| Quarterly Financials | Mar 2015 | Jun 2015 | Sept 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sept 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sept 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 127 | 469 | 621 | 529 | 647 | 637 | 688 | 734 | 841 | 619 | 752 | 1,807 | 878 | 695 | 1,463 | 2,915 | 2,601 | 2,890 | 2,638 | 2,836 | 3,318 | 2,781 | 2,339 | 2,540 | 2,625 | 2,893 | 2,815 | 3,037 | 2,993 | 3,701 | 3,230 | 3,507 | 3,860 | 3,772 | 3,767 | 4,824 | 4,911 | 5,490 | 6,360 | 6,000 | 6,596 | 7,026 | 6,767 |
| Expenses | 29 | 28 | 37 | 52 | 154 | 54 | 210 | 258 | 374 | 156 | 299 | 344 | 319 | 116 | 839 | 1,931 | 1,674 | 1,751 | 1,590 | 1,722 | 2,099 | 1,290 | 1,194 | 1,593 | 1,899 | 1,439 | 1,587 | 2,011 | 2,029 | 2,459 | 2,088 | 2,074 | 2,155 | 2,395 | 2,324 | 3,092 | 3,141 | 5,234 | 4,469 | 4,170 | 4,335 | 5,009 | 4,640 |
| EBITDA | 98 | 441 | 585 | 478 | 493 | 584 | 479 | 477 | 466 | 463 | 453 | 1,463 | 559 | 579 | 623 | 984 | 927 | 1,138 | 1,049 | 1,114 | 1,218 | 1,491 | 1,146 | 948 | 725 | 1,454 | 1,227 | 1,027 | 963 | 1,243 | 1,142 | 1,433 | 1,706 | 1,378 | 1,443 | 1,732 | 1,770 | 256 | 1,891 | 1,831 | 2,262 | 2,017 | 2,127 |
| Operating Profit % | 77 % | 94 % | 94 % | 90 % | 76 % | 92 % | 69 % | 65 % | 55 % | 74 % | 60 % | 81 % | 61 % | 81 % | 40 % | 30 % | 34 % | 39 % | 39 % | 38 % | 34 % | 47 % | 45 % | 31 % | 17 % | 48 % | 36 % | 23 % | 21 % | 19 % | 31 % | 37 % | 36 % | 35 % | 37 % | 32 % | 33 % | 3 % | 28 % | 28 % | 32 % | 27 % | 30 % |
| Depreciation | 37 | 139 | 141 | 141 | 140 | 140 | 141 | 146 | 143 | 145 | 146 | 146 | 143 | 146 | 192 | 268 | 276 | 285 | 291 | 294 | 304 | 378 | 314 | 325 | 312 | 342 | 353 | 363 | 370 | 384 | 398 | 410 | 416 | 419 | 432 | 458 | 468 | 498 | 484 | 462 | 462 | 465 | 509 |
| Interest | 73 | 257 | 236 | 238 | 227 | 232 | 254 | 208 | 210 | 207 | 216 | 236 | 226 | 211 | 287 | 458 | 436 | 532 | 493 | 516 | 698 | 631 | 536 | 455 | 494 | 614 | 540 | 560 | 650 | 740 | 714 | 697 | 631 | 616 | 641 | 760 | 750 | 811 | 813 | 809 | 826 | 894 | 872 |
| Profit Before Tax | -11 | 46 | 209 | 99 | 127 | 212 | 83 | 123 | 114 | 111 | 91 | 1,080 | 190 | 222 | 145 | 259 | 215 | 321 | 264 | 305 | 217 | 482 | 296 | 472 | 370 | 540 | 396 | 402 | 362 | 202 | 250 | 600 | 660 | 343 | 370 | 515 | 552 | -1,053 | 594 | 559 | 974 | 658 | 746 |
| Tax | 2 | 15 | 46 | 24 | 27 | 89 | -16 | 24 | 19 | 27 | 24 | 238 | 39 | 53 | 55 | 105 | 68 | 108 | 34 | 101 | 158 | 127 | 82 | 9 | 114 | 107 | 108 | 125 | 125 | 33 | 56 | 122 | 220 | 161 | 86 | 166 | 171 | 138 | -179 | -66 | 260 | 119 | 189 |
| Net Profit | -13 | 31 | 162 | 75 | 100 | 123 | 100 | 99 | 95 | 84 | 67 | 842 | 150 | 169 | 90 | 154 | 147 | 213 | 230 | 204 | 59 | 355 | 214 | 464 | 257 | 433 | 289 | 277 | 237 | 169 | 195 | 478 | 440 | 182 | 284 | 348 | 381 | -1,191 | 773 | 625 | 714 | 539 | 557 |
| EPS in ₹ | -0.56 | 0.28 | 1.47 | 0.68 | 0.91 | 1.12 | 0.91 | 0.90 | 0.86 | 0.76 | 0.61 | 7.65 | 0.92 | 1.05 | 0.19 | 0.56 | 0.51 | 1.66 | 1.37 | 1.85 | 1.03 | 1.29 | 1.37 | 3.08 | 1.67 | 3.39 | 1.90 | 1.85 | 1.75 | 1.50 | 1.85 | 4.26 | 3.49 | 1.57 | 2.47 | 2.92 | 3.24 | -7.39 | 6.09 | 4.85 | 5.50 | 4.27 | 4.44 |
Adani Energy Solutions
Adani Energy Solutions
1,057.90
+11.50
(1.10%)
Market Cap
1,27,083.70 Cr
PE Ratio
52.19
Volume
13,70,725.00
Day High - Low
1,067.70 - 1,050.20
