Adani Enterprises signs Jabil AI venture: multi-gigawatt plans shape Adani Enterprises stock

Published on 10/15/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 13 MoU sets a 50:50 AI hardware venture. Adani Enterprises stock reaches October 28 results after Q1 FY27 revenue of INR 329.24 billion.

Expansion, earnings and calendar

Adani Enterprises and Jabil agreed on a 50:50 venture on October 13, 2026.
Q1 FY27 revenue reached INR 329.24 billion, while EBITDA rose 49.00 percent.
The board is scheduled to consider Q2 FY27 results on October 28, 2026.

Adani Ent, INE423A01024, Illustration mit AI erstellt.

Adani Enterprises Limited (ISIN INE423A01024) signed a 50:50 joint venture memorandum with Jabil on October 13, 2026, covering artificial intelligence and data center hardware. The proposed platform targets multi-gigawatt manufacturing capacity, giving the company a new operating angle before its next results.

According to Adani Enterprises on October 13, 2026, the non-binding MoU covers AI racks, servers, storage, networking equipment, power distribution units, liquid cooling systems and transformers. Definitive agreements and regulatory approvals remain conditions for the proposed venture.

What does the venture add?

The commercial logic is vertical expansion. The partners intend to manufacture and assemble equipment for hyperscalers, cloud providers, data center operators and enterprises, while also offering installation and commissioning services. The company said the plan follows a June 2026 announcement about an AI and data center infrastructure ecosystem and aligns with a USD 100 billion Adani Group commitment to build 5 gigawatts of green-energy-powered, hyperscale AI-ready data centers by 2035.

Three dated developments

On June 30, 2026, Adani Enterprises reported Q1 FY27 revenue of INR 329.24 billion and EBITDA of INR 56.42 billion, with EBITDA up 49.00 percent year over year, according to ET Now. On October 5, 2026, the company issued a rights-issue call reminder requiring INR 450 per share by November 4, 2026, according to Stockfin. The October 13, 2026 Jabil agreement then added a 50:50 AI hardware venture to that sequence.

What comes next for earnings?

Adani Enterprises lists October 28, 2026, as the board meeting for Q2 FY27 results covering the quarter and half year ended September 30, 2026. The same investor calendar lists January 28, 2027, for the Q3 FY27 board meeting. These dates give investors a defined checkpoint for the effect of new projects and capital allocation.

Execution shapes the story

The venture is strategically broad but remains at the memorandum stage, so its value depends on definitive agreements, approvals and eventual production scale. That makes the October results important for judging the existing earnings base: Q1 FY27 revenue reached INR 329.24 billion, while the company also reported a consolidated net loss after a one-time settlement charge, according to ET Now.