About
Adani Green Energy Limited generates and supplies renewable energy to central and state government entities and government backed corporations in India. The company develops, builds, owns, operates, and maintains power plants through renewable sources, such as solar, wind, and hybrid. It operates solar power plants with an operational capacity of 10,103 megawatts (MW); wind power plants with an operational capacity of 2,140 MW; and hybrid power plants with an operational capacity of 2,140 MW. Adani Green Energy Limited was incorporated in 2015 and is headquartered in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap214,347 Cr
P/E111.00
Div Yield0.00 %
Book Value₹121.00
52w High₹1,632.00
52w Low₹765.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,206.00 | 6,249.00 | 3,355.00 | 3,947.00 | 4,789.00 | 6,461.00 | 5,922.00 | 3,887.00 | 3,343.00 | 7,304.00 | 2,089.00 | 1,917.00 | 691.00 |
| Expenses | 6,134.00 | 6,080.00 | 3,210.00 | 3,526.00 | 4,584.00 | 6,157.00 | 5,147.00 | 3,583.00 | 3,215.00 | 7,177.00 | 2,000.00 | 1,922.00 | 697.00 |
| Operating Profit | 72.00 | 169.00 | 145.00 | 421.00 | 205.00 | 304.00 | 775.00 | 304.00 | 128.00 | 127.00 | 89.00 | -5.00 | -6.00 |
| OPM % | 1.20 | 2.70 | 4.30 | 11.00 | 4.30 | 4.70 | 13.00 | 8.00 | 3.80 | 1.70 | 4.30 | -0.30 | -0.90 |
| Other Income | 266.00 | 190.00 | 281.00 | 251.00 | 196.00 | 253.00 | 239.00 | 273.00 | 299.00 | 166.00 | 415.00 | 141.00 | 133.00 |
| Depreciation | 35.00 | 30.00 | 27.00 | 23.00 | 23.00 | 18.00 | 15.00 | 13.00 | 20.00 | 10.00 | 4.00 | 13.00 | 3.00 |
| Interest | 389.00 | 355.00 | 317.00 | 318.00 | 342.00 | 368.00 | 426.00 | 474.00 | 482.00 | 470.00 | 377.00 | 364.00 | 310.00 |
| Profit before tax | -86.00 | -26.00 | 82.00 | 331.00 | 36.00 | 171.00 | 573.00 | 90.00 | -75.00 | -187.00 | 123.00 | -241.00 | -186.00 |
| Tax % | -41.00 | -150.00 | 0.00 | -44.00 | 6.00 | 51.00 | 3.00 | -10.00 | 19.00 | 4.00 | 8.00 | 7.00 | 10.00 |
| Net Profit | -51.00 | 13.00 | 82.00 | 475.00 | 34.00 | 83.00 | 557.00 | 99.00 | -89.00 | -195.00 | 113.00 | -259.00 | -205.00 |
| EPS in Rs | -0.31 | 0.08 | 0.50 | 2.88 | 0.21 | 0.52 | 3.52 | 0.62 | -0.56 | -1.23 | 0.71 | -1.64 | -1.29 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18,340.00 | 19,613.00 | 12,001.00 | 7,629.00 | 10,672.00 | 2,473.00 | 1,247.00 | 318.00 | 1,719.00 | 10.00 | 0.00 |
| Expenses | 17,386.00 | 18,078.00 | 11,767.00 | 7,772.00 | 10,550.00 | 2,444.00 | 1,288.00 | 363.00 | 1,697.00 | 30.00 | 0.00 |
| Operating Profit | 954.00 | 1,535.00 | 234.00 | -143.00 | 122.00 | 29.00 | -41.00 | -45.00 | 21.00 | -20.00 | 0.00 |
| OPM % | 5.00 | 8.00 | 1.90 | -1.90 | 1.10 | 1.20 | -3.30 | -14.00 | 1.20 | -203.00 | — |
| Other Income | 904.00 | 1,037.00 | 826.00 | 713.00 | 530.00 | 656.00 | 333.00 | 303.00 | 67.00 | 8.00 | 0.00 |
| Interest | 1,332.00 | 1,749.00 | 1,521.00 | 892.00 | 775.00 | 258.00 | 214.00 | 288.00 | 131.00 | 27.00 | 1.00 |
| Depreciation | 103.00 | 61.00 | 30.00 | 11.00 | 7.00 | 4.00 | 3.00 | 8.00 | 9.00 | 10.00 | 0.00 |
| Profit before tax | 423.00 | 762.00 | -491.00 | -333.00 | -130.00 | 423.00 | 75.00 | -39.00 | -52.00 | -49.00 | -1.00 |
| Tax % | -43.00 | 14.00 | 11.00 | -2.00 | -55.00 | 14.00 | -79.00 | -11.00 | -11.00 | 0.00 | 0.00 |
| Net Profit | 604.00 | 654.00 | -546.00 | -328.00 | -58.00 | 364.00 | 134.00 | -35.00 | -46.00 | -49.00 | -1.00 |
| EPS in Rs | 3.67 | 4.13 | -3.45 | -2.07 | -0.37 | 2.33 | 0.86 | -0.22 | -0.34 | -0.39 | -0.06 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,647.00 | 1,584.00 | 1,584.00 | 1,584.00 | 1,564.00 | 1,564.00 | 1,564.00 | 1,564.00 | 1,564.00 | 1,274.00 | 160.00 |
