NSEI:ADANIENT

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Executive Summary

Adani Enterprises Limited, together with its subsidiaries, engages in the coal trading, coal mining, oil and gas exploration, ports, multi-modal logistics, power generation and transmission, gas distribution, and edible oil and agro commodities businesses in India and internationally.


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.

Share Price & News

How has Adani Enterprises's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ADANIENT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.3%

ADANIENT

5.7%

IN Trade Distributors

1.3%

IN Market


1 Year Return

51.3%

ADANIENT

39.8%

IN Trade Distributors

4.2%

IN Market

Return vs Industry: ADANIENT exceeded the Indian Trade Distributors industry which returned 39.8% over the past year.

Return vs Market: ADANIENT exceeded the Indian Market which returned 4.2% over the past year.


Shareholder returns

ADANIENTIndustryMarket
7 Day6.3%5.7%1.3%
30 Day32.0%21.3%6.7%
90 Day40.2%40.2%23.2%
1 Year52.4%51.3%40.8%39.8%6.1%4.2%
3 Year215.5%74.3%35.2%8.4%3.5%-1.4%
5 Year333.8%137.6%90.5%49.8%32.9%23.0%

Price Volatility Vs. Market

How volatile is Adani Enterprises's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Adani Enterprises undervalued compared to its fair value and its price relative to the market?

38.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ADANIENT (₹197.7) is trading above our estimate of fair value (₹119.09)

Significantly Below Fair Value: ADANIENT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ADANIENT is poor value based on its PE Ratio (38.4x) compared to the IN Trade Distributors industry average (19.7x).

PE vs Market: ADANIENT is poor value based on its PE Ratio (38.4x) compared to the Indian market (14.5x).


Price to Earnings Growth Ratio

PEG Ratio: ADANIENT is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: ADANIENT is overvalued based on its PB Ratio (1.3x) compared to the IN Trade Distributors industry average (0.6x).


Next Steps

Future Growth

How is Adani Enterprises forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

37.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ADANIENT's forecast earnings growth (37.7% per year) is above the savings rate (7.2%).

Earnings vs Market: ADANIENT's earnings (37.7% per year) are forecast to grow faster than the Indian market (24% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ADANIENT's revenue (7% per year) is forecast to grow slower than the Indian market (10.4% per year).

High Growth Revenue: ADANIENT's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ADANIENT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Adani Enterprises performed over the past 5 years?

-11.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADANIENT has high quality earnings.

Growing Profit Margin: ADANIENT's current net profit margins (1.5%) are lower than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: ADANIENT's earnings have declined by 11.2% per year over the past 5 years.

Accelerating Growth: ADANIENT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ADANIENT had negative earnings growth (-49%) over the past year, making it difficult to compare to the Trade Distributors industry average (3.8%).


Return on Equity

High ROE: ADANIENT's Return on Equity (2.2%) is considered low.


Next Steps

Financial Health

How is Adani Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: ADANIENT's short term assets (₹241.8B) exceed its short term liabilities (₹232.9B).

Long Term Liabilities: ADANIENT's short term assets (₹241.8B) exceed its long term liabilities (₹54.0B).


Debt to Equity History and Analysis

Debt Level: ADANIENT's debt to equity ratio (68.2%) is considered high.

Reducing Debt: ADANIENT's debt to equity ratio has reduced from 278.8% to 68.2% over the past 5 years.

Debt Coverage: ADANIENT's debt is not well covered by operating cash flow (19.8%).

Interest Coverage: ADANIENT's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Adani Enterprises's current dividend yield, its reliability and sustainability?

0.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ADANIENT's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: ADANIENT's dividend (0.51%) is low compared to the top 25% of dividend payers in the Indian market (2.52%).


Stability and Growth of Payments

Stable Dividend: ADANIENT's dividend payments have been volatile in the past 10 years.

Growing Dividend: ADANIENT's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.4%), ADANIENT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Rajeshbhai Adani (56 yo)

no data

Tenure

₹42,600,000

Compensation

Mr. Rajeshbhai Shantilal Adani, B.Com., has been Non Independent Non-Executive Director at Adani Power Limited since July 10, 2020. Mr. Adani serves as the Managing Director at Adani Wilmar Limited. Mr. Ad ...


CEO Compensation Analysis

Compensation vs Market: Rajeshbhai's total compensation ($USD569.94K) is about average for companies of similar size in the Indian market ($USD790.69K).

Compensation vs Earnings: Rajeshbhai's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Gautambhai Adani
Executive Chairmanno data₹21.70m0.80%
₹ 1.8b
Rajeshbhai Adani
MD & Directorno data₹42.60mno data
Jugeshinder Singh
Group Chief Financial Officer1.25yrs₹126.06mno data
Jatinkumar Jalundhwala
Joint President of Legal5.25yrs₹19.90m0.000060%
₹ 132.6k
Vinay Goel
CEO of Natural Resources & Executive Director3yrs₹156.90mno data
Pranav Adani
MD of Agro5.33yrs₹30.40mno data
Ashish Rajvanshi
President & Head of Chairman's Office0.083yrno datano data
Sudipta Bhattacharya
Group CTO & CEO of Adani Group North Americano datano datano data
Paresh Chaudhry
Group President of Corporate Communication2.5yrsno datano data
Malay Mahadevia
Group Human Resources0.083yrno datano data
Pradeep Bhargava
Head of Management Assurance & Audit Servicesno datano datano data
Vijay Jain
Head of Hydro Projects and Joint President10.92yrsno datano data

1.3yrs

Average Tenure

57.5yo

Average Age

Experienced Management: ADANIENT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gautambhai Adani
Executive Chairmanno data₹21.70m0.80%
₹ 1.8b
Rajeshbhai Adani
MD & Directorno data₹42.60mno data
Vinay Goel
CEO of Natural Resources & Executive Director3yrs₹156.90mno data
Pranav Adani
MD of Agro5.33yrs₹30.40mno data
Hemant Nerurkar
Independent Non-Executive Director5yrs₹2.03mno data
Priti Adani
Chairperson of Adani Foundationno datano datano data
Vijaylaxmi Joshi
Independent Non-Executive Director3.67yrs₹1.95mno data
Narendra Mairpady
Additional Non Executive Independent Director2.67yrs₹1.65mno data
Venkataraman Subramanian
Independent Non-Executive Director4yrs₹2.05mno data

3.8yrs

Average Tenure

60yo

Average Age

Experienced Board: ADANIENT's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Adani Enterprises Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Adani Enterprises Limited
  • Ticker: ADANIENT
  • Exchange: NSEI
  • Founded: 1988
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: ₹220.952b
  • Shares outstanding: 1.10b
  • Website: https://www.adanienterprises.com

Location

  • Adani Enterprises Limited
  • Adani Corporate House
  • Shantigram
  • Ahmedabad
  • Gujarat
  • 382421
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
512599BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2001
ADANIENTNSEI (National Stock Exchange of India)YesEquity SharesININRJul 2001

Biography

Adani Enterprises Limited, together with its subsidiaries, engages in the coal trading, coal mining, oil and gas exploration, ports, multi-modal logistics, power generation and transmission, gas distributi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/13 13:43
End of Day Share Price2020/08/12 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.