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Adani Energy Solutions Ltd.
ADANIENSOLLarge CapNSEBSE
Utilities · Power
₹1,470.00down 111.40down 7.04 percentas of 31 Aug 2026
Book value ₹196.79
Key metrics
- Market Cap
- 1,78,918.24 ₹ cr
- P/E
- 83.23 x
- P/B
- 7.47 x
- ROE
- 7.00%
- ROCE
- 9.16%
- Debt to Equity
- 0.20 x
- Net Margin
- 18.98%
- Dividend Yield
- —
- Revenue Growth (YoY)
- 42.41%
Observations
Mechanical observations generated from stored data, not analysis or opinion. Each one names the threshold that produced it — the ROCE check below uses 20%, a fixed default rather than a value tailored to this company.
- ROCE below 20% in each of the last 3 financial years (2023-2024, 2024-2025, 2025-2026).
- Revenue grew year-on-year in each of the last 3 years.
- Net margin declined year-on-year in 2 of the last 3 years.
- Promoter holding 73.4% (pledge data not available).
- Debt-to-equity 0.20 — below the Power median of 0.49.
ADANIENSOL
₹1,470.00down 7.04 percent
EOD Synced: 31 Aug 2026 18:30 ISTOverview & Live Price Chart
Executive Investment Verdict & Quality Synthesis
Autonomous V2Multi-dimensional quantitative synthesis across capital efficiency, forensic accounting, intrinsic valuation, and ownership governance.
Factual Quantitative Consensus
1. Capital Efficiency & MoatCapital Intensive
7.87%ROCE
ROE: 8.78%·P/B: 7.47x
2. Forensic Health & SolvencyPiotroski 7/9 · Strong Health
7/9Piotroski Score
Altman: 1.6 (Grey Zone)
3. Valuation & DCF Spread+96.3% Margin of Safety
₹2,885DCF Fair Value
CMP: ₹1,470.0
4. Ownership & GovernanceClean Promoter Holding
73.39%Promoter Stake
Pledged: 0.0%·Inst: 19.14%
Institutional Factor Scores
QVGM Factor Grade Matrix
Institutional Multi-Factor Profile (QVGM)
Composite 0–100 percentile ranks normalized across all 500 universe constituents
Rank #9 of 19 in UtilitiesQVGM 50/100
Quality (Q)42
ROE, ROCE, Margins & Cash Conversion
Value (V)25
P/E, P/B, EV/EBITDA vs Sector Benchmarks
Growth (G)72
3Y Sales & EPS Compounded Growth
Momentum (M)64
Relative Strength & Trend Position
TheScreener Radar™ 5-Pillar Quantitative Scorecard
Holistic quantitative radar evaluating fundamental quality, valuation multiples, balance sheet health, growth, and price momentum
Sector Rank:Rank #9 of 19 in Utilities
Valuation
Weak25/100
P/E Ratio:83.23x
P/B Ratio:7.47x
Dividend Yield:0.00%
P/E, P/B, EV/EBITDA & Dividend Yield relative to 5Y medians and sector
Growth
Strong72/100
3Y Sales CAGR:—
3Y PAT CAGR:—
Quarterly YoY:+12.4%
3-Year Compounded Sales & Net Profit Growth trajectory
Profitability
Moderate42/100
ROE:8.8%
ROCE:7.9%
OPM %:—
Return on Equity (ROE), ROCE & Operating Margin efficiency
Solvency & Health
Strong78/100
Piotroski F-Score:7/9
Altman Z-Score:1.56
Debt / Equity:0.00
Balance Sheet strength, Altman Z-Score & Piotroski F-Score checklist
Momentum
Moderate64/100
1Y Return:—
RSI (14):54.2
From 52W High:—
1-Year Relative Strength vs NIFTY 500, RSI-14 & 52W High distance
Quantitative Drivers & Growth Analysis
52-week corridor, deep valuation multiples, compounded CAGR trajectory, and institutional flow shifts
52-Week Low₹755.95
From 52W High-15.59%
52-Week High₹1,741.60
Valuation MultiplesCash Flow & Yield
PEG Ratio5.02
Earnings Yield6.43%
Price / FCF—
FCF Yield-13.16%
Payout Ratio—
Net-Net Ratio-130.36
Solvency & SafetyPiotroski & Altman
Piotroski F-Score7/9
Altman Z-Score1.56
Graham Number₹647.07
1Y Flow & Margin ShiftsTrailing 12M
FII Stake:▲ +0.17%
DII Stake:▲ +0.75%
OPM Margin:▲ +6.47%
Net Margin:▲ +3.74%
Compounded Annual Growth Rate (CAGR Matrix)
Historical Fundamental Trajectory| Metric | QoQ Shift | YoY Shift | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Revenue Growth | ▲ +30.47% | ▲ +42.41% | 16.08% | 27.56% | 22.68% |
| Net Profit Growth | ▲ +90.03% | ▲ +132.79% | 115.92% | 21.27% | 14.59% |
| EPS Growth | ▲ +68.19% | ▲ +124.12% | -3.49% | 16.60% | 11.41% |
Intrinsic Valuation Models & DCF Sensitivity
Institutional DCF & Intrinsic Valuation Studio — ADANIENSOL
2-Stage Discounted Cash Flow, Reverse DCF Implied Growth, and Benjamin Graham & Peter Lynch valuation benchmarks.
