Comparison · NSE · data 2026-11-03
Adani Energy Solutions Ltd vs Power Grid Corporation of India Limited
In plain words
Size: Power Grid Corporation of India Limited is about 1.5 times the market value of Adani Energy Solutions Ltd.
Valuation (P/E): Adani Energy Solutions Ltd 44.6 vs Power Grid Corporation of India Limited 15.7.
Return on equity: Power Grid Corporation of India Limited 16.2% vs Adani Energy Solutions Ltd 9.6%.
Profit growth over 3 years: Adani Energy Solutions Ltd 22.7% a year vs Power Grid Corporation of India Limited 1.1% a year.
Debt to equity: Adani Energy Solutions Ltd 1.93 vs Power Grid Corporation of India Limited 1.45.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ADANIENSOL | POWERGRID | |
|---|---|---|
| Price | ₹1,377.9 | ₹267.7 |
| Market cap | ₹1,64,555 cr | ₹2,46,001 cr |
| P/E | 44.6 | 15.7 |
| P/B | 5.4 | — |
| ROE | 9.6% | 16.2% |
| ROCE | 10.2% | 9.5% |
| Debt / equity | 1.93 | 1.45 |
| Operating margin | 24.7% | 53.9% |
| Dividend yield | 0.00% | 3.40% |
| Sales growth, 3 years (yearly) | 27.8% | 0.3% |
| Profit growth, 3 years (yearly) | 22.7% | 1.1% |
| 1-year return | 41.9% | -8.3% |
| Revenue, last 12 months | ₹33,960 cr | ₹47,033 cr |
| Net profit, last 12 months | ₹3,708 cr | ₹15,896 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹1,323 cr | ₹3,866 cr |
| Quarter profit vs a year earlier | +147.7% | +8.4% |
| Promoter holding | 73.39% | 51.34% |
| Health check | Average (5.4/10) | Average (5.5/10) |
Common questions
Which has a higher P/E, Adani Energy Solutions Ltd or Power Grid Corporation of India Limited?
Adani Energy Solutions Ltd trades at the higher P/E (44.6 against 15.7). 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?
Power Grid Corporation of India Limited (16.2% against 9.6%).
Which carries more debt?
Adani Energy Solutions Ltd has the higher debt-to-equity ratio (1.93 against 1.45).