Comparison · NSE · data 2026-10-30
Adani Green Energy Limited vs Power Grid Corporation of India Limited
In plain words
Size: Power Grid Corporation of India Limited is about 1.1 times the market value of Adani Green Energy Limited.
Valuation (P/E): Adani Green Energy Limited 114.2 vs Power Grid Corporation of India Limited 15.5.
Return on equity: Power Grid Corporation of India Limited 16.2% vs Adani Green Energy Limited 10.5%.
Profit growth over 3 years: Adani Green Energy Limited 22.6% a year vs Power Grid Corporation of India Limited 1.1% a year.
Debt to equity: Adani Green Energy Limited 5.29 vs Power Grid Corporation of India Limited 1.45.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ADANIGREEN | POWERGRID | |
|---|---|---|
| Price | ₹1,298.7 | ₹265 |
| Market cap | ₹2,14,742 cr | ₹2,42,188 cr |
| P/E | 114.2 | 15.5 |
| P/B | 10.2 | — |
| ROE | 10.5% | 16.2% |
| ROCE | 6.9% | 9.5% |
| Debt / equity | 5.29 | 1.45 |
| Operating margin | 60.9% | 53.9% |
| Dividend yield | 0.00% | 3.46% |
| Sales growth, 3 years (yearly) | 18.5% | 0.3% |
| Profit growth, 3 years (yearly) | 22.6% | 1.1% |
| 1-year return | 16.7% | -10.6% |
| Revenue, last 12 months | ₹14,809 cr | ₹47,033 cr |
| Net profit, last 12 months | ₹1,874 cr | ₹15,896 cr |
| Latest quarter | Sept 2026 | Dec 2024 |
| Quarter net profit | ₹673 cr | ₹3,862 cr |
| Quarter profit vs a year earlier | +15.4% | — |
| Promoter holding | 62.43% | 51.34% |
| Health check | Average (4.3/10) | Average (5.5/10) |
Common questions
Which has a higher P/E, Adani Green Energy Limited or Power Grid Corporation of India Limited?
Adani Green Energy Limited trades at the higher P/E (114.2 against 15.5). 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?
Power Grid Corporation of India Limited (16.2% against 10.5%).
Which carries more debt?
Adani Green Energy Limited has the higher debt-to-equity ratio (5.29 against 1.45).