NSE ADANIENSOL · BSE 539254 · Electric Utilities · NIFTY 500
Adani Energy Solutions Share Price
Adani Energy Solutions Overview
Where the price stands, how it has moved and how it sits against its averages.
Adani Energy Solutions shares last traded at ₹1,340.10 on the NSE, down 2.96% on the day. That is 25.1% below the 52-week high of ₹1,789.00 and 66.5% above the 52-week low of ₹804.70. The stock trades at 61.37× earnings, above the sector average of 15.27. Its market value is ₹1,64,399 Cr.
Price returns
Against the market: 1 Month ▼ −9.02% · 3 Months ▼ −5.08% · 6 Months ▲ +40.17% · This year ▲ +52.98% · 1 Year ▲ +63.67%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST).
Moving averages — price is above 1 of 6
- 50-day average₹1,558.84 ▼ price 14.0% below
- 100-day average₹1,517.15 ▼ price 11.7% below
- 20-day average₹1,432.00 ▼ price 6.4% below
- 5-day average₹1,390.28 ▼ price 3.6% below
- 10-day average₹1,389.48 ▼ price 3.6% below
- Today's price₹1,340.10
- 300-day average₹1,270.52 ▲ price 5.5% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
Adani Energy Solutions Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹27,588 Cr | ▲ +16.1% | ₹2,233 Cr | 8.1% | ₹19.00 | — |
| FY 2025 | ₹23,767 Cr | ▲ +43.1% | ₹1,034 Cr | 4.4% | ₹9.05 | — |
| FY 2024 | ₹16,607 Cr | ▲ +24.9% | ₹1,141 Cr | 6.9% | ₹10.20 | — |
| FY 2023 | ₹13,293 Cr | ▲ +18.1% | ₹1,252 Cr | 9.4% | ₹11.28 | — |
| FY 2022 | ₹11,258 Cr | ▲ +13.4% | ₹1,233 Cr | 11.0% | ₹10.95 | — |
| FY 2021 | ₹9,926 Cr | ▼ −13.0% | ₹1,130 Cr | 11.4% | ₹11.13 | — |
| FY 2020 | ₹11,416 Cr | — | ₹599 Cr | 5.2% | ₹6.74 | — |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹9,711 Cr | ▲ +30.5% | ₹1,198 Cr | 12.3% | ₹9.57 |
| Q4 FY26 | ₹7,443 Cr | ▲ +10.6% | ₹630 Cr | 8.5% | ₹5.69 |
| Q3 FY26 | ₹6,730 Cr | ▲ +2.0% | ₹553 Cr | 8.2% | ₹4.60 |
| Q2 FY26 | ₹6,596 Cr | ▼ −3.3% | ₹535 Cr | 8.1% | ₹4.44 |
| Q1 FY26 | ₹6,819 Cr | ▲ +7.0% | ₹514 Cr | 7.5% | ₹4.27 |
| Q4 FY25 | ₹6,375 Cr | ▲ +9.3% | ₹620 Cr | 9.7% | ₹5.41 |
| Q3 FY25 | ₹5,830 Cr | ▼ −5.7% | ₹562 Cr | 9.6% | ₹4.85 |
| Q2 FY25 | ₹6,184 Cr | — | ₹675 Cr | 10.9% | ₹6.39 |
Balance sheet — FY26
- Total assets₹92,835 Cr
- Total liabilities₹67,407 Cr
- Shareholders' equity₹25,428 Cr
- Total debt₹49,176 Cr
- Cash & investments₹4,883 Cr
- Current ratio1.27×
- Revenue growth, 5 yr22.68% a year
- EPS growth, 5 yr11.29% a year
- Operating margin (TTM)23.35%
- Net margin (TTM)10.13%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 11,415.96 | 9,926.33 | 11,257.52 | 13,292.72 | 16,607.36 | 23,767.09 | 27,588.03 |
| Cost of revenue | 4,687.27 | 3,701.14 | 4,727.09 | 6,038.58 | 6,820.76 | 12,569.36 | 15,135.52 |
| Gross profit | 6,728.69 | 6,225.19 | 6,530.43 | 7,254.14 | 9,786.60 | 11,197.73 | 12,452.51 |
| Operating expenses | 8,309.90 | 6,716.93 | 7,789.23 | 9,328.21 | 12,641.47 | 20,065.68 | 21,505.44 |
| Operating income | 3,106.06 | 3,209.40 | 3,468.29 | 3,964.51 | 3,965.89 | 3,701.41 | 6,082.59 |
| Depreciation | 1,174.02 | 1,328.88 | 1,429.70 | 1,614.36 | 1,783.70 | 1,913.50 | 1,981.33 |
| Profit before tax | 1,106.68 | 1,619.90 | 1,700.49 | 1,711.72 | 1,779.56 | 1,074.85 | 3,114.84 |
| Tax | 542.88 | 424.23 | 436.06 | 435.33 | 580.13 | 178.99 | 771.71 |
