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ADANIENT · NSE · Trading - Minerals

Adani Enterprises Ltd

What the numbers mean, from its filings and the exchange. Data as of 13 Oct 2026.
Large Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
dear low confidence No valuation within 120 days; P/E 41.4 vs peers 19.4 (20th of 25); P/B 3.6 vs peers 2.6 (15th of 24).
Statements through FY2026Prices adjusted for 1 corporate actionNot yet reviewed by the adversarial model

What is Adani Enterprises's share price today?

Adani Enterprises last traded at ₹2,666.00 on the NSE, as of 13 Oct 2026, 1:00 pm IST, up 1.4% on the day, up 4.1% over a year. Its 52-week range is ₹1,753 to ₹3,245. The live price is in the app.

₹2,666.00 +1.4% today
+4.1% over 1 year · NSE, as of 13 Oct 2026, 1:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range61% of the way up
Low ₹1,753High ₹3,245

What is Adani Enterprises's market cap?

Adani Enterprises's market capitalisation is about ₹3.56 lakh crore: what it would cost to buy every share at today's price. That makes it the 19th largest large cap company we cover.

₹3.6 L Cr Large Cap19th largest large cap company
Large Cap means the 100 largest listed companies, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: ADANIENT
ISIN
INE423A01024
Cap bucket
Large Cap, 19th largest by market cap
Industry (NSE)
Commodities › Metals & Mining › Metals & Minerals Trading › Trading - Minerals
Listed since
1997
Futures and options
Traded

Is Adani Enterprises overvalued?

Dear, with low confidence: no valuation within 120 days; P/E 41.4 vs peers 19.4 (20th of 25); P/B 3.6 vs peers 2.6 (15th of 24).

Valuation

Latest price and trailing 12 months
P/E 41.42
vs peers 19.4 · 20th of 25
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 3.62
vs peers 2.6 · 15th of 24
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹3.56 lakh Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield 0.1%
vs peers 1.1% · 21st of 21
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) 4.01
vs peers 2.4 · 13th of 18
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 0.79
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Adani Enterprises a quality business?

WATCH on 15 of 22 lender flags judged.

Quality and risk

Data as of 13 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score Not available
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level WATCH
15 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Lender scorecard

Statements through FY2026 (Mar-26)
Basis: consolidated accounts, FY2026 (Mar-26) against FY2025; NSE/BSE XBRL, the Q4 results filing; NIM is revenue from operations less finance costs over average total assets; cost to income is operating expenses over net interest income plus other income; ROA over average total assets; ROE over average equity
Net interest margin 41.2%
vs peers 3.5% · 1st of 18
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA Not available
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA Not available
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage Not available
How much of the gross bad loans has already been provided for. Learn more →
Credit cost Not available
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income 39.7%
vs peers 46.5% · 6th of 21
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets 4.3%
vs peers 1.9% · 6th of 23
Profit as a share of average total assets. Learn more →
CET1 ratio Not available
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY Not available
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio Not available
Current and savings account balances as a share of all deposits. Learn more →
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Has Adani Enterprises made money for shareholders?

Yes: +4.1% over one year and +14.6% a year over five years.

Shareholder returns

1-year return +4.1%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +14.6% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−7.7%
1M
−10.2%
3M
−17.2%
6M
+23.5%
1Y
+4.1%
3Y
+8.2%
5Y
+14.6%

Does Adani Enterprises pay a dividend?

Yes. Adani Enterprises's dividend yield is 0.07% at the latest price; the last payout was ₹1.30 a share, ex-dividend 12 Jun 2026.

Dividends

Per share, by ex-dividend date
Dividend yield0.07%
The past 12 months' dividends as a share of today's price.
12 Jun 2026 · Final₹1.30
13 Jun 2025 · Final₹1.26
14 Jun 2024 · Final₹1.26
7 Jul 2023 · Final₹1.16
14 Jul 2022 · Final₹0.97
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Adani Enterprises growing?

Revenue 3 years -4.5% a year; eps 3 years 52.2% a year; revenue 5 years 11.8% a year.

Growth

Statements through FY2026 (Mar-26)
Loan growth Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth Not available
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years -4.5% a year
vs peers 17.1% · 25th of 25
Compound annual growth of revenue over three years. Learn more →
EPS 3 years 52.2% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years 11.8% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years 56.0% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →

How did Adani Enterprises do last quarter?

Adani Enterprises reported income of ₹32,924 Cr, up 2.6% on a year earlier and a net profit of ₹-1,568 Cr, up 29.3% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Income, latest quarter₹32,924 Cr
+2.6% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹-1,568 Cr
+29.3% on a year earlier
What was left for shareholders after every cost and tax.

How does Adani Enterprises compare with its peers?

Compared with 24 financial companies (no closer group was large enough); 20th of 25 on P/E.

