ADANIGREEN

Adani Green is rapidly expanding its renewable energy portfolio, targeting 45 GW capacity by 2030. Q1 FY26 revenue grew 30% YoY, supported by higher operational capacity. Debt levels remain high, but predictable cash flows from long-term PPAs provide comfort. The company is also securing global partnerships to scale up solar and wind capacity. Trading at ~45x FY26 EPS, valuations are expensive but backed by strong growth visibility. Adani Green remains a high-risk, high-reward play in India’s energy transition journey. Suitable for aggressive investors.