1. India Stocks

  2. •

    Utilities

  3. •

    Renewable Utilities
Azure Power Global Limited

Azure Power Global Limited

AZREF
Azure Power Global LimitedUS flagOther OTC
1.00
USD
- -
- -
64.17MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
52.21
66.59
155.56
320.77
296.49
300.21
301.01
317.55
360.5
323.35
- -
380.31
Basic EPS, GAAP
-44.34
-64.15
-97.75
-89.92
-31.61
2.36
-52.71
-87.66
-41.36
-35.61
- -
-43.63
Free Cash Flow per Basic Share
-23.76
-510.42
-495.79
-1,185.51
-686.34
-723.99
-341.15
-290.58
-713.36
31.23
- -
-752.13
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-103.38
-167.53
-267.03
-438.81
-253.81
-190.81
-199.27
-266.45
-300.91
-274.19
- -
-317.44
Tangible Book Value per Share
-154.88
-268.79
-446.84
1,104.04
505.21
756.17
630.97
509.03
777.73
553.78
- -
820.45
Basic Weighted Avg Shares
17
17
17
13
26
33
43
48
51
64
- -
48
Sales/Revenue/Turnover
881
1,124
2,626
4,183
7,701
9,926
12,958
15,236
18,341
20,748
21,307
18,341
Operating Margin (%)
38.71
26.33
40.93
46.94
51.14
56.56
50.39
51.1
60.03
48.79
39.39
60.03
Depreciation Expense
252
322
688
1,047
1,882
2,137
2,860
3,202
3,667
4,024
4,621
3,667
Net Income, GAAP
-748
-1,083
-1,650
-1,173
-821
78
-2,269
-4,206
-2,104
-2,285
-3,345
-2,104
Effective Tax Rate (%)
- -
- -
- -
- -
- -
52.58
- -
- -
- -
780.94
- -
513.88
Profit Margin (%)
-84.93
-96.34
-62.84
-28.03
-10.66
0.79
-17.51
-27.61
-11.47
-11.01
-15.7
-11.47
Working Capital
-96
-358
-3,116
5,402
10,327
394
11,519
2,303
4,065
1,652
-28,003
4,065
LT Debt
7,111
15,479
18,353
31,143
52,235
61,658
90,178
93,281
116,076
117,599
80,500
116,076
Total Equity
-224
247
2,295
14,527
13,275
25,396
27,217
24,452
39,576
35,535
32,786
39,576
Return on Invested Capital (%)
- -
- -
- -
- -
- -
3.24
- -
- -
- -
-40.14
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
4.57
- -
- -
- -
-57.52
- -
28.46
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Sep'22
Dec'22
Mar'22
ST Debt
28,654
27,861
16,545
LT Borrowings
86,929
92,123
112,542
LT Finance Leases
3,212
3,421
3,534
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
64
Market Capitalization
78,697
65,227
60,934

Working Capital

FRC

•

in mil. unless spec.
Sep'22
Dec'22
Mar'22
Total Current Assets
30,973
24,430
30,679
Cash, Cash Equivalents & STI
9,513
8,575
18,802
Accounts Receivable, Net
5,680
5,482
6,041
Inventories
- -
- -
- -
Total Current Liabilities
39,442
40,029
26,614
Payables & Accruals
6,479
8,271
6,412
ST Debt
28,654
27,861
16,545
Deferred Revenue
110
109
230

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
127.39%
8.18%
-7.74%
Free Cash Flow
223.76%
11.66%
47.21%
Net Income, GAAP
-299%
-583.72%
46.39%
Sales/Revenue/Turnover
41.77%
16.86%
2.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
4,440
4,386
4,480
5,035
18,341
2023
- -
- -
- -
- -
20,748
2024
- -
- -
- -
- -
21,307

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
14.34
- -
-12.29
- -
-41.36
2023
- -
- -
- -
- -
-35.61
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Sunil Kumar Gupta
Full Time Employees
427
Sector
Utilities
Industry
Renewable Utilities
Address
Southern Park Gurugram HA India 110017
IPO Date
Oct 12, 2016
CIK
0001633438
Website
azurepower.com
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Business
Azure Power Global Limited operates as a leading independent sustainable energy solutions provider and renewable power producer in India. The company develops, builds, owns, operates, and maintains grid-scale solar, wind, and hybrid renewable energy projects; rooftop solar installations; and off-grid solar solutions for villages, hamlets, and remote areas, supplying clean power to government utilities at state and central levels, as well as independent industrial and commercial customers under long-term fixed-price power purchase agreements. It offers engineering, procurement, construction, and operations and maintenance services for these assets, with a portfolio exceeding 4.3 GW, including over 3 GW of operational capacity, 86.5 MW of rooftop capacity, and approximately 1.2 GW of contracted and awarded capacity across multiple states such as Rajasthan, Punjab, Gujarat, Maharashtra, Uttar Pradesh, Andhra Pradesh, and Karnataka. Founded in 2008 and headquartered in Gurugram, India, Azure Power pioneered the country's first utility-scale solar project in 2009 and maintains a pan-India presence backed by major investors including OMERS Infrastructure and La Caisse (formerly CDPQ). In recent developments, the company completed a INR 24 billion refinancing transaction with REC Limited in 2024, enabling prepayment of USD 310 million in maturing green bonds backed by 615 MW of utility projects; secured a USD 155 million refinancing from HSBC for its 300 MW Jodhpur solar project; refinanced over USD 500 million in debt during fiscal 2024; appointed Julian Gratiaen as non-executive nominee director and Richard Payette as Lead Independent Director in July 2024; and appointed Brijesh Mehra as Non-Executive Chairman in 2024, reflecting strengthened governance and financial positioning amid India's renewable energy expansion.

Company News

APIChatGPT

  • prnewswire.com

    Levi & Korsinsky, LLP Announces Pendency and Proposed Class Action Settlement on Behalf of Purchasers of Azure Power Global Limited Securities

  • newsfilecorp.com

    SEC Charges Three Senior Executives in Two Actions Alleging Massive Bribery Scheme Involving Indian Energy Companies Adani Green and Azure Power