Adani Green Energy Limited (AGEL) reported strong financial and operational performance for the half-year ended September 30, 2025. Revenue increased by 26% YoY to ₹6,088 Cr, while EBITDA rose by 25% to ₹5,651 Cr. The company’s operational renewable energy capacity grew by 49% YoY to 16.7 GW, driven by the addition of 2.4 GW of greenfield capacity. AGEL maintains an industry-leading EBITDA margin of 91.8%.
Financial Performance Highlights
Adani Green Energy showcased robust financial results for H1 FY26:
- Revenue from power supply reached ₹6,088 Cr, a 26% increase YoY.
- EBITDA from power supply increased by 25% YoY to ₹5,651 Cr, exceeding the annual EBITDA of FY23, with an industry-leading EBITDA margin of 91.8%.
- Cash Profit up by 17% YoY, reaching ₹3,094 Cr.
Operational Performance
Key operational achievements for the reporting period include:
- Operational capacity increased by 49% YoY to 16.7 GW.
- Greenfield capacity addition of 2.4 GW in H1 FY26 represented 74% of annual capacity addition in FY25.
- Sale of energy increased by 39% YoY.
- Solar portfolio CUF at 24.8%, backed by 99.0% plant availability.
ESG Achievements
AGEL continues to demonstrate strong commitment to ESG:
- Ranked 1st in India and 7th globally in RE sector in latest ESG assessment by Sustainalytics.
Growth Trajectory
AGEL is committed to achieving 50 GW capacity by 2030, focusing on higher returns while maintaining stable cash flows. The company has secured resource-rich sites and is deploying renewable energy at an unprecedented scale and speed.
Debt and Capital Management
The company maintains a focus on de-risking and optimizing finance costs through prudent debt management. It has a well-staggered debt repayment schedule.
Khavda Project Update
The Khavda project, the world’s largest single-location renewable energy project, is progressing with a target capacity of 30 GW by 2029. It’s strategically located in a resource-rich region in Gujarat.
Source: BSE