Advait Energy Transitions Limited reported an 88.5% year-on-year increase in consolidated profit after tax (PAT) to ₹19.18 crore in Q2 FY27, supported by strong revenue growth, improved operating margins and fresh business orders. The company’s order book also expanded 47% to ₹1,574.83 crore as of September 30, 2026, reflecting continued demand across its power transmission and renewable energy businesses.
The company announced its unaudited financial results for the quarter and half year ended September 30, 2026, reporting improvements across key consolidated financial parameters.
Advait Energy Reports Strong Q2 FY27 Financial Performance
Advait Energy’s consolidated revenue from operations increased 40.8% year-on-year to ₹220.9 crore in Q2 FY27, compared with ₹156.9 crore in the corresponding quarter of the previous financial year.
Consolidated EBITDA rose 84.4% to ₹31.9 crore, against ₹17.3 crore in Q2 FY26. The company’s EBITDA margin improved by 342 basis points to 14.45%, compared with 11.04% in the year-ago quarter.
Consolidated profit after tax increased to ₹19.18 crore from ₹10.2 crore in Q2 FY26, representing 88.5% year-on-year growth. The PAT margin also improved by 220 basis points to 8.68%.
H1 FY27 Revenue Increases 45.4%
The company also reported strong financial growth during the first half of FY27.
Consolidated revenue from operations increased 45.4% year-on-year to ₹400.2 crore, compared with ₹275.3 crore in H1 FY26. EBITDA rose 82.6% to ₹56.7 crore, while the EBITDA margin improved by 289 basis points to 14.17%.
Consolidated profit after tax grew 77.9% to ₹34 crore from ₹19.1 crore in the corresponding period last year. Earnings per share (EPS) increased 78.64% to ₹29.53 during H1 FY27, while return on equity stood at 20.87%.
The company’s capital work-in-progress stood at ₹159.71 crore, reflecting ongoing investments in capacity expansion. Its debt-equity ratio was 0.86x, while the interest coverage ratio stood at 5.73x.
Order Book Expands to ₹1,574.83 Crore
Advait Energy’s order book reached ₹1,574.83 crore as of September 30, 2026, registering 47% year-on-year growth.
Power Transmission Solutions (PTS) contributed 68% of the order book, while New & Renewable Energy (NRE) accounted for the remaining 32%.
During Q2 FY27, the PTS business secured orders worth approximately ₹462 crore. These included underground cabling work for Paschim Gujarat Vij Company Limited (PGVCL) and Emergency Restoration Systems orders from Madhya Pradesh Power Transmission Company Limited (MPPTCL) and Gujarat Energy Transmission Corporation Limited (GETCO).
The NRE business also secured a ₹116 crore solar engineering, procurement and construction (EPC) order from KPI Green Energy for a 200 MW project.
These developments add to the company’s project pipeline across power transmission infrastructure and renewable energy.
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Advait Energy Advances 2.5 GWh BESS Manufacturing Facility
Alongside its power transmission and solar EPC businesses, Advait Energy is progressing its battery energy storage system (BESS) manufacturing plans.
Through its subsidiary, Advait Battery Ecosystem Private Limited, the company is setting up a 2.5 GWh BESS assembly facility at Gangad, Gujarat. The facility will cover approximately 4,00,000 square feet.
The project is supported by a Master Supply Agreement with Hithium for the supply of up to 1 GWh of lithium iron phosphate (LFP) battery cells.
The proposed facility represents an important step in the company’s efforts to expand its presence in the battery energy storage segment and strengthen its capabilities across the broader energy transition value chain.
Management Highlights Growth Priorities for FY27
Commenting on the financial performance, Mr. Shalin Sheth, Founder and Managing Director of Advait Energy Transitions Limited said the first half of FY27 had been encouraging, supported by strong revenue growth and a significant improvement in profitability.
He highlighted the company’s continued focus on execution, operational efficiency and strengthening its business fundamentals.
Mr. Sheth also emphasized the importance of the Power Transmission Solutions business, supported by investments in transmission infrastructure, grid modernization and renewable energy integration.
The company is simultaneously advancing initiatives across New & Renewable Energy, with a focus on battery energy storage systems, electrolysers and integrated renewable energy solutions.
As it enters the second half of FY27, Advait Energy plans to prioritize timely project execution, capacity expansion and working capital discipline while focusing on sustainable long-term growth.
