Comparison · NSE · data 2026-11-01
Adani Green Energy Limited vs NTPC Green Energy Limited
In plain words
Size: Adani Green Energy Limited is about 3.1 times the market value of NTPC Green Energy Limited.
Return on equity: Adani Green Energy Limited 10.5% vs NTPC Green Energy Limited 2.8%.
Profit growth over 3 years: NTPC Green Energy Limited 45.1% a year vs Adani Green Energy Limited 22.6% a year.
Debt to equity: Adani Green Energy Limited 5.29 vs NTPC Green Energy Limited 1.67.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ADANIGREEN | NTPCGREEN | |
|---|---|---|
| Price | ₹1,298.7 | ₹82.44 |
| Market cap | ₹2,13,367 cr | ₹69,492 cr |
| P/E | 114.2 | 105.8 |
| P/B | 10.2 | 3.6 |
| ROE | 10.5% | 2.8% |
| ROCE | 6.9% | 2.8% |
| Debt / equity | 5.29 | 1.67 |
| Operating margin | 60.9% | 50.1% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 18.5% | 158.9% |
| Profit growth, 3 years (yearly) | 22.6% | 45.1% |
| 1-year return | 16.7% | -21.8% |
| Revenue, last 12 months | ₹14,809 cr | ₹3,611 cr |
| Net profit, last 12 months | ₹1,874 cr | ₹657 cr |
| Latest quarter | Dec 2024 | Sept 2026 |
| Quarter net profit | ₹492 cr | ₹137 cr |
| Quarter profit vs a year earlier | — | +57.0% |
| Promoter holding | 62.43% | 89.01% |
| Health check | Average (4.3/10) | Weak (3.5/10) |
Common questions
Which has a higher P/E, Adani Green Energy Limited or NTPC Green Energy Limited?
Adani Green Energy Limited trades at the higher P/E (114.2 against 105.8). 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 2.8%).
Which carries more debt?
Adani Green Energy Limited has the higher debt-to-equity ratio (5.29 against 1.67).