To the full analysis
Adani Energy Solutions stock: growth
ADANIENSOL.NSAdani Energy Solutions reported $2.93B in revenue for fiscal 2026, up 16.1% on the prior year, up 22.7% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
31.3%
per year from 2015 to 2026, per share 30.3%
Earnings (Annual rate)
34.3%
per year from 2015 to 2026, per share 1.7%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2015 | |
|---|---|---|---|
| Revenue | 22.7% | 28.8% | 31.3% |
| Revenue per share | 20.5% | 27.7% | 30.3% |
| Earnings | 13.3% | 20.0% | 34.3% |
| Earnings per share | 16.1% | 18.9% | 1.7% |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2015 | $146.16M | $9.48M | −$24.28M |
| 2016 | $233.52M | $39.11M | $85.99M |
| 2017 | $305.65M | $44.26M | $88.1M |
| 2018 | $419.25M | $121.48M | $131.38M |
| 2019 | $776.49M | $59.44M | $148.04M |
| 2020 | $1.21B | $78.85M | $284.27M |
| 2021 | $1.06B | $130.1M | −$17.86M |
| 2022 | $1.2B | $128.04M | −$10.02M |
| 2023 | $1.41B | $133.53M | −$98.34M |
| 2024 | $1.77B | $120.88M | $64.63M |
| 2025 | $2.53B | $112.66M | −$72.59M |
| 2026 | $2.93B | $242.61M | −$365.11M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 26 Sep 2025)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.