- Total income
- ₹24,447 Cr
- Profit
- ₹1,060 Cr

Adani Energy Solutions
About Adani Energy Solutions
Adani Energy Solutions is a publicly listed company based in Ahmedabad (India) founded in 2013 by Gautam Adani. Power transmission operations are conducted across Indian regions. The company has 626 employees. Adani Energy Solutions has completed 6 acquisitions, including Essar Transco, IntelliSmart and Jamnagar Transmission. Its website adanienergysolutions.com draws about 21 thousand monthly visits. Its Indian entity Adani Energy Solutions Limited reported revenue of ₹28,325 Cr. Adani Energy Solutions offers products and services including Power Transmission and Power Distribution. Its focus areas include Energy and Transmission System Operators (TSO).
Company details
Adani Energy Solutions Limited was established in 2013 in Ahmedabad, India, as a private sector entity in the power transmission industry. Operations span multiple regions within the country, where electricity is transmitted through extensive infrastructure networks. Services focus on maintaining grid reliability and supporting energy distribution. The company is headquartered in Ahmedabad and led by founder Gautam Adani.
Adani Energy Solutions is ranked #114 on the Fortune India 500 (2025) and #37 among India's most valuable companies (2025).
Recognitions & Rankings of Adani Energy Solutions
- Valuation
- ₹1,61,250 Cr
- Market Cap₹1,75,384 Cr
ADANIENSOL · NSE
- Share Price₹1,438.50
+0.31% 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)46.7x
P/B 5.5x
- ROE10.1%
ROCE 9.5%
- Debt / Equity1.88
Interest cover 60.4x
- Latest Funding Round$1B (USD), Post-IPO
Jul 2024
- InvestorsBandhan Mutual Fund
& 3 more
- Employee Count626
- Investments & AcquisitionsEssar Transco
& 5 more
Associated legal entities of Adani Energy Solutions
Adani Energy Solutions operates through Adani Energy Solutions Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Adani Energy Solutions Limited Listed CIN L40300GJ2013PLC077803 | Active | 09 Dec 2013 | Ahmedabad, Gujarat | ₹28,325 Cr | 5 | 11 | View details |
Products & Services of Adani Energy Solutions
Adani Energy Solutions offers a comprehensive portfolio of products and services, including Power Transmission and Power Distribution.
Power transmission is handled through extensive networks of high-voltage lines and substations across India
Power distribution is managed to serve customers in various regions, integrating with generation and transmission systems
Apps and channels of Adani Energy Solutions
its YouTube channel Adani Group has 132K subscribers and 30 videos.
Videos from Adani Energy Solutions
The most watched videos on Adani Energy Solutions's YouTube channel, Adani Group (132K subscribers). Click a video to play it here.
More on Adani Group.
Funding Insights of Adani Energy Solutions
- Total Rounds 1
- Last Round Post-IPO — $1B
- First Round $1B
(Jul 2024)
- Investors Count 4
All 1 funding rounds of Adani Energy Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
4 investors in total: 4 institutional.
