Q1-FY24 · Karan Adani
APSEZ has delivered its strongest ever quarterly operating performance in Quarter 1 of FY 2024, with record quarterly cargo volumes, revenue and EBITDA and PAT.
ADANIPORTS / language trends
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Adani Ports · tone and specificity signals across the available quarters.
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Language signals
What changed in management language.
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Q1-FY24 · Karan Adani
We are bullish on India, we are bullish on the trade. As you know, that we are multi-commodity, so we, as part of our de-risking, we don't rely only on container or only on coal.
Q1-FY24 · Karan Adani
We would still hit our revenue and EBITDA targets even if we are a little bit short of the 500, in case if we do. We will still achieve the guidance of revenue and EBITDA.
Q1-FY25 · Ashwani Gupta
FY25 began on a stellar note on both the growth and the financial fronts.
Q1-FY25 · Ashwani Gupta
We operate port not as a terminal. We operate port as an ecosystem.
Q1-FY25 · D. Muthukumaran
The qualification has been dropped, and it has now become an EOM to actually sort of reflect the significance of the matter.
Q1-FY26 · Ashwani Gupta
Our financial numbers are not linked to cargo volume only now. We have the other things which are driven by all the other business verticals which are coming up.
Q1-FY26 · Ashwani Gupta
We are not linking the financial numbers with the cargo volume because we are transforming our company from port volume handling company to an integrated transport utility company.
Q1-FY26 · Ashwani Gupta
The risk on one route will be an opportunity for me on the other route. This is what about ports in the logistics.
Q2-FY24 · Karan Adani
APSEZ delivered its strongest ever half-yearly result with record cargo volumes, revenue and EBITDA.
Q2-FY24 · Karan Adani
We are seeing actually an increase in traffic in Haifa because the second-largest port, Ashdod Port, has been closed for commercial operations since the conflict.
Q2-FY24 · Karan Adani
Our predominant focus would be expanding our footprint of our existing ports and diversifying the cargo base, because the incremental capacity will be 30%-40% of the cost of a greenfield CapEx.
Q2-FY25 · Ashwani Gupta
We are well-positioned to hit the upper end of our FY 2025 EBITDA guidance.
Q2-FY25 · Ashwani Gupta
Our next focus is logistics... our competitor, domestic volume increased by 15% year-on-year, whereas ALL, Adani Logistics volume, increased by 47% year-on-year.
Q2-FY25 · Ashwani Gupta
We grew our market share from 26.4% to 27.3% in the H1 FY 2025.
Q2-FY26 · Ashwani Gupta
Our focus is to increase the revenue and optimize the cost as much as possible. And this is the reflection on the EBITDA percentage which you are seeing month on month.
Q2-FY26 · Ashwani Gupta
We are building a truly global integrated transport platform. The momentum we have demonstrated in the first half gives me confidence we are executing our strategy effectively and creating long-term value.
Q2-FY26 · Doraiswami Muthukumaran
We expect the EBITDA margin when all these operations are stabilized to go from 26% to somewhere between, I mean, around 45%.
Q3-FY24 · Karan Adani
APSEZ delivered its strongest ever quarterly and nine months performance, with record volume, cargo volumes, revenue and EBITDA.
Q3-FY24 · Karan Adani
We are confident of overachieving our full year volume, revenue and EBITDA guidance provided at the start of the year.
Q3-FY24 · Karan Adani
If this does continue, we do foresee shortages of container, which will happen, and shipping lines missing their schedule, and more disruption on the overall supply chain.
Q3-FY25 · Ashwani Gupta
We have been positioning APSEZ as not only a port volume company but a truly integrated transport solution company.
Q3-FY25 · Doraiswami Muthukumaran
Cargo does not fully represent the profitability and the profit margin that we actually get. So therefore, we're trying to reorient to the EBITDA number.
Q3-FY25 · Ashwani Gupta
We don't do any business which does not bring top line and bottom line both.
Q3-FY26 · Ashwani Gupta
All the four business pillars of the company are delivering strong, high double-digit growth rates, much more than the markets, much more than the competition, much more than the trade.
Q3-FY26 · Ashwani Gupta
We have revised our guidance by INR 800 crore.
Q3-FY26 · Ashwani Gupta
There is only one thing, which can take away from reaching the target, which is a big turmoil between the countries and, which is, which may impact the trade.
Q4-FY24 · Ashwani Gupta
We are not facing any challenge which should impact our growth. And whatever risk we have, we are covering it with additional opportunities.
Q4-FY24 · D. Muthukumaran
The qualification is continuing. It's only a matter of time before the qualification should get dropped.
Q4-FY24 · Ashwani Gupta
We are always open for the opportunity if it is driven either by the business need or by the business potential.
Q4-FY25 · Ashwani Gupta
We are shifting our financials from EBITDA percentage of domestic port to the absolute amount of revenue, absolute amount of profit in mid to long term by having a multimodal transport utility business.
Q4-FY25 · D Muthukumaran
We are beyond volume. We are giving you separate ROCE. We are giving you a separate guidance note. In the guidance we have actually taken down the volume as a footnote.
Q4-FY25 · Divij Taneja
We are focusing on control over cargo than custody over the cargo.
Q4-FY26 · Ashwini Gupta
We said 500 million metric tons and we delivered it. This marks an India's infrastructure moment.
Q4-FY26 · Ashwini Gupta
Every year we set a guidance and every year we exceeded. This is not by luck. This is integrated in our culture.
Q4-FY26 · Ashwini Gupta
We have to choose the crisis before the crisis chooses us.