ADANITRANS

ADANI TRANSMISSION

Large Cap BSE: 539254 NSE: ADANITRANS
₹2745.7
-88.55 (-3.12%)
  • Advice
  • Hold
As on 04 December, 2022 | 13:14

Adani Transmission Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Start SIP in ADANI TRANSMISSION

Start SIP

Adani Transmission Share Price

Adani Transmission Share Returns

  • Over 1 Month -17.01%
  • Over 3 Month -28.99%
  • Over 6 Month 35.54%
  • Over 1 Year 45.65%

Adani Transmission Key Statistics

P/E Ratio 344.6
PEG Ratio -10.2
Market Cap Cr 306,281
Price to Book Ratio 38.5
EPS -0.6
Dividend 0
Relative Strength Index 31.35
Money Flow Index 27.59
MACD Signal -126.96
Average True Range 126.37

Adani Transmission Investment Rating

  • Master Rating:
  • Adani Transmissions Ltd has an operating revenue of Rs. 12,269.79 Cr. on a trailing 12-month basis. An annual revenue growth of 13% is good, Pre-tax margin of 15% is great, ROE of 17% is exceptional. The company has a high debt to equity of 405%, which can be a reason to worry. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 48 which is a POOR score indicating inconsistency in earnings, a RS Rating of 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 91 indicates it belongs to a poor industry group of Utility-Electric Power and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Adani Transmission Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 175833322986742450
Operating Expenses Qtr Cr 181853352996444453
Operating Profit Qtr Cr -5-1-3-13-1-2
Depreciation Qtr Cr 0000000
Interest Qtr Cr 140193201190190182178
Tax Qtr Cr 0000000
Net Profit Qtr Cr 32-176-30-21-19-17

Adani Transmission Technicals

EMA & SMA

Current Price
2745.7
-88.55 (-3.12%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 2982.07
  • 50 Day
  • 3162.45
  • 100 Day
  • 3138.43
  • 200 Day
  • 2846.36
  • 20 Day
  • 3044.02
  • 50 Day
  • 3226.63
  • 100 Day
  • 3350.06
  • 200 Day
  • 2829.38

Adani Transmission Resistance and Support

PIVOT
₹2876.42
Resistance
First Resistance 2952.84
Second Resistance 3071.42
Third Resistance 3147.84
RSI 31.35
MFI 27.59
MACD Single Line -126.96
MACD -145.08
Support
First Resistance 2757.84
Second Resistance 2681.42
Third Resistance 2562.84

Adani Transmission Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 903,852 28,109,797 31.1
Week 985,756 37,419,313 37.96
1 Month 824,288 37,299,010 45.25
6 Month 616,409 23,959,822 38.87

Adani Transmission Result Highlights

Adani Transmission Synopsis

NSE-Utility-Electric Power

Adani Transmission L is involved in the business activities of Wholesale of other basic/manufactured food stuffs. Company’s Total Operating Revenue is Rs. 739.81 Cr. and Equity Capital is Rs. 1099.81 Cr. for the Year ended 31/03/2022. Adani Transmission Ltd. is a Public Limited Listed company incorporated on 09/12/2013 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L40300GJ2013PLC077803 and registration number is 077803.
Market Cap 306,281
Sales 889
Shares in Float 29.00
No of funds 507
Yield
Book Value 357.05
U/D Vol ratio 0.5
LTDebt / Equity 876
Alpha 0.15
Beta 1.16

Adani Transmission

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 73.87%73.87%74.92%
Mutual Funds 0.13%0.15%0.15%
Insurance Companies 3.46%3.28%3.07%
Foreign Portfolio Investors 19.93%20.01%20.57%
Financial Institutions/ Banks
Individual Investors 0.97%1.05%1.04%
Others 1.64%1.64%0.25%

Adani Transmission Management

Name Designation
Mr. Gautam S Adani Chairman
Mr. Anil Sardana Managing Director & CEO
Mr. Rajesh S Adani Director
Mr. K Jairaj Director
Mrs. Meera Shankar Director
Dr. Ravindra H Dholakia Director

Adani Transmission Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Adani Transmission Corporate Action

Date Purpose Remarks
2022-11-02 Quarterly Results
2022-08-03 Quarterly Results
2022-05-05 Audited Results
2022-04-08 Preferential issue of shares Inter-alia, to consider and evaluate the proposal for raising of funds by way of a rights issue, preferential allotment, including a qualified institutions placement.
2022-02-03 Quarterly Results

Adani Transmission MF Shareholding

Name Amount(cr)
NJ Balanced Advantage Fund Regular Growth 4826
Nippon India ETF Nifty Next 50 Junior BeES 3020
ICICI Prudential Nifty Next 50 Index Fund Growth 2480
UTI Nifty Next 50 Index Fund Regular Growth 2026
SBI Nifty Next 50 ETF 1182

About Company

Adani Transmission Limited (ATL) is a subsidiary of the Adani Group. The Company is a private sector power transmission and distribution company in India that specialises in establishing, commissioning, establishing, operating, and maintaining electric power transmission systems.

