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Street Verdict

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ADANIGREEN · NSE

Adani Green Energy Limited

₹1,334.5

+4.73% (+₹60.3)

Prev. close

₹1,274.2

Volume

25,97,171

Delivery %

35.7%

As of

18 Sept 2026

Price history

₹1,334.5-₹148.5 (-10.01%) · 3M
10 Jun 2026 → 18 Sept 2026
₹1,604.5₹1,214.910 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

Analyst sentiment

Analysts lean bullish

4 analyst stances · last 90 days · one per analyst

Trackable

2 · 2 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

2 · 2 bull / 0 neutral / 0 bear

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (4)Neutral 0% (0)Bearish 0% (0)
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Analyst opinions

CallAnalystInstrumentVerdictActions
Market commentary · 2 · levels, conditionals, previews, macro & hedged views — context, not graded
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Fundamentals

About Adani Green Energy Limited

Adani Green Energy Limited generates and supplies renewable energy to central and state government entities and government backed corporations in India. The company develops, builds, owns, operates, and maintains power plants through renewable sources, such as solar, wind, and hybrid. It operates solar power plants with an operational capacity of 10,103 megawatts (MW); wind power plants with an operational capacity of 2,140 MW; and hybrid power plants with an operational capacity of 2,140 MW. Adani Green Energy Limited was incorporated in 2015 and is headquartered in Ahmedabad, India.

Details

Sector

Utilities

Industry

Utilities - Renewable

CEO

Mr. Ashish Khanna

Headquarters

Ahmedabad

Employees

976

Key stats

Market cap

₹2.10 L Cr

P/E ratio (TTM)

122.3

EPS (TTM)

₹10.42

Beta (1Y · daily vs NIFTY 50)

1.66

Beta (5Y · monthly vs NIFTY 50)

2.31

Shares float

33.46 Cr

EPS · quarter ended Jun 2026

₹5.05

Upcoming earnings

21 Oct 2026

Financial Performance

01 · Financials

0 Cr5000 Cr10000 Cr15000 Cr₹0%25%50%75%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

035810₹FY21FY22FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-250%0%250%500%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 L Cr0.5 L Cr1 L Cr1.5 L Cr₹0×5×10×15×20×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 L Cr0.5 L Cr1 L Cr1.5 L Cr₹FY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-1 L Cr0 L Cr1 L Cr2 L Cr₹FY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹3,124.00 Cr₹5,133.00 Cr₹7,792.00 Cr₹9,220.00 Cr₹11,047.00 Cr₹12,928.00 Cr
EBITDA₹2,626.00 Cr₹4,018.00 Cr₹5,361.00 Cr₹7,763.00 Cr₹9,550.00 Cr₹11,233.00 Cr
₹210.00 Cr₹489.00 Cr₹974.00 Cr₹1,100.00 Cr₹1,444.00 Cr₹1,652.00 Cr
Diluted EPS₹0.68₹2.41₹5.41₹6.2₹8.37₹9.65

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹28,721.00 Cr₹59,167.00 Cr₹67,361.00 Cr₹88,086.00 Cr₹1.11 L Cr₹1.43 L Cr
₹24,209.00 Cr₹48,819.00 Cr₹50,210.00 Cr₹64,858.00 Cr₹79,447.00 Cr₹1.01 L Cr
Stockholders' equity₹2,200.00 Cr₹2,614.00 Cr₹7,304.00 Cr₹9,834.00 Cr₹12,137.00 Cr₹19,965.00 Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,601.00 Cr₹3,060.00 Cr₹7,265.00 Cr₹7,713.00 Cr₹8,364.00 Cr₹10,135.00 Cr
Investing cash flow₹-9,137.00 Cr₹-18,663.00 Cr₹-3,857.00 Cr₹-21,060.00 Cr₹-19,827.00 Cr₹-26,227.00 Cr
₹7,083.00 Cr₹15,986.00 Cr₹-2,973.00 Cr₹13,953.00 Cr₹12,068.00 Cr₹15,615.00 Cr
Capital expenditure₹-6,143.00 Cr₹-14,792.00 Cr₹-3,376.00 Cr₹-15,773.00 Cr₹-24,776.00 Cr₹-26,097.00 Cr
End cash position₹184.00 Cr₹567.00 Cr₹1,002.00 Cr₹1,608.00 Cr₹2,212.00 Cr₹1,735.00 Cr

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21–Mar 22(2Q)Jun 22Sep 22–Dec 22(2Q)Mar 23Jun 23Sep 23Dec 23–Mar 24(2Q)Jun 24Sep 24–Mar 25(3Q)Jun 25Sep 25–Jun 26(4Q)
Promoter60.14%61.27%60.50%60.75%57.26%56.27%56.26%56.37%57.52%60.94%61.91%62.43%
Public39.86%38.73%39.50%39.25%42.74%43.73%43.74%43.63%42.48%39.06%38.09%37.57%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Utilities

Company
Adani Power Limited₹3.97 L Cr₹206.627.96.1219.8%0.84-3.5%-67.3%
NTPC Limited₹3.20 L Cr₹323.6510.11.5713.3%1.33-1.2%-3.9%
Power Grid Corporation of India Limited₹2.45 L Cr₹270.312.92.4415.8%1.51+1.6%-6.5%
Adani Green Energy Limited₹2.10 L Cr₹1,334.5122.310.518.3%5.08+11.6%+36.3%
Adani Energy Solutions Limited₹1.70 L Cr₹1,436.157.16.679.0%1.93+15.4%+71.5%
Tata Power Company Limited₹1.18 L Cr₹374.830.62.999.5%2.02-4.8%-4.7%
GAIL (India) Limited₹1.13 L Cr₹173.911.41.278.5%0.28-0.2%-3.9%
Siemens Energy India Limited₹1.11 L Cr₹3,22874.225.2725.1%0.03+63.5%-7.1%
JSW Energy Limited₹93,817.50 Cr₹52640.33.057.3%2.50+62.8%-2.2%
NHPC Limited₹75,749.61 Cr₹75.227.61.839.1%1.32+7.2%-13.8%
NTPC Green Energy Limited₹73,797.80 Cr₹88.55141.33.892.8%1.67+29.8%-14.7%
Torrent Power Limited₹65,406.68 Cr₹1,297.628.23.4312.7%0.73-0.8%+2.4%

Ranked by market cap within Utilities, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 9

Concall transcripts

Show all 7

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

48 indices

BSE Utilities· 6.2%BSE Power· 4.6%BSE POWER & ENERGY· 3.1%Nifty200 Alpha 30· 2.4%BSE India Infrastructure Index· 2.3%Nifty200 Momentum 30· 2.2%Nifty Energy· 1.9%Nifty High Beta 50· 1.8%Nifty Commodities· 1.7%NIFTY100 Alpha 30· 1.5%Nifty India Select 5 Corporate Groups (MAATR)· 1.3%Nifty Conglomerate 50· 1.2%

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

ADANIGREEN

Adani Green Energy: Jefferies expects 69% upside amid short-term correction

Business Today · 17 hours ago

ADANIGREEN

Adani Group stocks today, September 16: Adani Total Gas gains 1.56%, Adani Ports up 0.90%, Adani Energy rises 0.35%

businessupturn.com · 3 days ago