Adani Green Energy Limited Share Price & Analysis
Price Chart
Fundamentals
Concerns
- ✗Premium to sector peers (P/E 136x vs industry 51.1x)
- ✗High premium to book value (P/B 12.2x)
- ✗Heavy debt load (D/E 5.2x)
Today's Price Action
The stock closed at ₹1,540.9, unchanged from the prior session. Trading volume registered 18,45,391 shares, exactly matching the 20‑day average, indicating that today's activity is typical for the prevailing liquidity levels.
Valuation Snapshot
The trailing P/E stands at 136, markedly higher than the sector average, which is currently unavailable for comparison. A return on equity of 11.4 % suggests moderate earnings generation relative to the equity base.
Key Levels to Watch
The current price sits roughly midway between the 52‑week low of ₹765 and the high of ₹1,632, implying limited upside distance to the recent peak. Open‑interest data for the
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPOWER Adani Power Limited | ₹217 | ₹4.1L Cr | 32.4 | 6.44 | 21.1 | 17.2 | 0.83 |
| NTPC NTPC Limited | ₹350 | ₹3.3L Cr | 12.2 | 1.67 | 14 | 8.33 | 1.33 |
| POWERGRID Power Grid Corporation of India Limited | ₹289 | ₹2.6L Cr | 16.6 | 2.68 | 16.5 | 9.74 | 1.37 |
| ADANIENSOL Adani Energy Solutions Limited | ₹1,729 | ₹2.1L Cr | 92.3 | 8.16 | 9.44 | 9.65 | 1.93 |
| TATAPOWER Tata Power Company Limited | ₹378 | ₹1.2L Cr | 31.3 | 3.05 | 10.2 | 10.5 | 1.86 |
| JSWENERGY JSW Energy Limited | ₹561 | ₹99K Cr | 45.5 | 3.21 | 7.51 | 8.16 | 2.37 |
| NHPC NHPC Limited | ₹80 | ₹80K Cr | 21.1 | 1.95 | 9.29 | 5.73 | 1.09 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ADANIGREEN · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 56.37% | 56.37% | 57.51% | 60.93% | 60.93% | 60.93% |
| FII | 18.03% | 18.15% | 16.91% | 15.16% | 13.68% | 12.45% |
| DII | 1.50% | 1.55% | 1.46% | 1.45% | 1.73% | 2.40% |
| Public | 24.10% | 23.93% | 24.11% | 22.45% | 23.64% | 24.22% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Annual General Meeting
Annual General Meeting
Latest News
All news →Adani raises $10 billion for capex in one week
*Adani raises $10 billion for capex in one week* — The Adani Group secured **$10 billion** in funding within seven days through a series of debt and equity deals to accelerate its capital expenditure plans. The funds will boost renewable energy, ports, and transmission infrastructure expansion. This strengthens near-term growth outlook across group companies. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIGREEN, ADANITRANS, ADANIPOWER | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
Adani announces ₹2 lakh crore power capex
