Over three decades, the group has emerged as a global player with business operations spread across key sectors like energy, resources, logistics, and agro, amongst others. Since its inception, the group has focused on serving the diverse needs of people, delivering strong value propositions, and contributing to nation-building. 

Adani Group – History

Adani Group is one of the leading business conglomerates and the largest integrated player in infrastructure and energy space-based in India.

Adani Group was founded by Mr. Gautam Adani in the year 1988 as a commodity trading business and has its headquarters based in Ahmedabad, Gujarat, India. Adani Group has an expanded business in different sectors which include port management, electric power generation, and transmission, renewable energy, mining, airport operations, natural gas, food processing, infrastructure, etc. 

With a total capital of ₹5 lakhs, the company was settled down as a partnership firm with the flagship company, Adani Enterprises which was previously known as Adani Exports.

To provide a base for its trading business, the company started to build its own port in the 1990s at Mundra and began its operations in 1995.

The Adani Group began its coal trading in 1999 accompanied by a joint venture in edible oil refining in 2000 with the formation of Adani Wilmar. Over the years, Adani Group started growing so well and it started establishing ports, mines, railway lines, power plants, and ships inside and outside the country. The growth of the company was unbelievable. In August 2020, Adani Group obtained a majority stake in Mumbai and Navi Mumbai airports after entering a debt acquisition agreement with GVK Group.

Under the guidance of Gautam Adani (one of the richest men in India and as well as the whole of Asia), the company has reached peaks and has grown its business operations in the sectors like energy, resources, logistics, and agriculture, among others. 

As per Forbes, he has entered the list of top 20 billionaires with a net worth of $59.9 billion as of the year 2021.

Subsidiaries of Adani Group 

ADANI ENTERPRISES LTD.

Adani Enterprises Limited is a primary holding company of the Adani Group, which is primarily engaged in the mining and trading of coal and iron ore and acts as a for Adani Group’s new business ventures.

The company was listed on the Bombay Stock Exchange and The National Stock Exchange of India. Since it was established and listed in 1994 the company has grown a lot where it has a market capitalization of  INR 22,909 Crores. The company goals in delivering consistent value, maximizing returns for stakeholders, and helping in the activities that build a nation. 

  • Market Capital:  22,909 Cr.
  • Return On Equity: 5.38 %
  • Sales Growth (3Yrs): 5.89 %
  • Promoter holding: 74.92 %
  • Debt to equity: 0.61
  • Price to book value: 1.46

ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED

Adani Ports and SEZ Ltd. (APSEZ) is known for being the largest commercial port operator in India as it accounts for more than one-fourth of the cargo transport that takes place in the country. 

  • Market Capital:  77,715 Cr.
  • Return On Equity: 17.52 %
  • Sales Growth (3Yrs): 15.40 %
  • Promoter holding: 62.46 %
  • Debt to equity: 1.24
  • Price to book value: 3.12

To Conclude

Over three decades, the group has emerged as a global player with business operations spread across key sectors like energy, resources, logistics, and agro, amongst others. Since its inception, the group has focused on serving the diverse needs of people, delivering strong value propositions, and contributing to nation-building. 

FAQ

Which companies are owned by Adani?

  • Adani Enterprises.
  • Adani Green Energy.
  • Adani Ports & SEZ.
  • Adani Transmission.
  • Adani Total Gas.
  • Adani Power
  • Adani Wimar and more.

What comes under Adani Enterprises?

Adani Enterprises Limited is presently focused on businesses related to airports, roads, water management, data centers, solar manufacturing, defence and aerospace, edible oils and foods, mining, integrated resource solutions, and integrated Agri products.

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