Adani Ports: Cargo Volume Surges 17% in May Amid Operational Milestones
Adani Ports and Special Economic Zone Limited handled a record 41.80 Million Metric Tonnes (MMT) of cargo in May, representing a 17% year-over-year growth. Container volumes increased by 22% compared to the previous year. The company's year-to-date cargo volume reached 79.30 MMT, a 10% growth. Adani Ports' board approved a $1 billion fundraising plan. The company denied a Wall Street Journal report about a U.S. probe into Iranian LPG imports.
Adani Ports and Special Economic Zone (APSEZ) has approved raising $1 billion through 'outstanding senior notes' over the next six quarters. This follows a recent ₹5,000 crore domestic debt issue from LIC. APSEZ plans to invest ₹12,000 crore in capacity expansion by March 2026 and has allocated $2.5 billion for acquiring North Queensland Export Terminal in Australia.
30May 25
Adani Ports Secures Rs 5,000 Crore Through Private Placement of NCDs
Adani Ports and Special Economic Zone Limited has successfully raised Rs 5,000 crore through the allotment of Non-Convertible Debentures (NCDs) via private placement. This fundraising effort provides a significant capital infusion for the company, offering financial flexibility without immediate equity dilution. The successful placement may be viewed as a sign of investor confidence in Adani Ports' creditworthiness and future prospects.
Adani Ports to Consider USD Bond Buyback on May 31
Adani Ports and Special Economic Zone Limited (APSEZ) has announced plans to consider a USD bond buyback. The company's board will meet on May 31 to discuss this potential financial move. While specific details remain undisclosed, this decision could impact APSEZ's debt management, financial flexibility, and market position. The outcome of the board meeting will provide more clarity on the scale and scope of the potential bond buyback.
29May 25
Adani Ports to Raise ₹5,000 Crore Through Long-Term Bond Issue
Adani Ports and Special Economic Zone (APSEZ) is set to raise ₹5,000 crore through its largest bond offering to date. The 15-year non-convertible debentures will open on May 29 with an expected coupon rate of 7.70% to 7.75%. Funds will be used for capital expenditure, refinancing existing debt, and general corporate purposes. This long-term financial move indicates APSEZ's focus on growth and stability, potentially setting a benchmark for the infrastructure sector.
29May 25
Adani Ports to Consider Dollar Bond Buyback Amid Strong Financial Position
Adani Ports and Special Economic Zone Ltd. (APSEZ) is set to explore a potential buyback of its dollar-denominated bonds. The company's board will meet on Saturday to consider this proposal for the current financial year, subject to market conditions. As of March 31, 2025, APSEZ reported a cash balance of Rs 8,001.00 crore and a net debt to EBITDA ratio of 1.90 times. Dollar bonds make up 23% of the company's total long-term borrowing in FY25. The potential buyback could optimize debt, enhance financial flexibility, and signal market confidence in APSEZ's financial health.
26May 25
Adani Ports Expands Global Footprint with New UAE Subsidiary
Adani Ports and Special Economic Zone Ltd (APSEZ) has incorporated a new entity, East Africa Ports FZCO, in Dubai, UAE. Registered on May 26, 2023, this step-down subsidiary will focus on investment in commercial enterprises and management, marking APSEZ's entry into a new strategic location. This move is part of Adani Ports' international expansion strategy, potentially opening up new trade routes and opportunities in the region connecting Asia, Africa, and Europe.
22May 25
Adani Ports Board Approves Rs 6,000 Crore NCD Issuance for Capital Expenditure and Refinancing
Adani Ports and Special Economic Zone Limited (APSEZ) has approved raising up to Rs 6,000 crore through Non-Convertible Debentures (NCDs). The funds will be used for capital expenditure, refinancing existing debt, and general corporate purposes. The NCDs will be issued via private placement and listed on BSE and/or NSE.
19May 25
Adani Ports to Consider Non-Convertible Debentures Issuance in Upcoming Board Meeting
Adani Ports and Special Economic Zone Limited (APSEZ) has scheduled a board meeting for May 22, 2023, to consider issuing non-convertible debentures (NCDs) through private placement. The issuance may occur in one or more tranches, allowing flexibility in fundraising. This move suggests APSEZ is exploring options to raise funds without diluting existing shareholders' equity.
15May 25
Adani Ports Shareholders Approve Abbot Point Acquisition and Share Issuance
Adani Ports and Special Economic Zone Limited (APSEZ) shareholders have approved the acquisition of Abbot Point Port Holdings Pte, operator of Australia's North Queensland Export Terminal. They also approved issuing 143.80 million shares to Carmichael Rail as consideration for the acquisition. This move aligns with Adani Ports' goal to handle 1 billion tonnes per annum by 2030 and expands its global footprint.
