MUMBAI, India – Adani Ports and Special Economic Zone Ltd. (APSEZ) announced a record-breaking operational performance for the first half of fiscal year 2026, handling its highest-ever cargo and rail volumes, driven by significant growth in its container segment.
In a business update released Friday, India’s largest private port operator reported handling 244.2 million metric tonnes (MMT) of cargo in the first half of FY26 (April-September 2025), an impressive 11% increase year-on-year. This growth was largely fueled by a robust 20% surge in container volumes over the same period last year.
The strong momentum continued through September, with the company handling 41.6 MMT of cargo, up 11% YoY.
The company’s logistics arm also set new benchmarks. Rail volumes hit an all-time high of 358,406 TEUs (twenty-foot equivalent units) in H1 FY26, marking a 15% YoY growth. For September alone, rail volumes climbed 22% to 60,640 TEUs.
Despite the strong operational update, APSEZ’s stock experienced a slight downturn in Friday’s trading session. As of 01:12 p.m. IST, the scrip was trading 0.36% lower at Rs 1,417.60 apiece on the National Stock Exchange, underperforming against a relatively flat Nifty 50 index.
However, market analysts remain overwhelmingly optimistic about the company’s prospects, viewing the current operational strength as a key indicator of future growth. According to Bloomberg data, an overwhelming 21 out of 22 analysts tracking the stock maintain a ‘buy’ rating, with one recommending a ‘hold’. The consensus 12-month price target suggests a potential upside of 20.8%, reinforcing the bullish long-term outlook previously echoed by firms like Motilal Oswal, which noted APSEZ is “well-positioned for further expansion.”
