Adani Energy Solutions Ltd
Adani Energy Solutions Reports Q2 FY27 PAT Up 145% to Rs 1,364 crore
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 22 Oct 2026, 03:35 PM IST · BSE ID: 94f82a90-b91a-4cd9-8faa-ea4804abccaf
View Original BSE Filing (PDF)
💡
In Simple Terms
Adani Energy Solutions' quarterly profits more than doubled, driven by strong growth in its power transmission, distribution, and smart metering businesses.
🤖 AI Summary
- Q2 FY27 Profit After Tax (PAT) more than doubled, increasing 145% YoY to Rs 1,364 crore.
- Total income for Q2 FY27 grew 51% YoY to an all-time high of Rs 10,239 crore.
- EBITDA for Q2 FY27 rose 67% YoY to a record Rs 3,548 crore.
- Transmission capex in H1 FY27 increased 1.7x to Rs 5,542 crore.
- Secured two new transmission projects, adding ~Rs 87,000 crore to the under-construction pipeline.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Income (Q2 FY27)
Rs 10,239 crore
51%
PAT (Q2 FY27)
Rs 1,364 crore
145%
EBITDA (Q2 FY27)
Rs 3,548 crore
67%
Transmission Capex (H1 FY27)
Rs 5,542 crore
Aggregate Transmission Pipeline
~Rs 87,000 crore
Cumulative Smart Meters Installed (H1 FY27)
14.8 million
🏢 How This Affects the Company
The company expanded its transmission project pipeline to ~Rs 87,000 crore by securing two new projects. The smart meter order book remains at 24.6 million meters with a revenue potential of Rs 29,519 crore.
PAT increased by 145% YoY to Rs 1,364 crore in Q2 FY27, and total income grew 51% YoY to Rs 10,239 crore, demonstrating revenue and earnings growth. The company raised Rs 3,500 crore via QIP.
Cumulative smart meter installations reached 14.8 million in H1 FY27, up from 7.4 million in H1 FY26. Transmission network expanded to 29,739 ckm, compared to 26,705 ckm in H1 FY26.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected as the company reported substantial growth in Profit After Tax and Total Income for the quarter and half-year ended September 30, 2026.
🔍
Management Signal
Management is focused on expanding project pipeline and execution in transmission and smart metering, while maintaining strong operational performance in distribution.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for sustained PAT and EBITDA growth.
Updates on new transmission project execution and timelines.
Progress on smart meter order book and installation rates.
LOW RISK
The filing indicates strong financial performance and a robust project pipeline.
💡 Investor Takeaway
Adani Energy Solutions' Q2 FY27 PAT rose 145% YoY to Rs 1,364 crore, with total income up 51% to Rs 10,239 crore. The company's transmission pipeline reached ~Rs 87,000 crore, and smart meter installations cumulatively hit 14.8 million.
⚖️ Strengths & Concerns
✅ Positives
- Q2 FY27 PAT increased by 145% YoY to Rs 1,364 crore, indicating strong profitability growth.
- Transmission under construction pipeline stands at ~Rs 87,000 crore, securing future revenue visibility.
⚠️ Concerns
- Distribution (AEML and MUL) operating revenue grew only 2% YoY to Rs 3,181 crore in Q2 FY27, indicating slower growth in this segment.
- Meters Installed (in millions) for Smart Metering decreased to 1.3 in Q2 FY27 from 1.8 in Q2 FY26, though cumulative installations increased.
📅 Company Track Record
In Q1 FY27, Adani Energy Solutions reported Net Profit up 130% to Rs 1,237 crore and operational revenue up 54%. The company held an investor call for 1H FY27 results on October 23, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Adani Energy Solutions' net profit in Q2 FY27?
Adani Energy Solutions reported a Profit After Tax (PAT) of Rs 1,364 crore in Q2 FY27, which is a 145% increase compared to Rs 557 crore in Q2 FY26.
What was Adani Energy Solutions' total income for Q2 FY27?
The total income for Adani Energy Solutions in Q2 FY27 was Rs 10,239 crore, representing a 51% year-on-year growth from Rs 6,767 crore in Q2 FY26.
What is the current transmission project pipeline for Adani Energy Solutions?
Adani Energy Solutions' aggregate transmission under construction pipeline stands at ~Rs 87,000 crore, following the securing of two new projects in Q2 FY27.
How many smart meters has Adani Energy Solutions cumulatively installed?
Adani Energy Solutions has completed 14.8 million cumulative smart meter installations as of H1 FY27.
Questions based on this BSE filing only. For information purposes.