Q4 FY 2022 Review

Adani Power Limited reported net revenue of ₹10,597.78 crores for the quarter ended March 31, 2022, compared to ₹6,373.60 crores for March 31, 2021. EBIT and Profit After Tax were ₹7,168.33 crores and ₹4,645.47 crores for the quarter ended March 31, 2022, as compared to ₹1361.20 crores and ₹13.13 crores during the corresponding quarter of the previous year respectively.

Adani Power Limited - Investment Summary

Adani Power Limited - Overview

• Adani Power (APL), a subsidiary of the diversified Adani Group, is India's largest private thermal power generator.

• The Company was the first in the world to establish a coal-based supercritical thermal power facility registered under the Kyoto Protocol's Clean Development Mechanism (CDM).

• The company is also expanding a few existing power plants and constructing new ones, that will add more than 7000 MW of energy.

• The company has been assigned BBB- (triple B minus) credit rating on a long-term bank facility.

Adani Power Limited - Quarterly Summary

Business

• Adani Power Limited (APL) is India's largest private-sector thermal power producer. The Company entered the market in 2006 when it began developing its first plant in Mundra, Gujarat.

• The company has a total power generation capacity of 12,450 MW, which is made up of thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh, as well as a 40 MW solar power project in Gujarat.

• As part of its worldwide expansion and diversification objectives, the Company is developing a 1,600 MW Ultra Supercritical power plant in Godda, Jharkhand, to supply electricity to the Bangladesh Power Development Board via a dedicated transmission line under a long-term PPA.

• In 2019, Adani Power Completes Acquisition of GMR Chhattisgarh Energy Ltd. at an enterprise value of approx. ₹3530 crores.

• APL Power generation plants

  PLANT	CAPACITY (MW)
  Udupi, Karnataka	1200
  Tiroda, Maharashtra	3300
  Raipur, Chhattisgarh	1370
  Raigarh, Chhattisgarh	600
  Kawai, Rajasthan	1320
  Mundra, Gujarat	4620
  Bitta, Gujarat	40
  Godda, Jharkhand(upcoming)	1600

   

• Out of the total revenue generated, 98.23% has been generated from power generation and related activities, whereas 1.77% has been generated from trading and investment activities in FY 2022, compared to 98.66% and 1.44% in FY 2021.

  

• The company has upcoming power plants in Godda (Jharkhand), Chhindwara (MP), and Dahej (Gujarat) and also is expanding the capacity of its Udupi and Kawai Power plant to 1600 MW each.

• The company has a mix of coastal, pit-head, and hinterland projects in high-demand areas near fuel supplies.

Adani Power Limited - Revenue Trend

Topline and Bottomline trend (crores)

Ratio Analysis