Analysts/Institutional Investor Meet/Con. Call Updates3 Nov 2026 · 18:17
Adani Enterprises Limited has informed the Exchange about Transcript
Markets / Nifty 50 / Metals & Mining
Price
Daily closing prices, adjusted for bonuses and splits
Returns against the Nifty 50
| Return | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|---|
| ADANIENT | +9.3% | −5.4% | −11.2% | +6.6% | +12.0% | +21.5% | +81.9% |
| Nifty 50 | +5.6% | +6.2% | −2.7% | −1.5% | −6.4% | +24.6% | +33.7% |
Price returns, without dividends. Source: NSE end-of-day data.
Check-up
Where ADANIENT sits against the Nifty 50 and its industry. Facts, not advice.
Price return
+11.96%
Over 1 year. The Nifty 50 returned −6.40%, so ADANIENT beat it by 18.4 percentage points.
Valuation (PE)
63.9
Price is 63.9 times the last four quarters' earnings per share, higher than the Nifty 50's PE of 19.8 and the 3 industry peers' median of 12.8.
Growth
+75.1%
Revenue in Q2 FY27 compared with the same quarter a year earlier. Net profit changed −53.4%.
Profitability (ROE)
5.9%
Profit over the last four quarters as a share of shareholders' equity. Net margin is 4.5%.
Debt
0.99×
Borrowings are 0.99 times shareholders' equity (latest balance sheet, 30 Sep 2026).
Volatility
2.71×
Daily price moves over the last year were 2.71 times as large as the Nifty 50's (annualised volatility 37.5%).
What the latest numbers show
Calculated by stockER from the company's filings and NSE data.
Positives 3
- Revenue up 75.1% from a year ago₹37,216 cr in Q2 FY27, against ₹21,249 cr in Q2 FY26.
- Operating cash flow of ₹2,357 crCash generated by the business in the year to 31 Mar 2026.
- Mutual fund holding up 3.84 points in a year6.62% on 30 Sep 2026, from 2.78%.
Watch points 5
- Net profit down 64.2% from a year ago₹1,221 cr in Q2 FY27, against ₹3,414 cr in Q2 FY26.
- Net margin narrowed to 3.3%From 16.1% in Q2 FY26.
- Borrowings rose 5.7% in a year₹97,294 cr on 30 Sep 2026, against ₹92,065 cr a year earlier.
- Promoter holding down 2.00 points in a year71.97% on 30 Sep 2026, from 73.97%.
- Foreign institutional holding down 0.99 points in a year10.66% on 30 Sep 2026, from 11.65%.
Financials
Consolidated results as filed with NSE. ₹ crore unless stated.
Revenue
Net profit
EPS (₹)
| ₹ crore | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 22,848 | 26,966 | 21,961 | 21,249 | 24,820 | 32,439 | 32,924 | 37,216 |
| Other income | 652 | 636 | 475 | 596 | 656 | 748 | 622 | 807 |
| Total expenses | 22,925 | 26,289 | 20,970 | 21,030 | 24,176 | 32,458 | 32,252 | 36,021 |
| EBITDA | 3,723 | 5,659 | 3,786 | 7,485 | 9,929 | 4,479 | 2,998 | 6,316 |
| Depreciation | 1,006 | 1,236 | 1,284 | 1,377 | 1,372 | 2,103 | 1,926 | 2,018 |
| Finance cost | 2,141 | 1,796 | 1,035 | 1,711 | 1,626 | 1,646 | 2,421 | 2,296 |
| PBIT | 2,717 | 4,422 | 2,502 | 6,109 | 8,558 | 2,375 | 1,072 | 4,298 |
| Profit before tax | 576 | 2,626 | 1,466 | 4,398 | 6,932 | 729 | −1,349 | 2,002 |
| Tax | 588 | 1,284 | 571 | 1,001 | 1,405 | 854 | 219 | 947 |
| Net profit | 229 | 1,382 | 976 | 3,414 | 5,727 | −167 | −1,462 | 1,221 |
| EPS (₹) | 0.04 | 32.98 | 6.02 | 27.38 | 46.78 | −1.71 | −8.91 | 11.05 |
| ₹ crore | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue from operations | 1,05,472 | 97,895 | 1,00,469 |
| Other income | 1,861 | 2,470 | 2,475 |
| Total expenses | 1,01,693 | 93,832 | 98,634 |
| EBITDA | 12,522 | 18,035 | 25,679 |
| Depreciation | 3,042 | 4,211 | 6,135 |
| Finance cost | 4,555 | 5,978 | 6,019 |
| PBIT | 9,480 | 13,824 | 19,544 |
| Profit before tax | 4,925 | 7,846 | 13,525 |
| Tax | 1,631 | 2,969 | 3,831 |
| Net profit | 3,335 | 5,372 | 9,951 |
| ₹ crore | MAR 2024 | SEP 2024 | MAR 2025 | SEP 2025 | MAR 2026 | SEP 2026 |
|---|---|---|---|---|---|---|
| Total assets | 1,60,732 | 1,81,768 | 1,98,136 | 2,21,408 | 2,61,600 | 2,94,858 |
| Current assets | 36,526 | 35,572 | 40,726 | 47,021 | 60,959 | 80,003 |
| Inventories | 9,487 | 10,891 | 10,287 | 13,331 | 18,713 | 27,429 |
| Cash and equivalents | 2,307 | 1,245 | 3,106 | 4,412 | 6,267 | 7,958 |
| Total liabilities | 1,16,546 | 1,34,160 | 1,41,665 | 1,59,830 | 1,72,422 | 1,91,145 |
| Current liabilities | 44,058 | 51,308 | 47,383 | 48,636 | 58,912 | 72,394 |
| Borrowings | 50,124 | 63,858 | 76,236 | 92,065 | 1,13,702 | 97,294 |
| Shareholders' equity | 44,186 | 47,608 | 56,470 | 61,578 | 89,178 | 1,03,713 |
| Equity attributable to owners | 39,076 | 41,896 | 50,314 | 54,056 | 80,926 | 97,952 |
Balance sheets are filed every half year (September and March).
