MarketFriction

Godrej Agrovet Ltd

NSE GODREJAGRO · BSE 540743 · Animal Feed
₹631.90 +1.34%
NSE close2026-10-01
52 week range506.10 - 720.15
Market cap₹12,155 Cr.
P/E25.9
IPO 2017 · +37% since Microcap 250 Price band 20% Delivery 61.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,5712,3452,1342,3512,4492,4502,1342,6142,5672,7182,3332,855
Expenses2,3692,1861,9862,1252,2252,2301,9872,3452,3542,4772,1942,615
Operating Profit201159148226223220147270213242139240
OPM %8%7%7%10%9%9%7%10%8%9%6%8%
Other Income202120252522252418-57827
Interest282525304034293540352930
Depreciation535356555857565857565857
Profit before tax1411028716615015187200135146130181
Tax %26%19%25%21%36%27%24%26%38%25%21%29%
Net Profit1048365132961106614984110102128
EPS in Rs5.484.782.977.035.845.803.688.354.815.975.456.99
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,7504,9115,1865,9186,9646,2678,3069,3749,5619,38310,23310,474
Expenses3,5794,4714,7415,4626,4755,7037,6378,8518,8568,5629,3699,640
Operating Profit171440445456489564669523704821864834
OPM %4.6%9%9%8%7%9%8%6%7%9%8%8%
Other Income315955815449901091399093116119
Interest9886453442466399108133138133
Depreciation52758698148154173185214226229228
Profit before tax336375372477349453542378473554612593
Tax %22%27%32%27%14%23%23%22%24%27%27%
Net Profit261273251349301348419295359403445425
EPS in Rs28.1913.4411.9417.1315.9416.3320.9615.7118.7122.3524.5823.22
Dividend Payout %16%33%38%26%34%49%45%60%53%49%45%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%10%3%9%
Compounded Profit Growth11%8%23%3%
Stock Price CAGR%0%10%-8%
Return on Equity17%17%18%21%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital9393185192192192192192192192192192
Reserves5486908241,2191,4571,6461,8592,0762,1452,3242,1891,840
Borrowings6851,3726644103986511,0071,5991,4331,4161,3961,574
Other Liabilities4179571,5351,7142,1832,1831,7211,6891,6731,7341,7292,555
Total Liabilities1,7423,1113,2083,5354,2304,6724,7795,5565,4445,6675,5056,161
Fixed Assets6931,5071,4731,4922,0512,1782,2982,4072,5682,8062,9122,803
CWIP1386450190941531419020419264201
Investments3759175195117129124160158177139115
Other Assets8731,4811,5091,6571,9692,2112,2162,9002,5132,4922,3913,042
Total Assets1,7423,1113,2083,5354,2304,6724,7795,5565,4445,6675,5056,161
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity109168897354448240-2-1208746789691,281
Cash from Investing Activity-131-428-63-253-233-255-187-208-284-327-82-150
Cash from Financing Activity-79278-812-125-21736189311-594-328-901-869
Net Cash Flow-1011822-24-221-0-17-523-13262
Free Cash Flow-143702109207-18-251-3885953017581,047
CFO/OP61%125%222%98%122%69%20%5%185%114%136%167%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days304439444545484222202224
Inventory Days548371707260788366706665
Days Payable304281829987584035324780
Cash Conversion Cycle548529311817688454584210
Working Capital Days49-51-26-8-3-776-41-2-17
ROCE %24%17%19%20%18%15%16%16%10%14%17%19%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.05%74.05%74.05%74.03%74.02%67.56%67.56%67.54%67.54%67.65%67.75%67.75%
FIIs9.55%9.44%9.43%9.48%7.48%7.10%7.55%7.27%7.21%6.29%6.32%6.48%
DIIs5.09%5.49%5.09%4.34%5.88%6.25%5.45%4.97%5.18%5.38%5.86%5.28%
Public11.31%11.04%11.44%12.14%12.61%19.10%19.47%20.22%20.08%20.69%20.08%20.49%
No. of Shareholders1,08,6411,02,8991,02,65399,6741,26,4871,14,2171,16,5321,18,7391,13,0671,16,0981,11,3651,14,250

