Adani Enterprises logo

Adani Enterprises share price

NSE: ADANIENTBSE: 512599Metals & Minerals TradingLarge Cap

Formerly Adani Exports
Last close ₹2,477.00down ₹73.00 (2.86%)BSE ₹2,488.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹2,550.00.

52-week range of traded prices to 23 Oct 2026
₹1,753.00Low, 30 Mar 2026₹3,245.00High, 6 Jul 2026
Market cap
₹3,35,317 Cr28th largest listed
P/E
45.0
P/E without one-offs
383.9
P/B
4.1
Dividend yield
0.05%
ROE
11.3%
ROE without one-offs
1.3%
ROCE
4.4%
Debt to equity
1.28
Volume, NSE
17,87,85640.9% delivered

Share price

Daily closes since Sep 2018, adjusted for splits and bonuses. Earlier closes are left out: on 6 Sep 2018 a scheme of arrangement changed the share, and its terms are not stated.

−2.7%over a year · Nifty Metal +12.1% · Nifty 500 −9.8%

ResultsSplit, bonus, rights or demerger20-session average 15,77,674 shares a day, 39.5% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 29 Jul

Revenue
₹32,924 Crup 1.49%
Net profit
−₹1,462 CrQuarter to Mar 2026: −₹167 Cr
Net margin
−4.4%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹37,382 Cr, differs from its quarters added, ₹38,034 Cr. From the year to Mar 2024, the company's revenue for that year, ₹96,421 Cr, differs from its quarters added, ₹1,05,472 Cr.

₹ croreSep 2024Filed 31 OctDec 2024Filed 31 JanMar 2025Filed 10 JunJun 2025Filed 31 JulSep 2025Filed 4 NovDec 2025Filed 3 FebMar 2026Filed 1 MayJun 2026Filed 29 Jul
Revenue22,60822,84826,96621,96121,24924,82032,43932,924
Net profit1,9892291,3829763,4145,727−167−1,462
Net margin8.8%1.0%5.1%4.4%16.1%23.1%−0.5%−4.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Integrated Resources Management₹28,362 Crdown 27.76%27.5%
  • New Energy Ecosystem₹15,399 Crup 10.27%15.0%
  • Copper₹15,284 Cr14.8%
  • Airport₹13,215 Crup 31.95%12.8%
  • Road₹6,347 Crdown 34.53%6.2%
  • Commercial Mining₹5,642 Crdown 14.20%5.5%
  • Mining Services₹4,446 Crup 18.99%4.3%
  • Other₹14,290 Crdown 51.92%13.9%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018 and Mar 2024: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 93% of 1,846 trading days over the last 10 years.

LowestHighest
Its median53.7Industry median41.9
Price to book

At or below today's level on 31% of 1,865 trading days since Nov 2018.

LowestHighest
Its median6.5Industry median1.6
EV to EBITDA27.9

At or below today's level on 41% of 1,865 trading days since Nov 2018.

LowestHighest
Its median32.0Industry median25.9
Dividend yield

At or below today's level on 42% of 2,235 trading days over the last 10 years.

LowestHighest
Its median0.06%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−24.0%+17.5%−35.4%0.1%
3 years+0.2%+49.4%−32.9%0.1%
5 years+11.3%––0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth and the change in P/E over 5 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023, Mar 2025 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters71.97%
  • Foreign institutions10.66%
  • Indian institutions10.62%
  • Individuals and others6.74%
Holder
Gautambhai Shantilal Adani and Rajeshbhai Shantilal Adani (on behalf of S.B. Adani Family Trust)Promoter47.43%
Adani Tradeline Private LimitedPromoter8.89%
Life Insurance Corporation of IndiaInsurance companies3.25%
Kempas Trade and Investment LtdPromoter3.06%
Green Enterprises Investment Holding Rsc LimitedForeign companies2.97%
Flourishing Trade and Investment LtdPromoter2.81%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

291 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 142 of the 165 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
4
Bought again
1
Added
130
Cut
35
Held unchanged
118
Sold out
4
Fund
SBI Mutual Fund logoSBI Aggressive Hybrid FundSBI Mutual Fund74,60,8742.51%₹2,166.2 Cr
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund65,76,0460.94%₹1,909.3 Cr
quant Mutual Fund logoquant Small Cap Fundquant Mutual Fund53,42,7084.36%₹1,551.2 Cr
SBI Mutual Fund logoSBI Focused FundSBI Mutual Fund52,48,7053.04%₹1,523.9 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund34,26,8612.46%₹995.0 Cr
SBI Mutual Fund logoSBI ELSS Tax Saver FundSBI Mutual Fund30,28,8002.93%₹879.4 Cr
SBI Mutual Fund logoSBI Large Cap FundSBI Mutual Fund29,09,9981.61%₹844.9 Cr
SBI Mutual Fund logoSBI Multicap FundSBI Mutual Fund28,00,0003.47%₹813.0 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund22,55,2910.94%₹654.8 Cr
SBI Mutual Fund logoSBI Arbitrage FundSBI Mutual Fund22,52,9191.41%₹654.1 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Metals & Minerals Trading, 14 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Adani Enterprises in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
SG Mart logoSG MartSGMART10,04680.86.358.2+9.8%+13.6%8.9%8.0%0.00%
Lloyds Enterprises logoLloyds EnterprisesLLOYDSENT9,520–2.351.3+32.9%––2.5%0.08%
Nupur Recyclers logoNupur RecyclersNRL1,08563.48.150.0+40.7%–13.6%9.5%0.00%
BMW Ventures logoBMW VenturesBMWVENTLTD55213.81.39.7––9.1%11.0%2.35%
Starlineps Enterprises logoStarlineps EnterprisesSTARLENT309508.91.834.4––0.6%3.1%0.00%
Emergent Industrial Solutions logoEmergent Industrial SolutionsEMERGENT221143.57.655.6+112.5%–5.4%12.9%0.00%
Abans Enterprises logoAbans EnterprisesABANSENT2066.41.012.5+191.3%–15.1%6.4%0.00%
La Tim Metal & Industries logoLa Tim Metal & IndustriesLATIMMETAL12313.21.69.5––12.5%11.9%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.30 a share, years to Mar 2024, Mar 2025 and Mar 2026.An empty year paid a dividend that cannot be restated for a later split or bonus.
Ex-dateTypePer share
12 Jun 2026Final₹1.30
13 Jun 2025Final₹1.30
14 Jun 2024Final₹1.30
7 Jul 2023Final₹1.20
14 Jul 2022Final₹1.00
1 Jul 2021Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Adani Enterprises share price by year

