ALFA Finder| Margins | Energy solutions EBIT at INR 590 Cr; smart meter revenue rising. |
|---|---|
| Order book | Smart meter order book at 2.46 crore units; total portfolio 4.7 crore. |
| Demand visibility | Robust pipeline from data centers (1.5x consumption load) and C&I customers. |
| Management confidence | High; citing execution discipline and locked-in growth across four business verticals. |
Growth
Energy Solutions revenue reached INR 1,838 Cr from long-term PPAs; quarterly capex delivered was INR 3,500 Cr.
Outlook
Targeting INR 20,000-25,000 Cr annual capex; aims to capture 7.5 GW market opportunity by 2031.
Risks
Potential variability in P&L due to open market positions and industry-wide Right-of-Way (ROW) challenges in transmission.
Last quarter's promises, checked
Delivered
- Guided 70 lakh smart meters → delivered 83 lakh (= BEAT)
- Guided Mumbai HVDC commissioning in FY26 → delivered 100% complete (= BEAT)
- Guided INR 15,000 Cr capex for FY26 → delivered ~INR 15,000 Cr (= BEAT)
Partly delivered
- Guided FY27 Capex INR 22,000 Cr → delivered INR 3,500 Cr in Q1 (on track but early) (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: ADANIENSOL. Summary written with AI assistance from the document.
Adani Energy Solutions Ltd: key numbers
- Share price
- ₹1,436.50
- Market cap
- ₹1,75,677 Cr
- Revenue (annual)
- ₹27,588 Cr
- Net profit (annual)
- ₹2,283 Cr
- P/E (TTM)
- 47.4×Sector 21.7×
- Promoter holding
- 73.39%-1.32% QoQ
- FII holding
- 9.57%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Adani Energy Solutions Ltd
All →Adani Energy Solutions Earnings Call Transcript: Key Takeaways
Adani Energy delivered robust growth driven by transmission commissioning and a mature energy solutions platform.
Adani Energy Solutions Investor Presentation: Key Takeaways
Adani Energy Solutions reported record performance for Q2 FY27, driven by strong growth in transmission and the inclusion of the energy solutions platform. The company is scaling smart metering and transmission networks.
Adani Energy Solutions Management Change
Adani Energy Solutions appointed Mr. Arvind Sharma as CISO and Mr. Rahul Bhutiani as Chief – Strategic Customer Acquisition, effective October 22, 2026.
Adani Energy Solutions Results Update
AESL reported Q2FY27 PAT of Rs 1,364 crore and EBITDA of Rs 3,548 crore, both record highs. A 2,500 MW MSEDCL RTC power contract is also highlighted.
- RTC power supply capacity (PPA with MSEDCL)
- 2500 MW
- Order book
- ₹87,000 Cr
Adani Energy Solutions Q2 FY27 Results: Net Profit ₹1,364 Cr, Up 144.8% YoY
Adani Energy Solutions Ltd reported revenue from operations of ₹10,076 Cr (+52.8% YoY) and net profit of ₹1,364 Cr (+144.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹1,364 Cr · +144.8% YoY
Adani Energy Solutions Other Announcement
Adani Energy Solutions Limited submitted the certificate from its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, under Regulation 74(5) for the September 2026 quarter.