Intimation for investor presentation on unaudited financial results for the quarter and half year ended on September 30, 2026

October 28, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange plaza, Dalal Street, Bandra-Kurla Complex, Mumbai – 400001. Bandra (E), Mumbai – 400051. Scrip Code: 512599 Scrip Code: ADANIENT Dear Sir/Madam, Sub: Submission of Investor Presentation on Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended on September 30, 2026. In continuation to Outcome of Board Meeting dated October 28, 2026, we hereby submit presentation on performance highlights of the Company for the unaudited financial results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2026. The same is being uploaded to the Company’s website at www.adanienterprises.com. Kindly take the above on your records. Thanking you, Yours faithfully, For Adani Enterprises Limited Jatin Jalundhwala Company Secretary & Joint President (Legal) Membership No. F3064 Encl: As above Adani Enterprises Limited Tel + 91 79 2656 5555 “Adani Corporate House”, Fax + 91 79 2555 5500 Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com S. G. Highway, Khodiyar www.adanienterprises.com Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067 Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421 Adani Enterprises Limited Earnings Presentation Q2 FY27 Adani Enterprises Limited (“AEL”): Consolidated Financial Highlights H1-27 ₹ crore Results at glance Total Income 62% EBITDA 56% PBT# 45% 3,297 71,569 16,656 11,958 2,281 44,281 5,993 7,688 17,172 2,630 2,515 54,914 103% 5,470 5,965 27,109 169% 2,218 (349) H1-26 H1-27 H1-26 H1-27 H1-26 H1-27 # Excluding exceptional item Established Businesses Incubating Businesses (Core Infra)  Established businesses EBITDA & PBT increased on account of ramp up in Copper plant and positive price movement in commodities  Incubating Core Infra businesses EBITDA continues to record strong performance led by Airports Incubating Business – [Energy & Utility – ANIL Ecosystem, Adani Connex Data Center, Transport & Logistics – Adani Airports Holdings Ltd, Adani Road Transport Ltd] Established Business – [Primary Industries – Mining services, IRM, Mining, Metals and Industrials] SSTTRRIICCTTLLYY CCOONNFFIIDDEENNTTIIAALL AEL: Value Unlocking and Ramp up of Growth ₹ crore EBITDA AEL’s Diversified Highest half-year EBITDA of Rs. 11,958 cr with increase of 56% Y-o-Y Business Portfolio H1-26 H1-27 Core Infra Platform  Additional 4.3 GW module line operational with New Energy Ecosystem effect from 01 September ‘26 5,470 5,993 Airports  Non-Aero initiatives across airports have reflected Roads ▲10% YoY growth of 55% Y-o-Y basis Long-Term Contracted  Results impacted by higher operating cost on Services 1,019 828 account of increased fuel prices due to global • Mining Services ▼19% YoY volatility Primary Industry  Copper plant capacity utilization increased to 64% • Metals  IRM and Mining results boosted on account of 1,199 5,137 improved price realization due to positive global • Mining price movements ▲3.3x YoY • IRM & Specialist Mfg. Full ramp up of Large Infra assets comprising Navi Mumbai Airport and Ganga Expressway on the horizon 01 Adani Portfolio Overview 02 AEL – Largest Listed Incubator 03 Business & Operational Highlights 04 Financial Highlights 05 Debt Profile 06 ESG Highlights Standard FAQs Appendix Adani Portfolio Overview SSTTRRIICCTTLLYY CCOONNFFIIDDEENNTTIIAALL Adani Portfolio: A World Class Infrastructure & Utility Portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Other Materials, Metal Incubator Energy & Utility Transport & Logistics Specialty & Mining (71.97%) (62.43%) (74.96%) (66.03%) (67.29%)2 AGEL APL APSEZ AEL Ambuja Cements3 Renewables IPP Ports & Logistics (73.39%) (37.40%) (50.05%) (72.66%) AESL ATGL1 ACC2 Orient2 T&D Gas Discom (100%) (50.00%) (100%) (100%) (100%) (69.02%) ANIL AdaniConneX4 AAHL5 ARTL Copper, Aluminum NDTV New Industries Data Centre Airports Roads (100%) (100%) (100%) (100%) Mining