Adani Enterprises Limited

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30th April 2026 BSE Limited P J Towers, Dalal Street, Mumbai – 400001. National Stock Exchange of India Limited Exchange plaza, Bandra-

Rs. 16,464

re - A Media Release Adani Enterprises Ltd announces Q4 and FY26 results Consolidated EBITDA at Rs. 16,464 cr 80% of EBITDA now generated from Core Infra-Utility portfolio Consolidated financial highligh

80%

lease Adani Enterprises Ltd announces Q4 and FY26 results Consolidated EBITDA at Rs. 16,464 cr 80% of EBITDA now generated from Core Infra-Utility portfolio Consolidated financial highlights FY26

3%

y portfolio Consolidated financial highlights FY26 (YoY) Synopsis • Total Income increased by 3% to Rs. 1,02,943 cr • EBITDA maintained at Rs. 16,464 cr • PBT at Rs. 4,309 cr excluding exceptional

Rs. 1,02,943

folio Consolidated financial highlights FY26 (YoY) Synopsis • Total Income increased by 3% to Rs. 1,02,943 cr • EBITDA maintained at Rs. 16,464 cr • PBT at Rs. 4,309 cr excluding exceptional gain of Rs. 9,21

Rs. 4,309

s • Total Income increased by 3% to Rs. 1,02,943 cr • EBITDA maintained at Rs. 16,464 cr • PBT at Rs. 4,309 cr excluding exceptional gain of Rs. 9,215 cr on sale of AWL stake and of cement units to Ambuja Ce

Rs. 9,215

,02,943 cr • EBITDA maintained at Rs. 16,464 cr • PBT at Rs. 4,309 cr excluding exceptional gain of Rs. 9,215 cr on sale of AWL stake and of cement units to Ambuja Cements Ltd • Core infra incubating business

4.8 MW

company in Top 15 global wind turbine manufacturers • AdaniConnex handed over phase-II capacity of 4.8 MW data center at Hyderabad to customer, taking operational capacity to 55+ MW HAM: Hybrid Annuity M

2 %

43 16,464 9,215 13,525 9,339 27,602 4,346 3,946 5,259 3,845 33,187 4,479 - 729 (221)2 % change Y-o-Y 20% 3% - (86%) - % change Y-o-Y 3% (2%) - 29% 31% Incubating Businesse

20%

,525 9,339 27,602 4,346 3,946 5,259 3,845 33,187 4,479 - 729 (221)2 % change Y-o-Y 20% 3% - (86%) - % change Y-o-Y 3% (2%) - 29% 31% Incubating Businesses Financial Highlig

86%

27,602 4,346 3,946 5,259 3,845 33,187 4,479 - 729 (221)2 % change Y-o-Y 20% 3% - (86%) - % change Y-o-Y 3% (2%) - 29% 31% Incubating Businesses Financial Highlights Particu

2%

845 33,187 4,479 - 729 (221)2 % change Y-o-Y 20% 3% - (86%) - % change Y-o-Y 3% (2%) - 29% 31% Incubating Businesses Financial Highlights Particulars ANIL Ecosystem Total In

“in Crore) Q4 FY25 Q4 FY26 FY25 FY26 Total Income EBITDA Exceptional Gain Profit Before Tax Profit After Tax1 Note: 1.”

“Highway, Khodiyar, Ahmedabad 382 421, Phone : 079-26565555 ; Fax : 079-26565500 ; Email : info@adani.com ; Website : www.adanienterprises.com Annexure - B Adani Enterprises Limited Earnings Presentation Q4 FY26 Adani Enterprises Limited : How does AEL make its EBITDA ?”

“68% 12% ₹ crore 20% AEL FY26 EBITDA Core Infra Platform Contracted Services Mining, Metal & Others Transport & Logistics • Airports • Roads Energy & Utility • ANIL New Energy Ecosystem • Data Centers Primary Industry • Mining Services [Long term, contracted, predictable business segment] Primary Industry • Commercial Mining • Copper • PVC • Specialty Segments Core infra earnings with 80% share in EBITDA Proven incubation engine transforms into Infra-Utility Platform...”

“Home outline Hamburger Menu Icon with solid fill 8 Adani Portfolio: Best-in class growth with national footprint Predictable, high and rising free cash flow National footprint with deep coverage All figures in INR cr Tax paid Finance cost paid CAT (FFO) EBITDA 24,870 12,784 (51%) 10,418 (42%) 1,668 FY19 FY20 FY21 FY22 FY23 FY24 FY25 EBITDA 92,943 65,016 (70%) 22,819 (25%) 5,109 Sept'25 TTM AEL APSEZ AGEL ATGL AESL APL Ambuja Cement Adani’s Core Infra.”

“Origination Site Development Construction • Analysis & market • Site acquisition • Engineering & design intelligence • Viability analysis • Concessions & regulatory agreements • Sourcing & quality • Project Management Consultancy (PMC) OPERATIONS Operations (AIMSL) 2 Operation • Life cycle O&M planning CONSUMERS New C.E.O.”