DCF Intrinsic Fair Value
₹2,963.8
Verdict:Undervalued (+101.6%)
Benjamin Graham Number
₹301.6
-79.5% vs CMPPeter Lynch Fair Value
₹95.5
-93.5% vs CMPReverse DCF Implied Growth
-20.0% CAGR
Modest Expectations (High Margin of Safety)Valuation Spectrum PositioningCMP: ₹1,470.0
₹0 (Distress)CMP: ₹1,470DCF: ₹2,964Graham: ₹302
Scenario Calibration & Sensitivity Levers
Tune Discount Rate (WACC), 5-Year Growth, and Terminal Value to model bear, base, and bull cases.
Discount Rate (WACC)11.5%
Cost of Capital Hurdle
5-Year FCF Growth CAGR6.0%
Assumed stage-1 cash flow expansionTerminal Growth Rate4.5%
Long-term perpetual GDP growth rate5-Year Projected Cash Flow Schedule (₹ Cr)
| Projection Period | Growth Rate | Projected FCF | Discount Factor | Present Value |
|---|---|---|---|---|
| Year 1 | 6% | ₹26,954 | 0.8969 | ₹24,174 |
| Year 2 | 6% | ₹28,571 | 0.8044 | ₹22,982 |
| Year 3 | 6% | ₹30,286 | 0.7214 | ₹21,848 |
| Year 4 | 6% | ₹32,103 | 0.6470 | ₹20,770 |
| Year 5 | 6% | ₹34,029 | 0.5803 | ₹19,746 |
2D Sensitivity Matrix (WACC vs Terminal Growth Rate)
Click any cell to apply WACC & terminal growth scenario. Values in ₹ / share.| WACC \ g(Terminal) | 3.0% | 4.0% | 4.5% | 5.0% | 6.0% |
|---|---|---|---|---|---|
| 10.0% | ₹3135 +113% | ₹3595 +145% | ₹3888 +165% | ₹4240 +188% | ₹5208 +254% |
| 11.0% | ₹2686 +83% | ₹3019 +105% | ₹3225 +119% | ₹3464 +136% | ₹4086 +178% |
| 11.5% | ₹2502 +70% | ₹2789 +90% | ₹2964 +102% | ₹3165 +115% | ₹3678 +150% |
| 12.0% | ₹2338 +59% | ₹2588 +76% | ₹2738 +86% | ₹2909 +98% | ₹3338 +127% |
| 13.0% | ₹2059 +40% | ₹2252 +53% | ₹2366 +61% | ₹2493 +70% | ₹2804 +91% |
Discounted cash flow (DCF) and valuation models are quantitative projections based on user-supplied assumptions — not a forecast, not a guarantee of future performance, and not SEBI-registered investment advice. Actual financial performance and stock price movements may differ materially.
New to intrinsic valuation models? Learn how Discounted Cash Flow and Terminal Growth rates work.Read DCF Academy Guide →
Valuation history
P/E83.23current
ReportedComputed, approximate
P/B7.47current
ReportedComputed, approximate
The dashed line is computed from historical close price divided by the most recently reported annual EPS or book value — not IndianAPI's own figure, which only ever gives a single current reading with no history behind it. Real results are typically disclosed several weeks after the fiscal year ends, so a computed point right around a year transition can lag what the market actually knew that day. The solid line is the real reported figure.
EV/EBITDA is not shown — there is no verified source for it in our data feed, and estimating it would misrepresent an estimate as a reported figure.
| Date | P/E | P/B |
|---|---|---|
| 31 Aug 2026 | 83.23 | 7.47 |
Analyst Consensus, Price Targets & Forecasts
Analyst Consensus & Recommendations
Aggregated institutional equity research ratings · 31 Aug 2026
Buy(2.00 / 5)
Strong Buy:3
Buy:4
Hold:3
Sell:0
Strong Sell:0
Coverage: 10 contributing analystsScale: 1 (Strong Buy) – 5 (Strong Sell)
Ratings shown are third-party analyst estimates compiled from institutional brokers. They do not constitute investment advice.
Risk Profile & Volatility
Statistical return volatility classification · 31 Aug 2026
Balanced risk
Low RiskModerate RiskHigh Risk
Annualised Standard Deviation:38.68%
Analyst Price Targets
12-month forward price consensus · 31 Aug 2026
Upside: +19.39%
Mean Target₹1,755.00vs CMP ₹1,470.00
High Target₹2,060.00+40.1% max upside
Low Target₹1,434.00-2.4% downside
Median Target₹1,786.0010 estimates
Low: ₹1,434.00Mean: ₹1,755.00High: ₹2,060.00
Mean Target Current Price (₹1,470.00)
Price targets are third-party analyst estimates compiled from institutional brokers. They do not constitute investment advice.
Forward Financial Forecasts & Consensus Estimates
Institutional broker consensus estimates and forward earnings trajectory
FY2024EConsensus
Mean Estimate
—
Low:—
High:—
FY2024EConsensus
Mean Estimate
—
Low:—
High:—
FY2024EConsensus
Mean Estimate
—
Low:—
High:—
FY2024EConsensus
Mean Estimate
—
Low:—
High:—
FY2025E1 Analysts
Mean Estimate
₹7.26
Low:—
High:—
FY2025E1 Analysts
Mean Estimate
₹8.71
Low:—
High:—
FY2025EConsensus
Mean Estimate
—
Low:—
High:—
FY2025E1 Analysts
Mean Estimate
₹6.39
Low:—
High:—
FY2026E1 Analysts
Mean Estimate
₹5.27
Low:—
High:—
FY2026EConsensus
Mean Estimate
—
Low:—
High:—
FY2026E2 Analysts
Mean Estimate
₹6.34
Low:—
High:—
FY2026EConsensus
Mean Estimate
—
Low:—
High:—
FY2027E1 Analysts
Mean Estimate
₹6.27
Low:₹6.00
High:₹6.00
FY2027E1 Analysts
Mean Estimate
₹8.46
Low:₹8.00
High:₹8.00
FY2027E2 Analysts
Mean Estimate
₹9.44
Low:—
High:—
FY2027E1 Analysts
Mean Estimate
₹7.46
Low:₹7.00
High:₹7.00
FY2028E1 Analysts
Mean Estimate
₹9.11
Low:₹9.00
High:₹9.00
FY2028E1 Analysts
Mean Estimate
₹8.83
Low:₹8.00
High:₹8.00
FY2028E1 Analysts
Mean Estimate
₹9.47
Low:₹9.00
High:₹9.00
FY2028E1 Analysts
Mean Estimate
₹8.49
Low:₹8.00
High:₹8.00
| Period / Fiscal Year | Consensus Mean | Bull Case (High) | Bear Case (Low) | Brokers |
|---|---|---|---|---|
| FY2024 Forecast | — | — | — | — |
| FY2024 Forecast | — | — | — | — |
| FY2024 Forecast | — | — | — | — |
| FY2024 Forecast | — | — | — | — |
| FY2025 Forecast | ₹7.26 | — | — | 1 |
| FY2025 Forecast | ₹8.71 | — | — | 1 |
| FY2025 Forecast | — | — | — | — |
| FY2025 Forecast | ₹6.39 | — | — | 1 |
| FY2026 Forecast | ₹5.27 | — | — | 1 |
| FY2026 Forecast | — | — | — | — |
| FY2026 Forecast | ₹6.34 | — | — | 2 |
| FY2026 Forecast | — | — | — | — |
| FY2027 Forecast | ₹6.27 | ₹6.00 | ₹6.00 | 1 |
| FY2027 Forecast | ₹8.46 | ₹8.00 | ₹8.00 | 1 |
| FY2027 Forecast | ₹9.44 | — | — | 2 |
| FY2027 Forecast | ₹7.46 | ₹7.00 | ₹7.00 | 1 |
| FY2028 Forecast | ₹9.11 | ₹9.00 | ₹9.00 | 1 |
| FY2028 Forecast | ₹8.83 | ₹8.00 | ₹8.00 | 1 |
| FY2028 Forecast | ₹9.47 | ₹9.00 | ₹9.00 | 1 |
| FY2028 Forecast | ₹8.49 | ₹8.00 | ₹8.00 | 1 |
Third-party broker forecasts compiled from institutional research houses, not IndiScreener's proprietary estimates. Provided strictly for analytical benchmarking and does not constitute investment advice.
Forensic Accounting Audit & Solvency Risk
Accounting Health & Governance Quality Radar
Algorithmic accounting analysis across balance sheet solvency, cash conversion efficiency, and ownership stability.
Clean Governance & Solvency
Financial Strengths & Catalysts
4 Factors- •Company has demonstrated healthy revenue growth of 27.6% CAGR over 3 years.
- •Net profit has grown at an impressive 21.3% CAGR over 3 years.
- •Strong cash generation: Operating Cash Flow is 492.5% of reported Net Profit.
- •High promoter holding of 73.4% with zero encumbrance / pledge.
Risk Factors & Watchouts
3 Watchouts- •Return on Equity (ROE) is currently modest at 8.8%.
- •Company has elevated financial leverage with Debt-to-Equity of 1.93x.
- •Stock is trading at an elevated valuation multiple of 83.2x P/E.
Forensic Accounting & Health Audit
Piotroski F-Score, Altman Z-Score Distress Model & Beneish Earnings Manipulation Checks
Piotroski F-Score7 / 9
● Strong (High Quality)
Altman Z-Score1.56
● Grey Zone
Moderate risk; company exhibits average leverage and liquidity.
Beneish M-Score-3.06
● Low Risk (Clean Accounting)
Cash flows closely match reported earnings with conservative accruals.
Learn how Piotroski F-Score (9 criteria) and Altman Z-Score detect earnings manipulation and bankruptcy risk.Read Forensic Guide →
10-Year Financial Statements & DuPont ROE
Financial Statements
consolidated · amounts in ₹ Crores
Accounting Flow:
Wall Street Cash Flow & Free Cash Flow (FCF) Cascade
FY26 (2025-2026)3-Stage institutional flow from reported earnings to owner Free Cash Flow and capital allocation
FCF Conversion Rate (FCF / PAT)
-153.8%Low Cash Conversion
Measures how much reported accounting profit turns into real liquid cash.
Free Cash Flow Margin
-12.5%of Gross Revenue
Liquid cash retained per ₹100 of top-line revenue generated.
CapEx Reinvestment Rate
131.2%of Operating Cash
Portion of operating cash reinvested in future capacity and maintenance.
Reported Net Profit (PAT)₹2,233 CrInflow
2,233
+ D&A Non-Cash Charge₹1,981 CrAdd-back
1,981
Working Capital Adjustment₹6,783 Cr+ Cash
6,783
= Operating Cash Flow (CFO)₹10,997 CrOperating Cash
10,997
- Capital Expenditures (CapEx)-₹14,432 CrReinvestment
14,432
= Free Cash Flow (FCF)-₹3,435 CrFree Cash Flow
3,435
- Dividends & Debt Repayment-₹491 CrCapital Return
491
= Net Change in Cash-₹3,926 CrNet Balance
3,926
Multi-Year Historical FCF vs Reported PAT Trajectory:
Free Cash Flow (FCF) Reported Net Profit (PAT)
| Metric | 2014-201531 Mar 2015 | 2015-201631 Mar 2016 | 2016-201731 Mar 2017 | 2017-201831 Mar 2018 | 2018-201931 Mar 2019 | 2019-202031 Mar 2020 | 2020-202131 Mar 2021 | 2021-202231 Mar 2022 | 2022-202331 Mar 2023 | 2023-202431 Mar 2024 | 2024-202531 Mar 2025 | 2025-202631 Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | ₹13,794.02 | ₹11,415.96 | ₹9,926.33 | ₹11,257.52 | ₹13,292.72 | ₹16,607.36 | ₹23,767.09 | ₹27,588.03 |
| Operating profit | — | — | — | — | ₹2,758.80 | ₹3,106.06 | ₹3,209.40 | ₹3,468.29 | ₹3,964.51 | ₹3,965.89 | ₹3,701.41 | ₹6,082.59 |
| OPM | — | — | — | — | 20.00% | 27.21% | 32.33% | 30.81% | 29.82% | 23.88% | 15.57% | 22.05% |
| Net profit | — | — | — | — | ₹1,116.46 | ₹599.13 | ₹1,130.14 | ₹1,233.29 | ₹1,252.12 | ₹1,141.10 | ₹1,034.14 | ₹2,232.92 |
| EPS | — | — | — | — | 9.14 | 6.79 | 11.13 | 10.95 | 12.05 | 10.27 | 19.79 | 19.10 |
| Net margin | — | — | — | — | 8.09% | 5.25% | 11.39% | 10.96% | 9.42% | 6.87% | 4.35% | 8.09% |
| ROE | — | — | — | — | 13.38% | 7.05% | 12.67% | 12.44% | 10.66% | 9.03% | 4.69% | 8.78% |
| ROCE | 1.00% | 13.00% | 12.00% | 17.00% | 24.91% | 9.18% | 8.78% | 8.35% | 8.45% | 7.84% | 5.79% | 7.87% |
| Debt / equity | — | — | — | — | 0.33 | 2.87 | 3.04 | 3.02 | 2.92 | 2.93 | 1.83 | 1.93 |
Compounded growth (CAGR)
| Metric | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|
| Revenue | 16.08% | 27.56% | 22.68% | — |
| Net profit | 115.92% | 21.27% | 14.59% | — |
| EPS | -3.49% | 16.60% | 11.41% | — |
Each column only appears when 12 real reported years actually support it — never extrapolated from fewer.
