Company Valuation: ADAI POWE

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2024 2025 2026 2027 2028 2029
Market Cap 1 713,919 2,058,834 1,964,339 2,900,997 4,075,049 - -
Change - - -4.59% 47.68% 40.47% - -
Enterprise Value (EV) 1 713,919 2,058,834 1,964,339 3,378,436 4,650,109 4,932,350 5,115,529
Change - - -4.59% 71.99% 37.64% 6.07% 3.71%
P/E - 10.3x 15.8x 22.7x 33.1x 26.1x 23.7x
PBR - - 3.49x 4.47x 5.14x 4.37x 3.82x
PEG - - -0.4x 9.41x -8.96x 1x 2.3x
Capitalization / Revenue 2.58x - 3.5x 5.35x 6.5x 5.69x 4.78x
EV / Revenue 2.58x - 3.5x 6.23x 7.42x 6.89x 6x
EV / EBITDA 7.27x - 9.22x 17.1x 19.9x 17.1x 14.7x
EV / EBIT 10.7x - 11.6x 22.2x 24.7x 21.8x 19.3x
EV / FCF 10.5x - 19.8x -119x -90.5x -37.1x -41.3x
FCF Yield 9.52% - 5.06% -0.84% -1.1% -2.69% -2.42%
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 - 10.32 6.464 6.62 6.375 8.091 8.923
Distribution rate - - - - - - -
Net sales 1 277,112 - 562,031 542,405 626,731 716,205 852,209
EBITDA 1 98,142 - 213,054 198,061 233,862 287,891 347,843
EBIT 1 66,966 - 169,966 152,416 188,147 225,851 264,798
Net income 1 49,116 208,288 129,388 128,343 123,203 154,100 167,164
Net Debt 1 - - - 477,440 575,060 857,301 1,040,480
Reference price 2 37.02 106.76 101.86 150.43 211.31 211.31 211.31
Nbr of stocks (in thousands) 19,284,695 19,284,695 19,284,695 19,284,695 19,284,695 - -
Announcement Date 5/5/22 A 5/1/24 A 4/30/25 A 4/29/26 A - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.21x2.88x10.95x2.57% 35.27B
16.47x4.99x9.03x3.35% 18.07B
14.41x5.34x11.25x0.02% 16B
7.97x2.92x7.86x5.12% 12.77B
10.69x1.61x8.29x4.39% 7.96B
54.62x4.23x10.04x4.23% 7.38B
5.65x0.62x3.72x3.97% 5.82B
17.48x - - - 4.95B
Average 17.94x 3.23x 8.74x 3.38% 13.53B
Weighted average by Cap. 16.72x 3.51x 9.60x 2.96%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield