AZRE Stock - Azure Power Global Limited
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Financial Statements
| Metric | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|
| Revenue | $15.24B | $12.96B | $9.93B | $7.70B | $4.18B |
| Gross Profit | $13.97B | $11.81B | $9.06B | $7.01B | $3.81B |
| Gross Margin | 91.7% | 91.2% | 91.2% | 91.0% | 91.0% |
| Operating Income | $7.77B | $6.52B | $5.61B | $3.94B | $1.96B |
| Net Income | $-4,201,000,000 | $-2,337,000,000 | $78.40M | $-820,682,000 | $-1,172,645,000 |
| Net Margin | -27.6% | -18.0% | 0.8% | -10.7% | -28.0% |
| EPS | $-87.56 | $-54.29 | $2.37 | $-31.60 | $-89.92 |
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2021, the company operated 45 utility scale projects with a combined rated capacity of 1,990 MWs. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 2nd 2022 | RBC Capital Mkts | Downgrade | Sector Perform | $5← $34 |
| August 30th 2022 | Credit Suisse | Downgrade | Underperform | $5← $22 |
Earnings History & Surprises
AZREEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q3 2023 | Aug 29, 2023 | — | — | — | — |
Q2 2023 | Jun 20, 2023 | — | — | — | — |
Q4 2022 | Dec 30, 2022 | — | — | — | — |
Q4 2022 | Dec 16, 2022 | $0.10 | — | — | — |
Q3 2022 | Jul 5, 2022 | $0.13 | — | — | — |
Q1 2022 | Feb 25, 2022 | $-0.02 | $-0.13 | -719.2% | ✗ MISS |
Q4 2021 | Dec 10, 2021 | $-0.11 | $-0.09 | +18.2% | ✓ BEAT |
Q3 2021 | Aug 30, 2021 | $0.02 | $0.20 | +939.0% | ✓ BEAT |
Q2 2021 | Jun 15, 2021 | $0.06 | $-0.06 | -200.0% | ✗ MISS |
Q1 2021 | Feb 10, 2021 | $-0.12 | $-0.31 | -158.3% | ✗ MISS |
Q4 2020 | Nov 10, 2020 | $-0.24 | $-0.10 | +58.3% | ✓ BEAT |
Q3 2020 | Aug 13, 2020 | $-0.23 | $0.07 | +130.4% | ✓ BEAT |
Q2 2020 | Jun 12, 2020 | $-0.15 | $0.05 | +133.3% | ✓ BEAT |
Q1 2020 | Feb 11, 2020 | $-0.32 | $-0.44 | -37.5% | ✗ MISS |
Q4 2019 | Nov 15, 2019 | $-0.02 | $-0.25 | -933.5% | ✗ MISS |
Q3 2019 | Aug 12, 2019 | $0.06 | $0.03 | -50.0% | ✗ MISS |
Q2 2019 | Jun 10, 2019 | $0.04 | $0.08 | +89.3% | ✓ BEAT |
Q1 2019 | Feb 12, 2019 | $-0.12 | $0.05 | +141.7% | ✓ BEAT |
Q4 2018 | Nov 13, 2018 | $-0.10 | $-0.03 | +70.0% | ✓ BEAT |
Q3 2018 | Aug 8, 2018 | $-0.05 | $0.00 | +108.7% | ✓ BEAT |
Latest News
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