- #1 Gautam Adani & family ₹9,22,800 Cr

About Adani Infra (India) Limited
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Adani Infra (India) Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adani Properties Private Limited. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 13 January 2010 and has been in existence for over 16 years.
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 U45204GJ2010PLC059226. Its GSTIN is 24AAICA2707K1ZT (Gujarat). The company holds 21 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Adani Infra (India) Private Limited and Electrogen Infra (India) Private Limited. It is led by directors including Kattunga Srinivasa Rao (Whole-Time Director) and Jatinkumar Rameshchandra Jalundhwala.
Its last annual general meeting (AGM) was held on 26 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 financials filed for FY 2026, the company reported a revenue of ₹13,787 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹7,204.01 Cr (net margin 52.3%) and EBITDA of ₹10,130 Cr (EBITDA margin 73.5%). Revenue has grown at a compounded annual rate (CAGR) of 115% over three years and 39% over five years.
The company has about 544 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Adani Group. As per MCA filings, the company has open charges of ₹305 Cr and satisfied charges of ₹11,824 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 5 cases are pending. The company has 10 deals on record (5 secondary share transfers, 4 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹1,450.82 Cr; the latest was in March 2025. The company has 14 MSME Form 1 returns on record between 2016 and 2023, listing 328 overdue payments to 163 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 adani.com.
Company details
Name history
Adani Infra (India) has undergone 2 name changes throughout its history. The company was previously known as Adani Infra (India) Private Limited, and Electrogen Infra (India) Private Limited. The current legal name is Adani Infra (India) Limited.
| Company Name | Status |
|---|---|
| Adani Infra (India) Limited | Current |
| Adani Infra (India) Private Limited | Previous |
| Electrogen Infra (India) Private Limited | Previous |
CIN history
Adani Infra (India) has one previous CIN (Corporate Identification Number): U45204GJ2010PTC059226. The current CIN is U45204GJ2010PLC059226, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45204GJ2010PLC059226 | Current |
| U45204GJ2010PTC059226 | Previous |
Recognitions & Rankings of Adani Infra (India)
Contact details
Adani Infra (India) Limited's registered office is in Ahmedabad, Gujarat. Its website is adani.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
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Adani Infra (India) 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 Infra (India) operates one associated brand: Adani Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified operations are conducted across multiple industries worldwide. | adani.com |
Business activity
The main business activity of Adani Infra (India) is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Adani Infra (India) Limited, buy the company report.
Financials of Adani Infra (India) Limited
FY 2026 filings availableAdani Infra (India) Limited reported revenue of ₹13,787 Cr (up 89% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 89% growth in the latest year. EBITDA rose 89% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13,787 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10,130 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7,204.01 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.5% | ||||
| Net Profit Margin | 52.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Adani Infra (India) Limited, buy the company report.
Board of directors of Adani Infra (India) Limited
Adani Infra (India) has 8 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Adani Infra (India) Limited is audited by SHAH DHANDHARIA & CO LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH DHANDHARIA & CO LLP | FY 2026 | 118707W/W100724 |
Shareholding
The shareholding of Adani Infra (India) Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adani Infra (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2024 | 101021635 | Yes Bank Limited | ₹305 Cr | Open | |
| 17 May 2024 | 100930932 | Others | ₹20 Cr | Satisfied | |
| 15 Dec 2020 | 100402066 | State Bank of India | ₹115.31 Cr | Satisfied | |
| 09 Jan 2020 | 100315156 | Others | ₹238 Cr | Satisfied | |
| 28 Nov 2019 | 100307699 | Others | ₹38 Cr | Satisfied |
To see the full charge records of Adani Infra (India) Limited, buy the company report.
