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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Adani Green Energy Limited is an India-based renewable energy company. The Company has a presence across 12 states of India, focusing on solar, wind and hybrid (solar wind) renewable power generation. It operates through two segments: renewable power generation and other…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, steadily growing business, fairly priced — carrying meaningful debt.
Adani Green is scored on the commodity / cyclical framework. It keeps a healthy 11.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 6.46× reported profit. Free cash flow is worth about -6.9% of its market value.
Over the last 3 years revenue compounded at 17%/yr and profit at 20%/yr. Book value itself has compounded 60%/yr — the hallmark of a genuine compounder. Return on equity is a modest 8.7%. In the latest quarter profit fell 28% versus the prior quarter.
At 148× earnings, the stock sits at the 43rd percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price already implies ~32%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of B, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 104.21 | — | — |
| P/B | 10.85 | 2.53 | worse |
| EV/EBITDA | 25.36 | 28.92 | better |
| ROE | 8.68 | 11.4 | worse |
| ROCE | 6.96 | 9.78 | worse |
| ROA | 1.19 | — | — |
| Quick Ratio | 0.56 | 1.98 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Adani Power | 21.1 | 5.1 | 23.7% |
| NTPC | 10.3 | 1.5 | 13.9% |
| Power Grid Corp | 14.9 | 2.3 | 15.2% |
Revenue has grown every year across all 4 financial years shown. 17% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder.
Operating margin has compressed from 16% to 11% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line.
ROE at 7% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 7pp.
EPS has grown every year — each share earns more than the last, consistently. 21% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 6.5× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Wide quarterly swings (39% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 40% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 28% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (-3% → 15%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 62.4% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.