Azure Power Global Limited

Azure Power Global Limitedverified

AZREF

Price:

$1

Market Cap:

$5.77B

Azure Power Global Limited operates as an independent sustainable energy solutions provider and power producer in India. The company builds and operates grid-scale solar, wind, and hybrid projects; and supplies generated renewable power to government utilities, and independent industrial and commercial customers on long term fixed price contracts. It has total renewable energy portfolio of approximately 7.4 GWs of which approximately 2.9 GWs operational capacity and 4.5 GWs of capacity under construction and in the pipeline. The company was founded in 2008 and is based in New Delhi, India.

Industry

Renewable Utilities

IPO Date

2016-10-12

Stock Exchange

OTC

Ticker

AZREF

The Enterprise Value as of December 2025 (TTM) for Azure Power Global Limited (AZREF) is 120.71B

According to Azure Power Global Limited’s latest financial reports and current stock price. The company's current Enterprise Value is 120.71B. This represents a change of -5.18% compared to the average of 127.31B of the last 4 quarters.

Azure Power Global Limited (AZREF) Historical Enterprise Value (quarterly & annually)

How has AZREF Enterprise Value performed in the past?

The mean historical Enterprise Value of Azure Power Global Limited over the last ten years is 102.97B. The current 120.71B Enterprise Value has changed 11.62% with respect to the historical average. Over the past ten years (40 quarters), AZREF's Enterprise Value was at its highest in in the December 2020 quarter at 236.04B. The Enterprise Value was at its lowest in in the June 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

102.97B

Median

124.18B

Minimum

18.31B

Maximum

202.90B

Azure Power Global Limited (AZREF) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Azure Power Global Limited Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 415.45%

Maximum Annual Enterprise Value = 202.90B

Minimum Annual Increase = -41.13%

Minimum Annual Enterprise Value = 18.31B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2025122.62B-2.47%
2024125.73B-7.24%
2023135.55B-31.15%
2022196.86B-2.97%
2021202.90B41.29%
2020143.60B415.45%
201927.86B13.67%
201824.51B-22.87%
201731.78B73.58%
201618.31B-41.13%

Azure Power Global Limited (AZREF) Average Enterprise Value

How has AZREF Enterprise Value performed in the past?

The current Enterprise Value of Azure Power Global Limited (AZREF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

127.97B

5-year avg

156.73B

10-year avg

102.97B

Azure Power Global Limited (AZREF) Enterprise Value vs. Peers

How is AZREF’s Enterprise Value compared to its peers?

Azure Power Global Limited’s Enterprise Value is greater than Powertap Hydrogen Capital Corp. (9.30M), greater than Green Impact Partners Inc. (95.79M), greater than Westbridge Renewable Energy Corp. (24.40M), greater than Ampeak Energy Ltd. (73.21M), greater than GCL New Energy Holdings Limited (1.80B), greater than Tidewater Renewables Ltd. (339.72M), greater than Energy World Corporation Ltd (520.44M), greater than SolarWindow Technologies, Inc. (23.73M), greater than Climeon AB (publ) (118.97M), greater than Shunfeng International Clean Energy Limited (2.54B),

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