SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

AWL Agri Business Ltd (AWL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 543458 NSE: AWL | Edible Oil | Small Cap

AWL Agri Business Share Price

212 4.10 (1.97%)
As on 07-May'26 16:59

AWL Agri Business Ltd (AWL)

BSE: 543458 NSE: AWL
Key Metrics
Market Cap
₹27,020 Cr.
P/E Ratio
27.53
Price to Book (P/B)
2.61
Price to Sales (P/S)
0.37
EV/EBITDA
10.95
Return on Capital Employed (ROCE)
21.42%
Current Price
₹212
Return on Equity (ROE)
13.79%
Return on Assets (ROA)
6.03%
Operating Profit Margin
4%
Net Profit Margin
1.97%
Gross Profit Margin
3.2%
Book Value per Share
₹79.6
Sales Growth (YoY)
25.34%
Sales Growth (3 Years)
5.65%
Operating Profit Growth (1 Year)
112.87%
Operating Profit Growth (3 Years)
11.98%
Net Profit Growth (1 Year)
337.03%
52-Week Low / High
₹171 / 285
Net Profit Growth (3 Years)
14.59%
Dividend Yield
0.00%
Promoter Holding
56.94%
Pledged shares (%)
of Promoter's holding (%)
0.00%

Check Before You Invest

Q.1 Stock return of AWL Agri Business Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of -18.69% based on the current price.
Q.1 Revenue growth of AWL Agri Business Ltd?
AWL Agri Business Ltd revenue growth is 25.3% for FY-2025, which is above its 5-year CAGR of 15.77%, indicating faster growth.
Q.1 Which industry/sub-sector does AWL Agri Business Ltd belong to?
AWL Agri Business Ltd belongs to the FMCG sector, operating specifically within the Edible Oil segment.
Q.1 Promoter shareholding and pledge status of AWL Agri Business Ltd?
Promoters hold 56.94% of the AWL Agri Business Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Revenue growth of AWL Agri Business Ltd vs industry peers?
AWL Agri Business Ltd revenue CAGR is 15.77%, compared to the industry median CAGR of 6.64%, indicating faster growth and gaining its market share.

DeciZen - make an informed investing decision on AWL Agri Business

Based on:

Overall Rating
Login to view analysis.

1. Quality


Login to view analysis.

2. Valuation


Login to view analysis.

3. Price Trend


Login to view analysis.

AWL Agri Business stock performance

Key Ratios
mw4me loader

Is AWL Agri Business Ltd an attractive stock to invest in?


Login to view analysis.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
AWL Agri Business Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 17.5%19.5%22.2%26.9%27.5%21.7%20.2%15.5%10.3%21.4%-
Value Creation
Index
0.60.71.01.41.50.90.80.4-0.10.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 17,68622,97326,34728,80229,65737,09052,30255,26249,20661,67772,308
Sales YoY Gr.-29.9%14.7%9.3%3%25.1%41%5.7%-11%25.3%-
Adj EPS 1.31.63.43.94.55.76.61.94.39.87.6
YoY Gr.-23.3%108.5%14.6%14.8%25.6%17.2%-70.9%121.8%128%-
BVPS (₹) 9.111.214.517.721.126.856.861.563.772.379.6
Adj Net
Profit
1521883914485146468602505561,264981
Cash Flow from Ops. 53.5-641,6011,6807937411,1925143661,735-
Debt/CF from Ops. 37.5-411.41.12.942.14.15.91-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.9%15.8%5.7%25.3%
Adj EPS 24.8%16.8%13.8%128%
BVPS26%27.9%8.4%13.5%
Share Price - - -18.9% -19%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
15.716.226.624.423.223.616.53.36.814.310
Op. Profit
Mgn %
32.93.64.253.63.523.142.7
Net Profit
Mgn %
0.90.81.51.61.71.71.60.51.12.11.4
Debt to
Equity
1.92.11.40.9110.30.30.30.20
Working Cap
Days
6866717978676573796838
Cash Conv.
Cycle
332725293843454949428

Recent Performance Summary

Login to view analysis.
Login to view analysis.

