Adani Power Share Price Target 2023, 2024, 2025, 2030, and Long Term
Adani Power Ltd. is an Indian multinational thermal power producer that specializes in the generation and transmission of electricity. The company, part of the Adani Group, operates under long-term power purchase agreements and on a merchant basis within India. In this article, let’s look at the Adani Power Share Price Target 2023, 2024, 2025, 2030, and Long Term.
With its headquarters in Ahmedabad, Adani Power has risen to become the largest private thermal power producer in India, boasting an installed capacity of 13,650 MW. Additionally, the company has a 40 MW solar power project located in Gujarat.
Consider reading: Best Renewable Stocks in India
Page Contents
Adani Power Share Price Target 2023, 2024, 2025, 2030 and Long Term
| Year | Minimum Price Target | Maximum Price Target | Average Price Target |
|---|---|---|---|
| 2023 | 269 | 335 | 293 |
| 2024 | 343 | 433 | 388 |
| 2025 | 431 | 532 | 481 |
| 2026 | 517 | 636 | 576 |
| 2027 | 599 | 748 | 669 |
| 2028 | 693 | 844 | 768 |
| 2029 | 780 | 946 | 863 |
| 2030 | 867 | 1048 | 957 |
| 2031 | 954 | 1150 | 1052 |
| 2032 | 1303 | 1558 | 1431 |
The target price for Adani Power shares in 2023 is Rs 293, in 2024 it’s set at Rs 388, for 2025 it’s projected at Rs 481, and by 2030 it’s anticipated to be Rs 957.
The Adani Power Share Price Target is based on various factors such as the ROCE, Sales Growth, EPS Growth, Profit Growth, etc. Investors are advised to carefully research the stock before making any financial decisions.
Subscribe to our blog to get notified of the latest Adani Power Share Price Target!
Consider reading: Titan Share Price Target
Adani Power Share Price Target 2023
For 2023, the Adani Power share price target is set at Rs 293. The highest projected price is Rs 335, while the lowest is Rs 269.
| Year | Minimum Price Target | Maximum Price Target | Average Price Target |
|---|---|---|---|
| 2023 | 269 | 335 | 293 |
Adani Power Share Price Target 2024
For 2024, the Adani Power share price target is set at Rs 388. It’s expected to reach a high of Rs 433 and a low of Rs 343.
| Year | Minimum Price Target | Maximum Price Target | Average Price Target |
|---|---|---|---|
| 2024 | 343 | 433 | 388 |
Adani Power Share Price Target 2025
The Adani Power Share Price Target 2025 is Rs 481. The Maximum Share Price Target is Rs 532 and Minimum Share Price Target is Rs 431.
| Year | Minimum Price Target | Maximum Price Target | Average Price Target |
|---|---|---|---|
| 2024 | 431 | 532 | 481 |
Financial Highlights of Adani Power Ltd.
Here is a financial snapshot of Adani Power Ltd. for the last 3 years:
| Financial Header | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Sales | 26,221 | 27,711 | 38,773 |
| Expenses | 17,533 | 17,830 | 28,677 |
| Operating Profit | 8,688 | 9,881 | 10,096 |
| OPM % | 33% | 36% | 26% |
| Other Income | 1,909 | 3,908 | 4,216 |
| Interest | 5,106 | 4,095 | 3,334 |
| Depreciation | 3,202 | 3,118 | 3,304 |
| Profit before tax | 2,289 | 6,577 | 7,675 |
| Tax % | 45% | 25% | -40% |
| Net Profit | 1,270 | 4,912 | 10,727 |
| EPS in Rs | 3.29 | 12.73 | 27.81 |
| Dividend Payout % | 0% | 0% | 0% |
It is highly recommended to understand the financial metrics before we arrive at the Adani Power Share Price Target. Looking at the above table there is consistent growth in Adani Power’s Net Profit, EPS, and Sales figures in the last 3 years which is a good positive sign for the Adani Power Share.
Shareholding Pattern for Adani Power
| Share Holder | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|
| Promoters | 68.08 | 73.07 | 74.97 | 74.97 | 74.97 | 74.97 | 74.97 |
| FIIs | 22.12 | 11.28 | 10.02 | 12.38 | 11.52 | 11.31 | 11.70 |
| DIIs | 2.67 | 9.14 | 10.11 | 8.29 | 7.08 | 5.56 | 0.01 |
| Public | 7.12 | 6.51 | 4.90 | 4.35 | 6.43 | 8.15 | 13.32 |
Take away from the above Shareholding Pattern for Adani Power:
- Promoters: The percentage of shares held by promoters saw a substantial increase between Mar 2017 and Mar 2018, from 68.08% to 73.07%. After that, their shareholding percentage remained constant at 74.97%. This shows a strong commitment from the promoters toward the company, which can be seen as a positive sign from an investor’s perspective.
