Earnings Alerts

Adani Ports & Special Economic Zone (ADSEZ) Earnings: Q1 Net Income Surges 48% to Beat Estimates

  • Net Income: Adani Ports’ net income for Q1 is 31.2 billion rupees, up 48% year-over-year.
  • Revenue: The company’s revenue for the quarter stands at 69.6 billion rupees, a 11% increase from the previous year.
  • Estimates: Net income surpassed estimates of 22.93 billion rupees. Revenue was just shy of the 70.07 billion rupees estimate.
  • Total Costs: Total costs rose to 42.4 billion rupees, marking a 4.3% year-over-year increase.
  • Other Income: Adani Ports reported other income of 4.95 billion rupees, a significant 29% increase from last year.
  • One-Time Cost: The quarter included a one-time cost of 1.45 billion rupees, primarily due to a settlement with a unit staff.
  • Market Sentiment: The company has strong market support with 19 buy ratings, 1 hold, and 0 sell ratings.

Adani Ports & Special Economic Zone on Smartkarma

Analyst coverage on Smartkarma for Adani Ports & Special Economic Zone is diverse. Leonard Law, CFA, shared a bullish sentiment in the “Morning Views Asia” research reports, emphasizing fundamental credit analysis, opinions, and trade recommendations on high yield issuers in the region. The reports offer insights on key company-specific developments, market commentary, indicators, and macroeconomic events related to Adani Ports & Special Economic Zone. Brian Freitas highlighted a significant development, reporting that Adani Ports will replace Wipro in the SENSEX Index, which could lead to a short-term stock price increase.

On the contrary, Leonard Law, CFA, also presented a bearish outlook in an “Adani Ports – Earnings Flash” report. While Adani Ports released strong FY 2023-24 results surpassing expectations, concerns about corporate governance issues within the broader Adani Group and potential event risks from international expansion cast shadows on the company’s outlook. The varied sentiments from analysts on Smartkarma provide investors with a comprehensive view of the opportunities and risks surrounding Adani Ports & Special Economic Zone.


A look at Adani Ports & Special Economic Zone Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Adani Ports & Special Economic Zone is positioned for stable long-term growth. With consistent scores across key factors such as Value, Dividend, Growth, and Momentum, the company demonstrates a balanced outlook. While its Resilience score is slightly lower, the overall picture is positive.

Adani Ports & Special Economic Zone operates a shipping port on the west coast of India, providing essential services for various types of cargo and additional transportation services. The company’s Smart Scores indicate a solid foundation for future success, supported by a well-rounded performance across different aspects of its business.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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