Adani Group's flagship incubator: airports, solar/wind manufacturing, mining services, roads and data centres.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 110 | 110 | 110 | 114 | 114 | 115 | 115 | 129 |
| Reserves | 3.7k | 4.0k | 5.1k | 13.8k | 16.5k | 26.6k | 53.9k | 62.6k |
| Borrowings | 3.0k | 2.9k | 4.4k | 3.1k | 5.9k | 12.8k | 109.5k | 11.0k |
| Other Liabilities | 7.1k | 5.9k | 12.0k | 23.1k | 19.6k | 10.8k | 57.9k | 8.4k |
| Total Liabilities | 13.9k | 13.0k | 21.7k | 40.1k | 42.2k | 50.3k | 221.4k | 82.2k |
| AssetsFixed Assets | 1.5k | 1.4k | 1.7k | 1.7k | 1.5k | 2.0k | 102.0k | 2.5k |
| CWIP | 220 | 453 | 511 | 649 | 752 | 591 | 41.3k | 1.1k |
| Investments | 2.3k | 2.5k | 3.4k | 9.9k | 14.1k | 18.8k | 10.0k | 28.3k |
| Other Assets | 9.9k | 8.6k | 16.0k | 27.9k | 25.8k | 28.9k | 68.0k | 50.4k |
| Total Assets | 13.9k | 13.0k | 21.7k | 40.1k | 42.2k | 50.3k | 221.4k | 82.2k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1.9k | 601 | 1.6k | 2.1k | 11.2k | 508 | -3.7k | -3.2k |
| Cash from Investing | 2.4k | 91 | -1.3k | -3.1k | -16.0k | -2.5k | -6.4k | -15.5k |
| Cash from Financing | -4.4k | -422 | -632 | 1.1k | 5.1k | 2.1k | 9.9k | 21.0k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 1.7k | 436 | 1.2k | 1.9k | 11.0k | 229 | -4.6k | -4.4k |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
ADANIENT · CYCLICAL_UNMODELABLE
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