ilmscore | Adani Group Debt Analysis | Fundamental Analysis | CA Rachana Ranade

Adani Group Debt Analysis | Fundamental Analysis | CA Rachana Ranade

Published: 2022-09-10
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
As of March 2022, only 26% of Adani Group's total debt is due for repayment within the next five years, indicating improved debt management compared to March 2013 when 100% was due within five years.
"now you can see that out of the total debt only 26 percent is debt which is to be repaid in less than five years"
Adani Group Debt Repayment Capacity
Pending
Adani Group's Net Debt to Run Rate EBITDA has decreased significantly from 7.6X approximately nine years prior to the transcript date (around 2013) to around 3.2X by June quarter of the fiscal year the video was published (2022).
"their net date to run rate EBITDA or to EBITDA has come down to around 3.2 X versus 7.6 X almost nine years ago"
Adani Group Net Debt to EBITDA Ratio
Pending
Fitch upgraded the outlook on four Adani Group companies (Adani Port, Adani Green Energy, Adani International Container Terminal, and Adani Transmission) from negative to stable as of June 16, 2022.
"outlook of Adani Port, Aadani Green Energy international container terminal and Adani transmissions have been revised too stable from negative"
Fitch Ratings Outlook on Adani Group Companies
Pending
As of March 31, 2022, approximately 43% of Adani Group's total debt was raised through bonds, and the remaining 57% was raised through loans from banks and other financial institutions.
"out of the total debt almost 43 percent has been raised via bonds and balance 57 percent has been raised through loans via banks and others"
Adani Group Debt Composition (Bonds vs. Loans)
Pending
As of March 31, 2022, Adani Group raised 37% of its funds via bonds and 6% via PSU Capex LC. The management considers these to be similar in nature, totaling 43% raised through these instruments.
"the overall bonds, the money raised via bonds is 37% and 6% has been raised through PSU Capex LC, but as per the management commentary PSU Capex LC and bonds are similar in nature and that is where our total of 43% matches properly"
Adani Group Debt Composition (Bonds vs. PSU Capex LC)
Pending