Adani Green Energy financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹4,258cr+41.6% on Q2 FY26
Net profit
₹747cr+16.0% on Q2 FY26
EBITDA margin
89.2%+2.6 pts on Q2 FY26
EPS
₹4.00+16.3% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue4,2583,008+41.6%
EBITDA3,7972,603+45.9%
EBITDA margin89.2%86.5%+2.6 pts
Profit before tax856292+193.2%
Net profit747644+16.0%
EPS₹4.00₹3.44+16.3%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹4,258 crNet profit₹747 crNet margin17.5%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
2,09,004————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
4,0773,3624,0162,6292,020
9,9459,91410,4367,61446.0
1,01,4401,01,44078,06963,06054,223
3,16,312————
14,80912,92811,2129,2207,792
—+15.3%+21.6%+18.3%—
12,90510,7688,8887,2974,931
87.1%83.3%79.3%79.1%63.3%
9,0247,3966,3905,3943,631
2,2491,9876541,260973
15.2%15.4%5.8%13.7%12.5%
₹11.38₹10.03₹8.77₹6.68₹5.91
—+14.4%+31.3%+12.9%—
—10,1358,3647,7137,265
—−26,097−24,776−15,773−3,376
−15,962−15,962−16,412−8,0603,889
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ADANIGREEN₹1,269.00

Adani Green Energy Ltd.

· Energy & Power
₹ CrorePeersNTPCGREENACMESOLARJSWENERGYTATAPOWERADANIENSOLADANIPOWERPOWERGRIDNTPCMcap ₹2.09L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————2,09,004.3
- Cash, Equiv & ST Investments2,020.02,629.04,016.03,362.04,077.0
+ Minority Interest46.07,614.010,436.09,914.09,945.0
+ Total Debt54,223.063,060.078,069.01,01,440.01,01,440.0
Enterprise Value————3,16,312.3
Revenue7,792.09,220.011,212.012,928.014,809.0
Growth %, YoY—+18.3+21.6+15.3—
EBITDA4,931.07,297.08,888.010,768.012,905.0
Margin %63.2879.1479.2783.2987.14
EBIT3,631.05,394.06,390.07,396.09,024.0
Net Income973.01,260.0654.01,987.02,249.0
Margin %12.4913.675.8315.3715.19
EPS, Adj (current shares)5.916.688.7710.0311.38
Growth %, YoY—+12.9+31.3+14.4—
Cash from Operations7,265.07,713.08,364.010,135.0—
Capital Expenditures-3,376.0-15,773.0-24,776.0-26,097.0—
Free Cash Flow3,889.0-8,060.0-16,412.0-15,962.0-15,962.0
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Adani Green financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Adani Green Energy (NSE: ADANIGREEN) had a market capitalisation of ₹2,15,263 crore at the 29 October 2026 close (₹1,307.00 a share), a PE ratio of 114.9 on the last four quarters' profit and a price-to-book ratio of 9.97. In FY26 its consolidated net profit attributable to shareholders was ₹1,652 crore on revenue of ₹12,928 crore; in Q2 FY27 (July–September 2026) it was ₹673 crore, up 15.4% year on year. Its debt-to-equity ratio was 3.56 on 30 September 2026. Promoters held 62.43% of the shares on 30 September 2026.

Adani Green Q2 FY27 results
filed 21 October 2026
Share price used
₹1,307.00 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Adani Green at a glance · consolidated

Market cap
₹2,15,263 Crat ₹1,307.00 · 29 Oct close
PE ratio (last 4 quarters)
114.9130.3 on FY26 profit
Price to book (PB)
9.97book value ₹131.10 a share
ROE (FY26)
10.3%−2.9 pts vs FY25ROCE 6.8%
Debt to equity
3.56net debt ₹1,06,627 Cr
Promoter holding
62.43%unchanged vs 30 Jun 202630 September 2026
Net worth
₹21,592 Cr+10.6% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹15,962 Cr
EPS (FY26)
₹9.65

Questions

What is the Adani Green PE ratio today?

Adani Green's PE ratio is 114.9 at the 29 October 2026 close (₹1,307.00 a share): a market capitalisation of ₹2,15,263 crore divided by consolidated net profit attributable to shareholders of ₹1,874 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹1,652 crore) it is 130.3.

