Advait Energy Transitions Bags Two Projects from Paschim Gujarat Vij Company
With two contracts valued at INR 152.25 Crore, Advait Energy to deliver MVCC-based power network upgrades in Paschim Gujarat Vij Company’s Bhavnagar and Amreli Circles under the System Improvement (SI) Scheme.
September 06, 2025. By News Bureau

Advait Energy Transitions has bagged two turnkey contracts from Paschim Gujarat Vij Company, together valued at INR 152,25,38,327.26. The first order, worth INR 80,55,15,731.02, involves the supply and installation of 11 KV Medium Voltage Covered Conductor (MVCC) to strengthen the power network in Paschim Gujarat Vij Company’s Bhavnagar Circle. The second order, valued at Rs 71,70,22,596.24, covers a similar project in the Amreli Circle. Both contracts, awarded under the System Improvement (SI) Scheme on 1 September, 2025, carry a completion timeline of 12 months.
Investor interest has been notable. On 11 June, 2025, veteran investor Vijay Kedia, through Kedia Securities, purchased 100,000 shares at Rs 1,725 per share, amounting to INR 17.25 crore. Fellow investor Ashish Kacholia already holds 2,88,185 shares, representing 2.67 percent of the company, acquired through a preferential issue at INR 1,388 per share, totaling INR 40 crore.
On the financial front, the company holds a market capitalisation of over INR 2,000 crore with a strong three-year stock price CAGR of 150 percent. For Q1FY26, net sales surged 99 percent to INR 118.43 crore, while net profit climbed 67 percent to INR 8.93 crore, compared to Q1FY25. In FY25, net sales rose 91 percent to INR 399 crore, and net profit increased 45 percent to INR 32 crore over FY24. Its current order book stands at INR 757 crore, including L1 orders.
The company’s shares currently deliver a 22 percent ROE and 28 percent ROCE, with multi-bagger returns of 340 percent in two years and an impressive 660 percent in three years.
Advait Energy Transitions, also known as Advait Infratech, operates across power transmission, substations and telecommunication infrastructure, with expertise in turnkey projects and specialised products.
Investor interest has been notable. On 11 June, 2025, veteran investor Vijay Kedia, through Kedia Securities, purchased 100,000 shares at Rs 1,725 per share, amounting to INR 17.25 crore. Fellow investor Ashish Kacholia already holds 2,88,185 shares, representing 2.67 percent of the company, acquired through a preferential issue at INR 1,388 per share, totaling INR 40 crore.
On the financial front, the company holds a market capitalisation of over INR 2,000 crore with a strong three-year stock price CAGR of 150 percent. For Q1FY26, net sales surged 99 percent to INR 118.43 crore, while net profit climbed 67 percent to INR 8.93 crore, compared to Q1FY25. In FY25, net sales rose 91 percent to INR 399 crore, and net profit increased 45 percent to INR 32 crore over FY24. Its current order book stands at INR 757 crore, including L1 orders.
The company’s shares currently deliver a 22 percent ROE and 28 percent ROCE, with multi-bagger returns of 340 percent in two years and an impressive 660 percent in three years.
Advait Energy Transitions, also known as Advait Infratech, operates across power transmission, substations and telecommunication infrastructure, with expertise in turnkey projects and specialised products.
If you want to cooperate with us and would like to reuse some of our content,
please contact: contact@energetica-india.net.
please contact: contact@energetica-india.net.