ADANIGREEN / language trends

Read confidence between the lines.

Adani Green Energy · tone and specificity signals across the available quarters.

Research layer active

Language signals

What changed in management language.

Q1-FY24 · Phunsav Wangyal

Our run rate EBITDA with this 8,316 megawatt capacity stands at ₹7,645 crore. With net debt of ₹14,800 crores by June end, net debt to run rate EBITDA is at 5.3x.

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Q1-FY24 · Amit Singh

We are really razor bent on our target of delivering 45 gigawatt in excess of 45 gigawatt by 2030 through the use of Solar, Wind and Solar-Wind Hybrid Solutions as major contributors.

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Q1-FY24 · Raj Kumar Jain

Our relationship is something which gives us something which is better than the market. In times when the market is stressed in terms of very high prices, we do get preference, which is more outsized.

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Q1-FY25 · Amit Singh

Our EBITDA from power supply increased by 23% to INR 2,374 crore, with an industry-leading EBITDA margin of 92.6%.

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Q1-FY25 · Amit Singh

We are very confident that, you know, the new generation capacity which is coming through, you know, in Khavda, where all the new lines are being commissioned and all the evacuation established, we are expecting a higher degree of availability around, you know, you could argue 98%-99%.

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Q1-FY25 · Phuntsok Wangyal

We do not expect net run rate, net debt to run rate EBITDA to be any way than a level, higher than what we have right now.

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Q1-FY26 · Ashish Khanna

Surpassing a historic milestone of 15 gigawatt operational renewable energy capacity, and Adani Energy Green is proud to have held in accelerating the transition to clean energy.

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Q1-FY26 · Ashish Khanna

Our revenue from power supply increased by 31% year on year to rupees 3,312 crore, and EBITDA rose by 31% to 3,108 crore, delivering industry best EBITDA margin of 92.8%.

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Q1-FY26 · Ashish Khanna

We are not desperate. We pick what where we feel is the best place for us.

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Q2-FY24 · Phuntsok Wangyal

Our revenue from power supply has increased by 66% year-on-year to INR 4,029 crore, with corresponding total income standing at INR 4,979 crore.

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Q2-FY24 · Amit Singh

We are very confident of our team's ability to deliver on those plans.

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Q2-FY24 · Amit Singh

We don't believe that signing vanilla PPAs will bring us the best returns. So we will be carefully monitoring the market, and we'll participate where we essentially make sure that we high grade our portfolio and get the best returns for our shareholders.

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Q2-FY25 · Amit Singh

Our revenue and power supply rose by 20% year-on-year to INR 4,836 crore, backed by a robust capacity addition over the year.

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Q2-FY25 · Amit Singh

We are committed to our 6 GW capacity addition this year, and our teams are working extensively to deliver the same.

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Q2-FY25 · Amit Singh

This is our first step towards decarbonizing the industry, enabling energy-intensive operations like data centers to fulfill their power requirements with cost-effective and clean energy solutions.

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Q2-FY26 · Ashish Khanna

Our EBITDA margin remains best in class at 92%, and cash profit surged by 17% year-on-year to INR 3,904 crores.

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Q2-FY26 · Ashish Khanna

We are committed to the 5 GW, and I think we would like to first achieve that before saying anything else on the future capacities.

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Q2-FY26 · Ashish Khanna

We do expect another 2.5 GW or more than that coming in this particular H2 of further evacuation.

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Q3-FY24 · Phuntsok Wangyal

We have now completely placed in place cash-based funding for $1,050 million GoldCo, redemption of which is due in December 2024.

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Q3-FY24 · Raj Kumar Jain

We are very close to doing one project. And I think that's something which we will be able to come out very soon and give you the details.

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Q3-FY24 · Amit Singh

We have to match our existing locking portfolio with our execution pace and capacity. So today, as we had earlier guided, our execution capacity is in the near about of 2.5 GW. We are working hard to grow that capacity to north of 5 GW from next year.

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Q3-FY25 · Amit Singh

We are very well set with our existing capital management program, and the framework we put in place is making sure that we have a very resilient supply of capital to fund our ambition.

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Q3-FY25 · Amit Singh

We are not interested in taking these kind of funds in the market. We are very much very carefully working with the big suppliers of battery systems in the world, and we are aware of the trends and technology progress and improvement.

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Q3-FY25 · Amit Singh

We have made sure that our numbers, which we have shared with you, are very well aligned with transmission readiness with you on the ground.

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Q3-FY26 · Ashish Khanna

Our energy sales surged by an impressive 37% year-on-year, reaching 27.6 billion units.

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Q3-FY26 · Ashish Khanna

We are now on track for deployment of one of the world's largest single-location battery energy storage projects in the coming months.

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Q3-FY26 · Ashish Khanna

Our strategy towards investment and expertise in this particular way will be a differentiator between us and others in this industry.

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Q4-FY24 · Sagar Adani

We are developing the world's largest single-location renewable energy plant of 30,000 MW in Khavda. This project will set a blueprint for ultra large-scale renewable energy development globally.

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Q4-FY24 · Sagar Adani

We are in a very unique position to have the ability to build projects without necessarily need of specific contracts, to have the financial capability to build, looking forward to the contracts, not build only after contract sign base.

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Q4-FY24 · Sagar Adani

We are targeting at Adani Green an addition of at least 5 gigawatts of pumped hydro storage capacity by 2030, and have already kicked off construction work for the first 500-megawatt project in Andhra Pradesh.

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Q4-FY25 · Ashish Khanna

We have done more than double than anyone else or any other developer in this country.

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Q4-FY25 · Ashish Khanna

We are well on track now to complete 30 GW from Khavda by 2029.

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Q4-FY25 · Ashish Khanna

From a DOJ standpoint, like I said, it's all quite going forth. The allegations are there. I think we should be seeing the positive results on it too from the individual standpoint.

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Q4-FY26 · Sagar Adani

Our energy sales surged by an impressive 34% year-on-year, reaching 37.6 billion units.

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Q4-FY26 · Sagar Adani

We have lost about INR 500 crores of EBITDA in the past year on account of curtailment.

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Q4-FY26 · Sagar Adani

Our long-term stated goal remains that more than 90% of the capacities that AGEL adds will be tied up in long-term PPAs and long-term contracts.

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