Azure Power Global Ltd

Company Profile

Azure Power Global Ltd had its IPO on 2016-10-12 under the ticker symbol AZRE.

The company operates in the Utilities sector and Utilities-Renewable industry. Azure Power Global Ltd has a staff strength of 471 employees.

Stock update

Shares of Azure Power Global Ltd opened at $0.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.4 - $0.74, and closed at $0.5.

This is a +25% increase from the previous day's closing price.

A total volume of 4,460 shares were traded at the close of the day’s session.

In the last one week, shares of Azure Power Global Ltd have increased by 0%.

Azure Power Global Ltd's Key Ratios

Azure Power Global Ltd has a market cap of $144.36 million, indicating a price to book ratio of 1.1042 and a price to sales ratio of 0.0187.

In the last 12-months Azure Power Global Ltd’s revenue was $17.58 billion with a gross profit of $13.98 billion and an EBITDA of $15.42 billion. The EBITDA ratio measures Azure Power Global Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Azure Power Global Ltd’s operating margin was 67.81% while its return on assets stood at 4.8% with a return of equity of -11.78%.

In Q4, Azure Power Global Ltd’s quarterly earnings growth was a positive 1672.5% while revenue growth was a positive 27.2%.

Azure Power Global Ltd’s PE and PEG Ratio

Forward PE

3.9984

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.69 per share while it has a forward price to earnings multiple of 3.9984 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Azure Power Global Ltd’s profitability.

Azure Power Global Ltd stock is trading at a EV to sales ratio of 0.0974 and a EV to EBITDA ratio of 0.1458. Its price to sales ratio in the trailing 12-months stood at 0.0187.

Azure Power Global Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$166.11 billion

Total Liabilities

$40.03 billion

Operating Cash Flow

$-10855000000.00

Capital Expenditure

$10.92 billion

Dividend Payout Ratio

0%

Azure Power Global Ltd ended 2024 with $166.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $166.11 billion while shareholder equity stood at $23.57 billion.

Azure Power Global Ltd ended 2024 with $0 in deferred long-term liabilities, $40.03 billion in other current liabilities, 2000000.00 in common stock, $-13001000000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $8.58 billion and cash and short-term investments were $8.58 billion. The company’s total short-term debt was $27,861,000,000 while long-term debt stood at $92.12 billion.

Azure Power Global Ltd’s total current assets stands at $24.43 billion while long-term investments were $6.00 million and short-term investments were $0. Its net receivables were $5.48 billion compared to accounts payable of $7.02 billion and inventory worth $0.

In 2024, Azure Power Global Ltd's operating cash flow was $-10855000000.00 while its capital expenditure stood at $10.92 billion.

Comparatively, Azure Power Global Ltd paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.5

52-Week High

$16.09

52-Week Low

$1.62

Analyst Target Price

$4

Azure Power Global Ltd stock is currently trading at $0.5 per share. It touched a 52-week high of $16.09 and a 52-week low of $16.09. Analysts tracking the stock have a 12-month average target price of $4.

Its 50-day moving average was $0.65 and 200-day moving average was $2.56 The short ratio stood at 4.33 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 9174% are held by institutions.