Adani Ports and Special Economic Zone (APSEZ) has received a 'Buy' rating from Anand Rathi with a target price of ₹1,600.00, indicating a 20% upside potential. The company reported a 50% increase in Q4 net profit to ₹3,025.00 crore. APSEZ projects revenue growth of 15.80% to 22.20% by FY26 and plans to double port capacity and triple logistics capacity by FY29.
05May 25
Adani Ports Reports 4% Cargo Volume Growth in April 2025, Shares Hit 6-Month High on Strong Q4 Results
Adani Ports and Special Economic Zone (APSEZ) handled 37.50 million metric tonnes of cargo in April 2025, a 4% year-over-year increase. Container volume grew by 21%, while liquids and gas volume increased by 8%. Logistics rail volume surged by 17%. This follows a strong Q4 FY25 performance with a 48% increase in net profit and 23.10% revenue growth. APSEZ's market share in India's cargo market reached 27% in FY2025.
Adani Ports Reports Robust Growth in Cargo and Logistics Volumes for April 2025
Adani Ports and Special Economic Zone (APSEZ) announced robust operational performance for April 2025. Total cargo volume increased by 4.00% year-over-year to 37.50 million metric tonnes. Container volumes surged 21.00%, while liquids and gas volumes rose 8.00%. Logistics rail volume grew 17.00% to 57,751 TEUs, and GPWIS volume increased 4.00% to 1.80 MMT. The company also reported a 48.00% increase in Q4 net profit and 23.10% growth in revenue for fiscal year 2025.
01May 25
Adani Ports Reports Strong Q4 Revenue Growth and 48% Surge in Net Profit
Adani Ports and Special Economic Zone Limited (APSEZ) has reported a 48% year-on-year increase in net profit to ₹3,014.00 crore for Q4 FY25. Operational revenue grew by 23% to ₹8,488.00 crore, with core port and SEZ activities contributing ₹7,277.00 crore. The company's full-year consolidated net profit rose 36.50% to ₹11,061.00 crore. APSEZ's board has recommended a dividend of ₹7.00 per equity share for FY25, subject to shareholder approval.
30Apr 25
Adani Ports and SEZ Gears Up for Q4 Results, Dividend Decision, and Reaffirms Strong Credit Ratings
Adani Ports and Special Economic Zone Ltd (APSEZ) will announce Q4 and FY25 results on May 1, 2025, along with a potential dividend declaration. The company has closed its trading window from April 1, 2025, until 48 hours post-results. CARE Ratings has reaffirmed APSEZ's AAA credit rating for various financial instruments, indicating the lowest credit risk and strong financial health.
26Apr 25
Adani Ports to Announce Q4 FY2025 Results and Consider Dividend on May 1
Adani Ports and Special Economic Zone Ltd (APSEZ) will announce its Q4 and full-year FY2025 financial results on May 1, 2025. The board meeting on the same day will also consider recommending a dividend for FY2024-25. A post-results conference call for investors is scheduled, and a trading window closure is in effect until 48 hours after the results announcement.
Adani Ports Expands Globally: Acquires Australian Terminal in ₹19,800 Crore Deal
Adani Ports and Special Economic Zone Limited (APSEZ) is set to acquire Abbot Point Port Holdings in Singapore, which controls the North Queensland Export Terminal (NQXT) in Australia. The deal, valued at AUD 3.98 billion (₹19,800 crore or $2.40 billion), will be financed through a share swap of 143.80 million new APSEZ shares priced at ₹1,199.00 per share. This acquisition is expected to boost APSEZ's consolidated volume, revenue, and EBITDA by 6-7% in FY26. The deal is subject to regulatory approvals and is anticipated to complete within two quarters.
18Apr 25
Adani Ports Expands Global Footprint with $2.4 Billion Australian Terminal Acquisition
Adani Ports and Special Economic Zone Ltd (APSEZ) is acquiring the North Queensland Export Terminal (NQXT) in Australia for $2.4 billion. The deal involves purchasing Abbot Point Port Holdings Pte Ltd through a non-cash transaction of 143.80 million new APSEZ equity shares. NQXT, with a current capacity of 50 MTPA and potential to expand to 120 MTPA, is expected to significantly boost APSEZ's financial performance with an estimated EBITDA of A$228 million in FY2025. This strategic acquisition aligns with APSEZ's goal of handling 1 billion tonnes of cargo annually by 2030 and strengthens its position along the East-West trade corridor.
