Adani Enterprises Limited Share Price & Analysis
Price Chart
Fundamentals
Concerns
- ✗Negative return on equity (ROE -3.4%)
- ✗Premium to sector peers (P/E 120x vs industry 32.2x)
- ✗Trading near 52-week high (₹3,029)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| JSWSTEEL JSW Steel Limited | ₹1,287 | ₹3.2L Cr | 35.2 | 3.15 | 10.1 | 10.9 | 1.22 |
| HINDZINC Hindustan Zinc Limited | ₹569 | ₹2.6L Cr | 19.1 | 10.61 | 76.8 | 69.6 | 0.39 |
| TATASTEEL Tata Steel Limited | ₹207 | ₹2.6L Cr | 22.9 | 2.53 | 11.9 | 12.6 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹1,092 | ₹2.6L Cr | 14.7 | 1.8 | 13.5 | 13.7 | 0.56 |
| VEDL Vedanta Limited | ₹317 | ₹1.3L Cr | 15.1 | 2.5 | 19 | 16.5 | 2.12 |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,183 | ₹1.2L Cr | 30.5 | 2.37 | 8.22 | 9.7 | 0.39 |
| LLOYDSME Lloyds Metals And Energy Limited | ₹1,779 +0.17% | ₹1.0L Cr | 27.6 | 7.39 | 36.6 | 27.3 | 1.45 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ADANIENT · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 72.61% | 72.61% | 74.72% | 74.89% | 73.97% | 73.97% |
| FII | 14.65% | 14.41% | 11.73% | 11.31% | 11.72% | 11.71% |
| DII | 5.44% | 5.77% | 6.02% | 6.46% | 6.61% | 6.86% |
| Public | 7.30% | 7.22% | 7.53% | 7.36% | 7.68% | 7.45% |
Corporate Events
Dividend - Rs 1.30 Per Share
To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
Rights 3:25 @ Premium Rs 1799/-
Dividend - Rs 1.30 Per Share
Dividend - Rs 1.30 Per Share
Dividend - Rs 1.20 Per Share
Latest News
All news →Adani Group reports record $16B capex, ₹94,834Cr EBITDA in FY26
*Adani Group reports record $16B capex, ₹94,834Cr EBITDA in FY26*. The conglomerate announced a record capital expenditure of **$16 billion** and achieved an all-time high EBITDA of **₹94,834 crore** in FY26. This signals aggressive expansion and strong operational performance across its energy, ports, and infrastructure businesses. Investor focus shifts to debt levels and project execution timelines. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIGREEN, ADANITRANS, ADANIPOWER | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
Adani Group reports highest-ever capex by Indian corporate
*Adani Group reports highest-ever capex by Indian corporate.* The conglomerate has announced a record capital expenditure of **₹4.3 lakh crore** across its portfolio companies, marking the largest capex by any Indian corporate. This massive investment is focused on green energy, ports, transmission, and gas infrastructure. The move signals strong long-term growth ambitions and could influence sectoral F&O activity. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIGREEN, ADANITRANS, ATGL | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
Adani Group plans record capex in FY26.
