Asia300

Adani Enterprises Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jun 22, 2017
Prev close: 130.95
Jun 22, 2017
Market cap:
Market cap(USD):
144,020.12M
2,231.01M
Shares: 1,099.81M

Currency in INR

Company profile

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

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 2017

  • Local currency
  • US Dollar
Revenue 373,137M
Gross profit 49,446M
Operating income 17,985M
Income before tax 9,046M
Net income 9,877.4M
EBITDA 24,385M
Diluted EPS 8.41
Dividends per share --
Total assets 476,894.1M
Total liabilities 329,911.9M
Total equity 141,359.7M
Operating cash flow --

Currency in INR

Revenue 5,564.46M
Gross profit 737.37M
Operating income 268.20M
Income before tax 134.90M
Net income 147.29M
EBITDA 363.64M
Diluted EPS 0.12
Dividends per share --
Total assets 7,344.17M
Total liabilities 5,080.64M
Total equity 2,176.94M
Operating cash flow --

Currency in USD

Valuation measures

Mar 2017

PER 12.87
ROA 2.12%
ROE 7.17%
Operating margin 4.81%
Profit margin 2.64%

Key executive

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

Share holders

  • ADANI SB FAMILY(56.4%)
  • Parsa Kente Rail Infra Pvt Ltd.(9.0%)
  • HSZ (Hong Kong) Ltd.(4.8%)
  • Elara Capital Plc (Investment Management)(2.9%)
  • Emerging India Fund Management Ltd.(2.8%)
  • Afro Asia Trade & Investments Ltd.(2.7%)
  • Universal Trade & Investments Ltd.(2.7%)
  • Worldwide Emerging Market Holding Ltd.(2.7%)
  • Life Insurance Corp. of India(2.5%)
  • M.M. Warburg Bank (Schweiz) AG(1.6%)

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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