Godrej Agrovet Ltd
GODREJAGROGodrej Agrovet Ltd
GODREJAGROPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
36.66 | 4.97 | 1.32% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
51.94 | 10.32 | 1.45% |
Forecast & Ratings
Detailed Forecast from 5 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Godrej Agrovet Ltd is an agribusiness company. It is engaged in animal feed, oil palm plantations, agrochemicals and poultry
Investor Presentation
View olderPeers
Compare with peersGujarat Ambuja Exports Ltd
Sanstar Ltd
AVT Natural Products Ltd
GRM Overseas Ltd
Fratelli Vineyards Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 3,940.13 | 5,008.64 | 5,245.40 | 6,060.57 | 7,023.80 | 6,356.51 | 8,435.95 | 9,513.16 | 9,653.91 | 9,369.82 | ||||||||||
Raw Materials | 3,030.66 | 3,803.28 | 3,977.86 | 4,618.82 | 5,421.05 | 4,609.16 | 6,451.61 | 7,429.10 | 7,278.78 | 8,522.40 | ||||||||||
Power & Fuel Cost | 64.08 | 76.86 | 85.73 | 101.76 | 126.26 | 116.35 | 146.06 | 172.04 | 176.40 | |||||||||||
Employee Cost | 155.68 | 232.75 | 276.34 | 294.42 | 354.05 | 376.40 | 439.28 | 453.41 | 539.12 | |||||||||||
Selling & Administrative Expenses | 114.18 | 132.68 | 137.39 | 172.88 | 205.29 | 192.27 | 240.75 | 272.27 | 297.50 | |||||||||||
Operating & Other expenses | 89.07 | 227.50 | 265.10 | 263.33 | 378.82 | 408.76 | 380.26 | 524.07 | 567.30 | |||||||||||
EBITDA | 486.46 | 535.57 | 502.98 | 609.36 | 538.33 | 653.57 | 777.99 | 662.27 | 794.81 | 847.42 | ||||||||||
Depreciation/Amortization | 52.38 | 74.66 | 85.92 | 98.17 | 148.07 | 154.00 | 173.34 | 185.47 | 214.29 | 221.55 | ||||||||||
PBIT | 434.08 | 460.91 | 417.06 | 511.19 | 390.26 | 499.57 | 604.65 | 476.80 | 580.52 | 625.87 | ||||||||||
Interest & Other Items | 97.67 | 86.34 | 45.31 | 33.89 | 41.63 | 46.47 | 63.08 | 99.12 | 107.87 | 120.39 | ||||||||||
PBT | 336.41 | 374.57 | 371.75 | 477.30 | 348.63 | 453.10 | 541.57 | 377.68 | 472.65 | 505.48 | ||||||||||
Taxes & Other Items | 75.44 | 125.74 | 142.54 | 148.26 | 42.44 | 139.36 | 138.98 | 75.77 | 112.98 | 109.06 | ||||||||||
Net Income | 260.97 | 248.83 | 229.21 | 329.04 | 306.19 | 313.74 | 402.59 | 301.91 | 359.67 | 396.42 | ||||||||||
EPS | 14.10 | 13.44 | 12.15 | 17.13 | 15.94 | 16.34 | 20.96 | 15.71 | 18.71 | 20.62 | ||||||||||
DPS | 2.22 | 4.50 | 4.50 | 4.50 | 5.50 | 8.00 | 9.50 | 9.50 | 10.00 | 10.00 | ||||||||||
Payout ratio | 0.16 | 0.33 | 0.37 | 0.26 | 0.34 | 0.49 | 0.45 | 0.60 | 0.53 | 0.48 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
Consumer StaplesAgro Products
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Godrej Agrovet Ltd | 40.40 | 4.97 | 1.32% |
Gujarat Ambuja Exports Ltd | 16.80 | 2.09 | 0.28% |
Sanstar Ltd | 34.34 | 9.03 | — |
AVT Natural Products Ltd | 23.39 | 2.65 | 0.98% |
Price Comparison
Compare GODREJAGRO with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 2.01%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.70%
Top 5 Mutual Funds holding Godrej Agrovet Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0991% | Percentage of the fund’s portfolio invested in the stock 0.26% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 166/232 (-26) |
Axis ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4922% | Percentage of the fund’s portfolio invested in the stock 0.20% | Change in the portfolio weight of the stock over the last 3 months 0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 96/98 (-1) |
Motilal Oswal Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3834% | Percentage of the fund’s portfolio invested in the stock 1.97% | Change in the portfolio weight of the stock over the last 3 months 0.26% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 24/48 (+8) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
GODREJAGRO has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 1.33%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.32 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 26, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Jul 26, 2024
Cash Dividend
Ex DateEx DateJul 28, 2023
Dividend/Share
₹9.50
Ex DateEx Date
Jul 28, 2023
Cash Dividend
Ex DateEx DateJul 22, 2022
Dividend/Share
₹9.50
Ex DateEx Date
Jul 22, 2022
Cash Dividend
Ex DateEx DateAug 4, 2021
Dividend/Share
₹8.00
Ex DateEx Date
Aug 4, 2021
Cash Dividend
Ex DateEx DateJul 22, 2020
Dividend/Share
₹5.50
Ex DateEx Date
Jul 22, 2020
