Asia300

Adani Enterprises Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 104.55
Mar 23, 2017
Market cap:
Market cap(USD):
114,985.14M
1,754.29M
Shares: 1,099.81M

Currency in INR

Company profile

Market(Ticker): BOM(512599)
Sector:
Industry:
Distribution Services
Wholesale Distributors
Full time employees: 1,685

Business summary

Adani Enterprises Ltd. engages in an integrated business activities. It operates through the following segments: Trading, Power, Port, Agro, Mining, City Gas Distribution, Renewable Energy, and Others. The Trading segment refers to the wholesale of coal. The Power segment refers to the generation and transmission of energy. The Port segment provides multi-modal logistics services. The Agro segment is refers to storage and transportation services of grains and other agricultural products. The Mining segment refers to the mining of coal and other related activities. The City Gas Distribution segment refers to the sale and distribution of gas. The Renewable Energy segment is the operation of thermal power stations and solar installation. The company was founded by Gautam Shantilal Adani in 1988 and is headquartered in Ahmedabad, India.

Company background

Adani Enterprises, founded in 1988, is the flagship company of emerging Indian conglomerate Adani group. The group was built by Gautam Adani from India's western state of Gujarat. Today, the group is the country's top importer of coal and a leader in port development and electric power generation. Adani Enterprises presides over the group.

The group started out as an importer, growing sharply through its involvement with the development and management of Mundra port in Gujarat during the 1990s. Through running the port on its own, the amount of coal the group handled increased markedly. In 2008, the group acquired an interest in a coal mine in Indonesia and then another in Australia in 2011. At present, the group is expanding its power generation business through Adani Power, a subsidiary of Adani Enterprises, aggressively purchasing power stations in India.

Gautam Adani, the resourceful architect of the group, serves as Adani Enterprises chairman. Together with his family, he holds a stake of around 70% in the company. As Narendra Modi, former chief minister of Gujarat for over 10 years, has become India's prime minister, the Adani group is expected to grow further.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 439,207.6M
Gross profit 37,499.7M
Operating income 17,405.9M
Income before tax 11,770.6M
Net income 10,411.2M
EBITDA 21,175.3M
Diluted EPS 9.47
Dividends per share 0
Total assets 452,000.9M
Total liabilities 316,991.7M
Total equity 134,017.3M
Operating cash flow 39,539.6M

Currency in INR

Revenue 6,708.44M
Gross profit 572.76M
Operating income 265.85M
Income before tax 179.78M
Net income 159.02M
EBITDA 323.43M
Diluted EPS 0.14
Dividends per share 0
Total assets 6,825.48M
Total liabilities 4,786.76M
Total equity 2,023.74M
Operating cash flow 603.92M

Currency in USD

Valuation measures

Mar 2016

PER 7.77
ROA 1.18%
ROE 5.32%
Operating margin 3.96%
Profit margin 2.37%

Key executive

  • Executive Director & Managing Director: Rajesh Shantilal Adani
  • Chief Financial Officer & Executive Director: Ameet Hiranyakumar Desai
  • Secretary & Compliance Officer: Jatin R. Jalundhwala
  • CEO-Mining & Trading: Vinay Prakash
  • Senior Manager: Hiren Padhya

Share holders

  • ADANI SB FAMILY(56.4%)
  • Adani Properties Pvt Ltd.(9.0%)
  • ADANI VINOD S(8.2%)
  • HSZ (Hong Kong) Ltd.(4.8%)
  • Elara Capital Plc (Investment Management)(2.9%)
  • Emerging India Fund Management Ltd.(2.8%)
  • Life Insurance Corp. of India(2.5%)
  • M.M. Warburg Bank (Schweiz) AG(1.6%)
  • The Vanguard Group, Inc.(0.8%)
  • Dimensional Fund Advisors LP(0.8%)

Address

  • Website: http://www.adani.com
  • Address: Adani House, Near Mithakhali Circle Six Roads, Ahmedabad, 380009, India
  • Phone: +91.79.25557400

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