Adani Power cash flow

Latest FY26

Cash from operations: ₹20,514cr−4.6% on FY25
Capital spending: ₹23,307cr+101.6% on FY25
Free cash flow: −₹2,793cr₹9,942 cr in FY25
Cash from financing: ₹6,555cr−₹5,175 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	4,565	4,309	3,931	3,304
	—	3,367	3,340	3,388	3,334
	—	−1,953	−1,444	−8,921	−3,607
	—	−48.1	0.0	0.0	0.0
	—	−110	−91.1	−2.5	102
	—	0.0	−540	−312	−239
	—	−20.3	16.8	−197	−708
	—	−441	0.0	0.0	0.0
	—	−234	1,313	−1,067	−829
	—	1,370	−342	−1,738	−2,995
	—	−617	−49.6	−58.5	−44.0
	—	−82.7	−224	−63.9	−7.2
	—	−851	236	81.9	−358
	—	193	84.3	−80.5	124
	—	−182	−880	616	−423
	—	−26.1	206	−602	415
	—	173	0.0	1.1	0.0
	—	−268	−815	−1,558	2,776
	—	0.0	0.0	0.0	0.0
	—	4.0	26.8	4.1	−7.1
	—	72.1	4.4	15.6	−2.5
Cash from operating activities
	20,421	15,500	16,360	20,792	7,675
	—	4,912	5,150	−6,564	834
	—	20,411	21,509	14,228	8,509
	—	−102	8.3	57.4	78.7
	—	20,514	21,501	14,170	8,431
Cash from investing activities
	—	23,299	11,559	2,602	3,244
	—	7.7	0.0	0.0	0.0
	—	19.4	15.2	0.6	0.8
	—	43.6	0.0	0.0	0.0
	—	76.0	0.0	0.0	0.0
	—	137	0.0	0.0	0.0
	—	0.0	0.0	0.0	42.5
	—	0.0	0.0	125	0.0
	—	24.5	0.0	0.0	0.0
	—	3,965	6,396	2.6	727
	—	0.0	0.0	536	989
	—	0.1	28.4	376	4.8
	—	1,340	884	9,316	4,827
	—	−542	−115	−4,264	−264
	—	−26,461	−17,142	3,485	1,545
Cash from financing activities
	—	0.0	0.0	129	566
	—	3,057	4,258	5,900	661
	—	0.0	50.0	0.0	0.0
	—	0.0	100	0.0	0.0
	—	20,500	6,556	24,568	21,205
	—	5,400	3,352	30,598	28,148
	—	73.5	23.3	0.5	5.8
	—	4,025	3,408	3,431	3,365
	—	−1,389	−840	−1,632	0.0
	—	6,555	−5,175	−16,864	−10,408
	—	608	−816	791	−433
	—	0.0	0.0	−4.1	0.0
	—	608	−816	787	−433
	—	928	320	1,136	349
Reference items
	25,151	19,806	21,305	18,181	10,045
	38.7%	36.5%	37.9%	36.1%	25.9%
	−2,793	−2,793	9,942	11,568	5,187
	—	8,402	10,412	342	—
	−₹1.45	−₹1.45	₹5.16	₹6.00	₹2.69
	—	1.58×	1.69×	0.68×	0.79×
	—	−102	8.3	57.4	78.7
	—	4,025	3,408	3,431	3,365

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

ADANIPOWER₹191.20

Adani Power Ltd.

