Live Adani Energy Solutions Share Price Chart

O 1078

H 1083.7

L 1075.85

VOL 17608

Adani Energy Solutions Performance

Days Range

Low: ₹1,074.55
High: ₹1,085.95
Previous Close ₹1,072.40
Open ₹1,078.00
Volume 1,21,612
Day’s Range ₹1,074.55 - ₹1,085.95
52W Range ₹685.00 - ₹1,250.00
Market Cap ₹1,19,658 Cr

Adani Energy Solutions Fundamentals

ROCE (TTM) 9.34
P/E Ratio (TTM) 101.96
P/B Ratio 9.99
Industry P/E 21.58
Debt to Equity 3.03
ROE 11.05
EPS (TTM) 10.45
Dividend Yield 0
Book Value 106.66
Face Value 10

Adani Energy Solutions Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales3,357.663,663.913,673.874,562.73
Expenses2,570.012,509.022,601.353,493.02
Profit before tax659.62343.09369.87514.65
Operating Profit439.6181.98284.09348.25
Net Profit439.6181.98284.09348.25
EPS in Rs3.491.572.472.92

About Adani Energy Solutions

Started out as About Adani Energy Solutions, Adani Energy Solutions is a part of Adani Group. The company is involved in the establishing, commissioning, setting up, operating and maintaining electric power transmission systems in India. The Adani Group started its voyage in the transmission industry in 2006 to assist in the power evacuation from its Mundra thermal power plant. As a result, 3800 circuit kilometres (ckm) of dedicated transmission lines connecting Mundra-Dehgam, Mundra- Mahendragarh, and Tiroda-Warora were put into service. The company was listed on BSE and NSE in 2015 after an IPO.

An additional transmission line with more than 1200 ckms was put into service in 2014 to help with the electricity evacuation of the Tiroda power plant.  In 2015, Adani Transmission Limited (ATL) was established as a separate entity and was demerged from Adani Enterprises Limited (AEL) to carry out prospects in the transmission industry. The company’s name was changed to Adani  Energy Solutions Limited from Adani Transmission Limited, effective July 27, 2023.

In 2016, the company received an award for the ATRL project and received an award for the NKTL (North Karanpura Transco Ltd.) project. In 2021, it acquired Warora Kurnool Transmission Limited from Essel Infraprojects Ltd.

Business Segment

  • Power Transmission: Under this segment, the company owns and operates various High voltage AC transmission lines and substations of 132kV, 220kV, 400kV, and 765kV voltage levels and also High Voltage DC transmission lines and substations of +/- 500kV voltage level.
  • Power Distribution: The company entered the segment by acquiring the Mumbai power distribution business from Reliance Infrastructure in 2018. The plans for the segment revolve around expanding its presence in newer geographies in pursuit of India’s vision of ‘Power for All’.
  • Smart Metering: The company forayed into the Smart Meter Business in 2022  by winning the Bombay Electric Supply & Transport (BEST) project to install 10.8 Lakh Smart Meters. In addition, the company won the bid to install 7.7 Lakh “Smart Meters” for Assam Power Distribution Company Limited (APDCL).
  • Cooling Solutions: ATL has ventured into the District Cooling domain and set up Adani Cooling Solutions Limited (ACSL). The business deals with district cooling and thermal energy storage.

As of March 31, 2023, the company recorded 55 subsidiaries and few of them are listed below:

  • Adani Transmission (India) Limited: It is a wholly-owned subsidiary of Adani Energy Solutions Limited, which provides transmission services.
  • Maharashtra Eastern Grid Power Transmission Company Limited: A wholly-owned subsidiary of AESL. It derived 18.83% of the consolidated revenue of AESL. 
  • Sipat Transmission Limited: It is a wholly-owned subsidiary of AESL. The company contributed 0.56% of revenue for the consolidated entity in FY 2023.

Key Personnel

Anil Sardana, MD

Anil Sardana is the Managing Director & CEO of AESL with effect from  May 01, 2018. He took over the additional responsibility for Adani Power w.e.f. July 2020. He was the CEO & Managing Director of Tata Power for over 7 years till 30th April 2018. 

Management Outlook

  • The company believes that it is well-positioned to capture future growth through multiple avenues, such as the robust under-construction pipeline worth ₹220 bn (including the Mumbai-HVDC project and smart metering LOI projects).
  • With respect to distribution, the company is planning expansion into newer geographies through parallel licenses (Navi Mumbai, Greater Noida, Aurangabad, Nashik). 
  • AESL is optimistic about the strong growth potential in the Smart Metering business on the back of recent contracts.

SWOT Analysis

Strengths

  • Diversified revenue streams.
  • Improving fundamentals.

Weaknesses

  • Negative free cash flow in FY 2023.
  • Cost pressure.

Opportunities

  • Rising demand for power.
  • Foray into new businesses.

Threats

  • Negative publicity of Adani Group.
  • Highly exposed to regulatory uncertainty
Parent Organisation Adani
Founded 2013
Managing Director Gautam S Adani
NSE Symbol ADANIENSOL

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Tata Power Company Ltd ₹120,592.11

379.15

1.75 (0.46%)

377.65 - 380.6
NTPC Ltd ₹333,032.00

341.75

1.75 (-0.51%)

334.3 - 345
JSW Energy Ltd ₹82,866.98

504.95

1.30 (0.26%)

503.05 - 508
Adani Green Energy Ltd ₹311,769.27

1971.35

1.80 (0.09%)

1946 - 1980.75
NHPC Ltd ₹90,304.86

90.45

0.60 (0.67%)

89.75 - 90.6

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Adani Energy Solutions FAQs

What is the Share price of Adani Energy Solutions (ADANIENSOL)?

Adani Energy Solutions (ADANIENSOL) share price as of March 2, 2024, on NSE is Rs 1,080.80 (NSE) and Rs 1,080.35 (BSE) on BSE.

Can I buy Adani Energy Solutions (ADANIENSOL) shares?

Yes, You can buy Adani Energy Solutions (ADANIENSOL) shares by opening a Demat account with Angel One.

How do I buy Adani Energy Solutions (ADANIENSOL) from Angel One?

Adani Energy Solutions (ADANIENSOL) share can be brought through the following modes:
  1. Direct investment: You can buy Adani Energy Solutions (ADANIENSOL) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Adani Energy Solutions (ADANIENSOL) shares.

What is the main business of Adani Energy Solutions?

The main business of Adani Energy Solutions is power transmission. It manages the installation, running, and upkeep of an electric power transmission system. It is one of the largest power transmission companies in India with its headquarters in Ahmedabad.

Who are the promoters of Adani Energy Solutions?

The promoters of Adani Energy Solutions are Shri Gautam S. Adani/Shri Rajesh S. Adani, Adani Tradeline LLP, Afro Asia Trade And Investments Limited, Worldwide Emerging Market Holding Limited, Fortitude Trade and Investment Limited, Universal Trade and Investments Limited, Shri Gautam S. Adani/Smt.Priti G. Adani, and Flourishing Trade and Investment Ltd.

What are the Subsidiaries that comes under Adani Energy Solutions?

The subsidiaries that comes under Adani Energy Solutions are Adani Electricity Transmission Limited, Maru Transmission Company Limited, Maharashtra Eastern Grid Transmission Limited, Chattisgarh-WR Transmission Limited, Sipat Transmission Limited, North Karanpura Transco Limited, Adani Transmission (Rajasthan) Limited, Aravali Transmission Service Company Limited, etc.

What is the total Asset of Adani Energy Solutions?

The total asset of Adani Energy Solutions is Rs. 47, 464 Crores.