Adani Power Reported Q1FY26 PAT at ₹3,305 Cr - - Down 15.5%; Board Approves Stock Split in 1:5 Ratio

Ahmedabad, August 1, 2025 – Adani Power Ltd (NSE: ADANIPOWER, BSE: 533096) has reported a consolidated net profit of ₹3,305 crore for the quarter ended June 30, 2025 (Q1FY26), down 15.5% year-on-year from ₹3,913 crore in Q1FY25. The board has also approved a stock split in a 1:5 ratio to enhance liquidity and retail participation, subject to shareholder approval.

Adani Power Ltd Share Price Performance

As of 1:15 pm, 1 August 2025, the share price of Adani is trading at ₹577.45, down ₹10.65 (1.86%) from its previous close of ₹588.10. The share opened at ₹588.00 and traded between ₹574.05 and ₹592.95, intraday.

Key Decisions from Board Meeting

Stock Split Announcement

The board has approved the sub-division of each equity share of ₹10 face value into five equity shares of ₹2 each, fully paid up. This move is aimed at making the stock more affordable and increasing market liquidity. The record date will be announced post shareholder approval.

Share Capital Pre & Post Split

Following Adani Power’s 5:1 stock split, the company’s share capital structure will undergo a significant change, aimed at improving stock liquidity and accessibility for retail investors. The face value of each equity share will be reduced from ₹10 to ₹2, resulting in a fivefold increase in the number of outstanding shares.

While the number of equity shares will rise from 385.69 crore to 1,928.47 crore, the paid-up share capital will remain unchanged at ₹3,856.94 crore. Additionally, the authorised share capital will increase by ₹2,480 crore, taking the total to ₹12,400 crore. The stock split is expected to enhance market participation by making the shares more affordable and increasing overall liquidity.

Action Details (as per Reg. 30 and SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155):

As per SEBI Regulation 30, Adani Power has adopted a stock split in a 1:5 ratio and has reduced the face value of equity shares of each type to 2 rupees. The aim is to increase liquidity and make it easier to attract retail investors. The move pertains to equity stocks alone and is to be done by a stipulated timeline of the SEBI.

Financial Highlights (Q1FY26)

Adani Power has generated ₹14109.15 crore in Q1FY26, marking a 5.7% decline compared to the previous year and a 0.9% decline quarter on quarter. The total revenue amounted to ₹14573.70 crore, a drop of 5.8% from the prior year, but improved at 0.3 YoQ.

EBITDA decreased by 8.4% year-to-year, but increased by 20.3% quarter to quarter to ₹6149.83 crores, which depicts the better operational efficiency of the company.

The company achieved a PBT of ₹4204.31 crore, which had decreased by 14.3% year-on-year and 28.9% quarter-on-quarter. The tax bill was reduced by 9.4% every year to ₹899.18 crore. While net profit (PAT) was at ₹3,305.13 crores, as mentioned above, which marked a drop of 15.5% YoY, but that is a robust rise of 27.2% QoQ.

Segment-wise Revenue & Operating Metrics

In Q1FY26, Adani Power generated ₹14,109.15 crores in revenue through its power generation segment alone, resulting in a segment profit of ₹4,263 crores. The trading and investment business brought ₹13.93 crore. The installed capacity of the company stands at 17,550 MW, which is expected to be higher in July 2025, reaching 18,150 MW. It sold 24.6 billion units (BU) of electricity, which is an improvement YoY of 24.2 BU. The later monsoons, however, cause PLF to reduce to 67.0%.

• Installed Capacity: 17,550 MW (grew to 18,150 MW in July 2025)
• Units Sold: 24.6 BU (up from 24.2 BU in Q1FY25)
• PLF: 67.0% (down from 78.0% YoY due to early monsoon)

Strategic Updates

• Amalgamation: Adani Power (Jharkhand) Ltd merged with APL, bringing the 1,600 MW Godda plant under standalone operations.
• New Acquisition: Acquired 600 MW Vidarbha Industries Power Ltd (VIPL) effective July 7, 2025.
• Project Pipeline: Aims to expand to 30,670 MW by FY30, including seven brownfield and one greenfield project totalling 12,520 MW.
• PPA Signed: 1,500 MW with Uttar Pradesh Power Corp. Ltd for 25 years.

Management Commentary

“Adani Power’s stable financial performance this quarter is a testament to its resilience and core strengths… We’re reinforcing our competitive edge and supporting India’s growing energy needs,” said S. B. Khyalia, CEO.

About the Company

Adani Power Ltd (APL), part of the Adani portfolio, is India’s largest private thermal power producer with 18,110 MW capacity across 12 plants in 8 states, and a 40 MW solar plant in Gujarat. Adani Power has a focus on supercritical and ultra-supercritical technology for improved efficiency and reduced environmental impact, and has also expanded its operations internationally. The company is also working on implementing flue gas desulfurization (FGD) equipment to meet emission norms and is exploring cleaner energy sources. The company is listed on NSE and BSE and is committed to reliable, affordable power and sustainable practices.

REF: https://nsearchives.nseindia.com/corporate/ADANIPOWER_01082025124322_APLOutcomeBM01082025.pdf

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