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Adani Enterprises Ltd.
ADANIENTLarge CapNSEBSE
Metals & Mining · Metals & Mining
₹2,965.70down 202.80down 6.40 percentas of 31 Aug 2026
Book value ₹586.11Div yield 0.04%
Key metrics
- Market Cap
- 3,95,336.78 ₹ cr
- P/E
- 42.56 x
- P/B
- 5.06 x
- ROE
- 7.14%
- ROCE
- 8.34%
- Debt to Equity
- 0.32 x
- Net Margin
- 11.71%
- Dividend Yield
- 0.04%
- Revenue Growth (YoY)
- 49.92%
Observations
Mechanical observations generated from stored data, not analysis or opinion. Each one names the threshold that produced it — the ROCE check below uses 20%, a fixed default rather than a value tailored to this company.
- ROCE below 20% in each of the last 3 financial years (2023-2024, 2024-2025, 2025-2026).
- Revenue declined year-on-year in 1 of the last 3 years.
- Net margin grew year-on-year in each of the last 3 years.
- Promoter holding 72.0% (pledge data not available).
- Debt-to-equity 0.32 — below the Metals & Mining median of 0.35.
ADANIENT
₹2,965.70down 6.40 percent
EOD Synced: 31 Aug 2026 18:30 ISTOverview & Live Price Chart
Executive Investment Verdict & Quality Synthesis
Autonomous V2Multi-dimensional quantitative synthesis across capital efficiency, forensic accounting, intrinsic valuation, and ownership governance.
Factual Quantitative Consensus
1. Capital Efficiency & MoatCapital Intensive
4.36%ROCE
ROE: 11.54%·P/B: 5.06x
2. Forensic Health & SolvencyPiotroski 4/9 · Adequate Health
4/9Piotroski Score
Altman: 1.2 (Grey Zone)
3. Valuation & DCF Spread+17.7% Margin of Safety
₹3,490DCF Fair Value
CMP: ₹2,965.7
4. Ownership & GovernanceClean Promoter Holding
71.97%Promoter Stake
Pledged: 0.0%·Inst: 17.24%
Institutional Factor Scores
QVGM Factor Grade Matrix
Institutional Multi-Factor Profile (QVGM)
Composite 0–100 percentile ranks normalized across all 500 universe constituents
Rank #23 of 26 in Metals & MiningQVGM 44/100
Quality (Q)39
ROE, ROCE, Margins & Cash Conversion
Value (V)31
P/E, P/B, EV/EBITDA vs Sector Benchmarks
Growth (G)46
3Y Sales & EPS Compounded Growth
Momentum (M)67
Relative Strength & Trend Position
TheScreener Radar™ 5-Pillar Quantitative Scorecard
Holistic quantitative radar evaluating fundamental quality, valuation multiples, balance sheet health, growth, and price momentum
Sector Rank:Rank #23 of 26 in Metals & Mining
Valuation
Weak31/100
P/E Ratio:42.56x
P/B Ratio:5.06x
Dividend Yield:0.04%
P/E, P/B, EV/EBITDA & Dividend Yield relative to 5Y medians and sector
Growth
Moderate46/100
3Y Sales CAGR:—
3Y PAT CAGR:—
Quarterly YoY:+12.4%
3-Year Compounded Sales & Net Profit Growth trajectory
Profitability
Weak39/100
ROE:11.5%
ROCE:4.4%
OPM %:—
Return on Equity (ROE), ROCE & Operating Margin efficiency
Solvency & Health
Moderate44/100
Piotroski F-Score:4/9
Altman Z-Score:1.19
Debt / Equity:0.00
Balance Sheet strength, Altman Z-Score & Piotroski F-Score checklist
Momentum
Moderate67/100
1Y Return:—
RSI (14):54.2
From 52W High:—
1-Year Relative Strength vs NIFTY 500, RSI-14 & 52W High distance
Quantitative Drivers & Growth Analysis
52-week corridor, deep valuation multiples, compounded CAGR trajectory, and institutional flow shifts
52-Week Low₹1,758.80
From 52W High-7.67%
52-Week High₹3,212.10
Valuation MultiplesCash Flow & Yield
PEG Ratio0.94
Earnings Yield3.25%
Price / FCF—
FCF Yield-3.02%
Payout Ratio1.35%
Net-Net Ratio-50.10
Solvency & SafetyPiotroski & Altman
Piotroski F-Score4/9
Altman Z-Score1.19
Graham Number₹1,127.38
1Y Flow & Margin ShiftsTrailing 12M
FII Stake:▲ +1.74%
DII Stake:▲ +1.33%
OPM Margin:▼ 1.84%
Net Margin:▲ +2.04%
Compounded Annual Growth Rate (CAGR Matrix)
Historical Fundamental Trajectory| Metric | QoQ Shift | YoY Shift | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Revenue Growth | ▲ +1.49% | ▲ +49.92% | 2.63% | -7.64% | 20.50% |
| Net Profit Growth | — | ▼ 231.07% | 31.56% | 55.73% | 58.88% |
| EPS Growth | — | ▼ 37.83% | 19.95% | 45.19% | 48.94% |
Intrinsic Valuation Models & DCF Sensitivity
Institutional DCF & Intrinsic Valuation Studio — ADANIENT
2-Stage Discounted Cash Flow, Reverse DCF Implied Growth, and Benjamin Graham & Peter Lynch valuation benchmarks.
