In ₹ Crore except Per Share Latest Annual	ADANIPOWER FY26	TATAPOWER FY26	JSWENERGY FY26	NTPC FY26	Peer Average
Valuation — at last close
P/E	28.88×	29.40×	39.78×	◆ 11.13×	26.77× +8%
P/B	5.68×	2.79×	2.91×	◆ 1.48×	2.39× +137%
EV/EBITDA	20.97×	13.31×	15.82×	◆ 10.28×	13.14× +60%
Market Cap	₹3.69L Cr	₹1.10L Cr	₹89,565 Cr	₹3.01L Cr	₹1.67L Cr +121%
Growth
Revenue CAGR 3Y	11.84%	4.24%	◆ 22.30%	2.07%	9.54% +24%
Revenue CAGR 5Y	15.65%	13.97%	◆ 22.25%	10.93%	15.72% 0%
Net Income CAGR 3Y	6.54%	10.34%	◆ 23.12%	17.18%	16.88% -61%
Revenue YoY (latest Q)	◆ 44.45%	5.63%	23.00%	7.81%	12.15% +266%
Net Income YoY (latest Q)	◆ 141.51%	10.98%	38.43%	12.90%	20.77% +581%
Profitability
EBITDA Margin	36.52%	20.98%	◆ 53.25%	29.50%	34.58% +6%
Net Income Margin	◆ 23.91%	8.20%	14.62%	14.70%	12.51% +91%
Return on Common Equity	◆ 21.16%	9.95%	7.71%	13.97%	10.54% +101%
Return on Capital Employed	◆ 13.96%	6.70%	7.55%	8.22%	7.49% +86%
Return on Assets	◆ 10.17%	3.08%	2.58%	5.09%	3.58% +184%
Credit & Quality
Total Debt/Equity	◆ 0.81×	1.50×	2.26×	1.27×	1.68× -52%
Interest Coverage	◆ 4.53×	1.58×	1.18×	2.58×	1.78× +154%
Scale — latest FY
Revenue / Total Income	₹54,241 Cr	₹62,429 Cr	₹18,901 Cr	₹1.87L Cr	₹89,571 Cr -39%
Net Income	₹12,971 Cr	₹5,118 Cr	₹2,762 Cr	₹27,546 Cr	₹11,809 Cr +10%
Total Assets	₹1.42L Cr	₹1.75L Cr	₹1.24L Cr	₹5.59L Cr	₹2.86L Cr -50%
EPS	₹6.62	₹11.72	₹12.82	₹27.9	₹17.48 -62%
Book Value per Share	₹33.67	₹123.5	₹175.1	₹209.53	₹169.38 -80%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »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%.