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Godrej Agrovet Ltd share Price Today

Company details

6M Return 18.42%
1Y Return 7.09%
Mkt Cap.(Cr) 9,995.93
Volume 412,141
Div Yield 1.83%
OI Chg %
Volume 412,141

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Agricultural Products company Godrej Agrovet announced Q2FY24 & H1FY24 results:

  • Q2FY24:
    • The Company reported consolidated revenues from operations of Rs 2,570.9 crore in Q2FY24 as compared to Rs 2,445.3 crore in Q2FY23, a growth of 5% YoY
    • Q2FY24 consolidated EBITDA increased to Rs 214.6 crore from Rs 159.1 crore in Q2FY23, a growth of 35% YoY
    • Q2FY24 Profit before tax increased to Rs 133.8 crore from Rs 87.3 crore in Q2FY23, a growth of 53% YoY
  • H1FY24:
    • The Company reported consolidated revenues from operations of Rs 5,081.1 crore in H1FY24 as compared to Rs 4,955.2 crore in H1FY23, a growth of 3% YoY
    • H1FY24 consolidated EBITDA increased to Rs 421.4 crore from Rs 328.4 crore in H1FY23, a growth of 28% YoY
    • H1FY24 Profit before tax increased to Rs 258.3 crore from Rs 190.1 crore in H1FY23, a growth of 36% YoY

Commenting on the performance, B. S. Yadav, Managing Director, Godrej Agrovet, said, Godrej Agrovet continued to deliver robust improvement in profitability with a solid 53% year-on-year growth in profit before tax in Q2FY24. While revenues grew by 5% YoY, EBITDA margin improved by ~180 bps in Q2FY24 as compared to the same period last year. All the segments, with the exception of Astec LifeSciences, achieved growth in profitability.

Buoyed by upbeat volume growth as well as realizations in the in-licensed portfolio, domestic Crop Protection business successfully maintained consistent performance in the second quarter. Despite erratic rainfall in India, domestic Crop Protection business achieved an excellent growth of 53% in topline and 149% in segment results. Our food businesses continued to deliver healthy volume growth in branded products along with sustainable margin expansion. Poultry business recorded exceptional profitability in Q2FY24 in an otherwise seasonally weak quarter. Better operational efficiencies in live bird operations coupled with 14% YoY volume growth in branded business boosted profitability. Dairy business performance continued to improve sequentially and achieved EBIT breakeven in Q2FY24. This was primarily driven by lower procurement costs, operational efficiencies and a rising share of value-added products."



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Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Godrej Agrovet Ltd Stocks COMPARISION


Equity Capital: 2,337.53 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 20,486.67 41,311.63
LAST 3M 59,182.99 18,817.17
LAST 6M 99,630.35 93,158.70
LAST 12M 166,983.77 138,194.89

Godrej Agrovet Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Godrej Agrovet Limited is an India-based company engaged in diversified agribusiness. The company’s primary business activities include manufacturing and marketing animal feed, crop protection, palm oil, poultry, milk products, and processed food products. The company was incorporated on 25 November 1991 as a non-government company in Gujarat. As of 2 November 2022, the market capitalisation of the company stood at Rs 9,615.

    The company is registered on NSE and the BSE under the codes GODREJAGRO and 540743, respectively.

    The segments in which the company operates include vegetable oil, animal feed, dairy, poultry, crop protection, processed food, and real estate. The animal feed business of the company includes cattle, poultry, aqua, and speciality feed products. The palm oil business of the company includes products such as crude palm oil, crude palm kernel oil, and palm kernel cake. The crop protection business of the company includes products such as plant growth regulators, organic manures, and bioimplants. The subsidiaries of the company include Godrej Tyson Foods Limited, Godrej Agrochem Limited, Astec LifeSciences Limited, and Creamline Dairy Products Limited.

    In September 2022, the shareholding pattern of the company reflected that promoters held a 74.07% stake in the company, a 19.17% stake was held by retail investors, a 2.87% stake was held by domestic institutions, a 2.25% stake was invested in mutual funds, and foreign institutional investors held the remaining 1.64% stake. The company’s management team comprises Mr Nadir B Godrej (chairman), Mr Balram S Yadav (managing director), Mr Jamshyd N Godrej (non-executive and non-independent director), Mr Tanya A Dubash (non-executive and non-independent director), and Ms Nisaba Godrej (non-executive and non-independent director), among others.

    On 2 November 2022, Godrej Agrovet Limited’s shares were trading at Rs 503.85 per share at the NSE and Rs 504.23 per share at the BSE at the market opening. The 52-week high and 52-week low prices of this share at the NSE were Rs 636.25 and Rs 441.00, respectively. Godrej Agrovet Limited shares have given a one-year return of -17.03% and a six-month return of -6.98%. The top peers of the company include Century Plyboard, Tube Investments, Gujarat Gas, Nestle, Britannia, and Adani Wilmar.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

3rd Flr Pirojshanagar, Eastern Exp Highway Vikhroli(E, Mumbai, Maharashtra, 400079

Tel : 91-22-25194416
Email : gavlinvestors:godrejagrovet.com
Website : http://www.godrejagrovet.com

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540743
Book Closure Date (Month) :
BSE Group : A
ISIN : INE850D01014

FAQ’s on Godrej Agrovet Ltd Shares

You can buy Godrej Agrovet Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Godrej Agrovet Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 08, 2023 03:59 PM the closing price of Godrej Agrovet Ltd was ₹ 520.05.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 08, 2023 03:59 PM, the market cap of Godrej Agrovet Ltd stood at ₹ 9,995.93.

The latest PE ratio of Godrej Agrovet Ltd as of Dec 08, 2023 03:59 PM is 27.92

The latest PB ratio of Godrej Agrovet Ltd as of Dec 08, 2023 03:59 PM is 0.24

The 52-week high of Godrej Agrovet Ltd is ₹ 530.45 while the 52-week low is ₹ 390.85

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