52W High-Low
1,067.70 - 639.45
Key Fundamentals
Market Cap
1,27,083.70 Cr
EPS
9.05
PE Ratio
52.19
PB Ratio
5.43
Book Value
194.66
EBITDA
9,086.70
Dividend Yield
0.00 %
Industry
Power Sector
Power Distribution Return on Equity
4.01
Debt to Equity
2.23
Analyst Rating and Forecast
- By Refinitiv from6 analysts
Actual
Company News
View All News
Adani Energy Solutions Forms New IFSC Subsidiary
Dec 22, 2025
Dec 22, 2025Adani Energy Solutions has incorporated Atsol Global IFSC Limited as a wholly owned subsidiary, correcting earlier information about the subsidiary's name and expanding its corporate structure.
Adani Energy Solutions Forms New IFSC SubsidiaryDec 22, 2025
Dec 22, 2025Adani Energy Solutions announces incorporation of ATSOL Global IFSC Limited, a step-down subsidiary with ₹5.00 lakh authorized capital to operate as Global Treasury Centre under IFSCA regulations.
PFC Consulting Limited completed transfer of its fully owned subsidiary KPS III HVDC Transmission Limited to Adani Energy Solutions for ₹203.25 crore through Share Purchase Agreement executed December 12, 2025.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,057.90 | #1 1,27,083.70 | #1 52.19 | #1 24,446.50 | #1 41.98 | #1 922 | #1 -27.97 | 66.79 |
Growth Rate
Revenue Growth
41.98 %
Net Income Growth
-22.91 %
Cash Flow Change
44.02 %
ROE
-54.07 %
ROCE
-24.61 %
EBITDA Margin (Avg.)
-5.64 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 11,492 | 11,746 | 12,811 | 17,266 | 32,661 | 39,711 | 43,234 | 47,464 | 53,932 | 58,579 | 73,960 |
| Fixed Assets | 10,573 | 10,060 | 9,853 | 9,291 | 24,412 | 24,924 | 26,987 | 30,272 | 32,645 | 38,920 | 39,555 |
| Current Assets | 884 | 1,302 | 1,377 | 1,750 | 3,830 | 8,438 | 4,560 | 4,354 | 6,943 | 8,047 | 13,587 |
| Capital Work in Progress | 10 | 258 | 1,343 | 2,353 | 694 | 2,212 | 5,255 | 5,060 | 6,200 | 3,003 | 5,702 |
| Investments | 0 | 20 | 105 | 0 | 336 | 313 | 442 | 561 | 1,370 | 767 | 2,638 |
| Other Assets | 909 | 1,407 | 1,510 | 5,621 | 7,219 | 12,262 | 10,550 | 11,572 | 13,717 | 15,890 | 26,065 |
| Total Liabilities | 11,492 | 11,746 | 12,811 | 17,266 | 32,661 | 39,711 | 43,234 | 47,464 | 53,932 | 58,579 | 73,960 |
| Current Liabilities | 5,087 | 3,971 | 1,884 | 2,328 | 6,418 | 5,382 | 6,417 | 5,657 | 7,017 | 7,963 | 9,923 |
| Non Current Liabilities | 5,323 | 5,103 | 7,980 | 8,881 | 18,200 | 24,768 | 26,794 | 30,801 | 34,039 | 36,913 | 41,026 |
| Total Equity | 1,083 | 2,672 | 2,947 | 6,057 | 8,043 | 9,561 | 10,023 | 11,007 | 12,876 | 13,703 | 23,011 |
| Reserve & Surplus | -7 | 1,572 | 1,847 | 3,108 | 3,535 | 4,120 | 4,990 | 5,757 | 10,634 | 11,526 | 20,867 |
| Share Capital | 1,090 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,116 | 1,116 | 1,201 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 3 | 6 | 4 | 596 | -421 | 1,045 | -969 | -75 | 2 | 551 | 1,448 |
| Investing Activities | -1,864 | -816 | -1,730 | -3,192 | -3,050 | -5,643 | -4,009 | -3,936 | -4,699 | -4,943 | -15,222 |
| Operating Activities | -35 | 1,544 | 2,189 | 2,198 | 2,591 | 5,437 | 3,784 | 4,097 | 3,777 | 6,038 | 8,695 |
