Adani Enterprises Ltd.
NSE: ADANIENTAdani Enterprises Ltd.: A 30-second snapshot
Adani Enterprises (Rs 3,048) is a large-cap infrastructure conglomerate classified in the Metals sector, trading 31.3% above its 200-DMA and 25.7% above its 50-DMA after a 45.9% three-month price move. The balance sheet carries a debt-to-equity ratio of 119.56 with FCF positive in only 1 of tracked years and a quality score of 19 — lowest among 6 Metals peers — while trailing PE stands at 41.3 and forward PE at 53.9.
P/E
41.3
Forward P/E
53.9
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
36/100
News
8 headlines · 8 positive · 0 negative
Adani Ent, Adani Power, Adani Green, Adani Ports stocks rise 3.5% after US DOJ relief - BusinessLine
BusinessLine
Adani Enterprises & other Adani Group stocks rise up to 5% after US drops charges against Gautam Adani - The Economic Times
The Economic Times
After U.S. SEC, Treasury and Justice Department offer billionaire Gautam Adani legal relief - CNBC
CNBC
Adani Enterprises Ltd stock (INE423A01024): Q4 earnings highlight growth in airports and infrastruct - AD HOC NEWS
AD HOC NEWS
Adani Group Stocks Mostly Rise on Reports US May Drop Fraud Charges Against Gautam Adani - HDFC Sky
HDFC Sky
Recent context
- ·US DOJ, SEC, and Treasury have offered or indicated legal relief to promoter Gautam Adani; Adani Enterprises and Group stocks rose 3.5-5% across multiple sessions in May 2026 on these reports.
- ·Q4 earnings highlighted growth in the airports and infrastructure segments of the conglomerate, per headline coverage from mid-May 2026.
- ·All 8 tracked news items over the recent window carry positive sentiment, though each is linked to the legal resolution narrative or Q4 results rather than any structural change in leverage or FCF generation.
Strengths
- +Revenue has grown at a 5-year CAGR of 20.3%, indicating sustained top-line expansion across the conglomerate's diversified infrastructure businesses.
- +Price is above both the 50-DMA (Rs 2,426) and 200-DMA (Rs 2,320), with a 23.43% gain over 12 months and a 45.9% gain over 3 months.
- +Q4 results highlighted growth in the airports and infrastructure segments, per recent headlines, suggesting the core capital-allocation thesis is progressing operationally.
- +US DOJ and SEC legal proceedings against the promoter have reportedly been withdrawn or paused, removing a headline overhang that had weighed on the stock for multiple quarters.
Weaknesses
- −D/E of 119.56 is extreme for a non-financial conglomerate; FCF is positive in only 1 of tracked years, debt trend is rising, and ROE has never exceeded 15% in any tracked year — the consistency score of 10 is the lowest on the scale.
- −Quality score of 19 ranks ADANIENT 6th of 6 Metals peers, below HINDZINC (72), TATASTEEL (47), JSWSTEEL (45), JINDALSTEL (34), and HINDALCO (31).
- −Forward PE of 53.87 is 30% above trailing PE of 41.34; the stock is priced for continued high growth while carrying one of the most leveraged balance sheets in the sector.
- −RSI of 75.83 is in overbought territory after a 45.9% three-month rally, with no mapped resistance levels above the current price and nearest support at Rs 2,400 — 21.3% below current levels.
Open questions
- ?Does the 20.3% five-year revenue CAGR reflect sustainable infrastructure monetisation, or is it partly driven by inter-group transactions that inflate the consolidated topline?
- ?How does the group's debt-servicing capacity evolve if infrastructure project cash flows are delayed, given that FCF was positive in only 1 of the tracked years?
- ?If the US legal proceedings are formally closed, what incremental catalyst would sustain the current price level given forward PE of 53.87 and a quality score that ranks last among sector peers?
- ?What is the exposure of Adani Enterprises' balance sheet to regulatory or concession-renewal risk across its airport, road, and energy assets?
Peer comparison: Metals
Ranks 6 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| ADANIENT | Adani Enterprises Ltd.You're viewing | 41.3 | +13.7% | 19 |
| Industry avg | across 5 peers | 21.8 | +26.5% | 46 |
| HINDZINC | Hindustan Zinc Ltd. | 17.3 | +76.9% | 72 |
| TATASTEEL | Tata Steel Ltd. | 23.9 | +11.2% | 47 |
| JSWSTEEL | JSW Steel Ltd. | 14.1 | +27.3% | 45 |
| JINDALSTEL | Jindal Steel Ltd. | 35.6 | +6.8% | 34 |
| HINDALCO | Hindalco Industries Ltd. | 18.1 | +10.3% | 31 |
Technical state
Current price
₹3,048.20
SMA 50
₹2,425.92
SMA 200
₹2,320.27
RSI (14)
75.8 (overbought)
From 52w high
-0.4%
1Y return
+23.4%
3M return
+45.9%
50-DMA
Above
200-DMA
Above
Algorithmic support 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 scores 72, TATASTEEL 47, JSWSTEEL 45, JINDALSTEL 34, HINDALCO 31 — all materially above ADANIENT. Forward PE of 53.87 is 30% above trailing PE of 41.34, embedding elevated growth expectations into an already high-leverage balance sheet.
- mediumAll 8 recent news items carry positive sentiment, but the positive sentiment is driven predominantly by reports of US DOJ and SEC legal relief for promoter Gautam Adani — not by operational results or earnings. Resumption or escalation of legal proceedings remains a latent risk not captured in the current sentiment score.
- mediumRSI at 75.83 is in overbought territory. Price has risen 45.9% in 3 months and is just 0.38% below the 52-week high with no mapped resistance levels above the current price. Nearest support is at 2400, which is 21.3% below the current price of 3048.
- lowAnalyst coverage comprises only 2 analysts with a mean rating of 1 on the 1-5 scale (lower = more constructive). A sample of 2 is too small to carry statistically meaningful consensus weight. Peer 1-year price change data is null for all 5 Metals peers, limiting relative performance comparisons.
Cross-section contradictions
- Price is up 45.9% over 3 months and 23.43% over 1 year, trading 31.3% above the 200-DMA (2320) — yet ROE has never exceeded 15% in any tracked year, FCF is positive in only 1 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 diverging sharply.
- All 8 recent news items carry positive sentiment, but the positive sentiment is entirely attributable to reports of legal relief from US authorities — not to earnings, revenue, or operational improvements. The underlying balance sheet metrics (D/E 119.56, quality score 19, FCF positive in 1 year) are unchanged.
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 9 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