Adani Ports' Q1 revenue climbed 18.6% YoY to ₹10,821 crore, and the stock finished at ₹1,760.50, up 3.07% on the NSE. A block transaction saw 70.5 lakh shares – about 0.3% of the company – change hands for ₹1,234 crore at ₹1,754 per share, underscoring institutional interest.
The quarter's earnings mirrored the revenue lift: net profit surged 9.2% to ₹3,620 crore from ₹3,315 crore, while EBITDA rose 19% to ₹6,540 crore, pushing the margin to 60.4% from 60.2% year‑ago. These figures sit well above the sector average, which hovered around 55% for comparable port operators.
Cargo throughput grew 15% YoY to 138.1 MMT, up from 120.6 MMT, reflecting steady demand for dry‑bulk berths. In tandem, the newly incorporated Paradip Mahanadi Terminal Ltd. is slated to add 18 MMT of capacity, bringing total domestic handling to 671 MMT as the company targets one‑billion‑tonne throughput by 2030.
Guidance remains unchanged: FY27 EBITDA is projected at ₹25,000‑26,000 crore, with revenue forecast between ₹43,000‑45,000 crore. Jefferies keeps a ‘Buy’ rating with a ₹2,160 target, signalling confidence in the firm’s expansion trajectory.
Investors will await Q2 and FY27 earnings on Oct. 28, 2026. The stock’s recent 3.07% gain may temper expectations for immediate upside, but the company’s robust cargo volumes and expansion plans set the stage for sustained growth.