Comparison · NSE · data 2026-11-01
Adani Energy Solutions Ltd vs Adani Green Energy Limited
In plain words
Size: Adani Green Energy Limited is about 1.3 times the market value of Adani Energy Solutions Ltd.
Valuation (P/E): Adani Green Energy Limited 114.2 vs Adani Energy Solutions Ltd 43.7.
Debt to equity: Adani Green Energy Limited 5.29 vs Adani Energy Solutions Ltd 1.93.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ADANIENSOL | ADANIGREEN | |
|---|---|---|
| Price | ₹1,349.5 | ₹1,298.7 |
| Market cap | ₹1,64,555 cr | ₹2,13,367 cr |
| P/E | 43.7 | 114.2 |
| P/B | 5.3 | 10.2 |
| ROE | 9.6% | 10.5% |
| ROCE | 10.2% | 6.9% |
| Debt / equity | 1.93 | 5.29 |
| Operating margin | 24.7% | 60.9% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 27.8% | 18.5% |
| Profit growth, 3 years (yearly) | 22.7% | 22.6% |
| 1-year return | 38.9% | 16.7% |
| Revenue, last 12 months | ₹33,960 cr | ₹14,809 cr |
| Net profit, last 12 months | ₹3,708 cr | ₹1,874 cr |
| Latest quarter | Dec 2023 | Dec 2024 |
| Quarter net profit | ₹325 cr | ₹492 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 71.19% | 62.43% |
| Health check | Average (5.3/10) | Average (4.3/10) |
Common questions
Which has a higher P/E, Adani Energy Solutions Ltd or Adani Green Energy Limited?
Adani Green Energy Limited trades at the higher P/E (114.2 against 43.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Adani Green Energy Limited (10.5% against 9.6%).
Which carries more debt?
Adani Green Energy Limited has the higher debt-to-equity ratio (5.29 against 1.93).