DCF Intrinsic Fair Value
₹3,592.5
Verdict:Undervalued (+21.1%)
Benjamin Graham Number
₹999.7
-66.3% vs CMPPeter Lynch Fair Value
₹443.5
-85% vs CMPReverse DCF Implied Growth
-20.0% CAGR
Modest Expectations (High Margin of Safety)Valuation Spectrum PositioningCMP: ₹2,965.7
₹0 (Distress)CMP: ₹2,966DCF: ₹3,592Graham: ₹1,000
Scenario Calibration & Sensitivity Levers
Tune Discount Rate (WACC), 5-Year Growth, and Terminal Value to model bear, base, and bull cases.
Discount Rate (WACC)11.5%
Cost of Capital Hurdle
5-Year FCF Growth CAGR6.0%
Assumed stage-1 cash flow expansionTerminal Growth Rate4.5%
Long-term perpetual GDP growth rate5-Year Projected Cash Flow Schedule (₹ Cr)
| Projection Period | Growth Rate | Projected FCF | Discount Factor | Present Value |
|---|---|---|---|---|
| Year 1 | 6% | ₹37,870 | 0.8969 | ₹33,964 |
| Year 2 | 6% | ₹40,142 | 0.8044 | ₹32,288 |
| Year 3 | 6% | ₹42,550 | 0.7214 | ₹30,696 |
| Year 4 | 6% | ₹45,103 | 0.6470 | ₹29,182 |
| Year 5 | 6% | ₹47,809 | 0.5803 | ₹27,742 |
2D Sensitivity Matrix (WACC vs Terminal Growth Rate)
Click any cell to apply WACC & terminal growth scenario. Values in ₹ / share.| WACC \ g(Terminal) | 3.0% | 4.0% | 4.5% | 5.0% | 6.0% |
|---|---|---|---|---|---|
| 10.0% | ₹3816 +29% | ₹4417 +49% | ₹4800 +62% | ₹5259 +77% | ₹6522 +120% |
| 11.0% | ₹3230 +9% | ₹3665 +24% | ₹3933 +33% | ₹4245 +43% | ₹5057 +71% |
| 11.5% | ₹2989 +1% | ₹3365 +13% | ₹3592 +21% | ₹3855 +30% | ₹4525 +53% |
| 12.0% | ₹2775 -6% | ₹3102 +5% | ₹3297 +11% | ₹3521 +19% | ₹4081 +38% |
| 13.0% | ₹2411 -19% | ₹2663 -10% | ₹2812 -5% | ₹2978 +0% | ₹3383 +14% |
Discounted cash flow (DCF) and valuation models are quantitative projections based on user-supplied assumptions — not a forecast, not a guarantee of future performance, and not SEBI-registered investment advice. Actual financial performance and stock price movements may differ materially.
New to intrinsic valuation models? Learn how Discounted Cash Flow and Terminal Growth rates work.Read DCF Academy Guide →
Valuation history
P/E42.56current
ReportedComputed, approximate
P/B5.06current
ReportedComputed, approximate
The dashed line is computed from historical close price divided by the most recently reported annual EPS or book value — not IndianAPI's own figure, which only ever gives a single current reading with no history behind it. Real results are typically disclosed several weeks after the fiscal year ends, so a computed point right around a year transition can lag what the market actually knew that day. The solid line is the real reported figure.
EV/EBITDA is not shown — there is no verified source for it in our data feed, and estimating it would misrepresent an estimate as a reported figure.
| Date | P/E | P/B |
|---|---|---|
| 31 Aug 2026 | 42.56 | 5.06 |
Analyst Consensus, Price Targets & Forecasts
Analyst Consensus & Recommendations
Aggregated institutional equity research ratings · 31 Aug 2026
Strong Buy(1.67 / 5)
Strong Buy:1
Buy:2
Hold:0
Sell:0
Strong Sell:0
Coverage: 3 contributing analystsScale: 1 (Strong Buy) – 5 (Strong Sell)
Ratings shown are third-party analyst estimates compiled from institutional brokers. They do not constitute investment advice.
Risk Profile & Volatility
Statistical return volatility classification · 31 Aug 2026
Balanced risk
Low RiskModerate RiskHigh Risk
Annualised Standard Deviation:33.83%
Analyst Price Targets
12-month forward price consensus · 31 Aug 2026
Upside: +26.01%
Mean Target₹3,737.00vs CMP ₹2,965.70
High Target₹3,830.00+29.1% max upside
Low Target₹3,638.0022.7% downside
Median Target₹3,744.003 estimates
Low: ₹3,638.00Mean: ₹3,737.00High: ₹3,830.00
Mean Target Current Price (₹2,965.70)
Price targets are third-party analyst estimates compiled from institutional brokers. They do not constitute investment advice.
Forward Financial Forecasts & Consensus Estimates
Institutional broker consensus estimates and forward earnings trajectory
FY2024EConsensus
Mean Estimate
₹2.06
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹8.61
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹17.09
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹6.10
Low:—
High:—
FY2025EConsensus
Mean Estimate
₹-0.83
Low:—
High:—
FY2025E1 Analysts
Mean Estimate
₹14.37
Low:—
High:—
FY2025EConsensus
Mean Estimate
₹12.69
Low:—
High:—
FY2025E1 Analysts
Mean Estimate
₹0.04
Low:—
High:—
FY2026EConsensus
Mean Estimate
₹-1.71
Low:—
High:—
FY2026E1 Analysts
Mean Estimate
₹5.84
Low:—
High:—
FY2026E1 Analysts
Mean Estimate
₹-3.19
Low:—
High:—
FY2026E1 Analysts
Mean Estimate
₹-0.04
Low:—
High:—
FY2027EConsensus
Mean Estimate
—
Low:—
High:—
FY2027E2 Analysts
Mean Estimate
₹11.39
Low:—
High:—
FY2027EConsensus
Mean Estimate
—
Low:—
High:—
FY2027EConsensus
Mean Estimate
—
Low:—
High:—
FY2028EConsensus
Mean Estimate
—
Low:—
High:—
FY2028EConsensus
Mean Estimate
—
Low:—
High:—
FY2028EConsensus
Mean Estimate
—
Low:—
High:—
FY2028EConsensus
Mean Estimate
—
Low:—
High:—
| Period / Fiscal Year | Consensus Mean | Bull Case (High) | Bear Case (Low) | Brokers |
|---|---|---|---|---|
| FY2024 Forecast | ₹2.06 | — | — | — |
| FY2024 Forecast | ₹8.61 | — | — | — |
| FY2024 Forecast | ₹17.09 | — | — | — |
| FY2024 Forecast | ₹6.10 | — | — | — |
| FY2025 Forecast | ₹-0.83 | — | — | — |
| FY2025 Forecast | ₹14.37 | — | — | 1 |
| FY2025 Forecast | ₹12.69 | — | — | — |
| FY2025 Forecast | ₹0.04 | — | — | 1 |
| FY2026 Forecast | ₹-1.71 | — | — | — |
| FY2026 Forecast | ₹5.84 | — | — | 1 |
| FY2026 Forecast | ₹-3.19 | — | — | 1 |
| FY2026 Forecast | ₹-0.04 | — | — | 1 |
| FY2027 Forecast | — | — | — | — |
| FY2027 Forecast | ₹11.39 | — | — | 2 |
| FY2027 Forecast | — | — | — | — |
| FY2027 Forecast | — | — | — | — |
| FY2028 Forecast | — | — | — | — |
| FY2028 Forecast | — | — | — | — |
| FY2028 Forecast | — | — | — | — |
| FY2028 Forecast | — | — | — | — |
Third-party broker forecasts compiled from institutional research houses, not IndiScreener's proprietary estimates. Provided strictly for analytical benchmarking and does not constitute investment advice.
Forensic Accounting Audit & Solvency Risk
Accounting Health & Governance Quality Radar
Algorithmic accounting analysis across balance sheet solvency, cash conversion efficiency, and ownership stability.
Clean Governance & Solvency
Financial Strengths & Catalysts
2 Factors- •Net profit has grown at an impressive 55.7% CAGR over 3 years.
- •High promoter holding of 72.0% with zero encumbrance / pledge.
Risk Factors & Watchouts
1 Watchout- •Cash conversion lag: Operating Cash Flow is below 50% of reported Net Profit.
Forensic Accounting & Health Audit
Piotroski F-Score, Altman Z-Score Distress Model & Beneish Earnings Manipulation Checks
Piotroski F-Score4 / 9
● Moderate (Neutral)
Altman Z-Score1.19
● Grey Zone
Moderate risk; company exhibits average leverage and liquidity.
Beneish M-Score-2.23
● Low Risk (Clean Accounting)
Cash flows closely match reported earnings with conservative accruals.
Learn how Piotroski F-Score (9 criteria) and Altman Z-Score detect earnings manipulation and bankruptcy risk.Read Forensic Guide →
10-Year Financial Statements & DuPont ROE
Financial Statements
consolidated · amounts in ₹ Crores
Accounting Flow:
Wall Street Cash Flow & Free Cash Flow (FCF) Cascade
FY26 (2025-2026)3-Stage institutional flow from reported earnings to owner Free Cash Flow and capital allocation
FCF Conversion Rate (FCF / PAT)
-332.1%Low Cash Conversion
Measures how much reported accounting profit turns into real liquid cash.
Free Cash Flow Margin
-30.9%of Gross Revenue
Liquid cash retained per ₹100 of top-line revenue generated.
CapEx Reinvestment Rate
1415.8%of Operating Cash
Portion of operating cash reinvested in future capacity and maintenance.
Reported Net Profit (PAT)₹9,339 CrInflow
9,339
+ D&A Non-Cash Charge₹6,135 CrAdd-back
6,135
Working Capital Adjustment-₹13,118 Cr- Tied Up
13,118
= Operating Cash Flow (CFO)₹2,357 CrOperating Cash
2,357
- Capital Expenditures (CapEx)-₹33,369 CrReinvestment
33,369
= Free Cash Flow (FCF)-₹31,012 CrFree Cash Flow
31,012
- Dividends & Debt Repayment-₹2,055 CrCapital Return
2,055
= Net Change in Cash-₹33,067 CrNet Balance
33,067
Multi-Year Historical FCF vs Reported PAT Trajectory:
Free Cash Flow (FCF) Reported Net Profit (PAT)
| Metric | 2014-201531 Mar 2015 | 2015-201631 Mar 2016 | 2016-201731 Mar 2017 | 2017-201831 Mar 2018 | 2018-201931 Mar 2019 | 2019-202031 Mar 2020 | 2020-202131 Mar 2021 | 2021-202231 Mar 2022 | 2022-202331 Mar 2023 | 2023-202431 Mar 2024 | 2024-202531 Mar 2025 | 2025-202631 Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | ₹50,234.31 | ₹43,402.56 | ₹39,537.13 | ₹69,420.18 | ₹1.28 L | ₹96,420.98 | ₹97,894.75 | ₹1.00 L |
| Operating profit | — | — | — | — | ₹10,046.86 | ₹2,406.21 | ₹1,771.31 | ₹2,752.05 | ₹6,672.47 | ₹8,120.36 | ₹10,411.38 | ₹8,832.00 |
| OPM | — | — | — | — | 20.00% | 5.54% | 4.48% | 3.96% | 5.23% | 8.42% | 10.64% | 8.79% |
| Net profit | — | — | — | — | ₹4,669.74 | ₹1,138.17 | ₹922.64 | ₹776.56 | ₹2,472.94 | ₹3,240.78 | ₹7,099.00 | ₹9,339.47 |
| EPS | — | — | — | — | 34.45 | 8.58 | 9.68 | 6.84 | 23.18 | 30.93 | 59.15 | 70.95 |
| Net margin | — | — | — | — | 9.30% | 2.62% | 2.33% | 1.12% | 1.94% | 3.36% | 7.25% | 9.30% |
| ROE | — | — | — | — | 15.37% | 6.72% | 5.38% | 3.49% | 7.48% | 8.29% | 14.11% | 11.54% |
| ROCE | 9.00% | 3.00% | 7.00% | 6.00% | 24.91% | 10.19% | 5.87% | 4.75% | 6.90% | 6.96% | 6.91% | 4.36% |
| Debt / equity | — | — | — | — | 0.33 | 0.76 | 0.94 | 1.89 | 1.61 | 1.67 | 1.82 | 1.32 |
Compounded growth (CAGR)
| Metric | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|
| Revenue | 2.63% | -7.64% | 20.50% | — |
| Net profit | 31.56% | 55.73% | 58.88% | — |
| EPS | 19.95% | 45.19% | 48.94% | — |
Each column only appears when 12 real reported years actually support it — never extrapolated from fewer.
