Adani Energy Solutions board gives nod to raise funds of up to ₹10,000 crore; stock zooms 74% YoY

Adani Energy Solutions shares will be on investors' radar as the company, on Wednesday, July 1, said its board of directors has approved fundraising plans.

In a regulatory filing, the company said that the board has approved a proposal to raise funds through the issuance of equity shares with a face value of ₹10 each and/or other eligible securities. The fundraising will be for an aggregate amount of up to ₹10,000 crore, or an equivalent amount, through a Qualified Institutional Placement (QIP) or other permissible modes.

The funds are likely to be raised in one or more tranches, subject to necessary approvals, including those from the company’s shareholders and relevant regulatory or statutory authorities, Adani Energy said.

The company will hold an Extraordinary General Meeting (EGM) on Saturday, July 25, 2026, to seek shareholders’ approval for the proposed issuance.

Adani Energy Solutions Q4 earnings

The power and distribution firm had reported a 1.3% year-on-year (YoY) rise in its consolidated profit after tax (PAT) to ₹722.65 crore during the quarter under review, compared to ₹713.66 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).

However, profit attributable to owners of the company surged 5.66% YoY to ₹683.78 crore in comparison with ₹647.15 crore in Q4 FY25.

It recorded a 16.7% YoY jump in its revenue from operations to ₹7,443.27 crore in the January to March quarter of FY26, as against ₹6,374.58 crore in the same period a year ago.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹2,372 crore for the reporting quarter, marking a 4.9% YoY increase from ₹2,262 crore in Q4 FY25.

In FY26, its EBITDA soared 13% YoY to an all-time high of ₹8,726 crore, from ₹7,746 crore in FY25, driven by robust growth in transmission and smart metres. It was also bolstered by stable growth in distribution, EPC, and other segments. Furthermore, its capex increased by 1.24x to ₹14,232 crore in FY26, in comparison with ₹11,444 crore in FY25.

Adani Energy Solutions share price trends

On Wednesday, Adani Energy Solutions shares ended at ₹1,521.40 apiece on the National Stock Exchange, rising 2.01%.

For a month’s time, shares of the company have advanced 1.3%, while they have rallied 45% in the past six months. On a year-on-year basis, Adani Energy Solutions shares have soared 74%.

Shares of the company had touched their one-year high of ₹1,614.80 apiece on June 8, 2026, while their 52-week low of ₹744.90 was hit on September 5, 2026.

Adani Energy Solutions has a total market capitalisation of ₹1.82 lakh crore as of July 1, 2026, according to data on the NSE.