Adani Green Energy Ltd
ADANIGREENAdani Green Energy Ltd
ADANIGREENPrice Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
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 |
---|---|---|
229.76 | 16.12 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
24.86 | 3.77 | 1.15% |
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
Peers
Compare with peersÂNHPC Ltd
Premier Energies Ltd
SJVN Ltd
Jaiprakash Power Ventures Ltd
KPI Green Energy 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 | 2,629.00 | 3,605.00 | 5,642.00 | 8,676.00 | 10,749.00 | 11,193.00 | |||||||||
Raw Materials | — | — | — | — | — | — | — | — | 2,500.00 | |||||||||
Power & Fuel Cost | 1.42 | 1.60 | 2.32 | 2.00 | 0.00 | 0.00 | 8.00 | 4.00 | ||||||||||
Employee Cost | 38.99 | 43.65 | 59.65 | 107.00 | 38.00 | 34.00 | 40.00 | 77.00 | ||||||||||
Selling & Administrative Expenses | 44.87 | 41.53 | 77.30 | 70.00 | 92.00 | 112.00 | 138.00 | 219.00 | ||||||||||
Operating & Other expenses | 13.18 | 560.00 | 393.25 | 1,111.00 | 843.00 | 1,477.00 | 2,853.00 | 1,869.00 | ||||||||||
EBITDA | 483.49 | 884.63 | 1,598.47 | 1,339.00 | 2,632.00 | 4,019.00 | 5,637.00 | 8,580.00 | 8,693.00 | |||||||||
Depreciation/Amortization | 333.27 | 542.99 | 1,061.96 | 394.00 | 486.00 | 849.00 | 1,300.00 | 1,903.00 | 2,045.00 | |||||||||
PBIT | 150.22 | 341.64 | 536.51 | 945.00 | 2,146.00 | 3,170.00 | 4,337.00 | 6,677.00 | 6,648.00 | |||||||||
Interest & Other Items | 334.14 | 551.82 | 1,121.18 | 995.00 | 1,953.00 | 2,617.00 | 2,911.00 | 5,006.00 | 5,053.00 | |||||||||
PBT | -183.92 | -210.18 | -584.67 | -50.00 | 193.00 | 553.00 | 1,426.00 | 1,671.00 | 1,595.00 | |||||||||
Taxes & Other Items | -137.24 | -72.67 | -110.74 | -27.00 | -17.00 | 64.00 | 452.00 | 571.00 | 371.00 | |||||||||
Net Income | -46.68 | -137.51 | -473.93 | -23.00 | 210.00 | 489.00 | 974.00 | 1,100.00 | 1,224.00 | |||||||||
EPS | -0.37 | -1.04 | -3.22 | -0.15 | 1.34 | 3.13 | 6.19 | 6.94 | 7.73 | |||||||||
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
Annual report
PDFPeers & Comparison
UtilitiesRenewable Energy
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Adani Green Energy Ltd | 255.66 | 16.12 | — |
NHPC Ltd | 25.24 | 2.08 | 2.09% |
Premier Energies Ltd | 220.88 | 77.44 | — |
SJVN Ltd | 51.36 | 3.33 | 1.51% |
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 0.0197% | Percentage of the fund’s portfolio invested in the stock 0.78% | Change in the portfolio weight of the stock over the last 3 months -0.19% | 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 0.0137% | Percentage of the fund’s portfolio invested in the stock 0.78% | Change in the portfolio weight of the stock over the last 3 months -0.19% | 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 42/59 (-4) |
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 0.0050% | Percentage of the fund’s portfolio invested in the stock 0.78% | Change in the portfolio weight of the stock over the last 3 months -0.19% | 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 42/59 (-4) |
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 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
Adani Green Energy and TotalEnergies (a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity) have entered into a joint venture, pursuant to which the Company and TotalEnergies own a 50:50 stake in Adani Renewable Energy Sixty Four (ARE64L), which in-turn houses a 1,150 MWac project portfolio, being a mix of following operational and under execution solar assets, with a blend of both, merchant based and SECI PPA projects housed under Adani Renewable Energy Fifty Six (hereinafter referred to as 'Project Portfolio Company'). As part of the transaction, TotalEnergies has acquired a 50% stake in ARE64L, for an amount of USD 444 Million which are terms more beneficial to the Company (Transaction) as also disclosed pursuant to the notice issued for calling an extraordinary general meeting of the shareholders issued on 02 September 2024. With this investment, ARE64L has now become 50-50 owned by the Company and TotalEnergies. Â Powered by Capital Market - Live
