Adani Enterprises has received its strongest credit endorsement yet. CARE Ratings has raised the flagship company's long-term rating to AA from AA- with a stable outlook, citing stronger financial flexibility after the Rs 15,000-crore QIP and the partial monetisation of Adani Airports. More importantly, CARE expects AEL's operating profit to expand in FY27 as Kutch Copper stabilises, airport non-aero revenues grow and Navi Mumbai International Airport ramps up. Several of the businesses that AEL has spent years building are now reaching commercial scale at the same time.
ALSO READ | Adani Enterprises gets rating upgrade from CARE Ratings to AA; Stable; shares up 21% in 2026