Time period given by analyst is one year when Adani Ports & Special Economic Zone Ltd. price can reach defined target.
Adani Ports & Special Economic Zone Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 168408.96 Crore) operating in Shipping sector.
Adani Ports & Special Economic Zone Ltd. key Products/Revenue Segments include Income from Port Services, Infrastructure Leasing Income, Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 5099.25 Crore, up 15.42 % from last quarter Total Income of Rs 4417.87 Crore and up 3.26 % from last year same quarter Total Income of Rs 4938.43 Crore. Company reported net profit after tax of Rs 986.13 Crore in latest quarter.
Investment Rationale
Port revenues are expected to de-grow 5% QoQ, led by MoM weakness in overall volumes (subdued container and weak dry cargo volumes). Overall, consolidated revenues are expected to also decline 5% QoQ to Rs 4415 crore, as port revenues would be aided by single digit growth in logistics segment performance QoQ. Similarly, EBITDA is likely decline 6% as EBITDA margins are expected to remain range bound in 63-64% (ex-forex). However, PAT is expected to grow 46% to Rs 1564 crore.
Promoter/FII Holdings
Promoters held 66.02 per cent stake in the company as of 30-Jun-2022, while FIIs owned 14.24 per cent, DIIs 15.05 per cent.
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