Compared with 24 financial companies (no closer group was large enough)

24 companies

Adani Enterprises against its peers

Largest 10 of 24 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
Adani Enterprises Ltd₹3.6 L Cr41.43.65.3%+4.1%
HDFC Bank Ltd₹10.9 L Cr13.82.014.0%−27.9%
ICICI Bank Ltd₹9.6 L Cr17.32.616.1%−2.9%
State Bank of India₹8.7 L Cr10.31.817.3%+6.6%
Bajaj Finance Ltd₹6.0 L Cr29.44.818.6%−7.7%
Life Insurance Corporation of India₹5.0 L Cr8.32.637.9%−12.7%
Kotak Mahindra Bank Ltd₹4.4 L Cr21.62.611.1%+3.0%
National Stock Exchange Of India Ltd₹4.3 L Cr22.3—27.8%−4.9%
Axis Bank Ltd₹3.9 L Cr14.11.812.7%+5.3%
Bajaj Finserv Ltd₹2.8 L Cr27.325.615.4%−14.9%
Shriram Finance Ltd₹2.2 L Cr16.62.516.4%+38.3%
Peer median—19.42.616.2%−3.6%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Adani Enterprises?

Adani Enterprises is held by promoters 72.0%, foreign institutions 10.5%, domestic institutions 10.8%.

Shareholding pattern

Latest filing, percent of shares
Promoters72.0%
The founders and controlling group.
Foreign institutions10.5%
Overseas funds investing through the FPI route.
Domestic institutions10.8%
Indian insurers, banks, pension and mutual funds together.
Mutual funds6.7%
Indian mutual fund schemes; part of domestic institutions.
Retail and others2.6%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Adani Enterprises?

4 analysts cover Adani Enterprises, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

4 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Adani Enterprises do and what is it sensitive to?

Adani Enterprises Limited (AEL) is a diversified conglomerate operating through subsidiaries and joint ventures across infrastructure, resources, and digital segments. Sensitive to: commodity price risk (coal, other materials).

Business-model card

FY2025 · 33 verified
1Revenue
3Channels
2Regulators
5Reg. dependencies
4Sensitivities
5Costs
0Geographies

Adani Enterprises Limited (AEL) is a diversified conglomerate operating through subsidiaries and joint ventures across infrastructure, resources, and digital segments. It earns revenue through integrated resources management (coal trading and logistics), mining services, airports, data centers, roads, petrochemicals, and defence & aerospace, serving primarily B2B customers with B2C only in airports.

Revenue by segment

year ended March 31, 2025 (Consolidated)
Integrated Resources Management34.6%
Mining Services3.3%
Commercial Mining6.2%
New Energy Ecosystem12.3%
Airport8.8%
Road8.5%
Others26.2%

Revenue engine

1 verified
Road segment (8.9%)
Infrastructure development and operations; revenue ₹9,694.13 crore

Customers & channels

3 verified
B2B customers (majority of revenue)
Integrated Resources Management, Mining Services, New Energy Ecosystem, Defence & Aerospace, Data Center, Copper and Roads Business serve business customers
B2C customers (Airports segment only)
Individual end passengers; Airports business focuses on direct consumer engagement through biometric travel, digital platform, and retail services
Hyperscale data center clients
AdaniConneX serves hyperscale customers with energy-secured infrastructure and AI-ready facilities; 210+ MW cumulative order book from 4 data centers

Regulators

2 verified
State Pollution Control Boards (SPCB)
Monitor air and water quality; receive reports on environmental compliance from third-party laboratories and agencies
Reserve Bank of India (RBI)
Issues guidelines and regulations governing capital issuance, foreign exchange management, and financial instruments

Regulatory dependencies

5 verified
FDI restrictions in petrochemicals and other sectors
100% FDI allowed in petrochemicals through automatic route; changes to FDI caps would affect capital access and expansion capacity in those segments
PLI scheme for manufacturing support
Government incentives capped at ₹40 crore per project (50% of project cost) for plastic parks; scheme changes would affect capex and profitability in petrochemicals
Data localisation and data protection policies
Mandate that specific data be stored and processed within India's borders; supports demand for domestic data center infrastructure and affects pricing
2 more statements
Listing Regulations and SEBI requirements
Govern capital issuance pricing, disclosure, and insider trading; affect terms on which AEL can raise capital
Foreign Exchange Management Act (FEMA) and regulations
Control foreign exchange flows and hedging strategies; directly affect profitability on forex transactions and cross-border operations

Sensitivities

4 verified
Commodity price risk (coal, other materials)
Company's performance affected by price volatility of commodities sourced from international markets; upward commodity prices increase input costs and reduce margins unless passed through to customers
Foreign exchange rate fluctuation
Exposure through foreign currency payables, receivables, and borrowings; adverse FX movements impact company profitability and cost of debt
Interest rate risk
Fluctuation in market interest rates affects fair value of financial assets and cost of borrowing; decline in interest rates improves profitability, rise increases financing costs
1 more statement
Air travel demand (aviation growth)
Airports segment revenue driven by passenger traffic; economic slowdown or travel restrictions reduce passenger volumes and non-aero revenues

