New Delhi: India’s largest private thermal power company Adani Power Ltd has expanded its business operations significantly in the last few years. According to the report of InCred Equities, the Adani Group’s firm is now in complete turnaround mode and is preparing to increase its capacity on a large level in the future.
InCred, one of India’s premier providers of financial advice and capital, has given a rating of “ADD” to Adani Power the company and also projected the company’s share price to rise. The institution has initiated a BUY rating for Adani Power shares, and has given a target price of Rs 649 in one year, which indicates a gain of around 17.8 per cent from the current price of Rs 552.
Adani Power Business and FY25 Results
Adani Power is currently the largest private thermal power generator in India with a production of 17.55GW. In full fiscal 2024-25, the company recorded a plant load factor (PLF) of 71 per cent and revenue of Rs 564 billion.
In 2024-25, Adani Power’s power generation stood at 102.2 Billion Units (BU), up by 19.5% from 85.5 BU in 2023-24.
Robust power demand and higher operating capacity helped the company recording consolidated power sale volume at 95.9 BU in FY25, increase of 20.7% from 79.4 BU in FY24.
In FY25, Adani Power’s revenue was boosted by higher sales volumes, offset partially by lower tariff. The consolidated continuing total revenues was higher by 10.8 percent at Rs 56,473 crore, as compared to Rs 50,960 crore in FY24.
The company’s consolidated continuing EBITDA increased 14.8% at Rs 21,575 crore, while it was Rs 18,789 crore in FY24. The higher revenue and lower fuel prices helped company achieving this data.
The improved EBITDA and lower finance costs helped Adani Power to record consolidated continuing Profit Before Tax for FY25 higher by 21.4% at Rs 13,926 crore, while it was Rs 11,470 crore in 2023-24.
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Adani Power, India’s largest private thermal power generator, reported strong FY25 results, showing significant growth in power generation and revenue. InCred Equities has issued a “BUY” rating with a target price of Rs 649, projecting a 17.8% increase. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
