Adani Ports and Special Economic Zone (APSEZ) has been awarded the highest credit rating of AAA by CARE Ratings, marking the first large-sized private infrastructure developer in India to achieve this distinction. This prestigious rating highlights APSEZ's exceptional level of creditworthiness and its strong financial performance.

APSEZ's Managing Director, Karan Adani, expressed pride in the recognition, emphasizing the company's financial discipline, commitment to reducing debt, diversified asset and customer base, and exceptional profitability. These factors, coupled with APSEZ's robust integrated business model, have been instrumental in securing this top rating.

The company's successful track record in turning around port assets post-acquisition, as well as its integrated approach as a transport utility providing comprehensive services from port gate to customer gate, has fueled significant growth. Over the past five years, APSEZ has achieved a compounded annual growth rate of 15% in volumes, compared to the industry average of 4%.

In FY24, APSEZ handled a cargo volume of 419.95 million metric tonnes, marking a 24% increase from the previous year. As the largest port developer and operator in India, APSEZ operates seven strategically located ports and terminals on the west coast and seven on the east coast, accounting for 27% of the country's total port volumes.

APSEZ is a part of the globally diversified Adani Group and is dedicated to becoming one of the largest ports and logistics platforms in the world within the next decade. The AAA rating reinforces APSEZ's position as a leading player in the industry and underscores its potential for continued growth and success.