Azure Power Global Limited operates as a renewable energy developer and independent renewable power producer in India. It builds, owns, and operates grid-scale solar, wind, and hybrid projects; and supplies renewable energy to government utilities, and independent industrial and commercial customers on a long term power purchase agreements. The company has an operational, contracted, and awarded capacity at 4,278 MW, including 86.5 MW of rooftop capacity and contracted and awarded capacity of 1,237 MW with total operating capacity of 3,041 MW. Azure Power Global was founded in 2008 and is based in Gurugram, India.
Metrics to compare | AZREF | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipAZREFPeersSector | |
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P/E Ratio | −1.4x | 9.6x | 12.0x | |
PEG Ratio | 0.03 | 0.00 | 0.02 | |
Price/Book | 0.1x | 0.9x | 1.3x | |
Price / LTM Sales | 0.2x | 2.4x | 1.5x | |
Upside (Analyst Target) | - | 40.0% | 17.6% | |
Fair Value Upside | Unlock | −12.9% | 3.6% | Unlock |