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Azure Power Global Limited (AZREF)
OTCMKTS · Delayed Price · Currency is USD
1.010
0.00 (0.00%)
Oct 16, 2026, 1:57 PM EST

Azure Power Global Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
20,41420,41420,52321,30720,74818,341
Revenue Growth
-4.19%-0.53%-3.68%2.69%13.12%20.38%
Net Income
-2,596-2,596-3,131-3,345-2,285-2,104
Earnings Per Share
-40.46-40.46-48.80-52.13-35.61-41.36
EPS Growth
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Cash & Debt
Chart
Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
13,65813,6588,6737,46912,73118,802
Total Debt
122,383122,383123,610126,782135,145132,621
Net Cash (Debt)
-108,725-108,725-114,937-119,313-122,414-113,819
Net Cash Growth
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Net Cash Per Share
-1694.42-1694.42-1791.23-1859.43-1907.76-2237.17

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
10,37010,3707,2073,3447,9574,597
Capital Expenditures
-1,652-1,652-455-394-5,953-40,869
Free Cash Flow
8,7188,7186,7522,9502,004-36,272
Free Cash Flow Growth
195.53%29.12%128.88%47.21%--

Margins
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Pretax Margin
9.51%9.51%-17.43%-15.12%1.64%-4.42%
Profit Margin
-12.72%-12.72%-15.26%-15.70%-11.01%-11.47%
FCF Margin
42.71%42.71%32.90%13.84%9.66%-197.76%

Valuation
Chart
Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingOct '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Forward PE
-3.293.293.293.3023.17
P/FCF Ratio
0.700.691.142.366.55-
PS Ratio
0.300.300.370.330.634.42