COMPANY REPORT SIP 2021-22

Adani Group
https://www.adani.com/

COMPANY OVERVIEW

Adani Group is a diversified organisation in India with market cap of over $121.58 billion (as on October
06, 2021) comprising 6 publicly traded companies. It has created a world class transport and utility
infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in
the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in
its transport logistics and energy utility portfolio businesses focusing on large scale infrastructure
development in India with O & M practices benchmarked to global standards. With four IG rated
businesses, it is the only Infrastructure Investment Grade issuer in India.
Adani owes its success and leadership position to its core philosophy of ‘Nation Building’ driven by
‘Growth with Goodness’ - a guiding principle for sustainable growth. Adani is committed to increase its
ESG footprint by realigning its businesses with emphasis on climate protection and increasing community
outreach through its CSR programme based on the principles of sustainability, diversity and shared
values.

Facts/Stats

Founded: 1988
Number of employees: 17000+
Subsidiaries: Adani Power, Adani Transmission Limited, Adani Green Energy, Adani Wilmar Limited,
Adani Ports and SEZ, Adani Agri Fresh Limited

KEY STAKEHOLDERS

Founder and CEO: Gautam Adani

Managing Director: Rajesh Adani
Chairperson, Adani Foundation: Dr. Preeti Adani
Group HR and Whole Time Director - APSEZ: Malay Mahadevia
PURPOSE AND VALUES

Tagline - “Thinking big. Doing better”

Vision - To be a world class leader in businesses that enrich lives and contribute to nations in building
infrastructure through sustainable value creation.
Mission - “To play the role of a facilitator for the benefit of the people without distinction of caste or
community, sector, religion, class or creed, in the fields of education, community health, and promotion
of social and economic welfare and upliftment of the people in general.”
NOTE: Nation Building is an oft used phrase in all the company’s goals, vision, and descriptions of
themselves.
Values – Courage, Trust, Commitment, Passion, Results, Integration, Dedication, Entrepreneurship

BUSINESSES

A. Transport and Logistics:

1. Ports and Terminals: it is the largest commercial port operator of India, with all their ports
connected via road, railway and pipeline, providing multi-modal logistics solutions. They also
have the largest commerical port of India at Mundra. (10 domestic ports in six maritime states
– Gujarat, Goa, Kerala, Andhra Pradesh, Tamil Nadu)
2. Logistics: PAN India end-to-end logistics services provider – asset and service based – across
Container, Bulk, Break-bulk, Chemical, Auto and Liquid industries. Also operate Multi Modal
Logistics Parks (MMLP) located at Patli, Kishangarh, Kilaraipur, kanech and Malur.
3. Agri Logistics: Adani Agri Logistics company commissioned India’s first modern grain storage
infrastructure for Food Corporation of India in 2007.
4. Industrial Land: Spanning across an area of 15,000 hectares and located on India’s vibrant
west coast in the industrialized and investor-friendly state of Gujarat, is the Mundra Economic
Hub, the gateway for Indian exports and imports. It is India’s largest port based multi-product
manufacturing zone.

B. Incubation:
1. Solar Manufacturing: Adani Solar’s state-of-the-art manufacturing facility of 1.5 GW capacity
is located in Mundra Special Economic Zone (SEZ). It is currently the India’s first and largest
vertically integrated producer of solar cells and modules in India.
2. Defence and Aerospace: Adani Defence and Aerospace leads the Adani Group's foray into
defence and aerospace manufacturing to play an instrumental role in helping transform India
into a destination for world class defence and aerospace manufacturing, aligned to the Make
in India initiative.
3. Airports: Adani Airports won the mandate to modernize and operate six airports – Ahmedabad,
Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram – through the Airports
Authority of India’s globally competitive tendering process.
4. Water: Adani Group proposes to build new Sewage Treatment Plants (STPs) and rehabilitate
existing STPs. Along with that, they also focus on opportunities in areas of Irrigation
Infrastructure Development, Large Water Supply & Water Distribution Projects and
Desalination Projects to produce potable water for general consumption or industrial use.
 5. Road, Metro and Rail: Adani Group has a successful track record of nurturing businesses in
the Infrastructure Sector. The group has developed several railway lines in India and abroad.
Adani owns the longest private railway lines spanning about 300 km in India.
6. Data center: Adani Enterprises Ltd (AEL) is the only company with inherent capabilities to
build Data centres across the country.
7. Natural Resources: In the past few years, we have transformed from a coal trading and
importing company to a comprehensive integrated coal management company. We have a
diversified trading portfolio and are involved in Coal and Coke trading.