Cost inputs

5 verified
Coal and raw materials (international sourcing)
Primary input for IRM and Commercial Mining segments; sourced mainly from international markets; subject to commodity price volatility and supply chain disruption
Electric power and energy
Operational cost for data centers, mining, and airports; FY2025 electric power expense ₹50.90 crore; renewable energy sourcing reduces exposure to grid tariffs
Clearing, Forwarding and Logistics Expenses
Major cost line for IRM segment; FY2025 expense ₹2,264.05 crore (down from ₹3,289.26 crore FY2024); dependent on shipping rates and port costs
2 more statements
Coal Mining Operating Expenses
Direct cost for Commercial Mining segment; FY2025 expense ₹1,287.31 crore; includes labour, equipment maintenance and site operations
MSME and domestic supplier inputs
34% of input materials in FY2025 sourced directly from MSMEs/small producers (up from 18% FY2024); 70% sourced within India (up from 40% FY2024)
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.

What changed recently?

Q1 FY2027 results filed (29 Jul 2026).

Change log

8 entries · newest first
  1. Results filedQ1 FY2027 results filed.
  2. Corporate actionDividend - Rs 1.30 Per Share.
  3. Results filedQ4 FY2026 results filed.
  4. Results filedQ3 FY2026 results filed.
  5. Corporate actionRights 3:25 @ Premium Rs 1799/-.
  6. Results filedQ2 FY2026 results filed.
  7. Results filedQ1 FY2026 results filed.
  8. Corporate actionDividend - Rs 1.30 Per Share.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsWATCH on 15 of 22 lender flags judged; 1 red; 7 could not be judged.
  • ForensicsForensic scores withheld: rights issue 2025-11-17.
  • Data gapsBusiness quality, Quality score, Gross NPA, Net NPA, Provision coverage, Credit cost and 6 more: not available yet.
Not applicable to a bank, lender or insurer · 12
  • Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
  • Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
  • Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
  • Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
  • Interest coverageInterest is a lender's main cost, not a charge on operating profit.
  • Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
  • EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
  • FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
  • Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
  • Asset turnoverA lender earns a spread on its assets, not a turnover of them.
  • ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
  • ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓241 months of month-end prices, adjusted for bonuses and splits (1 corporate action)○no valuation of ours yet✓business-model card FY2025 · 33 verified

Questions people ask

What is Adani Enterprises's share price today?

Adani Enterprises last traded at ₹2,666.00 on the NSE, as of 13 Oct 2026, 1:00 pm IST, up 1.4% on the day, up 4.1% over a year. Its 52-week range is ₹1,753 to ₹3,245. The live price is in the app.

What is Adani Enterprises's market cap?

Adani Enterprises's market capitalisation is about ₹3.56 lakh crore: what it would cost to buy every share at today's price. That makes it the 19th largest large cap company we cover.

Is Adani Enterprises Ltd a large cap, mid cap or small cap?

Adani Enterprises Ltd (ADANIENT) is a large cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Adani Enterprises Ltd's P/E ratio?

41.42, vs peers 19.4 · 20th of 25. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is Adani Enterprises Ltd overvalued?

Dear, with low confidence: no valuation within 120 days; P/E 41.4 vs peers 19.4 (20th of 25); P/B 3.6 vs peers 2.6 (15th of 24).

How does Adani Enterprises Ltd make money?

Adani Enterprises Limited (AEL) is a diversified conglomerate operating through subsidiaries and joint ventures across infrastructure, resources, and digital segments. It earns revenue through integrated resources management (coal trading and logistics), mining services, airports, data centers, roads, petrochemicals, and defence & aerospace, serving primarily B2B customers with B2C only in airports.

Why is there no Altman Z or debt to equity for Adani Enterprises?

Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.

Who are Adani Enterprises Ltd's peers?

Compared with 24 financial companies (no closer group was large enough): HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Bajaj Finance Ltd, Life Insurance Corporation of India and 19 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Adani Enterprises do last quarter?

Adani Enterprises reported income of ₹32,924 Cr, up 2.6% on a year earlier and a net profit of ₹-1,568 Cr, up 29.3% in the Jun 2026 quarter.

Who owns Adani Enterprises?

Adani Enterprises is held by promoters 72.0%, foreign institutions 10.5%, domestic institutions 10.8%.

Does Adani Enterprises pay a dividend?

Yes. Adani Enterprises's dividend yield is 0.07% at the latest price; the last payout was ₹1.30 a share, ex-dividend 12 Jun 2026.

What do analysts say about Adani Enterprises?

4 analysts cover Adani Enterprises, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

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