Adani Enterprises financials

·Metal & MiningChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹37,216cr+75.1% on Q2 FY26
Net profit
₹1,221cr−64.2% on Q2 FY26
EBITDA margin
14.8%−0.8 pts on Q2 FY26
EPS
₹11.05−59.6% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue37,21621,249+75.1%
EBITDA5,5093,307+66.6%
EBITDA margin14.8%15.6%−0.8 pts
Profit before tax2,0024,398−54.5%
Net profit1,2213,414−64.2%
EPS₹11.05₹27.38−59.6%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹37,216 crNet profit₹1,221 crNet margin3.3%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,20,489————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
12,3938,7735,3613,7612,047
5,7618,2526,1565,1104,839
1,13,7021,13,70276,23650,12438,320
4,27,559————
1,27,3991,00,46997,89596,4211,36,978
—+2.6%+1.5%−29.6%—
17,90013,98914,25211,3778,828
14.1%13.9%14.6%11.8%6.4%
10,4827,85410,0418,3346,392
5,3199,9518,0053,3352,422
4.2%9.9%8.2%3.5%1.8%
₹44.40₹72.26₹54.93₹25.08₹19.13
—+31.6%+119.1%+31.0%—
—2,3574,53010,31117,626
—−33,369−29,171−22,366−14,725
−31,012−31,012−24,641−12,0552,902
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ADANIENT₹2,479.80

Adani Enterprises Ltd.

· Metal & Mining
₹ CrorePeersTATASTEELHINDALCOJSWSTEELHINDZINCJINDALSTELVEDLNMDCNATIONALUMMcap ₹3.20L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,20,489.4
- Cash, Equiv & ST Investments2,047.33,761.05,361.48,773.312,392.8
+ Minority Interest4,839.05,110.26,156.58,252.35,761.0
+ Total Debt38,319.650,123.976,236.41,13,701.91,13,701.9
Enterprise Value————4,27,559.3
Revenue1,36,977.896,421.097,894.81,00,468.61,27,398.5
Growth %, YoY—-29.6+1.5+2.6—
EBITDA8,828.011,376.614,252.013,989.117,900.1
Margin %6.4411.8014.5613.9214.05
EBIT6,391.88,334.510,040.77,853.810,481.7
Net Income2,421.63,335.38,005.09,950.75,319.2
Margin %1.773.468.189.904.18
EPS, Adj (current shares)19.1325.0854.9372.2644.40
Growth %, YoY—+31.0+119.1+31.6—
Cash from Operations17,626.510,310.54,530.42,356.9—
Capital Expenditures-14,724.7-22,365.9-29,171.1-33,369.1—
Free Cash Flow2,901.7-12,055.4-24,640.7-31,012.2-31,012.2
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 249%.

Adani Enterprises financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Adani Enterprises (NSE: ADANIENT) had a market capitalisation of ₹3,53,005 crore at the 29 October 2026 close (₹2,607.90 a share), a PE ratio of 61.5 on the last four quarters' profit and a price-to-book ratio of 3.60. In FY26 its consolidated net profit attributable to shareholders was ₹9,339 crore on revenue of ₹1,00,469 crore; in Q2 FY27 (July–September 2026) it was ₹1,492 crore, down 53.4% year on year. Its debt-to-equity ratio was 0.94 on 30 September 2026. Promoters held 71.97% of the shares on 30 September 2026.

Share price used
₹2,607.90 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹2,607.90 · 29 Oct close

Adani Enterprises at a glance · consolidated

Market cap
₹3,53,005 Crat ₹2,607.90 · 29 Oct close
PE ratio (last 4 quarters)
61.537.8 on FY26 profit
Price to book (PB)
3.60book value ₹723.64 a share
ROE (FY26)
14.2%−1.7 pts vs FY25ROCE 4.4%
Debt to equity
0.94net debt ₹76,002 Cr
Promoter holding
71.97%−2.9 pts vs 30 Jun 202630 September 2026
Net worth
₹97,952 Cr+81.2% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹31,012 Cr
EPS (FY26)
₹75.66

Questions

What is the Adani Enterprises PE ratio today?

Adani Enterprises' PE ratio is 61.5 at the 29 October 2026 close (₹2,607.90 a share): a market capitalisation of ₹3,53,005 crore divided by consolidated net profit attributable to shareholders of ₹5,738 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹9,339 crore) it is 37.8. These four quarters include net exceptional items of ₹2,988 crore (one-off gains reported separately), so the ratio on recurring profit would differ.

What is the Adani Enterprises PB ratio (price to book value)?

Adani Enterprises' price-to-book (PB) ratio is 3.60 at the 29 October 2026 close: a market capitalisation of ₹3,53,005 crore divided by shareholders' equity (book value) of ₹97,952 crore on 30 September 2026. That is a book value of ₹723.64 per share against a share price of ₹2,607.90.

What is the Adani Enterprises ROE and ROCE?

