WEBSITE BSE:532921 NSE : ADANI PORTS 09 Jun, 14:18
Market Cap ₹158727 Cr.
Stock P/E 30.0
P/B 3.5
Current Price ₹734.8
Book Value ₹ 211
Face Value 2
52W High ₹987.9
Dividend Yield 0.68%
52W Low ₹ 395
Adani Ports and Special Economic Zone Ltd, together with its subsidiaries, develops, operates, and maintains port infrastructure facilities in India. It also engages in the ports related infrastructure improvement activities; and improvement of infrastructure at contiguous Special Economic Zone at Mundra. The enterprise operates 12 ports and terminals with 64 berths to facilitate the handling of dry bulk, liquid cargo, crude oil, packing containers, ro-ro, and task shipment at Mundra, Hazira, Dahej, Dhamra, Vizag, Murmugao, Kattupalli, Ennore, Tuna, Krishnapatnam, Dighi, and Vizhinjam port locations. It additionally presents car logistics, inland waterways, rail operation, warehousing, and agriculture logistics services, as well as operates multi-modal logistics parks; and gives capital, maintenance, and inland water dredging services. In addition, it's miles worried within the operation, improvement, upkeep, development, and extension of software offerings, including electricity distribution; provision of passenger airline, dredging, and warehousing / storage facilities and other associated services, as well as sanatorium and associated services; and possession and operation of harbour tugs, barges, other port crafts, ocean towage, and offshore support vessels, as well as gives marine services, along with pilotage, laying, and protection of buoys. The company was formerly known as Mundra Port and Special Economic Zone Limited and changed its name to Adani Ports and Special Economic Zone Limited in January 2012. Adani Ports and Special Economic Zone Limited become incorporated in 1998 and is established in Ahmedabad, India. Adani Ports and Special Economic Zone Limited was previously a subsidiary of Adani Enterprises Limited.
Price goes above X
Price falls below X
₹ | |
#(Fig in Cr.) | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 3746 | 3608 | 4557 | 3532 | 3797 | 3845 | 4638 | 5211 | 4786 | 5797 |
Other Income | 734 | 465 | 382 | 588 | 626 | 573 | 461 | 438 | 265 | 382 |
Total Income | 4481 | 4072 | 4938 | 4120 | 4423 | 4418 | 5099 | 5649 | 5051 | 6179 |
Total Expenditure | 1258 | 1297 | 2326 | 1326 | 1379 | 1986 | 2834 | 2320 | 2090 | 2526 |
Operating Profit | 3222 | 2775 | 2613 | 2794 | 3043 | 2432 | 2266 | 3329 | 2962 | 3653 |
Interest | 612 | 633 | 530 | 616 | 667 | 649 | 617 | 577 | 534 | 623 |
Depreciation | 594 | 597 | 609 | 621 | 693 | 675 | 724 | 854 | 884 | 845 |
Exceptional Income / Expenses | 0 | 0 | 0 | -405 | 0 | 0 | 0 | 0 | 0 | -1273 |
