Synopsis: Advait Energy Transitions Limited secured a ₹32.93 crore GETCL order to upgrade five 66 kV lines with HTLS conductors, enhancing transmission capacity, to be completed within nine months.
This Ashish Kacholia stock & Vijay Kedia, engaged in manufacturing stringing tools, OPGW cables, ACS wires, and providing EPC solutions for power transmission, substations, telecom infrastructure, and renewable energy transitions, jumped 9.42 percent after receiving an order from Gujarat Energy Transmission Corporation Limited (GETCL) for Transmission Projects.
With a market capitalization of Rs. 1,590.21 crores, the share of Advait Energy Transitions Limited has reached an intraday high of Rs. 1,487 per equity share, rising nearly 9.42 percent from its previous day’s close price of Rs. 1,358.95. Since then, the stock has retreated and is currently trading at Rs. 1,454 per equity share.
Reason Behind the Surge
Advait Energy Transitions Limited has received a new domestic order from Gujarat Energy Transmission Corporation Limited (GETCL) in the normal course of business. The order involves a turnkey contract for the supply, installation, testing, and commissioning of high-temperature low-sag (HTLS) conductors by converting existing DOG conductors on five 66 kV transmission lines in the Himatnagar Circle of Gujarat.
These transmission lines include Jamla-Mansa, Khedbrahma-Vartol, Vijapur-Sunadarpur, Vijapur-Malosan, and Vijapur-Ranasan routes. The conversion will enhance the power-carrying capacity of the transmission network without increasing tower load.
The total value of the order is approximately Rs. 32.93 crore, inclusive of taxes. The project is expected to be completed within nine months from the date of the letter of award. This order strengthens the company’s presence in transmission infrastructure projects.
Order Book
As of September 30, 2025, Advait Energy Transitions Limited reported a strong order book of Rs. 1,070 crore, reflecting one of the fastest growth rates in its segment. The Power Transmission Solutions division contributed about 76 percent of the total order value, while the New and Renewable Energy division accounted for the remaining 24 percent, indicating a well-diversified and balanced business portfolio.
The company’s order book has witnessed strong growth in recent years, rising from Rs. 386.9 crore in Q2 FY25 to Rs. 757.4 crore in Q1 FY26 and further to Rs. 1,070.2 crore in Q2 FY26, registering a robust year-on-year growth of 177 percent.
Over the long term, the company’s order book has expanded significantly, increasing from Rs. 70.9 crore in FY22 to Rs. 503.8 crore in FY25. This represents a strong compound annual growth rate (CAGR) of around 92 percent, offering healthy revenue visibility for the coming years.
Shareholding Pattern
In December 2025, Advait Energy Transitions Limited had a majority stake held by the promoters at 66.80 percent, foreign institutional investors at 0.02 percent, domestic institutional investors at 0.35 percent, and the public at 32.82 percent.
Ace investor Ashish Kacholia holds a 2.06 percent stake in Advait Energy Transitions Limited, valued at Rs. 32.6 crores, consisting of 2,25,000 shares. Meanwhile, another Ace investor Vijay Kishanlal Kedia has made a fresh investment through Kedia Securities Private Limited, acquiring 1,25,000 shares, which represent a 1.14 percent stake with a current value of Rs. 18.2 crore.
Advait Energy Transitions Limited was founded in 2009 and is headquartered in Ahmedabad, India. The company operates in the power transmission, substation infrastructure, and telecommunications sectors.
The company manufactures stringing tools, ACS wires, OPGW systems, and emergency restoration systems. It also delivers turnkey telecom projects, live-line installations, and comprehensive EPC solutions for power and telecom networks.
Recent Quarter Results
Coming into financial highlights, Advait Energy Transitions Limited’s revenue has increased from Rs. 46 crore in Q2 FY25 to Rs. 157 crore in Q2 FY26, which has grown by 241.30 percent. The net profit has also grown by 175 percent from Rs. 4 crore in Q2 FY25 to Rs. 11 crore in Q2 FY26. Advait Energy Transitions Limited’s revenue and net profit have grown at a CAGR of 54.72 percent and 100 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE stand at 26.9 percent and 22.5 percent, respectively. Advait Energy Transitions Limited has an earnings per share (EPS) of Rs. 36.9, and its debt-to-equity ratio is 0.27x.
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