Adani Energy Solution

The market leader in transport logistics and energy utility industries.

Launch date

2013

Employees

501-1000 people

Market cap

Enterprise valuation

$20.8b (Public information from Sep 2024)

Ahmedabad Gujarat (HQ)

https://www.adanienergysolutions.com/

https://x.com/adanienergysol https://www.linkedin.com/company/adani-energy-solutions-ltd/

Revenues, earnings & profits over time

INR	2021	2022	2023	2024	2025	2026	2027
Revenues	99.3b	109.6b	132.9b	163.6b	189.7b	222.0b	254.5b
% growth	(13 %)	10 %	21 %	23 %	16 %	17 %	15 %
EBITDA	56.5b	59.3b	61.0b	62.1b	75.2b	101.8b	128.4b
% EBITDA margin	57 %	54 %	46 %	38 %	40 %	46 %	50 %
Profit	12.2b	12.0b	12.6b	11.4b	19.2b	32.1b	45.3b
% profit margin	12 %	11 %	9 %	7 %	10 %	14 %	18 %
EV / revenue	12.5x	23.8x	8.3x	7.0x	6.4x	5.5x	4.8x
EV / EBITDA	22.0x	43.9x	18.2x	18.4x	16.1x	11.9x	9.4x

Date	Investors	Amount	Round
Feb 2010	N/A	$20.0k	Early VC
Aug 2011	N/A	$9.0m	Series B
Jul 2015	N/A	N/A	IPO
Jun 2019	N/A	N/A	Seed
Apr 2020*	N/A	$90.0m	Private Placement VC
Oct 2021*	Societe Generale Sumitomo Mitsui Banking Corporation Mizuho Financial Group DBS Standard Chartered Bank Of Tokyo - Mitsubishi UFJ Siemens Smart Infrastructure	$700m	Post IPO Debt
Apr 2022*	International Holdings Company	N/A	Post IPO Equity
Mar 2023*	GQG Partners	INR19.0b	POST IPO SECONDARY
Sep 2023*	Gelt bery Trade and Investment	N/A	Post IPO Equity
Aug 2024*	N/A	$1.0b	Post IPO Equity
Total Funding		$99.0m

Tech stackLearn more about the technologies and tools that this company uses.

Warora-Kurnool Transmission

ACQUISITION by Adani Energy Solution Mar 2021

Sangod Transmission Service

ACQUISITION by Adani Energy Solution Oct 2023

Halvad Transmission

ACQUISITION by Adani Energy Solution Dec 2023

ACQUISITION by Adani Energy Solution May 2024