Balance sheet
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | — | — | — | ₹15,173.42 | ₹39,711.19 | ₹43,233.58 | ₹47,464.11 | ₹53,931.75 | ₹58,578.81 | ₹73,960.10 | ₹92,834.92 |
| Total liabilities | — | — | — | — | ₹6,828.04 | ₹31,212.23 | ₹34,314.30 | ₹37,551.29 | ₹42,182.58 | ₹45,937.26 | ₹51,891.90 | ₹67,407.38 |
| Total equity | — | — | — | — | ₹8,345.38 | ₹8,498.96 | ₹8,919.28 | ₹9,912.82 | ₹11,749.17 | ₹12,641.55 | ₹22,068.20 | ₹25,427.54 |
| Total debt | — | — | — | — | ₹2,731.22 | ₹24,391.08 | ₹27,094.96 | ₹29,901.79 | ₹34,270.03 | ₹37,069.65 | ₹40,275.28 | ₹49,176.43 |
| Cash | — | — | — | — | ₹1,820.81 | ₹926.94 | ₹203.08 | ₹175.77 | ₹167.11 | ₹240.71 | ₹615.94 | ₹915.77 |
| Current assets | — | — | — | — | ₹6,828.04 | ₹8,685.43 | ₹4,999.44 | ₹5,642.62 | ₹8,906.86 | ₹9,618.12 | ₹16,674.12 | ₹19,841.68 |
| Current liabilities | — | — | — | — | ₹3,793.35 | ₹5,886.27 | ₹6,688.63 | ₹5,928.24 | ₹7,017.29 | ₹8,016.68 | ₹10,016.40 | ₹15,567.85 |
| Inventory | — | — | — | — | ₹1,379.40 | ₹834.50 | ₹603.98 | ₹446.40 | ₹279.27 | ₹474.14 | ₹1,328.42 | ₹1,949.81 |
| Receivables | — | — | — | — | ₹1,655.28 | ₹2,150.70 | ₹2,289.92 | ₹1,911.64 | ₹3,202.11 | ₹4,120.02 | ₹5,003.36 | ₹5,779.58 |
| Payables | — | — | — | — | ₹1,241.46 | ₹1,751.51 | ₹1,241.01 | ₹1,607.91 | ₹1,800.43 | ₹1,722.11 | ₹2,955.62 | ₹7,409.57 |
| Net PP&E | — | — | — | — | ₹6,069.37 | ₹25,549.48 | ₹30,639.55 | ₹33,638.18 | ₹37,147.94 | ₹40,222.54 | ₹43,547.46 | ₹47,113.72 |
| Retained earnings | — | — | — | — | ₹6,259.03 | ₹4,153.14 | ₹5,172.52 | ₹6,167.22 | ₹7,398.90 | ₹8,537.29 | ₹9,601.02 | ₹11,891.77 |
Cash flow
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | — | — | — | ₹1,395.58 | ₹5,437.22 | ₹3,800.63 | ₹4,108.26 | ₹3,777.08 | ₹6,037.69 | ₹8,700.69 | ₹10,996.75 |
| Capital expenditure | — | — | — | — | ₹827.64 | ₹-2,762.67 | ₹-3,952.32 | ₹-4,190.86 | ₹-4,702.21 | ₹-5,429.54 | ₹-9,378.14 | ₹-14,431.80 |
| Free cash flow | — | — | — | — | ₹567.93 | ₹2,674.55 | ₹-151.69 | ₹-82.60 | ₹-925.13 | ₹608.15 | ₹-677.45 | ₹-3,435.05 |
| OCF / net profit | — | — | — | — | 1.25 | 9.08 | 3.36 | 3.33 | 3.02 | 5.29 | 8.41 | 4.92 |
| FCF / Capex intensity | — | — | — | — | 0.06 | 24.20 | 39.82 | 37.23 | 35.37 | 32.69 | 39.46 | 52.31 |
Income statement detail
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | — | — | — | — | ₹4,827.91 | ₹6,728.69 | ₹6,225.19 | ₹6,530.43 | ₹7,254.14 | ₹9,786.60 | ₹11,197.73 | ₹12,452.51 |
| Cost of revenue | — | — | — | — | ₹8,966.11 | ₹4,687.27 | ₹3,701.14 | ₹4,727.09 | ₹6,038.58 | ₹6,820.76 | ₹12,569.36 | ₹15,135.52 |
| EBITDA | — | — | — | — | ₹3,034.68 | ₹4,280.08 | ₹4,538.28 | ₹4,897.99 | ₹5,578.87 | ₹5,749.59 | ₹5,614.91 | ₹8,063.92 |
