Adani Green Energy Limited generates and supplies renewable energy to central and state government entities, and government backed corporations in India.
Weak fundamentals or lack of information.
Share Price & News
How has Adani Green Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADANIGREEN's share price has been volatile over the past 3 months.
7 Day Return
IN Renewable Energy
1 Year Return
IN Renewable Energy
Return vs Industry: ADANIGREEN exceeded the Indian Renewable Energy industry which returned -5.2% over the past year.
Return vs Market: ADANIGREEN exceeded the Indian Market which returned -8.7% over the past year.
Price Volatility Vs. Market
How volatile is Adani Green Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StThe Adani Green Energy (NSE:ADANIGREEN) Share Price Has Soared 467%, Delighting Many Shareholders
3 months ago | Simply Wall StHere's Why Adani Green Energy (NSE:ADANIGREEN) Has A Meaningful Debt Burden
4 months ago | Simply Wall StIf You Had Bought Adani Green Energy (NSE:ADANIGREEN) Stock A Year Ago, You Could Pocket A 499% Gain Today
Is Adani Green Energy undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ADANIGREEN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ADANIGREEN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ADANIGREEN is unprofitable, so we can't compare its PE Ratio to the Renewable Energy industry average.
PE vs Market: ADANIGREEN is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ADANIGREEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADANIGREEN is overvalued based on its PB Ratio (24.9x) compared to the IN Renewable Energy industry average (0.4x).
How is Adani Green Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Adani Green Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of ADANIGREEN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Adani Green Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has Adani Green Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADANIGREEN is currently unprofitable.
Growing Profit Margin: ADANIGREEN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ADANIGREEN is unprofitable, and losses have increased over the past 5 years at a rate of -36.6% per year.
Accelerating Growth: Unable to compare ADANIGREEN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ADANIGREEN is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (4%).
Return on Equity
High ROE: ADANIGREEN has a negative Return on Equity (-2.94%), as it is currently unprofitable.
How is Adani Green Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ADANIGREEN's short term assets (₹25.8B) do not cover its short term liabilities (₹30.2B).
Long Term Liabilities: ADANIGREEN's short term assets (₹25.8B) do not cover its long term liabilities (₹131.0B).
Debt to Equity History and Analysis
Debt Level: ADANIGREEN's debt to equity ratio (627.1%) is considered high.
Reducing Debt: Insufficient data to determine if ADANIGREEN's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ADANIGREEN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ADANIGREEN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.5% each year
What is Adani Green Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ADANIGREEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ADANIGREEN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ADANIGREEN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ADANIGREEN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ADANIGREEN's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Jayant Parimal, IAS, has been Chief Executive Officer at Adani Green Energy Limited since May 7, 2018. He serves as the Chief Executive Officer of Adani Green Energy Limited at Adani Enterprises Limite ...
CEO Compensation Analysis
Compensation vs Market: Jayant's total compensation ($USD700.50K) is below average for companies of similar size in the Indian market ($USD1.31M).
Compensation vs Earnings: Jayant's compensation has increased whilst the company is unprofitable.
|Executive Director||1.75yrs||₹10.00m||no data|
|Non-Independent & Non-Executive Chairman||no data||no data||no data|
|Non-Independent & Non-Executive Director||5.5yrs||no data||0.013% ₹75.2m|
|Independent Non-Executive Director||1.75yrs||₹557.00k||no data|
|Additional Non-Executive Independent Director||0.92yr||₹275.00k||no data|
|Independent Non-Executive Director||2.17yrs||no data||no data|
Experienced Board: ADANIGREEN's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Adani Green Energy Limited's company bio, employee growth, exchange listings and data sources
- Name: Adani Green Energy Limited
- Ticker: ADANIGREEN
- Exchange: NSEI
- Founded: 2015
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: ₹587.757b
- Shares outstanding: 1.56b
- Website: https://www.adanigreenenergy.com
Number of Employees
- Adani Green Energy Limited
- Adani Corporate House
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ADANIGREEN||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jun 2018|
|541450||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jun 2018|
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 2,148 megawatts (MW); and wind power plants with an operational capacity of 397 MW. The company was incorporated in 2015 and is headquartered in Ahmedabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/05 12:37|
|End of Day Share Price||2020/07/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.