Adani Enterprises
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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.
Business Summary
Financial Highlights
Mar 2019 | INR | USD |
Revenue | 403,213.80M | 5,764.91M |
Gross Profit | 32,819.30M | 469.23M |
Operating income | 19,848.30M | 283.77M |
Income before tax | 3,679.40M | 52.60M |
Net income | 6,263.60M | 89.55M |
EBITDA | 23,746M | 339.50M |
Diluted EPS | 6.52 | 0.09 |
Dividends Per Share | 0.40 | 0.00 |
Total Assets | 424,075.50M | 6,121.62M |
Total liabilities | 267,422.80M | 3,860.30M |
Total equity | 147,559.40M | 2,130.05M |
Operating cash flow | 21,999M | 314.52M |
Currency in INR | Currency in USD |
Historical Data
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
Revenue | 642,814M | 339,294M | 365,271M | 358,234.40M | 403,213.80M |
Gross Profit | 124,226.60M | 29,244.50M | 27,386.50M | 23,226.60M | 32,819.30M |
Operating income | 92,603.30M | 15,849.10M | 17,127.40M | 13,774.10M | 19,848.30M |
Income before tax | 26,633.20M | 10,557.80M | 11,176.70M | 4,392.20M | 3,679.40M |
Net income | 19,480.50M | 10,107.20M | 10,265.40M | 7,096.40M | 6,263.60M |
EBITDA | 127,821.90M | 18,993.60M | 20,282M | 20,413.30M | 23,746M |
Diluted EPS | 17.71 | 9.19 | 8.98 | 6.88 | 6.52 |
Dividends Per Share | 1.40 | 0.40 | 0.40 | 0.40 | 0.40 |
Total Assets | 1,308.58B | 417,560.90M | 476,894M | 564,947.10M | 424,075.50M |
Total liabilities | 1,010.28B | 282,814.40M | 329,088.60M | 402,107.30M | 267,422.80M |
Total equity | 257,084.80M | 133,776.10M | 141,359.70M | 150,891.70M | 147,559.40M |
Operating cash flow | 13,895.40M | 45,499.40M | -1,517.10M | 17,677.80M | 21,999M |
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
Revenue | 10,513.21M | 5,182.36M | 5,447.16M | 5,556.94M | 5,764.91M |
Gross Profit | 2,031.72M | 446.67M | 408.40M | 360.29M | 469.23M |
Operating income | 1,514.52M | 242.07M | 255.41M | 213.66M | 283.77M |
Income before tax | 435.58M | 161.25M | 166.67M | 68.13M | 52.60M |
Net income | 318.60M | 154.37M | 153.08M | 110.07M | 89.55M |
EBITDA | 2,090.52M | 290.10M | 302.45M | 316.65M | 339.50M |
Diluted EPS | 0.28 | 0.14 | 0.13 | 0.10 | 0.09 |
Dividends Per Share | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Assets | 20,910.18M | 6,305.42M | 7,344.17M | 8,661.95M | 6,121.62M |
Total liabilities | 16,143.63M | 4,270.66M | 5,067.96M | 6,165.23M | 3,860.30M |
Total equity | 4,108.01M | 2,020.10M | 2,176.94M | 2,313.52M | 2,130.05M |
Operating cash flow | 227.25M | 694.95M | -22.62M | 274.21M | 314.52M |
Valuation Measures
Mar 2019 | |
PER | 22.59 |
ROA | 1.26% |
ROE | 4.19% |
Operating margin | 4.92% |
Profit margin | 1.55% |
Key executives
- Executive Director & Managing Director: Rajesh Shantilal Adani
- Chief Financial Officer: Jugeshinder Singh
- Secretary & Joint President-Legal: Jatin R. Jalundhwala
- Executive Director: Vinay Prakash
- Head-Human Resources: Vikas Joshi
Shareholders
- ADANI SB FAMILY (56.4%)
- Parsa Kente Rail Infra Pvt Ltd. (9.0%)
- Elara Capital Plc (Investment Management) (6.1%)
- HSZ (Hong Kong) Ltd. (4.3%)
- M.M. Warburg Bank (Schweiz) AG (4.0%)
- Afro Asia Trade & Investments Ltd. (2.7%)
- Universal Trade & Investments Ltd. (2.7%)
- Worldwide Emerging Market Holding Ltd. (2.7%)
- The Vanguard Group, Inc. (0.8%)
- ADANI GAUTAMBHAI SHANTILAL FAMILY (0.8%)
Contact Details
- Website:http://www.adanienterprises.com
- Address: Adani House, Near Mithakhali Circle Six Roads, Ahmedabad, 380009, India
- Phone: +91.79.26565555
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Competitors
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Last Updated on 5 Dec, 2019