Adani Enterprises

NSE: ADANIENTBSE: 512599
Compare with peers
₹ 2,479.80▼ 10.2 (−0.41%)28 Oct, 03:28 pm IST
P/E
141.2x
52-week range
1,753 – 3,245
ROE
−3%
ROCE
6%
Sector
Metals & Minerals Trading
Industry
Trading - Minerals
Listed on
NSE, BSE

About

Adani Enterprises Limited is an India-based integrated infrastructure company that operates with various businesses spanning across integrated resource management, mining services and commercial mining, new energy ecosystem, data center, airports, roads, copper, digital, food Fast-Moving Consumer Goods (FMCG) and others. Its segments include integrated resources management, mining services, commercial mining, new energy ecosystem, airport, road, and others. The Integrated Resources Management provides end-to-end procurement and logistics services. The Mining segment includes mining service contracts for nine coal blocks with a capacity of approximately 100 plus millinewton (Mn) metric tons per annum. The Airport segment is engaged in the construction, operations, and maintenance of airports. The New Energy Ecosystem provides cell and module manufacturing. The Road segment is engaged in the construction, operations, and maintenance of road assets. It also operates in duty free business.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Trading - Minerals: 3 companies →

Adani Enterprises against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)141.2 against a typical 66.6: pricier than most peers (1st = cheapest).3rd of 3
  • Sales growth+49.9% against a typical +49.9% from a year earlier.2nd of 3
  • Profit growth−249.8% against a typical −55.7% from a year earlier.3rd of 3
  • Share price, 3 months−17.7% against a typical −21.3%.1st of 3

Latest announcements

Exchange filings and their impact on the company.

  • 28 Oct 2026Outcome of Board MeetingHigh impactPositivePrice −0.4% so far today
    Strong operating rebound led by copper ramp plus Rs 15,000 cr QIP strengthens balance sheet despite lower headline profit.

    Adani Enterprises reported Q2 FY27 consolidated revenue of Rs 37,216 cr, up 75% YoY, and PBT before exceptional items of Rs 2,002 cr, led by a sharp ramp in copper to Rs 14,772 cr. PAT was Rs 1,221 cr versus Rs 3,414 cr last year which had included a Rs 3,583 cr exceptional gain, while H1 included a Rs 2,644 cr OFAC settlement. During the quarter it completed a Rs 15,000 cr QIP at Rs 2,883 per share and signed for up to 5.54% stake sale in Adani Airport Holdings, strengthening the balance sheet for ongoing airports, copper and new-energy capex.

    Filing
  • 13 Oct 2026Press ReleaseLow impactPositivePrice +1% on 14 Oct
    Adani and Jabil signed a non-binding 50:50 MoU to make AI data-centre hardware in India, with no near-term financials.

    Adani Enterprises and US-based Jabil signed a non-binding MoU on 13 October 2026 for a proposed 50:50 joint venture to manufacture AI racks, servers, networking, power and cooling equipment in India. The venture targets multi-gigawatt manufacturing capacity to serve India's 5-8 GW data-centre demand by 2030 and export markets. The JV is subject to definitive agreements and approvals, with no investment or financial terms disclosed, so near-term earnings impact is negligible but it adds hardware manufacturing to Adani's data-centre and energy strategy.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA to AA- by 2 agencies
AA-
DefaultRiskyModerateSafeVery safe
  • CARE raised its rating on 7 Oct 2026. ICRA may follow.
AgencyCurrent ratingOutlookAs of
CARECARE AAStable7 Oct 2026
ICRA[ICRA]AA-Stable27 May 2026
Acuite——27 May 2026
Credit rating actions
RatingDetails
7 Oct 2026
▲ Upgrade1 notch
CARE AA- → CARE AAMediumCARE₹ 30,214.92 Cr.
27 May 2026
Reaffirmed
[ICRA]AA-—ICRA₹ 26,245 Cr.
27 May 2026
Rating action
——Acuite₹ 2,000 Cr.
23 Dec 2025
Reaffirmed
CARE AA-—CARE₹ 29,164.5 Cr.
22 Dec 2025
Reaffirmed
[ICRA]AA-—ICRA₹ 26,020 Cr.

Fund raises

QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates

Equity fund raises
StageDetails
28 Oct 2026QIPAllotted₹ 15,000 Cr.₹ 2,883−13.99%

Board meetings

Results dates and other board meetings. Full calendar

Details
28 Oct 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
29 Jul 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
30 Apr 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
3 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
11 Nov 2025Fund RaisingNotice of the meeting of the Rights Issue Committee of the Board of Directors of Adani Enterprises Limited (the Company ) to be held on Tuesday, November 11, 2025 to consider and approve various matters in connection with the Rights Issue
4 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
8 Oct 2025Fund RaisingTo consider Fund Raising

Share price

1Y change +2.61%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales19,54625,05029,18025,47222,60822,84826,96621,96121,24924,82032,43932,924
Expenses17,11621,82425,98521,76718,84219,77823,25618,65117,94221,17828,70927,905
Operating Profit2,4303,2263,1953,7063,7663,0703,7103,3103,3073,6423,7315,019
OPM %12%13%11%15%17%13%14%15%16%15%12%15%
Other Income461491−1765915836484,5824754,1796,288748−2,022
Interest1,3435971,5131,1309102,1411,7961,0351,7111,6261,6462,421
Depreciation7577608119341,0351,0061,2361,2841,3771,3722,1031,926
Profit before tax7912,3616962,2322,4035725,2591,4664,3986,932729−1,349
Tax %50%19%62%26%21%103%24%39%23%20%117%16%
Net Profit3331,9733521,7721,9892294,0159763,4145,727−167−1,462
EPS in Rs1.7814.793.5311.3913.640.4529.746.8524.7443.53−0.81−8.92

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
11%
5 Years
21%
3 Years
−8%
TTM
18%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
—
TTM
−36%
Stock Price CAGR
10 Years
51%
5 Years
17%
3 Years
5%
TTM
—
Return on Equity
10 Years
4%
5 Years
4%
3 Years
2%
TTM
—

Shareholding

Latest: Jul 2026.

Promoters
71.97%
−2 pts in a year
FIIs
10.51%
−1.21 pts in a year
DIIs
10.75%
+3.91 pts in a year
Public
6.78%
−0.69 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 141.2xEPS (12 months) ₹ 18.34Median P/E 16.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Adani Enterprises₹ 2,479.80—141.2x—−3%—
Coal India₹ 397.75₹ 2,45,123 Cr.8.5x2.2x28.5%21.1%
Bharat Coking Coal Ltd₹ 29.78₹ 13,869 Cr.142.2x2.9x—0.9%
Sindhu Trade Links₹ 18.53₹ 2,856 Cr.91.7x2.2x2.5%11%
Emergent Industrial Solutions₹ 482.80₹ 221 Cr.152.3x6.7x4.6%0.3%
Stratmont Industries₹ 51.30₹ 146 Cr.69.8x5.7x8.5%1.4%

Management

Gautam Shantilal Adani
Executive Chairman of the Board
Jugeshinder Singh
Chief Financial Officer
Jatin Rameshchandra Jalundhwala
Company Secretary and Compliance Officer, Joint President - Legal
Rajesh Shantilal Adani
Managing Director, Executive Director
Pranav Vinod Adani
Executive Director
Vinay Prakash
Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.