Adani Enterprises’ Revenue To Reach Rs 1.5 Lakh Cr By FY27

New Delhi: Adani Enterprises Ltd, the flagship company of the ports-to-energy conglomerate helmed by billionaire Gautam Adani, is likely to see consolidated revenue grow at a CAGR of 17.5 per cent and net earnings by 45.8 per cent over 2023-24 fiscal year (FY24), a report said.

“Over FY24-27E, AEL’s consolidated revenue, EBITDA, and net earnings are expected to grow at a CAGR of 17.5 per cent, 37.5 per cent, and 45.8 per cent, reaching Rs1,56,343 crore, Rs28,563 crore, and Rs9,245 crore, respectively,” the report said. EBITDA and net margins are projected to expand by 647 bps to 18.3 per cent and 255 bps to 5.9 per cent, respectively.

AEL is one of India’s largest listed incubators which has conceived, grown, matured and demerged many successful businesses, including ports company Adani Ports & SEZ, city gas distributor Adani Total Gas, power transmission company Adani Energy Solutions, renewable energy firm Adani Green Energy, Adani Power, and commodities firm Adani Wilmar.