Q1FY23 Preview: Adani Ports -; Special Economic Zone: Revenue seen at Rs43,494 million, PAT at Rs15,549 million

6 Aug 2022 , 07:27 AM

Result date: 8^th August, 2022
 
Adani Ports and Special Economic Zone (APSEZ) booked consolidated port volumes of 91 MMT (including Gangavaram) in the June 2022 quarter. Strong recovery in coal volumes is a prominent enabler for ports, followed by crude and containers. Volumes are likely to improve across all ports of APSEZ, reflecting in sequential revenue growth of 13.3%.

EBITDA margin is likely to improve amid higher operational efficiencies.

Profit After Tax (PAT) could grow 24.5% on a sequential basis.

Important management insights to watch out for:

• Recovery in global trade
• Volume ramp at recently acquired ports

Rs. Million	June 2022 estimates	YoY change	QoQ change
Revenue	43,494	(5.9)%	13.3%
EBITDA	27,121	1.4%	13.5%
Profit After Tax	15,549	5.2%	24.5%

Source: Brokerage reports