Adani Ports & Special Economic Zone Ltd
About
Adani Ports and Special Economic Zone Limited (APSEZ) is India’s largest commercial port operator and a key part of the Adani Group, founded in 1988 by Gautam Adani. The company was founded on May 26, 1998. APSEZ is headquartered in Ahmedabad, Gujarat, and is led by Managing Director Karan Adani.APSEZ accounts for nearly one-fourth of India’s cargo movement, with a presence across 13 domestic ports in seven maritime states, including Gujarat, Maharashtra, Tamil Nadu, and Odisha. It offers extensive hinterland connectivity and operates logistics parks in Haryana, Punjab, and Rajasthan through its subsidiary, Adani Logistics Ltd. The company also manages the Mundra Economic Hub, spanning over 8,000 hectares, featuring India’s largest multi-product Special Economic Zone (SEZ), Free Trade and Warehousing Zone (FTWZ), and Domestic Industrial Zone. APSEZ handles over 5,400 vessels annually.
Featured In Fortune India Ranking
Financial Data 2024
Fortune India Coverage
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 28210 25.6% | 22452 16.0% | 19360 33.3% | 14520 4.7% | 13872 12.9% | 12288 -0.4% | 12334 30.1% | 9479 20.9% | 7841 14.7% | 6838 24.0% | 5514 43.6% | 3841 39.7% | 2749 30.3% | 2110 24.9% | 1689 25.9% | 1342 - |
| Net Operating Income (INR Cr) | 26711 28.10% | 20852 21.81% | 17119 36.41% | 12550 5.70% | 11873 8.67% | 10925 -3.51% | 11323 34.17% | 8439 18.72% | 7109 15.55% | 6152 27.38% | 4830 35.03% | 3577 32.60% | 2697 34.86% | 2000 33.74% | 1496 25.16% | 1195 46.25% |
| Profit (INR Cr) | 8111 52.8% | 5309 8.7% | 4886 -2.2% | 4994 32.7% | 3763 -5.7% | 3990 8.6% | 3674 -6.1% | 3912 35.0% | 2897 25.2% | 2314 33.0% | 1740 7.2% | 1623 47.3% | 1102 20.0% | 918 35.8% | 676 56.3% | 433 - |
| Assets (INR Cr) | 106973 4.0% | 102872 12.6% | 91399 32.3% | 69062 18.8% | 58115 8.4% | 53622 19.7% | 44799 9.2% | 41034 10.9% | 37010 24.7% | 29678 29.1% | 22990 21.9% | 18854 -19.0% | 23270 172.7% | 8534 16.9% | 7303 25.1% | 5836 - |
| Net Worth (INR Cr) | 52778 16.3% | 45389 8.5% | 41822 37.4% | 30442 19.6% | 25457 4.5% | 24372 16.6% | 20903 19.3% | 17526 29.8% | 13505 25.5% | 10765 22.8% | 8765 37.1% | 6393 32.9% | 4812 14.9% | 4187 21.3% | 3451 17.9% | 2928 11.4% |
| Employee Cost (INR Cr) | 1896 61.0% | 1178 51.2% | 779 26.7% | 615 12.5% | 547 3.2% | 530 18.4% | 447 16.8% | 383 38.9% | 276 16.3% | 237 46.8% | 162 23.6% | 131 19.1% | 110 37.6% | 80 34.0% | 60 47.4% | 40 - |
| Interest Cost (INR Cr) | 2733 | 2363 | 2544 | 2255 | 1951 | 1385 | 1579 | 1116 | 1124 | 1175 | 977 | 542 | 281 | 167 | 218 | 248 |
| Cash & Bank Balance (INR Cr) | 7632 | 4334 | 10667 | 4701 | 7314 | 5967 | 2968 | 1977 | 1278 | 634 | 514 | 831 | 1118 | 228 | 1000 | 1295 |
| Total Debt (INR Cr) | 49167 | 53142 | 47653 | 35583 | 29979 | 27446 | 22112 | 22214 | 22342 | 17773 | 12976 | 11617 | 17565 | 3592 | 3767 | 2896 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 28.8% | 23.6% | 25.2% | 34.4% | 27.1% | 32.5% | 29.8% | 41.3% | 37.0% | 33.9% | 31.6% | 42.3% | 40.1% | 43.5% | 40.0% | 32.2% |
| Profit As % Of Assets | 7.6% | 5.2% | 5.4% | 7.2% | 6.5% | 7.4% | 8.2% | 9.5% | 7.8% | 7.8% | 7.6% | 8.6% | 4.7% | 10.8% | 9.3% | 7.4% |
| Profit As % Of Networth | 15.4% | 11.7% | 11.7% | 16.4% | 14.8% | 16.4% | 17.6% | 22.3% | 21.5% | 21.5% | 19.9% | 25.4% | 22.9% | 21.9% | 19.6% | 14.8% |
| Interest Cost to EBITDA % | 18.5% | 24.4% | 27.9% | 26.0% | 33.2% | 21.2% | 22.6% | 20.6% | 24.6% | 30.1% | 33.5% | 22.0% | 16.3% | 12.9% | 23.1% | 33.8% |
| Debt to Equity Ratio | 0.93 | 1.17 | 1.14 | 1.17 | 1.18 | 1.13 | 1.06 | 1.27 | 1.65 | 1.65 | 1.48 | 1.82 | 3.65 | 0.86 | 1.09 | 0.99 |
| RONW | 16.5% | 14.7% | 13.7% | 18.1% | 15.2% | 17.9% | 19.2% | 25.1% | 23.4% | 23.8% | 22.8% | 28.5% | 23.7% | 23.4% | 20.8% | 15.5% |
| ROCE | 12.0% | 9.4% | 10.4% | 13.6% | 11.1% | 13.3% | 15.9% | 13.6% | 12.8% | 14.0% | 14.2% | 10.9% | 9.2% | 14.8% | 14.5% | 13.9% |