The shares of this company jumped by 6 percent after the company announced that it had received a work order from Gujarat BESS Private Ltd. In this article, we will look at the details of the work order.
With a market capitalization of Rs 1,272 crores, the shares of Advait Energy Transitions Ltd are currently trading at Rs 1,178 per share, down by 48 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 4,492.87 percent. As of March 2025, Ashish Kacholia holds a 2.67% stake in the company.
Advait Energy Transitions Ltd has received a work order from Gujarat BESS Private Limited worth Rs 7.43 crores. The scope of the work includes the Supply, Erection, Testing, and Commissioning for the 180 MW / 360 MWh BESS Project (AC Side) at Gujarat BESS Private Limited, Sanand. The mechanical work is planned to be completed by 30 November 2025, with final charging set for completion by 23 December 2025.
The company reported a revenue growth of 35.38 percent to Rs 98.45 crores in Q3 FY25 from Rs 72.71 crores in Q3 FY24. It reported a net profit growth of 27.28 percent to Rs 9.79 crores in Q3 FY25 from Rs 7.69 crores in Q3 FY24. The company has an ROE and ROCE of 36.6 percent and 37.2 percent, respectively, and is currently trading at a P/E of 48.24x against its industry average of 20.38x.
About the company
Advait Energy Transitions Limited offers products and solutions for the telecom infrastructure, power transmission, and substation industries in India and abroad. It manufactures and distributes OPGW cables, insulators, aluminum-clad steel wires, and stringing tools and accessories of different kinds.
The company also deals in earthing solutions and has green energy projects such as hydrogen electrolysers, solar EPC projects, battery storage systems, and carbon offset consulting.
Written by Satyajeet Mukherjee
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