Adani Energy Solutions Ltd
ADANIENSOL NSE
Adani Energy Solutions Ltd
Utilities F&ONSE: ADANIENSOL BSE: 539254 Power
Key Fundamentals
LargecapPower DistributionPowerMarket Cap
1.8L Cr
Volatility
Moderate
P/E Ratio
78.62
EBITDA
₹9,822 Cr
Return on Equity
8.73%
Debt to Equity
1.88
Book Value
₹211.67
EPS
₹12.54
52W High
₹1,614.8
52W Low
₹744.9
Technical Indicators
Key Insights
Strengths
2- Promoter holding has increased by 1.54% over last quarter.
- Company's median sales growth is 28.0% of last 10 years
Weaknesses
4- Stock is trading at 7.06 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 10.5% over last 3 years.
Growth Rate
Revenue Growth
15.87% ↗
Net Income Growth
159.61% ↗
Cash Flow Change
21.58% ↗
ROE
124.94% ↗
ROCE
28.80% ↗
EBITDA Margin (Avg.)
-6.73% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,358 | 3,664 | 3,674 | 4,563 | 4,707 | 5,379 | 6,184 | 5,830 | 6,375 | 6,819 | 6,596 | 6,730 | 7,443 |
| Expenses | 2,154 | 2,395 | 2,324 | 3,092 | 3,141 | 3,728 | 4,469 | 4,170 | 4,335 | 5,009 | 4,640 | 4,734 | 5,298 |
| Operating Profit | 1,203 | 1,269 | 1,350 | 1,471 | 1,566 | 1,651 | 1,715 | 1,661 | 2,040 | 1,811 | 1,955 | 1,995 | 2,145 |
| OPM % | 36% | 35% | 37% | 32% | 33% | 31% | 28% | 28% | 32% | 27% | 30% | 30% | 29% |
| Other Income | 502 | 108 | 93 | 262 | 204 | -1,395 | 176 | 170 | 222 | 206 | 171 | 215 | 227 |
| Interest | 630 | 616 | 641 | 760 | 750 | 811 | 813 | 809 | 826 | 894 | 872 | 913 | 954 |
| Depreciation | 416 | 419 | 432 | 458 | 468 | 498 | 484 | 462 | 462 | 465 | 509 | 496 | 508 |
| PBT | 660 | 343 | 370 | 515 | 552 | -1,053 | 594 | 559 | 974 | 658 | 746 | 801 | 910 |
| Tax % | 33% | 47% | 23% | 32% | 31% | 13% | -30% | -12% | 27% | 18% | 25% | 28% | 21% |
| Net Profit | 440 | 182 | 284 | 348 | 381 | -1,191 | 773 | 625 | 714 | 539 | 557 | 574 | 723 |
| EPS in Rs | 3.49 | 1.57 | 2.47 | 2.91 | 3.24 | -7.39 | 5.62 | 4.68 | 5.39 | 4.27 | 4.44 | 4.6 | 5.69 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 131 | 2,194 | 2,876 | 3,944 | 7,305 | 11,416 | 9,926 | 11,258 | 13,293 | 16,607 | 23,767 | 27,588 |
| Expenses | 29 | 267 | 893 | 1,118 | 4,528 | 7,158 | 5,976 | 7,051 | 8,775 | 10,896 | 16,701 | 19,583 |
| Operating Profit | 101 | 1,927 | 1,983 | 2,826 | 2,778 | 4,258 | 3,950 | 4,206 | 4,518 | 5,711 | 7,067 | 8,005 |
| OPM % | 78% | 88% | 69% | 72% | 38% | 37% | 40% | 37% | 34% | 34% | 30% | 29% |
| Other Income | 3 | 70 | 22 | 111 | 336 | 261 | 1,115 | 1,286 | 1,583 | 611 | -827 | 721 |
| Interest | 73 | 957 | 904 | 886 | 1,391 | 2,238 | 2,117 | 2,365 | 2,781 | 2,767 | 3,259 | 3,633 |
| Depreciation | 37 | 560 | 569 | 579 | 882 | 1,174 | 1,329 | 1,427 | 1,608 | 1,776 | 1,906 | 1,978 |
| PBT | -5 | 480 | 532 | 1,472 | 840 | 1,107 | 1,620 | 1,700 | 1,712 | 1,780 | 1,075 | 3,115 |
| Tax % | 34% | 23% | 22% | 22% | 33% | 36% | 20% | 27% | 25% | 33% | 14% | 23% |
| Net Profit | -7 | 368 | 416 | 1,143 | 559 | 706 | 1,290 | 1,236 | 1,281 | 1,196 | 922 | 2,393 |
| EPS in Rs | -0.06 | 3.35 | 3.79 | 10.39 | 5.08 | 6.74 | 11.13 | 10.95 | 11.26 | 10.2 | 8.82 | 19 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,090 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,115 | 1,115 | 1,201 | 1,201 |
| Reserves | -7 | 1,572 | 1,847 | 4,957 | 6,943 | 7,399 | 7,819 | 8,813 | 10,634 | 11,526 | 20,867 | 24,226 |
| Borrowings | 9,701 | 8,585 | 8,975 | 10,428 | 20,137 | 24,246 | 27,095 | 29,902 | 34,270 | 37,070 | 39,926 | 49,176 |
| Other Liabilities | 708 | 489 | 890 | 781 | 4,379 | 6,966 | 7,219 | 7,650 | 7,913 | 8,827 | 11,908 | 18,153 |
| Total Liabilities | 11,492 | 11,746 | 12,811 | 17,265 | 32,558 | 39,711 | 43,234 | 47,464 | 53,932 | 58,538 | 73,902 | 92,757 |
| Fixed Assets | 10,573 | 10,060 | 9,853 | 9,291 | 24,412 | 24,924 | 26,987 | 30,272 | 32,645 | 38,920 | 39,555 | 46,804 |
| CWIP | 10 | 258 | 1,343 | 2,353 | 694 | 2,212 | 5,255 | 5,060 | 6,200 | 3,003 | 5,702 | 2,054 |
| Investments | 0 | 20 | 105 | 0 | 336 | 313 | 442 | 561 | 1,370 | 766 | 2,638 | 2,644 |
| Other Assets | 909 | 1,407 | 1,510 | 5,621 | 7,117 | 12,262 | 10,550 | 11,572 | 13,716 | 15,849 | 26,007 | 41,256 |
| Total Assets | 11,492 | 11,746 | 12,811 | 17,265 | 32,558 | 39,711 | 43,234 | 47,464 | 53,932 | 58,538 | 73,902 | 92,757 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -35 | 1,544 | 2,189 | 2,198 | 2,591 | 5,437 | 3,784 | 4,097 | 3,777 | 6,038 | 9,045 | 10,997 |