Balance sheet
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | — | — | — | ₹55,257.74 | ₹46,898.36 | ₹51,642.86 | ₹1.02 L | ₹1.41 L | ₹1.61 L | ₹1.98 L | ₹2.62 L |
| Total liabilities | — | — | — | — | ₹24,865.98 | ₹29,951.79 | ₹34,484.29 | ₹79,503.68 | ₹1.08 L | ₹1.22 L | ₹1.48 L | ₹1.81 L |
| Total equity | — | — | — | — | ₹30,391.75 | ₹16,946.57 | ₹17,158.57 | ₹22,256.51 | ₹33,051.01 | ₹39,076.09 | ₹50,313.97 | ₹80,925.95 |
| Total debt | — | — | — | — | ₹9,946.39 | ₹12,870.25 | ₹16,176.84 | ₹42,120.65 | ₹53,200.46 | ₹65,310.15 | ₹91,819.17 | ₹1.07 L |
| Cash | — | — | — | — | ₹6,630.93 | ₹1,591.80 | ₹508.18 | ₹812.33 | ₹1,606.85 | ₹1,928.83 | ₹2,088.23 | ₹3,001.89 |
| Current assets | — | — | — | — | ₹24,865.98 | ₹24,182.92 | ₹19,963.31 | ₹30,945.39 | ₹37,021.73 | ₹36,526.15 | ₹40,725.89 | ₹60,958.69 |
| Current liabilities | — | — | — | — | ₹13,814.43 | ₹23,288.88 | ₹21,483.09 | ₹43,849.78 | ₹44,803.05 | ₹44,058.11 | ₹47,383.15 | ₹58,912.25 |
| Inventory | — | — | — | — | ₹5,023.43 | ₹2,562.37 | ₹1,757.04 | ₹6,788.28 | ₹6,918.05 | ₹9,486.86 | ₹10,287.39 | ₹18,712.98 |
| Receivables | — | — | — | — | ₹6,028.12 | ₹13,651.52 | ₹12,633.08 | ₹14,456.50 | ₹13,698.02 | ₹10,880.87 | ₹11,097.90 | ₹14,453.50 |
| Payables | — | — | — | — | ₹4,521.09 | ₹11,813.66 | ₹11,756.34 | ₹17,647.82 | ₹28,546.85 | ₹24,669.26 | ₹20,867.68 | ₹27,369.93 |
| Net PP&E | — | — | — | — | ₹22,103.09 | ₹13,677.89 | ₹14,333.75 | ₹40,338.94 | ₹67,488.88 | ₹80,629.94 | ₹99,011.82 | ₹1.27 L |
| Retained earnings | — | — | — | — | ₹22,793.82 | ₹12,303.42 | ₹13,223.69 | ₹15,162.54 | ₹16,885.82 | ₹22,568.15 | ₹29,472.83 | ₹35,472.97 |
Cash flow
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | — | — | — | ₹5,837.17 | ₹2,453.56 | ₹4,093.53 | ₹1,385.28 | ₹17,626.46 | ₹10,264.07 | ₹4,561.22 | ₹2,356.91 |
| Capital expenditure | — | — | — | — | ₹3,014.06 | ₹-2,901.16 | ₹-4,138.98 | ₹-11,647.48 | ₹-14,724.72 | ₹-22,365.91 | ₹-29,171.14 | ₹-33,369.12 |
| Free cash flow | — | — | — | — | ₹2,823.11 | ₹-447.60 | ₹-45.45 | ₹-10,262.20 | ₹2,901.74 | ₹-12,101.84 | ₹-24,609.92 | ₹-31,012.21 |
| OCF / net profit | — | — | — | — | 1.25 | 2.16 | 4.44 | 1.78 | 7.13 | 3.17 | 0.64 | 0.25 |
| FCF / Capex intensity | — | — | — | — | 0.06 | 6.68 | 10.47 | 16.78 | 11.55 | 23.20 | 29.80 | 33.21 |
Income statement detail
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | — | — | — | — | ₹17,582.01 | ₹6,987.13 | ₹6,852.63 | ₹11,027.62 | ₹29,125.56 | ₹42,421.60 | ₹44,648.73 | ₹44,171.88 |
| Cost of revenue | — | — | — | — | ₹32,652.30 | ₹36,415.43 | ₹32,684.50 | ₹58,392.56 | ₹98,413.94 | ₹53,999.38 | ₹53,246.02 | ₹56,296.73 |
| EBITDA | — | — | — | — | ₹11,051.55 | ₹2,878.27 | ₹2,308.45 | ₹3,999.83 | ₹9,108.61 | ₹11,162.51 | ₹14,622.71 | ₹14,967.34 |
| Income before tax | — | — | — | — | ₹6,210.75 | ₹1,122.33 | ₹1,085.97 | ₹952.05 | ₹3,237.92 | ₹4,924.91 | ₹10,478.74 | ₹13,524.66 |
| Interest expense | — | — | — | — | ₹2,511.72 | ₹1,150.47 | ₹520.84 | ₹1,537.94 | ₹3,030.68 | ₹3,420.65 | ₹485.86 | — |
| Tax expense | — | — | — | — | ₹1,541.01 | ₹324.33 | ₹339.65 | ₹476.68 | ₹1,037.94 | ₹1,631.51 | ₹2,968.52 | ₹3,831.15 |
| D&A | — | — | — | — | ₹2,009.37 | ₹472.06 | ₹537.14 | ₹1,247.78 | ₹2,436.14 | ₹3,042.15 | ₹4,211.33 | ₹6,135.34 |
| EBITDA margin | — | — | — | — | 22.00% | 6.63% | 5.84% | 5.76% | 7.14% | 11.58% | 14.94% | 14.90% |
Financial ratios
