ADVAIT ENERGY TRANSITIONS LIMITED

About

Advait Energy Transitions Limited provides products and solutions for power transmission, substation, and telecommunication infrastructure sectors in India and internationally. It operates through the Power Transimission Service, and New and Renewable Energy segments. The company manufactures and supplies stringing tools, optical ground wires (OPGW), optical fibre ground cables, aluminum clad steel wires, emergency restoration systems, OPGW joint boxes, and joint boxes, as well as glass disk, porcelain, and composite insulators. It also provides stringing tools, including reel stands, pilot wire connectors, headboard/running boards, drum lifting jacks, swivel joints, hydraulic joint machines/compressors, joint protectors, mesh sock joints, turn tables for earth wire drum, rope pulleys/four sheave saggive pulleys/equalizer pulleys, hydraulic wire cutters, chain pulley blocks, tirfors, turn buckles, dynamometers, sag scopes, spacer cycles, ground rollers, ladders and working platforms, PP/nylon ropes, type D screw shackles, aluminum alloy gin poles, motorized power winch machines, and drum lifting jacks for OPGW. In addition, the company offers Alkaline and PEM electrolyser systems, fuel cell systems, hydrogen refuelling stations (HRS), hydrogen blending systems, and hydrogen storage units; transformers, power transmission lines, switchgears, and other equipment; transmission towers and hardware; turnkey telecommunication projects, tower solutions, and other related products; and re-conductoring HTLS. Advait Energy Transitions Limited was formerly known as Advait Infratech Limited and changed its name to Advait Energy Transitions Limited in October 2024. The company was founded in 2009 and is headquartered in Ahmedabad, India.

Key Metrics

as of Sep 2026

Market Cap2,354 Cr

P/E40.80

Div Yield0.09 %

Book Value₹254.00

52w High₹2,486.00

52w Low₹1,321.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	129.00	154.00	125.00	95.00	73.00	95.00	94.00	48.00	58.00	60.00	73.00	48.00	27.00
Expenses	108.00	131.00	104.00	80.00	62.00	81.00	79.00	38.00	50.00	49.00	60.00	40.00	24.00
Operating Profit	21.00	23.00	21.00	15.00	12.00	14.00	15.00	9.00	8.00	11.00	12.00	8.00	3.00
OPM %	16.00	15.00	17.00	16.00	16.00	15.00	16.00	20.00	14.00	18.00	17.00	17.00	13.00
Other Income	1.00	3.00	2.00	3.00	3.00	4.00	2.00	1.00	0.00	1.00	1.00	0.00	0.00
Depreciation	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00
Interest	4.00	4.00	5.00	3.00	3.00	4.00	2.00	2.00	1.00	2.00	2.00	1.00	1.00
Profit before tax	17.00	21.00	17.00	14.00	11.00	14.00	14.00	7.00	8.00	10.00	10.00	7.00	2.00
Tax %	25.00	26.00	27.00	26.00	24.00	32.00	26.00	22.00	24.00	26.00	25.00	25.00	31.00
Net Profit	13.00	15.00	13.00	10.00	8.00	10.00	10.00	6.00	6.00	7.00	8.00	5.00	1.00
EPS in Rs	11.54	14.09	11.44	9.42	7.40	8.96	9.62	5.17	5.71	7.02	7.58	4.88	1.43

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	448.00	295.00	207.00	103.00	72.00	58.00	40.00	28.00	43.00	29.00	11.00	11.00
Expenses	377.00	247.00	173.00	86.00	62.00	52.00	35.00	24.00	36.00	23.00	10.00	14.00
Operating Profit	71.00	48.00	35.00	17.00	10.00	6.00	5.00	4.00	7.00	6.00	1.00	-3.00
OPM %	16.00	16.00	17.00	17.00	13.00	11.00	13.00	15.00	16.00	21.00	12.00	-31.00
Other Income	10.00	7.00	2.00	2.00	1.00	1.00	2.00	0.00	2.00	1.00	1.00	5.00
Interest	15.00	10.00	7.00	2.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00
Depreciation	3.00	3.00	2.00	3.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	62.00	43.00	29.00	14.00	10.00	7.00	6.00	4.00	9.00	7.00	2.00	2.00
Tax %	26.00	27.00	26.00	26.00	26.00	27.00	27.00	27.00	26.00	33.00	32.00	32.00
Net Profit	46.00	31.00	21.00	10.00	7.00	5.00	4.00	3.00	6.00	4.00	1.00	1.00
EPS in Rs	42.26	29.10	20.91	9.80	6.99	4.73	5.85	3.80	—	—	—	—
Dividend Payout %	5.00	6.00	7.00	0.00	7.00	11.00	13.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	11.00	11.00	10.00	10.00	5.00	5.00	4.00	4.00	0.01	0.01	0.01	0.01
Reserves	250.00	189.00	64.00	42.00	36.00	30.00	20.00	16.00	17.00	10.00	6.00	5.00
Borrowings	94.00	70.00	38.00	13.00	6.00	0.00	2.00	1.00	1.00	1.00	0.00	2.00
Other Liabilities	225.00	98.00	53.00	41.00	23.00	16.00	14.00	16.00	16.00	12.00	8.00	6.00
Total Liabilities	580.00	367.00	165.00	106.00	71.00	51.00	41.00	37.00	33.00	23.00	14.00	12.00
Fixed Assets	58.00	37.00	27.00	21.00	3.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00
CWIP	53.00	2.00	1.00	1.00	13.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	64.00	78.00	12.00	11.00	11.00	11.00	11.00	11.00	15.00	9.00	4.00	1.00
Other Assets	406.00	250.00	125.00	73.00	44.00	38.00	28.00	23.00	16.00	12.00	9.00	10.00
Total Assets	580.00	367.00	165.00	106.00	71.00	51.00	41.00	37.00	33.00	23.00	14.00	12.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash from Operating Activity	6.00	50.00	-8.00	12.00	7.00	-1.00	2.00	0.00
Cash from Investing Activity	-60.00	-73.00	-7.00	-7.00	-14.00	0.00	0.00	0.00
Cash from Financing Activity	75.00	90.00	18.00	3.00	4.00	5.00	0.00	0.00
Net Cash Flow	21.00	67.00	4.00	8.00	-3.00	4.00	2.00	1.00
Free Cash Flow	-70.00	36.00	-15.00	5.00	-7.00	-1.00	2.00	1.00
CFO/OP %	27.00	124.00	-5.00	86.00	90.00	16.00	70.00	6.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	107.00	97.00	70.00	99.00	129.00	115.00	93.00	133.00	98.00	104.00	73.00	160.00
Inventory Days	30.00	35.00	61.00	76.00	44.00	30.00	30.00	14.00	7.00	12.00	97.00	0.00
Days Payable	205.00	172.00	132.00	220.00	148.00	134.00	195.00	139.00	153.00	169.00	285.00	—
Cash Conversion Cycle	-68.00	-40.00	-1.00	-46.00	25.00	10.00	-72.00	8.00	-48.00	-54.00	-115.00	160.00
Working Capital Days	-22.00	6.00	16.00	-9.00	55.00	63.00	38.00	61.00	24.00	43.00	88.00	197.00
ROCE %	25.00	28.00	40.00	28.00	25.00	23.00	27.00	23.00	63.00	79.00	28.00	37.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	66.76	66.80	66.80	66.81	67.45	69.46	69.46	69.44	73.47	73.53	73.53	73.53
FIIs	0.68	0.21	0.02	0.00	0.00	0.00	0.00	0.01	0.01	0.00	0.00	0.00
DIIs	0.04	0.13	0.35	0.57	0.72	0.31	0.00	0.00	0.00	0.00	0.00	0.00
Public	32.51	32.84	32.82	32.63	31.84	30.22	30.55	30.56	26.52	26.48	26.48	26.48
No. of Shareholders	33,709	33,066	33,123	32,571	29,389	25,560	24,660	21,644	16,899	11,926	6,325	4,165

Corporate Actions

6 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	12 Sep 2025	12 Sep 2025	—	1.75
Dividend	23 Sep 2024	23 Sep 2024	—	1.50
Bonus	28 Dec 2022	28 Dec 2022	1:1	—
Other	07 Dec 2022	—	—	—	E.G.M.
Dividend	20 Jun 2022	21 Jun 2022	—	1.00
Dividend	13 Sep 2021	14 Sep 2021	—	1.00