Adani Energy Solutions Limited (AESL) delivered a strong financial performance for the fiscal year ended March 31, 2026. The company reported record annual EBITDA of Rs 8,726 crore, up 13% YoY, while profit after tax (PAT) rose by 32% to Rs 2,393 crore. This growth was driven by robust execution in transmission projects, the commissioning of a world-first compact HVDC project in Mumbai, and the successful installation of 1 crore smart meters.
Record Financial Growth in FY26
Adani Energy Solutions Limited (AESL) has achieved a significant milestone with its FY26 financial results. Total income for the year reached an all-time high of Rs 28,325 crore, marking a 15.9% growth compared to the previous year. This performance was underpinned by improved operating efficiencies and higher service concession arrangement income.
On a quarterly basis, the company reported Q4 FY26 total income of Rs 7,588 crore, a 15% increase over Q4 FY25. The company’s EBITDA for the quarter stood at Rs 2,372 crore, reflecting a 4.9% YoY growth, while the adjusted PAT rose by 27.7% to Rs 723 crore.
Strategic Infrastructure Milestones
The company has demonstrated exceptional execution capabilities, notably by commissioning five major transmission projects during the year. Key highlights include the completion of the Mumbai HVDC project, making AESL the only private sector player in India to successfully execute two HVDC projects. Furthermore, the company reached a landmark in its digital transformation journey, successfully installing 1 crore smart meters across India.
Strong Order Pipeline and Future Outlook
AESL’s growth outlook remains highly optimistic. The company currently holds an aggregate transmission under-construction pipeline valued at Rs 71,779 crore. Additionally, its smart metering division continues to expand, with an order book of 2.46 crore meters carrying a revenue potential of approximately Rs 29,519 crore. With a near-term tendering pipeline in the transmission sector estimated at Rs 1.5 lakh crore, the company is well-positioned for sustained growth in the coming fiscal periods.
Sustainability and Operational Excellence
Reflecting its commitment to environmental, social, and governance (ESG) standards, AESL was assigned a CareEdge-ESG 1+ rating with a score of 86.8/100. The company continues to lead in sustainability as the first electrical utility in India to achieve Single-Use Plastic (SUP) Free status across 64 sites, alongside maintaining 300%+ Net Water Positive operations.
Source: BSE
