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Daily Range
Daily RangeToday's Low
₹ 1,015.10
Today's High
₹ 1,119.00
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52 Weeks Range
52 Weeks Low
₹ 439.10
52 Weeks High
₹ 2,720.00
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Momentum of the Stock
Momentum of the Stock Strong Bearish![]()
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Circuit Limit
Lower
₹ 930.95
Upper
₹ 1,137.75
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Financials Strength Score
Financials Strength Score Piotroski Score
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Company Profile
Adani Green Energy Limited generates and supplies renewable energy to central and state government entities, and government backed corporations in India. The company builds, owns, and operates power plants through renewable sources, such as solar, wind, and hybrid; and provides other ancillary services. It operates solar power plants with an operational capacity of 3,023 megawatts (MW); and wind power plants with an operational capacity of 497 MW. The company was incorporated in 2015 and is based in Ahmedabad, India. Adani Green Energy Limited was formerly a subsidiary of Adani Enterprises Limited.
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Companies under the same Group
Companies under the same Group
Adani Enterprises
Adani Ports &Special
Adani Wilmar
Adani Power
Adani Total Gas
Adani Energy Solut.
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Key Metrics
Key MetricsStandalone
Consolidated
No of shares Outstanding
158.4 Cr.
EPS-TTM
₹7.12
Face Value
₹10.00
Book Value
₹66.77
Net Asset Value
₹37.12
ROE
27.52%
ROA
1.55%
ROCE
8.46%
Dividend Yield
0.00%
Total Debt
₹ 0.0 Cr.
Sales Growth
51.80%
PAT Growth
98.98%
Financials
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 7,213.0 | 5,506.0 | 3,548.0 | 2,562.0 | 2,073.6 | 3,730.9 | 1,204.2 | 652.9 |
| Total Non-Current Assets | 59,094.0 | 52,478.0 | 24,312.0 | 15,492.0 | 12,208.1 | 11,732.0 | 4,818.1 | 4,898.1 |
| Total Assets | 66,902.0 | 58,605.0 | 28,301.0 | 18,075.0 | 14,281.6 | 15,462.9 | 6,022.2 | 5,551.0 |
| Total Current Liabilities | 7,941.0 | 11,513.0 | 5,797.0 | 3,016.0 | 2,699.0 | 5,979.2 | 1,289.9 | 1,465.1 |
| Total Non-Current Liabilities | 52,533.0 | 45,483.0 | 21,586.0 | 14,342.0 | 10,743.7 | 8,142.3 | 3,529.3 | 3,950.0 |
| Shareholder's Funds | 5,880.0 | 1,190.0 | 861.0 | 763.0 | 840.0 | 1,341.4 | 1,202.9 | 135.5 |
| Total Liabilities | 66,902.0 | 58,605.0 | 28,301.0 | 18,075.0 | 14,281.6 | 15,462.9 | 6,022.2 | 5,551.0 |
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Financial Statement Analysis
Current Ratio
The Industry Current Ratio stands at 0.94, vs the Current Ratio of 0.85, which results in a Negative aspect.
Debt to Equity Ratio
The Industry Debt to Equity Ratio stands at 4.45, vs the Debt to Equity Ratio of 21.08, which results in a Negative aspect.
Price to BV
The Industry Price to BV stands at 10.93, vs the Price to BV of 49.36, which results in a Positive aspect.
Quick Ratio
The Industry Quick Ratio stands at 0.85, vs the Quick Ratio of 0.81, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|
| Total Income | 7,792.0 | 5,133.0 | 3,124.0 | 2,549.0 | 2,058.0 | 1,480.3 | 501.7 | 27.6 |
| Total Expenditure | 2,861.0 | 1,623.0 | 889.0 | 1,099.0 | 532.5 | 646.8 | 98.5 | 14.3 |
| Operating Profit(Excl OI) | 6,300.0 | 3,954.0 | 2,865.0 | 1,844.0 | 1,638.4 | 884.6 | 546.8 | 20.2 |
| Add: Other Income | 1,369.0 | 444.0 | 630.0 | 394.0 | 113.0 | 51.1 | 143.6 | 6.8 |
| Operating Profit | 6,300.0 | 3,954.0 | 2,865.0 | 1,844.0 | 1,638.4 | 884.6 | 546.8 | 20.2 |
| Less: Interest | 3,439.0 | 2,617.0 | 2,108.0 | 1,309.0 | 1,161.1 | 551.8 | 397.5 | 38.6 |
| PBDT | 2,861.0 | 1,337.0 | 757.0 | 535.0 | 477.3 | 332.8 | 149.4 | -18.4 |
| Less: Depreciation Amortization | 1,300.0 | 849.0 | 486.0 | 394.0 | 1,062.0 | 543.0 | 333.3 | 5.8 |
| PBT & Exceptional Items | 1,561.0 | 488.0 | 271.0 | 141.0 | -584.7 | -210.2 | -183.9 | -24.2 |
| Less: Exceptional Income Expenses | -194.0 | 64.0 | -84.0 | -191.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit Before Tax | 1,426.0 | 553.0 | 193.0 | -50.0 | -584.7 | -210.2 | -183.9 | -24.2 |
| Less: Taxation | 453.0 | 64.0 | 11.0 | 11.0 | -113.2 | -72.7 | -137.7 | 0.3 |
| Profit After Tax | 973.0 | 489.0 | 182.0 | -61.0 | -471.5 | -137.5 | -46.2 | -24.5 |
| Earnings Per Share | 6.2 | 3.1 | 1.3 | -0.2 | 0.0 | 0.0 | 0.0 | 0.0 |
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Financial Statement Analysis
PAT Margin
The Industry PAT Margin stands at 14.99, vs the PAT Margin of -2.39, which results in a Negative aspect.
PE Ratio
The Industry PE Ratio stands at 111.13, vs the PE Ratio of 262.99, which results in a Positive aspect.
PAT Growth
The Industry PAT Growth stands at 53.08, vs the PAT Growth of 87.06, which results in a Positive aspect.
Dividend Yield
The Industry Dividend Yield stands at 1.11, vs the Dividend Yield of 0.00, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|
| Profit Before Tax | 1,367.0 | 552.0 | 187.0 | -50.0 | -584.7 | -210.2 | -183.9 | -24.2 |
| Tax Paid | 11.0 | -20.0 | -14.0 | -18.0 | -29.0 | -6.3 | -1.6 | -0.3 |
| Adjustment | 4,204.0 | 3,020.0 | 2,057.0 | 1,826.0 | 2,145.9 | 1,070.3 | 588.6 | 44.1 |
| Changes In Working Capital | 1,367.0 | 552.0 | 187.0 | -50.0 | -584.7 | -210.2 | -183.9 | -24.2 |
| Cash Flow after changes in Working Capital | 7,254.0 | 3,147.0 | 1,615.0 | 1,983.0 | 1,653.6 | 655.0 | 29.4 | -97.4 |
| Cash Flow from Operating Activities | 7,265.0 | 3,127.0 | 1,601.0 | 1,965.0 | 1,624.6 | 648.7 | 27.8 | -97.8 |
| Cash Flow from Investing Activities | -3,857.0 | -19,348.0 | -9,225.0 | -3,743.0 | -2,666.3 | -4,428.2 | -1,510.3 | -4,197.0 |
| Cash Flow from Financing Activities | -2,973.0 | 15,986.0 | 7,083.0 | 2,161.0 | 1,045.2 | 3,942.0 | 1,559.1 | 4,304.3 |
| Net Cash Inflow / Outflow | 435.0 | -235.0 | -541.0 | 383.0 | 3.5 | 162.4 | 76.5 | 9.5 |
| Opening Cash & Cash Equivalents | 567.0 | 184.0 | 637.0 | 254.0 | 250.6 | 88.2 | 9.5 | 0.0 |
| Closing Cash & Cash Equivalent | 1,002.0 | 567.0 | 184.0 | 637.0 | 254.1 | 250.6 | 85.4 | 9.5 |
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Financial Statement Analysis
PCF RATIO
The Industry PCF RATIO stands at 13.27, vs the PCF RATIO of 12.23, which results in a Negative aspect.
PFCF Ratio
The Industry PFCF Ratio stands at 23.54, vs the PFCF Ratio of -8.41, which results in a Negative aspect.
