ADANI ENTERPRISESNSE: ADANIENTBSE: 512599Metals & Mining · Trading - Minerals

₹2,607.90128.10 (5.17%)

Mkt Cap: ₹3.53 L Cr.
P/E (TTM): 59.36
Open: ₹2,489.00
Day's Range: ₹2,473.10 – ₹2,628.60
52W Range: ₹1,753.00 – ₹3,245.00
Div Yield: 0.05%
EPS (TTM): ₹61.79
Book Value: ₹626.03

ADANI ENTERPRISES Financial Statements

Name: ADANI ENTERPRISES Financials — historical data
Creator: StockeZee

For May 2026, ADANI ENTERPRISES reported revenue of ₹1,00,469 crore and net profit of ₹9,339 crore. Return on equity stands at 18.12%. Profit & loss, balance sheet and cash flow across 18 reported years are below.

Updated 30 Oct 2026Source: NSE & BSE company filingsNifty 50 constituent

Latest year revenue: ₹1,00,469 Cr
EBITDA: ₹13,989 Cr
Operating margin: 13.92%
Profit after tax: ₹9,339 Cr
Net margin: 9.3%
EPS: ₹72.25
Latest year: May 2026
Years reported: 18

ADANI ENTERPRISES revenue and profit trend

The quickest view of reported annual business performance. Revenue and profit use separate scales.

ADANI ENTERPRISES profit & loss

Reported annual performance for ADANI ENTERPRISES, oldest to newest. Figures in ₹ crore unless a row states otherwise.

