Integrated Filing — IndAS
General information about company
| Scrip Code |
539254 |
| NSE Symbol |
ADANIENSOL |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE931S01010 |
| Name of company |
ADANI ENERGY SOLUTIONS LIMITED |
| Type of company |
Main Board |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2025 |
| Date of end of financial year |
31-03-2026 |
| Date of board meeting when results were approved |
23-04-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
02-04-2026 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Fourth quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Audited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
23-04-2026 14:30:00 |
| End date and time of board meeting |
23-04-2026 16:10:00 |
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-01-2026 |
01-04-2025 |
| B |
Date of end of reporting period |
31-03-2026 |
31-03-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
Audited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
7,44,327.00 |
27,58,803.00 |
|
Other income |
14,481.00 |
73,713.00 |
|
Total income |
7,58,808.00 |
28,32,516.00 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
1,51,576.00 |
6,34,788.00 |
| (b) |
Purchases of stock-in-trade |
39,194.00 |
1,00,414.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
0.00 |
0.00 |
| (d) |
Employee benefit expense |
30,764.00 |
1,09,264.00 |
| (e) |
Finance costs |
95,426.00 |
3,63,290.00 |
| (f) |
Depreciation, depletion and amortisation expense
|
50,781.00 |
1,97,823.00 |
| (f) |
Other Expenses |
| 1 |
Construction Expenses relating to Service Concession Arrangements |
2,12,317.00 |
7,13,535.00 |
| 2 |
Other Expenses |
95,975.00 |
2,92,362.00 |
|
Total other expenses |
3,08,292.00 |
10,05,897.00 |
|
Total expenses |
6,76,033.00 |
24,11,476.00 |
| 3 |
Total profit before exceptional items and tax |
82,775.00 |
4,21,040.00 |
| 4 |
Exceptional items |
0.00 |
0.00 |
| 5 |
Total profit before tax |
82,775.00 |
4,21,040.00 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
15,308.00 |
39,280.00 |
| 8 |
Deferred tax |
3,434.00 |
32,929.00 |
| 9 |
Total tax expenses |
18,742.00 |
72,209.00 |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
8,232.00 |
(1,09,556.00) |
| 11 |
Net Profit Loss for the period from
continuing operations |
72,265.00 |
2,39,275.00 |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
0.00 |
0.00 |
| 16 |
Total profit (loss) for period |
72,265.00 |
2,39,275.00 |
| 17 |
Other comprehensive income net of taxes |
65,595.00 |
1,12,163.00 |
| 18 |
Total Comprehensive Income for the period |
1,37,860.00 |
3,51,438.00 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
68,378.00 |
2,28,254.00 |
|
Total profit or loss, attributable to non-controlling interests |
3,887.00 |
11,021.00 |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
1,31,612.00 |
3,35,667.00 |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
6,248.00 |
15,771.00 |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
1,20,128.00 |
1,20,128.00 |
|
Face value of equity share capital |
10 |
10 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
24,22,626.00 |
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
5.27 |
24.68 |
|
Diluted earnings (loss) per share from continuing operations |
5.27 |
24.68 |
| ii |
Earnings per equity share for discontinued operations |
|
|
Basic earnings (loss) per share from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per share from discontinued operations |
0 |
0 |
| ii |
Earnings per equity share |
|
|
Basic earnings (loss) per share from continuing
and discontinued operations |
5.27 |
24.68 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
5.27 |
24.68 |
| 24 |
Debt equity ratio |
1.8400 |
1.8400 |
| 25 |
Debt service coverage ratio |
2.0100 |
1.8900 |
| 26 |
Interest service coverage ratio |
1.9500 |
1.8600 |
| 27 |
Disclosure of notes on financial results |
|
Remarks
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
31-03-2026 |
| Whether results are audited or unaudited |
Audited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
44,22,708.00 |
|
Capital work-in-progress |
2,05,360.00 |
|
Investment property |
0.00 |
|
Goodwill |
59,829.00 |
|
Other intangible assets |
1,14,553.00 |