| Particulars | Sep 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 30,550.0 | 23,110.0 | 22,200.0 | 21,760.0 | 25,980.0 | 19,730.0 | 15,860.0 | 16,350.0 | 14,610.0 | 14,000.0 | 12,950.0 | 9,770.0 | 9,860.0 | 7,486.5 | 6,119.1 | 7,785.1 | 6,957.4 |
| Total Income | 33,760.0 | 26,750.0 | 25,890.0 | 25,640.0 | 29,880.0 | 22,580.0 | 16,860.0 | 17,010.0 | 15,870.0 | 16,100.0 | 14,110.0 | 10,790.0 | 10,870.0 | 9,062.0 | 7,290.7 | 8,781.4 | 7,186.7 |
| Total Expenditure | 8,500.0 | 6,450.0 | 5,210.0 | 2,550.0 | 3,340.0 | 11,200.0 | 7,200.0 | 6,870.0 | 4,890.0 | 4,960.0 | 5,250.0 | 2,230.0 | 3,650.0 | 3,430.5 | 1,189.5 | 1,985.4 | 2,469.1 |
| PBIDT (Excl OI) | 22,050.0 | 16,660.0 | 16,990.0 | 19,210.0 | 22,640.0 | 8,530.0 | 8,660.0 | 9,480.0 | 9,720.0 | 9,040.0 | 7,700.0 | 7,540.0 | 6,210.0 | 4,056.0 | 4,929.7 | 5,799.7 | 4,488.3 |
| Other Income | 3,210.0 | 3,640.0 | 3,690.0 | 3,880.0 | 3,900.0 | 2,850.0 | 1,000.0 | 660.0 | 1,260.0 | 2,100.0 | 1,160.0 | 1,020.0 | 1,010.0 | 1,575.5 | 1,171.6 | 996.3 | 229.3 |
| Operating Profit | 25,260.0 | 20,300.0 | 20,680.0 | 23,090.0 | 26,540.0 | 11,380.0 | 9,660.0 | 10,140.0 | 10,980.0 | 11,140.0 | 8,860.0 | 8,560.0 | 7,220.0 | 5,631.5 | 6,101.2 | 6,796.0 | 4,717.6 |
| Interest | 13,690.0 | 12,420.0 | 11,650.0 | 13,930.0 | 13,380.0 | 6,170.0 | 4,980.0 | 4,580.0 | 6,670.0 | 8,130.0 | 6,130.0 | 5,240.0 | 4,760.0 | 4,074.9 | 4,833.4 | 4,475.8 | 2,948.9 |
| Exceptional Items | -970.0 | -1,000.0 | -160.0 | -500.0 | -1,250.0 | -690.0 | 0.0 | 0.0 | -150.0 | 0.0 | 0.0 | 800.0 | -130.0 | 0.0 | 0.0 | -706.5 | -188.7 |
| PBDT | 10,600.0 | 6,880.0 | 8,870.0 | 8,660.0 | 11,910.0 | 4,520.0 | 4,680.0 | 5,560.0 | 4,160.0 | 3,010.0 | 2,730.0 | 4,120.0 | 2,330.0 | 1,556.6 | 1,267.9 | 1,613.8 | 1,580.0 |
| Depreciation | 6,180.0 | 4,810.0 | 4,740.0 | 4,510.0 | 3,920.0 | 3,300.0 | 2,980.0 | 2,800.0 | 2,740.0 | 2,600.0 | 1,640.0 | 1,510.0 | 1,330.0 | 1,244.3 | 1,190.5 | 1,101.0 | 1,080.1 |
| Profit Before Tax | 4,420.0 | 2,070.0 | 4,130.0 | 4,150.0 | 7,990.0 | 1,220.0 | 1,700.0 | 2,760.0 | 1,420.0 | 410.0 | 1,090.0 | 2,610.0 | 1,000.0 | 312.4 | 77.4 | 512.8 | 499.9 |
| Tax | 260.0 | 680.0 | 1,190.0 | 1,420.0 | 3,070.0 | 630.0 | 240.0 | 590.0 | 210.0 | -70.0 | 90.0 | 420.0 | -40.0 | -101.9 | -59.7 | 315.1 | -140.1 |
| Provisions and contingencies | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit After Tax | 4,160.0 | 1,390.0 | 2,940.0 | 2,730.0 | 4,920.0 | 590.0 | 1,460.0 | 2,170.0 | 1,210.0 | 480.0 | 1,000.0 | 2,190.0 | 1,040.0 | 414.3 | 137.1 | 197.7 | 640.0 |
| Net Profit | 4,160.0 | 1,390.0 | 2,940.0 | 2,730.0 | 4,920.0 | 590.0 | 1,460.0 | 2,170.0 | 1,210.0 | 480.0 | 1,000.0 | 2,190.0 | 1,040.0 | 414.3 | 137.1 | 197.7 | 640.0 |
| ADDITIONAL INFOS: | |||||||||||||||||
| Equity Capital | 15,840.0 | 15,840.0 | 15,840.0 | 15,840.0 | 15,840.0 | 15,840.0 | 15,840.0 | 15,840.0 | 15,640.0 | 15,640.0 | 15,640.0 | 15,640.0 | 15,640.0 | 15,640.1 | 15,640.1 | 15,640.1 | 15,640.1 |
| Reserves | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| EPS | 1.6 | 1.4 | 2.2 | 1.9 | 3.0 | 0.5 | 0.7 | 1.2 | 0.6 | 0.1 | 0.5 | 1.2 | 0.5 | 0.1 | -0.1 | 0.1 | 0.5 |
| Operating Profit Margin | 82.7 | 87.8 | 93.2 | 106.1 | 102.2 | 57.7 | 60.9 | 62.0 | 75.2 | 79.6 | 68.4 | 87.6 | 73.2 | 75.2 | 99.7 | 87.3 | 67.8 |
| Net Profit Margin | 13.6 | 6.0 | 13.2 | 12.5 | 18.9 | 3.0 | 9.2 | 13.3 | 8.3 | 3.4 | 7.7 | 22.4 | 10.5 | 5.5 | 2.2 | 2.5 | 9.2 |
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Financial Statement Analysis
Net Sales Growth
The Industry Net Sales Growth stands at 16.45, vs the Net Sales Growth of 23.86, which results in a Positive aspect.
