Advait Infratech

Ahmedabad, India Founded: 2009 • Age: 17 yrs Listed
Provider of installation and maintenance services of power grids
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About Advait Infratech

Advait Infratech is a publicly listed company based in Ahmedabad (India) founded in 2009 by Shalin Sheth. Provider of installation and maintenance services of power grids. The company has 142 employees. Its Indian entity Advait Energy Transitions Limited reported revenue of ₹727 Cr. Its focus areas include Energy and Transmission System Operators (TSO).

Company details

Advait Infratech, founded in 2009 in Ahmedabad, India, focuses on working in the energy sector, and transmission system operators (tso). Provider of installation and maintenance services of power grids. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

  • Headquarters Ahmedabad, India
  • Employees 142
  • Founders Shalin Sheth
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website advaitinfra.com
  • Social LinkedIn X Facebook
  • Legal Name Advait Energy Transitions Ltd
Operational Areas
Energy & Utilities → Smart Grid & Transmission Systems
Key Metrics
  • Market Cap
    ₹2,036 Cr

    ADVAIT · NSE

  • Share Price
    ₹1,893.50

    +1.84% today

  • Revenue
    ₹715 Cr

    FY 2025-26 · +79.0% YoY

  • EBITDA
    ₹83.78 Cr

    Margin 11.7%

  • Net Profit
    ₹51.72 Cr

    FY 2025-26 · +66.7% YoY

  • P/E (TTM)
    31.3x

    P/B 6.8x

  • Employee Count
    142

Board of directors of Advait Energy Transitions Limited (Advait Infratech)

Advait Energy Transitions Limited is the primary company behind Advait Infratech. The board of Advait Energy Transitions Limited currently have 7 directors; the longest-serving is Shalin Rahulkumar Sheth, appointed in 2010. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shalin Rahulkumar Sheth
DIN 02911544
Managing Director15 Mar 201016 yrs 8 moAdvait Energy Transitions Limited
Rejal Shalin Sheth
DIN 02911576
Whole-time director15 Mar 201016 yrs 8 moAdvait Energy Transitions Limited
Bajrangprasad Naharmal Maheshwari
DIN 06571660
Director01 Aug 20197 yrs 3 moAdvait Energy Transitions Limited
Dinesh Babulal Patel
DIN 03443006
Director07 Sep 20197 yrs 2 moAdvait Energy Transitions Limited
Ramesh Kumar Agrawal
DIN 09195375
Director24 Sep 20215 yrs 1 moAdvait Energy Transitions Limited
Varsha Biswajit Adhikari
DIN 08345677
Director09 Nov 20233 yrsAdvait Energy Transitions Limited
Tejpalsingh Jagatsingh Bisht
DIN 02170301
Director05 Aug 20251 yr 3 moAdvait Energy Transitions Limited

People of Advait Infratech

5 people are tracked at Advait Infratech (3 in leadership, 2 in team); the tracked headcount is 142.

NameRoleGroup
Shalin Sheth
Founder & Managing DirectorLeadership
Parth Gandhi
Asst. Vice President - Business DevelopmentLeadership
Avantika Gupta
Head - Carbon Markets & SustainabilityLeadership
Vikas Jha
Business Development ManagerTeam
Pardeep Kamboj
Deputy Manager -projectsTeam
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Complete people profiles for Advait Infratech

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IPO & Listings of Advait Infratech

Advait Infratech is a publicly listed company on the BSE with ticker symbol ADVAIT in India, operating in the Producer manufacturing 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 date28 Sep 2020
  • Listed onBSE: 543230
  • Listed entityAdvait Energy Transitions Ltd
  • Exchange sectorProducer manufacturing
  • ISININE0ALI01010
  • Share price₹1,901.75 (-0.73% on the day) · 2026-10-14
  • Market capitalisation₹2,098 Cr
  • Price to earnings35.5
  • EPS (diluted, trailing year)₹53.61
  • Dividend yield0.1%
  • Volume (last session)4,183

