About Advait Energy Transitions Limited
Data last updated: 10 June 2026
Advait Energy Transitions Limited is a public limited company based in Daskroi, Gujarat, India. It specialises in clean energy solutions, a part of the broader environmental services sector. Incorporated on 15 March 2010, the company has been in operation for over 16 years.
Registered with ROC Ahmedabad under CIN L45201GJ2010PLC059878. Listed on BSE: 543230.
Capital: an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.94 Cr. Formerly known as Advait Infratech Private Limited. It is led by directors including Shalin Rahulkumar Sheth and Rejal Shalin Sheth.
Last AGM: 19 September 2025. Financial statements filed for year ended 31 March 2025. Office: Daskroi, Gujarat.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹714.52 Cr. The net worth stands at ₹290.95 Cr. Total assets are valued at ₹667.06 Cr.
The company has a workforce of approximately 10 employees as per the latest available data. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand - Advait Infratech. As per MCA filings, the company has open charges of ₹437.78 Cr and satisfied charges of ₹97.02 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advaitinfra.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered AddressKifs Corporate House 1St Floor Iskcon Ambli Road, Beside Hotel Planet Landmark Near Ashok Vatika, Daskroi, Gujarat, India – 380058
-
IndustryEnvironment, Clean Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Advait Energy Transitions Limited
Advait Energy Transitions Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45201GJ2010PLC059878, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45201GJ2010PLC059878 | Current |
| U45201GJ2010PLC059878 | Previous |
| U45201GJ2010PTC059878 | Previous |
Associated Brands with Advait Energy Transitions Limited
Advait Energy Transitions Limited operates one associated brand: Advait Infratech. These brands represent Advait Energy Transitions Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provider of installation and maintenance services of power grids | advaitinfra.com |
Business Activity of Advait Energy Transitions Limited
Advait Energy Transitions Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Advait Energy Transitions Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Advait Energy Transitions Limited
Advait Energy Transitions Limited is audited by V. GOSWAMI & CO (ICAI peer reviewed, certificate valid till 2028-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| V. GOSWAMI & CO (ICAI peer reviewed, certificate valid till 2028-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors and KMP of Advait Energy Transitions Limited
Advait Energy Transitions Limited currently reports 7 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shalin Rahulkumar Sheth
Also directs:
Advait Energy Transitions Limited, Advait Battery Ecosystems Private Limited, A&G Hydrogen Technologies Private Limited and 5 more
|
Managing Director | 15 Mar 2010 | 16 Years 4 Months | Current |
|
Rejal Shalin Sheth
Also directs:
Advait Energy Transitions Limited, Alethea Tradeline Private Limited, Aarush Procon Llp and 1 more
|
Whole-Time Director | 15 Mar 2010 | 16 Years 4 Months | Current |
| Bajrangprasad Naharmal Maheshwari | Director | 01 Aug 2019 | 6 Years 11 Months | Current |
|
Ramesh Kumar Agrawal
Also directs:
Advait Energy Transitions Limited, Advait Greenergy Private Limited, Century Tradeserve Limited and 2 more
|
Director | 24 Sep 2021 | 4 Years 9 Months | Current |