15Apr 25
Adani Ports to Consider Preferential Share Issue Amidst Record Cargo Volumes
Adani Ports and Special Economic Zone Ltd (APSEZ) will hold a board meeting on April 17, 2025, to discuss a potential preferential issue of equity shares. The company reported impressive cargo handling figures, with March 2025 volumes up 9% year-over-year at 41.50 MMT and fiscal year 2025 total cargo volume increasing 7% to 450.20 MMT. The board will also consider convening an extraordinary general meeting or initiating a postal ballot for shareholder approval of the proposed issue.
14Apr 25
Adani Ports to Consider Preferential Issue of Equity Shares in Upcoming Board Meeting
Adani Ports and Special Economic Zone Limited (APSEZ) has scheduled a board meeting for April 17 to consider issuing equity shares through preferential allotment. This move could potentially lead to capital infusion, changes in ownership structure, and impact market perception. The decision, if approved, will be subject to regulatory approvals and SEBI guidelines.
07Apr 25
Adani Ports Expands Global Footprint: Colombo Terminal Begins Operations
Adani Ports and Special Economic Zone Limited (APSEZ) has begun operations at its new Colombo West International Terminal (CWIT) in Sri Lanka. The USD 800 million facility is the first fully automated deep-water terminal in Colombo, with an annual capacity of 3.2 million TEUs. This public-private partnership involves APSEZ, John Keells Holdings PLC, and Sri Lanka Ports Authority under a 35-year BOT agreement. The terminal aims to enhance Colombo's status as a key transshipment hub in South Asia, featuring advanced infrastructure for improved cargo handling and vessel turnaround times.
03Apr 25
Adani Ports Expands Global Footprint with 11 New Subsidiaries in Singapore
Adani Ports and Special Economic Zone Limited (APSEZ) has incorporated eleven new subsidiary units in Singapore through its step-down subsidiary, marking a significant international expansion. The subsidiaries, each with SGD 50,000 in authorized and paid-up capital, will operate in the Marine/Harbour sector. This move coincides with APSEZ's record-breaking operational performance for FY2025, including a total cargo volume of 450.20 MMT, representing a 7% year-on-year growth.
02Apr 25
Adani Ports Expands Global Footprint with 11 New Subsidiaries in Singapore
Adani Ports and Special Economic Zone Limited (APSEZ) has incorporated eleven new subsidiary units in Singapore through its wholly-owned subsidiary Astro Worldwide Investment Limited, BVI. The new entities, all registered on March 28, 2025, will operate in the Marine/Harbour sector with an authorized and paid-up share capital of 50,000 shares at SGD 1 each. This expansion coincides with APSEZ's strong operational performance, including record cargo volumes and milestone achievements at its ports.
Fitch Ratings has affirmed Adani Ports and Special Economic Zone Limited's (APSEZ) rating at 'BBB-' and removed it from Rating Watch Negative. This action indicates a stabilization in APSEZ's credit profile and reduced immediate risk of downgrade. The 'BBB-' rating, the lowest investment-grade, suggests adequate capacity to meet financial commitments. This development may improve investor confidence, provide a stable outlook, and potentially offer better financing opportunities for APSEZ.
11Mar 25
Adani Ports' Vizhinjam Project Accelerates: Environmental Clearance Secured for Next Phases
Adani Ports and Special Economic Zone Ltd. (APSEZ) has received environmental clearance from the Union Environment Ministry for the next two construction phases of its Vizhinjam deep-sea port project in Kerala. This approval accelerates the project's timeline, with completion now expected by 2028. The Rs 8,867 crore project, developed under a public-private partnership model, recently obtained its commercial commissioning certificate. The strategic port is set to become a major maritime hub on India's southwestern coast, potentially rivaling major transshipment hubs in the region.
05Mar 25
Adani Ports Sees Block Trade Amidst ESG Rating Upgrade to 'Negligible' Risk
Adani Ports and Special Economic Zone Ltd. (APSEZ) experienced a block trade of 140,114 shares worth Rs. 15.43 crores on the NSE. Sustainalytics upgraded APSEZ's ESG risk rating from 11.3 to 8.5, moving it from 'Low' to 'Negligible' risk category. The company improved its ranking in the Marine Ports Subindustry from 6th to 2nd and in the Transportation Infrastructure Industry from 33rd to 12th. APSEZ maintained its top rank in Sustainalytics' low carbon transition rating.