- Total income
- ₹62,652 Cr
- Profit
- ₹7,112 Cr

About Adani Enterprises Limited
Data last updated:
Adani Enterprises Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 02 March 1993 and has been in existence for over 33 years.
Adani Enterprises is ranked #47 on the Fortune India 500 (2025). It is part of the Nifty 50, Nifty 500 and BSE 500 indices. Its director Gautam Adani and family are #1 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L51100GJ1993PLC019067. Its GSTIN is 24AABCA2804L1Z0 (Gujarat). The company holds 28 GST registrations, of which 22 are active. Its shares are listed on BSE: 512599 and NSE: ADANIENT.
The company has an authorised share capital of ₹990.43 Cr and a paid-up capital of ₹135.37 Cr. It was formerly known as Adani Export Ltd. It is led by directors including Rajesh Shantilal Adani (Managing Director) and Gautam Shantilal Adani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,00,469 Cr, a growth of 2.6% compared to the previous year. For the same year it recorded a net loss of ₹2,975.53 Cr (net margin -3%) and EBITDA of ₹13,989 Cr (EBITDA margin 13.9%). The net worth stands at ₹80,926 Cr (up 60.8% YoY). Total assets are valued at ₹2,11,271 Cr (up 32% YoY).
The company has about 2,120 employees on its provident fund (EPFO) records. Its group structure includes 51 subsidiaries.
The company is associated with 3 brands: Kristu Jayanti, Adani Singapore and Adani Enterprises. As per MCA filings, the company has open charges of ₹79,322 Cr and satisfied charges of ₹46,849 Cr on record. Court records list 501 cases involving the company, including 240 filed by the company and 173 filed against it; 129 cases are pending. The company has 63 deals on record (47 market trades, 8 funding rounds, 3 qips), with disclosed funding of ₹10,697 Cr; the latest was in September 2026. Its 8 peer companies in the Transport and Logistics industry (Diversified Logistics, Mining) are compared by revenue, 3 larger and 5 smaller; the largest is Tata Steel Limited with revenue of ₹2,20,083 Cr. The company has 6 MSME Form 1 returns on record between 2020 and 2023, listing 108 overdue payments to 41 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adanienterprises.com.
Recognitions & Rankings of Adani Enterprises
- Revenue
- ₹1,00,365 Cr
- #1 Gautam Adani & family ₹9,22,800 Cr
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryMetals and Minerals, Mining & Mineral Extraction, Materials Retail & Distribution
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Adani Enterprises Limited
Adani Enterprises operates multiple associated brands including Kristu Jayanti, Adani Singapore, and Adani Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive management education and courses for learners. | kristujayantimba.edu.in | |
| Operates in energy production, infrastructure logistics, and data center technology. | adanisingapore.com.sg | |
| Solar energy projects are developed by a diversified Indian conglomerate. | adanienterprises.com |
Business Activity of Adani Enterprises Limited
