Adani Power Share Price Target 2023, 2024, 2025, 2028, 2030

By Suraj Sharma

Updated on:

Adani Power share price target

Adani Power Share Price Target 2023, 2024, 2025, 2028, 2030: In the past two to three years, the majority of Adani Group equities produced exceptional gains. One of them is Adani Power. Adani Power stock has produced an amazing CAGR return of 76.3% over the last three years.

We shall assess the Adani Power company in this essay today using its basics. Additionally, we’ll make an effort to forecast the Adani Power Share Price Target for the years 2022 through 2030. So, follow along with us.

Adani Power Share Price Target 2023, 2024, 2025, 2028, 2030

Gautam Adani formed the business on August 22, 1996. Ahmedabad, Gujarat, serves as the company’s corporate headquarters.

The Adani Group’s sister company in the energy industry is called Adani Power. The chairman of the business is Mr. Gautam Adani, followed by Mr. Anil Sardana as MD & CEO and Mr. Shailesh Sawa as CFO.

Adani Power Share Price Target 2023

The company generates and distributes power, and it has a market cap of about $1,39,756.18 billion. Currently, the sector P/E ratio is 29.21, while the company’s P/E ratio is 28.45.

The loss has decreased over the past two years. This indicates that the business’s revenue is rising. How the business will be able to achieve profitability over the next one to two years will be crucial.

First Target 2023₹240
Second Target 2023₹280

Adani Power Share Price Target 2024

The operating coal-based thermal power generation capacity of the company’s four wholly-owned subsidiaries, Adani Power, is 10,440 MW. APL now owns a 40 MW operating solar power facility in Kutch, Gujarat, on an independent footing after selling its 4620 MW Mundra power generation business to its subsidiary, APMuL.

The market share declined from 16.55% to 15.14% over the previous five years. For the business, there is a long list of promising projects.

First Target 2024₹310
Second Target 2024₹340

Adani Power Share Price Target 2025

The company’s financials fall short of expectations. Every year, the business continues to lose money. However, the impending initiatives provide the corporation with some optimism.

In all, Adani Electricity Ltd. has power agreements with Gujarat Urja Vikas Nigam Limited (GUVNL), Haryana Discoms, MSEDCL, 1200 MW Rajasthan Discoms, 1080 MW Karnataka Discoms, and 120 MW Punjab Discoms totaling 2000 MW, 1424 MW, and 3085 MW, respectively.

First Target 2025₹380
Second Target 2025₹410

Adani Power Share Price Target 2028

The stock of this company has produced multifold gains during the last three years. In the previous three years, it has generated a CAGR Return of 82%.

With India’s economy expanding, there will be a greater electricity demand. The increase of electrification in all villages, general economic activity, and GDP growth are a few of the elements influencing the rising per capita spending.

So, long-term expectations are strong for this stock.

First Target 2028₹570  
Second Target 2028₹595  

Adani Power Share Price Target 2030

India is the third-largest electricity consumer in the world. Additionally, one of the biggest transmission systems is present.

It is quite advantageous for Adani Power. Long-term growth potential exists for the company’s management.

By the way, if you plan to hold this stock for a long time, be sure to regularly review your investment.

First Target 2030₹900  
Second Target 2030₹960  

Adani Power Share Target Price 2022, 2023, 2024, 2025, 2030

YearFirst TargetSecond Target
2023240280
2024310340
2025380410
2026445485
2027505525
2028570595
2029720765
2030900960

Business Plan of Adani Power

Indian energy and power firm are called Adani Power. The business is a part of the Adani Group.

Power supply, distribution, and generating are businesses operated by Adani Power. Additionally, it typically deals with electricity and investigates the creation, generation, accumulation, supply, and distribution of different types of energy from any source.

The enterprise now uses 10480 MW of capacity for operation. It was the first business in the nation to put into operation and commission 660 MW supercritical technology units.

Advantages of the Business

Financial Capability:

  • The business has experienced very strong revenue growth over the past year.
  • A strong promoter position.

Other advantages

  • It has Adani Group support.
  • An experienced and knowledgeable management group.

Issues with the Company

Financial Problems:

  • Adani Power consistently experiences losses.
  • Over the past three years, the company’s revenue has grown at a dismal -61.96% annual rate.
  • A debt load of 15,299.21 crore rupees.
  • Over the last three years, the company’s ROE was dismal at -7.21%.
  • Over the previous three years, the company’s ROCE was dismal at 0.63%.
  • A coverage ratio of 0.22 with low interest.
  • Cash flow from operations for the business is negative at -0.15.
  • The company’s EV/EBITDA ratio is currently 218.52, which is high.
  • A pledged high promoter holding is 25.33%.
  • Free cash flow that is negative.

Other dangers and worries

  • A larger reliance on more expensive imported coal results from vulnerability to lower than committed supplies of domestic coal.
  • Weak APMuL debt coverage metrics hinder financial risk profile.

Arrangement of Adani Power’s shares

Promoters  74.97%    
Public   7.47%  
FII   12.53%    
DII   5.03%  
Others     0%  

Competitors of Adani Power

The following are the major competitors of the company –

  • Tata Power
  • NTPC
  • Power Grid
  • JSW Energy
  • Torrent Power

Conclusion

In the last five years, Adani Power has provided excellent returns to its investors. Thus, a lot of people are placing bets on this stock. However, based on the analysis we just performed, the company’s fundamentals aren’t that good.

However, the future of electricity production and transmission is bright. Therefore, it falls heavily on the shoulders of the company’s seasoned management to expand the business.

The Adani Power Share Target Price or Adani Power Share Price Target 2022, 2023, 2024, 2025, and 2030 is covered in this article. Please share this with your friends on social media if you enjoy it, my friends. We welcome your insightful comments in the space provided below.

Disclaimer: We have only assessed the company briefly in this article. We aren’t SEBI-registered advisors, either. Regarding this stock, we haven’t given any investing recommendations. This article only serves educational purposes and is entirely subjective. Please do your research or get the advice of your financial advisor before making any investments.

FAQ:

Q1.Is Adani Power a wise investment?

Over the past three years, the company has produced exceptional returns. The past two years have been profitable for the business as well.

Q2.Adani Power or Tata Power, which is superior?

Ans Financially speaking, Tata Power is doing well. Adani Power, however, has experienced greater revenue growth than Tata Power.

Que:- Is Adani Power an all-around winner?

The business already provides investors with returns that are multiplied.

Q3. Is Adani Power a corporation that has no debt?

The company owes a total of 15,299.21 Cr. in debt.

Q4. Who is the Adani Power owner?

The owner of the Adani Group is the company.

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Suraj Sharma

Suraj Sharma is the Founder and an Author of this Blog i.e. stocktarget.in. He is in the field of Stock Market from last 5 Years. He would love to share his experience with the Stock Market through this Blog. He writes about Stock Analysis and Trading Strategies.

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