ADANIGREEN
Adani Green Energy Limited
Each stock's 10,000-path forecast, rendered as light.
Adani Green Energy Limited (ADANIGREEN) Stock Analysis & Case Study
Is ADANIGREEN a good buy? The data-driven verdict.
Adani Green Energy Limited (ADANIGREEN) trades at ₹1,372,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 28/100.
On the numbers, Adani Green Energy Limited (ADANIGREEN) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 117.0× earnings, ROE of 11.4%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
ADANIGREEN fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How ADANIGREEN ranks against the 2,373 companies in our screener
- ADANIGREEN's market cap of 2.26L Cr ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ADANIGREEN's book value of ₹121 ranks in the 58th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ADANIGREEN's promoter holding of 62.4% ranks in the 57th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ADANIGREEN's 3-year profit (PAT) growth of 17.0% ranks in the 52nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ADANIGREEN's 3-year revenue growth of 18.0% ranks in the 69th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ADANIGREEN's debt-to-equity ratio of 5.19x is lower than 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is ADANIGREEN overvalued? ADANIGREEN P/E vs its Power
ADANIGREEN's P/E of 117.0× sits above the Power peer median of 20.9×, so on earnings it screens richer than peers.
ADANIGREEN share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 8.0y of ADANIGREEN history (47%/yr drift, 48%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ADANIGREEN 2027 | ₹733 | ₹1,379 | ₹2,594 | +1% |
| ADANIGREEN 2028 | ₹581 | ₹1,386 | ₹3,309 | +1% |
| ADANIGREEN 2029 | ₹482 | ₹1,393 | ₹4,029 | +2% |
| ADANIGREEN 2030 | ₹419 | ₹1,400 | ₹4,673 | +2% |
| ADANIGREEN 2031 | ₹363 | ₹1,407 | ₹5,448 | +3% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ADANIGREEN goes up, or doubles?
The bull case for ADANIGREEN
- Adani Green Energy Limited is part of the nifty50 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹4,029.
The bear case & risks
- ADANIGREEN's P/E of 117.0x is lower than 9% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 11.3× price-to-book means most of the value is intangible/expectations, not assets on the books.
- ADANIGREEN's return on equity of 11.4% ranks in the 57th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹482.
ADANIGREEN volatility & expected range, how bumpy is the ride?
Over the last 8.0 years ADANIGREEN compounded at 47%/year with annualized volatility of 48%. That volatility implies a 1-year 80% range of ₹733-₹2,594, the honest backbone behind any single price target.
ADANIGREEN price forecast, the full 60-month probability fan
ADANIGREEN price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ADANIGREEN hits common targets within the simulated horizon?
Full multi-horizon detail on the ADANIGREEN price target & forecast page.
ADANIGREEN Piotroski F-Score: 4/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ADANIGREEN scores 4/8, mixed financial health.
ADANIGREEN MTF margin & leverage across 8 brokers
Margin Trading Facility lets you buy ADANIGREEN with part of the capital. Lower margin % = higher leverage. Rates compared across 8 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 32.78% | 3.1× |
| Zerodha | 30.90% | 3.2× |
| Groww | 31.04% | 3.2× |
| DhanCHEAPEST | 29.23% | 3.4× |
| Kotak Neo | 30.03% | 3.3× |
| Paytm Money | 29.69% | 3.4× |
| Pocketful | 36.57% | 2.7× |
| Anand Rathi | 36.23% | 2.8× |
Compare every broker on the ADANIGREEN MTF page.
ADANIGREEN vs peers,Power comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| ADANIGREEN (this stock) | 117.0× | - | ₹2.26L Cr |
| NTPC | 12.0× | 1.61% | ₹3.32L Cr |
| POWERGRID | 15.9× | 3.31% | ₹2.53L Cr |
| TATAPOWER | 31.1× | 0.66% | ₹1.22L Cr |
| NHPC | 20.4× | 2.09% | ₹77,266 Cr |
| ADANIPOWER | 28.3× | 0.00% | ₹4.03L Cr |
| SUZLON | 20.9× | 0.00% | ₹65,646 Cr |
Fundamentals from Screener.in, as of 9 Aug 2026
About Adani Green Energy Limited: sector, index & market-cap context
Adani Green Energy Limited (ADANIGREEN) is a large-cap NSE-listed company in the Power sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹2.26L Cr. See more stocks on our screener.
How the ADANIGREEN Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Adani Green Energy Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ADANIGREEN analysis, FAQs
Is Adani Green Energy Limited (ADANIGREEN) a good buy?
On the numbers, Adani Green Energy Limited (ADANIGREEN) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 117.0× earnings, ROE of 11.4%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ADANIGREEN overvalued or undervalued?
ADANIGREEN trades at 117.0× earnings versus a peer median of 20.9×, so it screens richer than its Power peers.
What is the ADANIGREEN share price target for 2031?
ADANIGREEN's probability-weighted 2031 median target is ₹1,407, with an 80% range of ₹363-₹5,448 (10,000-path Monte-Carlo).
What is the probability ADANIGREEN doubles in 5 years?
The modelled probability of ADANIGREEN reaching ₹2,745 (2×) within 5 years is 27%.
What is the bull case for ADANIGREEN?
Adani Green Energy Limited is part of the nifty50 universe with live, tracked fundamentals on Downstox.
What are the risks in ADANIGREEN?
ADANIGREEN's P/E of 117.0x is lower than 9% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 11.3× price-to-book means most of the value is intangible/expectations, not assets on the books. ADANIGREEN's return on equity of 11.4% ranks in the 57th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.