The main business activities of Adani Enterprises are trade and mining and quarrying. In detail, this covers wholesale trading, mining of coal and lignite and mining support services activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| B | Mining and quarrying | B1 | Mining of Coal and lignite | Locked |
| B | Mining and quarrying | B5 | Mining Support Services activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Adani Enterprises Limited FY 2025-26 filings available
Adani Enterprises Limited reported revenue of ₹1,00,469 Cr (up 2.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,00,469 | 97,895 | 96,421 | 1,27,540 | 69,420 | 39,537 | 43,403 |
| Revenue growth | +2.6% | +1.5% | -24.4% | +83.7% | +75.6% | -8.9% | - |
| EBITDA | 13,989 | 14,239 | 10,661 | 8,437 | 3,713 | 2,246 | 2,155 |
| EBITDA margin | +13.9% | +14.6% | +11.1% | +6.6% | +5.4% | +5.7% | +5.0% |
| Profit before tax | 13,525 | 10,466 | 4,926 | 3,247 | 952 | 1,086 | 1,122 |
| Net profit | (2,976) | 1,623 | 3,518 | 2,707 | 775 | 1,097 | 958 |
| Net profit margin | -3.0% | +1.7% | +3.7% | +2.1% | +1.1% | +2.8% | +2.2% |
| EPS (₹) | 72.26 | 61.62 | 28.42 | 21.61 | 7.06 | 8.39 | 10.35 |
| Balance sheet | |||||||
| Total assets | 2,11,271 | 1,60,031 | 1,21,412 | 1,00,731 | 75,588 | 36,674 | 32,490 |
| Net worth | 80,926 | 50,314 | 39,076 | 33,051 | 22,257 | 17,159 | 16,947 |
| Total debt | 1,06,622 | 91,473 | 65,310 | 53,200 | 41,604 | 16,227 | 12,419 |
| Cash & bank | 11,809 | 6,962 | 7,068 | 5,374 | 3,916 | 1,811 | 3,377 |
| Net working capital | 11,984 | 3,728 | (1,314) | (920) | 7,317 | 4,991 | 9,743 |
| Cash flow | |||||||
| Cash from operations | 2,357 | 4,513 | 10,312 | 17,626 | 1,385 | 4,043 | 2,454 |
| Cash from investing | (27,680) | (26,417) | (18,767) | (15,459) | (17,041) | (8,611) | (1,082) |
| Cash from financing | 28,484 | 22,655 | 8,879 | (1,198) | 15,901 | 3,109 | (221) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32,924 | 32,439 | 24,820 | 21,249 | 21,961 | 26,966 | 22,848 | 22,608 |
| Revenue growth (YoY) | +49.9% | +20.3% | +8.6% | -6.0% | -13.8% | - | - | - |
| Other income | 622 | 748 | 6,288 | 4,179 | 475 | 4,582 | 652 | 588 |
| EBITDA | 2,375 | 3,731 | 3,642 | 3,307 | 3,310 | 3,710 | 3,067 | 3,760 |
| EBITDA margin | +7.2% | +11.5% | +14.7% | +15.6% | +15.1% | +13.8% | +13.4% | +16.6% |
| Depreciation | 1,926 | 2,103 | 1,372 | 1,377 | 1,284 | 1,236 | 1,006 | 1,035 |
| Interest | 2,421 | 1,646 | 1,626 | 1,711 | 1,035 | 1,796 | 2,141 | 910 |
| Profit before tax | (1,349) | 729 | 6,932 | 4,398 | 1,466 | 5,259 | 572 | 2,403 |
| Tax | 219 | 854 | 1,405 | 1,001 | 571 | 1,284 | 588 | 512 |
| Net profit | (1,568) | (125) | 5,527 | 3,397 | 895 | 3,975 | (16.54) | 1,891 |
| EPS (₹) | (8.91) | (0.81) | 46.12 | 27.38 | 7.12 | 32.98 | 0.04 | 14.82 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 23,056 | 26,709 | 32,012 | 57,886 | 26,824 | 13,359 | 16,209 |
| Revenue growth | -13.7% | -16.6% | -44.7% | +115.8% | +100.8% | -17.6% | - |
| EBITDA | 1,894 | 2,580 | 2,909 | 1,732 | 1,306 | 791 | 746 |
| EBITDA margin | +8.2% | +9.7% | +9.1% | +3.0% | +4.9% | +5.9% | +4.6% |
| Profit before tax | 12,159 | 6,891 | 3,797 | 2,211 | 1,113 | 555 | 970 |
| Net profit | 1,151 | 1,646 | 2,793 | 1,672 | 721 | 499 | 465 |
| Net profit margin | +5.0% | +6.2% | +8.7% | +2.9% | +2.7% | +3.7% | +2.9% |