Profit Before Tax | 2016 | 1546 | 1474 | 1152 | 1684 | 1108 | 925 | 1897 | 1544 | 912 |
Provision for Tax | 436 | 218 | 171 | 219 | 261 | 137 | -61 | 163 | 227 | -222 |
Profit After Tax | 1580 | 1327 | 1303 | 933 | 1423 | 970 | 986 | 1735 | 1317 | 1134 |
Adjustments | -19 | -39 | 4 | 19 | 49 | 54 | 86 | -57 | -1 | 25 |
Profit After Adjustments | 1561 | 1288 | 1307 | 952 | 1472 | 1024 | 1072 | 1677 | 1316 | 1159 |
Adjusted Earnings Per Share | 7.7 | 6.3 | 6.4 | 4.7 | 7.2 | 4.8 | 5.1 | 7.9 | 6.1 | 5.4 |
#(Fig in Cr.) | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 2697 | 3577 | 4830 | 6152 | 7109 | 8439 | 11323 | 10925 | 11439 | 12550 | 15934 | 20432 |
Other Income | 52 | 264 | 685 | 686 | 802 | 1318 | 1011 | 1405 | 2433 | 2685 | 2170 | 1546 |
Total Income | 2749 | 3841 | 5514 | 6838 | 7911 | 9757 | 12334 | 12331 | 13872 | 15235 | 18105 | 21978 |
Total Expenditure | 951 | 1201 | 1910 | 2250 | 2535 | 3025 | 4499 | 4334 | 5934 | 4566 | 7055 | 9770 |
Operating Profit | 1798 | 2640 | 3604 | 4588 | 5376 | 6732 | 7835 | 7997 | 7938 | 10669 | 11049 | 12210 |
Interest | 281 | 542 | 977 | 1175 | 1194 | 1393 | 1257 | 1428 | 1951 | 2255 | 2556 | 2351 |
Depreciation | 316 | 422 | 649 | 912 | 1063 | 1160 | 1188 | 1373 | 1680 | 2107 | 2740 | 3307 |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | -155 | -69 | -59 | 0 | -405 | -1273 |
Profit Before Tax | 1201 | 1677 | 1978 | 2501 | 3119 | 4179 | 5234 | 5126 | 4244 | 6292 | 5541 | 5278 |
Provision for Tax | 93 | 123 | 237 | 177 | 283 | 287 | 1544 | 1081 | 459 | 1243 | 746 | 107 |
Profit After Tax | 1108 | 1554 | 1741 | 2324 | 2837 | 3892 | 3690 | 4045 | 3785 | 5049 | 4795 | 5172 |
Adjustments | -6 | 70 | -1 | -10 | 61 | 19 | -16 | -55 | -21 | -54 | -67 | 53 |
Profit After Adjustments | 1102 | 1623 | 1740 | 2314 | 2897 | 3912 | 3674 | 3990 | 3763 | 4994 | 4728 | 5224 |
Adjusted Earnings Per Share | 5.5 | 8.1 | 8.4 | 11.2 | 14 | 18.9 | 17.7 | 19.3 | 18.5 | 24.6 | 22.4 | 24.5 |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Sales CAGR | 27% | 13% | 14% | 19% |
Operating Profit CAGR | 4% | 11% | 10% | 20% |
PAT CAGR | -5% | 6% | 4% | 16% |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Share Price CAGR | -0% | 29% | 14% | 17% |
ROE Average | 14% | 16% | 17% | 21% |
ROCE Average | 11% | 12% | 13% | 13% |
#(Fig in Cr.) | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|
Shareholder's Funds | 4815 | 6396 | 8768 | 10768 | 13505 | 17526 | 21069 | 24538 | 25623 | 30608 | 38250 |
Minority's Interest | 135 | 142 | 144 | 159 | 124 | 139 | 150 | 210 | 220 | 1465 | 393 |
Borrowings | 15446 | 10258 | 11288 | 13850 | 15820 | 17993 | 20629 | 19883 | 26181 | 32936 | 39691 |
Other Non-Current Liabilities | 2273 | 1227 | 1777 | 1836 | -163 | -621 | 208 | 516 | 1273 | 2337 | 4413 |
Total Current Liabilities | 3245 | 3012 | 2700 | 5469 | 7897 | 6556 | 4009 | 10352 | 7696 | 7121 | 10831 |
Total Liabilities | 25914 | 21035 | 24677 | 32082 | 37183 | 41594 | 46065 | 55499 | 60994 | 74582 | 93883 |
Fixed Assets | 18428 | 11382 | 13163 | 20527 | 20883 | 21054 | 22670 | 28121 | 32715 | 48291 | 56811 |
Other Non-Current Assets | 5179 | 4518 | 5967 | 4677 | 9240 | 8633 | 9108 | 12747 | 13460 | 13383 | 19271 |
Total Current Assets | 1986 | 5023 | 5445 | 6791 | 7060 | 11907 | 14287 | 14631 | 14820 | 12553 | 15903 |
Total Assets | 25914 | 21035 | 24677 | 32082 | 37183 | 41594 | 46065 | 55499 | 60994 | 74582 | 93883 |
#(Fig in Cr.) | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|
Opening Cash & Cash Equivalents | 75 | 375 | 756 | 150 | 445 | 842 | 950 | 823 | 4798 | 7195 | 4201 |
Cash Flow from Operating Activities | 1200 | 1379 | 1132 | 3057 | 2381 | 4063 | 5608 | 6029 | 7402 | 7556 | 9800 |
Cash Flow from Investing Activities | -13876 | -4690 | -2510 | -2485 | -4153 | -2639 | -3846 | -4424 | -750 | -14143 | -7212 |
Cash Flow from Financing Activities | 12976 | 4211 | 773 | -237 | 2170 | -1325 | -1889 | 2313 | -4256 | 3514 | 2042 |
Net Cash Inflow / Outflow | 300 | 900 | -606 | 335 | 398 | 98 | -127 | 3919 | 2396 | -3073 | 4630 |
Closing Cash & Cash Equivalent | 375 | 756 | 150 | 485 | 843 | 950 | 823 | 4798 | 7195 | 4201 | 8620 |
# | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|
Earnings Per Share (Rs) | 5.5 | 8.1 | 8.4 | 11.18 | 13.99 | 18.89 | 17.74 | 19.27 | 18.52 | 24.58 | 22.38 |
CEPS(Rs) | 7.11 | 9.86 | 11.55 | 15.63 | 18.83 | 24.4 | 23.56 | 26.16 | 26.9 | 35.22 | 35.67 |
DPS(Rs) | 1 | 1 | 1 | 1.1 | 1.1 | 1.3 | 2 | 0.2 | 3.2 | 5 | 5 |
Book NAV/Share(Rs) | 22.42 | 31.36 | 41.85 | 51.58 | 65.21 | 84.63 | 101.74 | 118.49 | 126.12 | 150.65 | 181.08 |
Core EBITDA Margin(%) | 64.75 | 66.43 | 60.44 | 63.43 | 64.34 | 64.16 | 60.27 | 60.33 | 48.12 | 63.62 | 55.72 |
EBIT Margin(%) | 54.95 | 62.03 | 61.17 | 59.76 | 60.67 | 66.02 | 57.33 | 59.99 | 54.15 | 68.11 | 50.82 |
Pre Tax Margin(%) | 44.52 | 46.88 | 40.95 | 40.66 | 43.88 | 49.52 | 46.23 | 46.92 | 37.1 | 50.14 | 34.78 |
PAT Margin (%) | 41.08 | 43.44 | 36.05 | 37.78 | 39.9 | 46.12 | 32.59 | 37.02 | 33.09 | 40.23 | 30.09 |
Cash Profit Margin (%) | 52.79 | 55.23 | 49.5 | 52.6 | 54.86 | 59.87 | 43.08 | 49.59 | 47.77 | 57.02 | 47.29 |
ROA(%) | 6.25 | 6.62 | 7.62 | 8.19 | 8.19 | 9.88 | 8.42 | 7.97 | 6.5 | 7.45 | 5.69 |
ROE(%) | 25.53 | 28.84 | 23.3 | 24.04 | 23.46 | 25.09 | 19.12 | 17.74 | 15.09 | 17.96 | 13.93 |
ROCE(%) | 9.92 | 11.09 | 14.96 | 14.7 | 13.42 | 14.74 | 15.64 | 13.75 | 11.49 | 14.1 | 10.83 |
