Adani Energy Solut.

₹990.5 11.4 | 1.2%

WEBSITE BSE:539254 NSE : ADANIENSOL 10 May, 16:01

Market Cap ₹110490 Cr.

Stock P/E 97.2

P/B 8.7

Current Price ₹990.5

Book Value ₹ 113.3

Face Value 10

52W High ₹1250

Dividend Yield 0%

52W Low ₹ 686.9

Edit Ratio

Adani Energy Solut. Research see more...

Overview Inc. Year: 2013Industry: Power Generation/Distribution

Adani Transmission Limited is a holding company. The Company operates as a power transmission organization. It is engaged in transmission of electricity and trading of castor oil. It owns, operates and maintains about 5,050 circuit kilometers of transmission traces, starting from 400 kilovolts to 765 kilovolts, with a total transformation capacity of over 12,000 megavolt ampere (MVA). The Company has 4 operational Transmission Systems that primarily serve the Northern and Western areas of India, and additional projects of approximately 1,700 circuit kilometers in Rajasthan, Chhattisgarh, Madhya Pradesh and Maharashtra underneath construction. Its projects underneath utilities include Mundra-Mohindergarh Transmission Line, Mundra-Dehgam Transmission Line and Tiroda-Warora Transmission Line. Its engineering, procurement and construction projects include Mundra-Zerda Transmission Line, Nalia-Bitta Transmission Line, Kawai-Chhabra Transmission Line and Shantigram-Transmission Network.

Adani Energy Solut. Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Adani Energy Solut. Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	2912	2975	3132	3251	3552	3358	3664	3674	4563	4707
Other Income	174	191	118	125	168	137	108	93	262	148
Total Income	3085	3165	3250	3377	3719	3495	3772	3766	4824	4855
Total Expenditure	1760	1784	1924	2015	2012	1789	2395	2324	3092	3086
Operating Profit	1325	1382	1326	1362	1708	1706	1378	1443	1732	1769
Interest	560	650	740	714	697	630	616	641	760	750
Depreciation	363	370	384	398	410	416	419	432	458	468
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	402	362	202	250	600	660	343	370	515	552
Provision for Tax	118	123	34	55	122	224	160	85	166	169
Profit After Tax	284	240	168	195	478	436	183	285	348	383
Adjustments	-17	-10	18	11	-3	-46	-8	-9	-24	-22
Profit After Adjustments	267	230	186	206	475	389	175	276	325	361
Adjusted Earnings Per Share	2.4	2.1	1.7	1.8	4.3	3.5	1.6	2.5	2.9	3.2

Adani Energy Solut. Profit & Loss

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	135	2197	2876	3944	7305	11416	9926	11258	13293	16608
Other Income	3	70	22	111	351	322	1115	1286	1583	611
Total Income	139	2267	2898	4055	7657	11738	11042	12544	14876	17217
Total Expenditure	34	270	893	1118	4543	7162	5976	7051	8775	10897
Operating Profit	105	1997	2005	2937	3113	4576	5066	5493	6101	6322
Interest	73	957	904	886	1391	2295	2117	2365	2781	2767
Depreciation	37	560	569	579	882	1174	1329	1427	1608	1777
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-5	480	532	1472	840	1107	1620	1700	1712	1780
Provision for Tax	2	112	116	329	281	400	330	465	431	580
Profit After Tax	-7	368	416	1143	559	706	1290	1236	1281	1199
Adjustments	0	0	0	0	0	35	-66	-31	-24	-63
Profit After Adjustments	-7	368	416	1143	559	742	1224	1205	1256	1137
Adjusted Earnings Per Share	-0.1	3.3	3.8	10.4	5.1	6.7	11.1	11	11.3	10.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	18%	5%	28%	0%
Operating Profit CAGR	11%	10%	16%	0%
PAT CAGR	4%	22%	2%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	11%	-5%	37%	NA%
ROE Average	14%	19%	17%	15%
ROCE Average	11%	11%	11%	10%

Adani Energy Solut. Balance Sheet

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	1083	2672	2947	4208	4635	5220	6090	6857	11662
Minority's Interest	0	0	0	0	0	1062	1104	1094	1098
Borrowings	5312	5094	7729	10443	19712	25569	26639	30830	31330
Other Non-Current Liabilities	11	9	528	292	1522	1974	2713	2755	2824
Total Current Liabilities	5087	3971	1884	2930	6690	5886	6689	5928	7017
Total Liabilities	11492	11746	13088	17874	32558	39711	43234	47464	53932
Fixed Assets	10573	10060	9853	9291	24412	24924	26987	30272	32645
Other Non-Current Assets	20	383	1858	6231	3211	6102	11248	11715	12380
Total Current Assets	884	1302	1377	2352	4935	8685	4999	5478	8907
Total Assets	11492	11746	13088	17874	32558	39711	43234	47464	53932

