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Adani Ports and Special Economic Zone Ltd.
ADANIPORTSLarge CapNSEBSE
Industrials · Services
₹1,650.10down 57.40down 3.36 percentas of 31 Aug 2026
Book value ₹402.46Div yield 0.45%
Key metrics
- Market Cap
- 3,76,697.32 ₹ cr
- P/E
- 29.32 x
- P/B
- 4.10 x
- ROE
- 1.45%
- ROCE
- 1.91%
- Debt to Equity
- 0.26 x
- Net Margin
- 7.10%
- Dividend Yield
- 0.45%
- Revenue Growth (YoY)
- 18.57%
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 grew year-on-year in each of the last 3 years.
- Net margin declined year-on-year in 1 of the last 3 years.
- Promoter holding 66.0% (pledge data not available).
- Debt-to-equity 0.26 — below the Services median of 0.41.
ADANIPORTS
₹1,650.10down 3.36 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 & MoatModerate Return
10.11%ROCE
ROE: 13.32%·P/B: 4.10x
2. Forensic Health & SolvencyPiotroski 5/9 · Adequate Health
5/9Piotroski Score
Altman: 3.1 (Safe Zone)
3. Valuation & DCF Spread-95.4% Valuation Premium
₹76DCF Fair Value
CMP: ₹1,650.1
4. Ownership & GovernanceClean Promoter Holding
66.03%Promoter Stake
Pledged: 0.0%·Inst: 20.82%
Institutional Factor Scores
QVGM Factor Grade Matrix
Institutional Multi-Factor Profile (QVGM)
Composite 0–100 percentile ranks normalized across all 500 universe constituents
Rank #29 of 86 in IndustrialsQVGM 49/100
Quality (Q)23
ROE, ROCE, Margins & Cash Conversion
Value (V)49
P/E, P/B, EV/EBITDA vs Sector Benchmarks
Growth (G)78
3Y Sales & EPS Compounded Growth
Momentum (M)51
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 #29 of 86 in Industrials
Valuation
Moderate49/100
P/E Ratio:29.32x
P/B Ratio:4.10x
Dividend Yield:0.45%
P/E, P/B, EV/EBITDA & Dividend Yield relative to 5Y medians and sector
Growth
Strong78/100
3Y Sales CAGR:—
3Y PAT CAGR:—
Quarterly YoY:+12.4%
3-Year Compounded Sales & Net Profit Growth trajectory
Profitability
Weak23/100
ROE:13.3%
ROCE:10.1%
OPM %:—
Return on Equity (ROE), ROCE & Operating Margin efficiency
Solvency & Health
Moderate56/100
Piotroski F-Score:5/9
Altman Z-Score:3.10
Debt / Equity:0.00
Balance Sheet strength, Altman Z-Score & Piotroski F-Score checklist
Momentum
Moderate51/100
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₹1,303.60
From 52W High-12.38%
52-Week High₹1,883.20
Valuation MultiplesCash Flow & Yield
PEG Ratio1.19
Earnings Yield1.19%
Price / FCF—
FCF Yield-9.61%
Payout Ratio38.21%
Net-Net Ratio-54.32
Solvency & SafetyPiotroski & Altman
Piotroski F-Score5/9
Altman Z-Score3.10
Graham Number₹421.57
1Y Flow & Margin ShiftsTrailing 12M
FII Stake:▲ +2.34%
DII Stake:▲ +0.00%
OPM Margin:▼ 2.98%
Net Margin:▼ 3.34%
Compounded Annual Growth Rate (CAGR Matrix)
Historical Fundamental Trajectory| Metric | QoQ Shift | YoY Shift | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Revenue Growth | ▲ +0.78% | ▲ +18.57% | 27.11% | 22.93% | 25.28% |
| Net Profit Growth | ▲ +8.75% | ▲ +9.23% | 15.45% | 34.10% | 20.72% |
| EPS Growth | ▲ +6.87% | ▲ +2.41% | 18.31% | 24.66% | 19.20% |
Intrinsic Valuation Models & DCF Sensitivity
Institutional DCF & Intrinsic Valuation Studio — ADANIPORTS
2-Stage Discounted Cash Flow, Reverse DCF Implied Growth, and Benjamin Graham & Peter Lynch valuation benchmarks.
