Adani Ports and Special Economic Zone Ltd

BSE: ADANIPORTS532921ISIN INE742F01042

Services
Port & Port services
BSE SENSEX

BSE listing

Share price

₹1,801.00+64.60 (+3.72%)

as of 18 Sep 2026

52W high: ₹1,891.80
52W low: ₹1,293.10
Off 52W high: -4.80%
1M return: +7.23%
3M return: -1.86%
6M return: +31.93%
1Y return: +27.52%
20D avg volume: 4,67,763
50 DMA: ₹1,728.51
200 DMA: ₹1,615.39

Key ratios Consolidated

Market cap: ₹4,14,943 Cr
Current price: ₹1,801.00
52W high / low: ₹1,891.80 / ₹1,293.10
Face value: ₹2.00
P/E: 31.62
P/B: —
EPS (TTM): ₹56.95
Book value / share: —
ROE: —
ROCE: 11.40%
Operating margin: —
Net margin: —
Debt / equity: 0.56
Net debt: ₹49,941 Cr
Interest cover: 4.14
Dividend yield: 0.42%
Dividend / share (TTM): ₹7.50
Payout: 13.17%
Cash conversion cycle: 40.8 days

About

In plain English

Adani Ports is India's biggest port operator—think of it as the country's largest shipping hub and cargo mover. It runs 15 ports across India's coastline, plus four more overseas, handling everything from containers and oil to grain and steel. When cargo arrives by ship, Adani doesn't just stop at the dock: it also moves that cargo inland using its own fleet of trains (132 rakes), trucks (937 owned, plus 40,000+ on its app), and warehouses near big cities like Delhi and Mumbai. It even operates tugboats and dredgers to help ships maneuver and keep channels deep. For example, a shipping line like CMA CGM might unload containers at Mundra port, then Adani loads them onto a train to a logistics park in Indore and delivers the final miles by truck—all one company doing the whole journey. Besides handling freight, Adani leases thousands of hectares of land near its ports to factories and industrial parks, bringing in more cargo to handle.

AI-generated summary, written from the company's own filings and disclosures. Every figure elsewhere on this page comes from exchange data, not from a model. See our editorial standards. Generated 1 Jul 2026.

