Adani Green Energy Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Adani Green Energy Limited's yearly results (2023–2026), compared with Utilities companies in India. Tap ? on any ratio for what it means.
What stands out
- Profit Cash Ratio: Over the last 3 years, every ₹100 of reported profit came with ₹639 of operating cash. Higher than 95% of Utilities companies in India.
- Cash Locked Ratio: Money owed to suppliers is larger than money owed by customers plus stock: ₹55 per ₹100 of sales comes from others' credit, against ₹4 from others' credit three years earlier. Less money tied up than 90% of Utilities companies in India.
- Steadiness Ratio: Sales and profit both grew in each of the last 3 years. Steadier than 89% of Utilities companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹639Over the last 3 years, every ₹100 of reported profit came with ₹639 of operating cash.
Higher than 95% of Utilities companies in India.
Self-Funding Ratio
0.4×Over the last 3 years its own operating cash paid for 40% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 71% of Utilities companies in India.
Cash Locked Ratio
−₹55Money owed to suppliers is larger than money owed by customers plus stock: ₹55 per ₹100 of sales comes from others' credit, against ₹4 from others' credit three years earlier.
Less money tied up than 90% of Utilities companies in India.
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 89% of Utilities companies in India.
Growth Efficiency Ratio
₹15Sales grew 59% in 3 years; of every extra ₹100 of sales, ₹15 became extra profit.
Higher than 69% of Utilities companies in India.
Asset Productivity Ratio
+59% / +114%In 3 years sales changed by +59% while total assets changed by +114%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
1.0×Debt due within a year is covered 1.0 times by its yearly operating cash.
Lower than 53% of Utilities companies in India.
Cash Cushion Ratio
−47%Debt, after subtracting cash, equals 47% of its market value (net debt).
Higher than 50% of Utilities companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 65% of Utilities companies in India.
Tangible Net Worth Ratio
99%Of every ₹100 of net worth, ₹99 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 55% of Utilities companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Adani Green Energy Limited owes ₹0.79 for every ₹1 it owns. Net profit rose 14% in the year to Mar 2026, and grew 19% a year on average over 3 years.
Compared with Utilities companies in India · latest annual results Mar 2026.
P/E ratio
113.5Investors pay ₹113.5 for every ₹1 of Adani Green Energy Limited's yearly profit, higher than 90% of Utilities companies in India.
P/B ratio
9.78The share price is 9.78 times Adani Green Energy Limited's book value per share, higher than 94% of Utilities companies in India.
Market cap
₹195,207 CrThe total market value of all of Adani Green Energy Limited's shares at today's price (share price × number of shares), larger than 91% of Utilities companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹19,965 CrWhat Adani Green Energy Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹121.21Net worth divided by the number of shares. The share price of ₹1,185 is 9.8 times this, which is the P/B above.
Return on equity (ROE)
8.9%Adani Green Energy Limited earned 8.9% on its shareholders' money over the last year, lower than 53% of Utilities companies in India.
Owes vs Owns
0.79×Adani Green Energy Limited owes ₹0.79 for every ₹1 it owns (moderate), higher than 94% of Utilities companies in India.
Dividend yield
NoneAdani Green Energy Limited does not currently pay a dividend.
Revenue growth
+12%Revenue rose 12% in the year to Mar 2026, and grew 17% a year on average over 3 years.
Profit growth
+14%Net profit rose 14% in the year to Mar 2026, and grew 19% a year on average over 3 years.
Profit margin
13.4%Adani Green Energy Limited keeps ₹13 of every ₹100 of revenue as net profit.
Cash quality
6.1×Cash from Adani Green Energy Limited's business was 6.1× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
1.3×Adani Green Energy Limited's operating profit covered its interest costs 1.3 times in the year to Mar 2026.
Cash vs debt
Net debtAdani Green Energy Limited had ₹97,367 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Adani Green Energy Limited's P/E ratio?
Investors pay ₹113.5 for every ₹1 of Adani Green Energy Limited's yearly profit, higher than 90% of Utilities companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Adani Green Energy Limited: ₹195,207 Cr ÷ ₹19,965 Cr (31 Mar 2026) = 9.8.
What is Adani Green Energy Limited's return on equity?
Adani Green Energy Limited earned 8.9% on its shareholders' money over the last year, lower than 53% of Utilities companies in India.
How much does Adani Green Energy Limited owe compared with what it owns?
Adani Green Energy Limited owes ₹0.79 for every ₹1 it owns (moderate), higher than 94% of Utilities companies in India.
Does Adani Green Energy Limited pay a dividend?
No. Adani Green Energy Limited does not currently pay a dividend.
Is Adani Green Energy Limited's revenue growing?
Revenue rose 12% in the year to Mar 2026, and grew 17% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.