Adani Energy Solutions Limited (NSE:ADANIENSOL)

Adani Energy Solutions Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	237,671	166,074	132,927	112,575	99,263
Other Revenue	4.1	10.3	-	-	-
Revenue	237,675	166,084	132,927	112,575	99,263
Revenue Growth (YoY)	43.10%	24.94%	18.08%	13.41%	-13.05%
Fuel & Purchased Power	6,235	11,191	13,842	10,660	9,726
Operations & Maintenance	5,589	6,758	5,319	4,957	4,594
Selling, General & Admin	323.8	225.2	249.7	171.5	152.6
Depreciation & Amortization	19,060	17,761	16,077	14,272	13,289
Provision for Bad Debts	166.4	170.9	152.1	183.1	271.4
Other Operating Expenses	140,813	85,713	66,065	54,354	44,875
Total Operating Expenses	172,187	121,819	101,705	84,597	72,907
Operating Income	65,488	44,265	31,223	27,978	26,356
Interest Expense	-31,352	-27,009	-27,398	-23,439	-18,930
Interest Income	4,884	3,866	4,948	5,090	4,670
Net Interest Expense	-26,468	-23,143	-22,450	-18,349	-14,260
Currency Exchange Gain (Loss)	-11.3	-4	-4.6	-10	-2,086
Other Non-Operating Income (Expenses)	-14,617	-5,240	10,226	7,277	5,708
EBT Excluding Unusual Items	24,392	15,879	18,995	16,896	15,718
Restructuring Charges	-	-	-2,117	-	-
Gain (Loss) on Sale of Investments	1,259	431	212.4	101.2	460
Gain (Loss) on Sale of Assets	38	37.3	-2	-0.5	-
Other Unusual Items	-14,941	1,449	29.5	8	21.1
Pretax Income	10,749	17,796	17,117	17,005	16,199
Income Tax Expense	1,532	5,840	4,311	4,647	3,303
Earnings From Continuing Ops.	9,217	11,956	12,806	12,358	12,896
Minority Interest in Earnings	1,383	-583.3	-242.7	-311.4	-655.3
Net Income	10,600	11,373	12,563	12,046	12,240
Preferred Dividends & Other Adjustments	-	-	198.3	2,263	2,317
Net Income to Common	10,600	11,373	12,365	9,783	9,924
Net Income Growth	-6.80%	-9.48%	4.29%	-1.59%	65.00%
Shares Outstanding (Basic)	1,171	1,115	1,114	1,100	1,100
Shares Outstanding (Diluted)	1,171	1,115	1,114	1,100	1,100
Shares Change (YoY)	5.01%	0.16%	1.27%	-	-
EPS (Basic)	9.05	10.20	11.10	8.90	9.02
EPS (Diluted)	9.05	10.20	11.10	8.90	9.02
EPS Growth	-11.25%	-8.17%	24.81%	-1.42%	176.79%
Free Cash Flow	-6,829	6,081	-9,252	-942.5	-1,680
Free Cash Flow Per Share	-5.83	5.45	-8.31	-0.86	-1.53
Profit Margin	4.46%	6.85%	9.30%	8.69%	10.00%
Free Cash Flow Margin	-2.87%	3.66%	-6.96%	-0.84%	-1.69%
EBITDA	83,853	61,330	46,709	41,751	39,261
EBITDA Margin	35.28%	36.93%	35.14%	37.09%	39.55%
D&A For EBITDA	18,365	17,064	15,486	13,773	12,905
EBIT	65,488	44,265	31,223	27,978	26,356
EBIT Margin	27.55%	26.65%	23.49%	24.85%	26.55%
Effective Tax Rate	14.25%	32.81%	25.19%	27.33%	20.39%
Revenue as Reported	244,466	172,183	138,405	118,615	104,589

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.