Share price at the NSE close on 23 Oct 2026. Previous close ₹1,295.40.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,49,200 Cr63rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 22 Oct 2026
- 40.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 22 Oct 2026
- 4.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 22 Oct 2026
- 13.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 22 Oct 2026
- 10.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 22 Oct 2026
- 1.59
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 30,68,61435.2% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 22 Oct
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹10,076 Crup 3.75%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,364 Crup 10.30%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 13.5%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2019, the company's revenue for that year, ₹7,305 Cr, differs from its quarters added, ₹7,387 Cr.
| ₹ crore | Dec 2024Filed 24 Jan | Mar 2025Filed 3 Jul | Jun 2025Filed 24 Jul | Sep 2025Filed 27 Oct | Dec 2025Filed 22 Jan | Mar 2026Filed 23 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 22 Oct |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,830 | 6,375 | 6,819 | 6,596 | 6,730 | 7,443 | 9,711 | 10,076 |
| Net profit | 625 | 687 | 539 | 557 | 574 | 723 | 1,237 | 1,364 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 10.7% | 10.8% | 7.9% | 8.4% | 8.5% | 9.7% | 12.7% | 13.5% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- DistributionDistribution, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹12,450 Crup 1.50%50.1%
- TransmissionTransmission, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹9,824 Crup 17.93%39.5%
- TradingTrading, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,091 Crdown 20.97%4.4%
- Smart MeterSmart Meter, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹828 Cr3.3%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹648 Cr2.6%
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record. Its history crosses a change of basis in the accounts in the year to Mar 2019: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 5% of 985 trading days over the last 5 years.
At or below today's level on 35% of 1,924 trading days since Nov 2018.
At or below today's level on 46% of 1,924 trading days since Nov 2018.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +7.2% | +115.3% | −50.2% | 0.0% |
| 3 years | −2.0% | +19.0% | −17.7% | 0.0% |
| 5 years | +0.6% | +11.3% | −9.6% | 0.0% |
Mutual funds holding it
235 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 129 of the 154 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 5
- AddedAdded. Funds that held more shares than at the end of the month before.
- 100
- CutCut. Funds that held fewer shares than at the end of the month before.
- 54
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 75
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 1
| Fund | |||
|---|---|---|---|
 SBI Aggressive Hybrid FundSBI Mutual Fund | 1,90,00,000 | 2.90% | ₹2,497.7 Cr |
| SBI Focused FundSBI Mutual Fund | 1,50,00,000 | 3.93% | ₹1,971.9 Cr |
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 41,46,525 | 0.72% | ₹545.1 Cr |
 quant ELSS Tax Saver Fundquant Mutual Fund | 39,18,593 | 3.93% | ₹515.1 Cr |
 ICICI Prudential Arbitrage FundICICI Prudential Mutual Fund | 35,54,550 | 1.31% | ₹467.3 Cr |
 Aditya Birla Sun Life Large Cap FundAditya Birla Sun Life Mutual Fund | 33,00,000 | 1.55% | ₹433.8 Cr |
| SBI Midcap FundSBI Mutual Fund | 29,99,737 | 1.69% | ₹394.3 Cr |
| SBI Arbitrage FundSBI Mutual Fund | 28,61,325 | 0.81% | ₹376.1 Cr |
| SBI Large & Midcap FundSBI Mutual Fund | 27,20,000 | 0.88% | ₹357.6 Cr |
| Aditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund | 25,00,000 | 1.17% | ₹328.7 Cr |
Peers and competitors
Power, 44 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Adani Energy Solutions in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 NTPCNTPC | 2,88,961 | 10.4 | 1.4 | 9.3 | +2.4% | +15.9% | 14.3% | 8.1% | 3.02% |
 Power Grid Corporation of IndiaPOWERGRID | 2,30,097 | 14.5 | 2.3 | 9.6 | +2.3% | +3.0% | 16.5% | 10.2% | 3.64% |