| EPS (₹) | 88.04 | 52.33 | 24.95 | 14.23 | 6.55 | 3.35 | 6.35 |
| Balance sheet | |||||||
| Total assets | 73,968 | 39,584 | 23,176 | 17,085 | 9,679 | 7,116 | 6,861 |
| Net worth | 62,779 | 26,699 | 16,640 | 13,934 | 5,241 | 4,128 | 3,761 |
| Total debt | 11,008 | 12,829 | 5,893 | 3,106 | 4,411 | 2,919 | 3,012 |
| Cash & bank | 3,569 | 1,178 | 1,014 | 1,340 | 485 | 436 | 783 |
| Net working capital | 23,848 | 13,392 | 5,985 | 4,408 | 3,618 | 2,185 | 2,105 |
| Cash flow | |||||||
| Cash from operations | (3,240) | (3,732) | 508 | 11,187 | 2,105 | 1,557 | 601 |
| Cash from investing | (15,491) | (6,418) | (2,466) | (16,009) | (3,126) | (1,318) | 91.27 |
| Cash from financing | 21,006 | 9,941 | 2,100 | 5,110 | 1,066 | (632) | (422) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,954 | 6,813 | 5,304 | 5,066 | 5,878 | 6,165 | 6,157 | 6,587 |
| Revenue growth (YoY) | +1.3% | +10.5% | -13.9% | -23.1% | -24.7% | - | - | - |
| Other income | 870 | 920 | 6,518 | 4,272 | 493 | 4,364 | 430 | 359 |
| Total expenses | 7,670 | 6,638 | 4,830 | 4,400 | 5,298 | 5,645 | 5,535 | 5,854 |
| EBITDA | (1,717) | 175 | 474 | 666 | 579 | 519 | 621 | 733 |
| EBITDA margin | -28.8% | +2.6% | +8.9% | +13.1% | +9.9% | +8.4% | +10.1% | +11.1% |
| Depreciation | 48.46 | 57.44 | 46.41 | 42.71 | 41.75 | 40.98 | 37.56 | 38.73 |
| Interest | 294 | 409 | 520 | 470 | 361 | 340 | 290 | 206 |
| Profit before tax | (1,190) | 629 | 6,426 | 4,425 | 670 | 4,503 | 724 | 847 |
| Tax | (300) | 285 | 130 | 191 | 176 | 228 | 189 | 219 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32,924 | 32,439 | 24,820 | 21,249 | 21,961 | 26,966 | 22,848 | 22,608 |
| Revenue growth (YoY) | +49.9% | +20.3% | +8.6% | -6.0% | -13.8% | - | - | - |
| Other income | 622 | 748 | 6,288 | 4,179 | 475 | 4,582 | 652 | 588 |
| EBITDA | 2,375 | 3,731 | 3,642 | 3,307 | 3,310 | 3,710 | 3,067 | 3,760 |
| EBITDA margin | +7.2% | +11.5% | +14.7% | +15.6% | +15.1% | +13.8% | +13.4% | +16.6% |
| Depreciation | 1,926 | 2,103 | 1,372 | 1,377 | 1,284 | 1,236 | 1,006 | 1,035 |
| Interest | 2,421 | 1,646 | 1,626 | 1,711 | 1,035 | 1,796 | 2,141 | 910 |
| Profit before tax | (1,349) | 729 | 6,932 | 4,398 | 1,466 | 5,259 | 572 | 2,403 |
| Tax | 219 | 854 | 1,405 | 1,001 | 571 | 1,284 | 588 | 512 |
| Net profit | (1,568) | (125) | 5,527 | 3,397 | 895 | 3,975 | (16.54) | 1,891 |
| EPS (₹) | (8.91) | (0.81) | 46.12 | 27.38 | 7.12 | 32.98 | 0.04 | 14.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,00,469 | 97,895 | 96,421 | 1,27,540 | 69,420 | 39,537 | 43,403 |
| Revenue growth | +2.6% | +1.5% | -24.4% | +83.7% | +75.6% | -8.9% | - |
| Other income | 11,690 | 6,416 | 1,862 | 1,215 | 1,013 | 754 | 1,012 |
| Total expenses | 86,479 | 83,656 | 85,760 | 1,19,103 | 65,707 | 37,291 | 41,248 |
| Employee cost | 3,658 | 3,119 | 2,331 | 1,877 | 1,181 | 829 | 682 |
| EBITDA | 13,989 | 14,239 | 10,661 | 8,437 | 3,713 | 2,246 | 2,155 |
| EBITDA margin | +13.9% | +14.6% | +11.1% | +6.6% | +5.4% | +5.7% | +5.0% |
| Depreciation | 6,135 | 4,211 | 3,042 | 2,436 | 1,248 | 537 | 472 |
| Interest | 6,019 | 5,978 | 4,555 | 3,969 | 2,526 | 1,377 | 1,572 |
| Profit before tax | 13,525 | 10,466 | 4,926 | 3,247 | 952 | 1,086 | 1,122 |
| Tax | 3,831 | 2,969 | 1,632 | 1,038 | 477 | 340 | 324 |
| Net profit | (2,976) | 1,623 | 3,518 | 2,707 | 775 | 1,097 | 958 |
| Net profit margin | -3.0% | +1.7% | +3.7% | +2.1% | +1.1% | +2.8% | +2.2% |
| EPS (₹) | 72.26 | 61.62 | 28.42 | 21.61 | 7.06 | 8.39 | 10.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 129 | 115 | 114 | 114 | 110 | 110 | 110 |
| Reserves & surplus | 79,620 | 46,397 | 35,161 | 31,760 | 20,329 | 17,049 | 16,837 |
| Shareholders' funds (net worth) | 80,926 | 50,314 | 39,076 | 33,051 | 22,257 | 17,159 | 16,947 |
| Minority interest | 8,252 | 6,156 | 5,110 | 4,839 | 4,672 | 1,751 | 1,263 |
| Secured loans | 73,426 | 53,597 | 34,822 | 25,356 | 20,940 | 9,393 | 8,466 |
| Unsecured loans | 33,195 | 37,876 | 30,488 | 27,844 | 20,664 | 6,834 | 3,953 |
| Total debt | 1,06,622 | 91,473 | 65,310 | 53,200 | 41,604 | 16,227 | 12,419 |
| Total liabilities | 2,11,271 | 1,60,031 | 1,21,412 | 1,00,731 | 75,588 | 36,674 | 32,490 |
| Assets | |||||||
| Gross block | 1,34,265 | 89,964 | 74,560 | 62,378 | 33,692 | 13,035 | 12,442 |
| Net block | 1,15,174 | 77,260 | 65,978 | 56,881 | 30,123 | 10,838 | 10,476 |
| Capital work in progress | 51,753 | 51,516 | 35,180 | 24,025 | 23,544 | 8,825 | 7,347 |
| Investments | 9,428 | 9,887 | 8,701 | 6,310 | 4,292 | 5,503 | 1,952 |
| Inventories | 18,713 | 10,287 | 9,487 | 6,918 | 6,788 | 1,757 | 2,562 |
| Sundry debtors | 12,543 | 9,616 | 9,793 | 12,553 | 13,712 | 11,983 | 13,147 |
| Cash & bank balances | 11,809 | 6,962 | 7,068 | 5,374 | 3,916 | 1,811 | 3,377 |
| Loans & advances | 15,387 | 11,604 | 8,723 | 12,012 | 6,466 | 4,383 | 5,042 |
| Total current assets | 58,452 | 38,470 | 35,072 | 36,857 | 30,882 | 19,934 | 24,128 |
| Total current liabilities | 46,468 | 34,742 | 36,386 | 37,777 | 23,566 | 14,942 | 14,385 |
| Net working capital | 11,984 | 3,728 | (1,314) | (920) | 7,317 | 4,991 | 9,743 |
| Total assets | 2,11,271 | 1,60,031 | 1,21,412 | 1,00,731 | 75,588 | 36,674 | 32,490 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3,106 | 2,355 | 1,882 | 912 | 666 | 2,125 | 974 |
| Net cash from operating activities | 2,357 | 4,513 | 10,312 | 17,626 | 1,385 | 4,043 | 2,454 |
| Net cash from investing activities | (27,680) | (26,417) | (18,767) | (15,459) | (17,041) | (8,611) | (1,082) |
| Net cash from financing activities | 28,484 | 22,655 | 8,879 | (1,198) | 15,901 | 3,109 | (221) |
| Net change in cash | 3,161 | 751 | 424 | 970 | 246 | (1,459) | 1,151 |
| Closing cash | 11,809 | 6,962 | 7,068 | 5,374 | 3,916 | 1,811 | 3,377 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.6% | +1.5% | -24.4% | +83.7% | +75.6% | -8.9% | - |
| EBITDA growth | -1.8% | +33.6% | +26.4% | +127.2% | +65.3% | +4.3% | - |
| PBT growth | +29.2% | +112.5% | +51.7% | +241.0% | -12.3% | -3.2% | +144.7% |
| Net income growth | -283.4% | -53.9% | +30.0% | +249.2% | -29.4% | +14.5% | - |
| Revenue CAGR (3Y) | -7.6% | +12.1% | +34.6% | +43.2% | +19.8% | +3.3% | +5.9% |
| EBITDA CAGR (3Y) | +18.4% | +56.5% | +68.1% | +57.6% | +42.9% | +8.5% | +5.6% |
| Profitability & leverage | |||||||
| Net income margin | +9.7% | +7.7% | +3.4% | +1.7% | +0.7% | +1.9% | +1.8% |
| Return on capital employed | +5.6% | +9.0% | +8.9% | +9.1% | +6.6% | +8.2% | +8.3% |
