Adani Power Limited (NSE: ADANIPOWER) and NTPC Ltd (NSE: NTPC) are both listed in the Thermal Power Generation industry. Adani Power has a market capitalisation of ₹3,76,727 Cr and NTPC ₹3,13,202 Cr, as of 9 Nov 2026. Their P/E ratios are 29.5 and 11.6 respectively. Return on equity is 20.91% for Adani Power and 13.69% for NTPC. Over one year, Adani Power's share price is up 31.4% and NTPC's is down 1.9%.
| Metric | Adani Power | NTPC |
|---|---|---|
| NSE Symbol | ADANIPOWER | NTPC |
| BSE Code | 533096 | 532555 |
| Share Price | ₹206.00 | ₹328.75 |
| Market Cap | ₹3,76,727 Cr | ₹3,13,202 Cr |
| P/E Ratio | 29.5 | 11.6 |
| Return on Equity | 20.91% | 13.69% |
| Return on Assets | 7.48% | 4.56% |
| Dividend Yield | — | 3.25% |
| Beta (1Y) | 0.42 | 0.46 |
| 1-Year Price Change | +31.4% | -1.9% |
| 3-Month Price Change | -2.2% | -3.4% |
| 52-Week Range | ₹128.10 – ₹254.20 | ₹292.05 – ₹414.40 |
| Latest Quarter | Q2 FY27 | Q2 FY27 |
| Quarterly Revenue | ₹19,439 Cr | ₹54,270 Cr |
| Quarterly Net Profit | ₹7,019 Cr | ₹7,351 Cr |
| Net Margin | 36.1% | 13.5% |
| EPS (Basic, Quarter) | ₹3.59 | ₹7.25 |
| Results Basis | consolidated | consolidated |
| Headquarters | Ahmedabad, Gujarat | New Delhi, Delhi |
The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.
Adani Power Limited engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India. The company generates electricity through thermal energy sources through various power projects with a combined installed and commissioned capacity of 17,550 megawatt (MW). It also operates various coal based power plants comprising 4,620 MW at Mundra, Gujarat; 3,300 MW at Tiroda, Maharashtra; 1,320 MW at Kawai, Rajasthan; 1,200 MW at Udupi, Karnataka; 600 MW at Raigarh and Korba, Ch…
NTPC Limited operates as an integrated power company in India. It operates through two segments: Generation and Others. The company generates power from fossil fuels, hydro, solar, wind, nuclear, and renewable energy sources. It also engages in the coal mining and energy trading business. NTPC Limited was incorporated in 1975 and is based in New Delhi, India.
Adani Power has a market capitalisation of ₹3,76,727 Cr, against ₹3,13,202 Cr for NTPC as of 9 Nov 2026, about 1.2 times the size by market cap.
Adani Power has a P/E of 29.5 and NTPC a P/E of 11.6 as of 9 Nov 2026.
Adani Power has a return on equity of 20.91% and NTPC 13.69%.
Adani Power's share price is up 31.4% over one year and NTPC's is down 1.9%.
Adani Power reported revenue of ₹19,439 Cr and net profit of ₹7,019 Cr for Q2 FY27. NTPC reported revenue of ₹54,270 Cr and net profit of ₹7,351 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.
Both are classified under Independent Power and Renewable Electricity Producers > Independent Power Producers and Energy Traders > Thermal Power Generation on FinBizNet.
No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.