AG

Adani Green Energy Ltd

Q4 FY25Power

Adani Green Energy Ltd Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book

Q4 FY25 earnings call: what management guided on revenue, margins and order book.

Price1,320
Market cap₹2.2L Cr
P/E114.5
Updated23 Aug 2026
Read4 min read

The short version

Adani Green Energy aims to add 5 GW of renewable capacity annually, targeting 30 GW by 2029 and 50 GW by 2030. Adani Green Energy is committed to delivering robust growth, targeting 50 GW capacity by 2030 with a run rate of ~5 GW annual additions.

From Adani Green Energy Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Adani Green Energy aims to add 5 GW of renewable capacity annually, targeting 30 GW by 2029 and 50 GW by 2030.
  • For FY '26, they plan to commission 5 GW of capacity, with 95% already sanctioned and debt tied up.
  • Energy sales grew 28% in FY '25 to 28 billion units; revenue from power supply increased 23% to INR 9,495 crore; EBITDA rose 22% to INR 8,818 crore.
  • The company expects similar or better CUF (capacity utilization factor) going forward, aided by operational stabilization and improved execution.
  • They anticipate growth driven by a balanced mix of merchant sales, PPAs, and emerging opportunities like storage and hybrid projects.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Adani Green Energy Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • FY '26 Capex: Targeting to commission 5 gigawatts of capacity.
  • Approximately 95% of this 5 GW capex is under various sanctions with debt tie-up completed, primarily from domestic sources (REC, PFC).
  • Ongoing execution of large projects like the 600 MW hybrid project at Khavda expected to commission this year.
  • Plans to execute the UP Pumped Storage Project (PSP) over 72 months (6 years).
  • Strategic focus on early and best-in-class execution of projects, with flexibility on revenue strategy (merchant or contracted).
  • Exploring merchant battery storage opportunities, monitoring market arbitrage but no definitive plans announced yet.

2 more points management made on capital expenditure plans

Top-ranked in Power

Ranked on what management guided this quarter

5x potential
Rev 1Mar 1
2ACME Solar Hold.
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Adani Green Energy Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Adani Green Energy is targeting 50 GW capacity by 2030.
  • Currently, 14.243 GW is operational.
  • Around 5 GW capacity targeted for commissioning in FY '26 with 95% sanction and debt tie-up done.
  • The company has approximately 33 GW portfolio comprising contracted PPAs and merchant capacities:
  • ~30 GW under signed or near-finalized PPAs.
  • ~3 GW merchant capacity.
  • Approximately 9.6 GW won in the last year; about 6.25 GW of this already signed PPAs, with ~3 GW pending signing but in process.

2 more points management made on order book & pipeline

Adani Green Energy Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹3.5K Cr, net profit ₹514 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Adani Green Energy Ltd Q4 FY25 results?

Adani Green Energy aims to add 5 GW of renewable capacity annually, targeting 30 GW by 2029 and 50 GW by 2030. Adani Green Energy is committed to delivering robust growth, targeting 50 GW capacity by 2030 with a run rate of ~5 GW annual additions.

What is Adani Green Energy Ltd share price analysis?

Adani Green Energy Ltd currently shows a neutral. The stock trades at a P/E of 114.5 with a market cap of ₹222,039 Cr. Investors should review the full earnings analysis for detailed insights.

Is Adani Green Energy Ltd planning capital expenditure?

FY '26 Capex: Targeting to commission 5 gigawatts of capacity.

Keep Adani Green Energy Ltd on your radar — track it to get its next earnings analysis in your feed.

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.