Comparison · NSE · data 2026-10-31
Adani Green Energy Limited vs Adani Power Limited
In plain words
Size: Adani Power Limited is about 1.7 times the market value of Adani Green Energy Limited.
Valuation (P/E): Adani Green Energy Limited 114.2 vs Adani Power Limited 20.
Return on equity: Adani Power Limited 21.6% vs Adani Green Energy Limited 10.5%.
Profit growth over 3 years: Adani Green Energy Limited 22.6% a year vs Adani Power Limited 10.5% a year.
Debt to equity: Adani Green Energy Limited 5.29 vs Adani Power Limited 0.84.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ADANIGREEN | ADANIPOWER | |
|---|---|---|
| Price | ₹1,298.7 | ₹189 |
| Market cap | ₹2,13,367 cr | ₹3,65,252 cr |
| P/E | 114.2 | 20 |
| P/B | 10.2 | 4.8 |
| ROE | 10.5% | 21.6% |
| ROCE | 6.9% | 13.0% |
| Debt / equity | 5.29 | 0.84 |
| Operating margin | 60.9% | 23.4% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 18.5% | 11.8% |
| Profit growth, 3 years (yearly) | 22.6% | 10.5% |
| 1-year return | 16.7% | 15.5% |
| Revenue, last 12 months | ₹14,809 cr | ₹58,048 cr |
| Net profit, last 12 months | ₹1,874 cr | ₹18,222 cr |
| Latest quarter | Sept 2026 | Jun 2024 |
| Quarter net profit | ₹673 cr | ₹3,913 cr |
| Quarter profit vs a year earlier | +15.4% | — |
| Promoter holding | 62.43% | 74.96% |
| Health check | Average (4.3/10) | Strong (7.1/10) |
Common questions
Which has a higher P/E, Adani Green Energy Limited or Adani Power Limited?
Adani Green Energy Limited trades at the higher P/E (114.2 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 10.5%).
Which carries more debt?
Adani Green Energy Limited has the higher debt-to-equity ratio (5.29 against 0.84).