Adani Power schedules its Q2 call. Elara targets Adani Power stock at INR 220

Published on 10/20/2026 at 00:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A 24 GW expansion pipeline supports a 42 GW capacity goal. Q2 results due October 23 set the next test for Adani Power stock.

Results calendar and expansion

Adani Power's October 26, 2026 earnings call will cover second-quarter FY27 results and outlook.
Elara Capital assigned an INR 220.00 target on October 12, 2026 against an 18.3 GW operating base.
The expansion plan covers 24 GW and points to 42 GW of capacity by fiscal year 2032.

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Adani Power has scheduled an earnings call for October 26, 2026, giving investors a date for management's discussion of second-quarter fiscal 2027 results and the business outlook. TipRanks reported the schedule on October 19, 2026.

October 26 call sets the next test

The call follows a board meeting scheduled for October 23, 2026, to consider unaudited results for the quarter and half-year ended September 30, 2026. Sharpely lists both the results meeting and the October 26 investor call in its corporate-announcement record. The sequence puts earnings quality, execution and funding at the center of the next investor discussion.

What does 24 GW mean for growth

Adani Power operates 18.3 GW across 13 assets and has a 24 GW locked-in expansion pipeline that could take capacity to 42 GW by fiscal year 2032, according to Business Today on October 12, 2026. The same report said 55 percent of the locked-in expansion, or 13.3 GW, was backed by long-term power purchase agreements. That contracted portion is the key operating detail because it can reduce dependence on merchant power prices as new capacity comes online.

Analyst target meets execution risk

Elara Capital initiated coverage with an Accumulate rating and an INR 220.00 target on October 12, 2026, while Motilal Oswal and PL Capital cited INR 250.00 and INR 259.00 targets, respectively, in the same Business Today report. The report also highlighted execution and valuation considerations after a 27 percent year-on-year rise. For the upcoming results, the balance between contracted growth and merchant-volume exposure is more important than the expansion headline alone.

Dates and NSE valuation

The next two dated events are the October 23, 2026 board meeting for results and the October 26, 2026 earnings call. The last NSE quote was INR 194.08 on October 19, 2026 at 3:29 p.m. IST, with a market capitalization of INR 3.7 trillion; the 52-week range was INR 128.10 to INR 254.20.