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
	10,821	10,738	9,705	9,167	9,126	8,488	7,964	7,067	7,560	6,896	6,920	6,646
	852.91	751.87	234.08	836.60	296.04	281.19	223.35	305.35	494.59	303.44	506.85	305.45
	7,079	7,938	6,283	6,104	5,732	5,382	5,191	4,434	4,239	4,451	4,588	4,477
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	681.66	636.15	563.45	585.51	569.21	530.16	503.17	506.06	469.27	438.50	478.45	477.92
	1,087	1,605	979.72	1,223	846.16	714.92	923.28	659.24	515.23	618.78	975.88	520.10
	1,711	1,615	1,384	1,264	1,255	1,185	1,106	1,077	1,012	979.09	985.32	974.47
	3,599	4,082	3,355	3,032	3,062	2,952	525.82	429.27	376.00	617.69	429.71	420.71
	4,595	3,552	3,656	3,900	3,690	3,388	2,996	2,938	3,815	2,749	2,839	2,475
	0.00	-61.62	-146.08	0.00	0.00	-24.41	-27.85	-51.77	-145.43	-373.70	0.00	0.00
	4,595	3,490	3,510	3,900	3,690	3,363	2,969	2,887	3,670	2,376	2,839	2,475
	657.81	391.66	567.79	570.08	537.00	508.83	501.48	472.63	485.42	326.21	533.12	759.05
	3,650	3,308	3,043	3,120	3,311	3,023	2,518	2,413	3,107	2,015	2,208	1,762
	15.71	14.45	14.04	14.39	15.34	13.95	11.67	11.32	14.41	9.44	10.22	8.09
Key metrics
	7,394	6,710	5,874	6,387	5,791	5,263	4,998	4,622	5,197	3,974	4,800	3,969
	68.30%	62.50%	60.50%	69.70%	63.50%	62.00%	62.80%	65.40%	68.70%	57.60%	69.40%	59.70%
	33.70%	30.80%	31.40%	34.00%	36.30%	35.60%	31.60%	34.10%	41.10%	29.20%	31.90%	26.50%
	—	3.00%	—	4.10%	—	3.60%	—	—	—	—	—	—
	18.60%	26.50%	21.90%	29.70%	20.70%	23.10%	15.10%	6.30%	—	—	—	—
	10.20%	9.40%	20.80%	29.30%	6.50%	50.00%	14.00%	36.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	40,430	38,736	31,079	26,711	20,852	15,934	12,550	11,873	10,925	11,323
	2,675	2,119	1,304	1,499	1,553	2,155	1,970	1,861	1,362	1,011
	27,402	26,056	19,246	17,581	15,691	12,335	8,214	9,427	7,093	6,945
	0.00	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	2,467	2,354	2,009	1,896	1,178	663.92	615.05	546.52	529.81	447.32
	4,895	4,654	2,813	2,846	2,363	2,541	2,255	1,813	1,385	—
	5,974	5,517	4,379	3,888	3,423	2,740	2,107	1,680	1,373	—
	14,067	13,530	10,045	1,834	1,186	889.49	691.62	663.90	567.35	498.40
	15,703	14,799	13,138	10,629	6,715	5,754	6,306	4,307	5,195	5,389
	-207.70	-207.70	-249.46	-373.70	-1,273	-405.19	0.00	-58.63	-68.95	-155.18
	15,496	14,591	12,888	10,255	5,441	5,348	6,306	4,248	5,126	5,234
	2,187	2,067	1,968	1,990	96.38	745.92	1,243	459.39	1,081	1,544
	13,121	12,782	11,061	8,104	5,393	4,795	5,049	3,785	4,045	3,690
	58.59	58.23	51.35	37.55	24.58	22.39	24.58	18.35	19.27	—
Key metrics
	26,364	24,762	20,080	16,990	11,227	10,629	10,669	7,742	7,885	5,234
	65.21%	63.90%	64.60%	63.60%	53.80%	66.70%	85.00%	65.20%	72.20%	46.20%
	32.45%	33.00%	35.60%	30.30%	25.90%	30.10%	40.20%	31.90%	37.00%	32.60%
	—	11.40%	13.70%	—	—	—	—	—	—	—
	—	24.60%	16.40%	28.10%	30.90%	27.00%	5.70%	8.70%	-3.50%	—
	—	15.60%	36.50%	50.30%	12.50%	-5.00%	33.40%	-6.40%	9.60%	—
	—	5,036	9,177	—	—	—	—	—	—	—
	—	1.59	1.56	—	—	—	—	—	—	—
	—	0.56	0.71	—	—	—	—	—	—	—
	—	49,941	42,404	—	—	—	—	—	—	—
	—	40.8	26.2	—	—	—	—	—	—	—
Balance sheet
	—	1,85,315	1,35,332	—	—	—	—	—	—	—
	—	21,975	18,757	—	—	—	—	—	—	—
	—	5,162	3,406	—	—	—	—	—	—	—
	—	6,383	4,432	—	—	—	—	—	—	—
	—	685.00	521.80	—	—	—	—	—	—	—
	—	2,913	1,800	—	—	—	—	—	—	—
	—	1,02,004	68,572	—	—	—	—	—	—	—
	—	2,736	2,720	—	—	—	—	—	—	—
	—	15,760	20,938	—	—	—	—	—	—	—
	—	55,103	45,810	—	—	—	—	—	—	—
	—	4,679	9,979	—	—	—	—	—	—	—
	—	50,424	35,831	—	—	—	—	—	—	—
	—	98,981	64,973	—	—	—	—	—	—	—
Cash flow
	—	20,356	17,226	—	—	—	—	—	—	—
	—	-13,118	-8,480	—	—	—	—	—	—	—
	—	-5,483	-6,916	—	—	—	—	—	—	—
	—	15,320	8,049	—	—	—	—	—	—	—

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
	2,244	2,773	1,860	2,058	1,839	2,130	2,182	1,803	1,890	1,964	1,887	1,530
	1,260	822.36	572.50	1,033	588.53	494.90	521.08	540.27	851.51	523.75	587.51	415.93
	1,620	3,459	1,917	2,582	1,693	1,629	2,104	1,471	1,650	1,661	1,665	1,633
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	56.45	127.94	62.50	71.62	85.80	62.70	70.56	78.97	88.07	109.53	65.76	71.27
	778.88	2,005	1,211	1,874	920.62	762.62	1,402	771.38	655.03	731.47	794.31	618.84
	181.82	192.39	165.98	165.54	162.90	170.34	163.35	163.11	163.77	162.44	167.51	165.46
	603.11	1,133	476.85	470.70	523.58	633.68	132.38	137.62	392.45	204.91	187.73	128.41
	1,884	136.31	516.25	509.13	734.48	995.36	599.47	872.29	1,092	826.47	809.58	313.10
	0.00	-79.48	-75.72	0.00	0.00	0.00	—	—	—	—	—	—
	1,884	56.83	440.53	509.13	734.48	995.36	599.47	872.29	1,092	826.47	809.58	313.10
	326.07	-142.00	153.91	59.66	229.58	295.23	190.58	300.15	316.42	203.57	284.09	117.25
	1,557	198.83	286.62	449.47	504.90	700.13	408.89	572.14	775.99	622.90	525.49	195.85
	6.76	0.86	1.32	2.08	2.34	3.24	1.89	2.65	3.59	2.88	2.43	0.91
Key metrics
	2,844	2,254	1,818	2,549	1,818	1,928	2,165	1,807	1,911	1,720	1,771	1,097
	126.70%	81.30%	97.70%	123.90%	98.90%	90.50%	99.20%	100.20%	101.10%	87.60%	93.90%	71.70%
	69.40%	7.20%	15.40%	21.80%	27.50%	32.90%	18.70%	31.70%	41.00%	31.70%	27.90%	12.80%
	—	1.90%	—	2.90%	—	2.20%	—	—	—	—	—	—
	22.00%	30.20%	-14.70%	14.20%	-2.70%	8.50%	15.70%	17.80%	—	—	—	—
	208.50%	-71.60%	-29.90%	-21.40%	-34.90%	12.40%	-22.20%	192.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	8,935	8,535	8,005	6,807	5,237	4,206	4,377	4,643	5,336	6,534
	3,688	3,023	2,408	1,977	2,999	2,519	2,266	2,903	2,343	1,607
	9,578	9,174	6,853	6,252	7,706	5,492	3,734	5,515	3,894	4,015
	0.00	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	318.51	349.43	300.30	332.93	294.70	238.34	235.01	224.61	230.89	193.78