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | 1.80 | 1.04 | 0.93 | 0.71 | 0.83 | 0.83 | 0.86 | 1.03 |
| Quick ratio | — | — | — | — | 1.44 | 0.93 | 0.85 | 0.55 | 0.67 | 0.61 | 0.64 | 0.72 |
| Interest coverage | — | — | — | — | 4.00 | 2.09 | 3.40 | 1.79 | 2.20 | 2.37 | 21.43 | — |
| Inventory days | 35.00 | 17.00 | 19.00 | 28.00 | 45.00 | 25.68 | 19.62 | 42.43 | 25.66 | 64.12 | 70.52 | 121.33 |
| Receivable days | 87.00 | 109.00 | 127.00 | 123.00 | 35.00 | 114.80 | 116.63 | 76.01 | 39.20 | 41.19 | 41.38 | 52.51 |
| Payable days | 89.00 | 69.00 | 101.00 | 104.00 | 40.00 | 118.41 | 131.29 | 110.31 | 105.88 | 166.75 | 143.05 | 177.45 |
| Cash conversion cycle | 33.00 | 57.00 | 46.00 | 47.00 | 40.00 | 22.08 | 4.96 | 8.13 | -41.02 | -61.43 | -31.15 | -3.62 |
| Working capital days | -81.00 | -2.00 | -19.00 | -8.00 | -10.00 | -21.00 | -31.00 | -89.00 | -38.00 | -61.00 | -59.00 | -45.00 |
| Fixed asset turnover | — | — | — | — | 2.27 | 3.17 | 2.76 | 1.72 | 1.89 | 1.20 | 0.99 | 0.79 |
| ROA | — | — | — | — | 8.45% | 2.43% | 1.79% | 0.76% | 1.75% | 2.02% | 3.58% | 3.57% |
| ROIC | — | — | — | — | 13.85% | 6.06% | 3.71% | 2.16% | 5.36% | 5.30% | 5.33% | 3.43% |
| Gross margin | — | — | — | — | 35.00% | 16.10% | 17.33% | 15.89% | 22.84% | 44.00% | 45.61% | 43.97% |
DuPont 3-Stage ROE Factor Decomposition
Deconstructing Return on Equity into Profitability, Asset Efficiency, and Financial Leverage
Leverage Driven (Elevated Debt Contribution)FY2025-2026
Net marginProfitability
9.30%
Net Profit generated per ₹100 of revenue (Profitability)
×
Asset turnoverEfficiency
0.38
Revenue generated per ₹1 of total assets (Capital Efficiency)
×
Equity multiplierLeverage
3.23
Total assets supported per ₹1 of shareholder equity (Leverage)
=
Implied DuPont ROEFinal Output
11.54%
Reported: 11.54%
Explore the 3-Stage DuPont Formula: Net Margin × Asset Turnover × Leverage Multiplier.Read DuPont Guide →
Corporate Actions, Dividends & Capital Changes
Chronological Corporate Actions Registry
Historical stock splits, bonus shares, rights issues, and corporate schemes
| Year | Execution Date | Action Type | Ratio / Term |
|---|---|---|---|
| 2026 | 12 Jun 2026 | dividend | 130% |
| 2025 | 17 Nov 2025 | rights | 3:25 |
| 13 Jun 2025 | dividend | 130% | |
| 2024 | 14 Jun 2024 | dividend | 130% |
| 2023 | 07 Jul 2023 | dividend | 120% |
| 2022 | 15 Jul 2022 | dividend | 100% |
| 2021 | 02 Jul 2021 | dividend | 100% |
| 2020 | 25 Mar 2020 | dividend | 100% |
| 2019 | 31 Jul 2019 | dividend | 40% |
| 31 Jul 2019 | dividend | 40% | |
| 2018 | 31 Jul 2018 | dividend | 40% |
| 2017 | 02 Aug 2017 | dividend | 40% |
| 2016 | 23 Mar 2016 | dividend | 40% |
| 2015 | 04 Aug 2015 | dividend | 140% |
| 2014 | 02 Aug 2014 | dividend | 140% |
| 2013 | 01 Aug 2013 | dividend | 140% |
| 2012 | 04 Aug 2012 | dividend | 100% |
| 2011 | 05 Aug 2011 | dividend | 100% |
| 2010 | 14 Aug 2010 | dividend | 100% |
| 25 Mar 2010 | rights | 1:16 | |
| 2009 | 11 Dec 2009 | bonus | 1:1 |
| 24 Aug 2009 | dividend | 100% | |
| 2008 | 20 Sept 2008 | dividend | 60% |
| 2007 | 23 Mar 2007 | dividend | 45% |
| 2006 | 26 Jul 2006 | dividend | 45% |
Dividend Intelligence & Capital Return History
Historical cash payout track record across 6 dividend distributions
Latest Year DPS:₹1.30
Yield on CMP:0.04%
3Y Dividend CAGR:+2.7%
Annual Dividend Payout Progression (Per Share)Total Cumulative DPS: ₹7.10
₹1.3
2026