| ₹ crore | 6M to SEP 2022 | 12M to MAR 2025 | 6M to SEP 2025 | 12M to MAR 2026 | 6M to SEP 2026 |
|---|---|---|---|---|---|
| From operations | 5,746 | 4,530 | 628 | 2,357 | 6,318 |
| From investing | −11,390 | −26,259 | −12,750 | −28,438 | −24,096 |
| From financing | 4,545 | 21,947 | 13,058 | 28,484 | 19,042 |
| Capital expenditure | 6,365 | 29,171 | 13,080 | 33,369 | 17,118 |
| Free cash flow | −618 | −24,641 | −12,452 | −31,012 | −10,799 |
Cash flow statements are filed every half year; figures are for the period shown.
EBITDA here is profit before tax plus finance cost and depreciation. Annual figures add up the four quarters of each financial year. Source: company filings on NSE (XBRL).
Peers
Metals & Mining companies in the Nifty 50.
| Company | Price | Market cap | PE | PB | ROE | Div. yield | 1Y return |
|---|---|---|---|---|---|---|---|
| Adani Enterprises Ltd.ADANIENT | ₹2,709.20 | ₹3.67 lakh cr | 63.9 | 3.74 | 5.9% | 0.05% | +12.0% |
| JSW Steel Ltd.JSWSTEEL | ₹1,343.00 | ₹3.28 lakh cr | 11.5 | 2.90 | 25.1% | 0.53% | +13.7% |
| Tata Steel Ltd.TATASTEEL | ₹179.93 | ₹2.25 lakh cr | 20.4 | 2.20 | 10.8% | 2.22% | +0.4% |
| Hindalco Industries Ltd.HINDALCO | ₹935.80 | ₹2.10 lakh cr | 12.8 | 1.54 | 12.0% | 0.53% | +12.6% |
Price comparison
Change in price from the start of the period
ADANIENTNifty 50JSWSTEELTATASTEEL
Events
Dividends, bonuses and splits from NSE's corporate actions.
Dividend paid in 5 of the last 5 calendar years (2022–2026)Over the last 12 months: ₹1.30 per share (adjusted for bonuses and splits), a yield of 0.05% at today's price.
Past dividends
Dividend
Dividend - Rs 1.30 Per SharePer share
₹1.30Ex-date
12 Jun 2026
Dividend - Rs 1.30 Per SharePer share
₹1.30Ex-date
12 Jun 2026
Dividend
Dividend - Rs 1.30 Per SharePer share
₹1.30Ex-date
13 Jun 2025
Dividend - Rs 1.30 Per SharePer share
₹1.30Ex-date
13 Jun 2025
Dividend
Dividend - Rs 1.30 Per SharePer share
₹1.30Ex-date
14 Jun 2024
Dividend - Rs 1.30 Per SharePer share
₹1.30Ex-date
14 Jun 2024
Dividend
Dividend - Rs 1.20 Per SharePer share
₹1.20Ex-date
7 Jul 2023
Dividend - Rs 1.20 Per SharePer share
₹1.20Ex-date
7 Jul 2023
Dividend
Dividend - Re 1 Per SharePer share
₹1.00Ex-date
14 Jul 2022
Dividend - Re 1 Per SharePer share
₹1.00Ex-date
14 Jul 2022
Dividend
Dividend - Re 1 Per SharePer share
₹1.00Ex-date
1 Jul 2021
Dividend - Re 1 Per SharePer share
₹1.00Ex-date
1 Jul 2021
Interim dividend
Interim Dividend - Re 1 Per SharePer share
₹1.00Ex-date
23 Mar 2020
Interim Dividend - Re 1 Per SharePer share
₹1.00Ex-date
23 Mar 2020
Dividend
Annual General Meeting/Dividend - Rs 0.40 Per SharePer share
₹0.40Ex-date
29 Jul 2019
Annual General Meeting/Dividend - Rs 0.40 Per SharePer share
₹0.40Ex-date
29 Jul 2019
Bonuses, splits and other actions
Rights 3:25 @ Premium Rs 1799/-Ex-date
17 Nov 2025
17 Nov 2025
Annual General MeetingEx-date
17 Jun 2020
17 Jun 2020
Scheme Of ArrangementEx-date
6 Sep 2018
6 Sep 2018
Scheme Of ArrangementEx-date
5 Apr 2018
5 Apr 2018
Annual General MeetingEx-date
1 Aug 2016
1 Aug 2016
Scheme Of ArrangementEx-date
3 Jun 2015
3 Jun 2015
Filings and updates
The company's own announcements to NSE: results, dividends, presentations and board decisions.