*Adani announces ₹2 lakh crore power capex*. Gautam Adani unveiled a massive **₹2 lakh crore** capex plan for the power sector during the Adani Group AGM, triggering a positive market reaction. Diamond Power shares rose **2%** on the news, signaling strong investor sentiment. The investment aims to bolster renewable and transmission infrastructure across India. 📊 *STOCKS:* ADANIGREEN, ADANITRANS, ADANIPOWER | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Capex
Adani Group reports record $16B capex, ₹94,834Cr EBITDA in FY26
*Adani Group reports record $16B capex, ₹94,834Cr EBITDA in FY26*. The conglomerate announced a record capital expenditure of **$16 billion** and achieved an all-time high EBITDA of **₹94,834 crore** in FY26. This signals aggressive expansion and strong operational performance across its energy, ports, and infrastructure businesses. Investor focus shifts to debt levels and project execution timelines. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIGREEN, ADANITRANS, ADANIPOWER | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
Adani Group reports highest-ever capex by Indian corporate
*Adani Group reports highest-ever capex by Indian corporate.* The conglomerate has announced a record capital expenditure of **₹4.3 lakh crore** across its portfolio companies, marking the largest capex by any Indian corporate. This massive investment is focused on green energy, ports, transmission, and gas infrastructure. The move signals strong long-term growth ambitions and could influence sectoral F&O activity. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIGREEN, ADANITRANS, ATGL | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
Adani Group market value nears ₹19 trillion
*Adani Group market value nears ₹19 trillion* as stocks recover past losses. The combined market cap has nearly erased all declines since the 2023 Hindenburg report. Key entities like Adani Enterprises and Adani Green Energy surged, reflecting strong investor sentiment. Recovery signals improved confidence in the conglomerate’s fundamentals. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
Adani Group recovers $150 billion market value
*Adani Group recovers $150 billion market value* after losses triggered by the Hindenburg report. Shares surged across major group companies as investor sentiment rebounded strongly. The recovery signals renewed confidence despite ongoing scrutiny. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIPOWER, ADANIGREEN, ADANITRANS, ATGL, APSEZ | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
Adani stocks rally, recovering from Hindenburg crash
*Adani stocks rally, recovering from Hindenburg crash*. The Adani group companies continue their sharp rebound, recouping over **70%** of losses since the January 2023 Hindenburg report. Investor sentiment has turned positive amid strong volume support and corporate actions. The Nifty rose **1.8%**, led by Adani-heavy indices. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
