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

Advait Energy Transitions Ltd

A power-transmission products company mid-pivot into green hydrogen — commissioned India's first operational green-hydrogen-based microgrid for THDC, and rebranded in 2024.

Market Cap
~₹2,280 Cr
Revenue (FY)
₹715–727 Cr
Net Profit (FY)
₹55–58 Cr
Q4 Profit Growth
+55.7% YoY
View LinkedIn Research Coverage ↗
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

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 2023
₹28 Cr
FY 2024
₹42 Cr
FY 2025
₹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 does Advait Energy Transitions do?
Advait manufactures transmission products, executes power EPC contracts, and builds green hydrogen and storage infrastructure.
Where is Advait Energy listed?
Listed on the National Stock Exchange of India (NSE) under the ticker ADVAIT.
What is Advait's Market Cap?
Approximately ₹2,280 Cr based on recent public exchange figures.
Is this investment advice?
No. Pasal Wealth publishes independent educational research. We are not SEBI-registered advisors. Consult a professional before investing.
Link copied to clipboard