Adani Green Energy (AGEL) has completed redemption of all outstanding USD 750 million 4.375% Holdco Notes due on 8 September 2024. This follows AGEL's announcement, in January 2024, to fully backstop the Holdco Notes through a fully funded redemption reserve account maintained eight months prior to the redemption date to facilitate full redemption of Holdco Notes upon maturity in compliance with applicable guidelines. Issued in September 2021, the three-year Holdco Notes have supported AGEL's high-growth objectives. During the period, AGEL's capacity has increased more than three-fold ' from 3.5 GW to 11.2 GW, registering a CAGR (compounded annual growth rate) of 48%. AGEL's overall capital management philosophy has remained focused on long-term value creation through asset development and positioned AGEL as a self-propelled growth engine. It also emphasizes the structured approach to accomplish credit metrics akin to investment grade profile for its underlying debt capital raise program. With this, AGEL is committed to having capital market issuances tailored for long-term infra asset class supported through the predictable and robust cashflow stream to attain long curve emulating underlying asset life.Powered by Capital Market - Live
Adani Green Energy announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 25 September 2024 .Powered by Capital Market - Live
Adani Green Energy (AGEL) and TotalEnergies, have announced a strategic joint venture (JV), equally owned by both entities, aimed at managing a portfolio of solar projects totaling 1,150 MW. The projects are located at the world's largest renewable energy plant in Khavda, Gujarat. AGEL will contribute its current assets to the new JV, while TotalEnergies plans to inject USD 444 million to accelerate the development of these projects. This investment underscores AGEL and TotalEnergies' commitment to bolstering collaboration, aligning with their shared objective of expediting India's transition to clean energy. It is a testament of AGEL's proven capabilities in delivering green energy at unprecedented speed and scale. The electricity generated from the 1,150 MW solar projects will be sold through Power Purchase Agreements (PPAs) with Solar Energy Corporation of India (SECI), and through sales on the wholesale market. AGEL is developing the world's largest renewable energy plant on barren wasteland at Khavda, Gujarat covering an area five times larger than Paris at 538 square kilometers. AGEL has already operationalized cumulative capacity of 2,250 MW solar and wind energy at the site. Once completed, the plant will supply affordable clean energy to over 16 million homes in India, generate over 15,200 green jobs and avoid about 58 million tons of CO2 emissions annually. The signing and completion of the transaction is subject to customary closing conditions including regulatory approvalsPowered by Capital Market - Live
Adani Green Energy Ltd gained for a fifth straight session today. The stock is quoting at Rs 1834.25, up 2% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.38% on the day, quoting at 24255.45. The Sensex is at 79293.48, down 0.45%. Adani Green Energy Ltd has gained around 5.35% in last one month. Meanwhile, Nifty Energy index of which Adani Green Energy Ltd is a constituent, has gained around 1.15% in last one month and is currently quoting at 42916.05, down 0.26% on the day. The volume in the stock stood at 7.81 lakh shares today, compared to the daily average of 30.66 lakh shares in last one month.The PE of the stock is 0 based on TTM earnings ending June 24.Powered by Capital Market - Live
Budget Technical Picks: BHEL, NTPC among 8 investment ideas with up to 22% upside - Budget Picks
Jefferies initiates coverage on Adani Green Energy with buy rating, sees 18% upside
Adani Energy, Adani Green Shares Jump As Q1 Revenues Swell
Adani Green Energy Q1 profit up nearly 95% to ₹629 crore
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 27.09%