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Azure Power Global Limited (AZRE)

Stock Price: $29.65 USD 1.26 (4.44%)
Updated Oct 20, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.42B
Revenue (ttm) 171.86M
Net Income (ttm) -2.27B
Shares Out 47.84M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 20, 2020
Last Price $29.65
Previous Close $28.39
Change ($) 1.26
Change (%) 4.44%
Day's Open 29.15
Day's Range 28.60 - 29.87
Day's Volume 126,954
52-Week Range 11.75 - 33.46

More Stats

Market Cap 1.42B
Enterprise Value 2.46B
Earnings Date (est) Nov 12, 2020
Ex-Dividend Date n/a
Shares Outstanding 47.84M
Float 32.46M
EPS (basic) n/a
EPS (diluted) -0.11
FCF / Share -4.52
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 127,415
Short Ratio 0.62
Short % of Float 0.39%
Beta 0.47
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 8.25
PB Ratio 3.54
Revenue 171.86M
Operating Income 87.88M
Net Income -2.27B
Free Cash Flow -194.77M
Net Cash -1.04B
Net Cash / Share n/a
Gross Margin 91.16%
Operating Margin 51.13%
Profit Margin -17.50%
FCF Margin -113.34%
ROA 3.44%
ROE -9.19%
ROIC 3.50%
Key stats in USD, based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 4
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$27.80*
(-6.24% downside)
Low
23.0
Current: $29.65
High
38.0
Target: 27.80
*Average 12-month USD price target from 5 stock analysts.

Financial Performance

Financial numbers in millions INR.

Financial Overview

Year201920182017201620152014
Revenue12,9589,9267,7014,1832,6261,124
Revenue Growth30.55%28.89%84.1%59.28%133.61%-
Gross Profit11,8129,0577,0093,8072,4361,044
Operating Income6,6265,7544,1051,9631,075296
Net Income-2,26978.00-821-1,173-1,650-1,083
Shares Outstanding43.0533.0625.9713.041.761.76
Earnings Per Share-52.712.31-31.84-111.39-1,722.00-1,046.00
Operating Cash Flow3,6782,1381,857-27.19734-177
Capital Expenditures-18,364-26,076-19,684-15,433-9,104-8,440
Free Cash Flow-14,686-23,938-17,827-15,460-8,370-8,617
Cash & Equivalents15,51713,99312,46713,7704,7843,347
Total Debt93,71271,77253,94435,15824,08917,733
Net Cash / Debt-78,195-57,779-41,477-21,388-19,305-14,385
Assets132,401108,86473,98457,49430,89119,924
Liabilities105,18483,46860,70942,57628,24919,676
Book Value27,01825,12912,11813,222-7,437-4,447
Numbers in millions INR, except per-share numbers.

Company Profile

Company Details

Full Name Azure Power Global Limited
Country India
Employees 605
CEO Ranjit Gupta

Stock Information

Ticker Symbol AZRE
Stock Exchange New York Stock Exchange
Sector Utilities
Industry Utilities—Renewable
Unique Identifier NYSE: AZRE
IPO Date October 12, 2016

Description

Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.