Risks
4 risks
Risk Intelligence
Regulatory delay in airport tariff revision
View Risks →
Adani Enterprises Limited — Q1 FY24
Adani Enterprises reported a strong Q1 FY24 with consolidated EBITDA up 47% YoY to INR 2,896 crore and PAT up 44% to INR 674 crore, driven by robust performance in the green hydrogen ecosystem (ANIL) and IRM business.
bullish
medium
✓ Verified against BSE filing
2-Minute Summary
✦ AI-Generated from Full Transcript
Adani Enterprises reported a strong Q1 FY24 with consolidated EBITDA up 47% YoY to INR 2,896 crore and PAT up 44% to INR 674 crore, driven by robust performance in the green hydrogen ecosystem (ANIL) and IRM business. The green hydrogen business now contributes over 10% of EBITDA, while IRM volumes reached 17.8 MMT with EBITDA of INR 1,000 crore. Management maintained a bullish outlook, reiterating a total CapEx of $3.7 billion for FY24, with $1.1 billion allocated to airports and $300 million to green hydrogen. Key risks include regulatory delays in airport tariff revisions and potential margin compression in solar manufacturing as global prices decline.
अडानी एंटरप्राइजेज ने पहली तिमाही में मजबूत प्रदर्शन किया। कंपनी की कमाई (EBITDA) पिछले साल की तुलना में 47% बढ़कर 2,896 करोड़ रुपये हो गई। मुनाफा (PAT) 44% बढ़कर 674 करोड़ रुपये रहा। यह ग्रोथ ग्रीन हाइड्रोजन (ANIL) और IRM कारोबार की वजह से हुई। ग्रीन हाइड्रोजन अब कुल कमाई का 10% से ज्यादा देता है। IRM ने 1,000 करोड़ रुपये का EBITDA कमाया। कंपनी ने इस साल 3.7 अरब डॉलर निवेश का लक्ष्य रखा है, जिसमें एयरपोर्ट पर 1.1 अरब और ग्रीन हाइड्रोजन पर 30 करोड़ डॉलर खर्च होंगे। जोखिमों में एयरपोर्ट टैरिफ में देरी और सोलर मैन्युफैक्चरिंग में मुनाफा कम होना शामिल है।
Risks4 tracked
Research workspace
Focused Modules
Quarter Snapshot
IRM Volume
17.8M metric tons
+11% YoY
Integrated Resource Management business volume for Q1 FY24.
Airport Passengers
21.3M
+27% YoY
Passenger numbers for the quarter, annualizing to 85 million.
Solar Module Export Volume
387 MW
+1936% YoY
Export volumes surged from 19 MW in Q1 FY23 to 387 MW.
Data Center Order Book
110 MW
N/A
Order book from hyperscalers, excluding operating capacity.
Fast read
Guidance and risk preview
Total capital expenditure for Adani Enterprises in FY24 is guided at $3.7 billion, with $1.1 billion for airports, $1.7 billion for roads, $300 mil...
The favorable TDSAT order for GMR may set a precedent for Mumbai Airport, but the regulatory process could take time, delaying tariff increases.
View Risks →