“Adani Green Energy: Solar Profits with a Side of Sunshine and Scepticism”

📈 EduInvesting.in | May 11, 2025


☀️ The Bright Side

MetricFY25YoY Growth
Revenue₹9,029 crore↑ 41%
EBITDA₹7,222 crore↑ 25%
Net Profit₹1,205 crore↑ 61% (finally in sunlight)
Installed Capacity10,934 MW↑ 35%
Debt₹45,000+ crore☁️ still cloudy

⚡ From Coal-Scandal Cousin to Clean-Energy Champion

In 2023, Adani Green was the “clean” cousin at the Adani family reunion—while others were busy explaining short seller reports and SEBI love letters, AGEL (Adani Green Energy Ltd) stood tall, powered by the sun, the wind, and perhaps Gautambhai’s divine aura.

FY25 was the year AGEL went full “Green Hulk” mode—posting a 61% jump in net profit while increasing its installed renewable capacity like college kids collect Spotify playlists.


🏭 What’s Powering the Profits?

Solar Portfolio:

AGEL now manages more solar panels than your housing society has WhatsApp groups. Over 8,000 MW is solar-based, generating steady cash and sunburns.

Hybrid Projects:

The company launched India’s first 2 GW solar-wind hybrid power plant in Rajasthan. Because why choose one when you can flaunt both on your investor deck?

Operational Efficiency:

CUF (Capacity Utilization Factor) improved to 26.5%, meaning the sun actually showed up to work this year.


🌞 But Wait—Is It All Sunshine?

Let’s address the elephant in the room—or should we say the camel in the Thar desert.

💰 Debt Situation:

YearGross Debt
FY24₹43,000 cr
FY25₹45,000+ cr (and counting)

You know it’s serious when even your balance sheet needs a yoga retreat.

🤝 Promoter Support:

In a classic “Don’t worry bro, I got you” move, Adani Enterprises and Adani Transmission continue to lend their muscle. Foreign investors still remember 2023’s Hindenburg episode like an emotional breakup.


📈 Shareholder Rollercoaster

Stock MetricValue
CMP (May 2025)₹1,490
52-Week Low₹753
52-Week High₹1,672
Return from Lows↑ 98%
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