Adani Ports and Special Economic Zone Ltd
NSE:ADANIPORTS

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Adani Ports and Special Economic Zone Ltd Logo
Adani Ports and Special Economic Zone Ltd
NSE:ADANIPORTS
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Price: 1 291.85 INR 0.31%
Market Cap: 2.8T INR
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Income Statement

Earnings Waterfall
Adani Ports and Special Economic Zone Ltd

Revenue
278.4B INR
Cost of Revenue
-72.5B INR
Gross Profit
205.9B INR
Operating Expenses
-78B INR
Operating Income
127.9B INR
Other Expenses
-29.8B INR
Net Income
98.1B INR

Income Statement
Adani Ports and Special Economic Zone Ltd

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Income Statement
Currency: INR
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
51 301
N/A
56 042
+9%
61 520
+10%
66 106
+7%
67 581
+2%
69 078
+2%
71 087
+3%
72 204
+2%
75 849
+5%
80 976
+7%
84 394
+4%
93 579
+11%
98 914
+6%
103 716
+5%
113 230
+9%
109 889
-3%
108 908
-1%
110 258
+1%
109 254
-1%
113 089
+4%
115 221
+2%
120 345
+4%
118 731
-1%
113 714
-4%
114 527
+1%
118 629
+4%
125 496
+6%
152 401
+21%
162 605
+7%
165 860
+2%
171 188
+3%
171 938
+0%
184 817
+7%
191 959
+4%
208 519
+9%
220 414
+6%
234 770
+7%
256 109
+9%
267 106
+4%
274 193
+3%
278 399
+2%
Gross Profit
Cost of Revenue
(14 782)
(15 978)
(15 617)
(17 771)
(17 248)
(17 699)
(17 002)
(18 506)
(19 892)
(20 702)
(21 348)
(26 412)
(26 634)
(27 950)
(31 747)
(28 063)
(28 720)
(28 946)
(26 935)
(28 498)
(29 468)
(30 082)
(30 197)
(30 345)
(30 475)
(31 959)
(31 170)
(43 014)
(45 818)
(47 303)
(48 420)
(44 517)
(48 351)
(50 467)
(54 430)
(60 233)
(64 759)
(70 255)
(69 586)
(73 563)
(72 518)
Gross Profit
36 521
N/A
40 065
+10%
45 903
+15%
48 335
+5%
50 334
+4%
51 380
+2%
54 085
+5%
53 699
-1%
55 958
+4%
60 275
+8%
63 045
+5%
67 168
+7%
72 280
+8%
75 766
+5%
81 482
+8%
81 826
+0%
80 188
-2%
81 312
+1%
82 319
+1%
84 591
+3%
85 752
+1%
90 261
+5%
88 534
-2%
83 367
-6%
84 052
+1%
86 671
+3%
94 326
+9%
109 388
+16%
116 787
+7%
118 557
+2%
122 768
+4%
127 421
+4%
136 466
+7%
141 492
+4%
154 090
+9%
160 181
+4%
170 011
+6%
185 854
+9%
197 520
+6%
200 630
+2%
205 881
+3%
Operating Income
Operating Expenses
(11 456)
(12 813)
(15 274)
(15 440)
(16 225)
(16 462)
(18 442)
(17 581)
(17 797)
(18 797)
(20 465)
(21 252)
(22 394)
(22 144)
(21 796)
(22 305)
(22 783)
(23 808)
(25 312)
(25 787)
(26 656)
(27 595)
(29 556)
(29 208)
(29 812)
(32 067)
(34 705)
(40 137)
(44 421)
(46 849)
(49 796)
(49 469)
(51 457)
(53 486)
(59 659)
(62 538)
(67 368)
(72 483)
(77 568)
(76 590)
