Adani Enterprises Ltd.

BSE: ADANIENT512599ISIN INE423A01024

Commodities
Trading - Minerals
BSE 100

BSE listing

Share price

₹2,999.10+72.55 (+2.48%)

as of 18 Sep 2026

52W high: ₹3,245.00
52W low: ₹1,753.45
Off 52W high: -7.58%
1M return: +0.67%
3M return: -1.28%
6M return: +55.61%
1Y return: +24.87%
20D avg volume: 79,174
50 DMA: ₹3,034.93
200 DMA: ₹2,537.39

Key ratios Consolidated

Market cap: ₹4,05,907 Cr
Current price: ₹2,999.10
52W high / low: ₹3,245.00 / ₹1,753.45
Face value: ₹1.00
P/E: 54.04
P/B: —
EPS (TTM): ₹55.50
Book value / share: —
ROE: —
ROCE: 9.60%
Operating margin: —
Net margin: —
Debt / equity: 1.27
Net debt: ₹1,07,435 Cr
Interest cover: 3.25
Dividend yield: 0.04%
Dividend / share (TTM): ₹1.30
Payout: 2.34%
Cash conversion cycle: 39.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	32,924	32,439	24,820	21,249	21,961	26,966	22,848	22,608	25,472	29,180	28,336	22,517
	622.28	747.80	655.85	595.56	475.42	635.78	652.12	588.11	594.32	450.27	490.15	548.70
	32,252	32,458	24,176	21,030	20,970	26,289	22,925	20,787	23,831	28,309	26,466	22,187
	14,255	11,828	7,596	4,962	3,393	3,590	2,568	1,792	1,760	2,824	1,438	1,568
	7,343	7,341	7,462	6,953	7,399	10,978	9,068	9,669	10,100	13,354	14,855	11,773
	1,094	903.44	894.17	897.62	962.77	756.75	741.48	742.28	878.39	622.14	548.52	586.57
	2,421	1,646	1,626	1,711	1,035	1,796	2,141	909.83	1,130	1,513	596.78	1,343
	1,926	2,103	1,372	1,377	1,284	1,236	1,006	1,035	934.08	811.47	759.86	756.96
	7,074	7,750	7,037	6,909	7,017	7,605	—	—	—	—	—	—
	1,295	728.82	1,300	814.35	1,466	1,313	575.56	2,409	2,236	1,322	2,361	879.02
	-2,644	0.00	5,632	3,583	0.00	1,313	0.00	0.00	0.00	-627.37	0.00	-88.00
	-1,349	728.82	6,932	4,398	1,466	2,626	575.56	2,409	2,236	694.25	2,361	791.02
	219.04	853.72	1,405	1,001	571.25	1,284	588.44	512.37	583.60	430.12	443.15	397.80
	-1,462	-166.79	5,727	3,414	976.48	1,382	228.64	1,989	1,772	352.25	1,973	333.34
	-8.91	-1.71	46.78	27.38	6.02	32.98	0.07	14.87	12.33	3.48	16.57	2.00
Key metrics
	2,998	4,479	9,929	7,485	3,786	5,659	3,723	4,354	4,300	3,018	3,717	2,891
	9.10%	13.80%	40.00%	35.20%	17.20%	21.00%	16.30%	19.30%	16.90%	10.30%	13.10%	12.80%
	-4.40%	-0.50%	23.10%	16.10%	4.40%	5.10%	1.00%	8.80%	7.00%	1.20%	7.00%	1.50%
	—	1.20%	—	3.50%	—	2.90%	—	—	—	—	—	—
	49.90%	20.30%	8.60%	-6.00%	-13.80%	-7.60%	-19.40%	0.40%	—	—	—	—
	-249.70%	-112.10%	2,404.60%	71.60%	-44.90%	292.40%	-88.40%	496.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	1,11,431	1,00,469	97,895	96,421	1,36,978	69,420	39,537	43,403	40,379	37,382
	2,621	2,475	2,470	1,861	1,197	1,013	753.80	683.65	571.96	602.82
	1,09,915	98,634	93,832	92,641	1,34,556	69,481	38,946	43,163	40,425	37,103
	38,640	27,778	9,711	7,831	4,052	2,503	1,949	1,750	1,223	676.76
	29,099	29,155	39,814	43,676	99,188	55,149	27,842	32,600	32,598	30,972
	3,789	3,658	3,119	2,331	1,877	1,181	829.31	682.48	656.40	607.21
	7,405	6,019	5,978	4,555	3,970	2,526	1,377	1,572	1,625	1,306
	6,777	6,135	4,211	3,042	2,436	1,248	537.14	472.06	389.77	—
	28,770	28,713	29,155	—	—	—	—	—	4,011	3,411
	4,138	4,309	6,533	5,640	3,619	952.05	1,345	923.58	525.92	881.71
	6,571	9,215	3,946	-715.37	-369.32	0.00	-258.89	198.75	-157.98	-183.49
	10,709	13,525	10,479	4,925	3,250	952.05	1,086	1,122	367.94	698.22
	3,479	3,831	2,969	1,632	1,041	476.68	339.65	324.33	144.54	206.96
	7,513	9,951	8,005	3,335	2,422	787.70	1,046	1,040	505.91	594.20
	63.54	75.66	60.67	27.23	21.78	7.06	8.39	10.35	5.69	—
Key metrics
	24,891	25,679	20,668	12,522	9,656	4,726	3,000	3,167	2,383	2,004
	22.34%	25.60%	21.10%	13.00%	7.00%	6.80%	7.60%	7.30%	5.90%	5.40%
	6.74%	9.90%	8.20%	3.50%	1.80%	1.10%	2.60%	2.40%	1.30%	1.60%
	—	9.60%	10.90%	—	—	—	—	—	—	—
	—	2.60%	1.50%	-29.60%	97.30%	75.60%	-8.90%	7.50%	8.00%	—
	—	24.30%	140.00%	37.70%	207.40%	-24.70%	0.60%	105.60%	-14.90%	—
	—	-31,012	-24,641	—	—	—	—	—	—	—
	—	0.24	0.57	—	—	—	—	—	—	—
	—	1.27	1.35	—	—	—	—	—	—	—
	—	1,07,435	73,131	—	—	—	—	—	—	—
	—	39.9	-3.5	—	—	—	—	—	—	—
Balance sheet
	—	2,61,600	1,98,136	—	—	—	—	—	—	—
	—	60,959	40,726	—	—	—	—	—	—	—
	—	6,267	3,106	—	—	—	—	—	—	—
	—	12,543	9,616	—	—	—	—	—	—	—
	—	18,713	10,287	—	—	—	—	—	—	—
	—	8,501	6,586	—	—	—	—	—	—	—
	—	98,374	67,155	—	—	—	—	—	—	—
	—	20,290	20,868	—	—	—	—	—	—	—
	—	58,912	47,383	—	—	—	—	—	—	—
	—	1,13,702	76,236	—	—	—	—	—	—	—
	—	19,524	11,635	—	—	—	—	—	—	—
	—	94,178	64,601	—	—	—	—	—	—	—
	—	89,178	56,470	—	—	—	—	—	—	—
Cash flow
	—	2,357	4,530	—	—	—	—	—	—	—
	—	-28,438	-26,259	—	—	—	—	—	—	—
	—	28,484	21,947	—	—	—	—	—	—	—
	—	33,369	29,171	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	5,954	6,810	5,304	5,066	5,876	6,165	6,157	6,587	7,801	9,210	11,247	9,313
	869.51	919.02	647.01	542.85	492.38	494.21	429.92	358.81	321.13	346.48	377.11	587.09
	5,369	7,101	5,396	4,913	5,688	6,026	5,859	6,094	7,301	8,520	10,660	8,895
	0.00	0.00	0.00	2,840	0.00	0.00	—	—	—	—	—	—
	3,135	4,763	3,436	0.00	3,991	3,999	3,449	4,539	5,375	6,671	9,657	6,626
	340.30	231.57	223.00	245.88	309.30	181.91	161.68	182.81	312.59	171.14	154.01	177.39
	294.41	408.55	519.52	469.80	349.63	339.58	289.84	206.44	172.72	207.82	167.90	145.98
	48.46	57.44	46.41	42.71	41.75	40.98	37.56	38.73	37.57	37.41	35.51	35.28
	1,353	2,009	1,100	1,064	1,118	1,420	—	—	—	—	—	—
	1,454	628.00	555.06	696.42	680.35	632.89	727.64	852.16	821.35	1,036	964.54	1,005
	-2,644	0.00	5,871	3,729	0.00	3,870	—	—	—	—	—	—
	-1,190	628.00	6,426	4,425	680.35	4,503	727.64	852.16	821.35	1,036	964.54	1,005
	299.56	284.44	129.91	190.76	176.31	227.54	189.39	218.63	215.33	261.20	246.08	243.41
	-890.34	343.56	6,296	4,234	504.04	4,275	534.59	627.99	602.26	776.71	718.46	761.79
