AZREF

Azure Power Global Limited

USD

Set alert

Price alert · AZREF

All alert types
1.00 USD 0.00 0.00%
As of Feb 5, 2026
1.00 Day range 1.00
0.011 52-week range 1.40
YTD
0.00%
1 year
+53.85%
Open
1.00
Prev close
1.00
Mkt cap
64.17M
Vol
18.45K
Avg vol
8.91K
EPS
-0.46
P/E
0.00
More statistics
Low
1.00
High
1.00
Earnings
Oct 25, 2024

5D chart

Chart tools
Interval

Chart is warming up

The five-day price history for AZREF has not been loaded yet. Try again in a moment.

Financial health

Altman Z-Score

-0.05 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

4 / 9 Average

Nine pass/fail tests of profitability, leverage and efficiency.

Valuation

P/E -2.3×
FY 2017: -1729×FY 2018: -1874×FY 2019: 23975×FY 2020: -1572×FY 2021: -22.8×FY 2022: -30.6×FY 2023: -5.7×FY 2024: -1.9×FY 2025: -2.5×FY 2026: -2.3×
FY 2017 5y median -2.5× FY 2026
P/S 0.3×
FY 2017: 503×FY 2018: 200×FY 2019: 189×FY 2020: 274×FY 2021: 6.3×FY 2022: 3.5×FY 2023: 0.6×FY 2024: 0.3×FY 2025: 0.4×FY 2026: 0.3×
FY 2017 5y median 0.4× FY 2026
P/B 0.2×
FY 2017: 154×FY 2018: 128×FY 2019: 74.1×FY 2020: 140×FY 2021: 4.0×FY 2022: 1.7×FY 2023: 0.4×FY 2024: 0.2×FY 2025: 0.3×FY 2026: 0.2×
FY 2017 5y median 0.3× FY 2026
P/FCF 0.7×
FY 2017: -136×FY 2018: -86.2×FY 2019: -78.6×FY 2020: -242×FY 2021: -510×FY 2022: -132×FY 2023: 6.5×FY 2024: 2.2×FY 2025: 1.1×FY 2026: 0.7×
FY 2017 5y median 1.1× FY 2026
EV/EBITDA 6.9×
FY 2017: 10.6×FY 2018: 4.3×FY 2019: 3.5×FY 2020: 14.3×FY 2021: 26.3×FY 2022: 15.8×FY 2023: 9.7×FY 2024: 9.7×FY 2025: 10.2×FY 2026: 6.9×
FY 2017 5y median 9.7× FY 2026
EV/Sales 5.7×
FY 2017: 509×FY 2018: 205×FY 2019: 196×FY 2020: 733×FY 2021: 13.3×FY 2022: 10.7×FY 2023: 6.5×FY 2024: 5.9×FY 2025: 6.0×FY 2026: 5.7×
FY 2017 5y median 6.0× FY 2026
FCF Yield 145.4%
FY 2017: -0.7%FY 2018: -1.2%FY 2019: -1.3%FY 2020: -0.4%FY 2021: -0.2%FY 2022: -0.8%FY 2023: 15.3%FY 2024: 45.8%FY 2025: 87.9%FY 2026: 145.4%
FY 2017 5y median 45.8% FY 2026

Profitability

Gross Margin 91.1%
FY 2017: 66.0%FY 2018: 66.6%FY 2019: 69.7%FY 2020: 69.1%FY 2021: 1.0%FY 2022: 1.0%FY 2023: 91.2%FY 2024: 91.0%FY 2025: 91.2%FY 2026: 91.1%
FY 2017 5y median 91.1% FY 2026
Operating Margin 55.4%
FY 2017: 46.9%FY 2018: 51.1%FY 2019: 56.5%FY 2020: 48.3%FY 2021: 29.7%FY 2022: 60.5%FY 2023: 42.6%FY 2024: 36.5%FY 2025: 34.7%FY 2026: 55.4%
FY 2017 5y median 42.6% FY 2026
Net Margin -12.7%
FY 2017: -29.1%FY 2018: -10.7%FY 2019: 0.8%FY 2020: -17.5%FY 2021: -27.6%FY 2022: -11.5%FY 2023: -11.0%FY 2024: -15.7%FY 2025: -15.3%FY 2026: -12.7%
FY 2017 5y median -12.7% FY 2026
ROE -9.2%
FY 2017: -8.9%FY 2018: -6.9%FY 2019: 0.3%FY 2020: -9.0%FY 2021: -17.3%FY 2022: -5.4%FY 2023: -6.5%FY 2024: -10.4%FY 2025: -10.2%FY 2026: -9.2%
FY 2017 5y median -9.2% FY 2026
ROIC -9.3%
FY 2017: 3.6%FY 2018: 4.5%FY 2019: 0.3%FY 2020: 1.7%FY 2021: 10.9%FY 2022: 48.8%FY 2023: -33.1%FY 2024: 4.6%FY 2025: 4.3%FY 2026: -9.3%
FY 2017 5y median 4.3% FY 2026
ROA -1.5%
FY 2017: -2.0%FY 2018: -1.1%FY 2019: 0.1%FY 2020: -1.8%FY 2021: -207.1%FY 2022: -83.6%FY 2023: -1.2%FY 2024: -1.9%FY 2025: -1.8%FY 2026: -1.5%
FY 2017 5y median -1.8% FY 2026

