NSE ScannerComparison · NSE · data 2026-10-31
Adani Power Limited vs Power Grid Corporation of India Limited
In plain words
Size: Adani Power Limited is about 1.5 times the market value of Power Grid Corporation of India Limited.
Valuation (P/E): Adani Power Limited 20 vs Power Grid Corporation of India Limited 15.5.
Return on equity: Adani Power Limited 21.6% vs Power Grid Corporation of India Limited 16.2%.
Profit growth over 3 years: Adani Power Limited 10.5% a year vs Power Grid Corporation of India Limited 1.1% a year.
Debt to equity: Power Grid Corporation of India Limited 1.45 vs Adani Power Limited 0.84.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ADANIPOWER | POWERGRID | |
|---|---|---|
| Price | ₹189 | ₹265 |
| Market cap | ₹3,65,252 cr | ₹2,46,001 cr |
| P/E | 20 | 15.5 |
| P/B | 4.8 | — |
| ROE | 21.6% | 16.2% |
| ROCE | 13.0% | 9.5% |
| Debt / equity | 0.84 | 1.45 |
| Operating margin | 23.4% | 53.9% |
| Dividend yield | 0.00% | 3.40% |
| Sales growth, 3 years (yearly) | 11.8% | 0.3% |
| Profit growth, 3 years (yearly) | 10.5% | 1.1% |
| 1-year return | 15.5% | -10.6% |
| Revenue, last 12 months | ₹58,048 cr | ₹47,033 cr |
| Net profit, last 12 months | ₹18,222 cr | ₹15,896 cr |
| Latest quarter | Jun 2024 | Dec 2024 |
| Quarter net profit | ₹3,913 cr | ₹3,862 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 74.96% | 51.34% |
| Health check | Strong (7.1/10) | Average (5.5/10) |
Common questions
Which has a higher P/E, Adani Power Limited or Power Grid Corporation of India Limited?
Adani Power Limited trades at the higher P/E (20 against 15.5). 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 16.2%).
Which carries more debt?
Power Grid Corporation of India Limited has the higher debt-to-equity ratio (1.45 against 0.84).