ADANI PORTS & SPECIAL ECONOMIC ZONE LIMITED

Valuation Adani Ports & Special Economic Zone Limited

Stocks

ADANIPORTS

INE742F01042

Marine Port Services

Market Closed - NSE India S.E. Other stock markets 04:35:06 16/06/2026 pm IST			5-day change	1st Jan Change
1,822.00 ^INR	+0.95%		-0.24%	+23.96%

16/06	Adani Ports Expands Digital Partnership with Kaleris Across Global Terminal Network	MT
16/06	Nomura Adjusts Adani Ports and Special Economic Zone's Price Target to INR2,080 from INR1,850, Keeps at Buy	MT

Company Valuation: Adani Ports & Special Economic Zone Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	16,35,399	13,64,992	28,98,582	25,55,336	30,24,177	41,97,813	-	-
Change	-	-16.53%	112.35%	-11.84%	18.35%	38.81%	-	-
Enterprise Value (EV) ¹	20,07,348	18,14,838	33,08,683	29,96,300	35,60,785	45,98,224	45,34,331	45,40,377
Change	-	-9.59%	82.31%	-9.44%	18.84%	29.14%	-1.39%	0.13%
P/E Ratio	34.6x	25.7x	35.7x	23x	22.5x	28.1x	23.4x	18.1x
PBR	4.28x	2.99x	5.47x	4.09x	3.15x	3.9x	3.41x	2.94x
PEG	-	2.63x	0.7x	0.6x	1.7x	2.5x	1.2x	0.6x
Capitalization / Revenue	10.3x	6.55x	10.9x	8.38x	7.81x	9.44x	8.15x	7.04x
EV / Revenue	12.6x	8.7x	12.4x	9.83x	9.19x	10.3x	8.8x	7.62x
EV / EBITDA	22.6x	14.1x	20.9x	16.3x	15.6x	17.6x	15x	13.2x
EV / EBIT	32.7x	19.3x	27.6x	21.3x	20.5x	23.5x	20x	17.5x
EV / FCF	33.2x	64.6x	43.5x	32.6x	70.7x	49.3x	45.5x	38.3x
FCF Yield	3.01%	1.55%	2.3%	3.06%	1.41%	2.03%	2.2%	2.61%
Dividend per Share ²	5	5	6	7	7.5	9.716	11.38	13.06
Rate of return	0.65%	0.79%	0.45%	0.59%	0.57%	0.53%	0.62%	0.72%
EPS ²	22.39	24.58	37.55	51.35	58.23	64.86	77.94	100.5
Distribution rate	22.3%	20.3%	16%	13.6%	12.9%	15%	14.6%	13%
Net sales ¹	1,59,340	2,08,519	2,67,106	3,04,753	3,87,358	4,44,713	5,15,188	5,96,040
EBITDA ¹	88,789	1,28,334	1,58,639	1,84,214	2,28,514	2,60,676	3,01,997	3,44,293
EBIT ¹	61,393	94,102	1,19,755	1,40,424	1,73,340	1,95,384	2,26,417	2,59,597
Net income ¹	47,281	53,102	81,106	1,10,923	1,28,062	1,47,331	1,76,841	2,25,735
Net Debt ¹	3,71,948	4,49,847	4,10,100	4,40,964	5,36,608	4,00,411	3,36,518	3,42,563
Reference price ²	774.20	631.90	1,341.85	1,182.95	1,312.60	1,822.00	1,822.00	1,822.00
Nbr of stocks (in thousands)	21,12,373	21,60,139	21,60,139	21,60,139	23,03,959	23,03,959	-	-
Announcement Date	25/05/22	30/05/23	02/05/24	01/05/25	30/04/26	-	-	-

¹INR in Million²INR

Estimates

P/E Ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ADANI PORTS & SPECIAL ECONOMIC ZONE LIMITED	27.83x	10.25x	17.49x	0.54%	4.4TCr
SHANGHAI INTERNATIONAL PORT (GROUP) CO., LTD.	8.86x	3.27x	9.65x	3.76%	1.74TCr
MISC	13.92x	3.26x	8.24x	4.71%	881.86Cr
QINGDAO PORT INTERNATIONAL CO., LTD.	7.73x	-	-	5.5%	809.2Cr
CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED	7.83x	5.69x	9.94x	6.04%	751.24Cr
CHINA MERCHANTS PORT GROUP CO., LTD.	11.06x	-	-	-	743.01Cr
SOCIÉTÉ D'EXPLOITATION DES PORTS	41.58x	11.24x	20.6x	1.12%	689.16Cr
QUBE HOLDINGS LIMITED	29.05x	2.47x	18.59x	2.1%	631.61Cr
WESTPORTS HOLDINGS	17.7x	6.77x	11.18x	4.18%	511.73Cr
Average	18.39x	6.14x	13.67x	3.49%	1.24TCr
Weighted average by Cap.	20.31x	7.36x	14.59x	2.52%