*Adani Group plans record capex in FY26.* The conglomerate aims to spend over **$10 billion** in FY26, marking the highest planned capex by any Indian corporate. This massive investment is spread across ports, energy, and green infrastructure. Expansion signals strong long-term growth intent across its listed entities. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIPOWER, ADANIGREEN, ADANITRANS, ATGL, AMBUJACEM, UNIONCEM | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Capex #Adani #Infrastructure
Adani stocks surge, recouping losses post-Hindenburg report
*Adani stocks surge, recouping losses post-Hindenburg report* — Adani group companies extended their rally, with **Adani Enterprises up 15%** and **Adani Green Energy up 22%** in a week, recovering much of the **$150 billion** lost after the 2023 Hindenburg report. Institutional buying and reduced short interest fueled the rebound. Recent clarifications from the group and strong volume trades signaled renewed investor confidence. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIGREEN, ADANITRANS, ATGL, ADANIPOWER, AMBUJACEM, NDTV | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Adani
SEBI issues notice to Hindenburg over Adani trading violations
*SEBI issues notice to Hindenburg, Nathan Anderson & other entities for trading violations in scrip of Adani Enterprises Ltd.* The move signals a potential regulatory crackdown on alleged manipulative trading practices linked to the **$2.7 billion short bet**. This could lead to legal consequences and impact market sentiment around Adani Group stocks. Traders should monitor for volatility ahead of any official outcome. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #SEBI
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹24.8K Cr ▲16.8% | ₹21.2K Cr ▼3.2% | ₹22.0K Cr ▼18.6% | ₹27.0K Cr ▲18.0% | ₹22.8K Cr ▲1.1% | ₹22.6K Cr ▼11.2% | ₹25.5K Cr ▼12.7% | ₹29.2K Cr |
| Op. Profit | ₹3.6K Cr ▲10.1% | ₹3.3K Cr ▼0.1% | ₹3.3K Cr ▼10.8% | ₹3.7K Cr ▲20.8% | ₹3.1K Cr ▼18.5% | ₹3.8K Cr ▲1.6% | ₹3.7K Cr ▲16.0% | ₹3.2K Cr |
| OPM | 15.0% ▼6.3% | 16.0% ▲6.7% | 15.0% ▲7.1% | 14.0% ▲7.7% | 13.0% ▼23.5% | 17.0% ▲13.3% | 15.0% ▲36.4% | 11.0% |
| Net Profit | ₹5.7K Cr ▲67.8% | ₹3.4K Cr ▲249.8% | ₹976 Cr ▼75.7% | ₹4.0K Cr ▲1653.3% | ₹229 Cr ▼88.5% | ₹2.0K Cr ▲12.2% | ₹1.8K Cr ▲403.4% | ₹352 Cr |
| EPS (₹) | 43.53 ▲75.9% | 24.74 ▲335.6% | 5.68 ▼80.9% | 29.74 ▲6508.9% | 0.45 ▼96.7% | 13.64 ▲19.8% | 11.39 ▲222.7% | 3.53 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.0L Cr ▲2.6% | ₹97.9K Cr ▲1.5% | ₹96.4K Cr ▼24.4% | ₹1.3L Cr ▲83.7% | ₹69.4K Cr ▲75.6% | ₹39.5K Cr ▼8.9% | ₹43.4K Cr ▲7.5% | ₹40.4K Cr ▲12.4% | ₹35.9K Cr ▼1.7% | ₹36.5K Cr |
| Expenses | ₹86.5K Cr ▲3.4% | ₹83.6K Cr ▼1.6% | ₹85.0K Cr ▼28.4% | ₹1.2L Cr ▲80.7% | ₹65.7K Cr ▲77.4% | ₹37.0K Cr ▼9.9% | ₹41.1K Cr ▲7.0% | ₹38.4K Cr ▲13.3% | ₹33.9K Cr ▼2.2% | ₹34.6K Cr |
| Op. Profit | ₹14.0K Cr ▼1.8% | ₹14.3K Cr ▲25.3% | ₹11.4K Cr ▲29.0% | ₹8.8K Cr ▲137.4% | ₹3.7K Cr ▲48.2% | ₹2.5K Cr ▲9.2% | ₹2.3K Cr ▲16.5% | ₹2.0K Cr ▼3.4% | ₹2.0K Cr ▲7.2% | ₹1.9K Cr |
| OPM | 14.0% ▼6.7% | 15.0% ▲25.0% | 12.0% ▲71.4% | 7.0% ▲40.0% | 5.0% ▼16.7% | 6.0% ▲20.0% | 5.0% ▲0.0% | 5.0% ▼16.7% | 6.0% ▲20.0% | 5.0% |
| Other Income | ₹11.7K Cr ▲82.6% | ₹6.4K Cr ▲458.7% | ₹1.1K Cr ▲37.4% | ₹834 Cr ▼17.6% | ₹1.0K Cr ▲104.9% | ₹494 Cr ▼43.3% | ₹872 Cr ▲73.0% | ₹504 Cr ▲38.8% | ₹363 Cr ▼51.5% | ₹749 Cr |
| Interest | ₹6.0K Cr ▲0.7% | ₹6.0K Cr ▲31.2% | ₹4.6K Cr ▲14.8% | ₹4.0K Cr ▲57.1% | ₹2.5K Cr ▲83.4% | ₹1.4K Cr ▼12.4% | ₹1.6K Cr ▼3.3% | ₹1.6K Cr ▲30.0% | ₹1.3K Cr ▼0.6% | ₹1.3K Cr |
| Depreciation | ₹6.1K Cr ▲45.7% | ₹4.2K Cr ▲38.4% | ₹3.0K Cr ▲24.9% | ₹2.4K Cr ▲95.2% | ₹1.2K Cr ▲132.4% | ₹537 Cr ▲13.8% | ₹472 Cr ▲21.0% | ₹390 Cr ▼41.3% | ₹664 Cr ▲110.8% | ₹315 Cr |
| PBT | ₹13.5K Cr ▲29.2% | ₹10.5K Cr ▲112.5% | ₹4.9K Cr ▲51.7% | ₹3.2K Cr ▲241.1% | ₹952 Cr ▼12.3% | ₹1.1K Cr ▼3.2% | ₹1.1K Cr ▲144.4% | ₹459 Cr ▼5.7% | ₹487 Cr ▼54.9% | ₹1.1K Cr |
| Tax % | 28.0% ▲0.0% | 28.0% ▼15.2% | 33.0% ▲3.1% | 32.0% ▼36.0% | 50.0% ▲61.3% | 31.0% ▲6.9% | 29.0% ▼9.4% | 32.0% ▲39.1% | 23.0% ▼8.0% | 25.0% |
| Net Profit | ₹10.0K Cr ▲24.3% | ₹8.0K Cr ▲140.0% | ₹3.3K Cr ▲37.7% | ₹2.4K Cr ▲207.4% | ₹788 Cr ▼24.7% | ₹1.0K Cr ▲0.6% | ₹1.0K Cr ▲105.5% | ₹506 Cr ▼14.8% | ₹594 Cr ▼35.8% | ₹925 Cr |
| EPS (₹) | 72.31 ▲31.4% | 55.02 ▲116.9% | 25.37 ▲31.5% | 19.3 ▲206.3% | 6.3 ▼15.9% | 7.49 ▼18.9% | 9.24 ▲58.8% | 5.82 ▼5.4% | 6.15 ▼23.3% | 8.02 |
