Adani Ports stock: Q2 growth lifts FY27 guidance outlook
Published on 11/11/2026 at 16:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth lifts full-year outlook
- Adani Ports reported strong second-quarter revenue and EBITDA growth across its ports, logistics and marine businesses.
- The company raised its FY27 revenue, EBITDA and capital spending guidance after a strong first half.
- Adani Ports is scheduled to report third-quarter results on January 28, 2027.
Adani Ports and Special Economic Zone reported strong growth for the quarter ended September 30, 2026, and raised its full-year outlook. The company announced the figures on October 28, 2026, in a company release.
Broad-based quarterly expansion
Consolidated revenue rose 24 percent year over year to INR 11,340 crore in Q2 FY27. EBITDA increased 23 percent to INR 6,807 crore, while profit after tax reached INR 3,682 crore, up 18 percent from the year-earlier quarter.
Domestic ports remained the earnings anchor, with revenue up 13 percent and an EBITDA margin of 72.5 percent. International ports delivered 71 percent revenue growth and a 3.4-fold increase in EBITDA. Logistics revenue rose 21 percent, while marine revenue gained 57 percent.
Higher investment plans
Following the first-half performance, APSEZ raised its FY27 revenue guidance to INR 44,000-46,000 crore from INR 43,000-45,000 crore. The EBITDA range was increased to INR 26,000-27,000 crore from INR 25,000-26,000 crore.
The company also lifted its capital spending guidance to INR 15,000-17,000 crore from INR 12,000-14,000 crore. Management said the higher investment pace supports its longer-term Ambition 2031 targets. Net debt to EBITDA stood at 1.8 times at the end of the first half, according to the release.
What investors should watch next
The stronger outlook points to continued spending on domestic and international ports, logistics and marine services. For investors, execution of the expanded investment program and leverage control are key factors alongside the delivery of the upgraded FY27 targets.
India's broader equity market is tracked through the BSE Sensex.
Adani Ports is scheduled to report its third-quarter FY27 results on January 28, 2027. More news and analyses on Adani Ports stock.
Adani Ports and Special Economic Zone
- ISIN: INE742F01042
- Tickers: ADANIPORTS on NSE; 532921 on BSE
- Q2 FY27 revenue: INR 11,340 crore
- Q2 FY27 EBITDA: INR 6,807 crore
- FY27 revenue guidance: INR 44,000-46,000 crore
- FY27 EBITDA guidance: INR 26,000-27,000 crore
- FY27 capital spending guidance: INR 15,000-17,000 crore
