Adani Green Energy vs SJVN: share price, P/E, ROE and financials compared
Adani Green Energy
SJVN
Adani Green Energy and SJVN at a glance
Adani Green Energy and SJVN are both listed in Power. Adani Green Energy is the larger by market cap, at ₹2.3L Cr against ₹22,459 Cr for SJVN (10.4 times as large). On valuation, SJVN has the lower P/E (22.7× against 129.5×) and the lower price-to-book (1.49× against 11.46×). On returns and margins, Adani Green Energy has the higher ROCE (6.3% against 5.0%), the higher ROE (7.3% against 6.7%) and the higher operating margin (90.8% against 67.8%). Over three years, Adani Green Energy has faster 3-year sales growth (+16.6% against +14.6% a year) and faster 3-year profit growth (+19.3% against −22.1% a year). SJVN carries less debt for its equity, with a debt-to-equity of 2.25× against 3.75×.
Key metrics, side by side
| Metric | Adani Green EnergyADANIGREEN | SJVNSJVN |
|---|---|---|
| Price (₹) | 1,424.10 | 57.15 |
| Market cap (₹ Cr) | 2,34,574 | 22,459 |
| P/E | 129.5× | 22.7× (the lower figure, shaded) |
| P/B | 11.46× | 1.49× (the lower figure, shaded) |
| Dividend yield, trailing | 0.00% | 2.62% (the higher figure, shaded) |
| ROE | 7.3% (the higher figure, shaded) | 6.7% |
| ROCE | 6.3% (the higher figure, shaded) | 5.0% |
| Operating margin (OPM) | 90.8% (the higher figure, shaded) | 67.8% |
| Net margin (NPM) | 12.6% | 15.9% (the higher figure, shaded) |
| Sales CAGR 3Y | +16.6% (the higher figure, shaded) | +14.6% |
| Profit CAGR 3Y | +19.3% (the higher figure, shaded) | −22.1% |
| Debt to equity | 3.75× | 2.25× (the lower figure, shaded) |
| Interest cover | 1.3× | 2.3× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 1,874 | 989 |
| 1Y return | +30.2% (the higher figure, shaded) | −34.1% |
| Promoter holding | 62.43% | – |
Adani Green Energy vs SJVN: common questions
Which is bigger, Adani Green Energy or SJVN?
By market cap, Adani Green Energy is bigger at ₹2.3L Cr, against ₹22,459 Cr for SJVN (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,874 Cr for Adani Green Energy and ₹989 Cr for SJVN.
Which has a lower P/E ratio, Adani Green Energy or SJVN?
Adani Green Energy trades at a P/E of 129.5× and SJVN at 22.7×. SJVN has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Adani Green Energy or SJVN?
Adani Green Energy reports a return on equity of 7.3% and SJVN 6.7%. Adani Green Energy has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Adani Green Energy or SJVN?
Over the last three years: Sales grew +16.6% a year at Adani Green Energy and +14.6% at SJVN, so Adani Green Energy grew sales faster; profit grew +19.3% a year at Adani Green Energy and −22.1% at SJVN, so Adani Green Energy grew profit faster. Past growth doesn’t predict future growth.