ADVAIT NSE filing

Advait Energy Transitions Q3FY26 Results: Revenue surges 114% YoY to ₹211 Cr

The RealCase readHigh impact Positive

Advait Energy Transitions reported a strong Q3FY26 with consolidated revenue up 114% YoY to ₹211 crore and PAT up 78% YoY to ₹17.39 crore. The order book stands at ₹1,048 crore. Key developments include a ₹216 crore EPC order and participation in the Vibrant Gujarat Summit with ₹1,400 crore in MoUs. The company is expanding its NRE segment with new manufacturing facilities.

Why it matters

The substantial increase in revenue and profit, coupled with a robust order book and strategic MoUs, indicates a significant positive impact on the company's financial performance and future growth prospects.

The market read

The company reported significant year-on-year growth in revenue, EBITDA, and PAT for both the quarter and nine-month periods. Several new orders, MoUs, and successful project executions were highlighted, indicating strong business momentum and expansion plans.

Advait Energy Transitions Limited (formerly Advait Infratech Limited) has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a significant consolidated revenue of ₹211.03 crore for Q3FY26, marking a substantial 114% year-on-year increase from ₹98.41 crore in Q3FY25. Consolidated EBITDA for the quarter stood at ₹24.16 crore, up 58% YoY, with EBITDA margins at 11% compared to 15% in the previous year. Profit after tax (PAT) surged by 78% YoY to ₹17.39 crore in Q3FY26.

For the nine months ended December 31, 2025 (9MFY26), consolidated revenue grew by 138% YoY to ₹486.33 crore, while EBITDA increased by 74% YoY to ₹55.22 crore. PAT for 9MFY26 was ₹36.50 crore, a 90% increase year-on-year. The company's order book as of December 31, 2025, stood at ₹1,048 crore, with the PTS division contributing 84% and the NRE division 16%.

Key developments during Q3FY26 include securing a major EPC order of approximately ₹216 crore from PGVCL for conductor replacement, entering an MoU with Yangzhou Guodian for a manufacturing and supply center for tower cranes, and achieving the highest quarterly supply of transmission tools with over 1,500 conductor stringing rollers. The company also successfully executed EPC projects for DGVCL and UGVCL, and a challenging live-line EPC project for GETCO.

In the New and Renewable Energy (NRE) segment, Advait is establishing a greenfield manufacturing facility for electrolysers and BESS, and an assembly line for fuel cell technology. The company has a diversified carbon credits portfolio with an estimated revenue potential of ₹35 crore. Advait participated in the Vibrant Gujarat Summit 2025, signing MoUs aggregating ₹1,400 crore.

The company's subsidiary, AGPL, reported a consolidated revenue of ₹86.49 crore in Q3FY26, a 41% increase QoQ, with PAT at ₹2.75 crore, up 74% QoQ. AGPL has signed MoUs with Power to Hydrogen, VJ Industries, and CENMAT to collaborate on green hydrogen projects and storage systems.

Advait's upcoming multi-integrated manufacturing facility in Sanand, Gujarat, is under construction and set to commence operations in Q3FY27. The Managing Director expressed confidence in gaining market share and delivering stakeholder value, driven by the Union Budget 2026-27's focus on energy security and renewable energy capacity.

Filing to action

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Advait Energy Transitions Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Advait Energy Transitions Limited. Read the original for the full detail.

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