Adani Ports & SEZ reported a consolidated net profit of ₹3,650 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 10% increase from ₹3,311 crore in the corresponding period of the previous year. Revenue from operations grew 19% to ₹10,821 crore, outpacing the company’s FY27 guidance of 11-16%. The strong performance was underpinned by a 256% surge in International Ports EBITDA and an upgrade of its long-term issuer credit rating to “BBB” from “BBB-” by S&P Global Ratings with a Stable outlook.

The Board of Directors approved the unaudited financial results on July 29, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M S K A & Associates, LLP, the statutory auditors, issued a limited review report confirming that the statements disclose information required under the regulations without material misstatement.

Financial Performance Highlights

Revenue from operations stood at ₹10,821 crore, compared to ₹9,126 crore in Q1FY26. EBITDA rose 19% to ₹6,541 crore from ₹5,495 crore, maintaining a margin of 60%. Total income increased to ₹11,673.71 crore from ₹9,422.18 crore. Finance costs were ₹995 crore, including interest and bank charges of ₹360 crore. Depreciation and amortization expense was ₹1,711 crore.

Segment-wise Results

International Ports delivered record quarterly revenue and EBITDA, driven by the consolidation of NQXT Australia and ramp-up at Colombo. International Ports revenue increased 80% YoY to ₹1,747 crore, with EBITDA surging 256% to ₹730 crore. Domestic ports revenue grew 12% to ₹6,964 crore, supported by cargo volume growth of 115.3 MMT (up from 112.9 MMT). Domestic ports EBITDA margin remained robust at 74%. Marine operations saw a 67% revenue increase to ₹901 crore, aided by vessel additions bringing the fleet to 135 vessels. Logistics revenue remained flat at ₹1,173 crore, though trucking revenue rose 26% YoY.

Credit Ratings and Balance Sheet

S&P Global Ratings upgraded Adani Ports’ long-term issuer credit rating and senior unsecured notes issue rating to “BBB” from “BBB-”, placing it on par with India’s sovereign rating assigned by S&P. CARE Ratings and ICRA Limited reaffirmed the company’s highest possible domestic rating of “AAA”. Gross debt stood at ₹56,776 crore with a cash balance of ₹12,428 crore, resulting in a net debt-to-EBITDA ratio of 1.9x, well within the FY27 guidance of up to 2.5x. The average debt maturity is 5.1 years as of June 30, 2026.

Strategic Developments

Adani Ports became the first Indian transport company to release a Taskforce on Nature-related Financial Disclosures (TNFD) report. The company also recorded goodwill of ₹2,403.27 crore following the finalization of the purchase price allocation for its acquisition of Abbot Point Port Holdings. Additionally, the company entered into a Share Purchase and Subscription Agreement with Mundi Limited for a 49% interest in Adani Vizhinjam Port Private Limited, subject to approvals.

adani ports & sez recorded a notable block trade on the National Stock Exchange (NSE), with approximately 194,117 shares changing hands at a price of ₹1756.40 per share, aggregating to a total transaction value of ₹34.09 crores.

Block Trade Details

The following table summarizes the key parameters of the block trade:

Significance of Block Trades

Block trades involve the purchase or sale of a large number of shares in a single transaction and are typically executed by institutional investors such as mutual funds, insurance companies, or foreign portfolio investors. Such transactions are conducted outside the open market to minimize price impact and are closely monitored by market participants as they may reflect significant shifts in institutional positioning within a stock.