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Earnings Call Transcript

Adani Green Energy Earnings Call Transcript: Key Takeaways

AGEL reported Q1 FY27 revenue from power supply up 29% YoY to INR 4,280 Cr with a 94% EBITDA margin. Focus remains on de-risking through C&I contracts and aggressive BESS expansion.

Highlights
Revenue growth29% YoY growth in power supply revenue for Q1 FY27.
MarginsIndustry-leading 94% EBITDA margin on power supply.
Demand visibilityStrong; driven by rising AI, data centers, and grid stability needs.
Management confidenceHigh; citing disciplined execution and successful 20 GW capacity milestone.

Growth

Revenue from power supply rose 29% YoY; EBITDA from power supply increased 33% YoY to INR 4,122 Cr.

Outlook

Guidance of 5 GW RE addition and 10+ GWh BESS capacity for FY27; FY27 CapEx guided at INR 42,000 Cr.

Risks

Potential for 5-7% EBITDA impact from curtailment, though management expects this to resolve by end of 2026.

Last quarter's promises, checked

Delivered

  • Guided 5.1 GW addition in FY26 → delivered 5.1 GW (= BEAT)
  • Guided 1.4 GWh BESS capacity → delivered 1.9 GWh (= BEAT)
  • Guided ~90% EBITDA margin → delivered 91.2% (= BEAT)

Partly delivered

  • Guided INR 1,500 Cr recovery → Alleviated over 1-2 years (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: ADANIGREEN. Summary written with AI assistance from the document.

Read the document ↗

Adani Green Energy Ltd: key numbers

Share price
₹1,296.60
Market cap
₹2,13,573 Cr
Revenue (annual)
₹12,928 Cr
Net profit (annual)
₹1,652 Cr
P/E (TTM)
119.7×Sector 25.1×
Promoter holding
62.43%+0.00% QoQ
FII holding
11.84%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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