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Adani Energy Solutions Limited Q2 FY27 results deck summary
NSE: ADANIENSOL · BSE: 539254
Results deck of 23 Oct 2026, summarised by AI from the filing.
AESL Q2 FY27 operational revenue ₹7,167 cr, up 51%, EBITDA ₹3,548 cr, up 67%, and PAT ₹1,364 cr, up 145% YoY.
Key takeaways
- Q2 FY27 results Operational revenue was ₹7,167 cr, up 51% YoY, EBITDA ₹3,548 cr, up 67% YoY, and PAT ₹1,364 cr, up 145% YoY.
- ESG targets AESL targets 60% renewable power procurement by FY2027 and maintaining GHG emission intensity at ≥50% till FY2027.
- Capex step-up 1H FY27 capex rose 1.3x to ₹7,850 cr, with transmission capex up 1.7x on project wins.
- Energy solutions The energy solutions platform supplied 25,333 MUs in 1H FY27 and has ~4.6 GW solar and wind supply tie-ups.
- IntelliSmart approval The IntelliSmart acquisition, adding 22.3 Mn meters, is subject to regulatory and other customary approvals.
Adani Energy Solutions Limited Q2 FY27 results
As filed: Revenue ₹10,076 cr (+53% year on year), EBITDA ₹3,101 cr (+35% year on year), PAT ₹1,364 cr (+145% year on year), EBITDA margin 30.8% (−393 bps).
The Q2 FY27 score, against the company's own trend, is for premium members.
Earlier results and the share price after them
- Q1 FY27: Revenue ₹9,711 cr (+42% year on year), EBITDA ₹3,008 cr (+30% year on year), PAT ₹1,237 cr (+129% year on year), EBITDA margin 31.0% (−297 bps). Score 73 of 100, Above trend. Revenue and EBITDA growth were above the company's own trend; profit growth was well above it. EBITDA margin fell 297 bps year on year. Tax rate 11%. Consolidated profit +129% but standalone -69%. Revenue grew on the previous quarter, against its usual seasonal pattern. Revenue rose ₹2,892 cr on a year ago, more than the ₹1,440 cr it added the year before. Share price after the results: −10.5% in 30 days (Nifty 500: +0.7%).
- Q4 FY26: Revenue ₹7,443 cr (+17% year on year), EBITDA ₹2,145 cr (−5% year on year), PAT ₹723 cr (+5% year on year), EBITDA margin 28.8% (−649 bps). Score 29 of 100, Below trend. Revenue and profit growth were below the company's own trend; EBITDA growth was well below it. EBITDA margin fell 649 bps year on year. Share price after the results: +0.5% in 29 days (Nifty 500: −0.7%).
- Q3 FY26: Revenue ₹6,730 cr (+15% year on year), EBITDA ₹2,336 cr (+10% year on year), PAT ₹574 cr (−8% year on year), EBITDA margin 34.7% (−174 bps). Score 33 of 100, Below trend. Revenue growth was below the company's own trend; EBITDA and profit growth were well below it. EBITDA margin fell 174 bps year on year. Revenue rose ₹900 cr on a year ago, against ₹1,267 cr the year before. Share price after the results: +14.2% in 29 days (Nifty 500: +1.7%).
- Q2 FY26: Revenue ₹6,596 cr (+7% year on year), EBITDA ₹2,289 cr (+28% year on year), PAT ₹557 cr (−28% year on year), EBITDA margin 34.7% (+581 bps). Score 51 of 100, In line with trend. Revenue growth was well below the company's own trend; EBITDA growth was in line with it. EBITDA margin rose 581 bps year on year. Revenue fell 3% from last quarter. Revenue rose ₹412 cr on a year ago, against ₹2,510 cr the year before. Share price after the results: +4.7% in 30 days (Nifty 500: +0.5%).
- Q1 FY26: Revenue ₹6,819 cr (+27% year on year), EBITDA ₹2,315 cr (+3% year on year), PAT ₹539 cr, EBITDA margin 34.0% (−779 bps). Score 45 of 100, In line with trend. EBITDA margin fell 779 bps year on year. Tax rate 10%. Not enough history for a trend yet: scored on growth alone. Profit fell 22% from last quarter. Share price after the results: −7.3% in 29 days (Nifty 500: −1.9%).
- Q4 FY25: Revenue ₹6,375 cr (+35% year on year), EBITDA ₹2,251 cr (+44% year on year), PAT ₹687 cr (+80% year on year), EBITDA margin 35.3% (+204 bps). Score 90 of 100, Above trend. EBITDA margin rose 204 bps year on year. Not enough history for a trend yet: scored on growth alone. Share price after the results: −6.9% in 30 days (Nifty 500: +3.3%).
- Q3 FY25: Revenue ₹5,830 cr (+28% year on year), EBITDA ₹2,125 cr (+39% year on year), PAT ₹625 cr (+80% year on year), EBITDA margin 36.5% (+298 bps). Score 84 of 100, Above trend. EBITDA margin rose 298 bps year on year. Tax rate -6%. Not enough history for a trend yet: scored on growth alone. Revenue fell 6% from last quarter.
Past price moves after results do not indicate future moves. Not a recommendation.
Adani Energy Solutions Limited earnings call, investor presentation and press release summaries
- Q2 FY27: Results deck (23 Oct 2026)
- Q1 FY27: Earnings call (22 Jul 2026), Results press release (21 Jul 2026)
- Q4 FY26: Earnings call (24 Apr 2026), Results press release (23 Apr 2026)
- Q3 FY26: Earnings call (23 Jan 2026), Results press release (22 Jan 2026)
- Q2 FY26: Earnings call (28 Oct 2025), Results press release (27 Oct 2025)
- Q1 FY26: Earnings call (25 Jul 2025), Results press release (24 Jul 2025)
- Q4 FY25: Earnings call (25 Apr 2025), Results press release (24 Apr 2025)
Figures from the company's filings with NSE and BSE. Not investment advice.