Total charge records: 37 View all charges
Deals & funding
Adani Infra (India) Limited has 10 deals on record (5 secondary share transfers, 4 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹1,450.82 Cr; the latest was in March 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Ajaya Build Estate Private Limited Seller: Rehvar Infrastructure Private Limited , Milestone Tradelinks Private Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Rehvar Infrastructure Private Limited , Milestone Tradelinks Private Limited Seller: Adani Tradeline LLP |
| Sep 2019 | Acquisition | ₹700 Cr | Buyer: Adani Properties Private Limited |
| Mar 2019 | Acquisition | Undisclosed | Buyer: Adani Tradeline LLP Seller: Adani Properties Private Limited |
| Oct 2018 | Acquisition | ₹2,250 Cr | Buyer: Adani Properties Private Limited |
To see the full deal history of Adani Infra (India) 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 Infra (India) Limited has 11 court cases on record: 3 filed by Adani Infra (India), 8 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 7 | 3 |
| High courts | 2 | 1 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Court case (CEP) | Filed against the company by M/S. Sangha Erectors Private Limited | Pending |
| District court, Rangareddy, Telangana | Court case (COP) | Filed by the company against M/S. Sangha Erectors Private Limited | Pending |
| High Court of Delhi | Writ petition | Filed by the company against NTPC Limited | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed by the company against H C Jain Pipes Private Limited and 2 others | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
To see the full case history of Adani Infra (India) 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 Infra (India) Limited was last rated by Brickwork on 11 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 11 Mar 2022 |
To see the full credit ratings and regulatory alerts of Adani Infra (India) Limited, buy the company report.
MSME payment delays
Adani Infra (India) Limited has 14 MSME Form 1 returns on record between 2016 and 2023, listing 328 overdue payments to 163 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 163)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Electro Control Systems | |||
| Radix Infra Projects Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Esec Security Consultants Private Limited |
To see the full MSME payment records of Adani Infra (India) Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Adani Infra (India) has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Anuppur Thermal Energy (MP) Private Limited | U40108GJ2007PTC117806 | |
| Katni Thermal Energy (MP) Limited | U40300GJ2009PLC117809 | |
| Mirzapur Thermal Energy (Up) Private Limited | U40300GJ2010PTC117810 |
To see the full group structure of Adani Infra (India) Limited, buy the company report.
Employees & EPFO
Adani Infra (India) Limited has a workforce of 544 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Adani Infra (India) has 21 GST registrations: 16 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICA2707K1ZT | Gujarat | Active | 01 Jul 2017 |
| 24AAICA2707K2ZS | Gujarat | Active | 10 Aug 2020 |
| 24AAICA2707K3ZR | Gujarat | Active | 03 Mar 2025 |
| 08AAICA2707K1ZN | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adani Infra (India) Limited, buy the company report.
Recent activity
Adani Infra (India) Limited has 28 board changes on record since 2010: 8 appointments and 20 cessations. The latest: Vneet S Jaain was appointed as Director on 18 Apr 2026.
98 earlier events are in the company report.
News
Frequently asked questions
Adani Infra (India) is an active public limited company based in Ahmedabad, Gujarat, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 13 January 2010 (16+ years old) and is registered under CIN U45204GJ2010PLC059226.
Adani Infra (India) has 8 current directors:
- Kattunga Srinivasa Rao - Whole-Time Director
- Jatinkumar Rameshchandra Jalundhwala - Director
- Mukesh Mahendrabhai Shah - Director
- Jeet Gautam Adani - Director
- Gautam Shantilal Adani - Director
- Rajesh Shantilal Adani - Director
- Pranav Vinod Adani - Director
- Vneet S Jaain - Director
The latest financial statements of Adani Infra (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Adani Infra (India) is 24AAICA2707K1ZT, registered in Gujarat. The company has 21 GST registrations in all, of which 16 are active and 5 are cancelled or inactive. Other active GSTINs include 24AAICA2707K2ZS (Gujarat), 24AAICA2707K3ZR (Gujarat), 08AAICA2707K1ZN (Rajasthan).
The CIN (Corporate Identification Number) of Adani Infra (India) is U45204GJ2010PLC059226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adani Infra (India) has 11 court cases on record: 3 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
Adani Infra (India) was incorporated on 13 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adani Infra (India) has 10 deals on record (5 secondary share transfers, 4 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹1,450.82 Cr; the latest was in March 2025.
Vneet S Jaain was appointed as Director on 18 Apr 2026. Jeet Gautam Adani was appointed as Director on 09 Sep 2025. Gautam Shantilal Adani ceased to be Additional Director on 25 Jun 2025. Adani Infra (India) has 28 board changes on record in total.
Adani Infra (India) has 14 MSME Form 1 returns on record between 2016 and 2023, listing 328 overdue payments to 163 micro and small suppliers. The latest return was filed on 27 Oct 2023.
Adani Infra (India) can be reached through the website adani.com. Its registered office is in Ahmedabad, Gujarat, India.

