Nifty
:
25727.55
Sensex
:
83739.13
639.15 (2.55%)
2072.67 (2.54%)
Nifty
Sensex
:
:
25727.55
83739.13
639.15 (2.55%)
2072.67 (2.54%)

Adani Energy Solutions Ltd.

Power Generation/Distribution

Rating :
60/99

BSE: 539254 | NSE: ADANIENSOL

NSE BSE
974.40
03-Feb-2026
  • Open
  • High
  • Low
  • Previous Close
  •  951
  •  982.7
  •  937.2
  •  884.60
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  5085074
  •  4897741998.05
  •  1067.7
  •  639.45

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,17,077.01
  • 52.13
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,57,545.43
  • N/A
  • 4.89

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 71.19%
  • 0.54%
  • 3.08%
  • FII
  • DII
  • Others
  • 13.47%
  • 10.06%
  • 1.66%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 26.89
  • 19.08
  • 21.37

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.88
  • 12.33
  • 9.36

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.16
  • -2.84
  • -5.51

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 75.52
  • 106.14
  • 98.53

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 10.32
  • 13.65
  • 6.89

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 24.23
  • 32.01
  • 20.74

Earnings Forecasts:

(Updated: 31-01-2026)
Description
2024
2025
2026
2027
Adj EPS
9.05
22.9
31.35
34.69
P/E Ratio
107.67
42.55
31.08
28.09
Revenue
23767.1
26332.2
35170.6
36120.1
EBITDA
8385.65
8896.32
12718.7
14215.8
Net Income
1059.97
2476.98
3623.45
3834.28
ROA
1.6
P/B Ratio
5.30
4.80
4.23
3.71
ROE
6.11
10.1
11.82
10.54
FCFF
-3109.79
-1087.9
-430.03
-358.9
FCFF Yield
-2.2
-0.77
-0.3
-0.25
Net Debt
34366.9
47388.7
62985.2
BVPS
183.71
203.07
230.53
262.5

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
6,729.65
5,830.26
15.43%
6,595.83
6,183.70
6.66%
6,819.28
5,378.55
26.79%
6,374.58
4,706.85
35.43%
Expenses
4,734.25
4,169.52
13.54%
4,640.41
4,468.56
3.85%
5,008.59
3,727.87
34.36%
4,334.62
3,085.73
40.47%
EBITDA
1,995.40
1,660.74
20.15%
1,955.42
1,715.14
14.01%
1,810.69
1,650.68
9.69%
2,039.96
1,621.12
25.84%
EBIDTM
29.65%
28.48%
29.65%
27.74%
26.55%
30.69%
32.00%
34.44%
Other Income
214.79
170.13
26.25%
171.32
176.10
-2.71%
206.21
111.42
85.07%
221.81
148.33
49.54%
Interest
912.95
809.12
12.83%
871.66
812.94
7.22%
894.03
810.93
10.25%
826.17
749.99
10.16%
Depreciation
496.19
462.38
7.31%
509.41
484.07
5.23%
464.82
497.85
-6.63%
461.65
467.51
-1.25%
PBT
801.05
559.37
43.21%
745.67
594.23
25.49%
658.05
-1,052.70
-
973.95
551.95
76.46%
Tax
226.17
-66.07
-
187.44
-178.92
-
117.12
136.57
-14.24%
287.41
168.59
70.48%
PAT
574.88
625.44
-8.08%
558.23
773.15
-27.80%
540.93
-1,189.27
-
686.54
383.36
79.08%
PATM
8.54%
10.73%
8.46%
12.50%
7.93%
-22.11%
10.77%
8.14%
EPS
4.60
4.68
-1.71%
4.45
5.62
-20.82%
4.27
-7.39
-
5.39
3.24
66.36%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
26,519.34
23,767.09
16,607.36
13,292.72
11,257.52
9,926.33
11,415.96
7,305.45
3,944.48
2,875.71
2,197.01
Net Sales Growth
20.00%
43.11%
24.94%
18.08%
13.41%
-13.05%
56.27%
85.21%
37.17%
30.89%
 
