ADVAIT ENERGY TRANSITIONS LIMITED

BSE: ADVAIT543230ISIN INE0ALI01010

Industrials
Other Electrical Equipment

BSE listing

Share price

₹2,002.80+11.85 (+0.60%)

as of 18 Sep 2026

52W high: ₹2,485.70
52W low: ₹1,321.05
Off 52W high: -19.43%
1M return: -4.38%
3M return: -16.49%
6M return: +21.72%
1Y return: +8.70%
20D avg volume: 7,780
50 DMA: ₹2,159.26
200 DMA: ₹1,884.16

Key ratios Consolidated

Market cap: ₹2,192 Cr
Current price: ₹2,002.80
52W high / low: ₹2,485.70 / ₹1,321.05
Face value: ₹10.00
P/E: 35.13
P/B: —
EPS (TTM): ₹57.01
Book value / share: —
ROE: —
ROCE: 28.00%
Operating margin: —
Net margin: —
Debt / equity: 0.31
Net debt: ₹64.57 Cr
Interest cover: 6.16
Dividend yield: 0.10%
Dividend / share (TTM): ₹2.00
Payout: 3.51%
Cash conversion cycle: -1.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	179.27	228.20	211.03	156.87	118.43	194.67	—
	1.63	3.20	4.59	2.09	2.62	3.85	—
	159.99	204.46	192.05	142.97	108.23	180.09	—
	145.10	146.18	125.92	113.78	50.52	78.55	—
	3.78	33.10	47.55	16.87	46.84	88.04	—
	4.30	5.34	4.35	3.78	3.50	3.61	—
	4.52	4.09	4.27	2.61	2.68	3.61	—
	0.96	0.96	0.91	0.81	0.86	0.82	—
	6.33	14.60	10.06	5.78	5.65	5.28	—
	20.92	26.93	23.57	15.99	12.83	18.43	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	20.92	26.93	23.57	15.99	12.83	18.43	—
	5.29	6.98	5.57	4.12	3.13	5.55	—
	14.80	19.07	17.39	11.11	8.93	12.88	—
	12.70	16.15	15.19	9.74	7.73	10.68	—
Key metrics
	26.40	31.98	28.75	19.41	16.37	22.86	—
	14.70%	14.00%	13.60%	12.40%	13.80%	11.70%	—
	8.30%	8.40%	8.20%	7.10%	7.50%	6.60%	—
	—	9.40%	—	6.20%	—	8.50%	—
	51.40%	17.20%	—	—	—	—	—
	65.70%	48.10%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	775.37	714.52	399.11	—
	11.51	12.72	7.35	—
	699.47	649.37	361.79	—
	530.98	436.04	188.57	—
	101.30	144.35	114.72	—
	17.77	16.97	12.79	—
	15.49	15.09	9.76	—
	3.64	3.54	3.48	—
	36.77	36.67	25.67	—
	87.41	77.88	44.67	—
	0.00	0.00	0.00	—
	87.41	77.88	44.67	—
	21.96	19.79	12.62	—
	62.37	55.07	32.05	—
	53.78	47.43	29.06	—
Key metrics
	106.54	96.51	57.91	—
	13.74%	13.50%	14.50%	—
	8.04%	7.70%	8.00%	—
	—	28.00%	21.10%	—
	—	79.00%	—	—
	—	71.80%	—	—
	—	-122.25	32.03	—
	—	-0.18	1.45	—
	—	0.31	0.23	—
	—	64.57	45.58	—
	—	-1.5	33.2	—
Balance sheet
	—	667.06	492.16	—
	—	442.11	401.61	—
	—	24.73	2.55	—
	—	147.86	189.17	—
	—	59.13	15.65	—
	—	55.50	33.96	—
	—	72.21	46.23	—
	—	209.79	168.48	—
	—	335.55	234.15	—
	—	89.30	48.13	—
	—	66.70	14.64	—
	—	22.60	33.49	—
	—	290.95	208.02	—
Cash flow
	—	-9.68	46.47	—
	—	-33.33	-93.95	—
	—	68.51	99.53	—
	—	112.57	14.44	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	129.34	154.05	124.71	95.46	73.46	95.38	—
	1.47	2.77	1.54	2.88	2.53	4.30	—
	113.85	135.95	109.12	84.47	65.42	85.52	—
	99.90	97.29	78.67	57.22	46.06	66.00	—
	3.78	14.80	12.51	14.61	9.25	6.92	—
	3.84	4.62	3.86	3.43	3.20	4.04	—
	4.47	3.98	4.60	3.44	2.63	3.51	—
	0.95	0.94	0.90	0.80	0.85	0.64	—
	5.93	14.13	9.59	5.63	5.26	4.70	—
	16.95	20.87	17.13	13.87	10.57	14.16	—
	0.00	-0.03	0.00	0.00	0.00	0.00	—
	16.95	20.84	17.13	13.87	10.57	14.16	—
	4.32	5.41	4.62	3.57	2.56	4.46	—
	12.63	15.42	12.51	10.30	8.01	9.70	—
	11.54	14.10	11.45	9.43	7.40	9.10	—
Key metrics
	22.37	25.76	22.63	18.11	14.05	18.31	—
	17.30%	16.70%	18.10%	19.00%	19.10%	19.20%	—
	9.80%	10.00%	10.00%	10.80%	10.90%	10.20%	—
	—	8.20%	—	6.20%	—	7.10%	—
	76.10%	61.50%	—	—	—	—	—
	57.70%	59.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	503.56	447.69	295.48	—
	8.66	9.94	7.36	—
	443.39	395.18	259.85	—
	333.08	278.89	174.26	—
	45.70	51.16	32.55	—
	15.75	15.11	11.10	—
	16.49	14.66	8.69	—
	3.59	3.49	2.52	—
	35.28	35.18	23.98	—
	68.82	62.45	42.99	—
	-0.03	-0.03	0.00	—
	68.79	62.42	42.99	—
	17.92	16.17	11.50	—
	50.86	46.24	31.49	—
	46.52	42.41	29.57	—
Key metrics
	88.87	80.57	54.20	—
	17.65%	18.00%	18.30%	—
	10.10%	10.30%	10.70%	—
	—	25.50%	20.90%	—
	—	51.50%	—	—
	—	46.80%	—	—
	—	-72.70	49.76	—
	—	0.13	1.58	—
	—	0.34	0.23	—
	—	66.72	43.66	—
	—	15.0	37.0	—
Balance sheet
	—	580.50	366.68	—
	—	362.71	278.88	—
	—	21.66	2.36	—
	—	130.65	78.33	—
	—	19.60	12.22	—
	—	38.56	32.59	—
	—	57.26	33.73	—
	—	131.88	60.63	—
	—	278.72	119.45	—
	—	88.38	46.02	—
	—	65.78	13.08	—
	—	22.60	32.94	—
	—	261.26	199.36	—
Cash flow
	—	5.83	49.76	—
	—	-59.92	-72.95	—
	—	75.46	90.23	—
	—	78.53	0.00	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 66.77%