Receivable days | 39.48 | 52.16 | 62.1 | 65.59 | 95.6 | 110.92 | 112.87 | 118.59 | 95.6 | 89.11 | 61.8 |
Inventory Days | 7.54 | 8.52 | 10.1 | 12.72 | 12.09 | 18.79 | 18.98 | 22.17 | 17.47 | 18.62 | 15.73 |
Payable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PER(x) | 23.46 | 17.12 | 22.31 | 27.55 | 17.71 | 17.99 | 19.99 | 19.62 | 13.57 | 28.59 | 34.58 |
Price/Book(x) | 5.76 | 4.42 | 4.48 | 5.97 | 3.8 | 4.02 | 3.49 | 3.19 | 1.99 | 4.66 | 4.27 |
Dividend Yield(%) | 0.77 | 0.72 | 0.53 | 0.36 | 0.44 | 0.38 | 0.56 | 0.05 | 1.27 | 0.71 | 0.65 |
EV/Net Sales(x) | 15.7 | 10.79 | 10.61 | 13.15 | 10.18 | 10.74 | 8.19 | 9.14 | 6.45 | 13.79 | 12.48 |
EV/Core EBITDA(x) | 23.54 | 14.61 | 14.22 | 17.63 | 13.46 | 13.46 | 11.83 | 12.49 | 9.3 | 16.22 | 17.99 |
Net Sales Growth(%) | 34.86 | 32.6 | 35.03 | 27.38 | 15.55 | 18.72 | 34.17 | -3.51 | 4.7 | 9.71 | 26.97 |
EBIT Growth(%) | 26.61 | 49.67 | 33.18 | 24.43 | 17.32 | 29.19 | 16.5 | 0.97 | -5.49 | 37.98 | -5.26 |
PAT Growth(%) | 20.93 | 40.21 | 12.07 | 33.51 | 22.03 | 37.21 | -5.2 | 9.62 | -6.43 | 33.4 | -5.02 |
EPS Growth(%) | 20.03 | 47.29 | 3.72 | 33.03 | 25.13 | 35.01 | -6.08 | 8.62 | -3.87 | 32.72 | -8.94 |
Debt/Equity(x) | 3.92 | 1.85 | 1.49 | 1.66 | 1.65 | 1.27 | 1.05 | 1.12 | 1.17 | 1.14 | 1.2 |
Current Ratio(x) | 0.61 | 1.67 | 2.02 | 1.24 | 0.89 | 1.82 | 3.56 | 1.41 | 1.93 | 1.76 | 1.47 |
Quick Ratio(x) | 0.59 | 1.64 | 1.96 | 1.19 | 0.87 | 1.72 | 3.43 | 1.34 | 1.89 | 1.62 | 1.43 |
Interest Cover(x) | 5.27 | 4.09 | 3.02 | 3.13 | 3.61 | 4 | 5.16 | 4.59 | 3.18 | 3.79 | 3.17 |
Total Debt/Mcap(x) | 0.68 | 0.42 | 0.33 | 0.28 | 0.44 | 0.32 | 0.3 | 0.35 | 0.59 | 0.24 | 0.28 |
# | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 63.74 | 63.74 | 63.79 | 63.83 | 63.83 | 65.55 | 66.02 | 66.02 | 65.13 | 61.03 |
FII | 17.75 | 17.9 | 15.72 | 15.29 | 15.27 | 14.26 | 14.24 | 14.33 | 13.76 | 17.98 |
DII | 15.75 | 14.9 | 14.86 | 15.85 | 15.9 | 15.35 | 15.08 | 15.38 | 14.49 | 13.04 |
Public | 2.76 | 3.46 | 5.62 | 5.02 | 4.99 | 4.84 | 4.65 | 4.27 | 6.62 | 7.95 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
# | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 129.5 | 129.5 | 130.25 | 130.33 | 130.33 | 138.46 | 139.46 | 139.46 | 140.69 | 131.83 |
FII | 36.06 | 36.37 | 32.1 | 31.22 | 31.19 | 30.12 | 30.09 | 30.28 | 29.71 | 38.84 |
DII | 32 | 30.26 | 30.35 | 32.37 | 32.46 | 32.43 | 31.86 | 32.49 | 31.3 | 28.17 |
Public | 5.62 | 7.04 | 11.48 | 10.25 | 10.19 | 10.23 | 9.83 | 9.02 | 14.31 | 17.17 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 203.18 | 203.18 | 204.18 | 204.18 | 204.18 | 211.24 | 211.24 | 211.24 | 216.01 | 216.01 |
Pros
Cons
* 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.
See More Unlisted Share Articles
You May Also Know About