(77 978)
Selling, General & Administrative
(1 980)
(2 196)
(5 860)
(2 564)
(2 667)
(2 628)
(7 103)
(2 909)
(2 984)
(3 427)
(8 134)
(4 239)
(4 461)
(4 413)
(9 179)
(4 482)
(4 766)
(4 874)
(11 398)
(5 434)
(5 475)
(5 578)
(12 203)
(5 544)
(5 662)
(5 988)
(13 322)
(6 702)
(7 222)
(7 485)
(7 794)
(8 495)
(8 836)
(9 240)
(24 588)
(14 142)
(16 590)
(19 101)
(37 561)
(18 641)
(18 923)
Depreciation & Amortization
(7 269)
(7 993)
(9 117)
(9 889)
(10 248)
(10 488)
(10 630)
(10 931)
(11 094)
(11 262)
(11 602)
(11 729)
(11 883)
(11 854)
(11 884)
(12 151)
(12 671)
(13 163)
(13 735)
(14 417)
(15 001)
(15 869)
(16 803)
(17 444)
(17 958)
(19 602)
(21 073)
(24 212)
(27 421)
(29 318)
(30 993)
(31 712)
(32 428)
(33 426)
(34 232)
(35 324)
(36 525)
(37 543)
(38 885)
(39 508)
(40 529)
Other Operating Expenses
(2 207)
(2 624)
(297)
(2 989)
(3 312)
(3 346)
(710)
(3 741)
(3 720)
(4 110)
(729)
(5 284)
(6 051)
(5 878)
(734)
(5 672)
(5 346)
(5 770)
(179)
(5 936)
(6 179)
(6 149)
(550)
(6 222)
(6 192)
(6 479)
(309)
(9 223)
(9 779)
(10 047)
(11 008)
(9 262)
(10 193)
(10 820)
(839)
(13 073)
(14 252)
(15 839)
(1 123)
(18 441)
(18 527)
Operating Income
25 064
N/A
27 252
+9%
30 629
+12%
32 895
+7%
34 108
+4%
34 918
+2%
35 643
+2%
36 118
+1%
38 161
+6%
41 477
+9%
42 580
+3%
45 915
+8%
49 886
+9%
53 622
+7%
59 686
+11%
59 521
0%
57 405
-4%
57 505
+0%
57 008
-1%
58 805
+3%
59 098
+0%
62 667
+6%
58 978
-6%
54 160
-8%
54 239
+0%
54 603
+1%
59 621
+9%
69 250
+16%
72 365
+4%
71 707
-1%
72 972
+2%
77 950
+7%
85 008
+9%
88 004
+4%
94 430
+7%
97 642
+3%
102 642
+5%
113 372
+10%
119 952
+6%
124 040
+3%
127 903
+3%
Pre-Tax Income
Interest Income Expense
(8 208)
(10 055)
(5 777)
(14 177)
(14 128)
(13 026)
(4 100)
(11 368)
(9 808)
(11 139)
(1 115)
(11 951)
(13 910)
(11 546)
(5 782)
(18 218)
(22 469)
(21 389)
(5 733)
(16 790)
(18 129)
(24 011)
(16 374)
(34 067)
(25 184)
(23 153)
3 022
(21 078)
(25 954)
(28 511)
(33 986)
(42 409)
(45 851)
(47 485)
(28 867)
(30 854)
(28 325)
(29 698)
(18 347)
(29 028)
(28 728)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
(1 552)
(1 555)
(1 552)
(1 552)
0
(716)
(1 276)
(1 276)
(1 276)
(588)
(800)
(800)
(800)
98
0
(4 052)
(4 052)
(4 052)
(4 052)
0
0
(13 042)
(12 734)
(12 734)
(12 734)
(3 934)
841
324
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
(29)
0
0
0
(35)
0
0
0
(113)
0
0
0
(41)
0
0
0
(125)
0
0
0
(36)
0
0
0
0
0
0
0
0
0
0
0
89
0
0
Total Other Income
7 181
7 091
160
6 802
6 131
6 385
(319)
8 289
9 224
9 631
358
9 961
10 147
10 298
105
10 892
11 475
12 565
745
14 920
16 834
18 326
548
18 957
19 106
19 447
214
19 278
19 768
20 899