It has a portfolio of approximately 18,801 circuit kilometres of transmission lines and 36,766 MVA of power transmission capacity for HVAC systems ranging from 132 to 765 kilovolts. The company constructs, owns, and operates transmission lines in Gujarat, Rajasthan, Bihar, Jharkhand, Uttar Pradesh, Maharashtra, Haryana, Chhattisgarh, Madhya Pradesh, and West Bengal. Its operations also include generation and distribution. Power Distribution, Power Transmission, and Tech & Innovation are among its segments. North Karanpura Transco Limited, Fatehgarh-Bhadla Transmission Limited, Ghatampur Transmission Limited, and Obra-C Badaun Transmission Limited are among the projects in its portfolio.

 

Products offered by Adani Transmission

  • Power transmission 
  • Power distribution 
  • Tech & innovation 
  • System availability

 

History

 

The Adani Group's involvement in transmission began in 2006, long before Adani Transmission Limited (ATL) was formally established. The need to evacuate power from Adani's Mundra thermal power plant necessitated this. The dedicated power evacuation lines spanned over 3800 kilometres, connecting Mundra to Dehgam, Mundra to Mohindergarh, and Tirora to Warora.


Another line, spanning more than 1200 kilometres, was completed in 2014 to evacuate power from Adani's Tiroda power plant. As a result of the enormous business potential in the transmission sector, Adani Transmission Limited (ATL) was spun off from Adani Enterprises Limited (AEL) in 2015 to pursue opportunities in the transmission sector. ATL has also pursued various inorganic growth opportunities, including the acquisition of GMR's transmission assets in Rajasthan (2016),

ATL entered the distribution space in 2018 when it acquired Reliance Infrastructure's Power Generation, Transmission, and Distribution Business in Mumbai. With a distribution network spanning over 400 square kilometres, Adani Electricity Mumbai Limited (AEML) now serves over 3 million customers in Mumbai suburbs and Mira-Bhayender Municipal Corporation in Thane district.

ATL is now the largest private transmission company, with over 14,100 km of transmission lines and approximately 20,400 MVA of power transformation capacity. ATL has also set a lofty goal of constructing 20,000 circuit kilometres of transmission lines by 2022, leveraging both organic and inorganic growth opportunities.

Adani Transmission FAQs

What is Share Price of Adani Transmission ?

Adani Transmission share price is ₹2745 As on 04 December, 2022 | 13:00

What is the Market Cap of Adani Transmission ?

The Market Cap of Adani Transmission is ₹306280.8 Cr As on 04 December, 2022 | 13:00

What is the P/E ratio of Adani Transmission ?

The P/E ratio of Adani Transmission is 344.6 As on 04 December, 2022 | 13:00

What is the PB ratio of Adani Transmission ?

The PB ratio of Adani Transmission is 38.5 As on 04 December, 2022 | 13:00

What is Adani Transmission?

Adani Transmission and its subsidiaries are in the power generation, transmission, and distribution business in India. Gujarat, Rajasthan, Bihar, Jharkhand, Uttar Pradesh, Maharashtra, Haryana, Chhattisgarh, and Madhya Pradesh are among the states where the Group develops, owns, and operates transmission lines. Aside from the aforementioned, the company also deals in a variety of agricultural commodities.

Is Adani Transmission a good buy?

Adani Transmissions Ltd has operating revenue of Rs.10,652.02 Cr. on a trailing 12-month basis. Annual revenue de-growth of -10% needs improvement, Pre-tax margin of 16% is great. The company has a high debt to equity of 391%, which can be a reason to worry.

What is the stock price CAGR of Adani Transmission?

The stock price CAGR of Adani Transmission for 5 Years is 99%, 3 Years is 102% and 1 Year is 309%.

What is the ROE of Adani Transmission?

Adani Transmission has an ROE of 20% which is exceptional.

Is it a good idea to purchase or invest in the stocks of Adani Transmission Ltd?

In the last five years, the company has been providing consistent returns to its shareholders. As a result, even if you are thinking about investing for a short time, Adani Transmission shares might be able to give you profits if you play your cards correctly. On the other hand, in the long run, this is a significant share, and due to the company’s rising value, the share will have a positive impact too. 

What are some of the competitors of Adani Transmission?

Given below is the list of some of the top competitors of Adani Transmission that one should know of when investing their money in its shares. 

  1. Tata Power    
  2. JSW Energy    
  3. IndiGrid InvIT    
  4. Power Grid Corp    
  5. Sterling Wilson    
  6. NHPC    
  7. Inox Wind Energy
  8. KKV Agro Powers

What was the company's most recent reported net income?

It recorded a total sales of Rs. 11,258 crores in FY22,while its reported net profit was Rs. 1,205 crores during the same period.

What is the market capitalization of Company?

The company reported a market capitalization of INR 333,270 Cr. as of July 28, 2022.

How to buy shares of the company?

The company's shares can be bought online or offline by opening a Demat account with 5Paisa and verifying the KYC documents.

What is the share price of the company?

One share of the company is priced at INR 2,988 as of July 28, 2022.

Q2FY23