Advait Energy Transitions Limited
Advait Energy Transitions Limited (formerly known as, Advait Infratech Limited) established in 2009 and headquartered in Gujarat, is a global leader in end-to-end solutions for power trantmission, substations, and telecommunication infrastructure.
Advait's core capabilities include the manufacturing and supply of Stringing Tools, ACS Wires, OPGW Cables, ERS, Optical Fibre Cables, and a comprehensive range of insulators. The company has delivered complex EPC projects, including live-line OPGW installations, underground cabling, and integration of MVCC and HT AB cables, demonstrating its end-to-end project execution capabilities.
In 2023, Advait expanded into the renewable energy domain, undertaking projects in Green Hydrogen and Solar Power integration.
- Market Cap ₹ 1,925 Cr.
- Current Price ₹ 1,762
- High / Low ₹ 2,419 / 1,020
- Stock P/E 57.2
- Book Value ₹ 184
- Dividend Yield 0.10 %
- ROCE 27.7 %
- ROE 23.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 50.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%
- Company's median sales growth is 43.2% of last 10 years
Cons
- Stock is trading at 9.56 times its book value
- Promoter holding has decreased over last quarter: -2.01%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Cables - Electricals
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
39 | 11 | 11 | 29 | 43 | 28 | 40 | 58 | 72 | 103 | 207 | 295 | 311 | |
44 | 14 | 10 | 23 | 36 | 24 | 35 | 52 | 62 | 86 | 173 | 247 | 261 | |
Operating Profit | -5 | -3 | 1 | 6 | 7 | 4 | 5 | 6 | 10 | 17 | 35 | 48 | 50 |
OPM % | -13% | -31% | 12% | 21% | 16% | 15% | 13% | 11% | 13% | 17% | 17% | 16% | 16% |
9 | 5 | 1 | 1 | 2 | 0 | 2 | 1 | 1 | 2 | 2 | 7 | 10 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 7 | 10 | 11 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 3 | 3 |
Profit before tax | 4 | 2 | 2 | 7 | 9 | 4 | 6 | 7 | 10 | 14 | 29 | 43 | 46 |
Tax % | 32% | 32% | 32% | 33% | 26% | 27% | 27% | 27% | 26% | 26% | 26% | 27% | |
3 | 1 | 1 | 4 | 6 | 3 | 4 | 5 | 7 | 10 | 21 | 31 | 34 | |
EPS in Rs | 3.80 | 5.85 | 4.73 | 6.99 | 9.80 | 20.91 | 29.10 | 31.15 | |||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 11% | 7% | 0% | 7% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 39% |
5 Years: | 49% |
3 Years: | 60% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | 38% |
5 Years: | 50% |
3 Years: | 65% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 132% |
3 Years: | 90% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 25% |
5 Years: | 24% |
3 Years: | 25% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 4 | 4 | 5 | 5 | 10 | 10 | 11 |
Reserves | 4 | 5 | 6 | 10 | 17 | 16 | 20 | 30 | 36 | 42 | 64 | 189 |
0 | 2 | 0 | 1 | 1 | 1 | 2 | 0 | 6 | 13 | 38 | 70 | |
7 | 6 | 8 | 12 | 16 | 16 | 14 | 16 | 23 | 41 | 53 | 98 | |
Total Liabilities | 11 | 12 | 14 | 23 | 33 | 37 | 41 | 51 | 71 | 106 | 165 | 367 |
1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 21 | 27 | 37 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 1 | 1 | 2 |
Investments | 1 | 1 | 4 | 9 | 15 | 11 | 11 | 11 | 11 | 11 | 12 | 78 |
10 | 10 | 9 | 12 | 16 | 23 | 28 | 38 | 44 | 73 | 125 | 250 | |
Total Assets | 11 | 12 | 14 | 23 | 33 | 37 | 41 | 51 | 71 | 106 | 165 | 367 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 0 | 0 | 0 | 2 | -1 | 7 | 12 | -8 | 50 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14 | -7 | -7 | -73 | |
0 | 0 | 0 | 0 | 0 | 0 | -0 | 5 | 4 | 3 | 18 | 90 | |
Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 4 | -3 | 8 | 4 | 67 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 160 | 73 | 104 | 98 | 133 | 93 | 115 | 129 | 99 | 70 | 97 |
Inventory Days | 0 | 0 | 97 | 12 | 7 | 14 | 30 | 30 | 44 | 76 | 61 | 35 |
Days Payable | 285 | 169 | 153 | 139 | 195 | 134 | 148 | 220 | 132 | 172 | ||
Cash Conversion Cycle | 44 | 160 | -115 | -54 | -48 | 8 | -72 | 10 | 25 | -46 | -1 | -40 |
Working Capital Days | 33 | 197 | 88 | 43 | 24 | 61 | 38 | 63 | 55 | -9 | 16 | 6 |
ROCE % | 152% | 37% | 28% | 79% | 63% | 23% | 27% | 23% | 25% | 28% | 40% | 28% |
Documents
Announcements
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Intimation Of Order Received From POWERGRID Corporation Of India Ltd.
7 Oct - Advait Energy received Rs87.29 crore ERS order from POWERGRID on Oct 6, 2025; 18-month contract.
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Announcement under Regulation 30 (LODR)-Acquisition
30 Sep - Acquired 14,820 shares in Advait Greenergy on Sep 29, 2025 for Rs41,80,72,200; holding rises to 68.99%.
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Closure of Trading Window
30 Sep - Trading window closed from Oct 1, 2025 until 48 hours after results for quarter ended Sept 30, 2025.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
23 Sep - AGM (19 Sep 2025): dividend ₹1.75/share; ₹1,000 Cr borrowing limit; related-party loan, RPTs, subsidiary share sale approved.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 19 Sep
Annual reports
Concalls
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Aug 2025TranscriptNotesPPT
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Jun 2025TranscriptNotesPPT
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Dec 2024TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Sep 2024TranscriptNotesPPT
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Jun 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
Business Overview:[1]
AETL provides products and solutions for power transmission, substation, telecommunication infrastructure and Renewable Energy solutions. Also, company is providing EPC solution for live line projects reconductoring projects, upgrade in transmission network infra, GH2 solutions, and ground mountain solar solutions and battery energy systems solutions