A Legacy of Vision,
Leadership and Nationhood
The Adani portfolio of companies is India’s largest integrated infrastructure platform, synonymous with national progress, scale, and purpose. Over the years, it has consistently delivered best-in-class growth with robust cash flows and financial discipline. The portfolio is today among India’s largest contributors to national revenues and taxes, and most trusted corporate groups, redefining economic development.
Guided by a nation-first ethos, the Adani portfolio of companies is investing at scale in critical infrastructure and new-age sectors to enable ‘Viksit Bharat’. It is equally committed to sustainable development and creating value for all stakeholders, with the philosophy of ‘Growth with Goodness’ at its core.
At the Adani portfolio of companies, every action, every idea pursued and every forward leap is driven by the goal of making India rise stronger, stand self-reliant, and thrive sustainably.
Pedigree
The Adani portfolio of companies is headquartered in Ahmedabad, India. It was founded and promoted in 1988 by Mr Gautam Adani, whose foresight has shaped some of the most critical pillars of India’s modern infrastructure. What began as a trading enterprise is now one of India’s most dynamic, diversified, and forward-looking conglomerates comprising 13 listed companies.
Vision
To be a world-class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation.
Values
- Courage: We shall embrace new ideas and businesses
- Trust: We shall believe in our employees and other stakeholders
- Commitment: We shall stand by our promises and adhere to high standards of business
Culture
- Passion: Performing with enthusiasm and energy
- Results: Consistently achieving goals
- Integration: Working across functions and businesses to create synergies
- Dedication: Working with commitment in the pursuit of our aims
- Entrepreneurship: Seizing new opportunities with initiatives and ownership
A portfolio invested in India’s tomorrow
Built Around Core Infrastructure and Utility Platform
The Adani portfolio of companies is structured around a core infrastructure and utility platform that delivers strong and predictable cash flows. Its robust operating model is built around 40 years of investments in productivity, efficiency and execution across energy, utilities, and transport and logistics.
- ATGL: Adani Total Gas Limited, JV with TotalEnergies.
- Ambuja Cement’s shareholding does not include Global Depository Receipt of 0.04% but includes AEL shareholding of 0.35% received as part of the consideration against transfer of Adani Cementation Limited as per NCLT order dated July 18, 2025.
- Cement includes 67.64% (67.68% on voting rights basis) stake in Ambuja Cements Limited as on March 31, 2026 which in turn owns 50.05% in ACC Limited. Adani directly owns 6.64% stake in ACC Limited and Ambuja Cements Limited holds 72.66% stake in Orient Cement Limited. With effect from March 12, 2026, Sanghi Industries Limited has been merged into Ambuja Cements Limited as per NCLT order dated February 9, 2026. On April 10, 2026, Ambuja issued 1,29,93,708 equity shares to the eligible shareholders of Sanghi. Accordingly, Promoters Shareholdings in Ambuja stands revised to 67.29% (67.33% on voting rights basis) w.e.f. April 10, 2026.
- Data center, JV with EdgeConnex.
- Includes the manufacturing of Defence and Aerospace Equipment.
AEL: Adani Enterprises Limited | APSEZ: Adani Ports and Special Economic Zone Limited | AESL: Adani Energy Solutions Limited | T&D: Transmission & Distribution | APL: Adani Power Limited | AGEL: Adani Green Energy Limited | AAHL: Adani Airport Holdings Limited | ARTL: Adani Roads Transport Limited | ANIL: Adani New Industries Limited | IPP: Independent Power Producer | NDTV: New Delhi Television Limited | PVC: Polyvinyl Chloride | GCC: Global Capability Centre | Promoter’s holdings are as on March 31, 2026.
Unmatched in Scale, Unrivalled in Impact
Nationwide Cover and Impact
Powering the daily life of 375 million+ people nationwide by delivering connectivity (ports, roads, airports), energy, essential infrastructure, and driving industrial growth
Global Credibility and Investor Confidence
- Four of thirteen* publicly traded companies are Investment Grade (IG)-rated
- India’s only Infrastructure Investment Grade bond issuer
- Healthy debt profile, with 40% debt carrying an average maturity of 82 months and finance cost at 23% of EBITDA
- Best-in-class growth with predictable, high and rising free cash flow; FY 2019-26 CAGR of 27.0% in fund flow from operations (FFO) and 21.2% in EBITDA
* Four of thirteen publicly traded companies are Investment Grade (IG)-rated. Listed entities also include Cemindia Projects Limited, PSP Projects Limited and Punj Lloyd Limited
Empowering India’s Critical Sectors
Dominant positions and bold investments in critical sectors of the Indian economy
Transport & Logistics
Seaports, Airports, Logistics, Rail, Roads
Materials, Metals & Mining
Cement, Mining, Copper, Aluminium, Petrochemicals, Mining Services
Energy & Utility
Power Generation & Storage, Transmission & Distribution, Green Hydrogen, Data Center, Water Management, City Gas Distribution, Solar Manufacturing, EV Charging Infrastructure
Specialty
Media & Entertainment, Defence & Aerospace
Enabling India’s Rise in the Global Intelligence Revolution
Planned investment of USD 100 billion in building hyperscale AI-ready data center ecosystem over the next decade, to position India as a creator and exporter of intelligence rather than just a consumer.
Purpose-Driven Progress: ‘Growth with Goodness’
ESG at the core of operations, aligned with global and national frameworks
Environmental
- Drive decarbonisation through USD 100 billion investment in a decarbonisation pathway aligned with India’s climate change commitments
- Champion resource circularity and stewardship by minimizing waste, reducing freshwater dependency, and embedding biodiversity conservation into operations
Social
- 13.3 million lives touched across 22 states through health, nutrition, education, sanitation, women’s livelihood, and skill development
Governance
- 100% independent Board-level ESG Committee (Corporate Responsibility Committee)
- Transparent disclosures, ethical operations, and accountability as guiding principles
Growing with the Nation and its People
Impact on People, Society and Environment
Lives touched by Adani’s core infra platform, one of the largest in the country
Total spent in CSR and environmental efforts by Adani Foundation
Investment planned in the energy transition space over the next decade
Total renewable energy operational portfolio
Impact on the Nation and Economy
Total global tax and other contributions
Gross asset base supporting critical infrastructure and best-in-class performance across its life cycle
Total investment in capex projects for the year FY 2025-26
Impact on the Investors
Total market capitalisation
Return on assets
Shareholders (~6x growth from FY 2018-19 – FY 2025-26)
1 In FY 2025-26
2 As of March 31, 2026
3 Excludes 1.1 million shareholders of AWL Agri Business Limited, which was divested by Adani Enterprises Limited in November 2025, and includes 95,517 shareholders of Orient Cement