|
Dinesh Babulal Patel
Also directs:
Advait Energy Transitions Limited
|
Director | 07 Sep 2019 | 6 Years 10 Months | Current |
|
Narayan Singh
Also directs:
Advait Energy Transitions Limited
|
Cfo | 02 Dec 2025 | 0 Years 7 Months | Current |
Financials of Advait Energy Transitions Limited FY 2026 filings available
Advait Energy Transitions Limited reported revenue of ₹714.52 Cr for FY 2026.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹714.52 Cr |
| Other Income | ₹12.72 Cr |
| Total Income | ₹727.25 Cr |
| Cost of Materials Consumed | ₹436.04 Cr |
| Purchases of Stock-in-Trade | ₹144.35 Cr |
| Changes in Inventories | -₹3.3 Cr |
| Employee Benefit Expense | ₹16.97 Cr |
| Finance Costs | ₹15.09 Cr |
| Depreciation & Amortisation | ₹3.54 Cr |
| Other Expenses | ₹36.67 Cr |
| Total Expenses | ₹649.37 Cr |
| Profit Before Exceptional Items & Tax | ₹77.88 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹77.88 Cr |
| Total Tax Expense | ₹19.79 Cr |
| Net Profit | ₹55.07 Cr |
| attributable to Owners | ₹51.72 Cr |
| attributable to NCI | ₹3.34 Cr |
| Other Comprehensive Income | ₹91.68 Lakh |
| Total Comprehensive Income | ₹55.98 Cr |
| EBITDA (computed) | ₹96.51 Cr |
| Basic EPS | ₹47.43 |
| Diluted EPS | ₹47.36 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹667.06 Cr |
| Non-current Assets | ₹224.95 Cr |
| Current Assets | ₹442.11 Cr |
| Property, Plant & Equipment | ₹72.21 Cr |
| Inventories | ₹59.13 Cr |
| Trade Receivables | ₹147.86 Cr |
| Cash & Equivalents | ₹24.73 Cr |
| Equity (Net Worth) | ₹290.95 Cr |
| Equity Share Capital | ₹10.94 Cr |
| Borrowings (Non-current) | ₹22.6 Cr |
| Borrowings (Current) | ₹66.7 Cr |
| Total Debt (computed) | ₹89.3 Cr |
| Current Liabilities | ₹335.55 Cr |
| Total Liabilities | ₹376.11 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹9.68 Cr |
| Investing Cash Flow | -₹33.33 Cr |
| Financing Cash Flow | ₹68.51 Cr |
| Capital Expenditure | ₹112.57 Cr |
| Free Cash Flow (computed) | -₹122.26 Cr |
| Dividends Paid | ₹1.91 Cr |
| Net Change in Cash | ₹25.49 Cr |
| Metrics | Q4 FY26 | Q3 FY26 |
|---|---|---|
| Revenue from Operations | ₹228.2 Cr | ₹211.03 Cr |
| Other Income | ₹3.2 Cr | ₹4.59 Cr |
| Total Income | ₹231.4 Cr | ₹215.62 Cr |
| Cost of Materials Consumed | ₹146.18 Cr | ₹125.92 Cr |
| Purchases of Stock-in-Trade | ₹33.1 Cr | ₹47.55 Cr |
| Changes in Inventories | ₹19.45 Lakh | -₹1.02 Cr |
| Employee Benefit Expense | ₹5.34 Cr | ₹4.35 Cr |
| Finance Costs | ₹4.09 Cr | ₹4.27 Cr |
| Depreciation & Amortisation | ₹95.85 Lakh | ₹91.35 Lakh |
| Other Expenses | ₹14.6 Cr | ₹10.06 Cr |
| Total Expenses | ₹204.46 Cr | ₹192.05 Cr |
| Profit Before Exceptional Items & Tax | ₹26.93 Cr | ₹23.57 Cr |
| Exceptional Items | ₹0 | ₹0 |
| Profit Before Tax | ₹26.93 Cr | ₹23.57 Cr |
| Total Tax Expense | ₹6.98 Cr | ₹5.57 Cr |
| Net Profit | ₹19.08 Cr | ₹17.39 Cr |
| attributable to Owners | ₹17.67 Cr | ₹16.59 Cr |
| attributable to NCI | ₹1.41 Cr | ₹79.94 Lakh |
| Other Comprehensive Income | -₹85.23 Lakh | ₹21.27 Lakh |
| Total Comprehensive Income | ₹18.22 Cr | ₹17.6 Cr |
| EBITDA (computed) | ₹31.98 Cr | ₹28.75 Cr |
| Basic EPS | ₹16.15 | ₹15.19 |
| Diluted EPS | ₹16.13 | ₹15.17 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| (a) Power Transitions Divisioin (PTS) | ₹156.94 Cr | ₹25.35 Cr | ₹525.32 Cr | ₹296.56 Cr |
| (b) New & Renewable Energy Business (NRE) | ₹74.45 Cr | ₹5.68 Cr | ₹141.74 Cr | ₹79.56 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| (a) Power Transitions Divisioin (PTS) | ₹459.16 Cr | ₹79.01 Cr | - | - |
