ADANI POWER LTD Fair Value
ADANIPOWER · Power · Current price ₹203.3
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹37 | 21% ROE fading to 14% over ~3 yrs, on ₹34 book |
| Relative P/E | ₹214 | EPS × 32.1 peer-median P/E |
| Graham floor | ₹71 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹254 | Street consensus 12-month target price |
Is ADANI POWER LTD undervalued?
DocStoX estimates the fair value of ADANI POWER LTD at ₹118 per share, versus the current market price of ₹203. That puts the stock about -42.2% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹37), Relative P/E (₹214), Graham floor (₹71), Analyst target (₹254). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹37 (bear) to ₹118 (base) to ₹254 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on ADANI POWER LTD
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