ADANI ENTERPRISES annual profit and loss statement. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2022	May 2022	Mar 2023	May 2023	Mar 2024	May 2024	Mar 2025	Jun 2025	Mar 2026	May 2026
Revenue from Operations	69,420	69,420	1,36,978	1,36,978	96,421	96,421	97,895	97,895	1,00,469	1,00,469
Sales Growth YoY %	75.58%	75.58%	97.32%	97.32%	-29.61%	-29.61%	1.53%	—	2.63%	—
Other Income	1,013	1,013	1,197	1,197	1,861	1,861	2,470	2,470	2,475	2,475
Total Income	70,433	70,433	1,38,175	1,38,175	98,282	98,282	1,00,365	1,00,365	1,02,943	1,02,943
Cost of Goods Sold (COGS)	53,718	53,718	1,02,913	1,02,913	50,391	50,391	51,369	51,369	54,109	54,109
Cost of Materials Consumed	2,503	2,503	4,052	4,052	7,831	7,831	9,711	9,711	27,778	27,778
Purchases of Stock-in-Trade	55,149	55,149	99,188	99,188	43,676	43,676	39,814	39,814	29,155	29,155
Changes in Inventories	-3,934	-3,934	-327	-327	-1,116	-1,116	1,845	1,845	-2,825	-2,825
Gross Profit	15,703	15,703	34,065	34,065	46,030	46,030	46,525	46,525	46,360	46,360
Gross Margin %	22.62%	22.62%	24.87%	24.87%	47.74%	47.74%	47.53%	47.53%	46.14%	46.14%
Total Operating Expenses	11,989	11,989	25,237	25,237	34,653	34,653	32,273	32,273	32,371	32,371
Employee Benefit Expense	1,181	1,181	1,877	1,877	2,331	2,331	3,119	3,119	3,658	3,658
Other Expenses	10,809	10,809	23,360	23,360	32,322	32,322	29,155	29,155	28,713	28,713
EBITDA	3,713	3,713	8,828	8,828	11,377	11,377	14,252	14,252	13,989	13,989
OPM %	5.35%	5.35%	6.44%	6.44%	11.8%	11.8%	14.56%	14.56%	13.92%	13.92%
Total Non-Operating Expenses	3,774	3,774	6,037	6,037	6,881	6,881	14,135	14,135	21,370	21,370
Depreciation & Amortisation	1,248	1,248	2,436	2,436	3,042	3,042	4,211	4,211	6,135	6,135
Finance Costs	2,526	2,526	3,970	3,970	4,555	4,555	5,978	5,978	6,019	6,019
Exceptional Items (Before Tax)	0	0	-369	-369	-715	-715	3,946	3,946	9,215	9,215
Profit Before Tax (PBT)	952	952	3,250	3,250	4,925	4,925	10,479	10,479	13,525	13,525
Tax Expense	477	477	1,041	1,041	1,632	1,632	2,969	2,969	3,831	3,831
Current Tax	391	391	770	770	1,606	1,606	2,776	2,776	3,884	3,884
Deferred Tax	85	85	271	271	25	25	192	192	-53	-53
Effective Tax %	50.07%	50.07%	32.03%	32.03%	33.13%	33.13%	28.33%	28.33%	28.33%	28.33%
Profit/Loss from Discontinued Operations	0	0	0	0	1	1	-13	-13	0	0
Total Profit for Period	788	788	2,422	2,422	3,335	3,335	8,005	8,005	9,951	9,951
Less: Non-controlling Interests	11	11	-51	-51	94	94	906	906	611	611
Net Profit (Owner's PAT)	777	777	2,473	2,473	3,241	3,241	7,099	7,099	9,339	9,339
Net Profit Margin %	1.12%	1.12%	1.81%	1.81%	3.36%	3.36%	7.25%	7.25%	9.3%	9.3%
PAT Growth YoY %	-15.84%	-15.84%	218.45%	218.45%	31.05%	31.05%	119.05%	—	31.56%	—
Earnings Per Share (EPS)	₹6.3	₹6.3	₹19.37	₹19.37	₹25.38	₹25.38	₹54.92	₹54.92	₹72.25	₹72.25
Diluted Shares Outstanding (Cr.)	123	123	128	128	128	128	129	129	129	129
Profit/Loss from Associates	312	312	213	213	0	0	508	508	257	257
Other Comprehensive Income (Net of Tax)	446	446	1,369	1,369	339	339	633	633	826	826
Expenses	69,481	69,481	1,34,925	1,34,925	93,357	93,357	89,886	89,886	89,419	89,419
Material Cost %	3.61%	3.61%	2.96%	2.96%	8.12%	8.12%	9.92%	9.92%	27.65%	27.65%
Employee Cost %	1.7%	1.7%	1.37%	1.37%	2.42%	2.42%	3.19%	3.19%	3.64%	3.64%
Other Cost %	15.57%	15.57%	17.05%	17.05%	33.52%	33.52%	29.78%	29.78%	28.58%	28.58%
Interest Coverage (x)	0.98	0.98	1.61	1.61	1.83	1.83	1.68	1.68	1.3	1.3

Showing the most recent 10 of 18 reported periods.

ADANI ENTERPRISES balance sheet

Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.

