
Adani Energy Solutions Share Price Target 2027: 20.0% Upside to Rs 1,727, Bull Case Rs 2,068
Adani Energy Solutions share price Rs 1,439.10 (10 November 2026). Base target Rs 1,727, bull Rs 2,068, downside risk Rs 1,151. PE 45.15. 52W range Rs 803.10 to Rs 1,789.00.
Updated: 10 Nov 2026 • 10:09 am
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Quick Answer
The Adani Energy Solutions share price target for 2027 is Rs 1,727, about 20.0% above the current price of Rs 1,439.10. The bull case is Rs 2,068, and the downside risk level, which is not a target, is Rs 1,151. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 36.5%, with the stock holding its PE of 45.15. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Adani Energy Solutions target price for 2027 should start with where the stock sits today. At Rs 1,439.10 on 10 November 2026, it is 19.6% below its 52-week high of Rs 1,789.00 and 79.2% above its 52-week low of Rs 803.10. That range spans 123% from low to high, so the entry point matters as much as the Adani Energy Solutions price forecast itself.
This article builds the Adani Energy Solutions share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
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Adani Energy Solutions Stock Analysis: Company Overview and Key Stats
Adani Energy Solutions (NSE: ADANIENSOL) has a market capitalisation of Rs 1,75,983 crore. In FY26 it reported revenue of Rs 28,325 crore and net profit of Rs 2,393 crore. The table collects the figures the Adani Energy Solutions share price target is built on.
| Metric | Value |
|---|---|
| Company | Adani Energy Solutions |
| NSE Ticker | ADANIENSOL |
| CMP (10 November 2026) | Rs 1,439.10 |
| 52-Week High | Rs 1,789.00 |
| 52-Week Low | Rs 803.10 |
| Market Cap | Rs 1,75,983 crore |
| PE Ratio (TTM) | 45.15 |
| Industry PE | 20.67 |
| Price to Book | 5.62 |
| Return on Equity | 11.85% |
| Debt to Equity | 1.65 |
| EPS (TTM) | Rs 31.87 |
| Dividend Yield | 0.00% |
| 12-Month Base Target | Rs 1,727 |
| Bull Case | Rs 2,068 |
| Downside Risk Level (not a target) | Rs 1,151 |
Why Is Adani Energy Solutions Share Price Target Set at Rs 1,727 for 2027?
The arithmetic is short. Trailing EPS of Rs 31.87 grown for one year gives a forward EPS estimate of Rs 38.24, and multiplying it by the unchanged PE of 45.15 gives the Rs 1,727 base-case Adani Energy Solutions stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Adani Energy Solutions Target Price: Five Years of Results
Adani Energy Solutions grew revenue from Rs 11,861 crore in FY22 to Rs 28,325 crore in FY26, a compound annual growth rate of 24.3%. Net profit grew more slowly, from Rs 1,236 crore to Rs 2,393 crore (18.0% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 11,861.47 | 1,235.75 | 8.90 | 0.00 |
| FY23 | 13,840.46 | 1,280.60 | 11.10 | 0.00 |
| FY24 | 17,218.31 | 1,195.61 | 10.20 | 0.00 |
| FY25 | 24,446.55 | 921.69 | 9.05 | 0.00 |
| FY26 | 28,325.16 | 2,392.75 | 19.00 | 0.00 |
FY26 revenue growth was 15.9%, slower than the four-year average of 24.3%, and net profit moved up 159.6%. EPS rose from Rs 10.20 in FY24 to Rs 19.00 in FY26. The FY27 outlook for the Adani Energy Solutions price target depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Adani Energy Solutions converted 8.4% of FY26 revenue into net profit, against 3.8% in FY25, within a five-year range of 3.8% to 10.4%. EBITDA margin was 30.8% in FY26 versus 25.5% in FY25.
In the September 2026 quarter, revenue was Rs 10,239 crore, up 51.3% from the same quarter a year earlier, while net profit of Rs 1,364 crore was up 144.8%. EBITDA came in at Rs 3,265 crore, up 32.7% year on year. The next quarterly result is the first test of whether the earnings assumption behind the Adani Energy Solutions stock target holds.