| Return on net worth | -4.0% | +4.5% | +9.1% | +8.9% | +2.4% | +5.4% | +3.9% |
| Debt / equity | 1.51 | 1.75 | 1.64 | 1.71 | 1.47 | 0.84 | 0.75 |
| Long-term debt / equity | 1.32 | 1.51 | 1.42 | 1.21 | 0.79 | 0.39 | 0.21 |
| Interest cover | 76.64 | 59.61 | 59.78 | 66.14 | 102.45 | 80.56 | 93.45 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.90 | 1.19 | 1.41 | 2.66 | 2.97 | 3.10 | 3.79 |
| Inventory turnover | 6.93 | 9.90 | 11.76 | 18.61 | 16.25 | 18.31 | 16.59 |
| Debtors turnover | 9.07 | 10.09 | 8.63 | 9.71 | 5.40 | 3.15 | 3.16 |
| EPS (₹) | 72.26 | 61.62 | 28.42 | 21.61 | 7.06 | 8.39 | 10.35 |
| Dividend per share (₹) | 1.30 | 1.30 | 1.30 | 1.20 | 1.00 | 1.00 | 1.00 |
| Book value per share (₹) | 617.06 | 402.99 | 309.43 | 279.60 | 185.85 | 156.02 | 154.09 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,954 | 6,813 | 5,304 | 5,066 | 5,878 | 6,165 | 6,157 | 6,587 |
| Revenue growth (YoY) | +1.3% | +10.5% | -13.9% | -23.1% | -24.7% | - | - | - |
| Other income | 870 | 920 | 6,518 | 4,272 | 493 | 4,364 | 430 | 359 |
| Total expenses | 7,670 | 6,638 | 4,830 | 4,400 | 5,298 | 5,645 | 5,535 | 5,854 |
| EBITDA | (1,717) | 175 | 474 | 666 | 579 | 519 | 621 | 733 |
| EBITDA margin | -28.8% | +2.6% | +8.9% | +13.1% | +9.9% | +8.4% | +10.1% | +11.1% |
| Depreciation | 48.46 | 57.44 | 46.41 | 42.71 | 41.75 | 40.98 | 37.56 | 38.73 |
| Interest | 294 | 409 | 520 | 470 | 361 | 340 | 290 | 206 |
| Profit before tax | (1,190) | 629 | 6,426 | 4,425 | 670 | 4,503 | 724 | 847 |
| Tax | (300) | 285 | 130 | 191 | 176 | 228 | 189 | 219 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 23,056 | 26,709 | 32,012 | 57,886 | 26,824 | 13,359 | 16,209 |
| Revenue growth | -13.7% | -16.6% | -44.7% | +115.8% | +100.8% | -17.6% | - |
| Other income | 12,201 | 5,474 | 1,668 | 1,274 | 504 | 392 | 726 |
| Total expenses | 21,162 | 24,129 | 29,103 | 56,154 | 25,518 | 12,568 | 15,463 |
| Employee cost | 1,010 | 839 | 702 | 652 | 382 | 312 | 276 |
| EBITDA | 1,894 | 2,580 | 2,909 | 1,732 | 1,306 | 791 | 746 |
| EBITDA margin | +8.2% | +9.7% | +9.1% | +3.0% | +4.9% | +5.9% | +4.6% |
| Depreciation | 188 | 155 | 143 | 131 | 125 | 122 | 121 |
| Interest | 1,748 | 1,009 | 638 | 664 | 571 | 506 | 381 |
| Profit before tax | 12,159 | 6,891 | 3,797 | 2,211 | 1,113 | 555 | 970 |
| Tax | 781 | 851 | 952 | 588 | 393 | 186 | 271 |
| Net profit | 1,151 | 1,646 | 2,793 | 1,672 | 721 | 499 | 465 |
| Net profit margin | +5.0% | +6.2% | +8.7% | +2.9% | +2.7% | +3.7% | +2.9% |
| EPS (₹) | 88.04 | 52.33 | 24.95 | 14.23 | 6.55 | 3.35 | 6.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 129 | 115 | 114 | 114 | 110 | 110 | 110 |
| Reserves & surplus | 62,650 | 26,583 | 16,526 | 13,820 | 4,621 | 4,018 | 3,651 |
| Shareholders' funds (net worth) | 62,779 | 26,699 | 16,640 | 13,934 | 5,241 | 4,128 | 3,761 |
| Secured loans | 5,250 | 3,988 | 2,929 | 2,074 | 2,027 | 1,821 | 1,802 |
| Unsecured loans | 5,758 | 8,841 | 2,964 | 1,032 | 2,384 | 1,097 | 1,209 |
| Total debt | 11,008 | 12,829 | 5,893 | 3,106 | 4,411 | 2,919 | 3,012 |
| Total liabilities | 73,968 | 39,584 | 23,176 | 17,085 | 9,679 | 7,116 | 6,861 |
| Assets | |||||||
| Gross block | 3,664 | 3,023 | 2,446 | 2,442 | 2,339 | 1,980 | 1,990 |
