Ashish Kacholia stock jumps after expanding its green energy business with 3 new subsidiaries

Synopsis: Cable & wire manufacturing company has incorporated three subsidiaries in battery storage, carbon advisory, and power assets, aiming to expand capabilities across energy solutions, sustainability services, and infrastructure within the renewable energy space. 

The shares of this small company majorly engaged in in manufacturing and supply of Stringing Tools, ACS Wires, OPGW Cables, ERS, Optical Fibre Cables, and a comprehensive range of insulators, were in focus after setting up three subsidiaries to expand its capacity across energy solutions. 

With the market capitalization of Rs. 2087 Crores, the shares of Advait Energy Transitions Limited were trading at around Rs. 2090 per share which is 13.6 percent discount from its 52 weeks high of Rs. 2419 per share and is trading at a P/E of 49.7 whereas industry P/E stands at 22.7. Ace investor Ashish Kacholia as of March 2026, holds  1.83 percent stake in this company  and has been invested in this stock since September 2024 

What is the NEWS

Advait Energy Transitions Limited has announced the incorporation of three wholly owned subsidiaries as part of its expansion strategy. Each entity is focused on a different segment within the broader energy and sustainability space. This step reflects a structured approach to building capabilities across emerging and core business areas.

The company has set up Advait Battery Ecosystems Private Limited, incorporated on April 27, 2026, with an initial capital of ₹1 lakh and 80 percent  ownership. This entity will work on battery energy storage systems, EV batteries, and integrated power solutions. Its scope includes designing, manufacturing, installing, and maintaining storage systems such as battery packs, EMS, PCS, and containerized solutions. 

It will also execute projects under EPC and BOO models across utility, industrial, and residential segments. In addition, the business will cover battery recycling, refurbishment, and lifecycle management, along with providing consultancy and entering partnerships in India and abroad.

The company incorporated Advait Carbon Advisory & Renewables Assets Private Limited on April 20, 2026, also with ₹1 lakh capital and 80 percent  stake. This subsidiary will operate in carbon markets and sustainability services. Its activities include carbon credit trading, carbon offset management, ESG consulting, sustainability reporting, and climate strategy advisory. It will also provide services like carbon footprint assessment, net-zero planning, validation and verification support, and climate finance advisory. The business further extends to developing and managing renewable projects to generate environmental credits, and participating in global and domestic carbon markets, including platforms like voluntary and compliance markets.

The third entity, Advait Unified Renewable Assets Private Limited, incorporated on April 27, 2026, with similar capital and 80 percent  ownership, will focus on power generation and infrastructure. Its operations include acting as an independent power producer, handling transmission, distribution, and trading of electricity, and executing EPC projects. The company will develop and operate power plants across renewable and conventional sources such as solar, wind, hydro, and hybrid systems. It will also work on energy storage systems, including BESS, and undertake projects under BOO, BOT, and BOOT models. The subsidiary will be involved in manufacturing related equipment and managing power networks, along with entering partnerships for domestic and international projects.

About the company and Financials

Advait Energy Transitions Limited was founded in 2010 and operates in power transmission and energy transition solutions, offering products and EPC services. It manufactures ACS and OPGW wires, restoration systems, and stringing tools. The company has an order book of 1048 Crores as of Q3 FY26. 

Power Discom projects segment  contributes  around 53 percent of the total revenue, whereas  ACS – OPGW, Stringing tools, OPGW live projects and Reconductoring HTLS Projects contribute 27 percent, 15 percent, 17 percent and 5 percent respectively. 

Year on Year analysis: Revenue from operations has increased from Rs. 98 Crores to Rs. 211 Crores, up 115 percent. Operating profit has increased from Rs. 15 Crores to Rs. 24 Crores, up 60 percent and net profit has increased from Rs. 10 Crores to Rs. 17 Crores, up 70 percent 

Quarter on Quarter analysis: Revenue from operations has increased from Rs. 157 Crores to Rs. 211 Crores, up 34 percent. Operating profit has increased from Rs. 17 Crores to Rs. 24 Crores, up 41 percent and net profit has increased from Rs. 10 Crores to Rs. 17 Crores, up 70 percent 

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Ashish Kacholia stock jumps after expanding its green energy business with 3 new subsidiaries appeared first on Trade Brains.