ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. - 532921 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Earnings Call Transcript09-05-2024
09-05-2024
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. - 532921 - Adani Ports and Special Economic Zone Ltd reply to clarification sought by the exchange
With reference to news appeared on https:// www.moneycontrol.com dated May 04, 2024 (Link: https://www.moneycontrol.com/news/business/companies/adani-ports-special-economic-zone-eyes-bataan-for-expansion-into-philippines-12714384.html) titled "Adani Ports Special Economic Zone eyes Bataan for expansion into Philippines".Adani Ports and Special Economic Zone Ltd response is enclosed.08-05-2024
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. - 532921 - Clarification sought from Adani Ports and Special Economic Zone Ltd
The Exchange has sought clarification from Adani Ports and Special Economic Zone Ltd, with reference to news appeared on https:// www.moneycontrol.com dated May 04, 2024 (Link: https://www.moneycontrol.com/news/business/companies/adani-ports-special-economic-zone-eyes-bataan-for-expansion-into-philippines-12714384.html) titled "Adani Ports Special Economic Zone eyes Bataan for expansion into Philippines".The reply is awaited.06-05-2024
APSEZ expands footprint to Philippines, looking to develop port in Bataan
APSEZ is looking at Bataan for its port development plan, Karan Adani, MD of APSEZ, said, adding it could be a good opportunity for the company. The company plans to develop a 25-meter-deep port that can accommodate Panamax vessels.03-05-2024
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. - 532921 - Change In Senior Management Personnel Of The Company.
Change in Senior Management Personnel of the Company.02-05-2024
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. - 532921 - Audio Recording Of Analysts/Investors Call Pertaining To The Audited Financial Results Of The Company For The Quarter And Year Ended 31St March, 2024.
Audio Recording of Analysts/Investors Call pertaining to the Audited Financial Results of the Company for the quarter and year ended 31st March, 2024.02-05-2024
FY24 Annual Result Announced for Adani Ports & Special Economic Zone Ltd.
Marine Port & Services company Adani Ports & Special Economic Zone announced FY24 results: Financial Highlights: Revenue growth of 28% YoY to Rs 26,711 crore in FY24, supported by 30% jump in ports business revenue and 19% in logistics business. EBITDA (excl. forex) jumps 24% YoY to Rs 15,864 crore, with Rs 15,246 crore contributed by ports business and Rs 540 crore by logistics business. Domestic port EBITDA margin expanded by ~150 bps with better sweating of assets (capacity utilization of 67% in FY24 vs 56% in FY23). Record PAT of Rs 8,104 crore (+50% YoY), despite a write off of Rs 455 crore resulting from the switch to the new tax regime for one of its subsidiaries. Completed loan pre-payments/repayments of Rs 5,584 crore, exceeding the initial guidance of Rs 5,000 crore provided at the start of the year. Net debt to EBITDA improves to 2.3x from 3.1x in FY23, despite a capex of Rs 7,416 crore. For FY24, the APSEZ Board has recommended a dividend of Rs 6 per share, in line with our capital allocation policy. This implies a payout of around Rs 1,300 crore for the company. Ashwani Gupta, Whole-Time Director & CEO, APSEZ, “FY24 has been a year of many new milestones for APSEZ on both operational and financial metrics. APSEZ outperformed its upper end of guidance provided at the beginning of the financial year on cargo, revenue, and EBITDA by 6%-8%, while closing the year with net debt to EBITDA ratio of 2.3x vs its guidance of 2.5x. Clearly, the company’s business model of end-to-end service, strategic partnership with key customers, leveraging the network effect through its string of ports, and focus on operational efficiencies is yielding results" Result PDF02-05-2024
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. - 532921 - The Purpose Of Determining Entitlement Of The Members Of The Company To Receive Dividend Of Rs. 6/- (Rupees Six Only) Per Equity Share Having Face Value Of Rs. 2/- Each Fully Paid-Up For The Financial Year 2023-24.
Fixation of Record date for entitlement of the members to receive dividend.02-05-2024
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. - 532921 - Corporate Action-Board approves Dividend
Outcome of Board Meeting held on 2nd May, 2024.02-05-2024
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. - 532921 - Board Meeting Outcome for Outcome Of Board Meeting Held On 2Nd May, 2024 And Submission Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended 31St March, 2024.
Outcome of Board Meeting held on 2nd May, 2024.02-05-2024