On proforma basis, FY26 EBITDA guidance now at ₹22,350-23,350Cr from ₹21,000-22,000 Cr; cargo volume at 545 MMT-555 MMT from 505 MMT-515 MMT
DBT Bureau
Pune, 23 Dec 2025
Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest Integrated Transport Utility, has successfully completed the acquisition of 100% interest in NQXT Australia pursuant to completion of all condition precedents, including approvals from ‘majority of minority’ shareholders, Reserve Bank of India, Foreign Investment Review Board of Australia, amongst others. APSEZ has allotted 14,38,20,153 equity shares of face value ₹2 each to the seller, Carmichael Rail and Port Singapore Holdings Pte Ltd on a preferential basis.
“Closure of NQXT’s acquisition is a significant milestone in APSEZ’s growth trajectory towards 1 billion metric tonne cargo by 2030”, said Ashwani Gupta, Whole-time Director & CEO, APSEZ. “NQXT is an excellent asset with distinct geographical advantages, strong growth prospects, and an enviable sustainability track record. NQXT will enhance our presence along the East-West trade corridor along with our other international ports in Israel, Colombo and Tanzania. I am delighted to welcome NQXT to the APSEZ family and look forward to strengthening our impact on the global trade landscape”.
NQXT is a high-growth, cash generating asset, driven primarily by take-or-pay contracts with customers. During FY25, NQXT had a contracted capacity of 40 million tonnes and delivered A$ 228mn EBITDA (on proforma basis, NQXT represents 6% and 7% of APSEZ’s FY25 revenue and EBITDA respectively).
