Mumbai, May 2, 2025 – Adani Ports and Special Economic Zone Ltd. sent shockwaves through Dalal Street today, with its shares spiking 6% after the company posted a jaw-dropping 50% jump in net profit for the March quarter. Investors piled in, buoyed by the port giant’s stellar financials and a bullish nod from brokerages, some projecting a 27% upside in the stock’s value.
The Ahmedabad-based conglomerate, a linchpin in India’s maritime trade, reported a consolidated net profit of Rs 3,014 crore for the quarter ending March 31, 2025, up from Rs 2,040 crore a year earlier. Revenue climbed 16% to Rs 7,239 crore, driven by a 7% rise in cargo volumes to 450 million tonnes for the full fiscal year. The company’s cash flow from operations, a hefty Rs 17,226 crore, outstripped its net profit by over 1.5 times, signaling robust financial health.
Adani Ports didn’t just meet expectations—it crushed them. The company surpassed its own fiscal 2025 guidance, with revenue and EBITDA hitting Rs 31,079 crore and Rs 19,025 crore, respectively, both exceeding the upper end of its forecasts. Debt management was another feather in its cap, with net debt-to-EBITDA dropping to 1.9x after paying off Rs 6,060 crore in borrowings. Working capital and debtor days also hit historic lows, a sign of operational grit.
Brokerages wasted no time jumping on the bandwagon. Analysts cited the company’s dominant grip on India’s port sector and its knack for squeezing out efficiencies as reasons to stay bullish. One major firm slapped a target price implying a 27% rally from current levels, pointing to a projected 16% compound annual growth rate in profits through 2027. The stock, already a darling of institutional investors, closed at Rs 1,420 on the BSE, up 6.1% from Thursday’s close.
The quarter’s standout wasn’t just numbers. Adani Ports handled 36% of India’s containerized cargo in fiscal 2025, cementing its role as the country’s logistics backbone. Its 15 ports and terminals, stretching from Mundra to Dhamra, moved goods worth billions, from coal to cars, with surgical precision. The company also issued guidance for fiscal 2026, projecting cargo volumes of 460-480 million tonnes and revenue growth of 12-14%.
Today’s surge caps a strong run for Adani Ports, which has weathered scrutiny over governance and debt in recent years. The company’s focus on deleveraging and operational excellence seems to have won over skeptics, at least for now. Shares have gained 18% year-to-date, outpacing the broader Sensex index.
Adani Ports and Special Economic Zone Ltd. is India’s largest private port operator, handling 27% of the country’s total cargo. The company was founded in 1998 and is part of the Adani Group, with interests in energy, logistics, and agribusiness. Its market capitalization stood at Rs 3.07 lakh crore as of May 2, 2025.