Overall Fundamental outlook

Business Operations:

Sector: Utilities
Industry: Utilities - Renewable

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 7,393 megawatts (MW); wind power plants with an operational capacity of 1,401 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.

Revenue projections:

Revenue projections for ADANIGREEN
Revenue projections for ADANIGREEN

ADANIGREEN's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 0.569000
forwardPE 47.002815
debtToEquity 346.548000
earningsGrowth 2.098000
revenueGrowth 0.143000
grossMargins 0.914650
operatingMargins 0.596860
trailingEps 9.690000
forwardEps 30.836450

Adani Green Energy Limited's current ratio of 0.569 highlights that the company may not have sufficient cash reserves and assets to cover its short-term debts. This could lead to liquidity concerns, making it difficult for Adani Green Energy Limited to meet its immediate financial obligations.
ADANIGREEN's elevated debt-to-equity ratio shows that the company is relying heavily on debt to fund its activities. This high leverage can amplify returns but also heightens financial risks if cash flow becomes constrained.
ADANIGREEN's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
With positive gross and operating margins, ADANIGREEN demonstrates strong profitability. This reflects the company's ability to manage costs and maintain healthy profits, showcasing effective operational efficiency and financial stability.
ADANIGREEN's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.

Price projections:

Price projections for ADANIGREEN
Price projections for ADANIGREEN

The stock price of Adani Green Energy Limited has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.

Recommendation changes over time:

Recommendations trend for ADANIGREEN
Recommendations trend for ADANIGREEN


Adani Green Energy Limited has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view Adani Green Energy Limited as a stable option to park their money and potentially benefit from the company's continued growth and profitability.