ADANI GREEN ENERGY SHARES DECLINE 2.20% TO RS 1,509.80
Adani Green Energy Limited shares declined by 2.20% to Rs 1,509.80 at 3:26 pm on Friday. The stock is a constituent of the Nifty Next 50 index.
Financial Performance
Adani Green Energy Limited has demonstrated robust financial performance over recent periods. For the quarter-ending March 2026, the company reported a consolidated revenue of Rs 3,502 Crore, representing a significant increase compared to Rs 3,073 Crore in the quarter-ending March 2025. This marks a growth of approximately 13.96% in revenue quarter-over-quarter. The consolidated Net Profit for the quarter-ending March 2026 stood at Rs 432 Crore. This is a substantial recovery from a net loss of Rs 98 Crore in the quarter-ending December 2025 and a notable increase from Rs 292 Crore in the quarter-ending March 2025, indicating a quarter-over-quarter profit growth of approximately 47.95%. The Earnings Per Share (EPS) for the quarter-ending March 2026 was Rs 2.33, an increase from Rs 1.26 in the quarter-ending March 2025, reflecting a growth of approximately 84.92%.
On an annual consolidated basis, Adani Green Energy Limited's revenue has shown consistent growth, climbing from Rs 5,133 Crore in the year-ending March 2022 to Rs 12,928 Crore in the year-ending March 2026. This represents an impressive increase of approximately 151.86% over four years. Net Profit followed a similar upward trajectory, increasing from Rs 488 Crore in the year-ending March 2022 to Rs 1,570 Crore in the year-ending March 2026, a rise of approximately 221.72%. Annual EPS also improved from Rs 2.41 in the year-ending March 2022 to Rs 9.65 in the year-ending March 2026, marking an increase of approximately 300.41%.
Annual Income Statement (Consolidated)
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Sales (Rs Crore) | 12,928 | 11,212 | 9,220 | 7,792 | 5,133 |
| Other Income (Rs Crore) | 891 | 1,210 | 1,240 | 841 | 444 |
| Total Income (Rs Crore) | 13,819 | 12,422 | 10,460 | 8,633 | 5,577 |
| Total Expenditure (Rs Crore) | 5,751 | 5,159 | 4,072 | 4,355 | 2,408 |
| EBIT (Rs Crore) | 8,068 | 7,263 | 6,388 | 4,278 | 3,169 |
| Interest (Rs Crore) | 6,484 | 5,492 | 5,006 | 2,911 | 2,617 |
| Tax (Rs Crore) | 14 | 214 | 411 | 453 | 64 |
| Net Profit (Rs Crore) | 1,570 | 1,557 | 971 | 914 | 488 |
Quarterly Income Statement (Consolidated)
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|
| Sales (Rs Crore) | 3,502 | 2,618 | 3,008 | 3,800 | 3,073 |
| Other Income (Rs Crore) | 225 | 219 | 241 | 206 | 205 |
| Total Income (Rs Crore) | 3,727 | 2,837 | 3,249 | 4,006 | 3,278 |
| Total Expenditure (Rs Crore) | 1,613 | 1,274 | 1,322 | 1,542 | 1,500 |
| EBIT (Rs Crore) | 2,114 | 1,563 | 1,927 | 2,464 | 1,778 |
| Interest (Rs Crore) | 1,626 | 1,698 | 1,635 | 1,525 | 1,368 |
| Tax (Rs Crore) | 56 | -37 | -237 | 232 | 118 |
| Net Profit (Rs Crore) | 432 | -98 | 529 | 707 | 292 |
Annual Consolidated Balance Sheet
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Share Capital (Rs Crore) | 1,647 | 1,584 | 1,584 | 1,584 | 1,564 |
| Reserves & Surplus (Rs Crore) | 17,643 | 6,791 | 4,488 | 4,296 | -374 |
| Current Liabilities (Rs Crore) | 20,150 | 16,888 | 26,814 | 8,443 | 11,932 |
| Other Liabilities (Rs Crore) | 104,657 | 86,135 | 55,652 | 53,038 | 46,045 |
| Total Liabilities (Rs Crore) | 144,097 | 111,398 | 88,538 | 67,361 | 59,167 |
| Fixed Assets (Rs Crore) | 121,166 | 94,391 | 68,708 | 53,624 | 48,348 |
| Current Assets (Rs Crore) | 11,461 | 8,622 | 13,863 | 7,808 | 6,188 |
| Other Assets (Rs Crore) | 11,470 | 8,385 | 5,967 | 5,929 | 4,631 |
| Total Assets (Rs Crore) | 144,097 | 111,398 | 88,538 | 67,361 | 59,167 |
Annual Consolidated Cash Flow
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Operating Activities (Rs Crore) | 10,135 | 8,364 | 7,713 | 7,265 | 3,060 |
| Investing Activities (Rs Crore) | -26,227 | -19,827 | -21,060 | -3,857 | -19,281 |
| Financing Activities (Rs Crore) | 15,615 | 12,068 | 13,953 | -2,973 | 15,986 |
| Others (Rs Crore) | 0 | 0 | 0 | 0 | 618 |
| Net Cash Flow (Rs Crore) | -477 | 605 | 606 | 435 | 383 |
Financial Ratios
Adani Green Energy Limited's financial ratios for the year-ending March 2026 indicate a Basic EPS of Rs 9.65 and a Book Value Per Share (BVPS) of Rs 117.12. The company's Gross Profit Margin stood at 90.18%, while the Operating Margin was 64.10%. The Net Profit Margin for the same period was 12.14%. Return Ratios show a Return on Net worth/Equity of 8.56%, ROCE of 6.68%, and Return On Assets of 1.14%. The Current Ratio was 0.57 and the Quick Ratio was 0.56, while the Debt to Equity ratio was 5.10. The company's P/E ratio was 83.62, P/B ratio was 6.89, and EV/EBITDA stood at 20.45.
Key Financial Ratios (Consolidated)
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 9.65 | 8.37 | 6.21 | 5.41 | 2.41 |
| Book Value [Excl. Reval Reserve]/Share (Rs.) | 117.12 | 67.63 | 53.09 | 37.41 | 7.61 |
| Gross Profit Margin (%) | 90.18 | 89.96 | 92.59 | 74.07 | 77.03 |
| Operating Margin (%) | 64.10 | 67.68 | 71.95 | 57.39 | 60.49 |
| Net Profit Margin (%) | 12.14 | 13.88 | 10.53 | 11.72 | 9.50 |
| Return on Networth / Equity (%) | 8.56 | 13.47 | 13.07 | 16.56 | 41.09 |
| Debt to Equity (x) | 5.10 | 7.29 | 7.50 | 8.99 | 43.86 |
| P/E (x) | 83.62 | 113.34 | 295.52 | 162.87 | 794.48 |
Corporate Actions
Adani Green Energy Limited has recently announced several corporate actions. On July 13, 2026, the company informed about a scheduled meeting with analysts and investors. Furthermore, the company publicly released its ESG ratings from Care ESG Ratings Limited on July 10, 2026, and from CRISIL on July 8, 2026.
Investor Sentiment
Moneycontrol's analysis indicates a 'Very Bullish' sentiment for Adani Green Energy Limited as of July 10, 2026. This suggests robust investor confidence in the stock's future, despite the current decline in price.
Adani Green Energy Limited's shares saw a 2.20% decrease, with the current price at Rs 1,509.80 at 3:26 pm. This movement reflects broader market dynamics, even as the company's financial performance continues to demonstrate growth, and investor sentiment remains positive.
2026-07-17T10:17:29Z
