Adani Power Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook
- October 9, 2026
- Posted by: Ankit Jaiswal
- Category: Market
CMP Rs 189.00 (9 Oct 2026). 52W range Rs 128.10 to Rs 254.20. PE 24.93. 2027 base Rs 225, bull Rs 236.
Quick Answer
The Adani Power share price forecast for 2027 centres on a conservative case of Rs 194, a base case of Rs 225 and a bull case of Rs 236, against a current price of Rs 189.00. These targets scale today’s price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 19.0% upside from today’s price. The daily technical setup reads bearish.
Adani Power share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 189.00 on NSE as of 9 October 2026, 25.6% below its 52-week high of Rs 254.20, after the company reported net profit of Rs 12,971.08 crore for FY26.
This Adani Power stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.
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Adani Power Share Price Today and Key Data
The Adani Power share price today is Rs 189.00 on NSE, up 0.53% on the day. The market capitalisation stands at Rs 3,62,552 crore. Over the past year the price has risen 26.9% from Rs 148.91. Every Adani Power stock forecast figure below starts from this price.
| Metric | Value |
|---|---|
| Company | Adani Power (ADANIPOWER) |
| Current Price | Rs 189.00 |
| 52-Week High | Rs 254.20 (29 May 2026) |
| 52-Week Low | Rs 128.10 (23 January 2026) |
| Market Cap | Rs 3,62,552 crore |
| PE Ratio | 24.93 |
| Industry PE | 22.17 |
| PB Ratio | 5.84 |
| EPS (TTM) | Rs 7.54 |
| Return on Equity | 19.76% |
| Debt to Equity | 0.84 |
| Dividend Yield | 0.00% |
| Book Value per Share | Rs 32.19 |
What Is the Adani Power Share Price Prediction for 2027?
The Adani Power share price prediction for 2027 is a conservative case of Rs 194, a base case of Rs 225 and a bull case of Rs 236. Against Rs 189.00, these imply 2.6% upside, 19.0% upside and 24.9% upside. They are model scenarios built from reported EPS growth, not broker targets.
| Scenario | EPS Growth Basis | EPS Estimate | PE Multiple | Implied Value | Upside vs Current Price |
|---|---|---|---|---|---|
| Conservative Case | Lower of FY26 growth (2.5%) and 4-year CAGR (35.4%) | Rs 7.73 (+2.5%) | Unchanged from today (price to EPS ratio kept constant) | Rs 194 | +2.6% |
| Base Case | Average of the two | Rs 8.97 (+18.9%) | Unchanged from today (price to EPS ratio kept constant) | Rs 225 | +19.0% |
| Bull Case | Higher of the two (capped at 25%) | Rs 9.43 (+25.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 236 | +24.9% |
Each target takes today’s price of Rs 189.00 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the Adani Power target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.
Adani Power Share Price Forecast: What Has to Go Right by 2027
Each Adani Power target price below depends on a specific EPS outcome, and the text states that outcome next to the number.
Conservative Case for the Adani Power Share Price Target: Rs 194
Reaching Rs 194 needs EPS to rise 2.5% to Rs 7.73 while the stock keeps its current PE multiple. That matches the FY26 EPS growth of 2.5%.
Base Case for the Adani Power Share Price Target: Rs 225
Reaching Rs 225 needs EPS to rise 18.9% to Rs 8.97, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 47.2% in Q1 FY27 is at or above that pace, which supports the target.
Bull Case for the Adani Power Share Price Target: Rs 236
Reaching Rs 236 needs EPS to rise 25.0% to Rs 9.43 with the PE multiple held at today’s level. That sits inside the 52-week range of Rs 128.10 to Rs 254.20. A daily close above the nearest resistance level of Rs 191.08 (200-day EMA) would be the first technical confirmation.
Adani Power Financial Performance: Revenue, Profit and Margins
Adani Power earned net profit of Rs 12,971.08 crore on revenue of Rs 57,865.28 crore in FY26, with profit up 1.7% and revenue down 1.8% compared with FY25. Diluted EPS was Rs 6.62 against Rs 6.46 a year earlier, and that earnings base anchors the Adani Power share price forecast. Earlier-year EPS in the table below is restated for the company’s share split or bonus issue, so every year sits on the current share count.
| Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Operating Margin | Net Margin |
|---|---|---|---|---|---|
| FY22 | 31,686.47 | 4,911.58 | 1.97 | 49.76% | 15.50% |
| FY23 | 43,040.52 | 10,726.64 | 5.02 | 36.91% | 24.92% |
| FY24 | 60,281.48 | 20,828.79 | 10.55 | 55.83% | 34.55% |
| FY25 | 58,905.83 | 12,749.61 | 6.46 | 42.72% | 21.64% |
| FY26 | 57,865.28 | 12,971.08 | 6.62 | 43.20% | 22.42% |
In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 19,322.30 crore against Rs 14,573.70 crore a year earlier (+32.6%), and the bottom line was a net profit of Rs 4,866.60 crore against a net profit of Rs 3,305.13 crore (+47.2%). Operating margin was 44.90% versus 43.59% in the year-ago quarter. Cash flow from operations was Rs 20,513.65 crore in FY26 against Rs 21,501.11 crore in FY25. Together these figures set the earnings base for the Adani Power share price prediction.
