BSECompany Update4d ago · 29 Jul 2026, 12:43 pm
Submission of Media Release and Investor Presentation
Adani Ports and Special Economic Zone Ltd · 532921
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Adani Ports and Special Economic Zone Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, with a 19% YoY growth in revenue and EBITDA, driven by strong performance in international ports and domestic ports.
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Adani Ports and Special Economic Zone Ltd - 532921 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Ref No: APSEZL/SECT/2026-27/56
July 29, 2026
BSE Limited National Stock Exchange of India Limited
Floor 25, P J Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex,
Mumbai – 400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 532921 Scrip Code: ADANIPORTS
Sub: Submission of Media Release and Investor Presentation on Unaudited Financial Results
(Standalone and Consolidated) for the quarter ended June 30, 2026
Dear Sir/Madam,
In continuation to Outcome of Board Meeting dated July 29, 2026, we hereby submit:
1. Media Release dated July 29, 2026 on the Unaudited Financial Results (Standalone and
Consolidated) for the quarter ended June 30, 2026, as Annexure “A”.
2. Presentation on performance highlights of the Company for the Unaudited Financial Results
(Standalone and Consolidated) of the Company for the quarter ended June 30, 2026 as
Annexure “B”.
The same is being uploaded on the Company’s website at www.adaniports.com.
You are requested to take the same on your records.
Thanking you,
Yours faithfully,
For Adani Ports and Special Economic Zone Limited
Kamlesh Bhagia
Company Secretary
Encl.: as above
India International Exchange (IFSC) Limited (India Singapore Exchange Limited
INX) SGX Centre Office
Gujarat International Finance Tec-City, 2 Shenton Way, #02-02, SGX Centre 1,
Gandhinagar, Gujarat Singapore 068804
NSE IFSC Limited (NSE IX),
Unit-1301, Brigade International Financial Center,
13th Floor, Block-14, Road 1C, Zone-1, GIFT SEZ, GIFT
CITY, Gandhinagar Gujarat – 382 355.
Adani Ports and Special Economic Zone Ltd Tel +91 79 2555 4444
Adani Corporate House, Shantigram, Fax +91 79 2555 7177
Nr. Vaishno Devi Circle, S. G. Highway, Investor.apsezl@adani.com
Khodiyar, Ahmedabad - 382421 www.adaniports.com
Gujarat, India
CIN: L63090GJ1998PLC034182
Registe red Office: Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421, Gujarat, India
Annexure - A
BSE: 532921 | NSE: ADANIPORTS | Bloomberg: ADSEZ:IN | Reuters: APSE.NS
APSEZ delivers 19% EBITDA growth in Q1 FY27; International Ports EBITDA
jumps 256%
• Consolidated revenue at ₹10,821 Cr, up 19% YoY
• International Ports delivered robust growth, with revenue increasing 80% YoY to ₹1,747 Cr
and EBITDA surging 256% YoY to ₹730 Cr, led by strong performance in Australia and
Colombo and reflecting the increasing maturity of APSEZ's overseas portfolio
• Marine revenue increased 67% YoY to ₹901 Cr, on the back of ongoing offshore vessel
additions and European subsea expansion
• Domestic ports revenue grew 12% YoY, driven by cargo volume growth, superior product mix,
and higher realization. EBITDA margin stood at a best-in-class 74%
• S&P Global Ratings upgraded APSEZ’s long-term issuer credit rating and the issue rating on
its senior unsecured notes to “BBB” from “BBB-“ with a “Stable” outlook. CARE ratings and
ICRA Limited reaffirmed APSEZ’s highest possible domestic rating of “AAA”
• APSEZ became the first Indian Transport company to release a TNFD (Taskforce on Nature-
related Financial Disclosures) report, reinforcing its commitment to nature-positive growth
July 29, 2026, Ahmedabad: Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest
Integrated Transport Operator, announced its results for the first quarter ended June 30, 2026.
Q1 FY27 key financials (consolidated)
Particulars (₹ Cr) Q1 FY27 Q1 FY26 YoY
Revenue 10,821 9,126 19%
EBITDA 6,541 5,495 19%
PAT 3,650 3,311 10%
Comment by Ashwani Gupta, Whole-time Director & CEO
“Our Q1 FY27 performance underscores the strength of our diversified business model, combining
global reach with a multi-modal asset base across geographies, commodities, and customers. Our
domestic ports business continued to deliver strong growth and remains the bedrock of APSEZ's
earnings, while International Ports, Marine, and Logistics have transitioned decisively from scale-up
to scale-value, becoming increasingly important drivers of revenue growth and profitability.