Each calendar year to 2025.Adani Enterprises share price history

YearClose at year endChangeHighest closeLowest close
20252,239.70−11.4%2,676.402,096.00
20242,528.65−11.2%3,645.252,150.50
20232,848.95−26.2%3,855.301,193.50
20223,858.35+125.7%4,165.301,543.95
20211,709.45+256.5%1,763.05490.90
2020479.55+130.2%490.85120.90
2019208.35+29.4%218.80116.95
2018161.00–175.60130.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 6 Sep 2018.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20262,545.002,551.102,462.102,477.002,488.4717,87,85640.9%
22 Oct 20262,578.002,592.202,531.502,550.002,556.8010,11,61832.3%
21 Oct 20262,674.002,685.002,567.602,594.502,613.999,31,84633.0%
19 Oct 20262,692.002,701.702,650.002,657.502,671.938,54,30243.6%
16 Oct 20262,714.002,715.602,671.202,692.002,695.318,48,46637.3%
15 Oct 20262,716.402,717.502,670.002,700.002,696.208,35,20522.9%
14 Oct 20262,710.002,734.802,683.002,722.602,710.4714,46,64732.2%
13 Oct 20262,638.002,695.002,610.002,695.002,667.9612,13,91132.4%
12 Oct 20262,641.002,664.202,625.202,630.002,638.7711,12,86940.4%
9 Oct 20262,605.102,653.002,582.302,634.402,622.8616,11,86829.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
17 Nov 2025Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
21 Nov 2024Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
2 Feb 2023Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
1 Feb 2023Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
20 May 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
6 Sep 2018Scheme of arrangement–A scheme of arrangement is a court-approved plan that merges, splits off or reorganises parts of a company. One took effect here and the price moved by a fifth or more between two trading sessions. What shareholders received is not on record, so earlier prices are not shown.
26 Apr 2017Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
3 Jun 2015Scheme of arrangement–A scheme of arrangement is a court-approved plan that merges, splits off or reorganises parts of a company. One took effect here and the price moved by a fifth or more between two trading sessions. What shareholders received is not on record, so earlier prices are not shown.
29 Jul 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
23 Mar 2010Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
10 Dec 2009Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

About Adani Enterprises

Adani Enterprises Limited is the flagship company of the Adani Group, with its registered office in Ahmedabad, Gujarat. It builds emerging infrastructure businesses, supports them until they can stand on their own, and then divests them into separate listed companies.

Its portfolio spans energy and utilities, transport and logistics, and primary industries. Adani New Industries manufactures solar cells and modules and wind turbine generators, and has commissioned a green hydrogen pilot plant. AdaniConneX, a joint venture with EdgeConneX, operates data centres. Adani Airport Holdings manages eight airports, and Adani Road Transport develops roads and highways. In mining services, it develops and operates mines for their owners under long-term contracts. Its integrated resource management business procures natural resources, and its subsidiary Kutch Copper runs a copper smelting and refining complex. It also has water infrastructure and defence and aerospace manufacturing businesses.

In India, the copper complex is at Mundra and the hydrogen pilot plant is in Kutch, both in Gujarat. The airports are in Ahmedabad, Mumbai, Navi Mumbai, Jaipur, Lucknow, Guwahati, Mangaluru and Thiruvananthapuram. The operating data centres are in Chennai, Noida, Hyderabad and Pune. Outside India, its commercial mining business operates the Carmichael mine in Australia.

Businesses it built and moved into separate listed companies include Adani Ports and Special Economic Zone, Adani Energy Solutions, Adani Power, Adani Green Energy and Adani Total Gas. In the year to March 2026 it sold its remaining stake in AWL Agri Business. The Adani Group was founded in 1988 by Gautam Adani, and the Adani family is the company's promoter. A promoter is the person or group that set up a company or controls it.

Legal name
Adani Enterprises Limited
NSE symbol
ADANIENT
BSE code
512599
ISIN
INE423A01024
Industry
Metals & Minerals Trading
Listed
Nov 1994 on BSE, Jun 1997 on NSE
Face value
₹1
Former symbols
ADANIEXPO
CIN
L51100GJ1993PLC019067
Corporate identity number, the registrar of companies' code for it