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Adani Ports and Special Economic Zone Limited ADANIPORTS NIFTY50NSEINFRA

Industrials · Marine Shipping · India
https://www.adaniports.com

Adani Ports and Special Economic Zone Limited, together with its subsidiaries, develops, operates, and maintains port infrastructure in India. The company is involved in the operation of ports and terminals, including bulk and break bulk, container, liquid, LPG, LNG, and crude cargo; ports related infrastructure development activities; and development of infrastructure at contiguous Special Economic Zone at Mundra. It also offers logistic services, which include logistic parks, container rail and bulk cargo logistic solutions, and warehousing, as well as auto, road, and agriculture logistic services. In addition, the company operates a fleet of dredging and reclamation service equipment comprising cutter suction, trailing suction hopper, grab, inland cutter suction, water injection, and specialized dredgers; split hopper, flat top, and jack up barges; and multi utility craft, survey vessels, floating crane, drag flow unit, and floating booster, as well as dozers, excavotors, loaders, and other equipment. Further, it provides non-scheduled passenger airline services; hospital and related services; and marine services, such as pilotage, laying, mooring of vessels at berth and mid-stream, and maintenance of buoys. Additionally, the company engages in the development, construction, operation, and maintenance of railway corridors; land development activities; integrated textile park and container freight station businesses; owns and operates harbour tugs, barges, other port crafts, ocean towage and offshore support vessels; and provision of cargo storage-cum logistics services. The company was incorporated in 1998 and is headquartered in Ahmedabad, India.

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₹1,804.60
+26.05% 1Y

Market & Price

Market Cap
₹4.16 L Cr
Current Price
₹1,804.60
High / Low (52W)
₹1,824.50 / ₹1,300.30
Beta
0.50

Valuation

Stock P/E
30.96
Industry PE
27.78
Forward P/E
23.27
PEG Ratio
-
Book Value
₹417.25
Price to Book
4.32
P/S
10.73
EV/EBITDA
21.16
Dividend Yield
0.42%

Profitability & Returns

ROCE
11.02%
ROE
15.59%
ROA
6.76%
Profit Margin
33.06%
Op Margin
41.18%
EPS (Latest Qtr)
₹14.45
EPS (TTM)
₹58.29

Balance Sheet & Liquidity

Debt/Equity
0.64
Quick Ratio
0.99
Current Ratio
1.39
Debt
₹63,398.99 Cr
Total Assets
₹1.85 L Cr
Current Assets
₹21,974.83 Cr
Working Capital
₹6,214.48 Cr

Ownership

Promoter Holding
68.05%
Chg in Prom Hold
0.00%
FII / Inst Holding
21.31%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
₹4.75 L Cr
Total Revenue (TTM)
₹38,735.77 Cr
EBITDA
₹22,443.61 Cr
Free Cash Flow
₹-3,192.01 Cr
Operating Cash Flow
₹20,356.25 Cr
Shares Outstanding
₹230.40 Cr
Gross Margin
64.40%
Payout Ratio
12.02%

Growth (CAGR)

Revenue 5Y
22.93%
Profit 5Y
34.11%
Revenue (YoY)
26.50%
Earnings (YoY)
3.60%

PROS

  • Excellent profit margin of 33.1%.
  • Compounding revenue at 22.9% over 5 years.
  • Profit CAGR of 34.1% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
4 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
5 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
6 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
7 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
8 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
9 SIEMENS Siemens Limited NSEAIINFRA 3,844.00 81.30 ₹1.37 L Cr 0.39% 16.46% - 3.04% 10.90%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue -7,963.55 Cr8,488.44 Cr9,126.14 Cr9,704.59 Cr10,737.58 Cr
Cost of Revenue -3,741.43 Cr4,022.75 Cr4,350.41 Cr4,827.94 Cr5,582.30 Cr
Gross Profit -4,222.12 Cr4,465.69 Cr4,775.73 Cr4,876.65 Cr5,155.28 Cr
Operating Expenses -525.82 Cr644.46 Cr535.31 Cr474.93 Cr750.14 Cr
Operating Income -3,696.30 Cr3,821.23 Cr4,240.42 Cr4,401.72 Cr4,405.14 Cr
EBITDA -3,778.55 Cr4,207.29 Cr4,630.28 Cr4,446.33 Cr5,076.47 Cr
Interest Expense -758.68 Cr675.36 Cr782.68 Cr835.61 Cr1,376.51 Cr
Pretax Income -3,019.87 Cr3,531.93 Cr3,847.60 Cr3,610.72 Cr3,699.96 Cr
Tax Provision -501.48 Cr508.83 Cr537.00 Cr567.79 Cr391.66 Cr
Net Income -2,520.26 Cr3,014.22 Cr3,314.59 Cr3,053.61 Cr3,328.96 Cr
Diluted EPS -11.6713.9515.3414.0414.45

