Valuation Adani Green Energy Limited

Equities

Market Closed - NSE India S.E. Other stock markets 06:49:44 2025-12-05 am EST			5-day change	1st Jan Change
1,017.70 ^INR	+0.42%		-2.91%	-2.21%

Dec. 04	Diamond Power Infrastructure receives order from Adani Green Energy worth 7.48 billion rupees	RE
Dec. 03	India's clean energy firms seek better weather data as rules tighten	RE

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	1,676,331	-	-
Change	-	-53.39%	108.27%	-48.31%	11.56%	-	-
Enterprise Value (EV) ¹	2,994,618	1,395,770	2,906,937	2,254,122	2,530,068	2,711,264	2,861,598
Change	-	-53.39%	108.27%	-22.46%	12.24%	7.16%	5.54%
P/E ratio	794x	163x	296x	113x	74.9x	40.1x	31.2x
PBR	-	-	-	14x	8.12x	7.11x	6x
PEG	-	1x	20.3x	3.2x	1.2x	0.5x	1.1x
Capitalization / Revenue	-	16.2x	27.8x	13.4x	11.3x	8.75x	7.21x
EV / Revenue	-	16.2x	27.8x	20.1x	17.1x	14.2x	12.3x
EV / EBITDA	-	22x	34x	25.4x	20.6x	16.8x	14.4x
EV / EBIT	-	-	53.9x	35.3x	28.1x	22.2x	18.9x
EV / FCF	-	35.5x	-36.4x	-13.7x	-17.2x	-26.3x	-48.7x
FCF Yield	-	2.81%	-2.75%	-7.27%	-5.82%	-3.81%	-2.05%
Dividend per Share ²	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-
EPS ²	2.41	5.41	6.2	8.37	13.58	25.4	32.63
Distribution rate	-	-	-	-	-	-	-
Net sales ¹	-	86,330	104,600	112,120	148,070	191,545	232,638
EBITDA ¹	-	63,310	85,580	88,880	122,911	161,536	198,106
EBIT ¹	-	-	53,940	63,900	89,892	121,883	151,176
Net income ¹	4,890	9,740	12,600	14,440	23,942	39,623	49,604
Net Debt ¹	-	-	-	751,430	853,737	1,034,933	1,185,267
Reference price ²	1,914.70	881.15	1,835.15	948.65	1,017.70	1,017.70	1,017.70
Nbr of stocks (in thousands)	1,564,014	1,584,032	1,584,032	1,584,032	1,647,176	-	-
Announcement Date	5/4/22	5/1/23	5/3/24	4/28/25	-	-	-

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	74.62x	17.04x	20.53x	-.--%	18.58B
HUANENG LANCANG RIVER HYDROPOWER INC.	19.97x	10.1x	12.93x	2.31%	25.37B
EDP RENOVÁVEIS, S.A.	38.52x	7.99x	11.09x	0.93%	14.49B
ENGIE BRASIL ENERGIA S.A.	12.92x	5.37x	8.67x	5.12%	6.73B
CLEARWAY ENERGY, INC.	39.34x	8.66x	9.95x	5.53%	4B
ERG S.P.A.	17.54x	6.33x	9.23x	4.75%	3.75B
NORTHLAND POWER INC.	-14.54x	4.84x	9.31x	6.69%	3.24B
Average	26.91x	8.62x	11.67x	3.62%	10.88B
Weighted average by Cap.	35.64x	10.49x	13.56x	2.21%