ALFA Finder
| Market Cap | ₹3,67,383.5 CrLarge Cap |
|---|---|
| PE Ratio TTM | 64.03Sector 46.77 |
| 1-Year Change | 18.11%Price Growth |
| RSI Day | 51.94Neutral Zone |
Key highlights
- Kutch Copper and Codelco to partner for exploration at the Kaburkaala project in northern Chile
- Project is situated in the prolific Calama copper belt of the Antofagasta Region
- MoU aims to link Chilean copper resources with Adani's integrated smelter in Mundra, India
- Adani to contribute capital and technology-led exploration expertise to the venture
- Partnership reinforces India-Chile cooperation in securing critical mineral supply chains
Global Resource Integration for Mundra Smelter
Adani Enterprises is aggressively building an integrated globally diversified copper value chain by linking upstream resources in Chile with its downstream operations in India. The proposed partnership with Codelco, the world's largest copper producer, is designed to secure long-term access to copper, a mineral essential for global energy transition and electrification. This resource security supports Kutch Copper Limited’s development of one of the world’s largest single-location custom copper smelter complexes at Mundra, Gujarat.
The facility is being built with high ESG standards and state-of-the-art digitalisation to bolster India’s self-reliance in critical metals, directly feeding into the nation's renewable energy and advanced manufacturing sectors.
Strategic Context of Adani's 2026 Partnerships
This Chilean venture follows a series of high-value strategic announcements by Adani Enterprises throughout 2026. On October 13, 2026, the company signed a non-binding MoU with Jabil Inc. to establish a 50:50 joint venture for AI and data centre hardware manufacturing.
Earlier in July 2026, the group announced a massive ₹108,000.00 crore MoU with International Resources Holding for an integrated aluminium project in Odisha. These moves, combined with the new Codelco partnership, highlight a broader corporate strategy focused on securing critical raw materials and expanding the order book, which recently saw the addition of a 240 MW hyperscale data centre contract.
The Kaburkaala Exploration Framework
- Focuses on the Kaburkaala project in the Antofagasta Region, a premier global copper district
- Sets terms for a potential exploration partnership and joint risk-sharing
- Combines Codelco’s deep geological knowledge with Adani’s project execution capability
- Aims to accelerate the development of copper projects with high growth potential
- Emphasises responsible exploration and high standards of environmental stewardship
Long-Term Investment in Resource Security
Critical resources, led by copper, are at the very heart of our future transformation. More than just a mining asset, we view this strategic partnership as a long-term investment in India's future. By securing robust access to global copper resources, we are building supply chain resilience for the critical industries driving our nation's growth—spanning renewable energy, advanced manufacturing, infrastructure, and technology.
| Date | Announcement | Amount |
|---|---|---|
| 13 Oct 2026 | Non-binding MoU signed with Jabil Inc. to establish a 50:50 joint venture to manufacture AI and data centre hardware in IndiaSource: BSE filing | – |
| 02 Jul 2026 | MoU signed with International Resources Holding (an IHC Group company) to form a 50:50 joint venture for an integrated greenfield aluminium project in OdishaSource: adani.com | ₹108,000.00 Cr |
| 03 Feb 2026 | Strategic partnership MoU signed between Adani Defence & Aerospace and Leonardo to establish a helicopter manufacturing ecosystem in IndiaSource: adani.com | – |
| 27 Jan 2026 | Strategic partnership MoU signed between Adani Defence & Aerospace and Embraer to establish a regional transport aircraft ecosystem in IndiaSource: embraer.com | – |
| 14 Oct 2025 | Partnership between joint venture AdaniConneX and Google to develop an AI data centre campus and clean energy infrastructure in VisakhapatnamSource: NSE filing | – |
| 18 May 2025 | Binding collaboration agreement signed between Adani Defence & Aerospace and Sparton to manufacture and assemble anti-submarine warfare sonobuoys in IndiaSource: adani.com | – |
What to watch next
- Board meeting to approve Q3 FY27 financial results: January 28, 2027
- Final tranche completion of ₹9,825 crore equity investment in Adani Airport Holdings: July 2027
- Further developments regarding the 50:50 AI hardware manufacturing JV with Jabil Inc.
“This MoU represents an important step in the work we have carried out with Adani over the past year. This process demonstrates Codelco’s ability to attract world-class partners and create value from its exploration portfolio, while safeguarding the long-term interests of the company and the State of Chile.”
| Share price | ₹2714.5 |
|---|---|
| Market capitalisation | ₹3.67L Cr |
| Revenue (annual) | ₹1.00L Cr |
| Net profit (annual) | ₹9,339.47 Cr |
| Revenue (latest quarter) | ₹37,215.62 Cr+13.03% vs previous quarter |
| Net profit (latest quarter) | ₹1,492.04 Cr+228.60% vs previous quarter |
| P/E (TTM) | 64.03×Sector 46.77× |
| Promoter holding | 71.97%-2.87% QoQ |
| FII holding | 10.66%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Adani Enterprises Limited announcing a media release regarding the strategic MoU with Codelco. Market figures from a third-party data provider.
