BSE:539254

Stock Analysis Report

Adani Transmissions

Executive Summary

Adani Transmissions Limited operates as a transmission utility company in India.

Snowflake

Fundamentals

Moderate growth potential with poor track record.


Similar Companies

Share Price & News

How has Adani Transmissions's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

7.2%

539254

0.3%

IN Electric Utilities

3.1%

IN Market


1 Year Return

49.1%

539254

0.9%

IN Electric Utilities

3.7%

IN Market

Return vs Industry: 539254 exceeded the Indian Electric Utilities industry which returned 0.9% over the past year.

Return vs Market: 539254 exceeded the Indian Market which returned 3.7% over the past year.


Shareholder returns

539254IndustryMarket
7 Day7.2%0.3%3.1%
30 Day6.3%-1.5%5.7%
90 Day12.8%-2.6%1.4%
1 Year49.1%49.1%4.3%0.9%5.9%3.7%
3 Year446.5%446.5%17.5%8.2%22.3%16.0%
5 Yearn/a26.3%12.6%42.5%28.9%

Price Volatility Vs. Market

How volatile is Adani Transmissions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Adani Transmissions undervalued compared to its fair value and its price relative to the market?

81.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: 539254 (₹238) is trading above our estimate of fair value (₹155.34)

Significantly Undervalued: 539254 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 539254 is poor value based on its PE Ratio (81.4x) compared to the Electric Utilities industry average (14.5x).

PE vs Market: 539254 is poor value based on its PE Ratio (81.4x) compared to the Indian market (13.2x).


Price to Earnings Growth Ratio

Low PEG Ratio: 539254 is poor value based on its PEG Ratio (3.9x)


Price to Book Ratio

PB vs Industry: 539254 is overvalued based on its PB Ratio (3.3x) compared to the IN Electric Utilities industry average (0.9x).


Next Steps

Future Growth

How is Adani Transmissions forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

20.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 539254's forecast earnings growth (20.8% per year) is above the savings rate (7.6%).

Earnings vs Market: 539254's earnings (20.8% per year) are forecast to grow faster than the Indian market (18.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 539254's revenue (9.1% per year) is forecast to grow slower than the Indian market (11.4% per year).

High Growth Revenue: 539254's revenue (9.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: 539254's Return on Equity is forecast to be low in 3 years time (14.3%).


Next Steps

Past Performance

How has Adani Transmissions performed over the past 5 years?

24.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 539254's earnings have grown significantly by 24.3% per year over the past 5 years.

Accelerating Growth: 539254's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 539254 had negative earnings growth (-74.8%) over the past year, making it difficult to compare to the Electric Utilities industry average (-1.8%).


Return on Equity

High ROE: 539254's Return on Equity (7.5%) is considered low.


Return on Assets

ROA vs Industry: 539254's Return on Assets is below or equal to the Electric Utilities industry average last year.


Return on Capital Employed

ROCE Improving: 539254's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Adani Transmissions's financial position?


Financial Position Analysis

Short Term Liabilities: 539254's short term assets (₹38.3B) do not cover its short term liabilities (₹64.2B)

Long Term Liabilities: 539254's short term assets (38.3B) do not cover its long term liabilities (174.7B)


Debt to Equity History and Analysis

Debt Level: 539254's debt to equity ratio (198.9%) is considered high

Reducing Debt: Insufficient data to determine if 539254's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 539254's debt is not well covered by operating cash flow (16.2%).

Interest Coverage: 539254's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet

Inventory Level: 539254 has a high level of physical assets or inventory.

Debt Coverage by Assets: 539254's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is Adani Transmissions's current dividend yield, its reliability and sustainability?

0.46%

Forecast Dividend Yield


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage3.9%forecastin3Years0.5%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 539254's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 539254's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 539254's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 539254's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 539254's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Adani Transmissions's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Anil Sardana (60yo)

1.4yrs

Tenure

0

Mr. Anil Kumar Sardana, B.E. (Electrical), AICWA, PGDBM, has been Managing Director, Chief Executive Officer and Executive Director of Adani Transmissions Limited since May 10, 2018. Mr. Sardana served as  ...


Management Age and Tenure

4.3yrs

Average Tenure

57yo

Average Age

Experienced Management: 539254's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

4.3yrs

Average Tenure

63yo

Average Age

Experienced Board: 539254's board of directors are considered experienced (4.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Anil Sardana (60yo)

    MD, CEO & Executive Director

    • Tenure: 1.4yrs
  • Gautam Adani (57yo)

    Founder & Chairman

    • Tenure: 0yrs
  • Rajeshbhai Adani (55yo)

    Executive Director

    • Tenure: 4.3yrs
  • Jaladhi Shukla

    Compliance Officer & Company Secretary

    • Tenure: 4.6yrs
  • Dipakrashmi Tripathi (57yo)

    Senior Vice President of Transmission

    • Tenure: 9.3yrs
    • Compensation: ₹6.50m
  • Kaushal Shah

    Chief Financial Officer

    • Tenure: 4yrs
    • Compensation: ₹11.55m
  • Vishal Shah

    Chief Sustainability Officer

    • Tenure: 0yrs

Board Members

  • Anil Sardana (60yo)

    MD, CEO & Executive Director

    • Tenure: 1.4yrs
  • Gautam Adani (57yo)

    Founder & Chairman

    • Tenure: 0yrs
  • Rajeshbhai Adani (55yo)

    Executive Director

    • Tenure: 4.3yrs
  • Ravindrarai Harshadrai Dholakia (66yo)

    Non-Executive & Independent Director

    • Tenure: 3.4yrs
    • Compensation: ₹510.00k
  • Meera Shankar (69yo)

    Non-Executive & Independent Director

    • Tenure: 4.3yrs
    • Compensation: ₹510.00k
  • Kalaikuruchi Jairaj (67yo)

    Non-Executive & Independent Director

    • Tenure: 4.3yrs
    • Compensation: ₹625.00k

Company Information

Adani Transmissions Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Adani Transmissions Limited
  • Ticker: 539254
  • Exchange: BSE
  • Founded: 2013
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: ₹256.421b
  • Shares outstanding: 1.10b
  • Website: https://www.adanitransmission.com

Number of Employees


Location

  • Adani Transmissions Limited
  • Adani House
  • Near Mithakhali Six Roads
  • Ahmedabad
  • Gujarat
  • 380009
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539254BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2015
ADANITRANSNSEI (National Stock Exchange of India)YesEquity SharesININRJul 2015

Biography

Adani Transmissions Limited operates as a transmission utility company in India. The company owns and operates approximately 11,000 circuit kilometers of transmission lines across Western, Northern, and Ce ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 12:53
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.