C. Power and Utilities:

1. Renewable Power Generation: Adani Green Energy Limited is one of the largest renewable
energy companies in India, with a pioneering effort to help India’s transition to renewable
power generation. They develop, build, own, operate and maintain utility scale grid connected
solar and wind projects.
2. Power Transmission: They currently operate more than 8500 circuit kms of transmission lines
and around 14000 MVA of power transformation capacity. They have invested in the latest
technologies resulting in the highest network availability of over 99.80% in the country, which
corresponds to the best global standards.
3. Power Distribution: Adani Electricity Mumbai Ltd (AEML), a 100% subsidiary of Adani
Transmission Ltd. is into Power Generation, Transmission and Retail Electricity Distribution.
It serves over three million consumers spread across 400 sq. kms in Mumbai and its suburbs
with 99.99% reliability, one among the highest in the country.
4. Gas Distribution: With over 1200 industrial units, over 3,00,000 households, over 2,400
commercial units and more than 80 CNG stations, Adani Gas Ltd. is the largest Private Sector
CGD player in India with significant growth opportunities.
5. Thermal Power Generation: Adani's thermal power portfolio comprises 12,410 MW. This
includes a power plant each in Mundra (Gujarat), Tiroda (Maharasthra), Kawai (Rajasthan),
Udupi (Karnataka) and, Korba and Raikheda (Chhattisgarh). This makes the company India’s
largest private sector power player.

D. Other Businesses:
1. Edible Oils and Food: Through a joint venture with Wilmar International Ltd (Singapore) and
Adani Enterprises Ltd- Adani Wilmar Limited is one of the largest food companies in India
contributing towards a healthier nation. The company’s portfolio entails its flagship ‘Fortune’
cooking oil brand which offers the largest variety of oils ranging from soya, rice bran,
groundnut and cottonseed.
2. Fruits: Adani established its presence in the horticulture sector through world-class packaging
operations and storage facilities.It pioneered the controlled atmosphere storage technology
for apples, transforming the apple growing and storage ecosystem of Himachal Pradesh, while
creating a popular ‘Farm-Pik’ brand.
3. Real Estate: Adani Realty has commenced development in the most promising cities;
integrating the finest design aesthetics with cutting edge construction technology to deliver
excellence
4. Financial Services: The non-banking financial company (NBFC) arm of Adani Group, Adani
Capital, aims to become the foremost financial services firm with a focus on ‘Entrepreneurship’
to give every dream an opportunity by freeing it from the clutches of judgements and prejudice.
 5. Housing Finance: The housing finance arm of Adani group, Adani Housing Finance Pvt.
Ltd is, incorporated in 2017 with an aim to hold a pioneering role in furthering the national
objective of ‘Housing for All’ coupled with its objective of Nation Building by providing
customised financing solutions to customers in the affordable housing segment and
simplifying the lendingprocess for all.

COMPETITORS

SUSTAINABILITY

A. Environment

Mundra, once a coastal hamlet in the state of Gujarat in India is where the Adani Group’s journey of
growth with goodness started Footprints of this change are widely visible as the sleepy town has become
a bustling industrial hub housing India’s largest port, power plants, solar manufacturing facility, edible oil
refinery and a plethora of ancillary industries.

While the transformation is remarkable in itself what makes, Mundra, a rare case study where
infrastructural transformation coexists with the region’s rich biodiversity. From multi-fold augmentation in
mangrove cover to turning a highly saline and arid land green through tech-led horticulture techniques,
the Adani Group’s vision of building sustainable value creations are not just propelling India’s economic
development but catering to the nation’s climate goals.

B. Water Management

120 million liters wastewater treated in FY2019-20

2.2 billion+ liters rainwater harvested 100% water reused at mining washery
4900+ acres farmland converted to drip-irrigation

C. Waste management

Zero Waste is the company’s ultimate group-wide goal. They ensure that food and organic waste across
business sites is converted into compost which is then used as a natural fertilizer in gardening and
farming. Their ports have cut down hazardous wastes to zilch. Across coal-based power plants, systems
and infrastructure are in place so that the fly ash generated is reused by cement manufacturing units and
available free of cost for construction of roads, buildings and other infrastructure in the local areas.
RECENT NEWS

1. Adani group raises $9 billion from offshore bond market

2. Adani Transmission hits ₹2 tn in market capitalization
3. India counters China in Sri Lanka with $700 million port deal
4. Adani says total green investments to top $50 billion by 2030
5. Adani Group becomes 3rd Indian conglomerate to cross $100 billion in m-cap