Adani Energy Solutions Ltd, Fundamental analysis

Adani Energy Solutions Ltd - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Power Generation & Distribution
Variance Full Year Net Profit Variance	-2
Equity Latest Equity	1201.28
Face Value Latest Face Value	10
Reserves Total Reserve	24226.26
Dividend Full Year Dividend %	0
Sales Turnover Full Year Net Sales	27588.03
Net Profit Full Year Net Profit	2239.8
Full Year CPS Full Year Cash Per Share	35.1
Earning Per Share Full Year Earning Per Share	18.6
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Jun 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	9711.08
Previous EPS Previous earnings per share	0
Book Value Book value	211.7
Networth Full Year Return on Networth	10.08
Price/Book Value Price to Book value	8.044402
Yearly PE ratio Full Year Price to Earning per share	91.3
Yearly PC ratio Full Year Price to Cash Per Share	48.5
Bse value BSE Value in lakhs	1771.71
Nse value NSE Value in lakhs	43846.68
High 52 week high	1789
Low 52 week low	745
Price NSE Current market price	1702
CPM Current market price	1703

Market cap BSE / NSE Market Cap	204584.44
Net profit Latest Quarter Net Profit	1149.06
Net profit variance Latest Quarter Net Profit variance	124
Result year Trailing latest month	Jun 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	20831.83
TTM OP Trailing Twelve 12 month Operating Profit	4895.96
TTM OPM Trailing Twelve 12 month Operating Profit Margin	23.5
TTM GP Trailing Twelve 12 month Gross Profit	5996.59
TTM GPM Trailing Twelve 12 month Gross Profit Margin	19.67
TTM NP Trailing Twelve 12 month Net Profit	1905.44
TTM NPV Trailing Twelve 12 month Net Profit Variane	21.81
TTM EPS Trailing Twelve 12 month EPS	24.3
TTM PE Trailing Twelve 12 month PE	70.08
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	1907.07
Equity Latest Equity	1201.28
LTP Latest Price (BSE/NSE)	1703
Gross block Latest Gross Block	59700.47
Loans Total loans	3343.82
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	28.8
Year GPM Full Year Gross Profit Margin	18.3
Quarter OPM Latest quater Operation Profit Margin	31

Quarterly Results (consolidated, figures in Rs Cr.)

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Sales	6,184	5,830	6,375	6,819	6,596	6,730	7,443	9,711
YOY Sales Growth %	68%	28%	35%	27%	7%	15%	17%	42%
Gross Sales	6,184	5,830	6,375	6,819	6,596	6,730	7,443	9,711
+ Expenses	4,469	4,170	4,335	5,009	4,640	4,734	5,298	6,703
Manufacturing Cost %	60%	62%	59%	67%	64%	62%	62%	66%
Employee Cost %	5%	4%	4%	3%	4%	5%	4%	2%
Other Cost %	8%	6%	6%	3%	3%	3%	5%	1%
Purchase of Finished Goods %	8%	6%	6%	3%	3%	3%	5%	1%
Power & Fuel %	28%	25%	21%	25%	24%	22%	20%	37%
Other Manufacturing Expenses %	31%	36%	38%	42%	40%	40%	41%	29%
Operating Profit	1,715	1,661	2,040	1,811	1,955	1,995	2,145	3,008
OPM %	28%	28%	32%	27%	30%	30%	29%	31%
+ Other Income	176	170	222	206	171	215	227	170
Miscellaneous Income	176	170	222	206	171	215	227	170
Interest	813	809	826	894	872	913	954	1,152
Depreciation	484	462	462	465	509	496	508	585
Profit before tax	594	559	974	658	746	801	910	1,441
+ Tax %	-30%	-12%	27%	18%	25%	28%	21%	14%
Current Tax	52	22	77	80	87	73	153	250
Deferred Tax	-231	-88	183	39	102	154	34	-46
+ Net Profit	773	625	714	539	557	574	723	1,237
Minority Interest (After Tax)	-98	-64	-67	-26	-23	-22	-39	-88
Net Profit After Minority Interest	675	562	647	512	534	552	684	1,149
EPS in Rs	6.09	4.85	5.50	4.27	4.44	4.60	5.69	9.57

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Sales	2,876	3,944	7,305	11,416	9,926	11,258	13,293	16,607	23,767	27,588
Sales Growth %		37%	85%	56%	-13%	13%	18%	25%	43%	16%
Gross Sales	2,879	3,944	7,305	11,416	9,170	10,436	12,715	16,607	23,767	27,588
Other Operating Income	0	0	0	0	756	822	577	0	0	0
+ Expenses	893	1,118	4,543	7,162	5,976	7,051	8,775	10,896	18,207	19,599
Manufacturing Cost %	27%	25%	47%	48%	47%	51%	53%	53%	58%	60%
Employee Cost %	2%	1%	8%	9%	9%	8%	7%	6%	4%	4%
Other Cost %	2%	2%	8%	6%	4%	4%	6%	7%	15%	7%
Purchase of Finished Goods %	26%	21%	11%	8%	8%	7%	6%	6%	6%	4%
Power & Fuel %	0%	0%	31%	32%	29%	34%	39%	33%	26%	23%
Other Manufacturing Expenses %	27%	25%	15%	15%	18%	16%	14%	20%	32%	37%
Selling & Administration %	1%	1%	6%	3%	3%	3%	3%	3%	2%	2%
Miscellaneous Expenses %	1%	1%	1%	4%	1%	1%	3%	4%	12%	5%
Operating Profit	1,983	2,826	2,762	4,254	3,950	4,206	4,518	5,711	5,561	7,989
OPM %	69%	72%	38%	37%	40%	37%	34%	34%	23%	29%
+ Other Income	22	111	351	265	1,115	1,286	1,583	611	679	737
Miscellaneous Income	22	111	368	265	1,115	1,302	1,583	667	679	819
Interest	904	886	1,391	2,238	2,117	2,365	2,781	2,767	3,259	3,633
Depreciation	569	579	882	1,174	1,329	1,427	1,608	1,776	1,906	1,978
Profit before tax	532	1,472	840	1,107	1,620	1,701	1,712	1,780	1,075	3,115
+ Tax %	22%	22%	33%	36%	20%	27%	25%	33%	14%	23%
Current Tax	116	328	192	214	187	244	261	299	195	393
Deferred Tax	0	1	89	186	143	221	170	285	-42	329
+ Net Profit	416	1,143	559	706	1,290	1,236	1,281	1,196	922	2,393
Profit Growth %		174%	-51%	26%	83%	-4%	4%	-7%	-23%	160%
Extraordinary Income / Expense	0	0	0	0	0	0	0	0	-1,506	0
Exceptional Item	0	0	0	0	0	0	0	0	-1,506	0
Minority Interest (After Tax)	0	0	0	35	-66	-31	-24	-58	138	-110
Net Profit After Minority Interest	416	1,143	559	742	1,224	1,205	1,256	1,137	1,060	2,283
EPS in Rs	3.79	10.39	5.08	6.42	11.73	11.24	11.48	10.72	7.67	19.92

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1,100	1,100	1,100	1,100	1,100	1,100	1,115	1,115	1,201	1,201
Reserves	1,847	3,108	3,535	4,120	4,990	5,757	10,634	11,526	20,867	24,226
+ Borrowings	8,975	10,428	20,137	24,246	27,095	29,902	34,270	37,070	39,926	49,176
Secured Borrowings	8,055	9,418	19,188	24,180	25,087	28,809	31,431	33,158	37,548	45,833
Unsecured Borrowings	920	1,011	949	66	2,008	1,093	2,839	3,912	2,378	3,344
+ Other Liabilities	890	2,629	7,787	10,246	10,049	10,705	7,913	8,827	11,908	18,153
Current Liabilities	783	1,133	4,048	5,605	4,654	6,672	7,660	8,660	11,899	17,845
Provisions	2	5	79	103	68	83	127	102	111	236
Minority Interest	0	0	0	1,062	1,104	1,094	1,127	1,062	943	1,098
Equity Application Money	0	1,849	3,408	3,279	2,830	3,056	0	0	0	0
Other liability items	251	285	1,148	1,507	1,710	1,546	1,232	1,655	2,229	2,745
Total Liabilities	12,811	17,265	32,558	39,711	43,234	47,464	53,932	58,538	73,902	92,757
+ Fixed Assets	9,853	9,291	24,412	24,924	26,987	30,272	32,645	38,920	39,555	46,804
Gross Block	10,982	11,000	27,001	28,685	32,072	36,769	40,733	48,781	50,504	59,700
Accumulated Depreciation	1,129	1,708	2,589	3,761	5,086	6,497	8,088	9,861	10,949	12,897
CWIP	1,343	2,353	694	2,212	5,255	5,060	6,200	3,003	5,702	2,054
Investments	105	0	336	313	442	561	1,370	766	2,638	2,644
+ Other Assets	1,510	5,621	7,117	12,262	10,550	11,572	13,716	15,849	26,007	41,256
Inventories	39	35	366	541	234	250	152	255	625	669
Trade receivables	190	258	722	1,000	1,014	1,071	1,438	3,745	4,218	5,734
Cash Equivalents	393	665	702	2,297	1,290	1,393	1,704	2,228	3,619	3,947
Loans n Advances	795	1,429	2,642	5,495	2,096	3,006	4,699	3,925	5,998	8,774
Other asset items	93	3,234	2,684	2,929	5,917	5,852	5,724	5,696	11,547	22,131
Total Assets	12,811	17,265	32,558	39,711	43,234	47,464	53,932	58,538	73,902	92,757

