Adani Energy Solutions share price today

Adani Energy Solutions Ltd's share price was ₹1,414.00 at the close on 4 November 2026. It has been rising for 53 weeks. That is 6.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹813 and ₹1,723, and at that close it sat 66% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Adani Energy Solutions Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 10 weeks running.

Over the last 11 years the share price moved +4,447% while the NIFTY 500 moved +249%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 28 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

1. Indian funds and insurers (DIIs) raised their stake for 11 quarters in a row

   From 3.8% to 13.6% of the company by the September 2026 quarter.

2. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹10,076 crore, +52.8% on a year earlier.

   Why: Revenue rose because the energy solutions business moved past its early stage and started adding long-term supply deals and more customers.

   From the earnings call on 23 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Adani Energy Solutions reported revenue of ₹10,076 crore, up 52.8% from ₹6,596 crore a year earlier, and a profit of ₹1,364 crore, up 144.9% from ₹557 crore.

Adani Energy Solutions results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Adani Energy Solutions' management discussed these results on a call held on 23 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Adani Energy Solutions closed at ₹1,414.00 on 4 November 2026, up 47.2% from ₹960.60 a year earlier (7 November 2025) and down 22.2% over five years. Its highest weekly close since March 2016 was ₹4,094.75 on 16 September 2022.

Adani Energy Solutions share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 4 March 2016 to 4 November 2026.

4 Nov 2026: Adani Energy Solutions closed at ₹1,414.00, up 5.1% on the week and up 6.7% on the month. 23 Oct 2026: Adani Energy Solutions held its results call for July to September 2026. Management guided: Transmission capital spending about ₹14,000 crore in FY27 with ₹8,000-9,000 crore in H2 and ₹18,000-19,000 crore in FY28.

Earlier

• Results for July to September 2026: Revenue up 52.8% and profit up 144.9% on a year earlier.

Adani Energy Solutions has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Adani Energy Solutions Ltd paid out 0% of its profit as dividends in each of its last 12 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 23 October 2026, Adani Energy Solutions' management guided: Transmission capital spending about ₹14,000 crore in FY27 with ₹8,000-9,000 crore in H2 and ₹18,000-19,000 crore in FY28.

“Currently, we have an asset base of about 83,000 crore, and we have already logged capex of more than 1 lakh crore, which we will be delivering over the next 4-5 years.”Kandarp Patel, on the call for July to September 2026

What management guided

• Transmission capitalisation held around ₹15,000 crore in FY27 including close to ₹9,000 crore certain projects and around ₹10,000 crore in FY28 with HVDC lump thereafter.
• Smart-meter orderbook balance to complete in 12-14 months with H2 installation pace sharply higher.
• Energy Solutions consumer-stack tie-ups 7,000-8,000 MW over next 3-4 years matched with higher sourcing.
• MSEDCL 1,000 MW end-Feb, 1,000 MW end-Apr, 500 MW end-Jul with AEML 750 MW execution in 3-4 weeks for delivery 2 years after signing.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 23 October 2026.

When Adani Energy Solutions reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: WRSR, Halvad and Khavda Phase-4 commissioning against held capitalisation guide with ROW clearance as check.

Adani Energy Solutions is on one of our India lists: Power & green energy stocks.

Adani Energy Solutions Ltd earned ₹1,364 Cr of net profit in the Sep 2026 quarter, +144.9% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹2,393 Cr. Over 10 years profit has grown 20.6% a year on average. That is 13.5% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹557 Cr. 1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹2,393 Cr (+159.5% on the year before).

Why profit moved: revenue changed +52.8% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +66.9% and revenue +31.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Adani Energy Solutions Ltd reported ₹10,076 Cr of revenue in the Sep 2026 quarter, +52.8% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 28.8% a year on average. The last full year, FY26, came in at ₹27,588 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹33,960 Cr.

FY26 revenue was ₹27,588 Cr, +16.1% on the year before.

Recent pace: the last four quarters grew +31.8% on average, against 28.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +32.6%, against +27.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +60.1%, against +254.0% a year (rolling over).

Adani Energy Solutions Ltd's operating margin was 31.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 12 years it has been between 29.0% and 88.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.1 percentage points on the year while gross margin changed −6.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 578% of Adani Energy Solutions Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹10,997 Cr of operating cash against ₹2,393 Cr of profit. After ₹5,579 Cr of spending on assets, ₹5,418 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Adani Energy Solutions Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹27,588 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹15,673 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 18.9% of FY26 revenue a year.

Spending on assets: ₹15,673 Cr over the last 3 years, against ₹5,660 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2,054 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Adani Energy Solutions Ltd's P/E is 46.6×, in the middle of its own history: higher than 43% of past readings. Its usual P/E (the middle reading) is 53.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹30.68.