Adani Ports and Special Economic Zone Limited

Services · Transport Infrastructure

NSE: ADANIPORTS BSE: 532921

₹1798.30

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Transport Infrastructure

The largest companies in the same industry by market cap. This company ranks #1 of 15. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Adani Ports and Special Economic Zone Limited (this stock)	414,321	163.2	12.9%	26.4%	0.42%	61	12	85
GMR AIRPORTS LIMITED	100,469	264.3	-30.5%	6.5%	—	17	50	65
JSW Infrastructure Limited	83,088	363.9	13.2%	12.5%	0.25%	64	0	86
Gujarat Pipavav Port Limited	8,061	14.7	21.6%	5.1%	6.24%	90	78	37
BF Utilities Limited	1,913	—	-1.4%	-36.4%	—	29	80	13
Allcargo Terminals Limited	713	13.7	12.5%	-32.8%	—	54	82	16
Innovision Limited	600	—	—	—	—	56	79	71
Dreamfolks Services Limited	328	—	3.6%	-39.6%	—	28	99	11

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹461,913 Cr

EV / EBITDA

48.8x

EV / Sales

51.70x

Market cap / Sales

46.37x

Earnings yield

0.61%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 3,504 Cr, up 44.3% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 1,557 Cr, up 208.5% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	2,244	1,884	1,557	₹6.7600
March 31, 2026	2,773	57	199	₹0.8600
Dec. 31, 2025	1,860	441	287	₹1.3200
Sept. 30, 2025	2,058	509	449	₹2.0800
June 30, 2025	1,839	734	505	₹2.3400
March 31, 2025	2,130	995	700	₹3.2400
Dec. 31, 2024	2,182	599	409	₹1.8900
Sept. 30, 2024	1,803	872	572	₹2.6500
June 30, 2024	1,890	1,092	776	₹3.5900
March 31, 2024	1,964	826	623	₹2.8800
Dec. 31, 2023	1,887	810	525	₹2.4300
Sept. 30, 2023	1,530	313	196	₹0.9100
June 30, 2023	1,427	583	394	₹1.8200

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	3,504	3,595	2,433	3,091	2,427	2,625	2,703	2,343	2,742	2,487	2,474	1,946	1,877
Operating revenue	2,244	2,773	1,860	2,058	1,839	2,130	2,182	1,803	1,890	1,964	1,887	1,530	1,427
Other income	1,260	822	572	1,033	589	495	521	540	852	524	588	416	450
Operating expenses	660	1,261	539	542	609	696	538	536	831	767	703	848	451
Operating profit	1,585	1,511	1,321	1,516	1,229	1,433	1,644	1,267	1,060	1,197	1,184	681	976
Operating profit margin	70.6%	54.5%	71.0%	73.6%	66.9%	67.3%	75.3%	70.3%	56.1%	60.9%	62.8%	44.5%	68.4%
Depreciation	182	192	166	166	163	170	163	163	164	162	168	165	160
Interest	779	2,005	1,211	1,874	921	763	1,402	771	655	731	794	619	683
Exceptional items, gain / (loss)	—	-79	-76	—	—	—	—	—	—	—	—	—	—
Profit before tax	1,884	57	441	509	734	995	599	872	1,092	826	810	313	583
Tax	326	-142	154	60	230	295	191	300	316	204	284	117	189
Net profit	1,557	—	287	449	505	700	409	572	776	623	525	196	394
EPS	6.76	0.86	1.32	2.08	2.34	3.24	1.89	2.65	3.59	2.88	2.43	0.91	1.82
Net profit (TTM)	—	—	1,941	2,063	2,186	2,457	2,380	2,497	2,120	1,738	1,307	793	299
EPS (TTM)	11.02	6.60	8.98	9.55	10.12	11.37	11.01	11.55	9.81	8.04	6.05	3.67	1.38

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	8,535	2,229	1,793
March 31, 2025	8,005	3,560	2,457
March 31, 2024	6,807	2,532	1,738
March 31, 2023	5,237	-1,028	-479