Financials of Advait Infratech

Exchange-reported figures of Advait Energy Transitions Limited, the listed company behind Advait Infratech (NSE: ADVAIT).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹715 Cr
+79.0% YoY
EBITDA
₹83.78 Cr
+62.1% YoY
Profit After Tax
₹51.72 Cr
+66.7% YoY
Net Worth
₹278 Cr
+37.4% YoY
Total Assets
₹430 Cr
+49.1% YoY
Total Debt
₹128 Cr
+80.2% 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
Revenue71539920910478.6665.7144.52
Revenue growth+79.0%+91.1%+100.5%+32.5%+19.7%+47.6%-
EBITDA83.7851.6736.1716.6210.494.684.28
EBITDA margin+11.7%+13.0%+17.3%+16.0%+13.3%+7.1%+9.6%
Profit before tax77.8744.6829.4711.998.793.672.56
Net profit51.7231.0321.828.465.254.460.47
Net profit margin+7.2%+7.8%+10.5%+8.1%+6.7%+6.8%+1.1%
EPS (₹)47.3628.6121.458.2710.439.361.44
Balance sheet
Total assets43028814268.5546.0940.3029.60
Net worth27820273.4445.8435.1430.2419.37
Total debt12871.0759.1715.188.517.539.89
Cash & bank11690.4244.0017.9910.4914.178.52
Net working capital20013880.8617.4616.7922.6012.46
Cash flow
Cash from operations(9.68)45.59(9.37)12.7511.60(0.42)1.41
Cash from investing(33.33)(63.11)(8.22)(7.23)(13.64)0.84(0.44)
Cash from financing68.5163.9343.602.60(1.64)5.240.98
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue17922821115711819398.4146.23
Revenue growth (YoY)+51.4%+18.0%+114.4%+239.3%+98.5%---
Other income1.633.204.592.092.623.422.000.98
EBITDA24.7728.7924.1617.3213.7419.2815.248.52
EBITDA margin+13.8%+12.6%+11.4%+11.0%+11.6%+10.0%+15.5%+18.4%
Depreciation0.960.960.910.810.860.690.730.66
Interest4.524.094.273.542.683.572.402.78
Profit before tax20.9226.9423.5715.0612.8218.4414.116.06
Tax5.306.985.574.123.135.553.701.55
Net profit15.6219.9618.0010.949.6912.8910.414.51
EPS (₹)12.6816.1315.179.637.6510.599.173.83
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue44829520710372.0058.0840.30
Revenue growth+51.5%+42.4%+101.3%+43.2%+24.0%+44.1%-
EBITDA70.6247.8234.6217.369.666.435.29
EBITDA margin+15.8%+16.2%+16.7%+16.8%+13.4%+11.1%+13.1%
Profit before tax62.4142.9828.7713.549.616.576.04
Net profit46.2731.5521.2810.017.064.834.17
Net profit margin+10.3%+10.7%+10.3%+9.7%+9.8%+8.3%+10.4%
EPS (₹)42.3429.1120.929.8013.989.4611.71
Balance sheet
Total assets39927811971.1048.2335.3426.65
Net worth26119974.4652.0341.4334.7223.94
Total debt12769.5138.0013.396.350.222.36
Cash & bank11089.0622.0217.999.4012.107.88
Net working capital17712662.4223.9921.0922.2213.33
Cash flow
Cash from operations5.8349.76(7.60)12.496.86(0.79)2.08
Cash from investing(59.92)(72.95)(6.88)(7.23)(13.59)0.500.24
Cash from financing75.4690.2318.503.134.034.51(0.34)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12915412595.4673.4695.3894.3647.59
Revenue growth (YoY)+76.1%+61.5%+32.2%+100.6%+26.3%---
Other income1.472.771.542.882.534.301.930.76
Total expenses10813110480.2361.9481.3779.3038.18
EBITDA20.9022.9921.0915.2311.5214.0115.069.41
EBITDA margin+16.2%+14.9%+16.9%+16.0%+15.7%+14.7%+16.0%+19.8%
Depreciation0.950.940.900.800.850.640.680.61
Interest4.473.984.603.442.633.512.212.44
Profit before tax16.9520.8417.1313.8710.5714.1614.107.12
Tax4.325.414.623.572.564.463.721.53

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 14 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue17922821115711819398.4146.23
Revenue growth (YoY)+51.4%+18.0%+114.4%+239.3%+98.5%---
Other income1.633.204.592.092.623.422.000.98
EBITDA24.7728.7924.1617.3213.7419.2815.248.52
EBITDA margin+13.8%+12.6%+11.4%+11.0%+11.6%+10.0%+15.5%+18.4%
Depreciation0.960.960.910.810.860.690.730.66
Interest4.524.094.273.542.683.572.402.78
Profit before tax20.9226.9423.5715.0612.8218.4414.116.06
Tax5.306.985.574.123.135.553.701.55
Net profit15.6219.9618.0010.949.6912.8910.414.51
EPS (₹)12.6816.1315.179.637.6510.599.173.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue71539920910478.6665.7144.52
Revenue growth+79.0%+91.1%+100.5%+32.5%+19.7%+47.6%-
Other income12.727.352.881.741.282.441.67
Total expenses63134717387.5768.1761.0340.24
Employee cost0.0012.799.694.933.983.212.50
EBITDA83.7851.6736.1716.6210.494.684.28
EBITDA margin+11.7%+13.0%+17.3%+16.0%+13.3%+7.1%+9.6%
Depreciation3.543.482.643.691.802.052.09
Interest15.0910.866.942.681.181.401.30
Profit before tax77.8744.6829.4711.998.793.672.56
Tax19.7912.627.583.533.48(1.10)2.02
Net profit51.7231.0321.828.465.254.460.47
Net profit margin+7.2%+7.8%+10.5%+8.1%+6.7%+6.8%+1.1%
EPS (₹)47.3628.6121.458.2710.439.361.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.9410.8210.2010.205.105.103.75
Reserves & surplus26718663.2435.6430.0425.1415.62
Shareholders' funds (net worth)27820273.4445.8435.1430.2419.37
Minority interest12.835.641.440.000.000.000.00
Secured loans12163.5852.5211.188.514.895.45
Unsecured loans7.457.496.654.000.002.644.44
Total debt12871.0759.1715.188.517.539.89
Total liabilities43028814268.5546.0940.3029.60
Assets
Gross block82.1342.7648.7139.6821.4420.3817.54
Net block73.2337.2841.5335.0714.9715.3317.54
Capital work in progress71.111.781.071.0612.840.000.00
Investments30.6689.261.220.030.100.100.20
Inventories59.1313.7819.9513.237.496.345.39
Sundry debtors14818743.0930.0329.1420.3612.09
Cash & bank balances11690.4244.0017.9910.4914.178.52
Loans & advances11334.7529.833.154.226.847.74
Total current assets43632613764.4051.3447.7133.74
Total current liabilities23618856.0146.9434.5525.1121.28
Net working capital20013880.8617.4616.7922.6012.46
Total assets43028814268.5546.0940.3029.60
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash90.4244.0017.999.8714.178.526.57
Net cash from operating activities(9.68)45.59(9.37)12.7511.60(0.42)1.41
Net cash from investing activities(33.33)(63.11)(8.22)(7.23)(13.64)0.84(0.44)
Net cash from financing activities68.5163.9343.602.60(1.64)5.240.98
Net change in cash25.4946.4226.018.12(3.68)5.661.95
Closing cash11690.4244.0017.9910.4914.178.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+79.0%+91.1%+100.5%+32.5%+19.7%+47.6%-
EBITDA growth+62.1%+42.9%+117.6%+58.4%+124.2%+9.4%-
PBT growth+74.3%+51.6%+145.8%+36.4%+139.5%+43.4%-29.5%
Net income growth+66.7%+42.2%+157.9%+61.1%+17.7%+848.9%-
Revenue CAGR (3Y)+90.0%+71.8%+47.0%+32.8%+41.0%--
EBITDA CAGR (3Y)+71.5%+70.2%+97.7%+57.2%+41.8%--
Profitability & leverage
Net income margin+8.1%+8.0%+10.5%+8.1%+6.8%+7.3%+1.2%
Return on capital employed-+26.1%+34.8%+25.6%+23.1%+12.8%+12.2%
Return on net worth-+23.2%+36.7%+20.8%+16.3%+18.0%+2.5%
Debt / equity-0.480.620.290.250.350.41
Long-term debt / equity-0.170.130.160.180.220.32
Interest cover18.8122.5420.7020.7313.5853.2359.36
Efficiency & per share
Fixed asset turnover-7.254.733.413.763.472.39
Inventory turnover-22.4212.5910.0611.3811.2013.11
Debtors turnover-3.445.713.523.184.053.39
EPS (₹)47.3628.6121.458.2710.439.361.44
Dividend per share (₹)2.001.751.500.001.001.001.50
Book value per share (₹)0.00182.0372.0044.9468.9159.3051.65
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12915412595.4673.4695.3894.3647.59
Revenue growth (YoY)+76.1%+61.5%+32.2%+100.6%+26.3%---
Other income1.472.771.542.882.534.301.930.76
Total expenses10813110480.2361.9481.3779.3038.18
EBITDA20.9022.9921.0915.2311.5214.0115.069.41
EBITDA margin+16.2%+14.9%+16.9%+16.0%+15.7%+14.7%+16.0%+19.8%
Depreciation0.950.940.900.800.850.640.680.61
Interest4.473.984.603.442.633.512.212.44
Profit before tax16.9520.8417.1313.8710.5714.1614.107.12
