Adani Enterprises Share Price Target: 2024, 2025, 2026, 2027, 2028, and 2030
In this article, we will discuss Adani Enterprises’ share price targets for 2024, 2025, 2026, 2027, 2028, and 2030. Ever since the Hindenburg Report came out, the shares of Adani Enterprises have come down heavily. Today, through this post, we will know in which direction the performance of this flagship company of the Adani Group can be seen going in the coming days.
Adani Enterprise Limited
Adani Enterprises was established in 1988 in Ahmedabad, Gujarat. Adani Enterprises Limited (AEL) is the flagship company of the Adani Group, focusing on establishing new businesses in the infrastructure and energy sectors. company primarily involved in the mining and trading of coal and iron ore.
Through its subsidiaries, the company also has interests in airport operations, road, rail, and water infrastructure, edible oils, data centers, and solar manufacturing, among other things.
Adani Enterprises Limited (AEL) is an incubator for the Adani Group that remains motivated to convert opportunities into thriving businesses until they become self-sustainable. If you want to know more about the company, visit www.adanienterprises.com.
Financials Summary
Consolidated
Standalone
Profit & Loss A/c
Balance Sheet
Ratios
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Revenue | 70,432.69 | 40,290.93 | 44,086.21 | 40,950.62 | 36,516.16 |
| Total Revenue Growth (%) | 74.81 | (8.61) | 7.66 | 12.14 | (2.02) |
| Total Expenses | 69,480.64 | 38,946.07 | 43,162.63 | 40,424.70 | 35,803.81 |
| Total Expenses Growth (%) | 78.40 | (9.77) | 6.77 | 12.91 | (1.03) |
| Profit after Tax (PAT) | 776.56 | 922.64 | 1,138.17 | 717.14 | 757.25 |
| PAT Growth (%) | (15.83) | (18.94) | 58.71 | (5.30) | (23.34) |
| Operating Profit Margin (%) | 5.00 | 6.88 | 5.75 | 5.32 | 5.46 |
| Net Profit Margin (%) | 1.11 | 2.33 | 2.62 | 1.77 | 2.10 |
| Basic EPS (₹) | 7.06 | 8.39 | 10.35 | 6.52 | 6.89 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Assets | 101,760.19 | 51,642.86 | 46,898.36 | 42,536.18 | 56,494.71 |
| Total Assets Growth (%) | 97.05 | 10.12 | 10.26 | (24.71) | 18.46 |
| Total Liabilities | 74,831.82 | 32,732.85 | 28,688.42 | 27,392.47 | 40,627.68 |
| Total Liabilities Growth (%) | 128.61 | 14.10 | 4.73 | (32.58) | 23.15 |
| Total Equity | 26,288.37 | 18,910.01 | 18,209.94 | 15,143.71 | 15,867.03 |
| Total Equity Growth (%) | 39.02 | 3.84 | 20.25 | (4.56) | 7.95 |
| Net Worth | 26,928.37 | 18,910.01 | 18,209.94 | 15,143.71 | 15,867.03 |
| Current Ratio (x) | 0.71 | 0.93 | 1.04 | 1.03 | 1.03 |
| Total Debt to Equity (x) | 1.90 | 0.89 | 0.69 | 0.67 | 1.12 |
| Contingent Liabilities | 25,081.24 | 12,661.10 | 12,097.09 | 7,804.46 | 10,193.20 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Return on Equity (%) | 3.59 | 5.37 | 6.71 | 4.86 | 5.01 |
| Return on Capital Employed (%) | 6.00 | 9.02 | 10.57 | 10.74 | 8.84 |
| Return on Assets (%) | 0.76 | 1.78 | 2.42 | 1.68 | 1.34 |
| Interest Coverage Ratio (x) | 1.87 | 1.98 | 1.59 | 1.32 | 1.57 |
| Asset Turnover Ratio (x) | 0.73 | 76.55 | 92.54 | 94.92 | 63.58 |
| Price to Earnings (x) | 285.71 | 123.46 | 13.30 | 22.62 | 22.73 |
| Price to Book (x) | 10.26 | 6.61 | 0.89 | 1.10 | 1.14 |
| EV/EBITDA (x) | 55.75 | 39.46 | 8.31 | 9.77 | 12.55 |
| EBITDA Margin (%) | 6.80 | 8.24 | 6.83 | 6.29 | 7.31 |
Profit & Loss A/c
Balance Sheet
Ratios
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Revenue | 27,327.55 | 13,750.65 | 16,619.02 | 15,923.60 | 10,166.42 |
| Total Revenue Growth (%) | 98.74 | (17.26) | 4.37 | 56.63 | 20.08 |
| Total Expenses | 26,214.30 | 12,982.54 | 15,964.81 | 15,275.58 | 9,677.48 |
| Total Expenses Growth (%) | 101.92 | (18.68) | 4.51 | 57.85 | 19.93 |
