Adani Green Energy Key Ratios
NSE: ADANIGREEN | BSE: 541450
₹1,301.30
As on 04-Sep-2026 15:53IST
Market cap
₹2,14,133 Cr
Revenue (TTM)
₹13,559 Cr
P/E Ratio
120
P/B Ratio
10.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 26.53 | 16.61 | 10.98 | 17.76 | 32.47 |
| EBIT | 48.17 | 30.07 | 17.58 | 25.10 | 33.80 |
| Net Profit | 74.57 | 16.60 | 7.23 | 17.51 | 43.85 |
| EPS | 112.85 | 16.93 | 1.34 | 16.61 | 34.49 |
| Book Value | -- | -- | 121.52 | 46.67 | 84.32 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 57.61 | 54.27 | 59.59 | 57.21 | 56.89 |
| Net Margin
| 13.44 | 11.95 | 12.35 | 12.61 | 15.75 |
| Return on equity
| 20.12 | 27.11 | 10.34 | 14.36 | 26.23 |
| Return on Capital
| 9.92 | 9.21 | -- | 9.90 | 9.75 |
| Return on Assets
| 1.73 | 1.58 | 1.40 | 1.57 | 2.01 |
| Debt to Equity (x)
| -- | -- | 4.40 | 5.24 | 9.49 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
--
|
9.90
|
9.75
|
10.10
|
8.46
|
|
Peer Median
|
--
|
8.69
|
9.29
|
8.17
|
--
|
ROE
10.34
Lower than Peers by 4.37
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
10.34
|
14.36
|
26.23
|
19.75
|
27.52
|
|
Peer Median
|
14.71
|
10.53
|
29.56
|
15.44
|
--
|
ROA
1.40
Lower than Peers by 2.73
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
1.40
|
1.57
|
2.01
|
1.63
|
1.55
|
|
Peer Median
|
4.13
|
2.15
|
5.55
|
2.00
|
--
|
EBIT Margin
59.59
Higher than Peers by 31.72
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
59.59
|
57.21
|
56.89
|
58.73
|
46.69
|
|
Peer Median
|
27.87
|
59.59
|
29.00
|
23.02
|
--
|
Net Margin
12.35
Lower than Peers by 3.35
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
12.35
|
12.61
|
15.75
|
11.98
|
10.64
|
|
Peer Median
|
15.70
|
14.28
|
16.90
|
15.70
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
--
|
41.45
|
40.13
|
34.31
|
29.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
10.98
Lower than Peers by 36.55
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
10.98
|
15.31
|
21.61
|
18.57
|
51.49
|
|
Peer Median
|
47.52
|
42.12
|
82.29
|
139.52
|
--
|
EBIT Growth
17.58
Lower than Peers by 40.94
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
17.58
|
15.94
|
17.80
|
49.13
|
36.45
|
|
Peer Median
|
58.52
|
42.54
|
151.61
|
141.62
|
--
|
Net Profit Growth
7.23
Lower than Peers by 51.19
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
7.23
|
-0.70
|
58.81
|
29.50
|
98.98
|
|
Peer Median
|
58.42
|
32.95
|
101.22
|
167.54
|
--
|
EPS Growth
1.34
Lower than Peers by 4.64
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
1.34
|
10.03
|
31.27
|
12.94
|
96.67
|
|
Peer Median
|
5.98
|
21.26
|
11.45
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
--
|
130.33
|
21.73
|
17.01
|
394.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
4.40
Higher than Peers by 3.96
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
4.40
|
5.24
|
9.49
|
9.37
|
9.23
|
|
Peer Median
|
0.44
|
2.72
|
1.12
|
2.09
|
--
|
Short term debt to equity ratio
0.63
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
0.63
|
0.51
|
0.64
|
0.54
|
0.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.57
Lower than Peers by 0.76
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
0.57
|
0.57
|
0.51
|
0.50
|
0.91
|
|
Peer Median
|
1.33
|
0.97
|
1.27
|
1.10
|
--
|
Quick Ratio
0.56
Lower than Peers by 0.69
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
0.56
|
0.56
|
0.50
|
0.49
|
0.90
|
|
Peer Median
|
1.25
|
1.26
|
2.00
|
1.21
|
--
|
Interest Coverage
1.26
Lower than Peers by 1.35
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
1.26
|
1.24
|
1.38
|
1.33
|
1.41
|
|
Peer Median
|
2.62
|
1.60
|
1.71
|
1.55
|
--
|
Operating Efficiency
Debtors to sales
15.70
Lower than Peers by 7.02
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
15.70
|
16.47
|
13.74
|
14.56
|
28.37
|
|
Peer Median
|
22.72
|
26.57
|
75.51
|
64.85
|
--
|
Asset Turnover
0.11
Lower than Peers by 0.24
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
0.11
|
0.10
|
0.11
|
0.12
|
0.12
|
|
Peer Median
|
0.34
|
0.15
|
0.48
|
0.55
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
--
|
51.79
|
46.91
|
70.23
|
94.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
--
|
3.35
|
6.38
|
6.79
|
1.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
120.03
Higher than Peers by 102.39
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
120.03
|
80.44
|
104.11
|
264.09
|
143.41
|
|
Peer Median
|
17.64
|
120.03
|
69.96
|
66.31
|
--
|
Price / Book Value
10.59
Higher than Peers by 2.07
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
10.59
|
6.89
|
17.95
|
42.22
|
23.76
|
|
Peer Median
|
8.52
|
3.65
|
4.08
|
12.14
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
24.75
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
24.75
|
17.00
|
21.84
|
40.17
|
30.47
|
|
Peer Median
|
--
|
32.27
|
31.23
|
26.54
|
--
|
Market Cap
2,14,133
Higher than Peers by 2,05,170
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Green Energy
|
2,14,133
|
1,32,880
|
1,50,329
|
2,90,497
|
1,39,685
|
|
Peer Median
|
8,963
|
15,830
|
12,411
|
10,148
|
--
|