Adani Energy Solutions Limited share price

NSE: ADANIENSOL · ISIN INE931S01010

Key numbers

Market cap
₹ 1,63,692 Cr
Current price
₹ 1,338.50
52-week high / low
₹ 1,789 / 803
Stock P/E
55.2
Book value
₹ 211.7
Dividend yield
0.00%
ROCE
9.6%
ROE
9.6%
Debt to equity
1.93
Sales growth (3 yrs)
27.7%
Profit growth (3 yrs)
22.7%
1-year return
50.6%

About Adani Energy Solutions Limited

Adani Energy Solutions Limited, together with its subsidiaries, generates, transmits, and distributes power in India. It operates through the Transmission; Distribution; Smart Meter; Trading; and Others segments. The company is involved in the establishment, commission, setting up, operation, and maintenance of electric power transmission systems; development, ownership, and operation of transmission lines; trade of bullion and other commodities; and laying of optical ground wire fibers on transmission lines to telecom solutions to telecom companies, internet service providers, and long-distance communication operators. It also provides electricity meters to optimize real-time insights of electricity usage. The company was formerly known as Adani Transmission Limited and changed its name to Adani Energy Solutions Limited in July 2023. The company was incorporated in 2013 and is headquartered in Ahmedabad, India. Adani Energy Solutions Limited operates as a subsidiary of S.B. Adani Family Trust.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales6,3756,8196,7307,4439,711
Operating profit2,2512,3152,3362,1453,008
Net profit6475125526841,149
EPS (₹)5.504.274.605.699.57

Concall summary (2026-07-28)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • We are also expecting a few long-term contracts very shortly.
  • So we contract those capacities on a long term and take that position, and then we sell it in the market.

Growth & demand

  • We have also now completed the smart meter installation of 1.34 crore s or 13.4 million meters cumulatively on the order book of 2.46 crores or 24.6 million.
  • And this contract also has provisions for natural growth of volume within the given contract.

Margins & costs

  • Besides scaling up all these 4 business verticals, we continue to make sure that our execution discipline and capital discipline are maintained even in this high -growth period and thereby, reducing our cost of capital and improve consistently our credit qu ality.
  • So typically, those margins on those capacities where we are taking the position would be higher, whereas on the services side, we'll be taking the service as is.

Capex & expansion

  • One significant thing is that we delivered a quarterly capex of about -- close to INR3,500 crores of capex.
  • And say, for 1.5 gigawatt of consumption load, we are talking about on -- if we want to supply from renewables, 3.5x to 4x of renewable capacity required apart from significant storage.

Risks & challenges

  • These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict.
  • But yes, we will endeavour to do that, then most of the capacity is back to back locked-up and we don't create much of the volatility in our numbers.

Peers in Utilities - Independent Power Producers

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