Adani Energy Solutions Ltd · NSE:ADANIENSOL
Adani Energy Solutions — Q1 FY27 Earnings Presentation
21 slides from Adani Energy Solutions's earnings presentation, July 2026
Slide 1: Adani Energy Solutions Limited Q1FY27 Provisional Operational Update
Adani Energy Solutions Limited Q1FY27 Provisional Operational Update | July 2026
Slide 2: Contents
Contents 1 Adani Portfolio 2 Q1FY27 Executive Summary 3 Q1FY27 Operational Highlights 4 Annexure: • Line Availability – ATSOL and USPP Obligor groups • Operational and Under-construction Asset Portfolio STRICTLY CONFIDENTIAL
Slide 3: Adani Portfolio
1 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: Adani Portfolio: Best-in class growth with national footprint
Adani Portfolio: Best-in class growth with national footprint All figures in INR cr Predictable, high and rising free cash flow National footprint with deep coverage Tax paid EBITDA Finance cost paid 92,943 CAT (FFO) 65,016 (70%) EBITDA 24,870 12,784 AEL (51%) 22,819 APSEZ (25%) Adani’s Core Infra.
Slide 6: Adani Portfolio: Repeatable, robust & proven transformative model of investment
Adani Portfolio: Repeatable, robust & proven transformative model of investment DEVELOPMENT1 OPERATIONS CONSUMERS 2 New C.E.O. Adani Infra (India) Limited | Cemindia Projects Ltd. | PSP Projects Ltd. Operations (AIMSL) Consumer I Employees I Other Stakeholders Origination Site Development Constructi
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 27,949 ckm(1) Distribution
Slide 8: Q1FY27 – Executive Summary
2 Q1FY27 – Executive Summary STRICTLY CONFIDENTIAL
Slide 9: AESL: Executive Summary – Performance in Q1FY27
AESL: Executive Summary – Performance in Q1FY27 Business Updates: Transmission • System availability remains robust at 99.63% Business • The near-term transmission tendering opportunity at ~Rs 1.1 lakh crore remains solid – AESL executed a binding agreement(2) to acquire a 100% AEML - Mumbai: equity
Slide 10: Q1FY27 Operational Performance (YoY)
3 Q1FY27 Operational Performance (YoY) STRICTLY CONFIDENTIAL
Slide 11: AESL: Transmission Utility – Key Operating Metrics Q1FY27 (YoY)
AESL: Transmission Utility – Key Operating Metrics Q1FY27 (YoY) Transmission Network Length(2)(3) (ckm) Power Transformation Capacity(2) (MVA) 27,949 1,23,175(4) 26,696 93,236 New order win boosted the Transformation capacity transmission network, reflecting expanded with new project strong bidding
Slide 12: AEML: Distribution Utility – Key Operating Metrics Q1FY27 (YoY)
AEML: Distribution Utility – Key Operating Metrics Q1FY27 (YoY) Supply Reliability (ASAI) (%) SAIDI (mins), SAIFI (nos.) and CAIDI (mins)(1) SAIFI SAIDI CAIDI SAIFI SAIDI CAIDI 99.997% 99.994% 33.57 31.08 Reliability metrics were Maintained supply impacted by extreme reliability at 99.99% heatwave c
Slide 13: AEML: Distribution Utility – Key Operating Metrics Q1FY27 (YoY)
AEML: Distribution Utility – Key Operating Metrics Q1FY27 (YoY) Consumer Base (million) Distribution Loss (%) E-payment (% of total collection) 5.16%1 87.73% 3.29 85.68% 3.24 4.24% E-payment share The consumer base in Increased due to higher increased due to digital the Mumbai circle energy consumpt
Slide 14: AEML and MUL: Volume and Consumer Mix Q1FY27 (YoY)
AEML and MUL: Volume and Consumer Mix Q1FY27 (YoY) AEML – Total Units Sold (MUs) MUL – Total Units Sold (MUs) 3,260 425 2,939 271 Total units sold (MUs) Total units sold (MUs) Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 AEML - Consumer-wise volume mix % AEML - Consumer-wise revenue mix % 52% 53% 53% 52% 37% 36%
Slide 15: Annexure
5 Annexure STRICTLY CONFIDENTIAL
Slide 16: AESL: Q1FY27 (YoY) – Line availability across asset groups
AESL: Q1FY27 (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% 99.93% 99.86% 99.92% 99.83% 99.80% 99.41% 99.95% Q1 FY
Slide 17: AESL: Operational Asset Portfolio as of June 2026
AESL: Operational Asset Portfolio as of June 2026 Transmission Line Transformation Contract Sr No. Projects Name Transmission Line (Asset Details) Length (ckm) Capacity (MVA) Type 1 Adani Transmission India Limited (ATIL) Mundra – Dehgam, Mundra – Mohindergarh and Tiroda – Warora 3,834 6,630 ROA 2 M
Slide 18: AESL: Transmission Under-construction Asset Portfolio as of June 2026
AESL: Transmission Under-construction Asset Portfolio as of June 2026 Transmission Line Transformation Contract Levelized Tariff / Sr No. Projects Name Transmission Line (Asset Details) Length (ckm) Capacity (MVA) Type Billing (Rs Crores) 1 WRSR Transmission Limited (WRSR) WRSR (Narendra – Pune Line
Slide 19: AESL: Smart Metering Under-construction Portfolio as of June 2026
AESL: Smart Metering Under-construction Portfolio as of June 2026 Smart Meters Revenue Potential Contract Period Contract Month of Sr No. Projects Name Coverage Area Qty (Mn) (Rs Cr) (months) Type Award Sept & Oct’22 1 Brihanmumbai Electric Supply & Transport Undertaking (BEST) Mumbai (BEST Circle)
Slide 20: Thank You
Thank You STRICTLY CONFIDENTIAL
Slide 21: 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
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