ADVAIT
Advait Energy Transitions Limited
NSELast Traded Price
₹2208.6
93.9 (4.44%)
Open
₹2122
High
₹2230.1
Low
₹2119
Prev Close
₹2114.7
Industry
Other Electrical Equipment
Market Cap
2416.87 Cr
Filing History
Recent corporate announcements and filings for ADVAIT
Business Update
Positive
2026-08-25 18:26
- Order Win: Advait Energy Transitions Limited won a turnkey contract from M/s MADHYA PRADESH POWER TRANSMISSION CO. LTD. (MPPTCL) for Design, Manufacturing & Supply of Emergency Restoration System (ERS) for EHV lines.
- Order Value: ₹134.62 Crores (including taxes).
- Completion Timeline: 18 Months.
Governance
Neutral
2026-08-20 19:00
- Sixteenth Annual General Meeting (AGM) of Advait Energy Transitions Limited will be held on Monday, September 21, 2026, at 12:30 p.m. via Video Conferencing/Other Audio-Visual Means (VC/OAVM).
- Monday, September 14, 2026, is fixed as the Cut-off Date for e-voting and the Record Date for determining members eligible to receive dividend for the financial year 2025-26.
Governance
Neutral
2026-08-20 18:58
- Sixteenth Annual General Meeting (AGM) will be held on Monday, September 21, 2026, at 12:30 p.m. (IST) via Video Conferencing/OAVM.
- The Annual Report for FY 2025-26 will be sent electronically.
- Monday, September 14, 2026, is fixed as the Cut-off Date for voting eligibility and the Record Date for determining members eligible for dividend (if declared) for FY 2025-26.
Business Update
Positive
2026-08-18 14:19
- Order Win: Advait Greenergy Private Limited, a material subsidiary of Advait Energy Transitions Limited, won an order from KPI Green Energy Limited.
- Order Value: ₹116 Crores (excl. taxes).
- Order Description: Turnkey Contract for EPC Work for the 200 MW Solar Ground Mounted HSAT 33 KV Project at Bikaner, Rajasthan, including Design, Supplies, Services, Testing, and Commissioning.
- Completion Timeline: 12 months.
Business Update
Positive
2026-08-11 13:52
- Order Win: Advait Energy Transitions Limited won order from Gujarat Energy Transmission Corporation Limited (GETCO)
- Order Value: ₹24,88,10,504.80
- Completion Timeline: 8 Months
Financials
Positive
2026-08-10 14:24
- Investor Presentation for Q1 FY27 (ended June 30, 2026) results.
- Unexecuted Order Book (UOB) grew 97% YoY to ₹1,330 Cr as of June 30, 2026.
- Expected orders inflow for FY27 is ₹1,600-1,650 Cr.
- Highlights strong growth and expansion in energy transition.
Financials
Positive
2026-08-07 14:45
- Consolidated Revenue ₹17,927.25 Lakhs vs ₹11,843.21 Lakhs (▲51.4% YoY)
- EBITDA ₹2,477.31 Lakhs vs ₹1,374.57 Lakhs (▲80.2% YoY)
- PAT ₹1,562.64 Lakhs vs ₹969.39 Lakhs (▲61.2% YoY)
- EBITDA Margin 13.82% vs 11.61% (▲221bps)
Financials
Positive
2026-08-07 14:39
- Consolidated Revenue ₹17,927.25 Lakhs vs ₹11,843.21 Lakhs (▲51.4% YoY)
- EBITDA ₹2,640.73 Lakhs vs ₹1,636.94 Lakhs (▲61.3% YoY)
- PAT ₹1,480.15 Lakhs vs ₹892.89 Lakhs (▲65.8% YoY)
- EBITDA Margin 14.73% vs 13.82% (▲91bps)
- Independent Director Mr. Ramesh Kumar Agrawal re-appointed for 5 years. September 14, 2026, set as record date for FY25-26 dividend and AGM voting. Increased KMP remuneration approved, subject to member approval.
Business Update
Neutral
2026-07-22 21:51
- Board approved selling 80% stake in Advait Battery Ecosystems and Advait Carbon Advisory to Advait Greenergy for ₹80,000 each, making them step-down subsidiaries.
- 7,376 employee stock options were also granted under ESOP 2022 at ₹10 per share.
Routine
Neutral
2026-07-10 20:04
New Filing detected. See link for details.
Business Update
Positive
2026-07-10 13:39
- Order Win: Advait Energy Transitions Limited won a turnkey contract from Paschim Gujarat Vij Company Ltd (PGVCL).