	-6.84	2.66	52.63	36.69	4.37	37.04	4.70	5.56	5.31	6.80	6.31	6.69
Key metrics
	-847.03	1,094	6,992	4,938	1,072	4,883	1,055	1,097	1,032	1,282	1,168	1,186
	-14.20%	16.10%	131.80%	97.50%	18.20%	79.20%	17.10%	16.70%	13.20%	13.90%	10.40%	12.70%
	-15.00%	5.00%	118.70%	83.60%	8.60%	69.40%	8.70%	9.50%	7.70%	8.40%	6.40%	8.20%
	—	1.50%	—	10.70%	—	13.30%	—	—	—	—	—	—
	1.30%	10.50%	-13.80%	-23.10%	-24.70%	-33.10%	-45.30%	-29.30%	—	—	—	—
	-276.60%	-92.00%	1,077.70%	574.30%	-16.30%	450.40%	-25.60%	-17.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	23,134	23,056	26,709	32,012	67,325	26,824	13,359	16,209	15,541	9,550
	2,978	2,601	1,604	1,667	1,268	503.50	391.92	410.33	382.30	616.21
	22,779	23,098	25,279	29,884	66,307	26,214	12,983	15,965	15,276	9,677
	2,840	0.00	0.00	—	—	—	—	—	—	—
	11,334	15,030	17,362	21,982	57,222	26,608	10,125	12,304	13,230	8,508
	1,041	1,010	838.99	702.03	651.90	381.84	312.17	275.87	239.36	235.34
	1,692	1,748	1,009	638.19	665.21	571.33	505.93	381.01	581.07	666.35
	195.02	188.30	154.85	142.59	131.04	124.73	121.51	120.97	101.19	87.41
	5,525	5,290	4,810	—	—	—	—	—	1,347	833.07
	3,334	2,560	3,034	3,795	2,285	1,113	768.11	654.21	648.02	488.94
	6,956	9,600	3,870	—	-71.67	—	-212.85	315.34	-20.82	-181.05
	10,289	12,159	6,904	3,795	2,214	1,113	555.26	969.55	627.20	307.89
	904.67	781.42	850.89	952.36	591.01	392.55	186.45	270.66	142.29	96.91
	9,984	11,378	6,040	2,844	1,623	720.70	368.81	698.89	487.24	197.03
	85.14	93.26	52.80	24.94	14.29	6.55	3.35	6.35	4.41	—
Key metrics
	12,177	14,095	8,068	4,576	3,010	1,809	1,183	1,472	1,309	1,062
	52.63%	61.10%	30.20%	14.30%	4.50%	6.70%	8.90%	9.10%	8.40%	11.10%
	43.15%	49.30%	22.60%	8.90%	2.40%	2.70%	2.80%	4.30%	3.10%	2.10%
	—	19.80%	21.70%	—	—	—	—	—	—	—
	—	-13.70%	-16.60%	-52.50%	151.00%	100.80%	-17.60%	4.30%	62.70%	—
	—	88.40%	112.40%	75.30%	125.20%	95.40%	-47.20%	43.40%	147.30%	—
	—	-4,457	-4,547	—	—	—	—	—	—	—
	—	-0.28	-0.61	—	—	—	—	—	—	—
	—	0.17	0.47	—	—	—	—	—	—	—
	—	8,308	12,443	—	—	—	—	—	—	—
	—	26.9	-70.6	—	—	—	—	—	—	—
Balance sheet
	—	82,225	50,338	—	—	—	—	—	—	—
	—	32,352	23,978	—	—	—	—	—	—	—
	—	2,512	237.37	—	—	—	—	—	—	—
	—	4,108	2,292	—	—	—	—	—	—	—
	—	2,066	1,897	—	—	—	—	—	—	—
	—	1,313	948.23	—	—	—	—	—	—	—
	—	880.76	1,058	—	—	—	—	—	—	—
	—	4,475	9,354	—	—	—	—	—	—	—
	—	11,871	13,837	—	—	—	—	—	—	—
	—	10,820	12,681	—	—	—	—	—	—	—
	—	3,840	3,218	—	—	—	—	—	—	—
	—	6,980	9,462	—	—	—	—	—	—	—
	—	62,779	26,699	—	—	—	—	—	—	—
Cash flow
	—	-3,240	-3,714	—	—	—	—	—	—	—
	—	-15,491	-6,466	—	—	—	—	—	—	—
	—	21,006	9,941	—	—	—	—	—	—	—
	—	1,217	832.96	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -30.04%
Sales CAGR 5Y: +11.53%
Sales CAGR 10Y: —
Profit CAGR 3Y: +91.40%
Profit CAGR 5Y: +98.54%
Profit CAGR 10Y: —
Sales YoY (TTM): -6.65%
Profit YoY (TTM): +68.02%

