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 react cautiously to news that ADANIGREEN's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 37.415844
debtToEquity 354.583000
earningsGrowth 0.620000
revenueGrowth 0.341000
grossMargins 0.844460
operatingMargins 0.598680
trailingEps 10.010000
forwardEps 0.000000

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.
ADANIGREEN's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with ADANIGREEN expected to increase its market presence and profitability.
ADANIGREEN's positive gross and operating margins reflect strong profitability and operational efficiency. These metrics indicate the company's ability to control costs while maintaining healthy revenue, contributing to its solid financial performance.

Price projections:

Price projections for ADANIGREEN
Price projections for ADANIGREEN

Price projections for Adani Green Energy Limited have been revised lower over time, signaling a more cautious outlook from analysts. The gradual downward trend indicates that expectations for the company's growth may be softening.

Recommendation changes over time:

Recommendations trend for ADANIGREEN
Recommendations trend for ADANIGREEN


Analysts have shown a buy bias for ADANIGREEN, marking it as a favorable investment option. This could inspire investors to see ADANIGREEN as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.