āagman

Not investment advice. Data and computed figures, for information only.

Adani Enterprises Ltd

NSE: ADANIENTF&O
₹2,700.00
−₹22.60 (−0.83%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹3,56,548 Cr
CMP
₹2,700.00
52-wk High / Low
₹3,245 / 1,753
P/E
150.0
P/B
4.2
Book Value
₹627.0
Div Yield
0.05%
ROCE
6.0%
ROE
−3.4%
Face Value
₹1
D/E
1.32

Price+5.8% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
2
/ 9
2 of 9 F-score tests passed
Graham Number
₹1,010
√(22.5 × EPS × book value per share)
ROIC
3.1%
vs 10.6% sector median
Cash flow to profit
0.24
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+17
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
−3.1%
ROE × earnings retention ratio
ROE stability
4.2
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −2.70FII −0.29DII +4.05
Latest quarter vs the previous one
Cash-accrual divergence
3.3%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.0x)
+Promoter holding rose by 2.7pp over the last year
Watch-outs
−Latest ROCE of 6% trails the sector median of 16%
−Borrowings are up 456.2% since FY2016 (19169 to 106622)
−Piotroski F-Score of 2/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales22,64419,54625,05029,18025,47222,60822,84826,96621,96121,24924,82032,43932,924
Expenses20,11917,11621,82425,98521,76718,84219,77823,25618,65117,94221,17828,70927,905
Operating Profit2,5252,4303,2263,1953,7063,7663,0703,7103,3103,3073,6423,7315,019
OPM %11.2%12.4%12.9%10.9%14.5%16.7%13.4%13.8%15.1%15.6%14.7%11.5%15.2%
Other Income370461491−1765915836484,5824754,1796,288748−2,022
Interest1,1031,3435971,5131,1309102,1411,7961,0351,7111,6261,6462,421
Depreciation7147577608119341,0351,0061,2361,2841,3771,3722,1031,926
Profit before tax1,0797912,3616962,2322,4035725,2591,4664,3986,932729−1,349
Net Profit6773331,9733521,7721,9892294,0159763,4145,727−167−1,462
EPS (₹)5.281.7814.793.5311.3913.640.4529.746.8524.7443.53−0.81−8.92

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales64,46534,00836,53335,92440,37943,40339,53769,4201,27,54096,42197,8951,00,4691,11,431
Expenses52,01532,32534,63133,88638,40941,10837,03165,7071,18,72285,04483,64386,47895,733
Operating Profit12,4501,6841,9022,0381,9692,2942,5063,7148,81811,37714,25213,99115,698
OPM %19.3%5.0%5.2%5.7%4.9%5.3%6.3%5.4%6.9%11.8%14.6%13.9%14.1%
Other Income7921,0447493635048724941,0128341,1466,40311,6889,193
Interest7,0561,3571,2571,2501,6251,5721,3772,5263,9694,5555,9786,0197,405
Depreciation3,5223143156643904725371,2482,4363,0424,2116,1356,777
Profit before tax2,6631,0561,0794874591,1221,0869523,2474,92610,46613,52510,709
Net Profit2,2981,0009255945061,0401,0467882,4223,3358,0059,9517,513
EPS (₹)15.818.218.026.155.829.247.496.3019.3025.3755.0272.3158.54

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital110110110110110110110110114114115129—
Reserves25,61813,26814,02614,97914,64616,83717,04922,14732,93738,96250,19980,797—
Borrowings83,57119,16920,84617,63711,24312,41916,22741,60453,20065,31091,4731,06,622—
Other Liabilities21,4209,13212,63023,67916,53717,50918,23137,72655,02756,20056,05673,321—
Total Liabilities1,30,71841,67947,61156,40542,53646,87551,6171,01,5861,41,2781,60,5861,97,8432,60,868—
Fixed Assets83,83410,47313,66810,5559,02010,47610,83830,12356,88165,97877,2601,15,174—
CWIP6,7337,7057,7315,5265,7657,3478,82523,54424,02535,18051,51651,753—
Investments7448051,0421,4611,5111,9525,5034,2926,3108,7019,8879,428—
Other Assets39,40722,69625,17038,86426,24027,09926,45143,62754,06250,72859,18084,513—
Total Assets1,30,71841,67947,61156,40542,53646,87551,6171,01,5861,41,2781,60,5861,97,8432,60,868—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity8,2288,5325,1127742,9423,2362,4544,0431,38517,62610,3124,5132,357
Cash from Investing Activity−8,007−11,465−1,825−1,460−7,6492,487−1,082−8,611−17,041−15,459−18,767−26,417−27,680
Cash from Financing Activity−1,1093,445−3,4487165,120−6,158−2213,10915,901−1,1988,87922,65528,484
Net Cash Flow−888512−16130413−4361,151−1,4592469704247513,161

