Advait Energy Transitions Limited
Advait Infratech Ltd is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields. Also it operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, etc [1]
- Market Cap ₹ 1,777 Cr.
- Current Price ₹ 1,642
- High / Low ₹ 2,260 / 1,020
- Stock P/E 57.4
- Book Value ₹ 187
- Dividend Yield 0.09 %
- ROCE 27.6 %
- ROE 22.4 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 131% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.7%
Cons
- Stock is trading at 8.78 times its book value
- Company has high debtors of 173 days.
- Promoter holding has decreased over last 3 years: -4.06%
- Working capital days have increased from 47.7 days to 78.7 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
Sector: Cables Industry: Cables - Power
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 28 | 45 | 66 | 79 | 104 | 209 | 399 | |
| 24 | 40 | 61 | 68 | 88 | 173 | 349 | |
| Operating Profit | 4 | 4 | 5 | 10 | 17 | 36 | 51 |
| OPM % | 14% | 10% | 7% | 13% | 16% | 17% | 13% |
| 0 | 2 | 2 | 1 | 2 | 3 | 7 | |
| Interest | 0 | 1 | 1 | 1 | 3 | 7 | 10 |
| Depreciation | 0 | 2 | 2 | 2 | 4 | 3 | 3 |
| Profit before tax | 4 | 3 | 4 | 9 | 12 | 29 | 45 |
| Tax % | 42% | 79% | -30% | 40% | 29% | 26% | 28% |
| 2 | 1 | 5 | 5 | 8 | 22 | 32 | |
| EPS in Rs | 2.80 | 0.72 | 4.68 | 5.22 | 8.27 | 21.45 | 28.60 |
| Dividend Payout % | 0% | 104% | 11% | 10% | 0% | 7% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 72% |
| TTM: | 91% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 131% |
| 3 Years: | 81% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 166% |
| 1 Year: | 19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 26% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 5 | 5 | 10 | 10 | 11 |
| Reserves | 15 | 16 | 25 | 30 | 36 | 63 | 192 |
| 6 | 10 | 8 | 9 | 15 | 59 | 53 | |
| 20 | 22 | 28 | 37 | 55 | 67 | 237 | |
| Total Liabilities | 44 | 52 | 65 | 81 | 116 | 199 | 492 |
| 19 | 18 | 15 | 15 | 35 | 42 | 50 | |
| CWIP | 0 | 0 | 0 | 13 | 1 | 1 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 20 |
| 25 | 34 | 50 | 53 | 80 | 155 | 421 | |
| Total Assets | 44 | 52 | 65 | 81 | 116 | 199 | 492 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 3 | 1 | -0 | 12 | 13 | -10 | 46 | |
| -12 | -0 | 1 | -14 | -7 | -8 | -94 | |
| 9 | 1 | 5 | -2 | 3 | 44 | 100 | |
| Net Cash Flow | -0 | 2 | 6 | -4 | 8 | 25 | 52 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 185 | 99 | 113 | 135 | 105 | 75 | 173 |
| Inventory Days | 29 | 68 | 47 | 50 | 91 | 68 | 26 |
| Days Payable | 316 | 253 | 180 | 211 | 298 | 166 | 276 |
| Cash Conversion Cycle | -102 | -86 | -20 | -25 | -102 | -22 | -77 |
| Working Capital Days | 40 | 19 | 42 | 21 | -2 | 66 | 79 |
| ROCE % | 13% | 13% | 24% | 28% | 37% | 28% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
12h - Advait Energy wins 49.99 Cr turnkey contract for 11 KV MVCC under VKY-2 scheme from DGVCL.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
12h - Annual Secretarial Compliance Report for FY 2024-25 confirms regulatory adherence, no major violations.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 May - Investors meet scheduled on June 5, 2025 at Mumbai
-
Intimation Of Incorporation Of Wholly Owned Subsidiary Company
20 May - Incorporation of wholly owned subsidiary Advaiteco Technologies for green hydrogen tech business.
-
Intimation Of Order Accepted By Advait Greenergy Private Limited, A Subsidiary Of Advait Energy Transitions Limited, In Normal Course Of Business, For Project EPCC Work- Design, Engineering, Supply, Testing For 67.5 Mwp Solar Ground Mounted Including Material Supplies, BOS And Various Services At Khavda, Kutch, Gujarat
16 May - Subsidiary won Rs.129.39 Cr order for 67.5 MWp solar project in Gujarat, execution in 6 months.
Business Divisions[1]
A) Power Transmission Solutions:
- Manufacturing and EPC of products like ACS Wires, OPGW (Optical Ground Wires), ERS (Emergency Restoration Systems), OFC (Optical Fibre Cables), and stringing tools.
- Advanced solutions like HTLS conductors for high-efficiency power transmission.