Azure Power Global Ltd (AZREF)

Azure Power Global Ltd is a common stock listing on OTC Markets representing a company focused on renewable energy development in India. The business develops, owns, and operates grid-scale renewable power projects and supplies electricity under long-term power purchase agreements to government utilities as well as industrial and commercial customers. Its portfolio includes rooftop capacity, and the company reports operating capacity of 3,041 megawatts, of which 86.5 megawatts is rooftop capacity. Founded in 2008, Azure Power Global Ltd is based in Gurugram, India.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Overall Financial Health Dividend Yield Next Earnings Date Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Free Cash Flow / Net Income
OTC-AZRE.F
$1.38
38.2% Upside
Undervalued
Not available
Not available
Good
0.0%
December 14, 2026
0.3x
64.166 M
1.255 B
0.0%
99.8%
-335.8%
Valuation • Fair Value

Azure Power Global Ltd (OTC-AZRE.F) Fair Value by Valuation Model

Review the available estimates for Azure Power Global Ltd (OTC-AZRE.F), including Comps Fair Value.

Primary Valuation Read

Fair Value

$1.38

Estimated upside of 38.2% versus the current market price.

Fair Value Confidence

Low

Confidence level for the primary fair value estimate.

Comps Fair Value

$1.38

Comparable-company valuation reference.

Analyst Price Target

Not available

Data is currently unavailable.

How to read these valuation models

Use the 3 available valuation references for Azure Power Global Ltd (OTC-AZRE.F) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Azure Power Global Ltd (OTC-AZRE.F)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

218.6 M

Current operating scale indicator.

Revenue Forecast

213.6 M

Forward revenue estimate.

EBITDA

175.4 M

Current operating profitability reference.

EBITDA Forecast

155.1 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Azure Power Global Ltd (OTC-AZRE.F) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Azure Power Global Ltd (OTC-AZRE.F)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Good

Positive financial-health read.

Piotroski Score

3

Weak quality score that deserves closer review.

FCF / Net Income

-335.8%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Azure Power Global Ltd (OTC-AZRE.F). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Azure Power Global Ltd (OTC-AZRE.F)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

December 14, 2026

Days to Earnings

83

Dividend Yield

0.0%

No current dividend yield is indicated.

How to read events and dividends

This section helps investors track time-sensitive items for Azure Power Global Ltd (OTC-AZRE.F), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Technical Outlook

Technical Signals by Time Frame

Review the technical signals currently available for this stock across supported time frames.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Azure Power Global Ltd (OTC-AZRE.F) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Azure Power Global Ltd (OTC-AZRE.F) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Azure Power Global Ltd (OTC-AZRE.F) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Neutral

The weekly technical read for Azure Power Global Ltd (OTC-AZRE.F) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Neutral

The monthly technical read for Azure Power Global Ltd (OTC-AZRE.F) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

FAQ Fast Investor Answers

Azure Power Global Ltd (OTC-AZRE.F) Stock FAQ

Data-supported answers about Azure Power Global Ltd (OTC-AZRE.F), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$1.38
Estimated upside 38.2%
Valuation Rating
Undervalued
Estimated upside of 38.2%
Financial Health
Good
Current financial-health read

The current fair value estimate for Azure Power Global Ltd (OTC-AZRE.F) is $1.38. This implies an estimated upside of 38.2% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 38.2% versus the current market price.

The current financial health read for Azure Power Global Ltd (OTC-AZRE.F) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Azure Power Global Ltd (OTC-AZRE.F) is December 14, 2026.

The latest available data indicates no current dividend yield for Azure Power Global Ltd (OTC-AZRE.F).

The current market capitalization listed for Azure Power Global Ltd is 64.166 M.

The current enterprise value listed for Azure Power Global Ltd is 1.255 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Azure Power Global Ltd is OTC-AZRE.F, and the stock is listed on OTC Markets.

Azure Power Global Ltd (OTC-AZRE.F) is listed on OTC Markets.

The current debt-to-total-capital ratio listed for Azure Power Global Ltd is 0.0%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Azure Power Global Ltd is 99.8%. Free float helps investors understand how much of the share base is available for public trading.