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Adani Group reports record Rs 5 lakh crore asset base with robust growth
Adani Group
Adani Group’s asset base grew by $9 billion in the first half of FY25, while gross debt increased by just $2 billion. File image.

Adani Group reports record Rs 5 lakh crore asset base with robust growth

| @indiablooms | 25 Nov 2024, 04:54 pm

Ahmedabad/IBNS: The Adani Group has demonstrated robust financial health and consistent growth, as highlighted in its H1 FY25 and Trailing-Twelve-Month (TTM) results.

Despite external challenges, the group achieved a 17 percent year-on-year (YoY) increase in TTM EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), reaching $10 billion.

Additionally, funds from operations (FFO) climbed to $7 billion, maintaining an impressive annual growth rate of over 30 percent for the past five years. 

The group's net debt-to-EBITDA ratio stood at 2.46x, well below its guidance range of 3.5x-4.5x, signaling strong financial discipline.

Liquidity across its portfolio companies remains healthy, with reserves sufficient to meet debt obligations for over 12 months.

The asset base expanded by $9 billion during H1 FY25 to $60 billion, while gross debt rose modestly by $2 billion.

Equity now constitutes 63 percent of the group’s total funding structure. 

Adani Group's debt maturities up to FY34 are comfortably manageable at current levels, even in a no-growth scenario.

This stability supports its ambitious long-term investment plan of allocating $100 billion over the next decade. 

The group's core infrastructure segments, including energy, transport, and utilities, accounted for 86.8 percent of H1 FY25 EBITDA, reaffirming their central role in Adani’s performance.

Emerging sectors such as green energy, airports, and roads showcased remarkable growth, with their EBITDA surging by 70.1 percent year-on-year. 

Adani Group's strong financial metrics and diversification across both established and emerging sectors highlight its resilience and commitment to sustainable growth, even amid external pressures.

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