What is in the report of Adani Group? Adani Group had released a report on Monday. According to the report, Adani Group has completed the process of repaying its loan. Under the Deleveraging Programme, the group has repaid $2.65 billion in debt, due to which the financial metrics of the group have also improved significantly. All this information has been given in the Adani Portfolio Credit Update issued by the group. According to this credit update, Adani Group has repaid Margin Linked Share Backed Financing of $2.15 billion before March 12. This payment has been made by the group ahead of time, its maturity was to be on March 31, 2023. Along with this, the promoters have also repaid the $700 million loan taken for the acquisition of Ambuja Cements ahead of time. Along with this premature payment, interest of $203 million has also been paid. Cash balance of listed companies also increased. In FY23, the cash balance of listed companies has increased by 41.5% to more than $ 4.75 billion (YoY) ie Rs 40,351 crore. If we add the cash balance and free flow capital of the companies, then this figure will be Rs 77,889 crore, which is more than the debt maturity cover of the group in FY24, FY25 and FY26. The debt maturity cover for FY24, FY25 and FY26 is Rs 11,796 crore, Rs 32,373 crore and Rs 16,614 crore.

1. What is in the report of Adani Group?
Adani Group had released a report on Monday. According to the report, Adani
Group has completed the process of repaying its loan. Under the Deleveraging
Programme, the group has repaid $2.65 billion in debt, due to which the financial
metrics of the group have also improved significantly.
All this information has been given in the Adani Portfolio Credit Update issued by
the group. According to this credit update, Adani Group has repaid Margin Linked
Share Backed Financing of $2.15 billion before March 12. This payment has
been made by the group ahead of time, its maturity was to be on March 31,
2023.
Along with this, the promoters have also repaid the $700 million loan taken for
the acquisition of Ambuja Cements ahead of time. Along with this premature
payment, interest of $203 million has also been paid.
Cash balance of listed companies also increased.
In FY23, the cash balance of listed companies has increased by 41.5% to more
than $ 4.75 billion (YoY) ie Rs 40,351 crore. If we add the cash balance and free
flow capital of the companies, then this figure will be Rs 77,889 crore, which is
more than the debt maturity cover of the group in FY24, FY25 and FY26. The
debt maturity cover for FY24, FY25 and FY26 is Rs 11,796 crore, Rs 32,373
crore and Rs 16,614 crore.
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