One of India’s leading port operators, Adani Ports and Special Economic Zone Limited (APSEZ), has operations in 12 ports around the nation. Recently, there has been a lot of interest in the share price of Adani Ports, with investors and analysts keenly observing the company’s operations and speculating on its potential for future expansion.
In this article, we’ll review Adani Ports’ most recent financial results in further detail, consider the variables that could potentially affect its share price, and go over what industry experts are saying about the company’s prospects moving forward. Our ultimate goal is to help readers comprehend the share price target for Adani Ports and what it can entail for investors wishing to add the stock to their portfolio.
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Contents
ADANI PORTS IN RECENT NEWS
- The company has announced a dividend of ₹5 per share (250% of the share’s value) for the fiscal year FY23, which will be advantageous for investors.
- Throughout the year, Adani Ports secured a total of five bids, encompassing two projects in the port sector (the mechanization of Berth 2 at Haldia Port and the construction of Tajpur Port from scratch) and three ventures in the logistics sector (the Loni ICD, Valvada ICD, and 70 agricultural silos, with a collective capacity of 2.8 MMT).
- Adani Ports & Special Economic Zone Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- The company made organic capital expenditures exceeding 9,000 crores and executed six notable acquisitions valued at approximately 18,000 crores.
ADANI PORTS SHARE PRICE TARGET 2023
| ADANI PORTS SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| July 2023 | ₹735.48 | ₹436.22 |
| August 2023 | ₹810.73 | ₹610.64 |
| September 2023 | ₹1,010.37 | ₹810.82 |
| October 2023 | ₹992.73 | ₹763.64 |
| November 2023 | ₹1,092.01 | ₹840.00 |
| December 2023 | ₹1,223.05 | ₹940.80 |
Based on the share price prediction table for Adani Ports in 2023, the company is expected to experience a bullish uptrend, with significant growth potential throughout the year. In July 2023, the maximum price is predicted to be ₹735.48 and the minimum price ₹436.22, indicating a potential growth percentage of around 30%.
As we move into the second half of the year, Adani Ports’ growth prospects appear even stronger, with the maximum share price predicted to reach ₹1,223.05 in December 2023, representing a potential growth percentage of around 30% from November’s minimum price. Overall, these predictions suggest that Adani Ports is well-positioned to capitalize on the increasing demand for port services in India, and investors looking for strong growth opportunities in the coming year may want to consider adding the stock to their portfolio.
ADANI PORTS SHARE PRICE TARGET 2024
| ADANI PORTS SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹1,287.42 | ₹1037.03 |
| February 2024 | ₹1,446.54 | ₹1,205.45 |
| March 2024 | ₹1,522.67 | ₹1,237.94 |
| April 2024 | ₹1,384.25 | ₹1,064.80 |
| May 2024 | ₹1,153.54 | ₹887.34 |
| June 2024 | ₹1,384.25 | ₹1,064.80 |
| July 2024 | ₹1,176.61 | ₹912.10 |
| August 2024 | ₹1,294.27 | ₹1,027.20 |
| September 2024 | ₹1,358.98 | ₹1,045.37 |
| October 2024 | ₹1,598.80 | ₹1,229.85 |
| November 2024 | ₹1,678.74 | ₹1,291.34 |
| December 2024 | ₹1,712.32 | ₹1,317.17 |
Looking ahead to 2024, Adani Ports’ growth prospects appear strong with significant potential upside. According to the share price prediction table, the maximum price for Adani Ports in 2024 is expected to be ₹1,712.32 in December, while the minimum price is predicted to be ₹887.34 in May. This indicates a potential growth percentage of around 93% between the minimum and maximum price.
The company’s performance is projected to remain strong throughout the year, with the maximum share price predicted to reach ₹1,678.74 in November and the minimum price expected to be ₹1,064.80 in both April and June. These predictions suggest that Adani Ports is well-positioned to continue capitalizing on the increasing demand for port services in India and potentially expand into new markets in the coming year. With such strong growth potential, investors may want to consider adding Adani Ports to their portfolio to take advantage of the expected uptrend in the company’s share price.
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ADANI PORTS SHARE PRICE TARGET 2025
| ADANI PORTS SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹1,746.56 | ₹1,343.51 |
| February 2025 | ₹1,838.49 | ₹1,414.22 |
| March 2025 | ₹1,930.41 | ₹1,484.93 |
| April 2025 | ₹1,723.58 | ₹1,325.83 |
| May 2025 | ₹1,566.89 | ₹1,205.30 |
| June 2025 | ₹1,723.58 | ₹1,325.83 |
| July 2025 | ₹1,641.51 | ₹1,262.70 |
| August 2025 | ₹1,709.90 | ₹1,315.31 |
| September 2025 | ₹1,795.40 | ₹1,381.08 |
| October 2025 | ₹1,903.12 | ₹1,463.94 |
| November 2025 | ₹2,036.34 | ₹1,566.42 |
| December 2025 | ₹2,077.07 | ₹1,597.75 |
Looking at the share price prediction table for 2025, Adani Ports is poised for another year of strong growth and has a promising outlook with high potential upside. The maximum share price target for Adani Ports in 2025 is projected to be ₹2,077.07 in December, while the minimum price target is expected to be ₹1,205.30 in May. This suggests a potential growth percentage of around 72% between the minimum and maximum price.
Furthermore, the company’s performance is expected to remain steady throughout the year, with the maximum share price target predicted to reach ₹2,036.34 in November and the minimum price expected to be ₹1,325.83 in both April and June. These predictions indicate that Adani Ports will continue to benefit from the growing demand for port services in India and could potentially expand into new markets in the coming years.
