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S&P revises outlook on Adani Ports to stable from negative

15 Jun 2017 Evaluate

Global ratings agency Standard and Poor’s (S&P) has revised up the outlook on Adani Ports and Special Economic Zone to ‘stable’ from ‘negative’ on expectation of better operating performance and limiting related-party lending. The stable outlook reflects that Adani Ports will maintain consistent operating performance and leverage, and limit related-party transactions over the next 12-24 months.

The agency, however, affirmed its rating on the company at ‘BBB-’ as it expects the company, which runs the largest private sector operator port in Mundra in Gujarat, will sustain its improved operating performance supported by healthy revenue growth and strong pre-tax margins at 63-65 per cent levels.

Adani Ports is part of Adani Group with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission and gas distribution. It represents a large network of ports with India’s largest Special Economic Zone (SEZ) at Mundra.

Adani Ports &Special Share Price

1514.60 49.65 (3.39%)
15-Apr-2026 16:59 View Price Chart
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