Godrej Agrovet Ltd.
Snapshot View

654.85 +5.35 ▲0.8%

26 July 2021, 04:02:12 P.M.
Volume: 307,900

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Consumer Food Compare with Industry peers
Website
Financial Indicators
Market Cap 12,530.54 Cr.
Earnings per share (EPS) 16.33 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 39.94 Trailing Twelve Months Ending 2021-03
Industry PE 56.89 Trailing Twelve Months Ending 2021-03
Book Value / Share 106.54 Trailing Twelve Months Ending 2021-03
Price to Book Value 6.12 Calculated using Price: 652.25
Dividend Yield 1.23 Period Ending 2021-03
No. of Shares Subscribed 19.21 Cr. 192,112,568 Shares
FaceValue 10
Company Profile

The company was incorporated as Godrej Agrovet Private Limited on November 25, 1991 in the state of Gujarat as a private limited company under the Companies Act, 1956. The company became a deemed public limited company under Section 43A(1) of the Companies Act, 1956, and the word “private” was struck off from the name of the company with effect from April 27, 1992. Pursuant to the company passing a resolution under Section 21 of the Companies Act, 1956, the company was registered as a public limited company with effect from August 26, 1994. Subsequently, the Registrar of Companies, Gujarat issued a fresh certificate of incorporation dated February 19, 2002 consequent upon conversion, recording the change of the company’s name to ‘Godrej Agrovet Limited’.

The company is focused on improving productivity of farmers by innovating products and services that sustainably increase crop and livestock yields. It has made significant investments to enhance its R&D capabilities over the years . The company has two dedicated R&D centres for its crop protection business at Mumbai and Thane, which has enabled the company to launch new products. Its oil palm business has a dedicated R&D center at Andhra Pradesh, which is focused on improving the yield performance of oil palm crop and exploring new avenues of value creation from oil palm biomass.

Business area of the company

The company is a diversified, research and development focused agri-business company with operations across five business verticals i.e. animal feed, crop protection, oil palm, dairy, and poultry and processed foods.

Awards and Accreditations

  • 2013: The company has been recognized as one of the best 100 Companies in India for 2013 by Great Place to Work Institute India.
  • 2014: The company has been recognized as one of the best 100 Companies in India for 2014 by Great Place to Work Institute India.
  • 2015: The company has been recognized for Fairness in Performance Management System Category in 2015 by Great Place to Work Institute.
  • 2015: The company has been named as an Aon Best Employer in the Aon Best Employers - India 2015 Programme by Aon Hewitt.
  • 2015: The company was awarded ‘Highest Crude Palm Oil Producer in the Country’ at the GLOBOIL India, 2015.
  • 2017: The company has been named as an Aon Best Employer in the Aon Best Employers - India 2017 Programme by Aon Hewitt.
  • 2017: ACI Godrej received an award in the category of “QCC for Sustainable Development” in the 21st National Annual Quality Convention - 2017 organized by Bangladesh Society for Total Quality Management
  • 2018-19: The Company’s Oil Palm plant at Chintampalli was awarded ‘Energy Efficient Unit’ at the Confederation of Indian Industry’s (CII) National Awards for Excellence in Energy Management 2018.
  • 2018-19: The Company’s Subsidiary Astec LifeSciences Limited, Mahad Plant was awarded CII Environmental Best Practices Award 2018 in the category of Resource & Material Conservation.
  • 2019-20: Oil Palm manufacturing site located at Chintampalli, won two awards for their sustainability initiatives. The plant was awarded the ‘Excellent Energy Effi cient Unit - Silver rating’ at the SNEMA Award 2019 for the first time, the National Safety Award 2019 and the Bombay Chamber of Commerce Award for Sustainability.

