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Advait Energy Transitions Limited (ADVAIT)

Small Cap

Power stocks · Small cap · NSE

Advait Energy Transitions Limited operates in Solar & EV Infrastructure, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹1,760
-104.40 · -5.60%
Market cap ₹2,006 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:56 pm IST
Details
Quote19 Oct, 05:56 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:49 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Jun 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens

Trend score and candlestick chart

36Bearish

SMA20 -9.2% / mo · MACD −

Stock trend: 36
Sector RS: —
Power FPI tailwindNot confirmed

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

ADVAITD candles · FIT view-12.4%
Latest close ₹1760.00 on 2026-10-19

Daily history is available from 2026-01-20; the requested 1Y window is partially covered.

Bar
-5.5%
RSI
31
MACD hist
-1.81
52W pos
36%
Visible chart range
Candle interval
2026-10-19O ₹1862.40H ₹1868.00L ₹1750.00C ₹1760.00Vol 45,732 sh
₹1.70k₹1.90k₹2.11k₹2.32k₹2.52k52H₹1760.002026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

ADVAITNifty PowerNifty 500
-24%-13%-2%+8%20 Jul1 Sept19 Oct19 Oct 2026ADVAIT -21.2%Nifty Power -13.0%Nifty 500 -5.6%
ADVAIT
-21.2%
Nifty 500
-5.6%
Nifty Power
-13.0%
Vs Nifty 500
-15.6 pp
Chart stats
19 Oct 2026
From 52W high
-29.2%
₹2,485
52W range position
36%
₹1,351 - ₹2,485
ATR (14)
4.2%
₹73.3
Volume vs 20D
1.41x
Latest completed session
Avg traded value
₹6.4 Cr
20-session average
20D price channel
₹1,750 - ₹2,075
37.2% annualized volatility
Research snapshot

What the evidence says now

Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE
52

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Excellent
90

Revenue +51.7% · PAT +66.7% YoY

Technical
Bearish
36

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-32.7%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
74

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Excellent · 90/100

Rev +52% YoY · PAT +67% YoY · margin expansion · operating leverage

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹179 Cr+51.7%-21.5%
EBITDA₹25 Cr+78.6%-13.8%
Operating margin14.0%+200 bps+100 bps
PAT₹15 Cr+66.7%-21.1%
PAT margin8.4%+75 bps+5 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
34.70
P/B
7.21
EV/EBITDA
21.22
Market Cap
2006.00Cr

Profitability

ROE
21.50%
ROCE
27.90%
ROA
9.15%
Dividend Y
0.11%

Growth (CAGR)

Revenue 5Y
61.00%
EPS 5Y
63.00%
Revenue 3Y
90.00%
EPS 3Y
83.00%

Balance Sheet

Debt/Equity
0.34
Interest Coverage
5.94×
Altman Z
5.44
Book Value
254.00

Cash Flow

FCF Yield
—
FCF Positive Y
3/5
OCF
-10.00 Cr
EPS TTM
52.79

Shareholding

Promoter Hold
66.76%
Promoter Pledge
0.00%
Momentum 52W
44%

Financial History

Updated 20/10/2026

Revenue

₹ Cr
Latest: 179-21.5% vs prev
0228.0Sep 2023: 49.0Dec 2023: 73.0Mar 2024: 60.0Jun 2024: 60.0Sep 2024: 46.0Dec 2024: 98.0Mar 2025: 193Jun 2025: 118Sep 2025: 157Dec 2025: 211Mar 2026: 228Jun 2026: 179Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: 15.0-21.1% vs prev
019.0Sep 2023: 6.0Dec 2023: 8.0Mar 2024: 7.0Jun 2024: 5.0Sep 2024: 4.0Dec 2024: 10.0Mar 2025: 13.0Jun 2025: 9.0Sep 2025: 10.0Dec 2025: 17.0Mar 2026: 19.0Jun 2026: 15.0Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
ROE is shown only in the Annual view — quarterly equity data isn't published.

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term trend unclear. RSI 31.

