# ADANIPORTS (ADANIPORTS) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/adaniports

## Current market snapshot

- Exchange: BSE
- Country: India
- Price: ₹1,751
- Change: -0.17%
- As of: 2026-10-13
- 1D return: -0.40%
- 5D return: -1.13%
- 1M return: -0.79%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-10-12_

### Technical Outlook

As of October 12, 2026, ADANIPORTS presents a mixed technical picture with a bullish Supertrend signal on daily and monthly charts, but weaker trend conviction on the daily and weekly timeframes. The stock is trading above its 50-period and 200-period Simple Moving Averages (SMAs) on the daily chart, and above all supplied moving averages on the monthly chart, indicating a generally positive longer-term trend. However, it is trading below its 20-period Exponential Moving Average (EMA) and SMA on the daily chart, suggesting short-term weakness. The monthly trend shows strong conviction with an ADX of 40.64, while the daily and weekly trends are weaker with ADX values of 17.87 and 16.27 respectively.

The stock is positioned in the upper-middle part of its 50-day range (+69.7%) and near the upper end of its 252-day range (+77.1%). Recent market activity includes one extreme volume anomaly with price movement on October 9, 2026 (+3.1% return with 4.47 volume ratio), and another extreme anomaly on October 12, 2026 (-0.4% return with 4.47 volume ratio) indicating high participation without clear direction. The nearest resistance is observed at ₹1,786.23 (1.84% above current price), and the nearest support is at ₹1,743.37 (0.61% below current price). A confirmed break above resistance could strengthen the bullish setup, while a move below support may signal further weakness.

- Daily and monthly Supertrend signals are bullish, but daily and weekly trend conviction (ADX) is weak.
- The stock is positioned in the upper-middle to upper end of its medium to long-term trading ranges.
- Recent market activity shows high participation with mixed directional outcomes.
- Nearest resistance is at ₹1,786.23 (1.84% above current price) and nearest support is at ₹1,743.37 (0.61% below current price).
- A move above ₹1,786.23 could confirm strength, while a break below ₹1,743.37 may signal further downside.

- Inside Bar
- Doji
- Harami
- Evening Star
- Outside Bar

### News Context

On October 9, 2026, Adani Ports experienced a significant block deal where shares valued at ₹1,234 crore changed hands. This transaction involved 70.5 lakh shares, representing 0.3% of the company's equity. The news coincided with reports that Adani Ports and GMR Airports shares saw increases, with Adani Ports rising up to 5% amid these block deal discussions. Separately, on the same day, a report discussed reasons for a broader decline in Adani Group stocks over the preceding three months, noting a ₹2.7 lakh crore reduction in market value. Another report from October 9, 2026, indicated that Adani Group stocks rallied up to 3% as domestic equity benchmarks recovered.

- On October 9, 2026, a block deal involving Adani Ports saw shares worth ₹1,234 crore trade hands.
- The block deal represented 70.5 lakh shares, equating to 0.3% of Adani Ports' equity.
- Adani Ports shares reportedly rose up to 5% on October 9, 2026, amidst block deal reports.
- A report on October 9, 2026, highlighted a ₹2.7 lakh crore decrease in Adani Group stocks' market value over the prior three months.
- On October 9, 2026, Adani Group stocks were also reported to have surged up to 3% as the broader market recovered.

- [Adani Group stocks surge up to 3 pc; Reliance Industries, BSE shares drag](https://ianslive.in/adani-group-stocks-surge-up-to-3-pc-reliance-industries-bse-shares-drag--20261009163131)
- [Adani Ports block deal: Shares worth ₹1,234 crore change hands](https://www.cnbctv18.com/market/adani-ports-block-deal-shares-worth-rs-1234-crore-change-hands-20008580.htm)
- [Adani Ports, GMR Airports rise up to 5% amid block deal reports; check details](https://www.businesstoday.in/markets/stocks/story/adani-ports-gmr-airports-rise-amid-block-deal-reports-check-details-560692-2026-10-09)
- [Why Adani stocks are falling | Rs 2.7 lakh crore gone in 3 months; explained](https://www.businesstoday.in/markets/stocks/story/why-adani-stocks-are-falling-rs-2-7-lakh-crore-gone-in-3-months-explained-560621-2026-10-09)
- [Stocks to watch for October 7: Titan, Godrej Consumer, Mphasis, HCLTech and more](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-7-titan-godrej-consumer-mphasis-hcltech-and-more-20005963.htm)

### What Changed

On October 9, 2026, Adani Ports and Special Economic Zone (ADANIPORTS) experienced significant activity. A substantial block deal occurred, involving 70.5 lakh shares, representing 0.3% of the company's equity, with a total value of ₹1,234 crore. This transaction coincided with reports of Adani Ports and GMR Airports stocks rising up to 5%. Separately, on the same day, Adani Group stocks, including ADANIPORTS, rallied up to 3% as domestic equity benchmarks recovered. The company's profile on the BSE remains unchanged.

- October 9, 2026: Block deal of 70.5 lakh shares (0.3% equity) valued at ₹1,234 crore.
- October 9, 2026: Adani Ports stock rose up to 5% amid block deal reports.
- October 9, 2026: Adani Group stocks, including ADANIPORTS, rallied up to 3%.

- [Adani Group stocks surge up to 3 pc; Reliance Industries, BSE shares drag](https://ianslive.in/adani-group-stocks-surge-up-to-3-pc-reliance-industries-bse-shares-drag--20261009163131)
- [Adani Ports block deal: Shares worth ₹1,234 crore change hands](https://www.cnbctv18.com/market/adani-ports-block-deal-shares-worth-rs-1234-crore-change-hands-20008580.htm)
- [Adani Ports, GMR Airports rise up to 5% amid block deal reports; check details](https://www.businesstoday.in/markets/stocks/story/adani-ports-gmr-airports-rise-amid-block-deal-reports-check-details-560692-2026-10-09)

### Official Filings

Adani Ports and Special Economic Zone Limited (APSEZ) has established a new wholly owned subsidiary, Paradip Mahanadi Terminal Limited, on October 6, 2026. This subsidiary, with an authorized and paid-up share capital of ₹5,00,000, is intended for the development and operation of two dry bulk berths at Paradip Port in Odisha. APSEZ holds 100% of the subsidiary, which has yet to commence business operations. The incorporation was a routine event with no governmental or regulatory approvals required, and the cash consideration for its establishment was ₹0.

Separately, APSEZ has scheduled an investor conference titled 'Adani Annual Conference' to be held in Singapore on November 18, 2026. This event will include interactions with institutional investors, sector analysts, and ESG analysts. Additionally, the company's board will convene on October 28, 2026, to consider the unaudited financial results for the quarter ended September 2026. The trading window for company personnel is closed from October 1, 2026, to October 30, 2026.

- Incorporated a wholly owned subsidiary, Paradip Mahanadi Terminal Limited, on October 6, 2026, for port operations in Odisha.
- Subsidiary has an authorized and paid-up share capital of ₹5,00,000, with APSEZ holding 100% ownership.
- Scheduled an investor conference, 'Adani Annual Conference', for November 18, 2026, in Singapore.
- Board meeting scheduled for October 28, 2026, to approve financial results for the quarter ended September 2026.
- Trading window closed from October 1, 2026, to October 30, 2026.

- [Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Incorporation of Wholly Owned Subsidiary Company. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/rkbhagia_06102026183718_SEIntimationParadip.pdf)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_184426048.xml)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_191030744.xml)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2683_WebXMLFile_20261005_203410931.xml)
- [Adani Ports and Special Economic Zone Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/rkbhagia_05102026203229_SEINTIMATION.pdf)
- [Financial Results |Meeting Date: 28-Oct-2026](https://nsearchives.nseindia.com/corporate/rkbhagia_05102026204111_BoardMeetingintimation.pdf)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Board Meeting to be held on 28-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2683_WebXMLFile_20261005_204747579.xml)
- [Board Meeting Intimation |Meeting Date: 28-Oct-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2683_WebXMLFile_20261005_204747579.xml)
- [Board Meeting Intimation |Meeting Date: 28-Oct-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2683_WebXMLFile_20261005_204938535.xml)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Board Meeting to be held on 28-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2683_WebXMLFile_20261005_204938535.xml)

### Fundamentals

Adani Ports and Special Economic Zone reported sequential growth in revenue and profit for the latest periods. Revenue from operations increased to ₹10,737.58 crore in Q4 FY2025-26 and further to ₹10,820.80 crore in Q1 FY2026-27. Concurrently, profit loss for the period from continuing operations rose from ₹3,098.51 crore in Q4 FY2025-26 to ₹3,937.26 crore in Q1 FY2026-27. This profit growth was accompanied by a decrease in expenses from ₹7,937.66 crore to ₹7,078.64 crore sequentially. The company's operating profit margin (OPM) was 56.0% in Mar 2026 and is projected to be 58.0% in Jun 2026, indicating sustained profitability. Looking at longer-term trends, the company has demonstrated a compounded sales growth of 24% and compounded profit growth of 17% on a Trailing Twelve Months (TTM) basis. The company's borrowings stood at ₹49,470 crore in Mar 2024 and are projected to increase to ₹63,566 crore by Mar 2026, while reserves are expected to grow from ₹52,346 crore to ₹95,498 crore over the same period. The most important checkpoint for the next results will be the sustainability of operating profit margins.

- Revenue from operations increased sequentially to ₹10,820.80 crore in Q1 FY2026-27.
- Net profit grew sequentially to ₹3,937.26 crore in Q1 FY2026-27, supported by decreasing expenses.
- Operating profit margin (OPM) is projected to be 58.0% in Jun 2026, indicating strong operational efficiency.
- Monitor the sustainability of operating profit margins in the upcoming reporting periods.