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 18	Mar 17
Total income (before exceptional items)	11.9%	11.7%	11,552^†	10,413^†	8,784^†	8,236^†	6,956^†	6,643^†	7,546^†	8,301^†	6,164^†
Operating revenue	17.7%	14.3%	8,535	8,005	6,807	5,237	4,437^†	4,377^†	4,643^†	6,694^†	4,916^†
Other income	—	—	3,017^†	2,408^†	1,977^†	2,999^†	2,519^†	2,266^†	2,903^†	1,607^†	1,247^†
Operating expenses	—	—	2,952^†	2,601^†	2,769^†	4,413^†	2,419^†	788^†	3,209^†	—	—
Operating profit	89.2%	9.2%	5,583^†	5,403^†	4,038^†	825^†	2,019^†	3,589^†	1,434^†	—	—
Operating profit margin	—	—	65.4%^†	67.5%^†	59.3%^†	15.7%^†	45.5%^†	82.0%^†	30.9%^†	—	—
Depreciation	—	—	687^†	661^†	656^†	613^†	615^†	619^†	553^†	478^†	541^†
Interest	—	—	6,011^†	3,591^†	2,828^†	2,680^†	2,495^†	2,327^†	1,752^†	—	—
Exceptional items, gain / (loss)	—	—	-155^†	0^†	0^†	-1,558^†	-612^†	0^†	0^†	-297^†	0^†
Profit before tax	—	-5.2%	2,229	3,560	2,532	-1,028	817^†	2,910^†	2,032^†	3,969^†	3,293^†
Tax	—	—	301^†	1,102^†	794^†	-549^†	419^†	982^†	97^†	1,470^†	192^†
Net profit	—	-1.4%	1,793	2,457	1,738	-479	398^†	1,928^†	1,934^†	2,499^†	3,101^†
EPS	—	-7.0%	6.60^†	11.37^†	8.04^†	-2.26^†	1.97^†	9.48^†	9.43^†	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 18	Mar 17
Operating margin	65.4%^†	67.5%^†	59.3%^†	15.7%^†	45.5%^†	82.0%^†	30.9%^†	—	—
EBIT margin	96.5%^†	89.3%^†	78.7%^†	31.5%^†	74.6%^†	119.6%^†	81.5%^†	—	—
PBT margin	26.1%	44.5%	37.2%	-19.6%	18.4%^†	66.5%^†	43.8%^†	59.3%^†	67.0%^†
Net margin	21.0%	30.7%	25.5%	-9.2%	9.0%^†	44.0%^†	41.7%^†	37.3%^†	63.1%^†
Interest coverage	1.37x^†	1.99x^†	1.90x^†	0.62x^†	1.33x^†	2.25x^†	2.16x^†	—	—
Dividend payout	106.1%^†	52.8%^†	62.2%^†	—	253.8%^†	0.0%^†	36.1%^†	—	—
Earnings retention	-6.1%^†	47.2%^†	37.8%^†	—	-153.8%^†	100.0%^†	63.9%^†	—	—
Current ratio	1.02x	0.67x	—	—	—	—	—	—	—
Quick ratio	1.01x	0.66x	—	—	—	—	—	—	—
Debt to equity	0.77x	1.69x	—	—	—	—	—	—	—
Return on equity	2.9%	8.1%	—	—	—	—	—	—	—
Return on assets	1.6%	2.8%	—	—	—	—	—	—	—
Return on capital employed	7.7%^†	9.1%^†	—	—	—	—	—	—	—
Asset turnover	0.08x	0.09x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	5,973	-4,157	-1,969	1,868	4,106
March 31, 2025	5,471	-2,533	-2,820	1,503	3,968
March 31, 2024	3,743	-1,994	-1,468	608	3,135
March 31, 2023	2,714	-4,025	-3,452	2,539	175
March 31, 2022	3,012	-8,803	7,308	634	2,378

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	113,545	61,840	61,379	3,294	44,609	6,833	6,689	311	10,793	58
March 31, 2025	86,459	30,437	30,005	3,540	47,933	5,097	7,621	464	11,261	90
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.