- 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 among India's richest people (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 545 cases involving the company, including 252 filed by the company and 293 filed against it; 139 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. 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.
Company details
Recognitions & Rankings of Adani Enterprises
- Revenue
- ₹1,00,365 Cr
- #1 Gautam Adani & family ₹9,22,800 Cr
Contact details
Adani Enterprises Limited's registered office is in Ahmedabad, Gujarat. Its website is adanienterprises.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Adani Enterprises Limited, buy the company report.
- 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
Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| B | Mining and quarrying | B1 | Mining of Coal and lignite | |
| B | Mining and quarrying | B5 | Mining Support Services activities |
To see the full business activity and turnover split of Adani Enterprises Limited, buy the company report.
Financials of Adani Enterprises Limited
FY 2025-26 filings availableAdani 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 |
To see the full year-wise statements and ratios of Adani Enterprises Limited, buy the company report.
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 |
Auditor
Adani Enterprises Limited is audited by SHAH DHANDHARIA & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH DHANDHARIA & CO LLP | FY 2024 | 118707W/W100724 |
Shareholding
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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2026 | 101353148 | Others | ₹1,970.26 Cr | Open | |
| 10 Apr 2026 | 101284747 | Others | ₹467.11 Cr | Open | |
| 09 Apr 2026 | 101284743 | Others | ₹2,676.98 Cr | Open | |
| 30 Mar 2026 | 101286543 | Others | ₹3,166.35 Cr | Open | |
| 17 Feb 2026 | 101236952 | Others | ₹485 Cr | Open |
To see the full charge records of Adani Enterprises Limited, buy the company report.
Total charge records: 137 View all charges
Deals & funding
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 |
To see the full deal history of Adani Enterprises Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adani Enterprises Limited has 545 court cases on record: 252 filed by Adani Enterprises, 293 filed against it. 139 cases are pending and 406 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 311 | 147 | 80 |
| District courts | 164 | 88 | 23 |
| Supreme Court | 45 | 33 | 13 |
| NCLAT | 25 | 25 | 23 |
Cases on record (5 of 545)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Jaypee Infratech Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Jaypee Infratech Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by K8 Developers Pvt. Ltd. | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Kamat Hotels India Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Gama Investments Pvt. Ltd. Through Its Ar SH. Brahm Prakash Bhardwaj and 4 others | Pending |
To see the full case history of Adani Enterprises Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Adani Enterprises Limited was last rated by Care on 29 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Jun 2022 |
To see the full credit ratings and regulatory alerts of Adani Enterprises Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Adani Enterprises Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
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 |
To see the full group structure of Adani Enterprises Limited, buy the company report.
Employees & EPFO
Adani Enterprises Limited has a workforce of 2,120 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Adani Enterprises Limited, buy the company report.
Recent activity
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 in the company report.
News
From our blog
Frequently asked questions
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 latest financial statements of Adani Enterprises on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 June 2026. Year-wise statements from 2015 are in the company report.
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 545 court cases on record: 252 filed by the company and 293 filed against it. 139 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.
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.