Cable stock jumps 8.4% after receiving multiple orders from Power Grid Corp and more

Synopsis: The stock made a turn around in the day’s trade after receiving total orders of around Rs. 46.5 crore

The share of this company engaged in offering end-to-end solutions for power transmission, substations, and telecommunication infrastructure, in focus after reporting receipt of multiple orders.

With the market capitalization of Rs. 1,820.74 Crore, Advait Energy Transitions Limited’s share on Monday made a day high of Rs. 1,695 per share, up by 8.4 percent from its previous day’s close price of Rs.1,542.35 per share. The share has given a return of 6,453 percent over a period of 5 years.

Significant Order:

The company received one domestic order worth Rs. 21.3 crore, from Power Grid Corporation of India Ltd. (PGCIL) for Package ERS-1 involving the procurement of Emergency Restoration System (ERS) suitable up to 765kV AC/± 800kV (Set 1), i.e. to deliver a high-capacity emergency backup system, that  is to be executed in a period 18 months

The 2nd is an international order worth Rs. 25.36 crore from Purnama Solutions (M) SDN. BHD, to be executed in 1095 days. For installation works of High Voltage Optical Ground Wire under the Tenaga National Berhad (TNB) contracts: One being in Mainhead C1- Central, and 2nd Mainhead B1 in Johara Utara.

These new contracts further strengthen the company’s rapidly expanding order book, which has jumped 177percent year-on-year to ₹1,070 crore as of September 30, 2025. Of this, about 76 percent comes from its Power Transmission Solutions (PTS) business, while 24 percent is driven by its New & Renewable Energy (NRE) segment.

About the company & Operational Highlights

Incorporated in 2010, Advait Energy Transitions is an emerging company mainly focused into Power Transmission Solution & Energy Transitions Sector. Possesses a niche product portfolio and a state-of-the-art manufacturing facility, providing EPC solutions and services across geographies in both business verticals.

Advait runs plants for ACS and OPGW wires, ERS systems and 140+ stringing tools. It is expanding its PTS facility and building a new NRE plant to produce 300-MW electrolysers and assemble advanced fuel-cell technology, boosting future capacity and innovation.

Operational performance in Q2 FY26, the company secured a Rs. 90 crore ERS order from PGCIL and Rs. 100 crore EPC order from DGVCL. In addition, it has executed 250km stringing of OPGW of PGCL in Leh region, executed 1st EPC project for GETCO of 50kms in record time and supplied more than 350 winch machines for power transmission in a single quarter .

Financial Highlights, revenue grew by 239 percent to Rs.157 crore in Q2 FY26 from Rs. 46.2 crore in Q2 FY25. EBDIT grew by 103 percent to Rs 17.3 crore Q2 FY26 from Rs. 8.53 crore in Q2 FY25. Accompanied by YoY growth of net profit by 143 percent to Rs.11.1 crore in Q2 FY26 and EPS growth of 140 percent to Rs. 9.64 per share, indicating strong future growth with strong inflow of orders and record time executions.

Written by Gourav Pratap Singh

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