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ADANIENSOL - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.7

Last Updated Time : 19 Mar 26, 07:09 pm

Fundamental Rating: 2.7

Stock Code ADANIENSOL Market Cap 1,24,518 Cr. Current Price 1,037 ₹ High / Low 1,068 ₹
Stock P/E 219 Book Value 167 ₹ Dividend Yield 0.00 % ROCE 5.13 %
ROE 3.81 % Face Value 10.0 ₹ DMA 50 987 ₹ DMA 200 939 ₹
Chg in FII Hold 0.41 % Chg in DII Hold 0.17 % PAT Qtr 114 Cr. PAT Prev Qtr 101 Cr.
RSI 58.3 MACD 6.81 Volume 17,54,439 Avg Vol 1Wk 17,12,191
Low price 745 ₹ High price 1,068 ₹ PEG Ratio 1.78 Debt to equity 0.52
52w Index 90.4 % Qtr Profit Var -30.3 % EPS 4.74 ₹ Industry PE 55.4

📊 Core Financials

  • Profitability: PAT rose from ₹101 Cr. to ₹114 Cr., but Qtr Profit Var shows -30.3% decline YoY
  • Margins: ROE at 3.81% and ROCE at 5.13% indicate weak efficiency
  • Debt: Debt-to-equity ratio at 0.52 shows moderate leverage
  • Cash Flow: EPS at ₹4.74 is very low relative to market cap

💰 Valuation Indicators

  • P/E Ratio: 219 vs Industry PE of 55.4 → extremely overvalued
  • P/B Ratio: Current Price ₹1,037 vs Book Value ₹167 → ~6.2x book
  • PEG Ratio: 1.78 → growth priced at a premium
  • Intrinsic Value: Current valuation far exceeds fundamentals

🏢 Business Model & Health

  • Market Cap: ₹1,24,518 Cr. reflects large presence in renewable energy
  • Dividend Yield: 0.00% indicates reinvestment focus
  • Competitive Advantage: Positioned in solar and renewable energy, a growing sector
  • Overall Health: Weak profitability and stretched valuations despite sector potential

🎯 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive only near ₹750–850 if fundamentals improve
  • Long-Term Holding: Risky at current valuations; suitable only if earnings scale up significantly

✅ Positive

  • Presence in renewable energy sector with long-term demand potential
  • Sequential PAT growth from ₹101 Cr. to ₹114 Cr.
  • FII holding increased (+0.41%) and DII holding increased (+0.17%)

⚠️ Limitation

  • Extremely high P/E ratio (219)
  • Weak ROE (3.81%) and ROCE (5.13%)
  • EPS at ₹4.74 is very low

📉 Company Negative News

  • Quarterly profit variation shows decline (-30.3%)
  • Valuations far above industry peers

📈 Company Positive News

  • Sequential PAT improved to ₹114 Cr.
  • Institutional interest rising with FII and DII increases

🏭 Industry

  • Industry PE: 55.4, far below ADANIENSOL’s PE
  • Renewable energy sector has strong long-term demand drivers

🔎 Conclusion

ADANIENSOL operates in a promising renewable energy sector but currently suffers from weak profitability and extremely stretched valuations.

While institutional interest and sector growth are positives, the stock is risky for long-term holding unless earnings improve significantly.

Entry should be considered only at lower levels closer to intrinsic value, ideally around ₹750–850, if profitability strengthens.

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