### Bull Case

Adani Ports and Special Economic Zone (BSE) experienced a significant block deal on an unspecified date, where shares valued at ₹1,234 crore changed hands. This transaction involved 70.5 lakh shares, representing 0.3% of the company's equity. The news coincided with reports of the port operator expanding capacity and strengthening its cargo growth outlook. Technical indicators show a bullish trend across daily, weekly, and monthly timeframes, with the Supertrend direction indicating bullishness on all three. The stock has demonstrated positive returns over longer periods, with a year-to-date return of +18.4% and a one-year return of +24.5%.

- A block deal of ₹1,234 crore involving 70.5 lakh shares (0.3% of equity) occurred.
- The company is reportedly expanding capacity and strengthening its cargo growth outlook.
- Technical indicators show a bullish Supertrend direction on daily, weekly, and monthly timeframes.
- Year-to-date return stands at +18.4%, and the one-year return is +24.5% as of 2026-10-12.

- [Adani Group stocks surge up to 3 pc; Reliance Industries, BSE shares drag](https://ianslive.in/adani-group-stocks-surge-up-to-3-pc-reliance-industries-bse-shares-drag--20261009163131)
- [Adani Ports block deal: Shares worth ₹1,234 crore change hands](https://www.cnbctv18.com/market/adani-ports-block-deal-shares-worth-rs-1234-crore-change-hands-20008580.htm)
- [Adani Ports, GMR Airports rise up to 5% amid block deal reports; check details](https://www.businesstoday.in/markets/stocks/story/adani-ports-gmr-airports-rise-amid-block-deal-reports-check-details-560692-2026-10-09)
- [Why Adani stocks are falling | Rs 2.7 lakh crore gone in 3 months; explained](https://www.businesstoday.in/markets/stocks/story/why-adani-stocks-are-falling-rs-2-7-lakh-crore-gone-in-3-months-explained-560621-2026-10-09)
- [Stocks to watch for October 7: Titan, Godrej Consumer, Mphasis, HCLTech and more](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-7-titan-godrej-consumer-mphasis-hcltech-and-more-20005963.htm)
- [Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Incorporation of Wholly Owned Subsidiary Company. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/rkbhagia_06102026183718_SEIntimationParadip.pdf)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_184426048.xml)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_191030744.xml)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2683_WebXMLFile_20261005_203410931.xml)
- [Adani Ports and Special Economic Zone Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/rkbhagia_05102026203229_SEINTIMATION.pdf)

### Bear Case

Recent market activity shows a significant block deal where shares worth ₹1,234 crore changed hands, representing 0.3% of the company's equity. While the company is reportedly expanding capacity and strengthening its cargo growth outlook, this large transaction could signal shifts in investor sentiment or ownership structure. Furthermore, broader market commentary indicates that Adani Group stocks, including Adani Ports, have experienced declines, with one report noting a ₹2.7 lakh crore loss across Adani stocks in three months. The company's technical indicators show a current drawdown of -6.9% and a maximum drawdown of -17.0%, suggesting potential volatility and downside risk. The nearest support level is identified at 0.61% below the current price, at ₹1743.37.

- A block deal involving ₹1,234 crore worth of shares occurred on October 9.
- Adani Group stocks, including Adani Ports, have faced recent declines, with one report citing a ₹2.7 lakh crore loss over three months.
- The stock exhibits a current drawdown of -6.9% and a maximum drawdown of -17.0%.
- The nearest support level is ₹1743.37, which is 0.61% below the current price.

- [Adani Group stocks surge up to 3 pc; Reliance Industries, BSE shares drag](https://ianslive.in/adani-group-stocks-surge-up-to-3-pc-reliance-industries-bse-shares-drag--20261009163131)
- [Adani Ports block deal: Shares worth ₹1,234 crore change hands](https://www.cnbctv18.com/market/adani-ports-block-deal-shares-worth-rs-1234-crore-change-hands-20008580.htm)
- [Adani Ports, GMR Airports rise up to 5% amid block deal reports; check details](https://www.businesstoday.in/markets/stocks/story/adani-ports-gmr-airports-rise-amid-block-deal-reports-check-details-560692-2026-10-09)
- [Why Adani stocks are falling | Rs 2.7 lakh crore gone in 3 months; explained](https://www.businesstoday.in/markets/stocks/story/why-adani-stocks-are-falling-rs-2-7-lakh-crore-gone-in-3-months-explained-560621-2026-10-09)
- [Stocks to watch for October 7: Titan, Godrej Consumer, Mphasis, HCLTech and more](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-7-titan-godrej-consumer-mphasis-hcltech-and-more-20005963.htm)
- [Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Incorporation of Wholly Owned Subsidiary Company. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/rkbhagia_06102026183718_SEIntimationParadip.pdf)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_184426048.xml)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_191030744.xml)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2683_WebXMLFile_20261005_203410931.xml)
- [Adani Ports and Special Economic Zone Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/rkbhagia_05102026203229_SEINTIMATION.pdf)

### FAQs

**What was the nature of the recent large block deal in Adani Ports?**

On October 9, 2026, a block deal involving Adani Ports saw 70.5 lakh shares, representing 0.3% of its equity, change hands for ₹1,234 crore. This transaction occurred as the company is expanding capacity and has a strengthened cargo growth outlook.

**What new subsidiary has Adani Ports established and for what purpose?**

On October 6, 2026, Adani Ports and Special Economic Zone Limited incorporated a wholly owned subsidiary named Paradip Mahanadi Terminal Limited. This subsidiary, with an authorized and paid-up share capital of ₹5,00,000, is intended for the development and operation of two dry bulk berths at Paradip Port in Odisha. The subsidiary has yet to commence business operations.

**When and where is Adani Ports scheduled to hold its Annual Conference for investors?**

Adani Ports and Special Economic Zone Limited has scheduled its Annual Conference 2026 for November 18th and 19th, 2026, in Singapore. The event will include physical one-on-one and group meetings with investors and analysts.

**What are the nearest support and resistance levels for Adani Ports as of October 12, 2026?**

As of October 12, 2026, the nearest support level for Adani Ports is ₹1743.37, which is 0.61% below the current price. The nearest resistance level is ₹1786.23, which is 1.84% above the current price.

- [Adani Group stocks surge up to 3 pc; Reliance Industries, BSE shares drag](https://ianslive.in/adani-group-stocks-surge-up-to-3-pc-reliance-industries-bse-shares-drag--20261009163131)
- [Adani Ports block deal: Shares worth ₹1,234 crore change hands](https://www.cnbctv18.com/market/adani-ports-block-deal-shares-worth-rs-1234-crore-change-hands-20008580.htm)
- [Adani Ports, GMR Airports rise up to 5% amid block deal reports; check details](https://www.businesstoday.in/markets/stocks/story/adani-ports-gmr-airports-rise-amid-block-deal-reports-check-details-560692-2026-10-09)
- [Why Adani stocks are falling | Rs 2.7 lakh crore gone in 3 months; explained](https://www.businesstoday.in/markets/stocks/story/why-adani-stocks-are-falling-rs-2-7-lakh-crore-gone-in-3-months-explained-560621-2026-10-09)
- [Stocks to watch for October 7: Titan, Godrej Consumer, Mphasis, HCLTech and more](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-7-titan-godrej-consumer-mphasis-hcltech-and-more-20005963.htm)
- [Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Incorporation of Wholly Owned Subsidiary Company. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/rkbhagia_06102026183718_SEIntimationParadip.pdf)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_184426048.xml)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_191030744.xml)
- [ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2683_WebXMLFile_20261005_203410931.xml)
- [Adani Ports and Special Economic Zone Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/rkbhagia_05102026203229_SEINTIMATION.pdf)
## Technical analytics

- As of: 2026-10-13
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,743.37
- Risk regime: Price Risk Requires Attention

### Support levels
- 1734.325
- 1705.325
- 1645.2

### Resistance levels
- 1786.23125
- 1823
- 1853.61875

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.40% |
| return_10 | -1.90% |
| return_1m | -0.60% |
| return_1y | +24.45% |
| return_20 | -0.79% |
| return_3m | -4.05% |
| return_5 | -1.13% |
| return_6m | +18.89% |
| return_since_start | +43.92% |
| return_ytd | +18.43% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -16.98% |
| annualized_volatility | +28.54% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit Growth Outpaces Revenue as Expenses Fall

In the first quarter of FY2026-27, Adani Ports and Special Economic Zone Limited reported a 0.78% sequential increase in revenue to ₹10,820.80 crore, while profit from continuing operations rose 27.07% to ₹3,937.26 crore. This profit growth was supported by a 10.82% sequential decline in total expenses. Year-over-year, revenue increased 18.57% and profit increased 24.86%.

## Revenue Growth: Sequential Deceleration Amid Annual Expansion

Revenue from operations grew from ₹9,126.14 crore in Q1 FY2025-26 to ₹10,820.80 crore in Q1 FY2026-27, a year-over-year increase of 18.57%. However, sequential growth from Q4 FY2025-26 (₹10,737.58 crore) was just 0.78%, decelerating from the 10.6% sequential growth recorded between Q3 and Q4 of the previous fiscal year. The quarterly revenue reached its highest level in the reported period.

## Profitability: Expense Decline Drives Margin Expansion

Profit from continuing operations increased by ₹838.75 crore sequentially to ₹3,937.26 crore, while revenue added ₹83.22 crore. Total expenses fell by ₹859.02 crore to ₹7,078.64 crore, with finance costs declining by ₹518.05 crore (from ₹1,605.22 crore in Q4 to ₹1,087.17 crore in Q1) as the largest component of the reduction. The combination of higher revenue and lower expenses lifted the profit margin, with profit as a percentage of revenue rising from 28.9% in Q4 FY2025-26 to 36.4% in Q1 FY2026-27. On a year-over-year basis, profit growth of 24.86% also outpaced revenue growth of 18.57%, indicating margin improvement over the annual period.

## Segment Profit vs Total Profit: Unallocable Items Swing Positive

Total profit before tax (PBT) rose 31.66% sequentially to ₹4,595.07 crore, while segment PBT increased 16.42% to ₹4,307.31 crore. The difference between total and segment PBT shifted from a negative ₹209.79 crore in Q4 (when segment profit exceeded total profit) to a positive ₹287.76 crore in Q1 (when total profit exceeded segment profit). This swing of approximately ₹497.55 crore in the net effect of unallocable items contributed to the faster growth in total PBT relative to segment PBT.

## Comprehensive Income: OCI Turns Negative

Despite the sequential jump in profit from continuing operations, comprehensive income fell 18.59% to ₹3,847.61 crore, as other comprehensive income (OCI) swung from a positive ₹1,627.60 crore in Q4 to a negative ₹89.65 crore in Q1. The negative OCI partially offset the profit increase, resulting in a lower comprehensive income for the quarter.

## Management Commentary

Adani Ports delivered a strong Q1 FY27 with consolidated revenue up 19% YoY to ₹10,821 Cr and EBITDA up 19% to ₹6,541 Cr, driven by growth across all segments. Management said the performance underscores the strength of the diversified business model and reinforces confidence in achieving Ambition 2031. The company guided FY27 revenue of ₹43,000-45,000 Cr and EBITDA of ₹25,000-26,000 Cr, with net debt/EBITDA up to 2.5x. International ports EBITDA surged 256% YoY to ₹730 Cr, with margin expanding to 41.8%, led by higher-margin Australia and Colombo operations. Domestic ports maintained a best-in-class EBITDA margin of 74%.

S&P upgraded APSEZ's credit rating to BBB with stable outlook, on par with India's sovereign rating. Strategic developments include TiL's $1.397bn investment for 49% in Vizhinjam port, a 10-year marine contract for Argentina LNG, and acquisition of 243 acres in Kanpur for logistics parks. Risks include the ongoing Middle East crisis impacting rail logistics volumes, but trucking revenue grew 26% YoY, partially offsetting the impact.

## Key Takeaway

Adani Ports’ Q1 FY2026-27 results showed a sharp rise in profit driven by a significant drop in expenses, including lower finance costs. The profit margin expanded to 36.4%, while revenue growth decelerated sequentially but remained strong at 18.57% year-on-year. Total profit before tax benefited from a positive shift in unallocable items. However, comprehensive income declined sequentially due to a reversal in other comprehensive income.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +66.03%
- FII holding: +15.58%
- DII holding: +13.60%
- Mutual fund holding: +5.24%
- Retail holding: +3.14%
- Promoter pledged: +0.00%

### Major reported shareholders

- Gautambhai Shantilal Adani & Rajeshbhai Shantilal Adani (on behalf of S. B. Adani Family Trust) — +30.85% (Trusts)
- Life Insurance Corporation Of India — +6.43%
- Carmichael Rail And Port Singapore Holdings Pte. Ltd. — +6.24% (Bodies Corporate)
- Adani Tradeline Private Limited — +6.00% (Bodies Corporate)
- Emerging Market Investment Dmcc — +5.91% (Bodies Corporate)
- Flourishing Trade And Investment Ltd — +5.40% (Bodies Corporate)
- Afro Asia Trade And Investments Limited — +3.90% (Bodies Corporate)
- Adani Rail Infra Private Limited — +3.07% (Bodies Corporate)
- Resurgent Trade And Investment Ltd — +2.30% (Bodies Corporate)
- Goldman Sachs Trust Ii - Goldman Sachs Gqg Partners International Opportunities Fund — +1.93%