|
Intangible assets under development |
0.00 |
|
Biological assets other than bearer plants |
0.00 |
|
Investments accounted for using equity method |
0.00 |
|
Non-current financial assets |
|
|
Non-current investments |
40,729.00 |
|
Trade receivables, non-current |
10,197.00 |
|
Loans, non-current |
1,058.00 |
|
Other non-current financial assets |
|
| 1 |
Right of Use Assets |
83,304.00 |
| 2 |
Other Financial Asset |
11,89,128.00 |
|
Total of other non-current financial assets |
12,72,432.00 |
|
Total non-current financial assets |
13,24,416.00 |
|
Deferred tax assets (net) |
7,817.00 |
|
Other non-current assets |
|
| 1 |
Other Non Current Assets |
11,48,678.00 |
| 2 |
Non Current Tax Assets (net) |
15,963.00 |
|
Total of other non-current assets |
11,64,641.00 |
|
Total non-current assets |
72,99,324.00 |
| 2 |
Current assets |
|
|
Inventories |
66,945.00 |
|
Current financial asset |
|
|
Current investments |
2,23,632.00 |
|
Trade receivables, current |
5,73,375.00 |
|
Cash and cash equivalents |
1,73,457.00 |
|
Bank balance other than cash and cash equivalents |
2,21,277.00 |
|
Loans, current |
577.00 |
|
Other current financial assets |
|
|
Total of other current financial assets |
1,52,559.00 |
|
Total current financial assets |
13,44,877.00 |
|
Current tax assets (net) |
0.00 |
|
Other current assets |
|
| 1 |
Other Current Assets |
3,70,754.00 |
|
Total of other current assets |
3,70,754.00 |
|
Total current assets |
17,82,576.00 |
| 3 |
Non-current assets classified as held for sale |
0.00 |
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
2,01,592.00 |
|
Total assets |
92,83,492.00 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
1,20,128.00 |
|
Other equity |
24,22,626.00 |
|
Total equity attributable to owners of parent |
25,42,754.00 |
|
Non controlling interest |
1,09,810.00 |
|
Total equity |
26,52,564.00 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
45,36,732.00 |
|
Trade payables, non-current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
4,006.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
1,24,741.00 |
|
Total Trade payable |
1,28,747.00 |
|
Other non-current financial liabilities |
|
| 1 |
Lease Liabilities |
26,060.00 |
|
Total of other non-current financial liabilities |
26,060.00 |
|
Total non-current financial liabilities |
46,91,539.00 |
|
Provisions, non-current |
68,099.00 |
|
Deferred tax liabilities (net) |
2,49,014.00 |
|
Deferred government grants, Non-current |
|
|
Other non-current liabilities |
|
| 1 |
Other Non Current Liabilities |
65,491.00 |
|
Total of other non-current liabilities |
65,491.00 |
|
Total non-current liabilities |
50,74,143.00 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
3,53,113.00 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
9,586.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
4,89,779.00 |
|
Total Trade payable |
4,99,365.00 |
|
Other current financial liabilities |
|
| 1 |
Lease Liabilities |
1,738.00 |
| 2 |
Trade Acceptances |
2,41,592.00 |
| 3 |
Other Financial Liabilities |
3,38,207.00 |
|
Total of other current financial liabilities |
5,81,537.00 |
|
Total current financial liabilities |
14,34,015.00 |
|
Other current liabilities |
87,027.00 |
| 1 |
Other Current Liabilities |
87,027.00 |
|
Total of other current liabilities |
87,027.00 |
|
Provisions, current |
20,687.00 |
|
Current tax liabilities (Net) |
2,899.00 |
|
Deferred government grants, Current |
|
|
Total current liabilities |
15,44,628.00 |
| 3 |
Liabilities directly associated with assets in disposal group classified as held for sale |
0.00 |
| 4 |
Regulatory deferral account credit balances and related deferred tax liability |
12,157.00 |
|
Total liabilities |
66,30,928.00 |
|
Total equity and liabilites |
92,83,492.00 |
|
Disclosure of notes on assets and liabilities |
|
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-01-2026 |
01-04-2025 |
| Date of end of reporting
period |
31-03-2026 |
31-03-2026 |
| Whether results are audited
or unaudited |
Unaudited |
Audited |
| Nature of report standalone or
consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
| 1 |
Transmission |
2,83,737.00 |
9,82,388.00 |
| 2 |
Distribution |
2,86,865.00 |
12,45,002.00 |
