EBITDA crosses Rs 3,000 crore quarterly mark, ended up 58% higher YoY
PAT rose by 130% to Rs 1,237 crores in Q1FY27
AESL's Energy Solutions Platform register record performance in Q1 FY27
Editor’s Synopsis
Q1FY27 Highlights:
Capex Execution Performance:
Energy Solutions Platform:
Growth Opportunity (Locked-in Growth):
Capital Management:
Ahmedabad, 21 July 2026: Adani Energy Solutions Limited (“AESL”), part of the globally diversified Adani portfolio and the largest private transmission, distribution, smart metering and energy solutions platform company in India, today announced its financial and operational performance for the quarter ended June 30, 2026.
“AESL has delivered robust start to FY27, driven by strong financial performance and continued operational excellence across our core businesses. During the quarter, we further strengthened our growth platform through the proposed acquisition of IntelliSmart, a strategic step towards building India's leading smart metering platform. Our Energy Solutions Platform has now gathered momentum, supported by significant renewable energy tie-ups and growing consumer stack across utilities, Commercial & Industrial and data centre segments. Backed by a strong project pipeline, disciplined execution and credit discipline, we remain well positioned to drive sustainable growth and create long-term stakeholder value” said Kandarp Patel, CEO, Adani Energy Solutions
Q1 FY27 Highlights:
Consolidated Financial Performance: (Rs crore)
| Particulars | Q1 FY27 | Q1 FY26 | YoY % |
|---|---|---|---|
| Total Income | 9,852 | 7,026 | 40% |
| Operational Revenue | 7,117 | 4,6171 | 54% |
| Operating EBITDA | 2,779 | 1,6321 | 70% |
| EBITDA | 3,178 | 2,017 | 58% |
| PAT | 1,237 | 539 | 130% |
Notes: Total Income = Operational revenue + income from Service Concession Agreement (SCA) assets / EPC / traded goods + One time income/expense + Other Income; Total EBITDA = Operating EBITDA plus other income, one-time regulatory income, adjusted for CSR exp.; 1. Includes revenue from of Energy Solutions Platform
Revenue:
EBITDA:
Segment-wise Financial Highlights: (Rs crore)
| Segment | Particulars | Q1FY27 | Q1FY26 | YoY % |
|---|---|---|---|---|
| Transmission | Operating Revenue | 1,596 | 1,172 | 36% |
| Operating EBITDA | 1,477 | 1,070 | 38% | |
| EBITDA margin % | 92% | 92% | ||
| Distribution (AEML and MUL) | Operating Revenue | 3,520 | 3,360 | 5% |
| Operating EBITDA | 587 | 493 | 19% | |
| Smart Metering (Non Ind AS) | Operating Revenue | 347 | 112 | 136% |
| Operating EBITDA | 311 | 98 | 141% | |
| EBITDA margin % | 89% | 88% | - | |
| Energy Solutions Platform | Operating Revenue* | 1,839 | 18 | - |
| Operating EBITDA | 590 | 17 | - |
AEML: Adani Electricity Mumbai Ltd; MUL: MPSEZ (Mundra) Utility Ltd. The total Operating EBITDA and Operating Revenue numbers of Q1 FY26 include Energy Solutions Platform *excluding other trading income
Segment-wise Key Operational Highlights:
| Particulars | Q1 FY27 | Q1 FY26 |
|---|---|---|
| Transmission business | ||
| Average Availability (%) | 99.6% | 99.8% |
| Total Transmission Network (ckm) | 27,949 | 26,696 |
| Distribution business (AEML) | ||
| Supply reliability (%) | 99.99% | 99.99% |
| Distribution loss (%) | 5.16%1 | 4.24% |
| Units sold (MU's) | 3,260 | 2,939 |
| Distribution business (MUL) | ||
| Units sold (MU's) | 425 | 271 |
| Smart metering business | ||
| Meters Installed (in millions) | 2.07 | 2.41 |
| Cumulative Meters Installed (in millions) | 13.44 | 5.54 |
| Meters billed (in millions) | 2.01 | 3.04 |
| Cumulative Meter months (in millions) | 34.80 | 10.61 |
1. Impacted due to extreme heat conditions resulting to higher energy consumption and increase in distribution loss; within regulator permissible limit of 5.31%
Segment-wise Progress and Outlook:
Transmission:
Distribution business (AEML Mumbai and MUL):
Smart Meters:
Energy Solutions Platform:
ESG and Other Updates:
About Adani Energy Solutions Limited (AESL):
AESL, part of the Adani portfolio, is a multidimensional organization with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions. AESL is the country’s largest private transmission company, with a presence across 16 states of India and a cumulative transmission network of 27,949 ckm and 1,23,175 MVA transformation capacity. In its distribution business, AESL serves more than 13 million consumers in metropolitan Mumbai and the industrial hub of Mundra SEZ. AESL is ramping up its smart metering business and is on course to become India’s leading smart metering integrator with an order book of over 24.6 million meters. AESL, with its integrated offering through the expansion of its distribution network through parallel licenses and competitive and tailored retail solutions, including a significant share of green power, is revolutionizing the way energy is delivered to the end consumer. AESL is a catalyst for transforming the energy landscape in the most reliable, affordable, and sustainable way.
For more information, please visit www.adanienergysolutions.com
| For media queries, please contact: | For investor relations, please contact: |
|---|---|
| Roy Paul | Prashant Soni |
| Adani Portfolio | Adani Energy Solutions Ltd. |
| - | prashant.soni@adani.com |
| roy.paul@adani.com | investor.aesl@adani.com |
Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this release. Certain statements made in this release may be "forward-looking statements" based on currently held beliefs and assumptions of the management of Adani Energy Solutions Limited, which may involve known and unknown risks and uncertainties that may cause actual results to differ materially from projected results. This release is for general information purposes only and does not constitute an offer or invitation to purchase or subscribe for any securities. Past performance is not necessarily indicative of future results. The company disclaims any obligation to update forward-looking statements to reflect future events or developments.
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