Adani Portfolio Achieves Record TTM EBITDA of ₹86,789 Crore, Infrastructure Sector Soars
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Synopsis
The Adani Portfolio has achieved a record TTM EBITDA of ₹86,789 crore, driven by its core infrastructure business, which contributed significantly to overall performance. The group maintains a strong liquidity position and continues to expand its global leadership in various sectors.
Key Takeaways
- TTM EBITDA reached ₹86,789 crore.
- Core infrastructure businesses contribute 84% of EBITDA.
- Cash flow after tax was ₹58,908 crore.
- 75% of Run-rate EBITDA from 'AA-' rated assets.
- Robust growth in incubating infrastructure sectors.
Ahmedabad, Feb 20 (NationPress) Driven by its core infrastructure sector, the Adani Portfolio has reached an unprecedented trailing-twelve-month (TTM) EBITDA of ₹86,789 crore, as reported by the Adani Group on Thursday.
The core infrastructure sectors, which include utility, transport, and incubation businesses under Adani Enterprises Ltd, contributed to 84 percent of the total EBITDA.
On a TTM basis, the portfolio's EBITDA saw a 10.1 percent increase (year-on-year), achieving a record of ₹86,789 crore, while EBITDA for Q3 FY25 rose by 17.2 percent to ₹22,823 crore, according to the Adani Group, recognized as India’s largest infrastructure entity.
Companies within the Adani Portfolio are currently on a significant capital expenditure trajectory, supported by a robust cash flow generation and project execution capability.
“This will establish the respective portfolio companies as global frontrunners in their sectors,” the company stated.
The operational cash flow, or cash post-tax, stood at ₹58,908 crore, with the total asset base at ₹5.53 lakh crore, and net debt to EBITDA at 2.46 times (as of September 30, 2024).
Ample liquidity is maintained across portfolio companies to meet debt servicing obligations for at least the next 12 months, according to the Group.
The consistently strong ‘Core Infrastructure’ portfolio remains a key driver of cash flow generation, contributing 84 percent to the overall portfolio EBITDA.
This ‘Core Infrastructure’ platform includes AEL’s incubating businesses, Utility (Adani Green Energy, Adani Power, Adani Energy Solutions, and Adani Total Gas), and Transport (Adani Ports and SEZ) sectors.
The credit standing has reached an important milestone, with 75 percent of the Run-rate EBITDA generated from assets rated ‘AA-‘ and above.
Adani Enterprises’ incubating infrastructure sectors (ANIL, airports, and roads) are on a robust growth path, displaying an EBITDA growth of 45.6 percent YoY in Q3 FY25 and 33.3 percent on a TTM basis.
“As of September 30, 2024, the Adani Portfolio had a cash balance of ₹53,024 crore, representing 20.5 percent of Gross Debt,” it added.
The Adani Group stands as India’s largest and rapidly expanding portfolio of diversified businesses. With interests spanning energy and utilities, transport and logistics (including seaports, airports, shipping, and rail), metals and materials, and consumer sectors, the Adani Group has secured a commanding market position.
