Adani Ports & Special Economic Zone Ltd

Adani Ports & Special Economic Zone Ltd

1,750.00
INR
+1.20
(+0.07%)
59.53EPS
30.39P/E
4.17TMarket Cap
Oct 28Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
22.26
28.19
34.3
38.96
52.93
50.47
52.49
61.16
78.62
96.53
123.65
141.08
176.14
180.63
Basic EPS, GAAP
8.45
11.18
13.99
18.89
17.74
19.27
18.35
24.58
22.62
24.58
37.55
51.35
58.23
59.56
Free Cash Flow per Basic Share
-0.55
6.07
1.23
1.52
13.89
14.92
18.43
25.61
30.59
12.77
35.19
42.49
22.9
- -
Dividend per Share
1.01
1
2.2
- -
1.3
2.02
3.41
- -
4.75
5.06
5
6.19
6.98
- -
Book Value per Share
42.34
54.48
65.2
83.83
100.93
117.69
125.3
150.65
198.77
210.89
245.1
289.03
417.22
- -
Tangible Book Value per Share
41.6
33.2
43.87
62.63
80.53
91.9
99.57
103.5
112.18
124.91
160.89
197.84
296.53
- -
Basic Weighted Avg Shares
2,058
2,070
2,071
2,071
2,071
2,071
2,051
2,032
2,160
2,160
2,160
2,160
2,199
2,236
Sales/Revenue/Turnover
45,813
58,362
71,025
80,683
109,609
104,512
107,674
124,255
169,791
208,519
267,106
304,753
387,358
403,891
Operating Margin (%)
51
53.34
50.75
54.02
54.67
55.03
50.94
47.68
43.85
45.62
45.5
46.32
45.05
44.26
Depreciation Expense
6,495
9,117
10,630
11,602
11,884
13,735
16,803
21,073
30,993
34,247
38,885
43,789
55,174
- -
Net Income, GAAP
17,396
23,143
28,972
39,115
36,736
39,902
37,631
49,943
48,860
53,089
81,106
110,923
128,062
133,176
Effective Tax Rate (%)
11.97
7.07
9.08
6.86
29.5
21.1
10.82
19.76
13.36
1.75
15.2
15.11
13.92
13.93
Profit Margin (%)
37.97
39.65
40.79
48.48
33.52
38.18
34.95
40.19
28.78
25.46
30.36
36.4
33.06
32.97
Working Capital
27,453
18,602
-8,373
53,515
102,779
42,795
71,234
56,719
67,197
50,663
10,094
-20,419
62,145
- -
LT Debt
112,951
132,582
157,495
179,161
205,444
198,353
266,515
335,455
415,599
490,785
404,792
410,709
580,479
- -
Total Equity
89,118
114,193
136,295
176,652
212,184
247,481
258,431
320,732
423,810
469,170
545,430
649,733
989,815
- -
Return on Invested Capital (%)
10.78
11.54
10.28
10.81
10.03
9.47
8.97
7.85
7.84
8.63
9.86
11.19
10.66
- -
Return on Capital (%)
11.89
13.59
12.35
13.54
11.03
10.7
10.11
10.72
8.94
8.19
10.26
12.19
11.53
- -
Return on Common Equity (%)
22.95
23.09
23.38
25.35
19.2
17.63
15.1
17.82
13.46
12.13
16.47
19.23
16.15
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
51,883
- -
LT Borrowings
- -
502,613
- -
LT Finance Leases
- -
77,866
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,304
2,304
2,304
Market Capitalization
3,386,359
3,024,177
4,170,627

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
219,748
- -
Cash, Cash Equivalents & STI
- -
73,098
- -
Accounts Receivable, Net
- -
63,825
- -
Inventories
- -
6,850
- -
Total Current Liabilities
- -
157,604
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
51,883
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.54%
26.11%
52.34%
Free Cash Flow
102.5%
23.97%
-45.13%
Net Income, GAAP
17.6%
22.29%
15.45%
Sales/Revenue/Turnover
19.2%
25.75%
27.11%
Total Cash Common Dividend
48,571.88%
89,262.7%
14.9%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
69,563
70,670
79,636
84,884
304,753
2026
91,261
- -
97,046
107,376
387,358
2027
108,208
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
14.41
11.32
11.67
13.95
51.35
2026
15.34
- -
14.04
14.45
58.23
2027
15.71
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
6.19
2026
- -
- -
- -
- -
6.98
2027
- -
- -
- -
- -
- -

Company Description

CEO
Ashwani Gupta
Full Time Employees
50,822
Sector
Transportation
Industry
Other transportation
Address
Adani Corporate House Ahmedabad India 382421
IPO Date
Nov 27, 2007
Business
Adani Ports and Special Economic Zone Limited (APSEZ) operates as India's largest private port developer and integrated logistics company, managing a network of 15 ports and terminals across seven maritime states including Gujarat, Maharashtra, Andhra Pradesh, Tamil Nadu and Odisha; it handles diverse cargo types such as dry bulk, liquid, crude, containers, breakbulk and project cargo through specialized facilities like Mundra Port's coal import terminal, container terminals and single-point moorings. The company provides comprehensive port services encompassing cargo handling, storage solutions including temperature-controlled warehousing, dredging with a fleet of 19 dredgers, marine services such as pilotage and mooring, and integrated logistics via subsidiary Adani Logistics Ltd which operates 11 logistics parks, inland container depots, rail operations under Category 1 Indian Railways license, warehousing spanning 14.9 lakh square feet and supply chain management for sectors like e-commerce, pharmaceuticals and FMCG. APSEZ also develops special economic zones (SEZs), free trade and warehousing zones (FTWZ) and domestic industrial zones, with the flagship Mundra SEZ covering over 8,000 hectares offering multi-product investment opportunities; its operations extend internationally to ports in Israel (Haifa), Sri Lanka (Colombo West International Terminal), Tanzania (Dar es Salaam) and a planned facility in Vietnam, supported by a total cargo capacity of 627 million tonnes per annum (MMTPA). Founded in 1998 and headquartered in Ahmedabad, Gujarat as part of the Adani Group, APSEZ targets industrial, trading and logistics customers across India and emerging markets with a focus on hinterland connectivity via rail, road and coastal routes. Recent developments include the acquisition of Gopalpur Port in Odisha for Rs 3,080 crore in March 2024 to bolster east coast presence and achieve cargo parity between India's eastern and western coasts; the purchase of an 80% stake in Astro Offshore for $185 million in August 2024 to expand marine services and add Tier-1 customers; expansion of strategic partnership with Mediterranean Shipping Company (MSC) announced in December 2023; and adoption of Taskforce on Nature-related Financial Disclosures in November 2025 committing to nature-related reporting from FY26, alongside handling 420 million metric tonnes (MMT) of cargo in FY24 with 14% year-on-year volume growth in November 2025.