What we do Advait Energy Transitions Limited provides products and turnkey solutions for power transmission, substations, and telecommunication infrastructure, focusing on renewable energy and green hydrogen technologies. |
Founded in 2,010 |
Market share Emerging leader in India's power transmission and renewable energy sectors with a robust order book exceeding ₹1,000 crore. |
Problem solved Addresses efficient power transmission, grid reliability, renewable energy integration, and sustainable energy storage challenges. |
Top clients or who we serve Serves central/state utilities, DISCOMs, EPC contractors, renewable energy developers, and government projects; predominantly B2B. |
Key management Shalin Sheth (Managing Director, re-appointed 2024); Rejal Shalin Sheth (Whole-time Director & CFO). |
Our journey and innovations Founded in 2010, pivoted to public in 2021, expanded manufacturing for ACS wires, OPGW cables, ERS, and pioneered India's first green hydrogen microgrid. |
Where we operate Primarily India; exports and projects also contribute small revenue portion outside India. |
Top products or what we offer Key products include ACS wires, OPGW cables, stringing tools, ERS, solar EPC, battery storage systems, electrolyzers, and fuel cells. |
Top brands Offering India’s first indigenous Emergency Restoration System, high-capacity ACS conductors, and a growing portfolio in green hydrogen solutions. |
Raw materials needed Aluminum, steel, optical fiber materials for cables and wires; components for electrolysers and fuel cells. |
Raw materials supplier Supplied by industry vendors specializing in metals and fiber optics; specifics not disclosed. |
Recurring vs cyclical contribution Revenue driven by project EPC contracts and manufacturing sales; mix of recurring and project-based cycles. |
Our industry position Strong growth with 44% standalone revenue increase FY24-25; recognized for innovation and EPC execution in power transmission and green energy. |
Financial highlights Consolidated FY25 revenue ₹399 crore; standalone PAT ₹31 crore; 44% revenue growth and 47% PAT growth year-on-year. |
Geographical revenue split Approximately 98% revenue within India, 2% from international operations. |
Order book Robust order book of over ₹1,000 crore as of December 2025, demonstrating strong market demand and execution capability. |
Whats driving growth Expansion in power transmission infrastructure, green hydrogen projects, solar EPC, battery storage, and carbon credit markets. |
Our future plans Scaling manufacturing capacity with new facility in Gujarat, expanding electrolyser and fuel cell production, and enhancing BESS project deployment. |
Our green promise Spearheading green hydrogen microgrids, carbon neutrality consulting, and sustainable energy transition solutions. |
Our people and values Governed by a diverse board with thorough director evaluation; committed to ethical conduct and employee development. |
Key challenges ahead Managing rapid growth, supply chain robustness, evolving regulations, and scaling newer green technologies effectively. |
Interesting facts Commissioned India's first operational green hydrogen microgrid and developed cost-effective indigenous ERS systems with over 90% local sourcing. |
Risks and strategy Mitigates market volatility through diversification; focused on expanding manufacturing and EPC excellence to sustain leadership. |