Latest Financials

Standalone Consolidated
TTM EPS (₹) 7.6 8
TTM Sales (₹ Cr.) 72,308 74,731
BVPS (₹) 79.6 80.3
Reserves (₹ Cr.) 10,211 10,311
P/BV 2.61 2.59
PE 27.53 25.93
From the Market
52 Week Low / High (₹) 171.20 / 285.40
All Time Low / High (₹) 171.20 / 878.35
Market Cap (₹ Cr.) 27,020
Equity (₹ Cr.) 130
Face Value (₹) 1
Industry PE 39.6

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of AWL Agri Business - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Event Update

Login/Register to view analysis.

Analyst's Notes

data not found
No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales17,68622,97326,34728,80229,65737,09052,30255,26249,20661,677
Operating Expenses + 17,16222,32225,43527,70028,34535,76350,57754,34848,06859,254
Manufacturing Costs1,3161,5011,6611,8701,9501,9901,1841,4961,5761,684
Material Costs14,68919,52622,04524,12524,45131,51847,09150,24543,47054,400
Employee Cost 156178255206224321358343374522
Other Costs 1,0021,1181,4731,4991,7201,9341,9452,2642,6482,648
Operating Profit 5246519121,1021,3121,3271,7259141,1382,423
Operating Profit Margin (%) 3.0%2.8%3.5%3.8%4.4%3.6%3.3%1.7%2.3%3.9%
Other Income + 8113398120108104169959293233
Exceptional Items -2111000000-540
Interest 314328298470569407525729674661
Depreciation 103119146182242268285319322355
Profit Before Tax 1663485665706097571,0848253811,640
Tax 28118191205214103276217103424
Profit After Tax 1382303753653956558086072781,216
PAT Margin (%) 0.8%1.0%1.4%1.3%1.3%1.8%1.5%1.1%0.6%2.0%
Adjusted EPS (₹)1.22.03.33.23.55.76.24.72.19.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1,0351,2801,6552,0192,4123,0677,3787,9888,2729,361
Share Capital 114114114114114114130130130130
Reserves 9201,1661,5401,9052,2982,9527,2487,8588,1429,231
Debt +1,7872,3882,0251,7412,1612,6752,3852,1252,1741,672
Long Term Debt6124631909651,1461,024000166
Short Term Debt1,1751,9251,8357761,0151,6512,3852,1252,1741,506
Minority Interest0000000000
Trade Payables3,1132,9935,2116,6155,6975,1928,5697,6176,3717,943
Others Liabilities 6167057581,0151,3562,1411,9191,8891,9862,522
Total Liabilities 6,5507,3679,64911,39011,62713,07620,25119,61918,80321,498

Fixed Assets

Net Fixed Assets +1,8341,9502,2732,9543,7593,7034,1464,3774,5485,101
Gross Block2,3272,1722,6363,4994,5474,7535,4765,9616,4037,254
Accumulated Depreciation4932223645457871,0511,3301,5851,8552,153
CWIP 123704435703255312623238641,059
Investments 4752535455106286288230497
Inventories2,6402,8963,7484,0423,8264,7787,3777,0966,9248,322
Trade Receivables6568421,2121,2629211,5152,1421,9371,7412,592
Cash Equivalents 6428941,0601,1891,4161,1884,4463,5342,6622,062
Others Assets 6086628601,3201,3241,2561,5932,0641,8331,865
Total Assets 6,5507,3679,64911,39011,62713,07620,25119,61918,80321,498

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 53-641,6011,6807937411,1925143661,735
PBT 1663485665706097571,0848253811,640
Adjustment 227166398393790340597653696791
Changes in Working Capital -293-528721850-485-62-261-824-569-385
Tax Paid -47-49-84-133-121-294-229-139-142-311
Cash Flow From Investing Activity + -308-396-916-935-518-499-3,848599139-302
Capex -296-203-858-908-631-462-520-668-911-935
Net Investments -76-251-127-12441-49-3,2301,084833507
Others 645769977212-98183217126
Cash Flow From Financing Activity + 264459-645-742-7-5312,682-919-902-1,235
Net Proceeds from Shares 0000003,507000
Net Proceeds from Borrowing 68-185-23264421918-1,194-1210166
Interest Paid -201-198-220-338-404-336-305-433-617-569
Dividend Paid 0000000000
Others 397843-193-1,048177-214674-365-285-832
Net Cash Flow 10-1392268-28926194-396199

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)14.3719.8425.5419.8817.8123.8915.477.93.4213.79
ROCE (%)17.5219.4522.1626.8527.5121.720.2415.5410.2721.42
Asset Turnover Ratio3.083.323.12.742.593.023.162.792.583.09
PAT to CFO Conversion(x)0.38-0.284.274.62.011.131.480.851.321.43
Working Capital Days
Receivable Days12.5011.8014.2015.6013.4011.9012.7013.4013.5012.70
Inventory Days43.5043.804649.3048.3042.1042.1047.5051.6044.70
Payable Days28.1032.6041.4041.10271310.5012.9017.6017.10

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

AWL Agri Business Ltd FAQs

The current trading price of AWL Agri Business on 07-May-2026 16:59 is ₹212.0.

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 06-May-2026 the market cap of AWL Agri Business stood at ₹27,020.3 Cr

The latest P/E ratio of AWL Agri Business as of 06-May-2026 is 27.53.

The latest P/B ratio of AWL Agri Business as of 06-May-2026 is 2.61.

The 52-week high of AWL Agri Business is ₹285.4 and the 52-week low is ₹171.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of AWL Agri Business is ₹72,308 ( Cr.) .

About AWL Agri Business Ltd

AWL Agri Business (formerly known as Adani Wilmar) is a leading, fully integrated agri-business company in India, uniquely positioned at the crossroads of food products and industrial agri-derivatives. Over years, it has built strong assets and its flagship brand ‘Fortune’ has become a household name. It has been ensuring that consumers have access to kitchen essentials of the highest quality at affordable prices. It offers packaged staples such as edible oils, wheat flour, rice, pulses (lentils), besan (chick pea flour) and sugar to nourish India in a safe, responsible and sustainable way. Additionally, it offers agri-commodity derived products like oleochemicals and castor oil, which are key ingredients in manufacturing for numerous products.

Business area of the company

The company is one of India’s leading Food and FMCG companies, offering a comprehensive range of essential kitchen staples, including edible oils, wheat flour, rice, pulses and sugar. The company has established itself as a major player in the packaged food sector, expanding its portfolio to include besan, soya chunks, ready-to-cook biryani kits and a diverse range of industry essentials such as oleo chemicals, castor oil derivatives and de-oiled cakes. By forward-integrating its oleochemical base, AWL has built its Home and Personal Care (HPC) portfolio with products like ‘Alife’ soaps and handwashes, and ‘Ozel’ multi-purpose cleaner. The company's flagship brand, ‘Fortune,’ is one of India's largest-selling edible oil and food brands, catering to a broad customer base across various price segments.

