Advait Energy Transitions Limited (ADVAIT)
₹1,864.40 -1.06% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Advait Energy's revenue was ₹179 Cr (+51.4% year on year, -21.4% on the previous quarter), and net profit ₹14.8 Cr (+65.8% year on year); the operating margin was 13.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹179 | +51.4% | -21.4% |
| Operating profit | ₹24.8 | +80.2% | -14.6% |
| Net profit | ₹14.8 | +65.8% | -22.1% |
| EPS (₹) | 12.70 | +64.3% | -21.4% |
| Operating margin | 13.8% | — | — |
ADVAIT delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 60.21% of the ADVAIT shares traded on NSE were taken to delivery, against the stock's own 20-session average of 48.99%. The price fell 1.06% on that unusually high delivery, the pattern the delivery dashboard labels distribution.
Delivery in the last 5 sessions: 46.4% · 51.3% · 48.1% · 48.5% · 60.2%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Advait Energy Transitions Limited's subsidiary, Advait Battery Ecosystems Private Limited (ABEPL), has executed a Master Supply Agreement (MSA) with BloombergNEF Tier 1 supplier HiTHIUM. The agreement secures offtake of up to 1 GWh of 314 Ah lithium iron phosphate (LFP) prismatic battery cells over the next year. This supply anchors ABEPL's upcoming 2.5 GWh annual capacity cell-to-container Battery Energy Storage System (BESS) assembly facility in Gangad, Gujarat. Commercial value was not disclosed, but it supports the company's major scaling in clean energy storage against its current TTM revenue base of Rs 666 Cr.
- Master Supply Agreement executed on September 18, 2026, with Tier 1 manufacturer HiTHIUM
- Provides cell offtake framework of up to 1 GWh over the next 1 year
- Secures supply of 314 Ah LFP prismatic battery cells for domestic assembly
- Supports upcoming 2.5 GWh annual capacity BESS facility at Gangad, Gujarat
Advait Energy Transitions conducted its 16th Annual General Meeting on September 21, 2026. Shareholders considered 16 resolutions, including the declaration of a ₹2.00 per share dividend on equity shares of face value ₹10 for FY26. Other key agenda items commended for approval included increasing borrowing powers, raising limits under Section 186 for investments/loans/guarantees, and multiple material related-party transactions and loans with group entities (AURA, ABBPL, and AGPL). Formal voting results via remote e-voting and poll will be announced separately.
- Dividend recommended at ₹2.00 per equity share of face value ₹10 for FY26
- Dividend declared will be credited within 30 days from the conclusion of the AGM
- 16 items of ordinary and special business submitted to shareholder vote
- Resolutions include raising borrowing limits and inter-corporate loan limits under Section 186 and 185
Advait Energy Transitions Limited's step-down subsidiary, Advait Battery Ecosystem Private Limited (ABEPL), has signed a Master Supply Agreement with BloombergNEF Tier 1 manufacturer HiTHIUM. The agreement secures offtake of up to 1 GWh of 314 Ah LFP prismatic cells over the next year to support Advait's upcoming 2.5 GWh BESS assembly facility in Gangad, Gujarat. The initial pricing is fixed at $49.5/kWh for up to 350 MWh, with future volumes priced based on upcoming project awards. This contract provides critical raw material supply certainty as Advait builds out domestic cell-to-container integration capabilities.
- Master Supply Agreement signed to source up to 1 GWh of 314 Ah LFP battery cells over the next year
- Contractual value fixed at 49.5 $/kWh for up to 350 MWh (~$17.3 million or ~₹145 crore)
- Supports upcoming 2.5 GWh annual capacity cell-to-container BESS assembly facility at Gangad, Gujarat
- Partner HiTHIUM reported H1 2025 net profit exceeding RMB 100 million (~$14 million USD)
Advait Energy Transitions Limited has scheduled an institutional investor meeting at the JM Financial Environmental & Energy Conclave on September 24, 2026, in Mumbai. The interaction will be held in physical mode and will rely solely on publicly available information without discussing any unpublished price sensitive information (UPSI). As this is a standard analyst conclave attendance, it has no immediate impact on the company's financial operations or earnings.
- Meeting scheduled for Thursday, September 24, 2026
- Participation in the JM Financial Environmental & Energy Conclave
- Physical interaction mode located in Mumbai
- No unpublished price sensitive information (UPSI) will be discussed
Advait Energy Transitions Limited has scheduled its 16th Annual General Meeting (AGM) for September 21, 2026, via Video Conferencing. Along with the AGM notice, the company published its FY2025-26 Annual Report, reiterating a dividend recommendation of 20% of face value (₹2 per share). Key AGM business items include seeking shareholder approval for an inter-corporate loan of up to ₹65 crore to its 51%-owned subsidiary, Advait BESS Bhesaan Private Limited, representing ~9.09% of FY26 consolidated turnover (and ~9.8% of TTM revenue of ₹666 crore).
- 16th Annual General Meeting convened for Monday, September 21, 2026, at 12:30 p.m. IST via Video Conferencing.
- Recommended dividend of 20% of face value (₹2 per share) for FY25-26.
- Seeking shareholder approval for an inter-corporate loan of up to ₹65 crore to 51% subsidiary Advait BESS Bhesaan Pvt Ltd.
- Proposed loan to subsidiary equals 9.09% of the listed entity's prior year consolidated turnover.
Advait Energy Transitions Limited has secured a domestic turnkey contract valued at ₹134.62 crore (inclusive of taxes) from Madhya Pradesh Power Transmission Co. Ltd. (MPPTCL). The contract covers the design, manufacturing, and supply of Emergency Restoration Systems (ERS) for 400kV, 220kV, and 132kV voltage class EHV lines. The project is scheduled for execution over a period of 18 months. The order size represents approximately 20.2% of the company's TTM revenue of ₹666 crore, significantly boosting its order book visibility.
- Received turnkey contract worth ₹1,34,62,48,481.92 (incl. taxes) from MPPTCL on August 25, 2026
- Scope entails design, manufacturing & supply of ERS for 400kV, 220kV & 132kV EHV lines with accessories
- Execution timeline set at 18 months from award
- Order value represents ~20.2% of TTM revenue (₹666 Cr)
Advait Energy Transitions Limited has scheduled its 16th Annual General Meeting (AGM) for Monday, September 21, 2026, via video conferencing. The company has fixed September 14, 2026, as the record date to determine eligibility for the FY2025-26 dividend and as the cut-off date for AGM e-voting. Dividend payout remains subject to member approval at the upcoming AGM.
- 16th Annual General Meeting to be held on September 21, 2026 at 12:30 p.m. IST via VC/OAVM
- Record date for FY2025-26 dividend entitlement set as September 14, 2026
- Cut-off date for e-voting eligibility set as September 14, 2026
Advait Energy Transitions Limited has scheduled its 16th Annual General Meeting (AGM) for Monday, September 21, 2026, at 12:30 p.m. IST via video conferencing. The company has fixed Monday, September 14, 2026, as the cut-off date for e-voting eligibility and as the record date for determining shareholders eligible for the FY26 dividend, if declared. The Annual Report for FY26 will be dispatched electronically to registered members.
- 16th Annual General Meeting to be held on September 21, 2026 at 12:30 p.m. IST via VC/OAVM
- Record date and cut-off date fixed as September 14, 2026 for dividend eligibility and AGM e-voting
- FY26 Annual Report and notice to be dispatched electronically to registered shareholders
Advait Energy Transitions Limited's material subsidiary, Advait Greenergy Private Limited, has secured a ₹116 crore (excluding taxes) turnkey EPC contract from KPI Green Energy Limited. The project entails EPC work for a 200 MW Ground Mounted HSAT 33 KV solar project located in Bikaner, Rajasthan. The contract spans design, supply, testing, and commissioning, with an execution timeline of 12 months. The contract value represents approximately 17.4% of the company's TTM revenue of ₹666 crore.
- Order value of ₹116,00,00,000 (₹116 crore) excluding taxes
- Turnkey EPC work for a 200 MW Solar Ground Mounted HSAT 33 KV project at Bikaner, Rajasthan
- Awarded by domestic client KPI Green Energy Limited on August 17, 2026
- Execution timeline set for 12 months
Advait Energy Transitions Limited has secured a turnkey contract worth Rs 24.88 crore from Gujarat Energy Transmission Corporation Limited (GETCO). The order involves the design, manufacturing, and supply of Emergency Restoration Systems (ERS) for 400KV transmission lines, also compatible with 220kV/132kV/66kV classes. This contract represents approximately 3.65% of the company's TTM revenue of Rs 681 crore. The project is slated for completion within a relatively short timeframe of 8 months.
- Total contract value of Rs 24,88,10,504.80 including taxes
- Execution timeline set for 8 months from the date of award
- Order involves specialized 400KV Emergency Restoration Systems (ERS)
- Contract awarded by domestic state utility Gujarat Energy Transmission Corporation Limited (GETCO)
Advait Energy Transitions reported a strong Q1 FY27 with revenue rising 51% YoY to Rs 179 Cr and EBITDA growing 80% to Rs 25 Cr. The company's order book reached a record Rs 1330 Cr, which is approximately 1.95x its TTM revenue, providing high growth visibility. EBITDA margins improved significantly to 13.8% from 11.6% YoY. The company is aggressively diversifying, with 29% of the order book now coming from New & Renewable Energy (NRE) segments including Green Hydrogen and BESS.
