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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Adani Enterprises Limited is an India-based integrated infrastructure company that operates with various businesses spanning across integrated resource management, mining services and commercial mining, new energy ecosystem, data center, airports, roads, copper, digital, food…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, fast-growing business, trading cheap versus its own history — but flagged on governance.
Adani Enterprises is scored on the general / industrial framework. It keeps a slim 9.4% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.24×) — worth a closer look. Free cash flow is worth about -7.0% of its market value.
Over the last 3 years revenue compounded at -7%/yr and profit at 64%/yr. Book value itself has compounded 33%/yr — the hallmark of a genuine compounder. Return on equity is a weak 3.7%.
At 36× earnings, the stock sits at the 10th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price already implies ~26%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: Share count up 27% over 4 years — heavy equity dilution.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 69.59 | — | — |
| P/B | 3.78 | 3.37 | worse |
| EV/EBITDA | 19.86 | — | — |
| ROE | 3.66 | — | — |
| ROCE | 5.85 | — | — |
| ROA | 1.66 | — | — |
| Quick Ratio | 0.72 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Aegis Logistics | 25.8 | 6.0 | 20.0% |
| Premier Energies | 22.8 | 7.8 | 34.2% |
| Redington | 16.2 | 2.4 | 18.6% |
Negative CAGR — the top line has shrunk over this window.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (64% vs -7%) — margin expansion is at work.
Operating margin has expanded from 3% to 13% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 11% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 5pp across the window.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (64% vs 51%) — share dilution is eroding per-share value. 51% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 0.2× PAT — reported profit isn't translating into cash, raising earnings quality questions. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 13% sequentially — momentum is building. Wide quarterly swings (33% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 22% above earlier ones.
2 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 167% QoQ — check if this is operating leverage or a one-off item. Quarterly margins are compressing (22% → 3%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 72.0% — heavily owner-operated with strong skin in the game. Promoters reduced 2.7pp over 4 quarters — watch whether this is planned divestment or pledge invocations. MF holding up 3.9pp — domestic institutional discovery underway.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.