| Div Payout | 2.0% ▲0.0% | 2.0% ▼60.0% | 5.0% ▼16.7% | 6.0% ▼57.1% | 14.0% ▲16.7% | 12.0% ▲20.0% | 10.0% ▲66.7% | 6.0% ▲0.0% | 6.0% ▲50.0% | 4.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹115 Cr ▲0.0% | ₹115 Cr ▲0.9% | ₹114 Cr ▲0.0% | ₹114 Cr ▲3.6% | ₹110 Cr ▲0.0% | ₹110 Cr ▲0.0% | ₹110 Cr ▲0.0% | ₹110 Cr ▲0.0% | ₹110 Cr ▲0.0% | ₹110 Cr |
| Reserves | ₹53.9K Cr ▲7.5% | ₹50.2K Cr ▲28.8% | ₹39.0K Cr ▲18.3% | ₹32.9K Cr ▲48.7% | ₹22.1K Cr ▲29.9% | ₹17.0K Cr ▲1.3% | ₹16.8K Cr ▲15.0% | ₹14.6K Cr ▼2.2% | ₹15.0K Cr ▲6.8% | ₹14.0K Cr |
| Borrowings | ₹1.1L Cr ▲19.2% | ₹91.8K Cr ▲40.6% | ₹65.3K Cr ▲22.8% | ₹53.2K Cr ▲27.9% | ₹41.6K Cr ▲156.4% | ₹16.2K Cr ▲30.7% | ₹12.4K Cr ▲10.5% | ₹11.2K Cr ▼36.3% | ₹17.6K Cr ▼15.4% | ₹20.8K Cr |
| Other Liabilities | ₹57.9K Cr ▲3.9% | ₹55.7K Cr ▼0.9% | ₹56.2K Cr ▲2.1% | ₹55.0K Cr ▲45.9% | ₹37.7K Cr ▲106.9% | ₹18.2K Cr ▲4.1% | ₹17.5K Cr ▲5.9% | ₹16.5K Cr ▼30.2% | ₹23.7K Cr ▲87.5% | ₹12.6K Cr |
| Total Liabilities | ₹2.2L Cr ▲11.9% | ₹2.0L Cr ▲23.2% | ₹1.6L Cr ▲13.7% | ₹1.4L Cr ▲39.1% | ₹1.0L Cr ▲96.8% | ₹51.6K Cr ▲10.1% | ₹46.9K Cr ▲10.2% | ₹42.5K Cr ▼24.6% | ₹56.4K Cr ▲18.5% | ₹47.6K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.0L Cr ▲32.1% | ₹77.3K Cr ▲17.1% | ₹66.0K Cr ▲16.0% | ₹56.9K Cr ▲88.8% | ₹30.1K Cr ▲177.9% | ₹10.8K Cr ▲3.5% | ₹10.5K Cr ▲16.1% | ₹9.0K Cr ▼14.5% | ₹10.6K Cr ▼22.8% | ₹13.7K Cr |
| CWIP | ₹41.3K Cr ▼19.8% | ₹51.5K Cr ▲46.4% | ₹35.2K Cr ▲46.4% | ₹24.0K Cr ▲2.0% | ₹23.5K Cr ▲166.8% | ₹8.8K Cr ▲20.1% | ₹7.3K Cr ▲27.4% | ₹5.8K Cr ▲4.3% | ₹5.5K Cr ▼28.5% | ₹7.7K Cr |
| Investments | ₹10.0K Cr ▲1.4% | ₹9.9K Cr ▲13.6% | ₹8.7K Cr ▲37.9% | ₹6.3K Cr ▲47.0% | ₹4.3K Cr ▼22.0% | ₹5.5K Cr ▲181.9% | ₹2.0K Cr ▲29.2% | ₹1.5K Cr ▲3.4% | ₹1.5K Cr ▲40.2% | ₹1.0K Cr |
| Other Assets | ₹68.0K Cr ▲14.9% | ₹59.2K Cr ▲16.7% | ₹50.7K Cr ▼6.2% | ₹54.1K Cr ▲23.9% | ₹43.6K Cr ▲64.9% | ₹26.5K Cr ▼2.4% | ₹27.1K Cr ▲3.3% | ₹26.2K Cr ▼32.5% | ₹38.9K Cr ▲54.4% | ₹25.2K Cr |
| Total Assets | ₹2.2L Cr ▲11.9% | ₹2.0L Cr ▲23.2% | ₹1.6L Cr ▲13.7% | ₹1.4L Cr ▲39.1% | ₹1.0L Cr ▲96.8% | ₹51.6K Cr ▲10.1% | ₹46.9K Cr ▲10.2% | ₹42.5K Cr ▼24.6% | ₹56.4K Cr ▲18.5% | ₹47.6K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹4.5K Cr ▼56.2% | ₹10.3K Cr ▼41.5% | ₹17.6K Cr ▲1172.6% | ₹1.4K Cr ▼65.7% | ₹4.0K Cr ▲64.8% | ₹2.5K Cr ▼24.2% | ₹3.2K Cr ▲10.0% | ₹2.9K Cr ▲280.1% | ₹774 Cr ▼84.9% | ₹5.1K Cr |