ADANI ENTERPRISES annual balance sheet with assets, liabilities and equity. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Equity	15,144	18,210	18,910	26,928	37,890	44,186	56,470	89,178
Equity Share Capital	110	110	110	110	114	114	115	129
Reserves & Surplus	14,646	16,837	17,049	22,147	32,937	38,962	50,199	80,797
Equity Method Investments	—	—	—	—	—	7,075	7,397	6,706
Total Equity	15,144	18,210	18,910	26,928	37,890	44,186	56,470	89,178
Non-Current Liabilities	4,883	5,400	11,250	30,982	58,795	71,894	94,282	1,13,510
Long-term Borrowings	2,992	3,516	9,523	20,803	32,590	43,718	64,601	94,178
Deferred Tax Liabilities	—	23	26	2,606	2,980	2,934	3,362	3,861
Non-Current Provisions	50	63	77	279	401	446	489	727
Other Non-Current Liabilities	607	578	270	3,391	4,763	5,861	6,459	8,837
Non-Current Financial Liabilities	4,227	4,735	10,877	24,706	50,651	62,652	83,972	1,00,085
Current Liabilities	22,381	23,289	21,483	43,850	44,803	44,058	47,383	58,912
Short-term Borrowings	6,959	8,137	5,770	20,220	5,730	6,406	11,635	19,524
Trade Payables	11,989	11,814	11,756	17,648	28,547	24,669	20,868	20,290
Current Financial Liabilities	20,768	21,319	19,904	41,208	39,847	37,905	42,632	53,465
Other Current Financial Liabilities	1,820	1,369	2,377	3,340	5,571	6,830	10,129	13,651
Other Current Liabilities	1,522	1,908	1,490	2,379	4,733	5,847	4,336	4,879
Current Provisions	53	61	65	96	121	153	220	287
Liabilities Held for Sale	—	—	—	—	—	594	—	—
Current Tax Liabilities	38	—	24	168	101	153	195	281
Total Liabilities	27,264	28,688	32,733	74,832	1,03,598	1,16,546	1,41,665	1,72,422
Total Non-Current Assets	19,408	22,715	31,680	70,815	1,04,366	1,23,872	1,57,391	2,00,627
Property, Plant & Equipment (PPE)	5,746	6,447	5,647	19,599	34,988	58,699	67,155	98,374
Capital Work-in-Progress	5,765	7,231	8,686	19,564	17,699	21,931	31,857	28,815
Intangible Assets	3,198	3,859	5,007	10,176	20,938	5,999	8,796	15,617
Investment Property	22	32	31	47	68	241	223	284
Non-Current Investments	1,509	1,898	5,473	4,229	6,145	171	234	216
Loans – Non-Current	1,376	946	3,199	6,237	4,577	2,300	3,903	5,553
Other Non-Current Assets	282	828	1,030	3,535	6,838	5,350	7,969	9,979
Non-Current Financial Assets	3,751	3,792	10,910	13,439	16,413	9,349	12,957	16,283
Net Fixed Assets	14,709	17,537	19,341	49,339	73,625	86,628	1,07,808	1,42,806
Total Current Assets	22,999	24,183	19,963	30,945	37,022	36,526	40,726	60,959
Inventories	2,669	2,562	1,757	6,788	6,918	9,487	10,287	18,713
Trade Receivables	14,178	13,147	11,983	13,712	12,553	9,793	9,616	12,543
Cash & Cash Equivalents	974	2,125	666	912	1,882	2,307	3,106	6,267
Current Investments	3	55	30	63	165	1,454	2,256	2,507
Loans – Current	2,239	1,960	1,413	1,453	4,523	1,383	1,416	1,637
Current Financial Assets	19,022	20,002	16,619	20,895	30,104	22,011	23,853	33,745
Other Current Assets	1,309	—	—	3,262	—	5,028	6,586	8,501
Other Current Financial Assets	892	1,464	1,382	1,751	7,489	2,313	3,602	5,249
Assets Held for Sale	—	—	—	—	100	334	19	15
Current Tax Assets	—	1,619	1,588	—	—	—	—	—
Net Working Capital	619	894	-1,520	-12,904	-7,781	-7,532	-6,657	2,046
Additional Asset Fields	978	1,536	1,828	4,846	5,048	6,051	6,449	8,984
Def Tax Assets	590	273	77	174	209	940	293	732
Non Controlling Int	388	1,263	1,751	4,672	4,839	5,110	6,156	8,252
Total Assets	42,408	46,898	51,643	1,01,760	1,41,488	1,60,732	1,98,136	2,61,600
Total Borrowings	9,951	11,653	15,293	41,024	38,320	50,124	76,236	1,13,702
Net Debt	8,977	9,528	14,627	40,112	36,437	47,817	73,131	1,07,435
Debt to Equity (x)	0.66	0.64	0.81	1.52	1.01	1.13	1.35	1.27
Current Ratio (x)	1.03	1.04	0.93	0.71	0.83	0.83	0.86	1.03

ADANI ENTERPRISES cash flow statement

Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.