₹1.3
2025
₹1.3
2024
₹1.2
2023
₹1.0
2022
₹1.0
2021
| Ex-Date | Amount (Per Share) | Dividend Type |
|---|---|---|
| 12 Jun 2026 | ₹1.30 | Final |
| 13 Jun 2025 | ₹1.30 | Final |
| 14 Jun 2024 | ₹1.30 | Final |
| 07 Jul 2023 | ₹1.20 | Final |
| 14 Jul 2022 | ₹1.00 | Final |
| 01 Jul 2021 | ₹1.00 | Final |
Industry Peer Group & Valuation Spread
Compare valuation multiples and market cap relative to sector competitors
Metals & MiningCompare Peers in Studio
Market Cap3,95,336.78 ₹ cr
Beats 100% of 23 industry peers · median 50,821.95 ₹ cr
P/E42.56 x
Beats 85% of 20 industry peers · median 22.63 x
P/B5.06 x
Beats 75% of 20 industry peers · median 2.80 x
ROE7.14%
Beats 9% of 23 industry peers · median 20.18%
ROCE8.34%
Beats 13% of 23 industry peers · median 21.28%
Debt to Equity0.32 x
Beats 35% of 23 industry peers · median 0.35 x
Net Margin11.71%
Beats 39% of 23 industry peers · median 12.34%
Dividend Yield0.04%
Beats 0% of 19 industry peers · median 0.85%
Revenue Growth (YoY)49.92%
Beats 74% of 23 industry peers · median 23.76%
| Company | Market Cap ▼ | P/E | P/B |
|---|---|---|---|
JSW Steel Ltd.JSWSTEEL | ₹3.23 L | 14.63 | 3.26 |
Hindustan Zinc Ltd.HINDZINC | ₹2.52 L | 19.02 | 11.63 |
Hindalco Industries Ltd.HINDALCO | ₹2.28 L | 17.23 | 1.70 |
Tata Steel Ltd.TATASTEEL | ₹2.27 L | 21.55 | 2.28 |
Jindal Steel Ltd.JINDALSTEL | ₹1.19 L | 35.72 | 2.36 |
Peers are chosen strictly by industry classification. A classification doesn't always describe what a company actually competes in, but gives an objective starting point across the universe.
Regulatory Filings & Market Intelligence
Corporate Filings & Document Vault
SEBI LODR VerifiedAudited Annual Reports, Investor Decks, Earnings Concall Transcripts, and Board Resolutions for Adani Enterprises Ltd. (ADANIENT)
Indexed Documents6 Filings
Latest Disclosure03 Aug 2026
AGM / EGM03 Aug 2026
Adani Enterprises Ltd: Notice of Annual General Meeting and Record Date for Dividend
Board Outcome09 Jul 2026
Adani Enterprises Ltd: Outcome of Board Meeting for Approval of Audited Financial Results
Shareholding03 Jul 2026
Adani Enterprises Ltd: Quarterly Statement of Shareholding Pattern filed with NSE/BSE
Corporate Action01 Jun 2026
Adani Enterprises Ltd: Recommendation of Final Dividend for the Financial Year 2025-26
Secretarial Filing04 Apr 2026
Adani Enterprises Ltd: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
News
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Adani Group stocks faced significant selling pressure on Monday amidst MSCI index reshuffling. Adani Enterprises dropped over 8%, with all major group companies declining. Broader Indian markets also weakened, reflecting caution among investors before MSCI changes and external economic pressures.
- IndianAPIMSCI Rejig: Adani Energy, Lenskart, Groww to see inflows; Reliance weight trimmed
The MSCI index reshuffle will highlight several Indian stocks as portfolio adjustments take effect on September 1. This could lead to increased trading volume and volatility, especially in low liquidity stocks, marking the first major test of India's new closing auction system.
- IndianAPIMint TOTM | HDFC Bank preps for life after CEO Sashidhar Jagdishan
Also in today's edition of Mint Top of the Morning newsletter: Noel Tata writes a letter to unlock Tata Sons succession deadlock; The math behind India’s next wave of airport privatisation.
