Adani Enterprises

    ADANIENT
    Infra
    ₹3060.00
    price as of 11/9/2026, 5:27:59 pm

    Market cap ₹4.35 L Cr

    P/E
    53.18
    Day range
    ₹2,999.00 – ₹3,065.00
    52-week range
    ₹1,753.00 – ₹3,245.00
    Volume
    18.15 L
    Open
    ₹3,040.00
    Prev close
    ₹3,077.20
    Promoters pledged 2.3% of their shares
    52-week range, adjusted for splits and bonuses
    ₹1,753₹3,245
    30 Mar 20266 Jul 2026
    Index membership & F&O
    NIFTY 50NIFTY 100NIFTY 200NIFTY 500NIFTY METALF&O lot 309

    Price history

    6M change +54.96%RSI (14) 54.4 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 47.5% today vs 35.1% average · BSE close ₹3,057.1

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹1,500₹2,000₹2,500₹3,000₹3,5000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹3,071.6
    Change
    -0.21%
    Basis over spot
    +₹11.61
    Futures OI (shares)
    1.60 Cr
    OI change
    +0.10%
    Put-call ratio
    0.65
    Max pain
    ₹3,000
    Resistance (call OI)
    ₹3,200
    Support (put OI)
    ₹2,900
    Lot size
    309

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    2550265027502850295030503150325033503450360003.5 L7.0 L10.5 L14.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    48.4
    EPS (TTM)
    ₹62.01
    Price / Book
    4.96
    ROE (FY26)
    15.2%
    ROCE (latest year)
    6%
    Dividend yield
    0.04%
    Net margin (TTM)
    6.5%
    Current ratio
    1.03
    Debt / Equity
    1.16
    Revenue growth (5y)
    20.5%
    EPS growth (5y)
    55.7%

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹2,909.56Price above₹2,996.64Price above₹2,996.91Price above₹3,056.68Price above₹2,882.51Price above₹2,510.43Price above

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    -7.6%
    Profit 3Y CAGR
    +60.2%
    Revenue YoY (Jun 2026)
    +49.9%
    Profit YoY (Jun 2026)
    -249.8%
    Operating margin
    15.0%
    Net margin
    -4.4%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 2026-11.0KCr0 Cr11.0K Cr22.0K Cr33.0K Cr0%5%10%15%20%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jul 2026

    • Promoter
    • DII
    • FII
    • Public

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40.0KCr-20.0KCr0 Cr20.0K Cr40.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%20%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr30.0K Cr60.0K Cr90.0K Cr1.2L Cr0.0x0.5x1.0x1.5x2.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales19,54625,05029,18025,47222,60822,84826,96621,96121,24924,82032,43932,924
    Expenses17,11621,82425,98521,76718,84219,77823,25618,65117,94221,17828,70927,905
    Operating Profit2,4303,2263,1953,7063,7663,0703,7103,3103,3073,6423,7315,019
    OPM %12%13%11%15%17%13%14%15%16%15%12%15%
    Other Income461491-1765915836484,5824754,1796,288748-2,022
    Interest1,3435971,5131,1309102,1411,7961,0351,7111,6261,6462,421
    Depreciation7577608119341,0351,0061,2361,2841,3771,3722,1031,926
    Profit before tax7912,3616962,2322,4035725,2591,4664,3986,932729-1,349
    Tax %50%19%62%26%21%103%24%39%23%20%117%16%
    Net Profit3331,9733521,7721,9892294,0159763,4145,727-167-1,462
    EPS in Rs₹1.78₹14.79₹3.53₹11.39₹13.64₹0.45₹29.74₹6.85₹24.74₹43.53₹-0.81₹-8.92

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    Adani Enterprises Ltd has business interests in various economic areas such as mining, integrated resources management (IRM), infrastructure such as airports, roads, rail/ metro, water, data centres, solar manufacturing, agro and defence. [1]

    Strengths

    None flagged by the checklist.

