Adani Ports, India's largest private port operator, reported a 17% increase in net profit for the second quarter, driven by a 24% rise in revenue from operations to ₹11,340 crore compared to ₹9,167 crore in the same period last year. This strong financial performance has led the company to raise its revenue and EBITDA guidance for the fiscal year 2027.
- Revenue from operations increased 24% to ₹11,340 crore in Q2 FY27.
- EBITDA rose 23% to ₹6,806 crore with a margin of 60.02%.
- Domestic ports revenue grew 13%, with an EBITDA margin of 72.5%.
- International ports revenue surged 71%, and EBITDA increased 3.4 times.
- Logistics revenue jumped 21%, and marine revenue increased 57% year-on-year.
- FY27 revenue guidance raised to ₹44,000-₹46,000 crore; EBITDA guidance to ₹26,000-₹27,000 crore.
- Capital expenditure guidance increased to ₹15,000-₹17,000 crore to support Ambition 2031 goals.
How did Adani Ports perform financially in Q2 FY27?
Adani Ports showed significant growth in the second quarter of fiscal year 2027. The company’s revenue from operations rose 24% year-on-year to ₹11,340 crore, up from ₹9,167 crore in the previous year’s quarter. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased by 23% to ₹6,806 crore, with the EBITDA margin slightly decreasing to 60.02% from 60.54% in Q2 FY26. This growth was supported by strong performance across all business segments.
What drove the revenue growth across different business segments?
The revenue growth was broad-based. Domestic ports revenue increased by 13%, achieving an EBITDA margin of 72.5%. International ports saw a remarkable 71% revenue increase, with EBITDA rising more than threefold and an EBITDA margin reaching a record 47.7%. Logistics revenue grew 21%, driven by the expansion of the integrated "shore-to-door" network. Marine revenue surged 57% year-on-year, supported by global fleet expansion and the company’s entry into subsea services.
What are the updated financial guidance and capital expenditure plans?
Following the strong first-half performance, Adani Ports revised its financial guidance for FY27. The company raised its revenue forecast by ₹1,000 crore to a range of ₹44,000-₹46,000 crore. Similarly, EBITDA guidance was increased by ₹1,000 crore to ₹26,000-₹27,000 crore. Additionally, the company increased its capital expenditure guidance by ₹3,000 crore to ₹15,000-₹17,000 crore. This increased investment supports the company’s long-term Ambition 2031 goals, aiming for further growth and expansion.
How did the market react to Adani Ports’ Q2 results?
Following the earnings announcement, shares of Adani Ports traded at ₹1,775.50 on the National Stock Exchange, reflecting a 1.2% gain. This positive market response highlights investor confidence in the company’s growth prospects and financial health.
Adani Ports’ strong quarterly performance and raised guidance demonstrate its robust position in the port and logistics sector. The company’s strategic investments and expansion efforts are expected to sustain its growth trajectory in the coming years.