| Income before tax | — | — | — | — | ₹1,484.89 | ₹1,106.68 | ₹1,619.90 | ₹1,700.49 | ₹1,711.72 | ₹1,779.56 | ₹1,074.85 | ₹3,114.84 |
| Interest expense | — | — | — | — | ₹689.70 | ₹1,884.48 | ₹1,588.52 | ₹1,825.81 | ₹2,224.20 | ₹2,135.09 | ₹2,522.02 | ₹2,748.03 |
| Tax expense | — | — | — | — | ₹368.43 | ₹542.88 | ₹424.23 | ₹436.06 | ₹435.33 | ₹580.13 | ₹178.99 | ₹771.71 |
| D&A | — | — | — | — | ₹551.76 | ₹1,174.02 | ₹1,328.88 | ₹1,429.70 | ₹1,614.36 | ₹1,783.70 | ₹1,913.50 | ₹1,981.33 |
| EBITDA margin | — | — | — | — | 22.00% | 37.49% | 45.72% | 43.51% | 41.97% | 34.62% | 23.62% | 29.23% |
Financial ratios
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | 1.80 | 1.48 | 0.75 | 0.95 | 1.27 | 1.20 | 1.66 | 1.27 |
| Quick ratio | — | — | — | — | 1.44 | 1.33 | 0.66 | 0.88 | 1.23 | 1.14 | 1.53 | 1.15 |
| Interest coverage | — | — | — | — | 4.00 | 1.65 | 2.02 | 1.90 | 1.78 | 1.86 | 1.47 | 2.21 |
| Inventory days | — | — | — | — | 45.00 | 64.98 | 59.56 | 34.47 | 16.88 | 25.37 | 38.58 | 47.02 |
| Receivable days | 1,255.00 | 30.00 | 24.00 | 24.00 | 35.00 | 68.76 | 84.20 | 61.98 | 87.93 | 90.55 | 76.84 | 76.47 |
| Payable days | — | — | — | — | 40.00 | 136.39 | 122.39 | 124.15 | 108.83 | 92.16 | 85.83 | 178.69 |
| Cash conversion cycle | 1,255.00 | 30.00 | 24.00 | 24.00 | 40.00 | -2.64 | 21.38 | -27.70 | -4.02 | 23.77 | 29.59 | -55.20 |
| Working capital days | -11,796.00 | -473.00 | -128.00 | -115.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 |
| Fixed asset turnover | — | — | — | — | 2.27 | 0.45 | 0.32 | 0.33 | 0.36 | 0.41 | 0.55 | 0.59 |
| ROA | — | — | — | — | 7.36% | 1.51% | 2.61% | 2.60% | 2.32% | 1.95% | 1.40% | 2.41% |
| ROIC | — | — | — | — | 12.06% | 4.95% | 6.62% | 6.51% | 6.45% | 5.40% | 5.00% | 6.21% |
| Gross margin | — | — | — | — | 35.00% | 58.94% | 62.71% | 58.01% | 54.57% | 58.93% | 47.11% | 45.14% |
DuPont 3-Stage ROE Factor Decomposition
Deconstructing Return on Equity into Profitability, Asset Efficiency, and Financial Leverage
Leverage Driven (Elevated Debt Contribution)FY2025-2026
Net marginProfitability
8.09%
Net Profit generated per ₹100 of revenue (Profitability)
×
Asset turnoverEfficiency
0.30
Revenue generated per ₹1 of total assets (Capital Efficiency)
×
Equity multiplierLeverage
3.65
Total assets supported per ₹1 of shareholder equity (Leverage)
=
Implied DuPont ROEFinal Output
8.78%
Reported: 8.78%
Explore the 3-Stage DuPont Formula: Net Margin × Asset Turnover × Leverage Multiplier.Read DuPont Guide →
Corporate Actions, Dividends & Capital Changes
Chronological Corporate Actions Registry
Historical stock splits, bonus shares, rights issues, and corporate schemes
No corporate actions or splits have been recorded for this company.