DCF Intrinsic Fair Value
₹84.6
Verdict:Overvalued (-94.9%)
Benjamin Graham Number
₹744.9
-54.9% vs CMPPeter Lynch Fair Value
₹2,923.5
+77.2% vs CMPReverse DCF Implied Growth
58.6% CAGR
Aggressive Expectations (Priced for Perfection)Valuation Spectrum PositioningCMP: ₹1,650.1
₹0 (Distress)CMP: ₹1,650DCF: ₹85Graham: ₹745
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% | ₹5,416 | 0.8969 | ₹4,857 |
| Year 2 | 6% | ₹5,740 | 0.8044 | ₹4,617 |
| Year 3 | 6% | ₹6,085 | 0.7214 | ₹4,390 |
| Year 4 | 6% | ₹6,450 | 0.6470 | ₹4,173 |
| Year 5 | 6% | ₹6,837 | 0.5803 | ₹3,967 |
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% | ₹103 -94% | ₹151 -91% | ₹181 -89% | ₹218 -87% | ₹320 -81% |
| 11.0% | ₹56 -97% | ₹90 -95% | ₹112 -93% | ₹137 -92% | ₹202 -88% |
| 11.5% | ₹36 -98% | ₹66 -96% | ₹85 -95% | ₹106 -94% | ₹159 -90% |
| 12.0% | ₹19 -99% | ₹45 -97% | ₹61 -96% | ₹79 -95% | ₹124 -92% |
| 13.0% | ₹-10 -101% | ₹10 -99% | ₹22 -99% | ₹35 -98% | ₹68 -96% |
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/E29.32current
ReportedComputed, approximate
P/B4.10current
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 | 29.32 | 4.10 |
Analyst Consensus, Price Targets & Forecasts
Analyst Consensus & Recommendations
Aggregated institutional equity research ratings · 31 Aug 2026
Strong Buy(1.63 / 5)
Strong Buy:10
Buy:13
Hold:1
Sell:0
Strong Sell:0
Coverage: 24 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:27.83%
Analyst Price Targets
12-month forward price consensus · 31 Aug 2026
Upside: +22.78%
Mean Target₹2,026.00vs CMP ₹1,650.10
High Target₹2,200.00+33.3% max upside
Low Target₹1,766.007.0% downside
Median Target₹2,020.0023 estimates
Low: ₹1,766.00Mean: ₹2,026.00High: ₹2,200.00
Mean Target Current Price (₹1,650.10)
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
₹11.17
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹10.22
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹8.09
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹9.79
Low:—
High:—
FY2025EConsensus
Mean Estimate
₹15.08
Low:—
High:—
FY2025E6 Analysts
Mean Estimate
₹11.56
Low:—
High:—
FY2025E5 Analysts
Mean Estimate
₹11.80
Low:—
High:—
FY2025E3 Analysts
Mean Estimate
₹14.06
Low:—
High:—
FY2026E4 Analysts
Mean Estimate
₹15.34
Low:—
High:—
FY2026E3 Analysts
Mean Estimate
₹14.71
Low:—
High:—
FY2026E3 Analysts
Mean Estimate
₹14.39
Low:—
High:—
FY2026E4 Analysts
Mean Estimate
₹14.72
Low:—
High:—
FY2027E3 Analysts
Mean Estimate
₹15.71
Low:—
High:—
FY2027E2 Analysts
Mean Estimate
₹19.16
Low:₹18.00
High:₹19.00
FY2027E2 Analysts
Mean Estimate
₹20.80
Low:₹18.00
High:₹23.00
FY2027E2 Analysts
Mean Estimate
₹17.35
Low:₹16.00
High:₹18.00
| Period / Fiscal Year | Consensus Mean | Bull Case (High) | Bear Case (Low) | Brokers |
|---|---|---|---|---|
| FY2024 Forecast | ₹11.17 | — | — | — |
| FY2024 Forecast | ₹10.22 | — | — | — |
| FY2024 Forecast | ₹8.09 | — | — | — |
| FY2024 Forecast | ₹9.79 | — | — | — |
| FY2025 Forecast | ₹15.08 | — | — | — |
| FY2025 Forecast | ₹11.56 | — | — | 6 |
| FY2025 Forecast | ₹11.80 | — | — | 5 |
| FY2025 Forecast | ₹14.06 | — | — | 3 |
| FY2026 Forecast | ₹15.34 | — | — | 4 |
| FY2026 Forecast | ₹14.71 | — | — | 3 |
| FY2026 Forecast | ₹14.39 | — | — | 3 |
| FY2026 Forecast | ₹14.72 | — | — | 4 |
| FY2027 Forecast | ₹15.71 | — | — | 3 |
| FY2027 Forecast | ₹19.16 | ₹19.00 | ₹18.00 | 2 |
| FY2027 Forecast | ₹20.80 | ₹23.00 | ₹18.00 | 2 |
| FY2027 Forecast | ₹17.35 | ₹18.00 | ₹16.00 | 2 |
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
4 Factors- •Company has demonstrated healthy revenue growth of 22.9% CAGR over 3 years.
- •Net profit has grown at an impressive 34.1% CAGR over 3 years.
- •Strong cash generation: Operating Cash Flow is 159.5% of reported Net Profit.
- •High promoter holding of 66.0% with zero encumbrance / pledge.
Risk Factors & Watchouts
0 WatchoutsClean profile: No major debt, leverage, or working capital red flags detected.
Forensic Accounting & Health Audit
Piotroski F-Score, Altman Z-Score Distress Model & Beneish Earnings Manipulation Checks
Piotroski F-Score5 / 9
● Moderate (Neutral)
Altman Z-Score3.10
● Safe Zone
Negligible risk of financial distress over the next 2 years.
Beneish M-Score-2.55
● 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)
39.9%Low Cash Conversion
Measures how much reported accounting profit turns into real liquid cash.
Free Cash Flow Margin
13.2%of Gross Revenue
Liquid cash retained per ₹100 of top-line revenue generated.
CapEx Reinvestment Rate
75.0%of Operating Cash
Portion of operating cash reinvested in future capacity and maintenance.
Reported Net Profit (PAT)₹12,806 CrInflow
12,806
+ D&A Non-Cash Charge₹5,517 CrAdd-back
5,517
Working Capital Adjustment₹2,106 Cr+ Cash
2,106
= Operating Cash Flow (CFO)₹20,429 CrOperating Cash
20,429
- Capital Expenditures (CapEx)-₹15,320 CrReinvestment
15,320
= Free Cash Flow (FCF)₹5,109 CrFree Cash Flow
5,109
- Dividends & Debt Repayment-₹2,817 CrCapital Return
2,817
= Net Change in Cash₹2,292 CrNet Balance
2,292
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 | — | — | — | — | ₹19,367.89 | ₹11,873.07 | ₹12,549.60 | ₹17,118.79 | ₹20,851.91 | ₹26,710.56 | ₹30,475.33 | ₹38,735.77 |
| Operating profit | — | — | — | — | ₹3,873.58 | ₹5,838.97 | ₹5,971.93 | ₹6,955.24 | ₹8,138.87 | ₹11,601.76 | ₹14,396.25 | ₹17,143.11 |
| OPM | — | — | — | — | 20.00% | 49.18% | 47.59% | 40.63% | 39.03% | 43.44% | 47.24% | 44.26% |
| Net profit | — | — | — | — | ₹6,403.11 | ₹3,763.13 | ₹4,994.30 | ₹4,886.03 | ₹5,310.18 | ₹8,110.64 | ₹11,092.31 | ₹12,806.21 |
| EPS | — | — | — | — | 27.87 | 18.66 | 24.56 | 24.03 | 30.51 | 41.16 | 49.96 | 59.11 |
| Net margin | — | — | — | — | 33.06% | 31.69% | 39.80% | 28.54% | 25.47% | 30.36% | 36.40% | 33.06% |
