Home / Business and Economy / APSEZ Seals Australian Deal, Ups FY26 Cargo and EBITDA
APSEZ Seals Australian Deal, Ups FY26 Cargo and EBITDA
23 Dec
Summary
- APSEZ finalized Australia's North Queensland Export Terminal acquisition.
- Company raised FY26 EBITDA guidance to ₹22,350-23,350 crore.
- The acquisition supports APSEZ's 2030 goal of handling 1 billion tonnes cargo.
Adani Ports and Special Economic Zone Ltd (APSEZ) announced the completion of its acquisition of Australia's North Queensland Export Terminal (NQXT) on December 23, 2025. This development has prompted APSEZ to enhance its financial projections, raising the FY26 EBITDA guidance to between ₹22,350 crore and ₹23,350 crore, an increase from the previous ₹21,000-22,000 crore range. Expected cargo volumes are also projected to climb to 545-555 million metric tonnes.
The acquisition, initially announced in April 2025, received all necessary regulatory and shareholder approvals, including consent from Australian and Indian authorities. APSEZ issued 14.38 crore equity shares to the seller as part of the transaction. This move significantly strengthens APSEZ's global footprint, complementing its existing international assets and aligning with its long-term objective of managing 1 billion tonnes of cargo annually by 2030.
NQXT, situated in Queensland, is described as a high-quality asset with strong growth potential and stable cash flows, largely operating under take-or-pay contracts. It adds substantial capacity to APSEZ's network along the East-West trade corridor. The terminal, which handled 40 million tonnes in FY25 with A$228 million EBITDA, is expected to contribute immediately to APSEZ's earnings and future volume growth.