- Order book reached Rs 1330 Cr as of Q1 FY27, marking a 97% growth compared to Q1 FY26.
- Q1 FY27 revenue increased 51% YoY to Rs 179 Cr, with EBITDA growing 80% to Rs 25 Cr.
- Secured fresh order inflows of approximately Rs 255 Cr during the first quarter.
- Established a new 30 MW Electrolyser manufacturing facility for the Green Hydrogen segment.
- Carbon division issued 63,000 I-RECs for a Nepal-based client in a single month.
Advait Energy Transitions reported a strong start to FY27 with consolidated revenue growing 48% YoY to ₹179.27 Cr. Net profit (PAT) surged 60% YoY to ₹14.30 Cr, driven by the core Power Transitions Division which contributed 71% of total revenue. The company also set September 14, 2026, as the record date for its FY26 dividend and proposed remuneration hikes for two related-party executives. While growth is robust, the New & Renewable Energy segment shows lower margins (7.7%) compared to the Power Transitions segment (16.8%).
- Consolidated Revenue increased 48% YoY to ₹179.27 Cr from ₹121.06 Cr in the same quarter last year.
- Consolidated PAT grew 60% YoY to ₹14.30 Cr, representing a significant improvement in bottom-line performance.
- Power Transitions Division revenue reached ₹127.22 Cr, maintaining its position as the primary business driver.
- New & Renewable Energy (NRE) segment revenue grew 15.5% YoY to ₹52.06 Cr.
- Board approved remuneration increases for related-party executives Ms. Rutvi Sheth (₹55 Lakhs) and Mr. Vatsal Kundalia (₹75 Lakhs).
Advait Energy Transitions Limited reported a strong Q1 FY27 with consolidated revenue rising 48.1% YoY to ₹179.27 Cr. Net profit (PAT) surged 60.2% YoY to ₹14.30 Cr, driven by robust performance in the Power Transitions segment. The board also fixed September 14, 2026, as the record date for the FY26 dividend and proposed remuneration hikes for two related parties (family members of the MD) totaling up to ₹1.3 Cr per annum.
- Consolidated Revenue increased to ₹179.27 Cr in Q1 FY27 from ₹121.06 Cr in Q1 FY26, a 48.1% growth.
- Net Profit (PAT) grew to ₹14.30 Cr from ₹8.93 Cr in the same quarter last year.
- Power Transitions Division remains the primary driver with ₹127.22 Cr revenue and 16.8% segment margins.
- New & Renewable Energy segment contributed ₹52.06 Cr to revenue with a 7.7% segment margin.
- Record date for FY26 dividend and AGM voting eligibility set for September 14, 2026.
Advait Energy Transitions is restructuring its new ventures by transferring 80% stakes in Advait Battery Ecosystems (ABEPL) and Advait Carbon Advisory (ACARA) to its material subsidiary, Advait Greenergy. Both target entities were incorporated in April 2026 and currently report nil revenue, with the transfer occurring at a nominal value of Rs 80,000 each. Additionally, the board approved the exercise of 7,376 ESOPs at Rs 10 per share. This internal reorganization consolidates the company's green energy and battery initiatives under a single specialized subsidiary.
- Transfer of 80% stake in ABEPL and ACARA for a total consideration of Rs 1,60,000
- Both target entities were incorporated in April 2026 and have reported NIL revenue to date
- The transaction is expected to be completed by September 15, 2026
- Approval and exercise of 7,376 ESOPs under the 2022 plan at an exercise price of Rs 10
- Post-transaction, ABEPL and ACARA will become step-down subsidiaries of the company
Promoter Shalin Sheth acquired 10,00,000 equity shares, representing a 9.14% stake in Advait Energy Transitions Limited, from his spouse Rejal Sheth on June 16, 2026. The transaction was an off-market inter-se transfer executed as a gift, involving no cash consideration. While Shalin Sheth's individual holding increased from 51.20% to 60.34%, the aggregate promoter group holding remains unchanged. This filing is a regulatory report under SEBI SAST Regulations following the completion of the transfer.
- 10,00,000 equity shares transferred from Rejal Sheth to Shalin Sheth
- 9.14% of the total paid-up share capital changed hands within the promoter group
- Acquirer Shalin Sheth's individual stake increased from 51.20% to 60.34%
- Transaction price was Nil as the transfer was a gift between immediate relatives
- Aggregate promoter group shareholding remains the same post-transaction
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