About
Godrej Agrovet Limited, an agri-business company, provides products and services that enhance crop and livestock yields in India and internationally. The company operates through Animal Feed, Vegetable Oil, Crop Protection, Dairy, Poultry and Processed Food, and Other segments. It offers animal feed, such as cattle, poultry, and aqua feed. The company also engages in the oil palm cultivation with approximately 75,000 hectares of plantations across Andhra Pradesh, Telangana, Tamil Nadu, Goa, Maharashtra, and Mizoram producing crude palm oil, crude palm kernel oil, and palm kernel cake. In addition, it produces and markets crop protection products, including plant growth regulators, bio-stimulants, herbicides, insecticides, fungicides, and fertilizers and organic manures. Further, the company manufactures and markets processed poultry and vegetarian products under the Real Good Chicken name; vegetarian and non-vegetarian ready-to-cook products under the Yummiez name; and processed food and milk and milk products under the Godrej Jersey brand. Additionally, it produces agrochemical active ingredients, bulk and formulations, and pharmaceutical intermediates. The company was incorporated in 1991 and is based in Mumbai, India. Godrej Agrovet Limited is a subsidiary of Godrej Industries Limited.
Key Metrics
as of Sep 2026Market Cap12,411 Cr
P/E26.40
Div Yield1.71 %
Book Value₹106.00
52w High₹763.00
52w Low₹506.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,205.00 | 1,668.00 | 2,070.00 | 2,000.00 | 2,007.00 | 1,550.00 | 1,869.00 | 1,848.00 | 1,741.00 | 1,497.00 | 1,820.00 | 1,951.00 | 1,820.00 |
| Expenses | 1,978.00 | 1,562.00 | 1,858.00 | 1,804.00 | 1,748.00 | 1,420.00 | 1,674.00 | 1,627.00 | 1,527.00 | 1,407.00 | 1,659.00 | 1,776.00 | 1,669.00 |
| Operating Profit | 228.00 | 105.00 | 212.00 | 196.00 | 259.00 | 130.00 | 195.00 | 222.00 | 214.00 | 90.00 | 161.00 | 174.00 | 151.00 |
| OPM % | 10.00 | 6.00 | 10.00 | 10.00 | 13.00 | 8.00 | 10.00 | 12.00 | 12.00 | 6.00 | 9.00 | 9.00 | 8.00 |
| Other Income | 64.00 | 24.00 | -7.00 | 90.00 | 12.00 | 3.00 | 76.00 | 12.00 | 18.00 | 7.00 | 11.00 | 46.00 | 12.00 |
| Depreciation | 31.00 | 32.00 | 32.00 | 32.00 | 32.00 | 31.00 | 31.00 | 31.00 | 30.00 | 32.00 | 29.00 | 29.00 | 30.00 |
| Interest | 18.00 | 16.00 | 23.00 | 27.00 | 20.00 | 16.00 | 22.00 | 27.00 | 19.00 | 13.00 | 14.00 | 17.00 | 18.00 |
| Profit before tax | 242.00 | 81.00 | 150.00 | 226.00 | 219.00 | 87.00 | 218.00 | 175.00 | 183.00 | 51.00 | 129.00 | 174.00 | 115.00 |
| Tax % | 24.00 | 21.00 | 23.00 | 22.00 | 23.00 | 22.00 | 24.00 | 24.00 | 25.00 | 29.00 | 24.00 | 22.00 | 25.00 |
| Net Profit | 184.00 | 65.00 | 116.00 | 177.00 | 169.00 | 68.00 | 166.00 | 132.00 | 136.00 | 36.00 | 98.00 | 136.00 | 86.00 |
