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

Investors may be wary of Adani Green Energy Limited as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.

Financial Ratios:

currentRatio 0.000000
forwardPE 40.989883
debtToEquity 296.223000
earningsGrowth 0.000000
revenueGrowth 0.107000
grossMargins 0.910430
operatingMargins 0.517570
trailingEps 8.620000
forwardEps 23.111800

ADANIGREEN's high debt-to-equity ratio signals significant reliance on debt to finance its operations. This heavy leverage can increase financial risk, especially if the company faces a decline in revenue or struggles to meet its debt obligations.
Positive gross and operating margins for Adani Green Energy Limited suggest that the company is operating profitably. These margins highlight Adani Green Energy Limited's efficiency in managing costs while maintaining healthy revenue streams, contributing to its overall financial strength.
With a forward EPS greater than its trailing EPS, ADANIGREEN is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.

Price projections:

Price projections for ADANIGREEN
Price projections for ADANIGREEN

Adani Green Energy Limited's price projections have been revised downward over time, reflecting a shift in sentiment among analysts. The steady decline in projections points to a more cautious outlook on the company's future performance.

Recommendation changes over time:

Recommendations trend for ADANIGREEN
Recommendations trend for ADANIGREEN


ADANIGREEN has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view ADANIGREEN as a reliable choice for their money, offering a promising avenue for future growth and financial gains.