| 3 |
Smart Meter |
29,947.00 |
82,825.00 |
| 4 |
Trading |
42,605.00 |
1,09,101.00 |
| 5 |
Others |
33,504.00 |
64,822.00 |
|
Total Segment Revenue |
6,76,658.00 |
24,84,138.00 |
|
Less: Inter segment revenue |
0.00 |
0.00 |
|
Revenue from operations |
6,76,658.00 |
24,84,138.00 |
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
| 1 |
Transmission |
1,00,623.00 |
3,96,484.00 |
| 2 |
Distribution |
39,075.00 |
1,23,875.00 |
| 3 |
Smart Meter |
13,754.00 |
36,799.00 |
| 4 |
Trading |
3,242.00 |
8,386.00 |
| 5 |
Others |
7,672.00 |
13,205.00 |
|
Total Profit before tax |
1,64,366.00 |
5,78,749.00 |
|
i. Finance cost |
95,426.00 |
3,63,290.00 |
|
ii. Other Unallocable Expenditure net off Unallocable income |
(14,481.00) |
(73,713.00) |
|
Profit before tax |
83,421.00 |
2,89,172.00 |
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
| 1 |
Transmission |
49,62,690.00 |
49,62,690.00 |
| 2 |
Distribution |
21,14,801.00 |
21,14,801.00 |
| 3 |
Smart Meter |
5,39,578.00 |
5,39,578.00 |
| 4 |
Trading |
2,03,890.00 |
2,03,890.00 |
| 5 |
Others |
65,429.00 |
65,429.00 |
|
Total Segment Asset |
78,86,388.00 |
78,86,388.00 |
|
Un-allocable Assets |
13,86,268.00 |
13,86,268.00 |
|
Net Segment Asset |
92,72,656.00 |
92,72,656.00 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
Transmission |
3,37,187.00 |
3,37,187.00 |
| 2 |
Distribution |
5,38,403.00 |
5,38,403.00 |
| 3 |
Smart Meter |
1,86,357.00 |
1,86,357.00 |
| 4 |
Trading |
2,07,496.00 |
2,07,496.00 |
| 5 |
Others |
44,390.00 |
44,390.00 |
|
Total Segment Liabilities |
13,13,833.00 |
13,13,833.00 |
|
Un-allocable Liabilities |
54,13,417.00 |
54,13,417.00 |
|
Net Segment Liabilities |
67,27,250.00 |
67,27,250.00 |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-01-2026 |
01-04-2025 |
| B |
Date of end of reporting period |
31-03-2026 |
31-03-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
Audited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
| 1 |
Remeasurement gain / (loss) of Defined Benefit Plan |
1,003.00 |
993.00 |
| 2 |
Movement in Regulatory Deferral Balance |
(517.00) |
(424.00) |
|
Total Amount of items that will not be reclassified to profit and loss |
486.00 |
569.00 |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
(2.00) |
15.00 |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
| 1 |
Effective portion of gain / (loss) on designated portion of hedging instruments in a cash flow hedge |
84,449.00 |
1,45,310.00 |
|
Total Amount of items that will be reclassified to profit and loss |
84,449.00 |
1,45,310.00 |
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
19,342.00 |
33,701.00 |
| 5 |
Total Other comprehensive income |
65,595.00 |
1,12,163.00 |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2025 |
| B |
Date of end of reporting period |
31-03-2026 |
| C |
Whether results are audited or unaudited |
Audited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
4,21,040.00 |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
3,63,290.00 |
|
Adjustments for decrease (increase) in inventories |
(4,421.00) |
|
Adjustments for decrease (increase) in trade receivables, current |
(910.00) |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
(1,50,246.00) |
|
Adjustments for decrease (increase) in other current assets |
1,09,954.00 |
|
Adjustments for decrease (increase) in other non-current assets |
0.00 |
|
Adjustments for other financial assets, non-current |
(94,372.00) |
|
Adjustments for other financial assets, current |
0.00 |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
1,93,871.00 |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
0.00 |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
1,97,823.00 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
0.00 |
|
Adjustments for provisions, current |
0.00 |
|
Adjustments for provisions, non-current |
0.00 |
|
Adjustments for other financial liabilities, current |
0.00 |
|
Adjustments for other financial liabilities, non-current |
2,83,243.00 |
|
Adjustments for unrealised foreign exchange losses gains |
0.00 |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
47,227.00 |
|
Adjustments for share-based payments |
0.00 |
|
Adjustments for fair value losses (gains) |
(11,890.00) |
