Adani Enterprises Ltd.
NSE: ADANIENTAdani Enterprises Ltd.: A 30-second snapshot
Adani Enterprises (₹3,038.40) is the listed flagship of the Adani conglomerate, operating across airports, green energy, data centres, mining, and digital infrastructure. The stock trades 29.2% above its 200-DMA (₹2,351.33) with a trailing PE of 41.21 and a D/E ratio of 119.56 against a sector median below 2.0. Over 3 months the price has risen 56.95%, recovering to within 0.65% of the 52-week high, while quality metrics — ROE 13.66%, FCF positive in 1 of the tracked years, consistency score 10 — rank last among 6 Metals peers.
P/E
41.2
Forward P/E
53.5
ROE
+13.7%
Debt / Equity
119.56
Profit Margin
+9.3%
Div. Yield
+0.0%
5Y ROE > 15%
0/5
5Y FCF > 0
1/5
Quality
31/100
News
8 headlines · 6 positive · 0 negative
Adani Enterprises Completion Of Acquisition Of 100% Of Equity Share Capital Of Portus Ventures By Adani Airport City - TradingView
TradingView
India's Adani Group posts record $16bn capex in FY26 - marketscreener.com
marketscreener.com
Adani Enterprises stock rises over 1% after AI alliance with Jabil; extends gains for third straight session - TradingView
TradingView
How Adani stocks erased Hindenburg scars, reclaimed January 2023 levels - Business Today
Business Today
Adani Enterprises, Adani Energy, Adani Power shares in a bull run; fresh price targets - Business Today
Business Today
Recent context
- ·Adani Stocks recovered to pre-January 2023 price levels (per Business Today, May 2026), with ADANIENT trading within 0.65% of its 52-week high after the group erased the drawdown associated with the January 2023 short-seller report.
- ·The group reported a record ₹16bn capex in FY26 (marketscreener, June 2026), of which airports, green energy, and data infrastructure are cited as primary destinations; this capex is funded against the backdrop of a rising debt trend and D/E of 119.56.
- ·Adani Enterprises completed the acquisition of 100% equity in Portus Ventures (airport-city subsidiary) and announced an AI infrastructure alliance with Jabil (June 2026), extending the company's footprint in airport city development and technology services.
Strengths
- +5-year revenue CAGR of 20.3% demonstrates sustained top-line expansion across the conglomerate portfolio.
- +Price is 29.2% above the 200-DMA (₹2,351.33) and 15.1% above the 50-DMA (₹2,640.29), reflecting positive price momentum over both medium and long-term windows.
- +12-month price change of +22.15% outperforms the absolute price level versus recent 52-week low.
- +Recent news flow includes an airport-city acquisition (Portus Ventures), a record ₹16bn capex deployment in FY26, and an AI infrastructure alliance with Jabil, indicating active capital deployment across diversified verticals.
Weaknesses
- −D/E of 119.56 is extreme for a non-financial conglomerate; debt trend is classified as rising, and FCF was positive in only 1 of the tracked years — materially increasing refinancing and liquidity risk.
- −Quality score of 19 ranks ADANIENT 6th (last) of 6 Metals sector peers; HINDZINC scores 72, TATASTEEL 47, JSWSTEEL 45, JINDALSTEL 34, HINDALCO 31.
- −ROE of 13.66% has never exceeded 15% in any tracked year, and the persistence consistency score of 10 is the lowest on the scale, indicating no sustained period of above-threshold profitability.
- −Forward PE of 53.55 is 30% above trailing PE of 41.21, embedding steep forward growth assumptions into a stock that already carries the highest PE of the 6-peer Metals group.
Open questions
- ?Does the 5-year revenue CAGR of 20.3% translate into commensurate improvement in return on equity or free cash flow generation, or does growth remain capital-intensive with returns below the cost of capital?
- ?At a D/E of 119.56 with a rising debt trend, what is the maturity profile of the debt and how sensitive is interest coverage to changes in borrowing costs or revenue?
- ?The forward PE of 53.55 implies a meaningful acceleration in earnings; what specific projects or revenue streams are expected to drive that improvement within the forecast window?
- ?Given that the positive news flow is centred on capital deployment and M&A rather than reported profitability, at what point would earnings or margin data validate the current price-to-earnings multiple?
Peer comparison: Metals
Ranks 6 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| ADANIENT | Adani Enterprises Ltd.You're viewing | 41.2 | +13.7% | 19 |
| Industry avg | across 5 peers | 21.2 | +26.5% | 46 |
| HINDZINC | Hindustan Zinc Ltd. | 17.2 | +76.9% | 72 |
| TATASTEEL | Tata Steel Ltd. | 23.0 | +11.2% | 47 |
| JSWSTEEL | JSW Steel Ltd. | 14.2 | +27.3% | 45 |
| JINDALSTEL | Jindal Steel Ltd. | 34.5 | +6.8% | 34 |
| HINDALCO | Hindalco Industries Ltd. | 16.8 | +10.3% | 31 |
Technical state
Current price
₹3,038.40
SMA 50
₹2,640.29
SMA 200
₹2,351.33
RSI (14)
69.3 (neutral)
From 52w high
-0.7%
1Y return
+22.1%
3M return
+57.0%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highD/E of 119.56 is extreme for a non-financial conglomerate. FCF was positive in only 1 of the tracked years, debt trend is classified as rising, ROE has never exceeded 15% in any tracked year, and the consistency score is 10 — the lowest on the scale.
- highQuality score of 19 ranks ADANIENT last (6th of 6) among Metals sector peers: HINDZINC 72, TATASTEEL 47, JSWSTEEL 45, JINDALSTEL 34, HINDALCO 31. Forward PE of 53.55 is 30% above trailing PE of 41.21, embedding elevated growth expectations onto an already high-leverage balance sheet.
- mediumRSI of 69.28 is approaching overbought territory after a 56.95% price gain over 3 months. Nearest resistance is at 3058.43, just 0.66% above the current price of 3038.40. The next meaningful support level is 2399.03, which is 21.0% below the current price.
- mediumAll 8 recent news items carry positive sentiment, but the positive flow is driven by M&A activity, a record ₹16bn capex announcement, and an AI technology alliance — not by reported improvements in profitability or deleveraging. ROE stands at 13.66% and profit margin at 9.3%.
- lowAnalyst coverage comprises only 2 analysts with no mean rating reported; a sample of 2 carries no statistically meaningful consensus weight. All 5 Metals sector peers have null 1-year price change data, limiting relative price-performance comparison.
Cross-section contradictions
- Price is up 56.95% over 3 months and 22.15% over 1 year, trading 29.2% above the 200-DMA of 2351.33 — yet ROE has never exceeded 15% in any tracked year, FCF is positive in only 1 tracked year, D/E stands at 119.56, and the quality score of 19 ranks last among 6 sector peers. Price momentum and fundamental quality are sharply divergent.
- All 8 recent news items are positive, but the positive sentiment is driven by M&A completions, capex announcements, and a technology partnership — not by earnings or margin improvement. ROE of 13.66% and profit margin of 9.3% remain well below sector peers such as JSWSTEEL (ROE 27.26%) and HINDZINC (ROE 76.94%).
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 21 Jun 2026 · rotates through NIFTY 500 every ~5 days