Mid-Cap NSE: ADVAIT Power Transmission • Green Hydrogen • EPC

Advait Energy Transitions Ltd

A power-transmission products company mid-pivot into green hydrogen and energy storage — commissioned India's first operational green-hydrogen-based microgrid for THDC and scaling domestic BESS capacity.

Market Cap
~₹2,280 Cr
Revenue (FY26)
₹715–727 Cr
Net Profit (FY26)
₹55–58 Cr
Q4 Profit Growth
+55.7% YoY
Recent Activity • Key Developments

Recent Activity

Strategic Partnership • Energy Storage 21st Sep 2026

Master Supply Agreement with Hithium for 2.5 GWh BESS Facility

Advait Energy Transitions Limited has announced a Master Supply Agreement with Hithium on 21 September 2026 to secure lithium iron phosphate battery cells for its upcoming 2.5 GWh Battery Energy Storage System assembly facility. The agreement targets a cell offtake of up to 1 GWh over the next year, ensuring a reliable supply chain for domestic energy storage solutions. This strategic partnership is vital for Advait's growth in the energy transition sector, as it builds infrastructure for utility-scale and commercial energy storage applications across India.

Corporate Governance • 16th AGM 19th Sep 2026 | 5:53 PM

16th Annual General Meeting Approval & Dividend Declaration

Advait Energy Transitions Limited held its 16th Annual General Meeting on September 21, 2026, where key updates included the approval of audited financial statements for the year ending March 31, 2026, and a dividend declaration of ₹2.00 per equity share. The meeting addressed multiple significant items such as the re-appointment of directors and approval for loans to several subsidiaries, enhancing investor insights into the company's strategic direction and performance.

01 • Profile

Company Description

Advait Energy Transitions manufactures and supplies products for power transmission, substations and telecom infrastructure — stringing tools, OPGW cables, emergency restoration systems — and undertakes EPC/turnkey projects.

The company has recently expanded into green hydrogen and renewable energy, commissioning what it describes as India's first operational green-hydrogen-based microgrid system for THDC — a Central PSU under the Ministry of Power.

Until recently, the company was known as Advait Infratech Limited. The rebrand to Advait Energy Transitions reflects the strategic pivot toward hydrogen and renewables — but search results and coverage are still catching up to the new identity.

02 • Direct Dialogue

In Their Own Words

Rutvi Sheth-Kundalia — Director, Advait Greenergy

Rutvi Sheth-Kundalia

Director • Advait Greenergy Private Limited

Response received: 20 Aug 2026

We asked Advait Energy management four plain questions. Their answers appear below in full, unedited, as management's own words.

01. What does your company do, in plain terms?

At its simplest, Advait operates in the infrastructure that allows energy to move, and increasingly, in the technologies that will change how energy is generated, stored and used. Our Power Transmission Solutions business works across specialised products and solutions that support the electricity grid, including areas such as HTLS conductors, OPGW, Emergency Restoration Systems and transmission-related manufacturing and execution. This is the established side of the business, built over years of working within India's power infrastructure ecosystem.

Alongside that, Advait has been building its New & Renewable Energy platform across solar, Battery Energy Storage Systems, green hydrogen, electrolysers, fuel cells and renewable-energy assets. For a retail investor trying to understand the company without getting lost in technical terminology, there are really two complementary businesses: one strengthening the electricity grid, and another built around technologies that sit alongside that grid.

02. Why should a retail investor take a second look?

Rather than telling an investor why they should invest, it is more useful to explain what they should examine. Advait sits at the intersection of two large changes: expanding and modernising the transmission network, and the emergence of storage, green hydrogen, and renewable technologies. Our strategy has been to participate in both rather than treating transition as a replacement for conventional infrastructure.

The business has evolved over approximately 15 years from trading to niche manufacturing, import substitution, and new energy tech. Investors should look at whether new manufacturing capacities translate into orders, whether orders translate into execution, and how the mix between PTS and NRE develops.

03. What do people usually get wrong about the business?

One misconception is that the energy transition is principally a renewable-generation story. Electricity still has to be evacuated, transmitted, balanced, and stored. That means grid resilience must develop alongside generation.

The second misconception is around manufacturing itself. Announcing a factory does not immediately create a manufacturing business. What happens after commissioning is what counts: supplier qualification, localisation, engineering, testing, utilisation, and consistency.

04. What are you building toward for your customers — not the stock?

The long-term objective is to become increasingly relevant across a larger part of the energy value chain. A utility may want to carry more renewable power or improve grid reliability, while industrial customers require storage and new-energy solutions.

For us, “Enabling India's Energy Evolution” means building the engineering, manufacturing, and execution capabilities to solve these domestically. Stock performance is determined by the market; what we control is whether customers trust us with crucial infrastructure.

03 • Financial Execution

Performance & Profit Track

Reported figures from public exchange filings. Not projections.

FY 2024
₹28 Cr
FY 2025
₹42 Cr
FY 2026
₹58 Cr
Worth Watching: Promoters raised their stake via an off-market transaction in June 2026 (from ~14.9% to ~60.3% for the entities involved, per SAST disclosures) — reading the official exchange filing is recommended for full context.
04 • Insight

Why almost nobody has looked at this yet

FAQ

Frequently Asked Questions

What is Advait's agreement with Hithium?
Announced on 21 September 2026, the master supply agreement secures lithium iron phosphate battery cells with up to 1 GWh offtake over the next year for its upcoming 2.5 GWh BESS facility.
What did Advait approve in its 16th AGM?
Advait approved audited financial statements for FY26, declared a dividend of ₹2.00 per equity share, re-appointed directors, and cleared loans to subsidiaries.
Where is Advait Energy listed?
Listed on the National Stock Exchange of India (NSE) under ticker ADVAIT.
Is this investment advice?
No. Pasal Wealth publishes independent educational research. We are not SEBI-registered advisors. Consult a financial professional before investing.
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