ADANIENT

Adani Enterprises Share PriceAdani Enterprises

₹2,822.15
-65 (-2.25%)
As on 11 December, 2023 | 00:59 BSE: 512599 NSE: ADANIENTISIN: INE423A01024

Adani Enterprises Performance

Day Range

  • Low 2,760.00
  • High 2,927.00
₹ 2,822.15

52 Week Range

  • Low 1,017.45
  • High 4,190.00
₹ 2,822.15
  • Open Price2,902.70
  • Previous Close2,887.15
  • Volume6959428

Start SIP in Adani Enterprises

Start SIP

Adani Enterprises Share Price

  • Over 1 Month 24.88%
  • Over 3 Month 12.02%
  • Over 6 Month 16.18%
  • Over 1 Year -29.88%

Adani Enterprises Key Statistics

P/E Ratio 131.6
PEG Ratio 1.3
Market Cap Cr 321,725
Price to Book Ratio 8.8
EPS 14.7
Dividend 0
Relative Strength Index 70.98
Money Flow Index 78.14
MACD Signal 63.06
Average True Range 127.04

Adani Enterprises Investment Rating

  • Master Rating:
  • Adani Enterprises (Nse) has an operating revenue of Rs. 105,914.06 Cr. on a trailing 12-month basis. An annual revenue growth of 96% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 7% is fair but needs improvement. The company has a high debt to equity of 102%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 18% and 26% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 3% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 62 which is a FAIR score but needs to improve its earnings, a RS Rating of 42 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 31 indicates it belongs to a strong industry group of Elec-Misc Products and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Adani Enterprises Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9,31311,29312,72712,14222,13720,3188,808
Operating Expenses Qtr Cr 8,71410,70912,24611,90021,60819,7578,407
Operating Profit Qtr Cr 599584481242529562400
Depreciation Qtr Cr 35343432333233
Interest Qtr Cr 146117142211161151181
Tax Qtr Cr 243202163104166159116
Net Profit Qtr Cr 762587441270469443227
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 68,59227,328
Operating Expenses Annual Cr 65,51125,518
Operating Profit Annual in Cr 1,8141,306
Depreciation Cr 131125
Interest Annual Cr 665571
Tax Annual Cr 591393
Net Profit Annual Cr 1,623721
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 11,1872,105
Cash from Investing Activity Annual Cr -16,009-3,126
Cash from Financing Annual Activity Cr 5,1101,066
Net Cash Flow Annual Cr 28945
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 13,9344,731
Fixed Assets Annual Cr 2,3172,195
Total Non Current Assets Annual Cr 12,8346,198
Total Current Assets Annual Cr 27,30415,453
Total Assets Annual Cr 40,13721,652
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 12243
ROE Annual % 1215
ROCE Annual % 1923
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 57
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 22,51725,43831,34626,61238,17540,84424,866
Operating Expenses Qtr Cr 20,08722,91427,75924,98336,30639,10223,603
Operating Profit Qtr Cr 2,4302,5243,5871,6291,8691,7421,262
Depreciation Qtr Cr 757714895592531417449
Interest Qtr Cr 1,3431,1031,525596934915622
Tax Qtr Cr 398360445143231222213
Net Profit Qtr Cr 228674722820461469304
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 138,17570,433
Operating Expenses Annual Cr 128,15065,707
Operating Profit Annual in Cr 8,8283,713
Depreciation Cr 2,4361,248
Interest Annual Cr 3,9702,526
Tax Annual Cr 1,041477
Net Profit Annual Cr 2,473777
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 17,6261,385
Cash from Investing Activity Annual Cr -16,860-17,487
Cash from Financing Annual Activity Cr -1,19815,901
Net Cash Flow Annual Cr -431-201
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 31,87421,617
Fixed Assets Annual Cr 80,01953,366
Total Non Current Assets Annual Cr 104,36670,815
Total Current Assets Annual Cr 37,12230,945
Total Assets Annual Cr 141,488101,760
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 322239
ROE Annual % 84
ROCE Annual % 86
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 77

Adani Enterprises Technicals

EMA & SMA

Current Price
₹2,822.15
-65 (-2.25%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹2,495.74
  • 50 Day
  • ₹2,412.59
  • 100 Day
  • ₹2,402.65
  • 200 Day
  • ₹2,429.30
  • 20 Day
  • ₹2,390.76
  • 50 Day
  • ₹2,373.51
  • 100 Day
  • ₹2,434.52
  • 200 Day
  • ₹2,235.86

