Adani Enterprises Share Price Target 2024-2030 Fundamentals & Quarterly Results

Adani Enterprises Share Price Target 2024 2025 2026 2027 2028 2029 2030 Fundamentals & Quarterly Results –Adani Enterprises is a constituent of ‘Adani Group’, one of the largest conglomerates in India. The flagship company has expanded its operations into resources, energy, agri-business, logistics and more, which include an array of activities such as coal mining and trading, renewable energy, management of airports, manufacture of solar panels, defense and aviation, and edible oils. Because of heavy capital investments and the significant rise of ADANIENT stock over the past three years, the company has helped to restore investors confidence in the equities market.Adani Enterprises Share Price Target

Adani Enterprises Overview

Founded in the year 1993, Adani Enterprises Ltd. (AEL) is the first company in the business group of Adani and also serves as the nursery for new firms within the Group.

Company NameAdani Enterprises Ltd
Listed atNSE & BSE
Head OfficeShantigram, Near Vaishnodevi Circle, S G Highway, Ahmedabad-382421, Gujarat, India
Board Of Directors
  • Mr.Vinay Prakash Director
  • Mr.Pranav V Adani Director
  • Mr.Gautam S Adani Executive Chairman
  • Mr.Hemant Nerurkar Ind. Non-Executive Director
  • Mr.V Subramanian Ind. Non-Executive Director
  • Mrs.Vijaylaxmi Joshi Ind. Non-Executive Director
  • Dr.Omkar Goswami Ind. Non-Executive Director
  • Mr.Rajesh S Adani Managing Director
Official Websiteadani.com

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Adani Enterprises Business Profile

Adani Enterprises Ltd has diversified into a number of businesses like coal mining, integrated resources management (IRM), infrastructure (which includes airports, roads, rail, water and data centres), solar manufacturing, agriculture, and defence.

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APL (Adani Power Ltd), Adani Transmission Ltd, Adani Ports and Special Economic Zone Ltd, Adani Gas Ltd, Adani Green Energy Ltd, and Adani Wilmar Ltd are the aforementioned companies/ businesses that were all nurtured under AEL and now operate independently.

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Diversified Business

AEL draws almost the entire revenue earned from operations engaged in Integrated Resource Management (IRM) and Mining Services and instead, on the consolidated level, other segments such as integrated solar PV cell & module manufacturing and Airport are the main revenue earners for the business apart from its other small revenue and profit making activities such as shipping, bunkering, and agri-storage which are less relevant to AEL’s overall revenues and profitability.

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Integrate Resource Management

The Adani Group established its mining business unit in 2007 and AEL has strategically positioned herself as a leader in India’s Integrated Resources Management business where AEL imports its coal through established coal sourcing arrangements with coal suppliers in Indonesia, Australia, and South Africa, and the coal is sold to a wide range domestic customers. In the fiscal year 2022, AEL dittoed the coal import figures of 64.4 MMT for FY 2021, ’Importing 63.4 MMT coal in FY 2021. The IRM sector accounted for 70% of the total consolidated revenue and 39% of consolidated EBITDA for FY22.

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The company undertakes work in relation to mining business only i.e. Developer & Operator (MDO – Coking and Non-Coking Coal and Iron Ore) and Commercial Mining (in India, Coking Coal). presently, it owns and operates several coal mines in India and is entering into coal mining projects in Indonesia and Australia and also developing and operating mines in those countries.

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Solar PV Manufacturing

India’s most integrated solar manufacturer, Adani Solar has invested significantly in India by setting up a manufacturing plant with a capacity of 1.5 GW of annual production. Deployment of manufacturing and Research and Development (R&D) facility within an Electronic Manufacturing Cluster (EMC) situated in Mundra Special Economic Zone (SEZ). Adani Solar’s lean and multi-level infrastructure facility will be designed to enable expansion to 3.5 GW of modules and cells all produced in one facility.

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Road Development

AEL has also active project works in additional sectors such as Roadworks, Waterworks and Data centers. For the construction of roads, the company is collaborating with Adani Road Transport Ltd. In the road sector AEL has presently 14 projects in progress and 5 under the Build Operate Transfer scheme, 8 under Hybrid Annuity Model, and 1 project in Toll Operate Transfer. Of the said projects, 1 is already operational, 1 has been nearly completed, and the remaining ones are at different levels of progress.

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water projects

AEL is involved in the execution of two water projects being carried out by Adani Water Ltd. AEL is also working on data centers under Adani Connex which is a joint initiative of AEL and Edge Connex. In the first stage, Adani Connex will build data centers in Chennai, Navi Mumbai, Noida, Visakhapatnam, and Hyderabad. The Chennai Data Center will be commissioned by Q2 FY23.

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Airports

In 2019, the Adani Group ventured into the airports sector when Adani Airports secured the concession to upgrade and maintain six airports – Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram – as part of the global tendering process administered by Airports Authority of India. Adani Airports has been awarded the rights to operate, run and develop all the six airports for a period of 50 years.

