+
Market capitalisation of Adani Group entities cross $100 bn
ECONOMY & POLICY

Market capitalisation of Adani Group entities cross $100 bn

In an annual shareholders' meeting, the Chairman of Adani Group said that the market capitalisation of the listed entities of Adani Group crossed $100 billion in the first week of FY22.

Gautam Adani said that Adani's listed entities propelled the company's portfolio to cross $100 billion in market capitalisation in the first week of FY22. This milestone achieved is the first for a first-gen Indian company.

In FY21, the consolidated Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for the listed portfolio was Rs 32,000 crore, registering a year-on-year (YoY) growth of 22%. All the generated stock returns over 100%, and Adani ensured to return an amount of around Rs 9,500 crore to their equity shareholders. It is 166% growth in Profit After Tax on a YoY basis, he said.

Adani Ports and SEZ's share of India's port-based cargo system increased to 25% in FY21, and the container segment market rose to 41%, he added. He further said that the company's airport business has taken over operations of airports in Ahmedabad, Lucknow, and Mangalore. The company even signed concession agreements for Jaipur, Guwahati and Thiruvananthapuram, and got the privatisation contracts for these airports.

Adani Group is to acquire a controlling stake in Mumbai International Airport (MIAL), a GVK consortium that runs the city's airport and won the contract to set another of Rs 16,000 crore.

Image Source


Also read: Adani to launch IPO of its airport business

In an annual shareholders' meeting, the Chairman of Adani Group said that the market capitalisation of the listed entities of Adani Group crossed $100 billion in the first week of FY22. Gautam Adani said that Adani's listed entities propelled the company's portfolio to cross $100 billion in market capitalisation in the first week of FY22. This milestone achieved is the first for a first-gen Indian company. In FY21, the consolidated Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for the listed portfolio was Rs 32,000 crore, registering a year-on-year (YoY) growth of 22%. All the generated stock returns over 100%, and Adani ensured to return an amount of around Rs 9,500 crore to their equity shareholders. It is 166% growth in Profit After Tax on a YoY basis, he said. Adani Ports and SEZ's share of India's port-based cargo system increased to 25% in FY21, and the container segment market rose to 41%, he added. He further said that the company's airport business has taken over operations of airports in Ahmedabad, Lucknow, and Mangalore. The company even signed concession agreements for Jaipur, Guwahati and Thiruvananthapuram, and got the privatisation contracts for these airports. Adani Group is to acquire a controlling stake in Mumbai International Airport (MIAL), a GVK consortium that runs the city's airport and won the contract to set another of Rs 16,000 crore. Image Source Also read: Adani to launch IPO of its airport business

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?