| Net block | 2,453 | 1,966 | 1,540 | 1,668 | 1,683 | 1,428 | 1,528 |
| Capital work in progress | 1,083 | 591 | 752 | 649 | 511 | 453 | 220 |
| Investments | 28,275 | 18,838 | 14,071 | 9,948 | 3,437 | 2,465 | 2,275 |
| Inventories | 2,066 | 1,897 | 3,007 | 4,085 | 4,844 | 1,099 | 1,527 |
| Sundry debtors | 4,108 | 2,292 | 4,221 | 4,688 | 3,516 | 2,661 | 3,846 |
| Cash & bank balances | 3,569 | 1,178 | 1,014 | 1,340 | 485 | 436 | 783 |
| Loans & advances | 22,107 | 18,611 | 16,595 | 17,190 | 6,607 | 3,852 | 2,973 |
| Total current assets | 31,850 | 23,978 | 24,836 | 27,304 | 15,452 | 8,049 | 9,130 |
| Total current liabilities | 8,002 | 10,586 | 18,851 | 22,896 | 11,835 | 5,864 | 7,025 |
| Net working capital | 23,848 | 13,392 | 5,985 | 4,408 | 3,618 | 2,185 | 2,105 |
| Total assets | 73,968 | 39,584 | 23,176 | 17,085 | 9,679 | 7,116 | 6,861 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 237 | 446 | 304 | 63.59 | 18.70 | 411 | 141 |
| Net cash from operating activities | (3,240) | (3,732) | 508 | 11,187 | 2,105 | 1,557 | 601 |
| Net cash from investing activities | (15,491) | (6,418) | (2,466) | (16,009) | (3,126) | (1,318) | 91.27 |
| Net cash from financing activities | 21,006 | 9,941 | 2,100 | 5,110 | 1,066 | (632) | (422) |
| Net change in cash | 2,275 | (209) | 142 | 289 | 44.89 | (392) | 270 |
| Closing cash | 3,569 | 1,178 | 1,014 | 1,340 | 485 | 436 | 783 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -13.7% | -16.6% | -44.7% | +115.8% | +100.8% | -17.6% | - |
| EBITDA growth | -26.6% | -11.3% | +67.9% | +32.7% | +65.1% | +6.0% | - |
| PBT growth | +76.5% | +81.5% | +71.7% | +98.6% | +100.5% | -42.7% | +54.0% |
| Net income growth | -30.1% | -41.0% | +67.0% | +131.9% | +44.6% | +7.2% | - |
| Revenue CAGR (3Y) | -26.4% | -0.1% | +33.8% | +52.9% | +20.0% | +11.9% | +27.7% |
| EBITDA CAGR (3Y) | +3.0% | +25.5% | +54.4% | +32.4% | +12.3% | +22.4% | +9.9% |
| Profitability & leverage | |||||||
| Net income margin | +49.4% | +22.6% | +8.9% | +2.8% | +2.7% | +2.8% | +4.3% |
| Return on capital employed | +7.6% | +12.8% | +22.0% | +21.5% | +20.1% | +18.0% | +15.7% |
| Return on net worth | +2.6% | +7.6% | +18.6% | +16.9% | +15.4% | +12.6% | +13.3% |
| Debt / equity | 0.27 | 0.43 | 0.29 | 0.39 | 0.78 | 0.75 | 0.84 |
| Long-term debt / equity | 0.19 | 0.30 | 0.15 | 0.16 | 0.37 | 0.30 | 0.22 |
| Interest cover | 102.43 | 41.58 | 23.07 | 41.48 | 48.37 | 75.59 | 60.97 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.90 | 9.77 | 13.10 | 24.22 | 12.42 | 6.73 | 8.33 |
| Inventory turnover | 11.64 | 10.89 | 9.03 | 12.97 | 9.03 | 10.17 | 9.45 |
| Debtors turnover | 7.21 | 8.20 | 7.19 | 14.11 | 8.68 | 4.11 | 3.59 |
| EPS (₹) | 88.04 | 52.33 | 24.95 | 14.23 | 6.55 | 3.35 | 6.35 |
| Dividend per share (₹) | 1.30 | 1.30 | 1.30 | 1.20 | 1.00 | 1.00 | 1.00 |
| Book value per share (₹) | 485.76 | 231.32 | 145.96 | 122.23 | 43.01 | 37.53 | 34.20 |
Board of Directors of Adani Enterprises Limited
Adani Enterprises has 8 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Shantilal Adani Also directs: Adani Power Limited, Adani Green Energy Limited, Adani Energy Solutions Limited and 5 more | Managing Director | 10 Jun 2005 | 21 Years 4 Months | Current |