Industry Peer Group & Valuation Spread
Compare valuation multiples and market cap relative to sector competitors
Market Cap1,78,918.24 ₹ cr
Beats 80% of 20 industry peers · median 35,619.45 ₹ cr
P/E83.23 x
Beats 82% of 17 industry peers · median 25.58 x
P/B7.47 x
Beats 89% of 18 industry peers · median 2.25 x
ROE7.00%
Beats 16% of 19 industry peers · median 17.27%
ROCE9.16%
Beats 32% of 19 industry peers · median 15.02%
Debt to Equity0.20 x
Beats 11% of 19 industry peers · median 0.49 x
Net Margin18.98%
Beats 95% of 19 industry peers · median 16.52%
Revenue Growth (YoY)42.41%
Beats 84% of 19 industry peers · median 7.81%
| Company | Market Cap ▼ | P/E | P/B |
|---|---|---|---|
Adani Power Ltd.ADANIPOWER | ₹3.83 L | 31.95 | 6.31 |
NTPC Ltd.NTPC | ₹3.21 L | — | — |
Power Grid Corporation of India Ltd.POWERGRID | ₹2.48 L | 15.47 | 2.45 |
Adani Green Energy Ltd.ADANIGREEN | ₹2.01 L | 129.81 | 10.82 |
Tata Power Co. Ltd.TATAPOWER | ₹1.11 L | 30.05 | 2.85 |
Peers are chosen strictly by industry classification. A classification doesn't always describe what a company actually competes in, but gives an objective starting point across the universe.
Regulatory Filings & Market Intelligence
Corporate Filings & Document Vault
SEBI LODR VerifiedAudited Annual Reports, Investor Decks, Earnings Concall Transcripts, and Board Resolutions for Adani Energy Solutions Ltd. (ADANIENSOL)
Indexed Documents8 Filings
Latest Disclosure23 Jul 2026
Investor Deck23 Jul 2026
Adani Energy Solutions Ltd: Investor Presentation on Q4 Financial Results and Growth Outlook
AGM / EGM15 Jun 2026
Adani Energy Solutions Ltd: Notice of Annual General Meeting and Record Date for Dividend
Shareholding12 Jun 2026
Adani Energy Solutions Ltd: Quarterly Statement of Shareholding Pattern filed with NSE/BSE
Concall Transcript09 Jun 2026
Adani Energy Solutions Ltd: Transcript of Earnings Conference Call with Institutional Investors
Secretarial Filing22 May 2026
Adani Energy Solutions Ltd: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
Corporate Action07 May 2026
Adani Energy Solutions Ltd: Recommendation of Final Dividend for the Financial Year 2025-26
Board Outcome21 Feb 2026
Adani Energy Solutions Ltd: Outcome of Board Meeting for Approval of Audited Financial Results
News
- IndianAPIAdani Power, Adani Enterprises to Adani Energy: Gautam Adani-owned stocks crash up to 8% in trade today; here's why
Adani Group stocks faced significant selling pressure on Monday amidst MSCI index reshuffling. Adani Enterprises dropped over 8%, with all major group companies declining. Broader Indian markets also weakened, reflecting caution among investors before MSCI changes and external economic pressures.
- IndianAPIMSCI Rejig: Adani Energy, Lenskart, Groww to see inflows; Reliance weight trimmed
The MSCI index reshuffle will highlight several Indian stocks as portfolio adjustments take effect on September 1. This could lead to increased trading volume and volatility, especially in low liquidity stocks, marking the first major test of India's new closing auction system.
- IndianAPIGautam Adani's Adani Energy Solutions wins ₹4,700 crore transmission project in Maharashtra | shares rise
Adani Energy Solutions share price today opened with an upside gap at ₹1,617 apiece on the NSE and touched an intraday high of ₹1,634.90 per share within a few minutes of the Opening Bell
- IndianAPIStock market today: Gift Nifty hints a positive start; eight day trading stocks to buy on Wednesday, 26 August
The Indian stock market is expected to open higher on 26 August, following positive global cues. The Nifty and Sensex ended the previous session positively, aided by falling oil prices amid diplomatic efforts in the Strait of Hormuz.
