Adani Green Energy Ltd
ADANIGREENAdani Green Energy Ltd
ADANIGREENPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
147.70 | 9.55 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
20.53 | 3.12 | 1.43% |
Forecast & Ratings
Detailed Forecast from 3 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Adani Green Energy is a power generation company.It builds and operates solar and wind energy power plants in India
Investor Presentation
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Compare with peersNHPC Ltd
Premier Energies Ltd
SJVN Ltd
ACME Solar Holdings Ltd
Jaiprakash Power Ventures Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 581.95 | 1,531.41 | 2,130.99 | 2,629.08 | 3,605.00 | 5,642.00 | 8,676.00 | 10,749.00 | 11,958.00 | |||||||||
Raw Materials | — | — | — | — | — | — | — | — | 2,887.00 | |||||||||
Power & Fuel Cost | 1.42 | 1.60 | 2.32 | 1.95 | 0.00 | 0.00 | 8.00 | 4.00 | ||||||||||
Employee Cost | 38.99 | 43.65 | 59.65 | 106.53 | 38.00 | 34.00 | 40.00 | 77.00 | ||||||||||
Selling & Administrative Expenses | 44.87 | 41.53 | 77.30 | 70.90 | 92.00 | 112.00 | 138.00 | 219.00 | ||||||||||
Operating & Other expenses | 13.18 | 560.00 | 393.25 | 1,110.51 | 843.00 | 1,477.00 | 2,853.00 | 1,869.00 | ||||||||||
EBITDA | 483.49 | 884.63 | 1,598.47 | 1,339.19 | 2,632.00 | 4,019.00 | 5,637.00 | 8,580.00 | 9,071.00 | |||||||||
Depreciation/Amortization | 333.27 | 542.99 | 1,061.96 | 394.31 | 486.00 | 849.00 | 1,300.00 | 1,903.00 | 2,189.00 | |||||||||
PBIT | 150.22 | 341.64 | 536.51 | 944.88 | 2,146.00 | 3,170.00 | 4,337.00 | 6,677.00 | 6,882.00 | |||||||||
Interest & Other Items | 334.14 | 551.82 | 1,121.18 | 994.77 | 1,953.00 | 2,617.00 | 2,911.00 | 5,006.00 | 5,257.00 | |||||||||
PBT | -183.92 | -210.18 | -584.67 | -49.89 | 193.00 | 553.00 | 1,426.00 | 1,671.00 | 1,625.00 | |||||||||
Taxes & Other Items | -137.24 | -72.67 | -110.74 | -26.66 | -17.00 | 64.00 | 452.00 | 571.00 | 497.00 | |||||||||
Net Income | -46.68 | -137.51 | -473.93 | -23.23 | 210.00 | 489.00 | 974.00 | 1,100.00 | 1,128.00 | |||||||||
EPS | -0.37 | -1.04 | -3.22 | -0.15 | 1.34 | 3.13 | 6.19 | 6.94 | 7.12 | |||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
UtilitiesRenewable Energy
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Adani Green Energy Ltd | 151.46 | 9.55 | — |
NHPC Ltd | 21.94 | 1.81 | 2.40% |
Premier Energies Ltd | 206.81 | 72.51 | — |
SJVN Ltd | 46.38 | 3.00 | 1.67% |
Price Comparison
Compare ADANIGREEN with any stock or ETFShareholdings
Promoter Holdings Trend
Increased Total Promoter Holding
In last 6 months, promoter holding in the company has increased by 4.56%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.75%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Adani Green Energy Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0293% | Percentage of the fund’s portfolio invested in the stock 0.72% | Change in the portfolio weight of the stock over the last 3 months -0.23% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 39/59 (-1) |
UTI Nifty Next 50 Index Fund - Direct Growth Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0204% | Percentage of the fund’s portfolio invested in the stock 0.72% | Change in the portfolio weight of the stock over the last 3 months -0.23% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/59 (-7) |
HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0074% | Percentage of the fund’s portfolio invested in the stock 0.72% | Change in the portfolio weight of the stock over the last 3 months -0.23% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/59 (-5) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
