NEW DELHI: Adani Group Chairman Gautam Adani on Tuesday said the conglomerate’s return on assets (ROA) rose to 16.5 per cent in FY2024-25, placing it among the highest globally in the infrastructure sector.
Speaking at the Group’s annual Shantilal Adani Lecture Series, Adani credited the strong performance to disciplined growth and efficient capital deployment.
“This figure demonstrates that our growth is profitable, our assets are productive, and our capital is working with precision,” he said.
The Group’s net debt-to-EBITDA ratio stood at 2.6x, underscoring a conservative leverage position. With robust internal cash flows, Adani said the company plans to self-fund a major portion of its USD 100 billion five-year capex plan, thereby reducing dependence on external financing.
“This high ROA does more than generate cash. It strengthens our credibility with lenders, boosts investor confidence, and underpins our capacity to take bold bets while maintaining balance sheet integrity. It is the invisible scaffolding that supports everything we build,” Adani remarked.
Highlighting a USD 500 billion opportunity in India’s electricity sector by 2032, Adani said the Group aims to capture a 20 per cent share of that market.
Looking to the future, he unveiled the Group’s next transformation phase — a ‘Two-Track Organization’ model — combining artificial intelligence with human judgment.
“The Agentic Track will bring data-driven precision, while the Human Track will guide it with judgment and ethics,” he explained.
Adani also pointed to new finance transformation initiatives, including a Finance Control Tower — a real-time visibility platform — and a Global Capability Center integrating AI-led workflows for enhanced efficiency.
“Finance is no longer a back-office function. It is the cockpit of strategic control — where foresight meets discipline,” he said.
The Shantilal Adani Lecture Series, dedicated to the memory of Shantilal Adani, is an annual internal event that convenes senior finance and technology leaders across the Group to discuss financial strategy, governance, and innovation.
Concluding his address, Adani said the world is at an inflection point marked by the convergence of technology, capital, and human potential.
“Adani Group has always believed in building at speed and scale — constructing the physical and digital arteries of India. This is not a moment for caution; it is a moment for daring, reinvention, and building a model that fuses intelligence with purpose,” he said.
