AZREF (Azure Power Global) FCF Margin %: 13.79% (As of Mar. 2024)


AZREF Azure Power Global Ltd AZREF
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What is Azure Power Global FCF Margin %?

Azure Power Global AZREF 12 FCF Margin % is 13.79% as of Mar. 2024. GuruFocus rates AZREF with a GF Score™ of 12/100.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Azure Power Global's Free Cash Flow for the six months ended in Mar. 2024 was $35.4 Mil. Azure Power Global's Revenue for the six months ended in Mar. 2024 was $256.6 Mil. Therefore, Azure Power Global's FCF Margin % for the quarter that ended in Mar. 2024 was 13.79%.

As of today, Azure Power Global's current FCF Yield % is 55.17%.

The historical rank and industry rank for Azure Power Global's FCF Margin % or its related term are showing as below:

AZREF' s FCF Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 13.79
Current: 13.79

During the past 11 years, the highest FCF Margin % of Azure Power Global was 13.79%. The lowest was 0.00%. And the median was 0.00%.

AZREF's FCF Margin % is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 2.94 vs AZREF: 13.79

Azure Power Global FCF Margin % Related Terms

Azure Power Global FCF Margin % Historical Data

* Premium members only.

The historical data trend for Azure Power Global's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Azure Power Global FCF Margin % Chart

Azure Power Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -113.34 -91.51 -197.88 9.66 13.79

Azure Power Global Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -113.34 -91.51 -197.88 9.66 13.79

AZREF vs SAFX, VGAS, STEM: FCF Margin % Comparison

For the Utilities - Renewable subindustry, Azure Power Global's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Azure Power Global FCF Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Azure Power Global's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Azure Power Global's FCF Margin % falls into.


AZREF
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Azure Power Global Ltd AZREF
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Azure Power Global FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Azure Power Global's FCF Margin for the fiscal year that ended in Mar. 2024 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=35.401/256.645
=13.79 %

Azure Power Global's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=35.401/256.645
=13.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 13.79% mean?
Azure Power Global (AZREF) has a FCF Margin % of 13.79% as of Mar. 2024. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Azure Power Global and its competitors.
Is Azure Power Global's FCF Margin % too high?
Azure Power Global's current FCF Margin % is 13.79%. The Utilities - Independent Power Producers industry median FCF Margin % is 2.94. Azure Power Global's value of 13.79% is 369% above this industry median. Overall, Azure Power Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Azure Power Global's FCF Margin % compare to SAFX and VGAS?
Azure Power Global's FCF Margin % of 13.79% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median FCF Margin % is 2.94. Azure Power Global's value of 13.79% is 369% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Utilities - Independent Power Producers company?
The median FCF Margin % among Utilities - Independent Power Producers companies is 2.94, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Azure Power Global's current FCF Margin % of 13.79% is 369% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Azure Power Global and its competitors. For the Utilities - Independent Power Producers industry, the median FCF Margin % is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azure Power Global's current FCF Margin % is 13.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azure Power Global stock overvalued right now?
Azure Power Global (AZREF) has a current FCF Margin % of 13.79%. The current FCF Margin % is 13.79% and 369% above the Utilities - Independent Power Producers industry median of 2.94. Azure Power Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Azure Power Global (AZREF), the current FCF Margin % is 13.79% as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azure Power Global Business Description

Address Phase II, 8th Floor, Tower A, DLF Infinity, Cyber City, Gurugram, HR, IND, 122002
Azure Power Global Ltd is a utility-scale renewable energy project developer and operator. It is engaged in the development, construction, ownership, operation, maintenance, and management of renewable energy assets based on long-term contracts (Power Purchase Agreements or PPA) with Indian Government energy distribution companies, as well as other Indian non-governmental energy distribution companies and commercial customers.
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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