| Pranav Vinod Adani Also directs: Adani Total Gas Limited, Adani Infra (India) Limited, Adani Welspun Exploration Limited and 5 more | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Gautam Shantilal Adani | Whole-Time Director | 03 Mar 1993 | 33 Years 7 Months | Current |
| Vinay Prakash | Director | 12 Aug 2017 | 9 Years 2 Months | Current |
| Omkar Goswami Also directs: Adani Airport Holdings Limited, Cerg Advisory Private Limited | Director | 03 Nov 2022 | 3 Years 11 Months | Current |
| Vijay Laxmi Joshi Also directs: GHCL Limited, HDFC Securities Limited | Director | 02 Dec 2016 | 9 Years 10 Months | Current |
Peer Comparison of Adani Enterprises Limited
Adani Enterprises Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics, Mining). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tata Steel Limited Listed | ₹2,20,083 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Vedanta Limited Listed | ₹1,56,643 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Coal India Limited Listed | ₹1,52,839 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Adani Enterprises Limited this company | ₹1,00,469 Cr (FY 2026) | •••• | •••• | 2.6% | •••• | Ahmedabad, Gujarat, India |
| Jindal Steel Limited Listed | ₹49,932 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Hisar, Haryana, India |
| Hindustan Zinc Limited Listed | ₹35,066 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Udaipur, Rajasthan, India |
| The Singareni Collieries Company Limited | ₹30,324 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Telangana, India |
| Mahanadi Coalfields Limited | ₹28,662 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Sambalpur, Odisha, India |
| Northern Coalfields Limited | ₹26,757 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Sidhi, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Adani Enterprises by revenue in the Transport and Logistics industry (Diversified Logistics, Mining), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Adani Enterprises Limited
Adani Enterprises Limited is audited by SHAH DHANDHARIA & CO LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH DHANDHARIA & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Shareholding Pattern of Adani Enterprises Limited
Shareholding for the quarter ended Sep 2026: promoters hold 74.80%, foreign institutional investors hold 8.80%, domestic institutional investors hold 9.30% and retail and other public shareholders hold 7.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 74.80% | 74.70% | 74.00% | 74.00% |
| Public | 25.20% | 25.30% | 26.00% | 26.00% |
Charges & Borrowings of Adani Enterprises Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jul 2026 | Others | ₹1,970.26 Cr | Open |
| 10 Apr 2026 | Others | ₹467.11 Cr | Open |
| 09 Apr 2026 | Others | ₹2,676.98 Cr | Open |
| 30 Mar 2026 | Others | ₹3,166.35 Cr | Open |
| 17 Feb 2026 | Others | ₹485 Cr | Open |
Total charge records: 137 View all charges
Deals & Funding of Adani Enterprises Limited
Adani Enterprises Limited has 63 deals on record (47 market trades, 8 funding rounds, 3 qips), with disclosed funding of ₹10,697 Cr; the latest was in September 2026.