Adani Enterprises Resistance and Support

PIVOT
₹2,836.39
Resistance
First Resistance 2,912.77
Second Resistance 3,003.38
Third Resistance 3,079.77
RSI 70.98
MFI 78.14
MACD Single Line 63.06
MACD 139.09
Support
First Resistance 2,745.77
Second Resistance 2,669.38
Third Resistance 2,578.77

Adani Enterprises Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 7,333,048 121,068,622 16.51
Week 13,177,324 211,627,830 16.06
1 Month 4,935,476 92,786,944 18.8
6 Month 4,216,894 142,952,717 33.9

Adani Enterprises Result Highlights

Adani Enterprises Synopsis

NSE-Elec-Misc Products

Adani Enterprises is involved in the business activities of Wholesale of solid, liquid and gaseous fuels and related products. Company’s Total Operating Revenue is Rs. 67324.71 Cr. and Equity Capital is Rs. 114.00 Cr. for the Year ended 31/03/2023. Adani Enterprises Ltd. is a Public Limited Listed company incorporated on 02/03/1993 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L51100GJ1993PLC019067 and registration number is 019067.
Market Cap 321,725
Sales 45,476
Shares in Float 30.78
No of funds 456
Yield 0.04
Book Value 23.09
U/D Vol ratio 0.8
LTDebt / Equity 6
Alpha -0.13
Beta 3.07

Adani Enterprises

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 72.61%67.65%69.23%72.63%
Mutual Funds 1.39%1.18%0.87%1.19%
Insurance Companies 4.26%4.28%4.28%4.25%
Foreign Portfolio Investors 14.52%19.34%17.75%15.39%
Financial Institutions/ Banks
Individual Investors 2.96%3.37%3.61%2.09%
Others 4.26%4.18%4.26%4.45%

Adani Enterprises Management

Name Designation
Mr. Gautam S Adani Chairman
Mr. Rajesh S Adani Managing Director
Mr. Pranav V Adani Director
Mr. Vinay Prakash Director
Mr. Hemant Nerurkar Ind. Non-Executive Director
Mr. V Subramanian Ind. Non-Executive Director
Mrs. Vijaylaxmi Joshi Ind. Non-Executive Director
Dr. Omkar Goswami Ind. Non-Executive Director
Mr. Narendra Mairpady Ind. Non-Executive Director

Adani Enterprises Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Adani Enterprises Corporate Action

Date Purpose Remarks
2023-11-02 Quarterly Results
2023-08-03 Quarterly Results
2023-05-13 Others To consider Fund Raising per share(40%)Final Dividend
2023-05-04 Audited Results & Dividend
2023-02-14 Quarterly Results
Date Purpose Remarks
2023-07-07 FINAL Rs.1.20 per share(120%)Dividend
2022-07-15 FINAL Rs.1.00 per share(100%)Final Dividend
2021-07-02 FINAL Rs.1.00 per share(100%)Dividend

Adani Enterprises MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 155,471
HDFC Balanced Advantage Fund Growth 63,981
UTI Nifty 50 Exchange Traded Fund 42,363
Kotak Equity Arbitrage Fund Growth 28,958
SBI Arbitrage Opportunities Fund Regular Growth 22,370

About Adani Enterprises

Adani Enterprises Ltd is the flagship company of Adani Group. It is a multinational conglomerate company of India, headquartered in Ahmedabad.

As a multinational conglomerate, Adani Enterprises Ltd operates in a wide range of economic sectors, such as mining, integrated resource management (IRM), and infrastructure, especially airports, roads, rails, metros, water, data centers, solar manufacturing, agriculture, and defence.

Adani Enterprises Ltd has positioned itself as one of the valuable companies in India and through their incubating ideology, they are building nations and building a strong foundation of Adani Enterprises Ltd.