ADANI ENTERPRISES annual cash flow statement across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Net Cash from Operating Activities	1,385	17,626	10,311	4,530	2,357
Profit Before Tax	952	3,250	4,925	10,479	13,525
Depreciation & Amortisation	1,248	2,436	3,042	4,211	6,135
Finance Costs	2,526	3,970	4,555	5,978	6,019
Working Capital Changes	-2,532	9,345	-29	-8,837	-10,079
Tax Paid	-205	-910	-1,708	-2,095	-2,712
Net Cash from Investing Activities	-17,487	-16,860	-19,082	-26,259	-28,438
Purchase of PPE	-11,647	-14,725	-22,366	-29,171	-33,369
Sale of Fixed Assets	2	70	120	364	19
Interest Received	821	608	1,127	1,184	1,042
Net Cash from Financing Activities	15,901	-1,198	8,879	21,947	28,484
Proceeds from Borrowings	18,862	30,339	25,146	34,819	40,870
Repayment of Borrowings	-270	-35,047	-10,717	-9,910	-30,999
Interest Paid	-2,601	-3,342	-4,055	-5,599	-5,102
Dividend Paid	-110	-114	-137	-148	-150
Buyback / Redemption of Shares	0	0	0	0	0
Lease Liabilities Paid	-107	-746	-1,495	-1,435	-1,713
Net Change in Cash	246	970	471	768	3,161
Effect of Foreign Exchange Changes	447	1,401	364	549	758
Free Cash Flow	-10,262	2,902	-12,055	-24,641	-31,012
CFO / PBT (x)	1.46	5.42	2.09	0.43	0.17

ADANI ENTERPRISES key ratios

Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.

ADANI ENTERPRISES trades at a P/E of 59.36× against a sector median of 14.93× — a 298% premium. Sector comparisons can mislead for conglomerates with mixed business lines.

ADANI ENTERPRISES valuation, profitability, return and leverage ratios
Ratio	Category	Value
P/E (TTM)	Valuation	59.36
Forward P/E	Valuation	53.54
P/B	Valuation	3.44
PEG (TTM)	Valuation	0.81
EV / EBITDA (TTM)	Valuation	37.33
P/S (TTM)	Valuation	3.01
Operating margin	Profitability	60.32%
Net margin (TTM)	Profitability	9.3%
Return on equity	Return ratios	18.12%
Return on capital employed	Return ratios	18.31%
Return on assets	Return ratios	2.18%
Debt to equity	Leverage & liquidity	0.17
Beta	Leverage & liquidity	1.71
EPS (TTM)	Per share	₹61.79
Book value	Per share	₹626.03
Revenue / share (TTM)	Per share	₹823.5
Cash flow / share	Per share	₹18.11
Dividend yield	Shareholder returns	0.05%
Dividend payout (TTM)	Shareholder returns	3.3%

How this is calculated

Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.

Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.

ADANI ENTERPRISES: frequently asked questions

What is ADANI ENTERPRISES's annual revenue?

ADANI ENTERPRISES reported revenue of ₹1,00,469 crore in May 2026, up 0.0% on the previous financial year.

Is ADANI ENTERPRISES profitable?

ADANI ENTERPRISES reported a net profit of ₹9,339 crore in May 2026, up 0.0% on the previous financial year.

What is ADANI ENTERPRISES's EPS?

ADANI ENTERPRISES reported earnings per share of ₹72.25 for May 2026.

What is ADANI ENTERPRISES's operating margin?

ADANI ENTERPRISES's operating margin for May 2026 was 13.92%.

What is ADANI ENTERPRISES's return on equity?

ADANI ENTERPRISES's return on equity stands at 18.12%. ROE measures profit generated per rupee of shareholder equity.

How many years of ADANI ENTERPRISES financials are shown?

18 reported financial years are tabulated on this page, the most recent being May 2026.

Are these figures consolidated or standalone?

Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.

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Disclaimer

The data, ratios and commentary about ADANI ENTERPRISES (ADANIENT) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.