| Reserves | 13,243.00 | 6,628.00 | 5,914.00 | 4,072.00 | 705.00 | 906.00 | 624.00 | 594.00 | -120.00 | -50.00 | -1.00 |
| Borrowings | 22,558.00 | 20,244.00 | 22,922.00 | 13,591.00 | 17,289.00 | 5,310.00 | 2,062.00 | 2,363.00 | 3,487.00 | 549.00 | 65.00 |
| Other Liabilities | 14,507.00 | 13,411.00 | 10,963.00 | 9,417.00 | 8,405.00 | 6,517.00 | 2,145.00 | 890.00 | 396.00 | 8.00 | 52.00 |
| Total Liabilities | 51,955.00 | 41,867.00 | 41,383.00 | 28,664.00 | 27,963.00 | 14,297.00 | 6,395.00 | 5,412.00 | 5,327.00 | 1,781.00 | 276.00 |
| Fixed Assets | 3,384.00 | 1,501.00 | 877.00 | 614.00 | 74.00 | 67.00 | 62.00 | 62.00 | 69.00 | 78.00 | 87.00 |
| CWIP | 953.00 | 669.00 | 217.00 | 385.00 | 8.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 |
| Investments | 28,995.00 | 23,747.00 | 22,995.00 | 20,755.00 | 17,839.00 | 2,920.00 | 682.00 | 2,030.00 | 1,530.00 | 1,354.00 | 165.00 |
| Other Assets | 18,623.00 | 15,950.00 | 17,294.00 | 6,910.00 | 10,042.00 | 11,309.00 | 5,650.00 | 3,319.00 | 3,728.00 | 349.00 | 24.00 |
| Total Assets | 51,955.00 | 41,867.00 | 41,383.00 | 28,664.00 | 27,963.00 | 14,297.00 | 6,395.00 | 5,412.00 | 5,327.00 | 1,781.00 | 276.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2,700.00 | 552.00 | -2,482.00 | 5,003.00 | 1,455.00 | -718.00 | 1,490.00 | 534.00 | -663.00 | -24.00 | 0.00 |
| Cash from Investing Activity | -7,461.00 | 4,581.00 | -7,393.00 | -2,491.00 | -12,488.00 | -2,274.00 | -896.00 | 185.00 | -2,242.00 | -1,541.00 | -224.00 |
| Cash from Financing Activity | 4,266.00 | -4,896.00 | 9,754.00 | -2,013.00 | 11,028.00 | 2,807.00 | -503.00 | -649.00 | 2,937.00 | 1,571.00 | 225.00 |
| Net Cash Flow | -495.00 | 237.00 | -121.00 | 499.00 | -5.00 | -185.00 | 91.00 | 71.00 | 31.00 | 6.00 | 0.00 |
| Free Cash Flow | 1,220.00 | -817.00 | -2,692.00 | 4,595.00 | 1,436.00 | -728.00 | 1,487.00 | 518.00 | -679.00 | -55.00 | -55.00 |
| CFO/OP % | 282.00 | 38.00 | -1,042.00 | -3,493.00 | 1,195.00 | -2,483.00 | -3,659.00 | -1,196.00 | -3,078.00 | 114.00 | -77.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53.00 | 82.00 | 74.00 | 53.00 | 31.00 | 377.00 | 27.00 | 361.00 | 189.00 | 189.00 |
| Inventory Days | — | — | — | 145.00 | — | — | — | — | — | — |
| Days Payable | — | — | — | 60.00 | — | — | — | — | — | — |
| Cash Conversion Cycle | 53.00 | 82.00 | 74.00 | 139.00 | 31.00 | 377.00 | 27.00 | 361.00 | 189.00 | 189.00 |
| Working Capital Days | -172.00 | -121.00 | -356.00 | -127.00 | -62.00 | -537.00 | 275.00 | 1,872.00 | 395.00 | 7,202.00 |
| ROCE % | 6.00 | 9.00 | 5.00 | 3.00 | 4.00 | 9.00 | 7.00 | 5.00 | 2.00 | -2.00 |
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 14 Jun 2024 | — | — | — | Annual General Meeting |
| Other | 11 Jul 2023 | — | — | — | Annual General Meeting |
| Other | 18 Jul 2022 | — | — | — | Annual General Meeting |
| Other | 02 Jul 2021 | — | — | — | Annual General Meeting |
| Other | 16 Jun 2020 | — | — | — | Annual General Meeting |
| Other | 29 Jul 2019 | — | — | — | Annual General Meeting |
| Other | 27 Jul 2018 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update3 Sep from care
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Rating update14 May from crisil
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Rating update28 Oct 2025 from crisil
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Rating update15 Sep 2025 from crisil
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Rating update15 Sep 2025 from fitch
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Rating update25 Aug 2025 from care
Conference Calls
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