Balance Sheet and Cash Flow
Debt to equity stands at 1.65, and shareholders' equity grew from Rs 11,006 crore in FY22 to Rs 26,526 crore in FY26. Operating cash flow in FY26 was Rs 10,997 crore against capital expenditure of Rs 14,432 crore, leaving negative free cash flow of Rs 3,435 crore. In FY25 free cash flow was negative at Rs 333.63 crore.
Valuation Check for the Adani Energy Solutions Stock Target: PE, Price to Book and ROE
At a PE of 45.15 against an industry PE of 20.67, Adani Energy Solutions trades at a premium to its industry. Price to book is 5.62 on a book value of Rs 255.97 per share, and return on equity is 11.85%. A PE of 45.15 equals an earnings yield of 2.2%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.
Shareholding Pattern and Institutional Holding
Promoters held 73.39% of Adani Energy Solutions in September 2026, and promoter holding rose from 71.19% in December 2025 to 73.39% in September 2026. Foreign institutional investors (FII) held 9.56% and domestic institutions (DII) held 13.61%, which puts total institutional holding at 23.17%. FII holding fell from 13.47% in December 2025 to 9.56% in September 2026. Public shareholders own the remaining 3.44%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Adani Energy Solutions Share Price Targets for the Short Term and 12 Months
Short Term Adani Energy Solutions Stock Target Levels: Technical Setup
At Rs 1,439.10 on 10 November 2026, Adani Energy Solutions trades above its 50-day simple moving average of Rs 1,361.71 and above its 200-day exponential moving average of Rs 1,329.69. The 14-day RSI reads 63.0, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 1,789.00 (52-week high) and the nearest support is Rs 1,361.71 (50-day simple moving average). A sustained move above Rs 1,789.00 would improve the short-term setup, while a close below Rs 1,361.71 would shift attention to the next support.
12 Month Adani Energy Solutions Target Price for 2027
The 12-month target of Rs 1,727 means a move of 20.0% up from Rs 1,439.10 over the next 12 months. It would still leave the stock 3.5% below its 52-week high of Rs 1,789.00. Anyone checking the Adani Energy Solutions share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the Adani Energy Solutions Target Price
| EPS Growth | PE 36.12 | PE 45.15 | PE 51.92 |
|---|---|---|---|
| 0.0% (EPS Rs 31.87) | Rs 1,151 | Rs 1,439 | Rs 1,655 |
| 20.0% (EPS Rs 38.24) | Rs 1,381 | Rs 1,727 | Rs 1,985 |
| 25.0% (EPS Rs 39.84) | Rs 1,439 | Rs 1,799 | Rs 2,068 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Adani Energy Solutions price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Adani Energy Solutions Stock Target in 2027
Bull Case Rs 2,068
The bull case Adani Energy Solutions price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 39.84, and a PE multiple that rises 15% to 51.92. That gives Rs 2,068, 43.7% above the current price and above the 52-week high of Rs 1,789.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 1,151
The downside risk level is not a target. It assumes EPS stays flat at Rs 31.87 and the PE falls 20% to 36.12. That gives Rs 1,151, 20.0% below the current price and above the 52-week low of Rs 803.10.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 51.92 | Rs 2,068 | +43.7% |
| Base Case | 20.0% | 45.15 | Rs 1,727 | +20.0% |
| Downside Risk | 0.0% | 36.12 | Rs 1,151 | -20.0% |
Key Risks to the Adani Energy Solutions Target Price for 2027
Growth Slowdown Risk for the Adani Energy Solutions Price Target
Revenue in the September 2026 quarter was up 51.3% year on year, and FY26 revenue growth was 15.9%. If growth slows from here, the EPS estimate behind the Adani Energy Solutions stock target will need revising.
Liquidity and Size Risk
Adani Energy Solutions has a market capitalisation of Rs 1,75,983 crore. Institutional holding is 23.17%, and promoters hold 73.39%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.
