Synopsis: The transmission company is in focus after a positive project-related development that strengthens order book visibility and improves near-term business outlook, with investors now awaiting the next formal confirmation from the client.
The shares of this small cap company is majorly engaged in manufacturing and supply of Stringing Tools, ACS Wires, OPGW Cables, ERS, Optical Fibre Cables, and a comprehensive range of insulators, recovered upto 8 percent from days’s low after emerging as a L1 bidder for a turnkey project
With the market capitalization of Rs. 2,076 Crores, the shares of Advait Energy Transitions Limited recovered upto 11 percent from days low of Rs. 1789 per share to Rs. 1987 per share and is trading at a P/E of 45.2 whereas industry P/E stands at 19.2
What is the NEWS:
Advait Energy Transitions Limited as the company has been confirmed as the L1 successful bidder for a turnkey contract awarded by DGVCL under the Vanbandhu Kalyan Yojana-2 scheme. Advait has quoted the most competitive bid and is currently the frontrunner for the project, which involves the supply, installation, testing and commissioning of 11KV medium-voltage covered conductors along with related accessories and infrastructure support.
While this is not yet the final order, it significantly raises the probability of conversion into a confirmed contract once the Letter of Intent or formal work award is issued. This strengthens the company’s order pipeline and reflects continued traction in power distribution and utility infrastructure projects, especially those linked to government-backed electrification and rural network improvement schemes. The final award announcement, where the order size and financial impact are likely to be disclosed shortly by the company.
About the company and Financials:
Advait Energy Transitions Limited was founded in 2010 and operates in power transmission and energy transition solutions, offering products and EPC services. It manufactures ACS and OPGW wires, restoration systems, and stringing tools. The company has an order book of 1048 Crores as of Q3 FY26.
Power Discom projects segment contributes around 53 percent of the total revenue, whereas ACS – OPGW, Stringing tools, OPGW live projects and Reconductoring HTLS Projects contribute 27 percent, 15 percent, 17 percent and 5 percent respectively.
Year on Year analysis: Revenue from operations has increased from Rs. 98 Crores to Rs. 211 Crores, up 115 percent. Operating profit has increased from Rs. 15 Crores to Rs. 24 Crores, up 60 percent and net profit has increased from Rs. 10 Crores to Rs. 17 Crores, up 70 percent
Quarter on Quarter analysis: Revenue from operations has increased from Rs. 157 Crores to Rs. 211 Crores, up 34 percent. Operating profit has increased from Rs. 17 Crores to Rs. 24 Crores, up 41 percent and net profit has increased from Rs. 10 Crores to Rs. 17 Crores, up 70 percent
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