NSE: ADANIPORTS · BSE: 532921 · ISIN INE742F01042
Adani Ports and Special Economic Zone Limited stock analysis
Adani Ports and Special Economic Zone Limited ranks #712 in the TickerSutra evidence-ranked universe with a score of 61/100 and 95% data confidence. The latest captured fundamentals show ROCE of 14.1%, quarterly sales growth of 18.6% and quarterly profit growth of 9.2%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 0.89×
- 22.9% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹17,119cr | ₹9,528cr | ₹4,953cr | 56.0% |
| 2023 | ₹20,852cr | ₹10,947cr | ₹5,391cr | 52.0% |
| 2024 | ₹26,711cr | ₹15,589cr | ₹8,104cr | 58.0% |
| 2025 | ₹30,475cr | ₹18,421cr | ₹11,061cr | 60.0% |
| 2026 | ₹38,736cr | ₹22,868cr | ₹12,782cr | 59.0% |
| TTM | ₹40,430cr | ₹23,399cr | ₹13,121cr | 58.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Adani Ports and Special Economic Zone Limited has informed the Exchange regarding '' Announcement under Regulation 30 (LODR) -Update
RoutineActions initiated/taken or orders passed-XBRLNSE · 12 Sept 2026 · Structured filingADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Action(s) taken or orders passed (sub-para 20)
ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Action(s) taken or orders passed (sub-para 20)
Open original XBRL sourceRoutineAwarding of order(s)/contract(s)-(Sub-para 4-Para B)NSE · 12 Sept 2026 · Structured filingADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Awarding of order(s)/contract(s)-(Sub-para 4-Para B)
ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Awarding of order(s)/contract(s)-(Sub-para 4-Para B)
Open original XBRL sourceReceipt of Letter of Award (LOA) for development and operations of two dry buik berths at Paradip Port, Odisha
MANAGEMENT COMMENTARY
Signals from filed documents
Profitable growth is the natural outcome of our integrated platform, disciplined execution, and favourable structural tailwinds. Our India ports business continues to deliver industry-leading economics, with EBITDA margins of approximately 73.2%, underscoring the operating leverage and resilience embedded in our network. This strong foundation supports an accelerated financial trajectory, with revenues projected to g
Together, these strengthen our long-term competitiveness as one of the fastest-growing and most efficient players. They position us to deliver predictable cash flow, create long-term value and sustain market leadership. Outcome: 53% sticky cargo volume in FY 2025-26, ensuring stable cash flow generation and reducing volatility across cycles.
This strategic shift is about fostering a culture of empowerment and accountability to build a truly low-friction organisation. A Stronger Tomorrow We are confident in our growth trajectory for the upcoming fiscal year. For the upcoming fiscal year, we project a significant revenue increase of 11-16%, targeting ` 43,000-45,000 crore, and an EBITDA growth of 9-14%, reaching ` 25,000-26,000 crore.
This may impact cargo volumes and cause delays in customs clearances, resulting in volatility in revenues and increased operational costs. GRI Alignment Non-GRI KPIs: Cargo volume volatility Supply chain lead time SDG Alignment Capitals Impacted Financial Implication Top Three Material Focus Areas Business Case Ports and logistics infrastructure are essential for global trade, supply chains and economic workflows
Associated Opportunities Geographical diversification strengthens business resilience and enables capturing market share across multiple markets, driving long-term growth. Mitigating Measure We have strategically diversified our presence across port and logistics assets spanning multiple domestic and international markets We periodically assess geographic and climate-related risks of key assets Ensuring balance
Associated Opportunities Our financial discipline, with resilient cash flows, ensures steady access to capital to pursue our ambitious expansion plan across market cycles while maintaining balance sheet health and investor confidence. Cooperation and engagement with all regulatory authorities to ensure full compliance and align with policy objectives Strategic partnerships with shipping lines ensure sticky cargo
Our risk appetite is decided by the risk management team and approved by the RMC, with a quarterly assessment of the actual risk exposure against acceptable levels and escalation of any gaps to the management and RMC . 8584 Integrated Annual Report 2025-26 Portfolio Overview Corporate Overview Strategic Review ESG Overview Statutory Reports Financial Statements ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED Risk Descr
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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