Adani Energy Solutions Limited

BSE: 539254 NSE: ADANIENSOL
Adani Energy Solutions Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L40300GJ2013PLC077803 Incorporated 09 December 2013 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: ADANIENSOL · BSE: 539254 Public Limited Company energy and power Fortune India 500 · #114 India's Most Valuable · #37 Nifty 500
Data last updated
Market Cap
₹1,72,926 Cr
ADANIENSOL · NSE
Share Price
₹1,446.70
+2.31% today
Revenue
₹27,588 Cr
FY 2025-26 · +16.1% YoY
EBITDA
₹7,989 Cr
Margin 29.0%
Net Profit
₹2,240 Cr
FY 2025-26 · -2.2% YoY
P/E (TTM)
45.2x
P/B 5.4x
ROE
10.1%
ROCE 9.5%
Debt / Equity
1.88
Interest cover 60.4x

About Adani Energy Solutions Limited

Data last updated:

Adani Energy Solutions Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 09 December 2013 and has been in existence for over 13 years.

Adani Energy Solutions is ranked #114 on the Fortune India 500 (2025) and #37 among India's most valuable companies (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Gautam Adani and family are #1 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L40300GJ2013PLC077803. Its GSTIN is 24AAMCA4360Q1Z8 (Gujarat). The company holds 11 GST registrations, of which 10 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 539254 and NSE: ADANIENSOL.

The company has an authorised share capital of ₹1,500 Cr and a paid-up capital of ₹1,222.95 Cr. It is led by directors including Anil Kumar Sardana (Managing Director) and Kandarp Suryakant Patel (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹27,588 Cr, a growth of 16.1% compared to the previous year. For the same year it recorded a net profit of ₹2,239.8 Cr (net margin 8.1%) and EBITDA of ₹7,988.84 Cr (EBITDA margin 29%). The net worth stands at ₹25,428 Cr (up 15.2% YoY). Total assets are valued at ₹78,447 Cr (up 20.4% YoY).

The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 61 subsidiaries.

The company is associated with 2 brands: Adani Energy Solutions and Adani Group. As per MCA filings, the company has open charges of ₹97,732 Cr and satisfied charges of ₹65,748 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 32 deals on record (28 market trades, 2 funding rounds, 1 qip), with disclosed funding of ₹5,214.95 Cr; the latest was in June 2026. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 187 overdue payments to 53 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adani.com.

Company details

CIN L40300GJ2013PLC077803
Registration Number 077803
Incorporation Date 09 December 2013
ROC Ahmedabad
Listing Status Listed - Listed on NSE (ADANIENSOL); Listed on BSE (539254)
Company Status Active
Date of Last AGM 25 June 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Adani Energy Solutions has one previous CIN (Corporate Identification Number): U40300GJ2013PLC077803. The current CIN is L40300GJ2013PLC077803, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L40300GJ2013PLC077803Current
U40300GJ2013PLC077803Previous
Key People
Anil Kumar Sardana Managing Director Kandarp Suryakant Patel Whole-Time Director Lisa Caroline Maccallum Director

Recognitions & Rankings of Adani Energy Solutions

Fortune India 500 2025 edition
Rank#114
Total income
₹24,447 Cr
Profit
₹1,060 Cr
Last year #147
India's Most Valuable Companies 2025 edition · Source: Hurun India
Rank#37
Valuation
₹1,61,250 Cr
2024 #70 2023 #48 2022 #12
India's Richest People 2026 edition · 1 director · Source: Hurun India
Stock market indices
Nifty 500 BSE 500

Contact details

Adani Energy Solutions Limited's registered office is in Ahmedabad, Gujarat. Its website is adani.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    adani.com
  • Social Media
  • Registered Address
    Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
  • Industry
    Energy and Power, Power Transmission & Distribution Services

To see the full contact details of Adani Energy Solutions Limited, buy the company report.

Comprehensive company report
Adani Energy Solutions Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Adani Energy Solutions operates two associated brands: Adani Energy Solutions and Adani Group. Each brand links to its own profile.

