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Industry · 3 companies

Port Stocks and Companies in India

There are 3 listed Port stocks in India: Adani Ports (₹4.47 lakh crore), JSW Infrastructure (₹78,710 crore) and Gujarat Pipavav Port (₹8,057 crore), at prices of 6 November 2026. 2 of the 3 companies we track are beating the Nifty 500 on share price over recent months.

Port: Adani Ports & Special Economic Zone Ltd owns the largest revenue base AND the fastest current growth.

3Companies every listed company in this industry
₹5.2 lakh crCombined market value all of them together
3/3Revenue growing revenue over the last 12 months up on a year earlier
2/3Beating NIFTY 500 pass the weekly momentum test: 5+ points ahead over 3 months, within 20% of the 52-week high
2 of 3 pass the weekly momentum test (5+ points ahead of the NIFTY 500 over 3 months, within 20% of the 52-week high)

The main question: the lead sits with a few companies, so how long it lasts matters more than the rank.

Start with size. Then the direction of earnings. Then the quality of the business. A share price that leads means more once those three agree.

Which are the biggest Port stocks in India?

The largest Port stocks in India by market value are Adani Ports (₹4.47 lakh crore), JSW Infrastructure (₹78,710 crore) and Gujarat Pipavav Port (₹8,057 crore), at prices of 6 Nov 2026.

Share price | market value | P/E, biggest first. Prices, market values and ratios at the official close of 6 Nov 2026; the score list below uses the weekly figures.

Is there a Nifty Port index, and what is in it?

All 3 listed Indian Marine Port & Services companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Marine Port & Services index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. One large company cannot set the reading.

  1. Adani Ports & Special Economic Zone Ltd₹4.3 lakh cr
  2. JSW Infrastructure Ltd₹80,600 cr
  3. Gujarat Pipavav Port Ltd₹7,810 cr

How many Port companies are listed in India?

3 Port companies in the Marine Port & Services industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 3 are listed below, largest first. The largest is Adani Ports & Special Economic Zone (₹4.35 lakh crore) and the smallest with a market value is Gujarat Pipavav Port.

Every Marine Port & Services company with a page, largest first
CompanyMarket value
1. Adani Ports & Special Economic Zone Ltd ADANIPORTS₹4.35 lakh crore
2. JSW Infrastructure Ltd JSWINFRA₹80,571 crore
3. Gujarat Pipavav Port Ltd GPPL₹7,805 crore

Download all 3 Port companies (CSV)

How have Port stocks moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 15% ahead of NIFTY 500. Earnings across its companies grew 13% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 13 weeks running.

Leader · ahead 13w

Price and the fundamentals both up. 2 of 3 companies pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high).

Ahead of NIFTY 500 on the three-month view for 13 weeks running; 3 of the 3 companies in the industry index above their 200-day average (no change from four weeks earlier); 2 of those 3 pass the momentum test (no change from four weeks earlier); earnings rising at 2 of the 3 that report earnings.

Ahead of NIFTY 500 for 13 weeks running and +22.9% over a year, with 2 → 2 of 3 stocks participating. Earnings confirming, 2 of 3 members have higher trailing twelve-month earnings than a year ago.

1Y

Marine Port & Services against NIFTY 500

Both lines start at 200 in the first week shown

  • Port 228
  • NIFTY 500 183
Marine Port & Services against NIFTY 500
Week endingPortNIFTY 500
14 Nov 2025200200
21 Nov 2025197200
28 Nov 2025199198
5 Dec 2025200196
12 Dec 2025204197
19 Dec 2025206200
26 Dec 2025203200
2 Jan 2026203201
9 Jan 2026198196
16 Jan 2026194190
23 Jan 2026182193
30 Jan 2026184196
6 Feb 2026197195
13 Feb 2026196196
20 Feb 2026194194
27 Feb 2026196188
6 Mar 2026193179
13 Mar 2026179178
20 Mar 2026179176
27 Mar 2026175175
3 Apr 2026175187
10 Apr 2026188191
17 Apr 2026197189
24 Apr 2026196190
1 May 2026198193
8 May 2026206189
15 May 2026200190
22 May 2026202190
29 May 2026205188
5 Jun 2026206189
12 Jun 2026208194
19 Jun 2026213193
26 Jun 2026216195
3 Jul 2026219195
10 Jul 2026218195
17 Jul 2026220192
24 Jul 2026212196
31 Jul 2026207198
7 Aug 2026213197
14 Aug 2026217197
21 Aug 2026219197
28 Aug 2026223195
4 Sep 2026217191
11 Sep 2026222191
18 Sep 2026225189
25 Sep 2026228183
2 Oct 2026226183
9 Oct 2026224186
16 Oct 2026223186
23 Oct 2026212179
30 Oct 2026219183
6 Nov 2026228183

3Y

Marine Port & Services against NIFTY 500

Both lines start at 200 in the first week shown, every 2nd week shown

  • Port 348
  • NIFTY 500 248
Marine Port & Services against NIFTY 500
Week endingPortNIFTY 500
17 Nov 2023200200
24 Nov 2023197203
8 Dec 2023229213
22 Dec 2023225219
5 Jan 2024239221
19 Jan 2024244221
2 Feb 2024262228
16 Feb 2024271228
1 Mar 2024297231
15 Mar 2024278223
29 Mar 2024291234
12 Apr 2024291232
26 Apr 2024293238
10 May 2024279235
24 May 2024304241
7 Jun 2024299249
21 Jun 2024322255
5 Jul 2024349261
19 Jul 2024326260
2 Aug 2024348259
16 Aug 2024338265
30 Aug 2024339269
13 Sep 2024341271
27 Sep 2024344275
11 Oct 2024325269
25 Oct 2024294258
8 Nov 2024302249
22 Nov 2024282257
6 Dec 2024307265
20 Dec 2024290254
3 Jan 2025298252
17 Jan 2025276243
31 Jan 2025255247
14 Feb 2025228235
28 Feb 2025233230
14 Mar 2025244237
28 Mar 2025269241
11 Apr 2025261243
25 Apr 2025267250
9 May 2025263255
23 May 2025281258
6 Jun 2025298265
20 Jun 2025287264
4 Jul 2025295267
18 Jul 2025301266
1 Aug 2025291257
15 Aug 2025284263
29 Aug 2025280259
12 Sep 2025299266
26 Sep 2025298260
10 Oct 2025298265
24 Oct 2025295272
7 Nov 2025303270
21 Nov 2025301272
5 Dec 2025305266
19 Dec 2025313271
2 Jan 2026310272
16 Jan 2026295258
30 Jan 2026280266
13 Feb 2026299265
27 Feb 2026298255
13 Mar 2026273242
27 Mar 2026267238
10 Apr 2026286259
24 Apr 2026299257
8 May 2026314256
22 May 2026308257
5 Jun 2026314256
19 Jun 2026324262
3 Jul 2026334265
17 Jul 2026335260
31 Jul 2026316269
14 Aug 2026331267
28 Aug 2026339264
11 Sep 2026338259
25 Sep 2026347248
9 Oct 2026341253
23 Oct 2026323243
6 Nov 2026348248

5Y

Marine Port & Services against NIFTY 500

Both lines start at 200 in the first week shown, every 4th week shown

  • Port 474
  • NIFTY 500 291
Marine Port & Services against NIFTY 500
Week endingPortNIFTY 500
19 Nov 2021200200
10 Dec 2021206199
7 Jan 2022198208
4 Feb 2022196200
4 Mar 2022176186
1 Apr 2022184204
29 Apr 2022203191
27 May 2022177187
24 Jun 2022166178
22 Jul 2022186190
19 Aug 2022203201
16 Sep 2022214204
14 Oct 2022194200
11 Nov 2022219208
9 Dec 2022212212
6 Jan 2023209203
3 Feb 2023160200
3 Mar 2023207198
31 Mar 2023207196
28 Apr 2023213203
26 May 2023214210
23 Jun 2023218216
21 Jul 2023228226
18 Aug 2023242225
15 Sep 2023256232
13 Oct 2023249231
10 Nov 2023271233
8 Dec 2023313249
5 Jan 2024327259
2 Feb 2024357267
1 Mar 2024406271
29 Mar 2024397274
26 Apr 2024400279
24 May 2024415283
21 Jun 2024440298
19 Jul 2024446305
16 Aug 2024461311
13 Sep 2024465318
11 Oct 2024444315
8 Nov 2024412291
6 Dec 2024419310
3 Jan 2025407296
31 Jan 2025348290
28 Feb 2025317269
28 Mar 2025367283
25 Apr 2025365293
23 May 2025383303
20 Jun 2025392310
18 Jul 2025411311
15 Aug 2025387308
12 Sep 2025408312
10 Oct 2025407311
7 Nov 2025413317
5 Dec 2025416311
2 Jan 2026423319
30 Jan 2026382311
27 Feb 2026407299
27 Mar 2026364278
24 Apr 2026408302
22 May 2026420301
19 Jun 2026442307
17 Jul 2026457305
14 Aug 2026451313
11 Sep 2026462304
9 Oct 2026466296
6 Nov 2026474291

Earnings, each company rebased to 100, the sector takes the median

Latest quarter July to September 2026: 246.0, from 3 companies

Earnings, each company rebased to 100, the sector takes the median
QuarterMedian earnings index
Apr 2022100.0 (2 companies)
Jul 2022111.9 (3 companies)
Oct 2022110.0 (3 companies)
Jan 2023108.9 (3 companies)
Apr 2023130.0 (3 companies)
Jul 2023131.5 (3 companies)
Oct 2023150.0 (3 companies)
Jan 2024152.7 (3 companies)
Apr 2024171.5 (3 companies)
Jul 2024163.9 (3 companies)
Oct 2024156.6 (3 companies)
Jan 2025177.3 (3 companies)
Apr 2025174.9 (3 companies)
Jul 2025213.0 (3 companies)
Oct 2025216.6 (3 companies)
Jan 2026230.0 (3 companies)
Apr 2026249.5 (3 companies)
Jul 2026246.0 (3 companies)

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of its 3 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Are Port stocks outperforming NIFTY 500?

Marine Port & Services has done better than the NIFTY 500 by 21.8% over the last 52 weeks. Over 13 weeks the gap is a lead of 14.4%. Adani Ports & Special Economic Zone Ltd is the strongest against the sector itself at +6.3%. Readings are as of 30 October 2026.

+14.4%Sector vs NIFTY 500 · 13 weeks
+21.8%Sector vs NIFTY 500 · 52 weeks
2 of 3Stocks leading NIFTY 500
2 of 3Stocks leading the sector

Relative-strength score for the industry: 13.3 as of 30 October 2026 (narrowing, rising).

What is the bottom line on Port stocks?

Marine Port & Services has done better than the NIFTY 500 by 21.8% over 52 weeks and by 14.4% over 13 weeks. 2 of 3 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months), and 2 of the 2 with a long enough price history are ahead of the industry itself.

How does each Port stock score?

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Growth & earnings · 35% Capital efficiency · 25% Valuation · 20% Relative strength · 20%

Gujarat Pipavav Port Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 82% evidence confidence.

  1. 1Gujarat Pipavav Port LtdGPPL · breaking out · leading the industry · 82% evidence82.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.7/35 · Revenue 20.3% · PAT 15.8% · OPM change 3 pp · 100% evidenceCapital efficiency 23.0/25 · ROCE 28.1% · OPM 62% · 100% evidenceValuation 17.8/20 · P/E 13.7× · PEG 0.37 · 85% evidenceRelative strength 10.9/20 · RS sector — · RS bench 1.8% · 1Y −4.5% · 25% evidence · 8 of 12 weeks aheadExact sum: 30.7 + 23 + 17.8 + 10.9 = 82.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Adani Ports & Special Economic Zone LtdADANIPORTS · turning · mixed, leaning good · 97% evidence57.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.4/35 · Revenue 22.6% · PAT 14.3% · OPM change 2 pp · 100% evidenceCapital efficiency 14.2/25 · ROCE 14.1% · OPM 60% · 100% evidenceValuation 3.9/20 · P/E 31.5× · PEG 2.77 · 85% evidenceRelative strength 17.7/20 · RS sector 6.3% · RS bench 19.4% · 1Y 27.5% · 100% evidence · 2 of 12 weeks aheadExact sum: 21.4 + 14.2 + 3.9 + 17.7 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3JSW Infrastructure LtdJSWINFRA · leader · mixed, leaning weak · 97% evidence45.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 9.0/35 · Revenue 17% · PAT −8.4% · OPM change −2 pp · 100% evidenceCapital efficiency 14.8/25 · ROCE 13.6% · OPM 46% · 100% evidenceValuation 10.3/20 · P/E 53.5× · PEG 1.38 · 85% evidenceRelative strength 11.0/20 · RS sector 0.5% · RS bench 12.9% · 1Y 9.1% · 100% evidence · 11 of 12 weeks aheadExact sum: 9 + 14.8 + 10.3 + 11 = 45.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
How this score is built, and what the marks mean

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

How have Port share prices moved?

Adani Ports & Special Economic Zone Ltd has the strongest one-year price move in Marine Port & Services at +27.5%. It also leads on relative strength against the NIFTY, at +19.4%. 3 of 3 companies we track are ahead of the index on that measure. Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Marine Port & Services itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

1Y

Price of all 3 companies, each started at 100

52 weekly closes

  • Adani Ports & Special 128
  • JSW Infrastructure 113
  • Gujarat Pipavav Port 89
  • NIFTY 500 92
Price of all 3 companies, each started at 100
Week endingAdani Ports & SpecialJSW InfrastructureGujarat Pipavav PortNIFTY 500
7 Nov 2025100100100100
14 Nov 202510410097100
21 Nov 20251029699101
28 Nov 202510597100100
5 Dec 20251049610298
12 Dec 20251059810599
19 Dec 202510399108100
26 Dec 2025103102102100
2 Jan 2026103102102101
9 Jan 2026999610499
16 Jan 2026989210295
23 Jan 202690929297
30 Jan 202693929198
6 Feb 2026107939798
13 Feb 2026105929998
20 Feb 2026104909897
27 Feb 2026105919994
6 Mar 2026102969290
13 Mar 202694908590
20 Mar 202694908488
27 Mar 202692898188
3 Apr 20269586–94
10 Apr 202610295–96
17 Apr 2026109989095
24 Apr 20261091008695
1 May 2026114978797
8 May 20261221018995
15 May 2026124958495
22 May 2026123988595
29 May 2026125988894
5 Jun 2026126998795
12 Jun 20261251048697
19 Jun 20261271108597
26 Jun 20261241188698
3 Jul 20261291168698
10 Jul 20261261188698
17 Jul 20261271228496
24 Jul 20261221158398
31 Jul 202611711284100
7 Aug 20261171208499
14 Aug 20261171218899
21 Aug 20261171209199
28 Aug 20261181229498
4 Sep 20261181199096
11 Sep 20261221239096
18 Sep 20261261248995
25 Sep 20261241299192
2 Oct 20261201289292
9 Oct 20261221219493
16 Oct 20261211219393
23 Oct 20261181138890
30 Oct 20261281138992
A break or a faint dotted stretch in a line is a week with no recorded close: Gujarat Pipavav Port, 3 Apr 2026 to 10 Apr 2026.

3Y

Price of all 3 companies, each started at 100

156 weekly closes, every 2nd shown

  • Adani Ports & Special 228
  • JSW Infrastructure 156
  • Gujarat Pipavav Port 115
  • NIFTY 500 125
Price of all 3 companies, each started at 100
Week endingAdani Ports & SpecialJSW InfrastructureGujarat Pipavav PortNIFTY 500
10 Nov 2023100100100100
17 Nov 2023100103100101
1 Dec 2023102108102107
15 Dec 2023133114109107
29 Dec 2023126103110111
12 Jan 2024149104119111
26 Jan 2024141102118113
9 Feb 2024157104129114
23 Feb 2024163129154114
8 Mar 2024163123149112
22 Mar 2024158118143115
5 Apr 2024169124157120
19 Apr 2024161118148118
3 May 2024163127153118
17 May 2024165136152121
31 May 2024177139140120
14 Jun 2024176148145127
28 Jun 2024182162151131
12 Jul 2024183167167133
26 Jul 2024190169159134
9 Aug 2024189157166130
23 Aug 2024184153168135
6 Sep 2024178151163134
20 Sep 2024177166157139
4 Oct 2024174163154135
18 Oct 2024173158151131
1 Nov 2024172158144132
15 Nov 2024156143127126
29 Nov 2024147153135132
13 Dec 2024155159139131
27 Dec 2024152159130128
10 Jan 2025137152120123
24 Jan 2025135135109121
7 Feb 2025141127107119
21 Feb 202513312898117
7 Mar 202514113399116
21 Mar 202514615498122
4 Apr 2025141152100116
18 Apr 2025155150103127
2 May 202515614396126
16 May 2025173142104130
30 May 2025176143113130
13 Jun 2025173149115131
27 Jun 2025177156117135
11 Jul 2025176156114134
25 Jul 2025172155116132
8 Aug 2025163146114130
22 Aug 2025165150112130
5 Sep 2025163148109132
19 Sep 2025176165113132
3 Oct 2025175156115132
17 Oct 2025182146115136
31 Oct 2025179143120135
14 Nov 2025186138126137
28 Nov 2025187133129136
12 Dec 2025188135136134
26 Dec 2025183140132136
9 Jan 2026177132134134
23 Jan 2026161126120132
6 Feb 2026191128126133
20 Feb 2026186125127132
6 Mar 2026182132120122
20 Mar 2026168124109120
3 Apr 2026170119–128
17 Apr 2026194135116129
1 May 2026204134112132
15 May 2026221132109129
29 May 2026222136113128
12 Jun 2026223143111132
26 Jun 2026221162111133
10 Jul 2026225163111133
24 Jul 2026218159108134
7 Aug 2026209165109135
21 Aug 2026209165118134
4 Sep 2026210164116131
18 Sep 2026225172116129
2 Oct 2026214176120125
16 Oct 2026216168120127
30 Oct 2026228156115125
A break or a faint dotted stretch in a line is a week with no recorded close: Gujarat Pipavav Port, 3 Apr 2026 to 10 Apr 2026.

5Y

Price of all 3 companies, each started at 100

260 weekly closes, every 4th shown

  • Adani Ports & Special 247
  • JSW Infrastructure 184
  • Gujarat Pipavav Port 145
  • NIFTY 500 142
Price of all 3 companies, each started at 100
Week endingAdani Ports & SpecialJSW InfrastructureGujarat Pipavav PortNIFTY 500
12 Nov 2021100–100100
3 Dec 202198–9298
31 Dec 202197–91100
28 Jan 202295–9099
25 Feb 202293–7592
25 Mar 202299–7396
22 Apr 2022117–7596
20 May 2022102–7688
17 Jun 202289–7084
15 Jul 202297–7292
12 Aug 2022105–75100
9 Sep 2022121–82101
7 Oct 2022109–8296
4 Nov 2022115–81101
2 Dec 2022118–84103
30 Dec 2022109–92100
27 Jan 202380–8296
24 Feb 202375–9595
24 Mar 202385–9893
21 Apr 202388–10097
19 May 202392–102100
16 Jun 2023100–105105
14 Jul 202397–109110
11 Aug 2023107–109109
8 Sep 2023110–125113
6 Oct 2023111100116113
3 Nov 2023106100116112
1 Dec 2023110128129121
29 Dec 2023137121139125
26 Jan 2024153121149128
23 Feb 2024176153194130
22 Mar 2024171139180130
19 Apr 2024175139186134
17 May 2024179161192137
14 Jun 2024191175183144
12 Jul 2024198198211150
9 Aug 2024204185210147
6 Sep 2024192179206152
4 Oct 2024188193195153
1 Nov 2024186187181149
29 Nov 2024159182171150
27 Dec 2024164188163145
24 Jan 2025146159137138
21 Feb 2025144151124132
21 Mar 2025158182124138
18 Apr 2025168177130144
16 May 2025188168132147
13 Jun 2025187176145148
11 Jul 2025191185144152
8 Aug 2025177173143147
5 Sep 2025176175137149
3 Oct 2025189184145150
31 Oct 2025194169152153
28 Nov 2025202158163154
26 Dec 2025198166167155
23 Jan 2026174149151149
20 Feb 2026202147160150
20 Mar 2026182146138136
17 Apr 2026210160146146
15 May 2026239156137147
12 Jun 2026242170140150
10 Jul 2026244192140151
7 Aug 2026226196138153
4 Sep 2026228194147148
2 Oct 2026232208151142
30 Oct 2026247184145142
A break or a faint dotted stretch in a line is a week with no recorded close: Gujarat Pipavav Port, 3 Apr 2026 to 10 Apr 2026.

The NIFTY 500 line is dashed.

Biggest one-year moves

  1. 1Adani Ports & Special Economic Zone LtdADANIPORTS · ₹4.3 lakh cr+27.5%1 year
  2. 2JSW Infrastructure LtdJSWINFRA · ₹80,600 cr+9.1%1 year
  3. 3Gujarat Pipavav Port LtdGPPL · ₹7,810 cr−4.5%1 year

Strongest against NIFTY 500

  1. 1Adani Ports & Special Economic Zone LtdADANIPORTS · ₹4.3 lakh cr+19.4%vs NIFTY 500
  2. 2JSW Infrastructure LtdJSWINFRA · ₹80,600 cr+12.9%vs NIFTY 500
  3. 3Gujarat Pipavav Port LtdGPPL · ₹7,810 cr+1.8%vs NIFTY 500

Strongest against the sector itself

  1. 1Adani Ports & Special Economic Zone LtdADANIPORTS · ₹4.3 lakh cr+6.3%vs sector
  2. 2JSW Infrastructure LtdJSWINFRA · ₹80,600 cr+0.5%vs sector

Why are Port stocks moving?

The full fundamental history shows growth with interruptions, rather than a fresh recovery from losses. Combined profit rose from ₹2,324 crore in 2015 to ₹14,844 crore in 2026, but fell in several intervening years; the earliest years also had fewer reporting companies. In the week of 5 October 2026, 100% of 3 Marine Port & Services companies were beating the Nifty 500, against 33.3% on 25 May 2026.

Marine Port & Services is one of the Top 25 sectors in our latest review.

Marine Port & Services: share of companies beating the Nifty 500, and above their 200-day average

  • Beating the Nifty 500 100%
  • Above the 200-day average 100%
Marine Port & Services: share of companies beating the Nifty 500, and above their 200-day average
WeekBeating the Nifty 500Above the 200-day average
25 May 202633.3%33.3%
1 Jun 202666.7%66.7%
8 Jun 202666.7%66.7%
15 Jun 202666.7%66.7%
22 Jun 202666.7%66.7%
29 Jun 202666.7%66.7%
6 Jul 202666.7%66.7%
13 Jul 202666.7%66.7%
20 Jul 202666.7%66.7%
27 Jul 202666.7%66.7%
3 Aug 202666.7%66.7%
10 Aug 202666.7%66.7%
17 Aug 202666.7%100%
24 Aug 2026100%100%
31 Aug 202666.7%100%
7 Sep 202666.7%100%
14 Sep 202666.7%100%
21 Sep 2026100%100%
28 Sep 2026100%100%
5 Oct 2026100%100%

Each week, the share of Marine Port &

From our industry review of 10 October 2026.

What is changing for Port companies?

Better cargo mix and more business through existing assets are helping several companies, but industry profit margins have fallen over the year. Overseas expansion is already contributing at Adani Ports, while much of the next capacity increase still depends on project delivery and approvals. The changes can last, but their timing is less certain than management goals suggest.

Marine Port & Services: what is changing, company by company
What is changingWhich companiesLasting?
New regions and countriesConfirmed at Adani Ports with operating numbers; JSW's Oman project remains pending.looks lasting
Costs spread over more salesEvidence across all three companies, strongest in Adani's domestic ports, JSW's logistics business and Pipavav's car handling.may be cyclical
Higher-value products and a better mixAdani Ports and Gujarat Pipavav provide direct evidence; JSW reports some cargo benefits that may not repeat.too early to call

From our industry review of 10 October 2026.

What did Port managements say about July to September 2026?

2 of 3 Marine Port & Services companies held a results call for July to September 2026. Adani Ports & Special Economic Zone guided: FY27 revenue ₹44,000-46,000 crore and operating profit ₹26,000-27,000 crore, each raised ₹1,000 crore.

Adani Ports & Special Economic Zone call 28 October 2026

“We are increasing both our revenue and EBITDA expectations by 1,000 crores. We now expect FY27 revenue of 44,000 to 46,000 crores and EBITDA of 26,000 to 27,000 crores.”Ashwani Gupta

Guided: FY27 revenue ₹44,000-46,000 crore and operating profit ₹26,000-27,000 crore, each raised ₹1,000 crore.

JSW Infrastructure call 27 October 2026

“We remain on track to further increase the fleet to at least 110 rakes by March 2027.”Rinkesh Roy, Joint MD and CEO

Guided: Port capacity to 300 mtpa by FY28 and 400 mtpa by FY30.

From the results calls for July to September 2026.

Is money moving into Port stocks? Who is adding capacity?

Big funds, foreign and Indian, raised their stake by 4.4 points over the last two quarters. Founders and promoters cut theirs by 3.9 points.

  • Spending on new plants and equipment was ₹15,271 crore in the last 12 months, 32% more than a year before.
  • Projects still being built grew 17% in a year.

Big funds = foreign and Indian institutions, change in their share of ownership across 3 Marine Port & Services companies, in percentage points.

Ownership and spending as of 10 October 2026.

What to watch next in Port stocks?

The next things that show whether the Marine Port & Services story is on course. First: Adani's post-first-half guidance review and confirmation of Colombo phase-two commencement planned for October.

  • JSW's offshore tank recovery and insurance outcome expected by end October; these dates were goals in the July call, not confirmed achievements.
  • JSW's Keni environmental clearance, remaining rail-rake deliveries and slurry-pipeline completion planned for March 2027.
  • Pipavav's liquid-jetty completion planned for March 2027 and disclosure of concession-renewal terms ahead of September 2028 expiry.
  • A sustained industry price move above its identified range, accompanied by continued earnings growth and strength against NIFTY 500.

From our industry review of 10 October 2026.

Which Port companies have the most revenue, and which grow fastest?

Adani Ports & Special Economic Zone Ltd has the highest Revenue among the 3 Marine Port & Services companies compared here, at ₹42,604 crore. JSW Infrastructure Ltd is next at ₹5,798 crore. The same company also has the highest Revenue growth, at 22.6%. 3 of 3 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Adani Ports & Special Economic Zone Ltd is the largest at ₹42,604 crore, 634.8% ahead of JSW Infrastructure Ltd. Adani Ports & Special Economic Zone Ltd's growth is 22.6% from a ₹42,604 crore base, with 20 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

Adani Ports & Special Economic Zone Ltd · ₹42,604 croreLeader
634.8% versus #2 · JSW Infrastructure LtdGap
8/8 recent comparable periodsPersistence
3/3 companies · 60 observationsCoverage

What this means: Adani Ports & Special Economic Zone Ltd is both the largest and the fastest-growing company here; the growth has to turn into margin and returns before it counts as more than a fast start.

This conclusion weakens if: Adani Ports & Special Economic Zone Ltd's revenue growth slows for two consecutive comparable reports while its operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenue · company comparison

Revenue, by reported quarter

  • Adani Ports & Special Economic Zone ₹11,300 cr
  • JSW Infrastructure ₹1,480 cr
  • Gujarat Pipavav Port ₹339 cr
Revenue, by reported quarter
QuarterAdani Ports & Special Economic ZoneJSW InfrastructureGujarat Pipavav Port
Dec 2021₹3,800 cr₹501 cr₹169 cr
Mar 2022₹5,030 cr₹701 cr₹221 cr
Jun 2022₹4,640 cr₹822 cr₹208 cr
Sep 2022₹5,210 cr₹658 cr₹226 cr
Dec 2022₹4,790 cr₹798 cr₹249 cr
Mar 2023₹5,800 cr₹915 cr₹235 cr
Jun 2023₹6,250 cr₹878 cr₹215 cr
Sep 2023₹6,650 cr₹848 cr₹253 cr
Dec 2023₹6,920 cr₹940 cr₹270 cr
Mar 2024₹6,900 cr₹1,100 cr₹251 cr
Jun 2024₹7,560 cr₹1,010 cr₹246 cr
Sep 2024₹7,070 cr₹1,000 cr₹227 cr
Dec 2024₹7,960 cr₹1,180 cr₹263 cr
Mar 2025₹8,490 cr₹1,280 cr₹252 cr
Jun 2025₹9,130 cr₹1,220 cr₹250 cr
Sep 2025₹9,170 cr₹1,270 cr₹299 cr
Dec 2025₹9,710 cr₹1,350 cr₹292 cr
Mar 2026₹10,700 cr₹1,520 cr₹317 cr
Jun 2026₹10,800 cr₹1,450 cr₹332 cr
Sep 2026₹11,300 cr₹1,480 cr₹339 cr

Revenue growth, by reported quarter

  • Adani Ports & Special Economic Zone 24%
  • JSW Infrastructure 17%
  • Gujarat Pipavav Port 13%
Revenue growth, by reported quarter
QuarterAdani Ports & Special Economic ZoneJSW InfrastructureGujarat Pipavav Port
Dec 2021———
Mar 2022———
Jun 20221.8%—30%
Sep 202248%25%16%
Dec 202226%59%47%
Mar 202315%31%6.3%
Jun 202335%6.8%3.4%
Sep 202328%29%12%
Dec 202345%18%8.4%
Mar 202419%20%6.8%
Jun 202421%15%14%
Sep 20246.3%18%−10%
Dec 202415%26%−2.6%
Mar 202523%17%0.4%
Jun 202521%21%1.6%
Sep 202530%26%32%
Dec 202522%14%11%
Mar 202627%19%26%
Jun 202619%18%33%
Sep 202624%17%13%

3 of 3 companies report revenue, 3 of 3 revenue growth. On every company-comparison chart on this page the five leaders are drawn, level and change on separate charts, and a missing report breaks the line rather than being invented.

Revenue · largest

  1. 1Adani Ports & Special Economic Zone LtdADANIPORTS₹42,600 cr
  2. 2JSW Infrastructure LtdJSWINFRA₹5,800 cr
  3. 3Gujarat Pipavav Port LtdGPPL₹1,280 cr

Revenue growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue, every company
CompanyRevenueRevenue growthReported
Adani Ports & Special Economic Zone Ltd ADANIPORTS₹11,300 cr24%Sep 2026
JSW Infrastructure Ltd JSWINFRA₹1,480 cr17%Sep 2026
Gujarat Pipavav Port Ltd GPPL₹339 cr13%Sep 2026

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

What to watch

Watch the next two reported quarters for growth persistence, margin conversion and whether the leader is gaining share without stretching working capital.

Which Port companies keep the most from each ₹100 of sales?

Gujarat Pipavav Port Ltd has the highest OPM among the 3 Marine Port & Services companies compared here, at 62%. Adani Ports & Special Economic Zone Ltd is next at 60%. The same company also has the highest Margin change, at +3 percentage points. 3 of 3 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Gujarat Pipavav Port Ltd leads both opm at 62% and margin change at +3 percentage points.

Gujarat Pipavav Port Ltd · 62%Leader
3.3% versus #2 · Adani Ports & Special Economic Zone LtdGap
6/8 recent comparable periodsPersistence
3/3 companies · 60 observationsCoverage

What this means: Gujarat Pipavav Port Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

Operating margin · company comparison

OPM, by reported quarter

  • Gujarat Pipavav Port 62%
  • Adani Ports & Special Economic Zone 60%
  • JSW Infrastructure 46%
OPM, by reported quarter
QuarterGujarat Pipavav PortAdani Ports & Special Economic ZoneJSW Infrastructure
Dec 202151%64%26%
Mar 202258%50%41%
Jun 202254%41%54%
Sep 202253%55%52%
Dec 202256%56%47%
Mar 202355%56%52%
Jun 202349%59%51%
Sep 202360%55%53%
Dec 202359%61%51%
Mar 202461%58%53%
Jun 202461%63%51%
Sep 202458%62%52%
Dec 202453%60%50%
Mar 202562%59%50%
Jun 202559%60%47%
Sep 202559%58%48%
Dec 202555%60%48%
Mar 202670%56%51%
Jun 202664%58%47%
Sep 202662%60%46%

Margin change, by reported quarter

  • Gujarat Pipavav Port +3.0 pp
  • Adani Ports & Special Economic Zone +2.0 pp
  • JSW Infrastructure −2.0 pp
Margin change, by reported quarter
QuarterGujarat Pipavav PortAdani Ports & Special Economic ZoneJSW Infrastructure
Dec 2021−4.0 pp−8.0 pp—
Mar 2022−1.5 pp−14.2 pp—
Jun 2022−1.0 pp−7.7 pp—
Sep 2022−2.7 pp−9.1 pp+3.9 pp
Dec 2022+4.6 pp−7.8 pp+20.8 pp
Mar 2023−3.3 pp+6.3 pp+10.6 pp
Jun 2023−5.1 pp+17.7 pp−2.5 pp
Sep 2023+6.8 pp−0.5 pp+1.5 pp
Dec 2023+3.0 pp+5.0 pp+4.0 pp
Mar 2024+6.0 pp+2.0 pp+1.0 pp
Jun 2024+12.0 pp+4.0 pp0.0 pp
Sep 2024−2.0 pp+7.0 pp−1.0 pp
Dec 2024−6.0 pp−1.0 pp−1.0 pp
Mar 2025+1.0 pp+1.0 pp−3.0 pp
Jun 2025−2.0 pp−3.0 pp−4.0 pp
Sep 2025+1.0 pp−4.0 pp−4.0 pp
Dec 2025+2.0 pp0.0 pp−2.0 pp
Mar 2026+8.0 pp−3.0 pp+1.0 pp
Jun 2026+5.0 pp−2.0 pp0.0 pp
Sep 2026+3.0 pp+2.0 pp−2.0 pp

3 of 3 companies report OPM, 3 of 3 margin change.

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

Operating margin, every company
CompanyOPMMargin changeReported
Gujarat Pipavav Port Ltd GPPL62%+3.0 ppSep 2026
Adani Ports & Special Economic Zone Ltd ADANIPORTS60%+2.0 ppSep 2026
JSW Infrastructure Ltd JSWINFRA46%−2.0 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current margin change rather than reversing it.

Which Port companies earn the most profit?

Adani Ports & Special Economic Zone Ltd has the highest Net profit among the 3 Marine Port & Services companies compared here, at ₹13,683 crore. JSW Infrastructure Ltd is next at ₹1,475 crore. Gujarat Pipavav Port Ltd has the highest Profit growth at 15.8%, so level and change sit with different companies.

What the numbers say: Adani Ports & Special Economic Zone Ltd earns the most, ₹13,683 crore of profit over the last 12 months, 827.7% above JSW Infrastructure Ltd. Gujarat Pipavav Port Ltd shows 15.8% growth from a profit base of ₹551 crore. A fast rate from a small base matters less than a large profit that keeps coming.

Adani Ports & Special Economic Zone Ltd · ₹13,683 croreLeader
827.7% versus #2 · JSW Infrastructure LtdGap
8/8 recent comparable periodsPersistence
3/3 companies · 60 observationsCoverage

What this means: Adani Ports & Special Economic Zone Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profit · company comparison

Net profit, by reported quarter

  • Adani Ports & Special Economic Zone ₹3,680 cr
  • JSW Infrastructure ₹328 cr
  • Gujarat Pipavav Port ₹153 cr
Net profit, by reported quarter
QuarterAdani Ports & Special Economic ZoneJSW InfrastructureGujarat Pipavav Port
Dec 2021₹1,480 cr₹94 cr₹45 cr
Mar 2022₹1,190 cr₹18 cr₹74 cr
Jun 2022₹1,090 cr₹190 cr₹59 cr
Sep 2022₹1,740 cr₹31 cr₹72 cr
Dec 2022₹1,340 cr₹116 cr₹84 cr
Mar 2023₹1,140 cr₹302 cr₹97 cr
Jun 2023₹2,120 cr₹322 cr₹68 cr
Sep 2023₹1,760 cr₹256 cr₹92 cr
Dec 2023₹2,210 cr₹254 cr₹116 cr
Mar 2024₹2,020 cr₹329 cr₹66 cr
Jun 2024₹3,110 cr₹297 cr₹110 cr
Sep 2024₹2,410 cr₹374 cr₹75 cr
Dec 2024₹2,520 cr₹336 cr₹99 cr
Mar 2025₹3,020 cr₹516 cr₹112 cr
Jun 2025₹3,310 cr₹390 cr₹104 cr
Sep 2025₹3,120 cr₹369 cr₹161 cr
Dec 2025₹3,040 cr₹365 cr₹108 cr
Mar 2026₹3,310 cr₹424 cr₹142 cr
Jun 2026₹3,650 cr₹358 cr₹148 cr
Sep 2026₹3,680 cr₹328 cr₹153 cr

Profit growth, by reported quarter

  • Adani Ports & Special Economic Zone 18%
  • JSW Infrastructure −11%
  • Gujarat Pipavav Port −5.0%
Profit growth, by reported quarter
QuarterAdani Ports & Special Economic ZoneJSW InfrastructureGujarat Pipavav Port
Dec 2021———
Mar 2022———
Jun 2022−19%—79%
Sep 202280%−69%57%
Dec 2022−9.6%23%87%
Mar 2023−4.4%1,578%31%
Jun 202394%69%15%
Sep 20231.4%726%28%
Dec 202365%119%38%
Mar 202477%8.9%−32%
Jun 202447%−7.8%62%
Sep 202437%46%−18%
Dec 202414%32%−15%
Mar 202550%57%70%
Jun 20256.6%31%−5.5%
Sep 202529%−1.3%115%
Dec 202521%8.6%9.1%
Mar 20269.4%−18%27%
Jun 202610%−8.2%42%
Sep 202618%−11%−5.0%

3 of 3 companies report net profit, 3 of 3 profit growth. The profit growth chart is drawn inside its usual range; a quarter far outside it (often a first quarter after listing or a near-zero base) is marked with an arrow at the edge, with its exact value in the hover card and the table.

Net profit · largest

  1. 1Adani Ports & Special Economic Zone LtdADANIPORTS₹13,700 cr
  2. 2JSW Infrastructure LtdJSWINFRA₹1,480 cr
  3. 3Gujarat Pipavav Port LtdGPPL₹551 cr

Profit growth · fastest growers

All-company data · latest reported quarter

Net profit, every company
CompanyNet profitProfit growthReported
Adani Ports & Special Economic Zone Ltd ADANIPORTS₹3,680 cr18%Sep 2026
JSW Infrastructure Ltd JSWINFRA₹328 cr−11%Sep 2026
Gujarat Pipavav Port Ltd GPPL₹153 cr−5.0%Sep 2026

What to watch

Watch whether the next two comparable periods confirm the current profit growth rather than reversing it.

Which Port companies earn the best return on capital?

Gujarat Pipavav Port Ltd has the highest ROCE among the 3 Marine Port & Services companies compared here, at 28.1%. Adani Ports & Special Economic Zone Ltd is next at 14.1%. The same company also has the highest ROCE change, at +7.3 percentage points. 3 of 3 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Gujarat Pipavav Port Ltd leads ROCE at 28.1%, 14 percentage points above Adani Ports & Special Economic Zone Ltd. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

Gujarat Pipavav Port Ltd · 28.1%Leader
99.3% versus #2 · Adani Ports & Special Economic Zone LtdGap
6/8 recent comparable periodsPersistence
3/3 companies · 49 observationsCoverage

What this means: Gujarat Pipavav Port Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

Return on capital · company comparison

ROCE, by reported quarter

  • Gujarat Pipavav Port 27%
  • Adani Ports & Special Economic Zone 11%
  • JSW Infrastructure 7.8%
ROCE, by reported quarter
QuarterGujarat Pipavav PortAdani Ports & Special Economic ZoneJSW Infrastructure
Dec 2021———
Mar 202212%8.4%7.6%
Jun 2022———
Sep 2022—9.4%10%
Dec 2022——13%
Mar 202315%9.1%14%
Jun 2023——14%
Sep 202316%10%12%
Dec 202321%12%16%
Mar 202418%12%12%
Jun 202421%14%17%
Sep 202419%12%12%
Dec 202419%14%16%
Mar 202518%12%11%
Jun 202522%15%15%
Sep 202519%13%11%
Dec 202525%16%15%
Mar 202623%10%11%
Jun 202629%14%14%
Sep 202627%11%7.8%

ROCE change, by reported quarter

  • Gujarat Pipavav Port +7.3 pp
  • Adani Ports & Special Economic Zone −1.8 pp
  • JSW Infrastructure −3.6 pp
ROCE change, by reported quarter
QuarterGujarat Pipavav PortAdani Ports & Special Economic ZoneJSW Infrastructure
Dec 2021———
Mar 2022———
Jun 2022———
Sep 2022———
Dec 2022———
Mar 2023+3.8 pp+0.7 pp+6.7 pp
Jun 2023———
Sep 2023—+0.8 pp+1.5 pp
Dec 2023——+3.0 pp
Mar 2024+2.9 pp+2.6 pp−2.5 pp
Jun 2024——+2.9 pp
Sep 2024+3.0 pp+1.4 pp+0.1 pp
Dec 2024−1.2 pp+1.8 pp−0.2 pp
Mar 2025−0.1 pp+0.6 pp−0.7 pp
Jun 2025+0.4 pp+1.7 pp−2.2 pp
Sep 2025+0.1 pp+1.3 pp−0.4 pp
Dec 2025+5.8 pp+2.0 pp−1.1 pp
Mar 2026+4.4 pp−2.1 pp−0.2 pp
Jun 2026+7.6 pp−1.0 pp−1.3 pp
Sep 2026+7.3 pp−1.8 pp−3.6 pp

3 of 3 companies report ROCE, 3 of 3 ROCE change.

ROCE · highest

ROCE change · fastest improvers

All-company data · latest reported quarter

Return on capital, every company
CompanyROCEROCE changeReported
Gujarat Pipavav Port Ltd GPPL27%+7.3 ppSep 2026
Adani Ports & Special Economic Zone Ltd ADANIPORTS11%−1.8 ppSep 2026
JSW Infrastructure Ltd JSWINFRA7.8%−3.6 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current roce change rather than reversing it.

How are Port stocks valued against growth and quality?

Gujarat Pipavav Port Ltd has the lowest PEG among the 3 Marine Port & Services companies compared here, at 0.37×. JSW Infrastructure Ltd is next at 1.38×. The same company also has the lowest P/E, at 13.7×. 3 of 3 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Gujarat Pipavav Port Ltd has the lowest comparable PEG at 0.37×, 73.2% below JSW Infrastructure Ltd. That would need today's multiple, the company's own history and steady growth to agree.

Gujarat Pipavav Port Ltd · 0.37×Leader
73.2% versus #2 · JSW Infrastructure LtdGap
0/8 recent comparable periodsPersistence
3/3 companies · 32 observationsCoverage

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG, by reported quarter

  • Gujarat Pipavav Port 0.4
  • JSW Infrastructure 1.4
  • Adani Ports & Special Economic Zone 2.8
PEG, by reported quarter
QuarterGujarat Pipavav PortJSW InfrastructureAdani Ports & Special Economic Zone
Dec 2021——0.6
Mar 2022——0.8
Jun 2022———
Sep 20222.5——
Dec 20221.1——
Mar 20230.3——
Jun 2023——1.4
Sep 20230.4—0.6
Dec 20230.5—0.9
Mar 20241.3—0.6
Jun 20242.9—1.2
Sep 20241.3—1.2
Dec 20242.0—0.7
Mar 2025——0.9
Jun 20253.1—0.8
Sep 2025—1.01.4
Dec 20251.71.41.7
Mar 20260.8—1.4
Jun 20260.6—4.1
Sep 20260.4—2.8

P/E, by reported quarter

  • Gujarat Pipavav Port 14.3×
  • JSW Infrastructure 48.9×
  • Adani Ports & Special Economic Zone 31.0×
P/E, by reported quarter
QuarterGujarat Pipavav PortJSW InfrastructureAdani Ports & Special Economic Zone
Dec 202122.4×—27.3×
Mar 202220.0×—28.7×
Jun 202217.5×—27.4×
Sep 202218.4×—33.7×
Dec 202219.1×—32.1×
Mar 202318.1×—26.0×
Jun 202317.4×—24.8×
Sep 202317.5×—24.1×
Dec 202320.7×59.0×29.6×
Mar 202427.1×45.7×34.6×
Jun 202427.1×59.7×36.0×
Sep 202425.8×65.7×32.9×
Dec 202421.9×54.5×25.8×
Mar 202517.6×50.7×24.0×
Jun 202519.9×47.3×27.6×
Sep 202519.3×42.5×26.4×
Dec 202519.9×37.7×28.6×
Mar 202615.4×32.4×24.4×
Jun 202614.9×43.6×31.9×
Sep 202614.3×48.9×31.0×

3 of 3 companies report PEG, 3 of 3 P/E.

PEG · lowest PEG

P/E · lowest P/E

All-company data · latest reported quarter

Valuation, every company
CompanyPEGP/EReported
Adani Ports & Special Economic Zone Ltd ADANIPORTS2.831.0×Sep 2026
JSW Infrastructure Ltd JSWINFRA1.448.9×Sep 2026
Gujarat Pipavav Port Ltd GPPL0.414.3×Sep 2026

What to watch

Watch whether the next two comparable periods confirm the current p/e rather than reversing it.

Which stock lists do Port companies appear on?

Marine Port & Services companies show up on 8 of our India lists. The most are on the momentum stocks list (2 companies).

What can make this comparison misleading?

This Marine Port & Services comparison names 4 specific ways its own evidence can mislead, all listed below. All 3 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still come from a very small starting figure.

Keep these limits visible

  • A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
  • The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.

How was this comparison built?

This comparison is built from the reported filings of 3 Marine Port & Services companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 30 October 2026.

FundamentalsThrough Sep 2026 · up to 20 quarters per company
Market dataThrough 30 October 2026 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and old evidence lowers confidence and pulls the 0 to 100 score toward the middle.
Source standing3 cross-checked · 0 unverified · 0 withheld, of 3 graded companies.

Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld.

How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree, the figures are simply used. Where there is too little shared history to compare, the figures are still drawn, they are the only evidence there is, and marked unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

What else do people ask about Port stocks?

These 23 answers restate the Marine Port & Services comparison above in question form. Every one is computed from the same 3 companies and the same reported filings as the rankings and charts, current through Sep 2026. Price and relative-strength answers run through 30 October 2026. Nothing here is estimated, and none of it is a recommendation.

Is the Port sector outperforming NIFTY 500?

Marine Port & Services has done better than the NIFTY 500 by 21.8% over 52 weeks and by 14.4% over 13 weeks.

2 of 3 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months), and 2 of the 2 with a long enough price history are ahead of the industry itself.

Which Port company is largest by revenue?

Adani Ports & Special Economic Zone Ltd leads with revenue of ₹42,604 crore, based on 3 of 3 comparable companies through Sep 2026.

Which Port company is growing fastest?

Adani Ports & Special Economic Zone Ltd has the fastest current revenue growth at 22.6%, across 3 of 3 comparable companies.

Which Port company has the strongest 4-Factor Sector Score?

Gujarat Pipavav Port Ltd ranks first at 82.4 out of 100, with 82% of the evidence available. The score ranks published data; it is not a recommendation.

Which Port company has the lowest comparable PEG?

Gujarat Pipavav Port Ltd has the lowest comparable PEG at 0.37, among 3 of 3 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Port comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Sep 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four parts add up directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or old evidence moves only that part toward the middle.

Is there a Nifty Port index?

NSE runs Nifty indices for several broad sectors, such as Nifty Bank, Nifty IT and Nifty Pharma, but not for every smaller group on this site.

Whether or not an official Nifty index covers Marine Port & Services, this page builds its own equal-weight basket of 3 listed Marine Port & Services companies: one company, one vote, whatever its size, so no single large company dominates. Figures are as of Sep 2026.

Which are the best Port stocks in India?

Ranked by this page's four-factor score, Gujarat Pipavav Port Ltd comes first among 3 listed Marine Port & Services companies, followed by Adani Ports & Special Economic Zone Ltd. That is a ranking of published data (earnings, quality, valuation and share-price behaviour as of Sep 2026), not a recommendation.

How many Port stocks are listed in India?

This comparison covers 3 listed Marine Port & Services companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Sep 2026.

Which Port company is the biggest?

Adani Ports & Special Economic Zone Ltd is the largest, with revenue of ₹42,604 crore over the last 12 months, ahead of JSW Infrastructure Ltd at ₹5,798 crore. That covers 3 of 3 companies with comparable reporting through Sep 2026.

Which Port company has the best profit margins?

Gujarat Pipavav Port Ltd has the highest operating margin at 62%, from 3 of 3 comparable companies. Gujarat Pipavav Port Ltd shows the biggest recent improvement, at +3 percentage points. A high margin matters most when it is steady or rising, not when it is at a peak.

Which Port company makes the most profit?

Adani Ports & Special Economic Zone Ltd earns the most, at ₹13,683 crore of net profit over the last 12 months, from 3 of 3 comparable companies.

Gujarat Pipavav Port Ltd has the fastest profit growth at 15.8%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Port company earns the highest return on capital?

Gujarat Pipavav Port Ltd leads on return on capital employed at 28.1%, across 3 of 3 companies. A high return that repeats for years shows a lasting business, while a single high reading can come from a small capital base or one good year.

Which Port stock has the lowest PEG ratio?

On PEG (where a lower number means a lower price for what the company earns), Gujarat Pipavav Port Ltd has the lowest at 0.37×. All 3 companies qualify for the ratio comparison. A low multiple is a reason to look closer at the business, not a conclusion on its own.

Is the Port sector beating the market?

Marine Port & Services has done better than the NIFTY 500 by 21.8% over the last 52 weeks and by 14.4% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of the 3 companies we track are beating the market on their own.

Sector strength does not transfer evenly to every stock in it.

Which Port stock has the strongest price momentum?

Adani Ports & Special Economic Zone Ltd has the strongest relative strength against the NIFTY 500, meaning its share price has done best against the index. A price can move well before the business results back it up, and sometimes without them.

Which Port company has the highest 4-Factor score?

Gujarat Pipavav Port Ltd scores 82.4 out of 100, with 82% of the evidence available, from 30.7 points on growth and earnings, 23 on capital efficiency, 17.8 on valuation and 10.9 on relative strength.

It ranks published data only; management quality, upcoming events and risks are not part of the score.

How many Port companies does this comparison cover, and over what period?

This comparison covers 3 listed companies over up to 20 reported quarters of fundamentals, ending Sep 2026, plus weekly price and relative-strength history. Membership is the full sector list, nothing is dropped for having thin data.

What is the total market cap of the Port sector?

The 3 Marine Port & Services companies on this page carry ₹5,23,240 crore of combined market value. Adani Ports & Special Economic Zone Ltd is the largest at ₹4,34,864 crore, about 83% of the sector's total on its own.

Market value moves with price, so this reading is dated 30 October 2026.

How is the Port sector performing?

2 of the 3 Marine Port & Services companies we track are doing better than the NIFTY 500 on relative strength (how a share price has done against the index over recent months).

The sector itself is 21.8% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 30 October 2026.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing figures are never estimated, copied forward or swapped for a similar-looking line, and a company with missing evidence has its score pulled toward the middle rather than scored as bad.

Is this advice?

No, every figure here is worked out by code from company filings and market data, for research. It does not account for your situation and is not a substitute for advice from a registered adviser.

More lists

Every Sector Alpha list, grouped

Every India sector against its index · What changed this week · Plain-text data
Sector Alpha, written by code from the published numbers · Fundamentals through Sep 2026 · Prices through 30 October 2026. Every ranking is worked out by code from reported figures. Missing values stay missing.

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This is research, not advice. We’re not SEBI-registered.