 Adani Green EnergyADANIGREEN | 1,95,207 | 104.2 | 9.0 | 23.6 | +20.9% | −7.1% | 9.1% | 6.3% | 0.00% |
 Tata Power CompanyTATAPOWER | 1,11,230 | 28.8 | 2.8 | 13.0 | −4.2% | −4.8% | 10.3% | 6.8% | 0.72% |
 JSW EnergyJSWENERGY | 82,241 | 41.8 | 2.7 | 15.0 | +35.4% | −9.4% | 6.8% | 6.2% | 0.45% |
 NHPCNHPC | 70,155 | 18.5 | 1.7 | 20.5 | +12.0% | +24.1% | 9.4% | 3.6% | 2.31% |
 NTPC Green EnergyNTPCGREEN | 68,430 | 112.7 | 3.6 | 33.9 | – | – | 3.2% | 3.4% | 0.00% |
 Torrent PowerTORNTPOWER | 58,906 | 25.3 | 3.1 | 12.8 | +4.1% | −15.4% | 12.7% | 11.9% | 1.71% |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
22 Oct · Management
13 Oct · Analysts
Adani Energy Solutions share price by year
Each calendar year to 2025.Adani Energy Solutions share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,027.35 | +27.4% | 1,027.35 | 646.65 |
| 2024 | 806.20 | −22.9% | 1,275.20 | 600.75 |
| 2023 | 1,045.75 | −59.6% | 2,784.10 | 642.90 |
| 2022 | 2,589.25 | +48.7% | 4,105.40 | 1,731.10 |
| 2021 | 1,740.85 | +297.9% | 2,029.60 | 406.10 |
| 2020 | 437.50 | +32.0% | 440.05 | 163.85 |
| 2019 | 331.40 | +67.0% | 341.90 | 195.25 |
| 2018 | 198.40 | −11.5% | 250.95 | 120.40 |
| 2017 | 224.15 | +295.0% | 235.80 | 56.65 |
| 2016 | 56.75 | +53.8% | 64.75 | 26.55 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,295.40 | 1,302.00 | 1,200.00 | 1,220.00 | 1,225.42 | 30,68,614 | 35.2% |
| 22 Oct 2026 | 1,323.90 | 1,336.80 | 1,287.00 | 1,295.40 | 1,310.68 | 23,30,309 | 41.1% |
| 21 Oct 2026 | 1,370.20 | 1,380.00 | 1,324.00 | 1,324.00 | 1,342.97 | 12,89,010 | 47.5% |
| 19 Oct 2026 | 1,368.00 | 1,387.80 | 1,364.00 | 1,364.90 | 1,372.12 | 13,03,809 | 52.2% |
| 16 Oct 2026 | 1,363.80 | 1,383.30 | 1,354.00 | 1,365.90 | 1,366.42 | 15,38,205 | 54.7% |
| 15 Oct 2026 | 1,359.90 | 1,381.90 | 1,338.70 | 1,354.20 | 1,362.35 | 17,56,003 | 43.4% |
| 14 Oct 2026 | 1,298.00 | 1,364.00 | 1,284.40 | 1,364.00 | 1,346.78 | 38,91,434 | 52.4% |
| 13 Oct 2026 | 1,280.00 | 1,299.00 | 1,261.90 | 1,296.90 | 1,287.04 | 6,44,988 | 34.8% |
| 12 Oct 2026 | 1,274.90 | 1,292.00 | 1,264.80 | 1,280.00 | 1,278.16 | 7,89,685 | 42.8% |
| 9 Oct 2026 | 1,264.90 | 1,285.20 | 1,256.10 | 1,262.00 | 1,269.22 | 9,93,699 | 32.3% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 27 Jan 2023 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
About Adani Energy Solutions
Adani Energy Solutions works in power transmission, power distribution, smart metering and cooling solutions. It builds, operates and maintains power transmission systems, supplies electricity to consumers in Mumbai and the Mundra special economic zone, deploys smart meters, and offers cooling as a service. It was incorporated in 2013. Its shares are listed on BSE and the National Stock Exchange of India.
In transmission, the company's systems work at voltages from 132 to 765 kilovolts on alternating current networks and at plus or minus 500 and plus or minus 800 kilovolts on high-voltage direct current networks. Its transmission assets fall under two arrangements: tariff based competitive bidding and regulated asset base. Operations are monitored in real time through an Energy Network Operations Centre.
The distribution business runs through two subsidiaries. Adani Electricity Mumbai Limited serves urban retail consumers in Mumbai. MPSEZ Utilities Limited serves commercial and industrial energy requirements in the Mundra special economic zone. The cooling business is run through Adani Cooling Solutions Limited, a subsidiary that provides cooling as a service.
The company belongs to the Adani portfolio of companies, which is headquartered in Ahmedabad and comprises 13 listed companies. Gautam Adani founded the portfolio in 1988 and is its promoter. A promoter is the person or group that set up a company or controls it. The company's registered office is also in Ahmedabad, Gujarat.
- Legal name
- Adani Energy Solutions Limited
- NSE symbol
- ADANIENSOL
- BSE code
- 539254
- ISIN
- INE931S01010
- Industry
- Power
- Listed
- Jul 2015
- Face value
- ₹10
- Former symbols
- ADANITRANS
- CIN
- L40300GJ2013PLC077803
- Corporate identity number, the registrar of companies' code for it