| Financing Activities | 1,902 | -722 | -455 | 1,589 | 38 | 1,250 | -745 | -235 | 923 | -543 | 7,975 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Aug 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 74.92 % | 74.92 % | 74.92 % | 74.92 % | 74.92 % | 73.87 % | 73.87 % | 74.19 % | 71.65 % | 68.28 % | 73.22 % | 73.22 % | 73.22 % | 74.94 % | 69.59 % | 69.94 % | 69.94 % | 69.94 % | 71.19 % | 71.19 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 17.73 % | 17.49 % | 17.49 % | 15.54 % | 19.23 % | 18.66 % | 17.33 % | 17.58 % | 15.85 % | 13.05 % |
| DIIs | 2.54 % | 2.53 % | 2.54 % | 2.92 % | 3.22 % | 3.43 % | 3.59 % | 3.77 % | 3.80 % | 3.82 % | 3.87 % | 3.83 % | 3.80 % | 3.97 % | 5.34 % | 5.38 % | 5.85 % | 6.33 % | 6.89 % | 9.96 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 1.67 % | 1.36 % | 1.19 % | 1.09 % | 1.03 % | 1.05 % | 0.97 % | 1.08 % | 1.76 % | 2.99 % | 3.14 % | 3.42 % | 3.46 % | 3.52 % | 3.28 % | 3.62 % | 4.39 % | 3.94 % | 3.75 % | 3.61 % |
| Others | 20.87 % | 21.19 % | 21.35 % | 21.07 % | 20.83 % | 21.66 % | 21.57 % | 20.96 % | 22.79 % | 24.91 % | 2.03 % | 2.04 % | 2.03 % | 2.03 % | 2.56 % | 2.41 % | 2.48 % | 2.21 % | 2.32 % | 2.18 % |
| No of Share Holders | 75,433 | 1,27,137 | 1,13,375 | 95,731 | 88,941 | 1,25,733 | 1,27,095 | 1,52,432 | 3,22,851 | 4,26,135 | 4,21,057 | 4,76,626 | 4,78,125 | 4,93,621 | 4,54,140 | 4,50,283 | 5,49,520 | 5,27,137 | 5,00,926 | 4,89,248 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 19 Jul 2023 |  Change Of Name | NA | 19 Jul 2023 | 783.00 | 783.00 |
| 25 Jun 2024 |  Annual General Meeting | NA | 25 Jun 2024 | 1,060.65 | 1,016.80 |
| 22 Oct 2024 |  Quarterly Result Announcement | NA | 22 Oct 2024 | 1,033.15 | 1,017.45 |
| 23 Jan 2025 | Quarterly Result Announcement | NA | 23 Jan 2025 | 805.65 | 801.15 |
| 24 Apr 2025 | Quarterly Result Announcement | NA | 24 Apr 2025 | 914.20 | 938.75 |
| 25 Jun 2025 | Annual General Meeting | NA | 25 Jun 2025 | 938.75 | 851.80 |
| 24 Jul 2025 | Quarterly Result Announcement | NA | 24 Jul 2025 | 873.25 | 863.05 |
| 27 Oct 2025 | Quarterly Result Announcement | NA | 27 Oct 2025 | 947.10 | 944.50 |
Announcements
Announcement under Regulation 30 (LODR)-AcquisitionDec 22, 2025
Dec 22, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 15, 2025
Dec 15, 2025Announcement under Regulation 30 (LODR)-AcquisitionDec 12, 2025
Dec 12, 2025Update On ESG RatingDec 09, 2025
Dec 09, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportDec 09, 2025
Dec 09, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 05, 2025
Dec 05, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateNov 29, 2025
Nov 29, 2025Intimation For Receipt Of Letter Of IntentNov 18, 2025
Nov 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 18, 2025
Nov 18, 2025Rumour verification - Regulation 30(11)Nov 13, 2025
Nov 13, 2025Clarification sought from Adani Energy Solutions LtdNov 12, 2025
Nov 12, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 07, 2025
Nov 07, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotNov 06, 2025
Nov 06, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 05, 2025
Nov 05, 2025Announcement under Regulation 30 (LODR)-Credit RatingNov 04, 2025
Nov 04, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptOct 31, 2025
Oct 31, 2025Submission Of Audio Recording Of Analysts / Investors Call Pertaining To The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30 2025Oct 28, 2025
Oct 28, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportOct 27, 2025
Oct 27, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 27, 2025
