Adani Power vs NTPC: share price & financials comparison
NSE: ADANIPOWER vs NTPC · Power · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Adani Power vs NTPC at a glance
Adani Power (ADANIPOWER) has a market capitalisation of ₹3,93,967 Cr, against ₹3,13,639 Cr for NTPC (NTPC). Over the past year Adani Power has returned +26.0%, compared with -6.9% for NTPC. On valuation, NTPC trades at a lower P/E of 10.6 versus 21.6. Adani Power earns a higher return on equity (23.7% vs 13.9%). Adani Power comes out ahead on profitability, growth, financial health, momentum and technicals. NTPC comes out ahead on size and valuation. Across the scored metrics below, Adani Power leads on 14 and NTPC on 3. On StoxGud's 10-point checklist, Adani Power scores 9/10 and NTPC scores 5/10.
| Metric | Adani Power | NTPC |
|---|---|---|
| Size | ||
| Market cap | ₹3,93,967 Cr | ₹3,13,639 Cr |
| Revenue (latest FY) | ₹54,241 Cr | ₹1,87,385 Cr |
| Net profit (latest FY) | ₹12,834 Cr | ₹27,053 Cr |
| Valuation | ||
| P/E | 21.6 | 10.6 |
| P/B | 5.13 | 1.47 |
| Dividend yield | — | 2.79% |
| Profitability | ||
| Return on equity | 23.7% | 13.9% |
| Net profit margin | 28.0% | 14.8% |
| Operating margin | 38.7% | 30.8% |
| Growth | ||
| Revenue growth (YoY) | +44.5% | +21.2% |
| Net profit growth (YoY) | +134.3% | +38.7% |
| Revenue CAGR (multi-year) | +15.6% | +10.9% |
| Financial health | ||
| Debt to equity | 0.81 | 1.29 |
| Momentum | ||
| 1-month return | +3.7% | +2.1% |
| 1-year return | +26.0% | -6.9% |
| 3-year CAGR | +37.4% | +11.1% |
| 5-year CAGR | +57.9% | +18.2% |
| 10-year CAGR | +44.5% | +9.6% |
| Distance from 52W high | -17.9% | -21.1% |
| Technicals | ||
| RSI (14) | 59 | 57 |
| Price vs 200-day avg | +5.8% | -8.9% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Adani Power | NTPC |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✓ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✓ | ✗ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✗ | ✓ |
| Score | 9/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Adani Power or NTPC?
Adani Power has a market cap of ₹3,93,967 Cr and NTPC has a market cap of ₹3,13,639 Cr as of 06 Nov 2026.
Which has a lower P/E, Adani Power or NTPC?
NTPC has the lower P/E: Adani Power trades at 21.6 and NTPC at 10.6.
Which gave better returns in the last year, Adani Power or NTPC?
Adani Power did better: Adani Power returned +26.0% and NTPC returned -6.9% over one year.
Is Adani Power or NTPC a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Adani Power scores 9/10 and NTPC scores 5/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.