illuminem logo
illuminem logo
  • Rankings
  • Use Cases
  • Pricing
  • Media
  • More
illuminem logo

About illuminem

AboutCareersBecome a Thought Leader

Advertising

Advertise with usPromote EventsOur Reach

Support

FAQsContact Us
Terms & Privacy Policy

© 2026 illuminem. All rights reserved. Various trademarks held by their owners.

  1. Home
  2. ›
  3. Industries
  4. ›
  5. manufacturing
  6. ›
  7. Azure Power
Company logo

Azure Power | Sustainability Performance

https://www.azurepower.com
Linkedin

Azure Power Global Limited develops and operates renewable energy projects, primarily focusing on solar power generation. The company provides clean energy solutions through utility-scale, rooftop, and distributed solar projects, supporting sustainable energy transitions in various regions.

2008

India

201 - 500 employees

Renewables & Environment

$1M - 10M in revenue

Submit or report inaccurate dataDownload Company Insights

Sustainability Ranking & Industry Benchmark

#13357
Overall
#390
in India
#185
in Renewables & Environment

Sustainability Maturity

​​0123456789​​%

Sustainability Intent

Available in
Scale package

Access
​​0123456789​​%

Industry Rank

87 out of 192

Overview
Governance
TargetsESG scores and Exclusions
Financial Data
Business performanceCapital & innovationAnalyst projections

View similiar companies


Company logo
CEAT

India, Manufacturing, Automotive


Company logo
Cyient

India, Manufacturing, Mechanical & Industrial Engineering


Company logo
Praj Industries

India, Manufacturing, Machinery

Market cap

5.3B $, 2026

Revenue

244.5M $, 2024▲2.6% YoY

Controversy level


Very Low
Low
Noticeable
High
Severe
Download Controversy Analysis
  • Azure Power's CEO Harsh Shah and CFO resigned in 2022 amid disclosed governance issues and whistleblower allegations, with the company delaying its annual report and facing SEC inquiry and Nasdaq delisting risk.
Powered by illuminem

Market cap

5.3B $, 2026▼NaN% YoY

Revenue

244.5M $, FY2024▲2.6% YoY

EBITDA

149.4M $, FY2024▼9.1% YoY

Operating margin

39% Industry: -52▼23.9% YoY

Revenue & EBITDA

$244.5MFY2024 revenue

Total Annual
Revenue & EBITDA
($ B)

Annual revenue
EBITDA
3 year change
Powered by illuminem

Margin trends


Margin as % of revenue

Gross margin
Operating margin
Net margin

Powered by illuminem

Free cashflow

33.9M 2024▲32.1% YoY

Capex

4.5M 2024▼1410.9% YoY

Debt/equity ratio

3.8 Industry: 1▼NaN% YoY

Return on invested capital

-2.0%FY2026

Return on invested capital (ROIC)
Industry benchmark

Powered by illuminem

Analyst revenue estimates & actuals


Analyst consensus vs actuals
($ B)

Actual revenue
Consensus estimates
Estimate only

0.2

▲ 7062.6%

2022

0.2

2023

0.2

▼ 11.8%

2024

NaN


Powered by illuminem

Environmental policy coverage

Carbon reduction policy

Available

Human rights policy

Available

Recycling policy

Not available

Workplace health & safety policy

Available

25%
Independent Directors

4 out of 16 incl. management

Powered by illuminem

Overall score

48

Environment

58

Social

51

Governance

34

Exclusion screening

Adult content

Not available

Alcoholic

Not available

Animal testing

Not available

Firearms

Not available

Tobacco

Not available

Gambling

Not available

Nuclear

Not available

Powered by illuminem

Reporting

sustainability report symbol

Sustainability Report

Available

Sustainability employees


Total sustainability employees

7-10



    Available in
    Scale package

    Access
  • Email

  • Email