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About Adani Enterprises Limited

Incubating Strong Growth

India’s largest listed business incubator, Adani Enterprises Limited (AEL) is focussed on establishing diverse new businesses vital to the nation’s resilient growth.

The flagship company of the Adani Portfolio, AEL has a stellar track record of incubating assets critical to India’s growth and development, and divesting them into separate listed entities.

Empowering through Resilience

Rooted in resilience and driven by values, AEL has successfully steered the journey of the nation’s empowerment by building sizeable and scalable businesses across key sectors.

  • Adani Ports and Special Economic Zone Limited (Ports & logistics)
  • Adani Energy Solutions Limited (Power transmission)
  • Adani Power Limited and Adani Green Energy Limited (Thermal and renewable power generation respectively)
  • Adani Total Gas Limited (City gas distribution)
  • AWL Agri Business Limited (formerly Adani Wilmar) (Food FMCG)

These demerged companies have emerged as leading players in their respective sectors, delivering significant value to shareholders and contributing to India's growth journey.

Vision

To be a world-class leader in businesses that enrich lives and contribute to nations in building

Our Incubation Strategy

AEL’s incubation model is crafted to propel the self-sustainability of the new businesses by providing them with all the necessary support from the stage of incubation till they become self-sufficient.

Publicly traded companies incubated by AEL

Our strategic focus remains on investing in businesses that are vital for India’s growth and designed to steer its global leadership. We are now focussed on new infrastructure and utility segments for the next set of our investments.

  • Adani New Industries (ANIL) - Green hydrogen ecosystem
  • AdaniConneX (ACX) - Data centers
  • Adani Airports (AAHL) - Airport management
  • Adani Roads Transport (ARTL) - Roads

All these businesses have significant scope for unlocking long-term growth potential and value for the stakeholders and the nation.

With their 60% contribution to the overall EBITDA, the core infra incubating businesses were the key driver of AEL’s overall performance during FY 2024-25.