Now Reading: Adani Enterprises plans Rs 35,000 to 40,000 crore annual capex for two years
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Adani Enterprises plans Rs 35,000 to 40,000 crore annual capex for two years
Adani Enterprises plans Rs 35,000 to 40,000 crore annual capex for two years
The Story in Brief
Adani Enterprises Ltd plans to spend between Rs 35,000 crore and Rs 40,000 crore annually over the next couple of years, with airports, data centres and its proposed PVC complex as the biggest investment drivers. Manan Vakharia, head of finance, said during the company's earnings call that the capex run rate would be around Rs 40,000 crore.
The company reported its highest-ever half-year EBITDA of Rs 11,958 crore for the six months ended September 2026, up 56 per cent from a year earlier. Consolidated income rose 62 per cent to Rs 71,569 crore, while profit before tax from continuing operations increased 45 per cent to Rs 3,297 crore.
CEO Arun Bansal said the company was moving from a build-out phase to a value realisation phase. AdaniConneX, its data-centre joint venture, expanded contracted capacity to more than 1.2 GW. The company expects operational data-centre capacity to reach 120-150 MW by the end of the current financial year and approach 500 MW over the following 12 to 18 months.
Indian Opinion Analysis
All five sources carry essentially identical wire copy, reporting Adani Enterprises' capex plan and financial results with no discernible editorial slant. Each outlet leads with the same headline fact, attributes the capex range to Manan Vakharia, and includes the same figures on EBITDA, income and profit. The only variation is Times Now adding byline credit, the Hindu appending a PTI slug. Coverage is uniform straight reporting throughout. The real question is whether the group can execute on this scale: the company itself did not provide a specific EBITDA forecast for FY27, leaving the balance between expansion and returns unquantified.
Coverage: 2 sources, 2 neutral
Sources (2): Syndicated copy (carried by economictimes.indiatimes.com, thehindubusinessline.com, business-standard.com, thehindu.com), timesnownews.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Methodology and corrections.
