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 ₹ 1,894 Cr.
- Current Price ₹ 1,732
- High / Low ₹ 2,419 / 1,020
- Stock P/E 56.0
- Book Value ₹ 187
- Dividend Yield 0.10 %
- ROCE 26.9 %
- ROE 22.5 %
- 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 9.26 times its book value
- Promoter holding has decreased over last quarter: -0.64%
- Company has high debtors of 173 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
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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 28 | 45 | 66 | 79 | 104 | 209 | 399 | 456 | |
| 24 | 40 | 61 | 68 | 88 | 173 | 347 | 400 | |
| Operating Profit | 4 | 4 | 5 | 10 | 17 | 36 | 52 | 56 |
| OPM % | 14% | 10% | 7% | 13% | 16% | 17% | 13% | 12% |
| 0 | 2 | 2 | 1 | 2 | 3 | 7 | 9 | |
| Interest | 0 | 1 | 1 | 1 | 3 | 7 | 11 | 12 |
| Depreciation | 0 | 2 | 2 | 2 | 4 | 3 | 3 | 3 |
| Profit before tax | 4 | 3 | 4 | 9 | 12 | 29 | 45 | 50 |
| Tax % | 42% | 79% | -30% | 40% | 29% | 26% | 28% | |
| 2 | 1 | 5 | 5 | 8 | 22 | 32 | 36 | |
| EPS in Rs | 2.80 | 0.72 | 4.68 | 5.22 | 8.27 | 21.45 | 28.60 | 31.31 |
| Dividend Payout % | 0% | 104% | 11% | 10% | 0% | 7% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 72% |
| TTM: | 89% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 131% |
| 3 Years: | 81% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 131% |
| 3 Years: | 74% |
| 1 Year: | 7% |
| 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 | 72 | |
| 20 | 22 | 28 | 37 | 55 | 67 | 218 | |
| 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 | 86 |
| 25 | 34 | 50 | 53 | 80 | 155 | 355 | |
| 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 | -9 | 46 | |
| -12 | -0 | 1 | -14 | -7 | -8 | -94 | |
| 9 | 1 | 5 | -2 | 3 | 44 | 100 | |
| Net Cash Flow | -0 | 2 | 6 | -4 | 8 | 26 | 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 | 3 | 32 | 21 | -34 | -23 | 5 |
| ROCE % | 13% | 13% | 24% | 28% | 37% | 27% |
Documents
Announcements
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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 And Half Year Ended September 30, 2025
6h - Statement of fund utilization for preferential issue/warrants till Sep 30, 2025; Rs82,30,00,720 raised; no deviations.
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Announcement under Regulation 30 (LODR)-Investor Presentation
6h - Investors Presentation on Standalone and Consolidated Unaudited Financial Results for the quarter and half year ended September 30, 2025
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Board Meeting Outcome for Outcome Of Board Meeting Dated November 13, 2025
7h - Unaudited Q2/H1 Sep 30, 2025 results; 518 ESOP grants; 1,408 shares allotted; CFO Narayan Singh appointed Nov 16, 2025.
- Standalone And Consolidated Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2025 7h
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Nov - Earnings call scheduled Nov 14, 2025 02:00 PM IST for Q2FY26 and H1FY26 results.
Annual reports
Concalls
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Nov 2025TranscriptNotesPPT
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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