Holder	Type	Holding	Previous	Change
SHETH SHALIN RAHULKUMAR	Promoter	60.34%	—	—
REJAL SHALIN SHETH	Promoter	5.74%	—	—
TANVI JIGNESH MEHTA	Public	2.30%	—	—
ASHISH KACHOLIA	Public	1.83%	—	—
KEDIA SECURITIES PRIVATE LIMITED	Public	1.14%	—	—
SURESH KUMAR AGARWAL	Public	1.08%	—	—
RUTVI SHALIN SHETH	Promoter Group	0.69%	—	—
PMS	Public	0.31%	—	—
LLP - PMS	Public	0.12%	—	—
RAHULKUMAR CHANDRAKANT SHETH	Promoter Group	0.00%	—	—
Custodian Clnt Ind Resi with Nomination	Public	0.00%	—	—
Others	Public	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Master supply agreement executed between Advait Battery Ecosystems Private Limited (Step down subsidiary of Advait Energy Transitions Limited) and Hithium19 Sep 2026 · Company Update / Memorandum of Understanding /Agreements
Participation in JM Financial Environmental and Energy Conclave on September 24, 202618 Sep 2026 · Company Update / Analyst / Investor Meet
Newspaper Clippings -Sixteenth Annual General Meeting, Record Date for Dividend and Information on E-voting29 Aug 2026 · Company Update / Newspaper Publication
Annual General Meeting of the Company will be held on September 21, 202628 Aug 2026 · AGM/EGM / AGM
Annual Report for FY 2025-2628 Aug 2026 · Others / Reg. 34 (1) Annual Report
Turnkey contract for design, manufacturing & Supply of ERS from M/s. Madhya Pradesh Power Transmission Co. Ltd.25 Aug 2026 · Company Update / Award of Order / Receipt of Order
Newspaper publication for Annual General Meeting and record date21 Aug 2026 · Company Update / Newspaper Publication
Sixteenth annual general meeting of the company to be held on September 21, 2026, through video conferencing or other audio-visual mode. Record date for determining eligibility of members ....20 Aug 2026 · AGM/EGM / AGM
Turnkey contract for EPC work from KPI Green Energy Limited to Advait Greenergy Private Limited, material subsidiary of the company.18 Aug 2026 · Company Update / Award of Order / Receipt of Order
Order received from GETCO11 Aug 2026 · Company Update / Award of Order / Receipt of Order
Investors presentation on standalone and consolidated unaudited financial results for the quarter ended on June 30, 2026.10 Aug 2026 · Company Update / Investor Presentation
Approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, duly reviewed and recommended by the Audit Committee and approved by the Board ....7 Aug 2026 · Board Meeting / Outcome of Board Meeting
Approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, duly reviewed and recommended by the Audit Committee and approved by the Board ....7 Aug 2026 · Result / Financial Results
Advait Energy Transitions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve Unaudited Standalone ....31 Jul 2026 · Board Meeting / Board Meeting
Clarification28 Jul 2026 · Company Update / General
Revised outcome - Original outcome which is filed is not disseminated to Stock exchange because of Technical error on BSE site22 Jul 2026 · Company Update / Revision of outcome
Outcome22 Jul 2026 · Others / Outcome without intimation
Report received under regulation 10(7) of SEBI SAST Regulations10 Jul 2026 · Company Update / General
Turnkey contract for conversion of existing 11 kV HT & LT Line network into underground cable network at Adhewada (Akwada)- Bhavnagar Circle under PGVCL(Package-18)10 Jul 2026 · Company Update / Award of Order / Receipt of Order
Turnkey contract for conversion of 11 kV HT & LT Line network into underground cable network at Ranavav - Porbandar Circle under PGVCL (Package -58)10 Jul 2026 · Company Update / Award of Order / Receipt of Order
Turnkey contract for conversion of 11kV HT & LT Line network into underground cable network at Mandvi city - Bhuj Circle under PGVCL(Package-43)10 Jul 2026 · Company Update / Award of Order / Receipt of Order
Turnkey Contract for conversion of existing 11kV HT & LT Line network into underground cable network at udyognagar-porbandar circle under PGVCL(Package 61).10 Jul 2026 · Company Update / Award of Order / Receipt of Order
Intimation of order bagged for supply, installation, testing and commissioning of 11KV 55mm2 AAAC Medium Voltage Covered Conductor(MVCC) with its accessories - DGVCL.7 Jul 2026 · Company Update / Award of Order / Receipt of Order
Closure of Trading window30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Investor meet on June 30, 202624 Jun 2026 · Company Update / Analyst / Investor Meet
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shalin Sheth19 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rejal Sheth19 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosure received under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers ) Regulations, 2011, from Mr. Shalin Sheth and Ms. Rejal Sheth.18 Jun 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shalin Sheth18 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosure received from Promoter for proposed acquisition by Mr. Shalin Sheth under Regulation 10(5) of SEBI (SAST) Regulations, 20119 Jun 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....9 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011
Transcript of Post Results Conference Call on Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 20266 Jun 2026 · Company Update / Earnings Call Transcript
Agreement signed by Advait BESS Bhesaan Pvt Ltd, subsidiary of the Company2 Jun 2026 · Company Update / General
Audio Recording of Post Results Conference call on Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended on March 31, 20261 Jun 2026 · Company Update / Analyst / Investor Meet
Statutory Auditors of the Company have issued Audit Report with unmodified opinion on the Audited Financial Results (Standalone and Consolidated) for the quarter and Financial Year ended ....30 May 2026 · Company Update / General
Annual Secretarial Compliance Report for the financial year ended on 31st March 202629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Incorporation of new Subsidiary named "Advait BESS Bhesaan Private Limited"27 May 2026 · Company Update / Acquisition
Investors Presentation for quarter and financial year ended March 31, 202627 May 2026 · Company Update / Investor Presentation
Statement of Deviation or variation in utilisation of funds27 May 2026 · Company Update / General
Outcome of Board Meeting.27 May 2026 · Board Meeting / Outcome of Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.0000	11 Sep 2026	14 Sep 2026	—
Final Dividend - Rs. - 1.7500	12 Sep 2025	12 Sep 2025	—
Final Dividend - Rs. - 1.5000	23 Sep 2024	23 Sep 2024	—

Board meetings

7 Aug 2026 Board Meeting - Financial Results