Adani Green Energy Ltd.
Power · NSE
52-week range
₹765 – ₹1,378
From 52w high
-1.6%
RSI (14)
82.5
vs SMA 50 / 200
↑ 50 · ↑ 200
Adani Green Energy (₹1,355.8) is a large-cap renewable power developer in the NSE Power sector, up 46.9% over the past 12 months and trading 35% above its 200-DMA. The company carries a debt-to-equity ratio of 339.5 — the highest visible in its peer group — and a trailing PE of 140.2, against a ROE of 7.6% and FCF positivity in just 1 of its available historical years.
- ✓Revenue has grown at a 5-year CAGR of 13.1%, and 5-year earnings growth is reported at 280.3%, reflecting the ramp-up of commissioned renewable capacity from a low base.
- ✓The forward PE of 43.8 represents a steep compression from the trailing PE of 140.2, implying the market is pricing in material near-term earnings growth relative to current reported profits.
- ✓The stock received an ESG rating of 87.3 from Care ESG Ratings in April 2026, a data point relevant to investors who screen for sustainability credentials.
- ✓Mean analyst rating of 1.5 across 8 analysts (1–5 scale, lower = more constructive), with a relatively small coverage universe.
- ✗Debt-to-equity of 339.5 is extreme; the debt trend is classified as rising, meaning leverage is increasing even as the business scales — a structural characteristic of capital-heavy greenfield renewable development that amplifies both upside and downside outcomes.
- ✗FCF has been positive in only 1 of the available historical years, and ROE has never exceeded 15% in any historical year on record; the consistency score is 40 out of 100 and the overall quality score is 28 — third-worst among the 6 Power sector peers tracked.
- ✗Trailing PE of 140.2 is the highest in the peer group; ADANIPOWER trades at 34.0 and NTPC at 22.3, meaning ADANIGREEN carries a substantial valuation premium relative to peers on current earnings.
- ✗RSI of 82.5 places the stock in overbought territory following a 42% price gain over the past 3 months; nearest identified support levels are at ₹998, ₹936, and ₹825 — 26% to 39% below the current price.
- ·Q4 FY2026 results were published around 8 May 2026 (Fathom Journal); the substance of those results is not captured in the current news sentiment window, which is limited to 3 articles.
- ·The stock gained 3.1% on 24 April 2026 in a single session, contributing to the broader 42% three-month price move that has taken it near the 52-week high.
- ·Care ESG Ratings assigned an ESG score of 87.3 in April 2026, which may be relevant context for institutional mandates with sustainability screens.
- ?Does the forward PE compression from 140 to 43.8 reflect contracted capacity additions already underway, or is it contingent on project execution timelines that carry delay risk?
- ?At a debt-to-equity of 339.5 with a rising trend, what is the sensitivity of interest coverage to a change in borrowing costs or a delay in power purchase agreement revenues?
- ?How does the 87.3 ESG rating interact with the company's actual carbon and environmental metrics, and does it translate into access to lower-cost green financing that would reduce leverage over time?
- ?Given that 5-year earnings growth of 280% originates from a near-zero profit base, how does the absolute profit level and ROCE compare to the capital deployed over that period?
PE
140.2
Forward PE
43.8
ROE
+7.6%
Profit margin
+12.8%
D/E
339.50
Dividend yield
—
Quality score
28/100
ROE 5y above 15%
0/5 yrs
FCF 5y positive
1/5 yrs
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.Analysis generated 10 May 2026.