Valuation Adani Green Energy Limited

Equities

Market Closed - NSE India S.E. Other stock markets 12:05:01 17/04/2026 BST			5-day change	1st Jan Change
1,127.30 ^INR	+0.75%		+3.87%	+11.05%

04-09	UAE Equities Close Lower Ahead of Key US Economic Data	MT
04-09	Two Point Zero Unit Forms JV for Renewable Projects in India	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	2,994,618	1,395,770	2,906,937	1,502,692	1,856,862	-	-
Change	-	-53.39%	108.27%	-48.31%	23.57%	-	-
Enterprise Value (EV) ¹	2,994,618	1,395,770	2,906,937	2,254,122	2,735,214	2,946,524	3,138,082
Change	-	-53.39%	108.27%	-22.46%	21.34%	7.73%	6.5%
P/E ratio	794x	163x	296x	113x	99.4x	56.2x	38.1x
PBR	-	-	-	14x	9.29x	8.15x	6.91x
PEG	-	1x	20.3x	3.2x	2.8x	0.7x	0.8x
Capitalization / Revenue	-	16.2x	27.8x	13.4x	13.8x	10.2x	8.09x
EV / Revenue	-	16.2x	27.8x	20.1x	20.3x	16.3x	13.7x
EV / EBITDA	-	22x	34x	25.4x	24.9x	19.3x	15.9x
EV / EBIT	-	-	53.9x	35.3x	36.5x	25.9x	20.8x
EV / FCF	-	35.5x	-36.4x	-13.7x	-18.8x	-27x	-27.5x
FCF Yield	-	2.81%	-2.75%	-7.27%	-5.32%	-3.71%	-3.63%
Dividend per Share ²	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-
EPS ²	2.41	5.41	6.2	8.37	11.34	20.06	29.58
Distribution rate	-	-	-	-	-	-	-
Net sales ¹	-	86,330	104,600	112,120	134,965	181,179	229,636
EBITDA ¹	-	63,310	85,580	88,880	110,056	152,872	197,053
EBIT ¹	-	-	53,940	63,900	74,901	113,763	151,227
Net income ¹	4,890	9,740	12,600	14,440	18,191	35,589	48,737
Net Debt ¹	-	-	-	751,430	878,353	1,089,662	1,281,220
Reference price ²	1,914.70	881.15	1,835.15	948.65	1,127.30	1,127.30	1,127.30
Nbr of stocks (in thousands)	1,564,014	1,584,032	1,584,032	1,584,032	1,647,176	-	-
Announcement Date	04/05/22	01/05/23	03/05/24	28/04/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ADANI GREEN ENERGY LIMITED	99.39x	20.27x	24.85x	-.--%	20.07B
HUANENG LANCANG RIVER HYDROPOWER INC.	20.02x	10.02x	12.95x	2.38%	25.99B
EDP RENOVÁVEIS, S.A.	33.88x	8.16x	10.84x	1.15%	16.58B
ENGIE BRASIL ENERGIA S.A.	14.33x	5.96x	9.29x	3.89%	8.59B
CLEARWAY ENERGY, INC.	-67.96x	7.76x	9.09x	4.82%	4.73B
GCL ENERGY TECHNOLOGY CO.,LTD.	33.69x	-	-	-	4.3B
NORTHLAND POWER INC.	15.56x	4.66x	7.9x	3.24%	4.25B
Average	21.27x	9.47x	12.49x	2.58%	12.07B
Weighted average by Cap.	36.56x	11.35x	14.61x	1.88%