Adani Energy Solutions financials

·Energy & PowerChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹10,076cr+52.8% on Q2 FY26
Net profit
₹1,364cr+144.8% on Q2 FY26
EBITDA margin
30.8%−3.9 pts on Q2 FY26
EPS
₹11.01+77.9% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue10,0766,596+52.8%
EBITDA3,1012,289+35.5%
EBITDA margin30.8%34.7%−3.9 pts
Profit before tax1,4841,079+37.5%
Net profit1,364557+144.8%
EPS₹11.01₹6.19+77.9%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹10,076 crNet profit₹1,364 crNet margin13.5%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
1,55,446————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
5,4383,9714,4801,1851,247
1,1951,0989431,0621,098
48,89848,89840,20637,00934,199
2,00,101————
33,96027,58823,76716,60713,293
—+16.1%+43.1%+24.9%—
10,5909,0848,4076,1714,518
31.2%32.9%35.4%37.2%34.0%
8,4007,1066,5014,3952,910
3,8972,3939221,1962,316
11.5%8.7%3.9%7.2%17.4%
₹30.87₹19.00₹8.82₹9.47₹10.46
—+115.3%−6.8%−9.5%—
—10,9978,6956,0383,777
—−14,432−9,378−5,430−4,702
−3,435−3,435−683608−925
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ADANIENSOL₹1,294.00

Adani Energy Solutions Ltd.

· Energy & Power
₹ CrorePeersPOWERGRIDADANIPOWERTATAPOWERADANIGREENNTPCNHPCJSWENERGYCLEANMAXMcap ₹1.55L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————1,55,445.6
- Cash, Equiv & ST Investments1,247.41,184.84,480.13,970.95,438.0
+ Minority Interest1,097.61,061.6943.11,098.11,195.1
+ Total Debt34,198.837,008.940,206.148,898.548,898.5
Enterprise Value————2,00,101.2
Revenue13,292.716,607.423,767.127,588.033,959.5
Growth %, YoY—+24.9+43.1+16.1—
EBITDA4,517.66,171.28,407.39,084.410,589.9
Margin %33.9937.1635.3732.9331.18
EBIT2,909.94,395.16,501.37,106.28,400.0
Net Income2,316.21,195.6921.72,392.83,897.2
Margin %17.427.203.888.6711.48
EPS, Adj (current shares)10.469.478.8219.0030.87
Growth %, YoY—-9.5-6.8+115.3—
Cash from Operations3,777.06,037.68,695.210,996.7—
Capital Expenditures-4,702.2-5,429.5-9,378.1-14,431.8—
Free Cash Flow-925.2608.1-682.9-3,435.1-3,435.1
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Adani Energy Solutions financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Adani Energy Solutions (NSE: ADANIENSOL) had a market capitalisation of ₹1,66,933 crore at the 29 October 2026 close (₹1,365.00 a share), a PE ratio of 45.0 on the last four quarters' profit and a price-to-book ratio of 5.33. In FY26 its consolidated net profit attributable to shareholders was ₹2,283 crore on revenue of ₹27,588 crore; in Q2 FY27 (July–September 2026) it was ₹1,323 crore, up 147.7% year on year. Its debt-to-equity ratio was 1.59 on 30 September 2026. Promoters held 73.39% of the shares on 30 September 2026.

Share price used
₹1,365.00 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹1,365.00 · 29 Oct close

Adani Energy Solutions at a glance · consolidated

Market cap
₹1,66,933 Crat ₹1,365.00 · 29 Oct close
PE ratio (last 4 quarters)
45.073.1 on FY26 profit
Price to book (PB)
5.33book value ₹255.97 a share
ROE (FY26)
9.6%+3.5 pts vs FY25ROCE 10.1%
Debt to equity
1.59net debt ₹43,795 Cr
Promoter holding
73.39%−1.3 pts vs 30 Jun 202630 September 2026
Net worth
₹31,304 Cr+33.9% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹3,435 Cr
EPS (FY26)
₹24.68

Questions

What is the Adani Energy Solutions PE ratio today?

