Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49 | 73 | 60 | 60 | 46 | 98 | 193 | 118 | 157 | 211 | 228 | 179 |
| Expenses | 40 | 60 | 48 | 52 | 38 | 83 | 174 | 105 | 140 | 187 | 199 | 154 |
| Operating Profit | 9 | 12 | 11 | 8 | 9 | 15 | 19 | 14 | 17 | 24 | 29 | 25 |
| OPM % | 18% | 17% | 19% | 13% | 18% | 16% | 10% | 12% | 11% | 11% | 13% | 14% |
| Other Income | 0 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 2 | 5 | 3 | 2 |
| Interest | 1 | 2 | 2 | 1 | 3 | 2 | 4 | 3 | 4 | 4 | 4 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 7 | 10 | 10 | 7 | 6 | 14 | 18 | 13 | 15 | 24 | 27 | 21 |
| Tax % | 23% | 25% | 27% | 25% | 26% | 26% | 30% | 24% | 27% | 24% | 26% | 25% |
| Net Profit | 6 | 8 | 7 | 5 | 4 | 10 | 13 | 9 | 10 | 17 | 19 | 15 |
| EPS in Rs | 5.39 | 7.54 | 7.09 | 5.33 | 4.02 | 9.06 | 10.50 | 7.73 | 8.78 | 15.17 | 16.15 | 12.69 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 28 | 45 | 66 | 79 | 104 | 209 | 399 | 715 | 775 |
| Expenses | 24 | 40 | 61 | 68 | 88 | 173 | 347 | 631 | 680 |
| Operating Profit | 4 | 4 | 5 | 10 | 17 | 36 | 52 | 84 | 95 |
| OPM % | 14% | 10% | 7% | 13% | 16% | 17% | 13% | 12% | 12% |
| Other Income | 0 | 2 | 2 | 1 | 2 | 3 | 7 | 13 | 12 |
| Interest | 0 | 1 | 1 | 1 | 3 | 7 | 11 | 15 | 16 |
| Depreciation | 0 | 2 | 2 | 2 | 4 | 3 | 3 | 4 | 4 |
| Profit before tax | 4 | 3 | 4 | 9 | 12 | 29 | 45 | 78 | 86 |
| Tax % | 42% | 79% | -30% | 40% | 29% | 26% | 28% | 25% | |
| Net Profit | 2 | 1 | 5 | 5 | 8 | 22 | 32 | 55 | 61 |
| EPS in Rs | 2.80 | 0.72 | 4.68 | 5.22 | 8.27 | 21.45 | 28.60 | 47.26 | 52.79 |
| Dividend Payout % | 0% | 104% | 11% | 10% | 0% | 7% | 6% | 4% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 61% | 90% | 70% | ||
| Compounded Profit Growth | % | 63% | 83% | 71% | ||
| Stock Price CAGR | % | 113% | 66% | 8% | ||
| Return on Equity | % | 23% | 24% | 22% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 5 | 5 | 10 | 10 | 11 | 11 |
| Reserves | 15 | 16 | 25 | 30 | 36 | 63 | 192 | 267 |
| Borrowings | 6 | 10 | 8 | 9 | 15 | 59 | 72 | 95 |
| Other Liabilities | 20 | 22 | 28 | 37 | 55 | 67 | 218 | 294 |
| Total Liabilities | 44 | 52 | 65 | 81 | 116 | 199 | 492 | 667 |
| Fixed Assets | 19 | 18 | 15 | 15 | 35 | 42 | 50 | 85 |
| CWIP | 0 | 0 | 0 | 13 | 1 | 1 | 2 | 59 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 86 | 24 |
| Other Assets | 25 | 34 | 50 | 53 | 80 | 155 | 355 | 499 |
| Total Assets | 44 | 52 | 65 | 81 | 116 | 199 | 492 | 667 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3 | 1 | -0 | 12 | 13 | -9 | 46 | -10 |
| Cash from Investing Activity | -12 | -0 | 1 | -14 | -7 | -8 | -94 | -33 |
| Cash from Financing Activity | 9 | 1 | 5 | -2 | 3 | 44 | 100 | 69 |
| Net Cash Flow | -0 | 2 | 6 | -4 | 8 | 26 | 52 | 25 |
| Free Cash Flow | -9 | 1 | -0 | -3 | 5 | -18 | 32 | -119 |
| CFO/OP | 75% | 71% | 31% | 128% | 91% | -9% | 109% | 9% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 185 | 99 | 113 | 135 | 105 | 75 | 173 | 76 |
| Inventory Days | 29 | 68 | 47 | 50 | 91 | 68 | 26 | 54 |
| Days Payable | 316 | 253 | 180 | 211 | 298 | 166 | 276 | 192 |
| Cash Conversion Cycle | -102 | -86 | -20 | -25 | -102 | -22 | -77 | -62 |
| Working Capital Days | 40 | 3 | 32 | 21 | -34 | -23 | 5 | -5 |
