Adani Green Energy (BOM:541450) Interest Coverage: 1.48 (As of Jun. 2026) — 17% Above Median

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BOM:541450 Adani Green Energy Ltd BOM:541450
78 GF Score
Price ₹1,359.80
GF Value ₹1,410.41
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Adani Green Energy Interest Coverage?

Adani Green Energy BOM:541450 -0.74% 78 Interest Coverage is 1.48 as of Jun. 2026, which is 17% above its 10-year median of 1.26. GuruFocus rates BOM:541450 with a GF Score™ of 78/100 and a GF Value™ of ₹1,410.41 (Fairly Valued). The stock has 8 warning signs investors should review. Among 326 Utilities - Independent Power Producers companies, Adani Green Energy ranks worse than 80.06% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Adani Green Energy's Operating Income for the three months ended in Jun. 2026 was ₹29,590 Mil. Adani Green Energy's Interest Expense for the three months ended in Jun. 2026 was ₹-20,010 Mil. Adani Green Energy's interest coverage for the quarter that ended in Jun. 2026 was 1.48. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Adani Green Energy Ltd interest coverage is 1.16, which is low.

The historical rank and industry rank for Adani Green Energy's Interest Coverage or its related term are showing as below:

BOM:541450' s Interest Coverage Range Over the Past 10 Years
Min: 0.4   Med: 1.26   Max: 1.61
Current: 1.16


BOM:541450's Interest Coverage is ranked worse than
80.06% of 326 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.865 vs BOM:541450: 1.16

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Adani Green Energy  (BOM:541450) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Adani Green Energy Interest Coverage Related Terms


Adani Green Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Adani Green Energy's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Adani Green Energy Interest Coverage Chart

Adani Green Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.61 1.30 1.32 1.28

Adani Green Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.49 1.08 0.80 1.23 1.48

Adani Green Energy Interest Coverage Competitor Comparison

For the Utilities - Renewable subindustry, Adani Green Energy's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Adani Green Energy Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Adani Green Energy's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Adani Green Energy's Interest Coverage falls into.


BOM:541450
78GF Score
Adani Green Energy Ltd BOM:541450
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adani Green Energy Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Adani Green Energy's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Adani Green Energy's Interest Expense was ₹-58,600 Mil. Its Operating Income was ₹74,780 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹907,550 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*74780/-58600
=1.28

Adani Green Energy's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Adani Green Energy's Interest Expense was ₹-20,010 Mil. Its Operating Income was ₹29,590 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*29590/-20010
=1.48

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.48 mean?
Adani Green Energy (BOM:541450) has a Interest Coverage of 1.48 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Adani Green Energy and its competitors. This is 17% above median its historical median of 1.26. Over the past decade, Adani Green Energy's Interest Coverage has ranged from 0.40 to 1.61. According to the industry distribution chart, Adani Green Energy ranks #261 out of 326 companies in the Utilities - Independent Power Producers industry, placing it in the top 80.1%.
Is Adani Green Energy's Interest Coverage too high?
Adani Green Energy's current Interest Coverage of 1.48 is 17% above median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.61. The Utilities - Independent Power Producers industry median Interest Coverage is 2.87. Adani Green Energy's value of 1.48 is 48.3% below this industry median. Based on the distribution chart, Adani Green Energy ranks #261 out of 326 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Adani Green Energy has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Green Energy's Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Adani Green Energy ranks #261 out of 326 companies for Interest Coverage. This places Adani Green Energy in the lower half of its industry. The industry median Interest Coverage is 2.87. Adani Green Energy's value of 1.48 is 48.3% below this benchmark. Historically, Adani Green Energy's own Interest Coverage has ranged from 0.40 to 1.61 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 2.87, Adani Green Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.87, based on 326 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adani Green Energy's current Interest Coverage of 1.48 is 48.3% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Adani Green Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Green Energy's current Interest Coverage is 1.48, which is 17% above median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Green Energy stock overvalued right now?
Based on GuruFocus' analysis, Adani Green Energy (BOM:541450) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,410.41, compared to a current price of ₹1,359.80 — trading 3.6% below its estimated fair value. The current Interest Coverage is 1.48, which is 17% above median its 10-year median of 1.26 and 48.3% below the Utilities - Independent Power Producers industry median of 2.87. Adani Green Energy's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Adani Green Energy (BOM:541450), the current Interest Coverage is 1.48 as of Jun. 2026. 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.

Is Adani Green Energy (BOM:541450) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Green Energy stock appears to be undervalued. The current stock price of ₹1,359.80 is trading 3.6% below its estimated GF Value™ of ₹1,410.41. GuruFocus considers Adani Green Energy to be Fairly Valued.

Key valuation signals for BOM:541450:

  • Interest Coverage: 1.48 (17% above median its 10-year median of 1.26)
  • GF Value™: ₹1,410.41 vs. price of ₹1,359.80 (3.6% below fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 48.3% below the Utilities - Independent Power Producers median (#261 of 326)

No single metric tells the full story. See the BOM:541450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adani Green Energy Business Description

Other Exchanges ADANIGREEN:India
Address S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Near Vaishnav Devi Circle, Ahmedabad, GJ, IND, 382421
Adani Green Energy Ltd sells renewable power generated from wind power project under long term Power Purchase Agreement (PPA) and also engaged in sale of solar & wind power equipments, project management consultancy Services and other related ancillary activities. The company has only one reportable segment.
78GF Score

Get the complete analysis for BOM:541450

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,359.80
Price
₹1,410.41
GF Value