Business segments of the company

  • Edible oils: Driven by a fully integrated business model, the company brings superior-quality edible oils that meet the highest standards of purity and nutrition. Its advanced refining processes ensure consistency, freshness, and enhanced shelf life, making them the preferred choice for households and businesses alike. With a commitment to excellence, it delivers oils that enrich every meal.
  • Food essentials: Expanding beyond edible oils, the company entered the staples and food segment, offering high-quality, nutrient-rich food products that are essential for daily nutrition. In 2013, it took a significant step forward by diversifying into food staples, focusing on wheat flour, rice, besan, pulses, and sugar. This was followed by its entry into the high-protein soya-based products segment in 2015, further expanding its commitment to nutrition and quality. Recognising the demand for convenience foods, it introduced ready-to-cook khichdi in 2020, available in Punjabi, Gujarati, and Bengali flavours.
  • Industry essentials: The company offers products to institutional clients that serves as essential ingredients in the production of soaps, detergents, paints and other fast moving consumer goods (FMCG). These products complement its food processing operations and enhance the overall profitability of its business. Its ability to secure one of the leading positions in this market reflects the strength of its business model. Some of its most important offerings, oleochemicals and de-oiled cakes are produced by processing the by-products of its edible oil operations. The company ventured into the castor oil market, by leveraging its extensive experience in procurement, processing and risk management of agri-commodities.
  • FMCG: With a focus on hygiene, protection, and care, its FMCG portfolio is built on a seamless, integrated business model. From personal care to home essentials, its products are designed to meet evolving consumer needs with reliability and innovation. The company delivers everyday solutions that enhance well-being with uncompromised quality.
  • B2B & Out-Of-Home Soltuions: At AWL Agri Business, its commitment to quality extends far beyond the home kitchen. Through its B2B and Out-of-Home (OOH) solutions, the company supplies a wide range of essential food products to institutions, hotels, restaurants, caterers, and food manufacturers. From bulk edible oils and staples specifically tailored for institutions and HoReCa segments, its offerings are trusted by foodservice professionals across the country. With a robust supply chain, consistent quality, and the strength of its agri integration, the company helps businesses serve safe, reliable, and delicious meals, wherever people dine.

Products of the company

Edible oils: 

  • Soyabean Oil
  • Mustard Oil
  • Sunflower Oil
  • Groundnut Oil
  • Blended Oil
  • Olive Oil
  • Palm Oil
  • Rice Bran Oil
  • Cottonseed Oil
Food essentials: 

  • Rice
  • Besan and Sattu
  • Pulses
  • Wheat Flour
  • Sugar
  • Soya Chunks
  • Poha
Industry essentials:

  • Oleochemicals
  • Castor
  • Lecithin
FMCG:

  • Soaps
  • Handwash
B2B & Out-Of-Home Soltuions:

  • Edible Oils & Fats
  • Foods
  • FMCG
  • Specialty Fats
  • Vanaspati

Awards, accreditations and recognitions

  • 2016: Certificate for ‘India’s Most Admired Brand’ for 2016-2017.
  • 2016: ‘Fortune Foods’ was ranked as ‘India’s Most Attractive Edible Oil Brand’ by India’s Most Attractive Brands, 2016 in a study covering 10,000 brands across 16 cities.
  • 2017: ‘Superbrands 2017’ status was conferred upon ‘Fortune’ by the Independent Superbrands Council.
  • 2018: ‘Social Impact Award for Best Public Health Initiative’ – Silver for ‘SuPoshan’, as part of the ACEF Asian Leadership Award, 2018 for Excellence in CSR.
  • 2020: Commendation certificate for ‘Strong Commitment in Food Safety’ for Neemuch unit, as part of the Confederation of Indian Industry (“CII”) Award for Food Safety, 2020.
  • 2020: Commendation certificate for ‘Significant Achievement on Food Safety’ for Unit-1, Krishnapatnam, as part of the CII Award for Food Safety, 2020.
  • 2021: Certificate of Appreciation for contribution towards ‘Healthcare Services to prevent Malnutrition & Anemia’ as part of the Times CSR Awards, 2021 (Gujarat).
  • 2021: Angshu Mallick awarded the Globoil ‘Man of the Year’ award as part of the World’s Leading Edible Oil and Agri Trade Conference, 2021.
  • 2022: Fortune’s Two Digital Campaigns Pet Pujo and Rath Yatra Pratispardha won Gold and Silver Digixx Awards respectively.
  • 2022: Warehouse and Supply Chain Leadership Award 2022 to Adani Wilmar for Best Use of Technology in Logistics by Krypton.
  • 2022: Exception Quality Award by Udaan.
  • 2022: Team Marksment awarded the Brand of the Year recognition to Fortune.
  • 2022: Best Agri Tech Company Award to Adani Wilmar by Dainik Jagran Group at the 2nd Naya Bharat Business Conclave and Awards.
  • 2023: Adani Wilmar Limited was adjudged as the winner in the Outstanding Security Team category of Out Standing Security Performance Awards (# OSPAs ) 2023 India. The event was powered by BW Security World.
  • 2023: Adani Wilmar was awarded by Manufacturing Today for Implementing Best People Practices and Excellence in Workforce Management.
  • 2023: Adani Wilmar’s Bundi and Alwar plants were recognised with National Award for Manufacturing Competitiveness by the International Research Institute for Manufacturing (IRIM).
  • 2023: Utthama Suraksha Puraskara (Safety Award) Awarded to Adani Wilmar’s Mangalore Plant by National Safety Council, Karnataka Chapter.
  • 2023: The Solvent Extractors Association recognised Adani Wilmar’s Mundra Castor plant for highest Castor seed oil cake processing in 22-23.
  • 2024: Gold Category in SKOCH ESG Award, awarded for Clean Logistics at 97th SKOCH Summit.