Cost Of Goods Sold
2,311.00
0.00
0.00
0.00
0.00
0.00
924.21
838.94
815.61
755.40
148.51
Gross Profit
24,208.34
23,767.09
16,607.36
13,292.72
11,257.52
9,926.33
10,491.75
6,466.51
3,128.87
2,120.31
2,048.50
GP Margin
91.29%
100%
100%
100%
100%
100%
91.90%
88.52%
79.32%
73.73%
93.24%
Total Expenditure
18,717.87
16,700.57
10,896.16
8,775.11
7,051.35
5,975.97
7,162.10
4,543.22
1,118.47
892.62
270.47
Power & Fuel Cost
-
8,170.63
6,981.90
6,461.60
5,143.97
4,111.48
3,697.36
2,291.12
0.00
8.36
0.00
% Of Sales
-
34.38%
42.04%
48.61%
45.69%
41.42%
32.39%
31.36%
0%
0.29%
0%
Employee Cost
-
1,032.94
951.70
986.65
885.07
930.76
973.24
586.92
42.25
45.91
30.71
% Of Sales
-
4.35%
5.73%
7.42%
7.86%
9.38%
8.53%
8.03%
1.07%
1.60%
1.40%
Manufacturing Exp.
-
5,554.85
1,850.40
591.17
556.72
517.55
839.55
479.77
178.13
27.06
44.36
% Of Sales
-
23.37%
11.14%
4.45%
4.95%
5.21%
7.35%
6.57%
4.52%
0.94%
2.02%
General & Admin Exp.
-
446.65
441.25
381.50
324.94
291.35
302.64
245.41
58.95
38.88
40.41
% Of Sales
-
1.88%
2.66%
2.87%
2.89%
2.94%
2.65%
3.36%
1.49%
1.35%
1.84%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3.65
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0.17%
Miscellaneous Exp.
-
1,495.50
670.91
354.19
140.65
124.83
425.10
101.06
23.53
17.01
3.65
% Of Sales
-
6.29%
4.04%
2.66%
1.25%
1.26%
3.72%
1.38%
0.60%
0.59%
0.13%
EBITDA
7,801.47
7,066.52
5,711.20
4,517.61
4,206.17
3,950.36
4,253.86
2,762.23
2,826.01
1,983.09
1,926.54
EBITDA Margin
29.42%
29.73%
34.39%
33.99%
37.36%
39.80%
37.26%
37.81%
71.64%
68.96%
87.69%
Other Income
814.13
679.46
610.95
1,583.32
1,286.42
1,115.41
265.33
351.19
110.71
22.10
70.38
Interest
3,504.81
3,259.16
2,766.51
2,781.47
2,364.95
2,116.99
2,238.49
1,391.03
885.63
904.01
957.29
Depreciation
1,932.07
1,905.95
1,776.08
1,607.74
1,427.15
1,328.88
1,174.02
882.15
579.41
569.25
559.65
PBT
3,178.72
2,580.87
1,779.56
1,711.72
1,700.49
1,619.90
1,106.68
840.24
1,471.68
531.93
479.98
Tax
818.14
153.16
583.95
431.12
464.74
330.33
400.19
281.04
328.74
115.50
112.04
Tax Rate
25.74%
14.25%
32.81%
25.19%
27.33%
20.39%
36.16%
33.45%
22.34%
21.71%
23.34%
PAT
2,360.58
1,059.97
1,137.28
1,256.33
1,204.61
1,224.04
741.82
559.20
1,142.94
416.43
367.94
PAT before Minority Interest
2,222.73
921.69
1,195.61
1,280.60
1,235.75
1,289.57
706.49
559.20
1,142.94
416.43
367.94
Minority Interest
-137.85
138.28
-58.33
-24.27
-31.14
-65.53
35.33
0.00
0.00
0.00
0.00
PAT Margin
8.90%
4.46%
6.85%
9.45%
10.70%
12.33%
6.50%
7.65%
28.98%
14.48%
16.75%
PAT Growth
298.29%
-6.80%
-9.48%
4.29%
-1.59%
65.00%
32.66%
-51.07%
174.46%
13.18%
 