Profit before tax for Q2 FY25 increased to Rs 149.90 crore, up 6.49% from Rs 140.76 crore in Q2 FY24. During the quarter, the consolidated EBITDA jumped to Rs 221 crore, registering a growth of 2.9% as compared to Rs 215 crore reported in Q2 FY25. EBITDA margin improved to 9% in the September quarter as against 8.3% recorded in the corresponding quarter previous year. In the animal feed category, the company witnessed marginal de-growth in volumes primarily on account of lower volumes in cattle feed due to lower milk prices. Layer and broiler feed volumes grew sequentially by 21.6% & 2.0% respectively and improved y-o-y by 10.8% & 5.5%, respectively. In the vegetable oil segment, higher realizations in both Crude Palm Oil (CPO) & Palm Kernel Oil (PKO), improved Oil Extraction Ratio (OER) & downstream value added products improved profitability in Q2 FY25 y-o-y. Astec LifeSciences' Topline & profitability was marred by lower realizations in key enterprise products coupled with lower-than-expected volumes in CDMO segment due to cautious approach adopted by CDMO customers. The dairy business Segment revenue was flat y-o-y due to volumes remaining at similar levels. Godrej Tyson Foods revenues declined in Q2 FY25 as compared to Q2 FY24, primarily due to lower volumes in live bird business as GTFL continued to focus on branded business & reduce exposure to live bird business. ACI Godrej Agrovet posted revenue de-growth of 6% year-on-year (in local currency terms) in Q2 FY25 due to economic headwinds in Bangladesh amidst political turmoil and severe floods. B. S. Yadav, managing director, Godrej Agrovet, said, 'Godrej Agrovet continued to deliver robust improvement in profitability with the exception of Astec LifeSciences and Poultry business. EBITDA margins (excluding non-recurring items) improved in Q2 FY25 by around 70 bps and approximately 130 bps excluding Astec as compared to Q2 FY24. All the segments, with the exception of Astec LifeSciences and the Poultry business achieved growth in profitability. Domestic Crop Protection business achieved a significant improvement in segment margins, primarily due to lower doubtful debts & control over fixed costs. Topline declined compared to the previous year due to erratic rainfall across key states which resulted in reduction in spraying opportunities in herbicides category. Animal Feed business also witnessed a remarkable improvement in segment margins due to favorable commodity positions & cost optimization measures. However, the overall volume growth was impacted by subdued growth in cattle feed due to lower milk prices, while the Layer and Broiler feed grew y-o-y & sequentially. Dairy business continued its upward trajectory, with profitability significantly improving compared to Q2 FY24. Consistent operational efficiency improvements and favorable milk spread contributed to this improved performance. In the Vegetable Oil business, higher realizations in respect of end products coupled with an improved Oil Extraction Ratio (OER) led to enhanced segment margins in Q2 FY25 compared to same period previous year, despite lower FFB arrivals. Astec LifeSciences topline & profitability was severely impacted due lower realizations in key enterprise products coupled with lower-than-expected volumes in CDMO segment due to cautious approach adopted by CDMO customers. However, gradual uptick in demand resulted in sequential improvement in performance.' Godrej Agrovet is an agri-business company in India that focuses on research and development to improve the productivity of Indian farmers. It offers a range of products and services to increase crop and livestock yields sustainably. The company is a leader in various sectors, including animal feed, crop protection, oil palm, dairy, poultry, and processed foods.Powered by Capital Market - Live
Net profit of Godrej Agrovet rose 6.57% to Rs 112.30 crore in the quarter ended September 2024 as against Rs 105.38 crore during the previous quarter ended September 2023. Sales declined 4.83% to Rs 2442.68 crore in the quarter ended September 2024 as against Rs 2566.71 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2442.682566.71 -5 OPM %9.147.85 - PBDT208.24193.65 8 PBT149.90140.76 6 NP112.30105.38 7 Powered by Capital Market - Live
Godrej Agrovet will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live
Godrej Agrovet announced that the company proposes to manufacture pet feed from its feed plant in Maharashtra for and on behalf of Godrej Pet Care, a proposed 100% subsidiary of Godrej Consumer Products. The Company intends to enter into definitive Agreement with Godrej Pet Care at an appropriate time and shall intimate the Stock Exchanges accordingly.Powered by Capital Market - Live
Godrej Agrovet gains as Q1 PAT rises 23% YoY to Rs 132 cr
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Godrej Agrovet signs pact to acquire Tyson’s stake in Godrej Tyson Foods
Godrej Agrovet to acquire balance 49% stake in Godrej Tyson Foods
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 9.76%, vs industry avg of 5.81%
Decreasing Market Share
Over the last 5 years, market share decreased from 30.81% to 27.96%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 1.8%, vs industry avg of 2.5%