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ADANIENSOL Diversified 10 Feb 2026

Adani Energy Solutions Limited — Q3 FY26

Adani Energy Solutions delivered a strong Q3 FY26 with consolidated EBITDA of ₹2,200 crore (+21% YoY) and PAT of ₹800 crore (+43% YoY), driven by transmission project completion...

bullish high
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Revenue +16%
EBITDA ₹2,200 Cr +21%
PAT ₹800 Cr +43%
EBITDA Margin
Duration 63 min
Read Time 1 min read

Financial stats pending filing verification

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Execution delays from land acquisition and regulatory approvals

Several projects (Navinal, Jamnagar) delayed due to transmission license delays and land acquisition challenges; management expects to catch up but risks remain.

medium · management_commentary
R

Smart meter bidding slowdown

Analyst raised concern about lack of new smart meter orders; management expects bidding in next couple of quarters but no certainty.

medium · analyst_question
R

Capex spillover and downward revision

FY26 capex guidance revised down from ₹16,000 cr to ₹14,500-15,000 cr due to project spillovers, mainly in transmission.

low · data_observation