| Investing | -1,864 | -816 | -1,730 | -3,192 | -3,050 | -5,643 | -4,009 | -3,936 | -4,699 | -4,943 | -15,222 | -14,083 |
| Financing | 1,902 | -722 | -455 | 1,589 | 38 | 1,250 | -745 | -235 | 923 | -543 | 7,626 | 2,630 |
| Net Cash Flow | 3 | 6 | 4 | 596 | -421 | 1,045 | -969 | -75 | 2 | 551 | 1,448 | -456 |
| Free Cash Flow | -228 | 810 | 829 | 1,237 | 1,393 | 2,675 | -168 | -94 | -925 | 608 | -334 | -3,435 |
| CFO/OP | -20 | 84 | 119 | 89 | 100 | 132 | 102 | 104 | 89 | 111 | 131 | 143 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,255 | 30 | 24 | 24 | 36 | 32 | 37 | 35 | 39 | 82 | 65 | 76 |
| Cash Conversion Cycle | 1,255 | 30 | 24 | 24 | 36 | 32 | 37 | 35 | 39 | 82 | 65 | 76 |
| Working Capital Days | -11,796 | -473 | -128 | -115 | -175 | 14 | -122 | -97 | -78 | -57 | -34 | -50 |
| ROCE % | 1% | 13% | 12% | 17% | 10% | 11% | 11% | 10% | 10% | 9% | 10% | 10% |
Documents
1
Announcement under Regulation 30 (LODR)-Credit Rating
28 Apr - ICRA assigned AA+ stable rating and reaffirmed A1+ for commercial paper on April 27, 2026. 28 Apr - ICRA assigned AA+ stable rating and reaffirmed A1+ for commercial paper on April 27, 2026.
2
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 May - Adani Energy Solutions to attend Adani Annual Conference in Mumbai on June 3-4, 2026. 6 May - Adani Energy Solutions to attend Adani Annual Conference in Mumbai on June 3-4, 2026.
3
Announcement under Regulation 30 (LODR)-Change in Management
24 Apr - Adani Energy Solutions changed senior management and appointed BDO India Services as internal auditor effective April 23, 2026. 24 Apr - Adani Energy Solutions changed senior management and appointed BDO India Services as internal auditor effective April 23, 2026.
4
Audio Recording Of Analyst'S / Investor'S Call Pertaining To Audited Financial Results Of The Company For The Quarter And Financial Year Ended March 31, 2026
24 Apr - Submitted audio recording of Q4 FY26 audited results investor call held April 24, 2026. 24 Apr - Submitted audio recording of Q4 FY26 audited results investor call held April 24, 2026.
5
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
23 Apr - CARE report for quarter ended March 31, 2026 notes approved >10% fund reallocation in Rs 8,373.10 crore QIP. 23 Apr - CARE report for quarter ended March 31, 2026 notes approved >10% fund reallocation in Rs 8,373.10 crore QIP.
Frequently Asked Questions about Adani Energy Solutions Ltd
What does Adani Energy Solutions Ltd do?
AESL, part of the Adani portfolio, is a multidimensional organization with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions. AESL is India's largest private transmission company.[1]
Where is Adani Energy Solutions Ltd (ADANIENSOL) listed?
Adani Energy Solutions Ltd is listed on the Indian stock exchanges. It is listed on NSE: ADANIENSOL and BSE: 539254. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Adani Energy Solutions Ltd belong to?
Adani Energy Solutions Ltd operates in the Utilities sector within the Power industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Adani Energy Solutions Ltd?
Adani Energy Solutions Ltd has a market capitalisation of approximately ₹184012.48 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Adani Energy Solutions Ltd?
The Price-to-Earnings (PE) ratio of Adani Energy Solutions Ltd is 78.62. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Adani Energy Solutions Ltd?
Over the past 52 weeks, Adani Energy Solutions Ltd has traded between a low of ₹744.9 and a high of ₹1,614.8. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Adani Energy Solutions Ltd?
Adani Energy Solutions Ltd has a Return on Equity (ROE) of 8.73%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Adani Energy Solutions Ltd on Tapetide?
On Tapetide, you can view Adani Energy Solutions Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
AESL, part of the Adani portfolio, is a multidimensional organization with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions. AESL is India's largest private transmission company.[1]
Website adanienergysolutions.com
CEO Mr. Gautambhai Shantilal Adani S.Y. B.Com
Employees 4,191
Listed 2015-07-31
Face Value ₹ 10
Issued Size 1,20,12,82,642