Adani Energy Solutions held its Q4 FY26 earnings call, detailing audited financial results and providing strategic updates on transmission, distribution, and smart metering segments.
Management outlined a significant capex plan of INR 22,000 crores for FY27, with transmission comprising INR 15,500 crores and highlighted the full commissioning of the Mumbai HVDC project.
The company reported installing 8.3 million smart meters in FY26, surpassing its target, and expects to install 10 million more in FY27, while also discussing growth in the C&I segment.
CFO Kunjal Mehta addressed balance sheet leverage, confirming comfort with maintaining a net debt-to-EBITDA ratio of 4.5x-4.7x despite the aggressive capital expenditure program.