Adani Power vs Vedanta Power: share price, P/E, ROE and financials compared
Adani Power
Vedanta Power
Adani Power and Vedanta Power at a glance
Adani Power and Vedanta Power are both listed in Power. Adani Power is the larger by market cap, at ₹3.9L Cr against ₹13,793 Cr for Vedanta Power (28.6 times as large). On valuation, Vedanta Power has the lower price-to-book (1.06× against 5.13×). On returns and margins, Adani Power has the higher operating margin (38.7% against 13.9%). Over three years, Vedanta Power has faster 3-year sales growth (+15.7% against +12.5% a year). Vedanta Power carries less debt for its equity, with a debt-to-equity of 0.65× against 0.80×.
Key metrics, side by side
| Metric | Adani PowerADANIPOWER | Vedanta PowerVEDPOWER |
|---|---|---|
| Price (₹) | 204.29 | 35.33 |
| Market cap (₹ Cr) | 3,93,967 | 13,793 |
| P/E | 21.6× | – |
| P/B | 5.13× | 1.06× (the lower figure, shaded) |
| Dividend yield, trailing | 0.00% | 0.00% |
| ROE | 27.0% | 0.9% |
| ROCE | 15.1% | −7.7% |
| Operating margin (OPM) | 38.7% (the higher figure, shaded) | 13.9% |
| Net margin (NPM) | 28.0% | 0.6% |
| Sales CAGR 3Y | +12.5% | +15.7% (the higher figure, shaded) |
| Profit CAGR 3Y | +6.2% | – |
| Debt to equity | 0.80× | 0.65× (the lower figure, shaded) |
| Interest cover | 6.2× (the higher figure, shaded) | −2.2× |
| Net profit TTM (₹ Cr) | 18,222 | – |
| 1Y return | +28.8% (the higher figure, shaded) | −11.0% |
| Promoter holding | – | 56.38% |
Adani Power vs Vedanta Power: common questions
Which is bigger, Adani Power or Vedanta Power?
By market cap, Adani Power is bigger at ₹3.9L Cr, against ₹13,793 Cr for Vedanta Power (prices as of 6 Nov 2026).
Which has a higher ROE, Adani Power or Vedanta Power?
Adani Power reports a return on equity of 27.0% and Vedanta Power 0.9%. Vedanta Power’s ROE isn’t ranked because it is loss-making. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Adani Power or Vedanta Power?
Over the last three years: Sales grew +12.5% a year at Adani Power and +15.7% at Vedanta Power, so Vedanta Power grew sales faster. Past growth doesn’t predict future growth.