An Indian multinational corporation Adani Enterprises Ltd. works in the agribusiness, infrastructure, commerce, and renewable energy industries. One of India’s fastest-growing businesses in recent years, Adani Enterprises has become a significant player in the world market for renewable energy. As a result, a lot of investors have been paying careful attention to the performance of the company’s share price and are eager to forecast its future direction. This article will assess the share price forecast for Adani Enterprises from 2024 to 2030 and look at potential influences on its rate of growth.
ADANI ENTERPRISES Q3 FY24 Results Highlight
- Adani Enterprises’ Q3 FY24 net profit surged 2x to Rs 1,888 crore compared to the previous year.
- Revenue from operations increased by 6.5 percent year-on-year to Rs 28,336.4 crore.
- EBITDA almost doubled to Rs 3,227.7 crore, with margins expanding to 11.4 percent.
- Incubating businesses, particularly in the green energy sector, contributed significantly to overall EBITDA.
- Progress made in establishing a fully integrated manufacturing chain for green hydrogen production.
- Endorsement from Cantor Fitzgerald highlights favorable risk-reward scenario for investors.
- Adani Enterprises’ pivotal role in critical sectors like energy, airports, and data centers reaffirmed by Cantor Fitzgerald.
- Overall, robust performance and strategic initiatives position Adani Enterprises for sustained growth and make it a compelling investment opportunity.
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| Month | Maximum Price (₹) | Minimum Price (₹) |
|---|---|---|
| March 2024 | ₹3,119.60 | ₹2,712.70 |
| April 2024 | ₹3,028.74 | ₹2,633.69 |
| May 2024 | ₹2,983.98 | ₹2,594.76 |
| June 2024 | ₹3,091.40 | ₹2,688.18 |
| July 2024 | ₹3,060.49 | ₹2,661.29 |
| August 2024 | ₹3,182.91 | ₹2,767.75 |
| September 2024 | ₹3,310.22 | ₹2,878.45 |
| October 2024 | ₹3,245.32 | ₹2,822.01 |
| November 2024 | ₹3,375.13 | ₹2,934.90 |
| December 2024 | ₹3,408.88 | ₹2,964.24 |
In 2024, Adani Enterprises’ shares are projected to witness fluctuations in their maximum and minimum prices on a monthly basis. March is anticipated to see the highest maximum price of around ₹3,119.60, while the lowest minimum price is expected to hover around ₹2,712.70. As the year progresses, Adani Enterprises’ shares are forecasted to experience varying price ranges, with December potentially marking the highest maximum price of approximately ₹3,408.88 and a minimum price of around ₹2,964.24.
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| Month | Maximum Price (₹) | Minimum Price (₹) |
|---|---|---|
| January 2025 | ₹3,412.29 | ₹2,624.84 |
| February 2025 | ₹3,419.13 | ₹2,630.10 |
| March 2025 | ₹3,490.93 | ₹2,685.33 |
| April 2025 | ₹3,422.48 | ₹2,632.68 |
| May 2025 | ₹3,322.80 | ₹2,556.00 |
| June 2025 | ₹3,472.32 | ₹2,671.02 |
| July 2025 | ₹3,404.24 | ₹2,618.64 |
| August 2025 | ₹3,509.52 | ₹2,699.63 |
| September 2025 | ₹3,551.64 | ₹2,732.03 |
| October 2025 | ₹3,643.98 | ₹2,803.06 |
| November 2025 | ₹3,735.08 | ₹2,873.14 |
| December 2025 | ₹3,903.16 | ₹3,002.43 |
Throughout 2025, we can expect Adani Enterprises’ stock to show some ups and downs in its maximum and minimum prices each month. For instance, in January, the highest price might reach around ₹3,412.29, while the lowest could be about ₹2,624.84. As the year unfolds, these prices are likely to fluctuate, with December potentially seeing the highest maximum price at around ₹3,903.16 and a minimum of approximately ₹3,002.43.