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -20,851.91 Cr26,710.56 Cr30,475.33 Cr38,735.77 Cr
Cost of Revenue -9,061.76 Cr11,311.79 Cr14,457.34 Cr19,106.03 Cr
Gross Profit -11,790.15 Cr15,398.77 Cr16,017.99 Cr19,629.74 Cr
Operating Expenses -2,277.40 Cr3,245.57 Cr1,975.55 Cr2,295.71 Cr
Operating Income -9,512.75 Cr12,153.20 Cr14,042.44 Cr17,334.03 Cr
EBITDA -11,468.66 Cr16,693.70 Cr20,186.55 Cr24,198.64 Cr
Interest Expense -2,557.06 Cr2,711.51 Cr2,778.00 Cr3,832.70 Cr
Pretax Income -5,486.89 Cr10,093.73 Cr13,029.62 Cr14,848.56 Cr
Tax Provision -96.04 Cr1,534.58 Cr1,968.36 Cr2,066.53 Cr
Net Income -5,308.85 Cr8,110.64 Cr11,092.31 Cr12,806.21 Cr
Diluted EPS 22.6224.5837.5551.35-

Compounded Sales Growth

5 Years:22.93%
1 Year:26.50%

Compounded Profit Growth

5 Years:34.11%
1 Year:3.60%

Stock Price Performance

1 Year:+26.05%
6 Months:+21.45%
3 Months:+15.99%
1 Month:+8.64%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -1.15 L Cr1.19 L Cr1.35 L Cr1.85 L Cr
Current Assets -17,596.39 Cr17,472.36 Cr18,944.12 Cr21,974.83 Cr
Cash & Equivalents -1,121.11 Cr1,575.73 Cr3,406.32 Cr5,161.55 Cr
Inventory -451.97 Cr437.51 Cr521.80 Cr685.00 Cr
Receivables -3,957.07 Cr3,666.94 Cr4,432.36 Cr6,382.54 Cr
Total Liabilities -67,846.11 Cr64,374.87 Cr70,358.89 Cr86,333.28 Cr
Current Liabilities -12,530.12 Cr16,462.94 Cr20,985.99 Cr15,760.35 Cr
Long Term Debt -46,391.21 Cr37,525.88 Cr35,681.30 Cr50,424.16 Cr
Total Debt -52,442.84 Cr49,166.66 Cr51,304.82 Cr63,398.99 Cr
Total Equity -45,555.92 Cr52,944.77 Cr62,435.39 Cr96,125.30 Cr
Shares Outstanding -216.01 Cr216.01 Cr216.01 Cr230.40 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -11,899.50 Cr15,017.58 Cr17,226.28 Cr20,356.25 Cr
Investing Cash Flow --19,560.08 Cr-6,946.55 Cr-9,787.27 Cr-13,190.70 Cr
Financing Cash Flow --2,733.80 Cr-7,800.11 Cr-6,915.52 Cr-5,483.40 Cr
Capital Expenditure --9,141.04 Cr-7,416.30 Cr-8,048.92 Cr-15,320.31 Cr
Free Cash Flow -2,758.46 Cr7,601.28 Cr9,177.36 Cr5,035.94 Cr
Net Change in Cash --10,607.89 Cr270.92 Cr523.23 Cr1,682.15 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -56.5%57.7%52.6%50.7%
Operating Margin % -45.6%45.5%46.1%44.7%
Net Margin % -25.5%30.4%36.4%33.1%
ROE % -11.7%15.3%17.8%13.3%
ROCE % -9.3%11.9%12.3%10.2%

Shareholding Pattern

Insiders
68.05%
Institutions
21.31%
Public Float
66.71%

Analyst View

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