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Cash from Operating Activity	2,189	2,198	2,591	5,437	3,784	4,097	3,777	6,038	9,045	10,997
Profit from Operations	1,984	2,828	2,935	4,350	4,569	4,928	5,601	5,744	7,078	8,017
Working Capital Changes	378	-310	-153	1,273	-532	-564	-1,579	594	2,196	3,409
Profit Before Tax & Extraordinary Items	532	1,472	840	1,107	1,620	1,700	1,712	1,780	1,075	3,115
Depreciation	569	579	882	1,174	1,329	1,427	1,608	1,776	1,906	1,978
Interest (Net)	892	789	1,165	2,152	1,650	1,856	2,287	2,380	2,771	3,161
Profit / Loss on Sale of Assets	0	0	16	5	0	4	0	-4	-4	17
Profit / Loss on Sale of Investments	0	0	0	0	0	0	0	-136	0	-72
Provisions & Write-offs (Net)	0	0	8	71	25	-40	31	9	-29	-37
Profit / Loss in Forex	0	0	47	-88	0	1	0	0	1	1
Receivables	9	-25	85	-321	-39	-105	-395	-605	327	-1,502
Inventories	-15	3	-127	-180	313	-16	98	-103	-476	-44
Trade Payables	4	12	-98	406	-402	433	220	93	967	1,967
Direct Taxes Paid	-174	-320	-191	-186	-253	-267	-246	-300	-229	-429
+ Cash from Investing Activity	-1,730	-3,192	-3,050	-5,643	-4,009	-3,936	-4,699	-4,943	-15,222	-14,083
Purchase of Fixed Assets	-1,360	-961	-1,199	-2,763	-3,952	-4,191	-4,702	-5,430	-9,378	-14,432
Purchase of Investments	-76	0	-179	-84	-267	-122	-775	-16	-1,745	-16
Sale of Investments	0	117	0	121	171	0	0	683	0	128
Interest Received	9	15	265	145	501	498	467	345	550	407
Acquisition of Companies	0	-25	-1,535	-50	-563	-143	-37	-35	-2,582	-51
Others	-303	-2,337	-403	-3,012	101	22	348	-490	-2,067	-120
+ Cash from Financing Activity	-455	1,589	38	1,250	-745	-235	923	-543	7,626	2,630
Proceeds from Issue of Shares	0	1,800	1,254	1,910	0	0	3,850	0	8,373	0
Proceeds from Other Long-Term Borrowings	8,471	2,715	2,457	19,025	2,537	8,212	5,170	5,459	7,252	16,569
Proceeds from Short-Term Borrowings	5,370	3,263	7,028	4,652	731	0	731	361	0	455
Redemption of Debentures	0	0	0	-1,210	-680	0	0	0	0	0
Repayment of Long-Term Borrowings	-6,273	-2,045	-2,113	-15,686	-1,333	-5,564	-3,573	-3,141	-4,173	-10,455
Repayment of Short-Term Borrowings	-7,310	-3,192	-7,285	-5,084	0	-511	0	0	-915	0
Repayment of Financial Liabilities	0	0	0	-36	-35	-31	-26	-22	-20	-28
Dividend Paid	0	0	0	0	0	0	0	-86	0	0
Interest Paid	-713	-951	-1,320	-2,339	-1,977	-2,365	-2,213	-3,222	-2,977	-4,075
Others	0	-1	16	18	13	25	-3,016	107	85	164
Net Cash Flow	4	596	-421	1,045	-969	-75	2	551	1,448	-456