Home/Blogs/Understanding the history and the key companies in Adani Groups portfolio

Understanding the history and the key companies in Adani Groups portfolio

equity market
Published Date: 08 Feb 2024Updated Date: 09 Jan 20256 mins readBy MOFSL
Adani Groups

Introduction

The Adani group was established by Gautam Adani in 1993. It began as a commodity trading partnership firm in Gujarat and promptly debuted on the stock markets under Adani Exports in 1994. 

Most of its revenue initially stemmed from operating a local port in Mundra, Gujarat. Subsequently, they made an entry into the edible oil industry. While the group's early investments were regionally focused, it eventually diversified into various businesses across India.

Start Investing with Free Expert Advice!

Since the publication of the Hindenburg report, Adani Group’s stock prices have experienced serious volatility. The stock market has felt the ripples, and multiple industries have been affected due to the volatility. 

In this blog, let us deep dive into the history of the Adani Group and its subsidiaries, attempting to piece together the narrative of its remarkable journey. 

Adani Group’s History

On 2nd March 1993,  Adani Enterprises was incorporated.

In 1998, They also successfully partnered with the Gujarat Port Infrastructure Development Corporation in Mundra, Gujarat.

In 1999, Adani Exports and Wilmar Trading formed a 50:50 joint venture named Adani Wilmar with an equity base of USD 6 million.

In 2000, Adani Exports entered the packaged edible oil market with the 'Fortune' brand in Jaipur.

In 2001, Adani Wilmar Ltd. aimed to launch 'Raag' vanaspati under a joint venture with Wilmar Holding Pte Ltd.

In 2003, Shanxi Corporation partnered with Adani Exports to supply coal in India. 

In 2009, Adani entered the cement industry and issued a 1:1 bonus to shareholders.

In 2010, Adani Welspun exploration began drilling in Gujarat, becoming one of India's largest coal importers. They secured coal purchase rights and won a bid for coal development in Orissa. Adani Enterprises Ltd issued rights shares in the ratio of 1:16.

In 2011, Adani Power Ltd. was established, earning recognition with the National Energy Conservation Award. Adani Enterprises became a 'Business Superbrand' and partnered with the Japanese business group Kowa Company.

In 2012, Adani Group commissioned India's largest solar power plant in Gujarat.

In 2013, integrated coal MDO operations began, providing access to over 3 billion tonnes of coal reserves.

In 2014, Adani collaborated with Posco to build a rail line in Australia.

In 2015, an MoU was signed with Australia's Woodside Energy for energy cooperation.

In 2016, Adani Wilmar and Ruchi Soya proposed a partnership in the FMCG sector.

In 2017, Adani Enterprises acquired Adani Infrastructure Pvt Ltd., secured royalties agreements with State Governments, and faced protests in Australia. Plans for a container port in Malaysia were announced.

In 2018, Adani Defence & Aerospace, in partnership with Elbit Systems, inaugurated India's first private UAV manufacturing facility.

In 2019, a joint venture with Sainik Mining was formed for mining activities in Chhattisgarh, and a partnership with Digital Realty was established for data infrastructure.

In 2020, commercial operations began at Lucknow International Airport.

In 2021, Adani Enterprises secured India's largest expressway project and won a highway project in Kerala.

In 2022, AdaniConneX opened a flagship data centre campus in Chennai, achieved financial closure for India's largest greenfield expressway project, partnered with the Israel Innovation Authority for tech solutions, and received the Navi Mumbai International Airport project tender.

In 2023, the Hindenburg report levied a serious allegation on the Adani group for pumping the price up for Adani group enterprises by creating shell companies. 

Following the release of this report, the shares of all publicly listed companies within the Adani Group have experienced a substantial decline in their market value.

The Adani group answered all their allegations and are now in better shape.

Top 7 Adani group ventures:

Here's a concise overview of the Adani Group's listed companies:

Adani enterprises:

Adani Enterprises serves as an incubator for new ventures within the group. It also plays a significant role in mining and commodity trading operations. With a diverse portfolio of services and products, it manages various subsidiaries.

Adani power:

Adani Power focuses on developing, operating, and maintaining power plant projects. It ranks among India's largest private-sector power generation companies.

Adani green energy:

Adani Green Energy holds the distinction of being the world's largest clean energy producer by capacity. The company oversees an impressive energy production portfolio exceeding 12 gigawatts through its subsidiaries.

Adani ports & SEZ:

Adani Ports and SEZ specialises in port management, logistics, and developing special economic zones. The company efficiently operates five ports located in various states across India.

Adani Transmission:

Adani Transmission is actively involved in the commissioning and operating of power transmission systems. It manages an extensive network of over 17,000 kilometres of power transmission lines.

Adani Total Gas:

Adani Total Gas is a joint venture between the Adani Group and the French oil and gas giant TotalEnergies SE. It stands as India's largest urban gas distribution company.

Adani Wilmar:

Adani Wilmar represents a successful joint venture, this time in partnership with Wilmar International. Together, they have introduced popular brands, Fortune edible oils, to the market.

Conclusion 

The remarkable evolution of the Adani Group, starting as a humble trading venture and now standing as a global conglomerate, is a testament to visionary leadership and strategic expansion. The group has advanced India's infrastructure, energy, renewables, agriculture, and logistics through their enterprises. 

With a steadfast dedication to sustainability, the Adani Group remains at the forefront of progress, emphasising social well-being and environmental responsibility in its pursuit of development.

 

Financial Calculators: Compound Interest Calculator | EMI Calculator | SIP Calculator | SWP Calculator | RD Calculator | NPS Calculator | PPF Calculator | Mutual Fund Returns Calculator | Inflation Calculator | Option Value Calculator

 

Popular Stocks: ICICI Bank Share Price | HDFC Bank Share Price | CDSL Share Price | UPL Share Price | TCS Share Price | BHEL Share Price | Trident Share Price | IRFC Share Price | Adani Power Share Price

You may also like…

Disclaimer: The stocks, companies, or financial instruments mentioned in this blog are for informational purposes only and should not be considered as investment recommendations. It is advised to consult with your financial advisor before making any investment decisions. Investment in securities markets are subject to market risks, read all the related documents carefully before investing. Investors are strongly encouraged to carefully read the risk disclosure documents prior to participating in market-related investments or trading activities. Due to the volatile nature of financial markets, no guarantees can be made regarding investment returns. Motilal Oswal Financial Services Ltd. does not offer any assured returns on market-linked securities. Please note that past performance of stocks or indices is not indicative of future results.
Open Demat Account
I wish to talk in South Indian language
By proceeding you’re agree to our T&C
Click here to see your activities