- IndianAPIAdani’s new cash cow: A private infra firm buying into group peers
Adani Group’s infrastructure spending boom has turned privately-held Adani Infra into a massive cash generator. The company's growing investments in the group’s listed firms show how wealth created within the conglomerate is being spent across its businesses.
- IndianAPIAdani’s new cash cow: A private infra firm buying into group peers
Adani Group’s infrastructure spending boom has turned privately-held Adani Infra into a massive cash generator. The company's growing investments in the group’s listed firms show how wealth created within the conglomerate is being spent across its businesses.
- IndianAPICentre plans to allow govt-approved private labs to test electricity meters
The proposal to allow government-authorized private laboratories to test electricity meters aims to boost consumer confidence, reduce billing disputes and support India's smart meter rollout.
- IndianAPICentre plans to allow govt-approved private labs to test electricity meters
The proposal to allow government-authorized private laboratories to test electricity meters aims to boost consumer confidence, reduce billing disputes and support India's smart meter rollout.
- IndianAPIAdani Energy Solutions shares dip over 3% after announcement of ₹3,500 crore QIP with green shoe option; check details
Adani Energy Solutions launched a Qualified Institutional Placement to raise ₹3,500 crore, with potential to upsize. The stock fell over 3%, but has seen significant gains over the past year. Pricing details include a floor price of ₹1,698.15 per share and appointments of lead managers.
- IndianAPIAdani Energy Solutions shares dip over 3% after announcement of ₹3,500 crore QIP with green shoe option; check details
Adani Energy Solutions launched a Qualified Institutional Placement to raise ₹3,500 crore, with potential to upsize. The stock fell over 3%, but has seen significant gains over the past year. Pricing details include a floor price of ₹1,698.15 per share and appointments of lead managers.
- IndianAPIStocks to watch: L&T, HUL, HDFC Bank among shares in focus today; check list here
Stock market today: Gift Nifty was trading near the 23,986 mark, down over 42 points from the previous close of Nifty futures.
- IndianAPIStocks to watch: L&T, HUL, HDFC Bank among shares in focus today; check list here
Stock market today: Gift Nifty was trading near the 23,986 mark, down over 42 points from the previous close of Nifty futures.
- IndianAPIIndia's Adani Energy Solutions wins $880.8 million project in Andhra Pradesh state
Adani Energy Solutions said won an $880.83 million interstate transmission project in Andhra Pradesh to supply power to planned green hydrogen and ammonia projects.
- IndianAPIIndia's Adani Energy Solutions wins $880.8 million project in Andhra Pradesh state
Adani Energy Solutions said won an $880.83 million interstate transmission project in Andhra Pradesh to supply power to planned green hydrogen and ammonia projects.
- IndianAPIAdani Green Q1 profit rises about 20% as clean energy capacity crosses 20 GW
To reduce the uncertainty in its earnings, the renewable energy arm of the Adani Group signed a pact with the power distribution arm of the group, Adani Energy Solutions Ltd, to supply 4 GW power.
- IndianAPIAdani Green Q1 profit rises about 20% as clean energy capacity crosses 20 GW
To reduce the uncertainty in its earnings, the renewable energy arm of the Adani Group signed a pact with the power distribution arm of the group, Adani Energy Solutions Ltd, to supply 4 GW power.
- IndianAPIStocks to watch: Eternal, Nestle, Indian Hotels among shares in focus today; check list here
Stock market today: Gift Nifty was trading near the 24,108 mark, down over 72 points from the previous close of Nifty futures.
- IndianAPIStocks to watch: Eternal, Nestle, Indian Hotels among shares in focus today; check list here
Stock market today: Gift Nifty was trading near the 24,108 mark, down over 72 points from the previous close of Nifty futures.
- IndianAPIAdani Energy Solutions Q1 results 2026: Net profit soars 124% to ₹1,149 crore; revenue climbs 42%
Adani Energy Solutions reported a 124.22% rise in Q1 FY27 net profit to ₹1,149 crore, compared to ₹512.48 crore last year. Revenue surged 42.41% year-on-year to ₹9,711.08 crore during the quarter ended June 2026.
- IndianAPIAdani Energy Solutions Q1 results 2026: Net profit soars 124% to ₹1,149 crore; revenue climbs 42%
Adani Energy Solutions reported a 124.22% rise in Q1 FY27 net profit to ₹1,149 crore, compared to ₹512.48 crore last year. Revenue surged 42.41% year-on-year to ₹9,711.08 crore during the quarter ended June 2026.
For informational and educational purposes only. Not investment advice. Data may be delayed or incomplete. Consult a SEBI-registered investment adviser before making investment decisions.