ADANI PORTS SHARE PRICE TARGET 2026 TO 2030
| ADANI PORTS SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹1,453.95 | ₹1,017.76 |
| 2027 | ₹1,235.86 | ₹865.10 |
| 2028 | ₹2,224.54 | ₹1,557.18 |
| 2029 | ₹4,569.55 | ₹3,198.69 |
| 2030 | ₹5,088.82 | ₹3,562.17 |
As per the data, the maximum share price target for 2026 is ₹1,453.95, and the minimum is ₹1,017.76. Similarly, for 2027, the maximum share price is ₹1,235.86, and the minimum is ₹865.10. The years 2028 and 2029 show a significant growth potential, with a maximum share price of ₹2,224.54 and ₹4,569.55, respectively. Finally, in 2030, the maximum share price target is ₹5,088.82, and the minimum is ₹3,562.17. This data suggests a bullish trend for Adani Ports in the upcoming years, with significant growth potential. However, it is essential to note that these are only projections and may be subject to market volatility and other economic factors.
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FINANCIAL STRENGTH OF ADANI PORTS (2019 TO 2023)
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales | 10,925 | 11,873 | 12,550 | 15,934 | 20,852 |
| Expenses | 4,330 | 5,926 | 3,862 | 7,052 | 9,905 |
| Operating Profit | 6,596 | 5,947 | 8,688 | 8,882 | 10,947 |
| OPM % | 60% | 50% | 69% | 56% | 52% |
| Other Income | 1,289 | 1,928 | 1,967 | 1,939 | 328 |
| Interest | 1,385 | 1,951 | 2,255 | 2,541 | 2,363 |
| Depreciation | 1,373 | 1,680 | 2,107 | 2,740 | 3,423 |
| Profit before tax | 5,126 | 4,244 | 6,292 | 5,541 | 5,489 |
| Tax % | 21% | 11% | 20% | 13% | 2% |
| Net Profit | 4,045 | 3,785 | 5,049 | 4,795 | 5,393 |
| EPS in Rs | 19.27 | 18.52 | 24.58 | 22.38 | 24.58 |
| Dividend Payout % | 1% | 17% | 20% | 22% | 20% |
- Adani Port has shown consistent sales growth over the past five years, increasing from 10,925 in March 2019 to 20,852 in March 2023.
- Operating profit has generally increased, reaching its highest point at 10,947 in March 2023.
- Operating profit margin (OPM %) peaked at 69% in March 2021, indicating the company’s ability to generate higher profits relative to sales.
- Other income has remained stable, contributing positively to overall profits.
- Interest expenses and depreciation costs have gradually increased over the years, reflecting higher borrowing costs and investments in assets.
- Net profit has experienced moderate growth, reaching its highest at 5,393 in March 2023.
- Earnings per share (EPS) have increased, with a peak of 24.58 in both March 2021 and March 2023.
- Dividend payout percentage has varied, reaching its highest at 22% in March 2022.
- Adani Port has demonstrated growth in sales and profits, with fluctuations in expenses and increased costs in recent years.
Adani Port has shown consistent sales growth and improved profitability over the past five years. Despite fluctuations in expenses and increased costs, the company has managed to increase its operating profit and maintain a stable net profit. Earnings per share (EPS) have also witnessed growth. Adani Port’s financial performance reflects a positive trend, indicating its ability to generate revenue and deliver satisfactory results to shareholders.
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ADANI PORTS SHARE PRICE TARGETS BY EXPERTS
- JM Financial has issued a recommendation to purchase Adani Port shares, setting a target price of Rs 800.
- Adani Port has received a buy rating from brokerage firm CLSA, with a projected price of Rs 790.
- Investment advisory firm Goldman Sachs has provided guidance to investors, recommending the purchase of Adani Port shares with a target price of Rs 810.
- ICICI Direct suggested to buy Adani Port with a target price of Rs 800.
POINTS TO NOTICE WHILE INVESTING INADANI PORTS SHARE PRICE:
- Company has been maintaining a healthy dividend payout of 21.0%
- Company’s median sales growth is 18.7% of last 10 years
- Stock is trading at 3.48 times its book value
- Promoter holding has decreased over last quarter: -4.10%
- Tax rate seems low
- Company might be capitalizing the interest cost
- Working capital days have increased from 49.6 days to 90.3 days
FAQ’s
Considering the data indicating a steady increase in Adani Port shares in the coming years, it appears to be an opportune time for investment. However, for individuals who are new to investing, it is advisable to start with smaller amounts.
The maximum share price target of Adani Ports in 2027 is Rs. 2,077.07
The maximum share price target of Adani Ports in 2029 is Rs. 4569.55
The maximum share price target of Adani Ports in 2030 is Rs. 5088.82
Is Adani Ports currently considered overvalued or undervalued?
Adani Port’s present valuation, in comparison to its historical performance, is regarded as overvalued.
CONCLUSION: ADANI PORTS
The company has had tremendous development in terms of revenue and earnings over the last five years, according to ADANI PORTS’ financial statements. Revenue for the company has grown consistently over the years, with a growth rate of 24.58% in FY2022 when compared to the prior year. The company’s PAT has also been strong, growing at a pace of 32.72% in FY2021. During the past three years, the operational profit margin has stayed above 50%, demonstrating effective spending control.
Yet, given that the PAT fell by 5.33% in FY2022 compared to the prior year, there are some worries about the company’s overall profitability. The company’s overall expenses have grown dramatically as well, which could put pressure on profits moving forward.
When considering investments in APSEZ shares or any other stock, it is important to be aware of the high risk associated with the stock market. It is recommended to allocate only a small portion of your portfolio for such investments.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.