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Adani Green Energy balance sheet is weak and might have solvency issues
Yes, The debt of Adani Green Energy is increasing.
Latest debt of Adani Green Energy is ₹59,734 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹46,956 Crs.
Yes, profit is increasing.
The profit of Adani Green Energy is ₹1,530 Crs for TTM, ₹1,100 Crs for Mar 2024 and ₹974 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Adani Green Energy latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments