Adani Enterprises Ltd
Adani Enterprises Ltd has business interests in various economic areas such as mining, integrated resources management (IRM), infrastructure such as airports, roads, rail/ metro, water, data centres, solar manufacturing, agro and defence.[1]
- Market Cap ₹ 179,288 Cr.
- Current Price ₹ 1,573
- High / Low ₹ 4,190 / 1,017
- Stock P/E 149
- Book Value ₹ 277
- Dividend Yield 0.06 %
- ROCE 7.28 %
- ROE 4.12 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Debtor days have improved from 97.8 to 72.1 days.
- Company's working capital requirements have reduced from 31.4 days to 17.9 days
Cons
- Stock is trading at 5.68 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.24% over last 3 years.
- Dividend payout has been low at 11.9% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
26,405 | 39,356 | 46,375 | 54,947 | 64,465 | 34,008 | 36,533 | 35,924 | 40,379 | 43,403 | 39,537 | 69,420 | 122,643 | |
22,317 | 34,355 | 40,354 | 45,564 | 52,015 | 32,325 | 34,631 | 33,886 | 38,409 | 41,108 | 37,031 | 65,707 | 116,997 | |
Operating Profit | 4,088 | 5,001 | 6,021 | 9,383 | 12,450 | 1,684 | 1,902 | 2,038 | 1,969 | 2,294 | 2,506 | 3,714 | 5,646 |
OPM % | 15% | 13% | 13% | 17% | 19% | 5% | 5% | 6% | 5% | 5% | 6% | 5% | 5% |
377 | 545 | 1,775 | 1,157 | 792 | 1,044 | 749 | 363 | 504 | 872 | 494 | 1,012 | 970 | |
Interest | 634 | 1,826 | 3,492 | 5,703 | 7,056 | 1,357 | 1,257 | 1,250 | 1,625 | 1,572 | 1,377 | 2,526 | 3,178 |
Depreciation | 559 | 1,224 | 2,298 | 3,223 | 3,522 | 314 | 315 | 664 | 390 | 472 | 537 | 1,248 | 1,751 |
Profit before tax | 3,273 | 2,496 | 2,005 | 1,614 | 2,663 | 1,056 | 1,079 | 487 | 459 | 1,122 | 1,086 | 952 | 1,687 |
Tax % | 14% | 19% | 39% | -64% | 14% | 7% | 25% | 23% | 32% | 29% | 31% | 50% | |
Net Profit | 2,826 | 2,020 | 1,218 | 2,646 | 2,298 | 1,000 | 925 | 594 | 506 | 1,040 | 1,046 | 788 | 1,229 |
EPS in Rs | 22.51 | 16.72 | 14.67 | 20.19 | 17.71 | 9.19 | 8.98 | 6.89 | 6.52 | 10.35 | 8.39 | 7.06 | 10.82 |
Dividend Payout % | 4% | 6% | 10% | 7% | 8% | 4% | 4% | 6% | 6% | 10% | 12% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 14% |
3 Years: | 20% |
TTM: | 141% |
Compounded Profit Growth | |
---|---|
10 Years: | -8% |
5 Years: | -3% |
3 Years: | 9% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 34% |
5 Years: | 63% |
3 Years: | 87% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 114 | |
Reserves | 17,617 | 19,362 | 21,286 | 23,647 | 25,618 | 13,268 | 14,026 | 14,979 | 14,646 | 16,837 | 17,049 | 20,329 | 31,438 |
32,960 | 69,479 | 69,332 | 71,980 | 83,571 | 19,169 | 20,846 | 17,637 | 11,243 | 12,419 | 16,227 | 41,604 | 41,191 | |
12,868 | 18,010 | 21,143 | 22,365 | 21,420 | 9,132 | 12,630 | 23,679 | 16,537 | 17,509 | 18,231 | 39,543 | 50,348 | |
Total Liabilities | 63,555 | 106,960 | 111,871 | 118,102 | 130,718 | 41,679 | 47,611 | 56,405 | 42,536 | 46,875 | 51,617 | 101,586 | 123,091 |
17,466 | 37,735 | 48,770 | 70,579 | 83,834 | 10,473 | 13,668 | 10,555 | 9,020 | 10,476 | 10,838 | 30,123 | 44,048 | |
CWIP | 25,361 | 37,221 | 29,248 | 13,574 | 6,733 | 7,705 | 7,731 | 5,526 | 5,765 | 7,347 | 8,825 | 23,544 | 15,037 |
