WEBSITE BSE:532921 NSE : ADANI PORTS 24 Jan, 16:01
Market Cap ₹236298 Cr.
Stock P/E 29.2
P/B 4.1
Current Price ₹1093.9
Book Value ₹ 264.7
Face Value 2
52W High ₹1608
Dividend Yield 0.55%
52W Low ₹ 993.9
Adani Ports and Special Economic Zone Ltd, together with its subsidiaries, develops, operates, and maintains port infrastructure facilities in India. It also engages in the ports related infrastructure improvement activities; and improvement of infrastructure at contiguous Special Economic Zone at Mundra. The enterprise operates 12 ports and terminals with 64 berths to facilitate the handling of dry bulk, liquid cargo, crude oil, packing containers, ro-ro, and task shipment at Mundra, Hazira, Dahej, Dhamra, Vizag, Murmugao, Kattupalli, Ennore, Tuna, Krishnapatnam, Dighi, and Vizhinjam port locations. It additionally presents car logistics, inland waterways, rail operation, warehousing, and agriculture logistics services, as well as operates multi-modal logistics parks; and gives capital, maintenance, and inland water dredging services. In addition, it's miles worried within the operation, improvement, upkeep, development, and extension of software offerings, including electricity distribution; provision of passenger airline, dredging, and warehousing / storage facilities and other associated services, as well as sanatorium and associated services; and possession and operation of harbour tugs, barges, other port crafts, ocean towage, and offshore support vessels, as well as gives marine services, along with pilotage, laying, and protection of buoys. The company was formerly known as Mundra Port and Special Economic Zone Limited and changed its name to Adani Ports and Special Economic Zone Limited in January 2012. Adani Ports and Special Economic Zone Limited become incorporated in 1998 and is established in Ahmedabad, India. Adani Ports and Special Economic Zone Limited was previously a subsidiary of Adani Enterprises Limited.
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Net Sales |
Other Income |
Total Income |
Total Expenditure |
Operating Profit |
Interest |
Depreciation |
Exceptional Income / Expenses |
Profit Before Tax |
Provision for Tax |
Profit After Tax |
Adjustments |
Profit After Adjustments |
Adjusted Earnings Per Share |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 4830 | 6152 | 7109 | 8439 | 11323 | 10925 | 11439 | 12550 | 17119 | 20852 | 26711 | |
Other Income | 685 | 686 | 802 | 1318 | 1011 | 1405 | 2433 | 2685 | 2239 | 1784 | 1551 | |
Total Income | 5514 | 6838 | 7911 | 9757 | 12334 | 12331 | 13872 | 15235 | 19358 | 22636 | 28261 | |
Total Expenditure | 1910 | 2250 | 2535 | 3025 | 4499 | 4334 | 5934 | 4566 | 7594 | 8018 | 10847 | |
Operating Profit | 3604 | 4588 | 5376 | 6732 | 7835 | 7997 | 7938 | 10669 | 11764 | 14617 | 17415 | |
Interest | 977 | 1175 | 1194 | 1393 | 1257 | 1428 | 1951 | 2255 | 2560 | 4480 | 2897 | |
Depreciation | 649 | 912 | 1063 | 1160 | 1188 | 1373 | 1680 | 2107 | 3099 | 3425 | 3888 | |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | -155 | -69 | -59 | 0 | -405 | -1273 | -374 | |
Profit Before Tax | 1978 | 2501 | 3119 | 4179 | 5234 | 5126 | 4244 | 6292 | 5717 | 5487 | 10094 | |
Provision for Tax | 237 | 177 | 283 | 287 | 1544 | 1081 | 459 | 1243 | 764 | 96 | 1990 | |