| (b) New & Renewable Energy Business (NRE) | ₹268.09 Cr | ₹13.95 Cr | - | - |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹447.69 Cr |
| Other Income | ₹9.94 Cr |
| Total Income | ₹457.63 Cr |
| Cost of Materials Consumed | ₹278.89 Cr |
| Purchases of Stock-in-Trade | ₹51.16 Cr |
| Changes in Inventories | -₹3.3 Cr |
| Employee Benefit Expense | ₹15.11 Cr |
| Finance Costs | ₹14.66 Cr |
| Depreciation & Amortisation | ₹3.49 Cr |
| Other Expenses | ₹35.18 Cr |
| Total Expenses | ₹395.18 Cr |
| Profit Before Exceptional Items & Tax | ₹62.45 Cr |
| Exceptional Items | -₹3.4 Lakh |
| Profit Before Tax | ₹62.42 Cr |
| Total Tax Expense | ₹16.17 Cr |
| Net Profit | ₹46.24 Cr |
| Other Comprehensive Income | ₹98.63 Lakh |
| Total Comprehensive Income | ₹47.23 Cr |
| EBITDA (computed) | ₹80.59 Cr |
| Basic EPS | ₹42.41 |
| Diluted EPS | ₹42.34 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹580.5 Cr |
| Non-current Assets | ₹217.79 Cr |
| Current Assets | ₹362.71 Cr |
| Property, Plant & Equipment | ₹57.26 Cr |
| Inventories | ₹19.6 Cr |
| Trade Receivables | ₹130.65 Cr |
| Cash & Equivalents | ₹21.66 Cr |
| Equity (Net Worth) | ₹261.26 Cr |
| Equity Share Capital | ₹10.94 Cr |
| Borrowings (Non-current) | ₹22.6 Cr |
| Borrowings (Current) | ₹65.78 Cr |
| Total Debt (computed) | ₹88.38 Cr |
| Current Liabilities | ₹278.72 Cr |
| Total Liabilities | ₹319.24 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹5.83 Cr |
| Investing Cash Flow | -₹59.92 Cr |
| Financing Cash Flow | ₹75.46 Cr |
| Capital Expenditure | ₹78.53 Cr |
| Free Cash Flow (computed) | -₹72.7 Cr |
| Dividends Paid | ₹1.91 Cr |
| Net Change in Cash | ₹21.37 Cr |
| Metrics | Q4 FY26 | Q3 FY26 |
|---|---|---|
| Revenue from Operations | ₹154.05 Cr | ₹124.71 Cr |
| Other Income | ₹2.77 Cr | ₹1.54 Cr |
| Total Income | ₹156.82 Cr | ₹126.26 Cr |
| Cost of Materials Consumed | ₹97.29 Cr | ₹78.67 Cr |
| Purchases of Stock-in-Trade | ₹14.8 Cr | ₹12.51 Cr |
| Changes in Inventories | ₹19.45 Lakh | -₹1.02 Cr |
| Employee Benefit Expense | ₹4.62 Cr | ₹3.86 Cr |
| Finance Costs | ₹3.98 Cr | ₹4.6 Cr |
| Depreciation & Amortisation | ₹94.36 Lakh | ₹90.09 Lakh |
| Other Expenses | ₹14.13 Cr | ₹9.59 Cr |
| Total Expenses | ₹135.95 Cr | ₹109.12 Cr |
| Profit Before Exceptional Items & Tax | ₹20.87 Cr | ₹17.13 Cr |
| Exceptional Items | -₹3.4 Lakh | ₹0 |
| Profit Before Tax | ₹20.84 Cr | ₹17.13 Cr |
| Total Tax Expense | ₹5.41 Cr | ₹4.62 Cr |
| Net Profit | ₹15.42 Cr | ₹12.51 Cr |
| Other Comprehensive Income | -₹85.78 Lakh | ₹12.49 Lakh |
| Total Comprehensive Income | ₹14.57 Cr | ₹12.63 Cr |
| EBITDA (computed) | ₹25.8 Cr | ₹22.64 Cr |
| Basic EPS | ₹14.10 | ₹11.45 |
| Diluted EPS | ₹14.08 | ₹11.44 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| (a) Power Transitions Divisioin (PTS) | ₹144.58 Cr | ₹23.86 Cr | ₹529.65 Cr | ₹268.3 Cr |
| (b) New & Renewable Energy Business (NRE) | ₹9.48 Cr | ₹99.89 Lakh | ₹50.85 Cr | ₹50.94 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| (a) Power Transitions Divisioin (PTS) | ₹430.04 Cr | ₹77.08 Cr | - | - |
| (b) New & Renewable Energy Business (NRE) | ₹17.65 Cr | ₹2.74 Lakh | - | - |
Shareholding Pattern of Advait Energy Transitions Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 66.80%, foreign institutional investors hold 0.21%, domestic institutional investors hold 0.13%, retail and other public shareholders hold 32.85% of Advait Energy Transitions Limited. The company had 33,066 shareholders on record.