Investors in Adani Energy Solutions
Adani Energy Solutions has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Bandhan Mutual Fund, Nomura and GQG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global and emerging market equities are managed for institutional clients. | 2016 | gqg.com | Fort Lauderdale, United States | |
Long-term value is created through diversified sovereign wealth investments. | adia.ae | Abu Dhabi, United Arab Emirates | ||
Online platform for investing in mutual funds | 2000 | bandhanmutual.com | Mumbai, India | |
Diversified asset management services are offered globally by the firm. | 1925 | nomura.com | Chuo City, Japan |
Investor details for Adani Energy Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Adani Energy Solutions Limited (Adani Energy Solutions)
Adani Energy Solutions Limited is the primary company behind Adani Energy Solutions. The board of Adani Energy Solutions Limited currently have 8 directors; the longest-serving is Rajesh Shantilal Adani, appointed in 2015. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Shantilal Adani DIN 00006322 | Director | 17 Jun 2015 | 11 yrs 4 mo | Adani Energy Solutions Limited |
| Gautam Shantilal Adani DIN 00006273 | Director | 17 Jun 2015 | 11 yrs 4 mo | Adani Energy Solutions Limited |
| Anil Kumar Sardana DIN 00006867 | Managing Director | 10 May 2018 | 8 yrs 6 mo | Adani Energy Solutions Limited |
| Lisa Caroline Maccallum DIN 09064230 | Director | 30 Nov 2021 | 4 yrs 11 mo | Adani Energy Solutions Limited |
| Chandra Iyengar DIN 02821294 | Director | 31 May 2025 | 1 yr 5 mo | Adani Energy Solutions Limited |
| Hemant Madhusudan Nerurkar DIN 00265887 | Director | 31 May 2025 | 1 yr 5 mo | Adani Energy Solutions Limited |
| Kandarp Suryakant Patel DIN 02947643 | Whole-time director | 25 Jun 2025 | 1 yr 4 mo | Adani Energy Solutions Limited |
| Anil Ahuja Satya DIN 00759440 | Director | 29 Nov 2025 | 11 mo | Adani Energy Solutions Limited |
People of Adani Energy Solutions
1 people are tracked at Adani Energy Solutions (1 in leadership); the tracked headcount is 626.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Adani Energy Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Adani Energy Solutions
Adani Energy Solutions is a publicly listed company on the NSE with ticker symbol ADANIENSOL in India, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Aug 2023
- Listed onNSE: ADANIENSOL
- Listed entityAdani Energy Solutions Ltd
- Exchange sectorUtilities
- ISININE931S01010
- Share price₹1,364.00 (+5.17% on the day) · 2026-10-14
- Market capitalisation₹158,739 Cr
- Price to earnings56.1
- EPS (diluted, trailing year)₹24.30
- Volume (last session)3,890,386
Financials of Adani Energy Solutions
Exchange-reported figures of Adani Energy Solutions Limited, the listed company behind Adani Energy Solutions (NSE: ADANIENSOL).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 27,588 | 23,767 | 16,607 | 13,293 | 11,258 | 9,926 | 11,416 |
| Revenue growth | +16.1% | +43.1% | +24.9% | +18.1% | +13.4% | -13.1% | - |
| EBITDA | 7,989 | 5,560 | 5,711 | 4,518 | 4,206 | 3,950 | 4,254 |
| EBITDA margin | +29.0% | +23.4% | +34.4% | +34.0% | +37.4% | +39.8% | +37.3% |
| Profit before tax | 3,115 | 1,075 | 1,780 | 1,712 | 1,700 | 1,620 | 1,107 |
| Net profit | 2,240 | 2,290 | 1,043 | 1,256 | 1,205 | 1,224 | 745 |