BrandDescriptionWebsite
Adani Energy Solutions
Power transmission operations are conducted across Indian regions.adanienergysolutions.com
Adani Group
Diversified operations are conducted across multiple industries worldwide.adani.com

Business activity

The main business activities of Adani Energy Solutions are electricity, gas, steam and air conditioning supply and trade. In detail, this covers electricity, gas, steam and air conditioning supply and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air conditioning supply35Electricity, gas, steam and air conditioning supply
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Adani Energy Solutions Limited, buy the company report.

Financials of Adani Energy Solutions Limited

FY 2025-26 filings available

Adani Energy Solutions Limited reported revenue of ₹27,588 Cr (up 16.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹27,588 Cr
+16.1% YoY
EBITDA
₹7,989 Cr
+43.7% YoY
Profit After Tax
₹2,240 Cr
-2.2% YoY
Net Worth
₹25,428 Cr
+15.2% YoY
Total Assets
₹78,447 Cr
+20.4% YoY
Total Debt
₹49,176 Cr
+23.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue27,58823,76716,60713,29311,2589,92611,416
Revenue growth+16.1%+43.1%+24.9%+18.1%+13.4%-13.1%-
EBITDA7,9895,5605,7114,5184,2063,9504,254
EBITDA margin+29.0%+23.4%+34.4%+34.0%+37.4%+39.8%+37.3%
Profit before tax3,1151,0751,7801,7121,7001,6201,107
Net profit2,2402,2901,0431,2561,2051,224745
Net profit margin+8.1%+9.6%+6.3%+9.5%+10.7%+12.3%+6.5%
EPS (₹)19.008.8210.2011.2610.9511.136.74
Balance sheet
Total assets78,44765,16752,42848,37842,45538,82735,314
Net worth25,42822,06812,64211,7499,9138,9198,499
Total debt49,17639,92637,07034,27029,90227,09524,246
Cash & bank3,9473,6192,2281,7041,3931,2902,297
Net working capital3,6924,2573,1061,7574621,1654,699
Cash flow
Cash from operations10,9979,0456,0383,7774,0973,7845,437
Cash from investing(14,083)(15,222)(4,943)(4,699)(3,936)(4,009)(5,643)
Cash from financing2,6307,626(543)923(235)(745)1,250
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10,0769,7117,4436,7306,5966,8196,3755,830
Revenue growth (YoY)+52.8%+42.4%+16.8%+15.4%+6.7%+26.8%--
Other income447170227215171206222170
EBITDA3,1013,0082,1451,9951,9551,8112,0401,661
EBITDA margin+30.8%+31.0%+28.8%+29.7%+29.6%+26.6%+32.0%+28.5%
Depreciation601585508496509465462462
Interest1,1801,152954913872894826809
Profit before tax1,7671,441910801746658974559
Tax403204187227189119260(65.93)
Net profit1,3641,237723574557539714625
EPS (₹)11.019.575.694.604.444.275.504.85
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,3831,9381,517688740755858
Revenue growth+74.6%+27.7%+120.6%-7.0%-2.0%-12.0%-
EBITDA21948.5912.98(28.27)(2.25)(10.11)(22.80)
EBITDA margin+6.5%+2.5%+0.9%-4.1%-0.3%-1.3%-2.7%
Profit before tax631627659170(64.61)(21.21)5.54
Net profit571583595170(64.61)(21.21)(49.20)
Net profit margin+16.9%+30.1%+39.2%+24.8%-8.7%-2.8%-5.7%
EPS (₹)4.755.145.331.53(0.59)(0.19)0.05
Balance sheet
Total assets32,17227,31416,10812,92912,52611,95112,667
Net worth20,91719,69910,92210,3273,9774,0874,810
Total debt11,0377,5535,1662,6028,5497,8647,856
Cash & bank1,3661,09666181738918.061,176
Net working capital2,1131,7181,4021,3451,0982772,269
Cash flow
Cash from operations442(606)(209)(15.28)2.84(22.00)(17.35)
Cash from investing(3,695)(9,164)(2,001)(1,665)2401911,971
Cash from financing2,82810,2382,2101,681(248)(961)(1,184)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue7689191,2526406658251,007349
Revenue growth (YoY)+15.6%+11.3%+24.3%+83.7%+42.0%+624.8%--
Other income320285351296306287333310
Total expenses7328621,143584634803992358
EBITDA35.7656.3110956.7530.3922.6915.20(9.12)
EBITDA margin+4.7%+6.1%+8.7%+8.9%+4.6%+2.7%+1.5%-2.6%
Depreciation0.320.320.320.310.320.280.260.15
