Advait Energy Transitions Limited
Incorporated in 2010, Advait Energy Transitions Ltd offers products and end-to-end solutions for power transmission, substation, and telecom infra [1]
- Market Cap ₹ 2,019 Cr.
- Current Price ₹ 1,865
- High / Low ₹ 2,260 / 1,020
- Stock P/E 64.1
- Book Value ₹ 184
- Dividend Yield 0.08 %
- 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 10.1 times its book value
- Promoter holding has decreased over last 3 years: -4.06%
- Working capital days have increased from 65.9 days to 103 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39 | 11 | 11 | 29 | 43 | 28 | 40 | 58 | 72 | 103 | 207 | 295 | |
| 44 | 14 | 10 | 23 | 36 | 24 | 35 | 52 | 62 | 86 | 173 | 249 | |
| Operating Profit | -5 | -3 | 1 | 6 | 7 | 4 | 5 | 6 | 10 | 17 | 35 | 47 |
| OPM % | -13% | -31% | 12% | 21% | 16% | 15% | 13% | 11% | 13% | 17% | 17% | 16% |
| 9 | 5 | 1 | 1 | 2 | 0 | 2 | 1 | 1 | 2 | 2 | 7 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 7 | 9 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 3 |
| Profit before tax | 4 | 2 | 2 | 7 | 9 | 4 | 6 | 7 | 10 | 14 | 29 | 43 |
| 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 | |
| EPS in Rs | 3.80 | 5.85 | 4.73 | 6.99 | 9.80 | 20.91 | 29.10 | |||||
| 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: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | 50% |
| 3 Years: | 65% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 175% |
| 1 Year: | 8% |
| 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 | 204 | 88 | 43 | 24 | 61 | 38 | 63 | 55 | 21 | 73 | 103 |
| ROCE % | 152% | 37% | 28% | 79% | 63% | 23% | 27% | 23% | 25% | 28% | 40% | 28% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
2d - Sale of 100% stakes in two subsidiaries to group company for ₹1,00,000 each, making them step-down subsidiaries.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 13 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 13 Jun
-
Disclosure Received Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015
12 Jun - Promoters Shalin and Rejal Sheth sold 1 lakh shares each, disclosed under SEBI insider trading rules.
-
Disclosures Under Reg. 29(2) Of SEBI (SAST) Regulations, 2011
12 Jun - Promoters Shalin and Rejal Sheth sold 1 lakh shares each, reducing holdings to 51.75% and 15% respectively.
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