📊 Financial Performance Highlights
Q2 FY25 (H1 2024–25)
Revenue: ₹14,460 cr (+18% YoY)
Net profit: ₹311 cr vs. prior-year loss of ₹131 cr
H1 Operating EBITDA: ₹1,232 cr (+349% YoY); PAT ₹624 cr
Concall Analysis - read conference calls
+5
Angel One
+5
ICICI Direct
+5
Q3 FY25 (Quarter ended Dec 2024)
Revenue: ₹16,859 cr (+31% YoY)
PAT: ₹411 cr (+105% YoY); EBITDA ₹792 cr (+57% YoY)
Moneycontrol
+2
Business Today
+2
Concall Analysis - read conference calls
+2
Key growth drivers:
Edible oils: Volume +4–6% YoY; Rev. +38–39%
Foods & FMCG: Volume +22–23%, Rev. +22–34%
E‑commerce/QC channels surged ~41%
Reddit
+12
Business Today
+12
ICICI Direct
+12
Business Today
+3
Moneycontrol
+3
ICICI Direct
+3
Q4 FY25 (Quarter ended Mar 2025)
Volume growth: +7% YoY across businesses
FY revenue: ~₹62,000 cr (+26% YoY)
Foods & FMCG segment reached ~₹6,150–6,273 cr for FY + strong rural expansion
Rebranding to AWL Agri Business effective March 17, 2025
Business Today
+2
Business Standard
+2
HospiBuz
+2
HospiBuz
🌍 Strategic & Operational Drivers
Rural expansion: From ~5K towns in 2022 to >43K by Dec 2024; aimed >50K by FY25
Business Standard
+4
Angel One
+4
Business Today
+4
Diversification: Rising share from foods & FMCG (~11–44% of revenues depending on metrics), personal care, and industrial products
Wikipedia
+7
Reddit
+7
Business Today
+7
E-commerce push: QC platforms (Blinkit, Zepto) and HORECA segment scaling up
Angel One
+2
Reuters
+2
Business Standard
+2
Commodity tailwinds: Benefits from edible oil price cycles have improved margins
ICICI Direct
+11
Concall Analysis - read conference calls
+11
Business Standard
+11
Corporate cleanup: Exit from Adani Group post-US legal noise; simplifies ownership & governance
Business Today
+3
Financial Times
+3
Reuters
+3
⚖️ Strengths vs. Risks
Strengths Risks / Challenges
Market leader in edible oils Commodity price volatility
Rapid rural & e‑com expansion Competitive, low-margin category
Diversified revenue base Reputational overhang from Adani exit
Strong financial rebound post-loss Execution risks in new ventures
Global JV benefits ESG concerns—deforestation & labor
Moneycontrol
Angel One
+2
Reuters
+2
Concall Analysis - read conference calls
+2
Financial Times
Adani Wilmar
Wikipedia
🧭 Outlook & Analyst Sentiment
Management is guiding for ~10% volume growth next year, with edible oils +6% and >20% food/FMCG growth
Reuters
+1
Business Standard
+1
Nuvama projects ~64% upside based on execution; emphasizes long‑term potential in foods/FMCG category
Business Today
Analysts view the exit from Adani as a de-risking, enabling sharper focus and better valuation transparency
✅ Summary
AWL Agri Business (ex-Adani Wilmar) stands as a formidable FMCG player with robust top-line growth (20–30% YoY), strong profitability, and ambitious rural and e-commerce expansion. While commodity swings and reputational risks remain, the company has successfully pivoted toward branded foods, diversified its portfolio, and streamlined corporate structure.
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. Investing in the stock market involves risk, and past performance is not indicative of future results. Please consult with a certified financial advisor or conduct your own research before making any investment decisions. We are not responsible for any losses incurred as a result of using this information. Stock market investments are subject to market risks; read all related documents carefully.
Q2 FY25 (H1 2024–25)
Revenue: ₹14,460 cr (+18% YoY)
Net profit: ₹311 cr vs. prior-year loss of ₹131 cr
H1 Operating EBITDA: ₹1,232 cr (+349% YoY); PAT ₹624 cr
Concall Analysis - read conference calls
+5
Angel One
+5
ICICI Direct
+5
Q3 FY25 (Quarter ended Dec 2024)
Revenue: ₹16,859 cr (+31% YoY)
PAT: ₹411 cr (+105% YoY); EBITDA ₹792 cr (+57% YoY)
Moneycontrol
+2
Business Today
+2
Concall Analysis - read conference calls
+2
Key growth drivers:
Edible oils: Volume +4–6% YoY; Rev. +38–39%
Foods & FMCG: Volume +22–23%, Rev. +22–34%
E‑commerce/QC channels surged ~41%
+12
Business Today
+12
ICICI Direct
+12
Business Today
+3
Moneycontrol
+3
ICICI Direct
+3
Q4 FY25 (Quarter ended Mar 2025)
Volume growth: +7% YoY across businesses
FY revenue: ~₹62,000 cr (+26% YoY)
Foods & FMCG segment reached ~₹6,150–6,273 cr for FY + strong rural expansion
Rebranding to AWL Agri Business effective March 17, 2025
Business Today
+2
Business Standard
+2
HospiBuz
+2
HospiBuz
🌍 Strategic & Operational Drivers
Rural expansion: From ~5K towns in 2022 to >43K by Dec 2024; aimed >50K by FY25
Business Standard
+4
Angel One
+4
Business Today
+4
Diversification: Rising share from foods & FMCG (~11–44% of revenues depending on metrics), personal care, and industrial products
Wikipedia
+7
+7
Business Today
+7
E-commerce push: QC platforms (Blinkit, Zepto) and HORECA segment scaling up
Angel One
+2
Reuters
+2
Business Standard
+2
Commodity tailwinds: Benefits from edible oil price cycles have improved margins
ICICI Direct
+11
Concall Analysis - read conference calls
+11
Business Standard
+11
Corporate cleanup: Exit from Adani Group post-US legal noise; simplifies ownership & governance
Business Today
+3
Financial Times
+3
Reuters
+3
⚖️ Strengths vs. Risks
Strengths Risks / Challenges
Market leader in edible oils Commodity price volatility
Rapid rural & e‑com expansion Competitive, low-margin category
Diversified revenue base Reputational overhang from Adani exit
Strong financial rebound post-loss Execution risks in new ventures
Global JV benefits ESG concerns—deforestation & labor
Moneycontrol
Angel One
+2
Reuters
+2
Concall Analysis - read conference calls
+2
Financial Times
Adani Wilmar
Wikipedia
🧭 Outlook & Analyst Sentiment
Management is guiding for ~10% volume growth next year, with edible oils +6% and >20% food/FMCG growth
Reuters
+1
Business Standard
+1
Nuvama projects ~64% upside based on execution; emphasizes long‑term potential in foods/FMCG category
Business Today
Analysts view the exit from Adani as a de-risking, enabling sharper focus and better valuation transparency
✅ Summary
AWL Agri Business (ex-Adani Wilmar) stands as a formidable FMCG player with robust top-line growth (20–30% YoY), strong profitability, and ambitious rural and e-commerce expansion. While commodity swings and reputational risks remain, the company has successfully pivoted toward branded foods, diversified its portfolio, and streamlined corporate structure.
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. Investing in the stock market involves risk, and past performance is not indicative of future results. Please consult with a certified financial advisor or conduct your own research before making any investment decisions. We are not responsible for any losses incurred as a result of using this information. Stock market investments are subject to market risks; read all related documents carefully.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.