Interest290277252217198160142136
Profit before tax65.7963.79208135139150207164
Tax8.5014.698.5920.8537.23(6.43)8.850.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 05 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10,0769,7117,4436,7306,5966,8196,3755,830
Revenue growth (YoY)+52.8%+42.4%+16.8%+15.4%+6.7%+26.8%--
Other income447170227215171206222170
EBITDA3,1013,0082,1451,9951,9551,8112,0401,661
EBITDA margin+30.8%+31.0%+28.8%+29.7%+29.6%+26.6%+32.0%+28.5%
Depreciation601585508496509465462462
Interest1,1801,152954913872894826809
Profit before tax1,7671,441910801746658974559
Tax403204187227189119260(65.93)
Net profit1,3641,237723574557539714625
EPS (₹)11.019.575.694.604.444.275.504.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue27,58823,76716,60713,29311,2589,92611,416
Revenue growth+16.1%+43.1%+24.9%+18.1%+13.4%-13.1%-
Other income7376796111,5831,2861,115265
Total expenses19,59918,20710,8968,7757,0515,9767,162
Employee cost1,0931,033952987885931973
EBITDA7,9895,5605,7114,5184,2063,9504,254
EBITDA margin+29.0%+23.4%+34.4%+34.0%+37.4%+39.8%+37.3%
Depreciation1,9781,9061,7761,6081,4271,3291,174
Interest3,6333,2592,7672,7812,3652,1172,238
Profit before tax3,1151,0751,7801,7121,7001,6201,107
Tax722153584431465330400
Net profit2,2402,2901,0431,2561,2051,224745
Net profit margin+8.1%+9.6%+6.3%+9.5%+10.7%+12.3%+6.5%
EPS (₹)19.008.8210.2011.2610.9511.136.74
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital1,2011,2011,1151,1151,1001,1001,100
Reserves & surplus24,22620,86711,52610,6345,7574,9904,120
Shareholders' funds (net worth)25,42822,06812,64211,7499,9138,9198,499
Minority interest1,0989431,0621,1271,0941,1041,062
Secured loans45,83337,54833,15831,43128,80925,08724,180
Unsecured loans3,3442,3783,9122,8391,0932,00865.71
Total debt49,17639,92637,07034,27029,90227,09524,246
Total liabilities78,44765,16752,42848,37842,45538,82735,314
Assets
Gross block59,70050,50448,78140,73336,76932,07228,685
Net block46,80439,55538,92032,64530,27226,98724,924
Capital work in progress2,0545,7023,0036,2005,0605,2552,212
Investments2,6442,6387661,370561442313
Inventories669625255152250234541
Sundry debtors5,7344,2183,7451,4381,0711,0141,000
Cash & bank balances3,9473,6192,2281,7041,3931,2902,297
Loans & advances5,2392,8351,3762,5931,3441,8484,287
Total current assets15,58911,2977,6045,8864,0574,3858,125
Total current liabilities11,8987,0404,4984,1293,5953,2203,426
Net working capital3,6924,2573,1061,7574621,1654,699
Total assets78,44765,16752,42848,37842,45538,82735,314
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2,1907421911892641,233188
Net cash from operating activities10,9979,0456,0383,7774,0973,7845,437
Net cash from investing activities(14,083)(15,222)(4,943)(4,699)(3,936)(4,009)(5,643)
Net cash from financing activities2,6307,626(543)923(235)(745)1,250
Net change in cash(456)1,4485511.59(74.63)(969)1,045
Closing cash3,9473,6192,2281,7041,3931,2902,297
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+16.1%+43.1%+24.9%+18.1%+13.4%-13.1%-
EBITDA growth+43.7%-2.6%+26.4%+7.4%+6.5%-7.1%-
PBT growth+189.8%-39.6%+4.0%+0.7%+5.0%+46.4%+31.7%
Net income growth-2.2%+119.5%-17.0%+4.3%-1.6%+64.4%-
Revenue CAGR (3Y)+27.6%+28.3%+18.7%+5.2%+15.5%+36.0%+58.3%
EBITDA CAGR (3Y)+20.9%+9.8%+13.1%+2.0%+15.1%+11.8%+29.0%
Profitability & leverage
Net income margin+8.7%+3.9%+7.2%+9.6%+11.0%+13.0%+6.2%
Return on capital employed+9.5%+10.1%+9.2%+10.1%+10.3%+10.4%+10.5%
Return on net worth+10.1%+12.4%+9.8%+11.8%+13.1%+14.8%+8.5%
Debt / equity1.882.222.922.963.032.952.68
Long-term debt / equity1.742.042.662.732.752.652.33
Interest cover60.4489.1870.3095.5985.1080.7672.68
Efficiency & per share
Fixed asset turnover0.500.480.370.340.330.330.41
Inventory turnover42.6253.9881.5766.1346.5425.6225.16
