If you’re considering investing in the share market, particularly in the renewable energy sector, Adani Green Energy Limited (AGEL) might be on your radar.
This article will provide a comprehensive, easy-to-understand analysis of Adani Green’s share price targets for 2024, 2025, 2027, 2030, and 2050.
With insights from expert research and detailed financial analysis, this post will help you make informed decisions about investing in AGEL. Let’s break it down step by step!
What is Adani Green Energy Limited (AGEL)?
Adani Green Energy Limited, established in 2015, is a key player in India’s renewable energy sector. It operates primarily in solar and wind power generation, contributing significantly to the country’s green energy transition.
Headquartered in Ahmedabad, Gujarat, AGEL is part of the Adani Group, one of India’s largest conglomerates.
- Company Name: Adani Green Energy Limited
- Market Cap: ₹2,97,814.78 Crore
- Book Value: ₹28.12
- Face Value: ₹10
- 52-Week High: ₹2,245.85
- 52-Week Low: ₹816
- P/B Ratio: 68.12
- Dividend Yield: 0%
AGEL’s Operational Overview
Adani Green has rapidly expanded its operational capacity, operating over 5,280 MW across 46 projects in 11 states. The company’s renewable energy operations primarily focus on solar and wind energy, and it has set ambitious goals for the future.
- Solar Power Capacity (2021): 3,547 MW
- Wind Power Capacity: Multiple projects across India
- Target for 2030: 46 GW of renewable energy capacity
AGEL’s Financial Performance: Key Metrics
Let’s dive into some of AGEL’s key financial metrics, which help determine its overall financial health and growth potential.
Metric | Value |
---|---|
PE Ratio | 233.1 |
Return on Assets (ROA) | -1.59% |
Current Ratio | 0.72 |
Return on Equity (ROE) | -11.73% |
The company’s financials show a high PE ratio, which could indicate investor optimism, but its negative ROA and ROE suggest that AGEL is still working on profitability. These figures are essential for determining long-term investment viability.
Historical Share Performance of Adani Green
AGEL has experienced impressive growth in recent years, as seen in the following share price returns:
- 6-Month Growth: +240.85 (14.83%)
- 1-Year Growth: +879.45 (89.23%)
- 5-Year Growth: +1,821.75 (4,212.14%)
- Max Growth: +1,835.55 (6,232.77%)
The company’s performance indicates a strong long-term upward trend, making it an attractive option for those seeking growth in the renewable energy sector.
Adani Green Share Price Target 2025
Looking ahead to 2025, AGEL is poised to expand its renewable energy portfolio further, particularly in solar and hybrid power plants. Some key plants include:
- Kamuthi Solar Plant (649 MW)
- Chitrakoot Solar Plant (75 MW)
- Maskal Solar Plant (50 MW)
AGEL plans to increase its total renewable energy capacity to 46 GW by 2030, which will significantly contribute to its revenue.
- 1st Price Target for 2025: ₹2,245.63
- 2nd Price Target for 2025: ₹2,541.52
Despite some challenges in profitability, the company’s sales growth remains strong, with an increase from ₹1,745 Crore in 2023 to ₹7,485.23 Crore in 2024.
Adani Green Share Price Target 2027
By 2027, AGEL’s hybrid energy projects will become a major part of its portfolio. The company started operating hybrid projects in 2022, and by 2023, its total operational power capacity reached 20,546 MW, including:
- Hybrid Power: 2,854 MW
- Wind Power: 2,253 MW
- Solar Power: 15,689 MW
The company’s strong sales growth of 107.12% in the last 5 years and its expansion plans point to a bright future.
- 1st Price Target for 2027: ₹2,910.66
- 2nd Price Target for 2027: ₹3,174.45
Adani Green Share Price Target 2030
As AGEL moves towards 2030, its operational capacity is expected to increase significantly. Some of the company’s notable wind power projects include:
- Mundra, Gujarat (12 MW)
- Lahori, Madhya Pradesh (12 MW)
- Mandvi, Gujarat (300 MW)
With additional plants under construction, AGEL’s revenue and operational capacity will continue to rise.
- 1st Price Target for 2030: ₹3,847.41
- 2nd Price Target for 2030: ₹4,189.45
Adani Green Share Price Target 2040 & 2050
Looking further into the future, AGEL’s innovations in hybrid solar and wind power generation, such as the hybrid power plant in Jaisalmer, Rajasthan (2240 MW), will drive growth in the coming decades.
- 1st Price Target for 2040: ₹7,445.65
- 2nd Price Target for 2040: ₹7,741.78
- 1st Price Target for 2050: ₹7,445.65
- 2nd Price Target for 2050: ₹7,741.78
With increasing international market presence and strong investor confidence, AGEL is set for significant long-term growth.
Peer Companies of Adani Green Energy Limited
Understanding AGEL’s competitors can give you insights into its market positioning. Key peers include:
- Tata Power Limited
- GVK Power and Infrastructure Limited
- Agni Green
- Banka Bioloo
Investors in Adani Green Energy Limited
AGEL’s growth is also influenced by the types of investors holding its shares. Here’s the breakdown:
- Promoter Holding: 56.20%
- Public Holding: 23.30%
- FII Holding: 19.10%
- DII Holding: 1.40%
The high promoter holding and increasing FII participation are positive signals for the company’s future.
Advantages and Disadvantages of Investing in Adani Green Shares
Advantages:
- Revenue Growth: Strong growth of 70.12% over the last 3 years.
- Promoter Confidence: High promoter holding of 56.20%.
- Strong Market Value: AGEL’s market cap is steadily increasing, attracting more investors.
Disadvantages:
- Profitability Concerns: The company has faced challenges with low profitability in recent years.
- Debt: AGEL carries a high amount of debt, which could pose risks to long-term growth.
Frequently Asked Questions (FAQ)
1. Who is the CEO of Adani Green Energy Limited?
- Vneet S. Jaain is the CEO of Adani Green Energy Limited.
2. What is the main function of Adani Green Energy Limited?
- AGEL is India’s largest renewable energy company, focusing on solar, wind, and hybrid energy projects.
3. Should I invest in Adani Green Shares right now?
- Given its strong growth in recent years, Adani Green offers attractive long-term investment potential, despite some short-term profitability challenges.
Conclusion
Adani Green Energy Limited stands as a leader in the renewable energy sector in India, with promising growth in the years ahead. Its strong project pipeline and expansion plans make it a strong contender for long-term investments.
While there are some challenges regarding profitability and debt, the company’s revenue growth and market positioning suggest that AGEL will continue to perform well in the coming years.
If you’re looking to invest in a growth stock within the renewable energy sector, AGEL could be an excellent option. Make sure to stay updated on the company’s performance and market conditions before making any investment decisions.
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