ADANIGREEN

Adani Green Energy Share PriceAdani Green Energy

₹1,530.00
-20.3 (-1.31%)
As on 12 December, 2023 | 04:25 BSE: 541450 NSE: ADANIGREENISIN: INE364U01010

Adani Green Energy Performance

Day Range

  • Low 1,475.00
  • High 1,579.00
₹ 1,530.00

52 Week Range

  • Low 439.10
  • High 2,185.00
₹ 1,530.00
  • Open Price1,554.40
  • Previous Close1,550.30
  • Volume2705685

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Adani Green Energy Share Price

  • Over 1 Month 62.99%
  • Over 3 Month 50.79%
  • Over 6 Month 58.77%
  • Over 1 Year -25.49%

Adani Green Energy Key Statistics

P/E Ratio 185.7
PEG Ratio 1.3
Market Cap Cr 242,357
Price to Book Ratio 40.9
EPS -1.6
Dividend 0
Relative Strength Index 79.88
Money Flow Index 85.03
MACD Signal 88.49
Average True Range 87.77

Adani Green Energy Investment Rating

  • Master Rating:
  • Adani Green Energy has an operating revenue of Rs. 8,967.00 Cr. on a trailing 12-month basis. An annual revenue growth of 55% is outstanding, Pre-tax margin of 18% is great, ROE of 16% is good. The company has a high debt to equity of 827%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 56% and 65% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 29% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 98 which is a GREAT score indicating consistency in earnings, a RS Rating of 76 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 21 indicates it belongs to a strong industry group of Energy-Alternative/Other and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Adani Green Energy Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,9176911,6329182,9122,1672,109
Operating Expenses Qtr Cr 1,9187061,5319552,9782,3082,098
Operating Profit Qtr Cr -1-15101-37-66-14111
Depreciation Qtr Cr 13333322
Interest Qtr Cr 364310409222154107288
Tax Qtr Cr 1819-4-100-54
Net Profit Qtr Cr -259-205-240-127-93132-116
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8,40911,161
Operating Expenses Annual Cr 7,77210,550
Operating Profit Annual in Cr -143122
Depreciation Cr 117
Interest Annual Cr 892775
Tax Annual Cr -5-72
Net Profit Annual Cr -328-58
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 5,0031,455
Cash from Investing Activity Annual Cr -2,491-12,488
Cash from Financing Annual Activity Cr -2,01311,028
Net Cash Flow Annual Cr 499-5
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4,9071,520
Fixed Assets Annual Cr 99982
Total Non Current Assets Annual Cr 24,72020,838
Total Current Assets Annual Cr 3,9447,125
Total Assets Annual Cr 28,66427,963
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3110
ROE Annual % -7-4
ROCE Annual % 33
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 86
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,2202,1762,5981,9731,5861,6351,461
Operating Expenses Qtr Cr 521953341,120720687489
Operating Profit Qtr Cr 1,6992,0812,264853866948972
Depreciation Qtr Cr 474451392330298280274
Interest Qtr Cr 1,1651,3931,338617498458667
Tax Qtr Cr 11914230763245921
Net Profit Qtr Cr 372322508103149214121
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8,6335,577
Operating Expenses Annual Cr 2,8611,623
Operating Profit Annual in Cr 4,9313,510
Depreciation Cr 1,300849
Interest Annual Cr 2,9112,617
Tax Annual Cr 45364
Net Profit Annual Cr 974489
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 7,2653,060
Cash from Investing Activity Annual Cr -3,857-19,281
Cash from Financing Annual Activity Cr -2,97315,986
Net Cash Flow Annual Cr 435-235
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 5,8801,190
Fixed Assets Annual Cr 53,62448,348
Total Non Current Assets Annual Cr 59,55352,979
Total Current Assets Annual Cr 7,8086,188
Total Assets Annual Cr 67,36159,167
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 378
ROE Annual % 1741
ROCE Annual % 87
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 7477

Adani Green Energy Technicals

EMA & SMA

Current Price
₹1,530.00
-20.3 (-1.31%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,196.64
  • 50 Day
  • ₹1,064.73
  • 100 Day
  • ₹1,027.88
  • 200 Day
  • ₹1,101.59
  • 20 Day
  • ₹1,112.08
  • 50 Day
  • ₹1,003.73
  • 100 Day
  • ₹1,003.26
  • 200 Day
  • ₹938.93

Adani Green Energy Resistance and Support

PIVOT
₹1,528.
Resistance
First Resistance 1,581.00
Second Resistance 1,632.00
Third Resistance 1,685.00
RSI 79.88
MFI 85.03
MACD Single Line 88.49
MACD 153.99
Support
First Resistance 1,477.00
Second Resistance 1,424.00
Third Resistance 1,373.00

Adani Green Energy Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,088,526 116,035,922 37.57
Week 12,024,639 326,829,683 27.18
1 Month 4,803,361 132,044,402 27.49
6 Month 3,462,357 188,352,208 54.4

