Case study

ADANIPOWER

Adani Power Limited

Mixed signals1y model +5.6%

Each stock's 10,000-path forecast, rendered as light.

54Score

Adani Power Limited (ADANIPOWER) Stock Analysis & Case Study

Is ADANIPOWER a good buy? The data-driven verdict.

Adani Power Limited (ADANIPOWER) trades at ₹209,on the numbers it mixed signals, a Downstox Snapshot Score of 54/100.

On the numbers, Adani Power Limited (ADANIPOWER) mixed signals, a Downstox Snapshot Score of 54/100, weighing premium at 28.3× earnings, ROE of 21.1%, a 55% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

ADANIPOWER fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹4.03L Cr
Current price
₹209
P/E ratio
28.3×
P/B ratio
6.20×
Book value
₹34
ROCE
17.2%
ROE
21.1%
Piotroski F-Score
5/8

How ADANIPOWER ranks against the 2,373 companies in our screener

Is ADANIPOWER overvalued? ADANIPOWER P/E vs its Power

ADANIPOWER's P/E of 28.3× sits above the Power peer median of 20.9×, so on earnings it screens richer than peers.

ADANIPOWER P/E
28.3×
Peer median P/E
20.9×
Peer median yield
1.14%

ADANIPOWER share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ADANIPOWER history (37%/yr drift, 43%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
ADANIPOWER 2027₹128₹221₹379+6%
ADANIPOWER 2028₹106₹233₹511+11%
ADANIPOWER 2029₹95₹246₹636+18%
ADANIPOWER 2030₹87₹260₹777+24%
ADANIPOWER 2031₹79₹274₹949+31%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability ADANIPOWER goes up, or doubles?

55%
Higher in 1 year
Modelled chance the price is above today in 12 months
62%
Higher in 5 years
Modelled chance the price is above today in 5 years
32%
Doubles in 5 years
Modelled chance of reaching ₹418 within 5 years

The bull case for ADANIPOWER

  • ADANIPOWER's return on equity of 21.1% ranks in the 86th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹636.

The bear case & risks

  • ADANIPOWER's P/E of 28.3x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹95.

ADANIPOWER volatility & expected range, how bumpy is the ride?

Over the last 9.8 years ADANIPOWER compounded at 37%/year with annualized volatility of 43%. That volatility implies a 1-year 80% range of ₹128-₹379, the honest backbone behind any single price target.

ADANIPOWER price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
5.6%
80% range₹128-₹379
P(price ↑)55%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
17.7%
80% range₹95-₹636
P(price ↑)59%
P(price 2×)23%
5-Year Forecast
2031
₹0
Median (P50)
31.2%
80% range₹79-₹949
P(price ↑)62%
P(price 2×)32%

ADANIPOWER price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
ADANIPOWER simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds ADANIPOWER hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the ADANIPOWER price target & forecast page.

ADANIPOWER Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ADANIPOWER scores 5/8, mixed financial health.

ADANIPOWER MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy ADANIPOWER with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox30.74%3.3×
Zerodha29.10%3.4×
Groww29.27%3.4×
Dhan30.00%3.3×
Kotak Neo30.03%3.3×
Paytm MoneyCHEAPEST27.47%3.6×
Pocketful34.74%2.9×
Anand Rathi34.19%2.9×
Bajaj Broking45.00%2.2×
Share India34.35%2.9×

Compare every broker on the ADANIPOWER MTF page.

ADANIPOWER vs peers,Power comparison

StockP/EDiv yieldMarket cap
ADANIPOWER (this stock)28.3×-₹4.03L Cr
NTPC12.0×1.61%₹3.32L Cr
POWERGRID15.9×3.31%₹2.53L Cr
TATAPOWER31.1×0.66%₹1.22L Cr
NHPC20.4×2.09%₹77,266 Cr
ADANIGREEN117.0×0.00%₹2.26L Cr
SUZLON20.9×0.00%₹65,646 Cr

Fundamentals from Screener.in, as of 9 Aug 2026

About Adani Power Limited: sector, index & market-cap context

Adani Power Limited (ADANIPOWER) is a large-cap NSE-listed company in the Power sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹4.03L Cr. See more stocks on our screener.

How the ADANIPOWER Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Adani Power Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

ADANIPOWER analysis, FAQs

Is Adani Power Limited (ADANIPOWER) a good buy?

On the numbers, Adani Power Limited (ADANIPOWER) mixed signals, a Downstox Snapshot Score of 54/100, weighing premium at 28.3× earnings, ROE of 21.1%, a 55% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is ADANIPOWER overvalued or undervalued?

ADANIPOWER trades at 28.3× earnings versus a peer median of 20.9×, so it screens richer than its Power peers.

What is the ADANIPOWER share price target for 2031?

ADANIPOWER's probability-weighted 2031 median target is ₹274, with an 80% range of ₹79-₹949 (10,000-path Monte-Carlo).

What is the probability ADANIPOWER doubles in 5 years?

The modelled probability of ADANIPOWER reaching ₹418 (2×) within 5 years is 32%.

What is the bull case for ADANIPOWER?

ADANIPOWER's return on equity of 21.1% ranks in the 86th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in ADANIPOWER?

ADANIPOWER's P/E of 28.3x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on ADANIPOWER