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 31.6x)
- ✗Trading near 52-week high (₹3,245)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| JSWSTEEL JSW Steel Limited | ₹1,264 | ₹3.0L Cr | 25.1 | 3.09 | 10.2 | 11 | 1.22 |
| TATASTEEL Tata Steel Limited | ₹186 | ₹2.3L Cr | 20.5 | 2.27 | 11.7 | 12.5 | 1.01 |
| HINDZINC Hindustan Zinc Limited | ₹535 | ₹2.2L Cr | 15.9 | 9.98 | 76.6 | 69.5 | 0.39 |
| HINDALCO Hindalco Industries Limited | ₹950 | ₹2.1L Cr | 12.6 | 1.56 | 13 | 13.2 | 0.56 |
| LLOYDSME Lloyds Metals And Energy Limited | ₹1,936 +1.49% | ₹1.1L Cr | 28.2 | 7.39 | 36.6 | 27.3 | 1.45 |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 25.9 | 2.1 | 8.22 | 9.7 | 0.39 |
| VEDL Vedanta Limited | ₹263 | ₹99K Cr | 5.71 | 2.07 | 38.2 | 16.1 | 2.12 |
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
To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
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 Enterprises receives credit rating update
*Adani Enterprises receives credit rating update.* The company filed a credit rating intimation with the NSE. Such updates are routine and typically reflect ongoing assessment by credit agencies. No immediate financial implications are indicated. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
Adani raises $10 billion for capex in one week
*Adani raises $10 billion for capex in one week* — The Adani Group secured **$10 billion** in funding within seven days through a series of debt and equity deals to accelerate its capital expenditure plans. The funds will boost renewable energy, ports, and transmission infrastructure expansion. This strengthens near-term growth outlook across group companies. 📊 *STOCKS:* ADANIENT, ADANIPORTS, ADANIGREEN, ADANITRANS, ADANIPOWER | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
Adani, IHC to form $11.5B aluminium JV in Odisha
*Adani, IHC to form $11.5B aluminium JV in Odisha*. Adani Enterprises and IHC Group's IRH will form a 50:50 joint venture for a **$11.5 billion** aluminium project in Odisha, aiming to integrate the state into the global supply chain. The project marks one of India’s largest greenfield investments in metals. It could significantly boost Adani’s industrial footprint and long-term revenue streams. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #JointVenture
Adani announces ₹2 lakh crore power capex
*Adani announces ₹2 lakh crore power capex*. Gautam Adani unveiled a massive **₹2 lakh crore** capex plan for the power sector during the Adani Group AGM, triggering a positive market reaction. Diamond Power shares rose **2%** on the news, signaling strong investor sentiment. The investment aims to bolster renewable and transmission infrastructure across India. 📊 *STOCKS:* ADANIGREEN, ADANITRANS, ADANIPOWER | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Capex
Five offshore funds challenge SEBI at SAT in Adani case
*Five offshore funds challenge SEBI at SAT in Adani case.* Reports indicate that five foreign funds have moved the Securities Appellate Tribunal (SAT) against SEBI’s actions in the ongoing Adani-Hindenburg matter. A hearing is scheduled today, marking a critical legal development. This could influence market sentiment on Adani group stocks. 📊 *STOCKS:* | 🏢 *SECTOR:* Legal | #HIGHIMPACT #Adani
Adani Group to invest ₹1.53 lakh crore in FY26
*Adani Group to invest ₹1.53 lakh crore in FY26.* This marks a record capital expenditure, signaling aggressive expansion across ports, energy, and airports. The move underscores strong confidence in India’s infrastructure growth story. Investors may see increased leverage in the near term. 📊 *STOCKS:* | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
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 announces record ₹1.53 lakh crore FY26 capex
*Adani group announces record ₹1.53 lakh crore FY26 capex* with EBITDA hitting an all-time high. The capital expenditure marks a significant increase from previous years, signaling aggressive expansion plans across ports, energy, and data centers. Strong EBITDA reflects robust operational performance despite high leverage concerns. 📊 *STOCKS:* | 🏢 *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
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 ▲82.5% | ₹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 ▲19.7% | ₹91.5K Cr ▲40.1% | ₹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 ▲3.3% | ₹56.1K Cr ▼0.3% | ₹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 | ₹-26.4K Cr ▼40.8% | ₹-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 | ₹22.7K Cr ▲155.2% | ₹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 | ₹-25.0K Cr ▼109.5% | ₹-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 | 151d ▼15.6% | 179d ▲61.3% | 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 | -42d ▲42.5% | -73d ▼49.0% | -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]
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