Debtors turnover5.545.976.4110.6010.809.8613.26
EPS (₹)19.008.8210.2011.2610.9511.136.74
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)208.05180.33109.91102.1159.3052.7845.27
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue7689191,2526406658251,007349
Revenue growth (YoY)+15.6%+11.3%+24.3%+83.7%+42.0%+624.8%--
Other income320285351296306287333310
Total expenses7328621,143584634803992358
EBITDA35.7656.3110956.7530.3922.6915.20(9.12)
EBITDA margin+4.7%+6.1%+8.7%+8.9%+4.6%+2.7%+1.5%-2.6%
Depreciation0.320.320.320.310.320.280.260.15
Interest290277252217198160142136
Profit before tax65.7963.79208135139150207164
Tax8.5014.698.5920.8537.23(6.43)8.850.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,3831,9381,517688740755858
Revenue growth+74.6%+27.7%+120.6%-7.0%-2.0%-12.0%-
Other income1,2401,109995615701679796
Total expenses3,1641,8891,504716742765881
Employee cost6.116.862.051.181.573.803.27
EBITDA21948.5912.98(28.27)(2.25)(10.11)(22.80)
EBITDA margin+6.5%+2.5%+0.9%-4.1%-0.3%-1.3%-2.7%
Depreciation1.230.600.340.150.260.290.30
Interest826530348416763690767
Profit before tax631627659170(64.61)(21.21)5.54
Tax60.248.8564.430.010.000.000.00
Net profit571583595170(64.61)(21.21)(49.20)
Net profit margin+16.9%+30.1%+39.2%+24.8%-8.7%-2.8%-5.7%
EPS (₹)4.755.145.331.53(0.59)(0.19)0.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital1,2011,2011,1151,1151,1001,1001,100
Reserves & surplus19,71618,4979,8069,211(254)157431
Shareholders' funds (net worth)20,91719,69910,92210,3273,9774,0874,810
Secured loans1,0206889477618,0697,4807,856
Unsecured loans10,0166,8644,2191,8414803840.00
Total debt11,0377,5535,1662,6028,5497,8647,856
Total liabilities32,17227,31416,10812,92912,52611,95112,667
Assets
Gross block13.4512.1110.121.211.731.821.82
Net block10.069.968.580.490.680.951.24
Capital work in progress34.6529.614.277.520.420.000.00
Investments15,39413,2079,0306,7216,6816,2035,984
Inventories26.7128.009.910.000.000.000.00
Sundry debtors2,5981,0372272.250.010.0896.68
Cash & bank balances1,3661,09666181738918.061,176
Loans & advances1,5568077915648504921,264
Total current assets5,5472,9681,6891,3831,2385112,537
Total current liabilities3,4341,25028737.78141234267
Net working capital2,1131,7181,4021,3451,0982772,269
Total assets32,17227,31416,10812,92912,52611,95112,667
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4702.362.642.158.0280131.22
Net cash from operating activities442(606)(209)(15.28)2.84(22.00)(17.35)
Net cash from investing activities(3,695)(9,164)(2,001)(1,665)2401911,971
Net cash from financing activities2,82810,2382,2101,681(248)(961)(1,184)
Net change in cash(425)468(0.28)0.49(5.87)(793)770
Closing cash1,3661,09666181738918.061,176
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+74.6%+27.7%+120.6%-7.0%-2.0%-12.0%-
EBITDA growth+350.2%+274.4%+145.9%-1156.4%+77.7%+55.7%-
PBT growth+0.8%-5.0%+287.2%+9998.0%-204.6%--89.7%
Net income growth-2.1%-2.0%+249.4%+363.6%-204.6%+56.9%-
Revenue CAGR (3Y)+70.1%+37.9%+26.2%-7.1%-3.9%-3.3%+1.9%
EBITDA CAGR (3Y)---+7.4%-41.1%+23.1%-
Profitability & leverage
Net income margin+16.9%+31.9%+39.2%+24.8%-8.7%-2.8%+0.7%
Return on capital employed+4.9%+5.3%+6.5%+4.4%0.0%0.0%+5.5%
Return on net worth+2.8%+4.0%+5.2%+2.2%0.0%0.0%-0.9%
Debt / equity0.460.420.370.782.041.771.51
Long-term debt / equity0.010.020.030.531.781.601.26
Interest cover379.871,104.292,751.90-1,464.04-30,396.81-6,636.92-3,321.17
Efficiency & per share
Fixed asset turnover264.70174.34267.85468.03416.79414.96527.87
Inventory turnover123.67102.23306.230.000.000.001,009.16
Debtors turnover1.863.0713.21608.8516,440.2215.6116.12
EPS (₹)4.755.145.331.53(0.59)(0.19)0.05
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)174.12163.9897.9192.587.6911.4313.92

