Adani Ports and Special Economic Zone Ltd (APSEZ) has reported a 9% increase in its consolidated net profit for the fourth quarter of fiscal year 2025-26, while its annual revenue grew by 25% to Rs 38,736 crore. The company's strong performance was driven by higher cargo volumes and improved operational efficiency across its ports.
Quarterly Performance Highlights
For the January-March quarter of FY26, Adani Ports posted a net profit of Rs 2,104 crore, up from Rs 1,931 crore in the same period last year. Revenue from operations rose to Rs 9,876 crore, compared to Rs 8,432 crore in the corresponding quarter of the previous fiscal, marking a 17% year-on-year growth. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs 5,432 crore, with an EBITDA margin of 55%.
Annual Performance
For the full fiscal year 2025-26, Adani Ports' net profit increased by 12% to Rs 8,234 crore, while revenue grew 25% to Rs 38,736 crore. The company handled a record cargo volume of 420 million metric tonnes (MMT) during the year, up from 340 MMT in the previous fiscal, representing a 23.5% growth. This was supported by strong demand in coal, containers, and liquid cargo segments.
Key Drivers and Strategic Initiatives
The growth was underpinned by robust performance at its flagship Mundra port, which handled over 200 MMT of cargo, as well as increased throughput at its other ports including Hazira, Dhamra, and Kattupalli. The company also benefited from its focus on digitalization and automation, which improved turnaround times and reduced costs. Adani Ports has been expanding its logistics network, including rail and warehousing facilities, to enhance end-to-end supply chain solutions.
Management Commentary
Karan Adani, CEO of Adani Ports, said: "Our strong performance in FY26 reflects the resilience of our business model and the growing demand for port infrastructure in India. We continue to invest in capacity expansion and technology to drive efficiency and support India's trade growth." The company has guided for cargo volume growth of 10-12% in FY27, with a capital expenditure plan of Rs 10,000 crore for capacity expansion and modernization.
Outlook and Future Plans
Adani Ports aims to increase its cargo handling capacity to 500 MMT by 2027, driven by new projects and expansion at existing ports. The company is also focusing on green energy initiatives, including the development of a green hydrogen hub at Mundra. With a strong balance sheet and cash flows, the company is well-positioned to fund its growth plans.
Shares of Adani Ports closed 2.3% higher on the BSE at Rs 1,245.50, following the announcement of the results.
