Adani Enterprises Ltd. (AEL) reported a substantial 664% increase in its consolidated net profit for the September quarter, reaching ₹1,742 crore, compared to ₹228 crore in the same period last year. The company’s revenue from operations also rose by 16%, totaling ₹22,608 crore, up from ₹19,546 crore in the previous year.

Stock Performance and Metrics

Following the earnings announcement, shares of Adani Enterprises rose by 2% to ₹2,849. The company's stock metrics reflect its strong market position:

• PE Ratio: 58.88
• EPS (TTM): 48.56
• Market Cap: ₹3,24,740 crore (3rd rank)
• PB Ratio: 7.35
• Dividend Yield: 0.05%

Fundraising and Capital Markets Activity

AEL’s board approved a ₹2,000 crore fundraising plan through Non-Convertible Debentures (NCDs) in multiple tranches. The company recently raised ₹4,200 crore ($500 million) through Qualified Institutional Placement (QIP) with support from international and domestic investors. In addition, AEL and its subsidiaries raised ₹3,874 crore ($460 million) through NCD issuances to a diverse group of investors.

Key Business Highlights

• Electrolyser Manufacturing: Adani received a Letter of Award from the Solar Energy Corporation of India (SECI) to develop a 101.5 MW electrolyser manufacturing facility, increasing its cumulative capacity to 300 MW annually.
• Infrastructure Projects: Navi Mumbai International Airport welcomed its first IAF aircraft. Provisional Commercial Operation Dates (COD) were received for the “Panagarh-Palsit” BOT project and the “Kodad Khammam” HAM project.
• Iron Ore Mining: The company secured a Letter of Award from Steel Authority of India Ltd. (SAIL) to develop and operate an iron ore mine at Taldih with a capacity of 7 MTPA.

Comments from Gautam Adani

Chairman Gautam Adani highlighted AEL’s strategic investments in logistics, energy transition, and other critical sectors. “This record-breaking performance has been driven by rapid capacity additions and asset utilization within Adani New Industries Ltd. (ANIL) and Adani Airport Holdings Ltd. (AAHL),” Adani said. He also emphasized the company’s commitment to executing large-scale greenfield projects, particularly in data centers, road infrastructure, and specialized manufacturing.

Our growth in integrated manufacturing plants and accelerated progress at Navi Mumbai International Airport showcase our dedication to technological innovation and high-growth potential,” he added.