| Mar 2026 | Jan 2026 | Dec 2025 | |
|---|---|---|---|
| Promoters | 66.80% | 66.04% | 66.80% |
| Public | 33.20% | 33.96% | 33.20% |
Board & Governance of Advait Energy Transitions Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Advait Energy Transitions Limited has 7 directors - 4 independent and 2 executive. The board is chaired by Dinesh Babulal Patel.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Shalin Sheth | Executive Director · MD | 2010-03-15 | 1 |
| Rejal Sheth | Executive Director | 2010-03-15 | 1 |
| Dinesh Babulal Patel | Non-Executive - Non Independent Director · Chairperson | 2019-09-07 | 1 |
| BAJRANGPRASAD MAHESHWARI | Non-Executive - Independent Director | 2019-08-01 | 1 |
| VARSHA BISWAJIT ADHIKARI | Non-Executive - Independent Director | 2023-11-09 | 5 |
| TEJPALSINGH JAGATSINGH BISHT | Non-Executive - Independent Director | 2025-08-05 | 3 |
| RAMESH KUMAR AGRAWAL | Non-Executive - Independent Director | 2021-09-24 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | BAJRANGPRASAD MAHESHWARI (Chairperson), RAMESH KUMAR AGRAWAL, Shalin Sheth, VARSHA BISWAJIT ADHIKARI |
| Nomination and remuneration committee | BAJRANGPRASAD MAHESHWARI (Chairperson), RAMESH KUMAR AGRAWAL, Dinesh Babulal Patel, VARSHA BISWAJIT ADHIKARI |
| Stakeholders Relationship Committee | Dinesh Babulal Patel (Chairperson), BAJRANGPRASAD MAHESHWARI, Rejal Sheth, VARSHA BISWAJIT ADHIKARI |
| Corporate Social Responsibility Committee | BAJRANGPRASAD MAHESHWARI (Chairperson), RAMESH KUMAR AGRAWAL, Shalin Sheth, Rejal Sheth |
Group Structure of Advait Energy Transitions Limited
Advait Energy Transitions Limited has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2025. The corporate group structure reflects Advait Energy Transitions Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| A&G Hydrogen Technologies Private Limited | U28130GJ2024PTC153823 | - |
| Advait Transmission Tools Private Limited | U28223GJ2025PTC158709 | - |
| Advait Greenergy Private Limited | U35105GJ2023PTC142584 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Advait Energy Transitions Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2025 | Others | ₹12 Cr | Open |
| 15 Oct 2025 | Others | ₹75 Cr | Open |
| 29 Sep 2025 | Others | ₹1.3 Cr | Open |
| 04 Sep 2025 | Others | ₹42 Cr | Open |
| 03 Sep 2025 | Others | ₹4.5 Cr | Open |
Total charge records: 32 View all charges
Employees and EPFO Compliance at Advait Energy Transitions Limited
Advait Energy Transitions Limited has a workforce of 10 employees as of Sep 25, 2025.
Employee and EPFO history for Advait Energy Transitions Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Advait Energy Transitions Limited
GST registrations and filing compliance for Advait Energy Transitions Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Advait Energy Transitions Limited
Credit ratings, litigation, and regulatory alerts for Advait Energy Transitions Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Advait Energy Transitions Limited
MSME payment history for Advait Energy Transitions Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Advait Energy Transitions Limited
Corporate group structure for Advait Energy Transitions Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Advait Energy Transitions Limited
MCA filings and documents for Advait Energy Transitions Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Advait Energy Transitions Limited
Recent News on Advait Energy Transitions Limited
Frequently Asked Questions about Advait Energy Transitions Limited
Advait Energy Transitions Limited is an active public limited company in the environment sector based in Daskroi, Gujarat, India. It was incorporated on 15 March 2010 (16+ years old) and is registered under CIN L45201GJ2010PLC059878. Listed on BSE: 543230. The company has 10 employees.
Advait Energy Transitions Limited reported revenue of ₹714.52 Cr for FY 2026 based on consolidated NSE filings.
The current directors and KMP of Advait Energy Transitions Limited are:
- Shalin Rahulkumar Sheth - Managing Director
- Rejal Shalin Sheth - Whole-Time Director
- Bajrangprasad Naharmal Maheshwari - Director
- Ramesh Kumar Agrawal - Director
- Dinesh Babulal Patel - Director
- Narayan Singh - Cfo
- Tejpalsingh Jagatsingh Bisht - Director
- Varsha Biswajit Adhikari - Director
The primary industry of Advait Energy Transitions Limited is environment. The company specifically operates in clean energy solutions. The company is currently active in this sector.
Yes. Advait Energy Transitions Limited is listed on BSE with code 543230.
Advait Energy Transitions Limited can be reached at the registered office: Kifs Corporate House 1St Floor Iskcon Ambli Road, Beside Hotel Planet Landmark Near Ashok Vatika, Daskroi, Gujarat, India – 380058, or through the website advaitinfra.com.