EPS
19.65
8.82
9.47
10.46
10.03
10.19
6.18
4.65
9.51
3.47
3.06

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
22,068.20
12,641.55
11,749.17
6,857.17
6,089.58
5,219.54
4,634.85
6,056.49
2,946.53
2,671.81
Share Capital
1,201.28
1,115.49
1,115.49
1,099.81
1,099.81
1,099.81
1,099.81
2,948.44
1,099.81
1,099.81
Total Reserves
20,866.92
11,526.06
10,633.68
5,757.36
4,989.77
4,119.73
3,535.04
3,108.05
1,846.72
1,572.00
Non-Current Liabilities
40,874.59
36,818.57
34,038.69
33,585.02
29,351.79
27,543.25
21,233.88
8,887.00
8,257.03
5,102.70
Secured Loans
35,153.80
29,924.42
27,847.42
25,450.50
21,781.84
20,194.43
16,304.11
8,594.56
7,729.08
5,093.78
Unsecured Loans
1,838.49
3,635.20
3,482.97
5,379.19
4,856.67
5,374.64
3,408.03
0.00
0.00
0.00
Long Term Provisions
553.57
630.23
527.73
617.47
584.52
275.58
447.07
9.57
281.30
5.57
Current Liabilities
10,016.40
8,016.68
7,017.29
5,928.24
6,688.63
5,886.27
6,689.73
2,930.20
1,884.18
3,971.17
Trade Payables
2,955.62
1,515.92
1,800.43
1,607.91
1,241.01
1,751.51
1,236.92
39.49
27.15
8.08
Other Current Liabilities
4,967.68
3,851.20
2,902.93
2,781.66
3,412.82
2,796.26
3,741.29
1,272.43
923.42
1,071.54
Short Term Borrowings
1,982.49
2,547.87
2,186.63
1,455.42
1,966.47
1,235.81
1,632.78
1,010.65
931.28
2,845.42
Short Term Provisions
110.61
101.69
127.30
83.25
68.33
102.69
78.74
607.63
2.33
46.13
Total Liabilities
73,902.25
58,538.38
53,931.75
47,464.11
43,233.58
39,711.19
32,558.46
17,873.69
13,087.74
11,745.68
Net Block
39,554.75
38,919.74
32,645.14
30,271.77
26,986.60
24,924.20
24,412.00
9,291.24
9,853.23
10,060.42
Gross Block
50,503.51
48,780.58
40,733.21
36,765.96
32,072.46
28,653.32
27,000.57
10,999.55
10,982.13
10,620.07
Accumulated Depreciation
10,948.76
9,860.84
8,088.07
6,494.19
5,085.86
3,729.12
2,588.57
1,708.31
1,128.90
559.65
Non Current Assets
57,228.13
48,920.26
45,024.89
41,986.37
38,234.14
31,025.76
27,623.19
15,521.81
11,710.76
10,443.55
Capital Work in Progress
5,702.24
3,002.69
6,200.44
5,060.16
5,255.14
2,212.24
694.06
2,352.79
1,342.64
258.22
Non Current Investment
348.72
323.79
312.89
264.17
267.24
0.00
120.92
0.00
0.00
0.00
Long Term Loans & Adv.
1,335.88
1,525.37
1,782.08
2,871.65
2,023.09
757.14
316.73
2,711.52
482.20
95.31
Other Non Current Assets
10,286.54
5,148.67
4,084.34
3,518.62
3,702.07
3,132.18
2,079.48
1,166.26
32.69
29.60
Current Assets
16,674.12
9,618.12
8,906.86
5,477.74
4,999.44
8,685.43
4,935.27
2,351.88
1,376.98
1,302.13
Current Investments
2,289.69
442.69
1,056.79
296.35
174.79
312.67
214.86
0.00
105.00
19.82
Inventories
625.24
255.28
151.91
250.11
233.71
541.17
366.18
35.34
38.66
21.76
Sundry Debtors
4,217.86
3,744.54
1,437.59
1,070.84
1,013.54
1,000.26
722.05
257.83
189.56
182.35
Cash & Bank
3,618.68
2,228.14
1,704.14
1,392.87
1,289.91
2,296.84
701.56
665.49
393.18
151.38
Other Current Assets
5,922.65
1,779.91
2,183.97
1,419.41
2,287.49
4,534.49
2,930.62
1,393.22
650.58
926.82
Short Term Loans & Adv.
2,514.23
1,167.56
2,372.46
1,048.16
1,702.70
3,831.26
119.15
625.04
13.87
923.36
Net Current Assets
6,657.72
1,601.44
1,889.57
-450.50
-1,689.19
2,799.16
-1,754.46
-578.32
-507.20
-2,669.04
Total Assets
73,902.25
58,538.38
53,931.75
47,464.11
43,233.58
39,711.19
32,558.46
17,873.69
13,087.74
11,745.68

