Adani Energy Solutions Ltd · NSE:ADANIENSOL
Adani Energy Solutions — Shareholder Meeting (June 2026)
25 slides from Adani Energy Solutions's shareholder meeting presentation, June 2026
Slide 1: Adani Energy Solutions Limited 13th Annual General Meeting
Adani Energy Solutions Limited 13th Annual General Meeting | June 2026 Presented by: Mr. Anil Sardana, MD – AESL
Slide 2: Contents
Contents 1 Adani Portfolio 2 About AESL 3 Transformational Journey and Strategic Objectives 4 Capex Profile 5 Operational and Financial Performance 6 Recent Business updates and Awards 7 ESG Framework STRICTLY CONFIDENTIAL
Slide 3: Adani Portfolio
Adani Portfolio STRICTLY CONFIDENTIAL
Slide 4: Adani Portfolio: A World Class Infrastructure & Utility Portfolio
Adani Portfolio: A World Class Infrastructure & Utility Portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Other Incubator Materials, Metal Energy & Utility Transport & Logistics Specialty & Mining (74.67%) (62.43%) (74.96%) (68.02%) (67.64%)2 AEL AGEL APL APSEZ Ports & Logi
Slide 5: About AESL
About AESL STRICTLY CONFIDENTIAL
Slide 6: AESL: Holding Structure and Portfolio Overview
AESL: Holding Structure and Portfolio Overview Adani Family Public 72.73%(1) 27.27% Energy Solutions Transmission Distribution Smart Metering Cooling Solutions Platform Section 63 Section 62 AEML MUL Parallel License Fixed tariff(2) RAB Assets Mumbai Letter of Award DBFOO Opportunities Mundra (under
Slide 7: Transformational Journey and Strategic Objectives
Transformational Journey and Strategic Objectives STRICTLY CONFIDENTIAL
Slide 8: AESL: Transformational Journey with Robust Growth
AESL: Transformational Journey with Robust Growth Key Business Levers and Long-Term Growth Outlook Delivered 16% EBITDA CAGR from FY16-26 with credit discipline – Transmission Business: Maintain robust profitability (92% EBITDA margin) and market share upwards of 20- EBITDA (Rs. Crs) 25% in TBCB bid
Slide 9: Structural Growth of India's T&D sector is backed by Demand Surge and Renewable Integration
Structural Growth of India’s T&D sector is backed by Demand Surge and Renewable Integration >70% of new capacity additions till FY32 will be from Electricity demand to grow at ~7% CAGR over medium to long term renewable energy sources Actual Demand (BUs) Thermal Other RE Demand projection as per CEA
Slide 10: AESL: Tangible Growth Levers
AESL: Tangible Growth Levers Locked-in Growth in Transmission, Distribution and Smart Metering Transmission Distribution Smart Metering(1) Cooling Solutions Energy Solutions Platform 2 distribution circles 47.2 million-meter 13 under orders over 10 DBFOO – Mumbai and • 1+ GW Portfolio across India c
Slide 11: Addressable Market: Huge Untapped Growth Across All Line of Businesses
Addressable Market: Huge Untapped Growth Across All Line of Businesses Market Positioning and Sectoral Developments are Favorable for AESL Cooling Solutions and Energy Transmission Distribution Smart Metering Solutions Platform • Untapped market of 103 million smart Cooling Solutions • DISCOM privat
Slide 12: Capex Profile
Capex Profile STRICTLY CONFIDENTIAL
Slide 13: Capex Profile: Significant Ramp-up in Capital Expenditure and Smart Meter Installation
Capex Profile: Significant Ramp-up in the Capital Expenditure and Smart Meter Installation Turbocharged (In Rs Cr) Capex: Q4 and FY26 vs Q4 and FY25 • Capex in FY26 increased by 1.24x to Rs 14,232 Cr with steady capex 14,232 performance across all three segments 11,444 Overall Capex 3,556 2,015 1,88
Slide 14: Operational and Financial Performance
Operational and Financial Performance STRICTLY CONFIDENTIAL
Slide 15: AESL: Key Operational Highlights
AESL: Key Operational Highlights Average System Availability(1) (%) AEML : Distribution Loss (%) 99.68% 99.70% 4.77% 4.21% Distribution loss consistently Maintained robust system improving and remains well below availability of 99.7% the regulatory norms FY25 FY26 FY25 FY26 Higher the better Lower t
Slide 16: AESL: Consolidated Financial Highlights – FY26 YoY
AESL: Consolidated Financial Highlights – FY26 YoY (In Rs Cr) Total Income Operational Revenue Operational EBITDA 28,325 7,407 18,296 6,571 24,447 17,057 FY25 FY26 FY25 FY26 FY25 FY26 Adjusted PAT Total EBITDA PAT 8,726 2,393 7,746 2,393 1,810#^ 922* FY25 FY26 FY25 FY26 FY25 FY26 Note: Total Income
Slide 17: Recent Business Updates and Awards
AESL: Recent Business Updates and Awards STRICTLY CONFIDENTIAL
Slide 18: Recent Business Updates and Awards
AESL: Recent Business Updates and Awards At the CII National 5S Excellence Awards, Adani Energy Solutions Adani Electricity Mumbai (AEML) retained its top rank among achieved top honours where Rajnandgaon SS won the First Prize in AESL won the Par Excellence Award at INSSAN’s National India’s distri
Slide 19: Recent Business Updates and Awards
AESL: Recent Business Updates and Awards AESL became India’s first Advanced Metering Infrastructure Adani Energy Solutions achieved Single Use Plastic Free Service Provider to install 1 crore smart meters, showcasing Japan Credit Rating Agency (JCR) has initiated a BBB+ certification across 64 sites
Slide 20: AESL - ESG Framework
AESL - ESG Framework STRICTLY CONFIDENTIAL
Slide 21: AESL: ESG Framework
AESL: ESG Framework United Nations GHG Protocol SBTi Global Compact IFRS S1 Integrated Reporting Guiding Principles and CDP Policies Guiding principles & S2 framework Disclosure Standards UN Sustainable TNFD/ IBBI GRI Standards Development Goals Policy Structure Focus Areas • Environment & Energy as
Slide 22: AESL: ESG Ratings, Awards and Recognition
AESL: ESG Ratings, Awards and Recognition Strong ESG Ratings ESG Ratings AESL’s Rating DJSI-S&P Global Corporate S&P CSA score as of December 2025: 81*/100 vs 73/100 (Nov 2024), and significantly better than average Global Electric Utility score of 41/100 Sustainability Assessment and among Top 10 %
Slide 23: AESL: Board of Directors and Management Overview
AESL: Board of Directors and Management Overview 100% Chaired Chaired IDs by IDs by NID Board of Directors Statutory Committees Independent Directors 40% - Audit 🗹 Comprised of only Independent Directors - Nomination & Remuneration 🗹 - Stakeholder Relationship 🗹 100% of Statutory Committees -…
Slide 24: Disclaimer
Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Adani Energy Solutions Limited (“AESL”),the future outlook and growth prospects, and
Slide 25: Thank You
adar Thank You
Adani Energy Solutions — Shareholder Meeting (June 2026) on 6ix