    Risks

    • Stock is trading at 4.88 times its book value
    • Company has low interest coverage ratio.
    • Promoter holding has decreased over last quarter: -2.70%
    • Company has a low return on equity of 2.41% over last 3 years.
    • Company might be capitalizing the interest cost
    • Earnings include an other income of Rs.9,193 Cr.

    Compounded Sales Growth

    10 Years
    +11%
    5 Years
    +21%
    3 Years
    -8%
    TTM
    +18%

    Compounded Profit Growth

    10 Years
    5 Years
    3 Years
    TTM
    -36%

    Stock Price CAGR

    10 Years
    +52%
    5 Years
    +15%
    3 Years
    +8%
    1 Year
    +32%

    Return on Equity

    10 Years
    +4%
    5 Years
    +4%
    3 Years
    +2%
    Last Year
    -3%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Jul 2026Change
    Promoter73.97%74.67%74.84%71.97%-2.87 pp
    FII11.64%10.80%8.77%10.51%+1.74 pp
    DII6.71%6.70%9.34%10.75%+1.41 pp
    Public7.66%7.84%7.06%6.78%-0.28 pp

    Filed with NSE for Jul 2026: promoters 71.97%, public 28.03% · XBRL filing

    Analysts & fund holdings

    100%
    100% recommend buy
    4 analysts cover the stock
    Valuation vs Trading Companies & Distributors
    P/E53.2 vs 45.8
    Sector P/B6.15
    Beta1.41

    Who holds the shares, quarter by quarter

    Mutual funds 6.73% (+1.33 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Jul 26
    • Promoters72.0%
    • Foreign institutions10.5%
    • Mutual funds6.7%
    • Insurance3.8%
    • Other domestic institutions0.3%
    • Retail2.6%
    • Others4.2%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Aggressive Hybrid Fund0.50%2.41%+0.31 pp
    Quant Small Cap Fund0.36%4.30%+0.55 pp
    SBI Focused Fund0.33%2.73%-0.41 pp
    SBI ELSS Tax Saver Fund0.23%3.09%+1.47 pp
    SBI Large & Midcap Fund0.23%2.31%+0.03 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹1.30

      Dividend - Rs 1.30 Per Share

      12 Jun 2026
      ex-date
    • rights
      Not available — not reported in this filing

      Rights 3:25 @ Premium Rs 1799/-

      17 Nov 2025
      ex-date
    • dividend
      ₹1.30

      Dividend - Rs 1.30 Per Share

      13 Jun 2025
      ex-date
    • dividend
      ₹1.30

      Dividend - Rs 1.30 Per Share

      14 Jun 2024
      ex-date
    • dividend
      ₹1.20

      Dividend - Rs 1.20 Per Share

      7 Jul 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 1 Per Share

      14 Jul 2022
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 1 Per Share

      1 Jul 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      17 Jun 2020
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      23 Mar 2020
      ex-date
    • dividend
      ₹0.40

      Annual General Meeting/Dividend - Rs 0.40 Per Share

      29 Jul 2019
      ex-date
    • other
      Not available — not reported in this filing

      Scheme Of Arrangement

      6 Sept 2018
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend Re 0.40 Per Share

      27 Jul 2018
      ex-date
    • other
      Not available — not reported in this filing

      Scheme Of Arrangement

      5 Apr 2018
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 0.40 Per Share

      31 Jul 2017
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      1 Aug 2016
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.40/- Per Share (Purpose Revised)

