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ADANIPORTS Infrastructure 23 Jan 2024

Adaniports Ltd — Q3 FY24

Adani Ports delivered its strongest ever quarterly performance in Q3 FY24, with revenue surging 45% YoY to INR 6,920 crore and EBITDA growing 39% YoY to INR 4,186 crore.

bullish high
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Revenue ₹6,920 Cr +45%
EBITDA ₹4,186 Cr +39%
PAT ₹2,208 Cr +65%
EBITDA Margin
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter2
Delivered0
Missed2

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY24

FY24 revenue and EBITDA guidance on higher end

With record cargo of 240 MMT in first seven months, APSEZ is well positioned to achieve full-year revenue and EBITDA guidance on the higher end.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q2 FY24

Net debt/EBITDA target of 2.5x by March 2024

Management targets leverage of around 2.5x and cash balance of INR 8,000 crore by year-end.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1