| Net profit | 599.13 | 1,130.14 | 1,233.29 | 1,252.12 | 1,141.10 | 1,034.14 | 2,232.92 |
| EPS (₹) | 6.74 | 11.13 | 10.95 | 11.28 | 10.20 | 9.05 | 19.00 |
| Dividend per share (₹) | — | — | — | — | — | — | — |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 39,711.19 | 43,233.58 | 47,464.11 | 53,931.75 | 58,578.81 | 73,960.10 | 92,834.92 |
| Current assets | 8,685.43 | 4,999.44 | 5,642.62 | 8,906.86 | 9,618.12 | 16,674.12 | 19,841.68 |
| Cash & short-term investments | 1,920.66 | 493.86 | 681.30 | 1,927.23 | 1,936.21 | 5,453.32 | 4,882.56 |
| Inventory | 834.50 | 603.98 | 446.40 | 279.27 | 474.14 | 1,328.42 | 1,949.81 |
| Property, plant & equipment | 25,549.48 | 30,639.55 | 33,638.18 | 37,147.94 | 40,222.54 | 43,547.46 | 47,113.72 |
| Total liabilities | 31,212.23 | 34,314.30 | 37,551.29 | 42,182.58 | 45,937.26 | 51,891.90 | 67,407.38 |
| Current liabilities | 5,886.27 | 6,688.63 | 5,928.24 | 7,017.29 | 8,016.68 | 10,016.40 | 15,567.85 |
| Total debt | 24,391.08 | 27,094.96 | 29,901.79 | 34,270.03 | 37,069.65 | 40,275.28 | 49,176.43 |
| Total equity | 8,498.96 | 8,919.28 | 9,912.82 | 11,749.17 | 12,641.55 | 22,068.20 | 25,427.54 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 5,437.22 | 3,800.63 | 4,108.26 | 3,777.08 | 6,037.69 | 8,700.69 | 10,996.75 |
| From investing | −5,642.88 | −4,025.29 | −3,948.03 | −4,698.71 | −4,943.03 | −15,227.59 | −14,082.88 |
| From financing | 1,250.40 | −744.65 | −234.86 | 923.22 | −543.24 | 7,975.22 | 2,630.32 |
| Capital expenditure | −2,762.67 | −3,952.32 | −4,190.86 | −4,702.21 | −5,429.54 | −9,378.14 | −14,431.80 |
| Dividends paid | — | — | — | — | −85.78 | 0.00 | — |
| Net change in cash | 1,044.74 | −969.31 | −74.63 | 1.59 | 551.42 | 1,448.32 | −455.81 |
What Analysts Say
Recommendations from 10 analysts who cover Adani Energy Solutions.
▲ 7 bullish (70.0%) · 3 hold (30.0%) · ▼ 0 bearish (0.0%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | ▲ +1 |
| Buy | 5 | 4 | 4 | 4 | 4 | ▼ −1 |
| Hold | 3 | 3 | 3 | 3 | 3 | — |
| Sell | 0 | 0 | 0 | 0 | 0 | — |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | — |
Analyst ratings are opinions, not a guarantee of returns.
Adani Energy Solutions vs Peers
Side by side with other electric utilities companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| Adani Energy Solutions | ₹1,340.10 | ▼ −2.96% | ₹1,64,399 Cr | 61.37 | 6.52 | 9.44% | 10.13% | 0.00% | This stock |
| Adani Power | ₹199.60 | ▼ −2.61% | ₹3,84,923 Cr | 32.24 | 6.37 | 33.40% | 23.91% | — | Moderately Bearish |
| Power Grid Corporation of India | ₹268.00 | ▼ −0.89% | ₹2,49,256 Cr | 14.10 | 2.62 | 18.68% | 40.02% | 3.17% | Neutral |
| Adani Green Energy | ₹1,280.00 | ▼ −1.31% | ₹2,10,839 Cr | 129.20 | 12.49 | 13.17% | 12.14% | — | Moderately Bearish |
| Siemens Energy India | ₹3,215.40 | ▲ +0.04% | ₹1,14,810 Cr | 109.04 | 27.52 | — | 14.99% | 0.12% | Neutral |
| Tata Power Company | ₹363.85 | ▼ −1.26% | ₹1,16,262 Cr | 30.34 | 3.05 | 11.26% | 8.20% | 0.66% | Bearish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
Adani Energy Solutions Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 6.33× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 104 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.00%
- Payout ratio0.00%
No dividends on record.
