In this blog, we shall discuss the history behind the Adani group, its business, their market capitalisation and the stock performance of each of its publicly listed companies.
Who Founded Adani Group And When?
Gautam Adani founded the Adani Group in 1988 as a commodity trading business. He is a first-generation entrepreneur who made the Adani Group one of India’s largest conglomerates. In 1993, Adani Enterprises was incorporated. of Adani Enterprises. Then, Adani Exports was also listed on the stock markets.
In 1998, Gautam Adani formed a partnership with the Gujarat Port Infrastructure Development Corporation in Mundra, Gujarat. He also established a joint venture named Adani Wilmar with Wilmar Trading. He ventured into the packaged edible oil market with the ‘Fortune’ brand.
He entered into a partnership with Shanxi Corporation for coal supply in India in 2003. After drilling for coal in Gujarat in 2010, Adani Welspun emerged as one of India’s leading coal importers. They integrated into coal ministry operations, gaining access to over 3 billion tonnes of coal reserves.
Later on, Adani Power Ltd. was established and he formed a partnership with the Japanese business group ‘Kowa Company’. He also collaborated with Posco to construct a rail line in Australia. He is responsible for the acquisition of Adani Infrastructure Pvt Ltd., the establishment of royalties agreements with State Governments and the announcement of plans for a container port in Malaysia amid protests in Australia.
In 2018, India’s first private UAV manufacturing facility was inaugurated in partnership with Elbit Systems under Adani Defence & Aerospace.
What Are The Publicly Listed Companies Under The Adani Group?
The publicly listed companies under the Adani Group are as follows:
4. Adani Ports & Special Economic Zone (SEZ) Ltd.
5. Adani Energy Solutions Ltd.
9. ACC Ltd.
10. NDTV Ltd.
Adani Group Listed Companies
Some of the major Adani Group listed companies include Adani Enterprises Ltd., Adani Ports and Special Economic Zone Ltd., Adani Power Ltd., Adani Green Energy Ltd. and Adani Transmission Ltd.. These companies operate in diverse sectors such as infrastructure, energy, defence, logistics and resources.
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Key Facts About Adani Enterprises Limited
Adani Enterprises is a diversified conglomerate with a wide range of business interests that are spread across various sectors. It is involved in the transport and logistics sector, playing a key role in India’s movement of goods and services. It is also engaged in providing utility services, including power generation and distribution among others.
This Adani company is involved in utilising and managing natural resources, including mining operations. It plays a role in the development and manufacturing of solar energy-related products and solutions. Not only that, Adani Enterprises is involved in improving the nation’s defence capabilities through its activities in the defence and aerospace sectors.
Latest data on Adani Enterprises:
1. Total revenue^ of Adani Enterprises for FY24 was ₹1,08,723.49 crore
2. Net profit^ of Adani Enterprises for FY24 was ₹ 3,335.27 crore
3. BSE share price* of Adani Enterprises: ₹3084.00
4. NSE share price* of Adani Enterprises: ₹3,086.90
5. Market cap* of Adani Enterprises: ₹3,49,461 crore
^Total revenue and net profit are taken from the Annual Report of Adani Enterprises Ltd. FY 2024
*Source for share prices and market cap: Adani Enterprises as of 18 July 2024.
Here is the Adani Enterprise’s stock performance:
Key Facts About Adani Power Limited
Adani Power is committed to ensuring energy security for India through its operational and upcoming power plants. The company has a significant footprint with a power generation capacity of 15,250 MW and over 2,700 employees. In the financial year 2022, Adani Power sold 52.1 billion units. Additionally, the company is involved in initiatives such as the Adani Power Training and Research Institute (APTRI), which contributes to global sustainability and Indian skill development.
Adani Power is one of India’s largest private power producers, involved in thermal and renewable power generation. It also focuses on sustainability by setting new benchmarks through cutting-edge technology and empowering communities with defined human development goals. The company is engaged in community development through the Adani Foundation, touching over 500,000 families through its Corporate Social Responsibility (CSR) initiatives.
Latest data on Adani Power:
1. Total revenue^ of Adani Power for FY24 was ₹49,396.42 crore
2. Net profit^ of Adani Power for FY24 was ₹18,749.24 crore
3. BSE share price* of Adani Power: ₹707.70
4. NSE share price* of Adani Power: ₹712.45
5. Market cap* of Adani Power: ₹ 2,74,787.61 crore
^Total revenue and net profit are taken from the Annual Report of Adani Power Ltd. FY 2024
*Source for share prices and market cap: Adani Power as of 18 July 2024.
