Adani Enterprises Limited
Adani Enterprises Limited, together with its subsidiaries, operates in the new energy ecosystem, data center, airports, roads, copper, digital space, ropeway system, and other sectors in India and internationally. It operates through the Integrated Resources Management (IRM), Mining Services, Commercial Mining, New Energy Ecosystem, Airport, Road, and Others segments. The company engages in the i… Read more
Adani Enterprises Limited (ADANIENT) - Net Assets
Latest net assets as of September 2025: ₹615.78 Billion INR
Based on the latest financial reports, Adani Enterprises Limited (ADANIENT) has net assets worth ₹615.78 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.21 Trillion) and total liabilities (₹1.60 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹615.78 Billion |
| % of Total Assets | 27.81% |
| Annual Growth Rate | 23.27% |
| 5-Year Change | 198.63% |
| 10-Year Change | 318.27% |
| Growth Volatility | 47.86 |
Adani Enterprises Limited - Net Assets Trend (2004–2025)
This chart illustrates how Adani Enterprises Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Adani Enterprises Limited (2004–2025)
The table below shows the annual net assets of Adani Enterprises Limited from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹564.70 Billion | +27.80% |
| 2024-03-31 | ₹441.86 Billion | +16.62% |
| 2023-03-31 | ₹378.90 Billion | +40.71% |
| 2022-03-31 | ₹269.28 Billion | +42.40% |
| 2021-03-31 | ₹189.10 Billion | +3.84% |
| 2020-03-31 | ₹182.10 Billion | +20.25% |
| 2019-03-31 | ₹151.44 Billion | -2.85% |
| 2018-03-31 | ₹155.88 Billion | +6.06% |
| 2017-03-31 | ₹146.98 Billion | +8.87% |
| 2016-03-31 | ₹135.01 Billion | -54.74% |
| 2015-03-31 | ₹298.30 Billion | +5.64% |
| 2014-03-31 | ₹282.38 Billion | +14.36% |
| 2013-03-31 | ₹246.93 Billion | +7.58% |
| 2012-03-31 | ₹229.52 Billion | +9.18% |
| 2011-03-31 | ₹210.23 Billion | +166.47% |
| 2010-03-31 | ₹78.90 Billion | +125.68% |
| 2009-03-31 | ₹34.96 Billion | +41.23% |
| 2008-03-31 | ₹24.75 Billion | +114.37% |
| 2007-03-31 | ₹11.55 Billion | +35.45% |
| 2006-03-31 | ₹8.53 Billion | +14.75% |
| 2005-03-31 | ₹7.43 Billion | +6.44% |
| 2004-03-31 | ₹6.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adani Enterprises Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 25138690000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹251.39 Billion | 49.96% |
| Common Stock | ₹1.15 Billion | 0.23% |
| Other Comprehensive Income | ₹106.86 Billion | 21.24% |
| Other Components | ₹143.74 Billion | 28.57% |
| Total Equity | ₹503.14 Billion | 100.00% |
Adani Enterprises Limited Competitors by Market Cap
The table below lists competitors of Adani Enterprises Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SARTORIUS AG SARTORIUS PREF SHS
LSE:0NIR
|
$8.27 Billion |
|
Knight Transportation Inc
NYSE:KNX
|
$8.27 Billion |
|
AptarGroup Inc
NYSE:ATR
|
$8.27 Billion |
|
Military Commercial Joint Stock Bank
VN:MBB
|
$8.27 Billion |
|
AGREE RLTY CORP. DL-0001
F:AGL
|
$8.24 Billion |
|
Equatorial Energia S.A
SA:EQTL3
|
$8.24 Billion |
|
Molson Coors Beverage Company
NYSE:TAP-A
|
$8.24 Billion |
|
Federal Home Loan Mortgage Corp CP Pref
OTCQB:FMCCP
|
$8.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adani Enterprises Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 390,760,900,000 to 503,139,700,000, a change of 112,378,800,000 (28.8%).
- Net income of 70,990,000,000 contributed positively to equity growth.
- Dividend payments of 1,482,000,000 reduced retained earnings.
- Share repurchases of 41,683,600,000 reduced equity.
- New share issuances of 41,683,600,000 increased equity.
- Other comprehensive income increased equity by 10,574,500,000.
- Other factors increased equity by 32,296,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹70.99 Billion | +14.11% |
| Dividends Paid | ₹1.48 Billion | -0.29% |
| Share Repurchases | ₹41.68 Billion | -8.28% |
| Share Issuances | ₹41.68 Billion | +8.28% |
| Other Comprehensive Income | ₹10.57 Billion | +2.1% |
| Other Changes | ₹32.30 Billion | +6.42% |
| Total Change | ₹- | 28.76% |
Book Value vs Market Value Analysis
This analysis compares Adani Enterprises Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 310.76x to 4.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹6.36 | ₹1975.40 | x |
| 2005-03-31 | ₹6.77 | ₹1975.40 | x |
| 2006-03-31 | ₹7.76 | ₹1975.40 | x |
| 2007-03-31 | ₹10.48 | ₹1975.40 | x |
| 2008-03-31 | ₹19.35 | ₹1975.40 | x |
| 2009-03-31 | ₹27.49 | ₹1975.40 | x |
| 2010-03-31 | ₹54.98 | ₹1975.40 | x |
| 2011-03-31 | ₹159.50 | ₹1975.40 | x |
| 2012-03-31 | ₹177.21 | ₹1975.40 | x |
| 2013-03-31 | ₹195.11 | ₹1975.40 | x |
| 2014-03-31 | ₹216.01 | ₹1975.40 | x |
| 2015-03-31 | ₹233.93 | ₹1975.40 | x |
| 2016-03-31 | ₹121.98 | ₹1975.40 | x |
| 2017-03-31 | ₹128.53 | ₹1975.40 | x |
| 2018-03-31 | ₹137.20 | ₹1975.40 | x |
| 2019-03-31 | ₹134.17 | ₹1975.40 | x |
| 2020-03-31 | ₹154.09 | ₹1975.40 | x |
| 2021-03-31 | ₹156.01 | ₹1975.40 | x |
| 2022-03-31 | ₹202.37 | ₹1975.40 | x |
| 2023-03-31 | ₹291.07 | ₹1975.40 | x |
| 2024-03-31 | ₹342.77 | ₹1975.40 | x |
| 2025-03-31 | ₹429.15 | ₹1975.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adani Enterprises Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.25%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 3.94x
- Recent ROE (14.11%) is above the historical average (10.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 20.07% | 1.57% | 4.09x | 3.12x | ₹702.57 Million |
| 2005 | 16.36% | 0.81% | 4.09x | 4.94x | ₹472.85 Million |
| 2006 | 15.79% | 1.09% | 2.81x | 5.16x | ₹493.80 Million |
| 2007 | 15.41% | 1.05% | 2.14x | 6.88x | ₹622.95 Million |
| 2008 | 17.69% | 1.92% | 1.58x | 5.84x | ₹1.64 Billion |
| 2009 | 16.72% | 1.92% | 1.30x | 6.68x | ₹2.03 Billion |
| 2010 | 16.12% | 3.76% | 0.85x | 5.05x | ₹3.69 Billion |
| 2011 | 16.13% | 10.53% | 0.42x | 3.66x | ₹10.74 Billion |
| 2012 | 10.37% | 5.13% | 0.37x | 5.49x | ₹713.49 Million |
| 2013 | 7.52% | 3.47% | 0.41x | 5.23x | ₹-5.33 Billion |
| 2014 | 8.20% | 3.02% | 0.55x | 4.98x | ₹-4.28 Billion |
| 2015 | 7.57% | 3.02% | 0.49x | 5.09x | ₹-6.25 Billion |
| 2016 | 7.53% | 2.98% | 0.75x | 3.37x | ₹-3.31 Billion |
| 2017 | 6.99% | 2.70% | 0.77x | 3.37x | ₹-4.26 Billion |
| 2018 | 5.02% | 2.11% | 0.63x | 3.78x | ₹-7.52 Billion |
| 2019 | 4.86% | 1.78% | 0.95x | 2.87x | ₹-7.58 Billion |
| 2020 | 6.72% | 2.62% | 0.93x | 2.77x | ₹-5.56 Billion |
| 2021 | 5.38% | 2.33% | 0.77x | 3.01x | ₹-7.93 Billion |
| 2022 | 3.49% | 1.12% | 0.68x | 4.57x | ₹-14.49 Billion |
| 2023 | 7.48% | 1.94% | 0.90x | 4.28x | ₹-8.32 Billion |
| 2024 | 8.29% | 3.36% | 0.60x | 4.11x | ₹-6.67 Billion |
| 2025 | 14.11% | 7.25% | 0.49x | 3.94x | ₹20.68 Billion |
Industry Comparison
This section compares Adani Enterprises Limited's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $40,478,800,407
- Average return on equity (ROE) among peers: 25.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adani Enterprises Limited (ADANIENT) | ₹615.78 Billion | 20.07% | 2.60x | $8.25 Billion |
| Anmol India Limited (ANMOL) | $113.32 Million | 23.14% | 5.46x | $3.48 Million |
| Coal India Limited (COALINDIA) | $202.09 Billion | 34.83% | 5.31x | $13.53 Billion |
| Gujarat Mineral Development Corporation Limited (GMDCLTD) | $57.55 Billion | 20.93% | 0.20x | $525.99 Million |
| GMR Power and Urban Infra Limited (GMRP&UI) | $-18.18 Billion | 0.00% | 0.00x | $295.15 Million |
| Mercator Limited (MERCATOR) | $903.71 Million | 55.42% | 1.37x | $2.58 Million |
| Refex Industries Limited (REFEX) | $392.56 Million | 18.41% | 1.67x | $131.41 Million |