Adani Group's Operating Income, Credit Metric Improve In Last One Year

Adani Group portfolio delivered its highest-ever trailing-12-month Ebitda or operating income and ensured sufficient liquidity to cover debt servicing for at least the next 12 months.

The TTM Ebitda — a financial metric that measures a company's earnings before interest, taxes, depreciation, and amortisation over the previous 12 months — rose 10% year-on-year to Rs 86,789 crore as of December 2024, according to a statement released on Thursday.

Core infrastructure businesses accounted for 84% of total Ebitda. This comprises Adani Enterprises Ltd.'s incubating infrastructure businesses, utility (Adani Green Energy Ltd., Adani Power Ltd., Adani Energy Solutions Ltd., and Adani Total Gas Ltd.), and transport (Adani Ports Ltd.) businesses.

In the third quarter, operating income rose 17.2% to Rs 22,823 crore. Adani Cement Ltd. saw a growth of 58.8%, while Adani Power's Ebitda rose 21.4%. The flagship company, Adani Enterprises, posted a 15.6% increase.

As on Sept. 30, 2024, Adani Group's fund flow from operations or cash after tax was at Rs 58,908 crore, the asset base stood at Rs 5.53 lakh crore, and net debt-to-Ebitda was at 2.46 times.

The credit profile has now achieved a significant milestone with 75% of the run-rate Ebitda generated from assets with domestic ratings of ‘AA-‘ and above, the Gautam Adani-led conglomerate said.

"Adani Portfolio companies are now on a high capex path, with a strong base of increasing cashflow generation and project execution outlay of respective portfolio companies. This will position the respective portfolio companies as the global leaders in their respective sectors," the statement said.

Disclaimer: NDTV is a subsidiary of AMG Media Networks Ltd, an Adani Group Company.