Notes:
Gearing Ratio: Total Debt/Total Equity ROCE: Total EBIT/Capital Employed
Adjusted PAT excludes one time and exceptional items.
Cash profit calculated as PAT + Depreciation + Deferred Tax + MTM option loss.
For the Net Debt to EBITDA calculation, net debt here refers to total long-term debt at the hedge rate excluding shareholders affiliated debt and adjusted for cash & cash equivalent bank balance, current & non-current investments, balances held as margin money or security against borrowings divided by reported EBITDA.
Adjusted for an exceptional item due to carve-out of the Dahanu power plant of ₹1,506 crore
Adjusted for regulatory income of ₹148 crore in T&D segments and net one-time deferred tax reversal of ₹469 crore in AEML distribution business
Segment-wise financial highlights
Notes:
Adjusted for an exceptional item due to carve-out of the Dahanu power plant of ₹1,506 crore.
Quote from CFO
Adani Energy Solutions delivered strong performance in FY 2024-25 backed by its unique ability to execute well, secure high value projects and demonstrate financial discipline. Our robust asset portfolio offers stable and predictable cash flows, and an efficient capital management plan enables steady growth. For FY 2024-25, our operational revenues increased 20.0% to ₹17,057 crore and EBITDA increased 22.5% to ₹7,746 crore. The Company reported adjusted PAT of ₹1,810 crore. With a cash position of ₹8,431 crore, the liquidity position remains strong and net debt to EBITDA of 3.2x was in line with the guidance. During the next fiscal year, the Company will focus on delivering the committed growth backed by timely project commissioning and achieving the capital expenditure target set for FY 2025-26. The integrated operating model and ability to draw synergies complement our growth strategy and enhance the returns. These strengths uniquely position us to harness the sector’s vast opportunities and drive the next phase of sustainable growth.
- KUNJAL MEHTA Chief Financial Officer