Tax4.325.414.623.572.564.463.721.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue44829520710372.0058.0840.30
Revenue growth+51.5%+42.4%+101.3%+43.2%+24.0%+44.1%-
Other income9.947.362.481.541.050.901.62
Total expenses37724817385.7162.3451.6535.01
Employee cost0.0011.107.984.343.442.722.21
EBITDA70.6247.8234.6217.369.666.435.29
EBITDA margin+15.8%+16.2%+16.7%+16.8%+13.4%+11.1%+13.1%
Depreciation3.492.521.752.870.280.240.32
Interest14.669.686.582.490.820.520.55
Profit before tax62.4142.9828.7713.549.616.576.04
Tax16.1711.507.423.532.471.751.64
Net profit46.2731.5521.2810.017.064.834.17
Net profit margin+10.3%+10.7%+10.3%+9.7%+9.8%+8.3%+10.4%
EPS (₹)42.3429.1120.929.8013.989.4611.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.9410.8210.2010.205.105.103.75
Reserves & surplus25018364.2641.8336.3329.6220.19
Shareholders' funds (net worth)26119974.4652.0341.4334.7223.94
Secured loans12062.1235.509.546.350.230.24
Unsecured loans7.257.392.503.850.00(0.01)2.12
Total debt12769.5138.0013.396.350.222.36
Total liabilities39927811971.1048.2335.3426.65
Assets
Gross block67.0442.4629.9722.614.323.353.25
Net block58.2337.0226.9821.313.062.002.14
Capital work in progress52.841.781.071.0612.840.000.00
Investments63.5377.8312.0510.8510.9110.9111.01
Inventories19.6012.2217.9111.046.013.351.99
Sundry debtors13178.3339.8827.8225.4418.2410.31
Cash & bank balances11089.0622.0217.999.4012.107.88
Loans & advances95.4833.6727.821.703.054.227.23
Total current assets35621310858.5543.9037.9127.41
Total current liabilities18087.4545.2134.5622.8115.6914.08
Net working capital17712662.4223.9921.0922.2213.33
Total assets39927811971.1048.2335.3426.65
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash89.0622.0217.999.5912.107.885.90
Net cash from operating activities5.8349.76(7.60)12.496.86(0.79)2.08
Net cash from investing activities(59.92)(72.95)(6.88)(7.23)(13.59)0.500.24
Net cash from financing activities75.4690.2318.503.134.034.51(0.34)
Net change in cash21.3767.044.038.40(2.69)4.221.98
Closing cash11089.0622.0217.999.4012.107.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+51.5%+42.4%+101.3%+43.2%+24.0%+44.1%-
EBITDA growth+47.7%+38.1%+99.4%+79.7%+50.2%+21.6%-
PBT growth+45.2%+49.4%+112.5%+40.9%+46.3%+8.8%+55.3%
Net income growth+46.7%+48.3%+112.6%+41.8%+46.2%+15.8%-
Revenue CAGR (3Y)+63.2%+60.1%+52.9%+36.8%+36.9%+10.2%+11.9%
EBITDA CAGR (3Y)+59.6%+70.4%+75.3%+48.6%+36.4%-3.3%-3.8%
Profitability & leverage
Net income margin+10.3%+10.7%+10.3%+9.7%+9.9%+8.3%+10.9%
Return on capital employed-+26.5%+37.2%+26.9%+24.9%+22.9%+26.0%
Return on net worth-+23.0%+33.7%+21.4%+18.7%+16.4%+20.2%
Debt / equity-0.390.410.210.090.040.08
Long-term debt / equity-0.160.090.110.070.020.04
Interest cover21.8421.3720.0217.188.748.4011.07
Efficiency & per share
Fixed asset turnover-8.167.897.6518.7717.6012.67
Inventory turnover-19.6114.3312.0915.3821.7530.07
Debtors turnover-5.006.133.873.304.073.92
EPS (₹)42.3429.1120.929.8013.989.4611.71
Dividend per share (₹)2.001.751.500.001.001.001.50
Book value per share (₹)0.00179.2473.0051.0181.2468.0863.84

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Related news about Advait Infratech

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Frequently Asked Questions about Advait Infratech

Advait Infratech was founded in 2009.

Advait Infratech is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Advait Infratech has 142 employees.

The primary company behind Advait Infratech, Advait Energy Transitions Limited, reported revenue of ₹727 Cr for FY 2026, up 79% year on year.

Advait Infratech, founded in 2009 in Ahmedabad, India, focuses on working in the energy sector, and transmission system operators (tso). Provider of installation and maintenance services of power grids. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Yes, Advait Infratech is publicly traded on BSE under the ticker symbol ADVAIT.

Advait Infratech operates through Advait Energy Transitions Limited.

The legal entities of Advait Infratech currently have 9 directors, including Shalin Rahulkumar Sheth, Rejal Shalin Sheth, Bajrangprasad Naharmal Maheshwari and others.

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