Since our listing on the BSE SME platform in 2020 and migration to the BSE Main Board in 2023, Advait has consistently advanced in operations and performance. The fiscal year 2023-24 continued this trend, with our company maintaining strong growth despite global and domestic challenges, demonstrating our resilience and dedication to stakeholders.
Our team’s relentless efforts have culminated in an outstanding performance across all metrics. On a consolidated basis, our revenue from operations increased by 113.46%, while EBITDA grew by 145.29%. We reported a robust EBITDA margin of 17.30% and a Return on Capital Employed of 26.70%, underscoring our unwavering commitment to creating value for all stakeholders.
Our vision is to be a world-class leader in industries that enrich lives and contribute to Atmanirbhar Bharat. Through relentless innovation and strategic business development, we are continuously setting new benchmarks in power transmission, energy transition, sustainability solutions, and renewable energy. Our commitment is not just to lead but to pioneer advancements that will shape the future. We remain steadfast on this journey towards accelerating India’s energy transition.
As we move into the new year, we have excellent momentum in our business and are very well-positioned in the marketplace. With our highly differentiated capabilities, the significant investments we are making, and our disciplined business management, I am very confident in our ability to continue gaining market share and delivering value for all our stakeholders.
We have excellent business momentum and are well-positioned in the current marketplace. With our highly differentiated capabilities, the significant investments we are making, and our disciplined business management, I am very confident in our ability to continue gaining market share and delivering value for all our stakeholders.”
At Advait Energy Transitions Limited, we believe that the heart of our success lies in the well-being and satisfaction of our employees. As we reflect on the past year and look ahead to the future, it is essential to recognise the pivotal role our team plays in driving our vision forward. We recognise that the success of our company is intricately linked to the well-being and satisfaction of our team members. Therefore, we are dedicated to creating a work environment that fosters happiness and personal growth and cultivates a profound sense of belonging.
Our commitment extends beyond the traditional workplace setting. We actively engage in activities that build camaraderie and strengthen our team spirit, such as team outings, wellness programs, and initiatives designed to promote work-life balance. These efforts are aimed at ensuring that our employees feel valued and supported, both professionally and personally.
Our leadership team plays a vital role in this endeavour, maintaining an open-door policy that encourages open dialogue and collaboration across all levels of the organisation. We believe that when our employees feel truly supported and appreciated, they are more likely to excel and contribute positively towards achieving our company’s goals.
As we look to the future, our focus remains on further enhancing these initiatives to empower and motivate every individual at Advait Energy Transitions Limited. Our commitment to a culture of care and inclusivity is what distinguishes us and will continue to drive our collective success in the years ahead.
As we look towards the future of India, Advait Energy Transitions Limited remains steadfast in our mission to contribute to the nation’s self-reliance by 2047. We envision a future where our country stands as a beacon of innovation and sustainability and are dedicated to playing a pivotal role in this transformative journey.
Central to our vision is the harnessing of the immense potential within our youth. We are actively working to encourage talented individuals, particularly those who have studied and gained experience abroad, to return and contribute to India’s growth. Our approach to talent acquisition goes beyond merely filling positions; it is about nurturing future leaders who will drive innovation and progress across various sectors.
In our pursuit of excellence, we are equally committed to fostering an inclusive work environment that supports all our team members. We recognise the unique challenges faced by married women in balancing career and family responsibilities. Our initiatives are designed to create opportunities that empower women, allowing them to thrive professionally while contributing significantly to our collective goals.
Sustainability is at the core of our values. We are dedicated to advancing green energy solutions and implementing carbon sustainability practices. Our investments in sustainable technologies not only power our projects but also play a crucial role in ensuring a cleaner, greener planet for future generations.
Together, we are working to build an India that is not only self-reliant but also a global leader in sustainability. At Advait Energy Transitions Limited, our commitment to these principles will continue to guide our efforts and drive us towards a brighter, more sustainable future.
Meet the driving force behind Advait Energy Transitions Limited Pvt Ltd – a dynamic team of visionaries, innovators, and dedicated professionals. Together, we are committed to shaping a future where excellence meets innovation in every project we undertake.
