Adani Green Energy Ltd’s fundamental analysis highlights key financial metrics including market capitalisation of ₹280,175.74 crore, PE ratio of 254.71, debt-to-equity ratio of 371.72, and return on equity of 8.87%. These figures reflect the company’s financial health and current market valuation.
Content:
- Adani Green Energy Ltd Overview
- Adani Green Energy Financial Results
- Adani Green Energy Financial Analysis
- Adani Green Energy Company Metrics
- Adani Green Energy Stock Performance
- Adani Green Energy Peer Comparison
- Adani Green Energy Shareholding Pattern
- Adani Green Energy History
- How To Invest In Adani Green Energy Ltd Share?
- Adani Green Energy Limited Fundamental Analysis – FAQs
Adani Green Energy Ltd Overview
Adani Green Energy Ltd is a leading renewable energy company in India. It specializes in developing, building, owning, operating, and maintaining utility-scale grid-connected solar power, wind power, and hybrid projects across multiple states in India.
The company has a market capitalisation of ₹280,175.74 crore and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, the stock is trading 22.92% below its 52-week high and 116.88% above its 52-week low.
Adani Green Energy Financial Results
Adani Green Energy Ltd showed strong financial growth from FY 22 to FY 24, with sales increasing from ₹5,133 crore to ₹9,220 crore and operating profit rising significantly. The company maintained robust profitability, reflected in increasing EPS and net profit.
1. Revenue Trend: Sales increased from ₹5,133 crore in FY 22 to ₹7,792 crore in FY 23, and further to ₹9,220 crore in FY 24, indicating steady revenue growth.
2. Equity and Liabilities: Detailed information on equity and liabilities isn’t provided, but the significant increase in interest expenses from ₹2,617 crore in FY 22 to ₹5,006 crore in FY 24 suggests an increase in debt.
3. Profitability: Operating Profit Margin (OPM) improved from 68% in FY 22 to 63% in FY 23, and further to 79% in FY 24, indicating enhanced operational efficiency.
4. Earnings per Share (EPS): EPS rose from ₹2.41 in FY 22 to ₹5.41 in FY 23, and further to ₹6.21 in FY 24, reflecting improved profitability per share.
5. Return on Net Worth (RoNW): While RoNW isn’t directly mentioned, the rising net profit from ₹489 crore in FY 22 to ₹1,260 crore in FY 24 suggests a positive impact on RoNW, indicating better returns on shareholders’ equity.
6. Financial Position: The financial position strengthened with increasing EBITDA, from ₹3,954 crore in FY 22 to ₹8,537 crore in FY 24, despite rising interest and depreciation expenses, showcasing robust financial health and management.
Adani Green Energy Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales Insight-icon | 9220 | 7792 | 5133 |
| Expenses | 1923 | 2861 | 1623 |
| Operating Profit | 7297 | 4931 | 3510 |
| OPM % | 79 | 63 | 68 |
| Other Income | 994 | 647 | 508 |
| EBITDA | 8537 | 5772 | 3954 |
| Interest | 5006 | 2911 | 2617 |
| Depreciation | 1903 | 1300 | 849 |
| Profit Before Tax | 1382 | 1367 | 552 |
| Tax % | 29.74 | 33.14 | 11.59 |
| Net Profit | 1260 | 973 | 489 |
| EPS | 6.21 | 5.41 | 2.41 |
* Consolidated Figures in Rs. Crores
Adani Green Energy Company Metrics
Adani Green Energy Ltd has a market capitalization of ₹280,175.74 crore and a book value per share of ₹47.3. The face value is ₹10. The asset turnover ratio is 14%. Total debt stands at ₹64,858 crore. The ROE is 8.87%, and quarterly EBITDA is ₹2,661 crore.
Market Capitalization: Market Capitalization represents the total market value of Adani Green Energy’s outstanding shares, amounting to ₹280,175.74 crore.
Book Value: The book value per share of Adani Green Energy Ltd is ₹47.3 indicating the value of the company’s net assets divided by its shares outstanding.
Face Value: The face value of Adani Green Energy’s shares is ₹10, which is the nominal value of each share as stated on the share certificate.
Asset Turnover Ratio: The Asset Turnover Ratio of 14% measures how efficiently Adani Green Energy uses its assets to generate sales revenue or sales income.
Total Debt: The Total Debt of Adani Green Energy stands at ₹64,858 crore, representing the total amount of money the company owes to creditors.
Return on Equity (ROE): The ROE of 8.87% measures Adani Green Energy’s profitability by revealing how much profit the company generates with the money shareholders have invested.
EBITDA (Q): The quarterly EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of Adani Green Energy is ₹2,661 crore, indicating the company’s operating performance.
Adani Green Energy Stock Performance
Adani Green Energy Ltd demonstrated impressive returns with 81.1% in one year, 24.3% over three years, and 106% over five years, showcasing strong growth potential. This highlights the company’s consistent performance and substantial gains for investors over different periods.
| Period | Return on Investment (%) |
| 1 Year | 81.1 |
| 3 Years | 24.3 |
| 5 Years | 106 |
Example: If an investor had invested ₹10,000 in Adani Green Energy Ltd stock:
1 year ago, their investment would be worth ₹18,110.
3 years ago, their investment would have grown to ₹12,430.
5 years ago, their investment would have nearly doubled to approximately ₹20,600.
