6 companies · ₹5.4 L cr · 4 with AI deep dives · Q2FY27 report
Transmission, not demand, now limits RE growth: curtailment and GNA slippage push FY27 commissioning back
P/E below the sub-industry median of 24.88x, 5y ROCE above its median of 10.46%, and at least 2 growth triggers stated on the latest earnings call.
Which names clear this screen is premium
The screen runs on stated growth triggers from the latest earnings calls - the same guidance data the stock screener reserves for premium. Premium names every company in this industry that is cheap against its own median and has the triggers behind it.
Diwali open house: sign in free and Premium is open to you until 8 Nov.See plans →Every company here with a deep dive, topped up by market cap. The rest of the industry is in the appendix.
Ten managements tied missed or deferred commissioning, or lost generation, to grid readiness. NTPC added 0.6 GW of RE in Q1 against a 7-8 GW FY27 target. ADANIGREEN's Khavda Phase…
The outlook and what resolves next quarter
Where these managements said things are heading, and the dated, checkable events that would change it. Free with an account - 3 full reports a quarter.
Create a free account →Sept 26: 1 of 6 reported so far, so it is not in the trend above.
Breadth: 100% of 5 companies grew revenue year on year (was 33% a quarter earlier) and 40% expanded margin (was 33%).
The median name trades at 24.9x, +4.5% against this industry's own 5-year median of 23.8x, and -43.2% against its own peak of 43.8x.
Adani Power Ltd is 65.1% of this industry by market cap. The top 5 are 99.9% and the top 10 are 100%.
| 28.0x |
| 12.2x |
| 9.3% |
| 21.0% |
| +5.6% |
| Unlock |
| Torrent Power Ltd | ₹58,297 cr | 25.1x | 12.3x | 14.0% | 19.1% | +2.8% | Unlock |
| CESC Ltd | ₹16,444 cr | 10.6x | 8.0x | 9.9% | 18.6% | +5.4% | Unlock |
| Reliance Infrastructure Ltd | ₹1,981 cr | 0.6x | 2.8x | -0.1% | 4.9% | +7.4% | Unlock |
| India Power Corporation Ltd | ₹603 cr | 47.6x | 36.8x | -1.5% | 0.5% | +10.6% | Unlock |