What is the Adani Green PB ratio (price to book value)?

Adani Green's price-to-book (PB) ratio is 9.97 at the 29 October 2026 close: a market capitalisation of ₹2,15,263 crore divided by shareholders' equity (book value) of ₹21,592 crore on 30 September 2026. That is a book value of ₹131.10 per share against a share price of ₹1,307.00.

What is the Adani Green net worth?

Adani Green's net worth — shareholders' equity in its consolidated balance sheet — was ₹21,592 crore on 30 September 2026, up 10.6% from ₹19,524 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,15,263 crore at the 29 October 2026 close.

What is the Adani Green market cap?

Adani Green's market capitalisation was ₹2,15,263 crore (₹2.15 lakh crore) at the 29 October 2026 close: 164.7 crore shares at ₹1,307.00 each.

What is the Adani Green debt to equity ratio?

Adani Green's debt-to-equity ratio was 3.56 on 30 September 2026: borrowings of ₹1,12,311 crore against total equity of ₹31,537 crore. A year earlier, on 30 September 2025, it was 2.89.

What is the Adani Green EPS?

Adani Green's basic earnings per share (EPS) were ₹9.65 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹11.00.

Is Adani Green debt free?

No. Adani Green had borrowings of ₹1,12,311 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 3.56. Its cash and current investments were ₹5,684 crore, so its net debt was ₹1,06,627 crore.

What is the Adani Green book value per share?

Adani Green's book value per share was ₹131.10 on 30 September 2026: shareholders' equity of ₹21,592 crore divided by the 164.7 crore shares in issue, up 10.6% from ₹118.54 a year earlier. The share price at the 29 October 2026 close was ₹1,307.00.

What is the Adani Green free cash flow?

In FY26, Adani Green generated ₹10,135 crore of cash from operations and spent ₹26,097 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹15,962 crore. In FY25 it was −₹16,412 crore.

What is the Adani Green ROE and ROCE?

In FY26, Adani Green's return on equity (ROE) was 10.3% and its return on capital employed (ROCE) was 6.8%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 13.1% and ROCE 8.2%.

What is the Adani Green shareholding pattern?

On 30 September 2026, Adani Green's shares were held by promoters 62.43%, foreign portfolio investors (FII/FPI) 11.33%, domestic institutions (DII) 5.29% (including mutual funds at 3.96%) and retail and other non-institutional investors 20.94%. Over the year, FII holding was up 0.04 percentage points from 11.29% and DII holding was up 2.31 percentage points from 2.98%.

Adani Green vs NTPC Green Energy: how do they compare?

In FY26, Adani Green earned net profit attributable to shareholders of ₹1,652 crore on revenue of ₹12,928 crore, against ₹523 crore on ₹2,858 crore for NTPC Green Energy. Adani Green's operating margin was 57.2% (NTPC Green Energy 48.0%) and its return on equity 10.3% (NTPC Green Energy 2.8%).

What is the Adani Green promoter holding?

Promoters held 62.43% of Adani Green on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What are the Adani Green latest quarterly results?

Adani Green's latest results are for Q2 FY27 (July–September 2026), filed on 21 October 2026: consolidated net profit attributable to shareholders ₹673 crore, up 15.4% from ₹583 crore in Q2 FY26; revenue from operations ₹4,258 crore, up 41.6% year on year.

When are the Adani Green next results?

Adani Green has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What is the Adani Green revenue and profit in FY26?

In FY26 (April 2025–March 2026), Adani Green's consolidated net profit attributable to shareholders was ₹1,652 crore, up 14.4% from ₹1,444 crore in FY25, on revenue from operations of ₹12,928 crore (up 15.3%). Over three years, from FY23, net profit was up 69.6%.

How does Adani Green compare with its peers?

On FY26 consolidated figures, against NTPC Green Energy, ACME Solar Holdings and JSW Energy: Adani Green's operating margin of 57.2% is the second highest of the four (NTPC Green Energy 48.0%, ACME Solar Holdings 64.9%, JSW Energy 36.4%; peer average 49.8%); its return on equity of 10.3% is the second highest of the four (NTPC Green Energy 2.8%, ACME Solar Holdings 10.4%, JSW Energy 7.7%; peer average 7.0%).

Where do these Adani Green figures come from?

From Adani Green Energy's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.