Monday, 2 February 2026

 2,000

Next call in 6:06:32
Today, 17:00
Fiscal period
Q3 2026
Adjusted EPS / Estimate
-/ (3.83 est.)INR
Revenue/Estimate
-/ (238.31bn est.)INR
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance: upcoming earningsInsights from the latest news and reports
Analyst Q3 EPS and Revenue Estimates:For Q3 2026, analysts anticipate an average EPS of ₹3.83 on revenue of approximately ₹241 billion, though historical trends show a potential sequential decline in net income due to high investment costs.
Strong Growth in Incubating Businesses:The company's incubating business model continues to scale, with these segments now contributing over 70% of total EBITDA, driven by significant gains in the airports and mining services divisions.
Guidance Focus on Massive Infrastructure Capex:Adani Enterprises has maintained its ambitious ₹36,000 crore capital expenditure guidance for FY2026, despite market sentiment being cautious due to a nearly 19% year-to-date decline in share price as of early 2026.
Airport and Logistics Expansion Progress:The AAHL Airports business is currently tracking at a quarterly EBITDA run-rate of over ₹1,000 crore, supported by a 51% year-on-year increase in segment earnings and the operationalization of Navi Mumbai International Airport.
Strategic Entry into Petrochemicals Sector:The company is on track to commission the first phase of its $4 billion Mundra PVC project by December 2026, aiming to address the significant supply-demand mismatch in India's domestic plastic polymer market.
New Partnerships and ESG Improvements:Recent strategic milestones include a partnership with Google for an AI Data Center in Visakhapatnam and a significant improvement in Sustainalytics' ESG rating from high to medium risk.
How will the recently approved ₹25,000 crore rights issue impact the company's leverage and debt-to-EBITDA ratios in the coming fiscal year?

What specific operational milestones must be met by December 2026 to ensure the timely commissioning of the Mundra PVC project?

Previous reportsAll values in INR
Fiscal periodReport dateAdjusted EPSEPS surpriseRevenueRev. surpriseActions
Q2 20264 Nov 2025
-/ (5.34 est.)
-
212.49bn/ (247.58bn est.)
-14.18%
Q1 202631 Jul 2025
-/ (14.34 est.)
-
219.61bn/ (304.02bn est.)
-27.76%
Q4 20251 May 2025
31.64/ (16.60 est.)
+90.60%
269.66bn/ (237.42bn est.)
+13.58%
Q3 202530 Jan 2025
-/ (13.18 est.)
-
228.48bn/ (297.27bn est.)
-23.14%
Q2 202529 Oct 2024
-/ (17.49 est.)
-
226.08bn/ (257.41bn est.)
-12.17%
Q1 20251 Aug 2024
-/ (12.42 est.)
-
254.72bn/ (281.41bn est.)
-9.48%
Q4 20242 May 2024
2.44/ (8.11 est.)
-69.91%
291.80bn/ (284.97bn est.)
+2.40%
Q3 20241 Feb 2024
-/ (3.07 est.)
-
250.50bn/ (239.25bn est.)
+4.70%
Q4 20234 May 2023
-/ -
-
313.46bn/ (254.53bn est.)
+23.15%
Q3 202314 Feb 2023
-/ -
-
266.12bn/ (292.45bn est.)
-9.00%
Q2 20234 Nov 2022
-/ -
-
381.75bn/ (346.70bn est.)
+10.11%
Q1 20235 Aug 2022
-/ -
-
408.44bn/ (248.66bn est.)
+64.26%
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