| ROE | — | — | — | — | 54.65% | 14.69% | 16.32% | 11.64% | 11.66% | 15.32% | 17.77% | 13.32% |
| ROCE | 14.00% | 13.00% | 14.00% | 17.00% | 24.91% | 10.71% | 8.75% | 7.88% | 7.96% | 11.32% | 12.58% | 10.11% |
| Debt / equity | — | — | — | — | 0.33 | 1.20 | 1.17 | 1.14 | 1.17 | 0.93 | 0.82 | 0.66 |
Compounded growth (CAGR)
| Metric | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|
| Revenue | 27.11% | 22.93% | 25.28% | — |
| Net profit | 15.45% | 34.10% | 20.72% | — |
| EPS | 18.31% | 24.66% | 19.20% | — |
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 | — | — | — | — | ₹21,304.67 | ₹62,203.67 | ₹75,463.66 | ₹99,685.82 | ₹1.15 L | ₹1.19 L | ₹1.35 L | ₹1.85 L |
| Total liabilities | — | — | — | — | ₹9,587.10 | ₹36,580.18 | ₹44,855.40 | ₹57,697.60 | ₹69,207.17 | ₹65,973.10 | ₹72,896.84 | ₹89,189.46 |
| Total equity | — | — | — | — | ₹11,717.57 | ₹25,623.49 | ₹30,608.26 | ₹41,988.22 | ₹45,555.92 | ₹52,944.77 | ₹62,435.39 | ₹96,125.30 |
| Total debt | — | — | — | — | ₹3,834.84 | ₹30,682.12 | ₹35,688.80 | ₹47,768.22 | ₹53,267.69 | ₹49,303.71 | ₹51,454.20 | ₹63,398.99 |
| Cash | — | — | — | — | ₹2,556.56 | ₹7,151.08 | ₹3,687.13 | ₹8,401.34 | ₹550.29 | ₹774.78 | ₹1,111.31 | ₹1,664.90 |
| Current assets | — | — | — | — | ₹9,587.10 | ₹14,819.91 | ₹12,907.81 | ₹18,088.42 | ₹17,596.39 | ₹17,472.36 | ₹18,757.37 | ₹21,974.83 |
| Current liabilities | — | — | — | — | ₹5,326.17 | ₹7,696.47 | ₹7,235.95 | ₹11,368.71 | ₹12,530.12 | ₹16,462.94 | ₹20,938.44 | ₹15,760.35 |
| Inventory | — | — | — | — | ₹1,936.79 | ₹288.28 | ₹991.85 | ₹395.64 | ₹451.97 | ₹437.51 | ₹521.80 | ₹685.00 |
| Receivables | — | — | — | — | ₹2,324.15 | ₹4,100.65 | ₹3,478.04 | ₹3,121.59 | ₹4,616.04 | ₹3,962.07 | ₹5,143.28 | ₹7,884.69 |
| Payables | — | — | — | — | ₹1,743.11 | ₹1,643.36 | ₹2,263.88 | ₹2,064.30 | ₹3,452.38 | ₹4,217.88 | ₹6,127.84 | ₹5,490.00 |
| Net PP&E | — | — | — | — | ₹8,521.87 | ₹30,704.21 | ₹42,408.01 | ₹48,283.85 | ₹58,984.81 | ₹66,549.03 | ₹80,164.16 | ₹1.15 L |
| Retained earnings | — | — | — | — | ₹8,788.18 | ₹24,243.36 | ₹29,228.01 | ₹35,112.07 | ₹35,650.48 | ₹43,161.22 | ₹52,994.51 | ₹64,268.27 |
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 | — | — | — | — | ₹8,003.88 | ₹7,403.32 | ₹7,634.33 | ₹10,208.83 | ₹14,743.65 | ₹15,196.57 | ₹18,533.38 | ₹20,429.33 |
| Capital expenditure | — | — | — | — | ₹1,162.07 | ₹-3,621.41 | ₹-2,351.70 | ₹-3,813.70 | ₹-9,141.04 | ₹-7,416.30 | ₹-8,048.92 | ₹-15,320.31 |
| Free cash flow | — | — | — | — | ₹6,841.81 | ₹3,781.91 | ₹5,282.63 | ₹6,395.13 | ₹5,602.61 | ₹7,780.27 | ₹10,484.46 | ₹5,109.02 |
| OCF / net profit | — | — | — | — | 1.25 | 1.97 | 1.53 | 2.09 | 2.78 | 1.87 | 1.67 | 1.60 |
| FCF / Capex intensity | — | — | — | — | 0.06 | 30.50 | 18.74 | 22.28 | 43.84 | 27.77 | 26.41 | 39.55 |
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 | — | — | — | — | ₹6,778.76 | ₹8,853.35 | ₹9,432.61 | ₹12,345.92 | ₹15,408.95 | ₹19,751.99 | ₹22,675.40 | ₹28,103.28 |
| Cost of revenue | — | — | — | — | ₹12,589.13 | ₹3,019.72 | ₹3,116.99 | ₹4,772.87 | ₹5,442.96 | ₹6,958.57 | ₹7,799.93 | ₹10,632.49 |