22 237
22 774
21 459
17 695
2 369
14 691
13 364
15 783
3 178
16 103
16 102
Pre-Tax Income
24 037
N/A
24 287
+1%
25 012
+3%
25 519
+2%
26 111
+2%
28 277
+8%
31 194
+10%
33 038
+6%
37 576
+14%
39 968
+6%
41 789
+5%
43 924
+5%
46 122
+5%
50 821
+10%
52 341
+3%
50 643
-3%
44 860
-11%
48 681
+9%
51 263
+5%
55 659
+9%
56 527
+2%
55 707
-1%
42 439
-24%
38 249
-10%
47 360
+24%
50 096
+6%
62 920
+26%
67 452
+7%
62 129
-8%
60 045
-3%
57 171
-5%
54 265
-5%
60 617
+12%
58 215
-4%
54 891
-6%
68 745
+25%
74 948
+9%
86 722
+16%
100 937
+16%
111 956
+11%
115 601
+3%
Net Income
Tax Provision
(2 705)
(2 330)
(1 767)
(1 743)
(1 549)
(2 159)
(2 828)
(2 796)
(3 123)
(3 818)
(2 866)
(5 551)
(8 538)
(11 600)
(15 442)
(14 398)
(12 442)
(12 084)
(10 815)
(11 898)
(5 273)
(5 077)
(4 594)
(68)
(8 878)
(9 414)
(12 433)
(11 983)
(10 095)
(8 423)
(7 640)
(5 518)
(4 994)
(4 580)
(964)
(5 399)
(6 812)
(9 869)
(15 346)
(16 486)
(18 174)
Income from Continuing Operations
21 333
21 958
23 245
23 776
24 561
26 117
28 366
30 242
34 453
36 150
38 922
38 374
37 585
39 222
36 900
36 245
32 417
36 597
40 448
43 761
51 254
50 628
37 845
38 179
38 481
40 682
50 487
55 470
52 035
51 623
49 532
48 746
55 622
53 634
53 928
63 347
68 136
76 854
85 592
95 470
97 428
Income to Minority Interest
(114)
(123)
(102)
79
267
343
413
346
134
156
100
8
56
(112)
(163)
(162)
(246)
(280)
(545)
(541)
(505)
(445)
(214)
(150)
(166)
(274)
(544)
(897)
(1 379)
(911)
(672)
(514)
(568)
(1 095)
(826)
(681)
(215)
(3)
67
169
632
Equity Earnings Affiliates
0
0
0
47
75
75
193
194
180
183
93
92
31
28
0
(47)
0
0
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
21 218
N/A
21 834
+3%
23 143
+6%
23 901
+3%
24 904
+4%
26 536
+7%
28 972
+9%
30 784
+6%
34 768
+13%
36 490
+5%
39 115
+7%
38 473
-2%
37 672
-2%
39 138
+4%
36 736
-6%
36 037
-2%
32 171
-11%
36 316
+13%
39 902
+10%
43 219
+8%
47 706
+10%
47 142
-1%
37 631
-20%
34 988
-7%
38 316
+10%
40 409
+5%
49 943
+24%
54 574
+9%
50 657
-7%
50 712
+0%
48 860
-4%
48 232
-1%
55 054
+14%
52 540
-5%
53 102
+1%
62 667
+18%
63 371
+1%
72 299
+14%
81 106
+12%
91 088
+12%
98 059
+8%
EPS (Diluted)
10.13
N/A
10.54
+4%
11.18
+6%
11.54
+3%
11.89
+3%
12.81
+8%
13.99
+9%
14.86
+6%
16.6
+12%
17.62
+6%
18.89
+7%
18.57
-2%
18.18
-2%
18.89
+4%
17.74
-6%
17.41
-2%
15.54
-11%
17.54
+13%
19.27
+10%
20.87
+8%
23.03
+10%
23.22
+1%
18.35
-21%
17.21
-6%
18.87
+10%
19.9
+5%
24.58
+24%
25.27
+3%
23.46
-7%
23.46
N/A
22.62
-4%
22.32
-1%
25.48
+14%
24.32
-5%
24.58
+1%
29.01
+18%
29.33
+1%
33.45
+14%
37.54
+12%
42.16
+12%
45.4
+8%

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