Adani Green Energy Limited — Q3 FY24
Adani Green Energy reported strong operational and financial performance for 9M FY24, with revenue from power supply up 57% to INR 5,794 crore and EBITDA up 52% to INR 5,412 cro...
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q2 FY24
FY2024 capacity addition of 2.8-3 GW
Management guided for 2.8 to 3 GW capacity addition in FY2024, with most commissioning in the second half. Funding is fully secured.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY24
Refinancing of RG-One bonds at similar cost
Management expects to refinance the $500 million RG-One bond through USD PP market at an effective cost similar to current AGEL Holdco cost of ~9.6%, with no material increase.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY24
Pumped storage FID by end of FY2024
Management expects to take a final investment decision (FID) on a pumped storage project before the end of FY2024, with construction cycle of 27-33 months.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1