Adani Enterprises Share Price Target for 2024, 2025, 2026, 2027, 2028

Adani Enterprises Limited (AEL) is an Indian multinational publicly-listed conglomerate headquartered in Ahmedabad, India. It is the flagship company of the Adani Group, one of India’s largest diversified business houses. AEL is primarily involved in infrastructure, commodities, power generation, and transmission.

Adani Enterprises Overview

Attribute Description
Company Name Adani Enterprises Limited (AEL)
Headquarters Ahmedabad, India
Industry Conglomerate
Sectors Infrastructure, commodities, power generation, transmission, mining, ports & logistics, renewable energy, airports, city gas distribution
Founder Gautam Adani
Year Founded 1988
Revenue (2022-23) ₹215,542 crore (US$26.4 billion)
Net Income (2022-23) ₹38,581 crore (US$4.7 billion)
Number of Employees 33,000
Stock Exchanges BSE, NSE
Indices Sensex, Nifty 50, MSCI India
Criticisms Environmental impact, reliance on coal-based power generation
Sustainability Initiatives Investments in renewable energy, target of 45% renewable power generation capacity by 2030

Adani Enterprises Products

Category Description
Infrastructure: * Ports & Logistics: Operating ports, terminals, and logistics infrastructure across India. * Road, Metro & Rail: Building and managing roads, metro lines, and railway infrastructure. * Airports: Operating and developing airports across India, including Mumbai International Airport. * Data Centers: Building and operating a network of hyperscale data centers.
Commodities: * Mining: Supplying coal, iron ore, copper, and bauxite through mining operations. * Integrated Resource Management: Sourcing and delivering coal to Indian customers.
Power: * Power Generation: Generating electricity through thermal and renewable power plants. * Power Transmission: Operating and managing power transmission networks. * City Gas Distribution: Supplying natural gas to residential and commercial consumers across various cities.
Renewable Energy: * Solar Manufacturing: India’s largest integrated solar manufacturing company, producing solar modules and equipment. * Wind Power: Developing and operating wind farms across India. * Green Hydrogen: Building an ecosystem for green hydrogen production and derivatives like green fertilizers.
Other Businesses: * Defence & Aerospace: Supplying equipment and services to the Indian defense sector. * Edible Oils & Food: Producing and distributing edible oils and food products under the Fortune brand. * Water Management: Developing and managing water treatment plants and infrastructure. * Incubation: Supporting and investing in innovative startups across various sectors.

Adani Enterprises Share Price Target-

Adani Enterprises Awards and Recognition

Year Award Category/Organization Notable Achievement
2023 Aegis Graham Bell Award Innovation in Manufacturing ANIL Ecosystem for utilizing ETP waste chemical sludge in other organizations
2022 Golden Peacock Eco-Innovation Award Environmental Innovation AGEL for utilizing ETP Sludge to be disposed in landfills
2022 Leaders Award Sustainability 4.0 Award Adani Green Energy Ltd for sustainability efforts
2021 CII National Award Beyond the Fence AEL for excellence in water management through Project Jeewan Amrit
2021 ICC Social Impact Award Women Empowerment Adani Foundation for initiatives related to empowering women
2021 ABCI Awards Excellence in Communication Initiatives AEL for communication achievements
2021 Greentech Safety Award Environment Protection AEL for environmental protection strategies
2020 Times CSR Award Contribution to Uplifting Malnourished Children and Expectant Mothers AWL’s Fortune SuPoshan program
2020 CII Food Safety Awards Excellence in Food Safety AWL’s Mangalore and Kakinada refineries
2020 CII Food Safety Awards Sector-Specific Best-in-Class Manufacturing Practices AWL’s Neemuch Besan and Mundra Rice offerings
2020 SEA Award Highest Processor and Exporters The Solvent Extractors’ Association of India for Rapeseed & Castorseed Oilcake

Adani Enterprises Fundamentals

Metric Value Comment
Market Capitalization ₹3,20,044.00 crore Large-cap company with significant influence.
Revenue ₹215,542 crore Strong, consistent growth over the past years.
EBITDA ₹72,000 crore (assumed)
EPS ₹63.01
P/E Ratio 118.00 High compared to sector average, indicating high expectations for future growth.
P/B Ratio 2.50 (assumed)
Dividend Yield 0.50% (assumed) Low compared to other companies in the sector.
Debt/Equity Ratio 1.13 Moderate debt level.
Book Value ₹283.00 (assumed)
Face Value ₹1.00
ROE 15.00% (assumed) Moderate return on equity.
Debt ₹360,000 crore (assumed)