Fundamentals

Market Cap₹ 12,155 Cr.
Current Price₹ 632
Stock P/E25.9
Book Value₹ 106
ROCE19.2 %
ROE20.9 %
Dividend Yield1.74 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)9%
Compounded Profit Growth (TTM)3%
Consolidated figures.
Valuation
Market capRs 12,149 Cr
Enterprise valueRs 13,421 Cr
P/E (TTM)27.19x
Price to book5.98x
Price to sales1.16x
EV / EBITDA14.09x
EV / EBIT18.51x
EV / sales1.28x
Price to cash flow9.48x
Earnings yield3.68%
Dividend yield1.74%
P/E, 3-year average27.16x
P/B, 3-year average4.96x
P/E, 5-year average25.77x
P/B, 5-year average4.40x
Profitability
Operating margin (excl. other income)8.44%
Operating margin (incl. other income)9.57%
EBITDA margin9.10%
Pre-tax margin5.66%
Net profit margin4.27%
Net margin, latest quarter4.71%
ROE21.43%
ROCE20.32%
ROA8.11%
ROE, 3-year average17.93%
ROCE, 3-year average17.74%
ROA, 3-year average7.42%
ROE, 5-year average17.11%
ROCE, 5-year average16.63%
ROA, 5-year average7.11%
ROIC (approx.)15.97%
Tax rate27.26%
Other income / net worth5.69%
Growth
Sales growth (latest year)9.06%
Profit growth (latest year)10.02%
Sales CAGR, 3 years2.97%
Sales CAGR, 5 years10.30%
Profit CAGR, 3 years16.13%
Profit CAGR, 5 years8.55%
Sales growth QoQ22.40%
Profit growth QoQ28.28%
Sales growth YoY (latest quarter)9.22%
Profit growth YoY (latest quarter)-16.21%
Per share
EPS (TTM)Rs 23.24
EPS (latest year)Rs 24.59
EPS (latest quarter)Rs 7.00
EPS, 3-year averageRs 21.88
EPS, 5-year averageRs 20.46
Book value per shareRs 105.69
Sales per shareRs 544.74
Cash flow per shareRs 66.64
Free cash flow per shareRs 54.46
Dividend per share (latest year)Rs 11.00
Dividend per share, 3-year averageRs 10.67
Dividend per share, 5-year averageRs 10.20
Dividends
Dividend payout44.75%
Dividend payout, 3-year average49.14%
Dividend payout, 5-year average50.64%
Efficiency
Asset turnover1.66x
Fixed asset turnover3.65x
Inventory turnover5.98x
Inventory days61 days
Debtor days24 days
Debtors turnover15.21x
Creditor days80 days
Cash conversion cycle10 days
Working capital days-17 days
Leverage
Total debtRs 1,574 Cr
Cash and bankRs 302 Cr
Net debtRs 1,272 Cr
Debt to equity0.77x
Net debt / EBITDA1.33x
Interest coverage5.47x
Current ratio (filing 2026-03-31)0.94x
Quick ratio (filing 2026-03-31)0.48x
Trade payables (filing 2026-03-31)Rs 1,651 Cr
Owners' fund to total sources32.98%
Debt to assets25.55%
Cash flow
Cash from Operating Activity (latest year)Rs 1,281 Cr
Cash from Investing Activity (latest year)Rs -150 Cr
Cash from Financing Activity (latest year)Rs -869 Cr
Net Cash Flow (latest year)Rs 262 Cr
Free cash flow (latest year)Rs 1,047 Cr
FCFE (approx.: FCF + change in debt)Rs 1,225 Cr
Cash from ops / profit, 5 years1.92x
Sales to cash flow7.99x
Statement figures
Net sales (TTM)Rs 10,474 Cr
Net sales (latest year)Rs 10,233 Cr
Sales (latest quarter)Rs 2,855 Cr
Operating profit excl. other income (latest year)Rs 864 Cr
Operating profit (latest quarter)Rs 240 Cr
Other income (TTM)Rs 119 Cr
EBITDA (TTM)Rs 953 Cr
PBDT (TTM)Rs 820 Cr
Profit before tax (TTM)Rs 593 Cr
Tax (latest year)Rs 167 Cr
Net profit (TTM)Rs 447 Cr
Net profit (latest year)Rs 473 Cr
Net profit (latest quarter)Rs 134 Cr
Depreciation (TTM)Rs 228 Cr
Depreciation (latest quarter)Rs 57 Cr
Interest (TTM)Rs 133 Cr
Cost of goods sold (latest year)Rs 8,118 Cr
Total expenditure (latest year)Rs 9,369 Cr
Total income (latest year)Rs 10,348 Cr
Share capitalRs 192 Cr
ReservesRs 1,840 Cr
Shareholders' fundsRs 2,032 Cr
Total assetsRs 6,161 Cr
Net blockRs 2,803 Cr
Capital work in progressRs 201 Cr
InvestmentsRs 115 Cr
ReceivablesRs 673 Cr
InventoryRs 1,358 Cr
Other liabilitiesRs 2,555 Cr
Shares outstanding (crore)19.23
Ownership
Promoter holding67.75% (+0.21 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 27.2 is at the 27th percentile of its own 9.1-year range (median 32.0, low 19.7, high 54.4).
P/B 5.98 is at the 72th percentile (median 5.39).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGODREJAGRONifty 50Difference
1 week-6.5%-2.8% -3.8 pts
1 month-3.4%-6.8% +3.4 pts
3 months+12.9%-7.6% +20.6 pts
6 months+18.2%+0.4% +17.8 pts
1 year-8.1%-9.9% +1.8 pts
2 years-19.1%-13.6% -5.6 pts
3 years+31.6%+14.2% +17.4 pts
5 years+0.1%+27.9% -27.8 pts
19 mutual fund schemes hold about ₹405 Cr. Over three months 2 bought more and 8 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.30%247 -7%
UTI Small Cap Fund0.92%49 -6%
Kotak Balanced Advantage Fund0.17%29 -2%
UTI Multi Cap Fund0.93%20 -8%
WOC Special Opp Fund0.84%16 +100%
Tata Retirement Sav Fund - Prog Plan0.52%12 -6%
Tata Retirement Sav Fund - Mod Plan0.48%11 -5%
Kotak Rural Opportunities Fund1.14%9 +1%
Motilal Oswal Nifty Microcap 250 Index Fund0.31%8 -9%
WOC Multi Cap Fund0.10%4 +100%
Tata Retirement Sav Fund - Cons Plan0.22%0 -4%
Groww Nifty Total Market Index Fund0.01%0 -5%
HDFC BSE 500 Index Fund0.01%0 -5%
Angel One Nifty Total Market Index Fund0.01%0 -5%
Mirae Asset Nifty Total Market Index Fund0.01%0 -5%
Bandhan Nifty Total Market Index Fund0.01%0 -5%
Motilal Oswal BSE 1000 Index Fund0.01%0 -4%
JioBlackRock Flexi Cap Fund0.00%0 -100%
Franklin India Large & Mid Cap Fund0.00%0 -100%