The business segment of Adani Enterprise Ltd is as follows:

Airports - It entered the industry with a mission to upgrade the infrastructure of airports in India.
Defence and Aerospace - Adani Enterprises is present here to strengthen the defence of India by making high qualities of arms.
Edible Oil and Foods - Adani Enterprises have a mission of making ' Made in India' products. In the edible oil and food business, they have over 850 manufacturing plants with an extensive network of distribution they are covering countries like China, India, Indonesia and 30 more countries.
Data Center - Adani Enterprises Ltd has competitively placed itself by creating data centres across the country.
Agro - By setting a modern Controlled Atmosphere storage facilities at Rewali, Sainj and Rohru they have established themselves as a pioneer in the agro sector.
Integrated Resources Management - Through Integrated Resources, Adani Enterprise become the largest coal supplier all over India.
Mining Services - To bridge the gap between demand and supply of coal, Adani Enterprises Ltd is present in mining services. They have increased their suppliers based in South Africa, Australia, USA and Russia.
Transportation - Adani Enterprises Ltd is also present in Road, Rail and Metro sectors to build the infrastructure.
Solar Manufacturing - To build a system of solar manufacturing.
Water

The story of Adani Enterprises Limited (AEL) was started in the year 1993 under the name Adani Exports Ltd. On a standalone basis, they primarily focus on Integrated resources management, power trading and natural resources of businesses. 
After doing this for some years they expanded their businesses with their subsidiaries into different sectors such as Adani mass media, oil exploration, data centres, bunkering, aerospace, solar manufacturing, etc.

Adani Enterprises Limited became the top net foreign exchange earner of the country in the year 1998. They started trading in edibles in 2000. AEL received a gold trophy in 2001. They also got the GCCI export Appreciation award in 2003. Again in 2005, they were honoured with the recognition of Five Star Export House. After one year of doing this, they commenced their business activities in the Agrifresh sector. Adani Exports Ltd changed its name to Adani Enterprises Ltd in 2006. In 2012 Adani group formed the largest solar power plant in Gujarat. After one year they began the operations of coal with access to a reserve of coal. They also partnered with Australia's Woodside Energy for Energy cooperation by signing a deal with them. Adani Group acquired a 51% equity stake in PLR system private limited during the quarter ended 30th September 2020. During quarter 4 of 2021, they formed a joint venture with Edge connex for the development of data centres. One of the subsidiaries has acquired a 23.50% stake in Mumbai International Airport. In 2021, one of the subsidiaries Adani Global Pte Limited Singapore acquired a 49% stake in Adani Solar USA while the remaining 51% equity stake is held by Adani Green Energy Ltd.

Adani Global Pte limited acquired a 100% stake in Bowen Rail Operation Pte Ltdinn July 2021.
This shows how aggressively the  Adani group is doing their businesses all over India.

Adani Enterprises FAQs

What is Share Price of Adani Enterprises ?

Adani Enterprises share price is ₹2,822 As on 11 December, 2023 | 00:45

What is the Market Cap of Adani Enterprises ?

The Market Cap of Adani Enterprises is ₹321725.4 Cr As on 11 December, 2023 | 00:45

What is the P/E ratio of Adani Enterprises ?

The P/E ratio of Adani Enterprises is 131.6 As on 11 December, 2023 | 00:45

What is the PB ratio of Adani Enterprises ?

The PB ratio of Adani Enterprises is 8.8 As on 11 December, 2023 | 00:45

What is the future of Adani Enterprises share?

Adani Enterprises (Nse) has an operating revenue of Rs. 50,942.31 Cr. on a trailing 12-month basis. An annual revenue de-growth of -9% needs improvement, Pre-tax margin of 3% needs improvement. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

What is Adani Enterprises debt to equity?

Adani Enterprises has a debt to equity of 56%, which is a bit higher.

What is the stock price CAGR of Adani Enterprises?

The stock price CAGR of Adani Enterprises for 10 Years is 31%, 5 Years is 101%, 3 Years is  126%, 1 Year is 238%.

What is the ROE of Adani Enterprises?

Adani Enterprises has an ROE of 5% which is fair but needs improvement.

Who is the founder of Adani Enterprises?

Adani Enterprises was founded in 1988 by Adani Group which is owned by Gautam Adani.

Who are the peers of Adani Enterprises Limited?

Remington India Ltd, Aegis Logistics Ltd, MMTC Ltd.

How can I buy the shares of Adani Enterprises limited?

You can simply create a Demat account through 5Paisa and by getting your KYC verification done you are ready to invest in any shares available in the stock market.

Q2FY23