Here is the Adani Power’s stock performance:
Key Facts About Adani Green Energy Limited
Adani Green Energy is a major renewable power producer in India, with a commitment to leading the adoption of affordable clean energy in the country. The company focuses on creating a greener future through the development and operation of renewable energy projects. Their efforts are focused on pursuing sustainable practices across operations and they aim to have a portfolio of 50 GW of renewable energy capacity by 2030. Adani Green Energy has a diverse renewable portfolio, including solar, wind and hybrid energy projects, totalling to 21,953 MW in capacity.
Their operations include the development and management of significant renewable energy projects such as the world’s largest single-location solar project of 648 MW in Kamuthi, Tamil Nadu and the world’s largest wind-solar hybrid cluster of 2,140 MW in Jaisalmer, Rajasthan. Additionally, the company focuses on sustainability initiatives, water stewardship and CSR through the Adani Foundation.
Latest data on Adani Green:
1. Total revenue^ of Adani Green for FY24 was ₹12,871 crore
2. Net loss^ of Adani Green for FY24 was ₹546 crore
3. BSE share price* of Adani Green: ₹1746.40
4. NSE share price* of Adani Green: ₹1759.95
5. Market cap* of Adani Green: ₹2,74,869 crore
^Total revenue and net loss are taken from the Annual Report of Adani Green Energy Ltd. FY 2024
*Source for share prices and market cap: Adani Green Energy Ltd. as of 18 July 2024.
Here is the Adani Green Energy’s stock performance:
Key Facts About Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone (SEZ) is a leading integrated logistics player with a strong presence in India. The company is focused on managing ports, terminals, industrial land and warehousing facilities. With a capacity of 580 MMTPA (Million Metric Tons Per Annum) and a network of 13 ports and terminals, it also operates 11 logistics parks.
Latest data on Adani Ports:
1. Total revenue^ of Adani Ports for FY24 was ₹26,710.56 crore
2. Net profit^ of Adani Ports for FY24 was ₹8,103.99 crore
3. BSE share price* of Adani Ports: ₹1,493.30
4. NSE share price* of Ports: ₹1,492.80
5. Market cap* of Adani Ports: ₹3,23,815.63 crore
^Total revenue and net profit are taken from the Annual Report of Adani Ports and SEZ Ltd. FY 2024
*Source for share prices and market cap: Adani Ports and SEZ Ltd. as of 18 July 2024.
Here is the Adani Ports and SEZ’s stock performance:
Key Facts About Adani Energy Solutions Limited
Adani Energy Solutions Limited is the largest private-sector power transmission company in India. The company primarily focuses on power transmission services, playing an important role in transmitting and distributing power in over 17 states. It also contributes to India’s energy security by building newer technologies for a sustainable and innovative energy future. Additionally, they are involved in power generation, transmission and distribution, offering an integrated model for efficient and reliable energy supply across India.
Latest data on Adani Energy:
1. Total revenue^ of Adani Energy for FY24 was ₹2,511.89 crore
2. Net profit^ of Adani Energy for FY24 was ₹ 594.89 crore
3. BSE share price* of Adani Energy: ₹1022.30
4. NSE share price* of Adani Energy: ₹1010.05
5. Market cap* of Adani Energy: ₹1,14,031.24 crore
^Total revenue and net profit are taken from the Annual Report of Adani Energy Solutions Ltd. FY 2024
*Source for share prices and market cap: Adani Energy Solution Ltd. as of 18 July 2024.
Here is the Adani Energy‘s stock performance:
Key Facts About Adani Total Gas Limited
Adani Total Gas is involved in the supply and distribution of natural gas. The company is responsible for various types of gas connections such as residential Piped Natural Gas (PNG), commercial PNG and industrial PNG. It also offers Compressed Natural Gas (CNG) for vehicles.
The company also provides services such as quick bill pay and registration for gas bill auto-payment. Furthermore, the company is committed to COVID-19 relief measures and has initiated various projects and collaborations to improve the Liquefied Natural Gas (LNG) ecosystem in India.
Latest data on Adani Gas:
1. Total revenue^ of Adani Gas for FY24 was ₹4,474 crore
2. Net profit^ of Adani Gas for FY24 was ₹667 crore
3. BSE share price* of Adani Gas: ₹889.70
4. NSE share price* of Adani Gas: ₹888.60
5. Market cap* of Adani Gas: ₹99,642 crore
^Total revenue and net profit are taken from the Annual Report of Adani Total Gas Ltd. FY 2024
*Source for share prices and market cap: Adani Total Gas as of 18 July 2024.
