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Adani Green Energy Limited (ADANIGREEN.NS)

INR1,604.50 +58.00 (+3.75%)
IN NSE Utilities Renewable Utilities
Address Adani Corporate House 382421
Ahmedabad, GJ, IN
CEO Ashish Khanna
IPO 2018-06-18
ISIN INE364U01010

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Also trades on Bombay Stock Exchange · ADANIGREEN.BO (INR) National Stock Exchange of India · ADANIGREEN.NS (INR)
Description

Adani Green Energy Limited generates and supplies renewable energy to central and state government entities and government backed corporations in India. The company develops, builds, owns, operates, and maintains power plants through renewable sources, such as solar, wind, and hybrid. It operates solar power plants with an operational capacity of 10,103 megawatts (MW); wind power plants with an operational capacity of 2,000 MW; and hybrid power plants with an operational capacity of 2,140 MW. Adani Green Energy Limited was incorporated in 2015 and is headquartered in Ahmedabad, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,604.50 +58.00 (+3.75%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
1.17
Float Shares
334.51M
Free Float %
20.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.15% +3.82% +13.59% +71.45% +42.83% +46.36% +46.26% +54.58% +22.49% +4,616.51% +4,616.51%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,604.50
Ratings Trend (MoM) 88% Bullish
Rating 2026-06 Change
Strong Buy 1 0
Buy 6 -1
Hold 0 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
1.53
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
2 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Renewable Utilities: +1.3%
    +13.9% Q1'26: +13.1% (vs Q1'25)
  • EPS growth Renewable Utilities: +6.7%
    +15.3% Q1'26: +282.0% (vs Q1'25)
  • FCF margin FCF growth · Renewable Utilities: +50.4%
    +10.5% Q1'26: -226.2% (vs Q1'25)
  • EBIT margin Renewable Utilities: +22.3%
    +62.4% Q1'26: +65.8% (vs Q1'25)
  • ROIC Renewable Utilities: +3.5%
    +6.4% Q1'26: +7.3% (vs Q1'25)
  • Share dilution Renewable Utilities: +0.0%
    +8.1% Q1'26: -6.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Renewable Utilities: 3.24×
    8.87× Q1'26: 7.56× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.17) × ERP
WACC = 71% × Ke + 29% × Kd (6.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1,604.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
8 Rev. Ana.
5 EPS Ana.
Mar 2027
7 Rev. Ana.
6 EPS Ana.
Mar 2028
7 Rev. Ana.
5 EPS Ana.
Mar 2029
2 Rev. Ana.
2 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Revenue
51.43B
est: 55.48B (-7.3%)
77.91B
est: 86.33B (-9.8%)
92.44B
est: 99.16B (-6.8%)
113.51B
est: 115.97B (-2.1%)
133.88B
120.51B – 158.19B
+15.4% YoY
179.10B
157.63B – 196.15B
+33.8% YoY
229.30B
209.11B – 239.96B
+28.0% YoY
291.10B
285.29B – 296.91B
+27.0% YoY
337.69B
303.21B – 360.66B
+16.0% YoY
377.16B
338.64B – 402.81B
+11.7% YoY
EBITDA
34.94B
est: 40.73B (-14.2%)
54.36B
est: 63.37B (-14.2%)
72.75B
est: 95.74B (-24.0%)
89.56B
est: 111.97B (-20.0%)
129.26B
116.35B – 152.73B
+15.4% YoY
172.92B
152.19B – 189.38B
+33.8% YoY
221.38B
201.89B – 231.67B
+28.0% YoY
281.05B
275.44B – 286.66B
+27.0% YoY
326.04B
292.74B – 348.21B
+16.0% YoY
364.14B
326.95B – 388.91B
+11.7% YoY
EBIT
26.76B
est: 31.04B (-13.8%)
42.45B
est: 48.31B (-12.1%)
54.65B
est: 70.99B (-23.0%)
65.46B
est: 83.02B (-21.2%)
95.84B
86.27B – 113.25B
+15.4% YoY
128.21B
112.84B – 140.42B
+33.8% YoY
164.15B
149.69B – 171.78B
+28.0% YoY
208.39B
204.23B – 212.55B
+27.0% YoY
241.75B
217.06B – 258.19B
+16.0% YoY
270.00B
242.43B – 288.36B
+11.7% YoY
Net Income
4.89B
est: 4.75B (+2.9%)
9.74B
est: 9.73B (+0.1%)
11.00B
est: 11.07B (-0.6%)
14.44B
est: 21.88B (-34.0%)
19.69B
16.48B – 22.89B
-10.0% YoY
34.07B
14.66B – 46.88B
+73.1% YoY
51.08B
29.42B – 66.52B
+49.9% YoY
63.30B
39.72B – 86.89B
+23.9% YoY
65.57B
56.86B – 71.36B
+3.6% YoY
109.91B
95.31B – 119.62B
+67.6% YoY
SGA
410.00M
est: 559.36M (-26.7%)
450.00M
est: 870.39M (-48.3%)
940.00M
est: 739.88M (+27.0%)
1.52B
est: 865.33M (+75.7%)
998.94M
899.19M – 1.18B
+15.4% YoY
1.34B
1.18B – 1.46B
+33.8% YoY
1.71B
1.56B – 1.79B
+28.0% YoY
2.17B
2.13B – 2.22B
+27.0% YoY
2.52B
2.26B – 2.69B
+16.0% YoY
2.81B
2.53B – 3.01B
+11.7% YoY
EPS
2.42
est: 3.00 (-19.3%)
5.42
est: 6.14 (-11.7%)
6.21
est: 7.04 (-11.8%)
8.38
est: 13.07 (-35.9%)
11.51
9.63 – 13.37
-12.0% YoY
19.39
8.57 – 27.38
+68.5% YoY
28.43
17.18 – 38.86
+46.6% YoY
36.98
23.20 – 50.75
+30.1% YoY
38.30
33.22 – 41.69
+3.6% YoY
64.20
55.68 – 69.88
+67.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-06-11 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-06-10 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-06-09 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-06-08 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-06-05 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-06-04 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-06-03 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-06-02 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-06-01 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-29 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-27 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-26 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-25 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-22 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-21 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-20 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-19 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-18 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-15 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-14 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-13 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-12 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-11 C- 1/5 1/5 3/5 2/5 1/5 1/5 1/5
2026-05-08 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-07 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-06 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-05 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-04 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-04-30 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-04-29 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-04-28 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-04-27 C 2/5 1/5 3/5 4/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
119.98B
OE per share TTM
69.92
Owner's Yield
4.74%
Maintenance CapEx ratio
1,094.71%
Maint CapEx / Avg PPE
808.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
19.64M
Shares Outstanding
1.65B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Vneet S. Jaain MD & Executive Director 184M male
Ashish Khanna Chief Executive Officer 104M male
Sagar Rajeshbhai Adani Executive Director 90M male
Saurabh Shah Chief Financial Officer 21M male
Pragnesh Darji Company Secretary & Compliance Officer 11M male
Santosh Kumar Singh Chief Sustainability Officer male
Vijil Jain Head of Investor Relations male
Viral Raval Head of Investor Relations male
Krishan Dutt Tiwari Chief Project Officer for Battery Energy & Storage System Business male
Kiran Chief Digital Officer male
Lokesh Kumar Jeengar Head of Business Development & Strategy male
Manish Karna Chief Project Officer of Wind
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits