Adani Ports Expands Global Reach with Completion of NQXT Australia Acquisition

Adani Ports and Special Economic Zone (APSEZ) has completed its all-share acquisition of NQXT Australia, the company said on Tuesday.  

The transaction was announced in April 2025 and has now closed after receiving approvals from majority-of-minority shareholders, stock exchanges, the Reserve Bank of India and Australia’s Foreign Investment Review Board.  

The company confirmed that all regulatory requirements linked to the deal have been met. 

Addition to International Operations 

NQXT will be added to APSEZ’s overseas port assets, which already include terminals in Israel, Colombo and Tanzania.  

The Australian terminal provides exposure to cargo flows linked to Asian markets. APSEZ said the acquisition supports its long-term plan to expand cargo handling outside India and diversify its geographic presence. 

Financial Contribution 

The company expects NQXT to generate EBITDA of about ₹1,350 crore in FY26. This is estimated to form over 6% of APSEZ’s FY26 EBITDA guidance of ₹21,000-22,000 crore. 

According to APSEZ, the terminal operates at an EBITDA margin of around 65%. The acquisition will also add Australian dollar-denominated cash flows to the company’s earnings. 

Terminal Operations and Contracts 

NQXT is located in a resource-rich region of Australia and largely serves Asian customers. The terminal has an existing capacity of 50 million tonnes per annum.  

Of this, nearly 40 million tonnes is supported by long-term take-or-pay contracts, providing volume visibility. APSEZ said the contracts offer stability to the terminal’s operations. 

Capacity Expansion 

APSEZ plans to more than double NQXT’s capacity over time. The company said near-term growth could come from regulatory resets and contract renewals.  

Any expansion will be carried out in phases and will depend on approvals and commercial arrangements, it added. 

Read More: Adani Group Eyes Large-Scale Entry into India’s Hospitality Sector! 

APSEZ Share Price Performance 

As of December 24, 2025, 9:45 am, Adani Ports and Special Economic Zone share price trading at ₹1,501.60, a 0.54% increase from the previous closing price. 

Conclusion 

With the completion of the NQXT Australia acquisition, APSEZ adds another overseas terminal to its portfolio. The asset is expected to contribute to earnings from FY26, with scope for capacity growth in the coming years. 

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