Adani Ports and Special Economic Zone Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Strong return on equity (ROE 16.4%)
- ✓Attractively valued vs sector (P/E 32.3x vs industry 47.2x)
Concerns
- ✗Trading near 52-week high (₹1,843)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| INDIGO InterGlobe Aviation Limited | ₹4,474 | ₹1.7L Cr | 37.4 | 24.85 | -12.2 | 7.12 | 8.67 |
| GMRAIRPORT GMR AIRPORTS LIMITED | ₹102 | ₹1.0L Cr | 498 | -43.37 | — | 11.6 | -15.17 |
| JSWINFRA JSW Infrastructure Limited | ₹278 +1.94% | ₹58K Cr | 36.6 | 5.37 | 15.4 | 13.7 | 0.52 |
| CONCOR Container Corporation of India Limited | ₹451 | ₹35K Cr | 28.2 | 2.65 | 9.81 | 12.4 | 0.07 |
| DELHIVERY Delhivery Limited | ₹444 | ₹33K Cr | 184 | 3.44 | 1.87 | 2.82 | 0.17 |
| GESHIP The Great Eastern Shipping Company Limited | ₹1,464 -1.88% | ₹22K Cr | 7.37 | 1.28 | 18.8 | 18.4 | 0.06 |
| FSL Firstsource Solutions Limited | ₹268 +0.9% | ₹19K Cr | 25.4 | 4.27 | 17.7 | 16.2 | 0.67 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ADANIPORTS · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 65.89% | 65.89% | 65.89% | 65.89% | 65.89% | 65.89% |
| FII | 14.72% | 14.98% | 15.19% | 15.22% | 13.94% | 13.43% |
| DII | 12.01% | 11.84% | 12.48% | 13.26% | 14.20% | 14.73% |
| Public | 7.39% | 7.30% | 6.44% | 5.62% | 5.96% | 5.94% |
Corporate Events
Dividend - Rs 7.50 Per Share
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 7 Per Share
Dividend - Rs 6 Per Share
Dividend - Rs 5 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
Adani Group market value nears ₹19 trillion
*Adani Group market value nears ₹19 trillion* as stocks recover past losses. The combined market cap has nearly erased all declines since the 2023 Hindenburg report. Key entities like Adani Enterprises and Adani Green Energy surged, reflecting strong investor sentiment. Recovery signals improved confidence in the conglomerate’s fundamentals. 📊 *STOCKS:* ADANIENT | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Adani
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹9.7K Cr ▲5.9% | ₹9.2K Cr ▲0.4% | ₹9.1K Cr ▲7.5% | ₹8.5K Cr ▲6.6% | ₹8.0K Cr ▲12.7% | ₹7.1K Cr ▼6.5% | ₹7.6K Cr ▲9.6% | ₹6.9K Cr |
