{"id":6054,"date":"2021-12-15T15:58:35","date_gmt":"2021-12-15T10:28:35","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=6054"},"modified":"2021-12-15T15:58:36","modified_gmt":"2021-12-15T10:28:36","slug":"facts-about-adani-group","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/","title":{"rendered":"12 Mind-Blowing Facts About Adani Group"},"content":{"rendered":"\n<p>Did you know that Adani Group, India\u2019s largest private port operator also owns Farm Pik, one of the largest suppliers of Apples in the country? The company also co-owns Fortune, the popular edible oil brand with Wilmar.<\/p>\n\n\n\n<p>Adani Group is a heavily-diversified business empire that is not just a massive conglomerate but looks almost like an ecosystem in itself. We bet you didn\u2019t have the slightest idea about this either. Anyway, let\u2019s watch these 12 mind-blowing facts about the Adani Group that are sure to raise your eyebrows.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#1-Backed-by-a-young-self-made-millionaire\" title=\"1. Backed by a young, self-made millionaire\">1. Backed by a young, self-made millionaire<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#2-The-first-leg-of-Adani-Groups-business\" title=\"2. The first leg of Adani Group\u2019s business\">2. The first leg of Adani Group\u2019s business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#3-Cracked-an-Rs-6000-cr-deal-in-just-over-4-days\" title=\"3. Cracked an Rs. 6,000 cr deal in just over 4 days\">3. Cracked an Rs. 6,000 cr deal in just over 4 days<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#4-%E2%80%98Nation-building-is-at-its-core\" title=\"4. \u2018Nation building\u2019 is at its core\">4. \u2018Nation building\u2019 is at its core<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#5-Runs-some-of-Indias-largest-businesses\" title=\"5. Runs some of India\u2019s largest businesses\">5. Runs some of India\u2019s largest businesses<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#6-Offered-mammoth-returns-to-investors\" title=\"6. Offered mammoth returns to investors\">6. Offered mammoth returns to investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#7-Joined-the-ranks-of-market-leaders-in-terms-of-market-cap\" title=\"7. Joined the ranks of market leaders in terms of market cap&nbsp;\">7. Joined the ranks of market leaders in terms of market cap&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#8-Looks-more-like-an-ecosystem\" title=\"8. Looks more like an ecosystem\">8. Looks more like an ecosystem<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#9-Doing-more-than-just-business\" title=\"9. Doing more than just business\">9. Doing more than just business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#10-Safe-at-home-but-not-in-the-foreign-land\" title=\"10. Safe at home but not in the foreign land\">10. Safe at home but not in the foreign land<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#11-Adani-Groups-neck-is-deep-in-debt\" title=\"11. Adani Group\u2019s neck is deep in debt\">11. Adani Group\u2019s neck is deep in debt<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-adani-group\/#12-Committed-to-conserving-the-environment\" title=\"12. Committed to conserving the environment\">12. Committed to conserving the environment<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-Backed-by-a-young-self-made-millionaire\"><\/span>1. <strong>Backed by a young, self-made millionaire<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>He was a college dropout. He was abducted and held for ransom about two decades ago. He was also held as a hostage in the Taj attacks. Yes, we are talking about <a href=\"https:\/\/www.tickertape.in\/blog\/adanis-rise-to-becoming-asias-richest-billionaire\/\">Gautam Adani<\/a>, the founder of Adani Group. But Gautam started small. Although he was born in a family that ran a textile business, Gautam was enticed by Mumbai\u2019s shiny diamond business. There, he worked with Mahindra Brothers as a diamond sorter for 2-3 yrs when he learned all the tricks of the business. Soon, he set up his own diamond brokerage firm in the famous Zaveri Bazar of Mumbai and made his first million, that is, Rs. 10 lakh in the third year he was in Mumbai. He was just 20 yrs old then.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-The-first-leg-of-Adani-Groups-business\"><\/span>2. <strong>The first leg of Adani Group\u2019s business<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The year was 1981. While Gautam Adani was still in Mumbai, his elder brother Mahakush requested him to run his plastic business in Ahmedabad. And in 1988, Gautam forayed into international trading markets by starting a <a href=\"https:\/\/www.tickertape.in\/blog\/commodity-in-economy\/\">commodity<\/a> trading business in the name of <a href=\"https:\/\/www.tickertape.in\/stocks\/adani-enterprises-ADEL?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Adani Enterprises Ltd<\/a>. The company imported a key industrial raw material called Polyvinyl Chloride. This was the first leg of the group\u2019s business and there has been no looking back since then.