Consolidated Income increased by 96% to Rs. 1,38,175 cr

 

Consolidated EBIDTA increased by 112% to Rs. 10,025 cr on account of

 

strong operational performance across businesses

 

Attributable PAT increased by 218% to Rs. 2,473 cr

 


EDITOR’S SYNOPSIS

Financial Highlights Q4 FY23 (Consolidated) (YoY Basis):

 

  • Total Income increased by 26% to Rs. 31,716 cr
  • EBIDTA increased by 157% to Rs. 3,957 cr
  • Attributable PAT increased by 137% to Rs. 722 cr

 

Business Highlights:

 

Business

Highlights

ANIL Ecosystem

  • Cell line COD declared on 31st March, 2023 for new 2.0 GW plant

  • Completed upgradation of existing 1.5 GW module line to 2.0 GW with TOPCON Cell Technology and COD declared on 1st April, 2023

AAHL - Airports

  • Mumbai airport achieves Highest Level 4+ “Transition” of ACA on carbon management maturity

ARTL - Roads

  • Completed 3 HAM road projects during FY 23
  • Construction in full swing in remaining 10 projects
  • 3 Border Check Posts made operational during Q4 FY23 in Maharashtra Border Check Post project

 

Operational Highlights (YoY Basis):

 

Business

FY23

Q4 FY23

ANIL Ecosystem

Modules volume up by 15% to 1275 MW

Modules volume up by 4% to 315 MW

AAHL – Airports (Seven Operational) 

Pax movements up by 103% to 74.8 Mn

Pax movements up by 74% to 21.4 Mn

Primary Industries Mining Services

Production volume up by 7% to 29.7 MMT

Production volume up by 17% to 10.0 MMT

Primary Industries IRM

Volume up by 37% to 88.2 MMT

Volume up by 20% to 20.5 MMT

 

 

Ahmedabad, May 4, 2023: Adani Enterprises Ltd (AEL), part of the Adani Group, today announced its results for the financial year and quarter ended March 31, 2023

 

“Once again, Adani Enterprises has lived up to its standing as not only India’s most successful business incubator but also one of the world’s most successful infrastructure foundries,” said Mr Gautam Adani, Chairman, Adani Group. “The past year’s results represent indisputable evidence of the strength and resilience of the Adani Group’s operational and financial performance. These exceptional results also highlight our consistent track record of gestating and building critical infrastructure businesses. Our mega-scale infrastructure project execution capabilities and our O&M management skills, which are comparable to the best in the world, are strengths that we continue to derive from the Adani portfolio’s diversity to create reliable long-term value for all our investors. Our focus remains on governance, compliance, performance, and cashflow generation.”

 

Financial Highlights FY23 (Consolidated) (YoY Basis): 

  • Total Income increased by 96% to Rs. 1,38,175 cr on account of strong performance by Integrated Resource Management (IRM) and Airport business
  • EBIDTA increased by 112% to Rs. 10,025 cr on the back of growth in incubating businesses, i.e. Airports & Roads apart from growth in IRM business in line with revenue
  • Attributable PAT increased by 218% to Rs. 2,473 in line with increased EBIDTA

 

Financial Highlights Q4 FY23 (Consolidated) (YoY Basis): 

  • Total Income increased by 26% to Rs. 31,716 cr on account of strong performance by IRM and Airports business
  • EBIDTA increased by 157% to Rs. 3,957 cr due to better operating performance across businesses
  • Attributable PAT increased by 137% to Rs. 722 cr in line with increased EBIDTA

 

Business Updates (Q4 FY23):

Updates in Incubating Businesses for Q4 FY23

 

1. Adani Airports Holdings Ltd (AAHL - Airports)

  • During the quarter, Adani Airports handled -
    • 21.4 Mn passengers (Up by 74% YoY)
    • 149.4 k Air Traffic Movements (Up by 56% YoY)
    • 1.8 Lacs MT Cargo (Up by 14% YoY)

 

2. Adani Road Transport Ltd (ARTL – Roads)

  • Construction in full swing across all HAM and BOT projects.
  • Update for under construction projects is as below:
  •  

    Project

    State

    Model

    Completion %

    Vijayawada Bypass

    Andhra Pradesh

    HAM

    44%

    Nanasa Pidgaon

    Madhya Pradesh

    HAM

    48%

    Kodad Khammam

    Telangana

    HAM

    49%

    Azhiyur Vengalam

    Kerala

    HAM

    30%

    Badakumari Karki

    Odisha

    HAM

    31%

    Panagarh Palsit

    West Bengal

    BOT

    35%

    Kagal Satara

    Maharashtra

    BOT

    3%

    Ganga Expressway - Budaun Hardoi

    Uttar Pradesh

    BOT

    8%

    Ganga Expressway - Hardoi Unnao

    Uttar Pradesh

    BOT

    7%

    Ganga Expressway - Unnao Prayagraj

    Uttar Pradesh

    BOT

    8%

     

    3. AdaniConnex Pvt Ltd (ACX - Data Center)

    • Update on overall project completion at Data Centers
    •  

      Data Center

      Completion %

      Chennai Phase-II (Phase-I 17 MW is already operational)

      49%

      Noida

      37%

      Hyderabad

      30%

     

    Updates on Established Businesses for Q4 FY23

    1. Adani New Industries Ecosystem

     

      Solar Cell & Module

    • Cell line COD declared 31st March, 2023 for New 2.0 GW Plant
    • Completed upgradation of existing 1.5 GW module line to 2.0 GW TOPCON Cell Technology and COD declared on 1st April, 2023
    • Volume increased by 4% to 315 MW

     

      Wind Turbine manufacturing

    • Prototype-2 - Assembly completed
    • Blade manufacturing facility - Machine installation and ramp up work started

     

    2. Primary Industries

    • Mining Services production increased by 17% to 10.0 MMT
    • Agreement for 3 commercial coal mines signed in Q4 FY23
    • Integrated Resource Management volume up by 20% to 20.5 MMT