Consolidated

Sales CAGR 3Y: -9.82%
Sales CAGR 5Y: +20.50%
Sales CAGR 10Y: —
Profit CAGR 3Y: +60.17%
Profit CAGR 5Y: +56.92%
Profit CAGR 10Y: —
Sales YoY (TTM): +18.06%
Profit YoY (TTM): +64.16%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 7 Jul 2026

Promoter holding: 71.96%

Quarter	07 Jul 2026	June 2026
Promoter %	71.96%	74.84%

Holder	Type	Holding	Previous	Change
Gautambhai Shantilal Adani and Rajeshbhai Shantilal Adani (on behalf of S.B. Adani Family Trust)	Promoter Group	47.43%	49.33%	-1.90%
Adani Tradeline Private Limited	Promoter Group	8.89%	9.25%	-0.36%
Life Insurance Corporation Of India	Public	3.25%	3.50%	-0.25%
Kempas Trade And Investment Ltd	Promoter Group	3.06%	3.19%	-0.13%
Green Enterprises Investment Holding Rsc Limited	Public	2.97%	3.09%	-0.12%
Sbi Equity Hybrid Fund	Public	2.81%	2.37%	+0.44%
Flourishing Trade And Investment Ltd	Promoter Group	2.81%	2.92%	-0.11%
Worldwide Emerging Market Holding Limited	Promoter Group	2.50%	2.60%	-0.10%
Afro Asia Trade And Investments Limited	Promoter Group	2.50%	2.60%	-0.10%
Infinite Trade And Investment Ltd	Promoter Group	2.01%	2.09%	-0.08%
Goldman Sachs Trust Ii - Goldman Sachs Gqg Partners International Opportunities Fund	Public	1.98%	2.06%	-0.08%
Emerging Market Investment Dmcc	Promoter Group	1.59%	1.65%	-0.06%
Quant Mutual Fund - Quant Small Cap Fund	Public	1.30%	1.21%	+0.09%
Adani Infra (India) Limited	Promoter Group	0.66%	0.69%	-0.03%
Spitze Trade And Investment Limited	Promoter Group	0.33%	0.34%	-0.01%

