India's Largest Port Operator Commences Operations at USD 800 Million Fully Automated Terminal Strengthening Regional Trade Ties
With a PE ratio of 24.2, the company trades at a premium compared to the industry PE of 24. The company has ROCE of 12.11 per cent and ROE of 18.1 per cent.
Adani Ports and Special Economic Zone Ltd. (APSEZ) has commenced operations at the Colombo West International Terminal (CWIT), marking a significant milestone in maritime collaboration between India and Sri Lanka. Developed under a public-private partnership, CWIT is Colombo Port's first fully automated terminal, enhancing its capacity and alleviating congestion. The project, a joint venture between APSEZ, John Keells Holdings PLC, and the Sri Lanka Ports Authority, represents an investment of USD 800 million. The terminal, with a quay length of 1,400 metres and a depth of 20 metres, can handle approximately 3.2 million TEUs annually. "The start of operations at CWIT signifies a major milestone in regional cooperation between India and Sri Lanka," declared Mr. Gautam Adani, Chairman of the Adani Group. The terminal is predicted to generate employment, contribute to Sri Lanka's GDP, and reinforce Colombo's standing as a key transshipment hub in South Asia.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, download the service details here.
Adani Ports & Special Economic Zone Ltd (APSEZ) is India's leading port developer and operator, boasting a network of 13 domestic and two international ports, including Haifa and Colombo. With a total capacity of 538 MMT, the company handles 27 per cent of India's port volumes. APSEZ's business divisions encompass ports and terminals, logistics, SEZ & Ports, and operations and maintenance. The company has grown through strategic acquisitions, such as Dighi Port and Krishnapatnam Port, and has reported significant cargo growth, with an 11 per cent increase in FY21. APSEZ's integrated logistics services, including logistics parks and grain silos, strengthen its position as a comprehensive transport utility. The Mundra SEZ, spread across over 8,000 hectares, is India's largest multi-product SEZ. APSEZ aspires to be the world's largest private port company by 2030, with an emphasis on expanding its logistics portfolio.
As of April 07, 2025, the current stock price of Adani Ports and Special Economic Zone Ltd. is Rs 1,111. The 52-Week High is Rs 1,587.85, and the 52-Week Low is Rs 1,052.75. The company's market capitalisation stands at Rs 248,103 crore, with a 1-Year Return of -16.5 per cent and a 3-Year Return of 40.49 per cent.
In the Quarterly Results of December 2024, the company recorded a revenue of Rs 7,963.55 crore, reflecting a year-on-year growth of 15.08 per cent compared to Rs 6,920.10 crore in December 2023. The operating profit was Rs 4,777.65 crore, marking a 13.87 per cent increase from Rs 4,195.68 crore in the same quarter of the previous year. The profit after tax (PAT) rose by 14.12 per cent to Rs 2,520.26 crore from Rs 2,208.41 crore in December 2023.
In FY24, the company reported a revenue of Rs 26,710.56 crore, a 28.10 per cent growth compared to Rs 20,851.91 crore in FY23. The net profit for the year was Rs 8,110.64 crore, a 52.78 per cent increase from Rs 5,308.85 crore in the previous financial year.
The company's PE ratio stands at 24.2, trading at a premium compared to the industry PE of 24. The company's ROCE is 12.11 per cent, and its ROE is 18.1 per cent.
Disclaimer: This article is for informational purposes only and should not be considered investment advice.