Adani Energy Solutions Limited
ADANIENSOL · 539254 · Utilities · Power Distribution
- Market cap
- Rs 1,66,933 Cr
- P/E
- 42.40x
- P/B
- 5.33x
- 52W high / low
- Rs 1,789 / Rs 803.1
Our computed roe (15.61%) diverges from BSE's own published figure (2.95%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.
About Adani Energy Solutions
Adani Energy Solutions Limited is listed on the NSE under the symbol ADANIENSOL and on the BSE under scrip code 539254. It is classified in the Utilities sector, industry: Power Distribution. It is a constituent of BSE 200, NIFTY 100, NIFTY 200, NIFTY 500, NIFTY Energy and NIFTY Next 50. The company listed on 31 Jul 2015 and has a face value of Rs 10.
The latest available end-of-day price is Rs 1,365 (+5.49% on the day), for a market capitalisation of Rs 1,66,933 Cr. Trailing P/E is 42.40x and price-to-book is 5.33x. The 52-week range is Rs 803.1 to Rs 1,789. The latest price is 57% of the way from the 52-week low to the 52-week high.
Against the 14-company comparison set from the official BSE industry Power, its market capitalisation is 2.0 times the peer median of Rs 85,516 Cr, and its P/E of 42.40x compares with a peer median of 25.53x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Adani Energy Solutions Limited reported revenue of Rs 27,588 Cr and net profit of Rs 2,393 Cr, with a net margin of 8.67% and earnings per share of Rs 24.68 (consolidated statements).
Year-on-year change: revenue +15.87%; net profit +159.60%; EPS +52.91%. Three-year compound annual growth rate: revenue +26.96%; net profit +1.09%.
At the same date the balance sheet shows total assets of Rs 92,835 Cr, shareholders' equity of Rs 25,428 Cr, total debt of Rs 48,898 Cr, cash of Rs 1,735 Cr, a debt-to-equity ratio of 1.92 and operating cash flow of Rs 10,997 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 33,960 Cr, net income of Rs 3,897 Cr and a net margin of 11.48%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Adani Energy Solutions Limited's ownership is split: promoters 73.39%; foreign institutional investors (FIIs) 9.56%; domestic institutional investors (DIIs) 13.61%; retail and other shareholders 3.44%.
Compared with the filing for 30 Jun 2026: promoter holding −1.32 percentage points; FII holding −0.57 percentage points; DII holding +1.85 percentage points.
The same filing lists reported promoter pledge of 0.00% and 3,82,685 shareholders on record.
Recent filings and corporate actions
131 BSE corporate announcements were filed by Adani Energy Solutions Limited in the past twelve months; the most frequent category is "Company Update" (103). The most recent is "Audio Recording of Analyst''s / Investor''s Call pertaining to Unaudited Financial Results of the Company for the quarter and half year end…" (Company Update), filed on 26 Oct 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE industry: Power. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
The basic-industry group was too small, so this table uses the broader official industry.
| Adani Power Limited | Rs 191.2 | Rs 3,68,723 Cr | Rs 68,257 Cr | Rs 18,645 Cr | 20.23x | 30.05% |
| NTPC Limited | Rs 310.5 | Rs 3,01,082 Cr | Rs 1,93,119 Cr | Rs 28,334 Cr | 10.85x | 14.34% |
| Power Grid Corporation of India Limited | Rs 260 | Rs 2,41,816 Cr | Rs 47,937 Cr | Rs 15,896 Cr | 15.20x | 16.46% |
| Adani Green Energy Limited | Rs 1,307 | Rs 2,15,263 Cr | Rs 15,747 Cr | Rs 2,249 Cr | 95.48x | 11.68% |
| Adani Energy Solutions LimitedThis company | Rs 1,365 | Rs 1,66,933 Cr | Rs 34,624 Cr | Rs 3,897 Cr | 42.40x | 15.61% |
| Tata Power Company Limited | Rs 344.55 | Rs 1,10,104 Cr | Rs 65,215 Cr | Rs 5,256 Cr | 28.50x | 10.26% |
| JSW Energy Limited | Rs 510 | Rs 93,484 Cr | Rs 21,200 Cr | Rs 2,776 Cr | 39.41x | 7.98% |
| NHPC Limited | Rs 77.2 | Rs 77,548 Cr | Rs 13,203 Cr | Rs 4,267 Cr | 20.42x | 9.36% |
| NTPC Green Energy Limited | Rs 83.93 | Rs 70,722 Cr | Rs 3,405 Cr | Rs 606 Cr | — | 3.25% |
| Torrent Power Limited | Rs 1,177.4 | Rs 59,329 Cr | Rs 29,483 Cr | Rs 2,390 Cr | 25.53x | 12.67% |
| NLC India Limited | Rs 237.75 | Rs 32,967 Cr | Rs 19,219 Cr | Rs 3,367 Cr | 9.91x | 16.73% |
| Acme Solar Holdings Limited | Rs 415.8 | Rs 29,355 Cr | Rs 3,283 Cr | Rs 756 Cr | 34.97x | 15.81% |
| SJVN Limited | Rs 52.4 | Rs 20,592 Cr | Rs 5,180 Cr | Rs 639 Cr | 32.35x | 4.50% |
| CESC Limited | Rs 128.14 | Rs 17,043 Cr | Rs 20,047 Cr | Rs 1,627 Cr | 10.95x | 12.64% |
| Median | Rs 285.25 | Rs 85,516 Cr | Rs 20,623 Cr | Rs 3,071 Cr | 25.53x | 12.65% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Adani Energy Solutions
Same official industry (Power Distribution)
- Adani Power LimitedADANIPOWER · Market cap Rs 3,68,723 Cr
- NTPC LimitedNTPC · Market cap Rs 3,01,082 Cr
- Power Grid Corporation of India LimitedPOWERGRID · Market cap Rs 2,41,816 Cr
- Adani Green Energy LimitedADANIGREEN · Market cap Rs 2,15,263 Cr
- Tata Power Company LimitedTATAPOWER · Market cap Rs 1,10,104 Cr
- JSW Energy LimitedJSWENERGY · Market cap Rs 93,484 Cr
- NHPC LimitedNHPC · Market cap Rs 77,548 Cr
- NTPC Green Energy LimitedNTPCGREEN · Market cap Rs 70,722 Cr
Other Utilities companies of a similar market capitalisation
- Torrent Power LimitedTORNTPOWER · Market cap Rs 59,329 Cr
- NLC India LimitedNLCINDIA · Market cap Rs 32,967 Cr
- Acme Solar Holdings LimitedACMESOLAR · Market cap Rs 29,355 Cr
- SJVN LimitedSJVN · Market cap Rs 20,592 Cr
- CESC LimitedCESC · Market cap Rs 17,043 Cr
- NAVA LIMITEDNAVA · Market cap Rs 14,740 Cr
- Jaiprakash Power Ventures LimitedJPPOWER · Market cap Rs 8,992 Cr
- Reliance Power LimitedRPOWER · Market cap Rs 7,850 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.