Adani Ports & Special Economic Zone (NSE:ADANIPORTS) EBIT: ₹186,813 Mil (TTM As of Mar. 2026)

What is Adani Ports & Special Economic Zone EBIT?

Adani Ports & Special Economic Zone NSE:ADANIPORTS +1.92% 92 EBIT is ₹186,813 Mil as of Mar. 2026. GuruFocus rates NSE:ADANIPORTS with a GF Score™ of 92/100 and a GF Value™ of ₹1,697.77 (Fairly Valued). The stock has 5 warning signs investors should review.

Adani Ports & Special Economic Zone's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹50,765 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹186,813 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adani Ports & Special Economic Zone's annualized ROC % for the quarter that ended in Mar. 2026 was 9.24%. Adani Ports & Special Economic Zone's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adani Ports & Special Economic Zone's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.93%.

Adani Ports & Special Economic Zone (NSE:ADANIPORTS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Adani Ports & Special Economic Zone's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	176205.6 * ( 1 - 10.59% )	/	( (0	+	1704622.3)	/ 1 )
=	157545.42696	/	1704622.3
=	9.24 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1853147.6	-	86380.5	-	( 73097.6	-	max(0, 157603.5	-	219748.3	+	73097.6	))
=	1704622.3

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Adani Ports & Special Economic Zone's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	203058.8	/	( ( (0 + max(0, 0))	+	(1180696.8 + max(22099.7, 0)) )	/	1 )
=	203058.8	/	( ( 0	+	1202796.5 )	/	1 )
=	203058.8	/	1202796.5
=	16.88 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(63825.4	+	6850	+	57145.1)	-	(86380.5	+	0	+	19340.3)
=	22099.7

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Adani Ports & Special Economic Zone's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	186812.6	/	4758452.559
	=	3.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Adani Ports & Special Economic Zone EBIT Related Terms

Adani Ports & Special Economic Zone EBIT Historical Data

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The historical data trend for Adani Ports & Special Economic Zone's EBIT can be seen below:

Adani Ports & Special Economic Zone EBIT Chart

Adani Ports & Special Economic Zone Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

EBIT

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82,470.40

80,439.50

128,052.40

157,163.00

185,999.30

Adani Ports & Special Economic Zone Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															42,072.90	46,302.80	45,281.80	44,463.30	50,764.70

Adani Ports & Special Economic Zone EBIT Competitor Comparison

For the Marine Shipping subindustry, Adani Ports & Special Economic Zone's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Adani Ports & Special Economic Zone EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Adani Ports & Special Economic Zone's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Adani Ports & Special Economic Zone's EV-to-EBIT falls into.

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Adani Ports & Special Economic Zone Ltd NSE:ADANIPORTS

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Adani Ports & Special Economic Zone EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹186,813 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ₹186,813 Mil mean?

Adani Ports & Special Economic Zone (NSE:ADANIPORTS) has a EBIT of ₹186,813 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Adani Ports & Special Economic Zone.

Is Adani Ports & Special Economic Zone's EBIT too high?

Adani Ports & Special Economic Zone's current EBIT is ₹186,813 Mil. Overall, Adani Ports & Special Economic Zone has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Adani Ports & Special Economic Zone's EBIT compare to competitors?

Adani Ports & Special Economic Zone's EBIT of ₹186,813 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Transportation company?

A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Adani Ports & Special Economic Zone. Adani Ports & Special Economic Zone's current EBIT is ₹186,813 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Adani Ports & Special Economic Zone stock overvalued right now?

Based on GuruFocus' analysis, Adani Ports & Special Economic Zone (NSE:ADANIPORTS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,697.77, compared to a current price of ₹1,810.20 — trading 6.6% above its estimated fair value. The current EBIT is ₹186,813 Mil. Adani Ports & Special Economic Zone's overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Adani Ports & Special Economic Zone (NSE:ADANIPORTS), the current EBIT is ₹186,813 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Adani Ports & Special Economic Zone (NSE:ADANIPORTS) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Ports & Special Economic Zone stock appears to be overvalued. The current stock price of ₹1,810.20 is trading 6.6% above its estimated GF Value™ of ₹1,697.77. GuruFocus considers Adani Ports & Special Economic Zone to be Fairly Valued.

Key valuation signals for NSE:ADANIPORTS:

EBIT: ₹186,813 Mil
GF Value™: ₹1,697.77 vs. price of ₹1,810.20 (6.6% above fair value)
GF Score™: 92/100 with 5 warning signs

No single metric tells the full story. See the NSE:ADANIPORTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Adani Ports & Special Economic Zone Business Description

Industry Industrials Transportation

Comparable Companies BOM:543994 NSE:GESHIP BOM:523598 NSE:SHREEJISPG BOM:533248 BOM:543273 BOM:526807 NSE:ABSMARINE BOM:533704 BOM:520151 OCSE:MAERSK B HKSE:01919 PHS:ICT XTER:HLAG SHSE:600018 TSE:9101 TPE:2603 ADX:ADNOCLS XKRX:011200 TSE:9104

Other Exchanges 532921:India

Address S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Near Vaishno Devi Circle, Ahmedabad, GJ, IND, 382421

Website https://www.adaniports.com

Adani Ports & Special Economic Zone Ltd is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra. The Company is mainly engaged in one business segment, namely developing, operating and maintaining the ports services, ports related Infrastructure development activities and development of infrastructure at contiguous Special Economic Zone at Mundra. The company has presence in India and Outside India. The company generates majority of revenue from India.

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,810.20

Price

₹1,697.77

GF Value

View NSE:ADANIPORTS Analysis

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