	5,869	5,476	3,591	3,214	2,680	2,494	2,327	1,752	1,422	—
	705.73	686.81	660.57	655.59	612.98	599.61	619.18	553.29	474.21	470.52
	2,684	2,662	2,301	650.27	551.88	433.67	351.79	335.59	325.58	316.66
	3,045	2,384	3,560	2,532	529.93	1,234	2,910	2,032	3,786	4,127
	-155.20	-155.20	0.00	—	-1,558	-611.83	—	—	-121.90	-297.38
	2,890	2,229	3,560	2,532	-1,028	621.73	2,910	2,032	3,664	3,829
	397.64	436.08	1,102	793.57	548.80	324.17	981.71	97.48	1,026	1,421
	2,492	1,793	2,457	1,738	-479.43	297.56	1,928	1,934	2,638	2,408
	11.02	8.15	11.37	8.05	-2.22	1.41	9.49	9.43	12.74	11.63
Key metrics
	9,465	8,391	7,811	6,402	2,265	3,715	5,856	4,337	5,560	4,300
	105.93%	98.30%	97.60%	94.10%	43.30%	88.30%	133.80%	93.40%	104.20%	65.80%
	27.90%	21.00%	30.70%	25.50%	-9.20%	7.10%	44.00%	41.70%	49.40%	36.90%
	—	7.20%	9.10%	—	—	—	—	—	—	—
	—	6.60%	17.60%	30.00%	24.50%	-3.90%	-5.70%	-13.00%	-18.30%	—
	—	-27.00%	41.30%	462.60%	-261.10%	-84.60%	-0.30%	-26.70%	9.50%	—
	—	4,106	3,968	—	—	—	—	—	—	—
	—	3.33	2.23	—	—	—	—	—	—	—
	—	0.77	1.69	—	—	—	—	—	—	—
	—	47,592	51,008	—	—	—	—	—	—	—
	—	38.5	43.4	—	—	—	—	—	—	—
Balance sheet
	—	1,13,545	86,459	—	—	—	—	—	—	—
	—	6,833	5,097	—	—	—	—	—	—	—
	—	310.70	464.28	—	—	—	—	—	—	—
	—	1,346	1,304	—	—	—	—	—	—	—
	—	57.97	89.97	—	—	—	—	—	—	—
	—	796.93	459.38	—	—	—	—	—	—	—
	—	10,793	11,261	—	—	—	—	—	—	—
	—	504.73	443.09	—	—	—	—	—	—	—
	—	6,689	7,621	—	—	—	—	—	—	—
	—	47,903	51,473	—	—	—	—	—	—	—
	—	3,294	3,540	—	—	—	—	—	—	—
	—	44,609	47,933	—	—	—	—	—	—	—
	—	61,840	30,437	—	—	—	—	—	—	—
Cash flow
	—	5,973	5,471	—	—	—	—	—	—	—
	—	-4,157	-2,533	—	—	—	—	—	—	—
	—	-1,969	-2,820	—	—	—	—	—	—	—
	—	1,868	1,503	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +17.68%
Sales CAGR 5Y: +14.29%
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: -1.44%
Profit CAGR 10Y: —
Sales YoY (TTM): +12.34%
Profit YoY (TTM): +14.01%

