Comparison · NSE · data 2026-10-30
Adani Energy Solutions Ltd vs Adani Power Limited
In plain words
Size: Adani Power Limited is about 2.2 times the market value of Adani Energy Solutions Ltd.
Valuation (P/E): Adani Energy Solutions Ltd 43.7 vs Adani Power Limited 20.
Return on equity: Adani Power Limited 21.6% vs Adani Energy Solutions Ltd 9.6%.
Profit growth over 3 years: Adani Energy Solutions Ltd 22.7% a year vs Adani Power Limited 10.5% a year.
Debt to equity: Adani Energy Solutions Ltd 1.93 vs Adani Power Limited 0.84.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ADANIENSOL | ADANIPOWER | |
|---|---|---|
| Price | ₹1,349.5 | ₹189 |
| Market cap | ₹1,66,444 cr | ₹3,68,723 cr |
| P/E | 43.7 | 20 |
| P/B | 5.3 | 4.8 |
| ROE | 9.6% | 21.6% |
| ROCE | 10.2% | 13.0% |
| Debt / equity | 1.93 | 0.84 |
| Operating margin | 24.7% | 23.4% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 27.8% | 11.8% |
| Profit growth, 3 years (yearly) | 22.7% | 10.5% |
| 1-year return | 38.9% | 15.5% |
| Revenue, last 12 months | ₹33,960 cr | ₹58,048 cr |
| Net profit, last 12 months | ₹3,708 cr | ₹18,222 cr |
| Latest quarter | Dec 2024 | Jun 2024 |
| Quarter net profit | ₹562 cr | ₹3,913 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 73.39% | 74.96% |
| Health check | Average (5.5/10) | Strong (7.1/10) |
Common questions
Which has a higher P/E, Adani Energy Solutions Ltd or Adani Power Limited?
Adani Energy Solutions Ltd trades at the higher P/E (43.7 against 20). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Adani Power Limited (21.6% against 9.6%).
Which carries more debt?
Adani Energy Solutions Ltd has the higher debt-to-equity ratio (1.93 against 0.84).