Adani Enterprises Q4 FY26 Results: Consolidated EBITDA at ₹16,464 Cr; Core Infra Drives 80% EBITDA
Adani Enterprises reported FY26 results with consolidated EBITDA at ₹16,464 crore, 80% from core infra. Total Income grew 3% to ₹1,02,943 crore. Q4 FY26 PAT was negative at ₹(221) crore due to depreciation, but full-year PAT rose 31% to ₹9,339 crore. Key project milestones include the Ganga Expressway inauguration.
The announcement details the financial performance for the full fiscal year and the crucial fourth quarter, including key metrics like EBITDA and income. It also highlights significant project milestones and strategic shifts in the business model, which are material information for investors.
The company reported stable EBITDA and growth in total income for FY26, with a significant portion of EBITDA coming from core infrastructure, indicating a stable business model. Despite a Q4 PAT loss due to accounting adjustments, the overall annual performance and progress on key projects are positive.
Adani Enterprises Limited (AEL) announced its audited financial results for the quarter and year ended March 31, 2026. The company reported consolidated EBITDA of ₹16,464 crore for FY26, with 80% of this generated from its core infrastructure and utility portfolio. This shift signifies a transition to a more stable, contracted business model, enhancing earnings visibility.
For the full fiscal year FY26, Total Income increased by 3% to ₹1,02,943 crore, while EBITDA was maintained at ₹16,464 crore. Profit Before Tax (PBT) stood at ₹4,309 crore, excluding an exceptional gain of ₹9,215 crore from the sale of AWL stake and cement units. The company highlighted significant progress in key projects, including the inauguration of India's largest greenfield Ganga Expressway on April 29, 2026, completed in under 3.5 years. Adani Wind (ANIL) was recognized as the only Indian company in the Top 15 global wind turbine manufacturers, and AdaniConnex handed over phase-II capacity of 4.8 MW data center in Hyderabad.
In Q4 FY26, Total Income grew by 20% to ₹33,187 crore. EBITDA for the quarter was ₹4,479 crore, a 3% increase year-on-year. Profit After Tax (PAT) for Q4 FY26 was impacted by depreciation on recently commissioned assets, resulting in a loss of ₹221 crore, compared to a profit of ₹3,845 crore in Q4 FY25. For the full year, PAT saw a 31% increase to ₹9,339 crore.
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Adani Enterprises Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Adani Enterprises Limited. Read the original for the full detail.