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Adani Ports and Special Economic Zone Ltd

₹ 1,5060.53%
04 Dec – close price
🔗adaniports.com•BSE: 532921•NSE: ADANIPORTS
Market Cap₹ 3,25,231 Cr.
Current Price₹ 1,506
High / Low₹ 1,549
Stock P/E158
Book Value₹ 138
Dividend Yield0.46 %
ROCE8.85 %
ROE9.73 %
Face Value₹ 2.00
Sales₹ 8,209 Cr.
OPM64.6 %
Mar Cap₹ 3,25,231 Cr.

ABOUT

Adani Ports & Special Economic Zone is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra.

KEY POINTS

Largest port operator in IndiaThe company is the largest private port operator, having 15 ports with a total cargo handling capacity of 633 MMT. It also operates ports in Haifa (Israel), Dar es Salaam (Tanzania), and Colombo (Sri Lanka).[1]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsCapacity Expansion And ProductsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Adani Ports1505.60157.62325230.520.46449.47-21.442057.8414.168.858208.5764.572063.39449.4710.893.421.92
2.JSW Infrast268.4535.5756374.540.30368.81-2.761265.5926.3913.924954.4548.801585.05361.245.529.550.52
3.Guj Pipavav Port185.8820.908986.184.41158.3137.83299.3531.8524.891064.4658.38429.87126.114.1314.850.02
4.Allcargo Termi25.9123.75754.450.0011.30-3.44207.166.2911.59767.6818.3631.7611.302.453.752.09
5.VMS Industries28.6310.9870.071.750.47-34.7242.58-56.3112.14167.883.436.380.470.724.210.25
6.Starlog Enterp.38.74–57.980.00-3.45-275.962.03-39.58-2.0012.91-18.28-5.96-2.700.82-2.010.01
–Median: 4 Co.227.1629.6632680.360.38263.56-3.1782.4720.2712.753009.4553.591007.46243.684.826.651.22

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
1,3781,8872,1821,4271,8901,8391,3841,9642,1301,2211,5301,8032,058
Expenses
9807031,0924518226093918326651,399848536542
Operating Profit
3981,1841,0909761,0681,2299931,1321,465-1796811,2671,516
Other Income
428588521450852589-1005244955154165401,033
Profit before tax
238105995831,092734-4826995-451313872509
Tax %
51%35%32%32%29%31%-5,299%25%30%-34%37%34%12%
Net Profit
11525409394776505192623700-298196572449
EPS in Rs
0.052.431.891.823.592.340.892.883.24-1.410.912.652.08

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
4,3503,9094,6194,8796,5345,3364,6434,3774,2065,2376,8077,9118,209
Expenses
1,6121,3021,3121,3322,0251,5501,6281,5061,6531,9662,3822,6012,908
Operating Profit
2,7382,6073,3073,5474,5093,7873,0162,8712,5533,2714,4255,3095,300
Other Income
6827381,1731,2851,3102,2183,0302,9851,012-1,0061,5261,8552,638
Interest
7547098549981,5191,8673,4602,3272,4942,6802,7632,9444,437
Depreciation
456489519541471474553619600613656661662
Profit before tax
2,2102,1483,1063,2933,8293,6642,0322,910472-1,0282,5323,5602,838
Net Profit
2,0162,1832,9643,1012,4082,6381,9341,928148-4791,7382,4572,063
EPS in Rs
9.7410.5514.3114.9711.6312.749.529.490.70-2.228.0511.379.55
Dividend Payout %
10%10%8%9%17%2%34%53%716%-225%75%62%–

Compounded Profit Growth

10 Years:3%
5 Years:9%
3 Years:69%
TTM:-17%

Compounded Sales Growth

10 Years:7%
5 Years:11%
3 Years:23%
TTM:9%

Return on Equity

10 Years:11%
5 Years:8%
3 Years:10%
Last Year:10%

Stock Price CAGR

10 Years:19%
5 Years:27%
3 Years:19%
1 Year:19%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
414414414414414414406406422432432432432
Reserves
8,91910,78613,15216,45117,70319,91219,29221,22829,42228,10428,75629,83829,445
Borrowings
8,96011,76815,50820,20720,28525,16029,06634,11845,07547,81849,97351,74657,456
Other Liabilities
2,6122,8392,0552,1762,4311,9383,0482,8063,3303,3723,5944,4434,037
Total Liabilities
20,90425,80731,12939,24840,83447,42451,81358,55878,25079,72682,75586,45991,369
Fixed Assets
8,5378,4628,5248,3907,9579,07410,58310,28210,03910,19010,04111,35310,983
Gross Block
10,81111,3249,1029,4779,49910,99513,16313,44713,55114,25814,58016,522–
Accumulated Depreciation
2,2732,8625791,0871,5421,9212,5803,1643,5124,0684,5395,169–
CWIP
6616638571,4581,627775675590614638810941847
Investments
1,7864,9655,31310,41010,54213,95715,61621,69533,74845,97346,12552,39851,785
Other Assets
9,91911,71716,43618,99020,70823,61924,93925,99133,84922,92625,78021,76727,755
Total Assets
20,90425,80731,12939,24840,83447,42451,81358,55878,25079,72682,75586,45991,369

