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Adani Ports & Special Economic Zone Ltd share Price Today

Company details

1,321.15
1,343.30
659.50
1,424.95
6M Return 64.75%
1Y Return 92.45%
Mkt Cap.(Cr) 288,529.77
Volume 1,945,123
Div Yield 0.45%
OI
-
OI Chg %
-
Volume 1,945,123

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Top Pick in Logistics sector
About The Stock

    Adani Ports and Special Economic Zone (APSEZ) is the largest commercial port operator with 25% share of India’s port cargo movement. The company has evolved from a single port dealing in a single commodity to an integrated logistics platform.

    • Total ~70% of APSEZ revenues is contributed by its port operations. Rest is led by harbour (11%), logistics (7%) and others
    • Of the total 247 MT cargo volume in FY21, container volumes were at 105 MT (43%), bulk at 110 MT (44%) and rest by liquid at 32 MT (13%)

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Marine Port & Services company Adani Ports & Special Economic Zone announced FY24 results:

Financial Highlights:

  • Revenue growth of 28% YoY to Rs 26,711 crore in FY24, supported by 30% jump in ports business revenue and 19% in logistics business.
  • EBITDA (excl. forex) jumps 24% YoY to Rs 15,864 crore, with Rs 15,246 crore contributed by ports business and Rs 540 crore by logistics business.
  • Domestic port EBITDA margin expanded by ~150 bps with better sweating of assets (capacity utilization of 67% in FY24 vs 56% in FY23).
  • Record PAT of Rs 8,104 crore ( 50% YoY), despite a write off of Rs 455 crore resulting from the switch to the new tax regime for one of its subsidiaries.
  • Completed loan pre-payments/repayments of Rs 5,584 crore, exceeding the initial guidance of Rs 5,000 crore provided at the start of the year.
  • Net debt to EBITDA improves to 2.3x from 3.1x in FY23, despite a capex of Rs 7,416 crore.
  • For FY24, the APSEZ Board has recommended a dividend of Rs 6 per share, in line with our capital allocation policy. This implies a payout of around Rs 1,300 crore for the company.

Ashwani Gupta, Whole-Time Director & CEO, APSEZ, “FY24 has been a year of many new milestones for APSEZ on both operational and financial metrics. APSEZ outperformed its upper end of guidance provided at the beginning of the financial year on cargo, revenue, and EBITDA by 6%-8%, while closing the year with net debt to EBITDA ratio of 2.3x vs its guidance of 2.5x. Clearly, the company’s business model of end-to-end service, strategic partnership with key customers, leveraging the network effect through its string of ports, and focus on operational efficiencies is yielding results"

Result PDF

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Adani Ports & Special Economic Zone Ltd shares SWOT Analysis

Strengths (7)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Weakness (1)

  • MFs decreased their shareholding last quarter

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (0)

Data not found

Resistance and support

R1 1,345.6
R2 1,355.5
R3 1,367.8
Pivot

1,333.38

S1 1,323.5
S2 1,311.2
S3 1,301.3
EMA SMA
1,315.3
1,300.6
1,231.7
1,103.7
1,312.6
1,316.3
1,257.8
1,047.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-01-25 1120.6 233008 BSE
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND Block Purchase 2024-01-25 1120.6 184250 NSE
MARSHALL WACE INVESTMENT STRATEGIES TOPS FUND Block Purchase 2024-01-25 1120.6 82211 NSE
Name Category Shares
Gautambhai Shantilal Adani & Rajeshbhai Shantilal Adani (on behalf of S. B. Adani Family Trust) PROMOTER 32.9%
Adani Tradeline Private Limited (Formerly, Adani Tradeline LLP) (w.e.f 6th July, 2022) PROMOTER 6.38%
Emerging Market Investment DMCC PROMOTER 6.31%
Flourishing Trade And Investment Ltd PROMOTER 5.76%
Afro Asia Trade And Investments Limited PROMOTER 4.16%
Worldwide Emerging Market Holding Limited PROMOTER 3.99%
Adani Rail Infra Private Limited PROMOTER 3.27%
Resurgent Trade And Investment Ltd PROMOTER 2.45%
Spitze Trade And Investment Limited PROMOTER 0.57%

OUR RESEARCH VIEW

Investment recommendation
Top Pick in Logistics sector
Call Date
28 Jun 2022
Entry Price 680.00
Target Price 900.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Adani Ports & Special Economic Zone Ltd Stocks COMPARISON

INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 45,709.31 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 45,581.63 -35,822.31
LAST 3M 105,886.10 -42,131.07
LAST 6M 173,680.57 48,055.67
LAST 12M 265,486.86 128,722.00

Adani Ports & Special Economic Zone Ltd Information

Stock PE (TTM)
34.3
Promoter Holding
65.89%
Book Value
245.0989
ROCE
9.42%
ROE
14.65%
Description
  • Adani Ports and Special Economic Zone Limited is engaged in infrastructure relating to ports and shipping. The company has its market capitalization worth INR1,53,468.37 crore as of 16th April 2021. The company was incorporated in 2016. The company has reported quarterly revenue of INR1,305.18 crore at the end of December 2020. This company is listed on the Bombay Stock Exchange (BSE), having the code 532921 and on the National Stock Exchange (NSE) with the symbol ADANIPORTS. The company has its headquarters in Gujarat, a part of the Adani Group, an integrated infrastructure corporation that deals in Ports and Shipping. The Adani Ports Special Economic Zone (APSEZ) is responsible for about a quarter of India's overall freight traffic. It is the largest commercial port operator having over 12 domestic ports across Gujarat, Goa, Kerala, Maharashtra, Andhra Pradesh, Odisha and Tamil Nadu. The port facilitates best-in-class cargo-handling infrastructure. The Mundra SEZ in Gujarat is a landmark validation of the company's ability to provide integrated port infrastructure service. The company operates under the chairmanship of Gautam Adani (Chairman and MD). The ports accommodated by the company include Mundra port, Krishnapatnam Port, Hazira port, Dahej port, Dhamra port, Mormugao Terminal, Vizhinjam port, Vizag port, Ennore terminal, Kattupalli port, Tune terminal and Dighi port. The company is also the largest private train operator and a licensed container Train Operator in India. Adani Ports Special Economic Zone acquired TM Harbour Services Private Limited in 2017. It also raised a capital of INR 3222.5 crore via foreign currency denominated bonds in the same year. It also acquired a 40.25% stake in Snowman Logistics in the year 2019, the same year when Mundra port was ranked number one in handling cargo across all major and Non-major Ports in India. The company was the first Indian port to be signing up for SBTi (Science Based Targets initiative). Ports across all three zones recorded strong growth in 2020. In March 2021, APSEZ was set to acquire a 31.5% stake in Gangavaram Port, which was through 16.3 crore shares of Warburg Pincus in GPL. Later this share was increased to a massive 89.6% stake after CCI approved the same. Recently, Flipkart entered into a strategic partnership with APSEZ in April 2021. During the same period, it reported a $290 million port in Yangon on the land which was leased from military-backed Myanmar Economic Corporation. Due to this, S&P Dow Jones Indices decided to remove the company from its sustainability index list.

Registered Address

Adani House Mithakhali Six Rds, Navrangpura, Ahmedabad, Gujarat, 380009

Tel : 91-79-26565555
Email : Kamlesh.bhagia:adani.com
Website : http://www.adaniports.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 532921
NSE Code : ADANIPORTS
Book Closure Date (Month) :
BSE Group : A
ISIN : INE742F01042

FAQ’s on Adani Ports & Special Economic Zone Ltd Shares

You can buy Adani Ports & Special Economic Zone Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Adani Ports & Special Economic Zone Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 17, 2024 03:59 PM the closing price of Adani Ports & Special Economic Zone Ltd was Rs.1,335.70.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 17, 2024 03:59 PM, the market cap of Adani Ports & Special Economic Zone Ltd stood at Rs. 288,529.77.

The latest PE ratio of Adani Ports & Special Economic Zone Ltd as of May 17, 2024 03:59 PM is 34.30

The latest PB ratio of Adani Ports & Special Economic Zone Ltd as of May 17, 2024 03:59 PM is 0.18

The 52-week high of Adani Ports & Special Economic Zone Ltd share price is Rs. 1,424.95 while the 52-week low is Rs. 659.50

According to analyst recommendations, Adani Ports & Special Economic Zone Ltd Share has a "Buy" rating for the long term.

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