Adani Energy Solutions Ltd
AESL, part of the Adani portfolio, is a multidimensional organization with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions. AESL is India's largest private transmission company.[1]
- Market Cap ₹ 1,19,281 Cr.
- Current Price ₹ 993
- High / Low ₹ 1,348 / 686
- Stock P/E 322
- Book Value ₹ 97.9
- Dividend Yield 0.00 %
- ROCE 6.94 %
- ROE 5.60 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 72.1% CAGR over last 5 years
Cons
- Stock is trading at 9.96 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.63%
- Tax rate seems low
- Company has a low return on equity of 3.21% over last 3 years.
- Earnings include an other income of Rs.765 Cr.
* 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: Power Generation & Distribution Industry: Power Generation And Supply
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 23 | 274 | 810 | 835 | 833 | 858 | 755 | 740 | 688 | 1,517 | 1,617 | |
-0 | 23 | 208 | 785 | 841 | 848 | 881 | 765 | 742 | 716 | 1,504 | 1,598 | |
Operating Profit | -0 | 0 | 66 | 25 | -5 | -15 | -23 | -10 | -2 | -28 | 13 | 18 |
OPM % | 1% | 24% | 3% | -1% | -2% | -3% | -1% | -0% | -4% | 1% | 1% | |
-0 | 1 | 147 | 799 | 775 | 802 | 796 | 679 | 701 | 615 | 995 | 765 | |
Interest | -0 | 19 | 270 | 819 | 794 | 733 | 767 | 690 | 763 | 416 | 348 | 412 |
Depreciation | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -0 | -18 | -57 | 5 | -25 | 54 | 6 | -21 | -65 | 170 | 659 | 371 |
Tax % | -0% | -0% | 21% | -0% | 21% | -0% | -0% | -0% | 0% | 10% | ||
-0 | -18 | -57 | 4 | -25 | 42 | 6 | -21 | -65 | 170 | 595 | 371 | |
EPS in Rs | -0.00 | -0.16 | -0.51 | 0.04 | -0.22 | 0.39 | 0.05 | -0.19 | -0.59 | 1.53 | 5.33 | 3.32 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 26% |
TTM: | 161% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 72% |
3 Years: | 211% |
TTM: | -24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | -17% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 6% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 1,090 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,115 | 1,115 |
Reserves | -0 | -18 | 1,149 | 1,021 | 2,753 | 4,059 | 3,711 | 2,987 | 2,877 | 9,211 | 9,806 |
-0 | 2,627 | 5,304 | 7,976 | 7,797 | 7,154 | 7,856 | 7,864 | 8,549 | 2,602 | 5,166 | |
-0 | 12 | 68 | 683 | 597 | 498 | 268 | 234 | 141 | 38 | 308 | |
Total Liabilities | 0 | 3,711 | 7,621 | 10,779 | 12,247 | 12,811 | 12,934 | 12,185 | 12,666 | 12,966 | 16,395 |
-0 | -0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 9 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 8 | 4 |
Investments | -0 | 3,683 | 3,686 | 3,815 | 3,783 | 6,958 | 5,984 | 6,203 | 6,681 | 6,721 | 9,030 |
0 | 28 | 3,934 | 6,964 | 8,463 | 5,852 | 6,948 | 5,981 | 5,984 | 6,237 | 7,352 | |
Total Assets | 0 | 3,711 | 7,621 | 10,779 | 12,247 | 12,811 | 12,934 | 12,185 | 12,666 | 12,966 | 16,395 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-0 | -11 | 57 | -15 | 50 | 23 | -17 | -22 | 3 | -15 | -209 | |
-0 | -3,683 | -3,747 | -2,311 | -246 | -266 | 1,971 | 191 | 240 | -1,665 | -2,001 | |
0 | 3,694 | 3,691 | 2,325 | 703 | -234 | -1,184 | -961 | -248 | 1,681 | 2,210 | |
Net Cash Flow | 0 | 0 | 2 | -0 | 506 | -477 | 770 | -793 | -6 | 0 | -0 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 412 | 102 | 50 | 13 | 4 | 41 | 0 | 0 | 1 | 15 | |
Inventory Days | |||||||||||
Days Payable | |||||||||||
Cash Conversion Cycle | 412 | 102 | 50 | 13 | 4 | 41 | 0 | 0 | 1 | 15 | |
Working Capital Days | 354 | 142 | 165 | -64 | -101 | 250 | 125 | 350 | 280 | 178 | |
ROCE % | 0% | 4% | 9% | 7% | 7% | 6% | 5% | 6% | 5% | 7% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18h - Certificate under Regulation 74(5) for Q2 2024.
-
Announcement under Regulation 30 (LODR)-Acquisition
4 Oct - Adani Energy Solutions Limited incorporates wholly owned subsidiary.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 3 Oct
-
Closure of Trading Window
30 Sep - Closure of trading window from 1st October 2024.
-
Intimation For Dilution Of Stake In North Maharashtra Power Limited, A Stepdown Subsidiary Of The Company.
28 Sep - Dilution of stake in North Maharashtra Power Limited.
Annual reports
Concalls
-
Jul 2024Transcript PPT
-
Jul 2024TranscriptNotesPPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023TranscriptPPTREC
-
Aug 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Feb 2022TranscriptPPT
-
Nov 2021TranscriptPPT
-
Oct 2021TranscriptNotesPPT
-
Aug 2021Transcript PPT
-
May 2021TranscriptNotesPPT
-
Mar 2021TranscriptNotesPPT
-
Mar 2021TranscriptNotesPPT
-
Mar 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Nov 2020TranscriptNotesPPT
-
Oct 2020TranscriptNotesPPT
-
Sep 2020TranscriptPPT
-
Feb 2020TranscriptPPT
-
Dec 2019TranscriptPPT
-
Aug 2019Transcript PPT
-
May 2019TranscriptPPT
-
Sep 2017TranscriptPPT
-
Jul 2016TranscriptNotesPPT
Service Portfolio
Power Transmission (31% of revenues): Under this segment, it owns and operates various High voltage AC transmission lines and substations of 132kV, 220kV, 400kV, and 765kV voltage levels and also High Voltage DC transmission lines and substations of +/- 500kV voltage levels.