Adani Energy Solutions Ltd.
Power · NSE
52-week range
₹745 – ₹1,464
From 52w high
-8.4%
RSI (14)
59.5
vs SMA 50 / 200
↑ 50 · ↑ 200
Adani Energy Solutions (ADANIENSOL) operates in the Power sector and is priced at ₹1,353.60 as of 2026-05-11, up 49.2% over the past 12 months and 38.9% over the past 3 months. The trailing PE stands at 73.1 against a forward PE of 39.9, implying the market is pricing in a significant step-up in earnings. Debt-to-equity of 194.5 and free cash flow positive in only 1 of the available fiscal years are the defining fundamental constraints.
- ✓Revenue has grown at a 5-year CAGR of 16.8%, indicating consistent top-line expansion in the power transmission and distribution segment.
- ✓Forward PE of 39.9 is materially below the trailing PE of 73.1, which reflects market expectations of a substantial near-term earnings acceleration.
- ✓Price is 39.5% above the 200-DMA (₹969.30) and 20.6% above the 50-DMA (₹1,121.94), with the stock only 7.5% off its 52-week high — the price trend has been consistently upward across multiple timeframes.
- ✓Mean analyst rating of 1.875 across 8 analysts (1–5 scale, lower = more constructive), indicating coverage leans toward the constructive end of the scale.
- ✗D/E of 194.5 with a rising debt trend is extreme for a non-financial power company; debt servicing obligations consume a large share of operating cash flows and leave limited buffer for adverse rate or revenue scenarios.
- ✗Free cash flow has been positive in only 1 of the available fiscal years; the business has not demonstrated the ability to self-fund growth without external capital.
- ✗ROE of 9.66% with zero years above 15% in the available history and a consistency score of 40 indicates returns on equity remain structurally low relative to cost of capital for leveraged infrastructure businesses.
- ✗Quality score of 23 is the lowest among the 6 peers with valid data; POWERGRID scores 52 and ADANIPOWER 41, highlighting the gap in fundamental quality within the same sector.
- ·Adani Energy Solutions published FY26 audited results with an investor presentation in late April 2026, providing the most recent earnings update (source: TipRanks, 2026-04-23).
- ·The stock rose approximately 51% in a single month leading into late April 2026, drawing coverage from financial media examining the pace of the move (source: Business Today, 2026-04-28).
- ·News flow is limited to 2 articles in the tracked window; the overall news sentiment is neutral with no positive or negative items flagged by the sentiment engine.
- ?Given D/E of 194.5 and a rising debt trend, how does the company plan to service and reduce debt as interest rates fluctuate, and what portion of operating cash flow is currently absorbed by interest payments?
- ?The forward PE of 39.9 implies a large earnings step-up from the trailing PE of 73.1 — what specific contracts, capacity additions, or regulatory tailwinds are expected to drive that earnings growth?
- ?With FCF positive in only 1 of the available years, how has the company been financing its capital expenditure, and what is the trajectory of capex relative to depreciation going forward?
- ?Does the 49.2% 12-month price appreciation reflect re-rating of the sector broadly (e.g., government transmission investment cycles) or company-specific execution, and how does peer price performance compare over the same period?
PE
73.1
Forward PE
39.9
ROE
+9.7%
Profit margin
+8.3%
D/E
194.50
Dividend yield
—
Quality score
23/100
ROE 5y above 15%
0/5 yrs
FCF 5y positive
1/5 yrs
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.Analysis generated 10 May 2026.