Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
Azure Power Global Limited (AZREF)
Gurugram, IN
Azure Power Global Limited, an autonomous Indian entity, specializes in providing sustainable energy solutions and operating as a power producer. The company undertakes the development, construction, and management of utility-scale solar, wind, and hybrid renewable energy installations. It delivers the generated clean electricity to both public sector utilities and private industrial and commercial clients, typically under long-term, fixed-price agreements. Its comprehensive renewable energy portfolio stands at approximately 7.4 gigawatts (GW); of this, roughly 2.9 GW is already operational, with a substantial 4.5 GW either currently under construction or in the pipeline for future development. Established in 2008, Azure Power maintains its headquarters in New Delhi, India.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | +0.00% | +0.00% | -28.06% | -28.57% | +0.00% | +100.00% | -59.84% | -95.19% | -93.15% | -93.15% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | -1 |
| Strong Sell | 0 | 0 |
-
Revenue growth Renewable Utilities: +1.3%-3.7% Q1'24: -2.7% (vs Q1'23)
-
EPS growth Renewable Utilities: +6.7%+6.4% Q1'24: -3,198.2% (vs Q1'23)
-
FCF margin FCF growth · Renewable Utilities: +50.4%+27.2% Q1'24: -1.0% (vs Q1'23)
-
EBIT margin Renewable Utilities: +22.3%+36.3% ★ Q1'24: +31.2% (vs Q1'23)
-
ROIC Renewable Utilities: +3.5%+5.1% ★ Q1'24: +3.5% (vs Q1'23)
-
Share dilution Renewable Utilities: +0.0%+0.0% Q1'24: 0.0% (vs Q1'23)
-
Debt / EBITDA Net debt/EBITDA · Renewable Utilities: 3.24×10.20× Q1'24: 11.49× (vs Q1'23)
* 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.
| Metric |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
62.38M
est: 4.14B (-98.5%)
|
119.45M
est: 7.67B (-98.4%)
|
141.92M
est: 9.97B (-98.6%)
|
182.75M
est: 13.47B (-98.6%)
|
15.24B
est: 15.29B (-0.4%)
|
18.34B
est: 18.66B (-1.7%)
|
20.75B
est: 22.41B (-7.4%)
|
21.31B
est: 24.23B (-12.1%)
|
20.52B
est: 24.87B (-17.5%)
|
| EBITDA |
3.35B
est: 2.53B (+32.2%)
|
5.70B
est: 4.70B (+21.2%)
|
7.75B
est: 6.11B (+26.9%)
|
8.67B
est: 8.25B (+5.0%)
|
7.70B
est: 9.37B (-17.9%)
|
12.43B
est: 11.43B (+8.8%)
|
14.01B
est: 13.73B (+2.0%)
|
13.11B
est: 15.25B (-14.0%)
|
12.12B
est: 15.65B (-22.6%)
|
| EBIT |
1.96B
est: 1.66B (+18.0%)
|
3.82B
est: 3.09B (+23.7%)
|
5.76B
est: 4.01B (+43.7%)
|
6.53B
est: 5.42B (+20.6%)
|
4.49B
est: 6.15B (-26.9%)
|
8.77B
est: 7.50B (+16.8%)
|
9.99B
est: 9.01B (+10.8%)
|
8.39B
est: 9.18B (-8.6%)
|
7.44B
est: 9.42B (-21.0%)
|
| Net Income |
-18.14M
est: -3.58B (+99.5%)
|
-12.83M
est: -2.48B (+99.5%)
|
1.12M
est: -90.88M (+101.2%)
|
-32.00M
est: -3.32B (+99.0%)
|
-4.21B
est: -1.49B (-182.8%)
|
-2.10B
est: 54.03M (-3,994.5%)
|
-2.29B
est: 4.31B (-153.0%)
|
-3.35B
est: 5.19B (-164.5%)
|
-3.13B
est: 5.32B (-158.8%)
|
| SGA |
11.89M
est: 963.19M (-98.8%)
|
18.42M
est: 1.79B (-99.0%)
|
18.78M
est: 2.32B (-99.2%)
|
33.45M
est: 3.14B (-98.9%)
|
2.99B
est: 3.56B (-16.1%)
|
2.07B
est: 4.35B (-52.4%)
|
4.78B
est: 5.22B (-8.5%)
|
6.38B
est: 5.64B (+13.0%)
|
6.69B
est: 5.79B (+15.6%)
|
| EPS |
-0.70
est: -55.78 (+98.7%)
|
-0.49
est: -38.61 (+98.7%)
|
0.03
est: -1.42 (+102.3%)
|
-0.74
est: -51.73 (+98.6%)
|
-87.66
est: -23.18 (-278.2%)
|
-41.36
est: 0.84 (-5,012.3%)
|
-35.61
est: 67.19 (-153.0%)
|
-52.13
est: 80.82 (-164.5%)
|
-48.80
est: 82.97 (-158.8%)
|
Owner Earnings
Ownership Overview
Ownership breakdown not available.