Services Specialist PVC & GCC Manufacturing6 Com. Mining (%): Adani Family equity stake in Adani Portfolio companies (%): AEL equity stake in its subsidiaries (%): Ambuja equity stake in its subsidiaries Listed cos Direct Consumer A multi-decade story of high growth centered around infrastructure & utility core 1. ATGL: Adani Total Gas Ltd, JV with Total Energies | 2. Ambuja Cement’s shareholding does not include Global Depository Receipt of 0.04% but includes AEL shareholding of 0.35% received as part of the consideration against transfer of Adani Cementation Limited as per NCLT order dated 18th July’25 | 3. Cement includes 67.29% (67.33% on Voting Rights basis) stake in Ambuja Cements Ltd. as on 30th Sep’26 which in turn owns 50.05% in ACC Limited. Adani directly owns 6.64% stake in ACC Limited & Ambuja Cements Ltd. holds 72.66% stake in Orient Cement Ltd. | 4. Data center, JV with EdgeConnex | 5. AAHL has entered into binding agreements to raise INR 9,825 crore (~USD 1 Bn) of primary equity capital from marquee Global Investors in the month of Sep’26, once completed, investors will hold 5.54% stake in AAHL | 6. Includes the manufacturing of Defense and Aerospace Equipment | AEL: Adani Enterprises Limited | APSEZ: Adani Ports and Special Economic Zone Limited | AESL: Adani Energy Solutions Limited | T&D: Transmission & Distribution | APL: Adani Power Limited | AGEL: Adani Green Energy Limited | AAHL: Adani Airport Holdings Limited | ARTL: Adani Roads Transport Limited | ANIL: Adani New Industries Limited | IPP: Independent Power Producer | NDTV: New Delhi Television Ltd | PVC: Polyvinyl Chloride | GCC: Global Capability Centre l Promoter’s holdings are as on 30th September, 2026. 6 Adani Portfolio: Best-in class growth with national footprint All figures in INR cr Predictable, high and rising free cash flow National footprint with deep coverage EBITDA Tax paid 94,834 Finance cost paid CAT (FFO) 67,995 (72%) EBITDA 24,870 12,784 APSEZ (51%) Adani’s Core Infra. 22,259 AGEL (23%) Platform – ATGL 10,418 AESL 375 (42%) 1,668 4,580 APL Userbase FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Ambuja Cement EBITDA: Earning before Interest Tax Depreciation & Amortization I EBITDA: PAT + Share of profit from JV + Tax + Deferred Tax + Depreciation + Finance Cost + Forex Loss / (Gain) + Exceptional Items | FFO: Fund Flow from Operations l FFO : EBITDA – Actual Finance cost paid (excl. Capitalized Interest, incl. Int. on Lease Liabilities)– Tax Paid l AEL: Adani Enterprises Limited l APSEZ: Adani Ports and Special Economic Zone Limited l AGEL: Adani Green Energy Limited | ATGL: Adani Total Gas Limited l 7 AESL: Adani Energy Solutions Limited l APL: Adani Power Limited ECNAMROFREP Note : 1. Cemindia Projects Ltd. (formerly known as ITD Cementation India Ltd.): the total shareholding stands at 67.46%. PSP Projects Ltd.: the total shareholding stands at 34.41%.| 2. Adani Environmental Resource Management Services Ltd. (additional company is being proposed) | O&M: Operations & Maintenance l HVDC: High voltage direct current l PSU: Public Sector Undertaking (Public Banks in India) l GMTN: Global Medium-Term Notes l SLB: Sustainability Linked Bonds l AEML: Adani Electricity Mumbai Ltd. l AIMSL : AdaniInfraMgt ServicesPvtLtdl IG: Investment Grade l LC: Letter of Credit l DII: Domestic Institutional Investors l COP26: 2021 United Nations Climate Change Conference l AGEL: Adani Green Energy Ltd. l NBFC: Non-Banking Financial Company l AIIL: Adani Infra (India) Ltd. | AOCC : Airport Operations Control Center YTIVITCA DEVELOPMENT1 OPERATIONS CONSUMERS 2 New C.E.O. Adani Infra (India) Limited | Cemindia Projects Ltd. | PSP Projects Ltd. Operations (AIMSL) Consumer I Employees I Other Stakeholders Origination Site Development Construction Operation Inspired Purpose & Value Creation • Analysis &market • Siteacquisition • Engineering &design • Life cycleO&M • Delivering excepti [Showing first 8,000 characters — download PDF for full document]