We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
14 transcript(s)/analyst meet(s) served; 13 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 14 documents here); elsewhere sentences render unattributed.
Kind
Date
Period
Served
Attribution rate
COVER_LETTER
20220805
2022-06-30
no
COVER_LETTER
20221110
2022-09-30
no
COVER_LETTER
20230217
2022-12-31
no
TRANSCRIPT
20230808
2023-06-30
yes
COVER_LETTER
20240208
2023-12-31
no
COVER_LETTER
20240807
2024-06-30
no
COVER_LETTER
20241105
2024-09-30
no
COVER_LETTER
20250204
2024-12-31
no
COVER_LETTER
20250507
2025-03-31
no
COVER_LETTER
20250805
2025-06-30
no
COVER_LETTER
20251110
2025-09-30
no
COVER_LETTER
20260209
2025-12-31
no
COVER_LETTER
20260507
2026-03-31
no
COVER_LETTER
20260805
2026-06-30
no
ADANIENT
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
Statement division
general
Scope served
consolidated
Panels on this page
4
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
Last close
2,900.00
52-week range
1758.8 – 3212.1
Return 1M
-6.75%
Return 3M
-4.54%
Return 1Y
10.7%
Return 3Y
16.84%
Return 5Y
98.4%
Market capitalisation
not shown — we could not confirm it
Shares outstanding
not shown — we could not confirm it
P/E
not shown — we could not confirm it
P/B
not shown — we could not confirm it
EV/EBITDA
not shown — we could not confirm it
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
Revenue from operations
32,924.00
Other income
622.00
Total income
33,546.00
Cost of materials consumed
14,255.00
Purchases of stock-in-trade
7,343.00
Changes in inventories
-1,860.00
Employee benefit expense
1,094.00
Finance costs
2,421.00
Ownership — 2026-07-07, and the change from 2026-06-30
Holder
Per cent
Change
promoter and promoter group
0.72
-0.03
institutions foreign
0.11
0.02
institutions domestic
0.11
0.01
mutual funds
0.07
0.01
public
0.28
0.03
Documents on file
Class
Most recent
On file
COVER_LETTER
2026-06-30
13
TRANSCRIPT
2023-06-30
1
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
Line
2022-09-30
2022-12-31
2023-03-31
2023-06-30
2023-09-30
2023-12-31
2024-03-31
2024-06-30
2024-09-30
2024-12-31
2025-03-31
2025-06-30
2025-09-30
2025-12-31
2026-03-31
2026-06-30
Revenue from operations
38,175.00
26,612.00
31,346.00
25,438.00
22,517.00
28,336.00
29,180.00
25,472.00
22,608.00
22,848.00
26,966.00
21,961.00
21,249.00
24,820.00
32,439.00
32,924.00
Other income
266.00
339.00
370.00
371.00
549.00
490.00
450.00
594.00
588.00
652.00
636.00
475.00
596.00
656.00
748.00
622.00
Total income
38,441.00
26,951.00
31,716.00
25,810.00
23,066.00
28,827.00
29,630.00
26,067.00
23,196.00
23,501.00
27,602.00
22,437.00
21,844.00
25,475.00
33,187.00
33,546.00
Cost of materials consumed
918.00
1,114.00
1,324.00
2,002.00
1,568.00
1,438.00
2,824.00
1,760.00
1,792.00
2,568.00
3,590.00
3,393.00
4,962.00
7,596.00
11,828.00
14,255.00
Purchases of stock-in-trade
25,823.00
16,421.00
17,809.00
12,744.00
11,773.00
14,855.00
13,354.00
10,100.00
9,669.00
9,068.00
10,978.00
7,399.00
6,953.00
7,462.00
7,341.00
7,343.00
Changes in inventories
3,124.00
2,089.00
1,161.00
191.00
-221.00
-775.00
-311.00
1,593.00
-548.00
474.00
326.00
-120.00
-1,778.00
-1,812.00
886.00
-1,860.00
Employee benefit expense
432.00
423.00
499.00
574.00
587.00
549.00
622.00
878.00
742.00
741.00
757.00
963.00
898.00
894.00
903.00
1,094.00
Finance costs
934.00
596.00
1,525.00
1,103.00
1,343.00
597.00
1,513.00
1,130.00
910.00
2,141.00
1,796.00
1,035.00
1,711.00
1,626.00
1,646.00
2,421.00
Depreciation and amortisation
531.00
592.00
895.00
714.00
757.00
760.00
811.00
934.00
1,035.00
1,006.00
1,236.00
1,284.00
1,377.00
1,372.00
2,103.00
1,926.00
Other expenses
6,009.00
4,937.00
6,966.00
7,405.00
6,381.00
9,043.00
9,496.00
7,436.00
7,187.00
6,926.00
7,605.00
7,017.00
6,909.00
7,037.00
7,750.00
7,074.00
Total expenses
37,771.00
26,171.00
30,180.00
24,731.00
22,187.00
26,466.00
28,309.00
23,831.00
20,787.00
22,925.00
26,289.00
20,970.00
21,030.00
24,176.00
32,458.00
32,252.00
Profit before exceptional items and tax
670.00
780.00
1,537.00
1,079.00
879.00
2,361.00
1,322.00
2,236.00
2,409.00
576.00
1,313.00
1,466.00
814.00
1,300.00
729.00
1,295.00
Exceptional items
0.00
0.00
-369.00
0.00
-88.00
0.00
-627.00
0.00
0.00
0.00
1,313.00
0.00
3,583.00
5,632.00
0.00
-2,644.00
Profit before tax
670.00
780.00
1,168.00
1,079.00
791.00
2,361.00
694.00
2,236.00
2,409.00
576.00
2,626.00
1,466.00
4,398.00
6,932.00
729.00
-1,349.00
Current tax
216.00
168.00
197.00
301.00
394.00
440.00
471.00
466.00
472.00
479.00
1,360.00
659.00
1,060.00
1,462.00
704.00
467.00
Deferred tax
16.00
-25.00
248.00
60.00
3.00
3.00
-41.00
118.00
41.00
109.00
-76.00
-88.00
-59.00
-57.00
150.00
-248.00
Tax expense
231.00
143.00
445.00
360.00
398.00
443.00
430.00
584.00
512.00
588.00
1,284.00
571.00
1,001.00
1,405.00
854.00
219.00
Profit for the period
432.00
740.00
781.00
677.00
333.00
1,973.00
352.00
1,772.00
1,989.00
229.00
1,382.00
976.00
3,414.00
5,727.00
-167.00
-1,462.00
Profit attributable to owners
461.00
820.00
722.00
674.00
228.00
1,888.00
451.00
1,454.00
1,742.00
58.00
3,845.00
734.00
3,199.00
5,627.00
-221.00
-1,160.00
Profit attributable to non-controlling interests
-29.00
-80.00
58.00
3.00
106.00
84.00
-98.00
318.00
247.00
171.00
170.00
242.00
216.00
100.00
54.00
-301.00
Other comprehensive income
585.00
64.00
19.00
-50.00
274.00
-157.00
271.00
-160.00
-53.00
957.00
-111.00
-259.00
599.00
-56.00
542.00
-119.00
Total comprehensive income
1,018.00
804.00
799.00
627.00
607.00
1,816.00
623.00
1,613.00
1,936.00
1,186.00
1,271.00
717.00
4,014.00
5,671.00
375.00
-1,580.00
Earnings per share, basic
8.10
7.21
6.34
5.91
2.00
16.57
3.49
12.30
14.82
0.04
32.98
6.02
27.38
46.78
-1.71
-8.91
Earnings per share, diluted
8.10
7.21
6.34
5.91
2.00
16.57
3.49
12.30
14.82
0.04
32.98
6.02
27.38
46.12
-1.71
-8.91
Annual results, as filed
Line
2019-03-31
2020-03-31
2021-03-31
2022-03-31
2023-03-31
2024-03-31
2025-03-31
2026-03-31
Revenue from operations
40,379.00
43,403.00
39,537.00
69,420.00
136,978.00
96,421.00
97,895.00
100,469.00
Other income
572.00
684.00
754.00
1,013.00
1,197.00
1,861.00
2,470.00
2,475.00
Total income
40,951.00
44,086.00
40,291.00
70,433.00
138,175.00
98,282.00
100,365.00
102,943.00
Cost of materials consumed
1,223.00
1,750.00
1,949.00
2,503.00
4,052.00
7,831.00
9,711.00
27,778.00
Purchases of stock-in-trade
32,598.00
32,600.00
27,842.00
55,149.00
99,188.00
43,676.00
39,814.00
29,155.00