Adani Green Energy Peer Comparison
Adani Green Energy Ltd, with a current market price of ₹1,749.6 and a P/E ratio of 205.82, delivered an 81.14% one-year return. Compared to peers like NTPC and Adani Power, which had returns of 90.41% and 152.25% respectively, Adani Green shows strong market performance.
| Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | 1Yr return % | Vol 1d | 1mth return % | From 52w high | Down % | 6mth return % |
| NTPC | 415 | 18.8 | 402460.3 | 90.41 | 18969205 | 9.27 | 0.97 | 2.66 | 25.42 |
| Power Grid Corpn | 340.75 | 20.19 | 316918.1 | 83.24 | 12631351 | 0.4 | 0.94 | 6 | 23.37 |
| Adani Green | 1749.6 | 205.82 | 277165.8 | 81.14 | 1185298 | -0.27 | 0.8 | 19.53 | -4.29 |
| Adani Power | 689.4 | 16.64 | 265916.6 | 152.25 | 15102218 | -2.75 | 0.77 | 23.12 | 22.3 |
| Tata Power Co. | 436.7 | 40.46 | 139572.6 | 87.59 | 20137895 | -0.74 | 0.93 | 7.28 | 7.19 |
| Adani Energy Sol | 1124.85 | 115.65 | 125476.2 | 35.08 | 12622196 | 11.08 | 0.83 | 16.55 | 7.14 |
| JSW Energy | 683.4 | 61.31 | 119468.7 | 134.16 | 2758718 | -7.22 | 0.91 | 9.17 | 34.83 |
| Median: 26 Co. | 195.12 | 37.1 | 12408.81 | 93.56 | 3855298 | 0.07 | 0.81 | 18.8 | 7.17 |
Adani Green Energy Shareholding Pattern
Adani Green Energy Ltd’s shareholding pattern reveals that promoters hold 29.90% with 47,43,35,779 shares. FIIs own 2.70% with 4,26,04,601 shares, while the public holds 16.20% with 25,65,59,285 shares. DIIs account for 1.40% with 2,14,70,716 shares.
| Category | Shares | Shares % |
| Promoter | 47,43,35,779 | 29.90% |
| Fii | 4,26,04,601 | 2.70% |
| Public | 25,65,59,285 | 16.20% |
| Dii | 2,14,70,716 | 1.40% |
Adani Green Energy History
Adani Green Energy Limited (AGEL) is a prominent Indian holding company focused on renewable power generation and related activities. The company’s core business involves developing, constructing, owning, operating, and maintaining utility-scale grid-connected solar power, wind power, and hybrid projects across India. AGEL’s diverse portfolio of power projects spans multiple states.
With operations in approximately 91 locations across various Indian states, AGEL has established a significant presence in the renewable energy sector. The company’s solar and wind power plants are strategically located in states such as Gujarat, Punjab, Rajasthan, Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh.
AGEL, along with its subsidiaries, generates revenue by selling power through a combination of long-term power purchase agreements (PPAs) and merchant basis sales. This business model allows the company to secure stable income streams while also capitalizing on market opportunities, positioning AGEL as a key player in India’s growing renewable energy market.
How To Invest In Adani Green Energy Ltd Share?
To invest in Adani Green Energy Ltd shares, begin by opening a demat account with Alice Blue. Complete the necessary KYC process and fund your account with the desired investment amount.
Research the company’s fundamentals, financial performance, and market trends before making an investment decision. Use the trading platform provided by the broker to place a buy order for Adani Green Energy shares at your preferred price.
Monitor your investment regularly and stay informed about company news and market developments. Consider setting up a systematic investment plan (SIP) for long-term investing in the stock if it aligns with your financial goals.
Adani Green Energy Limited Fundamental Analysis – FAQs
Fundamental analysis of Adani Green Energy examines key financial metrics: Market Cap (₹280,175.74 crore), PE Ratio (254.71), Debt to Equity (371.72) and Return on Equity (8.87%). These indicators provide insights into the company’s financial health, market valuation, and overall performance in the renewable energy sector.
The market capitalization of Adani Green Energy Ltd is ₹280,175.74 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares outstanding.
Adani Green Energy Limited is an India-based holding company specializing in renewable power generation. It develops, builds, owns, operates, and maintains utility-scale grid-connected solar power, wind power, and hybrid projects across various states in India, contributing significantly to the country’s renewable energy sector.
Adani Green Energy is part of the Adani Group, founded by Gautam Adani. While Gautam Adani is the primary promoter and chairman, the company is a public limited entity. The Adani family holds a significant stake, but as a listed company, it has multiple shareholders.
The main shareholders of Adani Green Energy typically include the Adani family (promoter group), institutional investors, and public shareholders. The exact shareholding percentages can vary over time. For the most current and accurate information, refer to the latest shareholding pattern disclosed by the company.
Adani Green Energy operates in the renewable energy industry. It specializes in the development, construction, operation, and maintenance of utility-scale grid-connected solar power, wind power, and hybrid projects. The company plays a significant role in India’s transition towards clean and sustainable energy sources.
To invest in Adani Green Energy shares, open a demat account with Alice Blue. Complete the KYC process and fund your account. Research the company thoroughly, then use the trading platform to place a buy order for the desired number of shares at your preferred price.
Determining if Adani Green Energy is overvalued or undervalued requires a comprehensive analysis of its financials, growth prospects, industry trends, and market conditions. Investors should consider metrics like the P/E ratio and PEG ratio, and compare them with industry peers and historical values for a balanced assessment.
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