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 ₹ 1,991 Cr.
- Current Price ₹ 1,839
- High / Low ₹ 2,419 / 1,020
- Stock P/E 59.1
- Book Value ₹ 184
- Dividend Yield 0.10 %
- ROCE 28.5 %
- ROE 23.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 49.9% 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 9.98 times its book value
- Promoter holding has decreased over last quarter: -2.01%
- Working capital days have increased from 32.1 days to 86.9 days
* 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 | 249 | 261 | |
Operating Profit | -5 | -3 | 1 | 6 | 7 | 4 | 5 | 6 | 10 | 17 | 35 | 47 | 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 | 9 | 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: | % |
3 Years: | 93% |
1 Year: | -12% |
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 | 51 | |
7 | 6 | 8 | 12 | 16 | 16 | 14 | 16 | 23 | 41 | 53 | 116 | |
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 | -9 | 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 | 3 | 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 | 18 | 87 |
ROCE % | 152% | 37% | 28% | 79% | 63% | 23% | 27% | 23% | 25% | 28% | 40% | 28% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Publication for Notice of 15th Annual General Meeting, Record Date for Dividend and Information for E-voting and other related information
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Notice Of Annual General Meeting To Be Held On September 19, 2025
27 Aug - AGM on September 19, 2025; record/cut-off September 12; dividend 17.50% (₹1.75/share).
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Reg. 34 (1) Annual Report.
27 Aug - Annual report: dividend 17.50% (₹1.75/share); AGM Sep 19, 2025; strong FY25 revenue and profit growth.
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Statement Of Deviation Or Variation In Utilization Of Funds Raised Under Regulation 32 Of SEBI (LODR) Regulation, 2015 For The Quarter Ended June 30, 2025
5 Aug - Advait Energy reports no deviation in utilization of Rs 91.15 Cr raised via equity and warrants till June 2025.
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Announcement under Regulation 30 (LODR)-Investor Presentation
5 Aug - Investors Presentation on Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2025
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