· Energy & Power

₹ CrorePeersTATAPOWER JSWENERGY NTPC ADANIENSOL ADANIGREEN POWERGRID NHPC CLEANMAXMcap ₹3.69L Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	3,303.7	3,931.3	4,308.9	4,564.5	—
+ Finance Costs	3,333.5	3,388.1	3,339.8	3,366.8	—
+ Interest Income	-3,607.2	-8,921.1	-1,444.0	-1,953.1	—
+ Fair Value (Gains) / Losses	0.0	0.0	0.0	-48.1	—
+ Unrealised FX (Gain) / Loss	101.6	-2.5	-91.1	-109.9	—
+ Other Non-cash Items	-239.0	-312.2	-540.4	0.0	—
+ Other — Cash Effects are Investing / Financing	-707.6	-197.5	16.8	-20.3	—
+ Other Reconciling Items	0.0	0.0	0.0	-441.0	—
Changes in Working Capital
+ Inventories	-829.1	-1,066.5	1,312.7	-234.1	—
+ Trade Receivables — Current	-2,995.3	-1,738.4	-341.6	1,370.4	—
+ Other Financial Assets — Current	-44.0	-58.5	-49.6	-616.6	—
+ Other Financial Assets — Non-current	-7.2	-63.9	-224.2	-82.7	—
+ Other Current Assets	-357.5	81.9	236.4	-850.6	—
+ Other Non-current Assets	124.4	-80.5	84.3	193.3	—
+ Trade Payables — Current	-423.2	615.6	-880.0	-182.2	—
+ Other Financial Liabilities — Current	414.6	-602.4	205.5	-26.1	—
+ Other Financial Liabilities — Non-current	0.0	1.1	0.0	172.9	—
+ Other Current Liabilities	2,776.1	-1,558.2	-814.9	-267.5	—
+ Other Non-current Liabilities	0.0	0.0	0.0	0.0	—
+ Provisions — Current	-7.1	4.1	26.8	4.0	—
+ Provisions — Non-current	-2.5	15.6	4.4	72.1	—
Cash from Operating Activities
Profit Before Tax (per I/S)	7,674.7	20,791.5	16,359.5	15,499.5	20,421.3
+ Total Adjustments (incl. Working Capital)	834.5	-6,563.9	5,149.9	4,911.9	—
Cash from Operations (pre-tax)	8,509.2	14,227.6	21,509.5	20,411.4	—
+ Income Taxes Paid	78.7	57.4	8.3	-102.3	—
Cash from Operating Activities	8,430.5	14,170.2	21,501.1	20,513.7	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	3,243.7	2,602.5	11,559.0	23,298.8	—
+ Acq of Intangible Assets	0.0	0.0	0.0	7.7	—
+ Disp of Fixed Assets	0.8	0.6	15.2	19.4	—
+ Acq of Investment Property	0.0	0.0	0.0	43.6	—
+ Acq of Other Long-term Assets	0.0	0.0	0.0	76.0	—
+ Disp of Other Long-term Assets	0.0	0.0	0.0	137.4	—
+ Purchase of Investments (Equity / Debt)	42.5	0.0	0.0	0.0	—
+ Sale of Investments (Equity / Debt)	0.0	125.4	0.0	0.0	—
+ Acq of Interests in Joint Ventures	0.0	0.0	0.0	24.5	—
+ Acq of Subsidiaries / Businesses (net)	727.2	2.6	6,395.6	3,964.8	—
+ Disp of Subsidiaries / Businesses (net)	988.9	536.2	0.0	0.0	—
+ Loans & Advances Repaid	4.8	375.6	28.4	0.1	—
+ Interest Received — Investing	4,827.3	9,316.2	883.6	1,339.5	—
+ Other Inflows / (Outflows) — Investing	-263.8	-4,263.9	-114.6	-541.6	—
Cash from Investing Activities	1,544.8	3,485.0	-17,142.1	-26,460.6	—
Cash from Financing Activities
+ Proceeds from Other Equity Instruments	566.5	129.0	0.0	0.0	—
+ Payments for Other Equity Instruments	661.2	5,900.0	4,258.1	3,056.9	—
+ Proceeds — Change in Ownership of Subsidiaries	0.0	0.0	50.0	0.0	—
+ Proceeds from Debentures / Notes / Bonds	0.0	0.0	100.0	0.0	—
+ Proceeds from Borrowings	21,205.4	24,568.1	6,555.9	20,500.0	—
+ Repayment of Borrowings	28,148.5	30,598.0	3,352.3	5,399.8	—
+ Payment of Lease Liabilities	5.8	0.5	23.3	73.5	—
+ Interest Paid	3,364.9	3,430.9	3,407.7	4,025.4	—
+ Other Inflows / (Outflows) — Financing	0.0	-1,631.9	-840.1	-1,389.5	—
Cash from Financing Activities	-10,408.5	-16,864.0	-5,175.5	6,554.9	—
Net Changes in Cash (pre-FX)	-433.1	791.2	-816.4	608.0	—
+ Effect of FX Rate Changes on Cash	0.0	-4.1	0.0	0.0	—
Net Changes in Cash	-433.1	787.0	-816.4	608.0	—
Closing Cash	349.2	1,136.3	319.9	927.9	—
Reference Items
EBITDA	10,044.7	18,180.7	21,305.4	19,806.1	25,150.5
EBITDA Margin %	25.91	36.11	37.91	36.52	38.68
Free Cash Flow (CFO − Capex)	5,186.9	11,567.7	9,942.1	-2,792.9	-2,792.9
Free Cash Flow to Equity	—	341.6	10,412.4	8,402.4	—
Free Cash Flow per Basic Share	2.69	6.00	5.16	-1.45	-1.45
Cash Flow to Net Income	0.79	0.68	1.69	1.58	—
Cash Paid for Taxes	78.7	57.4	8.3	-102.3	—
Cash Paid for Interest	3,364.9	3,430.9	3,407.7	4,025.4	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.