- Foreign Institutional Investors (FIIs): The share held by FIIs decreased significantly from Mar 2017 to Mar 2018, dropping from 22.12% to 11.28%. It continued to decrease albeit at a slower pace until Mar 2021. There was a slight increase in Mar 2022 and Mar 2023, but it remains notably less than in Mar 2017. This could be an indication of lessening foreign investor confidence in the company.
- Domestic Institutional Investors (DIIs): There was a substantial increase in DII ownership from Mar 2017 to Mar 2018, with holdings increasing from 2.67% to 9.14%. However, their share has been gradually decreasing since then, hitting a low of 0.01% in Mar 2023. The drop in the domestic institutional holding could potentially signal reduced confidence from the domestic institutions.
- Public: The percentage of shares held by the public decreased steadily from Mar 2017 to Mar 2020. However, there’s been a notable increase in public shareholding from Mar 2020 to Mar 2023, almost tripling from 4.35% to 13.32%. This could indicate growing interest and confidence from retail investors during this period.
Consider reading: Zomato Share Price Target
Business Plan and Strategy
Adani Power‘s business strategy is centered around four key areas: thermal power, renewable energy, transmission, and distribution.
The company plans to achieve its objectives by:
- Expanding its thermal power portfolio and market share through new project acquisitions and improved operational efficiency
- Strengthening its renewable energy portfolio by developing solar and wind power projects across India
- Diversifying its revenue streams by investing in transmission and distribution infrastructure and services
- Enhancing its environmental and social performance through the adoption of best practices and technologies
Competition Landscape
Adani Power’s primary competitors in the thermal power sector include:
- NTPC Ltd., the largest state-owned power producer in India with an installed capacity of 65,810 MW
- Tata Power Ltd., the largest integrated power company in India with an installed capacity of 12,772 MW
- JSW Energy Ltd., a leading private power producer in India with an installed capacity of 4,559 MW
Competitive Advantages
Adani Power’s competitive edge is its ability to offer reliable and affordable power to a variety of customers across India, utilizing its diversified portfolio of thermal and renewable energy sources.
The company’s strong track record of project execution and operational excellence, characterized by high plant availability and efficiency, further strengthens its competitive position.
Adani Power’s highly skilled and experienced workforce enables it to deliver high-quality products and services to its customers.
Growth Prospects
Adani Power’s growth prospects are propelled by the increasing demand for its power in various sectors, including industrial, commercial, residential, and agricultural, within India.
The company also anticipates higher growth opportunities in the renewable energy sector, with a target of achieving 25 GW of renewable capacity by 2025.
Additionally, Adani Power expects to benefit from growing demand for transmission and distribution services, as it plans to expand its network throughout India.
Consider reading: IRCTC Share Price Target
Closing Thoughts on Adani Power Share Price Target
In conclusion, Adani Power Ltd. is not just an energy company; it is an emblem of India’s energy future.
Its success story serves as a testament to the power of innovation, strategic planning, and steadfast commitment to serving the nation.
By continuing on its current trajectory, Adani Power is set to further etch its mark on India’s energy landscape, illuminating the path towards a sustainable and empowered future.
We touched on the Adani Power Share Price Target based on various parameters. We have tried to give you all the possible details on Adani Power company for you to make the right investment decision.
Before making any financial decision on investing in Adani Power Share, we recommend you do proper research and consult a financial advisor.
Consider reading: Trident Share Price Target
FAQs on Adani Power Share Price Target
What is the Adani Power Share Price Target 2023?
For the year 2023, the Adani Power share price target is set at Rs 293. The highest projected price is Rs 335, while the lowest is Rs 269.
What is the Adani Power Share Price Target 2024?
For the year 2024, the Adani Power share price target is set at Rs 388. It’s expected to reach a high of Rs 433 and a low of Rs 343.
What is the future of Adani Power share in 2025?
The future of Adani Power’s share in 2025 is uncertain and subject to various market factors. It is advisable to consult a financial expert or conduct thorough research for accurate predictions on Adani Power’s share price target in 2025. Please note that stock market investments involve risks and should be made based on individual analysis and risk tolerance.
Can I buy Adani Power stock?
Yes, you can conveniently purchase Adani Power shares through any broker by opening a demat account and completing the online KYC verification process. It’s a simple and secure way to invest in Adani Power stock.
Is Adani Power overvalued?
Looking at the CMP for Adani Power at Rs 246 in July. Adani Power Share is fairly priced with a P/E ratio of 9.
