🚀 VC round data is live in beta, check it out!
Adani Green Energy Valuation Multiples
Discover revenue and EBITDA valuation multiples for Adani Green Energy and similar public comparables like TBEA, Uniper, First Solar, LONGi and more.
Adani Green Energy Overview
About Adani Green Energy
Adani Green Energy Ltd is a renewable energy company. It builds, owns, and operates power plants powered by renewable sources of energy like solar and wind. The company has two reportable segments: renewable power generation and other related ancillary activities; and the sale of solar power equipments.
Founded
2015
HQ
Employees
1.2K
Website
Sectors
Financials (LTM)
EV
$29B
Adani Green Energy Financials
Adani Green Energy reported last 12-month revenue of $1B and EBITDA of $1B.
In the same LTM period, Adani Green Energy generated $1B in gross profit, $1B in EBITDA, and $213M in net income.
Revenue (LTM)
Adani Green Energy P&L
In the most recent fiscal year, Adani Green Energy reported revenue of $1B and EBITDA of $1B.
Adani Green Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 94% | XXX | 77% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 82% | XXX | 79% | XXX | XXX | XXX |
| EBIT Margin | 57% | XXX | 57% | XXX | XXX | XXX |
| Net Profit | $213M | XXX | $258M | XXX | XXX | XXX |
| Net Margin | 15% | XXX | 20% | XXX | XXX | XXX |
| Net Debt | — | — | $8B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Adani Green Energy Stock Performance
Adani Green Energy has current market cap of $20B, and enterprise value of $29B.
Market Cap Evolution
Adani Green Energy's stock price is $12.17.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $29B | $20B | 0.5% | XXX | XXX | XXX | $0.16 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialAdani Green Energy Valuation Multiples
Adani Green Energy trades at 19.6x EV/Revenue multiple, and 23.8x EV/EBITDA.
EV / Revenue (LTM)
Adani Green Energy Financial Valuation Multiples
As of April 19, 2026, Adani Green Energy has market cap of $20B and EV of $29B.
Equity research analysts estimate Adani Green Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Adani Green Energy has a P/E ratio of 94.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $20B | XXX | $20B | XXX | XXX | XXX |
| EV (current) | $29B | XXX | $29B | XXX | XXX | XXX |
| EV/Revenue | 19.6x | XXX | 21.9x | XXX | XXX | XXX |
| EV/EBITDA | 23.8x | XXX | 27.8x | XXX | XXX | XXX |
| EV/EBIT | 34.2x | XXX | 38.2x | XXX | XXX | XXX |
| EV/Gross Profit | 20.9x | XXX | 28.4x | XXX | XXX | XXX |
| P/E | 94.2x | XXX | 77.8x | XXX | XXX | XXX |
| EV/FCF | (15.9x) | XXX | (16.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Adani Green Energy Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Adani Green Energy Margins & Growth Rates
Adani Green Energy's revenue in the last 12 month grew by 34%.
Adani Green Energy's revenue per employee in the last FY averaged $1.1M, while opex per employee averaged $0.3M for the same period.
Adani Green Energy's rule of 40 is 116% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Adani Green Energy's rule of X is 162% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Adani Green Energy Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 34% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 82% | XXX | 79% | XXX | XXX | XXX |
| EBITDA Growth | 38% | XXX | 14% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 116% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 162% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 7% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 24% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Adani Green Energy Public Comps
See public comps and valuation multiples for other Renewable Energy comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Adani Green Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| TBEA | XXX | XXX | XXX | XXX | XXX | XXX |
| Uniper | XXX | XXX | XXX | XXX | XXX | XXX |
| First Solar | XXX | XXX | XXX | XXX | XXX | XXX |
| LONGi | XXX | XXX | XXX | XXX | XXX | XXX |
| Norsk Hydro | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Adani Green Energy M&A Activity
Adani Green Energy acquired XXX companies to date.
Last acquisition by Adani Green Energy was on XXXXXXXX, XXXXX. Adani Green Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Adani Green Energy
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialAdani Green Energy Investment Activity
Adani Green Energy invested in XXX companies to date.
Adani Green Energy made its latest investment on XXXXXXXX, XXXXX. Adani Green Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Adani Green Energy
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Adani Green Energy
| When was Adani Green Energy founded? | Adani Green Energy was founded in 2015. |
| Where is Adani Green Energy headquartered? | Adani Green Energy is headquartered in India. |
| How many employees does Adani Green Energy have? | As of today, Adani Green Energy has over 1K employees. |
| Is Adani Green Energy publicly listed? | Yes, Adani Green Energy is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Adani Green Energy? | Adani Green Energy trades under ADANIGREEN ticker. |
| When did Adani Green Energy go public? | Adani Green Energy went public in 2018. |
| Who are competitors of Adani Green Energy? | Adani Green Energy main competitors are TBEA, Uniper, First Solar, LONGi. |
| What is the current market cap of Adani Green Energy? | Adani Green Energy's current market cap is $20B. |
| What is the current revenue of Adani Green Energy? | Adani Green Energy's last 12 months revenue is $1B. |
| What is the current revenue growth of Adani Green Energy? | Adani Green Energy revenue growth (NTM/LTM) is 34%. |
| What is the current EV/Revenue multiple of Adani Green Energy? | Current revenue multiple of Adani Green Energy is 19.6x. |
| Is Adani Green Energy profitable? | Yes, Adani Green Energy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Adani Green Energy? | Adani Green Energy's last 12 months EBITDA is $1B. |
| What is Adani Green Energy's EBITDA margin? | Adani Green Energy's last 12 months EBITDA margin is 82%. |
| What is the current EV/EBITDA multiple of Adani Green Energy? | Current EBITDA multiple of Adani Green Energy is 23.8x. |
| What is the current FCF of Adani Green Energy? | Adani Green Energy's last 12 months FCF is ($2B). |
| What is Adani Green Energy's FCF margin? | Adani Green Energy's last 12 months FCF margin is (123%). |
| What is the current EV/FCF multiple of Adani Green Energy? | Current FCF multiple of Adani Green Energy is (15.9x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.