Adani Green Energy cash flow

Latest FY26

Cash from operations: ₹10,135cr+21.2% on FY25
Capital spending: ₹26,097cr+5.3% on FY25
Free cash flow: −₹15,962cr−₹16,412 cr in FY25
Cash from financing: ₹15,615cr+29.4% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	3,372	2,498	1,903	1,300
	—	0.0	0.0	0.0	15.0
	—	6,484	5,492	5,006	2,911
	—	−572	−793	−917	−607
	—	−139	−153	−87.0	−35.0
	—	−7.0	−11.0	21.0	559
	—	190	242	0.0	39.0
	—	0.0	0.0	38.0	22.0
	—	−35.0	190	−252	−27.0
	—	−626	−222	893	−450
	—	−544	97.0	−28.0	−57.0
	—	0.0	−42.0	192	15.0
	—	−1,411	−442	−206	609
	—	0.0	93.0	56.0	−98.0
	—	19.0	148	122	316
	—	1,480	34.0	−16.0	2.0
	—	0.0	12.0	0.0	0.0
	—	476	−620	−245	1,277
	—	0.0	296	−108	87.0
	—	7.0	1.0	4.0	2.0
	—	0.0	−5.0	5.0	7.0
Cash from operating activities
	2,397	1,584	1,771	1,382	1,367
	—	8,694	6,815	6,381	5,887
	—	10,278	8,586	7,763	7,254
	—	143	222	50.0	−11.0
	—	10,135	8,364	7,713	7,265
Cash from investing activities
	—	26,097	24,776	15,773	3,376
	—	105	15.0	73.0	38.0
	—	0.0	0.0	0.0	1,235
	—	0.0	0.0	6,184	0.0
	—	305	155	48.0	43.0
	—	28.0	89.0	65.0	50.0
	—	227	722	807	709
	—	−185	4,278	0.0	0.0
	—	−26,227	−19,827	−21,060	−3,857
Cash from financing activities
	—	7,012	0.0	0.0	3,850
	—	0.0	3,709	0.0	48.0
	—	0.0	0.0	2,338	0.0
	—	749	0.0	0.0	0.0
	—	37,391	39,199	33,344	20,837
	—	19,156	25,015	16,916	22,304
	—	195	270	212	183
	—	7,697	5,555	4,601	5,221
	—	332	0.0	0.0	0.0
	—	−659	0.0	0.0	0.0
	—	15,615	12,068	13,953	−2,973
	—	−477	605	606	435
	—	−477	605	606	435
	—	1,735	2,212	1,608	1,002
Reference items
	12,905	10,768	8,888	7,297	4,931
	87.1%	83.3%	79.3%	79.1%	63.3%
	−15,962	−15,962	−16,412	−8,060	3,889
	—	−288	−6,958	−3,824	—
	−₹96.92	−₹96.92	−₹99.65	−₹48.94	₹23.61
	—	5.10×	12.79×	6.12×	7.47×
	—	143	222	50.0	−11.0
	—	7,697	5,555	4,601	5,221

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

alphave

ADANIGREEN₹1,307.00

Adani Green Energy Ltd.

· Energy & Power

₹ CrorePeersNTPCGREEN ACMESOLAR JSWENERGY TATAPOWER ADANIENSOL ADANIPOWER POWERGRID NTPCMcap ₹2.15L Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	1,300.0	1,903.0	2,498.0	3,372.0	—
+ Impairment Loss / (Reversal)	15.0	0.0	0.0	0.0	—
+ Finance Costs	2,911.0	5,006.0	5,492.0	6,484.0	—
+ Interest Income	-607.0	-917.0	-793.0	-572.0	—
+ Fair Value (Gains) / Losses	-35.0	-87.0	-153.0	-139.0	—
+ Unrealised FX (Gain) / Loss	559.0	21.0	-11.0	-7.0	—
+ Other Non-cash Items	39.0	0.0	242.0	190.0	—
+ Other Reconciling Items	22.0	38.0	0.0	0.0	—
Changes in Working Capital
+ Inventories	-27.0	-252.0	190.0	-35.0	—
+ Trade Receivables — Current	-450.0	893.0	-222.0	-626.0	—
+ Other Financial Assets — Current	-57.0	-28.0	97.0	-544.0	—
+ Other Financial Assets — Non-current	15.0	192.0	-42.0	0.0	—
+ Other Current Assets	609.0	-206.0	-442.0	-1,411.0	—
+ Other Non-current Assets	-98.0	56.0	93.0	0.0	—
+ Trade Payables — Current	316.0	122.0	148.0	19.0	—
+ Other Financial Liabilities — Current	2.0	-16.0	34.0	1,480.0	—
+ Other Financial Liabilities — Non-current	0.0	0.0	12.0	0.0	—
+ Other Current Liabilities	1,277.0	-245.0	-620.0	476.0	—
+ Other Non-current Liabilities	87.0	-108.0	296.0	0.0	—
+ Provisions — Current	2.0	4.0	1.0	7.0	—
+ Provisions — Non-current	7.0	5.0	-5.0	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	1,367.0	1,382.0	1,771.0	1,584.0	2,397.0
+ Total Adjustments (incl. Working Capital)	5,887.0	6,381.0	6,815.0	8,694.0	—
Cash from Operations (pre-tax)	7,254.0	7,763.0	8,586.0	10,278.0	—
+ Income Taxes Paid	-11.0	50.0	222.0	143.0	—
Cash from Operating Activities	7,265.0	7,713.0	8,364.0	10,135.0	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	3,376.0	15,773.0	24,776.0	26,097.0	—
+ Disp of Fixed Assets	38.0	73.0	15.0	105.0	—
+ Acq of Investment Property	1,235.0	0.0	0.0	0.0	—
+ Acq of Other Long-term Assets	0.0	6,184.0	0.0	0.0	—
+ Loans & Advances Made	43.0	48.0	155.0	305.0	—
+ Loans & Advances Repaid	50.0	65.0	89.0	28.0	—
+ Interest Received — Investing	709.0	807.0	722.0	227.0	—
+ Other Inflows / (Outflows) — Investing	0.0	0.0	4,278.0	-185.0	—
Cash from Investing Activities	-3,857.0	-21,060.0	-19,827.0	-26,227.0	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	3,850.0	0.0	0.0	7,012.0	—
+ Proceeds from Other Equity Instruments	48.0	0.0	3,709.0	0.0	—
+ Proceeds from Exercise of Stock Options	0.0	2,338.0	0.0	0.0	—
+ Payments for Other Equity Instruments	0.0	0.0	0.0	749.0	—
+ Proceeds from Borrowings	20,837.0	33,344.0	39,199.0	37,391.0	—
+ Repayment of Borrowings	22,304.0	16,916.0	25,015.0	19,156.0	—
+ Payment of Lease Liabilities	183.0	212.0	270.0	195.0	—
+ Interest Paid	5,221.0	4,601.0	5,555.0	7,697.0	—
+ Dividends Paid	0.0	0.0	0.0	332.0	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	0.0	-659.0	—
Cash from Financing Activities	-2,973.0	13,953.0	12,068.0	15,615.0	—
Net Changes in Cash (pre-FX)	435.0	606.0	605.0	-477.0	—
Net Changes in Cash	435.0	606.0	605.0	-477.0	—
Closing Cash	1,002.0	1,608.0	2,212.0	1,735.0	—
Reference Items
EBITDA	4,931.0	7,297.0	8,888.0	10,768.0	12,905.0
EBITDA Margin %	63.28	79.14	79.27	83.29	87.14
Free Cash Flow (CFO − Capex)	3,889.0	-8,060.0	-16,412.0	-15,962.0	-15,962.0
Free Cash Flow to Equity	—	-3,824.0	-6,958.0	-288.0	—
Free Cash Flow per Basic Share	23.61	-48.94	-99.65	-96.92	-96.92
Cash Flow to Net Income	7.47	6.12	12.79	5.10	—
Cash Paid for Taxes	-11.0	50.0	222.0	143.0	—
Cash Paid for Interest	5,221.0	4,601.0	5,555.0	7,697.0	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

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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%.