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 revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 0.569000
forwardPE 49.937332
debtToEquity 346.548000
earningsGrowth 2.098000
revenueGrowth 0.143000
grossMargins 0.914650
operatingMargins 0.596860
trailingEps 9.610000
forwardEps 30.556300

ADANIGREEN's current ratio being 0.569 suggests its cash reserves and current assets may not be adequate to cover short-term debt. This raises concerns about liquidity, indicating that ADANIGREEN might face challenges in meeting its immediate financial commitments.
ADANIGREEN's high debt-to-equity ratio signals that the company is heavily leveraged. This suggests ADANIGREEN may be relying more on debt than equity to finance its operations, which could expose the company to greater financial risk in challenging economic conditions.
ADANIGREEN's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with ADANIGREEN expected to continue increasing its profits and revenue in the coming periods.
With positive gross and operating margins, ADANIGREEN's profitability is evident. These metrics suggest the company is efficiently managing its expenses while maintaining strong revenue, highlighting a solid financial foundation.
ADANIGREEN's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.

Price projections:

Price projections for ADANIGREEN
Price projections for ADANIGREEN

Price projections for ADANIGREEN have consistently been revised upward, suggesting that analysts are increasingly optimistic about the company's performance. This trend reflects a positive outlook for ADANIGREEN's future.

Recommendation changes over time:

Recommendations trend for ADANIGREEN
Recommendations trend for ADANIGREEN


The recent buy bias for Adani Green Energy Limited from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see Adani Green Energy Limited as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.