Adani Enterprise Share Price Dips as Q1 Profit Falls 50% YoY

Market Performance

Adani Enterprise share price witnessed pressure following the release of its Q1 FY26 results.

• The stock was down nearly 4%, trading at Rs 2,434 on the NSE during the afternoon session.
• The decline came after the company reported a significant drop in profitability for the quarter.

Main News

Adani Enterprises Ltd (AEL) reported a sharp 50% year-on-year decline in consolidated net profit, totaling Rs 734 crore for the quarter ending June 2025.

This performance was mainly impacted by:

• Lower trading volumes
• Weak index price realisations in the integrated resource management and commercial mining segments

Additionally, consolidated revenue dipped 14% YoY, falling from Rs 26,067 crore to Rs 22,437 crore.

Company Financials

Revenue

• Q1 FY26 revenue stood at Rs 22,437 crore
• This marks a 14% decline from Rs 26,067 crore in Q1 FY25

EBITDA

• EBITDA fell 12% YoY, settling at Rs 3,786 crore

EBITDA Margins

• Contribution from incubating businesses to consolidated EBITDA: 74%
• EBITDA from incubating segments rose 5% YoY to Rs 2,800 crore

Net Profit

• Consolidated net profit for the quarter dropped by 50% YoY to Rs 734 crore

Profit Before Tax

• Pre-tax profit declined 34%, down to Rs 1,466 crore

Segment-Wise Performance

Airports Business

• EBITDA for the airports segment surged 61% YoY, reaching Rs 1,094 crore
• Passenger traffic increased from 22.8 million to 23.4 million
• Growth driven by higher footfall and stronger non-aeronautical revenue streams

Adani New Industries (ANIL)

• ANIL posted an EBITDA decline of 26%, down to Rs 1,212 crore
• The dip was due to lower volumes and weaker price realisations

Mining Services

• Dispatch volumes increased 30% YoY to 12.1 million tonnes

Strategic Developments

• AEL exited part of its stake in Adani Wilmar, raising Rs 3,700 crore through a block deal
• A pact has been signed with Wilmar Group to divest the remaining 20% stake
• The company also successfully raised Rs 1,000 crore via a public issue of non-convertible debentures, fully subscribed in under three hours

Company Overview

Adani Enterprises continues to build its infrastructure-led incubating business model.

Despite core business pressures, its future-oriented verticals such as airports, roads, and green hydrogen are maintaining momentum.

Chairman Gautam Adani highlighted key upcoming assets:

• Navi Mumbai International Airport
• Copper Plant
• Ganga Expressway

These are expected to strengthen AEL’s infrastructure ecosystem as they become operational.

Summary of the Article

The Q1 FY26 performance of Adani Enterprises revealed challenges in its core operations, reflected in a 50% drop in net profit and a 14% revenue decline.

While the Adani Enterprise share price reacted negatively post-results, incubating businesses such as airports showed robust EBITDA growth. Strategic capital moves, including divestments and debenture issuance, showcased financial agility amid volatile earnings.