Adani Ports vs GMR Airports: share price, P/E, ROE and financials compared
Adani Ports and Special Economic Zone
GMR Airports
Adani Ports and GMR Airports at a glance
Adani Ports and GMR Airports are both listed in Services. Adani Ports is the larger by market cap, at ₹4.5L Cr against ₹1.1L Cr for GMR Airports (4.2 times as large). GMR Airports’s P/E isn’t ranked because it has negative equity. On returns and margins, Adani Ports has the higher operating margin (44.0% against 26.6%). Over three years, GMR Airports has faster 3-year sales growth (+31.8% against +22.9% a year).
Key metrics, side by side
| Metric | Adani PortsADANIPORTS | GMR AirportsGMRAIRPORT |
|---|---|---|
| Price (₹) | 1,936.60 | 98.75 |
| Market cap (₹ Cr) | 4,46,185 | 1,05,277 |
| P/E | 32.3× | 240.9× |
| P/B | 4.36× | −43.25× |
| Dividend yield, trailing | 0.39% (the higher figure, shaded) | 0.00% |
| ROE | 15.6% | – |
| ROCE | 11.0% | 10.4% |
| Operating margin (OPM) | 44.0% (the higher figure, shaded) | 26.6% |
| Net margin (NPM) | 32.0% | 3.1% |
| Sales CAGR 3Y | +22.9% | +31.8% (the higher figure, shaded) |
| Profit CAGR 3Y | +34.1% | – |
| Debt to equity | 0.63× | – |
| Interest cover | 5.0× (the higher figure, shaded) | 1.2× |
| Net profit TTM (₹ Cr) | 13,625 | 500 |
| 1Y return | +30.5% (the higher figure, shaded) | +4.4% |
| Promoter holding | 66.03% | 67.48% |
Adani Ports vs GMR Airports: common questions
Which is bigger, Adani Ports or GMR Airports?
By market cap, Adani Ports is bigger at ₹4.5L Cr, against ₹1.1L Cr for GMR Airports (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹13,625 Cr for Adani Ports and ₹500 Cr for GMR Airports.
Which has a lower P/E ratio, Adani Ports or GMR Airports?
Adani Ports trades at a P/E of 32.3× and GMR Airports at 240.9×. GMR Airports’s P/E isn’t ranked because it has negative equity. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which is growing faster, Adani Ports or GMR Airports?
Over the last three years: Sales grew +22.9% a year at Adani Ports and +31.8% at GMR Airports, so GMR Airports grew sales faster. Past growth doesn’t predict future growth.