| Op. Profit | ₹5.8K Cr ▲8.4% | ₹5.3K Cr ▼2.8% | ₹5.5K Cr ▲9.8% | ₹5.0K Cr ▲4.2% | ₹4.8K Cr ▲10.0% | ₹4.4K Cr ▼7.8% | ₹4.7K Cr ▲18.2% | ₹4.0K Cr |
| OPM | 60.0% ▲3.4% | 58.0% ▼3.3% | 60.0% ▲1.7% | 59.0% ▼1.7% | 60.0% ▼3.2% | 62.0% ▼1.6% | 63.0% ▲8.6% | 58.0% |
| Net Profit | ₹3.0K Cr ▼2.5% | ₹3.1K Cr ▼5.8% | ₹3.3K Cr ▲9.5% | ₹3.0K Cr ▲20.1% | ₹2.5K Cr ▲4.4% | ₹2.4K Cr ▼22.3% | ₹3.1K Cr ▲54.2% | ₹2.0K Cr |
| EPS (₹) | 13.25 ▼7.9% | 14.39 ▼6.2% | 15.34 ▲10.0% | 13.95 ▲19.5% | 11.67 ▲3.1% | 11.32 ▼21.4% | 14.41 ▲52.6% | 9.44 |
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 | ₹38.7K Cr ▲27.1% | ₹30.5K Cr ▲14.1% | ₹26.7K Cr ▲28.1% | ₹20.9K Cr ▲21.8% | ₹17.1K Cr ▲36.4% | ₹12.6K Cr ▲5.7% | ₹11.9K Cr ▲8.7% | ₹10.9K Cr ▼3.5% | ₹11.3K Cr ▲34.2% | ₹8.4K Cr |
| Expenses | ₹15.9K Cr ▲28.8% | ₹12.3K Cr ▲10.9% | ₹11.1K Cr ▲12.3% | ₹9.9K Cr ▲30.5% | ₹7.6K Cr ▲96.6% | ₹3.9K Cr ▼34.8% | ₹5.9K Cr ▲36.9% | ₹4.3K Cr ▲3.9% | ₹4.2K Cr ▲37.9% | ₹3.0K Cr |
| Op. Profit | ₹22.9K Cr ▲26.0% | ₹18.1K Cr ▲16.4% | ₹15.6K Cr ▲42.4% | ₹10.9K Cr ▲14.9% | ₹9.5K Cr ▲9.7% | ₹8.7K Cr ▲46.1% | ₹5.9K Cr ▼9.8% | ₹6.6K Cr ▼7.8% | ₹7.2K Cr ▲32.1% | ₹5.4K Cr |
| OPM | 59.0% ▼1.7% | 60.0% ▲3.4% | 58.0% ▲11.5% | 52.0% ▼7.1% | 56.0% ▼18.8% | 69.0% ▲38.0% | 50.0% ▼16.7% | 60.0% ▼4.8% | 63.0% ▼1.6% | 64.0% |
| Other Income | ₹2.2K Cr ▲20.5% | ₹1.8K Cr ▲168.3% | ₹671 Cr ▲105.2% | ₹327 Cr ▼82.2% | ₹1.8K Cr ▼6.9% | ₹2.0K Cr ▲2.0% | ₹1.9K Cr ▲49.6% | ₹1.3K Cr ▲52.7% | ₹844 Cr ▼18.6% | ₹1.0K Cr |
| Interest | ₹4.7K Cr ▲83.8% | ₹2.5K Cr ▼7.4% | ₹2.7K Cr ▲15.7% | ₹2.4K Cr ▼7.1% | ₹2.5K Cr ▲12.8% | ₹2.3K Cr ▲15.6% | ₹2.0K Cr ▲40.9% | ₹1.4K Cr ▼12.3% | ₹1.6K Cr ▲41.5% | ₹1.1K Cr |
| Depreciation | ₹5.5K Cr ▲26.0% | ₹4.4K Cr ▲12.6% | ₹3.9K Cr ▲13.5% | ₹3.4K Cr ▲10.5% | ₹3.1K Cr ▲47.1% | ₹2.1K Cr ▲25.4% | ₹1.7K Cr ▲22.4% | ₹1.4K Cr ▲15.6% | ₹1.2K Cr ▲2.4% | ₹1.2K Cr |
| PBT | ₹14.8K Cr ▲14.0% | ₹13.0K Cr ▲35.2% | ₹9.6K Cr ▲75.7% | ₹5.5K Cr ▼4.0% | ₹5.7K Cr ▼9.1% | ₹6.3K Cr ▲48.3% | ₹4.2K Cr ▼17.2% | ₹5.1K Cr ▼2.1% | ₹5.2K Cr ▲25.2% | ₹4.2K Cr |
| Tax % | 14.0% ▼6.7% | 15.0% ▼6.3% | 16.0% ▲700.0% | 2.0% ▼84.6% | 13.0% ▼35.0% | 20.0% ▲81.8% | 11.0% ▼47.6% | 21.0% ▼30.0% | 30.0% ▲328.6% | 7.0% |
