Azure Power Global Limited (AZREF)

Azure Power Global Ratios and Metrics

Market cap in millions USD. Fiscal year is April - March.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 25, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Market Capitalization	42	83	160	1,068	1,310	729
Market Cap Growth	-47.79%	-47.79%	-85.04%	-18.48%	79.71%	57.97%
Enterprise Value	1,481	1,582	1,704	2,612	2,580	1,824
PE Ratio	-	-2.08	-5.74	-30.53	-22.07	-21.26
PS Ratio	0.16	0.33	0.63	4.42	6.29	4.24
PB Ratio	0.11	0.21	0.37	2.05	3.92	2.02
P/FCF Ratio	1.18	2.36	6.55	-2.23	-6.88	-3.75
P/OCF Ratio	2.08	2.08	1.65	17.63	19.25	14.92
EV/Sales Ratio	5.79	6.18	6.74	10.81	12.39	10.60
EV/EBITDA Ratio	9.07	10.06	9.84	13.46	17.12	14.65
EV/EBIT Ratio	14.70	15.70	13.82	18.00	24.25	21.03
EV/FCF Ratio	41.82	44.67	69.82	-5.46	-13.55	-9.38
Debt / Equity Ratio	3.87	3.87	3.80	3.35	4.38	3.44
Debt / EBITDA Ratio	9.32	9.32	9.20	8.74	9.28	9.44
Debt / FCF Ratio	42.98	42.98	67.44	-3.66	-7.69	-6.40
Quick Ratio	0.22	0.22	0.71	0.94	0.68	1.57
Current Ratio	0.50	0.50	1.06	1.15	1.10	2.25
Asset Turnover	0.12	0.12	0.11	0.11	0.11	0.11
Return on Equity (ROE)	-9.96%	-9.96%	-6.18%	-6.64%	-16.26%	-8.88%
Return on Assets (ROA)	2.83%	2.83%	3.32%	4.06%	3.46%	3.38%
Return on Capital (ROIC)	3.18%	3.18%	3.69%	4.53%	3.85%	3.74%
Earnings Yield	-48.13%	-48.13%	-17.42%	-2.60%	-4.39%	-4.13%
FCF Yield	42.45%	42.45%	15.27%	-44.77%	-14.54%	-26.68%
Buyback Yield / Dilution	-	-26.12%	-6.04%	-11.46%	-26.73%
Total Shareholder Return	-	-26.12%	-6.04%	-11.46%	-26.73%

Source: S&P Capital IQ. Utility template. Financial Sources.