Adani Enterprises Limited (ADANIENT) - Net Assets

Latest as of September 2025: Rs615.78 Billion INR ≈ $6.66 Billion USD

Based on the latest financial reports, Adani Enterprises Limited (ADANIENT) has net assets worth Rs615.78 Billion INR (≈ $6.66 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.21 Trillion ≈ $23.94 Billion USD) and total liabilities (Rs1.60 Trillion ≈ $17.29 Billion USD). 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. Check asset resilience ratio of Adani Enterprises Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs615.78 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. Also explore Adani Enterprises Limited asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Adani Enterprises Limited worth.

Year	Net Assets	Change
2025-03-31	Rs564.70 Billion ≈ $6.11 Billion	+27.80%
2024-03-31	Rs441.86 Billion ≈ $4.78 Billion	+16.62%
2023-03-31	Rs378.90 Billion ≈ $4.10 Billion	+40.71%
2022-03-31	Rs269.28 Billion ≈ $2.91 Billion	+42.40%
2021-03-31	Rs189.10 Billion ≈ $2.05 Billion	+3.84%
2020-03-31	Rs182.10 Billion ≈ $1.97 Billion	+20.25%
2019-03-31	Rs151.44 Billion ≈ $1.64 Billion	-2.85%
2018-03-31	Rs155.88 Billion ≈ $1.69 Billion	+6.06%
2017-03-31	Rs146.98 Billion ≈ $1.59 Billion	+8.87%
2016-03-31	Rs135.01 Billion ≈ $1.46 Billion	-54.74%
2015-03-31	Rs298.30 Billion ≈ $3.23 Billion	+5.64%
2014-03-31	Rs282.38 Billion ≈ $3.05 Billion	+14.36%
2013-03-31	Rs246.93 Billion ≈ $2.67 Billion	+7.58%
2012-03-31	Rs229.52 Billion ≈ $2.48 Billion	+9.18%
2011-03-31	Rs210.23 Billion ≈ $2.27 Billion	+166.47%
2010-03-31	Rs78.90 Billion ≈ $853.22 Million	+125.68%
2009-03-31	Rs34.96 Billion ≈ $378.06 Million	+41.23%
2008-03-31	Rs24.75 Billion ≈ $267.69 Million	+114.37%
2007-03-31	Rs11.55 Billion ≈ $124.88 Million	+35.45%
2006-03-31	Rs8.53 Billion ≈ $92.19 Million	+14.75%
2005-03-31	Rs7.43 Billion ≈ $80.35 Million	+6.44%
2004-03-31	Rs6.98 Billion ≈ $75.49 Million	--

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	Rs251.39 Billion	49.96%
Common Stock	Rs1.15 Billion	0.23%
Other Comprehensive Income	Rs106.86 Billion	21.24%
Other Components	Rs143.74 Billion	28.57%
Total Equity	Rs503.14 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
DAIKIN INDUSTR.UNSP.ADR F:DKIA	$31.31 Billion
Samsung Biologics Co Ltd KO:207940	$31.37 Billion
Fairfax Financial Holdings Ltd TO:FFH	$31.39 Billion
Bajaj Finserv Limited NSE:BAJAJFINSV	$31.41 Billion
Fresnillo plc F:FNL	$31.27 Billion
Kering SA PA:KER	$31.24 Billion
ANGLO AMERICAN SP.ADR 1/2 F:NGLD	$31.21 Billion
Volkswagen AG XETRA:VOW	$31.12 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	Rs70.99 Billion	+14.11%
Dividends Paid	Rs1.48 Billion	-0.29%
Share Repurchases	Rs41.68 Billion	-8.28%
Share Issuances	Rs41.68 Billion	+8.28%
Other Comprehensive Income	Rs10.57 Billion	+2.1%
Other Changes	Rs32.30 Billion	+6.42%
Total Change	Rs-	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: 5.84x
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 394.21x to 5.84x 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	Rs6.36	Rs2505.90	x
2005-03-31	Rs6.77	Rs2505.90	x
2006-03-31	Rs7.76	Rs2505.90	x
2007-03-31	Rs10.48	Rs2505.90	x
2008-03-31	Rs19.35	Rs2505.90	x
2009-03-31	Rs27.49	Rs2505.90	x
2010-03-31	Rs54.98	Rs2505.90	x
2011-03-31	Rs159.50	Rs2505.90	x
2012-03-31	Rs177.21	Rs2505.90	x
2013-03-31	Rs195.11	Rs2505.90	x
2014-03-31	Rs216.01	Rs2505.90	x
2015-03-31	Rs233.93	Rs2505.90	x
2016-03-31	Rs121.98	Rs2505.90	x
2017-03-31	Rs128.53	Rs2505.90	x
2018-03-31	Rs137.20	Rs2505.90	x
2019-03-31	Rs134.17	Rs2505.90	x
2020-03-31	Rs154.09	Rs2505.90	x
2021-03-31	Rs156.01	Rs2505.90	x
2022-03-31	Rs202.37	Rs2505.90	x
2023-03-31	Rs291.07	Rs2505.90	x
2024-03-31	Rs342.77	Rs2505.90	x
2025-03-31	Rs429.15	Rs2505.90	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	Rs702.57 Million
2005	16.36%	0.81%	4.09x	4.94x	Rs472.85 Million
2006	15.79%	1.09%	2.81x	5.16x	Rs493.80 Million
2007	15.41%	1.05%	2.14x	6.88x	Rs622.95 Million
2008	17.69%	1.92%	1.58x	5.84x	Rs1.64 Billion
2009	16.72%	1.92%	1.30x	6.68x	Rs2.03 Billion
2010	16.12%	3.76%	0.85x	5.05x	Rs3.69 Billion
2011	16.13%	10.53%	0.42x	3.66x	Rs10.74 Billion
2012	10.37%	5.13%	0.37x	5.49x	Rs713.49 Million
2013	7.52%	3.47%	0.41x	5.23x	Rs-5.33 Billion
2014	8.20%	3.02%	0.55x	4.98x	Rs-4.28 Billion
2015	7.57%	3.02%	0.49x	5.09x	Rs-6.25 Billion
2016	7.53%	2.98%	0.75x	3.37x	Rs-3.31 Billion
2017	6.99%	2.70%	0.77x	3.37x	Rs-4.26 Billion
2018	5.02%	2.11%	0.63x	3.78x	Rs-7.52 Billion
2019	4.86%	1.78%	0.95x	2.87x	Rs-7.58 Billion
2020	6.72%	2.62%	0.93x	2.77x	Rs-5.56 Billion
2021	5.38%	2.33%	0.77x	3.01x	Rs-7.93 Billion
2022	3.49%	1.12%	0.68x	4.57x	Rs-14.49 Billion
2023	7.48%	1.94%	0.90x	4.28x	Rs-8.32 Billion
2024	8.29%	3.36%	0.60x	4.11x	Rs-6.67 Billion
2025	14.11%	7.25%	0.49x	3.94x	Rs20.68 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: $87,896,097,611
Average return on equity (ROE) among peers: 26.66%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Adani Enterprises Limited (ADANIENT)	Rs615.78 Billion	20.07%	2.60x	$31.28 Billion
Anmol India Limited (ANMOL)	$87.09 Million	12.50%	7.94x	$7.35 Million
Coal India Limited (COALINDIA)	$485.36 Billion	35.76%	1.50x	$30.42 Billion
Gujarat Mineral Development Corporation Limited (GMDCLTD)	$33.69 Billion	6.50%	0.59x	$2.35 Billion
GMR Power and Urban Infra Limited (GMRP&UI)	$7.18 Billion	197.50%	22.67x	$837.16 Million
Mercator Limited (MERCATOR)	$903.71 Million	55.42%	1.37x	$2.78 Million
Refex Industries Limited (REFEX)	$158.48 Million	-147.70%	3.53x	$390.23 Million

About Adani Enterprises Limited

NSE:ADANIENT India Thermal Coal

Market Cap

$31.28 Billion

Rs2.89 Trillion INR

Market Cap Rank

#847 Global

#22 in India

Share Price

Rs2505.90

Change (1 day)

-0.31%

52-Week Range

Rs1758.80 - Rs2676.40

All Time High

Rs4161.54