Oct 27, 2025Outcome Of Board Meeting Held On October 27 2025 And Submission Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30 2025.Oct 27, 2025
Oct 27, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On October 27 2025 And Submission Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30 2025.Oct 27, 2025
Oct 27, 2025Board Meeting Intimation for Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30 2025Oct 17, 2025
Oct 17, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 14, 2025
Oct 14, 2025Provisional Operational Updates - Q2 & FY26Oct 10, 2025
Oct 10, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 07, 2025
Oct 07, 2025Closure of Trading WindowSep 29, 2025
Sep 29, 2025Chairmans Letter To ShareholdersSep 24, 2025
Sep 24, 2025Reply To ClarificationSep 22, 2025
Sep 22, 2025Clarification sought from Adani Energy Solutions LtdSep 22, 2025
Sep 22, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 09, 2025
Sep 09, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 02, 2025
Sep 02, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 02, 2025
Sep 02, 2025Announcement under Regulation 30 (LODR)-AcquisitionSep 02, 2025
Sep 02, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-AcquisitionAug 27, 2025
Aug 27, 2025Announcement under Regulation 30 (LODR)-AcquisitionAug 26, 2025
Aug 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-AcquisitionAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-AcquisitionAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Credit RatingAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-AcquisitionAug 04, 2025
Aug 04, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJul 28, 2025
Jul 28, 2025Submission Of Audio Recording Of AnalystS / InvestorS Call Pertaining To The Unaudited Financial Results Of The Company For Q1FY26.Jul 25, 2025
Jul 25, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportJul 24, 2025
Jul 24, 2025Outcome Of Board Meeting Held On July 24 2025 And Submission Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30 2025.Jul 24, 2025
Jul 24, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 24, 2025
Jul 24, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On July 24 2025 And Submission Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30 2025Jul 24, 2025
Jul 24, 2025Board Meeting Intimation for Board Meeting Intimation For Unaudited Financial Results Of The Company For The Quarter Ended Jun 30 2025Jul 18, 2025
Jul 18, 2025Companys ESG Rating Maintains Strong CategoryJul 12, 2025
Jul 12, 2025Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 66.79
ATR(14)
Less Volatile 24.73
STOCH(9,6)
Overbought 83.62
STOCH RSI(14)
Overbought 96.31
MACD(12,26)
Bullish 5.61
ADX(14)
Weak Trend 20.40
UO(9)
Bearish 56.89
ROC(12)
Uptrend And Accelerating 6.40
WillR(14)
Overbought -9.93
About Adani Energy Solutions
Adani Energy Solutions Limited, formerly Adani Transmission Limited, is India's largest private transmission company. Headquartered in Ahmedabad, Gujarat, it operates across 14 states with a portfolio of 19,779 circuit kilometers (ckm) of transmission lines and over 46,001 MVA of power transformation capacity. The company is engaged in generation, transmission, and...more
Chairperson NameGautam S Adani
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