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-Cracked-an-Rs-6000-cr-deal-in-just-over-4-days\"><\/span>3. <strong>Cracked an Rs. 6,000 cr deal in just over 4 days<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 2018, <a href=\"https:\/\/www.tickertape.in\/stocks\/adani-power-ADAN?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Adani Power Limited<\/a>, a part of Adani Group, executed a definitive agreement to acquire Udupi Power Corporation Limited in 2014. Believe it or not, the deal was sealed in just 100 hours! Well, the credit goes to Gautam Adani\u2019s business acumen and excellent negotiation skills.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-%E2%80%98Nation-building-is-at-its-core\"><\/span>4. <strong>\u2018Nation building\u2019 is at its core<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Adani Group\u2019s key business strategies<strong> <\/strong>have been in line with the government\u2019s priority sectors. The group forayed into the defence sector in 2015 when the government was pushing for local manufacturing of defence equipment. Adani Group seized the opportunity by setting up facilities and tying up with defence contractors to supply equipment to the military. Likewise, the group ventured into India\u2019s private fuel and airport sectors in 2018 and 2019, respectively. By and by, Adani Group set foot into diverse sectors including ports, renewable energy, power, airports, food, oil and gas, finance, real estate, and more.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5-Runs-some-of-Indias-largest-businesses\"><\/span>5. <strong>Runs some of India\u2019s largest businesses<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It was Gautam Adani\u2019s childhood dream to build a large port. In 1995, this dream came true when the Adani Group won the bid to privately run the Mundra Port in Gujarat. Today, it is India\u2019s largest private port that handles over 1,000 lakh tonnes\/10 cr. tonnes of cargo each year. In all, the Adani Group operates 10 ports lining the Indian coastline. The group\u2019s Adani Power is India\u2019s largest private thermal power producer and <a href=\"https:\/\/www.tickertape.in\/stocks\/adani-transmission-ADAI?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Adani Transmission<\/a> is one of India\u2019s largest private players. The group also owns Adani Electricity that powers over 3 mn. households across Mumbai. What\u2019s more, Adani Group also operates India\u2019s largest private-sector rail. They have a 300 km-long private railway line.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-Offered-mammoth-returns-to-investors\"><\/span>6. <strong>Offered mammoth returns to investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Started as a commodity trading business in the name of Adani Enterprises Ltd, Adani Group\u2019s revenue has reached 1.1 lakh cr. in 2020. This is more than Indian IT majors including <a href=\"https:\/\/www.tickertape.in\/stocks\/infosys-INFY?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Infosys<\/a> and <a href=\"https:\/\/www.tickertape.in\/stocks\/hcl-technologies-HCLT?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">HCL<\/a>. In the same year, all six listed companies of Adani Group generated <a href=\"https:\/\/www.tickertape.in\/blog\/a-multibagger-stock-that-has-further-upside-potential\/\">multibagger<\/a> returns. While APSEZ offered returns of 60%, <a href=\"https:\/\/www.tickertape.in\/stocks\/adani-green-energy-ADNA?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Adani Green<\/a> shot by 400%. In comparison, <a href=\"https:\/\/www.tickertape.in\/stocks\/reliance-industries-RELI?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Reliance Industries<\/a> only delivered 40% returns in the same period. Now, that\u2019s impressive! You can track the returns of the stock and other details on <a href=\"https:\/\/www.tickertape.in\/?utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">tickertape web<\/a> and app.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Adani Group I 12 Mind-Blowing Facts I  One of India&#039;s Largest Conglomerate\" width=\"770\" height=\"433\" src=\"https:\/\/www.youtube.com\/embed\/hmj4nDy4hpI?start=1&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-Joined-the-ranks-of-market-leaders-in-terms-of-market-cap\"><\/span>7. <strong>Joined the ranks of market leaders in terms of market cap<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Adani Group became the 3rd Indian conglomerate to cross 100 bn. market cap, after Tata Group and Reliance Group. As of Feb 2021, Adani Group\u2019s <a href=\"https:\/\/www.tickertape.in\/blog\/market-capitalization\/\">market capitalisation<\/a> was ~Rs. 5.04 tn., almost equal to Japan\u2019s nominal GDP, which was $5.08 tn. as of 2019.