Adani Ports vs IRB: share price, P/E, ROE and financials compared
Adani Ports and Special Economic Zone
IRB Infrastructure Developers
Adani Ports and IRB at a glance
Adani Ports is the larger by market cap, at ₹4.5L Cr against ₹20,557 Cr for IRB (21.7 times as large). On valuation, IRB has the lower P/E (19.1× against 32.3×) and the lower price-to-book (0.95× against 4.36×). On returns and margins, Adani Ports has the higher ROCE (11.0% against 5.8%) and the higher ROE (15.6% against 4.2%). Over three years, Adani Ports has faster 3-year sales growth (+22.9% against −0.4% a year) and faster 3-year profit growth (+34.1% against +5.7% a year). Adani Ports carries less debt for its equity, with a debt-to-equity of 0.63× against 0.96×.
Key metrics, side by side
| Metric | Adani PortsADANIPORTS | IRBIRB |
|---|---|---|
| Price (₹) | 1,936.60 | 17.02 |
| Market cap (₹ Cr) | 4,46,185 | 20,557 |
| P/E | 32.3× | 19.1× (the lower figure, shaded) |
| P/B | 4.36× | 0.95× (the lower figure, shaded) |
| Dividend yield, trailing | 0.39% | 1.00% (the higher figure, shaded) |
| ROE | 15.6% (the higher figure, shaded) | 4.2% |
| ROCE | 11.0% (the higher figure, shaded) | 5.8% |
| Operating margin (OPM) | 44.0% | 43.2% |
| Net margin (NPM) | 32.0% (the higher figure, shaded) | 15.5% |
| Sales CAGR 3Y | +22.9% (the higher figure, shaded) | −0.4% |
| Profit CAGR 3Y | +34.1% (the higher figure, shaded) | +5.7% |
| Debt to equity | 0.63× (the lower figure, shaded) | 0.96× |
| Interest cover | 5.0× (the higher figure, shaded) | 1.8× |
| Net profit TTM (₹ Cr) | 13,625 | 954 |
| 1Y return | +30.5% (the higher figure, shaded) | −23.1% |
| Promoter holding | 66.03% | 31.18% |
Adani Ports vs IRB: common questions
Which is bigger, Adani Ports or IRB?
By market cap, Adani Ports is bigger at ₹4.5L Cr, against ₹20,557 Cr for IRB (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹13,625 Cr for Adani Ports and ₹954 Cr for IRB.
Which has a lower P/E ratio, Adani Ports or IRB?
Adani Ports trades at a P/E of 32.3× and IRB at 19.1×. IRB has the lower P/E. 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 has a higher ROE, Adani Ports or IRB?
Adani Ports reports a return on equity of 15.6% and IRB 4.2%. Adani Ports has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Adani Ports or IRB?
Over the last three years: Sales grew +22.9% a year at Adani Ports and −0.4% at IRB, so Adani Ports grew sales faster; profit grew +34.1% a year at Adani Ports and +5.7% at IRB, so Adani Ports grew profit faster. Past growth doesn’t predict future growth.