Here is the Adani Total Gas’s stock performance:
Key Facts About Adani Wilmar Limited
Adani Wilmar is an Indian multinational food and beverage conglomerate that specialises in edible oils and other food products. They are one of the largest edible oil companies in India, offering a wide range of products to cater to different customer groups. Their CSR initiatives focus on providing food to those in need across the country. Adani Wilmar operates as a joint venture between the Adani Group and Wilmar International.
Latest data on Adani Wilmar:
1. Total revenue^ of Adani Wilmar for FY24 was ₹51,261 crore
2. Net profit^ of Adani Wilmar for FY24 was ₹170 crore
3. BSE share price* of Adani Wilmar: ₹324.25
4. NSE share price* of Adani Wilmar: ₹324.45
5. Market cap* of Adani Wilmar: ₹42,986 crore
^Total revenue and net profit are taken from the Annual Report of Adani Wilmar FY 2024
*Source for share prices and market cap: Adani Wilmar as of 18 July 2024.
Here is the Adani Wilmar’s stock performance:
Key Facts About Ambuja Cements Limited
Ambuja Cement is India’s leading cement manufacturing and supply company. It has plants and factories that produce Ordinary and Pozzolana Portland (OPP) Cement. Adani Group entered the cement sector by acquiring a majority stake in Ambuja and ACC Ltd. The company is a major player in the Indian cement industry.
Latest data on Amuja Cements:
1. Total revenue^ of Ambuja Cements for FY24 was ₹33,159.64 crore
2. Net profit^ of Ambuja Cements for FY24 was ₹4,738.01 crore
3. BSE share price* of Ambuja Cements: ₹690.40
4. NSE share price* of Ambuja Cements: ₹690.05
5. Market cap* of Ambuja Cements: ₹1,68,810.17 crore
^Total revenue and net profit are taken from the Annual Report of Ambuja Cements FY 2024
*Source for share prices and market cap: Ambuja Cement as of 18 July 2024.
Here is the Ambuja’s stock performance:
Key Facts About ACC Ltd.
ACC Ltd (Formerly known as The Associated Cement Companies Limited) is a leading Indian cement manufacturer. It is India’s first manufacturer of cement and ready-mixed concrete, with a nationwide network of factories. It is also a leading player in the Indian building materials space, producing cement and ready-mixed concrete. It is a subsidiary of Ambuja Cements.
Latest data on ACC Ltd.:
1. Total revenue^ of ACC Ltd. for FY24 was ₹19,952 crore
2. Net profit^ of ACC Ltd. for FY24 was ₹2,336.53 crore
3. BSE share price* of ACC Ltd.: ₹2680.00
4. NSE share price* of ACC Ltd.: ₹2675.50
5. Market cap* of ACC Ltd.: ₹51,000.20 crore
^Total revenue and net profit are taken from the Annual Report of ACC Ltd. FY 2024
*Source for share prices and market cap: ACC Ltd. as of 18 July 2024.
Here is the ACC’s stock performance:
Key Facts About NDTV Ltd
New Delhi Television (NDTV) Limited is an Indian news media company that focuses on broadcast and digital news publications. The company operates many television channels such as NDTV 24×7, NDTV India, NDTV Profit, Good Times, NDTV Madhya Pradesh, NDTV Marathi and NDTV Rajasthan. It is considered a legacy brand in the Indian media landscape. NDTV is also involved in the business of buying, selling and advertising on radio, television, video and other platforms.
Latest data on NDTV:
1. Total revenue^ of NDTV for FY24 was ₹370 crore
2. Net loss^ of NDTV for FY24 was ₹22 crore
3. BSE share price* of NDTV: ₹222.25
4. NSE share price* of NDTV: ₹221.50
5. Market cap* of NDTV: ₹1,441.12 crore
^Total revenue and net loss are taken from the Annual Report of NDTV Ltd. FY 2024
*Source for share prices and market cap: NDTV as of 18 July 2024.
Here is the NDTV’s stock performance:
Wrapping Up
The Adani Group is key to India’s economic ambitions. As a leading integrated business conglomerate, the Adani Group is contributing to India’s economic growth through its diverse operations across sectors such as basic materials, energy, aerospace, defence, real estate utilities, logistics and media channels. And its growth plans continue to shape India.
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