Synopsis: Advait Energy Transitions Limited secured a 150MW/300MWh BESS LOI from Gujarat Urja Vikas Nigam Limited and ₹245.33 crore MVCC orders, boosting growth, order book, and energy sector presence.

This Multibagger Transmission stock, engaged in power transmission solutions, renewable energy projects like green hydrogen and solar, OPGW manufacturing, live-line installations, and EPC services worldwide, jumped 9.72 percent after received order from Gujarat Urja Vikas Nigam Limited for BESS projects and also securing five orders from Paschim Gujarat Vij Company Limited.

With a market capitalization of Rs. 1,990.38 crores, the share of Advait Energy Transitions Limited has reached an intraday high of Rs. 1,850.00 per equity share, rising nearly 9.72 percent from its previous day’s close price of Rs. 1,686.05. 

Since then, the stock has retreated and is currently trading at Rs. 1,819.90 per equity share. Over the past five years, the stock has provided positive returns of more than 6,993.81 percent.

Reason Behind the Surge

Advait Energy Transitions Limited has received a Letter of Intent from Gujarat Urja Vikas Nigam Limited to set up a 150MW/300MWh standalone Battery Energy Storage System (BESS) project in Gujarat. The project was awarded under a tariff-based competitive bidding process with viability gap funding support. It will be executed within 18 months, helping the company expand its presence in the energy storage segment.

Additionally, Advait Energy Transitions Limited has secured five orders worth a total of Rs. 245.33 crore from Paschim Gujarat Vij Company Limited. The projects are distributed across Gujarat, including Morbi (Rs. 55.14 crore), Bhavnagar (Rs. 53.84 crore), Rajkot Rural (Rs. 54.08 crore), Amreli (Rs. 44.48 crore), and Surendranagar (Rs. 37.79 crore), under the RDSS scheme.

Under these contracts, the company will handle the supply, installation, testing, and commissioning of 11 kV Medium Voltage Covered Conductor (MVCC) systems along with related equipment. The main goal of these projects is to make electricity distribution more reliable and reduce power issues in these regions.

All five projects are expected to be completed within nine months. These orders are important for the company as they increase its future revenue visibility and strengthen its order book. They also help the company expand its presence in the power distribution sector, improve its execution capabilities, and create better long-term business opportunities.

About the Company

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 is expanding into electrolysers, battery storage, and fuel cells, while also building a carbon credits and renewable energy portfolio exceeding 1,200 MW capacity. Ace investor Ashish Kacholia holds a 2.03 percent stake in Advait Energy Transitions Limited, valued at Rs. 38 crores, consisting of 2,25,000 shares.

Order Book Analysis

Advait Energy Transitions Limited has reported strong growth in its order book, which reached around Rs. 1,048 crore as of December 31, 2025. This marks a sharp rise from Rs. 451.8 crore in Q3 FY25 to Rs. 1,048 crore in Q3 FY26, reflecting a 132 percent year-on-year growth and indicating robust demand for its services.

A large portion of the order book comes from the Power Transmission Solutions segment, contributing about 84 percent, while the New & Renewable Energy segment accounts for 16 percent. Over time, the order book has grown steadily from Rs. 70.9 crore in FY22 to Rs. 503.8 crore in FY25, delivering a strong CAGR of around 31 percent and reinforcing the company’s market position.

Recent Quarter Results

Coming to financial highlights, Advait Energy Transitions Limited’s revenue has increased from Rs. 98 crore in Q3 FY25 to Rs. 211 crore in Q3 FY26, which has grown by 115.31 percent. The net profit has also grown by 70 percent from Rs. 10 crore in Q3 FY25 to Rs. 17 crore in Q3 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. 42.2, and its debt-to-equity ratio is 0.27x.

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