ADANIPOWER - Analysis

Aug 6, 2023

Adani Power Limited is a holding company engaged in providing electric power generation by coal-based thermal power plants and coal trading.

Financials:
TTM EPS: 27.81
TTM PE: 10.01
P/B: 5.74
Face Value: 10
Mkt Cap (Rs. Cr.): 107,415
Sector PE: 14.22
Book Value Per Share: 48.49

News: Adani Power, the Adani group company, on Thursday(03/08/2023), had posted a net profit of ₹8,759 crore for the first quarter of FY24, registering a robust growth of 83% from ₹4,780 crore in the same quarter last year.

Positives:

1. Strong Momentum: Price above short, medium and long term moving averages
   
2. Company with high TTM EPS Growth
   
3. Strong Annual EPS Growth
   
4. Efficient in managing Assets to generate Profits - ROA improving since last 2 year
   
5. Growth in Net Profit with increasing Profit Margin (QoQ)
   
6. Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
   
7. Increasing Revenue every quarter for the past 3 quarters
   
8. Increasing profits every quarter for the past 2 quarters
   
9. Annual Net Profits improving for last 2 years
   
10. Book Value per share Improving for last 2 years
    
11. FII / FPI or Institutions increasing their shareholding
    

Negatives:

1. Companies with High Debt
   
2. Inefficient use of shareholder funds - ROE declining in the last 2 years
   
3. Rising other income, and low operating income
   
4. Declining Net Cash Flow : Companies not able to generate net cash
   

NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.

Sep 17, 2023

Trade active

CMP 379

Nov 13, 2023

Note

CMP 390

Dec 16, 2023

Trade active

CMP 545