Adani Energy Solutions' PE ratio is 45.0 at the 29 October 2026 close (₹1,365.00 a share): a market capitalisation of ₹1,66,933 crore divided by consolidated net profit attributable to shareholders of ₹3,708 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹2,283 crore) it is 73.1.

What is the Adani Energy Solutions PB ratio (price to book value)?

Adani Energy Solutions' price-to-book (PB) ratio is 5.33 at the 29 October 2026 close: a market capitalisation of ₹1,66,933 crore divided by shareholders' equity (book value) of ₹31,304 crore on 30 September 2026. That is a book value of ₹255.97 per share against a share price of ₹1,365.00.

What is the Adani Energy Solutions ROE and ROCE?

In FY26, Adani Energy Solutions' return on equity (ROE) was 9.6% and its return on capital employed (ROCE) was 10.1%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 6.1% and ROCE 11.3%.

What is the Adani Energy Solutions market cap?

Adani Energy Solutions' market capitalisation was ₹1,66,933 crore (₹1.67 lakh crore) at the 29 October 2026 close: 122.3 crore shares at ₹1,365.00 each.

Is Adani Energy Solutions debt free?

No. Adani Energy Solutions had borrowings of ₹51,520 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.59. Its cash and current investments were ₹7,725 crore, so its net debt was ₹43,795 crore.

What is the Adani Energy Solutions EPS?

Adani Energy Solutions' basic earnings per share (EPS) were ₹24.68 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹32.19.

What is the Adani Energy Solutions debt to equity ratio?

Adani Energy Solutions' debt-to-equity ratio was 1.59 on 30 September 2026: borrowings of ₹51,520 crore against total equity of ₹32,499 crore. A year earlier, on 30 September 2025, it was 1.86.

What is the Adani Energy Solutions net worth?

Adani Energy Solutions' net worth — shareholders' equity in its consolidated balance sheet — was ₹31,304 crore on 30 September 2026, up 33.9% from ₹23,384 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,66,933 crore at the 29 October 2026 close.

What is the Adani Energy Solutions book value per share?

Adani Energy Solutions' book value per share was ₹255.97 on 30 September 2026: shareholders' equity of ₹31,304 crore divided by the 122.3 crore shares in issue, up 31.5% from ₹194.66 a year earlier. The share price at the 29 October 2026 close was ₹1,365.00.

What is the Adani Energy Solutions promoter holding?

Promoters held 73.39% of Adani Energy Solutions on 30 September 2026, down 1.32 percentage points from 74.71% the previous quarter and up 2.20 percentage points from 71.19% a year earlier, according to the shareholding pattern filed with NSE.

What is the Adani Energy Solutions free cash flow?

In FY26, Adani Energy Solutions generated ₹10,997 crore of cash from operations and spent ₹14,432 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹3,435 crore. In FY25 it was −₹683 crore.

What are the Adani Energy Solutions latest quarterly results?

Adani Energy Solutions' latest results are for Q2 FY27 (July–September 2026), filed on 22 October 2026: consolidated net profit attributable to shareholders ₹1,323 crore, up 147.7% from ₹534 crore in Q2 FY26; revenue from operations ₹10,076 crore, up 52.8% year on year.

What is the Adani Energy Solutions shareholding pattern?

On 30 September 2026, Adani Energy Solutions' shares were held by promoters 73.39%, foreign portfolio investors (FII/FPI) 9.56%, domestic institutions (DII) 13.61% (including mutual funds at 9.38%) and retail and other non-institutional investors 3.44%. Over the year, FII holding was down 3.49 percentage points from 13.05% and DII holding was up 3.65 percentage points from 9.96%.

What is the Adani Energy Solutions revenue and profit in FY26?

In FY26 (April 2025–March 2026), Adani Energy Solutions' consolidated net profit attributable to shareholders was ₹2,283 crore, up 115.3% from ₹1,060 crore in FY25, on revenue from operations of ₹27,588 crore (up 16.1%). Over three years, from FY23, net profit was up 81.7%.

When are the Adani Energy Solutions next results?

Adani Energy Solutions has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

Where do these Adani Energy Solutions figures come from?

From Adani Energy Solutions' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.