Adani Power Limited Q1 FY26 results deck summary

Results deck of 1 Aug 2025, summarised by AI from the filing.

Adani Power Q1 FY26 continuing revenue ₹14,167 cr and EBITDA ₹5,744 cr, with net debt at ₹37,437 cr.

Key takeaways

1. Q1 FY26 results Continuing revenue ₹14,167 cr (Q1 FY25: ₹15,052 cr, -5.9%) and continuing EBITDA ₹5,744 cr (Q1 FY25: ₹6,290 cr, -8.7%).
2. Change Net debt rose to ₹37,437 cr in Q1 FY26 from ₹31,023 cr in FY25.
3. Risk All India power demand decreased by 1.6% in Q1 FY26 vs Q1 FY25.

Original filing on BSE

Adani Power Limited Q1 FY27 results

As filed: Revenue ₹18,902 cr (+34% year on year), EBITDA ₹7,949 cr (+40% year on year), PAT ₹4,867 cr (+47% year on year), EBITDA margin 42.1% (+176 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹14,223 cr (0% year on year), EBITDA ₹4,732 cr (−2% year on year), PAT ₹4,271 cr (+64% year on year), EBITDA margin 33.3% (−53 bps). Score 40 of 100, In line with trend. Revenue and EBITDA growth were below the company's own trend; profit growth was well above it. EBITDA margin fell 53 bps year on year. Other income 40% of PBT. Tax rate 3%. Share price after the results: +9.0% in 30 days (Nifty 500: −0.5%).
• Q3 FY26: Revenue ₹12,451 cr (−9% year on year), EBITDA ₹4,238 cr (−16% year on year), PAT ₹2,488 cr (−15% year on year), EBITDA margin 34.0% (−271 bps). Score 31 of 100, Below trend. Revenue growth was well below the company's own trend; EBITDA growth was below it; profit growth was in line with it. EBITDA margin fell 271 bps year on year. Revenue fell 7% from last quarter. Share price after the results: +6.0% in 29 days (Nifty 500: +0.4%).
• Q2 FY26: Revenue ₹13,457 cr (+1% year on year), EBITDA ₹5,150 cr (−2% year on year), PAT ₹2,906 cr (−12% year on year), EBITDA margin 38.3% (−128 bps). Score 35 of 100, Below trend. Revenue and EBITDA growth were below the company's own trend; profit growth was in line with it. EBITDA margin fell 128 bps year on year. Revenue fell 5% from last quarter. Share price after the results: −9.0% in 29 days (Nifty 500: −0.1%).
• Q1 FY26: Revenue ₹14,109 cr (−6% year on year), EBITDA ₹5,685 cr (−8% year on year), PAT ₹3,305 cr (−16% year on year), EBITDA margin 40.3% (−113 bps). Score 25 of 100, Below trend. Revenue growth was well below the company's own trend; EBITDA growth was below it; profit growth was in line with it. EBITDA margin fell 113 bps year on year. Consolidated profit -16% but standalone +27%. Share price after the results: +2.1% in 28 days (Nifty 500: −2.0%).
• Q4 FY25: Revenue ₹14,237 cr (+7% year on year), EBITDA ₹4,813 cr (−1% year on year), PAT ₹2,599 cr (−5% year on year), EBITDA margin 33.8% (−249 bps). Score 26 of 100, Below trend. Revenue and EBITDA growth were below the company's own trend; profit growth was in line with it. EBITDA margin fell 249 bps year on year. Consolidated profit -5% but standalone +29%. Profit fell 12% from last quarter. Share price after the results: −0.9% in 30 days (Nifty 500: +3.1%).
• Q3 FY25: Revenue ₹13,671 cr (+5% year on year), EBITDA ₹5,024 cr (+8% year on year), PAT ₹2,940 cr (+7% year on year), EBITDA margin 36.8% (+99 bps). Score 22 of 100, Below trend. Revenue and EBITDA growth were well below the company's own trend; profit growth was in line with it. EBITDA margin rose 99 bps year on year. Other income 29% of PBT. Profit fell 11% from last quarter.
• Q2 FY25: Revenue ₹13,339 cr (+3% year on year), EBITDA ₹5,276 cr (+2% year on year), PAT ₹3,298 cr (−50% year on year), EBITDA margin 39.6% (−25 bps). Score 26 of 100, Below trend. EBITDA margin fell 25 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 11% from last quarter.

Past price moves after results do not indicate future moves. Not a recommendation.

Adani Power Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (23 Jul 2026), Results deck (23 Jul 2026), Results deck (1 Aug 2026), Results deck (1 Aug 2026)
• Q4 FY26: Results deck (29 Apr 2026)
• Q3 FY26: Earnings call (29 Jan 2026), Results deck (29 Jan 2026)
• Q2 FY26: Earnings call (30 Oct 2025), Results deck (30 Oct 2025)
• Q1 FY26: Earnings call (1 Aug 2025), Results deck (1 Aug 2025)
• Q4 FY25: Earnings call (1 May 2025), Results deck (30 Apr 2025)
• Other events: Strategy deck (7 Sep 2026), Strategy deck (7 Sep 2026), Strategy deck (22 Aug 2026), Strategy deck (2 Jun 2026), Strategy deck (15 Nov 2025), Strategy deck (5 Sep 2025), Strategy deck (5 Sep 2025), Strategy deck (29 Aug 2025), Strategy deck (4 Aug 2025), Strategy deck (9 Jun 2025), Strategy deck (9 Jun 2025), Strategy deck (10 May 2025), Strategy deck (30 Apr 2025)