| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 11,340 | 9,167 | +23.7% |
| EBITDA | 6,807 | 5,550 | +22.6% |
| EBITDA margin | 60.0% | 60.5% | −0.5 pts |
| Profit before tax | 4,326 | 3,900 | +10.9% |
| Net profit | 3,682 | 3,120 | +18.0% |
| EPS | ₹15.72 | ₹14.39 | +9.2% |
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.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 4,05,795 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 6,436 | 6,416 | 4,158 | 2,238 | 4,961 | ||
| 3,082 | 2,856 | 2,538 | 1,598 | 1,339 | ||
| 55,103 | 55,103 | 45,810 | 46,279 | 50,518 | ||
| 4,57,543 | — | — | — | — | ||
| 42,603 | 38,736 | 31,079 | 26,711 | 20,852 | ||
| — | +24.6% | +16.4% | +28.1% | — | ||
| 25,153 | 22,851 | 19,025 | 15,864 | 10,947 | ||
| 59.0% | 59.0% | 61.2% | 59.4% | 52.5% | ||
| 18,730 | 17,334 | 14,646 | 11,975 | 7,524 | ||
| 13,683 | 12,782 | 11,061 | 8,104 | 5,393 | ||
| 32.1% | 33.0% | 35.6% | 30.3% | 25.9% | ||
| ₹58.27 | ₹54.08 | ₹48.14 | ₹35.20 | ₹23.05 | ||
| — | +12.3% | +36.8% | +52.7% | — | ||
| — | 20,356 | 17,226 | 15,018 | 11,933 | ||
| — | −15,320 | −8,049 | −7,416 | −9,125 | ||
| 5,036 | 5,036 | 9,177 | 7,601 | 2,808 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
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 | — | — | — | — | 4,05,794.7 | |
| - Cash, Equiv & ST Investments | 4,960.7 | 2,237.5 | 4,158.2 | 6,416.2 | 6,436.4 | |
| + Minority Interest | 1,338.5 | 1,598.2 | 2,538.0 | 2,856.2 | 3,081.7 | |
| + Total Debt | 50,518.4 | 46,279.2 | 45,810.0 | 55,103.0 | 55,103.0 | |
| Enterprise Value | — | — | — | — | 4,57,543.0 | |
| Revenue | 20,851.9 | 26,710.6 | 31,078.6 | 38,735.8 | 42,603.4 | |
| Growth %, YoY | — | +28.1 | +16.4 | +24.6 | — | |
| EBITDA | 10,947.1 | 15,863.9 | 19,024.6 | 22,851.4 | 25,153.1 | |
| Margin % | 52.50 | 59.39 | 61.21 | 58.99 | 59.04 | |
| EBIT | 7,523.9 | 11,975.5 | 14,645.7 | 17,334.0 | 18,729.9 | |
| Net Income | 5,392.8 | 8,104.0 | 11,061.3 | 12,782.0 | 13,683.2 | |
| Margin % | 25.86 | 30.34 | 35.59 | 33.00 | 32.12 | |
| EPS, Adj (current shares) | 23.05 | 35.20 | 48.14 | 54.08 | 58.27 | |
| Growth %, YoY | — | +52.7 | +36.8 | +12.3 | — | |
| Cash from Operations | 11,933.3 | 15,017.6 | 17,226.3 | 20,356.3 | — | |
| Capital Expenditures | -9,124.8 | -7,416.3 | -8,048.9 | -15,320.3 | — | |
| Free Cash Flow | 2,808.5 | 7,601.3 | 9,177.4 | 5,035.9 | 5,035.9 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Adani Ports and Special Economic Zone (NSE: ADANIPORTS) had a market capitalisation of ₹4,31,299 crore at the 29 October 2026 close (₹1,872.00 a share), a PE ratio of 31.7 on the last four quarters' profit and a price-to-book ratio of 4.22. In FY26 its consolidated net profit attributable to shareholders was ₹12,782 crore on revenue of ₹38,736 crore; in Q2 FY27 (July–September 2026) it was ₹3,622 crore, up 16.5% year on year. Its debt-to-equity ratio was 0.55 on 30 September 2026. Promoters held 66.03% of the shares on 30 September 2026.
Adani Ports' PE ratio is 31.7 at the 29 October 2026 close (₹1,872.00 a share): a market capitalisation of ₹4,31,299 crore divided by consolidated net profit attributable to shareholders of ₹13,604 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹12,782 crore) it is 33.7.
Adani Ports' price-to-book (PB) ratio is 4.22 at the 29 October 2026 close: a market capitalisation of ₹4,31,299 crore divided by shareholders' equity (book value) of ₹1,02,240 crore on 30 September 2026. That is a book value of ₹443.76 per share against a share price of ₹1,872.00.
Adani Ports' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,02,240 crore (₹1.02 lakh crore) on 30 September 2026, up 52.4% from ₹67,078 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,31,299 crore at the 29 October 2026 close.
Adani Ports' market capitalisation was ₹4,31,299 crore (₹4.31 lakh crore) at the 29 October 2026 close: 230.4 crore shares at ₹1,872.00 each.
Adani Ports' basic earnings per share (EPS) were ₹58.23 in FY26, against ₹51.35 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹59.92.
In 2026, Adani Ports has declared one dividend: ₹7.50 with record date 12 June 2026.
No. Adani Ports had borrowings of ₹57,717 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.55. Its cash and current investments were ₹9,392 crore, so its net debt was ₹48,324 crore.
Adani Ports' debt-to-equity ratio was 0.55 on 30 September 2026: borrowings of ₹57,717 crore against total equity of ₹1,05,322 crore. A year earlier, on 30 September 2025, it was 0.73.
Promoters held 66.03% of Adani Ports on 30 September 2026, unchanged from the previous quarter and up 0.14 percentage points from 65.89% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Adani Ports' return on equity (ROE) was 15.7% and its return on capital employed (ROCE) was 12.2%. 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 19.2% and ROCE 13.5%.
On 30 September 2026, Adani Ports' shares were held by promoters 66.03%, foreign portfolio investors (FII/FPI) 15.95%, domestic institutions (DII) 13.25% (including mutual funds at 4.95%) and retail and other non-institutional investors 4.77%. Over the year, FII holding was up 2.34 percentage points from 13.61% and DII holding was down 1.78 percentage points from 15.03%.
Adani Ports' latest results are for Q2 FY27 (July–September 2026), filed on 28 October 2026: consolidated net profit attributable to shareholders ₹3,622 crore, up 16.5% from ₹3,109 crore in Q2 FY26; revenue from operations ₹11,340 crore, up 23.7% year on year.
Adani Ports' book value per share was ₹443.76 on 30 September 2026: shareholders' equity of ₹1,02,240 crore divided by the 230.4 crore shares in issue, up 42.9% from ₹310.52 a year earlier. The share price at the 29 October 2026 close was ₹1,872.00.
Adani Ports' dividend yield is 0.40% at the 29 October 2026 close: dividends of ₹7.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,872.00. They were ₹7.50 on 12 June 2026.
In FY26, Adani Ports generated ₹20,356 crore of cash from operations and spent ₹15,320 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹5,036 crore. In FY25 it was ₹9,177 crore.
In FY26 (April 2025–March 2026), Adani Ports' consolidated net profit attributable to shareholders was ₹12,782 crore, up 15.2% from ₹11,092 crore in FY25, on revenue from operations of ₹38,736 crore (up 24.6%). Over three years, from FY23, net profit was up 140.7%.
Adani Ports 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.
In FY26, Adani Ports earned net profit attributable to shareholders of ₹12,782 crore on revenue of ₹38,736 crore, against ₹1,523 crore on ₹5,361 crore for JSW Infrastructure. Adani Ports' operating margin was 44.8% (JSW Infrastructure 37.1%) and its return on equity 15.7% (JSW Infrastructure 14.8%).
On FY26 consolidated figures, against JSW Infrastructure, IndiGo and Eternal (Zomato): Adani Ports' operating margin of 44.8% is the highest of the four (JSW Infrastructure 37.1%, IndiGo 1.4%, Eternal (Zomato) −0.7%; peer average 12.6%); its return on equity of 15.7% is the highest of the four (JSW Infrastructure 14.8%, IndiGo −29.3%, Eternal (Zomato) 1.2%; peer average −4.4%); its revenue growth over three years of 22.9% a year is the second highest of the four (JSW Infrastructure 16.7% a year, IndiGo 16.0% a year, Eternal (Zomato) 97.3% a year; peer average 43.3% a year).
From Adani Ports and Special Economic Zone's 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.