ADANIGREEN has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Adani Energy Solutions Ltd, Network 18 Media & Investments Ltd, Ratnamani Metals & Tubes Ltd and JSW Holdings Ltd are among the other losers in the BSE's 'A' group today, 22 November 2024.Adani Green Energy Ltd tumbled 6.96% to Rs 1066.65 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 20.88 lakh shares were traded on the counter so far as against the average daily volumes of 85952 shares in the past one month.Adani Energy Solutions Ltd lost 6.37% to Rs 653.25. The stock was the second biggest loser in 'A' group.On the BSE, 15.03 lakh shares were traded on the counter so far as against the average daily volumes of 2.48 lakh shares in the past one month.Network 18 Media & Investments Ltd crashed 4.87% to Rs 80.06. The stock was the third biggest loser in 'A' group.On the BSE, 10.17 lakh shares were traded on the counter so far as against the average daily volumes of 1.78 lakh shares in the past one month.Ratnamani Metals & Tubes Ltd pared 4.70% to Rs 3472.15. The stock was the fourth biggest loser in 'A' group.On the BSE, 1724 shares were traded on the counter so far as against the average daily volumes of 874 shares in the past one month.JSW Holdings Ltd dropped 4.67% to Rs 15800. The stock was the fifth biggest loser in 'A' group.On the BSE, 11300 shares were traded on the counter so far as against the average daily volumes of 3286 shares in the past one month.Powered by Capital Market - Live
JM Financial Ltd, Clean Science & Technology Ltd, Birlasoft Ltd, Mangalore Refinery And Petrochemicals Ltd are among the other stocks to see a surge in volumes on BSE today, 22 November 2024.Adani Green Energy Ltd notched up volume of 8.31 lakh shares by 10:46 IST on BSE, a 6.55 fold spurt over two-week average daily volume of 1.27 lakh shares. The stock slipped 4.20% to Rs.1,098.20. Volumes stood at 4.97 lakh shares in the last session.JM Financial Ltd witnessed volume of 22.31 lakh shares by 10:46 IST on BSE, a 6.05 times surge over two-week average daily volume of 3.69 lakh shares. The stock increased 0.87% to Rs.133.00. Volumes stood at 4.28 lakh shares in the last session.Clean Science & Technology Ltd witnessed volume of 33076 shares by 10:46 IST on BSE, a 3.97 times surge over two-week average daily volume of 8335 shares. The stock increased 1.07% to Rs.1,292.95. Volumes stood at 3437 shares in the last session.Birlasoft Ltd recorded volume of 2.89 lakh shares by 10:46 IST on BSE, a 3.83 times surge over two-week average daily volume of 75492 shares. The stock gained 2.26% to Rs.557.70. Volumes stood at 25541 shares in the last session.Mangalore Refinery And Petrochemicals Ltd registered volume of 4.84 lakh shares by 10:46 IST on BSE, a 3.16 fold spurt over two-week average daily volume of 1.53 lakh shares. The stock rose 6.34% to Rs.154.25. Volumes stood at 1.21 lakh shares in the last session.Powered by Capital Market - Live
Adani Green Energy Ltd fell 8.61% today to trade at Rs 1047.75. The BSE Utilities index is down 0.75% to quote at 5511.7. The index is down 10.97 % over last one month. Among the other constituents of the index, Adani Energy Solutions Ltd decreased 5.07% and Torrent Power Ltd lost 3.15% on the day. The BSE Utilities index went up 44.44 % over last one year compared to the 17.16% surge in benchmark SENSEX. Adani Green Energy Ltd has lost 38.32% over last one month compared to 10.97% fall in BSE Utilities index and 3.41% drop in the SENSEX. On the BSE, 98621 shares were traded in the counter so far compared with average daily volumes of 84374 shares in the past one month. The stock hit a record high of Rs 2173.65 on 03 Jun 2024. The stock hit a 52-week low of Rs 910.05 on 22 Nov 2023.Powered by Capital Market - Live
