| 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
970.15
-4.65
(-0.48%)
Key Fundamentals
Market Cap
1,16,542.44 Cr
EPS
9.05
PE Ratio
49.01
Dividend Yield
0.00 %
Industry
Power 52 Week High
1,050.00
52 Week Low
588.00
PB Ratio
5.10
Debt to Equity
2.23
Sector
Power Distribution Analyst Rating and Forecast
- By Refinitiv from5 analysts
Actual
Company News
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Adani Energy Solutions Receives Intent Letter for Renewable Energy Power Transmission System
6 days ago
6 days agoAdani Energy Solutions has received an intent letter for a power transmission system project related to renewable energy. The development indicates potential new business opportunities for the company in the renewable energy transmission infrastructure sector.
Adani Energy Solutions Seeks Shareholder Approval for Enhanced Related Party Transaction LimitsNov 07, 2025
Nov 07, 2025Adani Energy Solutions Limited has issued a postal ballot notice seeking shareholder approval for incremental amounts in material related party transactions. The company proposes to enhance transaction limits for its wholly-owned subsidiary Powerpulse Trading Solutions Limited (formerly Adani Energy Solutions Step-Thirteen Limited) with related parties Adani Power Limited and Mahan Energen Limited for FY 2025-26. The incremental amounts being sought are Rs. 4,500 crore (over and above the already approved limit of Rs. 8,220 crore) for transactions with Adani Power Limited, and Rs. 2,000 crore (over and above the already approved limit of Rs. 1,775 crore) for transactions with Mahan Energen Limited. These transactions involve power trading activities where Powerpulse Trading Solutions, holding a power trading license from Central Electricity Regulatory Commission, will facilitate power sales on merchant basis at market-discovered prices. The voting period runs from November 8, 2025 to December 7, 2025, with voting restricted to electronic mode only.
RSWM Ltd, a leading textile manufacturer and flagship company of LNJ Bhilwara Group, has signed an agreement with Adani Energy Solutions Ltd (AESL) for the supply of 60MW of renewable energy. Under the agreement, RSWM invested ₹260 crores under the Group Captive Scheme with a renewable genco for the supply of 31.53 crore units of green power annually to its manufacturing facilities across Rajasthan. This partnership will increase RSWM's renewable energy contribution from the current 33% to 70% of its total energy requirements. AESL will manage the entire green power value chain for RSWM's additional power requirements. The collaboration aims to enhance long-term energy security and operational efficiency while reducing carbon footprint. AESL is targeting a Commercial & Industrial portfolio of 7,000MW over the next five years.
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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 |
|---|---|---|---|---|---|---|---|---|
970.15 | #1 1,16,542.44 | #1 49.01 | #1 24,446.50 | #1 41.98 | #1 922 | #1 -27.97 | 49.74 |
Automatic Screeners on ScanX
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 | 1,032.65 | 1,017.45 |
| 23 Jan 2025 | Quarterly Result Announcement | NA | 23 Jan 2025 | 805.15 | 801.15 |
| 24 Apr 2025 | Quarterly Result Announcement | NA | 24 Apr 2025 | 914.15 | 938.75 |
| 25 Jun 2025 | Annual General Meeting | NA | 25 Jun 2025 | 938.75 | 851.85 |
| 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 | 944.25 |
Announcements
Intimation For Receipt Of Letter Of Intent6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation6 days ago
6 days agoRumour 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, 2025Provisional Operational Updates - Q1 FY26.Jul 11, 2025
Jul 11, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 09, 2025
Jul 09, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 02, 2025
Jul 02, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 28, 2025
Jun 28, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportJun 26, 2025
Jun 26, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMJun 25, 2025
Jun 25, 2025Mutual Fund Holdings
SBI Mid Cap Direct Plan-Growth 
Kotak Arbitrage Fund Direct-Growth 
Invesco India Arbitrage Fund Direct-Growth 
Aditya Birla Sun Life Conglomerate Fund Direct - Growth 
Bandhan Large & Mid Cap Fund Direct-Growth 
HDFC Arbitrage Fund Wholesale Direct-Growth 
Tata Arbitrage Fund Direct - Growth 
ICICI Prudential Equity Arbitrage Direct-Growth 
Axis Momentum Fund Direct - Growth 
Baroda BNP Paribas Arbitrage Fund Direct - Growth 
Edelweiss Arbitrage Fund Direct-Growth 
UTI Nifty Next 50 Index Fund Direct - Growth 
JioBlackRock Nifty Next 50 Index Fund Direct-Growth 
Navi Nifty Next 50 Index Fund Direct - Growth Technical Indicators
RSI(14)
Neutral 51.13
ATR(14)
Less Volatile 28.32
STOCH(9,6)
Neutral 59.29
STOCH RSI(14)
Oversold 13.98
MACD(12,26)
Bearish -3.73
ADX(14)
Strong Trend 37.34
UO(9)
Bearish 35.61
ROC(12)
Downtrend And Accelerating -1.13
WillR(14)
Neutral -71.76
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 distribution of power in India, with operations spanning transmission lines, substations, and power distribution networks. It has acquired multiple subsidiaries and transmission assets through competitive bidding processes and agreements with various entities. The company's segments include Transmission, GTD Business, Smart Metering, and Trading. As of the latest data, Adani Energy Solutions Limited owns and operates approximately 21,783 ckm of transmission lines and 61,686 MVA of transformation capacity.
Chairperson NameGautam S Adani
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