{"id":54111,"date":"2026-11-03T12:38:25","date_gmt":"2026-11-03T07:08:25","guid":{"rendered":"https:\/\/indianbusinessline.com\/index.php\/2026\/11\/03\/advait-energy-transitions-q2-revenue-surges-41-to-rs-221-crore-pat-rises-89-to-rs-19-18-crore\/"},"modified":"2026-11-03T12:38:25","modified_gmt":"2026-11-03T07:08:25","slug":"advait-energy-transitions-q2-revenue-surges-41-to-rs-221-crore-pat-rises-89-to-rs-19-18-crore","status":"publish","type":"post","link":"https:\/\/indianbusinessline.com\/index.php\/2026\/11\/03\/advait-energy-transitions-q2-revenue-surges-41-to-rs-221-crore-pat-rises-89-to-rs-19-18-crore\/","title":{"rendered":"Advait Energy Transitions\u2019 Q2 revenue surges 41% to Rs. 221 crore; PAT rises 89% to Rs. 19.18 crore"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><em>Revenue in the first half of the year increases 45% to Rs. 400.2 crore, PAT rises 78% to Rs. 34 crore, while order book grows 47% to Rs. 1,575 crore<\/em><\/p>\n<p class=\"wp-block-paragraph\"><strong>Ahmedabad (Gujarat) [India], November 3: Advait Energy Transitions Limited (NSE: ADVAIT, BSE: 543230)<\/strong>, formerly known as Advait Infratech Limited, has reported <strong>strong growth in revenue and profitability<\/strong> for the quarter and half year ended September 30, 2026.<\/p>\n<p class=\"wp-block-paragraph\">Consolidated revenue for the quarter was <strong>Rs. 220.9 crore, up 40.8%<\/strong> from Rs. 156.9 crore in the corresponding quarter of the previous year. <strong>Profit after tax (PAT) increased 88.5% to Rs. 19.18 crore<\/strong> from Rs. 10.2 crore, while <strong>EBITDA rose 84.4% to Rs. 31.9 crore<\/strong> from Rs. 17.7 crore<\/p>\n<p class=\"wp-block-paragraph\">For the first half of the financial year 2026-27, <strong>revenue increased 45.4% to Rs. 400.2 crore<\/strong> from Rs. 275.3 crore in the year-ago period. <strong>EBITDA grew 82.6% to Rs. 56.7 crore<\/strong> from Rs. 31.1 crore, while <strong>PAT rose 77.9% to Rs. 34 crore<\/strong> from Rs. 19.1 crore.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/pnndigital.com\/wp-content\/uploads\/2026\/11\/PNN-2026-11-02T132502.883.jpg\" alt=\"Advait Energy\" class=\"wp-image-91315\"><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">Commenting on the results, <strong>Shalin Sheth, Founder and Managing Director, Advait Energy Transitions Limited<\/strong>, said, <em>\u201cThe first half of FY27 has been encouraging, with strong revenue growth and a significant improvement in profitability. Our power transmission solutions business continues to be a key growth driver, supported by investments in transmission infrastructure, grid modernisation and renewable energy integration. We are expanding our capabilities to serve a wider range of customers and projects.<\/em><\/p>\n<p class=\"wp-block-paragraph\"><em>\u201cWe are also focusing on new and renewable energy, including battery energy storage systems, electrolysers and integrated renewable energy solutions. These areas offer opportunities to build complementary capabilities and contribute to India\u2019s transition to clean energy,\u201d<\/em> he added.<\/p>\n<p class=\"wp-block-paragraph\">The company\u2019s <strong>order book stood at Rs. 1,574.83 crore as of September 30<\/strong>, representing <strong>year-on-year growth of 47%<\/strong>. The <strong>PTS business secured orders worth approximately Rs. 462 crore<\/strong>, while the new and renewable energy business secured a <strong>Rs. 116 crore solar EPC order for a 200 MW project<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Capital work-in-progress stood at Rs. 159.71 crore<\/strong>, reflecting ongoing investments in capacity expansion. The company\u2019s <strong>debt-equity ratio stood at 0.86x<\/strong>, while its <strong>interest coverage ratio was 5.73x<\/strong>. It continues to focus on working capital optimisation and improved collections to strengthen operating cash flows.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/pnndigital.com\/wp-content\/uploads\/2026\/11\/PNN-2026-11-02T132526.720.jpg\" alt=\"Advait Energy\" class=\"wp-image-91316\"><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">The company is also expanding its presence in <strong>energy storage<\/strong> through its subsidiary, <strong>Advait Battery Ecosystem<\/strong>, which is setting up a <strong>2.5 GWh battery energy storage system (BESS) assembly facility spread across 4 lakh sq ft at Gangad, Gujarat<\/strong>. The project is supported by a <strong>Master Supply Agreement with Hithium for up to 1 GWh of LFP battery cells<\/strong>.<\/p>\n<h3 class=\"wp-block-heading\">About Advait Energy Transitions Limited<\/h3>\n<p class=\"wp-block-paragraph\"><strong>Advait Energy Transitions Limited (formerly Advait Infratech Limited)<\/strong>, established in <strong>2009<\/strong> and headquartered in <strong>Ahmedabad, Gujarat<\/strong>, provides products and solutions for power transmission, substation and telecommunication infrastructure. Its <strong>Power Transmission Solutions<\/strong> business manufactures and supplies stringing tools, OPGW, ACS wires, Emergency Restoration Systems and insulators, and executes EPC projects. Its <strong>New &amp; Renewable Energy<\/strong> business covers solar EPC, battery energy storage systems and green hydrogen.<\/p>\n<p class=\"wp-block-paragraph\"><strong>For more information, visit<\/strong> <a href=\"https:\/\/www.advaitgroup.co.in\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>www.advaitgroup.co.in<\/strong><\/a><strong>.<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Revenue in the first half of the year increases 45% to Rs. 400.2 crore, PAT rises 78% to Rs. 34 crore, while order book grows 47% to Rs. 1,575 crore Ahmedabad (Gujarat) [India], November 3: Advait Energy Transitions Limited (NSE: ADVAIT, BSE: 543230), formerly known as Advait Infratech Limited, has<span class=\"more-link theme-more-link\"><a href=\"https:\/\/indianbusinessline.com\/index.php\/2026\/11\/03\/advait-energy-transitions-q2-revenue-surges-41-to-rs-221-crore-pat-rises-89-to-rs-19-18-crore\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7448,7449,7450,52,7451,7452,6821,7036,7453,3318],"tags":[55],"class_list":["entry","author-","post-54111","post","type-post","status-publish","format-standard","category-advait-energy-transitions","category-advait-infratech","category-battery-energy-storage","category-finance","category-green-hydrogen","category-gujarat-business","category-h1-fy27-results","category-order-book","category-q2-fy27-results","category-solar-epc","tag-finance"],"_links":{"self":[{"href":"https:\/\/indianbusinessline.com\/index.php\/wp-json\/wp\/v2\/posts\/54111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indianbusinessline.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indianbusinessline.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indianbusinessline.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indianbusinessline.com\/index.php\/wp-json\/wp\/v2\/comments?post=54111"}],"version-history":[{"count":0,"href":"https:\/\/indianbusinessline.com\/index.php\/wp-json\/wp\/v2\/posts\/54111\/revisions"}],"wp:attachment":[{"href":"https:\/\/indianbusinessline.com\/index.php\/wp-json\/wp\/v2\/media?parent=54111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indianbusinessline.com\/index.php\/wp-json\/wp\/v2\/categories?post=54111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indianbusinessline.com\/index.php\/wp-json\/wp\/v2\/tags?post=54111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}