What Advait Energy promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 21 tracked 3 delivered 5 missed 13 open

Overall Revenue Growth delivered said Q3 FY25 Promised: 50% CAGR top line and bottom line growth Q4 FY26: For FY26, consolidated revenue grew 80% YoY to ₹714.52 crores, significantly exceeding both the original 50% CAGR target and the revised 40-45% guidance.
EBITDA Margin missed said Q3 FY25 Promised: Achieve EBITDA always between 15% to 17% Q4 FY26: Q4 FY26 consolidated EBITDA margin was 12.61%. Full year FY26 margin was 11.73%, remaining significantly below the original 15-17% target range.
Electrolyzer Manufacturing Capacity delayed said Q3 FY25 Promised: First 300 megawatts should be completed by year 2026 Q4 FY26: Management now states a 'multi-integrated manufacturing facility' will be operational by Q4 FY27, a further delay from the previously revised 'end of March '27' timeline.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 21 tracked commitments for Advait Energy — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens