ADANI Enterprises Ltd.

ITM Malad SMBA 16 Group Members: Phinsy Chirayath -- 15 Meena Salvi -- 08 Mohini Patwardhan -- 10 Rahul Aiah --29 Nitin Chaudhari -- 09 Mitul Parikh -- 17 Chetan Poojari -- 14 Ramdas Tarkar -- 11

Adani Enterprises Ltd.

In March, 2011 Forbes magazine announced that Adani is the 6th richest person in India with a personal wealth of US $10 billion. He worked in Mumbai as a diamond sorter at Mahindra Bros. In 1988 he set up an import-export company called Adani Enterprises. It imported PVC and took on the giant Reliance Industries which produced PVC in India. In 1993 the Gujarat government invited private companies to run the Mundra Port, and in 1995 the contract was given to Adani. In 2006, Mundra Port was developed into a Special Economic Zone.

Adani Enterprises Ltd.

y INTRODUCTION:
y The Adani Group is a Gujarat based Indian conglomerate with the

industrialist Gautam Adani as its CMD and promoter. The core business of the group is Commodities Trading, edible oil Manufacturing, Mundra port operations and distribution of Natural Gas.
y Founded in 1988 with a capital of INR 5 Lacs Adani Enterprises Ltd.

(formerly known as Adani Exports Ltd.) is today the flagship company of the Adani group which posted INR 260 billion revenue financial year 10-11.
y The group has a global footprint with interests in Infrastructure, Power,

Global Trading, Logistics, Energy, Port & SEZ, Mining, Oil & Gas, Agri Business, FMCG products, Real Estate Development, Bunkering.

Adani Enterprises Ltd

The Adani Group has many distinctions to its merit: y Operator of the largest private port in India y Developer of the largest multiproduct SEZ in India y Owns the largest edible oil refining capacity in India y One of the largest trading houses in India y Largest Integrated Coal Management Firm in India y Promoter of India s first supercritical technology based power plant y Operator of the world s largest automated import Coal Terminal having 60 MnT capacity

Adani Enterprises Ltd

Adani Enterprise is a huge organisation having around 90 subsidaries working under it. Major Subsidaries of Adani Enterprise:Adani Power Ltd. Adani Retail Ltd. Adani Wilmar Ltd. Gujarat Adani Energy Ltd. Adani Mining ltd. Gujarat Adani Port Limited iCall India Limited Mundra Port and Special Economic Zone limited Adani Agri Logistics Limited Adani Agri Fresh Limited Adani Properties ltd Adani Welspun ltd

y SHAREHOLDING PATTERN:
Holder Name
Promoters Foreign Institutions Foreign Promoter Other Companies Foreign Ocb General Public Financial Institution Foreign NRI N Banks MF Others Foreign Others Foreign Industries 0.49%
Others

Adani Enterprise Ltd.

%
70.05% 16.17% 8.27% 1.81%

Promoters ForeignInstitutions ForeignPromoter OtherCompanies ForeignOcb GeneralPublic FinancialInstitutions ForeignNRI NBanksMutualFunds

1.81% 1.36% 1,14% 0.70%

0.02% 0.0%
ForeignOthers ForeignIndustries

Probe mining irregularities by Adani : Supreme Court to CEC.

The Supreme Court asked the Central Empowered Committee on environmental matters to look into the allegations of illegal mining against M/s Adani Enterprises in Karnataka.

Adani Enterprises Ltd.

Share Performance last 6 months

Adani Enterprise Ltd.

y Share Price comparison with competitors:

Daily Moving Average

Fall in Share prices observed:

Mining Scam Recent downfall of markets globally

Comments
y The 1st buy point is 322, as this stock is struggling in between y y y y

y y

320-322 as can be seen with the help of last 3 candles. If it crosses 322 then the next target is 14 DMA 340-350, which can be seen with the help of the blue line (14 DMA) If we are looking with a long term prospect, if it goes above 380390 then it will break the long term trend line. The support for this stock is 278, if it goes below this then it s a sell signal. If we see the RSI (Relative strength index) of the stock, it is below 30%, this indicates that the stock is oversold, so right now it s good time to buy the stock from a long term perspective. Also the beta of the stock vs. sensex is 0.92. If the index improves the stock will also improve. Support 1 290, 2 276 1 322, 2 345, 3 380

y Resistance

Ratio Analysis
Operating Profit Per Share
16 14 12 10 8 6 4 2 0 Mar ' 07 -2 Mar ' 08 Mar ' 09 Mar ' 10 Mar ' 11

Ratio Analysis
Gross Profit Margin
4 3 2 1 0 Mar ' 07 -1 -2 -3 -4 -5 -6 Mar ' 08 Mar ' 09 Mar ' 10 Mar ' 11

Ratio Analysis
Debt/Equity
3

2.5

1.5

0.5

0 Mar ' 07 Mar ' 08 Mar ' 09 Mar ' 10 Mar ' 11

Ratio Analysis
45 40 35 30 25 20 15 10 5 0

Inventory Turn Over ratio

Mar ' 07 Mar ' 08 Mar ' 09 Mar ' 10 Mar ' 11

Ratio Analysis
Owners Fund
100 90 80 70 60 50 40 30 20 10 0 Mar ' 07 Mar ' 08 Mar ' 09 Mar ' 10 Mar ' 11

Market Capitalization
Market Cap (2010-11 (INR in Cr.)
1.5 %

Adani Enterpris

59 % 39.3 %

MMTC Ltd

PTC India

Conclusion
y The Company has been affected a lot during the

mining scam. y The Share price has dropped from Rs 800 to Rs 343 in the last 6 months. y But the company has a strong base and holds a good share in the market and are global leaders.

Thank You
References: 1) www.moneycontrol.com 2)www.economictimes.com 3)www.rediffmoney.com Special Thanks to : 1) Piyush Gajaria 2)Prof. Kashyap Ganatra.