Adani Energy Solut. Cash Flow

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	3	9	13	609	188	1233	264	189
Cash Flow from Operating Activities	-35	1544	2189	2198	2591	5437	3784	4097	3777
Cash Flow from Investing Activities	-1865	-816	-1761	-3211	-3138	-5643	-4025	-3948	-4699
Cash Flow from Financing Activities	1902	-722	-455	1589	38	1250	-745	-235	923
Net Cash Inflow / Outflow	2	6	-27	577	-509	1045	-986	-86	2
Closing Cash & Cash Equivalent	3	9	13	609	188	1233	264	189	191

Adani Energy Solut. Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0	-0.06	3.35	3.79	10.39	5.08	6.75	11.13	10.95	11.26
CEPS(Rs)	0	0.28	8.43	8.96	15.66	13.11	17.1	23.81	24.21	25.89
DPS(Rs)	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	10	9.8	24.29	26.79	38.26	42.14	47.46	55.37	62.35	104.55
Core EBITDA Margin(%)	0	74.82	87.69	68.96	71.64	37.81	37.26	39.8	37.36	33.99
EBIT Margin(%)	0	49.86	65.42	49.93	59.76	30.54	29.8	37.65	36.11	33.8
Pre Tax Margin(%)	0	-3.73	21.85	18.5	37.31	11.5	9.69	16.32	15.11	12.88
PAT Margin (%)	0	-4.99	16.75	14.48	28.98	7.65	6.19	12.99	10.98	9.63
Cash Profit Margin (%)	0	22.4	42.22	34.28	43.66	19.73	16.47	26.38	23.65	21.73
ROA(%)	0	-0.06	3.17	3.35	7.38	2.22	1.96	3.11	2.72	2.53
ROE(%)	0	-0.63	19.68	14.82	31.95	12.65	14.34	22.81	19.09	13.83
ROCE(%)	0	0.63	13.05	12.39	16.6	9.99	11.17	10.89	10.75	10.5
Receivable days	0	1210.27	52.42	23.6	20.7	24.48	27.53	37.02	33.79	34.44
Inventory Days	0	55.58	3.52	3.83	3.42	10.03	14.51	14.25	7.84	5.52
Payable days	0	0	0	0	0	0	0	0	0	0
PER(x)	0	0	10.25	17	18.4	42.86	27.98	81.62	216.59	88.6
Price/Book(x)	0	0	1.41	2.4	5	5.17	3.98	16.41	38.05	9.54
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0	79.62	5.56	5.45	8.28	6.41	4.03	12.94	25.97	10.82
EV/Core EBITDA(x)	0	103.07	6.11	7.81	11.12	15.03	10.05	25.35	53.23	23.57
Net Sales Growth(%)	0	0	1523.33	30.89	37.17	85.21	56.27	-13.05	13.41	18.08
EBIT Growth(%)	0	0	2029.92	-0.09	64.16	-5.35	52.48	9.84	8.79	10.52
PAT Growth(%)	0	0	5550.96	13.18	174.46	-51.07	26.34	82.53	-4.17	3.63
EPS Growth(%)	0	0	5504.68	13.18	174.46	-51.07	32.66	65.01	-1.59	2.83
Debt/Equity(x)	0	9.09	3.21	3.05	2.92	5.08	5.27	4.89	4.79	2.93
Current Ratio(x)	0	0.17	0.33	0.73	0.8	0.74	1.48	0.75	0.92	1.27
Quick Ratio(x)	0	0.17	0.32	0.71	0.79	0.68	1.38	0.71	0.88	1.25
Interest Cover(x)	0	0.93	1.5	1.59	2.66	1.6	1.48	1.77	1.72	1.62
Total Debt/Mcap(x)	0	0	2.28	1.27	0.58	0.98	1.33	0.3	0.13	0.31

Adani Energy Solut. Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	74.92	74.92	73.87	73.87	74.19	71.65	68.28	73.22	73.22	73.22
FII	20.8	20.57	20.01	19.93	19.32	21.05	19.65	17.73	17.49	17.49
DII	2.92	3.22	3.43	3.59	3.77	3.8	3.82	3.87	3.83	3.8
Public	1.36	1.3	2.7	2.61	2.72	3.51	8.25	5.17	5.46	5.49
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	82.4	82.4	82.4	82.4	82.76	79.92	76.16	81.68	81.68	81.68
FII	22.88	22.62	22.32	22.24	21.55	23.48	21.92	19.78	19.51	19.51
DII	3.21	3.54	3.83	4.01	4.21	4.24	4.26	4.32	4.27	4.24
Public	1.5	1.43	3.01	2.91	3.03	3.91	9.2	5.77	6.09	6.12
Others	0	0	0	0	0	0	0	0	0	0
Total	109.98	109.98	111.55	111.55	111.55	111.55	111.55	111.55	111.55	111.55

Pros

Cons

Stock is trading at 8.7 times its book value.
The company has delivered a poor profit growth of 2% over past five years.

* 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.