Advait Energy Transitions (ADVAIT) had a P/E of 30.1× on 6 Nov 2026, below the industry P/E of 33.8×, and the shares are 26% below their 52-week high. Sales and net profit grew 91% and 83% a year over 3 years, with ROCE of 27% and ROE of 24%. Debt is 0.92× equity, and its dividend yield is 0.1%. It is a small-cap company with a market cap of ₹1,999 Cr, ranked 55th of 138 Specialty Industrial Machinery companies by market cap; the shares rose 31% over the past year.
- ₹1,850.00
- ₹1,888.00
- ₹1,804.10
- ₹1,862.70
- 29.8K
Health check
- ReturnsAhead
+31.4% over a year, better than 5 of 7 peers.
- Price tagIn line
P/E 30.1 vs industry 33.8.
- GrowthStrong
Sales +91.1%, profit +83.0% a year over 3 years.
- ProfitabilityStrong
ROCE 26.6% vs peer median 24.8%.
- Balance sheetFair
Debt 0.92× equity, interest covered 8.6×, Piotroski 4 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,999 Cr
- Small cap
- P/E
- 30.1
- Industry 33.8
- Price to book
- 6.56
- Peers 9.16
- Dividend yield
- 0.11%
- ROE
- 24.1%
- Peers 19.1%
- ROCE
- 26.6%
- Peers 24.8%
- Debt to equity
- 0.92
- Debt ₹299 Cr
- EPS (TTM)
- ₹60.78
- Face value ₹10
- OPM (TTM)
- 13.1%
- Net margin 7.9%
- Sales growth
- +40.8%
- Latest quarter vs a year ago
- Profit growth
- +91.9%
- Latest quarter vs a year ago
- Price to sales
- 2.38
- EV/EBITDA 20.0
Strengths and risks
Strengths
- Return on equity of 24.1%.
- Return on capital employed of 26.6%.
- Quarterly profit up 91.9% on a year ago.
- Quarterly sales up 40.8% on a year ago.
About Advait Energy Transitions
Advait Energy Transitions Limited provides products and solutions for power transmission, substation, and telecommunication infrastructure sectors in India and internationally. It operates through the Power Transimission Service, and New and Renewable Energy segments. The company manufactures and supplies stringing tools, optical ground wires (OPGW), optical fibre ground cables, aluminum clad steel wires, emergency restoration systems, revamped…
- Headquarters
- Ahmedabad
- Employees
- 235
- Sector
- Industrials
- ISIN
- INE0ALI01010
- Website
- advaitgroup.co.in
Price range
- Avg volume (3M)
- 46.6K
- 1-year return
- plus 31.4%
- From 52-week high
- minus 26.4%
Peers · Specialty Industrial Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHELBharat Heavy Electricals | 418.80 | plus 0.17% | 1,45,829 | 50.6 | 74.6 | 6.6% | 10.1% | 0.22 | 13.5% | plus 56.4% |
| ABBABB India | 6,774.00 | plus 2.20% | 1,43,547 | 92.3 | 68.2 | 28.5% | 13.8% | 0.02 | 15.4% | plus 26.4% |
| SIEMENSSiemens | 3,560.00 | plus 3.73% | 1,26,779 | 86.1 | 59.3 | 16.5% | 10.4% | 0.02 | 3.0% | plus 10.0% |
| CUMMINSINDCummins India | 4,048.80 | minus 0.25% | 1,12,233 | 49.8 | 41.7 | 35.0% | 19.1% | 0.00 | 16.1% | minus 6.0% |
| GVT&DGE Vernova T&D India | 4,018.00 | minus 3.06% | 1,02,879 | 71.3 | 56.6 | 58.5% | 26.5% | 0.01 | 31.1% | plus 31.7% |
| SUZLONSuzlon Energy | 38.80 | plus 0.54% | 53,337 | 23.7 | 17.3 | 24.8% | 16.7% | 0.07 | 41.4% | minus 35.7% |
| AIAENGAIA Engineering | 3,113.60 | minus 2.77% | 29,056 | 23.5 | 19.6 | 19.9% | 27.4% | 0.00 | −3.4% | minus 3.9% |
| ADVAITAdvait Energy Transitions | 1,828.20 | minus 1.85% | 1,999 | 30.1 | 23.4 | 26.6% | 12.3% | 0.92 | 91.1% | plus 31.4% |
| Median of 7 peers | – | 0.17% | 1,12,233 | 50.6 | 56.6 | 24.8% | 16.7% | 0.02 | 15.4% | 10.0% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 157 | 211 | 228 | 179 | 221 | |
| 140 | 187 | 199 | 154 | 189 | |
| 17.3 | 24.2 | 28.8 | 24.8 | 31.9 | |
| 11.0% | 11.4% | 12.6% | 13.8% | 14.5% | |
| 2.1 | 4.6 | 3.2 | 1.6 | 2 | |
| 3.5 | 4.3 | 4.1 | 4.5 | 5.7 | |
| 0.8 | 0.9 | 1 | 1 | 1.1 | |
| 15.1 | 23.6 | 26.9 | 20.9 | 27.2 | |
| 27.3% | 23.6% | 25.9% | 25.3% | 26.3% | |
| 9.6 | 16.6 | 17.7 | 13.9 | 18.4 | |
| 8.77 | 15.19 | 16.13 | 12.68 | 16.79 |
Profit & loss
- Sales CAGR 3Y
- +91.1%
- Profit CAGR 3Y
- +83.0%
- EPS CAGR 3Y
- +53.2%
- ROE
- 24.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 102 | 207 | 398 | 714 | |
| – | +102.8% | +91.9% | +79.5% | |
| 84.1 | 171 | 344 | 628 | |
| 18.1 | 36.6 | 53.2 | 86.1 | |
| 17.7% | 17.7% | 13.4% | 12.1% | |
| −0.8 | 0.9 | 0.2 | 0.6 | |
| 1.6 | 5.5 | 6.1 | 10.3 | |
| 3.7 | 2.6 | 2.7 | 3.5 | |
| −0 | 0.1 | 1.3 | 5 | |
| 12 | 29.5 | 45.9 | 77.9 | |
| 29.5% | 25.7% | 27.5% | 25.4% | |
| 8.4 | 21.9 | 30.9 | 51.7 | |
| – | +159.2% | +41.4% | +67.2% | |
| 13.16 | 21.45 | 28.80 | 47.36 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.2 | 10.2 | 10.8 | 10.9 | |
| 35.6 | 63.2 | 192 | 267 | |
| 15.2 | 59.2 | 71.1 | 128 | |
| 55 | 66.5 | 204 | 261 | |
| 116 | 199 | 478 | 667 | |
| 35.5 | 41.9 | 35.7 | 132 | |
| 1.1 | 1.1 | 1.8 | 60.3 | |
| 0 | 1.2 | 2.5 | 1.3 | |
| 18 | 44 | 155 | 116 | |
| 61.4 | 111 | 283 | 357 | |
| 116 | 199 | 478 | 667 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.8 | −9.4 | 45.6 | −9.7 | |
| −7.2 | −8.2 | −63.1 | −33.3 | |
| 2.6 | 43.6 | 63.9 | 68.5 | |
| 8.1 | 26 | 46.4 | 25.5 | |
| −7.6 | −9.6 | −6.9 | −113 | |
| 5.2 | −19 | 38.7 | −122 | |
| −0.5 | – | −1.4 | −1.9 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.