| Net Profit | ₹12.8K Cr ▲15.6% | ₹11.1K Cr ▲36.5% | ₹8.1K Cr ▲50.3% | ₹5.4K Cr ▲8.8% | ₹5.0K Cr ▼1.9% | ₹5.0K Cr ▲33.4% | ₹3.8K Cr ▼6.4% | ₹4.0K Cr ▲9.6% | ₹3.7K Cr ▼5.4% | ₹3.9K Cr |
| EPS (₹) | 55.58 ▲8.2% | 51.35 ▲36.8% | 37.55 ▲52.8% | 24.58 ▲6.3% | 23.13 ▼5.9% | 24.58 ▲32.7% | 18.52 ▼3.9% | 19.27 ▲8.6% | 17.74 ▼6.1% | 18.89 |
| Div Payout | 13.0% ▼7.1% | 14.0% ▼12.5% | 16.0% ▼20.0% | 20.0% ▼9.1% | 22.0% ▲10.0% | 20.0% ▲17.6% | 17.0% ▲1600.0% | 1.0% ▼90.9% | 11.0% ▲57.1% | 7.0% |
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 | ₹432 Cr ▲0.0% | ₹432 Cr ▲0.0% | ₹432 Cr ▲0.0% | ₹432 Cr ▲2.4% | ₹422 Cr ▲3.9% | ₹406 Cr ▲0.0% | ₹406 Cr ▼1.9% | ₹414 Cr ▲0.0% | ₹414 Cr ▲0.0% | ₹414 Cr |
| Reserves | ₹66.6K Cr ▲7.8% | ₹61.8K Cr ▲18.1% | ₹52.3K Cr ▲16.4% | ₹45.0K Cr ▲8.6% | ₹41.4K Cr ▲37.8% | ₹30.0K Cr ▲19.9% | ₹25.1K Cr ▲4.6% | ₹24.0K Cr ▲16.9% | ₹20.5K Cr ▲19.7% | ₹17.1K Cr |
| Borrowings | ₹56.9K Cr ▲10.1% | ₹51.6K Cr ▲4.3% | ₹49.5K Cr ▼7.4% | ₹53.4K Cr ▲11.5% | ₹47.9K Cr ▲33.7% | ₹35.9K Cr ▲18.6% | ₹30.2K Cr ▲9.1% | ₹27.7K Cr ▲23.9% | ₹22.4K Cr ▲0.7% | ₹22.2K Cr |
| Other Liabilities | ₹23.3K Cr ▲19.1% | ₹19.6K Cr ▲32.6% | ₹14.8K Cr ▲7.4% | ₹13.7K Cr ▲60.3% | ₹8.6K Cr ▲3.5% | ₹8.3K Cr ▲33.3% | ₹6.2K Cr ▲47.0% | ₹4.2K Cr ▲6.8% | ₹4.0K Cr ▲9.1% | ₹3.6K Cr |
| Total Liabilities | ₹1.5L Cr ▲10.3% | ₹1.3L Cr ▲14.1% | ₹1.2L Cr ▲3.9% | ₹1.1L Cr ▲14.5% | ₹98.3K Cr ▲31.8% | ₹74.6K Cr ▲20.5% | ₹61.9K Cr ▲10.0% | ₹56.3K Cr ▲19.2% | ₹47.2K Cr ▲8.9% | ₹43.4K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹96.6K Cr ▲7.8% | ₹89.6K Cr ▲19.3% | ₹75.1K Cr ▲4.0% | ₹72.2K Cr ▲15.5% | ₹62.6K Cr ▲29.5% | ₹48.3K Cr ▲47.6% | ₹32.7K Cr ▲16.3% | ₹28.1K Cr ▲24.0% | ₹22.7K Cr ▲7.7% | ₹21.1K Cr |
| CWIP | ₹10.1K Cr ▼13.7% | ₹11.7K Cr ▲7.0% | ₹10.9K Cr ▲64.8% | ₹6.6K Cr ▲65.0% | ₹4.0K Cr ▲8.8% | ₹3.7K Cr ▲15.0% | ₹3.2K Cr ▼28.3% | ₹4.5K Cr ▼1.4% | ₹4.5K Cr ▲0.7% | ₹4.5K Cr |
| Investments | ₹5.2K Cr ▲11.5% | ₹4.7K Cr ▲8.6% | ₹4.3K Cr ▼42.3% | ₹7.4K Cr ▲135.1% | ₹3.2K Cr ▲41.4% | ₹2.2K Cr ▲89.8% | ₹1.2K Cr ▲50.6% | ₹782 Cr ▼27.5% | ₹1.1K Cr ▼7.1% | ₹1.2K Cr |
