Adani Enterprises Ltd
About
Adani Enterprises Limited (AEL) is the flagship company of the Adani Group, founded in 1988 by Gautam Adani. Established on March 2, 1993, AEL is headquartered in Ahmedabad, Gujarat, and is led by Managing Director Rajesh Adani.AEL operates across diverse sectors, including energy and utilities, data centers, infrastructure, transport and logistics, and consumer goods. The company has successfully incubated and listed six major companies, including Adani Ports and Special Economic Zone, Adani Power, Adani Transmission, Adani Green Energy, Adani Total Gas, and Adani Wilmar. In the infrastructure sector, AEL manages key Indian airports, including Mumbai, Ahmedabad, Lucknow, Jaipur, and Guwahati, and is developing the Navi Mumbai Greenfield Airport. The company also owns and operates 14 road projects in India. AEL manufactures and markets FMCG products under the Fortune brand and is expanding its digital footprint with Adani One, a super-app designed to enhance its consumer-facing businesses.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 99399 -23.0% | 129082 73.6% | 74367 86.7% | 39834 -9.7% | 44105 4.8% | 42079 12.7% | 37339 0.1% | 37319 6.9% | 34918 -46.5% | 65250 14.7% | 56903 18.0% | 48231 19.4% | 40411 49.3% | 27060 3.9% | 26040 -7.6% | 28185 - |
| Net Operating Income (INR Cr) | 96421 -24.40% | 127540 83.72% | 69420 75.58% | 39537 -8.91% | 43403 7.49% | 40379 12.40% | 35924 -1.67% | 36533 7.42% | 34008 -47.34% | 64582 17.28% | 55067 18.52% | 46462 18.06% | 39356 49.04% | 26405 2.06% | 25874 -1.18% | 26182 33.95% |
| Profit (INR Cr) | 3240 31.5% | 2464 217.3% | 777 -15.8% | 923 -18.9% | 1138 58.7% | 717 -5.3% | 757 -23.3% | 988 -2.3% | 1011 -48.1% | 1948 -12.3% | 2221 37.7% | 1613 -12.3% | 1839 -25.7% | 2476 169.4% | 919 82.2% | 505 - |
| Assets (INR Cr) | 121412 20.5% | 100731 33.3% | 75588 106.1% | 36674 12.9% | 32490 14.9% | 28278 -20.3% | 35470 -4.3% | 37057 9.4% | 33868 -70.6% | 115063 11.6% | 103134 6.8% | 96593 1.3% | 95366 68.1% | 56729 124.0% | 25330 62.6% | 15580 - |
| Net Worth (INR Cr) | 39076 18.2% | 33051 48.5% | 22257 29.7% | 17159 1.3% | 16947 14.9% | 14756 -2.2% | 15089 6.7% | 14136 5.7% | 13378 -48.0% | 25728 8.3% | 23757 11.0% | 21396 9.9% | 19473 9.8% | 17728 193.6% | 6039 100.0% | 3019 42.1% |
| Employee Cost (INR Cr) | 2331 24.2% | 1877 59.0% | 1181 42.4% | 829 21.5% | 682 4.0% | 656 15.5% | 568 11.3% | 511 -3.3% | 528 -54.1% | 1150 38.9% | 828 29.2% | 641 39.5% | 460 18.8% | 387 220.9% | 121 5.1% | 115 - |
| Interest Cost (INR Cr) | 4555 | 3969 | 2526 | 1377 | 1572 | 1625 | 1250 | 1257 | 1357 | 7056 | 5703 | 3492 | 1826 | 634 | 604 | 558 |
| Cash & Bank Balance (INR Cr) | 7068 | 5374 | 3916 | 1811 | 3377 | 1709 | 1884 | 1715 | 1540 | 3651 | 3721 | 7074 | 6514 | 2653 | 2919 | 2583 |
| Total Debt (INR Cr) | 65310 | 53200 | 41604 | 16227 | 12419 | 11243 | 17637 | 20846 | 19169 | 83571 | 71980 | 69332 | 69479 | 32960 | 17439 | 12084 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 3.3% | 1.9% | 1.0% | 2.3% | 2.6% | 1.7% | 2.0% | 2.7% | 2.9% | 3.0% | 3.9% | 3.3% | 4.6% | 9.2% | 3.5% | 1.8% |
| Profit As % Of Assets | 2.7% | 2.5% | 1.0% | 2.5% | 3.5% | 2.5% | 2.1% | 2.7% | 3.0% | 1.7% | 2.2% | 1.7% | 1.9% | 4.4% | 3.6% | 3.2% |
| Profit As % Of Networth | 8.3% | 7.5% | 3.5% | 5.4% | 6.7% | 4.9% | 5.0% | 7.0% | 7.6% | 7.6% | 9.4% | 7.5% | 9.4% | 14.0% | 15.2% | 16.7% |
| Interest Cost to EBITDA % | 42.7% | 47.0% | 68.0% | 61.3% | 73.0% | 127.7% | 71.1% | 68.7% | 85.3% | 57.5% | 60.8% | 58.4% | 36.5% | 15.7% | 36.1% | 60.5% |
| Debt to Equity Ratio | 1.67 | 1.61 | 1.87 | 0.95 | 0.73 | 0.76 | 1.17 | 1.47 | 1.43 | 3.25 | 3.03 | 3.24 | 3.57 | 1.86 | 2.89 | 4.00 |
| RONW | 9.1% | 8.9% | 2.4% | 5.4% | 3.9% | 2.7% | 3.9% | 5.9% | 5.0% | 9.3% | 10.9% | 3.4% | 9.2% | 19.4% | 17.1% | 16.9% |
| ROCE | 8.9% | 9.1% | 6.6% | 8.2% | 8.3% | 7.1% | 5.6% | 6.7% | 3.3% | 9.3% | 7.5% | 4.6% | 5.7% | 9.5% | 8.2% | 9.5% |