|
Adjustments for undistributed profits of associates |
0.00 |
|
Other adjustments for which cash effects are investing or financing
cash flow |
0.00 |
|
Other adjustments to reconcile profit (loss) |
1,710.00 |
|
Other adjustments for non-cash items |
(1,19,289.00) |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
7,21,536.00 |
|
Net cash flows from (used in)
operations |
11,42,576.00 |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
42,908.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
operating activities |
10,99,668.00 |
|
Cash flows from used in
investing activities |
|
|
Cash flows from losing control of subsidiaries or other businesses |
0.00 |
|
Cash flows used in obtaining control of subsidiaries or other businesses |
5,050.00 |
|
Other cash receipts from sales of equity or debt instruments of other
entities |
0.00 |
|
Other cash payments to acquire equity or debt instruments of other entities
|
1,560.00 |
|
Other cash receipts from sales of interests in joint ventures |
0.00 |
|
Other cash payments to acquire interests in joint ventures |
0.00 |
|
Cash receipts from share of profits of partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Cash payment for investment in partnership firm or association of persons or
limited liability partnerships |
0.00 |
|
Proceeds from sales of property, plant and equipment |
0.00 |
|
Purchase of property, plant and equipment |
14,43,180.00 |
|
Proceeds from sales of investment property |
0.00 |
|
Purchase of investment property |
0.00 |
|
Proceeds from sales of intangible assets |
0.00 |
|
Purchase of intangible assets |
0.00 |
|
Proceeds from sales of intangible assets under development |
0.00 |
|
Purchase of intangible assets under development |
0.00 |
|
Proceeds from sales of goodwill |
0.00 |
|
Purchase of goodwill |
0.00 |
|
Proceeds from biological assets other than bearer plants |
0.00 |
|
Purchase of biological assets other than bearer plants |
0.00 |
|
Proceeds from government grants |
0.00 |
|
Proceeds from sales of other long-term assets |
0.00 |
|
Purchase of other long-term assets |
0.00 |
|
Cash advances and loans made to other parties |
0.00 |
|
Cash receipts from repayment of advances and loans made to other parties |
597.00 |
|
Cash payments for future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Cash receipts from future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Dividends received |
0.00 |
|
Interest received |
40,684.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
228.00 |
|
Net cash flows from (used in)
investing activities |
(14,08,281.00) |
|
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
0.00 |
|
Payments from changes in ownership interests in subsidiaries |
0.00 |
|
Proceeds from issuing shares |
0.00 |
|
Proceeds from issuing other equity instruments |
0.00 |
|
Payments to acquire or redeem entity's shares |
0.00 |
|
Payments of other equity instruments |
0.00 |
|
Proceeds from exercise of stock options |
0.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
17,02,403.00 |
|
Repayments of borrowings |
10,45,518.00 |
|
Payments of lease liabilities |
2,767.00 |
|
Dividends paid |
0.00 |
|
Interest paid |
4,07,489.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
16,403.00 |
|
Net cash flows from (used in)
financing activities |
2,63,032.00 |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
(45,581.00) |
|
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
0.00 |
|
Net increase (decrease) in cash
and cash equivalents |
(45,581.00) |
|
Cash and cash equivalents cash flow statement at beginning of period
|
2,19,038.00 |
|
Cash and cash equivalents cash
flow statement at end of period |
1,73,457.00 |
Details of Impact of Audit Qualification
Amount in (Lakhs)
| Whether results are audited or unaudited |
Audited |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
| Auditor's opinion |
|
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015:
The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified
opinion for the period on Standalone results |
Yes |
| Sr No. |
Audit firm's name |
Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI |
Certificate valid upto |
| 1 |
M/s. Walker Chandiok & Co LLP |
Yes |
31-05-2028 |