Explore 3 Stock Ideas & Industry Insights Download Free Report

Azure Power Global Limited

Utilities US AZREF

0.55USD
-0.45(45.00%)

Last update at 2026-06-22T13:30:00Z

Day Range

0.550.55
LowHigh

52 Week Range

0.051.40
LowHigh

Fundamentals

  • Previous Close 1.00
  • Market Cap64.17M
  • Volume100
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA12115.00M
  • Revenue TTM20523.00M
  • Revenue Per Share TTM319.84
  • Gross Profit TTM 18709.00M
  • Diluted EPS TTM-0.56

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax -3577.00000M -3221.00000M 341.00M -810.00000M -3905.00000M
Minority interest - 58.00M 37.00M 22.00M -5.00000M
Net income -3131.00000M -3345.00000M -2285.00000M -2104.00000M -4206.00000M
Selling general administrative 6692.00M 6376.00M 4777.00M 2067.00M 2988.00M
Selling and marketing expenses - 2039.26M - - -
Gross profit 18709.00M 19390.00M 18923.00M 16744.00M 13975.00M
Reconciled depreciation - 4621.00M 4024.00M 3667.00M 3202.00M
Ebit 7441.00M 8393.00M 9985.00M 9144.00M 7767.00M
Ebitda 12115.00M 13106.00M 14009.00M 12811.00M 10969.00M
Depreciation and amortization 4674.00M 4713.00M 4024.00M 3667.00M 3202.00M
Non operating income net other - - - - -
Operating income 7114.00M 7771.00M 8843.00M 11090.00M 4530.00M
Other operating expenses 13409.00M 13536.00M 10626.00M 7331.00M 7451.00M
Interest expense 10166.00M 11900.00M 9644.00M 10067.00M 8410.00M
Tax provision - 182.00M 2663.00M 1316.00M 296.00M
Interest income - 1854.00M 1668.00M 772.00M 587.00M
Net interest income - -11031.00000M -8375.00000M -11930.00000M -8410.00000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 458.00M 182.00M 2663.00M 1316.00M 296.00M
Total revenue 20523.00M 21307.00M 20748.00M 18341.00M 15236.00M
Total operating expenses 11595.00M 11619.00M 8801.00M 5734.00M 6190.00M
Cost of revenue 1814.00M 1917.00M 1825.00M 1597.00M 1261.00M
Total other income expense net -10691.00000M -10992.00000M -8502.00000M 110.00M -3280.00000M
Discontinued operations - - - - -
Net income from continuing ops - -3403.00000M -2322.00000M -2126.00000M -4201.00000M
Net income applicable to common shares - - - - -4206.00000M
Preferred stock and other adjustments - - - - -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 173618.00M 179937.00M 190536.00M 190619.00M 148465.00M
Intangible assets 10.00M 9.00M 1.00M 8.00M 29.00M
Earning assets - - - - -
Other current assets 15937.00M 15446.00M 812.00M 518.00M 2190.00M
Total liab 142822.00M 147151.00M 155001.00M 151043.00M 124013.00M
Total stockholder equity 30593.00M 32219.00M 34910.00M 38914.00M 24248.00M
Deferred long term liab - - - - 141.00M
Other current liab 8132.00M 7481.00M 6841.00M 6266.00M 5775.00M
Common stock 3.00M 3.00M 3.00M 3.00M 2.00M
Capital stock - 3.00M 3.00M 3.00M 2.00M
Retained earnings -24073.00000M -20942.00000M -17597.00000M -15312.00000M -12786.00000M
Other liab - - - - 6669.00M
Good will - - - - -
Other assets - - - - 9002.00M
Cash 8670.00M 7469.00M 12724.00M 18796.00M 11107.00M
Cash and equivalents - - - - -
Total current liabilities 20046.00M 55554.00M 26199.00M 26614.00M 24063.00M
Current deferred revenue - 179.00M 308.00M 230.00M 110.00M
Net debt 114940.00M 119313.00M 122421.00M 113825.00M 96058.00M
Short term debt 10822.00M 46282.00M 17546.00M 16545.00M 13884.00M
Short long term debt - 45966.00M 17254.00M 16245.00M 13601.00M
Short long term debt total 123610.00M 126782.00M 135145.00M 132621.00M 107165.00M
Other stockholder equity 56724.00M 56741.00M 56743.00M 56726.00M 38004.00M
Property plant equipment - - - - 113061.00M
Total current assets 29254.00M 27551.00M 27851.00M 30679.00M 26366.00M
Long term investments - 457.00M 457.00M 96.00M 7.00M
Net tangible assets - - - - 24219.00M
Short term investments 3.00M 7.00M 7.00M 6.00M -
Net receivables 4636.00M 4623.00M 5934.00M 6139.00M 4887.00M
Long term debt - 77031.00M 114191.00M 112542.00M 89922.00M
Inventory 8.00M 13.00M 13.00M 5220.00M 8182.00M
Accounts payable 1092.00M 1429.00M 1504.00M 3573.00M 4294.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -2061.00000M -3583.00000M -4239.00000M -2503.00000M -972.00000M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 9127.00M 9081.00M 13105.00M 9119.00M 7254.00M
Deferred long term asset charges - - - - -
Non current assets total 144364.00M 152386.00M 162685.00M 159940.00M 122099.00M
Capital lease obligations - 3785.00M 3700.00M 3834.00M 3642.00M
Long term debt total - - - - -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments - -398.00000M -6258.00000M -39427.00000M -18919.00000M
Change to liabilities - - - - 48.00M
Total cashflows from investing activities -145.00000M -398.00000M -6258.00000M - -18919.00000M
Net borrowings - -7626.00000M -4118.00000M - 14947.00M
Total cash from financing activities -5071.00000M -7626.00000M -4118.00000M 41940.00M 15092.00M
Change to operating activities - - - - -12.00000M
Net income -3131.00000M -3403.00000M -2322.00000M -2126.00000M -4201.00000M
Change in cash 2002.00M -5023.00000M -2339.00000M 7148.00M 641.00M
Begin period cash flow 15944.00M 20967.00M 23306.00M 16158.00M 15517.00M
End period cash flow 17946.00M 15944.00M 20967.00M 23306.00M 16158.00M
Total cash from operating activities 7207.00M 3344.00M 7957.00M 4597.00M 4977.00M
Issuance of capital stock - - 0.00000M 18622.00M 402.00M
Depreciation 5345.00M 4621.00M 4024.00M 3667.00M 3202.00M
Other cashflows from investing activities 310.00M -4.00000M 3.00M - -
Dividends paid - - - - -
Change to inventory 5.00M -13.00000M -13.00000M -3929.00000M -12.00000M
Change to account receivables -91.00000M 1116.00M -916.00000M -1057.00000M -874.00000M
Sale purchase of stock - - - - -
Other cashflows from financing activities -105.00000M -1608.00000M -6258.00000M 113340.00M 25253.00M
Change to netincome - - - - 6408.00M
Capital expenditures 455.00M 394.00M 5953.00M 40890.00M 18919.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 4543.00M -679.00000M 955.00M -1455.00000M -838.00000M
Stock based compensation -17.00000M -0.00200M -629.00000M -295.00000M 1001.00M
Other non cash items 467.00M 3639.00M 4315.00M 4349.00M 6142.00M
Free cash flow 6752.00M 2939.00M 2004.00M -36293.00000M -13942.00000M

