TickerKhojComparison · NSE · data 2026-11-02
Adani Energy Solutions Ltd vs NTPC Limited
In plain words
Size: NTPC Limited is about 1.9 times the market value of Adani Energy Solutions Ltd.
Valuation (P/E): Adani Energy Solutions Ltd 44.3 vs NTPC Limited 11.4.
Return on equity: NTPC Limited 14% vs Adani Energy Solutions Ltd 9.6%.
Profit growth over 3 years: Adani Energy Solutions Ltd 22.7% a year vs NTPC Limited 16.9% a year.
Debt to equity: Adani Energy Solutions Ltd 1.93 vs NTPC Limited 1.33.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ADANIENSOL | NTPC | |
|---|---|---|
| Price | ₹1,366.4 | ₹326 |
| Market cap | ₹1,64,555 cr | ₹3,06,415 cr |
| P/E | 44.3 | 11.4 |
| P/B | 5.3 | — |
| ROE | 9.6% | 14.0% |
| ROCE | 10.2% | 8.5% |
| Debt / equity | 1.93 | 1.33 |
| Operating margin | 24.7% | 20.2% |
| Dividend yield | 0.00% | 2.85% |
| Sales growth, 3 years (yearly) | 27.8% | 2.2% |
| Profit growth, 3 years (yearly) | 22.7% | 16.9% |
| 1-year return | 40.7% | -5.5% |
| Revenue, last 12 months | ₹33,960 cr | ₹1,91,060 cr |
| Net profit, last 12 months | ₹3,708 cr | ₹27,763 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹1,323 cr | ₹7,030 cr |
| Quarter profit vs a year earlier | +147.7% | +38.7% |
| Promoter holding | 73.39% | 51.10% |
| Health check | Average (5.5/10) | Average (6.1/10) |
Common questions
Which has a higher P/E, Adani Energy Solutions Ltd or NTPC Limited?
Adani Energy Solutions Ltd trades at the higher P/E (44.3 against 11.4). 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?
NTPC Limited (14.0% against 9.6%).
Which carries more debt?
Adani Energy Solutions Ltd has the higher debt-to-equity ratio (1.93 against 1.33).