ADANIPORTS NSE filing

Adani Ports Q2 FY27 Revenue ₹11,340 Cr, EBITDA ₹6,807 Cr; FY27 Guidance Raised

The RealCase readHigh impact Positive

Adani Ports (ADANIPORTS) reported Q2 FY27 consolidated revenue of ₹11,340 Cr (up 24% YoY) and EBITDA of ₹6,807 Cr (up 23% YoY). The company raised its FY27 revenue guidance to ₹44,000-₹46,000 Cr and EBITDA guidance to ₹26,000-₹27,000 Cr. Capex guidance was also increased to ₹15,000-₹17,000 Cr.

Why it matters

The announcement includes significant financial performance metrics, an increase in forward-looking guidance for revenue, EBITDA, and capex, and strategic operational developments such as port concessions and terminal expansions, which are material to the company's valuation and future outlook.

The market read

The company reported strong year-on-year growth in revenue and EBITDA, along with an increase in its full-year financial guidance and capital expenditure plans, indicating positive business momentum and future growth prospects.

Adani Ports and Special Economic Zone Limited (APSEZ) announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a consolidated revenue of ₹11,340 crore, a 24% year-on-year increase, and EBITDA of ₹6,807 crore, up 23% year-on-year. This performance underscores APSEZ's transformation into India's largest and one of the world's fastest-growing integrated transport operators.

The company's domestic ports segment saw revenue grow by 13% with a robust EBITDA margin of 72.5%. International ports revenue increased by 71%, with EBITDA growing by 236% and achieving a record EBITDA margin of 47.7%. The logistics business revenue rose by 21%, driven by the scale-up of its integrated "shore-to-door" network. Marine revenue saw a significant 57% year-on-year increase due to global fleet expansion and entry into subsea services.

Based on its strong performance in the first half of FY27, APSEZ has raised its full-year guidance. Revenue guidance has been increased by ₹1,000 crore to ₹44,000 - ₹46,000 crore, and EBITDA guidance is also up by ₹1,000 crore to ₹26,000 - ₹27,000 crore. Capex guidance has been raised by ₹3,000 crore to ₹15,000 - ₹17,000 crore to support its Ambition 2031 goals.

Ashwani Gupta, Whole-time Director & CEO, commented on the results, stating, "APSEZ's ability to execute at scale with financial prudence enables us to pursue ambitious growth while leveraging balance-sheet strength and compounding cash flows. Against this backdrop, Q2FY27 was another stellar quarter. Domestic Ports continue to anchor our earnings, while International Ports, Logistics and Marine are emerging as powerful growth engines. Reflecting strong H1 performance, we are upgrading our FY27 guidance across revenue, EBITDA and capex. As we accelerate investments toward our Ambition 2031 objectives, our balance sheet remains exceptionally strong."

The company also highlighted strategic developments, including securing a 30-year concession for Paradip Port's CQ-I and CQ-II dry bulk berths, adding 18 MMT of mechanized capacity. APSEZ's Colombo terminal inaugurated its Phase II expansion, doubling capacity to 3.2 million TEUs with a USD 750 million investment. Furthermore, Vizhinjam port commenced Export-Import (EXIM) operations.

Filing to action

What to do with a filing like this

Adani Ports and Special Economic Zone 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.

That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.

See the model portfolios
Primary source

A plain-language summary of a public exchange filing by Adani Ports and Special Economic Zone Limited. Read the original for the full detail.

View original filing