| EBITDA | — | — | — | — | ₹4,260.93 | ₹7,519.25 | ₹8,079.27 | ₹10,054.54 | ₹11,562.11 | ₹15,490.22 | ₹18,775.18 | ₹22,660.49 |
| Income before tax | — | — | — | — | ₹8,516.13 | ₹4,243.92 | ₹6,292.01 | ₹5,717.14 | ₹5,489.13 | ₹10,093.73 | ₹13,029.62 | ₹14,848.56 |
| Interest expense | — | — | — | — | ₹968.39 | ₹1,637.36 | — | ₹1,387.63 | ₹2,886.68 | ₹1,834.71 | ₹1,610.03 | ₹2,491.97 |
| Tax expense | — | — | — | — | ₹2,113.02 | ₹459.39 | ₹1,243.27 | ₹763.96 | ₹96.38 | ₹1,534.58 | ₹1,968.36 | ₹2,066.53 |
| D&A | — | — | — | — | ₹774.72 | ₹1,680.28 | ₹2,107.34 | ₹3,099.30 | ₹3,423.24 | ₹3,888.46 | ₹4,378.93 | ₹5,517.38 |
| EBITDA margin | — | — | — | — | 22.00% | 63.33% | 64.38% | 58.73% | 55.45% | 57.99% | 61.61% | 58.50% |
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 | 1.93 | 1.78 | 1.59 | 1.40 | 1.06 | 0.90 | 1.39 |
| Quick ratio | — | — | — | — | 1.44 | 1.89 | 1.65 | 1.56 | 1.37 | 1.03 | 0.87 | 1.35 |
| Interest coverage | — | — | — | — | 4.00 | 3.57 | — | 5.01 | 2.82 | 6.32 | 8.94 | 6.88 |
| Inventory days | — | — | — | — | 45.00 | 34.85 | 116.15 | 30.26 | 30.31 | 22.95 | 24.42 | 23.52 |
| Receivable days | 76.00 | 125.00 | 116.00 | 139.00 | 35.00 | 126.06 | 101.16 | 66.56 | 80.80 | 54.14 | 61.60 | 74.30 |
| Payable days | — | — | — | — | 40.00 | 198.64 | 265.10 | 157.87 | 231.51 | 221.24 | 286.75 | 188.46 |
| Cash conversion cycle | 76.00 | 125.00 | 116.00 | 139.00 | 40.00 | -37.73 | -47.80 | -61.05 | -120.40 | -144.15 | -200.74 | -90.65 |
| Working capital days | 29.00 | -116.00 | 107.00 | 219.00 | -74.00 | -6.00 | -5.00 | -85.00 | -56.00 | -101.00 | -114.00 | -33.00 |
| Fixed asset turnover | — | — | — | — | 2.27 | 0.39 | 0.30 | 0.35 | 0.35 | 0.40 | 0.38 | 0.34 |
| ROA | — | — | — | — | 30.05% | 6.05% | 6.62% | 4.90% | 4.63% | 6.82% | 8.20% | 6.91% |
| ROIC | — | — | — | — | 49.27% | 10.59% | 7.65% | 7.41% | 8.14% | 9.70% | 10.84% | 9.35% |
| Gross margin | — | — | — | — | 35.00% | 74.57% | 75.16% | 72.12% | 73.90% | 73.95% | 74.41% | 72.55% |
DuPont 3-Stage ROE Factor Decomposition
Deconstructing Return on Equity into Profitability, Asset Efficiency, and Financial Leverage
High Quality Moat (Margin Driven, Low Debt Risk)FY2025-2026
Net marginProfitability
33.06%
Net Profit generated per ₹100 of revenue (Profitability)
×
Asset turnoverEfficiency
0.21
Revenue generated per ₹1 of total assets (Capital Efficiency)
×
Equity multiplierLeverage
1.93
Total assets supported per ₹1 of shareholder equity (Leverage)
=
Implied DuPont ROEFinal Output
13.32%
Reported: 13.32%
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 | 375% |
| 2025 | 13 Jun 2025 | dividend | 350% |
| 2024 | 14 Jun 2024 | dividend | 300% |
| 2023 | 28 Jul 2023 | dividend | 250% |
| 2022 | 15 Jul 2022 | dividend | 250% |
| 2021 | 25 Jun 2021 | dividend | 250% |
| 2020 | 17 Mar 2020 | dividend | 160% |
| 2019 | 30 Jul 2019 | dividend | 10% |
| 30 Jul 2019 | dividend | 10% | |
| 2018 | 30 Jul 2018 | dividend | 100% |
