Consolidated EBITDA margin expands by 342 basis points year-on-year to 14.45%, reflecting improved operating performance
Mumbai: Advait Energy Transitions Limited (NSE: ADVAIT, BSE: 543230), a power transmission and energy transition company, today announced its unaudited financial results for the quarter and half year ended September 30, 2026.
Financial Performance (Consolidated)
| Particulars (₹ crore) | Q2 FY27 | Q2 FY26 | YoY | H1 FY27 | H1 FY26 | YoY |
| Revenue from operations | 220.9 | 156.9 | 40.80% | 400.2 | 275.3 | 45.40% |
| EBITDA | 31.9 | 17.3 | 84.40% | 56.7 | 31.1 | 82.60% |
| EBITDA margin | 14.45% | 11.04% | 342 Bps | 14.17% | 11.28% | 289 Bps |
| Profit after tax | 19.18 | 10.2 | 88.50% | 34 | 19.1 | 77.90% |
| PAT margin | 8.68% | 6.49% | 220 Bps | 8.49% | 6.94% | 155 Bps |
Financial Performance (Standalone)
| Particulars (₹ crore) | Q2 FY27 | Q2 FY26 | YoY | H1 FY27 | H1 FY26 | YoY |
| Revenue from operations | 170.1 | 95.5 | 78.10% | 299.4 | 168.9 | 77.20% |
| EBITDA | 28.1 | 15.2 | 84.20% | 49 | 26.8 | 83.00% |
| EBITDA margin | 16.50% | 15.95% | 54 Bps | 16.40% | 15.83% | 52 Bps |
| Profit after tax | 17.1 | 10.3 | 66.10% | 29.7 | 18.3 | 62.40% |
| PAT margin | 10.06% | 10.79% | (73) Bps | 9.93% | 10.80% | (91) Bps |
Key Highlights
- Consolidated revenue grew 40.84% in Q2 FY27 and 45.37% in H1 FY27 to ₹400.21 crore.
- Consolidated EBITDA margin improved by 342 basis points year-on-year to 14.45% in Q2 FY27.
- Consolidated EBITDA margin improved from 13.82% in Q1 FY27 to 14.45% in Q2 FY27, reflecting operating leverage.
- Consolidated H1 FY27 profit after tax increased 77.89% to ₹33.99 crore, while EPS grew 78.64% to ₹29.53 and Return on Equity stood at 20.87%.
- Capital work-in-progress stood at ₹159.71 crore, reflecting ongoing investments in capacity expansion.
- The Company maintained a healthy financial position, with a debt-equity ratio of 0.86x and interest coverage of 5.73x.
- The Company continues to focus on working capital optimisation and improved collections to strengthen operating cash flows.
Key Business Highlights
- The Company’s order book stood at ₹1,574.83 crore as of September 30, 2026, representing 47% year-on-year growth, with PTS contributing 68% and NRE accounting for 32%.
- Advait Battery Ecosystem Private Limited is setting up a 2.5 GWh BESS assembly facility spread across approximately 4,00,000 square feet at Gangad, Gujarat, supported by a Master Supply Agreement with Hithium for up to 1 GWh of LFP battery cells.
- The Power Transmission Solutions business secured orders worth approximately ₹462 crore, led by underground cabling for PGVCL and Emergency Restoration Systems orders from MPPTCL and GETCO.
- The New & Renewable Energy business secured a ₹116 crore solar EPC order for a 200 MW project from KPI Green Energy.
Commenting on the results, Mr. Shalin Sheth, Founder and Managing Director, Advait Energy Transitions Limited, said: “The first half of FY27 has been encouraging, with strong revenue growth and a significant improvement in profitability. These results reflect our continued focus on execution, operational efficiency and strengthening the fundamentals of our business.
Our Power Transmission Solutions (PTS) business remains central to our growth strategy, supported by sustained investments in transmission infrastructure, grid modernisation and renewable energy integration. We are focused on expanding our capabilities and enhancing our ability to serve a broader set of customers and projects.
At the same time, we are progressing our initiatives across New and Renewable Energy (NRE), with a focus on manufacturing of battery energy storage systems (BESS), electrolysers and Other Integrated renewable energy solutions. These areas represent important opportunities to build complementary capabilities and participate in India’s evolving energy landscape.
As we move into the second half of FY27, our focus will remain on timely execution, capacity expansion, working capital discipline and creating sustainable long-term value for our shareholders.”
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