Azure Power Global Limited (AZREF)

OTCMKTS: AZREF · Delayed Price · USD
+0.05 (3.70%)
Dec 8, 2023, 2:53 PM EST - Market closed

Total Valuation

AZREF has a market cap or net worth of $89.83 million. The enterprise value is $1.45 billion.

Market Cap 89.83M
Enterprise Value 1.45B

Important Dates

Earnings Date n/a
Ex-Dividend Date n/a

Share Statistics

AZREF has 64.16 million shares outstanding.

Shares Outstanding 64.16M
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float n/a

Valuation Ratios

PE Ratio n/a
Forward PE 6.18
PS Ratio 0.41
Forward PS 1.11
PB Ratio 0.19
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 6.61
EV / EBITDA 9.56
EV / EBIT 13.45
EV / FCF n/a

Financial Position

The company has a current ratio of 1.15, with a Debt / Equity ratio of 3.41.

Current Ratio 1.15
Quick Ratio 0.94
Debt / Equity 3.41
Debt / EBITDA 10.45
Debt / FCF n/a
Interest Coverage 0.91

Financial Efficiency

Return on equity (ROE) is -5.41% and return on invested capital (ROIC) is 6.47%.

Return on Equity (ROE) -5.41%
Return on Assets (ROA) -1.10%
Return on Capital (ROIC) 6.47%
Revenue Per Employee $466,743
Profits Per Employee n/a
Employee Count 471
Asset Turnover 0.11
Inventory Turnover 0.24


In the past 12 months, AZREF has paid $15.77 million in taxes.

Income Tax 15.77M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -70.53% in the last 52 weeks.

Beta (1Y) n/a
52-Week Price Change -70.53%
50-Day Moving Average 1.22
200-Day Moving Average 1.51
Relative Strength Index (RSI) 55.76
Average Volume (30 Days) 24,461

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

Revenue 219.84M
Gross Profit 200.69M
Operating Income 132.93M
Pretax Income -9.71M
Net Income n/a
EBITDA 152.07M
EBIT 108.11M
Earnings Per Share (EPS) -$0.05
Full Income Statement

Balance Sheet

The company has $225.36 million in cash and $1.59 billion in debt, giving a net cash position of -$1.36 billion or -$21.26 per share.

Cash & Cash Equivalents 225.36M
Total Debt 1.59B
Net Cash -1.36B
Net Cash Per Share -$21.26
Equity / Book Value 466.42M
Book Value Per Share 7.27
Working Capital 48.72M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $55.09 million and capital expenditures -$490.11 million, giving a free cash flow of -$435.02 million.

Operating Cash Flow 55.09M
Capital Expenditures -490.11M
Free Cash Flow -435.02M
FCF Per Share -$6.78
Full Cash Flow Statement


Gross Margin 91.29%
Operating Margin 60.47%
Pretax Margin -4.42%
Profit Margin n/a
EBITDA Margin 69.17%
EBIT Margin 49.18%
FCF Margin -197.88%

Dividends & Yields

AZREF does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield -484.29%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield n/a
Shareholder Yield n/a

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a


AZREF has an Altman Z-Score of 0.2 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.2
Piotroski F-Score 3