AI Summary
✦ ClarthaAdani Energy Solutions is an Indian power infrastructure company operating transmission, distribution, and smart-meter businesses. Transmission and distribution drive core electricity-network revenue, while smart meters add a technology-led growth avenue. Trading and optical-ground-wire telecom solutions provide smaller supporting activities. Revenue grew 15.4% year-on-year, while profit increased 115.3%, although declining margins indicate limited operating leverage. ROE is unavailable, and debt/equity of 194.5x implies substantial leverage that can amplify reported returns while increasing financing risk. The company’s earnings profile therefore requires scrutiny beyond headline profit growth, particularly as margins contract. At 67.1x earnings, the stock appears overvalued relative to its 15.4% growth rate, trading at a premium to growth. The valuation is rich, with future returns dependent on transmission execution, distribution performance, and smart-meter scaling despite elevated balance-sheet risk.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 9 analysts
Fundamentals
Fundamentals institutional score is 22 using growth durability 22.4.
Valuation
Valuation institutional score is 30 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 52 using mean target upside 7.7%; dispersion penalty 14.3; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 96 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. technical structure provide support, while fundamentals and valuation remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 65.9% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.82). Confidence: 78%.
Live forward EPS implies next-12-month EPS of ₹36.15. Applying the stock's normalized valuation corridor produces a fair range of ₹1,240.31 to ₹1,563.85, with base value near ₹1,453.23 (-10.4% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹36.15
Forward P/E
44.9x
Base Fair Value
₹1,453.23
Fair Range
₹1,240.31 - ₹1,563.85
Upside To Base
-10.4%
Estimate Source
Live forward EPS
Growth Estimate
+124.1%
5Y Average
57.52
Current
66.69
Overvalued
43.26
Undervalued
34.31
5Y Average
21.81
Current
25.29
Overvalued
27.25
Undervalued
13.60
5Y Average
5.72
Current
7.66
Overvalued
6.46
Undervalued
4.89
Peers & Comparison
Sector: Utilities · Theme: Power Infrastructure
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
GRASIM INDUSTRIES LTD GRASIMCement | +10.5% | 2.8% | 45.5x Premium | +24% vs avg | +23.4% |
HINDALCO INDUSTRIES LTD HINDALCOMetals - Aluminium | +32.1% | 5.5% | 14.3x Undervalued | -61% vs avg | +58.0% |
DR. REDDY S LABORATORIES DRREDDYPharmaceuticals | -5.6% | 10.0% | 30.7x Undervalued | -16% vs avg | -5.0% |
BSE LIMITED BSEStock Exchanges & Ratings | +64.0% | 48.9% | 50.4x Premium | +38% vs avg | +50.1% |
APOLLO HOSPITALS ENTER. L APOLLOHOSPHospitals & Diagnostic Centres | +18.1% | 7.7% | 65.1x Premium | +78% vs avg | +23.2% |
BAJAJ AUTO LIMITED BAJAJ-AUTOTwo Wheelers | +64.0% | 16.3% | 27.8x Undervalued | -24% vs avg | +42.5% |
EICHER MOTORS LTD EICHERMOTTrucks & Buses | +31.5% | 23.2% | 38.1x Fair | +4% vs avg | +41.7% |
HCL TECHNOLOGIES LTD HCLTECHIT Services & Consulting | +3.0% | 13.0% | 21.2x Undervalued | -42% vs avg | -8.8% |
ADANI ENERGY SOLUTION LTD trades at a premium (66.6x vs peer avg 36.6x), implying higher growth or quality expectations from the Power Infrastructure cohort. Peers include GRASIM INDUSTRIES LTD, HINDALCO INDUSTRIES LTD, DR. REDDY S LABORATORIES — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹919 CrJun 2026Latest net profit
₹49 CrJun 2026Latest EPS
₹0.41Jun 2026Net margin
6.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 14 | 202 | 885 | 416 | 114 | 468 | 349 | 1,007 | 825 | 665 | 640 | 1,252 | 919 |
| Expenses + | 18 | 209 | 868 | 409 | 112 | 427 | 358 | 992 | 803 | 634 | 584 | 1,143 | 862 |
| Operating Profit | -4 | -6 | 17 | 7 | 1 | 41 | -9 | 15 | 23 | 30 | 57 | 109 | 56 |
| OPM % | -27% | -3.2% | 1.9% | 1.6% | 1.3% | 9% | -2.6% | 1.5% | 2.8% | 4.6% | 9% | 9% | 6% |
| Other Income + | 425 | 193 | 201 | 175 | 195 | 270 | 310 | 333 | 287 | 306 | 296 | 351 | 285 |
| Interest | 56 | 81 | 103 | 108 | 120 | 132 | 136 | 142 | 160 | 198 | 217 | 252 | 277 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 365 | 105 | 114 | 74 | 77 | 180 | 164 | 207 | 150 | 139 | 135 | 208 | 64 |
| Tax % | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 4% | -4% | 27% | 15% | 4% | 23% |
| Net Profit + | 301 | 105 | 114 | 74 | 77 | 180 | 164 | 198 | 156 | 101 | 114 | 199 | 49 |
| EPS in Rs | 2.70 | 0.94 | 1.02 | 0.67 | 0.69 | 1.50 | 1.36 | 1.65 | 1.30 | 0.84 | 0.95 | 1.66 | 0.41 |
| Raw PDF | |||||||||||||
| YOY Sales Growth % | -82.67% | 15.46% | 226.40% | 162.40% | 688.71% | 131.50% | -60.60% | 142.26% | 624.79% | 42.00% | 83.68% | 24.34% | 11.28% |
| Material Cost % | 0% | 87% | 83% | 22% | 67% | 53% | 61% | 85% | 76% | 71% | 49% | 55% | 62% |
| Employee Cost % | 1% | 0% | 0% | 0% | 1% | 1% | 1% | 0% | 0% | 0% | 0% | 0% | 1% |
| Other income normal | 425 | 193 | 201 | 175 | 195 | 270 | 310 | 333 | 287 | 306 | 296 | 351 | 285 |
| Profit excl Excep | 301 | 105 | 114 | 74 | 77 | 180 | 164 | 198 | 156 | 101 | 114 | 199 | 49 |
| Profit for PE | 301 | 105 | 114 | 74 | 77 | 180 | 164 | 198 | 156 | 101 | 114 | 199 | 49 |
| Profit for EPS | 301 | 105 | 114 | 74 | 77 | 180 | 164 | 198 | 156 | 101 | 114 | 199 | 49 |
| YOY Profit Growth % | 1,874% | 227% | 15% | 33% | -75% | 70% | 43% | 166% | 104% | -44% | -30% | 1% | -69% |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation