Adani Ports Posts 10% YoY Jump in Net Profit to Rs 3,329 Crore, Margins Expand
Adani Ports Sees Strong March Quarter Performance
Adani Ports & SEZ Ltd reported a significant year-on-year rise in consolidated net profit to Rs 3,329 crore for the March quarter, marking a 10.4 percent increase. The company also declared a dividend of Rs 7.5 per equity share of Rs 2 face value.
The company's revenue for the quarter grew by 26.5 percent on-year to Rs 10,737 crore, while EBITDA rose 31 percent to Rs 6,559 crore. This strong operating performance was reflected in the expansion of EBITDA margin to 61.1 percent from 59 percent in the year-ago period.
In terms of operational performance, cargo volumes rose 13 percent year-on-year to 133.4 million metric tonnes (MMT), although all-India market share moderated to 26 percent from 26.3 percent. Container market share declined to 45.2 percent from 46.3 percent, while rail volumes were marginally lower at 166,646 TEUs.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
The company has guided for FY27 revenue in the range of Rs 43,000–45,000 crore and EBITDA of Rs 25,000–26,000 crore, implying double-digit growth. Capital expenditure is estimated at Rs 12,000–14,000 crore, with net debt-to-EBITDA expected to remain up to 2.5x.
Adani Ports & SEZ Ltd surpassed its FY26 guidance, supported by record 500 MMT port cargo volumes and strong growth in logistics and marine segments. The company is targeting to more than double its revenue and EBITDA by FY31, driven by plans to reach one billion tonnes of cargo by December 2030 and scale up asset-light services.
On the balance sheet, gross debt stood at Rs 55,103 crore with cash of Rs 12,193 crore, translating to a net debt-to-EBITDA ratio of 1.9x.
Shares of Adani Ports were trading at Rs 1,635.8, down 1.52 percent in late afternoon trade on Thursday, largely in line with losses seen earlier in the session.
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Quarterly Performance Comparison
| Category | Q1 FY27 | Q1 FY26 | Growth Rate |
|---|---|---|---|
| Revenue | Rs 10,737 crore | Rs 8,514 crore | 26.5% |
| EBITDA | Rs 6,559 crore | Rs 5,018 crore | 31% |
| Cargo Volumes | 133.4 million MMT | 118.1 million MMT | 13% |
| EBITDA Margin | 61.1% | 59% |
Note: Figures are in Rs crore unless otherwise specified.
Investor Takeaway
Investors should expect double-digit growth in revenue and EBITDA for FY27.
More in Market
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Indian Stocks to Watch: BHEL, Agarwal Industrial, JBM Auto, Rajesh Exports, Indian Energy Exchange, Lenskart Solutions in Market Focus on June 4.
