Guidance ledger · Q1 FY27

Adani Energy Solutions Ltd ADANIENSOL

3 revisions on record · 0 lowered · 3 raised — the strikethrough is what management used to say

directional guidance only · held across quarters

Holding view → · latest concall · The pulse

↑ raised Smart meter combined portfolio (post IntelliSmart) Q4 FY26 → Q1 FY27

~~2.46 crores AESL standalone~~ → 4.7 crores (47 million combined)

“combined IntelliSmart and AESL, we'll have a portfolio of about 4.7 crores or 47 million meters. And this contract also has provisions for natural growth of volume within the given contract”

↑ raised Smart meter operating revenue from commissioned meters Q4 FY26 → Q1 FY27

~~INR68 crores~~ → INR161 crores

“the revenue from already commissioned meter has improved from last quarter INR68 crores to INR161 crores”

↑ raised FY27 total capex Q3 FY26 → Q4 FY26

~~INR14,500-15,000 crores (Q3FY26 direction)~~ → INR21,000-22,000 crores

“we will have about INR22,000 crores of capex next year, of which transmission would be about 15,500, distribution about 2,350, smart metering about 3,900”

Method. Revisions come from management's own stated numbers, compared quarter over quarter across the covered concalls; each carries the verbatim quote. “No revisions” can also mean guidance too vague to pin down — see the posture chip above. Not investment advice.