Subscribe

Adani Energy Solutions Limited (ADANIENSOL.NS)

INR1,690.30 +45.70 (+2.78%)
IN NSE Utilities Independent Power Producers
Address Adani Corporate House 382421
Ahmedabad, IN
CEO Kandarp Patel
IPO 2023-08-16
ISIN INE931S01010

Explore sections of this company profile

Also trades on Bombay Stock Exchange · ADANIENSOL.BO (INR) National Stock Exchange of India · ADANIENSOL.NS (INR) National Stock Exchange of India · ADANITRANS.NS (INR)
Description

Adani Energy Solutions Limited (AESL), along with its affiliated entities, plays a significant role in India's energy landscape, encompassing the generation, transmission, and distribution of electrical power. The company's diverse operations are organized across its Transmission, Trading, and GTD Business divisions. A primary focus involves the comprehensive development, deployment, ongoing management, and upkeep of electric power transmission networks. Beyond its core power activities, AESL also trades in precious metals and agricultural products. Furthermore, it creatively leverages its existing transmission infrastructure by installing optical ground wire fibers to offer telecommunications services to various clients, including telecom operators, internet service providers, and long-distance communication firms. Established in 2006 and based in Ahmedabad, India, the company functions as a subsidiary of the S.B. Adani Family Trust. It adopted its current name, Adani Energy Solutions Limited, in July 2023, having previously been known as Adani Transmission Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
INR1,690.30 +45.70 (+2.78%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
4M
Beta
0.85
Float Shares
313.53M
Free Float %
26.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.74% +9.56% +12.74% +49.60% +52.16% +47.30% +74.50% +88.15% +2.69% +4,734.82% +5,382.97%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,690.30
Ratings Trend (MoM) 75% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 3 -3
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.22
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Independent Power Producers: +3.4%
    +16.1% Q1'26: +16.8% (vs Q1'25)
  • EPS growth Independent Power Producers: -2.8%
    +109.8% Q1'26: +3.5% (vs Q1'25)
  • FCF margin FCF growth · Independent Power Producers: +37.9%
    +20.9% Q1'26: -37.5% (vs Q1'25)
  • EBIT margin Independent Power Producers: +18.7%
    +24.5% Q1'26: +25.0% (vs Q1'25)
  • ROIC Independent Power Producers: +4.3%
    +7.5% Q1'26: +8.1% (vs Q1'25)
  • Share dilution Independent Power Producers: +0.0%
    +7.7% Q1'26: +2.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Independent Power Producers: 3.09×
    5.64× Q1'26: 5.18× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.87) × ERP
WACC = 79% × Ke + 21% × Kd (7.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1,690.30
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
7 Rev. Ana.
6 EPS Ana.
Mar 2027
5 Rev. Ana.
6 EPS Ana.
Mar 2028
6 Rev. Ana.
7 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Revenue
21.97B
est: 20.61B (+6.6%)
28.76B
est: 27.85B (+3.3%)
39.44B
est: 30.72B (+28.4%)
73.05B
est: 34.89B (+109.4%)
114.16B
est: 107.63B (+6.1%)
99.26B
est: 111.66B (-11.1%)
112.58B
est: 120.13B (-6.3%)
132.93B
est: 128.37B (+3.6%)
166.08B
est: 171.82B (-3.3%)
237.68B
est: 223.26B (+6.5%)
274.93B
249.30B – 292.25B
+23.1% YoY
355.51B
309.66B – 380.82B
+29.3% YoY
424.39B
362.73B – 485.31B
+19.4% YoY
467.86B
464.01B – 471.70B
+10.2% YoY
608.50B
524.55B – 676.09B
+30.1% YoY
642.77B
554.09B – 714.16B
+5.6% YoY
EBITDA
19.27B
est: 7.58B (+154.1%)
19.84B
est: 10.25B (+93.6%)
28.26B
est: 11.30B (+150.0%)
27.79B
est: 12.84B (+116.5%)
44.76B
est: 39.61B (+13.0%)
39.26B
est: 41.09B (-4.4%)
41.75B
est: 44.20B (-5.5%)
46.71B
est: 47.24B (-1.1%)
61.33B
est: 60.50B (+1.4%)
83.85B
est: 78.62B (+6.7%)
96.81B
87.78B – 102.91B
+23.1% YoY
125.18B
109.04B – 134.10B
+29.3% YoY
149.44B
127.73B – 170.89B
+19.4% YoY
164.74B
163.39B – 166.10B
+10.2% YoY
214.27B
184.71B – 238.07B
+30.1% YoY