Major events and milestones

  • 1991: The company was incorporated on November 25, 1991.
  • 1992: The company acquired the agrovet division of Godrej Soaps Limited.
  • 1997: The company acquired the oil palm business from Godrej Soaps Limited.
  • 1999: The company acquired poultry business from IPF Breeders Private Limited.
  • 2004: The company formed a joint venture company in Bangladesh namely, ACI Godrej Agrovet Private Limited.
  • 2005: The company acquired 26% stake in Polchem Hygiene Laboratories Private Limited.
  • 2005: The company acquired 26% stake in Creamline Dairy.
  • 2005: The company acquired shrimp feed business from Higashimaru Feeds (India) Limited.
  • 2012: V-Sciences made investment in the company by acquiring 19.99% of the Equity Share capital of the company.
  • 2015: The company acquired majority stake in Astec Lifesciences.
  • 2015: The company increased its stake from 26% to 52% in Creamline Dairy.
  • 2016: The company sold its 26% stake in Polchem Hygiene Laboratories Private Limited.
  • 2018-19: The company has acquired an additional 1.1 % of the Paidup Equity Share Capital of its Joint Venture GTFL, increasing its total shareholding in GTFL from 49.9% to 51.0%.
  • 2018-19: The company has acquired additional 2.16% of the Paid-up Equity Share Capital of GMPL, increasing its total shareholding in GMPL from 49.9% to 52.06%.
  • 2019-20: The company acquired additional 11.03% of Paid-up Equity Share Capital of Godrej Maxximilk
    Private Limited, increasing its Equity holding from 62.97% to 74.00%.
  • 2019-20: In the Crop Protection business, the company successfully launched an in-house cotton herbicide ‘Hitweed Maxx’ and an in-licensing herbicide ‘Hanabi’ thereby growing our product portfolio.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.82%
1 Week
+0.03%
1 Month
+6.44%
3 Month
+33.57%
6 Month
+20.08%
1 Year
+43.91%
2 Year
+43.70%
5 Year
7 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 39.05 30.69 30.46 19.44 22.07 16.53 15.32
Return on Capital Employed (%) 31.75 22.77 25.49 22.95 25.80 16.67 16.23
Return on Assets (%) 11.65 7.59 8.13 6.97 8.69 6.46 6.29

Balance Sheet View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 635 769 1,009 1,411 1,649 1,838 2,051
Non Curr. Liab. 172 167 236 201 296 241 346
Curr. Liab. 1,005 1,981 1,709 1,653 1,884 2,210 1,972
Minority Int. 133 254 269 401 382 410
Equity & Liab. 1,813 3,051 3,208 3,535 4,230 4,672 4,779
Non Curr. Assets 863 1,474 1,786 1,957 2,359 2,540 2,642
Curr. Assets 950 1,576 1,422 1,578 1,871 2,132 2,138
Misc. Exp. not W/O
Total Assets 1,813 3,051 3,208 3,535 4,230 4,672 4,779

Profit Loss View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 3,795 4,298 4,911 5,186 5,918 6,965 6,268
Other Income 15 55 59 32 53 47 40
Total Income 3,810 4,353 4,970 5,217 5,971 7,011 6,307
Total Expenditure -3,491 -3,969 -4,473 -4,743 -5,462 -6,476 -5,704
PBIDT 319 383 497 475 509 535 603
Interest -34 -61 -86 -45 -34 -42 -46
Depreciation -46 -62 -75 -86 -98 -148 -154
Taxation -63 -69 -102 -121 -128 -48 -106
Exceptional Items 35 -6 20 12 88 -10
PAT 211 185 254 235 337 288 297

Cash Flow View Details

Particulars 5 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 897 354 448 240 -2
Cash Fr. Inv. -63 -253 -237 -255 -187
Cash Fr. Finan. -812 -125 -217 36 189
Net Change 22 -24 -6 21 0
Cash & Cash Eqvt 54 30 28 49 49

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 68.95 69.00 69.08 70.08 70.07 70.07 70.26 70.70 71.65
Public 31.05 31.00 30.92 29.92 29.93 29.93 29.74 29.30 28.35
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 16 Jul 2021
ESOP/ESOS/ESPS
Godrej Agrovet Limited has informed the Exchange regarding Allotment of 16906 Shares.
Tue, 13 Jul 2021
Updates
Godrej Agrovet Limited has informed the Exchange regarding 'This is to inform you under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) that, Macquarie Capital Securities (India) Private Limited has organized a webinar on State of Rural Demand and impact of second COVID wave on Rural Consumption on Tuesday, July 13, 2021, and Mr. Balram Singh Yadav, Managing Director of Godrej Agrovet Limited will be a guest speaker at the said webinar.ï¿‚ï¾  We request you to kindly take the above information on your record.'
Wed, 07 Jul 2021
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Godrej Agrovet Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018, Please find enclosed herewith compliance certificate received from KFIN Technologies Private Limited, Registrar and Share Transfer Agent of Godrej Agrovet Limited, for the Quarter ended June 30, 2021.Please take the same on your records.

Technical Scans View Details

Mon, 26 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
ATR Decreasing for 3 Days ATR Decreasing for 3 Days

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