APSEZ, also called Adani Ports and Sez is an integrated port infrastructure company that operates multiple ports along the Indian coastline. Port maintenance, sophisticated transportation infrastructure and maintaining a maritime trade ecosystem fall under the domain of the Adani Group conglomerate.
The Adani Group controls 6 major ports in India with 2 located in Gujarat and the rest located in Odisha, Goa and Andhra Pradesh.
The stock of this port infrastructure company has surged 92% in the past year, outpacing the Nifty’s 50 benchmark. Read on to learn more about the company’s performance.
Adani Ports and Sez Financial Analysis
The table given below includes some of the factors based on which you can decide how strong or weak a share can get in the future. EBITDA stands for Earning Before Interest, Taxes, Depreciation and Amortization and is a representation of a company’s financial performance.
The growth trajectory of APSEZ seems promising as the firm aims to achieve EBITDA in the range of Rs 14,500- Rs 15,000 crore in the financial year 2024.
Here are other key performance indicators mentioned below.
| Category | March 2023
(In Crores) |
March 2022
(In Crores) |
| Gross Revenue From Operations | 5159.88 | 4146.80 |
| Total Operating Revenue | 5237.15 | 4206.22 |
| Total Revenue | 8235.94 | 6725.53 |
How Risky Is It For New Investors to Buy APSEZ Shares?
A sustained growth across several years indicates long-term success which makes APSEZ an attractive trading option. However, market fluctuations and global economic trends can affect share prices.
According to the Adani Ports share price chart, the trend of purchasing a share is upwards. Owing to the TTM P/E ratio being 28.80, 10 analysts give the share a strong buy rating whereas 7 have given a strong buy rating. APSEZ also has a 65.89% promoter holding and 34.11% public holding.
Experts further mention that the stock of this port infrastructure company has surged 92% in the past year, outpacing a 30% gain in the Nifty 50.
Although the firm lost its momentum post the release of the Hindenburg report, it is now back in the game. Within two weeks of the release of the group, the market value of the group dropped to Rs 6.7 lakh crore from Rs 19.2 lakh crore. However, the market cap has now risen to Rs 14.5 lakh crore.
Following a 24% surge in cargo volumes during the financial year of 2024, Adani Ports and SEZ is expected to exceed its revised full year cargo volume target of 400 million tonnes.
Predicted Price Target of Adani Ports Share Price:
In the past 1 year, the stock soared 92% surpassing Nifty 50. Owing to the surge in cargo volumes, analysts are predicting continued growth. Adani Ports share price is expected to range between Rs 1,560 and Rs 1,600 as per the leading stock market analysts.
Conclusion
Based in Ahmedabad, the Adani Group is one of the most rapidly expanding business portfolios. The interests span logistics including seaports, shipping and airports along with public transport infrastructure and energy.
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