- IndianAPIAdani Enterprises: Rich valuations and holding-company discount risk may cap gains
Brokerages see further upside in AEL, but their targets already bake in steep premiums for its airports, new-energy and data-centre businesses, leaving earnings growth to do the heavy lifting.
- IndianAPIBuy or sell: Gift Nifty signals big gap-up start | Vaishali Parekh recommends three stocks to buy today — 28 August 2026
Buy or sell indicator: Gift Nifty live chart signals a big gap-up opening, as the index is trading over 150 points above yesterday's spot Nifty 50 close of 24,090
- IndianAPIInside Google’s Vizag data centre: fast approval, GPS for fishermen, AI corridor
Google’s $15 billion, 1GW Vizag data centre is set to anchor an emerging AI corridor in India. Backed by Adani and Airtel, the project benefited from fast approvals and could bring more tech firms to the region, with the first phase expected by mid-2028.
- IndianAPIStock market prediction tomorrow, 28 August: What to expect from Sensex, Nifty, Hang Seng, KOSPI, Nikkei on Friday
The Sensex ended 539 points, or 0.70%, lower at 76,933.59, while the Nifty 50 closed the day at 24,090.85, down 117 points, or 0.48%.
- IndianAPIAdani, GMR increase bets on non-aero revenue to drive growth
Major airport developers, Adani and GMR, are aggressively expanding retail, dining, and commercial offerings to drive profitability as passenger traffic growth cools down.
- IndianAPIRaja Venkatraman recommends three stocks for 26 August
Market expert Raja Venkatraman shares his top stock picks for 26 August. Here’s his technical outlook and trade strategy.
- IndianAPISensex gains 287 points, Nifty 50 ends at 24,335- What drove the stock market up today?
The Sensex closed 287 points, or 0.37%, higher at 77,656, while the Nifty settled at 24,335, rising 116 points, or 0.48%.
- IndianAPITop Gainers & Losers on 25 Aug: FACT, Vodafone Idea, Cyient, Paytm, Angel One, Pine Labs among top gainers
The Indian stock market recovered by close on August 25, buoyed by late buying; Nifty 50 gained 0.17% and Sensex 0.21%. Despite gains, market sentiment stayed fragile amid heightened tensions related to U.S. sanctions on Iran.
- IndianAPIAmbani weighs aluminium foray, setting up potential Adani showdown
The move comes as billionaire Gautam Adani’s group marks its entry in the aluminium sector. In June, Adani Enterprises announced plans to invest about $11.5 billion to develop a 2 million tonnes per annum aluminium project in Odisha in partnership with UAE’s International Holding Company.
- IndianAPIHC asks Andhra govt to check if Google-Adani data centre has legal, environmental clearances
Google had announced the Visakhapatnam AI hub in October 2025 with a planned $15-billion investment over five years. It later partnered with Adani Enterprises through AdaniConneX to develop a gigawatt-scale data-centre campus with planned capacity of nearly 1GW
- IndianAPIGautam Adani-DK Shivakumar meeting: 'He wanted to…' — says Karnataka CM | What transpired in hour-long discussion?
Adani Group chairman Gautam Adani met Karnataka CM D K Shivakumar in Bengaluru for a meeting the CM described as a courtesy visit. The meeting came amid the proposed Hebbal-Silk Board tunnel road, for which Adani Enterprises is the lowest bidder.
- IndianAPIStock recommendations for 17 August from MarketSmith India
MarketSmith India reveals its top stock recommendations for today, 17 August. Get expert insights into the best-performing stocks to guide your investment decisions.
- IndianAPIQIP fundraising hits one-year high, Adani firms dominate
The recent pick-up in QIPs reflects companies taking advantage of a favourable fundraising window rather than betting on an immediate economic recovery, said experts.
- IndianAPIQIP fundraising hits one-year high, Adani firms dominate
The recent pick-up in QIPs reflects companies taking advantage of a favourable fundraising window rather than betting on an immediate economic recovery, said experts.
- IndianAPIAdani’s new cash cow: A private infra firm buying into group peers
Adani Group’s infrastructure spending boom has turned privately-held Adani Infra into a massive cash generator. The company's growing investments in the group’s listed firms show how wealth created within the conglomerate is being spent across its businesses.
- IndianAPIAdani’s new cash cow: A private infra firm buying into group peers
Adani Group’s infrastructure spending boom has turned privately-held Adani Infra into a massive cash generator. The company's growing investments in the group’s listed firms show how wealth created within the conglomerate is being spent across its businesses.
- IndianAPIAkasa's Dube rejects market share chase, backs airport operators investing in airlines
Addressing concerns that airport owners could favour their own airlines, Dube said the responsibility lies with regulators to establish and enforce appropriate safeguards.
For informational and educational purposes only. Not investment advice. Data may be delayed or incomplete. Consult a SEBI-registered investment adviser before making investment decisions.