About Adani Enterprises Limited (AEL)

Adani Enterprises Limited (AEL), the flagship incubator of the Adani portfolio, was incorporated in 1993 and is listed on BSE and NSE. Its mandate is to build and scale infrastructure and next-generation businesses across India and selected international markets. Positioned as India’s largest business incubator, it channels capital and operational expertise into platforms such as new energy manufacturing, airports, roads, data centers, natural resources, copper, defence, and aerospace. AEL operates in 18 Indian states and seven countries, with exports contributing 31.25% of consolidated turnover. The customer base is largely B2B, with airports as the main B2C business.

Its portfolio spans Integrated Resource Management (procurement and logistics of minerals), Mining Services and Commercial Mining, a New Energy ecosystem (solar cells/modules, wind turbines), Airports, Roads, Data Centers, Kutch Copper, Defence & Aerospace, Bunkering, and Adani Digital Labs. Notable capacities include 4 GW solar cell/module manufacturing, 2.25 GW wind turbine generator capacity, 210+ MW data center capacity, and seven operational airports in India.

Adani Enterprises Limited’s Business Segments

• Natural Resources: IRM, Mining Services, Commercial Mining for industrial and utility clients.
• New Energy Ecosystem: Solar and wind manufacturing supporting the green hydrogen value chain.
• Transport & Infrastructure: Airports, Roads, Data Centers, and Kutch Copper operations.
• Defence & Aerospace: Small arms, ammunition, UAVs, counter-drone systems, missiles, and AI/ML-enabled solutions.

Adani Enterprises Limited’s Revenue by Vertical 

Revenue by Vertical: IRM 41%; New Energy 14%; Airport Business 10%; Road Business 10%; Commercial Mining 6%; Mining Services 4%; Bunkering 2%; Defence & Aerospace 2%; Copper 2%.

Adani Enterprises Limited’s Geographic Presence 

Geography: Exports form 31.25% of turnover; AEL has 44 national and seven international sites.

Adani Enterprises Limited Key Management

• Gautam S. Adani, Chairman – Board leadership and strategic oversight.
• Rajesh S. Adani, Managing Director – Executive management.
• Jugeshinder Singh, CFO – Finance, risk, and M&A strategy.

Latest Updates on Adani Enterprises Limited (AEL)

• Financials: FY 2024-25 revenue rose 2% to ₹1,00,365 crore, EBITDA grew 26% to ₹16,722 crore; capex was ₹1,12,568 crore; net external debt/EBITDA at 2.9x.
• Portfolio Actions: Exited the Wilmar JV (AWL), including 13.51% dilution via OFS on Jan 13, 2025, generating exceptional gains.
• Airports: Added 40 new routes, 16 airline partners, 43 flights; Navi Mumbai Airport saw its first commercial flight.
• Sustainability/Governance: Adopted ISO 37001 in Solar Manufacturing; 78% employees trained on Code of Conduct.

Leadership: Pranav V. Adani re-appointed Executive Director from Apr 1, 2025, to Mar 31, 2030.