Adani Green Energy Ltd.

NSE: ADANIGREEN
NIFTY100
Analyst consensus:Constructive· 9 analysts
₹1,366.00+45.8%1Y
Last updated 04:20:40 IST· Public market feed (~15 min delay during market hours)

Adani Green Energy Ltd.: A 30-second snapshot

Adani Green Energy trades at Rs 1,369, up 42.97% over the trailing 12 months but down 3.24% over the past 3 months and 16.09% off its 52-week high. Trailing PE of 131.3x (forward 43.5x) is the highest among 6 tracked Power-sector peers, alongside a debt-to-equity ratio of roughly 3.46x and free cash flow positive in only 1 of the tracked years. Consolidated Q1 FY27 net profit rose 19% YoY to Rs 983 crore, with a mean analyst rating of 1.56 across 9 analysts (1-5 scale, lower = more constructive).

P/E

131.3

Forward P/E

43.5

ROE

Debt / Equity

346.55

Profit Margin

+13.1%

Div. Yield

5Y ROE > 15%

0/5

5Y FCF > 0

1/5

Quality

48/100

Recent context

  • ·A US court dismissed fraud charges against the group's founder, reported August 11.
  • ·Adani Infra purchased a 1% stake in AGEL for Rs 2,380 crore, reported August 4.
  • ·Q1 FY27 consolidated net profit rose 19% YoY to Rs 983 crore; one report the same week flagged an 8.7% EPS miss and a Rs 51 crore standalone loss.

Strengths

  • +5-year revenue growth of 16.6% and 5-year earnings growth of 18.5% reflect continued capacity expansion.
  • +Consolidated Q1 FY27 net profit rose 19% YoY to Rs 983 crore per recent news coverage.
  • +Price remains above its 200-DMA (Rs 1,156.45) and is up 42.97% over the trailing 12 months, despite trading below the 50-DMA.
  • +Mean analyst rating of 1.56 across 9 analysts (1-5 scale, lower = more constructive); Adani Infra separately purchased a 1% AGEL stake for Rs 2,380 crore, reported August 4.

Weaknesses

  • Free cash flow has been positive in only 1 of the tracked years and ROE has not exceeded 15% in any tracked year (consistency score 40/100), despite the reported revenue and earnings growth.
  • Debt-to-equity of approximately 3.46x with a rising debt trend, consistent with ongoing debt-funded capacity build-out.
  • Trailing PE of 131.3x is the highest of 6 tracked Power-sector peers (NTPC 10.3, POWERGRID 13.1, ADANIPOWER 28.3, TATAPOWER 31.5, ADANIENSOL 66.7), while quality score of 36 ranks 3rd of 6.
  • Price is below its 50-DMA (Rs 1,476.75) and 16.09% off its 52-week high; the 3-month price change of -3.24% marks a slowdown from the +42.97% 1-year gain, with RSI at 37.53.

Open questions

  • ?Does the 16.6%/18.5% revenue and earnings growth reflect capacity additions that will eventually convert into positive free cash flow, or does the business remain structurally reliant on continued external financing?
  • ?How does the roughly 3.46x debt-to-equity ratio and rising debt trend compare with the financing structure of other renewable-infrastructure developers at a similar build-out stage?
  • ?What would need to change in tariff realisation, capacity utilisation, or refinancing terms for ROE to move above the 15% threshold it has not yet crossed in any tracked year?
  • ?Given the trailing PE of 131.3x sits well above sector peers, what growth or asset-monetisation assumptions would be needed to justify that premium relative to a quality score of 36?

Peer comparison: Power

Ranks 3 of 6 on quality
SymbolNameP/EROEQuality
ADANIGREENAdani Green Energy Ltd.You're viewing131.336
Industry avgacross 5 peers30.039
ADANIPOWERAdani Power Ltd.28.357
ADANIENSOLAdani Energy Solutions Ltd.66.741
POWERGRIDPower Grid Corporation of India Ltd.13.134
TATAPOWERTata Power Co. Ltd.31.532
NTPCNTPC Ltd.10.329

Technical state

Current price

₹1,369.00

SMA 50

₹1,476.75

SMA 200

₹1,156.45

RSI (14)

37.5 (neutral)

From 52w high

-16.1%

1Y return

+43.0%

3M return

-3.2%

50-DMA

Below

200-DMA

Above

Algorithmic support levels

₹1,350.00
₹1,291.40

Algorithmic resistance levels

₹1,427.00
₹1,471.00
₹1,532.50

Risk flags

  • high
    Free cash flow has been positive in only 1 of the tracked years and ROE has not exceeded 15% in any tracked year (consistency score 40/100), despite reported 5-year revenue growth of 16.6% and 5-year earnings growth of 18.5%. Reported top-line and earnings growth has not yet translated into durable cash generation or sustained equity returns.
  • medium
    Debt-to-equity is approximately 3.46x with the debt trend classified as rising. This is consistent with continued debt-funded capacity build-out typical of a renewable-infrastructure developer, but it leaves limited buffer if tariff realisation or refinancing conditions tighten.
  • medium
    Trailing PE of 131.3 is the highest of 6 tracked Power-sector names (NTPC 10.3, POWERGRID 13.1, ADANIPOWER 28.3, TATAPOWER 31.5, ADANIENSOL 66.7), while the quality score of 36 ranks 3rd of 6 in the same peer set -- valuation sits well ahead of its relative standing on quality metrics within the sector.
  • low
    Price (Rs 1,369) sits below its 50-DMA (Rs 1,476.75) though above its 200-DMA (Rs 1,156.45), and is 16.09% off its 52-week high. The 3-month price change of -3.24% marks a slowdown from the +42.97% gain over the trailing 12 months, with RSI at 37.53.

Cross-section contradictions

  • Mean analyst rating is comparatively constructive at 1.56 across 9 analysts (1-5 scale, lower = more constructive), while trailing PE (131.3) is the highest of 6 tracked Power-sector peers and quality score (36) ranks only 3rd of 6 -- sell-side coverage sits ahead of what relative valuation and quality metrics show.
  • News coverage of Q1 FY27 results emphasises consolidated net profit up 19% YoY to Rs 983 crore, but persistence data shows free cash flow positive in only 1 of the tracked years and ROE never exceeding 15% in any tracked year -- reported earnings growth has not yet shown up as durable cash generation or equity returns.

For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.

Fundamentals & technicals: refreshed 12 Aug 2026 · refreshed daily at 01:00 IST

AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 11 Aug 2026 · rotates through NIFTY 500 every ~5 days