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"8-Looks-more-like-an-ecosystem\"><\/span>8. <strong>Looks more like an ecosystem<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Adani Group is engaged in an array of businesses ranging from gas and oil to ports and coal mining to power generation. While this makes Adani Group a massive conglomerate, it looks more like an ecosystem. This is because the production of some of its businesses is consumable by the others. For instance, coal produced in Adani\u2019s mines can be transported via its private rail lines to the group\u2019s thermal power plant located in Adani Special Economic Zone. The electricity generated here can then be distributed via Adani Power\u2019s transmitting business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"9-Doing-more-than-just-business\"><\/span>9. <strong>Doing more than just business<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Adani Group gives about 3% of the group\u2019s earnings to the Adani Foundation for philanthropic activities. The foundation\u2019s Adani Vidya Mandir School in Ahmedabad imparts free education to children belonging to low-income families. The group also runs rural clinics and mobile healthcare units that serve over 25,000 patients per month. Moreover, Adani Group is also an advocate of Environmental, Social, and Corporate Governance (<a href=\"https:\/\/www.tickertape.in\/blog\/impact-investing-divam-sharma\/\">ESG<\/a>) policy and is committed to enhancing its footprint in the area.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10-Safe-at-home-but-not-in-the-foreign-land\"><\/span>10. <strong>Safe at home but not in the foreign land<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Despite Adani Group\u2019s remarkable journey of growth, it is battling with negative publicity for the Carmichael thermal coal project in Australia. Adani had received approval for the coal project in 2019 after a decade-long struggle with regulators and environmentalists. However, the locals are bent upon stopping the project via the \u201cStop Adani\u201d campaign. As per them, the Carmichael project would worsen climate change and threaten Australia\u2019s natural resources.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"11-Adani-Groups-neck-is-deep-in-debt\"><\/span>11. <strong>Adani Group\u2019s neck is deep in debt<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Despite such controversies, Adani Group\u2019s focus on growth and expansion has only gotten intense. So much so that it is heavily debt-ridden. Back in 2015, Credit Suisse had warned that the group was severely stressed, accounting for 12% of <a href=\"https:\/\/www.tickertape.in\/indices\/nifty-bank-index-.NSEBANK?utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">banking<\/a> sector loans. As of Nov 2020, Adani Group\u2019s total debt crossed Rs. 2.25 lakh cr. The group\u2019s gross debt\/EBITDA was at 6.06x and net debt\/EBITDA was at 5.35x whereas its interest coverage ratio was 1 or below for all its listed companies except for <a href=\"https:\/\/www.tickertape.in\/stocks\/adani-ports-and-special-economic-zone-APSE?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Adani Ports and Sez (APSEZ)<\/a> and <a href=\"https:\/\/www.tickertape.in\/stocks\/adani-gas-ADAG?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Adani Total Gas<\/a>. This means that the Adani Group doesn\u2019t generate enough profits to meet its interest obligations of even a year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"12-Committed-to-conserving-the-environment\"><\/span>12. <strong>Committed to conserving the environment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Nonetheless, Adani Group\u2019s commitment to not just planting trees but enhancing its ESG footprint has attracted a bunch of global energy majors and investors including Total SA of France and Snam SpA of Italy, who are looking to claim a piece of the company\u2019s renewable portfolio in the Indian market. Adani owns the Kamuthi Solar Power Project in Tamilnadu, which is one of the largest in the world. Spanning over 2,500 acres, the project has 2.5 mn. solar panels and a robotic solar-powered cleaning system. What\u2019s amusing is that this gigantic power plant was built in just 8 mth. That\u2019s not all, in 2020, Adani <a href=\"https:\/\/www.tickertape.in\/blog\/green-energy-arvind-kothari\/\">Green Energy<\/a> Ltd secured a record $ 6 bn. solar power deal, which takes the company closer to achieving its goal of becoming the world\u2019s largest renewable-energy maker by 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Did you know that Adani Group also owns Farm Pik, one of the largest suppliers of Apples in the country? Read 12 other facts about Adani Group here<\/p>\n","protected":false},"author":27,"featured_media":6059,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[9,1749],"tags":[1081,15],"acf":[],"modified_by":"Aradhana Gotur","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/12\/TT-15-Dec-Adani-Group-facts.jpg?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6054"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=6054"}],"version-history":[{"count":5,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6054\/revisions"}],"predecessor-version":[{"id":6062,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6054\/revisions\/6062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/6059"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=6054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=6054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=6054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}