Archive · 27 Jul 2026
Adani Power vs NTPC: Q1 Results and Future Outlook
Adani Power and NTPC are two major power companies in India.
Adani Power has a smaller operational capacity but has seen significant stock growth.
NTPC, on the other hand, has a much larger operational capacity and a substantial capital expenditure plan.
Both companies have released their Q1 earnings, with Adani Power showing a higher percentage increase in net profit and revenue compared to NTPC.
Analysts have set various price targets for both stocks, reflecting their confidence in the companies' future performance.
Adani Power has an operational power generation capacity of 18,150 MW, while NTPC has 91,029 MW (91 GW).
Adani Power's stock has risen 61% in six months, whereas NTPC's stock has fallen 15% in three months.
Adani Power has allocated over Rs 2 lakh crore for capital expenditure, while NTPC plans to spend Rs 7 lakh crore by 2037.
Adani Power reported a 42% rise in Q1 net profit to Rs 4805.69 crore, and NTPC posted a 11.8% rise to Rs 6,721 crore.
Analysts have set price targets for Adani Power ranging from Rs 233 to Rs 282 and for NTPC from Rs 413 to Rs 480.
- Who
- Adani Power and NTPC
- What
- Q1 earnings and future outlook
- When
- Q1 of the current fiscal year
- Where
- India
- Why
- To provide insights into the financial performance and future plans of Adani Power and NTPC
Adani Power
NTPC
Power Capacity
Adani Power
Adani Power has an operational power generation capacity of 18,150 MW.
NTPC
NTPC has a total operational installed power generation capacity of 91,029 MW (nearly 91 GW).
Capital Expenditure
Adani Power
Adani Power has allocated over Rs 2 lakh crore in capital expenditure for expansion.
NTPC
NTPC has a Rs 7 lakh crore capital expenditure plan to achieve an installed capacity of 244 GW by 2037.
Stock Performance
Adani Power
Adani Power shares have risen 61% in six months and 351% in three years.
NTPC
NTPC shares are down 15% in three months but have gained 193% in five years.
Price Targets
Adani Power
Adani Power has price targets ranging from Rs 233 to Rs 282 from various brokerages.
NTPC
NTPC has price targets ranging from Rs 413 to Rs 480 from various brokerages.
Q1 Performance
Adani Power
Adani Power reported a 42% rise in Q1 net profit to Rs 4805.69 crore and a 34% rise in revenue to Rs 18901 crore.
NTPC
NTPC posted a consolidated net profit of Rs 6,721 crore in Q1, up 11.8% year-on-year, and revenue rose 7.8% to Rs 50,741 crore.
- Adani Power Operational Capacity
- 18,150 MW
- NTPC Operational Capacity
- 91,029 MW (91 GW)
- Adani Power Capex
- Over Rs 2 lakh crore
- NTPC Capex
- Rs 7 lakh crore
- Adani Power Stock Performance (6 months)
- 61% rise
- NTPC Stock Performance (3 months)
- 15% fall
- Adani Power Q1 Net Profit
- Rs 4805.69 crore (42% rise)
- NTPC Q1 Net Profit
- Rs 6,721 crore (11.8% rise)