| Other Assets | ₹35.3K Cr ▲28.5% | ₹27.5K Cr ▲3.1% | ₹26.6K Cr ▲1.4% | ₹26.3K Cr ▼8.1% | ₹28.6K Cr ▲40.4% | ₹20.4K Cr ▼17.9% | ₹24.8K Cr ▲8.2% | ₹22.9K Cr ▲21.0% | ₹18.9K Cr ▲13.8% | ₹16.6K Cr |
| Total Assets | ₹1.5L Cr ▲10.3% | ₹1.3L Cr ▲14.1% | ₹1.2L Cr ▲3.9% | ₹1.1L Cr ▲14.5% | ₹98.3K Cr ▲31.8% | ₹74.6K Cr ▲20.5% | ₹61.9K Cr ▲10.0% | ₹56.3K Cr ▲19.2% | ₹47.2K Cr ▲8.9% | ₹43.4K 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 | ₹17.2K Cr ▲14.7% | ₹15.0K Cr ▲26.2% | ₹11.9K Cr ▲14.2% | ₹10.4K Cr ▲37.9% | ₹7.6K Cr ▲2.1% | ₹7.4K Cr ▲22.8% | ₹6.0K Cr ▲7.5% | ₹5.6K Cr ▲38.0% | ₹4.1K Cr ▲70.6% | ₹2.4K Cr |
| Investing CF | ₹-9.8K Cr ▼40.9% | ₹-6.9K Cr ▲58.4% | ₹-16.7K Cr ▼204.3% | ₹-5.5K Cr ▲60.9% | ₹-14.1K Cr ▼1777.7% | ₹-749 Cr ▲82.9% | ₹-4.4K Cr ▼13.6% | ₹-3.8K Cr ▼46.3% | ₹-2.6K Cr ▲36.7% | ₹-4.2K Cr |
| Financing CF | ₹-6.9K Cr ▲11.3% | ₹-7.8K Cr ▼185.3% | ₹-2.7K Cr ▼366.6% | ₹-586 Cr ▼116.7% | ₹3.5K Cr ▲182.6% | ₹-4.3K Cr ▼284.0% | ₹2.3K Cr ▲222.4% | ₹-1.9K Cr ▼42.6% | ₹-1.3K Cr ▼161.1% | ₹2.2K Cr |
| Net Cash Flow | ₹523 Cr ▲93.0% | ₹271 Cr ▲103.6% | ₹-7.5K Cr ▼273.9% | ₹4.3K Cr ▲245.0% | ₹-3.0K Cr ▼224.9% | ₹2.4K Cr ▼39.7% | ₹4.0K Cr ▲3229.9% | ₹-127 Cr ▼216.5% | ₹109 Cr ▼72.6% | ₹398 Cr |
| Free Cash Flow | ₹9.2K Cr ▲21.0% | ₹7.6K Cr ▲157.5% | ₹3.0K Cr ▼56.3% | ₹6.8K Cr ▲30.1% | ₹5.2K Cr ▲35.5% | ₹3.8K Cr ▲22.3% | ₹3.1K Cr ▲8.0% | ₹2.9K Cr ▲823.8% | ₹315 Cr ▲16.7% | ₹270 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 | 53d ▲6.0% | 50d ▼27.5% | 69d ▲27.8% | 54d ▼36.5% | 85d ▼13.3% | 98d ▲5.4% | 93d ▼33.1% | 139d ▲19.8% | 116d ▼7.2% | 125d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 53d ▲6.0% | 50d ▼27.5% | 69d ▲27.8% | 54d ▼36.5% | 85d ▼13.3% | 98d ▲5.4% | 93d ▼33.1% | 139d ▲19.8% | 116d ▼7.2% | 125d |
| Working Capital Days | -114d ▼12.9% | -101d ▼80.4% | -56d ▲34.1% | -85d ▼1600.0% | -5d ▲16.7% | -6d ▲91.9% | -74d ▼133.8% | 219d ▲104.7% | 107d ▲192.2% | -116d |
| ROCE | 14.0% ▲7.7% | 13.0% ▲30.0% | 10.0% ▼9.1% | 11.0% ▼21.4% | 14.0% ▲16.7% | 12.0% ▼14.3% | 14.0% ▼17.6% | 17.0% ▲21.4% | 14.0% ▲7.7% | 13.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Adani Ports and Special Economic Zone Limited
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.
Services · Transport Infrastructure