Adani Energy Solutions Limited has informed the Exchange regarding 'Provisional Operation Updates - Q4 FY26'.
ADANIENSOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Adani Energy Solutions reported strong Q4 FY26 operational performance across its three businesses. In transmission, the company commissioned its second HVDC project (Mumbai HVDC, 1000 MW capacity) and won a new project at South Kalamb, taking the total network to 27,949 ckm with system availability at 99.77%. The distribution business (AEML) saw distribution losses improve to 4.20% (from 4.31% YoY), supply reliability at 99.997%, and units sold rise 4% to 2,508 MUs. Mundra utility (MUL) volumes grew strongly at 46% YoY to 368 MUs driven by industrial demand. The smart metering business surpassed its 1 crore cumulative installation guidance, with an order book of 2.46 crore meters and revenue potential of Rs 29,519 crore. AEML also received IND AAA and CRISIL AAA rating upgrades for its proposed NCDs, while AESL secured a BBB+ foreign currency rating from Japan Credit Rating Agency.
Broadly positive for shareholders — strong execution across transmission, distribution and smart metering with the company beating its smart meter installation target. The HVDC commissioning, new order wins, and credit rating upgrades reinforce the growth and credit profile, likely supportive of the stock.