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Is Adani Power Overvalued or Undervalued Right Now?
Adani Power trades at a PE of 24.93 against an industry PE of 22.17, which places the stock at a 12.4% premium to the industry average. The price-to-book ratio is 5.84 on a book value of Rs 32.19 per share. Return on equity of 19.76% means the company earns Rs 19.76 of profit for every Rs 100 of shareholder equity.
Debt to equity is 0.84, so borrowings equal about 84% of shareholder equity. No dividend was declared for FY26. This valuation context frames the Adani Power stock price prediction for 2027 without relying on any outside forecast.
Adani Power Stock Analysis: Technical Outlook
Adani Power stock trades below its 50-day SMA of Rs 205.19 and below its 200-day EMA of Rs 191.08, and the combined daily indicators read bearish. The 52-week high of Rs 254.20 was set on 29 May 2026, while the 52-week low of Rs 128.10 came on 23 January 2026.
| Indicator | Reading | Signal |
|---|---|---|
| RSI (14) | 34.02 | Weak momentum |
| MACD (12,26,9) | -3.84 vs signal -2.64 | Bearish |
| ADX (14) | 31.87 | Established trend |
| Supertrend (10,3) | Price below Rs 212.32 | Bearish |
| 50-day SMA | Rs 205.19 | Price below |
| 200-day EMA | Rs 191.08 | Price below |
The nearest support level sits at Rs 128.10 (52-week low). The nearest resistance level sits at Rs 191.08 (200-day EMA) and Rs 205.19 (50-day SMA). A sustained move above the nearest resistance would support the Adani Power share price prediction 2027 base case, and this Adani Power stock analysis uses daily candles only.
Adani Power Shareholding Pattern
Promoters hold 74.96% of Adani Power as of Sep 2026, unchanged across the last 5 quarters. FII holding is 11.03% (down from 11.53% in Sep 2025) and DII holding is 4.47% (up from 2.69% in Sep 2025), which puts combined institutional holding at 15.50%. Public shareholders own 9.54%. Shareholding data is one input for any Adani Power stock forecast.
Key Risks to the Adani Power Share Price Target for 2027
Earnings and Margin Risk
Operating margin has ranged from 36.91% to 55.83% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Adani Power stock forecast. Revenue was down 1.8% in FY26, and slower revenue growth would weigh on the profit path.
Size and Liquidity Risk
Market capitalisation stands at Rs 3,62,552 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Adani Power stock price target.
Balance Sheet Risk
Debt to equity of 0.84 means borrowings stand at about 84% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Adani Power share price forecast.
Technical Risk
The daily indicators read bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 128.10 (52-week low) would weaken the setup further.
Conclusion
This Adani Power stock analysis puts the share price target range for 2027 at Rs 194 to Rs 236, with a base case of Rs 225 against Rs 189.00 today. The inputs are a PE of 24.93 that sits at a 12.4% premium to the industry average, EPS growth of 2.5% in FY26 and a daily technical setup that reads bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Adani Power Share Price Prediction 2027
What is the Adani Power share price target for 2027?
Ans. The Adani Power share price forecast for 2027 has a conservative case of Rs 194, a base case of Rs 225 and a bull case of Rs 236. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.
What is the Adani Power share price today?
Ans. Adani Power trades at Rs 189.00 on NSE as of 9 October 2026, up 0.53% on the day. The 52-week range is Rs 128.10 to Rs 254.20.
Is Adani Power a good stock to buy for 2027?
Ans. The data points in different directions: the PE of 24.93 is at a 12.4% premium to the industry average, EPS grew 2.5% in FY26 and the daily technical setup reads bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.
Can Adani Power stock reach Rs 236 in 2027?
Ans. Reaching Rs 236 needs EPS to rise 25.0% from Rs 7.54 with the PE multiple held at today’s level, plus a daily close above Rs 191.08 (200-day EMA). This is a scenario, not a guarantee.
What are the support and resistance levels for Adani Power?
Ans. The nearest support levels are Rs 128.10 (52-week low), and the nearest resistance levels are Rs 191.08 (200-day EMA) and Rs 205.19 (50-day SMA).
What are the main risks for Adani Power stock in 2027?
Ans. The main risks to the Adani Power share price forecast are a fall in operating margin from the 36.91% to 55.83% range seen since FY22, slower revenue growth after FY26 revenue was down 1.8%, and thin trading volumes. Debt to equity of 0.84 adds balance sheet sensitivity.
How is the Adani Power target price for 2027 calculated?
Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 2.5% growth, the base case 18.9% and the bull case 25.0%, all drawn from the company’s reported FY26 and 4-year EPS growth.