This balanced growth across businesses reinforces our confidence in achieving Ambition 2031.
Supported by our domestic capacity expansion program targeting 1,000 MMT by 2030, a growing
international portfolio, and a rapidly scaling logistics ecosystem, APSEZ is steadily building a more
diversified, resilient, and globally relevant transport platform capable of sustaining long-term value
creation.”
NQXT Australia results were consolidated into APSEZ with effect from Q4 FY26.
BSE: 532921 | NSE: ADANIPORTS | Bloomberg: ADSEZ:IN | Reuters: APSE.NS
Segment-wise performance
Q1 FY27 demonstrates the strength of a business that has expanded well beyond traditional port
operations. Our growing presence across Ports, Logistics, and international markets is creating
multiple engines of growth while enhancing the resilience of our earnings profile.
Revenue (₹ Cr) EBITDA (₹ Cr)
Q1 FY27 Q1 FY26 YoY % Q1 FY27 Q1 FY26 YoY %
Domestic ports 6,964 6,200 12% 5,152 4,637 11%
International ports 1,747 973 80% 730 205 256%
Logistics 1,173 1,169 0.3% 219 212 3%
Marine 901 541 67% 404 297 36%
Port development & SEZ 36 243 -85% 36 144 -75%
Total 10,821 9,126 19% 6,541 5,495 19%
Domestic ports revenue grew 12% YoY driven by cargo volume growth (115.3 MMT in Q1 FY27 vs.
112.9 MMT in Q1FY26), superior product mix and higher realization. EBITDA margins stood at a best-
in-class 74%. As of June 30, 2026, domestic ports capacity stood at 653 MMT. APSEZ is undertaking
one of the largest port capacity expansion programs in its history, with domestic capacity slated to
increase to 1,000 MMT by December 2030, laying the foundation for the next phase of growth. All-
India cargo market share stood at 27.6% (27.8% in Q1FY26). All-India container cargo market share
stood at 44.8% (45.2% in Q1FY26)
International Ports delivered record quarterly revenue and EBITDA in Q1 FY27, underscoring the
growing scale and profitability of APSEZ’s global ports platform. Volumes increased to 22.8 MMT
from 7.7 MMT in Q1 FY26, driven by the addition of NQXT Australia and ongoing ramp-up at
Colombo. Australia contributed 10 MMT, followed by Colombo at 6.9 MMT, Tanzania at 3.7 MMT
and Israel at 2.2 MMT. The inclusion of higher-margin Australia operations and improving scale at
Colombo drove a sharp expansion in EBITDA margin to 41.8% in Q1 FY27 from 21.1% in Q1 FY26.
Colombo revenue was up 5x YoY while Tanzania revenue was up 36% YoY.
Logistics business TEU rail volumes were impacted due to the ongoing Middle East crisis. APSEZ
continued to build out the asset-light operations with Trucking revenue up 26% YoY. IFN
(International Freight Network) revenue was also up 28% sequentially. Rail volume (TEUs) stood at
145,310 for Q1 FY27 (179,479 for Q1 FY26).
Marine operations delivered 67% YoY revenue growth in Q1 FY27, driven by ongoing vessel additions
(135 vessels in Q1 FY27 vs. 118 vessels in Q1 FY26). APSEZ continues to globalize its Marine business,
with recent wins including a partnership with Oceaneering International to enhance deepwater
engineering and offshore capabilities in Europe, and a landmark 10-year contract supporting
Argentina's first LNG exports to India, establishing a presence in South America.
Q1 FY27 performance v. FY27 guidance
FY27 guidance Q1 FY27 reported
Revenue (₹ Cr) 43,000 - 45,000 10,821
EBITDA (₹ Cr) 25,000 – 26,000 6,541
Net debt to EBITDA Up to 2.5x 1.9x
BSE: 532921 | NSE: ADANIPORTS | Bloomberg: ADSEZ:IN | Reuters: APSE.NS
Financial highlights
● Debt management: Gross debt at ₹56,776 Cr. Cash balance at ₹12,428 Cr. Net debt / EBITDA at
1.9x (proforma net debt / EBITDA calculated using TTM NQXT EBITDA at 1.8x)
● Credit rating upgrade and rating affirmation: S&P Global Ratings upgraded APSEZ's long-term
issuer credit rating and the issue rating on its senior unsecured notes to "BBB" from "BBB-",
with a Stable outlook, placing APSEZ on par with India's sovereign rating assigned by S&P. In
January 2026, JCR assigned APSEZ an "A- / Stable" rating, positioning it among a sele
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