| EPS in Rs | 9.54 | 3.37 | 6.01 | 9.21 | 8.78 | 3.54 | 8.64 | 6.86 | 7.09 | 1.90 | 5.12 | 7.09 | 4.48 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,744.00 | 7,009.00 | 7,088.00 | 6,884.00 | 6,183.00 | 4,413.00 | 5,119.00 | 4,337.00 | 3,675.00 | 3,618.00 | 3,366.00 | 3,307.00 |
| Expenses | 6,972.00 | 6,244.00 | 6,509.00 | 6,462.00 | 5,692.00 | 4,040.00 | 4,697.00 | 4,007.00 | 3,336.00 | 3,293.00 | 3,074.00 | 3,036.00 |
| Operating Profit | 772.00 | 766.00 | 579.00 | 423.00 | 491.00 | 373.00 | 422.00 | 330.00 | 339.00 | 325.00 | 292.00 | 270.00 |
| OPM % | 10.00 | 11.00 | 8.00 | 6.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 9.00 | 9.00 | 8.00 |
| Other Income | 119.00 | 105.00 | 74.00 | 130.00 | 105.00 | 101.00 | 41.00 | 58.00 | 28.00 | 72.00 | 54.00 | 85.00 |
| Interest | 86.00 | 83.00 | 63.00 | 64.00 | 42.00 | 36.00 | 24.00 | 22.00 | 32.00 | 68.00 | 91.00 | 65.00 |
| Depreciation | 128.00 | 124.00 | 121.00 | 100.00 | 93.00 | 85.00 | 80.00 | 59.00 | 53.00 | 49.00 | 44.00 | 37.00 |
| Profit before tax | 676.00 | 663.00 | 470.00 | 389.00 | 460.00 | 353.00 | 359.00 | 307.00 | 281.00 | 281.00 | 211.00 | 253.00 |
| Tax % | 22.00 | 24.00 | 24.00 | 22.00 | 22.00 | 21.00 | 18.00 | 32.00 | 32.00 | 26.00 | 24.00 | 24.00 |
| Net Profit | 526.00 | 503.00 | 357.00 | 304.00 | 360.00 | 279.00 | 293.00 | 208.00 | 191.00 | 208.00 | 160.00 | 193.00 |
| EPS in Rs | 27.36 | 26.14 | 18.58 | 15.80 | 18.75 | 14.53 | 15.27 | 10.83 | 9.94 | 11.23 | 17.30 | 20.82 |
| Dividend Payout % | 40.00 | 42.00 | 54.00 | 60.00 | 51.00 | 55.00 | 36.00 | 42.00 | 45.00 | 40.00 | 26.00 | 124.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 192.00 | 192.00 | 192.00 | 192.00 | 192.00 | 192.00 | 192.00 | 192.00 | 192.00 | 185.00 | 93.00 | 93.00 |
| Reserves | 2,703.00 | 2,381.00 | 2,067.00 | 1,890.00 | 1,771.00 | 1,564.00 | 1,386.00 | 1,199.00 | 1,097.00 | 717.00 | 605.00 | 499.00 |
| Borrowings | 862.00 | 632.00 | 689.00 | 841.00 | 1,038.00 | 729.00 | 410.00 | 111.00 | 217.00 | 483.00 | 1,224.00 | 685.00 |
| Other Liabilities | 2,052.00 | 1,167.00 | 959.00 | 823.00 | 825.00 | 749.00 | 1,255.00 | 1,383.00 | 1,060.00 | 1,008.00 | 462.00 | 418.00 |
| Total Liabilities | 5,810.00 | 4,372.00 | 3,907.00 | 3,746.00 | 3,826.00 | 3,233.00 | 3,243.00 | 2,885.00 | 2,565.00 | 2,394.00 | 2,383.00 | 1,694.00 |
| Fixed Assets | 1,256.00 | 1,299.00 | 1,296.00 | 1,175.00 | 1,003.00 | 1,017.00 | 906.00 | 834.00 | 690.00 | 700.00 | 682.00 | 531.00 |
| CWIP | 181.00 | 38.00 | 22.00 | 63.00 | 62.00 | 15.00 | 121.00 | 63.00 | 114.00 | 30.00 | 37.00 | 138.00 |
| Investments | 2,167.00 | 1,287.00 | 772.00 | 755.00 | 686.00 | 596.00 | 592.00 | 547.00 | 532.00 | 506.00 | 482.00 | 149.00 |
| Other Assets | 2,206.00 | 1,749.00 | 1,818.00 | 1,753.00 | 2,074.00 | 1,605.00 | 1,624.00 | 1,441.00 | 1,228.00 | 1,158.00 | 1,183.00 | 875.00 |