Changes in inventories
-500.00
310.00
457.00
-3,934.00
-327.00
-1,116.00
1,845.00
-2,825.00
Employee benefit expense
656.00
682.00
829.00
1,181.00
1,877.00
2,331.00
3,119.00
3,658.00
Finance costs
1,625.00
1,572.00
1,377.00
2,526.00
3,970.00
4,555.00
5,978.00
6,019.00
Depreciation and amortisation
390.00
472.00
537.00
1,248.00
2,436.00
3,042.00
4,211.00
6,135.00
Other expenses
4,432.00
5,775.00
5,955.00
10,809.00
23,360.00
32,322.00
29,155.00
28,713.00
Total expenses
40,425.00
43,163.00
38,946.00
69,481.00
134,556.00
92,641.00
93,832.00
98,634.00
Profit before exceptional items and tax
526.00
924.00
1,345.00
952.00
3,619.00
5,640.00
6,533.00
4,309.00
Exceptional items
-158.00
199.00
-259.00
0.00
-369.00
-715.00
3,946.00
9,215.00
Profit before tax
368.00
1,122.00
1,086.00
952.00
3,250.00
4,925.00
10,479.00
13,525.00
Current tax
168.00
241.00
123.00
391.00
770.00
1,606.00
2,776.00
3,884.00
Deferred tax
-23.00
83.00
217.00
85.00
271.00
25.00
192.00
-53.00
Tax expense
145.00
324.00
340.00
477.00
1,041.00
1,632.00
2,969.00
3,831.00
Profit for the period
506.00
1,040.00
1,046.00
788.00
2,422.00
3,335.00
8,005.00
9,951.00
Profit attributable to owners
717.00
1,138.00
-712.00
777.00
2,473.00
3,241.00
7,099.00
9,339.00
Profit attributable to non-controlling interests
-211.00
-98.00
0.00
11.00
-51.00
94.00
906.00
611.00
Other comprehensive income
683.00
1,238.00
-712.00
446.00
1,369.00
339.00
633.00
826.00
Total comprehensive income
1,189.00
2,278.00
334.00
1,233.00
3,790.00
3,674.00
8,638.00
10,777.00
Earnings per share, basic
5.69
10.35
8.39
7.06
21.78
27.24
60.55
75.66
Earnings per share, diluted
5.69
10.35
8.39
7.06
21.78
27.24
60.55
73.59
Balance sheet, as filed
Line
2022-09-30
2023-03-31
2023-09-30
2024-03-31
2024-09-30
2025-03-31
2025-09-30
2026-03-31
Total assets
123,091.00
141,488.00
148,150.00
160,732.00
181,768.00
198,136.00
221,408.00
261,600.00
Non-current assets
79,340.00
104,366.00
112,124.00
123,872.00
145,364.00
157,391.00
174,371.00
200,627.00
Current assets
43,751.00
37,022.00
36,014.00
36,526.00
35,572.00
40,726.00
47,021.00
60,959.00
Property, plant and equipment
31,996.00
34,988.00
35,662.00
58,699.00
43,753.00
67,155.00
52,584.00
98,374.00
Capital work-in-progress
15,037.00
17,699.00
22,348.00
21,931.00
29,745.00
31,857.00
41,329.00
28,815.00
Goodwill
301.00
887.00
904.00
1,040.00
1,040.00
1,086.00
1,254.00
899.00
Other intangible assets
7,419.00
20,938.00
6,058.00
5,999.00
6,167.00
8,796.00
8,861.00
15,617.00
Inventories
10,021.00
6,918.00
7,520.00
9,487.00
10,891.00
10,287.00
13,331.00
18,713.00
Trade receivables
15,974.00
12,553.00
7,586.00
9,793.00
6,921.00
9,616.00
7,713.00
12,543.00
Cash and cash equivalents
1,144.00
1,882.00
1,640.00
2,307.00
1,245.00
3,106.00
4,412.00
6,267.00
Total equity and liabilities
123,091.00
141,488.00
148,150.00
160,732.00
181,768.00
198,136.00
221,408.00
261,600.00
Equity
36,176.00
37,890.00
41,740.00
44,186.00
47,608.00
56,470.00
61,578.00
89,178.00
Equity share capital
114.00
114.00
114.00
114.00
114.00
115.00
115.00
129.00
Other equity
31,438.00
32,937.00
36,558.00
38,962.00
41,782.00
50,199.00
53,941.00
80,797.00
Total liabilities
86,915.00
103,598.00
106,410.00
116,546.00
134,160.00
