Adani Green Energy Limited (ADANIGREEN) - Net Assets

Latest as of September 2025: Rs290.84 Billion INR ≈ $3.15 Billion USD

Based on the latest financial reports, Adani Green Energy Limited (ADANIGREEN) has net assets worth Rs290.84 Billion INR (≈ $3.15 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.26 Trillion ≈ $13.61 Billion USD) and total liabilities (Rs967.93 Billion ≈ $10.47 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Adani Green Energy Limited's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs290.84 Billion
% of Total Assets 23.11%
Annual Growth Rate 76.48%
5-Year Change 961.76%
10-Year Change N/A
Growth Volatility 236.94

Adani Green Energy Limited - Net Assets Trend (2016–2025)

This chart illustrates how Adani Green Energy Limited's net assets have evolved over time, based on quarterly financial data. Also explore ADANIGREEN current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Adani Green Energy Limited (2016–2025)

The table below shows the annual net assets of Adani Green Energy Limited from 2016 to 2025. For live valuation and market cap data, see market cap of Adani Green Energy Limited.

Year Net Assets Change
2025-03-31 Rs225.73 Billion
≈ $2.44 Billion		 +29.37%
2024-03-31 Rs174.48 Billion
≈ $1.89 Billion		 +137.39%
2023-03-31 Rs73.50 Billion
≈ $794.87 Million		 +181.18%
2022-03-31 Rs26.14 Billion
≈ $282.69 Million		 +22.95%
2021-03-31 Rs21.26 Billion
≈ $229.92 Million		 -7.99%
2020-03-31 Rs23.11 Billion
≈ $249.90 Million		 +19.59%
2019-03-31 Rs19.32 Billion
≈ $208.97 Million		 +55.75%
2018-03-31 Rs12.41 Billion
≈ $134.17 Million		 +3.13%
2017-03-31 Rs12.03 Billion
≈ $130.09 Million		 +784.60%
2016-03-31 Rs1.36 Billion
≈ $14.71 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Adani Green Energy Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 3055562800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs30.31 Billion 24.97%
Common Stock Rs15.84 Billion 13.05%
Other Comprehensive Income Rs36.81 Billion 30.33%
Other Components Rs38.41 Billion 31.65%
Total Equity Rs121.37 Billion 100.00%

Adani Green Energy Limited Competitors by Market Cap

The table below lists competitors of Adani Green Energy Limited ranked by their market capitalization.

Company Market Cap
China Securities Co Ltd
SHG:601066
 $21.86 Billion
Omnicom Group Inc
NYSE:OMC
 $21.92 Billion
Yuanta Financial Holdings Co Ltd
TW:2885
 $21.92 Billion
NiSource Inc
NYSE:NI
 $21.94 Billion
POP MART INT.GRP.DL-0001
F:735
 $21.78 Billion
VONOVIA SE ADR 1/2/O.N
F:VNAA
 $21.78 Billion
Coles Group Ltd
AU:COL
 $21.77 Billion
Veralto Corporation
NYSE:VLTO
 $21.76 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Adani Green Energy Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 98,340,000,000 to 121,370,000,000, a change of 23,030,000,000 (23.4%).
  • Net income of 14,440,000,000 contributed positively to equity growth.
  • Other comprehensive income increased equity by 540,000,000.
  • Other factors increased equity by 8,050,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs14.44 Billion +11.9%
Other Comprehensive Income Rs540.00 Million +0.44%
Other Changes Rs8.05 Billion +6.63%
Total Change Rs- 23.42%

Book Value vs Market Value Analysis

This analysis compares Adani Green Energy Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 16.02x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.38x to 16.02x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-03-31 Rs3237.77 Rs1227.15 x
2017-03-31 Rs17.34 Rs1227.15 x
2018-03-31 Rs7.93 Rs1227.15 x
2019-03-31 Rs12.36 Rs1227.15 x
2020-03-31 Rs15.07 Rs1227.15 x
2021-03-31 Rs14.07 Rs1227.15 x
2022-03-31 Rs16.71 Rs1227.15 x
2023-03-31 Rs46.18 Rs1227.15 x
2024-03-31 Rs62.01 Rs1227.15 x
2025-03-31 Rs76.62 Rs1227.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Adani Green Energy Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 11.90%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.72%
  • • Asset Turnover: 0.10x
  • • Equity Multiplier: 9.18x
  • Recent ROE (11.90%) is above the historical average (2.37%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 -0.56% -178488.10% 0.00x 40.96x Rs-143.17 Million
2017 -3.88% -9.30% 0.08x 5.12x Rs-1.67 Billion
2018 -11.08% -9.29% 0.12x 9.72x Rs-2.62 Billion
2019 -24.51% -22.82% 0.14x 7.58x Rs-6.67 Billion
2020 -0.98% -0.90% 0.14x 7.82x Rs-2.59 Billion
2021 9.55% 6.71% 0.11x 13.06x Rs-100.00 Million
2022 18.71% 9.51% 0.09x 22.63x Rs2.28 Billion
2023 13.34% 12.50% 0.12x 9.22x Rs2.44 Billion
2024 11.19% 11.90% 0.10x 9.00x Rs1.17 Billion
2025 11.90% 12.72% 0.10x 9.18x Rs2.30 Billion

Industry Comparison

This section compares Adani Green Energy Limited's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $53,773,455,068
  • Average return on equity (ROE) among peers: 4.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Adani Green Energy Limited (ADANIGREEN) Rs290.84 Billion -0.56% 3.33x $21.86 Billion
ACME Solar Holdings Limited (ACMESOLAR) $19.30 Billion -0.16% 5.31x $1.98 Billion
Inox Green Energy Services Limited (INOXGREEN) $6.61 Billion 0.25% 1.35x $784.73 Million
Karma Energy Limited (KARMAENG) $854.81 Million -2.86% 1.15x $6.56 Million
KPI Green Energy Limited (KPIGREEN) $990.39 Million 8.99% 0.63x $956.00 Million
NHPC Limited (NHPC) $91.85 Billion 5.76% 0.94x $9.04 Billion
NTPC Green Energy Limited (NTPCGREEN) $185.32 Billion 2.57% 1.45x $10.01 Billion
SJVN Limited (SJVN) $71.48 Billion 14.95% 0.60x $3.36 Billion

About Adani Green Energy Limited

NSE:ADANIGREEN India Utilities - Renewable
Market Cap
$21.86 Billion
Rs2.02 Trillion INR
Market Cap Rank
#1164 Global
#33 in India
Share Price
Rs1227.15
Change (1 day)
-1.42%
52-Week Range
Rs772.80 - Rs1249.95
All Time High
Rs2970.50
Categories
Companies in India Utilities - Renewable
About

Adani Green Energy Limited generates and supplies renewable energy to central and state government entities and government backed corporations in India. The company develops, builds, owns, operates, and maintains power plants through renewable sources, such as solar, wind, and hybrid. It operates solar power plants with an operational capacity of 10,103 megawatts (MW); wind power plants with an o… Read more