## Official filings

- 2026-10-06 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_06102026183718_SEIntimationParadip.pdf)
- 2026-10-06 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_184426048.xml)
- 2026-10-06 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2683_WebXMLFile_20261006_191030744.xml)
- 2026-10-05 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2683_WebXMLFile_20261005_203410931.xml)
- 2026-10-05 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_05102026203229_SEINTIMATION.pdf)
- 2026-10-05 — Board Meeting Notice: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_05102026204111_BoardMeetingintimation.pdf)
- 2026-10-05 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2683_WebXMLFile_20261005_204747579.xml)
- 2026-10-05 — Board Meeting Notice: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2683_WebXMLFile_20261005_204747579.xml)
- 2026-10-05 — Board Meeting Notice: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2683_WebXMLFile_20261005_204938535.xml)
- 2026-10-05 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2683_WebXMLFile_20261005_204938535.xml)
- 2026-10-03 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/rkbhagia_03102026145103_LettertoSE.pdf)
- 2026-10-02 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_02102026095818_SEINTIMATION.pdf)
- 2026-09-30 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_30092026224020_APSEZSEIntimation30092026.pdf)
- 2026-09-29 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_29092026191735_SEINTIMATION.pdf)
- 2026-09-29 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2683_WebXMLFile_20260929_192553794.xml)
- 2026-09-28 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_29092026002844_APSEZSEIntimation.pdf)
- 2026-09-11 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_2683_WebXMLFile_20260912_002916073.xml)
- 2026-09-11 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2683_WebXMLFile_20260912_002924906.xml)
- 2026-09-10 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_11092026012846_APSEZSEintimation.pdf)
- 2026-09-09 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_09092026141400_SEINTIMATION.pdf)
- 2026-09-07 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2683_WebXMLFile_20260907_133851193.xml)
- 2026-09-07 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_07092026133539_SEINTIMATION.pdf)
- 2026-09-03 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_03092026232953_APSEZSEIntimation.pdf)
- 2026-09-02 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rkbhagia_02092026083826_SEINTIMATION.pdf)
- 2026-09-02 — Generic Announcement: Adani Ports and Special Economic Zone Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2683_WebXMLFile_20260902_201118582.xml)