| Net profit margin | +8.1% | +9.6% | +6.3% | +9.5% | +10.7% | +12.3% | +6.5% |
| EPS (₹) | 19.00 | 8.82 | 10.20 | 11.26 | 10.95 | 11.13 | 6.74 |
| Balance sheet | |||||||
| Total assets | 78,447 | 65,167 | 52,428 | 48,378 | 42,455 | 38,827 | 35,314 |
| Net worth | 25,428 | 22,068 | 12,642 | 11,749 | 9,913 | 8,919 | 8,499 |
| Total debt | 49,176 | 39,926 | 37,070 | 34,270 | 29,902 | 27,095 | 24,246 |
| Cash & bank | 3,947 | 3,619 | 2,228 | 1,704 | 1,393 | 1,290 | 2,297 |
| Net working capital | 3,692 | 4,257 | 3,106 | 1,757 | 462 | 1,165 | 4,699 |
| Cash flow | |||||||
| Cash from operations | 10,997 | 9,045 | 6,038 | 3,777 | 4,097 | 3,784 | 5,437 |
| Cash from investing | (14,083) | (15,222) | (4,943) | (4,699) | (3,936) | (4,009) | (5,643) |
| Cash from financing | 2,630 | 7,626 | (543) | 923 | (235) | (745) | 1,250 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10,076 | 9,711 | 7,443 | 6,730 | 6,596 | 6,819 | 6,375 | 5,830 |
| Revenue growth (YoY) | +52.8% | +42.4% | +16.8% | +15.4% | +6.7% | +26.8% | - | - |
| Other income | 447 | 170 | 227 | 215 | 171 | 206 | 222 | 170 |
| EBITDA | 3,101 | 3,008 | 2,145 | 1,995 | 1,955 | 1,811 | 2,040 | 1,661 |
| EBITDA margin | +30.8% | +31.0% | +28.8% | +29.7% | +29.6% | +26.6% | +32.0% | +28.5% |
| Depreciation | 601 | 585 | 508 | 496 | 509 | 465 | 462 | 462 |
| Interest | 1,180 | 1,152 | 954 | 913 | 872 | 894 | 826 | 809 |
| Profit before tax | 1,767 | 1,441 | 910 | 801 | 746 | 658 | 974 | 559 |
| Tax | 403 | 204 | 187 | 227 | 189 | 119 | 260 | (65.93) |
| Net profit | 1,364 | 1,237 | 723 | 574 | 557 | 539 | 714 | 625 |
| EPS (₹) | 11.01 | 9.57 | 5.69 | 4.60 | 4.44 | 4.27 | 5.50 | 4.85 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,383 | 1,938 | 1,517 | 688 | 740 | 755 | 858 |
| Revenue growth | +74.6% | +27.7% | +120.6% | -7.0% | -2.0% | -12.0% | - |
| EBITDA | 219 | 48.59 | 12.98 | (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 tax | 631 | 627 | 659 | 170 | (64.61) | (21.21) | 5.54 |
| Net profit | 571 | 583 | 595 | 170 | (64.61) | (21.21) | (49.20) |
| Net profit margin | +16.9% | +30.1% | +39.2% | +24.8% | -8.7% | -2.8% | -5.7% |
| EPS (₹) | 4.75 | 5.14 | 5.33 | 1.53 | (0.59) | (0.19) | 0.05 |
| Balance sheet | |||||||
| Total assets | 32,172 | 27,314 | 16,108 | 12,929 | 12,526 | 11,951 | 12,667 |
| Net worth | 20,917 | 19,699 | 10,922 | 10,327 | 3,977 | 4,087 | 4,810 |
| Total debt | 11,037 | 7,553 | 5,166 | 2,602 | 8,549 | 7,864 | 7,856 |
| Cash & bank | 1,366 | 1,096 | 661 | 817 | 389 | 18.06 | 1,176 |
| Net working capital | 2,113 | 1,718 | 1,402 | 1,345 | 1,098 | 277 | 2,269 |
| Cash flow | |||||||
| Cash from operations | 442 | (606) | (209) | (15.28) | 2.84 | (22.00) | (17.35) |
| Cash from investing | (3,695) | (9,164) | (2,001) | (1,665) | 240 | 191 | 1,971 |
| Cash from financing | 2,828 | 10,238 | 2,210 | 1,681 | (248) | (961) | (1,184) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 768 | 919 | 1,252 | 640 | 665 | 825 | 1,007 | 349 |
| Revenue growth (YoY) | +15.6% | +11.3% | +24.3% | +83.7% | +42.0% | +624.8% | - | - |
| Other income | 320 | 285 | 351 | 296 | 306 | 287 | 333 | 310 |
| Total expenses | 732 | 862 | 1,143 | 584 | 634 | 803 | 992 | 358 |
| EBITDA | 35.76 | 56.31 | 109 | 56.75 | 30.39 | 22.69 | 15.20 | (9.12) |
| EBITDA margin | +4.7% | +6.1% | +8.7% | +8.9% | +4.6% | +2.7% | +1.5% | -2.6% |
| Depreciation | 0.32 | 0.32 | 0.32 | 0.31 | 0.32 | 0.28 | 0.26 | 0.15 |
| Interest | 290 | 277 | 252 | 217 | 198 | 160 | 142 | 136 |
| Profit before tax | 65.79 | 63.79 | 208 | 135 | 139 | 150 | 207 | 164 |
| Tax | 8.50 | 14.69 | 8.59 | 20.85 | 37.23 | (6.43) | 8.85 | 0.00 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10,076 | 9,711 | 7,443 | 6,730 | 6,596 | 6,819 | 6,375 | 5,830 |
| Revenue growth (YoY) | +52.8% | +42.4% | +16.8% | +15.4% | +6.7% | +26.8% | - | - |
| Other income | 447 | 170 | 227 | 215 | 171 | 206 | 222 | 170 |
| EBITDA | 3,101 | 3,008 | 2,145 | 1,995 | 1,955 | 1,811 | 2,040 | 1,661 |
| EBITDA margin | +30.8% | +31.0% | +28.8% | +29.7% | +29.6% | +26.6% | +32.0% | +28.5% |
| Depreciation | 601 | 585 | 508 | 496 | 509 | 465 | 462 | 462 |
| Interest | 1,180 | 1,152 | 954 | 913 | 872 | 894 | 826 | 809 |
| Profit before tax | 1,767 | 1,441 | 910 | 801 | 746 | 658 | 974 | 559 |
| Tax | 403 | 204 | 187 | 227 | 189 | 119 | 260 | (65.93) |
| Net profit | 1,364 | 1,237 | 723 | 574 | 557 | 539 | 714 | 625 |
| EPS (₹) | 11.01 | 9.57 | 5.69 | 4.60 | 4.44 | 4.27 | 5.50 | 4.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 27,588 | 23,767 | 16,607 | 13,293 | 11,258 | 9,926 | 11,416 |
| Revenue growth | +16.1% | +43.1% | +24.9% | +18.1% | +13.4% | -13.1% | - |
| Other income | 737 | 679 | 611 | 1,583 | 1,286 | 1,115 | 265 |
| Total expenses | 19,599 | 18,207 | 10,896 | 8,775 | 7,051 | 5,976 | 7,162 |
| Employee cost | 1,093 | 1,033 | 952 | 987 | 885 | 931 | 973 |
| EBITDA | 7,989 | 5,560 | 5,711 | 4,518 | 4,206 | 3,950 | 4,254 |
| EBITDA margin | +29.0% | +23.4% | +34.4% | +34.0% | +37.4% | +39.8% | +37.3% |
| Depreciation | 1,978 | 1,906 | 1,776 | 1,608 | 1,427 | 1,329 | 1,174 |
| Interest | 3,633 | 3,259 | 2,767 | 2,781 | 2,365 | 2,117 | 2,238 |
| Profit before tax | 3,115 | 1,075 | 1,780 | 1,712 | 1,700 | 1,620 | 1,107 |
| Tax | 722 | 153 | 584 | 431 | 465 | 330 | 400 |
| Net profit | 2,240 | 2,290 | 1,043 | 1,256 | 1,205 | 1,224 | 745 |
| Net profit margin | +8.1% | +9.6% | +6.3% | +9.5% | +10.7% | +12.3% | +6.5% |
| EPS (₹) | 19.00 | 8.82 | 10.20 | 11.26 | 10.95 | 11.13 | 6.74 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1,201 | 1,201 | 1,115 | 1,115 | 1,100 | 1,100 | 1,100 |
| Reserves & surplus | 24,226 | 20,867 | 11,526 | 10,634 | 5,757 | 4,990 | 4,120 |
| Shareholders' funds (net worth) | 25,428 | 22,068 | 12,642 | 11,749 | 9,913 | 8,919 | 8,499 |
| Minority interest | 1,098 | 943 | 1,062 | 1,127 | 1,094 | 1,104 | 1,062 |
| Secured loans | 45,833 | 37,548 | 33,158 | 31,431 | 28,809 | 25,087 | 24,180 |
| Unsecured loans | 3,344 | 2,378 | 3,912 | 2,839 | 1,093 | 2,008 | 65.71 |
| Total debt | 49,176 | 39,926 | 37,070 | 34,270 | 29,902 | 27,095 | 24,246 |
| Total liabilities | 78,447 | 65,167 | 52,428 | 48,378 | 42,455 | 38,827 | 35,314 |
| Assets | |||||||
| Gross block | 59,700 | 50,504 | 48,781 | 40,733 | 36,769 | 32,072 | 28,685 |
| Net block | 46,804 | 39,555 | 38,920 | 32,645 | 30,272 | 26,987 | 24,924 |
| Capital work in progress | 2,054 | 5,702 | 3,003 | 6,200 | 5,060 | 5,255 | 2,212 |
| Investments | 2,644 | 2,638 | 766 | 1,370 | 561 | 442 | 313 |
| Inventories | 669 | 625 | 255 | 152 | 250 | 234 | 541 |
| Sundry debtors | 5,734 | 4,218 | 3,745 | 1,438 | 1,071 | 1,014 | 1,000 |
| Cash & bank balances | 3,947 | 3,619 | 2,228 | 1,704 | 1,393 | 1,290 | 2,297 |
| Loans & advances | 5,239 | 2,835 | 1,376 | 2,593 | 1,344 | 1,848 | 4,287 |
