Adani PowerNSE:ADANIPOWER -1.23%68 Quick Ratio is 1.23 as of Mar. 2026, which is 50% above its 10-year median of 0.82. GuruFocus rates NSE:ADANIPOWER with a GF Score™ of 68/100 and a GF Value™ of ₹133.27 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, Adani Power ranks worse than 50.67% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Adani Power's quick ratio for the quarter that ended in Mar. 2026 was 1.23.
Adani Power has a quick ratio of 1.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for Adani Power's Quick Ratio or its related term are showing as below:
NSE:ADANIPOWER'
s Quick Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.82 Max: 1.4
Current: 1.23
During the past 13 years, Adani Power's highest Quick Ratio was 1.40. The lowest was 0.46. And the median was 0.82.
NSE:ADANIPOWER's Quick Ratio is ranked worse than 50.67% of 446
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24
vs NSE:ADANIPOWER: 1.23
Adani Power (NSE:ADANIPOWER) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Adani Power Quick Ratio Related Terms
Adani Power Quick Ratio Historical Data
* Premium members only.
The historical data trend for Adani Power's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:ADANIPOWER vs CEG, VST, NRG: Quick Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Adani Power's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Adani Power Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Adani Power's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Adani Power's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Adani Power's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Adani Power (NSE:ADANIPOWER) has a Quick Ratio of 1.23 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Adani Power and its competitors. This is 50% above median its historical median of 0.82. Over the past decade, Adani Power's Quick Ratio has ranged from 0.46 to 1.40. According to the industry distribution chart, Adani Power ranks #226 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 50.7%.
Is Adani Power's Quick Ratio too high?
Adani Power's current Quick Ratio of 1.23 is 50% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.40. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. Adani Power's value of 1.23 is 0.8% below this industry median. Based on the distribution chart, Adani Power ranks #226 out of 446 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Adani Power has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adani Power's Quick Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Adani Power ranks #226 out of 446 companies for Quick Ratio. This places Adani Power in the lower half of its industry. The industry median Quick Ratio is 1.24. Adani Power's value of 1.23 is 0.8% below this benchmark. Historically, Adani Power's own Quick Ratio has ranged from 0.46 to 1.40 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.24, Adani Power has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adani Power's current Quick Ratio of 1.23 is 0.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Adani Power and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Power's current Quick Ratio is 1.23, which is 50% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Power stock overvalued right now?
Based on GuruFocus' analysis, Adani Power (NSE:ADANIPOWER) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹133.27, compared to a current price of ₹221.79 — trading 66.4% above its estimated fair value. The current Quick Ratio is 1.23, which is 50% above median its 10-year median of 0.82 and 0.8% below the Utilities - Independent Power Producers industry median of 1.24. Adani Power's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Adani Power (NSE:ADANIPOWER), the current Quick Ratio is 1.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Adani Power (NSE:ADANIPOWER) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Power stock appears to be overvalued.
The current stock price of ₹221.79 is trading 66.4% above its estimated GF Value™ of ₹133.27.
GuruFocus considers Adani Power to be Significantly Overvalued.
Key valuation signals for NSE:ADANIPOWER:
Quick Ratio: 1.23 (50% above median its 10-year median of 0.82)
GF Value™: ₹133.27 vs. price of ₹221.79 (66.4% above fair value)
Industry Position: 0.8% below the Utilities - Independent Power Producers median (#226 of 446)
No single metric tells the full story. See the NSE:ADANIPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Power Ltd sells power under long term / medium term / short term Power Purchase Agreement (PPAs), Supplemental Power Purchase Agreement (SPPAs), on merchant basis and also engaged in trading, investment and other business activities incidental and ancillary to power generation and sales. Its business activities revolve around development and operations of power generation plants including related activities and trading, investment and other activities as two segments. The company generates majority of revenue from Power Generation and related activities. It has presence Within India, and Outside India (Bangladesh). The company generates majority of revenue from India.
68GF Score
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