US drops criminal charges against Gautam Adani
*US drops criminal charges against Gautam Adani* — The US Department of Justice has moved to dismiss criminal fraud charges against Adani Group chairman. This marks a significant legal reprieve for the billionaire and his conglomerate. Markets may react positively, especially Adani-linked stocks. The decision could ease ongoing investor concerns. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIPOWER, ADANIGREEN, ADANITRANS, ATGL, AWL | 🏢 *SECTOR:* Corporate | #HIGHIMPACT #Adani
US drops fraud charges against Adani Group
*US drops fraud charges against Adani Group* following a $10 billion investment pledge by billionaire Gautam Adani. The decision marks a major legal reprieve for the conglomerate, which faced allegations tied to a 2023 Hindenburg report. Markets may react positively as sentiment improves around Adani firms. The investment pledge could boost foreign investor confidence. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #legal
US drops Adani fraud charges, $10B investment plan ahead
*US drops fraud charges against Adani amid proposed $10 billion investment plan.* This clears a major legal overhang, boosting investor sentiment. The **$10B** proposed investment signals aggressive expansion plans. Markets may see strong re-rating across Adani group stocks. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIGREEN, ADANITRANS, ADANIPOWER | 🏢 *SECTOR:* Corporate | #HIGHIMPACT #Adani
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.5K Cr ▲33.8% | ₹2.6K Cr ▼13.0% | ₹3.0K Cr ▼20.8% | ₹3.8K Cr ▲23.7% | ₹3.1K Cr ▲31.3% | ₹2.3K Cr ▼22.1% | ₹3.0K Cr ▲7.6% | ₹2.8K Cr |
| Op. Profit | ₹2.9K Cr ▲28.6% | ₹2.2K Cr ▼13.9% | ₹2.6K Cr ▼14.4% | ₹3.0K Cr ▲26.6% | ₹2.4K Cr ▲27.8% | ₹1.9K Cr ▼15.2% | ₹2.2K Cr ▼6.8% | ₹2.4K Cr |
| OPM | 82.0% ▼4.7% | 86.0% ▼1.1% | 87.0% ▲8.8% | 80.0% ▲2.6% | 78.0% ▼2.5% | 80.0% ▲8.1% | 74.0% ▼12.9% | 85.0% |
| Net Profit | ₹514 Cr ▲10180.0% | ₹5 Cr ▼99.2% | ₹644 Cr ▼21.8% | ₹824 Cr ▲115.1% | ₹383 Cr ▼19.2% | ₹474 Cr ▼8.0% | ₹515 Cr ▼18.1% | ₹629 Cr |
| EPS (₹) | 2.41 ▲1064.0% | -0.25 ▼107.1% | 3.54 ▼19.4% | 4.39 ▲202.8% | 1.45 ▼53.4% | 3.11 ▲78.7% | 1.74 ▼38.3% | 2.82 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹12.9K Cr ▲15.3% | ₹11.2K Cr ▲21.6% | ₹9.2K Cr ▲18.3% | ₹7.8K Cr ▲51.8% | ₹5.1K Cr ▲64.3% | ₹3.1K Cr ▲22.6% | ₹2.5K Cr ▲23.9% | ₹2.1K Cr ▲39.1% | ₹1.5K Cr ▲194.8% | ₹502 Cr |
| Expenses | ₹2.1K Cr ▼7.7% | ₹2.3K Cr ▲22.1% | ₹1.9K Cr ▼32.6% | ₹2.8K Cr ▲74.1% | ₹1.6K Cr ▲83.6% | ₹883 Cr ▼19.7% | ₹1.1K Cr ▲106.6% | ₹532 Cr ▼16.5% | ₹637 Cr ▲550.0% | ₹98 Cr |
| Op. Profit | ₹10.8K Cr ▲21.3% | ₹8.9K Cr ▲21.5% | ₹7.3K Cr ▲47.2% | ₹5.0K Cr ▲41.5% | ₹3.5K Cr ▲56.7% | ₹2.2K Cr ▲54.6% | ₹1.4K Cr ▼5.0% | ₹1.5K Cr ▲81.0% | ₹843 Cr ▲109.2% | ₹403 Cr |
| OPM | 83.0% ▲5.1% | 79.0% ▲0.0% | 79.0% ▲23.4% | 64.0% ▼5.9% | 68.0% ▼5.6% | 72.0% ▲26.3% | 57.0% ▼23.0% | 74.0% ▲29.8% | 57.0% ▼28.7% | 80.0% |
| Other Income | ₹1.1K Cr ▼18.5% | ₹1.3K Cr ▲4.3% | ₹1.3K Cr ▲89.2% | ₹667 Cr ▲31.6% | ₹507 Cr ▲31.7% | ₹385 Cr ▲446.8% | ₹-111 Cr ▼252.1% | ₹73 Cr ▲73.8% | ₹42 Cr ▼47.5% | ₹80 Cr |
| Interest | ₹6.5K Cr ▲18.1% | ₹5.5K Cr ▲9.7% | ₹5.0K Cr ▲72.0% | ₹2.9K Cr ▲11.2% | ₹2.6K Cr ▲34.0% | ₹2.0K Cr ▲96.3% | ₹995 Cr ▼11.2% | ₹1.1K Cr ▲103.1% | ₹552 Cr ▲65.3% | ₹334 Cr |
| Depreciation | ₹3.4K Cr ▲35.0% | ₹2.5K Cr ▲31.3% | ₹1.9K Cr ▲46.4% | ₹1.3K Cr ▲53.1% | ₹849 Cr ▲74.7% | ₹486 Cr ▲23.4% | ₹394 Cr ▼62.9% | ₹1.1K Cr ▲95.6% | ₹543 Cr ▲63.1% | ₹333 Cr |
| PBT | ₹2.0K Cr ▼9.7% | ₹2.2K Cr ▲32.6% | ₹1.7K Cr ▲17.2% | ₹1.4K Cr ▲157.9% | ₹553 Cr ▲195.7% | ₹187 Cr ▲474.0% | ₹-50 Cr ▲91.5% | ₹-585 Cr ▼178.6% | ₹-210 Cr ▼14.1% | ₹-184 Cr |
| Tax % | 1.0% ▼90.0% | 10.0% ▼60.0% | 25.0% ▼21.9% | 32.0% ▲166.7% | 12.0% ▲100.0% | 6.0% ▼72.7% | 22.0% ▲215.8% | -19.0% ▲45.7% | -35.0% ▲53.3% | -75.0% |
| Net Profit | ₹2.0K Cr ▼0.7% | ₹2.0K Cr ▲58.8% | ₹1.3K Cr ▲29.5% | ₹973 Cr ▲99.0% | ₹489 Cr ▲168.7% | ₹182 Cr ▲367.6% | ₹-68 Cr ▲85.7% | ₹-475 Cr ▼244.2% | ₹-138 Cr ▼193.6% | ₹-47 Cr |
| EPS (₹) | 10.03 ▲10.0% | 9.12 ▲31.4% | 6.94 ▲12.8% | 6.15 ▲96.5% | 3.13 ▲133.6% | 1.34 ▲993.3% | -0.15 ▲95.0% | -3.03 ▼203.0% | -1 ▼170.3% | -0.37 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹1.6K Cr ▲4.0% | ₹1.6K Cr ▲0.0% | ₹1.6K Cr ▲0.0% | ₹1.6K Cr ▲1.3% | ₹1.6K Cr ▲0.0% | ₹1.6K Cr ▲0.0% | ₹1.6K Cr ▲0.0% | ₹1.6K Cr ▲0.0% | ₹1.6K Cr ▲22.8% | ₹1.3K Cr |
| Reserves | ₹18.3K Cr ▲73.6% | ₹10.6K Cr ▲27.9% | ₹8.3K Cr ▲44.2% | ₹5.7K Cr ▲444.8% | ₹1.1K Cr ▲65.1% | ₹636 Cr ▼19.7% | ₹792 Cr ▲114.6% | ₹369 Cr ▲265.5% | ₹-223 Cr ▼214.1% | ₹-71 Cr |
| Borrowings | ₹1.0L Cr ▲29.4% | ₹80.0K Cr ▲23.4% | ₹64.9K Cr ▲19.6% | ₹54.2K Cr ▲2.6% | ₹52.8K Cr ▲118.2% | ₹24.2K Cr ▲62.8% | ₹14.9K Cr ▲33.4% | ₹11.1K Cr ▲13.0% | ₹9.9K Cr ▲126.9% | ₹4.3K Cr |
| Other Liabilities | ₹19.5K Cr ▲4.8% | ₹18.6K Cr ▲38.8% | ₹13.4K Cr ▲148.9% | ₹5.4K Cr ▲53.4% | ₹3.5K Cr ▲53.7% | ₹2.3K Cr ▲90.1% | ₹1.2K Cr ▼24.1% | ₹1.6K Cr ▼64.9% | ₹4.5K Cr ▲638.2% | ₹610 Cr |
| Total Liabilities | ₹1.4L Cr ▲29.1% | ₹1.1L Cr ▲25.7% | ₹88.1K Cr ▲31.7% | ₹66.9K Cr ▲13.5% | ₹59.0K Cr ▲105.5% | ₹28.7K Cr ▲55.7% | ₹18.4K Cr ▲25.7% | ₹14.7K Cr ▼6.7% | ₹15.7K Cr ▲155.0% | ₹6.2K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.0L Cr ▲27.8% | ₹79.9K Cr ▲28.3% | ₹62.3K Cr ▲28.9% | ₹48.3K Cr ▲69.9% | ₹28.5K Cr ▲73.2% | ₹16.4K Cr ▲30.9% | ₹12.6K Cr ▲20.9% | ₹10.4K Cr ▲13.9% | ₹9.1K Cr ▲110.1% | ₹4.3K Cr |
| CWIP | ₹19.0K Cr ▲31.4% | ₹14.5K Cr ▲125.3% | ₹6.4K Cr ▲21.5% | ₹5.3K Cr ▼73.4% | ₹19.9K Cr ▲347.0% | ₹4.5K Cr ▲268.5% | ₹1.2K Cr ▲62.6% | ₹743 Cr ▼56.9% | ₹1.7K Cr ▲546.1% | ₹267 Cr |