Deals on record (5 of 63)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹2,498.3 Cr | Buyer: Adani Properties Private Limited , Adani Infra (India) Limited Seller: Infinite Trade And Investment Ltd |
| Oct 2024 | QIP | ₹4,200 Cr | Investors: Winro Commercial (India) Ltd , Tree Line Investment Management, Sbi Life Insurance Company Limited |
| Oct 2011 | Market trade | ₹49.89 Cr | Buyer: Accurate Finstock Private Limited Seller: an individual |
| Sep 2011 | Market trade | ₹56 Cr | Buyer: Accurate Finstock Private Limited Seller: an individual |
| Sep 2011 | Market trade | ₹46.24 Cr | Buyer: Accurate Finstock Private Limited Seller: an individual |
Full deal history
All 63 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Adani Enterprises Limited
Adani Enterprises Limited has 501 court cases on record: 240 filed by Adani Enterprises, 173 filed against it, 88 where it is another party. 129 cases are pending and 372 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 307 | 95 | 79 |
| District courts | 155 | 45 | 23 |
| NCLAT | 25 | 25 | 23 |
| Supreme Court | 14 | 8 | 4 |
Cases on record (5 of 501)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by K8 Developers Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by K8 Developers Private Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Jaypee Infratech Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Gama Investments Private Limited and 4 others | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Jaypee Infratech Limited | Pending |
Full case history
All 501 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Adani Enterprises Limited
Adani Enterprises Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 108 overdue payments to 41 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Naitik Petroleum | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Adani Enterprises Limited
Adani Enterprises Limited has a workforce of 2,120 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Adani Enterprises Limited
Adani Enterprises has 51 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| East Coast Aluminium Limited | U09900GJ2018PLC105264 | - |
| Surguja Power Private Limited | U10100GJ2012PTC068748 | - |
| Rajasthan Collieries Limited | U10100RJ2012PLC038382 | - |
| Jhar Mining Infra Private Limited | U10102GJ2014PTC115650 | - |
| Parsa Kente Collieries Limited | U10200RJ2007PLC025173 | - |
| Jhar Mineral Resources Private Limited | U14100GJ2010PTC062625 | - |
Showing major subsidiaries. Total: 51.
Recent Activity on Adani Enterprises Limited
Adani Enterprises Limited has 48 board changes on record since 1993: 28 appointments and 20 cessations. The latest: Anju Abrol was appointed as Additional Director on 29 Jul 2026.
302 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Adani Enterprises Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adani Enterprises Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Adani Enterprises Limited
Adani Enterprises has 28 GST registrations: 22 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA2804L1Z0 | Gujarat | Active | 01 Jul 2017 |
| 24AABCA2804L2ZZ | Gujarat | Active | 10 Oct 2017 |
| 24AABCA2804L3ZY | Gujarat | Active | 30 Jun 2021 |
| 06AABCA2804L1ZY | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Adani Enterprises Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Adani Enterprises Limited
Articles about Adani Enterprises Limited on our blog
Frequently Asked Questions about Adani Enterprises Limited
Adani Enterprises is an active public limited company based in Ahmedabad, Gujarat, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 02 March 1993 (33+ years old) and is registered under CIN L51100GJ1993PLC019067. Listed on BSE: 512599 and NSE: ADANIENT.
Adani Enterprises reported revenue of ₹1,00,469 Cr for FY 2025-26 (up 2.6% YoY) based on consolidated financials.
Adani Enterprises has 8 current directors:
- Rajesh Shantilal Adani - Managing Director
- Gautam Shantilal Adani - Whole-Time Director
- Pranav Vinod Adani - Director
- Vinay Prakash - Director
- Omkar Goswami - Director
- Vijay Laxmi Joshi - Director
- Bharat Kanaiyalal Sheth - Director
- Anju Abrol - Additional Director
The GSTIN of Adani Enterprises is 24AABCA2804L1Z0, registered in Gujarat. The company has 28 GST registrations in all, of which 22 are active and 6 are cancelled or inactive. Other active GSTINs include 24AABCA2804L2ZZ (Gujarat), 24AABCA2804L3ZY (Gujarat), 06AABCA2804L1ZY (Haryana).
The CIN (Corporate Identification Number) of Adani Enterprises is L51100GJ1993PLC019067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Adani Enterprises is listed on both BSE (code: 512599) and NSE (symbol: ADANIENT).
Adani Enterprises has 501 court cases on record: 240 filed by the company and 173 filed against it. 129 are pending. Most are in the high courts.
Adani Enterprises was incorporated on 02 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adani Enterprises has 63 deals on record (47 market trades, 8 funding rounds, 3 qips), with disclosed funding of ₹10,697 Cr; the latest was in September 2026.
The peers of Adani Enterprises by revenue are Tata Steel Limited, Vedanta Limited, Coal India Limited, Jindal Steel Limited, Hindustan Zinc Limited and 3 more, all in the Transport and Logistics industry (Diversified Logistics, Mining).
Anju Abrol was appointed as Additional Director on 29 Jul 2026. Bharat Kanaiyalal Sheth was appointed as Director on 09 Aug 2025. Hemant Madhusudan Nerurkar ceased to be Director on 09 Aug 2025. Adani Enterprises has 48 board changes on record in total.
Adani Enterprises has 6 MSME Form 1 returns on record between 2020 and 2023, listing 108 overdue payments to 41 micro and small suppliers. The latest return was filed on 29 Aug 2023.