ADANI ENTERPRISES SHARE PRICE TARGET 2026 TO 2030
| ADANI ENTERPRISES SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹3,701.11 | ₹2,590.78 |
| 2027 | ₹3,145.95 | ₹2,202.16 |
| 2028 | ₹5,662.70 | ₹3,963.89 |
| 2029 | ₹6,632.07 | ₹4,142.45 |
| 2030 | ₹7,953.90 | ₹5,067.73 |
In the coming years, Adani Enterprises’ share prices are expected to reach significant targets. By 2026, the maximum price is projected to potentially hit ₹3,701.11, while the minimum may settle around ₹2,590.78. Looking ahead to 2027, the company’s shares could see a maximum target of ₹3,145.95 and a minimum around ₹2,202.16. Moving forward to 2028, Adani Enterprises’ shares might reach a maximum of ₹5,662.70 and a minimum of ₹3,963.89. By 2029, these targets could further rise with a maximum price of ₹6,632.07 and a minimum around ₹4,142.45. Looking even further to 2030, Adani Enterprises’ shares may aim for a maximum target of ₹7,953.90 and a minimum of ₹5,067.73.
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FINANCIAL STRENGTH OF ADANI ENTERPRISES LTD (2019 TO 2023)
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
| Sales + | 40,379 | 43,403 | 39,537 | 69,420 | 136,978 |
| Expenses + | 38,409 | 41,108 | 37,031 | 65,707 | 128,150 |
| Operating Profit | 1,969 | 2,294 | 2,506 | 3,714 | 8,828 |
| OPM % | 5% | 5% | 6% | 5% | 6% |
| Other Income + | 504 | 872 | 494 | 1,012 | 828 |
| Interest | 1,625 | 1,572 | 1,377 | 2,526 | 3,970 |
| Depreciation | 390 | 472 | 537 | 1,248 | 2,436 |
| Profit before tax | 459 | 1,122 | 1,086 | 952 | 3,250 |
| Tax % | 32% | 29% | 31% | 50% | 32% |
| Net Profit + | 506 | 1,040 | 1,046 | 788 | 2,422 |
| EPS in Rs | 6.52 | 10 | 8 | 7.06 | 21.69 |
| Dividend Payout % | 6% | 10% | 12% | 14% | 6% |
Over the past five years, the company has demonstrated impressive growth in sales, reaching 136,978 in March 2023. While operating profit margins remained stable between 5% and 6%, there was variability in other income, increasing from 504 in March 2019 to 828 in March 2023.
Expenses escalated to 128,150 in March 2023, underscoring the importance of cost management. Interest costs and depreciation also increased, emphasizing the need for effective financial strategies.
Profit before tax (PBT) experienced fluctuations, peaking at 3,714 in March 2022 but declining to 952 in March 2023. Net profit followed a similar trend, reaching 2,422 in March 2023. Earnings per share (EPS) showed upward growth, reaching 21.69 in March 2023.
The company’s dividend payout percentage varied, peaking at 14% in March 2022 and decreasing to 6% in March 2023. Tax percentages fluctuated, reaching a high of 50% in March 2022 but dropping to 32% in March 2023.
In summary, the company has exhibited significant growth, but challenges in managing expenses and maintaining consistent profitability warrant careful attention. Investors should monitor how the company navigates these challenges in the future for a comprehensive assessment of its financial health.
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FAQ’s
The maximum share price target of Adani Enterprises Ltd expected to reach ₹3,903.16.
Adani Enterprises is anticipated to reach ₹7,953.90 by the end of 2030.
As of 25th March 2024, Adani Enterprises is trading on ₹3,108.
What is the Marketcap s of Adani Enterprises Ltd?
The current Marketcap of Adani Enterprises Ltd is ₹3,54,278Cr.
The company has experienced significant growth in terms of total revenue and total expenses over the past five years, according to ADANI ENTERPRISES’ financial statements, which have led to a moderate operating profit margin and net profit margin. Yet, the company’s PAT growth has been erratic, declining this year. Also, the business’s basic EPS has declined this year.
Although ADANI ENTERPRISES has demonstrated encouraging sales growth over the years, the uneven PAT growth raises some doubts about the company’s prospects going forward. Consequently, before choosing to purchase ADANI ENTERPRISES shares, investors should thoroughly evaluate the financial statements and market conditions.
What did we learn?
- 1 ADANI ENTERPRISES Q3 FY24 Results Highlight
- 2 ADANI ENTERPRISES Share Price Target 2024
- 3 ADANI ENTERPRISES Share Price Target 2025
- 4 ADANI ENTERPRISES SHARE PRICE TARGET 2026 TO 2030
- 5 FINANCIAL STRENGTH OF ADANI ENTERPRISES LTD (2019 TO 2023)
- 6 FAQ’s
- 7 CONCLUSION: ADANI ENTERPRISES LTD Share Price Target
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