Adani Group's Revenue Up By 7% In FY25; Anticipate Annual Capex Of $15–20 Billion For Five Years: Gautam Adani
Total revenues were Rs 2,71,664 crore, and adjusted Ebitda was Rs 89,806 crore during the period, Gautam Adani said.
Adani Group's consolidated revenues grew by 7%, Ebitda by 8.2%, and the net debt-to-Ebitda ratio remained healthy at 2.6x during the financial year ending March 2025, Chairman Gautam Adani said, addressing the group's annual general meeting on Tuesday.
Total revenues were Rs 2,71,664 crore, and adjusted Ebitda was Rs 89,806 crore during the period, he said.
Speaking about various milestones of the companies, Adani said that Adani Power crossed 100 billion units of generation. "It's a scale never before matched by any private sector company," he said, adding that it is now well on track to reach 31 GW capacity by 2030.
Adani Green is building the world’s largest renewable energy park in India, and it's visible even from space. "From Khavda to the world, our target of 50 GW by 2030 is proof that scale and sustainability can coexist," he said, adding that, combining thermal, renewable and pumped hydro generation capacities, Adani Green is expected to have a 100 GW capacity by 2030.
Adani Energy Solutions secured close to Rs 44,000 crore in transmission orders, while Adani New Industries – building electrolysers and solar modules at a global scale – is on track to expand its solar module manufacturing lines and will have a 10 GW integrated solar module manufacturing facility in place by the next financial year.
Adani Ports handled a record 450 MMT of cargo, Adani said, calling it "the beating heart of India’s trade."
"Two and a half years ago, when we acquired Holcim’s India cement business, we had made a bold commitment – to double our capacity to 140 MTPA by FY28," Adani said. "Today, I am proud to share that we have already achieved 72% of that target and crossed the 100 MTPA milestone," he said.
Adani Airports handled a record 94 million passengers in FY25 and completed the first test flight at the greenfield Navi Mumbai Airport. This airport is expected to open later this year with an initial passenger capacity of 20 million of what will then become a 90 million passenger airport, giving Adani airports a 35% share of India’s airport passenger traffic.
Drones by Adani Defence were used in Operation Sindoor, while their anti-drone systems helped protect forces and citizens. Coming to Adani Total Gas, the business now serves 1 million PNG customers and runs 3,400 EV charging stations across 22 states, Adani said.
Calling Dharavi the group's most transformative project and India’s most ambitious urban rehabilitation project, Adani said that over 1 million people will move from narrow lanes to a township that will feature spacious layouts, dual toilets, open spaces, schools, hospitals, transit hubs and parks.
Record Breaking Capex Targeted
The group's objective is to create new possibilities, serve our nation’s destiny and build valuation – brick by brick, he said. "We anticipate an annual capex spend of $15–20 billion for the next 5 years," Mr. Adani said, calling it a record breaking move. "These are not just investments in our Group, but investments in the possibilities for doing our part to build India’s infrastructure," he said.
The Indian economy stood apart amidst global challenges and grew faster than any other major nation, he said. Calling it the result of the government's vision, he said that the government- both at the Centre and across the states, has laid down the foundation for a truly historic transformation.