Growth (YoY)

Revenue -0.5%
FY 2017: 55.5%FY 2018: 91.5%FY 2019: 18.8%FY 2020: 28.8%FY 2021: 8237.1%FY 2022: 20.4%FY 2023: 13.1%FY 2024: 2.7%FY 2025: -3.7%FY 2026: -0.5%
FY 2017 FY 2026
Operating Income 59.0%
FY 2017: 78.3%FY 2018: 108.7%FY 2019: 31.2%FY 2020: 10.1%FY 2021: 5031.1%FY 2022: 144.8%FY 2023: -20.3%FY 2024: -12.1%FY 2025: -8.5%FY 2026: 59.0%
FY 2017 FY 2026
EPS (diluted) 17.1%
FY 2017: 50.0%FY 2018: 29.0%FY 2019: 106.6%FY 2020: -2343.0%FY 2021: -12075.0%FY 2022: 52.8%FY 2023: 13.9%FY 2024: -46.4%FY 2025: 6.4%FY 2026: 17.1%
FY 2017 FY 2026
Free Cash Flow 29.1%
FY 2017: -80.3%FY 2018: -19.9%FY 2019: -23.8%FY 2020: 39.5%FY 2021: 9.3%FY 2022: -159.4%FY 2023: 511.4%FY 2024: 46.7%FY 2025: 129.7%FY 2026: 29.1%
FY 2017 FY 2026

Financial Health

Current Ratio 1.9×
FY 2017: 1.6×FY 2018: 3.0×FY 2019: 1.0×FY 2020: 2.2×FY 2021: 80.1×FY 2022: 1.2×FY 2023: 1.1×FY 2024: 0.5×FY 2025: 1.5×FY 2026: 1.9×
FY 2017 5y median 1.2× FY 2026
Quick Ratio 1.9×
FY 2017: 1.6×FY 2018: 3.0×FY 2019: 1.0×FY 2020: -44.8×FY 2021: 80.1×FY 2022: 1.2×FY 2023: 1.1×FY 2024: 0.5×FY 2025: 1.5×FY 2026: 1.9×
FY 2017 5y median 1.2× FY 2026
Debt / Equity 4.3×
FY 2017: 2.7×FY 2018: 4.5×FY 2019: 2.9×FY 2020: 262×FY 2021: 4.4×FY 2022: 3.4×FY 2023: 3.9×FY 2024: 3.9×FY 2025: 4.0×FY 2026: 4.3×
FY 2017 5y median 3.9× FY 2026
Net Debt / EBITDA 6.6×
FY 2017: 0.1×FY 2018: 0.1×FY 2019: 0.1×FY 2020: 8.9×FY 2021: 13.9×FY 2022: 10.7×FY 2023: 8.7×FY 2024: 9.2×FY 2025: 9.6×FY 2026: 6.6×
FY 2017 5y median 9.2× FY 2026
Interest Coverage 0.0×
FY 2017: 0.6×FY 2018: 0.6×FY 2019: 0.9×FY 2020: 0.7×FY 2021: 0.5×FY 2022: 1.2×FY 2023: 0.9×FY 2024: 0.7×FY 2025: 0.7×FY 2026: 0.0×
FY 2017 5y median 0.7× FY 2026

Dividends

Dividend Yield 0.0%
FY 2017: 0.0%FY 2018: 0.0%FY 2019: 0.0%FY 2020: 0.0%FY 2021: 0.0%FY 2022: 0.0%FY 2023: 0.0%FY 2024: 0.0%FY 2025: 0.0%FY 2026: 0.0%
FY 2017 5y median 0.0% FY 2026
Payout Ratio 0.0%
FY 2017: 0.0%FY 2018: 0.0%FY 2019: 0.0%FY 2020: 0.0%FY 2021: 0.0%FY 2022: 0.0%FY 2023: 0.0%FY 2024: 0.0%FY 2025: 0.0%FY 2026: 0.0%
FY 2017 5y median 0.0% FY 2026

Annual · latest fiscal year ends 2026-03-31