The Adani Group, which is facing allegations of allegedly paying bribe for a big contract, has a debt of Rs 2.41 lakh crore. International capital market (foreign bonds) and global banks have a 55% stake in it. Domestic financial institutions, NBFCs and government banks have a 33% stake. As of Friday, the market cap of all 10 listed companies of the Adani Group is Rs 11.94 lakh crore. This means that the company has a debt of 20.10% of its total assets. Outstanding loans from government banks account for 15% of the total debt. According to the balance sheet of the companies, the Adani Group has cash of Rs 59,791 crore. According to this, the group has net liabilities of Rs 1.81 lakh crore. These companies have a cash balance of 24.77% of the total debt. This is enough to repay the loan for 30 months. In this regard, there is no immediate risk for the banks lending to the Adani Group. The group took 33% of its debt from public sector banks, NBFCs Source: Presentation of Adani Group companies before investors after the first quarter Total debt increased by 6.16% in one year, but net debt decreased Total outstanding of domestic banks is Rs 88,100 crores
The group owes Rs 88,100 crores to Indian banks and institutions. This is 36% of the total debt on this corporate group. Out of this, Rs 75,877 crores is term loan, while Rs 12,233 is working capital loan. International capital markets have the largest share of 29% in the total debt on Adani Group companies, which has been raised through bonds. The US regulator has shown strictness on this.
