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Adani Airport Holdings Ltd: Domestic analyst Ventura Securities has released an excellent report on Adani Airport Holdings Ltd, a subsidiary of Adani Group. In his report, Ventura has said that Adani Airport Holdings Limited, working in the airport business, is growing rapidly. It is operating many airports in the country. With the increasing number of air travel, it is increasing the revenue of Adani Group.
Ventura also said in its report that Adani Airport Holdings Limited’s earnings before interest, tax, depreciation and amortization are expected to grow even faster, at a compound annual growth rate (CAGR) of 46.7 percent. . While EBITDA margin is estimated to be 51.3 percent with an increase of 1,885 basis points on an annual basis.
Country’s largest company in airport management
Ventura said, Adani Airport Holdings Limited is the country’s largest private company in the field of airport operations, which is poised to earn more profits with the increasing demand for air travel and expansion of non-passenger revenues. At present Adani Group is handling the work of eight airports in India. The company has a major share of about 23 percent in passenger traffic and 33 percent in air cargo. Along with this, the Airports Authority of India (AAI) has leased Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru airports to Adani Group for 50 years.
Adani Group ready to increase its portfolio
According to Ventura, the aviation market in India is still in the early stages of its growth potential and Adani Group is ready to expand its portfolio with growing opportunities. Per capita air travel in India is still less than other countries of the world. However, there is a possibility of a huge increase in it by the financial year 2027. For this, the work of improving UDAAN scheme and tourism infrastructure is going on.
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