Marine Port & Services
Marine Port & Services
from 1,720 today
Adani Ports & Special Economic Zone reported robust 1QFY27 consolidated revenue and EBITDA growth, driven by outperformance in international ports and marine segments. We maintain our BUY rating with a revised target price of INR 2,013 based on 16x consolidated 1HFY29E EV/EBITDA.
ADSEZ delivered a strong operating performance in Q1FY27, with 19% YoY EBITDA growth driven by improved volumes and profitability at international ports, higher transshipment volumes, and momentum in the marine business. We maintain our FY27E/28E EBITDA estimates and maintain 'BUY' with a revised target price of Rs2,113.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