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Intimation for Press Release - Adani Airport to raise USD 1 billion of primary equity from Marquee global investors9 Sep 2026 · Company Update / Press Release / Media Release
Intimation relating to entering into Shareholders'' Agreement by the Company9 Sep 2026 · Company Update / Memorandum of Understanding /Agreements
Intimation of Investor / Analyst Meet7 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of acquisition of Chandenvalle Infra Park Limited by AdaniConnex Private Limited, a joint venture of the Company27 Aug 2026 · Company Update / Acquisition
Intimation for Investor / Analyst Meet24 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation relating to change in Directorate of the Company21 Aug 2026 · Company Update / Change in Management
Intimation of Investor / Analyst Meet20 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation for acquisition of Path Highways LLP by Adani Road Transport Limited, a wholly owned subsidiary of the Company and Adani GRICL Limited, a step down subsidiary of the Company13 Aug 2026 · Company Update / Acquisition
Intimation for incorporation of wholly subsidiary company by Adani Airport City Limited, a Step down wholly owned subsidiary of the Company8 Aug 2026 · Company Update / Acquisition
Intimation for Investor / Analyst Meet6 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation for submission of earing call transcript for the earning call for the unaudited financial results for the quarter ended on 30.06.2026 held on 29.07.20265 Aug 2026 · Company Update / Earnings Call Transcript
Intimation for incorporation of a wholly owned subsidiary Company by Adani Airport Holdings Limited, a wholly owned subsidiary Company5 Aug 2026 · Company Update / Acquisition
Intimation for completion of further acquisition of 100% stake in Flight Simulation Solutions Private Limited4 Aug 2026 · Company Update / Acquisition
Intimation for submission of audio recording29 Jul 2026 · Company Update / General
Statement of Deviation & Variation for the quarter ended on 30th June, 202629 Jul 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Asset Cover Certificate for the quarter ended on 30th June, 202629 Jul 2026 · Others / Reg. 54 - Asset Cover details
Monitoring Agency Report for the quarter ended on 30th June, 202629 Jul 2026 · Company Update / Monitoring Agency Report
Investor presentation on the unaudited financial results for the quarter ended on 30th June, 202629 Jul 2026 · Company Update / Investor Presentation
Media Release for the unaudited financial results for the quarter ended 30.06.202629 Jul 2026 · Company Update / Press Release / Media Release
Unaudited financial results for the quarter ended on 30.06.202629 Jul 2026 · Result / Financial Results
Unaudited financial results for the quarter ended on 30.06.202629 Jul 2026 · Result / Financial Results
Appointment of Independent Director of the Company29 Jul 2026 · Company Update / Change in Management
Outcome of Board Meeting held on 29th July, 202629 Jul 2026 · Board Meeting / Outcome of Board Meeting
Denial Media Reports24 Jul 2026 · Company Update / General
Denial Media Reports24 Jul 2026 · Company Update / General
Intimation for schedule of investor / analyst call to be held on July 29, 2026 to discuss the financial results for the quarter ended June 30, 2026 and business outlook.18 Jul 2026 · Company Update / Analyst / Investor Meet
Adani Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....18 Jul 2026 · Board Meeting / Board Meeting
Intimation relating to Share Purchase Agreement executed by a subsidiary entity16 Jul 2026 · Company Update / General
Intimation for conversion of partly paid up Rights equity shares in to fully paid up equity shares in relation to the Rights Issue by the Company, upon receipt of the call monies, as applicable13 Jul 2026 · Company Update / General
Clarification in relation to media release submitted on 10th July, 202610 Jul 2026 · Company Update / Press Release / Media Release
Intimation for submission of Media Release10 Jul 2026 · Company Update / Press Release / Media Release
Certificate under Reg.74(5) of SEBI (DP) Reg for the quarter ended on 30.06.20268 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Allotment of Equity Share to Eligible Qualified Institutional Investors7 Jul 2026 · Company Update / Allotment of Equity Shares
Intimation regarding approval of closure of QIPs and Placement documents7 Jul 2026 · Company Update / Qualified Institutional Placement
Intimation for Media Release dated July 7, 20267 Jul 2026 · Company Update / Press Release / Media Release
Intimation for Media Release dated July 5, 20265 Jul 2026 · Company Update / Press Release / Media Release
Intimation - Qualified Institution Placement of Equity Shares of face value Rs.1 each of the company.2 Jul 2026 · Company Update / Qualified Institutional Placement
Intimation for Media Release dated July 2, 20262 Jul 2026 · Company Update / Press Release / Media Release
Intimation of ESG Rating by CARE ESG Ratings Limited2 Jul 2026 · Company Update / Credit Rating
Intimation for Closure of Trading Window30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.3000	12 Jun 2026	12 Jun 2026	—
Right Issue of Equity Shares	17 Nov 2025	17 Nov 2025	—
Final Dividend - Rs. - 1.3000	13 Jun 2025	13 Jun 2025	—

Board meetings

29 Jul 2026 Board Meeting - Financial Results