| Profit after Tax (PAT) | 720.70 | 368.81 | 698.89 | 487.24 | 197.03 |
| PAT Growth (%) | 95.41 | (47.23) | 43.44 | 147.29 | (11.10) |
| Operating Profit Margin (%) | 6.28 | 9.53 | 6.38 | 7.90 | 12.09 |
| Net Profit Margin (%) | 2.68 | 2.76 | 4.31 | 3.13 | 2.06 |
| Basic EPS (₹) | 6.55 | 3.35 | 6.35 | 4.43 | 1.79 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Assets | 21,651.88 | 12,992.26 | 13,885.57 | 14,489.86 | 15,410.66 |
| Total Assets Growth (%) | 66.65 | (6.43) | (4.17) | (5.98) | 5.13 |
| Total Liabilities | 16,411.22 | 8,864.27 | 10,124.57 | 11,241.04 | 11,502.26 |
| Total Liabilities Growth (%) | 85.14 | (12.45) | (9.93) | (2.27) | 5.61 |
| Total Equity | 4,730.66 | 4,127.99 | 3,761.00 | 3,248.82 | 3,908.40 |
| Total Equity Growth (%) | 14.60 | 9.76 | 15.77 | (16.88) | 3.75 |
| Net Worth | 5,240.66 | 4,127.99 | 3,761.00 | 3,248.82 | 3,908.40 |
| Current Ratio (x) | 1.09 | 1.08 | 1.02 | 1.00 | 1.00 |
| Total Debt to Equity (x) | 0.89 | 0.67 | 0.73 | 0.88 | 1.68 |
| Contingent Liabilities | 7,305.21 | 6,614.21 | 6,057.80 | 5,982.21 | 8,877.46 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Return on Equity (%) | 15.23 | 8.93 | 18.58 | 14.99 | 5.04 |
| Return on Capital Employed (%) | 22.52 | 22.91 | 21.12 | 28.59 | 20.52 |
| Return on Assets (%) | 3.32 | 2.83 | 5.03 | 3.36 | 1.27 |
| Interest Coverage Ratio (x) | 3.17 | 2.52 | 2.72 | 2.12 | 1.73 |
| Asset Turnover Ratio (x) | 1.55 | 102.82 | 116.73 | 107.25 | 61.97 |
| Price to Earnings (x) | 312.50 | 312.50 | 21.69 | 33.33 | 87.72 |
| Price to Book (x) | 46.86 | 27.46 | 4.02 | 4.99 | 4.40 |
| EV/EBITDA (x) | 124.59 | 82.90 | 14.77 | 14.06 | 18.71 |
| EBITDA Margin (%) | 6.74 | 10.44 | 7.13 | 8.55 | 13.01 |
Important Note: These price targets for “Adani Enterprise Limited” are only for reference purposes. Short-term and long-term Adani Enterprise Limited stock price predictions may be different due to the different analyzed time series. This prediction is only valid if there are positive market sentiments; any uncertainties in the company or global market condition are not covered in this analysis.
Adani Enterprise share price target for 2023
Ever since the Hindenburg Report on Adani Enterprises was published, the shares of the group companies have taken a massive hit. This shows that people’s trust in the group has definitely decreased due to the report. But if we look at the financial performance of the group, it can be understood that there is no need to panic; the financial strength of the group will definitely improve the stocks of the group companies in the years to come.
| Year | First Target | Second Target |
|---|---|---|
| 2023 | ₹ 2,500 | ₹ 2,750 |
Adani Enterprise share price target for 2024
When we analyze the business portfolio of Adani Enterprises Limited, we see that the company has expanded its business in those segments that are very important for a country. I mean those areas which are directly related to the progress of a country or region. Airports, roads, ports, metro and rail systems, mining services, water, agriculture, solar manufacturing, and defense are just a few examples. The company is doing business in these segments, and in the coming years, good growth will be seen in these areas as well.
| Year | First Target | Second Target |
|---|---|---|
| 2024 | ₹ 3,600 | ₹ 4,000 |
Adani Enterprise share price target for 2025
If we talk about the major revenue source of the company, then the company has sustained revenue flow from the National Highways Authority of India (NHAI), as the company has completed major road infrastructure projects as per the timelines. Along with this, the successful maintenance of various airports by the company also translates into sustainable revenue streams.
With data consumption continuing to pick up with favorable government policies, the company is bullish on expanding its data center business. Companies are aggressively pursuing opportunities to build data centers, data center parks, and lay undersea cables to meet the growing demand for data consumption. From all this, we can understand that in the future, the company will grow further and give good returns to its investors.
| Year | First Target | Second Target |
|---|---|---|
| 2025 | ₹ 4,800 | ₹ 5,200 |
Adani Enterprise share price target for 2026
So far, almost every business segment of the company has performed well. The company’s solar manufacturing business made a turnaround to deliver exceptional performance during the year. It registered a volume growth of 55% at 990 MW as compared to 637 MW in the previous year. In addition, the segment also delivered significant margin improvement, with EBITDA growing eight times due to improved volumes as well as better realizations.
| Year | First Target | Second Target |
|---|---|---|
| 2025 | ₹ 6,100 | ₹ 6,400 |
Adani Enterprise share price target for 2027
Adani Enterprises continues to identify and invest in new businesses; in the same vein, the company has shown better performance in its core businesses. The company’s natural resources business is one of the fastest-growing and dominates its market. Now the Natural Resources business of the company is actively focusing on diversification opportunities to own mines in a range of minerals such as iron ore, chromite, diamond, and many other key minerals.
| Year | First Target | Second Target |
|---|---|---|
| 2027 | ₹ 7,100 | ₹ 7,600 |
Adani Enterprise share price target for 2028
If we talk about the resource mining business of the company, then it is also performing well. The company has seven coal blocks. Company Parsa East & Kente Basan (PEKB) Mine, the first and the only captive open-cast coal mine with washeries in the country, continued to operate at its peak capacity of 15 MMT per annum. Adani Enterprises has also signed two long-term mining contracts with Chhattisgarh State Power Generation Company Ltd. (CSPGCL) for the Gidhmuri Paturia coal block (5.6 MMT) and Odisha Mining Corporation Limited (OMC) for the Kurmitar Iron Ore Mine (6 MMT).
| Year | First Target | Second Target |
|---|---|---|
| 2028 | ₹ 8,500 | ₹ 9,000 |
Adani Enterprise share price target for 2030
The company has also acquired other companies to grow its business and perform well in business segments, such as Alpha Design Technologies Pvt. Ltd., a leading company involved in the design, development, and manufacture of defense electronics, avionics, aero-structure assemblies, and space and satellite systems, which provides strong tier-1 capabilities to gradually move towards the development of platform capabilities.
| Year | First Target | Second Target |
|---|---|---|
| 2030 | ₹ 11,800 | ₹ 13,000 |
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Adani Enterprise Limited share price targets for 2023, 2024, 2025, 2026, 2028, and 2030 are shown in the table below.
| Year | First Target | Second Target |
|---|---|---|
| 2023 | ₹ 2,500 | ₹ 2,700 |
| 2024 | ₹ 3,600 | ₹ 4,000 |
| 2025 | ₹ 4,800 | ₹ 5,200 |
| 2026 | ₹ 6,100 | ₹ 6,400 |
| 2027 | ₹ 7,100 | ₹ 7,600 |
| 2028 | ₹ 8,500 | ₹ 9,000 |
| 2030 | ₹ 11,800 | ₹ 13,000 |
Recommendations: Invest in Adani Enterprise Limited stock or sell it?
If we analyze the present data of the company, then the company is expected to grow well in the future and is capable of giving good returns to its investors as it is operating in every profitable sector today and in the future. Creating unicorn companies such as Transmission, Adani Power, Adani Ports & SEZ, Adani Green Energy, and the recently formed Adani Gas all have good returns. And if we talk about the company’s next-generation strategic business investments, then they include solar PV manufacturing, airport management, technology parks, water infrastructure, etc. These investments are profitable for the future and can give new height to the company.
FAQ’s
What is the PE ratio (price-earnings ratio) of Adani Enterprise Limited?
The current PE ratio of Adani Enterprise Limited is 172.15.
What is the 52-week high and low of Adani Enterprise Limited’s share price?
Adani Enterprise Limited share price saw a 52-week high of ₹ 4,190 and a 52-week low of ₹ 1,017.45.
What will Adani Enterprise Limited’s share price target be for 2024?
The first target of Adani Enterprise Limited's share price can be at or below ₹ 3,600 and the second one is at or below ₹ 4,000 in 2024.
What will be the Adani Enterprise Limited share price target in the next 5 years?
The first target for Adani Enterprise Limited's share price in the next five years is ₹ 8,500, and the second target is ₹ 9,000.
What will be the Adani Enterprise Limited share price target in the next 7 years?
In the next 7 years, the first target for Adani Enterprise Limited's share price can be ₹ 11,800, and the second is ₹ 13,000.
Is it profitable to invest in Adani Enterprise Limited stock?
If we analyze the present data of the company, then the company is expected to grow well in the future and is capable of giving good returns to its investors as it is operating in every profitable sector today and in the future. Adani Enterprise Ltd. shares have a positive outlook for the future and are good for investment purposes.
What are the key metrics to analyze Adani Enterprise Limited’s share price?
Adani Enterprise Limited's share price can be quickly analyzed on the basis of the following parameters:
- Stock's PE: 172.15
- Return on Capital Employed: 6%
- Return on Equity: 3.59%
- Price to Book Ratio: 10.26
- Dividend Yield: 0.05%
- EPS: ₹ 10.73
Note: For detailed ratios, refer to the financials section.
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