Consolidated

Sales CAGR 3Y: +22.93%
Sales CAGR 5Y: +25.28%
Sales CAGR 10Y: —
Profit CAGR 3Y: +33.33%
Profit CAGR 5Y: +20.42%
Profit CAGR 10Y: —
Sales YoY (TTM): +23.85%
Profit YoY (TTM): +16.48%

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 30 Jun 2026

Promoter holding: 66.03%

Holder	Type	Holding	Previous	Change
Gautambhai Shantilal Adani & Rajeshbhai Shantilal Adani (on behalf of S. B. Adani Family Trust)	Promoter Group	30.85%	—	—
Life Insurance Corporation Of India	Public	6.43%	—	—
Carmichael Rail And Port Singapore Holdings Pte. Ltd.	Promoter Group	6.24%	—	—
Adani Tradeline Private Limited	Promoter Group	6.00%	—	—
Emerging Market Investment Dmcc	Promoter Group	5.91%	—	—
Flourishing Trade And Investment Ltd	Promoter Group	5.40%	—	—
Afro Asia Trade And Investments Limited	Promoter Group	3.90%	—	—
Adani Rail Infra Private Limited	Promoter Group	3.07%	—	—
Resurgent Trade And Investment Ltd	Promoter Group	2.30%	—	—
Goldman Sachs Trust Ii - Goldman Sachs Gqg Partners International Opportunities Fund	Public	1.93%	—	—
Worldwide Emerging Market Holding Limited	Promoter Group	1.75%	—	—
Sbi Nifty 50 Etf	Public	1.41%	—	—
Spitze Trade And Investment Limited	Promoter Group	0.54%	—	—
Body Corp-Ltd Liability Partnership	Public	0.07%	—	—
Adani Properties Private Limited	Promoter Group	0.07%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Announcement under Regulation 30 (LODR) -Update11 Sep 2026 · Company Update / General
Receipt of Letter of Award (LOA) for development and operations of two dry buik berths at Paradip Port, Odisha9 Sep 2026 · Company Update / Award of Order / Receipt of Order
Intimation of interaction with Investors / Analysts7 Sep 2026 · Company Update / Analyst / Investor Meet
Media Release: APSEZ to start Dedicated Empty Container Yard operations at Mundra Port and SEZ3 Sep 2026 · Company Update / General
Intimation of interaction with Investors / Analysts2 Sep 2026 · Company Update / Analyst / Investor Meet
Operational performance update2 Sep 2026 · Company Update / General
Incorporation of step-down subsidiary.1 Sep 2026 · Company Update / General
Intimation of interaction with Institutional Investors / Analysts21 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation of interaction with Institutional Investors / Analysts17 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Incorporation of step-down subsidiary.11 Aug 2026 · Company Update / General
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Incorporation of step-down subsidiary11 Aug 2026 · Company Update / General
Update on ESG Rating10 Aug 2026 · Company Update / General
Intimation of interaction with Institutional Investors / Analysts6 Aug 2026 · Company Update / Analyst / Investor Meet
Operational performance update3 Aug 2026 · Company Update / General
Transcript of Earnings Call3 Aug 2026 · Company Update / General
Update on ESG Rating1 Aug 2026 · Company Update / General
Audio Recording of Investor Call29 Jul 2026 · Company Update / Analyst / Investor Meet
Rumour verification29 Jul 2026 · Others
Submission of Media Release and Investor Presentation29 Jul 2026 · Company Update / Press Release / Media Release
Outcome of Board Meeting29 Jul 2026 · Board Meeting / Outcome of Board Meeting
Inaugural Taskforce on Nature-related Financial Disclosures (TNFD) Report for FY 2025-26.24 Jul 2026 · Company Update / General
Update on Credit Rating16 Jul 2026 · Company Update / Credit Rating
Newspaper publication - Second 100 Days Campaign- 'Saksham Niveshak' - for KYC and other related updation and shareholder engagement to prevent transfer of Unpaid / Unclaimed dividends ....9 Jul 2026 · Company Update / General
Adani Ports And Special Economic Zone 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 ....7 Jul 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 20184 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Update on Credit Rating3 Jul 2026 · Company Update / Credit Rating
Monthly Operational Performance Update2 Jul 2026 · Company Update / General
Intimation of ESG Rating30 Jun 2026 · Company Update / General
Closure of trading window30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Entering into agreement with Mundi Limited, pursuant to which Mundi Limited will invest for 49% interest in Adani Vizhinjam Port Private Limited.30 Jun 2026 · Company Update / Memorandum of Understanding /Agreements
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation of ESG Rating by CareEdge ESG Ratings Limited.26 Jun 2026 · Company Update / General
Media Release25 Jun 2026 · Company Update / General
Update on Credit Rating25 Jun 2026 · Company Update / Credit Rating
Details of Voting Results of 27th Annual General Meeting of the Company.25 Jun 2026 · AGM/EGM / AGM
Proceedings of the 27th Annual General Meeting of the Company held on June 24, 202624 Jun 2026 · AGM/EGM / AGM
Media Release regarding "APSEZ Expands Partnership with US-Based Kaleris to Accelerate AI-Led Transformation".16 Jun 2026 · Company Update / General
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - ESG Rating12 Jun 2026 · Company Update / General
Intimation of interaction with Institutional Investors / Analysts10 Jun 2026 · Company Update / Analyst / Investor Meet
APSEZ secures 10 year Marine Services for Argentina''s First LNG Export to India8 Jun 2026 · Company Update / General
Incorporation of step-down subsidiary.5 Jun 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 7.5000	12 Jun 2026	12 Jun 2026	—
Final Dividend - Rs. - 7.0000	13 Jun 2025	13 Jun 2025	—

Board meetings

29 Jul 2026 Board Meeting - Financial Results