Shares of Adani Enterprises Ltd. were in focus after the company announced a strategic collaboration with Jabil to build an integrated AI and data centre infrastructure manufacturing platform in India.
With a market capitalisation of Rs. 3.86 lakh crore, Adani Enterprises shares were trading around Rs. 2,946, about 4 percent below their 52-week high of Rs. 3,060. The stock has a debt-to-equity ratio of 1.32.
Strategic partnership with Jabil
Adani Enterprises and Jabil will combine their capabilities to manufacture key components used in AI and data centre infrastructure.
The partnership brings together:
- Adani’s data centre, infrastructure and renewable energy businesses.
- Jabil’s more than 60 years of manufacturing experience.
The companies plan to manufacture:
- AI racks
- Servers
- Storage systems
- Networking equipment
- Power distribution systems
- Cooling solutions
- Other data centre components
They also intend to develop multi-gigawatt AI rack manufacturing capacity.
Targeting a $3 trillion opportunity
According to the companies, the global AI infrastructure market could exceed $3 trillion over the next seven years.
India’s data centre capacity is expected to reach 5-8 GW by 2030, supported by:
- Rising AI adoption
- Growth in cloud computing
- Data localisation requirements
Global hyperscalers are also expected to invest more than $50 billion in India’s digital infrastructure ecosystem.
Part of Adani Group’s broader AI ambitions
The collaboration supports the Adani Group’s previously announced $100 billion investment plan, which includes building 5 GW of AI-ready, green-energy-powered data centres by 2035.
Jabil, which reported revenue of $29.8 billion in FY25, will contribute expertise in:
- Advanced manufacturing
- Thermal management
- Power systems
The companies said the initiative is expected to:
- Support the Make in India programme
- Strengthen domestic supply chains
- Create skilled jobs
- Position India as a global hub for AI hardware manufacturing and exports
Business overview
Adani Enterprises Ltd. serves as the flagship incubator company of the Adani Group.
Its businesses span several sectors, including:
- Airports
- Roads
- Data centres
- Mining services
- Green hydrogen
- Solar manufacturing
- Logistics
- Digital infrastructure
The company focuses on developing and scaling emerging businesses linked to infrastructure and energy transition.
Financial performance
Year-on-year
Revenue from operations increased to Rs. 32,439 crore, from Rs. 26,966 crore, registering growth of about 20 percent.
Operating profit rose marginally to Rs. 3,731 crore, compared with Rs. 3,710 crore a year earlier.
However, the company reported a net loss of Rs. 167 crore, against a net profit of Rs. 4,015 crore in the corresponding period.
Quarter-on-quarter
Revenue increased from Rs. 24,820 crore to Rs. 32,439 crore, up 31 percent.
Operating profit rose to Rs. 3,731 crore, from Rs. 3,642 crore, representing growth of 2.4 percent.
Net profit turned into a loss of Rs. 167 crore, compared with a profit of Rs. 5,727 crore in the previous quarter.
TL;DR:
Adani Enterprises partnered with Jabil to build an AI and data centre hardware manufacturing platform in India. The companies are targeting a global AI infrastructure market worth over $3 trillion, while supporting Adani’s long-term plans for AI-ready data centres.
AI Summary:
- Adani Enterprises and Jabil formed an AI infrastructure manufacturing alliance.
- The partnership will produce servers, AI racks and data centre equipment.
- The companies are targeting a market opportunity exceeding $3 trillion.
- India’s data centre capacity is projected to reach 5-8 GW by 2030.
- Adani Enterprises reported revenue growth but posted a net loss