226.34B
195.11B – 251.47B
+5.6% YoY
EBIT
13.67B
est: 5.32B (+156.9%)
14.15B
est: 7.19B (+96.7%)
22.47B
est: 7.93B (+183.3%)
19.01B
est: 9.01B (+111.0%)
33.39B
est: 27.79B (+20.1%)
26.36B
est: 28.83B (-8.6%)
27.98B
est: 31.02B (-9.8%)
31.22B
est: 33.14B (-5.8%)
44.27B
est: 43.64B (+1.4%)
65.49B
est: 56.71B (+15.5%)
69.84B
63.32B – 74.24B
+23.1% YoY
90.30B
78.66B – 96.73B
+29.3% YoY
107.80B
92.14B – 123.27B
+19.4% YoY
118.84B
117.87B – 119.82B
+10.2% YoY
154.57B
133.24B – 171.73B
+30.1% YoY
163.27B
140.75B – 181.41B
+5.6% YoY
Net Income
3.68B
est: 3.57B (+3.1%)
4.16B
est: 3.64B (+14.3%)
11.43B
est: 4.35B (+162.7%)
5.59B
est: 6.69B (-16.4%)
7.42B
est: 8.49B (-12.6%)
12.24B
est: 10.26B (+19.3%)
12.05B
est: 11.27B (+6.9%)
12.56B
est: 12.94B (-2.9%)
11.37B
est: -3.52B (+423.2%)
10.60B
est: 17.13B (-38.1%)
22.83B
22.76B – 29.71B
+33.2% YoY
30.84B
29.60B – 44.48B
+35.1% YoY
37.02B
29.49B – 71.82B
+20.0% YoY
58.33B
48.72B – 67.94B
+57.5% YoY
97.10B
79.68B – 111.12B
+66.5% YoY
102.27B
83.92B – 117.03B
+5.3% YoY
SGA
376.30M
est: 1.43B (-73.6%)
536.40M
est: 1.93B (-72.2%)
505.90M
est: 2.13B (-76.2%)
6.20B
est: 2.42B (+156.7%)
9.94B
est: 7.46B (+33.4%)
9.73B
est: 7.73B (+25.8%)
9.21B
est: 8.32B (+10.6%)
8.15B
est: 8.89B (-8.3%)
9.91B
est: 8.53B (+16.2%)
10.82B
est: 11.09B (-2.4%)
13.65B
12.38B – 14.51B
+23.1% YoY
17.65B
15.38B – 18.91B
+29.3% YoY
21.08B
18.01B – 24.10B
+19.4% YoY
23.23B
23.04B – 23.42B
+10.2% YoY
30.22B
26.05B – 33.57B
+30.1% YoY
31.92B
27.52B – 35.47B
+5.6% YoY
EPS
3.35
est: 3.20 (+4.7%)
3.79
est: 3.27 (+16.1%)
9.94
est: 3.90 (+154.9%)
2.30
est: 6.00 (-61.7%)
3.26
est: 7.61 (-57.2%)
9.02
est: 9.20 (-2.0%)
8.90
est: 10.10 (-11.9%)
11.10
est: 11.60 (-4.3%)
10.20
est: -3.15 (+423.4%)
9.05
est: 14.51 (-37.6%)
21.96
18.94 – 24.72
+51.4% YoY
29.75
24.63 – 37.01
+35.5% YoY
36.36
24.54 – 59.77
+22.2% YoY
49.40
40.54 – 56.53
+35.9% YoY
80.80
66.31 – 92.47
+63.6% YoY
85.10
69.84 – 97.39
+5.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-27 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-26 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-25 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-22 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-21 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-20 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-19 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-18 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-15 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-14 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-13 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-12 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-11 C 2/5 1/5 3/5 3/5 1/5 1/5 1/5
2026-05-08 C 2/5 1/5 3/5 3/5 2/5 1/5 1/5
2026-05-07 C 2/5 1/5 3/5 3/5 2/5 1/5 1/5
2026-05-06 C 2/5 1/5 3/5 3/5 2/5 1/5 1/5
2026-05-05 C 2/5 1/5 3/5 4/5 1/5 1/5 1/5
2026-05-04 C 2/5 1/5 3/5 4/5 1/5 1/5 1/5
2026-04-30 C 2/5 1/5 3/5 4/5 1/5 1/5 1/5
2026-04-29 C 2/5 1/5 3/5 4/5 1/5 1/5 1/5
2026-04-28 C 2/5 1/5 3/5 4/5 1/5 1/5 1/5
2026-04-27 C 2/5 1/5 3/5 4/5 1/5 1/5 1/5
2026-04-24 C 2/5 1/5 3/5 4/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
192.72B
OE per share TTM
164.59
Owner's Yield
10.60%
Maintenance CapEx ratio
1,592.96%
Maint CapEx / Avg PPE
227.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
13.61M
Shares Outstanding
1.20B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Anil Kumar Sardana AICWA PGDBM MD & Executive Director male
Gautambhai Shantilal Adani Founder & Executive Chairman male
Jaladhi Atulchand Shukla Compliance Officer & Company Secretary male
Jaladhi Shukla Compliance Officer & Company Secretary male
Kandarp Patel Chief Executive Officer & Whole-time Director male
Kunjal Mehta Chief Financial Officer male
Nitin Mittal Head of Talent Acquisition male
Raj Kumar Jain Head of Energy Solutions and C&I male
Rajeshbhai Shantilal Adani Executive Director male
Venkata Rama Srinivas Gutta Chief Digital Officer
Vijil Jain Lead Investor Relations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits