Adani Enterprises, the flagship company of Adani Group, is once again preparing to increase its value on a large scale. The company plans to list many of its important businesses, such as airports, metals, data centers and road projects, in the stock market in the coming years. In the news of Economics Times, quoting sources, it has been said that this process of listing will be completed between the year 2027 and 2031.
Like the last few years, this time too Adani Group will present many of its new sectors as separate companies. Earlier, between 2016 and 2020, Adani Enterprises has worked to build a good reputation by listing companies like Adani Total Gas, Adani Green Energy, and Adani Wilmar in the stock market. This time also the company is pursuing the same strategy.
According to a source, “By 2027-28, the EBITDA of the airport business is expected to reach almost three times the current level. At the same time, the business of copper and other materials will also become fully operational and will be ready for listing.” He also added that Ganga Expressway and seven other road projects will also be completed in the coming three years.
The country’s largest private airport operator
Adani Group is currently the largest private airport operator in the country. The group has a total of eight airports, which include Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram and Mangaluru. All these come under Adani Airport Holdings Ltd. According to company data, the EBITDA of the airport business in the September quarter stood at Rs 1,062 crore, which shows an increase of 43 percent compared to last year.
Apart from airport business, Adani Group has also started city-side development in 114 acres around these airports. This includes Mumbai, Ahmedabad, Jaipur, Lucknow and Guwahati. The company’s goal is not limited to just air services, but it also wants to make the non-aero segment (i.e. commercial and service activities around the airport) a major source of revenue.
Big planning in metal sector
Adani Enterprises has also made big plans in the metals sector. The company aims to become the second largest metal company in the country after Vedanta in the coming years. At the same time, the performance of Adani Road Transport is also continuously improving. In the first half of the current financial year, the EBITDA of this unit has reached ₹ 930 crore. Seven projects have already been commissioned, while seven more are under construction.
Experts believe that this second listing round of Adani Enterprises can prove to be a good profitable deal for the investors of the company, just like the first phase. These new sectors can take both company value and shareholder wealth to new heights in the coming decade.