| Total Assets | 5,810.00 | 4,372.00 | 3,907.00 | 3,746.00 | 3,826.00 | 3,233.00 | 3,243.00 | 2,885.00 | 2,565.00 | 2,394.00 | 2,383.00 | 1,694.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,315.00 | 809.00 | 593.00 | 734.00 | 16.00 | -100.00 | 58.00 | 363.00 | 241.00 | 801.00 | 43.00 | 69.00 |
| Cash from Investing Activity | -967.00 | -465.00 | -152.00 | -210.00 | -136.00 | -53.00 | -183.00 | -129.00 | -170.00 | -50.00 | -421.00 | -132.00 |
| Cash from Financing Activity | -86.00 | -358.00 | -416.00 | -531.00 | 106.00 | 154.00 | 143.00 | -232.00 | -97.00 | -734.00 | 386.00 | -38.00 |
| Net Cash Flow | 262.00 | -15.00 | 25.00 | -7.00 | -14.00 | 1.00 | 18.00 | 1.00 | -26.00 | 18.00 | 8.00 | -101.00 |
| Free Cash Flow | 1,130.00 | 671.00 | 430.00 | 643.00 | -98.00 | -203.00 | -95.00 | 226.00 | 99.00 | 736.00 | -48.00 | -40.00 |
| CFO/OP % | 190.00 | 125.00 | 122.00 | 194.00 | 28.00 | -3.00 | 31.00 | 137.00 | 90.00 | 264.00 | 29.00 | 46.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 17.00 | 20.00 | 18.00 | 25.00 | 41.00 | 54.00 | 51.00 | 50.00 | 49.00 | 41.00 | 40.00 | 29.00 |
| Inventory Days | 67.00 | 65.00 | 63.00 | 56.00 | 78.00 | 75.00 | 54.00 | 73.00 | 72.00 | 74.00 | 72.00 | 54.00 |
| Days Payable | 90.00 | 48.00 | 29.00 | 29.00 | 32.00 | 47.00 | 83.00 | 115.00 | 91.00 | 96.00 | 32.00 | 30.00 |
| Cash Conversion Cycle | -6.00 | 37.00 | 52.00 | 52.00 | 87.00 | 81.00 | 21.00 | 7.00 | 29.00 | 19.00 | 79.00 | 54.00 |
| Working Capital Days | -16.00 | -1.00 | 2.00 | 3.00 | 12.00 | 19.00 | 0.00 | -1.00 | -1.00 | -34.00 | -54.00 | 50.00 |
| ROCE % | 22.00 | 24.00 | 18.00 | 13.00 | 18.00 | 17.00 | 22.00 | 20.00 | 22.00 | 18.00 | 17.00 | 24.00 |
Corporate Actions
9 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 29 Jul 2026 | 29 Jul 2026 | — | 11.00 | |
| Dividend | 31 Jul 2025 | 31 Jul 2025 | — | 11.00 | |
| Dividend | 26 Jul 2024 | — | — | 10.00 | |
| Dividend | 28 Jul 2023 | — | — | 9.50 | |
| Dividend | 22 Jul 2022 | — | — | 9.50 | |
| Dividend | 04 Aug 2021 | — | — | 8.00 | |
| Dividend | 22 Jul 2020 | — | — | 5.50 | |
| Dividend | 25 Jul 2019 | — | — | 4.50 | |
| Dividend | 23 Jul 2018 | — | — | 4.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update28 Jul from icra
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Rating update6 Jul from crisil
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Rating update17 Mar from fitch
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Rating update30 Sep 2025 from icra
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Rating update10 Jul 2025 from icra
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Rating update8 Jul 2025 from crisil
Conference Calls
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