AZREF (Azure Power Global) YoY EBITDA Growth: -5.92% (As of Mar. 2024)

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AZREF Azure Power Global Ltd AZREF
12 GF Score
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What is Azure Power Global YoY EBITDA Growth?

Azure Power Global AZREF 12 YoY EBITDA Growth is -5.92% as of Mar. 2024. GuruFocus rates AZREF with a GF Score™ of 12/100.

YoY EBITDA Growth is the percentage change of EBITDA per Share over the past twelve months. Azure Power Global's YoY EBITDA Growth for the quarter that ended in Mar. 2024 was -5.92%.

Azure Power Global's EBITDA per Share for the six months ended in Mar. 2024 was $2.50.

Azure Power Global YoY EBITDA Growth Historical Data

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The historical data trend for Azure Power Global's YoY EBITDA Growth 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 YoY EBITDA Growth Chart

Azure Power Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
YoY EBITDA Growth
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.28 -18.44 45.62 -17.27 -5.92

Azure Power Global Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
YoY EBITDA Growth Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -19.28 -18.44 45.62 -17.27 -5.92
AZREF
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Azure Power Global Ltd AZREF
YoY EBITDA Growth is just one metric. See GF Score™, valuation, warning signs, and more.
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Azure Power Global YoY EBITDA Growth Calculation

YoY EBITDA Growth is the percentage change of EBITDA per Share over the past twelve months.

Azure Power Global's YoY EBITDA Growth for the fiscal year that ended in Mar. 2024 is calculated as:

YoY EBITDA Growth (A: Mar. 2024 )
=(EBITDA per Share (A: Mar. 2024 )-EBITDA per Share (A: Mar. 2023 ))/ | EBITDA per Share (A: Mar. 2023 ) |
=(2.497-2.654)/ | 2.654 |
=-5.92 %

Azure Power Global's YoY EBITDA Growth for the quarter that ended in Mar. 2024 is calculated as:

YoY EBITDA Growth (Q: Mar. 2024 )
=(EBITDA per Share (Q: Mar. 2024 )-EBITDA per Share (Q: Mar. 2023 )) / | EBITDA per Share (Q: Mar. 2023 ) |
=(2.497-2.654)/ | 2.654 |
=-5.92 %

* 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 YoY EBITDA Growth →
What does a YoY EBITDA Growth of -5.92% mean?
Azure Power Global (AZREF) has a YoY EBITDA Growth of -5.92% as of Mar. 2024. YoY EBITDA Growth is the percentage change of EBITDA per share over the past 12-month. View historical data for Azure Power Global and its competitors.
Is Azure Power Global's YoY EBITDA Growth too high?
Azure Power Global's current YoY EBITDA Growth is -5.92%. 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 YoY EBITDA Growth compare to SAFX and VGAS?
Azure Power Global's YoY EBITDA Growth of -5.92% can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good YoY EBITDA Growth for an Utilities - Independent Power Producers company?
A good YoY EBITDA Growth depends on the Utilities - Independent Power Producers industry context. However, YoY EBITDA Growth should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high YoY EBITDA Growth mean?
A high YoY EBITDA Growth can signal that a stock is expensive relative to its fundamentals. YoY EBITDA Growth is the percentage change of EBITDA per share over the past 12-month. View historical data for Azure Power Global and its competitors. Azure Power Global's current YoY EBITDA Growth is -5.92%. 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 YoY EBITDA Growth of -5.92%. The current YoY EBITDA Growth is -5.92%. 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 YoY EBITDA Growth calculated?
YoY EBITDA Growth is calculated from a company's financial statements. For Azure Power Global (AZREF), the current YoY EBITDA Growth is -5.92% 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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YoY EBITDA Growth is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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