Adani Power Limited — PPTs, 02-06-2026: Investor Presentation

Adani Power (APL) is powering up! For Q4 FY26, revenue jumped 10% YoY to ₹15,989 Cr, and profit (PAT) surged 64% to ₹4,271 Cr. For the full year FY26, revenue was ₹57,865 Cr, with PAT at ₹12,971 Cr.

APL, India’s largest private thermal power producer with 18.33 GW operating capacity, is gearing for massive expansion. They have a locked-in capacity of 23.72 GW and target 42.05 GW. Growth is de-risked with 100% land acquisition and equipment ordering for new projects, with 60% being brownfield for faster execution. Operational excellence drives high plant availability (88% FY26) and strong EBITDA margins (40% FY26).

Management plans significant capex of ₹202,000 Cr over the next 7 years, largely funded by strong internal cashflows (FY26 FFO ₹20,248 Cr). Net Debt to Continuing EBITDA improved to 2.12x in FY26, showing a robust financial position. The company focuses on expanding its baseload power capacity, crucial for India’s growing energy demand, backed by long-term power purchase agreements (PPAs) that secure revenue.