| Total current assets | 15,589 | 11,297 | 7,604 | 5,886 | 4,057 | 4,385 | 8,125 |
| Total current liabilities | 11,898 | 7,040 | 4,498 | 4,129 | 3,595 | 3,220 | 3,426 |
| Net working capital | 3,692 | 4,257 | 3,106 | 1,757 | 462 | 1,165 | 4,699 |
| Total assets | 78,447 | 65,167 | 52,428 | 48,378 | 42,455 | 38,827 | 35,314 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2,190 | 742 | 191 | 189 | 264 | 1,233 | 188 |
| Net cash from operating activities | 10,997 | 9,045 | 6,038 | 3,777 | 4,097 | 3,784 | 5,437 |
| Net cash from investing activities | (14,083) | (15,222) | (4,943) | (4,699) | (3,936) | (4,009) | (5,643) |
| Net cash from financing activities | 2,630 | 7,626 | (543) | 923 | (235) | (745) | 1,250 |
| Net change in cash | (456) | 1,448 | 551 | 1.59 | (74.63) | (969) | 1,045 |
| Closing cash | 3,947 | 3,619 | 2,228 | 1,704 | 1,393 | 1,290 | 2,297 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 1.88 | 2.22 | 2.92 | 2.96 | 3.03 | 2.95 | 2.68 |
| Long-term debt / equity | 1.74 | 2.04 | 2.66 | 2.73 | 2.75 | 2.65 | 2.33 |
| Interest cover | 60.44 | 89.18 | 70.30 | 95.59 | 85.10 | 80.76 | 72.68 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.50 | 0.48 | 0.37 | 0.34 | 0.33 | 0.33 | 0.41 |
| Inventory turnover | 42.62 | 53.98 | 81.57 | 66.13 | 46.54 | 25.62 | 25.16 |
| Debtors turnover | 5.54 | 5.97 | 6.41 | 10.60 | 10.80 | 9.86 | 13.26 |
| EPS (₹) | 19.00 | 8.82 | 10.20 | 11.26 | 10.95 | 11.13 | 6.74 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 208.05 | 180.33 | 109.91 | 102.11 | 59.30 | 52.78 | 45.27 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 768 | 919 | 1,252 | 640 | 665 | 825 | 1,007 | 349 |
| Revenue growth (YoY) | +15.6% | +11.3% | +24.3% | +83.7% | +42.0% | +624.8% | - | - |
| Other income | 320 | 285 | 351 | 296 | 306 | 287 | 333 | 310 |
| Total expenses | 732 | 862 | 1,143 | 584 | 634 | 803 | 992 | 358 |
| EBITDA | 35.76 | 56.31 | 109 | 56.75 | 30.39 | 22.69 | 15.20 | (9.12) |
| EBITDA margin | +4.7% | +6.1% | +8.7% | +8.9% | +4.6% | +2.7% | +1.5% | -2.6% |
| Depreciation | 0.32 | 0.32 | 0.32 | 0.31 | 0.32 | 0.28 | 0.26 | 0.15 |
| Interest | 290 | 277 | 252 | 217 | 198 | 160 | 142 | 136 |
| Profit before tax | 65.79 | 63.79 | 208 | 135 | 139 | 150 | 207 | 164 |
| Tax | 8.50 | 14.69 | 8.59 | 20.85 | 37.23 | (6.43) | 8.85 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,383 | 1,938 | 1,517 | 688 | 740 | 755 | 858 |
| Revenue growth | +74.6% | +27.7% | +120.6% | -7.0% | -2.0% | -12.0% | - |
| Other income | 1,240 | 1,109 | 995 | 615 | 701 | 679 | 796 |
| Total expenses | 3,164 | 1,889 | 1,504 | 716 | 742 | 765 | 881 |
| Employee cost | 6.11 | 6.86 | 2.05 | 1.18 | 1.57 | 3.80 | 3.27 |
| EBITDA | 219 | 48.59 | 12.98 | (28.27) | (2.25) | (10.11) | (22.80) |
| EBITDA margin | +6.5% | +2.5% | +0.9% | -4.1% | -0.3% | -1.3% | -2.7% |
| Depreciation | 1.23 | 0.60 | 0.34 | 0.15 | 0.26 | 0.29 | 0.30 |
| Interest | 826 | 530 | 348 | 416 | 763 | 690 | 767 |
| Profit before tax | 631 | 627 | 659 | 170 | (64.61) | (21.21) | 5.54 |
| Tax | 60.24 | 8.85 | 64.43 | 0.01 | 0.00 | 0.00 | 0.00 |
| Net profit | 571 | 583 | 595 | 170 | (64.61) | (21.21) | (49.20) |
| Net profit margin | +16.9% | +30.1% | +39.2% | +24.8% | -8.7% | -2.8% | -5.7% |
| EPS (₹) | 4.75 | 5.14 | 5.33 | 1.53 | (0.59) | (0.19) | 0.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1,201 | 1,201 | 1,115 | 1,115 | 1,100 | 1,100 | 1,100 |
| Reserves & surplus | 19,716 | 18,497 | 9,806 | 9,211 | (254) | 157 | 431 |
| Shareholders' funds (net worth) | 20,917 | 19,699 | 10,922 | 10,327 | 3,977 | 4,087 | 4,810 |
| Secured loans | 1,020 | 688 | 947 | 761 | 8,069 | 7,480 | 7,856 |
| Unsecured loans | 10,016 | 6,864 | 4,219 | 1,841 | 480 | 384 | 0.00 |
| Total debt | 11,037 | 7,553 | 5,166 | 2,602 | 8,549 | 7,864 | 7,856 |
| Total liabilities | 32,172 | 27,314 | 16,108 | 12,929 | 12,526 | 11,951 | 12,667 |
| Assets | |||||||
| Gross block | 13.45 | 12.11 | 10.12 | 1.21 | 1.73 | 1.82 | 1.82 |
| Net block | 10.06 | 9.96 | 8.58 | 0.49 | 0.68 | 0.95 | 1.24 |
| Capital work in progress | 34.65 | 29.61 | 4.27 | 7.52 | 0.42 | 0.00 | 0.00 |
| Investments | 15,394 | 13,207 | 9,030 | 6,721 | 6,681 | 6,203 | 5,984 |
| Inventories | 26.71 | 28.00 | 9.91 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 2,598 | 1,037 | 227 | 2.25 | 0.01 | 0.08 | 96.68 |
| Cash & bank balances | 1,366 | 1,096 | 661 | 817 | 389 | 18.06 | 1,176 |
| Loans & advances | 1,556 | 807 | 791 | 564 | 850 | 492 | 1,264 |
| Total current assets | 5,547 | 2,968 | 1,689 | 1,383 | 1,238 | 511 | 2,537 |
| Total current liabilities | 3,434 | 1,250 | 287 | 37.78 | 141 | 234 | 267 |
| Net working capital | 2,113 | 1,718 | 1,402 | 1,345 | 1,098 | 277 | 2,269 |
| Total assets | 32,172 | 27,314 | 16,108 | 12,929 | 12,526 | 11,951 | 12,667 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 470 | 2.36 | 2.64 | 2.15 | 8.02 | 801 | 31.22 |
| Net cash from operating activities | 442 | (606) | (209) | (15.28) | 2.84 | (22.00) | (17.35) |
| Net cash from investing activities | (3,695) | (9,164) | (2,001) | (1,665) | 240 | 191 | 1,971 |
| Net cash from financing activities | 2,828 | 10,238 | 2,210 | 1,681 | (248) | (961) | (1,184) |
| Net change in cash | (425) | 468 | (0.28) | 0.49 | (5.87) | (793) | 770 |
| Closing cash | 1,366 | 1,096 | 661 | 817 | 389 | 18.06 | 1,176 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.46 | 0.42 | 0.37 | 0.78 | 2.04 | 1.77 | 1.51 |
| Long-term debt / equity | 0.01 | 0.02 | 0.03 | 0.53 | 1.78 | 1.60 | 1.26 |
| Interest cover | 379.87 | 1,104.29 | 2,751.90 | -1,464.04 | -30,396.81 | -6,636.92 | -3,321.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 264.70 | 174.34 | 267.85 | 468.03 | 416.79 | 414.96 | 527.87 |
| Inventory turnover | 123.67 | 102.23 | 306.23 | 0.00 | 0.00 | 0.00 | 1,009.16 |
| Debtors turnover | 1.86 | 3.07 | 13.21 | 608.85 | 16,440.22 | 15.61 | 16.12 |
| EPS (₹) | 4.75 | 5.14 | 5.33 | 1.53 | (0.59) | (0.19) | 0.05 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 174.12 | 163.98 | 97.91 | 92.58 | 7.69 | 11.43 | 13.92 |
Investments & Acquisitions by Adani Energy Solutions
Adani Energy Solutions has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Essar Transco, IntelliSmart and Jamnagar Transmission.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Smart metering infrastructure and AI-based analysis are provided by IntelliSmart. | intellismartinfra.in | Delhi, India | 2019 | Jun 2026 | $319.16M | |
Multiple industries are served by the diversified conglomerate. | 0 | Nov 2024 | •••• | |||
Manufacturer of switchgear and reactors | 0 | Oct 2024 | •••• | |||
Substation projects for power infrastructure are developed in India. | India | 0 | Oct 2024 | •••• | ||
Electricity distribution services are provided in Mumbai, India. | Mumbai, India | 2022 | May 2024 | •••• | ||
Electricity is distributed through transmission networks by the company. | 0 | Oct 2023 | •••• |
Complete acquisition details for Adani Energy Solutions
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Timeline of Adani Energy Solutions
9 dated milestones of Adani Energy Solutions across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Adani Energy Solutions is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Sangod Transmission Service.
- Acquisition Acquires Essar Transco.
- Funding First funding round of $1.0B.
- Acquisition Acquires Navinal Transmission.
- Acquisition Acquires Jamnagar Transmission.
- Acquisition Acquires PFC Consulting.
- Acquisition Acquires IntelliSmart.
Web traffic of Adani Energy Solutions
The website of Adani Energy Solutions (adanienergysolutions.com) receives about 21.1K visits a month.
- Monthly visits21.1K
▲ 184.5% vs previous month
Websites whose visitors overlap most with Adani Energy Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| adanigreenenergy.com | 100% | 43.3K | #886,681 | View details | |
| vikrangroup.com | 93% | 13.8K | #1,743,059 | View details | |
| ngel.in | 82% | 16.2K | #931,401 | View details | |
| rakesh-jhunjhunwala.in | 81% | #1,251,634 | View details | ||
sharescart.com | sharescart.com | 74% | #270,665 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Adani Energy Solutions
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Top companies in Smart Grid & Transmission Systems
2 companies that operate in the same segment as Adani Energy Solutions (Smart Grid & Transmission Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Provider of smart street lighting solutions | 1992 | Jaipur, Rajasthan, India | USD 504.88 M | 411 |
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Related news about Adani Energy Solutions
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Frequently Asked Questions about Adani Energy Solutions
Adani Energy Solutions was founded in 2013 and raised its 1st funding round 11 years after it was founded.
Adani Energy Solutions is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Adani Energy Solutions has 626 employees.
The primary company behind Adani Energy Solutions, Adani Energy Solutions Limited, reported revenue of ₹28,325 Cr for FY 2026, up 16% year on year.
Adani Energy Solutions Limited was established in 2013 in Ahmedabad, India, as a private sector entity in the power transmission industry. Operations span multiple regions within the country, where electricity is transmitted through extensive infrastructure networks. Services focus on maintaining grid reliability and supporting energy distribution. The company is headquartered in Ahmedabad and led by founder Gautam Adani.
Adani Energy Solutions offers Power Transmission and Power Distribution.
Yes, Adani Energy Solutions is publicly traded on NSE under the ticker symbol ADANIENSOL.
Adani Energy Solutions has made 6 acquisitions, including Essar Transco, IntelliSmart, and Jamnagar Transmission.
Adani Energy Solutions has 4 investors. Key investors include Bandhan Mutual Fund, Nomura, GQG, and Abu Dhabi Investment Authority.
Adani Energy Solutions operates through Adani Energy Solutions Limited.
The legal entities of Adani Energy Solutions currently have 10 directors, including Kandarp Suryakant Patel, Anil Kumar Sardana, Jaladhi Atulchandra Shukla and others.
