Adani Green Energy Ltd

About Adani Green Energy Ltd

Adani Green Energy Ltd (AGEL) is one of India's largest renewable energy companies, part of the Adani Group. It develops, owns, and operates utility-scale grid-connected solar, wind, and hybrid power projects. AGEL is focused on accelerating India's transition to clean energy, aiming for significant capacity expansion and global leadership in renewables.

Key Financial Ratios of Adani Green Energy Ltd

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Adani Green Energy Ltd's P/E ratio (TTM) is 355.10, compared to the industry median of 25.73 and large cap median of 129.93.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Adani Green Energy Ltd's P/B ratio is 10.77, compared to the industry median of 2.09 and large cap median of 10.77.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Adani Green Energy Ltd's P/S ratio is 16.29, compared to the industry median of 5.45 and large cap median of 16.29.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Adani Green Energy Ltd's PEG ratio is 2.12.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Adani Green Energy Ltd's EV/EBITDA ratio is 26.12.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Adani Green Energy Ltd's ROE is 9.95%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Adani Green Energy Ltd's ROA is 7.47%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Adani Green Energy Ltd's ROCE is 7%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Adani Green Energy Ltd's operating margin is 83.29%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Adani Green Energy Ltd's net margin is 15.37%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Adani Green Energy Ltd's current ratio is 0.60.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Adani Green Energy Ltd's debt-to-equity ratio is 4.56.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Adani Green Energy Ltd's interest coverage ratio is 1.24.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Adani Green Energy Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Adani Green Energy Ltd's EPS is 9.98.

(Source line: "Ratios as of 26 Aug 2026, based on last traded price of ₹1303.20. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 2015

• Headquarters: Ahmedabad, Gujarat

• Core Offerings: Solar Power Generation, Wind Power Generation, Hybrid Power Generation, Renewable Project Development, Operations & Maintenance

• Stock Listing: NSE (ADANIGREEN), BSE (541450)

• Promoter: Adani Group

History of Adani Green Energy Ltd

Adani Green Energy Limited was incorporated on January 23, 2015. In 2018, it was listed on Indian stock exchanges (NSE/BSE) following its demerger from Adani Enterprises. AGEL rapidly expanded its renewable energy portfolio, becoming a significant player in India's clean energy sector. By 2020, it emerged as one of the world's largest solar power developers. The company continued its aggressive growth, achieving 5 GW of operational renewable capacity by 2021 and commissioning the world's largest hybrid power plant in 2022. Today, AGEL is committed to achieving 45 GW of renewable energy capacity by 2030, positioning itself as a global leader in sustainable power generation.

Business Segments and Revenue Mix

• Solar Power: Develops, builds, owns, and operates utility-scale solar power projects across various Indian states, leveraging advanced solar technologies.

• Wind Power: Engages in the development and operation of large-scale wind power projects, utilizing favorable wind resources and advanced turbine technologies.

• Hybrid Power: Pioneers in developing and operating hybrid power projects, combining solar and wind energy to achieve higher capacity utilization, grid stability, and optimize land usage.

• Integrated Value Chain: Manages the entire lifecycle of projects from site identification, land acquisition, project financing, engineering, procurement, construction (EPC), to long-term operations & maintenance (O&M).

Key Personnel

Gautam S. Adani (Chairman): Founder and Chairman of the Adani Group, steering the conglomerate's strategy across various sectors including infrastructure and energy. Vineet S. Jain (Managing Director): An experienced professional leading AGEL's strategic growth, operational excellence, and expansion in the renewable energy domain.

Subsidiaries and Associate Companies

• Adani Renewable Energy Holding Four Limited

• Adani Solar Energy Kutchh One Limited

• Adani Hybrid Energy Jaisalmer One Limited (Numerous other project-specific Special Purpose Vehicles (SPVs) are also subsidiaries.)

Corporate Actions

December 2023: Raised ₹12,300 crore (approximately $1.48 billion) through a Qualified Institutional Placement (QIP) of equity shares to fund its growth plans and accelerate renewable energy capacity expansion.

References

1. Adani Green Energy Ltd Annual Report 2023 2. NSE/BSE Exchange Filings 3. Q4 FY24 & Q1 FY25 Earnings Announcements