Adani Ports & Special Economic Zone Ltd

Adani Ports Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Adani Ports & Special Economic Zone Ltd

₹ 1,115 -13.57%
21 Nov - close price
adaniports.com BSE: 532921 NSE: ADANIPORTS
About

Adani Ports & Special Economic Zone is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra.

Key Points

Business Verticals
The Co.’s business verticals include a comprehensive network of ports & terminals (82% of total revenue), Logistics (8%), SEZ & Ports (6%) and Operations and Maintenance (4%). [1] The integrated service offered by the company has enabled it to forge an alliance with leading business and has evolved to be the market leader of the Indian port Industry. [2]

Website BSE NSE
  • Market Cap ₹ 2,40,892 Cr.
  • Current Price ₹ 1,115
  • High / Low ₹ 1,621 / 785
  • Stock P/E 23.6
  • Book Value ₹ 265
  • Dividend Yield 0.54 %
  • ROCE 12.9 %
  • ROE 18.1 %
  • Face Value ₹ 2.00
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Pros

  • Company has been maintaining a healthy dividend payout of 19.3%
  • Company's median sales growth is 18.7% of last 10 years
  • Company's working capital requirements have reduced from 26.3 days to 19.2 days

Cons

  • Stock is trading at 4.21 times its book value
  • Company might be capitalizing the interest cost

* 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.

Peer comparison

Sector: Marine Port & Services Industry: Miscellaneous

Part of Nifty 50 Equal Weight BSE 100 LargeCap TMC Index Nifty LargeMidcap 250 Nifty100 ESG Nifty200 Momentum 30

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
3,923 4,072 4,141 5,058 5,211 4,786 5,797 6,248 6,646 6,920 6,896 7,560 7,067
1,390 1,473 2,084 2,969 2,320 2,090 2,526 2,558 2,982 2,724 2,902 2,820 2,832
Operating Profit 2,533 2,599 2,057 2,089 2,891 2,696 3,271 3,689 3,664 4,196 3,995 4,739 4,235
OPM % 65% 64% 50% 41% 55% 56% 56% 59% 55% 61% 58% 63% 60%
164 656 608 486 441 285 -885 384 351 507 -70 349 254
Interest 649 668 649 629 577 534 623 633 520 976 604 484 527
Depreciation 783 784 764 840 854 884 846 950 974 985 979 1,012 1,077
Profit before tax 1,265 1,804 1,252 1,105 1,900 1,564 917 2,491 2,521 2,741 2,341 3,593 2,885
Tax % 17% 15% 11% -7% 9% 15% -24% 15% 30% 19% 14% 14% 16%
1,050 1,535 1,112 1,177 1,738 1,337 1,139 2,119 1,762 2,208 2,015 3,107 2,413
EPS in Rs 4.87 7.67 5.22 5.48 7.94 6.09 5.36 9.79 8.09 10.22 9.44 14.41 11.32
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
3,577 4,830 6,152 7,109 8,439 11,323 10,925 11,873 12,550 17,119 20,852 26,711 28,443
1,195 1,910 2,250 2,532 3,021 4,166 4,330 5,926 3,862 7,591 9,905 11,121 11,278
Operating Profit 2,382 2,919 3,902 4,577 5,418 7,157 6,596 5,947 8,688 9,528 10,947 15,589 17,165
OPM % 67% 60% 63% 64% 64% 63% 60% 50% 69% 56% 52% 58% 60%
344 685 686 730 1,037 844 1,289 1,928 1,967 1,832 327 671 1,039
Interest 542 977 1,175 1,124 1,116 1,579 1,385 1,951 2,255 2,544 2,363 2,733 2,591
Depreciation 422 649 912 1,063 1,160 1,188 1,373 1,680 2,107 3,099 3,425 3,888 4,053
Profit before tax 1,762 1,978 2,501 3,119 4,179 5,234 5,126 4,244 6,292 5,717 5,487 9,639 11,560
Tax % 7% 12% 7% 9% 7% 30% 21% 11% 20% 13% 2% 16%
1,639 1,741 2,324 2,856 3,902 3,690 4,045 3,785 5,049 4,953 5,391 8,104 9,743
EPS in Rs 8.10 8.40 11.18 13.99 18.89 17.74 19.27 18.52 24.58 23.13 24.58 37.55 45.39
Dividend Payout % 12% 12% 10% 8% 7% 11% 1% 17% 20% 22% 20% 16%
Compounded Sales Growth
10 Years: 19%
5 Years: 20%
3 Years: 29%
TTM: 21%
Compounded Profit Growth
10 Years: 18%
5 Years: 17%
3 Years: 21%
TTM: 37%
Stock Price CAGR
10 Years: 14%
5 Years: 25%
3 Years: 16%
1 Year: 41%
Return on Equity
10 Years: 18%
5 Years: 16%
3 Years: 16%
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 401 414 414 414 414 414 414 406 406 422 432 432 432
Reserves 5,993 8,351 10,351 13,091 17,112 20,489 23,958 25,051 30,035 41,399 44,957 52,346 56,744
11,620 12,979 17,776 22,342 22,214 22,370 27,712 30,242 35,855 47,935 53,434 49,470 50,485
3,022 2,933 3,541 2,538 3,629 3,960 4,228 6,217 8,285 8,572 13,740 14,751 18,354
Total Liabilities 21,035 24,677 32,082 38,385 43,369 47,233 56,311 61,917 74,582 98,328 112,563 116,999 126,015
11,382 13,163 20,527 20,883 21,054 22,670 28,121 32,715 48,291 62,553 72,224 75,148 79,136
CWIP 2,951 2,025 1,276 1,967 4,514 4,545 4,483 3,216 3,697 4,023 6,637 10,936 13,328
Investments 222 63 260 545 1,161 1,079 782 1,178 2,236 3,161 7,432 4,289 4,489
6,480 9,426 10,020 14,990 16,641 18,938 22,924 24,808 20,358 28,591 26,271 26,627 29,062
Total Assets 21,035 24,677 32,082 38,385 43,369 47,233 56,311 61,917 74,582 98,328 112,563 116,999 126,015

