The shares of this company, which engages in the power transmission and telecommunication infrastructure business, surged over 13 percent after it announced securing a key order worth Rs 86 crores.
With a market capitalization of Rs 1,569 crores, the shares of Advait Energy Transitions Ltd are currently trading at Rs 1,453 per share, down by 35.7 percent from its 52-week high of Rs 2,260 per share. Over the last five years, the stock has delivered a multibagger return of 5,554 percent. As of March 2025, Ashish Kacholia holds a 2.67 percent stake in this company.
About the order
On Wednesday, Advait Energy Transitions announced that it has secured a key order worth Rs 86.14 from Power Grid Corporation of India Limited. The company announced that it received an order for the supply and erection of OPGW and communication equipment under Package OPGW-04 for different transmission lines in India. It is to be executed within 12 months of the date of issue of the lot-wise implementation orders.
Financial Highlights
The company reported a revenue growth of 91 percent to Rs 399 crores in FY25 from Rs 209 crores in FY24. Additionally, its net profit recorded a growth of 45 percent to Rs 32 crores in FY25 from Rs 22 crores in FY24.
It delivered an ROE and ROCE of 22.44 percent and 27.58 percent respectively, and is currently trading at a P/E of 50.71x, much higher than its industry average of 27.40x.
About the company
Advait Energy Transmissions Limited provides integrated products and solutions for the power transmission, substation, and telecommunication infrastructure industries in India and global markets. Its expertise lies in the production and supply of various types of equipment such as stringing equipment, OPGW cable, aluminum-clad steel wire, insulators, and emergency restoration systems.
Written by Satyajeet Mukherjee
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