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Smart meter biz to boost Adani Energy's Ebitda

Financial Express Kochi

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April 08, 2025

SMART METERING BUSINESS will help Adani Energy Solutions (AESL) boost its earnings before interest, depreciation and amortisation (Ebitda) said rating agencies and analysts tracking the company.

- RAGHAVENDRA KAMATH

With smart meters, the company can monitor and predict power consumption patterns over micro geographies and hence manage retail distribution better.

AESL has a 17% market share in the segment with 23 million meters.

Rating firm Fitch expects that the Ebitda contribution from smart metering business to reach above 25% in FY26. It was nil in FY24 and 15% in FY25, considering the fast cash conversion cycle.

FLERE HISTORIER FRA Financial Express Kochi

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