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

Adani Green Energy Limited's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 0.642000
forwardPE 38.485645
debtToEquity 296.223000
earningsGrowth 1.234000
revenueGrowth -0.015000
grossMargins 0.888270
operatingMargins 0.588100
trailingEps 11.910000
forwardEps 0.000000

ADANIGREEN's current ratio of 0.642 indicates potential liquidity issues, as the company's cash reserves and current assets may not be enough to cover short-term debts. This raises concerns about ADANIGREEN's ability to meet its near-term financial obligations.
ADANIGREEN's high debt-to-equity ratio indicates that the company is using more debt than equity to fund its operations. This high leverage could expose the company to greater financial risk, especially during periods of declining profitability.
Adani Green Energy Limited's positive gross and operating margins suggest the company is performing profitably. These margins reflect efficient cost management and strong revenue generation, signaling healthy financial performance and operational effectiveness.

Price projections:

Price projections for ADANIGREEN
Price projections for ADANIGREEN

ADANIGREEN's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.

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.