Adani Ports Delivers Strong Q3, Raises FY26 Guidance

Adani Ports and Special Economic Zone Ltd (APSEZ) reported a robust performance for Q3 FY26, with consolidated revenue rising 22% YoY to ₹9,705 crore and EBITDA growing 20% YoY to ₹5,786 crore. Net profit increased 21% YoY to ₹3,043 crore, reflecting strong operational momentum across segments. Cargo volumes grew 9% YoY to 123 MMT, while India container market share improved to 45.8%. Logistics emerged as a key growth driver with revenue surging 62% YoY, supported by asset-light trucking and international freight services. The marine segment also delivered impressive growth, with revenue jumping 91% YoY on fleet expansion. International operations crossed a milestone as quarterly revenue exceeded ₹1,000 crore, driven by Colombo terminal ramp-up. APSEZ also completed the acquisition of NQXT Australia, strengthening its global footprint. Given the strong traction, the company raised its FY26 EBITDA guidance by ₹800 crore to ₹22,800 crore, while maintaining a healthy balance sheet with net debt/EBITDA at 1.9x. Credit rating upgrades from Moody’s and Japan Credit Rating Agency further underline financial stability. With continued capacity expansion and integrated logistics strategy, APSEZ remains well positioned to achieve its long-term goal of 1 billion tonnes cargo throughput by 2030. Disclaimer: This article is for informational purposes only and should not be considered investment advice. Follow me for regular market updates and financial insights.