| Investments | ₹3.0K Cr ▲8.7% | ₹2.7K Cr ▲81.1% | ₹1.5K Cr ▲31.9% | ₹1.1K Cr ▲100.2% | ₹574 Cr ▲14.3% | ₹502 Cr ▲5.2% | ₹477 Cr ▲519.5% | ₹77 Cr ▼11.5% | ₹87 Cr ▲234.6% | ₹26 Cr |
| Other Assets | ₹18.8K Cr ▲38.2% | ₹13.6K Cr ▼23.7% | ₹17.9K Cr ▲47.2% | ₹12.1K Cr ▲21.0% | ₹10.0K Cr ▲37.2% | ₹7.3K Cr ▲74.6% | ₹4.2K Cr ▲21.3% | ₹3.4K Cr ▼27.8% | ₹4.8K Cr ▲213.2% | ₹1.5K Cr |
| Total Assets | ₹1.4L Cr ▲29.1% | ₹1.1L Cr ▲25.7% | ₹88.1K Cr ▲31.7% | ₹66.9K Cr ▲13.5% | ₹59.0K Cr ▲105.5% | ₹28.7K Cr ▲55.7% | ₹18.4K Cr ▲25.7% | ₹14.7K Cr ▼6.7% | ₹15.7K Cr ▲155.0% | ₹6.2K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹10.1K Cr ▲21.2% | ₹8.4K Cr ▲8.4% | ₹7.7K Cr ▲6.2% | ₹7.3K Cr ▲137.4% | ₹3.1K Cr ▲91.1% | ₹1.6K Cr ▼18.5% | ₹2.0K Cr ▲20.9% | ₹1.6K Cr ▲150.4% | ₹649 Cr ▲2217.9% | ₹28 Cr |
| Investing CF | ₹-26.2K Cr ▼32.3% | ₹-19.8K Cr ▲5.8% | ₹-21.1K Cr ▼446.0% | ₹-3.9K Cr ▲79.3% | ₹-18.7K Cr ▼104.3% | ₹-9.1K Cr ▼144.1% | ₹-3.7K Cr ▼40.4% | ₹-2.7K Cr ▲39.8% | ₹-4.4K Cr ▼193.1% | ₹-1.5K Cr |
| Financing CF | ₹15.6K Cr ▲29.4% | ₹12.1K Cr ▼13.5% | ₹14.0K Cr ▲569.3% | ₹-3.0K Cr ▼118.6% | ₹16.0K Cr ▲125.7% | ₹7.1K Cr ▲227.8% | ₹2.2K Cr ▲106.8% | ₹1.0K Cr ▼73.5% | ₹3.9K Cr ▲152.9% | ₹1.6K Cr |
| Net Cash Flow | ₹-477 Cr ▼179.0% | ₹604 Cr ▼0.3% | ₹606 Cr ▲39.3% | ₹435 Cr ▲13.6% | ₹383 Cr ▲184.5% | ₹-453 Cr ▼218.3% | ₹383 Cr ▲12666.7% | ₹3 Cr ▼98.1% | ₹162 Cr ▲113.2% | ₹76 Cr |
| Free Cash Flow | ₹-15.9K Cr ▲3.3% | ₹-16.4K Cr ▼105.3% | ₹-8.0K Cr ▼303.4% | ₹3.9K Cr ▲133.5% | ₹-11.7K Cr ▼159.0% | ₹-4.5K Cr ▼216.5% | ₹-1.4K Cr ▼15.0% | ₹-1.2K Cr ▲66.9% | ₹-3.8K Cr ▼323.3% | ₹-889 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60d ▲20.0% | 50d ▼5.7% | 53d ▼48.5% | 103d ▼20.2% | 129d ▼8.5% | 141d ▲33.0% | 106d ▼20.9% | 134d ▼35.9% | 209d ▼14.7% | 245d |
| Inventory Days | — | — | — | — | — | — | — | 383d | — | — |
| Days Payable | — | — | — | — | — | — | — | 455d | — | — |
| Cash Conv. Cycle | 60d ▲20.0% | 50d ▼5.7% | 53d ▼48.5% | 103d ▼20.2% | 129d ▼8.5% | 141d ▲33.0% | 106d ▲68.3% | 63d ▼69.9% | 209d ▼14.7% | 245d |
| Working Capital Days | -369d ▲15.4% | -436d ▲51.8% | -905d ▼417.1% | -175d ▲69.4% | -572d ▼40.5% | -407d ▼110.9% | -193d ▼6.0% | -182d ▲73.2% | -678d ▼211.0% | -218d |
| ROCE | 7.0% ▼22.2% | 9.0% ▼10.0% | 10.0% ▲25.0% | 8.0% ▲0.0% | 8.0% ▼20.0% | 10.0% ▲25.0% | 8.0% ▲100.0% | 4.0% ▲0.0% | 4.0% ▲100.0% | 2.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Adani Green Energy Limited
Adani Green Energy Limited, incorporated in 2015, is a holding company of several subsidiaries carrying business of renewable power generation within the group and is primarily involved in renewable power generation and other ancillary activities. [1]
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