Adani Green Energy Result Highlights

Adani Green Energy Synopsis

NSE-Energy-Alternative/Other

Adani Green Energy is involved in the business activities of Electric power generation using solar energy. Company’s Total Operating Revenue is Rs. 7629.00 Cr. and Equity Capital is Rs. 1584.00 Cr. for the Year ended 31/03/2023. Adani Green Energy Ltd. is a Public Limited Listed company incorporated on 23/01/2015 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L40106GJ2015PLC082007 and registration number is 082007.
Market Cap 242,357
Sales 5,158
Shares in Float 69.70
No of funds 608
Yield
Book Value 49.39
U/D Vol ratio 1.5
LTDebt / Equity 226
Alpha -0.06
Beta 1.84

Adani Green Energy

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 56.26%56.27%57.26%60.75%
Mutual Funds 0.13%0.11%0.09%0.12%
Insurance Companies 1.36%1.36%1.36%1.28%
Foreign Portfolio Investors 18.16%18.25%17.13%15.14%
Financial Institutions/ Banks
Individual Investors 2.62%2.59%2.78%1.44%
Others 21.47%21.42%21.38%21.27%

Adani Green Energy Management

Name Designation
Mr. Gautam S Adani Chairman
Mr. Vneet S Jaain Managing Director & CEO
Mr. Sagar R Adani Executive Director
Mr. Rajesh S Adani Director
Mr. Dinesh Hasmukhrai Kanabar Independent Director
Mr. Raminder Singh Gujral Independent Director
Mr. Romesh Sobti Independent Director
Mrs. Ahlem Friga-Noy Nominee Director

Adani Green Energy Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Adani Green Energy Corporate Action

Date Purpose Remarks
2023-10-30 Quarterly Results
2023-07-31 Quarterly Results
2023-07-06 Preferential Issue of shares
2023-05-24 Preferential issue of shares (Revised)
2023-05-01 Audited Results

Adani Green Energy MF Shareholding

Name Amount(cr)
Nippon India ETF Nifty Next 50 Junior BeES 3,590
ICICI Prudential Nifty Next 50 Index Fund Growth 2,991
UTI Nifty Next 50 Index Fund Regular Growth 2,478
Quant Flexi Cap Fund Growth 2,458
SBI Nifty Next 50 ETF 1,639

About Adani Green Energy

Adani Green Energy Limited (AGEL) is established as one of the largest renewable energy companies in India. The company is engaged in the production of renewable energy and other ancillary operations. It designs, constructs, owns, runs, and maintains utility-scale solar power, wind power, hybrid projects, and solar parks that are grid-connected.

The company has an active project portfolio with a total capacity of 20,434 MW. AGEL is an integral element of the Adani Group's objective i.e. to make India's future brighter, cleaner, and greener. The company is also driven by the philosophy of "Growth with Goodness". While the electricity that is generated by AGEL projects are provided to governmental institutions on both the federal and state levels, as well as enterprises backed by the government.

AGEL has signed 25-year Power Purchase Agreements (PPAs) with central and state government entities. The Company uses cutting-edge technology in its projects. AGEL is driving India's renewable energy journey with a portfolio of 54 operational projects and 12 under construction

Adani Green Energy FAQs

What is Share Price of Adani Green Energy ?

Adani Green Energy share price is ₹1,530 As on 12 December, 2023 | 04:11

What is the Market Cap of Adani Green Energy ?

The Market Cap of Adani Green Energy is ₹242357 Cr As on 12 December, 2023 | 04:11

What is the P/E ratio of Adani Green Energy ?

The P/E ratio of Adani Green Energy is 185.7 As on 12 December, 2023 | 04:11

What is the PB ratio of Adani Green Energy ?

The PB ratio of Adani Green Energy is 40.9 As on 12 December, 2023 | 04:11

Is Adani Green Energy a good investment?

Adani Green Energy has an operating revenue of Rs.4,006.65 Cr. on a trailing 12-month basis. Annual revenue growth of 37% is outstanding, Pre-tax margin of 6% is okay. Adani Green Energy has a high debt to equity of 2293%, which can be a reason to worry.

What is the stock price CAGR of Adani Green Energy?

The stock price CAGR of Adani Green Energy for 3 Years is 231% and for 1 Year is 49%.

What is the ROE of Adani Green Energy?

The ROE of Adani Green Energy is 24% which is exceptional.

Who is the CEO of Adani Green Energy?

Mr. Vneet S. Jaain is the Managing Director and CEO of Adani Green Energy Limited. He has been associated with the Adani Group for over 15 years.

How many times has Adani Green Energy given dividends?

Adani Green Energy Ltd. has not given any dividends since Jan 1, 2000.

Who is the largest competitor of Adani Green?

KPI Green Energy ltd. is usually compared with Adani Green by the investors

How to buy Adani Green Energy Shares?

The company's shares can be bought online or offline by opening a Demat account with 5Paisa and verifying the KYC documents.

Is Adani Energy a good buy?

Adani Green Energy is currently said to be overvalued. The fundamentals of the company are whatsoever not very strong. However, the demand for the stock is still high. If your risk appetite is high you may consider investing in this stock.  

What was the company's most recent reported net income?

It recorded a total sales of Rs. 5,133 crores in FY22,while its reported net profit was Rs. 489 crores during the same period.

Q2FY23