Adani Energy Solutions Ltd · NSE:ADANIENSOL
Adani Energy Solutions — Q1 FY26 Earnings Presentation
22 slides from Adani Energy Solutions's earnings presentation, July 2025
Slide 1: Provisional Operational Update Q1FY26
Adani Energy Solutions Limited (Formerly known as Adani Transmission Limited) Provisional Operational Update Q1FY26 July 2025
Slide 2: Contents
CONTENTS 04-07 Adani Portfolio 04 09 Q1FY26 - Executive Summary 09 11-14 Q1FY26 - Operating Performance 11 Annexure – Availability - ATSOL 16 16 and USPP Obligor groups Annexure – AESL’s operational and 17-20 under-construction asset portfolio 17
Slide 3: Adani Portfolio
adani Energy Solutions Adani Portfolio
Slide 4: Adani: A World Class Infrastructure & Utility Portfolio
Adani: A World Class Infrastructure & Utility Portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal Direct to Incubator Energy & Utility Transport & Logistics & Mining consumer (100%) (100%) (73.97%) (100%) (50.00%) (100%) (100%) ANIL AdaniConneX3
Slide 5: Adani Portfolio: Decades long track record of industry best growth
Adani Portfolio: Decades long track record of industry best growth with national footprint Secular growth with world leading efficiency National footprint with deep coverage Growth 3x 6 Growth 3x 6 EBITDA 72% 1,2,3 EBITDA 92% 1,3,4 AEL APSEZ Growth 4x 6 Growth 3x 6 AGEL ATGL Adani’s Core Infra. Plat
Slide 6: Adani: Repeatable, robust & proven transformative model of investment
Adani: Repeatable, robust & proven transformative model of investment DEVELOPMENT1 OPERATIONS CONSUMERS 2 New C.E.O. Adani Infra (India) Limited (AIIL) | ITD Cementation Ltd. | PSP Projects Ltd. Operations (AIMSL) Consumer I Employees I Other Stakeholders Origination Site Development Construction Op
Slide 7: AESL: A platform well-positioned to leverage growth opportunities in energy domain
AESL: A platform well-positioned to leverage growth opportunities in energy domain RAB expansion through Execution Prowess Strategic Presence Asset Hardening in Discoms Transmission Network of Transmission - Presence in 14 states 8% CAGR growth in RAB in Mumbai Development 26,696 ckm(1) Distribution
Slide 8: Q1FY26 – Executive Summary
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission Q1FY26 – Executive Summary 14
Slide 9: AESL: Executive Summary – Performance in Q1FY26
AESL: Executive Summary – Performance in Q1FY26 • Fully commissioned three transmission projects – Khavda Phase II Part-A, Khavda Pooling Business Updates: Station – 1 (KPS – 1) and Sangod transmission line and added 79 ckm to the network • During Q1, the company secured one new transmission project
Slide 10: Q1FY26 Operational Performance (YoY)
Q1FY26 Operational Performance (YoY) 10
Slide 11: AESL: Transmission Utility – Key Operating Metrics Q1FY26 (YoY)
AESL: Transmission Utility – Key Operating Metrics Q1FY26 (YoY) Transmission Network Length(2)(3) (ckm) Power Transformation Capacity(2) (MVA) 26,696 93,236 21,187 57,186 New order wins boosted the With the addition of new transmission network, reflecting projects, transformation strong bidding capa
Slide 12: AEML: Distribution Utility – Key Operating Metrics Q1FY26 (YoY)
AEML: Distribution Utility – Key Operating Metrics Q1FY26 (YoY) Supply Reliability (ASAI) (%) SAIDI (mins), SAIFI (nos.) and CAIDI (mins)(1) SAIFI SAIDI CAIDI 99.997% 99.991% 35.03 31.08 Enhanced system reliability Maintained supply with improvement in SAIDI, reliability at 99.99% SAIFI and CAIDI 11
Slide 13: AEML: Distribution Utility – Key Operating Metrics Q1FY26 (YoY)
AEML: Distribution Utility – Key Operating Metrics Q1FY26 (YoY) Consumer Base (million) Distribution Loss (%) E-payment (% of total collection) 3.24 3.20 5.18% 85.68% 83.30% 4.24%* Distribution loss The consumer base in the Increasing e-payment consistently improving Mumbai circle increased share hi
Slide 14: AEML and MUL: Volume and Consumer Mix Q1FY26 (YoY)
AEML and MUL: Volume and Consumer Mix Q1FY26 (YoY) AEML – Total Units Sold (MUs) MUL – Total Units Sold (MUs) 271 2,939 2,962 226 Total units sold (MUs) Total units sold (MUs) Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 AEML - Consumer-wise volume mix % AEML - Consumer-wise revenue mix % 52% 53% 51% 49% 40% 37%
Slide 15: Annexure
adani Energy Solutions Annexure
Slide 16: AESL: Q1FY26 (YoY) – Line availability across asset groups
AESL: Q1FY26 (YoY) – Line availability across asset groups Average Availability Across Operational Assets %(1) Focus on Maximizing Average Availability % Line Availability - ATSOL Obligor Assets Average Availability – ATSOL Obligor Assets 99.80% 99.55% 99.86% 99.83% 99.99% 99.41% 99.76% 97.95% Q1 FY
Slide 17: AESL’s Operational Asset Portfolio as of June 2025 (1/2)
AESL’s Operational Asset Portfolio as of June 2025 (1/2) Adani Energy Solutions Limited 100% 100% 75% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% ATSCL & WTGL, PPP Bikaner ATIL MEGPTCL AEML MUL ATBSPL ATRL RRWTL CWRTL FBTL GTL APTL STL Khetri Discom Discom MTSCL WTPL 8/9/10 Mund
Slide 18: AESL’s Operational Asset Portfolio as of June 2025 (2/2)
AESL’s Operational Asset Portfolio as of June 2025 (2/2) Adani Energy Solutions Limited 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Obra-C Lakadia WRSS – XXI Jam Karur Kharghar Khavda- MP WKTL AESML KTL KPS-1 STSL Badaun (A) Khambaliya Transmission - Vikhroli Bhuj Package II Ban
Slide 19: AESL‘s Transmission Under-construction Asset Portfolio as of June 2025
AESL‘s Transmission Under-construction Asset Portfolio as of June 2025 Adani Energy Solutions Limited 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Khavda – Khavda Navinal – AEMIL Khavda – Bhadla - Line & SS Mahan WRNES NKTL WR-SR III – A Navinal Jamnagar Phase IV Phase 1 HVDC# IV
Slide 20: AESL‘s Smart Metering Under-construction Portfolio as of June 2025
AESL‘s Smart Metering Under-construction Portfolio as of June 2025 Adani Energy Solutions Limited 100% 100% 100% 100% 100% 100% 100% 100% 100% MSEDCL MSEDCL BEST APDCL APEPDCL APCPDCL APSPDCL NBPDCL UPCL NSC-05 NSC-06 BEST Smart NE Smart Adani Adani Adani Adani Adani Adani Energy Adani Metering Ltd.
Slide 21: Legal Disclaimer
Legal Disclaimer The information contained in this presentation is provided by Adani Energy Solutions Limited (together with its subsidiaries, the “Company” or “AESL”) to you solely for your reference and for information purposes only. This presentation is highly confidential and is being given sole
Slide 22: Thank You
MUSHKILON KI 4 NAHI SUNTE, HUM KARKE DIKHATE HAIN. #HumKarkeDikhateHain adani adani ergy Solutions Thank You
Adani Energy Solutions — Q1 FY26 Earnings Presentation on 6ix