Valuation Adani Green Energy Limited

Equities

Delayed NSE India S.E. Other stock markets 06:10:59 14/01/2026 pm IST			5-day change	1st Jan Change
935.30 ^INR	-0.15%		-8.23%	-7.86%

02/01	Adani Green Energy Forms New Step-Down Subsidiary	MT
02/01	Diary-India economic, corporate events on January 2	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	29,94,618	13,95,770	29,06,937	15,02,692	15,40,604	-	-
Change	-	-53.39%	108.27%	-48.31%	2.52%	-	-
Enterprise Value (EV) ¹	29,94,618	13,95,770	29,06,937	22,54,122	23,94,340	25,75,537	27,25,871
Change	-	-53.39%	108.27%	-22.46%	6.22%	7.57%	5.84%
P/E ratio	794x	163x	296x	113x	66.8x	34.6x	26.2x
PBR	-	-	-	14x	7.46x	6.53x	5.51x
PEG	-	1x	20.3x	3.2x	1x	0.4x	0.8x
Capitalization / Revenue	-	16.2x	27.8x	13.4x	10.4x	8.06x	6.62x
EV / Revenue	-	16.2x	27.8x	20.1x	16.1x	13.5x	11.7x
EV / EBITDA	-	22x	34x	25.4x	19.7x	16.2x	13.8x
EV / EBIT	-	-	53.9x	35.3x	26.6x	21.1x	18x
EV / FCF	-	35.5x	-36.4x	-13.7x	-17.9x	-25.8x	-46.4x
FCF Yield	-	2.81%	-2.75%	-7.27%	-5.59%	-3.87%	-2.16%
Dividend per Share ²	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-
EPS ²	2.41	5.41	6.2	8.37	14	27.06	35.68
Distribution rate	-	-	-	-	-	-	-
Net sales ¹	-	86,330	1,04,600	1,12,120	1,48,460	1,91,194	2,32,720
EBITDA ¹	-	63,310	85,580	88,880	1,21,344	1,58,991	1,98,187
EBIT ¹	-	-	53,940	63,900	89,892	1,21,883	1,51,176
Net income ¹	4,890	9,740	12,600	14,440	24,851	41,981	53,588
Net Debt ¹	-	-	-	7,51,430	8,53,737	10,34,933	11,85,267
Reference price ²	1,914.70	881.15	1,835.15	948.65	935.30	935.30	935.30
Nbr of stocks (in thousands)	15,64,014	15,84,032	15,84,032	15,84,032	16,47,176	-	-
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	66.82x	16.13x	19.73x	-.--%	1.71TCr
HUANENG LANCANG RIVER HYDROPOWER INC.	19.04x	9.79x	12.53x	2.43%	2.45TCr
EDP RENOVÁVEIS, S.A.	43x	8.47x	11.76x	0.88%	1.58TCr
ENGIE BRASIL ENERGIA S.A.	13.14x	5.34x	8.88x	4.93%	656.74Cr
CLEARWAY ENERGY, INC.	20.85x	8.46x	9.7x	5.67%	388.96Cr
ERG S.P.A.	17.68x	6.36x	9.3x	4.72%	377.4Cr
NORTHLAND POWER INC.	-16.01x	4.73x	9.11x	6.22%	350.38Cr
Average	23.50x	8.47x	11.57x	3.55%	1.07TCr
Weighted average by Cap.	32.81x	10.09x	13.22x	2.23%