Adani Power vs Power Grid Corporation of India: share price & financials comparison
NSE: ADANIPOWER vs POWERGRID · Power · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Adani Power vs Power Grid Corporation of India at a glance
Adani Power (ADANIPOWER) has a market capitalisation of ₹3,93,967 Cr, against ₹2,41,723 Cr for Power Grid Corporation of India (POWERGRID). Over the past year Adani Power has returned +26.0%, compared with -12.0% for Power Grid Corporation of India. On valuation, Power Grid Corporation of India trades at a lower P/E of 14.9 versus 21.6. Adani Power earns a higher return on equity (23.7% vs 15.2%). Adani Power comes out ahead on growth, financial health, momentum and technicals. Power Grid Corporation of India comes out ahead on size, valuation and profitability. Across the scored metrics below, Adani Power leads on 12 and Power Grid Corporation of India on 5. On StoxGud's 10-point checklist, Adani Power scores 9/10 and Power Grid Corporation of India scores 6/10.
| Metric | Adani Power | Power Grid Corporation of India |
|---|---|---|
| Size | ||
| Market cap | ₹3,93,967 Cr | ₹2,41,723 Cr |
| Revenue (latest FY) | ₹54,241 Cr | ₹46,733 Cr |
| Net profit (latest FY) | ₹12,834 Cr | ₹15,928 Cr |
| Valuation | ||
| P/E | 21.6 | 14.9 |
| P/B | 5.13 | 2.26 |
| Dividend yield | — | 3.46% |
| Profitability | ||
| Return on equity | 23.7% | 15.2% |
| Net profit margin | 28.0% | 34.2% |
| Operating margin | 38.7% | 82.3% |
| Growth | ||
| Revenue growth (YoY) | +44.5% | +3.0% |
| Net profit growth (YoY) | +134.3% | +8.4% |
| Revenue CAGR (multi-year) | +15.6% | +3.3% |
| Financial health | ||
| Debt to equity | 0.81 | 1.42 |
| Momentum | ||
| 1-month return | +3.7% | +2.7% |
| 1-year return | +26.0% | -12.0% |
| 3-year CAGR | +37.4% | +7.7% |
| 5-year CAGR | +57.9% | +12.9% |
| 10-year CAGR | +44.5% | +10.3% |
| Distance from 52W high | -17.9% | -19.0% |
| Technicals | ||
| RSI (14) | 59 | 61 |
| Price vs 200-day avg | +5.8% | -8.1% |
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 | Power Grid Corporation of India |
|---|---|---|
| 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 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Adani Power or Power Grid Corporation of India?
Adani Power has a market cap of ₹3,93,967 Cr and Power Grid Corporation of India has a market cap of ₹2,41,723 Cr as of 06 Nov 2026.
Which has a lower P/E, Adani Power or Power Grid Corporation of India?
Power Grid Corporation of India has the lower P/E: Adani Power trades at 21.6 and Power Grid Corporation of India at 14.9.
Which gave better returns in the last year, Adani Power or Power Grid Corporation of India?
Adani Power did better: Adani Power returned +26.0% and Power Grid Corporation of India returned -12.0% over one year.
Is Adani Power or Power Grid Corporation of India a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Adani Power scores 9/10 and Power Grid Corporation of India scores 6/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.