Annual report 2025–26Open (PDF / ZIP)
Annual report 2024–25Open (PDF / ZIP)
Annual report 2023–24Open (PDF / ZIP)
Annual report 2022–23Open (PDF / ZIP)
Annual report 2021–22Open (PDF / ZIP)
Analysts/Institutional Investor Meet/Con. Call Updates28 Oct 2026 · 19:24
Adani Enterprises Limited has informed the Exchange about Link of Recording
Press Release (Revised)28 Oct 2026 · 16:46
Adani Enterprises Limited has informed the Exchange regarding a revised press release dated October 28, 2026, titled "Revised Press Release".
Press Release28 Oct 2026 · 15:22
Adani Enterprises Limited has informed the Exchange regarding a press release dated October 28, 2026, titled "Press Release".
Investor Presentation28 Oct 2026 · 14:40
Adani Enterprises Limited has informed the Exchange about Investor Presentation
Outcome of Board Meeting28 Oct 2026 · 13:37
Adani Enterprises Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Shareholders meeting24 Oct 2026 · 17:09
Adani Enterprises Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
Press Release13 Oct 2026 · 17:35
Adani Enterprises Limited has informed the Exchange regarding a press release dated October 13, 2026, titled "Adani Enterprises, Jabil Sign MoU for 50:50 Data Centre Hardware Joint Venture".
Credit Rating7 Oct 2026 · 18:11
Adani Enterprises Limited has informed the Exchange about Credit Rating
Analysts/Institutional Investor Meet/Con. Call Updates7 Oct 2026 · 13:00
Adani Enterprises Limited has informed the Exchange about Schedule of meet
Outcome of Board Meeting30 Sep 2026 · 17:13
Adani Enterprises Limited has informed the Exchange regarding Outcome of Rights Issue Committee Meeting held on Wednesday September 30, 2026.
Acquisition26 Sep 2026 · 12:48
Adani Enterprises Limited has informed the Exchange about acquisition of 50% stake of Monvarex Aluminium Holding RSC Ltd. by Adani Global Limited, a wholly owned subsidiary of the Company
Frequently asked questions
What is the share price of Adani Enterprises Ltd. (ADANIENT)?
ADANIENT closed at ₹2,709.20 on NSE on 4 Nov 2026, +4.47% on the day. stockER shows end-of-day prices, updated after the market closes.
What is the market cap of ADANIENT?
₹3.67 lakh cr, based on 135.37 crore shares and the latest closing price. That makes it #19 by size in the Nifty 50.
What are the PE and PB ratios of ADANIENT?
PE 63.91 on earnings per share of ₹42.39 over the last four quarters; PB 3.74 on the latest reported equity.
What is the 52-week high and low of ADANIENT?
High ₹3,245.00 on 6 Jul 2026, low ₹1,753.00 on 30 Mar 2026 (adjusted for bonuses and splits).
What is the dividend yield of ADANIENT?
0.05%: dividends of ₹1.30 per share with ex-dates in the last 12 months, divided by the latest price.
What return has ADANIENT given?
1 year +12.0%, 3 years +21.5%, 5 years +81.9% (price only, dividends not included).
Which sector is ADANIENT in?
NSE classifies Adani Enterprises Ltd. under Metals & Mining. Other Nifty 50 companies in it: HINDALCO, JSWSTEEL, TATASTEEL.
Who owns ADANIENT?
On 30 Sep 2026, promoters held 71.97% and the public 28.03%.
How can I buy ADANIENT shares?
Through a SEBI-registered stockbroker with a demat and trading account. stockER is an information site only: it doesn't sell shares or recommend buying or selling any of them.