Adani Green Energy Ltd Q1 FY27 Earnings Analysis

Published 3 Jul 2026 | Power | Market Cap: ₹2.3L Cr

Price

1,525

Market Cap

₹2.3L Cr

P/E Ratio

125.4

Revenue Rank

Rank 2

Margin Rank

Rank 3

Earnings Summary

- Adani Green Energy expects continued robust growth aligned with India's energy transition goals. - Adani Green Energy showed strong operational and financial performance in FY26 with a 34% YoY surge in energy sales and a 22% YoY increase in revenue from power supply to INR 11,602 crores.

📊 Revenue & Sales Performance

Rank 2
  • Adani Green Energy expects continued robust growth aligned with India's energy transition goals.
  • Energy sales surged 34% YoY in FY26, reaching 37.6 billion units, indicating strong demand growth.
  • Revenue from power supply grew 22% YoY to INR 11,602 crores, with EBITDA up 23% to INR 10,865 crores.
  • The company added 5.1 GW of greenfield capacity in FY26 (35% YoY growth), aiming to add 4.5 to 5 GW annually going forward.
  • Battery storage capacity is planned to increase aggressively, targeting 10 gigawatt hours by the end of FY27 at Khavda.
  • Plans include a 500 MW pump storage project in FY27, supporting operational expansion.
  • Overall, AGEL targets 50 GW capacity by 2030, supporting sustained volume, revenue, and sales growth.

📈 Profitability & Margins

Rank 3
  • Adani Green Energy showed strong operational and financial performance in FY26 with a 34% YoY surge in energy sales and a 22% YoY increase in revenue from power supply to INR 11,602 crores.
  • EBITDA grew by 23% to INR 10,865 crores with a margin of 91.2%, indicating high profitability and operating efficiency.
  • The company plans to continue greenfield capacity additions at 4.5-5.0 GW annually in solar and wind, aligned with evacuation capacities, supporting future revenue and earnings growth.
  • Battery storage capacity is expected to expand significantly from current 3 GWh to 10 GWh by year-end, further enhancing operating capabilities and potential revenue streams.
  • With demonstrated execution capability and sector leadership, Adani Green is on course to achieve 50 GW capacity by 2030, underpinning long-term growth in earnings and profits.
  • The stable credit rating equivalent to the sovereign rating supports financial discipline and access to cost-effective funding, enabling sustainable growth.

🏗️ Capital Expenditure Plans

Yes
  • Planning to end FY26 with 10 gigawatt hour battery storage capacity, expanding from current ~3 GWh.
  • Maiden 500 megawatt pump storage project at Chitravathi, Andhra Pradesh, to be completed this fiscal year.
  • Greenfield capacity additions planned at 4.5 to 5.0 gigawatt for solar and wind in FY27, aligned with evacuation capacity.
  • Commitment to achieve 50 gigawatt total renewable capacity by 2030.
  • Continued investment in advanced technologies, digitization, and predictive maintenance.
  • Focus on expanding battery capacity at Khavda with plans to add 10 GWh storage.
  • Strategic alignment of capacity additions with transmission and market evacuation constraints.

💰 Fundraising & Capital Structure

No information
  • No explicit mention of new fundraising through equity or debt in the transcript.
  • The company discussed capex plans for FY27, including adding 4.5 to 5 GW of solar and wind capacity aligned with evacuation capacity.
  • Battery storage expansion planned to add 10 GWh capacity by end of FY27.
  • No detailed discussion on raising new debt or equity; focus was on funding plans for capex including average cost of debt and maturities, but specifics were not disclosed.
  • Adani Green demonstrated strong financial discipline with good credit ratings (JCR BBB+ with stable outlook).
  • Overall, no direct indication of new fundraising activities through fresh debt or equity in the call.

📋 Order Book & Pipeline

No information
The transcript does not provide explicit details on the current or expected order book/pending orders for Adani Green Energy Limited. However, relevant points related to capacity additions and projects indicate: - Operational portfolio stands at 19.3 GW, powering 8.7 million homes. - Added 5.1 GW capacity in FY26 (35% YoY growth). - Planning to add 4.5 to 5.0 GW of solar and wind capacity in FY27, aligned with evacuation constraints. - Battery storage capacity to increase to 10 GWh by end of FY27 (up from current ~3 GWh). - Maiden 500 MW pump storage project at Chitravathi expected to be completed in FY27. - Khavda project includes 9.4 GW of solar, wind, and hybrid assets operational. These points indicate a strong project pipeline aligned with the company’s goal of 50 GW capacity by 2030, but exact order book size is not disclosed.

Key Metrics

Revenue

Rank 2

Margin

Rank 3

Capex

Yes

Fundraise

No information

Order Book

No information

Frequently Asked Questions

What were Adani Green Energy Ltd Q1 FY27 results?

- Adani Green Energy expects continued robust growth aligned with India's energy transition goals. - Adani Green Energy showed strong operational and financial performance in FY26 with a 34% YoY surge in energy sales and a 22% YoY increase in revenue from power supply to INR 11,602 crores.

What is Adani Green Energy Ltd share price analysis?

Adani Green Energy Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 125.4 with a market cap of ₹227,146. Investors should review the full earnings analysis for detailed insights.

Is Adani Green Energy Ltd planning capital expenditure?

- Planning to end FY26 with 10 gigawatt hour battery storage capacity, expanding from current ~3 GWh.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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