Mcap Growth
The Industry Mcap Growth stands at 72.57, vs the Mcap Growth of 312.48, which results in a Positive aspect.
Technicals
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Pivot Levels
Pivot Levels Check Advanced Levels ![]()
| Type | Classic | Woodie | Camarilla |
|---|---|---|---|
| R4 | 1,242.15 | 1,362.40 | 1,091.50 |
| R3 | 1,201.10 | 1,190.20 | 1,062.92 |
| R2 | 1,160.05 | 1,154.60 | 1,053.40 |
| R1 | 1,097.20 | 1,086.30 | 1,043.87 |
| Pivot | 1,056.15 | 1,050.70 | 1,056.15 |
| S1 | 993.30 | 982.40 | 1,024.83 |
| S2 | 952.25 | 946.80 | 1,015.30 |
| S3 | 889.40 | 878.50 | 1,005.78 |
| S4 | 826.55 | 739.00 | 977.21 |
(All Values are in INR)
The Pivot level gives the user an indication about key support & resistance levels for a selected stock.
EMA & SMA Levels 
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Beta
Beta 1 Day
1.55
1 Week
1.55
1 Month
1.62
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Indicators
Stoch RSI
100.00
Bearish
RSI
65.38
Neutral
ROC
-15.88
Bearish
UltimateOscillator
22.55
Bearish
Williams Indicator
-93.89
Bullish
CCI Indicator
-78.24
Neutral
MACD
-1,628.50
Bearish
Stochastic Indicator
4.83
Bullish
ATR
76.50
Low Volatility
Corporate Actions
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Corporate Actions - Board Meet
Corporate Actions - Board Meet | Ex-Date | Ratio | Record Date |
|---|
| Ex-Date | Ratio | Record Date |
|---|
| Announcement Date | Dividend Amount | Dividend Percentage of FV | Dividend Type |
|---|
| Date Of Conduct | Board Meeting Details |
|---|---|
| 22-10-2024 | Quarterly Results |
| 29-01-2024 | Quarterly Results |
| 26-12-2023 | Preferential Issue of shares |
| 30-10-2023 | Quarterly Results |
| 31-07-2023 | Quarterly Results |
| 06-07-2023 | Preferential Issue of shares |
| 24-05-2023 | Preferential Issue of shares (Revised) |
| 24-05-2023 | Preferential Issue of shares(Cancelled) (Cancelled) |
| 13-05-2023 | Preferential Issue of shares |
| 01-05-2023 | Audited Results |
| 07-02-2023 | Quarterly Results |
| 10-11-2022 | Quarterly Results |
| 02-08-2022 | Quarterly Results |
| 04-05-2022 | Audited Results |
| 08-04-2022 | Preferential Issue of shares Inter-alia, to consider and evaluate the proposal for raising of funds by way of a rights issue, preferential allotment, including a qualified institutions placement or through any other permissible mode and/or combination thereof as may be considered appropriate, by way of issue of equity shares or any other eligible securities, subject to all such regulatory / statutory approvals as may be required including the approval of shareholders of the Company. |
| 02-02-2022 | Quarterly Results |
| 28-10-2021 | Quarterly Results |
| 04-08-2021 | Quarterly Results |
| 13-05-2021 | Meeting of the Board of Directors will be held on Thursday, 13th May, 2021 to consider appointment of new Joint Statutory Auditors of the Company in place of M/s. B S R & Co. LLP, subject to approval of shareholders |
| 05-05-2021 | Audited Results |