| ROCE % | 13% | 13% | 24% | 28% | 37% | 27% | 28% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.53% | 73.53% | 73.53% | 73.47% | 69.44% | 69.46% | 69.46% | 67.45% | 66.81% | 66.80% | 66.80% | 66.76% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.21% | 0.68% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.31% | 0.72% | 0.57% | 0.35% | 0.13% | 0.04% |
| Public | 26.48% | 26.48% | 26.48% | 26.52% | 30.56% | 30.55% | 30.22% | 31.84% | 32.63% | 32.82% | 32.84% | 32.51% |
| No. of Shareholders | 4,165 | 6,325 | 11,926 | 16,899 | 21,644 | 24,660 | 25,560 | 29,389 | 32,571 | 33,123 | 33,066 | 33,709 |
Fundamentals
Market Cap₹ 2,086 Cr.
Current Price₹ 1,904
Stock P/E36.1
Book Value₹ 254
ROCE27.9 %
ROE21.5 %
Dividend Yield0.11 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)70%
Compounded Profit Growth (TTM)71%
Consolidated figures.
Valuation
Market capRs 1,900 Cr
Enterprise valueRs 1,915 Cr
P/E (TTM)32.90x
Price to book25.88x
Price to sales2.45x
EV / EBITDA17.98x
EV / EBIT18.61x
EV / sales2.47x
Earnings yield3.04%
Dividend yield0.08%
P/E, 3-year average33.75x
P/B, 3-year average8.49x
P/E, 5-year average26.01x
P/B, 5-year average6.47x
Profitability
Operating margin (excl. other income)17.31%
Operating margin (incl. other income)18.69%
EBITDA margin13.74%
Pre-tax margin11.15%
Net profit margin7.45%
Net margin, latest quarter7.75%
ROE36.69%
ROCE37.60%
ROA13.89%
ROE, 3-year average24.60%
ROCE, 3-year average30.04%
ROA, 3-year average9.92%
ROE, 5-year average19.17%
ROCE, 5-year average23.90%
ROA, 5-year average7.81%
ROIC (approx.)86.25%
Tax rate25.73%
Other income / net worth3.92%
Growth
Sales growth (latest year)100.45%
Profit growth (latest year)159.24%
Sales CAGR, 3 years47.03%
Sales CAGR, 5 years49.42%
Profit CAGR, 3 years66.15%
Profit CAGR, 5 years59.80%
Sales growth QoQ-21.44%
Profit growth QoQ-21.39%
Sales growth YoY (latest quarter)51.37%
Profit growth YoY (latest quarter)65.95%
Per share
EPS (TTM)Rs 56.62
EPS (latest year)Rs 21.45
EPS (latest quarter)Rs 13.62
EPS, 3-year averageRs 13.39
EPS, 5-year averageRs 10.19
Book value per shareRs 72.00
Sales per shareRs 760.17
Cash flow per shareRs -9.19
Free cash flow per shareRs -116.67
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 1.25
Dividend per share, 5-year averageRs 1.25
Dividends
Dividend payout6.99%
Dividend payout, 3-year average8.29%
Dividend payout, 5-year average32.74%
Efficiency
Asset turnover1.05x
Fixed asset turnover5.03x
Inventory turnover7.44x
Inventory days49 days
Debtor days75 days
Debtors turnover4.85x
Creditor days192 days
Cash conversion cycle-62 days
Working capital days-5 days
Leverage
Total debtRs 59 Cr
Cash and bankRs 44 Cr
Net debtRs 15 Cr
Debt to equity0.81x
Net debt / EBITDA0.14x
Interest coverage6.27x
Current ratio (filing 2026-03-31)1.32x
Quick ratio (filing 2026-03-31)1.14x
Trade payables (filing 2026-03-31)Rs 210 Cr
Owners' fund to total sources36.88%
Debt to assets29.71%
Cash flow
Cash from Operating Activity (latest year)Rs -9 Cr
Cash from Investing Activity (latest year)Rs -8 Cr
Cash from Financing Activity (latest year)Rs 44 Cr
Net Cash Flow (latest year)Rs 26 Cr
Free cash flow (latest year)Rs -119 Cr
FCFE (approx.: FCF + change in debt)Rs -75 Cr
Cash from ops / profit, 5 years0.43x
Statement figures
Net sales (TTM)Rs 775 Cr
Net sales (latest year)Rs 209 Cr
Sales (latest quarter)Rs 179 Cr
Operating profit excl. other income (latest year)Rs 36 Cr
Operating profit (latest quarter)Rs 25 Cr
Other income (TTM)Rs 12 Cr
EBITDA (TTM)Rs 107 Cr
PBDT (TTM)Rs 90 Cr
Profit before tax (TTM)Rs 86 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 58 Cr
Net profit (latest year)Rs 22 Cr
Net profit (latest quarter)Rs 14 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 16 Cr
Cost of goods sold (latest year)Rs 148 Cr
Total expenditure (latest year)Rs 173 Cr
Total income (latest year)Rs 212 Cr
Share capitalRs 10 Cr
ReservesRs 63 Cr
Shareholders' fundsRs 73 Cr
Total assetsRs 199 Cr
Net blockRs 42 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 1 Cr
ReceivablesRs 43 Cr
InventoryRs 20 Cr
Other liabilitiesRs 67 Cr
Shares outstanding (crore)1.02
Ownership
Promoter holding66.76% (-0.69 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 32.9 is at the 19th percentile of its own 4.5-year range
(median 50.3, low 13.8, high 387.1).
P/B 25.88 is at the 48th percentile (median 26.41).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | ADVAIT | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.1% | -2.8% | -0.3 pts |
| 1 month | -12.2% | -6.8% | -5.4 pts |
| 3 months | -14.9% | -7.6% | -7.2 pts |
| 6 months | +10.2% | +0.4% | +9.8 pts |
| 3 years | +347.6% | +14.2% | +333.4 pts |
| 5 years | +4219.5% | +27.9% | +4191.6 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was 42% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 16% of total assets in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹179 Cr +51.7% vs Jun 2025.
Net profit ₹15 Cr +66.7%.
Against our estimate for Jun 2026: sales -5.2%, profit +1.3% in line. Our estimate for Sep 2026: sales Rs 212 Cr, profit Rs 17 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Apar Industries Ltd | 74,545 | 61.8 | 31.8 % |
| Waaree Energies Ltd | 68,461 | 17.0 | 38.4 % |
| Premier Energies Ltd | 39,494 | 23.7 | 32.7 % |
| MTAR Technologies Ltd | 22,842 | 166 | 15.2 % |
| Emmvee Photovoltaic Power Ltd | 21,778 | 17.1 | 44.6 % |
| Diamond Power Infrastructure Ltd | 21,055 | 114 | 24.2 % |
| Avalon Technologies Ltd | 15,396 | 115 | 19.3 % |
| Fujiyama Power Systems Ltd | 12,512 | 29.9 | 35.1 % |
| Genus Power Infrastructures Ltd | 8,934 | 13.7 | 25.3 % |
| Waaree Renewable Technologies Ltd | 8,574 | 16.8 | 85.0 % |
| Vikram Solar Ltd | 5,801 | 16.1 | 30.6 % |
| Ram Ratna Wires Ltd | 5,450 | 42.1 | 23.6 % |
| Saatvik Green Energy Ltd | 5,249 | 21.1 | 32.9 % |
| Shilchar Technologies Ltd | 4,613 | 33.5 | 50.7 % |
| Yash Highvoltage Ltd | 3,293 | 84.6 | 28.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-11 | Dividend - Rs 2 Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Advait Energy Transitions Limited?
Advait Energy Transitions Limited (ADVAIT) has a market capitalisation of Rs 2,086 Cr. at the 2026-10-01 close.
What is the P/E ratio of Advait Energy Transitions Limited?
Advait Energy Transitions Limited trades at a P/E of 36.1 on trailing twelve-month profit, at the 2026-10-01 close.
What were Advait Energy Transitions Limited's latest quarterly results?
In the Jun 2026 quarter, Advait Energy Transitions Limited sales was Rs 179 Cr (+51.7% vs Jun 2025) and net profit was Rs 15 Cr.
What is the 52-week high and low of Advait Energy Transitions Limited?
The 52-week high is Rs 2,485.00 and the 52-week low is Rs 1,351.00.