- Order Value: ₹75,56,30,411.00 (including taxes).
- Completion Timeline: 18 Months.
- Details: Contract for conversion of existing 11 kV HT & LT Line Network into Underground Cable Network at Udyognagar - Porbandar Circle.
Business Update
Positive
2026-07-10 13:37
- Order Win: Advait Energy Transitions Limited won order from Paschim Gujarat Vij Company Ltd (PGVCL)
- Order Value: ₹64.20 Cr.
- Completion Timeline: 18 Months
Business Update
Positive
2026-07-10 13:37
- Order Win: Advait Energy Transitions Limited won a turnkey contract from Paschim Gujarat Vij Company Ltd (PGVCL) for conversion of existing 11 kV HT & LT Line Network into underground cable network with Ring Main System at Ranavav Subdivision of Porbandar Circle.
- Order Value: ₹52,57,52,164.00 (incl taxes)
- Completion Timeline: 18 months
Business Update
Positive
2026-07-10 13:34
- Order Win: Advait Energy Transitions Limited won a turnkey contract from Paschim Gujarat Vij Company Ltd (PGVCL).
- Order Value: ₹58,25,31,158.00 (₹58.25 Crores) including taxes.
- Completion Timeline: 18 Months.
Business Update
Positive
2026-07-07 16:24
- Order Win: Advait Energy Transitions Limited won a turnkey contract from Dakshin Gujarat Vij Co. Ltd. (DGVCL).
- Order Value: ₹51,61,56,375.00 (approx. ₹51.62 Crores) including taxes.
- Project Details: Turnkey Contract for Supply, Installation, Testing and Commissioning of 11KV 55mm2 AAAC Medium Voltage Covered Conductor (MVCC) with accessories and additional poles under the Vanbandhu Kalyan Yojana-2 (VKY-2) Scheme.
- Completion Timeline: 15 Months.
Routine
Neutral
2026-06-30 13:24
- Trading window closed for Designated Persons and their immediate relatives from July 1, 2026.
- Closure is ahead of financial results for the quarter ended June 30, 2026.
- The window will reopen 48 hours after the financial results become generally available.
Business Update
Neutral
2026-06-24 19:03
- Concall Schedule
- Concall Date: June 30, 2026
- Mode of Interaction: Physical
Ownership
Neutral
2026-06-19 17:43
- Promoter Mr. Shalin Sheth acquired 1,000,000 shares (9.14% of diluted share capital) of Advait Energy Transitions Limited from promoter Ms. Rejal Sheth through an inter-se transfer as a gift on June 16, 2026.
- Post-acquisition, Mr. Shalin Sheth's holding increased from 51.20% to 60.34%.
- Ms. Rejal Sheth's holding decreased from 14.88% to 5.74%.
Ownership
Neutral
2026-06-18 16:29
- Promoters Rejal Sheth and Shalin Sheth reported an off-market inter-se transfer of shares on June 16, 2026.
- Rejal Sheth sold 1,000,000 shares (9.14%), reducing her stake from 14.88% to 5.74%.
- Shalin Sheth acquired 1,000,000 shares (9.14%), increasing his stake from 51.20% to 60.34%.
Routine
Neutral
2026-06-09 18:23
New Filing detected. See link for details.
Routine
Neutral
2026-06-09 16:18
New Filing detected. See link for details.
Business Update
Positive
2026-06-06 19:34
- Advait Energy Transitions Limited reported strong financial performance for Q4 FY26 and full-year FY26, with significant year-on-year growth in revenue, EBITDA, and PAT.
- The company's order book reached an all-time high of INR 1,304 crores, marking a 159% YoY growth, providing strong revenue visibility.
- Management projects sustained revenue growth of 40%+ for the coming years, supported by the robust order book and tender pipeline.
- Guidance for FY27 includes an expected 1% improvement in overall margins due to new manufacturing facilities becoming operational.
- The Board recommended a dividend of INR 2 per equity share for FY26.
- The company plans a capex of INR 300-350 crores for FY27, focusing on new manufacturing facilities for BESS (2.5 GWh) and electrolyzers (100 MW), expected to be operational by Q4 FY27.
- The long-term credit rating was upgraded to CRISIL A-/stable.
- Advait is actively investing in high-potential segments like green hydrogen, ammonia, ethanol, BESS, and C&I battery solutions, and has created dedicated subsidiaries for these businesses.