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
8,695.22
6,037.62
3,776.99
4,096.61
3,784.33
5,437.20
2,591.38
2,198.31
2,188.75
1,543.54
PBT
1,074.85
1,779.56
1,711.72
1,700.49
1,619.90
1,106.68
840.24
1,471.68
531.93
479.98
Adjustment
6,002.75
3,964.29
3,889.67
3,227.16
2,948.73
3,243.44
2,094.96
1,356.21
1,452.39
1,446.78
Changes in Working Capital
1,846.32
593.85
-1,578.84
-564.18
-531.77
1,272.90
-153.01
-309.70
378.48
-310.78
Cash after chg. in Working capital
8,923.92
6,337.70
4,022.55
4,363.47
4,036.86
5,623.02
2,782.19
2,518.19
2,362.80
1,615.98
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-228.70
-300.08
-245.56
-266.86
-252.53
-185.82
-190.81
-319.88
-174.05
-72.44
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-15,227.59
-4,943.03
-4,698.71
-3,948.03
-4,025.29
-5,642.88
-3,138.17
-3,210.54
-1,760.78
-816.12
Net Fixed Assets
-27.33
-5.18
-7.06
-0.33
0.00
-0.39
-0.69
0.00
-0.01
-0.73
Net Investments
-4,176.87
-2,308.88
-39.89
-477.87
-218.83
973.13
-3,174.91
32.01
-128.92
-2.65
Others
-11,023.39
-2,628.97
-4,651.76
-3,469.83
-3,806.46
-6,615.62
37.43
-3,242.55
-1,631.85
-812.74
Cash from Financing Activity
7,975.22
-543.24
923.22
-234.86
-744.65
1,250.40
38.04
1,589.18
-454.53
-721.66
Net Cash Inflow / Outflow
1,442.85
551.35
1.50
-86.28
-985.61
1,044.72
-508.75
576.95
-26.56
5.76
Opening Cash & Equivalents
742.06
190.64
189.05
263.68
1,232.99
188.25
609.09
13.36
9.12
3.09
Closing Cash & Equivalent
2,190.38
742.06
190.64
189.05
263.68
1,232.99
188.25
609.09
13.36
9.12

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
183.71
113.33
105.33
62.35
55.37
47.46
42.14
38.26
26.79
24.29
ROA
1.39%
2.13%
2.53%
2.72%
3.11%
1.96%
2.22%
7.38%
3.35%
3.17%
ROE
5.31%
9.80%
13.77%
19.09%
22.81%
14.34%
12.65%
31.95%
14.82%
19.68%
ROCE
7.74%
9.51%
10.49%
10.75%
10.89%
10.98%
9.99%
16.60%
12.39%
13.05%
Fixed Asset Turnover
0.48
0.37
0.34
0.33
0.33
0.41
0.38
0.36
0.27
0.20
Receivable days
61.14
56.95
34.44
33.79
37.02
27.53
24.48
20.70
23.60
52.42
Inventory Days
6.76
4.47
5.52
7.84
14.25
14.51
10.03
3.42
3.83
3.52
Payable days
0.00
0.00
0.00
0.00
0.00
71.47
45.74
7.52
4.57
13.18
Cash Conversion Cycle
67.90
61.42
39.96
41.63
51.27
-29.43
-11.23
16.60
22.87
42.76
Total Debt/Equity
1.82
2.93
2.91
4.79
4.89
5.27
5.08
1.72
3.05
3.21
Interest Cover
1.33
1.64
1.62
1.72
1.77
1.49
1.60
2.66
1.59
1.50

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • Adani Energy Solutions reports marginal fall in Q3 consolidated net profit
    23rd Jan 2026, 11:19 AM

    The company’s consolidated total income increased by 15.73% at Rs 6,944.44 crore for Q3FY26

    Read More
  • Adani Energy Solut. - Quarterly Results
    23rd Jan 2026, 00:00 AM

    Read More
  • Adani Energy Solutions incorporates company
    17th Jan 2026, 17:46 PM

    The company has incorporated a company namely ‘Nextgen Energy Networks’

    Read More
  • Adani Energy Solutions’ transmission network expands to 27,901 circuit kilometres in Q3
    13th Jan 2026, 12:50 PM

    The new order win boosted the transmission network, reflecting strong bidding capabilities and market potential

    Read More
  • Adani Energy Solutions’ arm incorporates subsidiary in GIFT City
    23rd Dec 2025, 11:53 AM

    The new entity has been incorporated to carry out the activities of Global Treasury Centre, as permitted under the IFSCA Regulations, 2021

    Read More
  • Adani Energy Solutions acquires KPS III HVDC Transmission
    15th Dec 2025, 10:30 AM

    This acquisition will further AESL's strategy for enhancing value for its shareholders through organic as well as inorganic opportunities

    Read More
  • Adani Energy Solutions bags LoI from PFC Consulting
    19th Nov 2025, 09:22 AM

    The project includes establishment of 2500 MW HVDC system between KPS III to South Olpad taking the company’s overall transmission network to 27,905 ckm and 97,236 MVA of transformation capacity

    Read More
  • Adani Energy Solutions signs agreement with RSWM
    5th Nov 2025, 18:09 PM

    AESL will manage the entire green power value chain for the additional power requirement of RSWM

    Read More
  • Adani Energy Solutions plans up to Rs 18,000 crore capital expenditure in FY26
    1st Nov 2025, 12:29 PM

    The company will have a capex of about Rs 10,000 crore for Navi Mumbai entire area, which will span over about five years

    Read More
  • Adani Energy Solutions reports 21% fall in Q2 consolidated net profit
    28th Oct 2025, 14:59 PM

    The consolidated total income of the company increased by 6.41% at Rs 6,767.15 crore for Q2FY26

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.