Major events and milestones

  • 1999: Incorporated in January 1999.
  • 2001: Commissioned edible oil refinery of 600 TPD at Mundra.
  • 2001: ‘Fortune’ brand of edible oils was launched in northern and western India.
  • 2005: Acquisition of the Mantralayam unit.
  • 2006: Acquisition of the Bundi and Haldia units.
  • 2009: Acquisition of the Shujalpur, Nagpur, Chhindwara and Neemuch units.
  • 2010: Acquisition of Rajshri Packagers Limited, Mangalore.
  • 2010: Acquisition of Satya Sai Agroils Private Limited.
  • 2010: Launched ‘King’s’, ‘Bullet’ and ‘Ivory’ brands and ‘Raag Gold’ refined palmolein oil.
  • 2011: Acquisition of Acalmar Oils and Fats Limited.
  • 2011: Launch of ‘Pilaf Gold Pure Basmati Rice’.
  • 2012: Addition of the Alwar and Mundra Castor units.
  • 2013:‘Fortune Rice Bran Health Oil’ was launched.
  • 2014: Commenced production at state-of-the-art oleochemical manufacturing complex at Mundra.
  • 2014: Launch of ‘Fortune Besan’.
  • 2014: Launch of ‘Fortune Pulses’.
  • 2015: Launch of ‘Fortune Soya Nuggets’ and ‘Fortune Basmati Rice’.
  • 2016: Launch of ‘Fortune Vivo Pro Sugar Conscious Oil’.
  • 2018: Launch of ‘Fortune Chakki Fresh Atta’ in Delhi NCR and Uttar Pradesh.
  • 2018: Acquisition of an edible oil refinery from Gokul Refoils and Solvent Limited at Haldia.
  • 2018: Acquisition of an edible oil refinery at Paradip from Cargill India Private Limited.
  • 2018: Acquisition of a rice plant at Ferozepur from Ferozepur Foods Energy Private Limited.
  • 2019: Acquisition of an edible oil refinery from Louis Dreyfus Company India Private Limited at Nellore.
  • 2020: Launch of the new ‘Fortune’ logo.
  • 2020: Launch of ‘Fortune Super Food Khichdi’.
  • 2020: Launch of ‘Alife Soap’ in the personal and skin care category.
  • 2021: Launch of ‘Fortune Sugar’ and ‘Fortune Soya Chunkies’.
  • 2021: Launch of personal care products like handwash and hand sanitizer under the ‘Alife’ range.
  • 2021: Set up ‘Fortune Mart’ stores at various locations.
  • 2021: Acquisition of Adani Wilmar.
  • 2022: Successfully listed on Indian stock exchanges.
  • 2022: Acquired the brand rights of “Kohinoor” in the basmati rice category for the Indian region, strengthening presence in the premium rice market.
  • 2023: Entered the Whole Wheat category.
  • 2024: Celebrated 25 years of the Fortune brand.
  • 2024: Launched Pehli Dhaar KGMO and Sharbati Atta.
  • 2025: Inaugurated an around 80- acre integrated food processing complex in Gohana, Haryana.
  • 2025: Acquired GD Foods, owner of the Tops brand; added sauces, pickles and other cooking aids.
  • 2025: Crossed 50,000 rural towns in distribution.
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×