  • SMA20 falling (~10.2% over last month) — short-term momentum negative.
  • RSI(14) at 31 — falling, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 29% off 52W high · 30% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

38
RS percentile
Stage 1 Base / Transition
1M return
-12.2%
3M return
-21.2%
6M return
-11.7%
1Y return
-
RS 1D
-12
RS 20D
-15
Sector rank
#11
Industry rank
#75
Stage evidence
  • Price is 14.6% below the 30-week proxy without full trend alignment.
  • The 30-week proxy changed +1.9% over 20 sessions.
  • The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
unavailable
Sector
neutral
Industry
lagging
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
185 observations
19 Oct 2026Value 131.65-4.62%
96116137158178Jan 26Apr 26Jul 26Oct 26132
RS vs Nifty 500132

Valuation & peers

U-Score 52 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies

52U-SCORE
FAIR_VALUE

Fundamental score breakdown

U band · FAIR VALUE
Valuation0/30
Growth24/25
Quality14/20
Balance Sheet9/15
Cash Flow2/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
52

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

52/100 · legacy band FAIR VALUE

Positive drivers

  • Growth contributes 24/25 to the score.
  • Quality contributes 14/20 to the score.
  • Balance sheet contributes 9/15 to the score.

Main drags

  • Fair-value margin of safety is negative at -32.7%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Cash flow is weaker at 2/10; verify the latest quarterly trend.
Sector valuation model

Execution business valuation: EV/EBITDA plus order and working-capital risk

Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.

Execution EV/EBITDA
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
34.7
PB
7.2
EV/EBITDA
21.2
ROE
21.5%
ROCE
27.9%
FCF Yield
—
Debt/Equity
0.3
MoS
-32.7%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
52
Previous: 52
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-32.7%
Previous: -32.7%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
52
52
52
52
52
52
52
52
52
52
52
52

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹549.27
-220.4% MoS
Growth-justified P/E
25.1
Growth-justified Value
₹1,326.61
-32.7% MoS
PEG
0.49

Comparable companies

Peers

Business-comparable peers in Power — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SERVOTECH
Small
Servotech Renewable Power System Limited
Renewable Energy
match 237
35
43.4
12.8%
-64%
WATCHLIST
INA
Small
Insolation Energy Limited
Renewable Energy
match 205
75
9.4
28.1%
+68%
DEEP VALUE
AGNI
SME
Agni Green Power Ltd.
Renewable Energy
match 190
23
19.7
4.4%
-30%
OVERVALUED
SAATVIKGL
Micro
Saatvik Green Energy Limited
Renewable Energy
match 175
64
20.7
42.3%
+49%
UNDERVALUED
KPIGREEN
Micro
KPI Green Energy Limited
Renewable Energy
match 164
49
14.2
16.9%
+46%
FAIR VALUE

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Advait Energy Transitions Limited operates in Solar & EV Infrastructure, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
74Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 75th percentile of the scored universe and 86th percentile within Power. Main check: cash conversion is weak at 40/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
44 docs text-extracted · 5 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
75th percentile

overall median 67 · Power: 86th pctile, median 65 · Small: 77th pctile, median 66

Evidence depth
Financial-only

44 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
80
strong · capital discipline
Results
87
strong · quarterly consistency

Trust positives

  • ▸Promoter holding is 66.8%.
  • ▸Promoter pledge is zero.
  • ▸ROCE is 27.9%.
  • ▸4/4 latest quarters had positive YoY revenue growth.

Trust risks

  • ▸Operating cash flow is negative at ₹-10 Cr.
  • ▸ROCE trend is -2.8%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

12 shown
Announcement

Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 19 Sep - Advait subsidiary signs MSA with Hithium for up to 1 GWh LFP battery cells over next year.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Aug - Newspaper Clippings -Sixteenth Annual General Meeting, Record Date for Dividend and Information on E-voting

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 25 Aug - Advait wins Rs.134.62 crore MPPTCL turnkey ERS order, executable in 18 months.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Aug - Newspaper publication for Annual General Meeting and record date

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 18 Aug - Advait Greenergy won ₹116 crore EPC turnkey contract for 200 MW solar project in Bikaner, Rajasthan.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 11 Aug - Advait won GETCO turnkey ERS order worth Rs 24.88 crore, executable in 8 months.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 10 Jul - Advait Energy won ₹58.25 crore PGVCL turnkey underground cable contract, executable in 18 months.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 10 Jul - Advait won ₹64.2 crore PGVCL turnkey underground cable order at Mandvi-city, executable in 18 months.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 10 Jul - Advait won Rs. 52.57 crore PGVCL turnkey underground cable network order, executable in 18 months.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 10 Jul - Advait Energy Transitions won ₹75.56 crore PGVCL turnkey underground cable contract, executable in 18 months.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Jun

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.