Adani Green Energy Limited generates and supplies renewable energy to central and state government entities, and government backed corporations in India. More Details
Questionable track record with weak fundamentals.
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 22.4% over the past year.
Return vs Market: ADANIGREEN exceeded the Indian Market which returned -1.6% 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
2 days ago | Simply Wall StIs Adani Green Energy Limited's (NSE:ADANIGREEN) ROE Of 2.2% Concerning?
1 month ago | Simply Wall StHere's Why Adani Green Energy (NSE:ADANIGREEN) Has A Meaningful Debt Burden
4 months ago | Simply Wall StThe Adani Green Energy (NSE:ADANIGREEN) Share Price Has Soared 467%, Delighting Many Shareholders
Is Adani Green Energy undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) 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 poor value based on its PE Ratio (5489.8x) compared to the IN Renewable Energy industry average (7.4x).
PE vs Market: ADANIGREEN is poor value based on its PE Ratio (5489.8x) compared to the Indian market (16x).
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 (45.1x) compared to the IN Renewable Energy industry average (0.5x).
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 has a large one-off loss of ₹1.5B impacting its June 30 2020 financial results.
Growing Profit Margin: ADANIGREEN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ADANIGREEN has become profitable over the past 5 years, growing earnings by -22.5% per year.
Accelerating Growth: ADANIGREEN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ADANIGREEN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-9.7%).
Return on Equity
High ROE: ADANIGREEN's Return on Equity (2.2%) is considered low.
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.
Debt Coverage: ADANIGREEN's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: ADANIGREEN's interest payments on its debt are not well covered by EBIT (1.2x coverage).
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
Vneet Jaain (49 yo)
Mr. Vneet S. Jaain, BE - Mechanical, has been Managing Director, Chief Executive Officer and Director at Adani Green Energy Ltd. since July 2020. He serves as Managing Director and Chief Executive Officer ...
|Executive Director||1.92yrs||₹10.00m||no data|
|MD, CEO & Director||0.17yr||no data||no data|
|Non-Independent & Non-Executive Chairman||no data||no data||no data|
|Non-Independent & Non-Executive Director||5.67yrs||no data||0.013% |
|Independent Non-Executive Director||1.92yrs||₹557.00k||no data|
|Additional Non-Executive Independent Director||1.08yrs||₹275.00k||no data|
|Independent Non-Executive Director||2.33yrs||no data||no data|
|Independent & Non-Executive Director||0.17yr||no data||no data|
Experienced Board: ADANIGREEN's board of directors are not considered experienced ( 1.9 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: ₹1.013t
- 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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/28 13:00|
|End of Day Share Price||2020/09/28 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.