Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone Limited operates in Port & Port services, part of the Services sector. It booked ₹11,340 cr of revenue in its latest quarter (Q2 FY27) and kept 31.9% of sales as profit. It is the largest of 4 Port & Port services companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Port and SEZ Activities | 11,505 | 14,214 | 18,260 | 24,033 | 28,051 | 33,532 | 90% → 86% |
| Others | 1,214 | 1,690 | 2,351 | 2,884 | 3,492 | 5,439 | 10% → 14% |
| Total | 12,719 | 15,904 | 20,611 | 26,917 | 31,543 | 38,971 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 58% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 50–117 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 63
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in ADANIPORTS?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 9%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹11,340 cr |
| Other Income | ₹269 cr |
| Total Income | ₹11,610 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹665 cr |
| Finance Costs | ₹1,006 cr |
| Depreciation & Amortisation | ₹1,713 cr |
| Other Expenses | ₹3,869 cr |
| Total Expenses | ₹7,253 cr |
| Exceptional Items | ₹-31 cr |
| Profit before Tax | ₹4,326 cr |
| Tax Expense | ₹783 cr |
| Share of JV / Associates | ₹140 cr |
| Net Profit | ₹3,682 cr |
| Net margin on total income | 31.7% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 10,738 cr | 10,821 cr | 11,340 cr |
| Total income | 11,489 cr | 11,674 cr | 11,610 cr |
| Expenses | 7,938 cr | 7,079 cr | 7,253 cr |
| Profit before tax | 3,490 cr | 4,595 cr | 4,326 cr |
| Tax | 392 cr | 658 cr | 783 cr |
| Net profit (owners' share) | 1,239 cr | 3,620 cr | 3,622 cr |
| Net margin (owners' share, on revenue) | 11.5% | 33.5% | 31.9% |
| EPS (₹) | 14.45 | 15.71 | 15.72 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Adani Ports and Special Economic Zone Limitedthis company | ₹1,867 | ₹4.30 L cr | 29.7 | 14.2% | 31.9% | — |
| JSW Infrastructure Limited | ₹326 | ₹75,902 cr | 60.4 | 7.1% | 21.5% | — |
| Gujarat Pipavav Port Limited | ₹163 | ₹7,896 cr | 13.3 | 24.8% | 44.6% | — |
| Allcargo Terminals Limited | ₹24 | ₹633 cr | 25.2 | 7.2% | 3.0% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹7.5 / share | 12 Jun 2026 |
| Dividend | ₹7 / share | 13 Jun 2025 |
| Dividend | ₹6 / share | 14 Jun 2024 |
| Dividend | ₹5 / share | 28 Jul 2023 |
| Dividend | ₹5 / share | 14 Jul 2022 |
| Dividend | ₹5 / share | 24 Jun 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
The company has not broken this money down into purposes in its filing for Jun 2025, so there is nothing to measure it against yet.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing