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Azure Power Global LimitedOTCPK:AZRE.F Stock Report

Market Cap US$64.2m
Share Price
n/a
1Y566.7%
7D-9.1%
1D0%
Portfolio Value
​
View

Azure Power Global Limited

OTCPK:AZRE.F Stock Report

Market Cap: US$64.2m

Azure Power Global (AZRE.F) Stock Overview

Operates as a renewable energy developer and independent renewable power producer in India. More details

AZRE.F fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 95% below our estimate of its fair value

Earnings have grown 9% per year over the past 5 years

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Does not have a meaningful market cap ($64M)


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Azure Power Global Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Azure Power Global
Historical stock prices
Current Share PriceUS$1.00
52 Week HighUS$1.40
52 Week LowUS$0.011
Beta0.41
1 Month Change0%
3 Month Change0%
1 Year Change566.67%
3 Year Change17.65%
5 Year Change-95.12%
Change since IPO-93.15%

Recent News & Updates

Recent updates

Seeking Alpha • Feb 16

Azure Power receives NYSE grant of extension FOR delayed filing of annual report

Azure Power Global (NYSE:AZRE) said it had received a letter the New York Stock Exchange stating that it had agreed to provide the Company with an additional trading period through July 15, subject to reassessment on an ongoing basis, to complete and file the Company's annual report on Form 20-F. The NYSE notified the company that it would closely monitor the Company's progress with the milestones and timing submitted to the NYSE. Failure to achieve these interim milestones could result in accelerated trading suspension prior to the end of the July 15. Press Release
Seeking Alpha • Mar 10

Assured Growth With Azure

Q3 2022 was a big Quarter for Azure who beat on both Revenue and EPS. We also got great news on their MW capacity build and Plant Load Factors that should lead to estimate beating results. The Indian renewable market hasn't been without its difficulties, however  remedies are underway and Azure is positioned to ride the renewable wave.
Analysis Article • Dec 07

Azure Power Global (NYSE:AZRE) Hasn't Managed To Accelerate Its Returns

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Aug 21

Azure Power Global (NYSE:AZRE) Shareholders Will Want The ROCE Trajectory To Continue

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • May 08

Azure Power Global (NYSE:AZRE) Might Have The Makings Of A Multi-Bagger

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Feb 27

What Type Of Shareholders Own The Most Number of Azure Power Global Limited (NYSE:AZRE) Shares?

The big shareholder groups in Azure Power Global Limited ( NYSE:AZRE ) have power over the company. Large companies...
Analysis Article • Jan 23

What Do The Returns At Azure Power Global (NYSE:AZRE) Mean Going Forward?

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article • Jul 12

What We Make Of Azure Power Global's (NYSE:AZRE) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Analysis Article • Jun 16

Azure Power Global Limited (NYSE:AZRE) Analysts Are Cutting Their Estimates: Here's What You Need To Know

It's been a good week for Azure Power Global Limited (NYSE:AZRE) shareholders, because the company has just released...

Shareholder Returns

AZRE.FUS Renewable EnergyUS Market
7D-9.1%-2.0%0.5%
1Y566.7%-21.9%12.0%

Return vs Industry: AZRE.F exceeded the US Renewable Energy industry which returned -21.9% over the past year.

Return vs Market: AZRE.F exceeded the US Market which returned 12% over the past year.

Price Volatility

Is AZRE.F's price volatile compared to industry and market?
AZRE.F volatility
AZRE.F Average Weekly Movement40.5%
Renewable Energy Industry Average Movement7.9%
Market Average Movement6.8%
10% most volatile stocks in US Market15.2%
10% least volatile stocks in US Market2.9%

Stable Share Price: AZRE.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: AZRE.F's weekly volatility has decreased from 88% to 40% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2008n/aSunil Guptawww.azurepower.com

Azure Power Global Limited operates as a renewable energy developer and independent renewable power producer in India. It builds, owns, and operates grid-scale renewable energy projects; and supplies renewable energy to government utilities, and independent industrial and commercial customers on a long-term power purchase agreement. The company has an operating capacity of 3,041 megawatts, including rooftop capacity of 86.5 megawatts.

Azure Power Global Limited Fundamentals Summary

How do Azure Power Global's earnings and revenue compare to its market cap?
AZRE.F fundamental statistics
Market capUS$64.17m
Earnings (TTM)-US$27.04m
Revenue (TTM)US$212.63m
0.3x
P/S Ratio
-2.4x
P/E Ratio

Is AZRE.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AZRE.F income statement (TTM)
Revenue₹20.41b
Cost of Revenue₹1.82b
Gross Profit₹18.60b
Other Expenses₹21.19b
Earnings-₹2.60b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-40.46
Gross Margin91.09%
Net Profit Margin-12.72%
Debt/Equity Ratio412.4%

How did AZRE.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/19 01:41
End of Day Share Price 2026/09/17 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Azure Power Global Limited is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Moses SuttonBarclays
Akil MarshBrean Capital Historical (Janney Montgomery)
Joseph OshaCitizens JMP Securities, LLC