Jabil signs 50:50 AI venture with Adani before Adani Enterprises stock results

Published on 10/27/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The venture targets AI hardware production in India. October 28 results test Adani Enterprises stock after INR 1,004.69 billion FY26 revenue.

AI venture and reporting dates

Jabil and Adani signed a 50:50 AI hardware MoU on October 13, 2026.
Fiscal year 2026 revenue reached INR 1,004.69 billion, up 2.63 percent year over year.
Adani Enterprises Limited has a market capitalization of INR 3.3 trillion as of October 27, 2026.
The next board meeting is scheduled for October 28, 2026.

Adani Ent, INE423A01024, Illustration mit AI erstellt.

Adani Enterprises stock is heading toward its October 28, 2026 results after the company and Jabil signed a 50:50 memorandum of understanding for an artificial intelligence hardware venture on October 13, 2026. The proposed joint venture would manufacture and assemble AI racks, servers, storage and networking equipment in India, according to Jabil.

AI hardware adds a new leg

The agreement is non-binding and remains subject to definitive contracts, approvals and customary conditions. Its planned manufacturing platform would cover equipment for computing, networking, power distribution and liquid cooling, giving Adani a route further into the physical infrastructure behind data centers.

Jabil said the proposed platform is intended to support multi-gigawatt AI rack capacity. The companies also described India's data center capacity as reaching 5 to 8 gigawatts by 2030, while Adani Group has outlined a USD 100 billion commitment for 5 gigawatts of AI-ready data centers by 2035. Those figures describe the broader opportunity rather than committed revenue for Adani Enterprises.

What will the venture add?

The financial test remains the upcoming reporting date. Adani Enterprises reported fiscal year 2026 revenue of INR 1,004.69 billion, up 2.63 percent from the prior year, while EBITDA was INR 16.464 billion and profit attributable to shareholders was INR 2.222 billion, excluding exceptional items, according to the company's investor-relations information.

Three dates define the setup

On October 7, 2026, the company disclosed investor and analyst interactions. On October 13, 2026, it signed the Jabil MoU. On October 28, 2026, its board is scheduled to consider second-quarter and first-half fiscal year 2027 results, according to the company.

The next two dates are October 28, 2026, for the board meeting and results process, and November 18 and 19, 2026, for investor and analyst meetings in Singapore, as reported by Stockfin.

Market value sets the backdrop

Adani Enterprises was last at INR 2,453.80 on NSE on October 27, 2026 at 2:01 p.m. IST. Its market capitalization was INR 3.3 trillion, with a 52-week range of INR 1,753.00 to INR 3,245.00 on the same date. The upcoming results will show whether the group's established businesses can support its expansion into AI infrastructure.