Adani Ports vs Adani Power vs Adani Green Energy: Three of the top Adani Group firms, ie Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, and Adani Power Limited reported their second quarter result announcement this week.
Out of these three stocks, which Adani Group firm delivered beyond estimates and has promising growth guidance for the rest of financial year 2026-27? Let’s find out.
Adani Power and Adani Green Energy outperformed market expectations in the second quarter of FY27, while Adani Ports Q2FY27 results were largely in-line with estimates, highlighted Prathamesh Kadiwal , Research Analyst at Bonanza.
“Adani Ports has offered the most promising guidance for the rest of FY27, as it raised its EBITDA target to Rs. 26,000 to 27,000 Cr and also lifted its revenue and capex plans. Rising cargo volumes and a healthy net debt to EBITDA ratio of 1.8x give these targets solid support,” explained Prathamesh Kadiwal.
“Adani Power has strong long term visibility, with 62% of its 23.7 GW thermal pipeline tied up under power purchase agreements, but a 40% YoY rise in fuel costs may squeeze margins in Q3FY27. Adani Green’s capacity grew 24% YoY to 20.8 GW and it may beat its 10 GWh battery target, yet transmission delays at Khavda could slow growth,” Kadiwal added.