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,379 1,132 3,057 2,381 4,063 5,608 6,029 7,402 7,556 10,420 11,900 15,018
-5,136 -2,510 -2,485 -4,153 -2,629 -3,846 -4,368 -749 -14,064 -5,493 -16,716 -6,768
4,138 772 -237 2,170 -1,325 -1,889 2,313 -4,256 3,514 -586 -2,734 -7,800
Net Cash Flow 381 -606 335 398 109 -127 3,975 2,397 -2,994 4,341 -7,550 450

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 73 70 76 125 116 139 93 98 85 54 69 50
Inventory Days
Days Payable
Cash Conversion Cycle 73 70 76 125 116 139 93 98 85 54 69 50
Working Capital Days 147 199 106 71 248 244 145 60 23 45 15 19
ROCE % 11% 14% 14% 13% 14% 17% 14% 12% 14% 11% 10% 13%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
63.83% 65.55% 66.02% 66.02% 65.13% 61.03% 62.89% 65.53% 65.89% 65.89% 65.89% 65.89%
15.27% 14.26% 14.24% 14.35% 13.77% 17.99% 16.99% 13.83% 14.72% 14.98% 15.19% 15.22%
15.88% 15.32% 15.06% 15.37% 14.46% 13.02% 12.45% 13.27% 12.01% 11.84% 12.48% 13.26%
0.03% 0.03% 0.03% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4.99% 4.84% 4.65% 4.27% 6.62% 7.95% 7.66% 7.37% 7.39% 7.30% 6.44% 5.62%
No. of Shareholders 6,22,2376,26,7917,27,2287,33,1427,32,36010,98,59610,24,1119,44,1669,70,2479,91,00112,74,01011,86,670

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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