TFP Bureau, Ahmedabad, February 20, 2025: The Adani Group has announced a record-breaking Trailing-Twelve-Month (TTM) EBITDA of INR 86,789 crore, reflecting a 10.1% year-on-year growth. The company continues to expand its position as India’s largest infrastructure conglomerate, entering a new phase of significant capital expenditure (Capex), similar to the high Capex period from FY20 to FY22. This phase will reinforce the Group’s goal to become a global leader in its sectors.
Core Infrastructure Powers Growth
In its quarterly financial report for Q3FY25, Adani Portfolio reported a 17.2% increase in EBITDA to INR 22,823 crore. Notably, core infrastructure businesses, including utilities, transport, and the incubating infrastructure ventures under Adani Enterprises Ltd, accounted for 84% of the total EBITDA. This strong performance highlights the resilience and growth of Adani’s key sectors, such as Adani Green Energy, Adani Power, and Adani Ports & SEZ.
Strong Cash Flow and Liquidity Position
Adani Group’s liquidity remains robust, ensuring sufficient resources to meet debt servicing obligations for the next 12 months. As of 30 September 2024, the Group’s cash balance stood at INR 53,024 crore, representing 20.5% of its gross debt. The Group’s financial profile has been further strengthened with its asset base reaching INR 5.53 lakh crore, up INR 75,277 crore from the end of FY24. The Group’s net debt-to-EBITDA ratio stands at a solid 2.46x.
Sectoral Growth and Key Highlights
Adani’s diversified portfolio saw strong performance across sectors:
- Adani Enterprises: The incubating infrastructure businesses, including airports, roads, and new energy projects, experienced a 45.6% YoY growth in EBITDA during Q3FY25, continuing the Group’s rapid expansion in high-growth areas.
- Adani Green Energy: Operational capacity increased by 37% YoY, reaching 11.6 GW, and new long-term power purchase agreements (PPA) were signed.
- Adani Ports & SEZ: Volume growth of 7% YoY, with container volumes up 19%, further strengthens the Group’s leadership in India’s logistics and ports sector.
Continued Commitment to Sustainability and Growth
Adani Group’s ongoing investments in infrastructure, energy, and other sectors are fueling the Group’s sustained growth, while maintaining a focus on environmental sustainability and community welfare. The Group remains committed to its vision of ‘Nation Building’ and ‘Growth with Goodness,’ positioning itself as a key player in India’s infrastructure development.