“(additional company is being proposed) | O&M: Operations & Maintenance l HVDC: High voltage direct current l PSU: Public Sector Undertaking (Public Banks in India) l GMTN: Global Medium-Term Notes l SLB: Sustainability Linked Bonds l AEML: Adani Electricity Mumbai Ltd.”

“+ O&M) Prayagraj Water Pvt Ltd (PWPL) / Uttar Pradesh Bhagalpur Waste Water Ltd (BWWL) / Bihar HAM Morsagar Bisalpur Water Ltd (MBWL) / Rajasthan Brahmani Barrage Water Ltd (BBWL) / Rajasthan 326 MLD 45 MLD 200 MCM 55 MCM • Project Status > COD Achieved 2 + 15 • Project Status > ~96%; Applied for Pre-COD with available 11 MLD flow.”

“2 + 15 • Project Status > Pre-engineering works are in process.”

“• Project Status > Pre-engineering works are in process.”

“Shakkar Pench Micro Lift Irrigation Project / MP 95000 Ha • Project Status > Dam & Pipelaying execution agencies finalized.”

Registered Office

3

For more information please contact

1

For Further info please contact

1

Registered Office

“Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Khodiyar, Ahmedabad 382 421, Phone : 079-26565555 ; Fax : 079-26565500 ; Email : info@adani.com ; Website : www.adanienterprises.com Consolidated Financial Highlights Particulars (Rs. in Crore) Q4 FY25 Q4 FY26 FY25 FY26 Total Income EBITDA Exceptional Gain Profit Before Tax Profit After Tax1 Note: 1. PAT attributable to owners | 2. Q4 FY26 results were affected by depreciation on recently commissioned assets of Navi Mumbai and Copper plant 1,00,365 16,722 3,946 10,479 7,112 1,02,943 16,464 9,215 13,525 9,339 27,602 4,346 3,946 5,259 3,845 33,187 4,479 - 729 (221)2 % change Y-o-Y 20% 3% - (86%) - % change Y-o-Y 3% (2%) - 29% 31% Incubating Businesses Financial Highlights Particulars ANIL Ecosystem Total Income EBITDA PBT Airports Total Income EBITDA PBT Q4 FY25 Q4 FY26 % change Y-o-Y FY25 FY26 % change Y-o-Y 3,661 1,110 925 2,831 953 (5) 5,168 1,173 924 3,429 1,670 448 41% 6% - 21% 75% - 14,236 4,776 3,958 10,2

Registered Office

“Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Khodiyar, Ahmedabad 382 421, Phone : 079-26565555 ; Fax : 079-26565500 ; Email : info@adani.com ; Website : www.adanienterprises.com AdaniConnex Pvt Ltd (ACX - Data Center) • Received new hyperscale order for 358 MW in Hyderabad, taking cumulative tied-up capacity to 560+ MW • Hyderabad data center phase II 4.8 MW capacity is now operational, and total operational capacity is 55+ MW from four data centers Adani Airports Holdings Ltd (AAHL - Airports) • Aero and non‑aero revenue delivered robust YoY growth of 26% and 31% respectively in FY26 • During the quarter 3 new routes and 20 new flights added Adani Road Transport Ltd (ARTL - Roads) • Added three new road projects, taking total projects tally to 20 projects ✓ Chennai Outer Ring Road, TOT project in the state of Tamil Nadu ✓ Palanpur-Radhanpur-Samkhayili NH-27, operational TOT project in the state of Gujarat ✓ Ganga Path extension Digha-Koilwar, HAM projec

For more information please contact

Roy Paul Adani Group, Corporate Communication Tel: +91-9825985338 Manan Vakharia Adani Enterprises Ltd Investor Relations Tel: +91-79-25556140 roy.paul@adani.com mananj.vakharia@adani.com Adani Enterprises Ltd (CIN No : L51100GJ1993PLC019067)

Registered Office

“Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Khodiyar, Ahmedabad 382 421, Phone : 079-26565555 ; Fax : 079-26565500 ; Email : info@adani.com ; Website : www.adanienterprises.com Annexure - B Adani Enterprises Limited Earnings Presentation Q4 FY26 Adani Enterprises Limited : How does AEL make its EBITDA ? 68% 12% ₹ crore 20% AEL FY26 EBITDA Core Infra Platform Contracted Services Mining, Metal & Others Transport & Logistics • Airports • Roads Energy & Utility • ANIL New Energy Ecosystem • Data Centers Primary Industry • Mining Services [Long term, contracted, predictable business segment] Primary Industry • Commercial Mining • Copper • PVC • Specialty Segments Core infra earnings with 80% share in EBITDA Proven incubation engine transforms into Infra-Utility Platform... AGAIN ! • Stable, Long-Term, Contracted EBITDA Build-up • Within three years; ✓ Core Infra EBITDA profile increases to 2.8x in 3 years ✓ With Mining Services Business, EBITDA share has inc

For Further info please contact

MR. MANAN VAKHARIA Investor Relations mananj.vakharia@adani.com +91 79 2555 6140 Home outline Hamburger Menu Icon with solid fill 44 Thank You V20- credit metrices threshold change after Robbie sir’s comment