This Adani stock is one of the fastest-growing diversified businesses, providing an extensive range of products and services. It operates across diverse sectors such as mining, power generation, renewable energy, and infrastructure development. The stock is in focus after acquiring an 85.8% stake in Air Works India Pvt. Limited with a value of Rs 400 crore.
Stock Price Movement:
With a market capitalization of Rs. 2,70,303.36 crore, the shares of Adani Enterprises Limited were opened at Rs. 2,341.95 per equity share, down nearly around 0.13 percent from its previous day’s close price of Rs. 2344.90.
What Happened:
Adani Defence Systems and Technologies Limited (ADSTL), a wholly owned subsidiary of the company, signed a Share Purchase Agreement (SPA) to acquire an 85.8% stake in Air Works India (Engineering) Pvt. Limited (AWIEPL) for an enterprise value of Rs 400 crore.
Adani Defence & Aerospace with operations in 35 cities and over 1,300 employees. Air Works, India’s largest private-sector MRO company, specializes in servicing fixed-wing and rotary-wing aircraft and has significant capabilities in defence MRO, supporting the Indian Navy and Air Force. This acquisition strengthens Adani’s defence MRO capabilities and supports its expansion into civil aviation services.
Management Comments:
Mr. Jeet Adani, Director of Adani Airports, said, “The Indian aviation industry stands at a transformative juncture, now the third largest globally and on track to induct over 1,500 aircrafts in the coming years. For us, creating a presence in the MRO sector is more than just a strategic step—it’s a commitment to building an integrated aviation services ecosystem that strengthens the backbone of India’s aviation infrastructure.”
Future Plans:
Adani Enterprises Limited plans a capital expenditure of INR 80,000 crore in FY25 across various sectors. It expects 20% growth in passenger movement, with the Navi Mumbai airport operational by FY25’s end.
The company aims to maintain financial health, keeping its net debt to EBITDA ratio below 5x. It also plans to increase coal production in Australia, expand mining services, and grow its renewable energy capacity.
Additionally, the company aims for 10 GW in integrated module manufacturing and a peak copper plant capacity of 0.5 million tons by FY26.
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Recent quarter results and ratios:
Adani Enterprises Limited’s revenue has increased from Rs. 19,546 crore in Q2 FY24 to Rs. 22,608 crore in Q2 FY25, which has grown by 15.67 percent. The net profit of Adani Enterprises Limited has also grown by 497.3 percent, from Rs. 333 crore in Q2 FY24 to Rs. 1,989 crore in Q2 FY25.
Adani Enterprises Limited’s revenue and net profit have grown at a CAGR of 19.02 percent and 45.81 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE should be 9.87 percent and 9.73 percent, respectively. The debt-to-equity ratio of the company is to be 1.92x. Adani Enterprises Limited’s EPS is to be Rs. 48.6.
Company Overview:
Adani Enterprises Limited was founded in 1988 by Gautam Adani and is the flagship company of the Adani Group. Initially a commodity trading firm, it has grown into a diversified multinational holding company.
The company operates across sectors like mining, power generation, renewable energy, and infrastructure. It also invests in airports, data centers, defense, and integrated resource management.
Written by – NIkhil Naik
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