| 2017 | 02 Aug 2017 | dividend | 65% |
| 2016 | 23 Mar 2016 | dividend | 55% |
| 2015 | 26 May 2015 | dividend | 55% |
| 2014 | 02 Aug 2014 | dividend | 50% |
| 2013 | 01 Aug 2013 | dividend | 50% |
| 2012 | 01 Aug 2012 | dividend | 35% |
| 14 Feb 2012 | dividend | 15% | |
| 2011 | 06 May 2011 | dividend | 20% |
| 15 Feb 2011 | dividend | 25% | |
| 2010 | 24 Sept 2010 | split | 2:10 |
| 11 Aug 2010 | dividend | 15% | |
| 04 Feb 2010 | dividend | 25% | |
| 2009 | 20 Aug 2009 | dividend | 10% |
| 19 Feb 2009 | dividend | 20% | |
| 2008 | 16 Sept 2008 | dividend | 15% |
Dividend Intelligence & Capital Return History
Historical cash payout track record across 6 dividend distributions
Latest Year DPS:₹7.50
Yield on CMP:0.45%
3Y Dividend CAGR:+14.5%
Annual Dividend Payout Progression (Per Share)Total Cumulative DPS: ₹35.50
₹7.5
2026
₹7.0
2025
₹6.0
2024
₹5.0
2023
₹5.0
2022
₹5.0
2021
| Ex-Date | Amount (Per Share) | Dividend Type |
|---|---|---|
| 12 Jun 2026 | ₹7.50 | Final |
| 13 Jun 2025 | ₹7.00 | Final |
| 14 Jun 2024 | ₹6.00 | Final |
| 28 Jul 2023 | ₹5.00 | Final |
| 14 Jul 2022 | ₹5.00 | Final |
| 24 Jun 2021 | ₹5.00 | Final |
Industry Peer Group & Valuation Spread
Compare valuation multiples and market cap relative to sector competitors
ServicesCompare Peers in Studio
Market Cap3,76,697.32 ₹ cr
Beats 100% of 25 industry peers · median 10,691.49 ₹ cr
P/E29.32 x
Beats 50% of 20 industry peers · median 29.85 x
P/B4.10 x
Beats 45% of 20 industry peers · median 4.35 x
ROE1.45%
Beats 4% of 24 industry peers · median 11.91%
ROCE1.91%
Beats 8% of 24 industry peers · median 10.03%
Debt to Equity0.26 x
Beats 29% of 24 industry peers · median 0.41 x
Net Margin7.10%
Beats 33% of 24 industry peers · median 9.49%
Dividend Yield0.45%
Beats 15% of 13 industry peers · median 1.49%
Revenue Growth (YoY)18.57%
Beats 38% of 24 industry peers · median 23.26%
| Company | Market Cap ▼ | P/E | P/B |
|---|---|---|---|
InterGlobe Aviation Ltd.INDIGO | ₹2.00 L | — | — |
GMR Airports Ltd.GMRAIRPORT | ₹99,095.99 | 737.40 | — |
JSW Infrastructure Ltd.JSWINFRA | ₹79,195.93 | 47.14 | 6.57 |
| ₹39,166.21 | 31.54 | 3.04 | |
Delhivery Ltd.DELHIVERY | ₹34,851.24 | 234.91 | 3.63 |
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 Ports and Special Economic Zone Ltd. (ADANIPORTS)
Indexed Documents6 Filings
Latest Disclosure18 Jul 2026
Press Release18 Jul 2026
Adani Ports & Special Economic Zone Ltd: Press Release: Business Updates and New Strategic Initiatives
AGM / EGM12 Jul 2026
Adani Ports & Special Economic Zone Ltd: Notice of Annual General Meeting and Record Date for Dividend
Investor Deck23 Jun 2026
Adani Ports & Special Economic Zone Ltd: Investor Presentation on Q4 Financial Results and Growth Outlook
Concall Transcript26 Apr 2026
Adani Ports & Special Economic Zone Ltd: Transcript of Earnings Conference Call with Institutional Investors
Corporate Action26 Feb 2026
Adani Ports & Special Economic Zone Ltd: Recommendation of Final Dividend for the Financial Year 2025-26