Corporate calendar
- MeetingExtraordinary General Meeting
- BoardQuarterly Results
- BoardTo consider Raising of Funds
- MeetingAnnual General Meeting
- BoardAudited Results
- MeetingPostal Ballot
- BoardQuarterly Results
- MeetingPostal Ballot
Show 6 older events
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingAnnual General Meeting
- BoardTo consider raising of funds
- BoardAudited Results
- MeetingPostal Ballot
About Adani Energy Solutions
Electric Utilities
Adani Energy Solutions Limited is an India-based holding company. The Company is a private utility providing end-to-end energy solutions. Its segments include Transmission, GTD Business, Smart Metering, and Trading. The Transmission segment is engaged in providing transmission lines for transmission of power. The GTD Business segment is engaged in the generation, transmission, and distribution (GTD) of power business for Mumbai city (Mumbai GTD Business) and Mundra distribution. The Smart Metering segment focuses on supply, installing and maintaining of a Smart Metering Project on a Design-Build-Finance-Own-Operate-Transfer (DBFOOT) basis. The Trading segment is involved in trading activity of goods. It owns and operates various high voltage AC transmission lines and substations. It also offers cooling solutions and others. The Company has approximately 21,783 circuit kilometers (ckm) of transmission lines and 61,686 mega volt amp (MVA) of transformation capacity.
Key people
- Kandarp PatelChief Executive Officer, Whole-Time Director
- Ashok JagetiyaChief Financial Officer
- Jaladhi ShuklaCompliance Officer, Company Secretary
- Shashank SharmaChief Risk Officer
- Anil Kumar SardanaManaging Director, Executive Director
Company facts
- NSE symbolADANIENSOL
- BSE code539254
- ISININE931S01010
- IndustryElectric Utilities
- IndexNIFTY 500
- Market cap₹1,64,399 Cr
- Revenue (FY26)₹27,588 Cr
- Net profit (FY26)₹2,233 Cr
In the News
Recent headlines about Adani Energy Solutions — they open on Mint in a new tab.
- Adani Group companies pay ₹1.5 crore to settle Sebi’s Hindenburg-linked probe
The agreement resolves adjudication proceedings involving five group firms over alleged related-party disclosure lapses and auditor compliance issues without admission of guilt.
22 Sep 2026 · 1 min read · Mint ↗ - Why Adani Total Gas lost 5%, Adani Ports fell 2% despite gains on Sensex, Nifty | Check how other Adani stocks performed
Adani Group stocks fell on Monday, diverging from a rising Indian equity market, supported by easing crude oil prices. While Adani Total Gas, Ports, and Power declined, others like Adani Green Energy saw gains.
21 Sep 2026 · 3 min read · Mint ↗ - Adani Energy vs CESC vs Tata Power vs NTPC vs Power Grid: Which stock has more upside? Target price by PL Capital
Adani Energy, Coal India, Tata Power, NTPC, and Power Grid are set to benefit from upcoming power transmission projects. According to PL Capital, CESC is expected to deliver the highest return of 54%, while NTPC and Power Grid also have positive outlooks. Check target price
18 Sep 2026 · 2 min read · Mint ↗ - Adani Group may raise debt through family-owned infra firm to refinance Ambuja Cement acquisition loan
The plan is still in the early stages of exploration and the quantum of debt to be raised has not been decided.
3 Sep 2026 · 3 min read · Mint ↗ - Adani Group's listed companies report drop in headcount as jobs get outsourced to vendors
The number of people employed with nine listed Adani companies dropped in FY26 as the group moved towards deeper vendor integration. Including the vendor workforce, the group's headcount continues to rise rapidly, surpassing 390,000 in July.
2 Sep 2026 · 3 min read · Mint ↗ - How Adani Group stocks are performing today after share prices plunged yesterday | Top gainers and losers
Adani Group stocks showed mixed performance as Adani Green Energy rose over 4%, while Adani Enterprises volatilely dropped. The MSCI index reshuffle continues to influence stock movements, with significant fund inflows expected for several companies.
1 Sep 2026 · 4 min read · Mint ↗ - Adani Power, Adani Enterprises to Adani Energy: Gautam Adani-owned stocks crash up to 8% in trade today; here's why
Adani Group stocks faced significant selling pressure on Monday amidst MSCI index reshuffling. Adani Enterprises dropped over 8%, with all major group companies declining. Broader Indian markets also weakened, reflecting caution among investors before MSCI changes and external economic pressures.
31 Aug 2026 · 3 min read · Mint ↗ - MSCI Rejig: Adani Energy, Lenskart, Groww to see inflows; Reliance weight trimmed
The MSCI index reshuffle will highlight several Indian stocks as portfolio adjustments take effect on September 1. This could lead to increased trading volume and volatility, especially in low liquidity stocks, marking the first major test of India's new closing auction system.
31 Aug 2026 · 3 min read · Mint ↗
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