Adani Ports and Special Economic Zone Ltd.
NSE: ADANIPORTSAdani Ports and Special Economic Zone Ltd.: A 30-second snapshot
Adani Ports and Special Economic Zone trades at ₹1,824 — 11.2% above its 50-DMA of ₹1,641 and 22.1% above its 200-DMA of ₹1,494 — with the stock within 1.1% of its 52-week high after a 28% gain over 12 months. The business carries a debt-to-equity of 64.05 with a rising debt trend, a 5-year revenue CAGR of 26.5%, and a PE of 31.3 against a forward PE of 23.5, reflecting an expectation of near-term earnings expansion. Quality score of 49 ranks first among the 6 Services-sector peers captured in this dataset.
P/E
31.3
Forward P/E
23.5
ROE
+15.6%
Debt / Equity
64.05
Profit Margin
+33.1%
Div. Yield
+0.4%
5Y ROE > 15%
2/5
5Y FCF > 0
4/5
Quality
65/100
News
6 headlines · 2 positive · 1 negative
Kotak Securities Downgrades Adani Ports and Special Economic Zone to Add from Buy; Price Target is INR1,900
marketscreener.com
Adani Ports and Special Economic Zone Limited (NSEI : ADANIPORTS) acquired Jaypee Fertilizers & Industries Ltd. from Jaiprakash Associates Limited for INR 15.0 billion.
marketscreener.com
Adani Ports to buy Jaypee Fertilizers Industries Limited
marketscreener.com
Capital Group: From Reliance to Adani firms - What does shift in foreign investor preference signal?
Business Today
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Recent context
- ·Kotak Securities downgraded ADANIPORTS from one rating category to its next lower category on 4 June 2026, setting a price target of ₹1,900 — the first notable analyst rating action captured in the news sample for this run.
- ·Adani Ports completed the acquisition of Jaypee Fertilizers and Industries Ltd. from Jaiprakash Associates for ₹15 billion (announced May 2026), extending the group's diversification beyond pure-play port and logistics infrastructure.
- ·Foreign investor positioning in Adani-group companies was cited in a Business Today report (May 2026) noting a shift in preference among institutional investors — the article does not indicate the direction or magnitude of any specific fund flow into ADANIPORTS.
Strengths
- +Ranks 1st of 6 on quality score (49) and 1st on ROE (15.59%) among Services-sector peers with available data, ahead of CONCOR (ROE 9.76%, quality 23) and BLUEDART (ROE 14.83%, quality 36).
- +Price is above both the 50-DMA (₹1,641) and 200-DMA (₹1,494), with RSI at 63.45 — within neutral territory — and a 3-month gain of 21.7%, placing the stock near its 52-week high of approximately ₹1,843.
- +Profit margin of 33.1% and a 5-year revenue CAGR of 26.5% indicate the business has compounded revenue at scale; FCF was positive in 4 of the tracked years, suggesting operating cash generation has been broadly maintained.
- +Forward PE of 23.5 represents a compression of approximately 7.8 PE points from the trailing PE of 31.3, implying consensus projects a step-up in earnings in the near term; mean analyst rating of 1.2 across 25 analysts (1–5 scale, lower = more constructive).
Weaknesses
- −Debt-to-equity of 64.05 is extremely elevated for a non-financial infrastructure company, with a rising debt trend over the measurement period — the company carries material refinancing risk and heightened sensitivity to interest-rate movements.
- −5-year earnings CAGR of 3.6% lags the 5-year revenue CAGR of 26.5% by over 22 percentage points, indicating that cost growth, depreciation, or interest expense has absorbed the majority of top-line expansion at the net income level.
- −ROE has exceeded 15% in only 2 of the tracked historical years, with the current reading of 15.59% sitting at the lower boundary of that threshold — capital efficiency has been inconsistent over the full measurement window.
- −Dividend yield of 0.41% is low relative to the leverage the business carries; combined with earnings growth well below revenue growth, the capital return profile to equity holders has been limited despite significant balance-sheet expansion.
Open questions
- ?Does the 5-year earnings CAGR of 3.6% versus revenue CAGR of 26.5% reflect a temporary investment phase in infrastructure build-out, or a structural limitation in the company's ability to translate scale into profitability?
- ?At a debt-to-equity of 64.05 with a rising trend, what proportion of operating cash flow is consumed by debt service, and how does the maturity profile of the outstanding debt interact with interest-rate risk over the next three to five years?
- ?The acquisition of Jaypee Fertilizers represents a move outside core port and logistics operations — how does this diversification affect the revenue mix, and does it alter the risk profile of the existing infrastructure business?
- ?With the stock within 1.1% of its 52-week high and trading 22% above its 200-DMA, what are the nearest structural support levels — the most recent swing supports at ₹1,683 and ₹1,495 — and what fundamental developments would need to materialise to sustain the current price range?
Peer comparison: Services
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| ADANIPORTS | Adani Ports and Special Economic Zone Ltd.You're viewing | 31.3 | +15.6% | 49 |
| Industry avg | across 5 peers | 97.7 | +8.7% | 26 |
| GMRAIRPORT | GMR Airports Ltd. | — | — | 40 |
| BLUEDART | Blue Dart Express Ltd. | 45.0 | +14.8% | 36 |
| CONCOR | Container Corporation of India Ltd. | 27.5 | +9.8% | 23 |
| DELHIVERY | Delhivery Ltd. | 220.4 | +1.6% | 18 |
| INDIGO | InterGlobe Aviation Ltd. | — | — | 11 |
Technical state
Current price
₹1,824.20
SMA 50
₹1,640.55
SMA 200
₹1,494.26
RSI (14)
63.5 (neutral)
From 52w high
-1.0%
1Y return
+28.0%
3M return
+21.7%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 64.05 is extremely elevated for a non-financial infrastructure company, with a rising debt trend over the measurement period, signalling material refinancing risk and heightened interest-rate sensitivity across the capital structure.
- medium5-year earnings CAGR of 3.6% lags 5-year revenue CAGR of 26.5% by over 22 percentage points, indicating that cost growth, depreciation, or interest charges have absorbed the bulk of revenue expansion at the bottom line.
- mediumROE has exceeded 15% in only 2 of the tracked historical years; the current reading of 15.59% sits at the lower boundary of that threshold, reflecting inconsistent capital efficiency over the full measurement window.
- lowNews sample totals only 6 articles, limiting sentiment confidence; adverse developments not yet covered in the sample could shift the overall sentiment picture.
Cross-section contradictions
- Stock is within 1.1% of its 52-week high and up 28% over 12 months, while debt-to-equity stands at 64.05 with a rising trend and ROE has cleared 15% in only 2 historical years — strong price momentum and elevated balance-sheet leverage coexist without a clear structural reconciliation in the data.
- 5-year revenue CAGR of 26.5% signals significant top-line expansion, yet the 5-year earnings CAGR of only 3.6% indicates that bottom-line compounding has materially diverged from headline growth — the gap between scale and profitability conversion remains wide.
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 6 Jun 2026 · rotates through NIFTY 500 every ~5 days