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Earnings Call

Adani Energy Solutions Earnings Call: Key Takeaways

AESL reported FY26 operational revenue of ₹18,296 cr (up 7% YoY) and record EBITDA of ₹8,726 cr (up 13% YoY), driven by transmission assets and smart metering ramp-up.

Why this was an Alfa AlertAchieved GHG emission intensity reduction of 40% by FY25/26, surpassing the 'achieved' status stated in targets.
Highlights
Revenue growth7% YoY growth in operational revenue for FY26.
MarginsEBITDA margin expansion driven by transmission and smart metering segments.
Order bookTransmission UC orderbook at ₹71,779 cr; smart metering at ₹29,519 cr.
Demand visibility103 mn smart meter untapped market opportunity identified.
Management confidenceStrong outlook on smart metering and transmission bidding capabilities.

Growth

PAT surged 160% to ₹2,393 cr; smart metering capex rose 1.8x; distribution segment RAB grew 10% YoY to ₹10,521 cr.

Outlook

Targeting 60% RE share by FY27 and 100% by FY30; ₹14,232 cr capex in FY26; 24.6mn smart meter orderbook.

Risks

Higher net debt of ₹39,268 cr (vs ₹30,076 cr FY25); net debt to EBITDA at 4.5x; regulatory compliance risks.

Source

Earnings Call filed with NSE, NSE: ADANIENSOL. Summary written with AI assistance from the document.

Read the document ↗

Adani Energy Solutions Ltd: key numbers

Share price
₹1,287.90
Market cap
₹1,57,504 Cr
Revenue (annual)
₹27,588 Cr
Net profit (annual)
₹2,283 Cr
P/E (TTM)
54.0×Sector 24.3×
Promoter holding
73.39%+0.66% QoQ
FII holding
10.31%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Adani Energy Solutions Other Announcement

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23:12 IST BSE
New Order Win

Adani Energy Solutions Bags New Order from Maharashtra State Electricity Distribution Company Limited

Adani Energy Solutions' subsidiary PTSL signed a 25-year Power Purchase Agreement with MSEDCL for the supply of 2,500 MW of Round-the-Clock power.

From
Maharashtra State Electricity Distribution Company Limited (MSEDCL)
Execution
25 years
RTC power supply capacity
2500.0 MW
10:01 IST BSE
Capital Structure Change

Adani Energy Solutions Capital Structure Change

GQG Partners and its PACs sold a 1.63% stake in Adani Energy Solutions Limited. The disposal was executed through multiple open market transactions.