Adani Ports Q1 preview: Net profit may jump 22%, revenue likely to rise 16% on strong volumes

Adani Ports Q1 preview: net profit may jump 22%, revenue likely to rise 16%

Adani Ports and Special Economic Zone Ltd (APSEZ) is scheduled to release its financial results for the June quarter on August 5. The company is expected to deliver a strong performance, led by higher cargo volumes and improved realisations across its core business segments.

According to estimates from four brokerages polled by Moneycontrol, APSEZ is likely to report revenue of Rs 8,768.10 crore, reflecting a 16 percent year-on-year increase. This growth is expected to be broad-based, driven by solid momentum in ports, marine services, and logistics.

Net profit is projected at around Rs 2,985.40 crore, a 22 percent rise from the same period last year. EBITDA is expected at Rs 5,117.20 crore, up 6 percent year-on-year. However, the EBITDA margin is anticipated to contract by 130 basis points to 59.7 percent, primarily due to changes in the business mix.

During the quarter, APSEZ reported a 10.6 percent growth in cargo volumes, reaching 120 million tonnes. The company also continued operations at the Haifa Port in Israel. Ongoing investments in port infrastructure and logistics continue to support long-term growth. Analysts highlight that the commencement of operations at new transshipment hubs will likely drive further volume growth in the coming quarters.

Volume Growth: Brokerages expect consolidated revenue to grow by 19 percent year on year, with port volumes rising by 11 percent. Container Corporation of India (CCRI) volumes are projected to grow by 11–12 percent, slightly below year-ago trends in Indian Railways’ container movement.

EBITDA Trends: Margins are expected to remain flat year on-year due to subdued pricing and heightened competitive intensity. Pressure from domestic markets (starting Q2 FY25) and select EXIM corridors (from the latter half of Q3 FY25) may limit margin expansion despite volume gains.

Investors and analysts will closely watch for management's commentary on several key areas. These include the company's volume guidance and capacity utilisation outlook, which will offer insights into future growth expectations.