Adani Seals Rs 80,000 Crore Deals Post-Hindenburg Crisis, Signals Strong Comeback

• Adani Group completed 33 acquisitions worth Rs 80,000 crore (USD 9.6 billion) since January 2023, demonstrating sustained capital access and execution post-Hindenburg allegations.
• The buying spree focused on core sectors: Ports (Rs 28,145 crore), Cement (Rs 24,710 crore), and Power (Rs 12,251 crore).
• Notable deals include the Rs 21,700 crore acquisition of Australia's North Queensland Export Terminal and multiple cement sector buyouts like Sanghi Industries and Penna Cement Industries.
• The group's comeback strategy involved balance-sheet repair, deleveraging, equity infusions, and strategic expansion, rebuilding investor confidence.
• Adani's net debt-to-EBITDA is now around 3x, below its guidance, with plans for Rs 10 lakh crore capital expenditure over the next five years.

Why It Matters: Adani Group's Rs 80,000 crore acquisition spree post-Hindenburg crisis signals robust financial recovery and strategic expansion.