## News and market events

- 2026-10-09 — IANSLIVE.IN: **Adani Group stocks surge up to 3 pc; Reliance Industries, BSE shares drag** — Mumbai, Oct 9 (IANS) Adani Group stocks rallied up to 3 per cent as domestic equity benchmarks recovered losses to close over 1 per cent higher each on Friday, while Reliance Industries and BSE Ltd shares dragged. — [Source](https://ianslive.in/adani-group-stocks-surge-up-to-3-pc-reliance-industries-bse-shares-drag--20261009163131)
- 2026-10-09 — CNBC-TV18: **Adani Ports block deal: Shares worth ₹1,234 crore change hands** — A large block deal in Adani Ports saw 70.5 lakh shares, representing 0.3% of its equity, change hands for ₹1,234 crore. The transaction comes as the port operator expands capacity and strengthens its cargo growth outlook. — [Source](https://www.cnbctv18.com/market/adani-ports-block-deal-shares-worth-rs-1234-crore-change-hands-20008580.htm)
- 2026-10-09 — BUSINESSTODAY: **Adani Ports, GMR Airports rise up to 5% amid block deal reports; check details** — Adani Ports and Special Economic Zone, GMR Airports, adani ports stock, adani ports block deal, GMR Airports block deal — [Source](https://www.businesstoday.in/markets/stocks/story/adani-ports-gmr-airports-rise-amid-block-deal-reports-check-details-560692-2026-10-09)
- 2026-10-09 — BUSINESSTODAY: **Why Adani stocks are falling | Rs 2.7 lakh crore gone in 3 months; explained** — Adani stocks, why Adnai stocks are falling, Adani GQG, Adani news, Adani shares, Why Adani stocks are down, Adani Power share price, Adani Enterprises share price, AEL shares, Adani Green shares — [Source](https://www.businesstoday.in/markets/stocks/story/why-adani-stocks-are-falling-rs-2-7-lakh-crore-gone-in-3-months-explained-560621-2026-10-09)
- 2026-10-06 — CNBC-TV18: **Stocks to watch for October 7: Titan, Godrej Consumer, Mphasis, HCLTech and more** — From Utkarsh Small Finance BankLtd reporting total disbursements of ₹3,525 crore for the quarter ended September 30, 2026 to Titan reporting 22% YoY growth in its domestic business and 97% growth in international business in Q2; these are stocks to track ahead of Wednesday trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-7-titan-godrej-consumer-mphasis-hcltech-and-more-20005963.htm)
- 2026-10-01 — NEWS.WEBINDIA123.COM: **Adani Ports Colombo terminal doubles capacity to 3.2 million TEUs with USD 750 mn expansion** — Adani Ports and Special Economic Zone's (APSEZ) Colombo West International Terminal (CWIT) has doubled its handling capacity to 3.2 million twenty-foot equivalent units (TEUs) from 1.6 million TEUs following a USD 750 million Phase II expansion, aimed at strengthening Colombo's position as a key transshipment hub, the company said in a press release. — [Source](https://news.webindia123.com/news/Articles/Business/20261001/4505662.html)
- 2026-10-01 — Economic Times: **Adani Ports' Colombo West terminal doubles capacity to 3.2 million TEUs with $750 million investment** — Adani Ports and Special Economic Zone has successfully completed the expansion of the Colombo West International Terminal. This expansion doubled the terminal's capacity to 3.2 million TEUs following a USD 750 million investment. Sri Lankan Prime Minister Dr. Harini Amarasuriya inaugurated the expanded facility, emphasizing its significance for the country's economy. The terminal's automated systems and deep-water capability enhance its competitive edge in global shipping. — [Source](https://economictimes.indiatimes.com/industry/renewables/adani-ports-colombo-west-terminal-doubles-capacity-to-3-2-million-teus-with-750-million-investment/articleshow/134607899.cms)
- 2026-10-01 — IANSLIVE.IN: **Business News: Economy & Markets | IANS Live** — Latest business news on finance, stock markets, and global economy. Read updates on IPOs and banking at IANS Live. — [Source](https://ianslive.in/category/Business/1)
- 2026-10-01 — Mint: **Top stocks to watch today: Infosys, IRFC, Muthoot Finance among shares in focus on Thursday, 1 Oct | Full list** — Top stocks to watch on Thursday, 1 October: Infosys, HDFC Bank, Acme Solar, Muthoot Finance, Jio Financial Services, IRFC among shares that will remain in focus on Thursday. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-and-why-infosys-irfc-muthoot-finance-among-shares-in-focus-on-thursday-1-oct-full-list-11790817912219.html)
- 2026-09-30 — SCROLL.IN: **SEBI allows Gautam Adani, four group firms to settle shareholding violation case for Rs 1.4 crore** — Vinod Adani, accused of violating public float rules by investing in Adani Group companies through two foreign portfolios, was also cleared. — [Source](https://scroll.in/latest/1096087/sebi-allows-gautam-adani-four-group-firms-to-settle-shareholding-violation-case-for-rs-1-4-crore)
- 2026-09-29 — DECCANCHRONICLE.COM: **SEBI Drops Case Against Vinod Adani, Finds No Control Proof** — \"The investigation has not been able to prove that Mr. Vinod Adani controlled the decision of investment of two FPIs,\" Sebi Whole-Time Member Kamlesh Chandra Varshney said in the order. — [Source](https://www.deccanchronicle.com/business/sebi-drops-adani-linked-shareholding-case-against-vinod-adani-finds-no-proof-he-controlled-offshore-funds-1991576)
- 2026-09-29 — The Hindu: **SEBI drops shareholding case against Vinod Adani, finds no proof he controlled offshore funds** — SEBI drops MPS and fraud allegations against Vinod Adani after finding no proof he controlled two offshore funds invested in Adani group companies. — [Source](https://www.thehindu.com/business/sebi-drops-shareholding-case-against-vinod-adani-finds-no-proof-he-controlled-offshore-funds/article71523152.ece)
- 2026-09-29 — Mint: **Adani stocks today: Adani Power, Adani Energy, Adani Enterprises slip after  ₹1.48 crore SEBI settlement** — In a recent SEBI settlement, Adani Group companies and chairman Gautam Adani resolved allegations related to non-compliance with public shareholding requirements, amounting to ₹1.48 crore. The news influenced stock movements, resulting in declines for several Adani shares. — [Source](https://www.livemint.com/market/stock-market-news/adani-stocks-today-adani-power-adani-energy-adani-enterprises-slip-after-rs-1-48-crore-sebi-settlement-11790656271285.html)
- 2026-09-29 — Economic Times: **Why is market falling today? Sensex slumps 700 points, Nifty below 22,600. 8 key factors rattling D-Street** — On Tuesday, the Indian stock market faced a substantial downturn. This sharp decline came after a previous drop exceeding 1.5% the day before. A staggering Rs 4 lakh crore was wiped off in market capitalisation, as investors reacted to rising oil prices and climbing bond yields. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/why-is-market-falling-today-sensex-slumps-700-points-nifty-below-22600-8-key-factors-rattling-d-street/articleshow/134555814.cms)