Valuation and Margin Risk
Net margin was 8.4% in FY26, so a small slip in costs moves profit noticeably. At a PE of 45.15 versus an industry PE of 20.67, a de-rating toward the downside-risk PE of 36.12 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 63.0 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time. That applies to any Adani Energy Solutions stock target, however carefully it is built.
How to Invest in Adani Energy Solutions
Start with the live price and volume. Any Adani Energy Solutions share price target is only as current as the data behind it, and the data here is as of 10 November 2026, so refresh the Rs 1,439.10 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Adani Energy Solutions' PE, ROE, debt and shareholding in one place.
Check Adani Energy Solutions fundamentals on the Univest Screener
Then compare the three Adani Energy Solutions target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Adani Energy Solutions live price and get daily stock recommendations.
Conclusion
The Adani Energy Solutions share price target for 2027 is Rs 1,727 in the base case, with Rs 2,068 as the bull case. The support for that view is arithmetic you can check: EPS grew 36.5% a year over FY24 to FY26, and the stock trades at a PE of 45.15. The risks are equally concrete, including a PE of 45.15 that sits above the industry PE of 20.67 and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework for judging the Adani Energy Solutions price target, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Adani Energy Solutions Share Price Target 2027
What is the Adani Energy Solutions share price target for 2027?
Ans. The base-case Adani Energy Solutions share price target for 2027 is Rs 1,727, which is 20.0% above the price of Rs 1,439.10 on 10 November 2026. The bull case is Rs 2,068 and the downside risk level, which is not a target, is Rs 1,151. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the Adani Energy Solutions share price today?
Ans. As of 10 November 2026, 9:32 AM IST, Adani Energy Solutions (NSE: ADANIENSOL) trades at Rs 1,439.10, down 0.75% on the day. That is 19.6% below the 52-week high of Rs 1,789.00 and 79.2% above the 52-week low of Rs 803.10. The market capitalisation of Rs 1,75,983 crore places it among large-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is Adani Energy Solutions a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 36.5% a year over FY24 to FY26 and the base case implies 20.0% upside; on the cautious side, the PE of 45.15 sits above the industry PE of 20.67, and the downside risk level of Rs 1,151 is 20% below the current price. Whether Adani Energy Solutions fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for Adani Energy Solutions shares?
Ans. The bull case in the Adani Energy Solutions share price target for 2027 is Rs 2,068, which assumes 25.0% EPS growth and a PE of 51.92, a 15% re-rating from today's multiple. That is 43.7% above the current price and above the 52-week high of Rs 1,789.00, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 1,151, which assumes flat EPS and a PE of 36.12, 20% lower than today. It sits 20.0% below the current price and above the 52-week low of Rs 803.10, and it marks a risk to watch, not a target.
What are the main risks to the Adani Energy Solutions price target?
Ans. Four risks matter most for the Adani Energy Solutions share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. The market capitalisation of Rs 1,75,983 crore means liquidity is deep, so the bigger risk is paying a full price for slow earnings growth. A fall to the downside-risk PE of 36.12 would cut the price even if earnings hold.
What is the PE ratio of Adani Energy Solutions and how does it compare with the industry?
Ans. The PE ratio of Adani Energy Solutions is 45.15, against an industry PE of 20.67, which is a premium to the industry. Price to book is 5.62 and return on equity is 11.85%, and the PE equals an earnings yield of 2.2%. The base case holds the PE unchanged, so the Adani Energy Solutions share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns Adani Energy Solutions, and what is the promoter holding?
Ans. Promoters held 73.39% of Adani Energy Solutions in September 2026. FII held 9.56%, DII held 13.61% and the public held 3.44%. Together the two institutional groups hold 23.17%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were Adani Energy Solutions' latest quarterly results?
Ans. In the September 2026 quarter, Adani Energy Solutions reported revenue of Rs 10,239 crore (up 51.3% year on year) and net profit of Rs 1,364 crore (up 144.8%). For comparison, FY26 full-year revenue growth was 15.9% and net profit moved up 159.6%. Each new quarter either supports or weakens the EPS growth of 20.0% assumed in the base case.
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