Profit After Tax | 1741 | 2324 | 2837 | 3892 | 3690 | 4045 | 3785 | 5049 | 4953 | 5391 | 8104 | |
Adjustments | -1 | -10 | 61 | 19 | -16 | -55 | -21 | -54 | -67 | -82 | 7 | |
Profit After Adjustments | 1740 | 2314 | 2897 | 3912 | 3674 | 3990 | 3763 | 4994 | 4886 | 5309 | 8111 | |
Adjusted Earnings Per Share | 8.4 | 11.2 | 14 | 18.9 | 17.7 | 19.3 | 18.5 | 24.6 | 23.1 | 24.6 | 37.5 |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Sales CAGR | 28% | 29% | 20% | 19% |
Operating Profit CAGR | 19% | 18% | 17% | 17% |
PAT CAGR | 50% | 17% | 15% | 17% |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Share Price CAGR | -2% | 16% | 23% | 12% |
ROE Average | 17% | 15% | 15% | 19% |
ROCE Average | 13% | 12% | 12% | 13% |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Shareholder's Funds | 8768 | 10768 | 13505 | 17526 | 21069 | 24538 | 25623 | 30608 | 41988 | 45556 | 52945 |
Minority's Interest | 144 | 159 | 124 | 139 | 150 | 210 | 220 | 1465 | 393 | 1361 | 1598 |
Borrowings | 11288 | 13850 | 15820 | 17993 | 20629 | 19883 | 26181 | 32936 | 39691 | 46517 | 37663 |
Other Non-Current Liabilities | 1777 | 1836 | -163 | -621 | 208 | 516 | 1273 | 2337 | 4887 | 6599 | 8330 |
Total Current Liabilities | 2700 | 5469 | 7897 | 6556 | 4009 | 10352 | 7696 | 7121 | 11063 | 11009 | 16415 |
Total Liabilities | 24677 | 32082 | 37183 | 41594 | 46065 | 55499 | 60994 | 74582 | 98328 | 112563 | 116999 |
Fixed Assets | 13163 | 20527 | 20883 | 21054 | 22670 | 28121 | 32715 | 48291 | 62553 | 70922 | 73803 |
Other Non-Current Assets | 5967 | 4677 | 9240 | 8633 | 9108 | 12747 | 13460 | 13383 | 17687 | 24045 | 25724 |
Total Current Assets | 5445 | 6791 | 7060 | 11907 | 14287 | 14631 | 14820 | 12553 | 16190 | 15655 | 17286 |
Total Assets | 24677 | 32082 | 37183 | 41594 | 46065 | 55499 | 60994 | 74582 | 98328 | 112563 | 116999 |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Opening Cash & Cash Equivalents | 756 | 150 | 445 | 842 | 950 | 823 | 4798 | 7195 | 4335 | 8676 | 1126 |
Cash Flow from Operating Activities | 1132 | 3057 | 2381 | 4063 | 5608 | 6029 | 7402 | 7556 | 10420 | 11900 | 15018 |
Cash Flow from Investing Activities | -2510 | -2485 | -4153 | -2639 | -3846 | -4424 | -750 | -14143 | -5282 | -19560 | -6947 |
Cash Flow from Financing Activities | 773 | -237 | 2170 | -1325 | -1889 | 2313 | -4256 | 3514 | -586 | -2734 | -7800 |
Net Cash Inflow / Outflow | -606 | 335 | 398 | 98 | -127 | 3919 | 2396 | -3073 | 4553 | -10394 | 271 |
Closing Cash & Cash Equivalent | 150 | 485 | 843 | 950 | 823 | 4798 | 7195 | 4201 | 8676 | 1126 | 1576 |
# | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Earnings Per Share (Rs) | 8.4 | 11.18 | 13.99 | 18.89 | 17.74 | 19.27 | 18.52 | 24.58 | 23.13 | 24.58 | 37.55 |
CEPS(Rs) | 11.55 | 15.63 | 18.83 | 24.4 | 23.56 | 26.16 | 26.9 | 35.22 | 38.12 | 40.81 | 55.52 |
DPS(Rs) | 1 | 1.1 | 1.1 | 1.3 | 2 | 0.2 | 3.2 | 5 | 5 | 5 | 6 |
Book NAV/Share(Rs) | 41.85 | 51.58 | 64.41 | 83.83 | 100.93 | 118.49 | 125.3 | 149.83 | 180.92 | 210.12 | 244.33 |
Core EBITDA Margin(%) | 60.44 | 63.43 | 64.34 | 64.16 | 60.27 | 60.33 | 48.12 | 63.62 | 55.64 | 61.55 | 59.39 |
EBIT Margin(%) | 61.17 | 59.76 | 60.67 | 66.02 | 57.33 | 59.99 | 54.15 | 68.11 | 48.35 | 47.8 | 48.64 |
Pre Tax Margin(%) | 40.95 | 40.66 | 43.88 | 49.52 | 46.23 | 46.92 | 37.1 | 50.14 | 33.4 | 26.31 | 37.79 |
PAT Margin (%) | 36.05 | 37.78 | 39.9 | 46.12 | 32.59 | 37.02 | 33.09 | 40.23 | 28.93 | 25.85 | 30.34 |
Cash Profit Margin (%) | 49.5 | 52.6 | 54.86 | 59.87 | 43.08 | 49.59 | 47.77 | 57.02 | 47.04 | 42.28 | 44.9 |
ROA(%) | 7.62 | 8.19 | 8.19 | 9.88 | 8.42 | 7.97 | 6.5 | 7.45 | 5.73 | 5.11 | 7.06 |
ROE(%) | 23.3 | 24.04 | 23.62 | 25.36 | 19.29 | 17.8 | 15.14 | 18.06 | 14.43 | 12.9 | 16.51 |
ROCE(%) | 14.94 | 14.69 | 13.42 | 14.74 | 15.64 | 13.75 | 11.49 | 14.1 | 10.8 | 10.84 | 13.3 |
Receivable days | 62.1 | 65.59 | 95.6 | 110.92 | 112.87 | 118.59 | 95.6 | 89.11 | 58.07 | 56.7 | 52.09 |
Inventory Days | 10.1 | 12.72 | 12.09 | 18.79 | 18.98 | 22.17 | 17.47 | 18.62 | 14.79 | 7.42 | 6.08 |
Payable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PER(x) | 22.31 | 27.55 | 17.71 | 17.99 | 19.99 | 19.62 | 13.57 | 28.59 | 33.47 | 25.71 | 35.73 |
Price/Book(x) | 4.48 | 5.97 | 3.85 | 4.05 | 3.51 | 3.19 | 2.01 | 4.69 | 4.28 | 3.01 | 5.49 |
Dividend Yield(%) | 0.53 | 0.36 | 0.44 | 0.38 | 0.56 | 0.05 | 1.27 | 0.71 | 0.65 | 0.79 | 0.45 |
EV/Net Sales(x) | 10.62 | 13.15 | 10.2 | 10.76 | 8.2 | 9.14 | 6.47 | 13.8 | 11.61 | 8.77 | 12.3 |
EV/Core EBITDA(x) | 14.23 | 17.63 | 13.49 | 13.48 | 11.85 | 12.49 | 9.32 | 16.23 | 16.9 | 12.51 | 18.87 |
Net Sales Growth(%) | 35.03 | 27.38 | 15.55 | 18.72 | 34.17 | -3.51 | 4.7 | 9.71 | 36.41 | 21.81 | 28.1 |
EBIT Growth(%) | 33.18 | 24.43 | 17.32 | 29.19 | 16.5 | 0.97 | -5.49 | 37.98 | -3.17 | 20.42 | 30.34 |
PAT Growth(%) | 12.07 | 33.51 | 22.03 | 37.21 | -5.2 | 9.62 | -6.43 | 33.4 | -1.89 | 8.84 | 50.33 |
EPS Growth(%) | 3.72 | 33.03 | 25.13 | 35.01 | -6.08 | 8.62 | -3.87 | 32.72 | -5.9 | 6.25 | 52.78 |
Debt/Equity(x) | 1.5 | 1.66 | 1.65 | 1.27 | 1.05 | 1.12 | 1.17 | 1.14 | 1.19 | 1.11 | 0.87 |
Current Ratio(x) | 2.02 | 1.24 | 0.89 | 1.82 | 3.56 | 1.41 | 1.93 | 1.76 | 1.46 | 1.42 | 1.05 |
Quick Ratio(x) | 1.96 | 1.19 | 0.87 | 1.72 | 3.43 | 1.34 | 1.89 | 1.62 | 1.43 | 1.38 | 1.03 |
Interest Cover(x) | 3.02 | 3.13 | 3.61 | 4 | 5.16 | 4.59 | 3.18 | 3.79 | 3.23 | 2.22 | 4.48 |
Total Debt/Mcap(x) | 0.33 | 0.28 | 0.44 | 0.32 | 0.3 | 0.35 | 0.59 | 0.24 | 0.28 | 0.37 | 0.16 |
# | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 66.02 | 65.13 | 61.03 | 62.89 | 65.53 | 65.89 | 65.89 | 65.89 | 65.89 | 65.89 |
FII | 14.33 | 13.76 | 17.98 | 16.98 | 13.82 | 14.71 | 14.97 | 15.18 | 15.21 | 13.93 |
DII | 15.38 | 14.49 | 13.04 | 12.45 | 13.28 | 12.01 | 11.84 | 12.49 | 13.27 | 14.21 |
Public | 4.27 | 6.62 | 7.95 | 7.68 | 7.37 | 7.38 | 7.3 | 6.44 | 5.63 | 5.96 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
# | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 139.46 | 140.69 | 131.83 | 135.85 | 141.56 | 142.34 | 142.34 | 142.34 | 142.34 | 142.34 |
FII | 30.28 | 29.71 | 38.84 | 36.68 | 29.85 | 31.77 | 32.34 | 32.79 | 32.86 | 30.1 |
DII | 32.49 | 31.3 | 28.17 | 26.9 | 28.69 | 25.95 | 25.57 | 26.97 | 28.67 | 30.7 |
Public | 9.02 | 14.31 | 17.17 | 16.58 | 15.91 | 15.95 | 15.77 | 13.92 | 12.15 | 12.88 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 211.24 | 216.01 | 216.01 | 216.01 | 216.01 | 216.01 | 216.01 | 216.01 | 216.01 | 216.01 |
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