Adani Green Energy Limited

Adani Green Energy Limited

1,200.40
INR
-49.60
(-3.97%)
2.46TMarket Cap
Jan 20Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.17
3.2
9.46
13.16
16.3
19.97
32.82
49.15
58.21
69.74
75.36
77.39
Basic EPS, GAAP
-0.16
-0.3
-0.88
-3.03
-0.15
1.34
3.13
6.16
6.94
9.12
10.1
- -
Free Cash Flow per Basic Share
-26.79
-5.68
-24.17
-7.96
-9.16
-29.04
19.99
45.93
48.69
-99.87
-97.59
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.15
- -
Book Value per Share
0.98
8.74
9.74
12.36
15.06
14.07
16.71
46.11
67.18
76.62
121.21
- -
Tangible Book Value per Share
0.98
8.73
9.74
12.33
15.03
13.55
16.18
45.61
66.6
76.04
120.58
- -
Basic Weighted Avg Shares
1,564
1,564
1,564
1,564
1,564
1,564
1,564
1,582
1,584
1,584
1,636
1,668
Sales/Revenue/Turnover
273
5,001
14,803
20,580
25,490
31,240
51,330
77,750
92,200
110,470
123,260
129,080
Operating Margin (%)
27.8
14.26
20.35
31.54
54.77
56.43
52.02
54.59
59.05
58
60.67
- -
Depreciation Expense
58
3,333
5,430
10,620
3,940
4,860
8,490
13,000
19,030
24,980
33,720
- -
Net Income, GAAP
-246
-467
-1,375
-4,739
-230
2,100
4,890
9,740
11,000
14,440
16,520
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
5.7
11.57
31.77
24.6
9.66
0.7
- -
Profit Margin (%)
-90.04
-9.33
-9.29
-23.03
-0.9
6.72
9.53
12.53
11.93
13.07
13.4
- -
Working Capital
-8,122
-858
-22,483
-6,254
-4,540
-22,490
-60,070
-6,360
-129,510
-83,060
-87,710
- -
LT Debt
38,517
36,630
83,731
99,481
129,650
200,500
433,030
499,080
421,720
691,870
907,550
- -
Total Equity
1,361
12,029
13,414
19,322
23,100
21,310
26,190
73,550
174,480
225,730
298,790
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
7.22
5.9
4.66
5.42
5.95
6.12
- -
Return on Capital (%)
- -
- -
- -
- -
- -
7.73
5.91
4.74
5.7
5.7
6.12
- -
Return on Common Equity (%)
- -
-6.97
-10.81
-28.94
-1.07
9.22
20.32
19.64
12.26
12.68
10.29
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
106,850
- -
LT Borrowings
- -
878,970
- -
LT Finance Leases
- -
28,580
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,647
1,647
1,647
Market Capitalization
1,672,049
1,329,106
2,457,916

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
114,610
- -
Cash, Cash Equivalents & STI
- -
40,730
- -
Accounts Receivable, Net
- -
13,710
- -
Inventories
- -
1,360
- -
Total Current Liabilities
- -
202,320
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
106,850
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
125.41%
80.54%
32.37%
Free Cash Flow
7.7%
-66.91%
0.9%
Net Income, GAAP
-28.83%
58.13%
14.4%
Sales/Revenue/Turnover
218.05%
33.15%
11.58%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
27,520
29,830
22,610
30,510
110,470
2026
37,410
28,240
24,330
33,280
123,260
2027
43,230
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.63
1.56
2.92
1.26
9.12
2026
4.26
- -
-0.25
2.33
10.1
2027
5.05
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
1.15
2027
- -
- -
- -
- -
- -

Company Description

CEO
Ashish Khanna
Full Time Employees
976
Sector
Utilities
Industry
Alternative power generation
Address
Adani Corporate House Ahmedabad GJ India 382 421
IPO Date
Jun 18, 2018
Business
Adani Green Energy Limited Adani Green Energy Ltd is India's largest renewable energy company and a leading developer, owner, operator, and maintainer of utility-scale grid-connected solar, wind, and hybrid power projects. The company generates electricity from these renewable sources, including solar power plants with advanced technologies such as waterless robotic module cleaning systems, wind farms optimized for resource potential and micro-siting, and hybrid projects combining solar and wind for round-the-clock generation and reduced transmission costs; it supplies power through long-term 25-year Power Purchase Agreements (PPAs) primarily to central and state government entities and government-backed corporations like the Solar Energy Corporation of India (SECI). Incorporated on January 23, 2015, and headquartered in Ahmedabad, Gujarat, Adani Green Energy Limited operates across 12 Indian states, with a total operational renewable portfolio exceeding 14,000 MW, including over 10,000 MW solar, nearly 1,900 MW wind, and more than 2,200 MW hybrid capacity, as part of the Adani Group's broader infrastructure portfolio. Recent developments include the formation of a 50:50 joint venture with TotalEnergies in September 2024 to manage a 1,150 MW solar portfolio at the world's largest renewable energy plant in Khavda, Gujarat, where TotalEnergies invested USD 444 million to accelerate development; the operationalization of initial 250 MW wind capacity at Khavda, bringing the site's total to 2,250 MW; achievement of over 15,000 MW installed renewable capacity as India's largest; entry into the battery energy storage sector with one of the world's largest single-location projects announced in November 2025; establishment of two new subsidiaries, Adani Hydro Energy Thirteen and Adani Hydro Energy Sixteen, to support expansion; and an agreement for TotalEnergies to acquire a 20% minority stake from the Adani Promoter Group, deepening their strategic alliance in sustainable energy.