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Listed Companies Of Adani Group And Their Performance

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In the recent past Mr Gautam Adani's wealth has soared to new heights and have added nearly $36 Billion wealth to its kitty in the year 2021. With a new debate in the market -how soon Mr Gautam Adani will surpass RIL Chairman Mr Mukesh Ambani in wealth and become highest wealth grosser representing India in Forbes Wealth List, let's take a look into financial indicators of its listed companies and the brief history of Adani Group how he made up such a fortune out of his companies.

 

1. Adani Enterprises

Stock Price: Rs 1700.95

Market Cap: 1.87LCr

P/E ratio: 203

Adani Enterprises is holding company which is primarily engaged in mining and trading of coal and iron ore on a standalone basis, and acts as an incubator for Adani Group's new businesses. The company has three main subsidiaries: Adani Wilmar (food processing), Adani Airport Holdings (airport operations) and Adani Road Transport (road development).

Adani Wilmar: Incorporated in 1999, Adani Wilmar is an edible oil food processing company and is a joint venture between Adani Group and Wilmar International .In November 2000, Adani Wilmar launched its flagship brand "Fortune" under which it produces and sells edible oil, rice, wheat flour, gram flour, pulses, sugar and soya nugget

Adani Airport Holdings: Adani Airport Holdings is the airport management and operation subsidiary of Adani Enterprises. It is the majority stakeholder in Mumbai International Airport Limited (MIAL), which operates the Chhatrapati Shivaji Maharaj International Airport

Adani Road Transport: Adani Road Transport undertakes construction, operations and maintenance of roads, highways, expressways and tollways.

Former subsidiaries Adani Ports & SEZ, Adani Power and Adani Transmission was demerged from Adani Enterprises in 2015 and the company Adani Green Energy and Adani Gas were demerged in 2018.

 2. Adani Green Energy
 

2. Adani Green Energy

Stock Price: Rs 1277.25

Market Cap: 1.99LCr

P/E ratio: 1073

Adani Green Energy is the renewable energy arm of the group with portfolio of 5,290 MW of wind and solar power plants. The company is in growth phase and is looking forward to align its policy with Government targets to meet environmental objectives to become zero carbon emission country in near future through its Green Energy Mission.

3. Adani Ports & SEZ

Stock Price: Rs 834.05

Market Cap: 1.70 Lakh Crore

P/E ratio: 33.94

Adani Ports and SEZ is the largest private port company and special economic zones in India. The company is headed by Karan Adani, CEO of APSEZ. The company's operations include Port managemen, logistics and the special economic zones. In August 2020 the Mundra Port became largest container port in India surpassing JNPT.

4. Adani Power

Stock Price: Rs 105.8

Market Cap: 40,800 Crore

P/E ratio: 32.14

Adani Power was established in August 1996. ]The company develops and maintains power projects in India. The firm has a combined installed capacity of 10,440 MW with four thermal power projects across India.

The company has operationally following subsidiaries:

· Adani Power Maharashtra Limited

· Adani Power Rajasthan Limited

· Adani Power Dahej Limited

· Mundra Power SEZ Limited

· Adani Power (Overseas) Limited

5. Adani Total Gas

Stock Price: Rs 1,636

Market Cap: 1.80LCr

P/E ratio: 388.95

Adani Total Gas is a city gas distribution company mainly serving both industrial and residential customers in Gujarat. It is a joint ventur between Adani Group and the French oil and gas company Total SE. Its Industry Peers are Indraprastha Gas, Gujarat Gas and Mahanagar Gas.

6. Adani Transmission

Stock Price: Rs 1,605

Market Cap: 1.76 Lakh Crore

P/E ratio: 143.94

Integrated in 2013, Adani Transmiss handles the commissioning, operations and maintenance of electric power transmission systems. The holding company holds, operates and maintains 8,511 circuit kilometres of transmission lines that range from 400 to 765 kilovolts. The total transmission capacity of the company is 16,200 MW.

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