Investments | 334 | 542 | 323 | 288 | 744 | 805 | 1,042 | 1,461 | 1,511 | 1,952 | 5,503 | 4,292 | 4,831 |
20,394 | 31,463 | 33,529 | 33,661 | 39,407 | 22,696 | 25,170 | 38,864 | 26,240 | 27,099 | 26,451 | 43,627 | 59,176 | |
Total Assets | 63,555 | 106,960 | 111,871 | 118,102 | 130,718 | 41,679 | 47,611 | 56,405 | 42,536 | 46,875 | 51,617 | 101,586 | 123,091 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,964 | 645 | 7,666 | 8,228 | 8,532 | 5,112 | 774 | 2,942 | 3,236 | 2,454 | 4,043 | 1,385 | |
-22,418 | -34,827 | -14,790 | -8,007 | -11,465 | -1,825 | -1,460 | -7,649 | 2,487 | -1,082 | -8,611 | -17,041 | |
20,218 | 34,872 | 7,199 | -1,109 | 3,445 | -3,448 | 716 | 5,120 | -6,158 | -221 | 3,109 | 15,901 | |
Net Cash Flow | 765 | 690 | 75 | -888 | 512 | -161 | 30 | 413 | -436 | 1,151 | -1,459 | 246 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 85 | 87 | 71 | 67 | 87 | 109 | 127 | 123 | 129 | 111 | 111 | 72 |
Inventory Days | 83 | 62 | 40 | 38 | 35 | 17 | 19 | 28 | 29 | 27 | 21 | 46 |
Days Payable | 62 | 53 | 66 | 86 | 89 | 69 | 101 | 104 | 133 | 126 | 142 | 120 |
Cash Conversion Cycle | 105 | 95 | 45 | 19 | 33 | 57 | 46 | 47 | 26 | 11 | -10 | -2 |
Working Capital Days | 61 | 52 | -2 | 11 | 28 | 116 | 88 | 120 | 53 | 47 | 29 | 18 |
ROCE % | 11% | 6% | 5% | 8% | 10% | 3% | 7% | 6% | 8% | 9% | 9% | 7% |
Documents
Announcements
- Withdrawal Of The Further Public Offer Of Partly Paid Equity Shares Of Face Value Of Re. 1 Each (The 'Offer') By Adani Enterprises Limited (The 'Company') And The Red Herring Prospectus Dated January 18, 2023 ('RHP') Filed By The Company With The Registrar Of Companies, Gujarat At Ahmedabad ('Roc') In Relation To The Offer 2 Feb
- Updates Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 1 Feb
- Submission Of Media Release On The Subject 'Response To Hindenburg Report" 29 Jan
- Clarification On News Items Appearing In 'Media Publication' In Relation To Proposed Further Public Offering Of Equity Shares Of Face Value Of Rs. 1 Each ('Equity Shares') Of Adani Enterprises Limited On Partly Paid Basis. 28 Jan
- Submission Of Media Release (Revised) With Respect To 'Notice To Investors' 28 Jan
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Jul 2022TranscriptPPT
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Jul 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Mar 2021Transcript PPT
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Oct 2017TranscriptPPT
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Oct 2016TranscriptPPT
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Aug 2016TranscriptPPT
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Jan 2016TranscriptPPT
Part of Adani Group of companies[1] Incorporated in 1993, Adani Enterprise Ltd. (AEL) is the flagship Company of the Adani Group and acts as the Group’s incubator for new businesses. All the listed companies/businesses viz – Adani Power Ltd., Adani Transmission ltd., Adani Ports and Special Economic Zone Ltd., Adani Gas Ltd, Adani Green Energy Ltd., and Adani Wilmar Ltd. were initially incubated under AEL and are now functioning independently.