Adani Ports and Special Economic Zone Limited (APSEZ) is part of the Adani Group, one of the largest conglomerates in India. The company started its operations in 1998 and has become the largest private sector port developer and operator in India. It operates Gujarat’s Mundra Port, the largest commercial port in India and overall had more than 15 per cent share in India’s cargo in FY18. Other than ports, the company also has interests in integrated logistics and Special Economic Zones (SEZs). Currently, the company operates 10 domestic ports in six Indian states. APSEZ earned revenues of Rs 11,323 crore (US$ 1.76 billion) in FY18. The company earned a consolidated total income of Rs 3,216.92 crore (US$ 0.46 billion) in Q1FY20.
Company Website: www.adaniports.com
APSEZ – Growth with Goodness
| 2019 | Acquires 70 per cent stake in Kishnapatnam port for over Rs 5,500 crore (US$ 790 million) Mundra Port was ranked first in terms of total cargo handled across all Non-Major Ports and Major Ports in India for FY19 |
| 2019 | About to acquire Adani Agri Logistics Limited- India’s largest player with 45% market share in modern agri storage infrastructure. |
| 2017 | Raised US$ 500 million in foreign currency denominated bonds |
| 2016 | Acquisition of TM Harbour Services Private Limited |
| 2014 | Acquisition of Dharma Port |
| 2012 | Company name changed to Adani Ports and Special Economic Zone Ltd |
| 2011 | Mundra Port and SEZ surpasses record 50 million tonnes of cargo |
| 2006 | Notified as a Special Economic Zone (SEZ), Merger with MSEZ and ACL |
| 2005 | Merger of Adani Port Limited |
| 2003 | Container terminal became operational |
| 2001 | All four berths at Mundra Port became operational |
| 1998 | Incorporated as Gujarat Adani Port Limited on May 26, 1998 |
Updated: May, 2019