Godrej Agrovet Limited
1,857words
2turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
79%
14x
8.09 million
14,000 MW
98%
0.55 million
12.0%
37.5%
1.14
lakh
1.10 Lakh
28%
Guidance — 7 items
Notes
opening
“ Q1 FY26 witnessed higher utilisation of vendor invoice discounting which resulted in higher input costs and lower financing costs impacting the segment result.”
Notes
opening
“ Segment revenue and margins improved significantly in Q1 FY26 as compared to Q1FY25 on the back of increased average realisations of Crude Palm Oil (CPO) and Palm Kernel Oil (PKO) coupled with higher Fresh Fruit Bunch arrivals (higher by 52% y-o-y).”
Notes
opening
“13 I Godrej Agrovet CROP PROTECTION BUSINESS Agrochemical products catering to the entire crop lifecycles Particulars Segment Revenue (Cr) Segment Result (Cr) Segment Margin (%) Q1 FY26 328 138 42.2% Q1 FY25 314 142 45.2% Y-o-Y Change 4.6% -2.5% Segment revenue grew marginally by ~5% y-o-y on the back of increase in volumes in in-house category.”
Notes
opening
“14 I Godrej Agrovet ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients Particulars Q1 FY26 Q1 FY25 Y-o-Y Change Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) *Excluding write down of inventories of ₹ 18 Cr in Q1 FY25 91 -11 NM 69 -27 * NM 31.3% NM Segment revenue improved by ~31% y-o-y primarily on account higher volumes in both Enterprise and CDMO categories.”
Notes
opening
“15 I Godrej Agrovet CREAMLINE DAIRY Private dairy player in Southern India with a wide range of product portfolio Particulars Q1 FY26 Q1 FY25 Y-o-Y Change Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) *Excludes profit on sale of Land of ₹4 cr in Q1 FY26 417 15 * 3.5% 429 28 6.4% -2.7% -47.2% Segment revenue remained flat y-o-y.”
Notes
opening
“VAP Salience for Q1 FY26 was 42% of total sales.”
Notes
opening
“16 I Godrej Agrovet GODREJ FOODS LIMITED Particulars Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) Q1 FY26 187 9 4.9% Q1 FY25 234 24 10.3% Y-o-Y Change -20% -62% Poultry & processed foods business recorded a year-on-year decline in both revenues as well as EBITDA.”
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Risks & concerns — 4 flagged
Despite volume growth, segment revenue remained flat y-o-y on account of decline in average realizations primarily due to subdued commodity prices.
— Notes
The underlying segment results reflects segment results excluding the impact of the abovementioned.
— Notes
The underlying segment margin declined marginally by ~ 0.3% due to decline in average realisations and lower volumes in Aqua Feed category.
— Notes
16 I Godrej Agrovet GODREJ FOODS LIMITED Particulars Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) Q1 FY26 187 9 4.9% Q1 FY25 234 24 10.3% Y-o-Y Change -20% -62% Poultry & processed foods business recorded a year-on-year decline in both revenues as well as EBITDA.
— Notes
Speaking time
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Opening remarks
Notes
(1) As % of total consolidated segment revenues (2) As % of total consolidated segment profit before interest and taxes SEGMENT-WISE PERFORMANCE UPDATE 11 I Godrej Agrovet ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars Sales Volume (MT) Segment Revenue (Cr) Reported Segment Result (Cr) Reported Segment Margin (%) Underlying Segment Result (Cr) Underlying Segment Margin (%) Q1 FY26 3,75,139 1,156 65 5.6% 75 6.5% Q1 FY25 3,45,948 1,155 78 6.8% 78 6.8% Y-o-Y Change 8.4% 0.1% -17.4% -1.2% -3.8% -0.3% Volume growth recorded across all key categories – Cattle Feed (11% y-o-y), Broiler Feed (13% y-o-y) and Layer Feed (4% y- o-y); partially offset with decline in Aqua Feed (7% y-o-y). Despite volume growth, segment revenue remained flat y-o-y on account of decline in average realizations primarily due to subdued commodity prices. Q1 FY26 witnessed higher utilisation of vendor invoice discounting which resulted in highe
Email
amit.pendse@godrejagrovet.com gavlinvestors@godrejagrovet.com 20 I Godrej Agrovet THANK YOU FOR YOUR TIME AND CONSIDERATION 21 I Godrej Agrovet
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