अFunda Observatory

ADANI POWER LIMITED vs ADANI GREEN ENERGY LTD

ADANIPOWER and ADANIGREEN, both in Electric Utilities. Monthly data through 2026-10-12. Change the comparison →

Price, rebased to 100

Share price change since Jan '19, the first month all 2 have a price: ADANIPOWER +1943%, ADANIGREEN +3479%.

61274054198098Jan '19Aug '20Mar '22Oct '23May '25Oct '2661274054198098Jan '19Aug '21Mar '24Oct '26

Rebased at 2019-01. Monthly closes from each company's history.

ROCE

4.0%13.3%22.7%32.0%Jan '19Aug '20Mar '22Oct '23May '25Oct '264.0%13.3%22.7%32.0%Jan '19Aug '21Mar '24Oct '26
ADANI POWER LIMITED (ADANIPOWER)ADANI GREEN ENERGY LTD (ADANIGREEN)

Months with a missing value are left as gaps.

Where the return came from

The share price return over 3 years, split into net profit growth, share count change and the change in P/E.

ADANIPOWE Net profit growth: +50 pts+50 ptsShare count change: -3 ptsP/E change: +109 pts+109 pts +156% ADANIGREE Net profit growth: +94 pts+94 ptsShare count change: -27 pts-27 ptsP/E change: -28 pts-28 pts +40%
Net profit growthShare count changeP/E changeUnexplained

ADANIPOWER: share price rose 156% over 3 years: +50 pts from net profit growth, +109 pts from the P/E change, −3 pts from share count change.

ADANIGREEN: share price rose 40% over 3 years: +94 pts from net profit growth, −28 pts from the P/E change, −27 pts from share count change.

Segments are percentage points of the price return: price = P/E × net profit ÷ share count. These are the same numbers each company's own page shows.

Rank within sector, month by month

Each cell is the company's percentile rank among its own sector peers that month. Darker is higher-ranked. Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

ADANI POWER LIMITED (ADANIPOWER) · Utilities

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

ADANI GREEN ENERGY LTD (ADANIGREEN) · Utilities

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value.

Latest snapshot

MetricADANIPOWERADANIGREEN
Share Price₹185.90₹1274.00
Market Cap₹3.66L cr₹2.52L cr
P/E25.2x117.6x
P/B5.6x12.6x
P/S6.2x18.6x
ROCE17.0%7.0%
ROE22.4%10.7%
Operating margin42.0%90.0%
Revenue (TTM), indexed to 100₹59033 cr₹13559 cr
Net Profit (TTM)₹14532 cr₹2146 cr
Debt / Equity0.8x5.2x
Cash Conversion Cycle79d60d
Promoter holding75.0%62.4%
FII Holding11.0%11.3%
DII Holding4.5%5.3%
12M momentum17.8%11.8%
Drawdown from Peak-23.6%-55.8%
Cash conversion (3Y)1.2x5.0x
Interest cover6.2x1.3x
Share Count Change (1Y)0.0%4.0%
Volatility (1Y)34.9%43.0%

Latest month in the data: 2026-10. Highlight marks the higher value, or the lower value for P/E, P/B, P/S, debt, working-capital days, share count change and volatility. It marks a number, not a better investment.

Comparison is descriptive and historical. Highlights mark the higher or lower value on a metric, not a better investment. Not investment advice; ApnaFunda is not a SEBI-registered research analyst.