Intrynsic
Sign In
Stock AnalysisOne PageSector HubValuationScreener
Sign InCreate Account
  1. Home
  2. /
  3. Stocks
  4. /
  5. Adani Energy Solutions Limited
Fair ValueOverviewFinancialsNewsValuationPeersWatchlistFAQ

Power · NSE: ADANIENSOL

Adani Energy Solutions Limited - Fair Value & Intrinsic Value Estimate

Intrynsic's multi-model valuation estimates Adani Energy Solutions Limited's fair value at ₹536 per share (range ₹434–₹536) against a market price of ₹1,306 - a gap of -59.0% (updated 29 September 2026). This is an estimated fair value based on stated assumptions, not investment advice.

Low ₹434Above fair-value est.High ₹536

Market price

₹1,306

close of 29 Sept 2026

Est. fair value

₹536

₹434–₹536

Gap

-59.0%

price vs estimate

Trading ~59% above our estimated fair-value range. Assumptions and per-model workings are below.

What Adani Energy Solutions Limited does

Adani Energy Solutions builds and operates power transmission lines and runs Mumbai's electricity distribution business, alongside smart-meter projects. Its earnings are largely regulated and grow with new projects.

Power · Power Generation

Health signals

GrowthRevenue +27.6%/yr (3y)Good

Over the last 3 years, revenue grew 27.6%/yr and profit grew 23.2%/yr.

ProfitabilityROE 9.4%Okay

Every ₹100 of shareholder money earned ₹9.4 in profit last year, vs a sector median of 9.8%.

DebtD/E 1.93Weak

Debt is 1.93x shareholder equity and 4.9x yearly operating earnings — a heavy load.

Valuation-59% vs estimateWeak

The market price is above our estimated fair-value range (based on stated assumptions).

Quality₹0 cash per ₹100 profitOkay

About ₹0 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 5 of 5 years.

The valuation, explained- models, weights & assumptions ▾

Intrynsic values Adani Energy Solutions Limited with 2 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.

ModelEstimated valuevs priceWeight
EV/EBITDAIndustry Comparison Method₹536-59%-
EV/EBITAfter-Depreciation Comparison Method₹434-67%-

Key assumptions

Risk-free rate
7.0%
Equity risk premium
6.5%
Beta
1.254
Cost of equity
15.2%
Terminal growth
5.0%
Tax rate
25%

Reverse DCF: today's market price implies the company must grow free cash flow about 60.0% a year for the next decade - versus 25.1% historical revenue growth.

Key financialsFY17–FY26

Full statements & analysis →
Revenue₹27,588 Cr
Net profit₹2,393 Cr
EPS₹19
Free cash flow₹-3,435 Cr
ROE (latest)9.4%
Revenue growth (CAGR)28.6%
Profit growth (CAGR)21.5%

Peers

Sector overview →
Websol Energy System Limited₹2,977 CrP/E 9.8ROE 48.1%
Waaree Renewable Technologies Limited₹8,442 CrP/E 17.6ROE 51.3%
Indian Energy Exchange Limited₹9,446 CrP/E 19.2ROE 36.1%
Suzlon Energy Limited₹53,016 CrP/E 16.7ROE 33.4%Fair-value estimate →
Emmvee Photovoltaic Power Limited₹21,176 CrP/E 19.6ROE 29.3%
Antelopus Selan Energy Limited₹3,892 CrP/E 43.4ROE 13.7%
Ask AI about Adani Energy Solutions LimitedChat with Intrynsic's research agent about results, risks and filings.Sign up free →Track it in your watchlistFair-value alerts, result-day briefs and portfolio analytics.Sign up free →See the full model workingsEvery assumption, per-model trace, reverse DCF and peer lens.Sign up free →

Frequently asked questions

What is Adani Energy Solutions Limited's intrinsic value?

Intrynsic's multi-model valuation estimates Adani Energy Solutions Limited's fair value at ₹536 per share (range ₹434–₹536), last updated 29 September 2026. This is an estimate based on stated assumptions, not investment advice.

Is Adani Energy Solutions Limited overvalued or undervalued?

Adani Energy Solutions Limited trades at ₹1,306 against Intrynsic's estimated fair value of ₹536 - the market price is 59% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.

What is Adani Energy Solutions Limited's P/E ratio?

Adani Energy Solutions Limited trades at about 68.7 times its latest annual earnings per share.

What does Adani Energy Solutions Limited do?

Adani Energy Solutions builds and operates power transmission lines and runs Mumbai's electricity distribution business, alongside smart-meter projects. Its earnings are largely regulated and grow with new projects.

How is Adani Energy Solutions Limited's fair value calculated?

Intrynsic runs 2 valuation models for Adani Energy Solutions Limited (EV/EBITDA, EV/EBIT) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.

Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy

Intrynsic

Indian Equity Research Assistant. Built for serious investors.

Research

  • Stock Analysis
  • One Page
  • Sector Hub
  • Valuation
  • Screener
  • IV Calculator
  • Report Analysis
  • Spotlight
  • Market Signals
  • Macro Analysis
  • News
  • Announcements
  • AI Research
  • Watchlist
  • Portfolio

Product

  • Features
  • How it Works
  • About
  • Plans
  • FAQ
  • Compare
  • Blog
  • Knowledge Base

Legal

  • Privacy Policy
  • Terms of Service

Support

  • Contact Us
  • How it Works

Stay Updated

Get the latest news and updates delivered to your inbox.

Enter your emailEnter your email

© 2026–27 Intrynsic. All rights reserved.
Intrynsic is a product of FINTERVUE.IO Private Limited.
For informational purposes only. Not investment advice.

Built with ♥ for India