Peer Comparison

Sector: Utilities Industry: Utilities - Renewable

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AZREF
Azure Power Global Limited
-0.45 45.00% 0.55 - 2.06 0.0031 0.18 5.88 9.42
DNNGY
Orsted A/S ADR
-0.14 1.82% 7.54 83.60 25.45 0.46 1.47 3.58 11.21
OEZVY
Verbund AG ADR
0.36 2.68% 13.81 10.72 13.53 2.57 3.06 2.51 6.50
AXIA
AXIA Energia
0.17 1.65% 10.48 28.04 21.37 0.71 1.22 4.73 54.02
FOJCY
Fortum Oyj ADR
-0.02 0.44% 4.50 25.20 20.45 4.54 2.34 4.20 14.56

Reports Covered

Stock Research & News

Profile

Azure Power Global Limited operates as a renewable energy developer and independent renewable power producer in India. It builds, owns, and operates grid-scale renewable energy projects; and supplies renewable energy to government utilities, and independent industrial and commercial customers on a long-term power purchase agreement. The company has an operating capacity of 3,041 megawatts, including rooftop capacity of 86.5 megawatts. Azure Power Global Limited was founded in 2008 and is based in Gurugram, India.

Azure Power Global Limited

Tower A, DLF Infinity, Gurugram, India, 122002

Key Executives

Name Title Year Born
Mr. Sunil Kumar Gupta Chief Executive Officer NA
Mr. Sugata Sircar F.C.A. Executive Director of Finance & Group CFO 1963
Mr. Ramamurthy Narasimhan Iyer Chief Operating Officer NA
Mr. Vikas Bansal Head of Investor Relations 1985
Ms. Akriti Gandotra Head of Legal 1986
Ms. Samitla Subba VP of Corporate Affairs of Policy & Communications and Head of Policy & Communications 1986
Ms. Shweta Srivastava Chief Human Resource Officer NA
Mr. Preet Sandhu Executive VP and Head of Land, Corporate Operations & Rooftop Business Units 1969
Mr. Gaurang Sethi VP & Head of Bidding 1987
Mr. Kuldeep Jain Senior VP of Project Development & Construction and Head of Construction 1964

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.