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %7.09.03.07.06.07.09.08.07.09.010.09.06.0
ROE %————————————−3.4
EPS (₹)18.0315.818.218.026.155.829.247.496.3019.3025.3755.0272.31
Book Value (₹)————————————627.0
Face Value (₹)————————————1
P/E————————————150.0
Div Yield %————————————0.05
NPM %—3.52.92.51.61.22.32.61.11.93.47.78.9
OPM %17.019.05.05.06.04.95.06.05.07.012.015.014.0
D/E—3.251.431.471.170.760.730.951.871.611.671.821.32
P/B————————————4.2

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+11.0%
5 years+21.0%
3 years−8.0%
TTM+18.0%
Compounded profit growth
TTM−36.0%
Stock price CAGR
10 years+51.0%
5 years+12.0%
3 years+3.0%
Last year+7.0%
Return on equity
10 years4.0%
5 years4.0%
3 years2.0%
Last year−3.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.92%74.92%74.92%74.92%74.92%74.92%74.92%74.92%69.23%72.61%73.97%74.67%71.97%
FIIs18.13%20.72%18.13%20.72%19.31%20.37%20.51%16.62%17.75%14.41%11.71%10.80%10.51%
DIIs2.83%1.08%2.83%1.08%2.53%1.57%0.83%5.69%5.15%5.77%6.86%6.70%10.75%
Government—————————————
Public4.12%3.28%4.12%3.28%3.24%3.14%3.74%2.77%7.87%7.22%7.45%7.84%6.78%
No. of shareholders81,67673,18681,67673,18681,44480,1471,48,9232,26,0717,46,6055,37,3426,55,9466,64,8825,88,595
Change since Jun 2023 (pp)
Promoters −2.95FIIs −7.62DIIs +7.92Public +2.66

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAnnouncement under Regulation 30 (LODR)-Newspaper PublicationCompliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017)
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026PPTJul 2026RecordingApr 2026TranscriptApr 2026PPTApr 2026RecordingFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025RecordingJul 2025PPT

Corporate actions

As of 12 Jun 2026
12 Jun 2026DIVIDENDDividend - Rs 1.30 Per Share—
17 Nov 2025RIGHTSRights 3:25 @ Premium Rs 1799/-—
13 Jun 2025DIVIDENDDividend - Rs 1.30 Per Share—
14 Jun 2024DIVIDENDDividend - Rs 1.30 Per Share—
7 Jul 2023DIVIDENDDividend - Rs 1.20 Per Share—
14 Jul 2022DIVIDENDDividend - Re 1 Per Share—
1 Jul 2021DIVIDEND Dividend - Re 1 Per Share—
23 Mar 2020DIVIDEND Interim Dividend - Re 1 Per Share—
29 Jul 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.40 Per Share—
6 Sep 2018DEMERGER Scheme Of Arrangement—
27 Jul 2018DIVIDEND Annual General Meeting/Dividend Re 0.40 Per Share—
5 Apr 2018DEMERGER Scheme Of Arrangement—
31 Jul 2017DIVIDEND Annual General Meeting/Dividend - Re 0.40 Per Share—
22 Mar 2016DIVIDEND Interim Dividend - Re 0.40/- Per Share (Purpose Revised)—
31 Jul 2015DIVIDENDAnnual General Meeting/ Dividend - Rs 1.40/- Per Share—
3 Jun 2015DEMERGERScheme Of Arrangement—
31 Jul 2014DIVIDENDAnnual General Meeting/Dividend Rs 1.40/- Per Share—
30 Jul 2013DIVIDENDAnnual General Meeting And Dividend Rs.1.40 Per Share—
2 Aug 2012DIVIDENDAnnual General Meeting And Dividend Re.1/- Per Share—
3 Aug 2011DIVIDENDDividend-Re.1/- Per Share—
12 Aug 2010DIVIDENDAnnual General Meeting And Dividend Re.1/- Per Share—
23 Mar 2010RIGHTSRights 1:16 @Prem Rs.474—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman