Advait Energy Transitions Limited (NSE: ADVAIT; BSE: 543230), a power transmission and energy transition company, reported strong financial performance for the second quarter and half year ended September 30, 2026, with higher revenue, improved operating margins and growth across its Power Transmission Solutions (PTS) and New and Renewable Energy (NRE) businesses. Consolidated revenue from operations for Q2FY27 stood at ₹220.94 crore, compared with ₹156.87 crore in the corresponding quarter last year, registering growth of 40.84%. Consolidated EBITDA increased 84.41% year-on-year to ₹31.94 crore, while profit after tax (PAT) rose 88.51% to ₹19.18 crore. EBITDA margin improved by 342 basis points to 14.45%, reflecting stronger operating performance and improved execution.
For H1FY27, consolidated revenue grew 45.37% to ₹400.21 crore. EBITDA increased 82.56% to ₹56.71 crore, while PAT rose 77.89% to ₹33.99 crore. The company’s outstanding order book stood at ₹1,574.83 crore as of September 30, 2026, up 47% year-on-year.
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.”
He added that the company would continue investing in its PTS business while advancing manufacturing initiatives in battery energy storage systems (BESS), electrolysers and integrated renewable energy solutions. Its priorities for the second half of FY27 include timely project execution, capacity expansion and working capital discipline.
Advait is strengthening manufacturing infrastructure across its established transmission portfolio and emerging energy transition businesses. Through subsidiary Advait Battery Ecosystem Private Limited, it is developing a 2.5 GWh BESS assembly facility at Gangad, Gujarat, spread across approximately 4,00,000 square feet. The project is supported by a Master Supply Agreement with Hithium for the supply of up to 1 GWh of LFP battery cells.
The Gangad facility forms part of a larger integrated manufacturing complex of approximately 150,000 square metres along the Ahmedabad–Dholera Expressway. Planned capacities include 12,000 km of high-ampacity conductors, 2.5 GWh of BESS assembly and 300 MW of alkaline electrolysers. The complex will also include PEM fuel cell manufacturing, stringing tools and Emergency Restoration Systems. Phase I is targeted for commissioning in Q4FY27, with full commercialisation expected by mid-2028.
Advait Energy Transitions Limited, formerly Advait Infratech Limited, is an Ahmedabad-based listed company operating across power transmission infrastructure, renewable energy, BESS, green hydrogen and clean energy technologies. Its capabilities include EPC execution, manufacturing and advanced energy infrastructure solutions.