141,665.00
159,830.00
172,422.00
Non-current liabilities
37,861.00
58,795.00
61,325.00
71,894.00
81,790.00
94,282.00
111,194.00
113,510.00
Current liabilities
49,054.00
44,803.00
45,085.00
44,058.00
51,308.00
47,383.00
48,636.00
58,912.00
Borrowings, non-current
26,337.00
32,590.00
34,310.00
43,718.00
52,453.00
64,601.00
77,496.00
94,178.00
Borrowings, current
13,687.00
5,730.00
7,792.00
6,406.00
11,405.00
11,635.00
14,569.00
19,524.00
Trade payables
28,555.00
28,547.00
23,878.00
24,669.00
22,594.00
20,868.00
18,000.00
20,290.00
Cash flow, as filed
Line
2022-09-30
2023-03-31
2023-09-30
2024-03-31
2024-09-30
2025-03-31
2025-09-30
2026-03-31
Net cash from operating activities
5,746.00
17,626.00
8,221.00
10,311.00
5,891.00
4,530.00
628.00
2,357.00
Net cash from investing activities
-11,390.00
-16,860.00
-11,802.00
-19,082.00
-17,701.00
-26,259.00
-12,750.00
-28,438.00
Net cash from financing activities
4,545.00
-1,198.00
3,075.00
8,879.00
11,110.00
21,947.00
13,058.00
28,484.00
Purchase of property, plant and equipment
6,365.00
14,725.00
11,499.00
22,366.00
15,032.00
29,171.00
13,080.00
33,369.00
Net increase in cash
231.00
970.00
-242.00
471.00
-978.00
768.00
1,307.00
3,161.00
con:CFO.BEFORE_TAX
6,220.00
18,536.00
8,874.00
12,018.00
6,827.00
6,625.00
1,977.00
5,069.00
con:INTEREST_RECEIVED.OPERATING
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
con:INTEREST_PAID.OPERATING
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
con:DIVIDENDS_RECEIVED.OPERATING
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
con:TAX_PAID.OPERATING
473.00
910.00
654.00
1,708.00
937.00
2,095.00
1,348.00
2,712.00
con:CF_OTHER.OPERATING
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
con:INVESTMENTS_PURCHASED
0.00
169.00
12.00
12.00
3.00
55.00
4.00
4.00
con:INVESTMENTS_SOLD
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
con:PPE_DISPOSALS
0.00
70.00
119.00
120.00
320.00
364.00
17.00
19.00
con:CF_INVESTING.SUBSIDIARIES_SOLD
0.00
0.00
8.00
159.00
0.00
0.00
0.00
0.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED
0.00
914.00
5.00
13.00
0.00
142.00
282.00
713.00
con:CF_INVESTING.JV_SOLD
0.00
28.00
0.00
0.00
0.00
0.00
0.00
0.00
con:CF_INVESTING.JV_ACQUIRED
396.00
1,372.00
100.00
1,070.00
813.00
1,139.00
375.00
2,262.00
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
Holder
2023-09-30
2023-12-31
2024-03-31
2024-06-30
2024-09-30
2024-12-31
2025-03-31
2025-06-30
2025-09-30
2025-12-11
2025-12-31
2026-03-31
2026-06-30
2026-07-07
Promoter and promoter group
72.61
72.61
72.61
74.72
74.89
73.97
73.97
73.97
0.74
0.74
0.74
0.75
0.75
0.72
Domestic institutions
5.65
5.44
5.77
6.02
6.45
6.61
6.86
7.04
0.07
0.07
0.07
0.07
0.09
0.11
Mutual funds
—
—
—
—
—
—
—
2.67
0.02
0.03
0.03
0.03
0.05
0.07
Insurance companies
4.26
3.95
4.02
4.22
4.20
4.18
4.31
4.33
0.04
0.04
0.04
0.04
0.04
0.04
Foreign institutions
14.53
14.65
14.41
11.74
11.30
11.73
11.71
11.54
0.12
0.12
0.12
0.11
0.09
0.11
Government
—
—
—
—
—
—
—
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Public
27.39
27.39
27.39
25.28
25.11
26.03
26.03
26.03
0.26
0.26
0.26
0.25
0.25
0.28
Non-institutional
7.22
7.29
7.21
7.52
7.35
7.69
7.46
7.44
0.07
0.08
0.08
0.08
0.07
0.07
Shares outstanding
1140001121
1140001121
1140001121
1140001121
1140001121
1154180729
1154180729
1154180729
1154180729
1154180729
1154180729
1291654997
1300920098
1352949234
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2023-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
Counterparty
Relationship
Type
Amount in the period
Transactions
Adani Airport Holdings Limited
Wholly Owned Subsidiary of AEL
Any other transaction, Interest paid, Interest recei
98,295,300,000.00
110
Adani Global Pte Limited
Wholly Owned Subsidiary of AEL
Any other transaction, Interest paid, Purchase of go
94,719,400,000.00
26
Talabira (Odisha) Mining Private Limited
Wholly Owned Subsidiary of AEL
Any other transaction, Interest received, Sale of go
91,447,400,000.00
21
Adani Properties Private Limited
Other Related Party
Any other transaction, Interest paid
67,259,700,000.00
17
Mumbai International Airport Limited
Subsidiary of AEL
Any other transaction, Sale of goods or services
65,461,600,000.00
33
Adani Power Limited
Other Related Party
Any other transaction, Purchase of goods or services
43,333,100,000.00
107
Mundra Solar PV Limited
Subsidiary of AEL
Any other transaction, Interest received, Purchase o
34,936,600,000.00
25
ADANI GLOBAL FZE
Wholly Owned Subsidiary of AEL
Any other transaction, Sale of goods or services
30,471,600,000.00
4
Adani Road Transport Limited
Wholly Owned Subsidiary of AEL
Any other transaction, Interest paid, Interest recei
29,171,400,000.00
86
Adani Global FZE
Wholly Owned Subsidiary of AEL
Any other transaction, Purchase of goods or services
27,638,200,000.00
7
Adani Infra (India) Limited
Other Related Party
Any other transaction, Interest paid, Interest recei
23,031,000,000.00
47
Budaun Hardoi Road Private Limited
Wholly Owned Subsidiary of AEL
Any other transaction, Interest received, Sale of go
22,615,300,000.00
15
Carmichael Rail Network Trust
Joint Venture of AEL or any of its
Any other transaction, Interest paid, Interest recei
17,901,200,000.00
16
Kutch Copper Limited
Wholly Owned Subsidiary of AEL
Any other transaction, Sale of goods or services
17,440,500,000.00
20
Mahan Energen Limited
Other Related Party
Any other transaction, Purchase of goods or services
16,612,600,000.00
8
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
Topic
Q1FY24
Capex
In the journey of AEL, our ESG philosophy were embedded into the fundamental plan with the significant mode of CAPEX going into our green hydrogen bus…
Capital allocation
It provides a full-service range, right from seeking various approvals, land acquisition, R&R, developing required infrastructure, mining, beneficiati…
Demand
For the sustained long-term value, AEL has made significant progress in our attractive incubation pipeline.
Guidance
The other element of it which you refer to being the electrolyzers, all the agreements in relation to the technologies are in place and we expect some…
Margin
This Q1 FY24 is powered by the emergence of green-hydrogen business, Adani New Industries Limited that now contributes over 10% of EBITDA.
People
So, what exactly must be the trend going forward and also our utilization levels, if I am not wrong, are somewhere around 60%.