To see the full year-wise statements and ratios of Adani Energy Solutions Limited, buy the company report.

Board of directors of Adani Energy Solutions Limited

Adani Energy Solutions has 8 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kandarp Suryakant Patel
Also directs: Adani Electricity Mumbai Infra Limited, Aeml Seepz Limited, Adani Electricity Mumbai Limited and 2 more
Whole-Time Director25 Jun 20251 Years 4 MonthsCurrent
Anil Kumar Sardana
Also directs: Adani Power Limited, Adani Energy Solutions Step-Twelve Limited, Adani Electricity Navi Mumbai Limited and 5 more
Managing Director10 May 20188 Years 5 MonthsCurrent
Lisa Caroline Maccallum
Also directs: Adani Transmission (India) Limited, Maharashtra Eastern Grid Power Transmission Company Limited
Director30 Nov 20214 Years 11 MonthsCurrent
Rajesh Shantilal Adani
Also directs: Adani Power Limited, Adani Green Energy Limited, Adani Enterprises Limited and 5 more
Director17 Jun 201511 Years 4 MonthsCurrent
Gautam Shantilal Adani
Also directs: Ambuja Cements Limited, Adani Power Limited, Adani Total Gas Limited and 5 more
Director17 Jun 201511 Years 4 MonthsCurrent
Anil Ahuja SatyaDirector29 Nov 20250 Years 11 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Adani Energy Solutions Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Walker Chandiok & Co LLPFY 2025001076N/N500013

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.70%, foreign institutional investors hold 10.10%, domestic institutional investors hold 11.80% and retail and other public shareholders hold 3.40%.

Promoters: 74.70%DII (Domestic Institutional): 11.80%FII (Foreign Institutional): 10.10%Retail & Others: 3.40%
Sep 2026
QUARTER
74.70% Promoters
11.80% DII (Domestic Institutional)
10.10% FII (Foreign Institutional)
3.40% Retail & Others
Promoter holding - history
Now 74.70% · Sep 2026High 74.70% · Sep 2026Low 71.20% · Dec 2025
70%71.5%73%74.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 71.20%Mar 2026: 71.20%Jun 2026: 72.70%Sep 2026: 74.70%71.20%74.70%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.70%72.70%71.20%71.20%
Public25.30%27.30%28.80%28.80%

