Adani Power Limited — PPTs, 11-03-2025: Investor Presentation

Adani Power Limited has released an updated investor presentation highlighting its strong operational performance and growth strategy.

**Financial Highlights:** The company reported a total operational capacity of 17,550 MW, with continuing EBITDA of ₹4,786 Cr, showing a decrease of 5.4% compared to the previous period, affected by lower merchant tariff realizations. Profit After Tax increased by 7.4% to ₹2,940 Cr due to higher one-time income recognition. Total revenue for the period was ₹13,434 Cr, with a significant portion secured under long-term Power Purchase Agreements (PPAs).

**Strategic Initiatives and Growth Drivers:** APL is positioned to capture thermal power growth, targeting a total capacity of 30,670 MW. The focus is on expanding its operational base through both organic and inorganic growth, benefiting from an identified development pipeline of 12.52 GW. The company aims to enhance fuel security and manage costs effectively.

**Business Developments:** APL highlighted its successful management of acquisition-related growth and its unique in-house logistics capabilities, which provide a competitive advantage in fuel efficiency.

**Market Position and Competitive Advantage:** APL's market position is strengthened by stable revenues from long-term contracts, a robust financial profile with an AA credit rating, and a commitment to operational excellence.

**Investor Implications:** The company presents a positive outlook for investors, driven by strategic growth initiatives, operational efficiencies, and a strong demand for power in India, underpinned by regulatory stability and liquidity for potential expansions.