      22 Mar 2016
      ex-date
    • dividend
      ₹1.40

      Annual General Meeting/ Dividend - Rs 1.40/- Per Share

      31 Jul 2015
      ex-date
    • other
      Not available — not reported in this filing

      Scheme Of Arrangement

      3 Jun 2015
      ex-date
    • dividend
      ₹1.40

      Annual General Meeting/Dividend Rs 1.40/- Per Share

      31 Jul 2014
      ex-date
    • dividend
      ₹1.40

      Annual General Meeting And Dividend Rs.1.40 Per Share

      30 Jul 2013
      ex-date

    Insider trades

    Last 12 months, market trades
    No market trades
    0 buys · ₹0
    0 sells · ₹0
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy3,36,000₹120 Cr3 Oct 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy3,00,000₹108 Cr29 Sept 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy2,50,000₹88.9 Cr29 Sept 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy3,00,000₹111 Cr27 Sept 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy3,00,000₹111 Cr27 Sept 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy3,25,000₹125 Cr22 Sept 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy3,00,000₹110 Cr22 Sept 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy3,00,000₹113 Cr21 Sept 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy5,00,000₹179 Cr19 Sept 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy2,25,000₹84.1 Cr19 Sept 2022
    Spitze Trade and Investment Ltd
    Promoter Group · Market Purchase
    Buy3,50,000₹128 Cr19 Sept 2022
    Spitze Trade and Investment Ltd
    Employees/Designated Employees · Market Purchase
    Buy5,00,000₹175 Cr14 Sept 2022

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Bulk & block deals

    Large deals reported to NSE in this stock
    DateClientTypeQuantityPrice
    1 Sept 2026Short sale12

    Deals of more than 0.5% of shares (bulk), large single trades (block) and short sales, as NSE reports them.

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Intimation for Press Release - Adani Airport to raise USD 1 billion of primary equity from Marquee global investors

    Company Update
    Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

    Intimation relating to entering into Shareholders' Agreement by the Company

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Investor / Analyst Meet

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Intimation of acquisition of Chandenvalle Infra Park Limited by AdaniConnex Private Limited, a joint venture of the Company

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation for Investor / Analyst Meet

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Intimation relating to change in Directorate of the Company

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Investor / Analyst Meet

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Intimation for acquisition of Path Highways LLP by Adani Road Transport Limited, a wholly owned subsidiary of the Company and Adani GRICL Limited, a step down subsidiary of the Company

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Intimation for incorporation of wholly subsidiary company by Adani Airport City Limited, a Step down wholly owned subsidiary of the Company

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation for Investor / Analyst Meet

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Intimation for submission of earing call transcript for the earning call for the unaudited financial results for the quarter ended on 30.06.2026 held on 29.07.2026

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Intimation for incorporation of a wholly owned subsidiary Company by Adani Airport Holdings Limited, a wholly owned subsidiary Company

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Intimation for completion of further acquisition of 100% stake in Flight Simulation Solutions Private Limited

    Company Update
    Submission Of Audio Recording Of Analysts / Investors' Call Pertaining To The Unaudited Financial Results Of The Company For The Quarter Ended 30Th June 2026

    Intimation for submission of audio recording

    Company Update
    Statement Of Deviation Or Variation For The Quarter Ended 30Th June, 2026

    Statement of Deviation & Variation for the quarter ended on 30th June, 2026

    Filed with BSE (scrip 512599); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    Regulatory orders

    • Adjudication order

      Adjudication Order in the matter of M/s. M/s. Adani Exports Limited (Now known as Adani Enterprises Ltd) in respect of M/s. V and S Intermediaries

      29 Sept 2011
      Read on SEBI
    • Adjudication order

      Adjudication Order in the matter of M/s. M/s. Adani Exports Limited (Now known as Adani Enterprises Ltd) in respect of M/s. Rajesh Jhaveri

      27 Sept 2011
      Read on SEBI
    • Adjudication order

      Adjudication Order in respect of ESS ESS Intermediaries Pvt. Ltd. in the matter of Adani Enterprises Ltd

      30 Dec 2010
      Read on SEBI
    • Adjudication order

      Adjudication Order in respect of Falguni Shah in the matter of Adani Enterprises Ltd

      30 Dec 2010
      Read on SEBI
    • Adjudication order

      Adjudication Order in respect of Samir P Shah in the matter of Adani Enterprises Ltd

      30 Dec 2010
      Read on SEBI

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 31 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.