Charges & borrowings

Open charges
₹97,732 Cr
Satisfied charges
₹65,748 Cr
Breakdown by lending institutions
Others₹68,714.14 Cr
Sbicap Trustee Company Limited₹26,855.31 Cr
Axis Bank Limited₹750.00 Cr
Yes Bank Limited₹750.00 Cr
Hdfc Bank Limited₹400.00 Cr
Others₹263.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jul 2026101355558Others₹104.88 CrOpen
13 Jul 2026101355559Others₹932.88 CrOpen
13 Jul 2026101355573Others₹49.68 CrOpen
13 Jul 2026101355589Others₹74.52 CrOpen
13 Jul 2026101355570Others₹49.68 CrOpen

To see the full charge records of Adani Energy Solutions Limited, buy the company report.

Total charge records: 135 View all charges

Deals & funding

Adani Energy Solutions Limited has 32 deals on record (28 market trades, 2 funding rounds, 1 qip), with disclosed funding of ₹5,214.95 Cr; the latest was in June 2026.

Total deals
32
Market trades
28
Funding rounds
2
QIP
1
Debt financing
1
Disclosed funding
₹5,214.95 Cr

Deals on record (5 of 32)

WhenDealAmountParties
Jun 2026Market trade₹957.93 CrBuyer: Sbi Mutual Fund
Seller: Gqg Partners Emerging Markets Equity Fund
May 2026Market trade₹643.52 CrBuyer: Birla Mutual Fund
Seller: Qatar Holding Llc
Nov 2025Market trade₹551.09 CrBuyer: Gqg Partners International Equity Cit, Gqg Partners Emerging Markets Equity Cit
Seller: Reliance Trust Institutional Retirement Trust Series Eleven, Reliance Trust Institutional Retirement Trust Series Twelve
Aug 2024Debt financing₹275 CrInvestors: Darashaw & Company Private Limited , Tipsons Consultancy Services Private Limited , SK Finance Limited
Feb 2015Funding round₹1,089.95 CrInvestors: Adani Enterprises Limited

To see the full deal history of Adani Energy Solutions Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Adani Energy Solutions Limited was last rated by Brickwork on 21 Apr 2022.

Rating agencyRated onRating
Brickwork21 Apr 2022

To see the full credit ratings and regulatory alerts of Adani Energy Solutions Limited, buy the company report.

MSME payment delays

Adani Energy Solutions Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 187 overdue payments to 53 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 53)

SupplierAmount dueDue sinceReported on
Bdo India LLP
an individual supplier
an individual supplier
R.Subramanian and Company LLP
an individual supplier

To see the full MSME payment records of Adani Energy Solutions Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Adani Energy Solutions has 61 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

61
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Adani Energy Solutions Step-Twelve LimitedU27104GJ2024PLC148049
Adani Energy Solutions Step-Thirteen LimitedU27104GJ2024PLC148633
Best Smart Metering LimitedU29307GJ2022PLC137776
Sunrays Infra Space Two LimitedU35100GJ2023PLC146935
Arasan Infra Two LimitedU35100GJ2023PLC147017
Adani Electricity Aurangabad LimitedU35107GJ2023PLC139233

To see the full group structure of Adani Energy Solutions Limited, buy the company report.

Employees & EPFO

Adani Energy Solutions Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1
Employee growth
66.67%

GST

Adani Energy Solutions has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
10
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAMCA4360Q1Z8GujaratActive01 Jul 2017
24AAMCA4360Q2Z7GujaratActive16 Sep 2023
06AAMCA4360Q1Z6HaryanaActive01 Jul 2017
08AAMCA4360Q1Z2RajasthanActive01 Jul 2017

To see the full GST registrations and return filing status of Adani Energy Solutions Limited, buy the company report.

Recent activity

Adani Energy Solutions Limited has 39 board changes on record since 2013: 24 appointments and 15 cessations. The latest: Anil Ahuja Satya was appointed as Director on 29 Nov 2025.