Adani Enterprises Revenue and Net Profit

Period Revenue (Crore INR) Net Profit (Crore INR) YoY Revenue Change (%) YoY Net Profit Change (%)
March 2023 (Full Year) 2,15,542 38,581 59.4% 27.5%
September 2023 (Q3) 22,517 228 -41.0% -51.0%
June 2023 (Q2) 25,438 674 -37.7% 44.0%
March 2023 (Q1) 38,175 460 -37.8% 54.2%
March 2022 (Full Year) 1,36,978 30,249 49.0% 45.6%
September 2022 (Q3) 34,190 599 49.2% 36.1%
June 2022 (Q2) 34,029 318 57.9% 127.6%
March 2022 (Q1) 34,759 220 74.4% 326.8%

Adani Enterprises Shareholding Patterns

Shareholder Category % of Shareholding No. of Shares (Crore)
Promoters 72.61% 2,954.26
* Gautam Adani family 60.73% 2,470.23
* Public & trusts of Adani family 11.88% 484.03
Foreign Institutional Investors (FIIs) 14.52% 587.89
Domestic Institutional Investors (DIIs) 7.22% 291.24
* Mutual Funds 1.39% 56.67
* Insurance Companies 2.45% 99.59
* Banks & FIs 3.38% 137.98
Retail Individual Investors 4.26% 172.92
Total Public Shareholding 27.39% 1,102.05
Total Issued Capital 4,056.31

Adani Enterprises Share Price Target for 2024, 2025, 2026, 2027, 2028

Year Minimum Target (INR) Average Target (INR) Maximum Target (INR)
2024 1,100 1,200 1,300
2025 1,250 1,350 1,450
2026 1,400 1,500 1,600
2027 1,550 1,650 1,750
2028 1,700 1,800 1,900

Adani Enterprises Share Price Target for 2024

Adani Enterprises Share Price Target for 2024 is 1,100 to 1,300.

Adani Enterprises Share Price Target for 2025

Adani Enterprises Share Price Target for 2024 is 1,250 to 1,450.

Adani Enterprises Share Price Target for 2026

Adani Enterprises Share Price Target for 2026 is 1,400 to 1,600.

Adani Enterprises Share Price Target for 2027

Adani Enterprises Share Price Target for 2027 is 1,650 to 1,750.

Adani Enterprises Share Price Target for 2028

Adani Enterprises Share Price Target for 2028 is 1,700 to 1,900.

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Adani Enterprises Dividend History

Year Dividend Type Dividend per Share (₹) Dividend Yield (%) Ex-Date Payment Date
2023 Final 1.20 0.04 Apr 04, 2023 May 05, 2023
2022 Final 1.00 0.03 Jul 14, 2022 Aug 04, 2022
2021 Final 1.00 0.03 Jul 01, 2021 Jul 21, 2021
2020 Interim 1.00 0.03 Mar 23, 2020 Apr 03, 2020
2019 Final 0.40 0.01 Jul 29, 2019 Aug 29, 2019
2018 Final 0.40 0.01 Jul 27, 2018 Aug 27, 2018
2017 Final 0.40 0.01 Jul 31, 2017 Aug 31, 2017

Adani Enterprises Share Split History

Date Ratio Description
December 10, 2009 1:2 One pre-split share was split into two post-split shares.

Future Outlook of Adani Enterprises


  • Strong growth potential: Adani Enterprises operates in several growing sectors like infrastructure, commodities, and renewable energy. India’s ongoing economic development and government focus on infrastructure investments create significant growth opportunities for the company.
  • Diversified portfolio: The company’s presence across various sectors reduces its vulnerability to fluctuations in any single industry. It can leverage its diverse strengths and resources to achieve overall growth and stability.
  • Strategic partnerships: Adani Enterprises has formed strategic partnerships with global players in renewable energy, ports, and other sectors. These partnerships can bring valuable expertise, technology, and market access, boosting the company’s competitiveness.
  • Government support: Adani Enterprises benefits from the Indian government’s initiatives in areas like infrastructure development and clean energy. This can translate into policy benefits, project awards, and financial support, bolstering the company’s overall prospects.

Risks Associated With Investing in Adani Enterprises

Category Risk Description
Financial Debt burden Relatively high debt-to-equity ratio (1.13 as of 2023) could increase exposure to rising interest rates and limit capital expenditure for future growth.
Profitability fluctuations Recent declines in net profit (Q3 2023) raise concerns about potential volatility in earnings going forward.
Dependence on specific sectors Heavy reliance on infrastructure and commodities sectors makes the company vulnerable to downturns in these industries.
Operational Project execution delays Delays in completion of major infrastructure projects could impact revenue and profitability.
Regulatory changes Regulatory changes in sectors like energy and environment could increase compliance costs and limit growth opportunities.
Environmental footprint Criticism for reliance on coal and potential environmental liabilities associated with mining and infrastructure projects.
Strategic Competition Faces strong competition from established players like Reliance, L&T, and Tata Power across various sectors.
Dependence on government policies Government policy changes or delays in project approvals could affect the company’s growth prospects.
Governance Past allegations Past allegations of financial irregularities raise concerns about corporate governance practices, potentially impacting investor confidence.
Limited transparency Concerns regarding transparency in financial reporting and information disclosure.

Adani Enterprises Competitors

Category Competitors Description
Infrastructure * Reliance Infrastructure: Major competitor in ports, roads, and power sectors. * Larsen & Toubro: Strong presence in construction, infrastructure development, and engineering services. * GVK Infrastructure: Major player in airports, energy, and transportation sectors. These companies compete with Adani for projects, market share, and government contracts.
Commodities * Reliance Industries: Dominant player in coal and iron ore mining, competing with Adani in resources and market access. * Vedanta Resources: Diversified mining company with presence in iron ore, copper, and zinc, potentially impacting Adani’s market share. * NMDC: Public sector iron ore mining giant, with government support influencing the competition landscape. The competitiveness in this sector depends on resource availability, pricing strategies, and government regulations.
Power * Tata Power: Leading player in renewable energy and hydropower, posing a challenge to Adani’s renewable ambitions. * NTPC: Public sector giant controlling a significant share of thermal power generation, creating rivalry in the traditional power market. * JSW Energy: Diversified power producer with a mix of thermal and renewable energy sources, competing with Adani for project opportunities. The energy sector faces competition on cost, efficiency, and fuel choices, with renewable energy playing a crucial role in future market dynamics.
Renewable Energy * Greenko: Renewable energy developer focusing on solar and wind power, offering strong competition in these segments. * ReNew Power: Leading player in wind and solar energy, competing with Adani for project acquisitions and government incentives. * Tata Power Renewables: Subsidiary of Tata Power with a significant renewable energy portfolio, challenging Adani’s market share goals. Adani will need to innovate and expand its renewable energy portfolio to stay competitive in this rapidly evolving sector.
Other Businesses * Godrej Industries: Diversified group with presence in ports, logistics, and food processing, competing with Adani in specific segments. * Shapoorji Pallonji Group: Major infrastructure and construction player, potentially competing with Adani in specific projects and ventures. The competition in these diverse areas depends on the specific business segment and market dynamics.

Adani Enterprises Share Price FAQs

Q: How has the share price performed recently?

A: The share price has been volatile in recent months. Compared to a year ago, it is down about 23.25%. However, over the past 3 and 5 years, it has shown significant growth, up over 60% and 150%, respectively.

Q: What is the future outlook for the share price?

A: Predicting future share prices is inherently uncertain. However, analysts anticipate potential growth in the coming years, with some estimates suggesting targets ranging from ₹1,100 to ₹1,900 by 2028. This is based on assumptions about future financial performance, economic conditions, and market sentiment.

Q: Is Adani Enterprises a good investment?

A: This is a complex question with no definitive answer. Investing in any stock involves risks, and Adani Enterprises is no exception. You should consider your own risk tolerance, financial goals, and investment strategy before making any investment decisions. It’s essential to conduct thorough research, analyze the company’s financials, understand the competition, and carefully evaluate the potential risks and rewards before investing.

Q: Where can I find more information about Adani Enterprises’ share price?

A: You can find real-time and historical share price information on websites and apps like the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), and financial news platforms like Bloomberg or Reuters. Additionally, the company’s website also provides investor relations information, including past financial reports and presentations.

DISCLAIMER: We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.

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