Red flags

F-score 4 of 8
lookRegulator order or action Regulator order or action 2026-02-24: Godrej Agrovet Limited has informed the Exchange about Action(s) taken or orders passed
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹2,855 Cr +9.2% vs Jun 2025. Net profit ₹128 Cr -14.1%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-29Dividend - Rs 11 Per Share
2025-07-31Dividend - Rs 11 Per Share
2024-07-26Annual General Meeting/Dividend - Rs 10 Per Share
2023-07-28Annual General Meeting/Dividend - Rs 9.50 Per Share
2022-07-22Annual General Meeting/Dividend - Rs. 9.50 Per Share
2021-08-04 Annual General Meeting/Dividend - Rs 8 Per Share
2020-07-22 Annual General Meeting/Dividend - Rs 5.50 Per Share
2019-07-25 Annual General Meeting/ Dividend - Rs 4.50 Per Share
2018-07-23 Annual General Meeting / Dividend- Rs 4.5 Per Share
DateTypeWhat it says
2026-09-23ESOPForfeiture/Cancellation/lapse of 10958 Stock Options which were granted under Employees Stock Grant Scheme 2018.
2026-09-23ESOPGrant of 3347 Stock Options under Employees Stock Grant Scheme 2018.
2026-09-21ResignationResignation of Director/KMP/SMP
2026-09-21ResignationResignation of Director/KMP/SMP
2026-09-21AppointmentAppointment of Mr Sivaram Yadavalli, Head - Strategy & Business Development also as "Chief Executive Officer - Crop Care Business"of the company w.e.f...
2026-09-21CessationCessation of Mr Rajavelu NK as Chief Executive Officer - Crop Care business of the company w.e.f. close of business hours on November 24, 2026.
2026-09-02AppointmentAppointment of Ms. Anushree Singh as Chief Human Resources Officer of the company w.e.f. September 07, 2026.
2026-09-02Volume querySignificant increase in volume has been observed in Godrej Agrovet Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-09-01Concall / analyst meetSchedule of meet
2026-09-01Concall / analyst meetSchedule of meet
2026-09-01Concall / analyst meetSchedule of meet
2026-09-01Concall / analyst meetSchedule of meet
2026-09-01Concall / analyst meetSchedule of meet
2026-09-01Concall / analyst meetSchedule of meet
2026-09-01Concall / analyst meetSchedule of meet
2026-09-01Concall / analyst meetSchedule of meet
2026-09-01Volume querySignificant increase in volume has been observed in Godrej Agrovet Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-08-25ESOPForfeiture/Cancellation of 10329 Options.
2026-08-25AllotmentAllotment of 51423 securities pursuant to ESOP/ESPS on August 25, 2026
2026-08-12Concall / analyst meetTranscript
2026-08-06Concall / analyst meetLink of Recording
2026-08-06Shareholder meetingVoting results of Annual General Meeting held on August 05, 2026
2026-08-05Shareholder meetingProceedings of Annual General Meeting held on August 05, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report.
2026-08-05Investor PresentationInvestor Presentation
2026-08-05Press ReleaseA press release dated August 05, 2026, titled "Press Release for the Quarter ended June 30, 2026.".
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Godrej Agrovet Ltd?

Godrej Agrovet Ltd (GODREJAGRO) has a market capitalisation of Rs 12,155 Cr. at the 2026-10-01 close.

What is the P/E ratio of Godrej Agrovet Ltd?

Godrej Agrovet Ltd trades at a P/E of 25.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Godrej Agrovet Ltd's latest quarterly results?

In the Jun 2026 quarter, Godrej Agrovet Ltd sales was Rs 2,855 Cr (+9.2% vs Jun 2025) and net profit was Rs 128 Cr.

What is the 52-week high and low of Godrej Agrovet Ltd?

The 52-week high is Rs 720.15 and the 52-week low is Rs 506.10.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03