In FY26, Adani Enterprises' return on equity (ROE) was 14.2% and its return on capital employed (ROCE) was 4.4%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 15.9% and ROCE 7.5%.

What is the Adani Enterprises market cap?

Adani Enterprises' market capitalisation was ₹3,53,005 crore (₹3.53 lakh crore) at the 29 October 2026 close: 135.36 crore shares at ₹2,607.90 each.

What is the Adani Enterprises EPS?

Adani Enterprises' basic earnings per share (EPS) were ₹75.66 in FY26, against ₹60.55 in FY25.

What is the Adani Enterprises dividend in 2026 and its record date?

In 2026, Adani Enterprises has declared one dividend: ₹1.30 with record date 12 June 2026.

Is Adani Enterprises debt free?

No. Adani Enterprises had borrowings of ₹97,294 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.94. Its cash and current investments were ₹21,292 crore, so its net debt was ₹76,002 crore.

What is the Adani Enterprises debt to equity ratio?

Adani Enterprises' debt-to-equity ratio was 0.94 on 30 September 2026: borrowings of ₹97,294 crore against total equity of ₹1,03,713 crore. A year earlier, on 30 September 2025, it was 1.50.

What is the Adani Enterprises book value per share?

Adani Enterprises' book value per share was ₹723.64 on 30 September 2026: shareholders' equity of ₹97,952 crore divided by the 135.36 crore shares in issue. The share price at the 29 October 2026 close was ₹2,607.90.

What is the Adani Enterprises net worth?

Adani Enterprises' net worth — shareholders' equity in its consolidated balance sheet — was ₹97,952 crore on 30 September 2026, up 81.2% from ₹54,056 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,53,005 crore at the 29 October 2026 close.

What is the Adani Enterprises promoter holding?

Promoters held 71.97% of Adani Enterprises on 30 September 2026, down 2.87 percentage points from 74.84% the previous quarter and down 2.00 percentage points from 73.97% a year earlier, according to the shareholding pattern filed with NSE.

What are the Adani Enterprises latest quarterly results?

Adani Enterprises' latest results are for Q2 FY27 (July–September 2026), filed on 28 October 2026: consolidated net profit attributable to shareholders ₹1,492 crore, down 53.4% from ₹3,199 crore in Q2 FY26; revenue from operations ₹37,216 crore, up 75.1% year on year.

What is the Adani Enterprises shareholding pattern?

On 30 September 2026, Adani Enterprises' shares were held by promoters 71.97%, foreign portfolio investors (FII/FPI) 10.66%, domestic institutions (DII) 10.62% (including mutual funds at 6.62%) and retail and other non-institutional investors 6.74%. Over the year, FII holding was down 1.06 percentage points from 11.72% and DII holding was up 3.79 percentage points from 6.83%.

What is the Adani Enterprises revenue and profit in FY26?

In FY26 (April 2025–March 2026), Adani Enterprises' consolidated net profit attributable to shareholders was ₹9,339 crore, up 31.6% from ₹7,099 crore in FY25, on revenue from operations of ₹1,00,469 crore (up 2.6%). Over three years, from FY23, net profit was up 277.7%.

How does the Adani Enterprises PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Adani Enterprises' PE ratio is 37.8, the highest of the four: Tata Steel 19.6, Hindalco Industries 14.7 and JSW Steel 13.7, a peer average of 16.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.

What is the Adani Enterprises free cash flow?

In FY26, Adani Enterprises generated ₹2,357 crore of cash from operations and spent ₹33,369 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹31,012 crore. In FY25 it was −₹24,641 crore.

When are the Adani Enterprises next results?

Adani Enterprises has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

Adani Enterprises vs Tata Steel: how do they compare?

In FY26, Adani Enterprises earned net profit attributable to shareholders of ₹9,339 crore on revenue of ₹1,00,469 crore, against ₹10,794 crore on ₹2,32,140 crore for Tata Steel. Adani Enterprises' operating margin was 7.8% (Tata Steel 9.7%) and its return on equity 14.2% (Tata Steel 11.2%). At the 29 October 2026 close, Adani Enterprises' market capitalisation was ₹3,53,005 crore against ₹2,11,391 crore for Tata Steel, and its PE ratio on FY26 profit 37.8 against 19.6.

How does Adani Enterprises compare with its peers?

On FY26 consolidated figures, against Tata Steel, Hindalco Industries and JSW Steel: Adani Enterprises' operating margin of 7.8% is the lowest of the four (Tata Steel 9.7%, Hindalco Industries 9.5%, JSW Steel 10.9%; peer average 10.0%); its return on equity of 14.2% is the second highest of the four (Tata Steel 11.2%, Hindalco Industries 10.3%, JSW Steel 24.9%; peer average 15.4%); its revenue growth over three years of −9.8% a year is the lowest of the four (Tata Steel −1.6% a year, Hindalco Industries 7.2% a year, JSW Steel 3.8% a year; peer average 3.1% a year).

Where do these Adani Enterprises figures come from?

From Adani Enterprises' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.