Adani Enterprises tops Rs 3.9L cr mcap as AGM flags Rs 1.55L cr FY26 capex, $10bn EBITDA
Shares gained 2.4% intraday to Rs 3,036 during Adani Group's AGM 2026, extending a 66% three-month rally and 34% YTD run. Chairman Gautam Adani guided to record FY26 capex of Rs 1.55 lakh crore, Rs 94,834 crore EBITDA and Rs 55,852 crore cash, framing balance-sheet firepower for airports and retail arm expansion.
What happened
Adani Enterprises shares rose 2%+ during Adani Group's AGM 2026, taking mcap past Rs 3.9 lakh crore. Chairman Gautam Adani flagged record FY26 capex of Rs 1.55
Key facts
- Rs 3036 share price
- Rs 3.91 lakh crore mcap
- +2.40% intraday
- +66% in 3 months
- +34% YTD
- $10 billion EBITDA FY26
- 3.3x net debt/EBITDA
- Rs 1.55 lakh crore capex FY26
- Rs 94,834 crore EBITDA FY26
- Rs 55,852 crore cash
Why this matters
Adani's retail-arm capex surge and >Rs 3.91L cr mcap reset competitive M&A benchmarks—reassess target valuations and partnership windows in adjacent retail verticals.