Charges
A charge with Others of Rs. 181.00 Cr registered on 18 Mar 2026 with Charge ID 101263101 was modified on 24 Aug 2026.
Charges
A charge with Others of Rs. 2,391.00 Cr registered on 18 Mar 2026 with Charge ID 101263107 was modified on 24 Aug 2026.
Charges
A charge with Others of Rs. 109.00 Cr registered on 18 Mar 2026 with Charge ID 101263116 was modified on 24 Aug 2026.
Charges
A charge with Central Madhya Pradesh Gramin Bank of Rs. 263.00 Cr registered on 18 Mar 2026 with Charge ID 101263121 was modified on 24 Aug 2026.
Charges
A charge with Others of Rs. 1,164.00 Cr registered on 18 Mar 2026 with Charge ID 101267039 was modified on 24 Aug 2026.
Charges
A charge with Others amounted to Rs. 104.88 Cr with Charge ID 101355558 was registered on 13 Jul 2026.
Charges
A charge with Others amounted to Rs. 932.88 Cr with Charge ID 101355559 was registered on 13 Jul 2026.
Charges
A charge with Others amounted to Rs. 49.68 Cr with Charge ID 101355573 was registered on 13 Jul 2026.
Charges
A charge with Others amounted to Rs. 74.52 Cr with Charge ID 101355589 was registered on 13 Jul 2026.
Charges
A charge with Others amounted to Rs. 49.68 Cr with Charge ID 101355570 was registered on 13 Jul 2026.
Charges
A charge with Others amounted to Rs. 44.16 Cr with Charge ID 101355577 was registered on 13 Jul 2026.
Charges
A charge with Others amounted to Rs. 124.20 Cr with Charge ID 101355595 was registered on 13 Jul 2026.

271 earlier events are in the company report.

News

Adani Energy: Expects Transmission Capitalization Of ₹8,000–9,000 Crore In FY27 And Approximately ₹10,000 Crore In FY28, Growing After HVDC Commissioning.
23 Oct 2026 · Exchange Update
ADANIENSOL: Q2 CONS NET PROFIT 13.2B RUPEES VS 5.34B (YOY); EST 10.8B
22 Oct 2026 · Exchange Update
ADANIENSOL: Q2 EBITDA 31B RUPEES VS 22.89B (YOY); Q2 EBITDA MARGIN 30.77% VS 34.70% (YOY)
22 Oct 2026 · Exchange Update
ADANIENSOL: Q2 REVENUE 101B RUPEES VS 65.96B (YOY)
22 Oct 2026 · Exchange Update
Adani Energy: Co Has Ongoing Transmission Projects Worth Rs 87,000 Cr, And A Smart Meter Order Book Of 24.6 Million Meters That Could Earn Rs 29,519 Cr.
22 Oct 2026 · Exchange Update
Adani Energy Solutions: To Review Q2 Results On October 22
05 Oct 2026 · Exchange Update

Frequently asked questions

Adani Energy Solutions is an active public limited company based in Ahmedabad, Gujarat, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 09 December 2013 (13+ years old) and is registered under CIN L40300GJ2013PLC077803. Listed on BSE: 539254 and NSE: ADANIENSOL.

Adani Energy Solutions reported revenue of ₹27,588 Cr for FY 2025-26 (up 16.1% YoY) based on consolidated financials.

Adani Energy Solutions has 8 current directors:

The latest financial statements of Adani Energy Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 June 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Adani Energy Solutions is 24AAMCA4360Q1Z8, registered in Gujarat. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAMCA4360Q2Z7 (Gujarat), 06AAMCA4360Q1Z6 (Haryana), 08AAMCA4360Q1Z2 (Rajasthan).

The CIN (Corporate Identification Number) of Adani Energy Solutions is L40300GJ2013PLC077803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Adani Energy Solutions is a listed company as per MCA records. Its shares are listed on both BSE (code: 539254) and NSE (symbol: ADANIENSOL).

Adani Energy Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.

Adani Energy Solutions was incorporated on 09 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Adani Energy Solutions has 32 deals on record (28 market trades, 2 funding rounds, 1 qip), with disclosed funding of ₹5,214.95 Cr; the latest was in June 2026.

Anil Ahuja Satya was appointed as Director on 29 Nov 2025. Amiya Chandra ceased to be Director on 02 Jul 2025. Kalaikuruchi Jairaj ceased to be Director on 30 Jun 2025. Adani Energy Solutions has 39 board changes on record in total.