The revenue of Adani Enterprises Limited (AEL), the flagship company of the group working in the port-to-energy sector led by billionaire Gautam Adani, is estimated to grow at a rate of 17.5 percent annually to Rs 1,56,343 crore during the financial year 2023-24 to 2026-27. During this period, the net profit of the company can grow at a rate of 45.8 percent annually.
This information has been given in a report. Ventura Securities said in a report that AEL is one of India’s largest listed incubators. It has conceived, developed and matured many successful businesses. These include port company Adani Ports & SEZ, city gas distributor Adani Total Gas, power transmission company Adani Energy Solutions, renewable energy company Adani Green Energy, Adani Power, and commodity company Adani Wilmar.
Gautam Adani’s company is in these businesses
Gautam Adani’s company is engaged in airports, solar modules and wind turbines, green hydrogen, road construction, data centers, and copper sectors. According to the report, AEL, an incubator of several successful industry-leading businesses, is ambitiously diversifying green hydrogen and its ecosystem to drive future growth.
The report said that despite the volatility in the stock market following the US Department of Justice (US-DOJ) notice (on bribery allegations) in November 2024, AEL has performed well in FY 2024-25 on the back of strong fundamentals and operational base.
The company has many projects
Gautam Adani has received a contract for a 101.5 MW per annum electrolyzer manufacturing facility from SECI under the SITE scheme. The Strategic Interventions for Green Hydrogen Transition (SITE) scheme is a financial program that supports the production of green hydrogen and the manufacturing of electrolyzers in India. The scheme is part of the National Green Hydrogen Mission, which has an outlay of Rs 19,744 crore by 2029-30.
During FY2024-2027, AEL’s consolidated revenue is expected to grow 17.5 percent to Rs 1,56,343 crore, earnings before interest, tax, depreciation and amortization (EBITDA) 37.5 percent to Rs 28,563 crore, and net profit 45.8 percent to Rs 9,245 crore, the report said. EBITDA and net margin are estimated to grow 6.47 percent to 18.3 percent and 2.55 percent to 5.9 percent, respectively.