| Investing CF | ₹-25.7K Cr ▼37.0% | ₹-18.8K Cr ▼21.4% | ₹-15.5K Cr ▲9.3% | ₹-17.0K Cr ▼97.9% | ₹-8.6K Cr ▼695.8% | ₹-1.1K Cr ▼143.5% | ₹2.5K Cr ▲132.5% | ₹-7.6K Cr ▼423.9% | ₹-1.5K Cr ▲20.0% | ₹-1.8K Cr |
| Financing CF | ₹21.9K Cr ▲147.2% | ₹8.9K Cr ▲841.2% | ₹-1.2K Cr ▼107.5% | ₹15.9K Cr ▲411.5% | ₹3.1K Cr ▲1506.8% | ₹-221 Cr ▲96.4% | ₹-6.2K Cr ▼220.3% | ₹5.1K Cr ▲615.1% | ₹716 Cr ▲120.8% | ₹-3.4K Cr |
| Net Cash Flow | ₹751 Cr ▲77.1% | ₹424 Cr ▼56.3% | ₹970 Cr ▲294.3% | ₹246 Cr ▲116.9% | ₹-1.5K Cr ▼226.8% | ₹1.2K Cr ▲364.0% | ₹-436 Cr ▼205.6% | ₹413 Cr ▲1276.7% | ₹30 Cr ▲118.6% | ₹-161 Cr |
| Free Cash Flow | ₹-24.3K Cr ▼103.6% | ₹-11.9K Cr ▼501.5% | ₹3.0K Cr ▲129.0% | ₹-10.3K Cr ▼1600.0% | ₹684 Cr ▲355.2% | ₹-268 Cr ▼118.2% | ₹1.5K Cr ▲133.8% | ₹-4.4K Cr ▼29.0% | ₹-3.4K Cr ▼333.5% | ₹-778 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 36d ▼2.7% | 37d ▲2.8% | 36d ▼50.0% | 72d ▼35.1% | 111d ▲0.0% | 111d ▼14.0% | 129d ▲4.9% | 123d ▼3.1% | 127d ▲16.5% | 109d |
| Inventory Days | 73d ▲5.8% | 69d ▲155.6% | 27d ▼41.3% | 46d ▲119.0% | 21d ▼22.2% | 27d ▼6.9% | 29d ▲3.6% | 28d ▲47.4% | 19d ▲11.8% | 17d |
| Days Payable | 148d ▼16.9% | 178d ▲60.4% | 111d ▼7.5% | 120d ▼15.5% | 142d ▲12.7% | 126d ▼5.3% | 133d ▲27.9% | 104d ▲3.0% | 101d ▲46.4% | 69d |
| Cash Conv. Cycle | -39d ▲45.8% | -72d ▼46.9% | -49d ▼2350.0% | -2d ▲80.0% | -10d ▼190.9% | 11d ▼57.7% | 26d ▼44.7% | 47d ▲2.2% | 46d ▼19.3% | 57d |
| Working Capital Days | -59d ▲3.3% | -61d ▼60.5% | -38d ▲57.3% | -89d ▼187.1% | -31d ▼47.6% | -21d ▼110.0% | -10d ▼25.0% | -8d ▲57.9% | -19d ▼850.0% | -2d |
| ROCE | 9.0% ▼10.0% | 10.0% ▲11.1% | 9.0% ▲28.6% | 7.0% ▼12.5% | 8.0% ▼11.1% | 9.0% ▲28.6% | 7.0% ▲16.7% | 6.0% ▼14.3% | 7.0% ▲133.3% | 3.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Adani Enterprises Limited
Adani Enterprises Ltd has business interests in various economic areas such as mining, integrated resources management (IRM), infrastructure such as airports, roads, rail/ metro, water, data centres, solar manufacturing, agro and defence.[1]
Metals & Mining · Metals & Minerals Trading