Dividend Alert: Adani Ports To Announce Q4 Results, Final Dividend on THIS Date; Should You Buy?

Dividend Alert: Adani Ports and Special Economic Zone Limited (APSEZL) will announce its fourth quarter result for the financial year 2024-25 after its Board of Directors meeting scheduled for next week. The Adani group's subsidiary will also announce the final dividend for its shareholders.

Adani Ports Q4 Result: When Wil Adani Group Subsidiary Announce Q4 Earning?

The company will announce its Q4FY25 result on May 1, Thursday, after the conclusion of its board of directors meeting. The board is also likely to consider and approve final dividend for FY25.

"We would like to inform you that the meeting of the Board of Directors of the Company will be held on Thursday, May 1, 2025 inter alia to consider and approve the Audited Financial Results for the quarter and year ended March 31, 2025 and to consider and recommend dividend, if any, on the equity shares of the Company for the Financial Year 2024-25," the company said in a BSE filing on Saturday, April 26.

Adani Ports Share Price Trend

Adani Ports shares closed 3.61% lower at Rs 1192.15 per share on BSE on Friday, with a market capitalisation of Rs 2,57,520.9 crore. The company's scrip value has declined by over 5.38% in the last week, whereas its value has dipped by over 2.21% year to date (YTD).

Adani Ports Dividend History

The company generally announces a dividend once a year for its shareholders. The Adani group's port arm declared a final dividend of Rs 6 per share for its eligible shareholders on 2 May 2024. In 2023, the company declared a final dividend of Rs 5 per share on 30 May.

Adani Ports' net revenue increased to Rs 2,182.08 crore in the December quarter from Rs 1,802.57 crore in the September quarter. Despite the increase in its revenue, the Adani Ports' net profit in Q3FY25 declined to Rs 408.89 crore from Rs 572.14 crore reported in the September quarter. Its earnings per share (EPS) declined to 1.89 in the December quarter from 2.65 in September quarter.

Adani Ports Stock Recommendations

Adani Ports on April 17 announced the acquisition of North Queensland Export Terminal (NQXT) port in Australia with a capacity of 50 MTPA. According to Adani Ports, NQXT EBITDA is likely to grow to $ 400 million within 4 years and its lease has a long remaining life of 85 years until 2010.

Considering the growth prospects of Adani Ports & SEZ's international cargo trade due to acquisition deal, Motilal Oswal indicated a 24% upside in its stock value.

The brokerage reiterated its 'buy' rating for Adani Port stock with a target price of Rs 1560. "We have retained our estimates for now and would update our growth forecasts once the acquisition is completed. We expect APSEZ to report 10% growth in cargo volumes over FY24-27. This would drive a CAGR of 14%/16%/21% in revenue/EBITDA/PAT over FY24-27. We reiterate our BUY rating with a TP of INR1,560 (premised on 15x FY27 EV/EBITDA)," noted Motilal Oswal in its stock brokerage report.

Kotak Institutional Equities has also maintained a buy rating for Adani Port stock with an upside of 26%.

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