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Adani Enterprises Fundamentals & Quarterly Results

Market Cap₹ 3,60,810 Cr.
Current Price₹ 3,165
High / Low₹ 3,744 / 2,142
Stock P/E86.8
Book Value₹ 343
Dividend Yield0.04 %
ROCE9.87 %
ROE9.73 %
Face Value₹ 1.00
Debt to Equity1.67
Debt Capacity-0.08
Debt Preceding Year₹ 53,200 Cr.
Debt₹ 65,310 Cr.
Reserves₹ 38,962 Cr.
EPS₹ 35.3
EPS Last Year₹ 28.4
Pledged Percentage0.00 %
Free Cash Flow (Prev. Ann.)₹ 2,972 Cr.
EV/EBITDA28.6
Industry P/E36.7
PEG Ratio2.03
Piotroski Score6.00
Earnings Yield2.72 %
Sales Growth (5 Years)19.0 %

Adani Enterprises Quarterly Results

ParameterJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales (₹ Cr.)40,84438,17526,61228,94422,64422,51725,05029,18025,472
Expenses (₹ Cr.)39,10236,30624,98325,33720,11920,08721,82425,98521,767
Operating Profit (₹ Cr.)1,7421,8691,6293,6072,5252,4303,2263,1953,706
OPM %4%5%6%12%11%11%13%11%15%
Other Income (₹ Cr.)222266339-15370461491-176591
Interest (₹ Cr.)9159345961,5251,1031,3435971,5131,130
Depreciation (₹ Cr.)417531592895714757760811934
Profit Before Tax (₹ Cr.)6326707801,1721,0797912,3616962,232
Tax %35%35%18%38%33%50%19%62%26%
Net Profit (₹ Cr.)4694327407816773331,9733521,772
EPS (₹)4.124.047.196.345.912.0016.573.9512.76

CAGR Report

Metric10 Years5 Years3 YearsTTM / 1 Year
Compounded Sales Growth6%19%35%-12%
Compounded Profit Growth5%43%48%49%
Stock Price CAGR34%87%27%27%
Return on Equity (ROE)7%8%8%10%

Adani Enterprises Shareholding Pattern

ParameterMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Jun 2024
Promoters74.92%74.92%74.92%74.92%74.92%69.23%72.61%74.72%
FIIs20.72%19.31%20.37%20.51%16.62%17.75%14.41%11.73%
DIIs1.08%2.53%1.57%0.83%5.69%5.15%5.77%6.02%
Public3.28%3.24%3.14%3.74%2.77%7.87%7.22%7.53%
No. of Shareholders73,18681,44480,1471,48,9232,26,0717,46,6055,37,3426,43,975

Adani Enterprises Share Price Target 2024-2030 Forecast

YearTarget
20253520.86
20263650.48
20273810.27
20283940.82
20294060.56
20304210.30
20303300.10

Adani Enterprises Share Price Target 2025

MonthPrice
January 2025₹3390.56
February 2025₹3417.26
March 2025₹3429.58
April 2025₹3441.67
May 2025₹3458.78
June 2025₹3467.29
July 2025₹3482.47
August 2025₹3476.52
September 2025₹3489.64
October 2025₹3495.17
November 2025₹3408.64
December 2025₹3520.86

Adani Enterprises Share Price Target 2026

MonthPrice
January 2026₹3545.26
February 2026₹3556.64
March 2026₹3569.47
April 2026₹3578.41
May 2026₹3586.28
June 2026₹3599.38
July 2026₹3608.17
August 2026₹3619.46
September 2026₹3628.74
October 2026₹3639.77
November 2026₹3645.56
December 2026₹3650.48

Adani Enterprises Share Price Target 2027

MonthPrice
January 2027₹3685.27
February 2027₹3693.28
March 2027₹3704.69
April 2027₹3718.45
May 2027₹3729.64
June 2027₹3741.71
July 2027₹3758.98
August 2027₹3766.47
September 2027₹3779.52
October 2027₹3784.27
November 2027₹3792.41
December 2027₹3810.27

Adani Enterprises Share Price Target 2028

MonthPrice
January 2028₹3830.47
February 2028₹3849.58
March 2028₹3855.69
April 2028₹3868.23
May 2028₹3876.18
June 2028₹3889.56
July 2028₹3895.63
August 2028₹3906.47
September 2028₹3918.54
October 2028₹3927.63
November 2028₹3932.55
December 2028₹3940.82

Adani Enterprises Share Price Target 2029

MonthPrice
January 2029₹3965.71
February 2029₹3978.64
March 2029₹3985.41
April 2029₹3993.56
May 2029₹3999.85
June 2029₹4007.35
July 2029₹4016.74
August 2029₹4027.45
September 2029₹4038.69
October 2029₹4045.74
November 2029₹4051.88
December 2029₹4060.56

Adani Enterprises Share Price Target 2030

MonthPrice
January 2030₹4085.63
February 2030₹4096.52
March 2030₹4109.64
April 2030₹4118.39
May 2030₹4126.64
June 2030₹4138.82
July 2030₹4151.36
August 2030₹4165.74
September 2030₹4179.68
October 2030₹4188.75
November 2030₹4196.35
December 2030₹4210.30

Official Website –adani.com

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