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Adani Ports &Special

₹1093.9 -9.9 | 0.9%

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 &Special Research see more...

Overview Inc. Year: 1998Industry: Port

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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Adani Ports &Special Share Price

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Adani Ports &Special Quarterly Results

#(Fig in Cr.)
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

Adani Ports &Special Profit & Loss

#(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

Growth Rates

# 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%

Adani Ports &Special Balance Sheet

#(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

Adani Ports &Special Cash Flow

#(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

Adani Ports &Special Ratios

# 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

Adani Ports &Special Shareholding Pattern

# 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

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 4.1 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Adani Ports &Special News

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