Azure Power Global Limited (AZRE)
Stock Price:
$29.65 USD
1.26 (4.44%)
Updated Oct 20, 2020 4:00 PM EDT - Market closed
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| Revenue | 12,958 | 9,926 | 7,701 | 4,183 | 2,626 | 1,124 |
| Revenue Growth | 30.55% | 28.89% | 84.1% | 59.28% | 133.61% | - |
| Gross Profit | 11,812 | 9,057 | 7,009 | 3,807 | 2,436 | 1,044 |
| Operating Income | 6,626 | 5,754 | 4,105 | 1,963 | 1,075 | 296 |
| Net Income | -2,269 | 78.00 | -821 | -1,173 | -1,650 | -1,083 |
| Shares Outstanding | 43.05 | 33.06 | 25.97 | 13.04 | 1.76 | 1.76 |
| Earnings Per Share | -52.71 | 2.31 | -31.84 | -111.39 | -1,722.00 | -1,046.00 |
| Operating Cash Flow | 3,678 | 2,138 | 1,857 | -27.19 | 734 | -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 & Equivalents | 15,517 | 13,993 | 12,467 | 13,770 | 4,784 | 3,347 |
| Total Debt | 93,712 | 71,772 | 53,944 | 35,158 | 24,089 | 17,733 |
| Net Cash / Debt | -78,195 | -57,779 | -41,477 | -21,388 | -19,305 | -14,385 |
| Assets | 132,401 | 108,864 | 73,984 | 57,494 | 30,891 | 19,924 |
| Liabilities | 105,184 | 83,468 | 60,709 | 42,576 | 28,249 | 19,676 |
| Book Value | 27,018 | 25,129 | 12,118 | 13,222 | -7,437 | -4,447 |
Numbers in millions INR, except per-share numbers.
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.