Adani Green Energy Limited (BOM:541450)

Adani Green Energy Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	41,930	22,120	16,080	10,020	5,670	1,840
Short-Term Investments	18,720	5,710	15,150	6,250	4,150	2,700
Trading Asset Securities	-	18,040	10,210	10,180	5,010	2,160
Accounts Receivable	18,980	15,410	13,540	22,060	18,090	14,940
Other Receivables	-	13,620	8,170	5,290	2,760	1,790
Inventory	1,050	1,540	3,780	1,220	2,910	1,490
Prepaid Expenses	-	960	690	610	1,050	510
Loans Receivable Current	2,330	1,710	460	870	250	1,030
Other Current Assets	27,310	7,110	70,550	21,580	21,380	13,430
Total Current Assets	110,320	86,220	138,630	78,080	61,270	39,890
Property, Plant & Equipment	1,050,060	943,020	686,180	535,480	482,680	208,000
Goodwill	30	30	30	30	30	30
Other Intangible Assets	870	890	900	760	800	780
Long-Term Investments	11,710	9,630	4,940	1,310	740	3,030
Long-Term Loans Receivable	1,810	440	1,010	740	700	9,940
Long-Term Deferred Tax Assets	9,620	6,340	4,520	4,590	5,620	4,200
Long-Term Deferred Charges	-	200	490	520	-	-
Long-Term Accounts Receivable	410	520	210	380	-	-
Other Long-Term Assets	73,940	66,690	48,470	51,720	39,830	21,340
Total Assets	1,258,770	1,113,980	885,380	673,610	591,670	287,210
Accounts Payable	4,050	3,950	3,160	3,910	1,450	1,290
Accrued Expenses	170	6,220	5,160	4,810	4,650	3,220
Short-Term Debt	-	68,800	49,460	19,880	81,840	36,930
Current Portion of Long-Term Debt	122,160	38,260	176,110	22,270	12,870	4,350
Current Unearned Revenue	-	6,300	12,740	15,420	900	320
Current Portion of Leases	1,530	1,470	1,290	1,000	580	310
Current Income Taxes Payable	1,310	1,670	1,450	920	-	80
Other Current Liabilities	42,750	42,210	18,770	16,220	17,030	12,780
Total Current Liabilities	171,970	168,880	268,140	84,430	119,320	59,280
Long-Term Debt	737,810	673,630	405,030	486,320	427,170	197,460
Long-Term Leases	20,030	18,240	16,690	12,760	5,860	3,040
Long-Term Unearned Revenue	13,570	11,770	8,810	9,890	9,020	5,650
Pension & Post-Retirement Benefits	-	220	220	200	160	130
Long-Term Deferred Tax Liabilities	13,910	11,300	8,890	4,520	2,130	290
Other Long-Term Liabilities	3,890	4,210	3,120	1,990	1,870	100
Total Liabilities	961,180	888,250	710,900	600,110	565,530	265,950
Common Stock	16,470	15,840	15,840	15,840	15,640	15,640
Additional Paid-In Capital	-	38,290	38,300	38,300	-	-
Retained Earnings	-	30,430	16,010	5,820	-3,130	-7,120
Comprehensive Income & Other	178,770	36,810	36,270	13,080	13,630	13,480
Total Common Equity	195,240	121,370	106,420	73,040	26,140	22,000
Minority Interest	102,350	104,360	68,060	460	-	-740
Shareholders' Equity	297,590	225,730	174,480	73,500	26,140	21,260
Total Liabilities & Equity	1,258,770	1,113,980	885,380	673,610	591,670	287,210
Total Debt	881,530	800,400	648,580	542,230	528,320	242,090
Net Cash (Debt)	-820,880	-754,530	-607,140	-515,780	-513,490	-235,390
Net Cash Per Share	-524.85	-476.33	-382.86	-326.07	-328.32	-150.50
Filing Date Shares Outstanding	1,647	1,584	1,584	1,584	1,564	1,564
Total Common Shares Outstanding	1,647	1,584	1,584	1,584	1,564	1,564
Working Capital	-61,650	-82,660	-129,510	-6,350	-58,050	-19,390
Book Value Per Share	114.43	67.63	58.19	46.11	7.61	5.51
Tangible Book Value	194,340	120,450	105,490	72,250	25,310	21,190
Tangible Book Value Per Share	113.89	67.05	57.61	45.61	7.08	4.99
Land	-	7,530	7,420	7,290	6,210	5,860
Buildings	-	8,620	7,460	6,650	5,660	3,980
Machinery	-	834,450	640,930	494,670	292,810	177,810
Construction In Progress	-	144,790	64,230	52,910	198,990	44,520

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.