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
1,6021,9901,7132,3132,4113,2143,1703,0423,0122,7143,7435,471
Cash from Investing Activity
-2,314-3,556-2,954-4,181-550-2,403-31-7,967-8,803-4,025-1,994-2,533
Cash from Financing Activity
2501,9171,4981,717-1,9262,555-2,5813,8277,308-3,452-1,468-2,820
Net Cash Flow
-462351257-151-643,367558-1,0981,517-4,763281118

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
707012313418413116813694716760
Inventory Days
––––––––––––
Days Payable
––––––––––––
Cash Conversion Cycle
707012313418413116813694716760
Working Capital Days
21188-129154310-16-46-127125-191-290-198
ROCE %
17%14%15%13%15%13%12%10%7%7%7%9%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
65.13%61.03%62.89%65.53%65.89%65.89%65.89%65.89%65.89%65.89%65.89%65.89%
FIIs
13.77%17.99%16.99%13.83%14.72%14.98%15.19%15.22%13.94%13.43%13.53%13.61%
DIIs
14.46%13.02%12.45%13.27%12.01%11.84%12.48%13.26%14.20%14.73%15.15%15.03%
Public
6.62%7.95%7.66%7.37%7.39%7.30%6.44%5.62%5.96%5.94%5.46%5.48%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Adani Ports Reports 14% YoY Cargo Growth in Nov'25; Container Volumes Rise 20%

2nd December 2025, 9:03 AM

Adani Ports: CRISIL Reaffirms 'AAA/Stable' Ratings on Bank Facilities and NCDs, Affirms 'A1+' on Commercial Paper

20th November 2025, 10:27 PM

Adani Ports to Engage Investors at Adani Annual Conference in Singapore (Nov 24-25, 2025)

18th November 2025, 11:36 AM

Adani Ports Signs TNFD as Adopter, Commits to Nature-Related Disclosures from FY26

12th November 2025, 11:01 AM

Adani Ports: Transcript of Q2 FY26 Earnings Call Made Available on November 10, 2025

10th November 2025, 12:15 PM

Published by Other Websites

External media mentions & references

LIC’s total investments in Adani Group stand at Rs 48,284 crore, says finance minister

5th December 2025, 12:40 AM

Nifty may march towards 26200 in short-term; analysts bet on HCL Tech, IndusInd Bank, Adani Ports, Hindustan Copper

4th December 2025, 10:29 AM

3 ‘Buy’ recommendations by Motilal Oswal, with up to 18% upside potential

4th December 2025, 6:25 AM

Andhra CM reviews infra projects with Adani

4th December 2025, 5:16 AM

Stock markets drop for 4th session amid FII outflows

4th December 2025, 2:13 AM

News Articles

Editorial & research coverage

LIC’s total investments in Adani Group stand at Rs 48,284 crore, says finance minister
LIC’s total investments in Adani Group stand at Rs 48,284 crore, says finance minister

5th December 2025, 12:40 AM

Nifty may march towards 26200 in short-term; analysts bet on HCL Tech, IndusInd Bank, Adani Ports, Hindustan Copper
Nifty may march towards 26200 in short-term; analysts bet on HCL Tech, IndusInd Bank, Adani Ports, Hindustan Copper

4th December 2025, 10:29 AM

Andhra CM reviews infra projects with Adani
Andhra CM reviews infra projects with Adani

4th December 2025, 5:16 AM

Sensex, Nifty extend losses for fourth day amid FII selling and profit booking
Sensex, Nifty extend losses for fourth day amid FII selling and profit booking

3rd December 2025, 10:53 AM

Markets end in the red: Nifty slips below 26,100, Sensex falls 400 points as financials drag – Key highlights
Markets end in the red: Nifty slips below 26,100, Sensex falls 400 points as financials drag – Key highlights

2nd December 2025, 10:36 AM

Documents

Announcements

APSEZL - Operational Performance Update

2d - APSEZ handled 41 MMT in Nov'25 (+14% YoY); YTD 325.4 MMT (+11%); Nov rail 51,042 TEUs.

Announcement under Regulation 30 (LODR)-Credit Rating

20 Nov - Adani Ports: CRISIL reaffirmed ratings — Rs10,020cr bank (AAA/Stable); Rs17,252cr NCDs (AAA/Stable); Rs6,700cr CP (A1+).

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcement under Regulation 30 (LODR)-Press Release / Media Release

12 Nov - APSEZ adopts TNFD; will report TNFD-aligned nature disclosures from FY26; cites 4,200ha afforested.

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

10 Nov - Transcript of earnings call for quarter and H1 ended September 30, 2025 (call held Nov 4, 2025).

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from nse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

20 Nov from crisil

Rating update

18 Jul from icra

Rating update

7 Jul from care

Rating update

29 Apr from care

Rating update

29 Apr from crisil

Rating update

29 Nov 2024 from crisil

Concalls

Nov 2025

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