- 2026-09-29 — The Hindu: **SEBI rejects charge of minimum public shareholding violation by Adani Group companies** — SEBI clears Adani Group in MPS and PFUTP probe, finding no evidence of control or violations. — [Source](https://www.thehindubusinessline.com/markets/sebi-rejects-charge-of-minimum-public-shareholding-violation-by-adani-group-companies/article71522363.ece)
- 2026-09-29 — BUSINESSTODAY: **Adani Power, AEL, Adani Ports, Adani Energy: Adani stocks in focus after SEBI MPS case settlement** — Adani stocks, Adani Power share price, AEL share price, Adani Enterprises shae price, Adani Energy share price, Adani Ports share price — [Source](https://www.businesstoday.in/markets/stocks/story/adani-power-ael-adani-ports-adani-energy-adani-stocks-in-focus-after-sebi-mps-case-settlement-558396-2026-09-29)
- 2026-09-29 — Economic Times: **Sebi clears Gautam, Vinod Adani of MPS norm violation** — Securities and Exchange Board of India has cleared Gautam Adani and family of MPS violations accusations. While it imposed a penalty of ₹20 lakh each on two individuals for misinformation. The cases involve Adani Enterprises, Adani Power, Adani Ports and Special Economic Zone, and Adani Energy Solutions. Sebi found insufficient evidence linking the Adani family effectively controlling certain foreign investments. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/sebi-clears-gautam-vinod-adani-of-mps-norm-violation-imposes-penalties-on-others/articleshow/134553180.cms)
- 2026-09-28 — MONEYCONTROL: **Adani MPS case takes a twist: Group pays Rs 1.48 crore to settle, while SEBI finds the same violation not established** — Sebi, Adani, Adani MPS case — [Source](https://www.moneycontrol.com/news/business/markets/adani-mps-case-takes-a-twist-group-pays-rs-1-48-crore-to-settle-while-sebi-finds-the-same-violation-not-established-14040410.html)
- 2026-09-28 — Times of India: **Gautam Adani, 4 group firms settle with Sebi in minimum public shareholding violation case** — NEW DELHI: Adani Group chairman Gautam Adani, four group companies and 13 others have settled proceedings with the Securities and Exchange Board of India — [Source](https://timesofindia.indiatimes.com/business/india-business/gautam-adani-4-group-firms-settle-with-sebi-in-minimum-public-shareholding-violation-case/articleshow/134547086.cms)
- 2026-09-28 — DECCANCHRONICLE.COM: **Adani, 4 Group Firms Settle Sebi Case Over Shareholding Norms for Rs 1.48 Cr** — The proceedings stemmed from complaints received by Sebi in June and July 2020 alleging non-compliance with MPS requirements by certain listed Adani Group companies. — [Source](https://www.deccanchronicle.com/business/gautam-adani-4-group-companies-settle-shareholding-norm-violation-case-with-sebi-for-rs-148-cr-1991372)
- 2026-09-28 — The Hindu: **SEBI clears Vinod Adani and settles Gautam Adani in MPS violations case** — SEBI clears Vinod Adani of MPS and PFUTP violations, imposes penalties on two individuals, and settles with Gautam Adani-led entities. — [Source](https://www.thehindu.com/business/sebi-clears-vinod-adani-and-settles-gautam-adani-in-mps-violations-case/article71521131.ece)
- 2026-09-28 — BUSINESS: **Sebi finds no evidence Vinod Adani controlled FPIs, drops Adani MPS case** — Sebi said there was no evidence of Vinod Adani directing the management or policy decisions of two FPIs that invested in listed Adani group companies. — [Source](https://www.business-standard.com/markets/news/sebi-finds-no-evidence-vinod-adani-controlled-fpis-drops-adani-mps-case-126092801441_1.html)
- 2026-09-28 — BUSINESSTODAY: **Adani Group firms settle SEBI case for Rs 1.48 crore over alleged MPS violations** — Adani Group, SEBI settlement, minimum public shareholding, Gautam Adani, Rs 1.48 crore settlement, SEBI proceedings, public shareholding norms, Indian stock market, SEBI investigation, Adani Enterprises, Adani Power, Adani Ports, Adani Transmission — [Source](https://www.businesstoday.in/latest/corporate/story/adani-group-firms-settle-sebi-case-for-rs-1-48-crore-over-alleged-mps-violations-558390-2026-09-28)
- 2026-09-28 — Mint: **Sebi settles case against Adani Group companies over public shareholding allegations | Company Business News** — However, Sebi retains the right to restore or initiate proceedings if representations made during the settlement process are found to be untrue, or if the applicants breach undertakings — [Source](https://www.livemint.com/companies/news/sebi-settles-case-against-adani-group-companies-public-shareholding-11790607829702.html)
- 2026-09-28 — The Hindu: **Markets sink to April lows at noon; crude surge, FII selling batter sentiment across sectors** — FIIs continued their selling trend, offloading equities worth ₹3,694 crore in the previous session, while DIIs purchased approximately ₹2,838 crore — [Source](https://www.thehindubusinessline.com/markets/markets-sink-to-april-lows-at-noon-crude-surge-fii-selling-batter-sentiment-across-sectors/article71518803.ece)

## Business profile

**Strategic vision:** Indian port operator with integrated logistics and industrial zones.

### Business segments
- **Ports and Terminals:** APSEZ manages multiple ports equipped to handle containerized, dry bulk, liquid, and gas cargo, providing deep draft facilities for large vessels.
- **Logistics Infrastructure:** The logistics segment manages grade-A warehousing, cold storage facilities, bulk cargo terminals, and a fleet of private container trains connected to national rail corridors.
- **Special Economic Zones (SEZ):** Industrial land holdings developed near port facilities offering tax-advantaged zones, dedicated power plants, water supply networks, and road-rail links for manufacturers.
- **Marine & Dredging Services:** The company operates its own dredging and marine service fleet to maintain port channel depths and provide harbor services.

### Competitive strengths
- Integrated transport utility model combining ports, logistics, and SEZs.
- Network of ports along western and eastern coastlines of India.
- Internal marine and dredging services capability.
- Direct connection of logistics fleet to major national rail corridors.

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## Freshness and sources

- Data as of: 2026-10-13
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/adaniports
Markdown representation: https://faxioms.com/stocks/adaniports?render=md