Adani Energy Solutions Ltd.
NSE: ADANIENSOLAdani Energy Solutions Ltd.: A 30-second snapshot
ADANIENSOL trades at Rs 1,632, up 106.3% over the past year and 23.72% over three months, sitting 8.78% below its 52-week high with a neutral RSI of 48.96. Q1 net profit rose 124% YoY to Rs 1,149 crore on 42% revenue growth, and the company won an Rs 8,500 crore Andhra Pradesh transmission order in July. Trailing PE of 66.69x sits well above the Power-sector peer median of 28.28x, while debt-to-equity is roughly 1.95x with a rising trend and FCF positive in only 1 of the last 5 tracked years.
P/E
66.7
Forward P/E
44.9
ROE
—
Debt / Equity
194.50
Profit Margin
+9.6%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
1/5
Quality
50/100
News
7 headlines · 4 positive · 0 negative
Adani Energy Solutions Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions - simplywall.st
simplywall.st
Adani Energy wins Rs 8,500 crore Andhra Pradesh order; stock reacts - Business Today
Business Today
Adani Energy Solutions Q1 net profit more than doubles to Rs 1,149 cr, revenue up 42%; stock jumps - Moneycontrol.com
Moneycontrol.com
Adani Energy Solutions Q1 results 2026: Net profit soars 124% to ₹1,149 crore; revenue climbs 42% - livemint.com
livemint.com
Adani Energy Solutions Sets Floor Price for QIP - marketscreener.com
marketscreener.com
Recent context
- ·Q1 results (reported July 21) showed net profit up 124% YoY to Rs 1,149 crore on 42% revenue growth (livemint.com, Moneycontrol.com).
- ·Company announced an Rs 8,500 crore Andhra Pradesh transmission order on July 24 (Business Today).
- ·Floor price set for a QIP capital raise, reported July 28 (marketscreener.com).
Strengths
- +Q1 net profit more than doubled YoY (+124%) to Rs 1,149 crore on 42% revenue growth, alongside 5y revenue growth of 42.4% and 5y earnings growth of 124.1%.
- +Won an Rs 8,500 crore transmission order from Andhra Pradesh, reported July 24, adding to the project pipeline.
- +News sentiment over the tracked period is uniformly non-negative: 4 positive, 3 neutral, 0 negative of 7 tracked headlines.
- +Quality score of 41 ranks 2nd of 6 tracked Power-sector peers, ahead of NTPC, POWERGRID, TATAPOWER and ADANIGREEN.
Weaknesses
- −FCF was positive in only 1 of the last 5 tracked fiscal years and ROE has not exceeded 15% in any tracked year (consistency score 40/100), with the debt trend flagged as rising against a debt-to-equity of roughly 1.95x.
- −Trailing PE of 66.69x ranks 5th of 6 tracked peers and is roughly 2.4x the peer median of 28.28x; forward PE compresses to 44.86x but remains a premium multiple.
- −A floor price was set for a QIP capital raise in late July, an equity issuance that increases share count alongside an already-rising debt trend.
- −Price is 35.6% above the 200-DMA and 2.3% above the 50-DMA after a 106.3% one-year rally, an extended technical position relative to long-term averages.
Open questions
- ?Does the rising debt trend reflect financing for revenue-generating transmission capacity, or a growing reliance on external capital to sustain reported earnings growth?
- ?How does the FCF profile (positive in only 1 of 5 tracked years) reconcile with reported profit growth -- is the gap explained by capex timing, working capital, or accounting treatment?
- ?What proportion of the 106% one-year price gain is attributable to the July order win and Q1 results versus broader sector or index moves?
- ?How dilutive might the QIP be to per-share metrics, and how does that compare with the scale of the Rs 8,500 crore order win?
Peer comparison: Power
Ranks 2 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| ADANIENSOL | Adani Energy Solutions Ltd.You're viewing | 66.7 | — | 41 |
| Industry avg | across 5 peers | 42.9 | — | 38 |
| ADANIPOWER | Adani Power Ltd. | 28.3 | — | 57 |
| ADANIGREEN | Adani Green Energy Ltd. | 131.3 | — | 36 |
| POWERGRID | Power Grid Corporation of India Ltd. | 13.1 | — | 34 |
| TATAPOWER | Tata Power Co. Ltd. | 31.5 | — | 32 |
| NTPC | NTPC Ltd. | 10.3 | — | 29 |
Technical state
Current price
₹1,632.00
SMA 50
₹1,595.78
SMA 200
₹1,203.34
RSI (14)
49.0 (neutral)
From 52w high
-8.8%
1Y return
+106.3%
3M return
+23.7%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highFree cash flow was positive in only 1 of the last 5 tracked fiscal years and ROE has not exceeded 15% in any tracked year (consistency score 40/100), with the debt trend flagged as rising. Debt-to-equity is approximately 1.95x (raw field 194.5 is percent-scaled, divided by 100) -- elevated but not unusual for a regulated transmission utility mid-capex cycle; the more material combination is persistent negative FCF alongside a debt trajectory that is rising rather than stabilizing.
- mediumTrailing PE of 66.69x ranks 5th of 6 tracked Power-sector peers and is roughly 2.4x the five-peer median PE of 28.28x (NTPC 10.34x, POWERGRID 13.12x, ADANIPOWER 28.28x, TATAPOWER 31.48x, ADANIGREEN 131.35x). Forward PE compresses to 44.86x, consistent with 5y earnings growth of 124.1% outpacing 5y revenue growth of 42.4%.
- mediumA floor price was set for a Qualified Institutional Placement (reported July 28) -- an equity capital raise that increases share count -- alongside a debt trend already flagged as rising, indicating growth capex is being funded through a mix of debt and equity issuance.
- lowPrice of Rs 1,632 trades 35.6% above the 200-DMA (Rs 1,203.34) and 2.3% above the 50-DMA (Rs 1,595.78) after a 106.3% one-year rally (23.72% over 3 months), while sitting 8.78% below the 52-week high. RSI of 48.96 is in neutral territory.
Cross-section contradictions
- Price is up 106.3% over the trailing year and sits just 8.78% below its 52-week high, while ROE has not exceeded 15% in any tracked year and FCF was positive in only 1 of 5 tracked years -- the scale of the rally is not obviously explained by historical profitability persistence and may instead reflect forward earnings expectations (forward PE 44.86x) and recent news flow (4 of 7 tracked headlines positive, including a 124% YoY Q1 net profit increase and an Rs 8,500 crore order win).
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 12 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 11 Aug 2026 · rotates through NIFTY 500 every ~5 days