Following this announcement, the stock tumbled 17.61% to currently trade at Rs 1163.20 on the BSE. In a regulatory filing made post market opening today, the Adani Group company stated that the United States Department of Justice (US DOJ) and the United States Securities and Exchange Commission (US SEC) have issued a criminal indictment and brought a civil complaint, respectively, in the United States District Court for the Eastern District of New York, against the company's board members, Gautam Adani and Sagar Adani. The United States Department of Justice have also included Adani Green's board member, Vneet Jaain, in such criminal indictment. In light of these developments, our subsidiaries have presently decided not to proceed with the proposed USD denominated bond offerings. Adani Green Energy (AGEL), a part of India-based Adani Group, has one of the largest global renewable portfolios with overall portfolio of 20.4 gigawatt (GW) including operating, under-construction and awarded projects catering to investment-grade counterparties. The company develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects. The company's consolidated net profit declined 25.81% to Rs 276 crore despite a 37.55% increase in net sales to Rs 3,033 crore in Q2 FY25 as compared with Q2 FY24. Powered by Capital Market - Live
Statement issued by Adani Green Energy: The United States Department of Justice and the United States Securities and Exchange Commission have issued a criminal indictment and brought a civil complaint, respectively, in the United States District Court for the Eastern District of New York, against our Board members, Gautam Adani and Sagar Adani. The United States Department of Justice have also included our Board member, Vneet Jaain, in such criminal indictment. In light of these developments, our subsidiaries have presently decided not to proceed with the proposed USD denominated bond offerings. Powered by Capital Market - Live
Adani Green Energy announced that its 100% step-down subsidiaries Adani Hybrid Energy Jaisalmer One, Adani Hybrid Energy Jaisalmer Two and Adani Solar Energy Jaisalmer One (Issuers) are offering USD-denominated Rule 144A / Regulation S senior secured notes (Notes) with 20 years door to door tenor and ~13.09 years weighted average life may follow, subject to market conditions. The Issuers intend to use the gross proceeds of the Notes to repay their foreign currency loans. The Notes are expected to be rated BBB-/Stable (EXP) by Fitch, Baa3/Stable by Moody's and BBB+/Stable by CAREEDGE GlobalPowered by Capital Market - Live
Adani Green Energy Ltd fell for a fifth straight session today. The stock is quoting at Rs 1495.35, down 1.89% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.Adani Green Energy Ltd has eased around 15.77% in last one month.Meanwhile, Nifty Energy index of which Adani Green Energy Ltd is a constituent, has eased around 10.14% in last one month and is currently quoting at 37705.65, down 1.02% on the day. The volume in the stock stood at 3.25 lakh shares today, compared to the daily average of 5.76 lakh shares in last one month.The PE of the stock is 0 based on TTM earnings ending September 24.Powered by Capital Market - Live
Net profit of Adani Green Energy declined 25.81% to Rs 276.00 crore in the quarter ended September 2024 as against Rs 372.00 crore during the previous quarter ended September 2023. Sales rose 37.55% to Rs 3033.00 crore in the quarter ended September 2024 as against Rs 2205.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3033.002205.00 38 OPM %72.7077.05 - PBDT1157.00903.00 28 PBT539.00429.00 26 NP276.00372.00 -26 Powered by Capital Market - Live
Adani Green Energy will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live
Adani Renewable Energy Three, a wholly-owned stepdown subsidiary of Adani Green Energy has entered into power consumption agreement (PCA) for supply of green power to a commercial and industrial (C&I) customer. The said green power shall be supplied from a new 61.4 MW renewable energy plant, located at Khavda, Gujarat.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 38.22%, vs industry avg of 11.03%
Increasing Market Share
Over the last 5 years, market share increased from 9.82% to 25.66%