News
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- IndianAPIAdani Power, Adani Green, Adani Ports to Adani Enterprises: Gautam Adani group stocks rise up to 5%. Do you own any?
Adani Total Gas led the gains, surging more than 5%. Adani Green Energy and Adani Energy Solutions advanced over 3% each, while Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Power, Ambuja Cements and ACC gained more than 2% each.
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The fund mobilization spans equity raises, stake sales and long-term commitments from strategic partners, including global investors and sovereign-backed entities. The flurry of deals marks one of the largest capital-raising exercises by an Indian conglomerate in recent years.
- IndianAPIIn a flurry of deals, Adani mobilizes $10 bn in a week for capex boost
The fund mobilization spans equity raises, stake sales and long-term commitments from strategic partners, including global investors and sovereign-backed entities. The flurry of deals marks one of the largest capital-raising exercises by an Indian conglomerate in recent years.
- IndianAPIGautam Adani is overhauling his conglomerate, from Apple-style vendors to less hierarchy and more talent grooming
The ports-to-renewable energy conglomerate is aggressively developing a third-party vendor ecosystem to take over manufacturing, logistics, engineering and other functions.
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The ports-to-renewable energy conglomerate is aggressively developing a third-party vendor ecosystem to take over manufacturing, logistics, engineering and other functions.
- IndianAPISensex tumbles, VIX jumps as West Asia fears hammer markets
On Tuesday, the Sensex tumbled 1.9% while the Nifty 50 fell 1.8%, extending its losses over four successive sessions to 4%.
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- IndianAPITop Gainers & Losers on May 4: Meesho, Vedanta, HFCL, BHEL, Cemindia Projects, Anant Raj among top gainers
On May 4, major indices saw gains due to strong buying in heavyweight stocks and positive state election trends for the Bharatiya Janata Party. The Nifty 50 rose 0.51% to 24,119, while the S&P BSE Sensex increased 0.31% to 77,159, with midcap and smallcap indices outperforming.
- IndianAPITop Gainers & Losers on May 4: Meesho, Vedanta, HFCL, BHEL, Cemindia Projects, Anant Raj among top gainers
On May 4, major indices saw gains due to strong buying in heavyweight stocks and positive state election trends for the Bharatiya Janata Party. The Nifty 50 rose 0.51% to 24,119, while the S&P BSE Sensex increased 0.31% to 77,159, with midcap and smallcap indices outperforming.
- IndianAPISensex gains 350 points, Nifty 50 ends above 24,100; investors earn ₹4 lakh crore
The 30-share pack Sensex closed 356 points, or 0.46%, higher at 77,269.40, while the NSE barometer Nifty 50 rose by 122 points, or 0.51%, to close at 24,119.30.
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.