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Adani Enterprises

  • 135.00 INR
  • -6.65
  • -4.69%
  • India
    Apr 19, 2018
  • Ticker
    BOM(512599)
  • Prev. close
    141.65
  • Market cap (INR)
    155,788.09M
  • Market cap (USD)
    2,369.49M
  • Shares
    1,099.81M

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

Adani Enterprises Ltd. engages in the business of coal trading and mining, renewable energy generation, agri-storage infrastructure and services as well as edible oil and gas distribution. 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.

Financial Highlights

Mar 2017 INRUSD
Revenue372,352.30M5,552.76M
Gross Profit28,665.80M427.48M
Operating income18,100.20M269.92M
Income before tax9,046M134.90M
Net income9,877.40M147.29M
EBITDA24,500.20M365.36M
Diluted EPS8.980.13
Dividends Per Share0.400.00
Total Assets476,894.10M7,344.17M
Total liabilities329,088.70M5,067.97M
Total equity141,359.70M2,176.94M
Operating cash flow-1,142.80M-17.04M
Currency in INRCurrency in USD

Historical Data

 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 462,815.30M 547,401.70M 642,814M 339,294M 372,352.30M
Gross Profit 68,565.40M 92,869M 124,226.60M 29,244.50M 28,665.80M
Operating income 39,897.90M 66,245.10M 92,603.30M 15,849.10M 18,100.20M
Income before tax 20,045.90M 16,135.70M 26,633.20M 10,557.80M 9,046M
Net income 16,129.80M 22,207.70M 19,480.50M 10,107.20M 9,877.40M
EBITDA 62,876.50M 98,475.80M 127,821.90M 18,993.60M 24,500.20M
Diluted EPS 14.67 20.19 17.71 9.19 8.98
Dividends Per Share 1.40 1.40 1.40 0.40 0.40
Total Assets 1,122.58B 1,182.53B 1,308.58B 417,560.90M 476,894.10M
Total liabilities 875,659.10M 900,159M 1,010.28B 282,814.40M 329,088.70M
Total equity 214,393.10M 237,378.60M 257,084.80M 133,776.10M 141,359.70M
Operating cash flow 48,449.60M 35,941.40M 13,895.40M 45,499.40M -1,142.80M
 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 8,503.65M 9,057.80M 10,513.21M 5,182.36M 5,552.76M
Gross Profit 1,259.80M 1,536.69M 2,031.72M 446.67M 427.48M
Operating income 733.07M 1,096.15M 1,514.52M 242.07M 269.92M
Income before tax 368.31M 266.99M 435.58M 161.25M 134.90M
Net income 296.36M 367.46M 318.60M 154.37M 147.29M
EBITDA 1,155.27M 1,629.47M 2,090.52M 290.10M 365.36M
Diluted EPS 0.26 0.33 0.28 0.14 0.13
Dividends Per Share 0.02 0.02 0.02 0.00 0.00
Total Assets 20,654.74M 19,800.53M 20,910.18M 6,305.42M 7,344.17M
Total liabilities 16,111.48M 15,072.36M 16,143.63M 4,270.66M 5,067.97M
Total equity 3,944.67M 3,974.69M 4,108.01M 2,020.10M 2,176.94M
Operating cash flow 890.20M 594.71M 227.25M 694.95M -17.04M

Valuation Measures

Mar 2017
PER12.05
ROA2.20%
ROE7.18%
Operating margin4.86%
Profit margin2.65%

Key executives

  • Executive Director & Managing Director: Rajesh Shantilal Adani
  • Chief Financial Officer & Director: Rajiv Nayar
  • Secretary, SVP-Legal & Compliance Officer: Jatin R. Jalundhwala
  • Director, Chief Executive Officer-Mining & Coal: 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) (4.9%)
  • Emerging India Fund Management Ltd. (3.1%)
  • HSZ (Hong Kong) Ltd. (2.9%)
  • Afro Asia Trade & Investments Ltd. (2.7%)
  • Universal Trade & Investments Ltd. (2.7%)
  • Worldwide Emerging Market Holding Ltd. (2.7%)
  • M.M. Warburg Bank (Schweiz) AG (2.6%)
  • The Vanguard Group, Inc. (0.8%)

Contact Details

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

Related Companies

  • Adani Global Limited
  • Prayatna Developers Pvt Ltd.
  • Mundra Solar PV Ltd.
  • Adani Township & Real Estate Co. Pvt Ltd.
  • Parsa Kente Collieries Ltd.
  • Dhamra LNG Terminal Pvt Ltd.
  • Awel Global Ltd.
  • Adani Green Energy Ltd.
  • Chemoil Adani Pvt Ltd.
  • Adani Gas Holdings Ltd.
  • Adani Infra (India) Ltd.
  • Advance Tradex Pvt Ltd.
  • Adani Gas Ltd.
  • Adani Welspun Exploration Ltd.
  • Gujarat State Export Corp

Competitors

    Last Updated on 19 Apr, 2018

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