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hamilton Infrastructure Holdings Inc. | 9.33M | 19.40% | — | 9.33M | — | 10.00 | CO | Canada | 2021-08-06 | ↗ |
| 2 | OMERS Administration Corporation | 9.33M | 19.40% | — | 9.33M | — | 10.00 | CO | Ontario, Canada | 2021-08-06 | ↗ |
| 3 | OMERS Asia Holdings Pte. Ltd. | 9.33M | 19.40% | — | 9.33M | — | 10.00 | OO | Singapore | 2021-08-06 | ↗ |
| 4 | OMERS Infrastructure Asia Holdings Pte. Ltd. | 9.33M | 19.40% | — | 9.33M | — | 10.00 | OO | Singapore | 2021-08-06 | ↗ |
| 5 | OMERS Singapore Governance Inc. | 9.33M | 19.40% | — | 9.33M | — | 10.00 | CO | Ontario, Canada | 2021-08-06 | ↗ |
| 6 | RE International Corporation | 9.33M | 19.40% | — | 9.33M | — | 10.00 | CO | Ontario, Canada | 2021-08-06 | ↗ |
| 7 | IFC Asset Management Company, LLC | 8.39M | 20.60% | — | 8.39M | — | 10.00 | CO | Delaware | 2018-10-24 | ↗ |
| 8 | IFC GIF Investment Company I | 8.02M | 16.70% | — | 8.02M | — | 10.00 | CO | Mauritius | 2021-01-25 | ↗ |
| 9 | IFC Global Infrastructure (GP) LLC | 8.02M | 16.70% | — | 8.02M | — | 10.00 | CO | Delaware | 2021-01-25 | ↗ |
| 10 | IFC Global Infrastructure Fund, LP | 8.02M | 16.70% | — | 8.02M | — | 10.00 | PN | England | 2021-01-25 | ↗ |
| 11 | International Finance Corporation** | 7.87M | 30.40% | 2.68M | 5.19M | 2.68M | 10.00 | OO | International Organization established by Articles of Agreement among its Member Countries | 2016-10-21 | ↗ |
| 12 | CDPQ Infrastructures Asia Pte Ltd. | 4.66M | 18.00% | — | 4.66M | — | 10.00 | CO | Singapore | 2016-10-27 | ↗ |
| 13 | Caisse de dépôt et placement du Québec | 4.66M | 18.00% | — | 4.66M | — | 10.00 | OO | Québec, Canada | 2016-10-27 | ↗ |
| 14 | Page 2 of 8 Pages | 3.78M | 14.60% | — | 3.78M | — | — | PN | Delaware, United States of America | 2017-02-08 | ↗ |
| 15 | Page 3 of 8 Pages | 3.78M | 14.60% | — | 3.78M | — | — | OO | Delaware, United States of America | 2017-02-08 | ↗ |
| 16 | Page 4 of 8 Pages | 3.78M | 14.60% | — | 3.78M | — | — | OO | Delaware, United States of America | 2017-02-08 | ↗ |
| 17 | 98-0557567 | 2.41M | 5.00% | 2.41M | — | 2.41M | — | IA, HC | Bermuda | 2021-02-16 | ↗ |
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Sunil Kumar Gupta | Chief Executive Officer | 328.9K | male |
| Kapil Kumar | Senior GM and Head of Operations & Maintenance | — | male |
| Kuldeep Jain | Senior Vice President of Project Development & Construction and Head of Construction | — | male |
| Praveen Kumar Singh | General Counsel | — | male |
| Preet Sandhu | Executive Vice President and Head of Land, Corporate Operations & Rooftop Business Units | — | male |
| Rajat Gupta | Chief Financial Officer | — | male |
| Samitla Subba | Vice President of Corporate Affairs of Policy & Communications and Head of Policy & Communications | — | female |
| Shweta Srivastava | Chief Human Resource Officer | — | female |
| Vijay Kumar Wadhwani | Chief Compliance & Ethics Officer | — | male |
| Gaurang Sethi | Vice President & Head of Bidding | — | male |
| Vikas Bansal | Head of Investor Relations | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for AZREF
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
