Adani Energy Solutions Ltd
About
Adani Energy Solutions Limited (AESL) is a key player in India’s power sector and part of the Adani Group which was founded in 1988 by Gautam Adani. The company was stablished on December 9, 2013. AESL is headquartered in Ahmedabad and is led by Managing Director Anil Sardana.AESL operates across power transmission, distribution, smart metering, and cooling solutions, with a presence in 16 Indian states. It manages a vast transmission network spanning over 24,000 circuit kilometers (ckm) and a transformation capacity of 75,000 MVA. The company recently secured its largest-ever order—the ₹25,000 crore Bhadla-Fatehpur HVDC Project. AESL is also India's first private power sector player to achieve an international investment-grade rating and has raised ₹8,373 crore through a Qualified Institutional Placement (QIP), marking the largest fundraising in the Indian power sector. AESL serves over 3 million consumers daily, in India.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 17218 15.8% | 14876 18.6% | 12544 13.6% | 11042 -5.5% | 11681 52.6% | 7657 88.8% | 4055 39.9% | 2898 27.8% | 2267 1535.6% | 139 - | 0 - |
| Net Operating Income (INR Cr) | 16607 24.94% | 13293 18.08% | 11258 13.41% | 9926 -13.05% | 11416 56.27% | 7305 85.21% | 3944 37.17% | 2876 30.89% | 2197 1,523.33% | 135 0.00% | 0 0.00% |
| Profit (INR Cr) | 1137 -9.5% | 1256 4.3% | 1205 -1.6% | 1224 65.0% | 742 32.7% | 559 -51.1% | 1143 174.5% | 416 13.2% | 368 - | -7 - | 0 - |
| Assets (INR Cr) | 52428 8.4% | 48378 14.0% | 42455 9.3% | 38827 10.0% | 35314 20.4% | 29328 74.9% | 16770 37.8% | 12173 8.1% | 11266 4.4% | 10795 - | 0 - |
| Net Worth (INR Cr) | 12642 7.6% | 11749 18.5% | 9913 11.1% | 8919 5.0% | 8499 5.7% | 8043 32.8% | 6056 105.6% | 2947 10.3% | 2672 146.7% | 1083 - | 0 0.0% |
| Employee Cost (INR Cr) | 952 -3.5% | 987 11.5% | 885 -4.9% | 931 -4.4% | 973 65.8% | 587 1289.2% | 42 -8.0% | 46 49.5% | 31 89.5% | 16 - | 0 - |
| Interest Cost (INR Cr) | 2767 | 2781 | 2365 | 2117 | 2238 | 1391 | 886 | 904 | 957 | 73 | 0 |
| Cash & Bank Balance (INR Cr) | 2228 | 1704 | 1393 | 1290 | 2297 | 702 | 665 | 393 | 151 | 15 | 0 |
| Total Debt (INR Cr) | 37070 | 34270 | 29902 | 27095 | 24246 | 20137 | 10428 | 8975 | 8585 | 9701 | 0 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.6% | 8.5% | 9.6% | 11.1% | 6.4% | 7.3% | 28.2% | 14.4% | 16.2% | - | - |
| Profit As % Of Assets | 2.2% | 2.6% | 2.8% | 3.2% | 2.1% | 1.9% | 6.8% | 3.4% | 3.3% | - | - |
| Profit As % Of Networth | 9.0% | 10.7% | 12.2% | 13.7% | 8.7% | 7.0% | 18.9% | 14.1% | 13.8% | - | - |
| Interest Cost to EBITDA % | 48.4% | 61.6% | 56.2% | 53.6% | 52.6% | 50.4% | 31.3% | 45.6% | 49.7% | 71.6% | - |
| Debt to Equity Ratio | 2.93 | 2.92 | 3.02 | 3.04 | 2.85 | 2.50 | 1.72 | 3.05 | 3.21 | 8.96 | - |
| RONW | 9.8% | 11.8% | 13.1% | 14.8% | 8.5% | 7.9% | 25.4% | 14.8% | 19.6% | - | - |
| ROCE | 9.2% | 10.1% | 10.3% | 10.4% | 10.5% | 9.7% | 16.3% | 12.3% | 13.0% | 0.0% | 0.0% |