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

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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

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	INR	USD
Revenue	372,352.30M	5,552.76M
Gross Profit	28,665.80M	427.48M
Operating income	18,100.20M	269.92M
Income before tax	9,046M	134.90M
Net income	9,877.40M	147.29M
EBITDA	24,500.20M	365.36M
Diluted EPS	8.98	0.13
Dividends Per Share	0.40	0.00
Total Assets	476,894.10M	7,344.17M
Total liabilities	329,088.70M	5,067.97M
Total equity	141,359.70M	2,176.94M
Operating cash flow	-1,142.80M	-17.04M
	Currency in INR	Currency in USD

Historical Data

INR | USD

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 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 2013	Mar 2014	Mar 2015	Mar 2016	Mar 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
PER	12.05
ROA	2.20%
ROE	7.18%
Operating margin	4.86%
Profit margin	2.65%

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

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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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Adani Enterprises

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