Advait Energy Transitions Limited
Advait Energy Transitions Limited (formerly known as, Advait Infratech Limited) established in 2009 and headquartered in Gujarat, is a global leader in end-to-end solutions for power transmission, substations, and telecommunication infrastructure. Advait's core capabilities include the manufacturing and supply of Stringing Tools, ACS Wires, OPGW Cables, ERS, Optical Fibre Cables, and a comprehensive range of insulators. The company has delivered complex EPC projects, including live-line OPGW installations, underground cabling, and integration of MVCC and HT AB cables, demonstrating its end-to-end project execution capabilities. In 2023, Advait expanded into the renewable energy domain, undertaking projects in Green Hydrogen and Solar Power integration.
Strengths
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 50.0% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%
- +Company's median sales growth is 43.3% of last 10 years
Weaknesses
- −Stock is trading at 8.63 times its book value
- −Promoter holding has decreased over last 3 years: -6.73%
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.47% | 69.44%▼4.0 | 69.46%▲0.0 | 69.46% | 67.45%▼2.0 | 66.81%▼0.6 | 66.8%▼0.0 | 66.8% |
| FIIs | 0.01% | 0.01% | 0%▼0.0 | 0% | 0% | 0% | 0.02%▲0.0 | 0.21%▲0.2 |
| DIIs | 0% | 0% | 0% | 0.31%▲0.3 | 0.72%▲0.4 | 0.57%▼0.2 | 0.35%▼0.2 | 0.13%▼0.2 |
| Public | 26.52% | 30.56%▲4.0 | 30.55%▼0.0 | 30.22%▼0.3 | 31.84%▲1.6 | 32.63%▲0.8 | 32.82%▲0.2 | 32.84%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 48 | 73 | 60 | 58 | 48 | 94 | 95 | 73 | 95 | 125 |
| Expenses | 40 | 60 | 49 | 50 | 38 | 79 | 81 | 62 | 80 | 104 |
| Operating Profit | 8 | 12 | 11 | 8 | 9 | 15 | 14 | 12 | 15 | 21 |
| OPM % | 17% | 17% | 18% | 14% | 20% | 16% | 15% | 16% | 16% | 17% |
| Net Profit | 5 | 8 | 7 | 6 | 6 | 10 | 10 | 8 | 10 | 13 |
| EPS ₹ | 4.88 | 7.58 | 7.02 | 5.71 | 5.17 | 9.62 | 8.96 | 7.4 | 9.42 | 11.44 |
AI Insights
TTM revenue at ₹389Cr, up 31.9% YoY. OPM at 16%.
Borrowings at ₹62Cr. Debt-to-equity ratio: 0.28x. Healthy balance sheet.
CWIP at ₹1Cr (3% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 0.13% (+0.13pp change). FIIs: 0.21% (+0.21pp change). Promoters hold 66.8%.
ROCE declining from 152% (Mar 2014) to 28% (Mar 2025). Working capital days: 6.
PE 50.4x with 27.7% ROCE. Price is 782% above book value of ₹212. Dividend yield: 0.09%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Acquisition 28 Apr - Company incorporated three subsidiaries on April 27, 2026 for battery, carbon advisory, and renewable assets businesses.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - Advait confirms it is not a large corporate; outstanding borrowing was Rs. 47.12 crore on March 31, 2026.
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 21 Apr - Advait won PTCUL order for 132 kV line HTLS conductor replacement worth Rs.27.74 crore, executable in 10 months.
- Intimation - Confirmation For L1 Stage - Successful Bidder 10 Apr - Received L1 bid confirmation for DGVCL MVCC turnkey tender on April 9, 2026.
- Intimation Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 - Winding Up Of Wholly Owned Subsidiary Named Advait Energy Holdings AS (Norway) 2 Apr - Wholly owned subsidiary Advait Energy Holdings AS liquidated effective March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse