Agricultural Products company Godrej Agrovet announced Q1FY26 results Revenues: Rs 2,614 crore compared to Rs 2,351 crore during Q1FY25, change 11.2%. EBITDA: Rs 282 crore compared to Rs 235 crore during Q1FY25, change 19.6%. EBITDA Margin: 10.8% for Q1FY26. PBT: Rs 188 crore compared to Rs 151 crore during Q1FY25, change 24.9%. PAT: Rs 149 crore compared to Rs 132 crore during Q1FY25, change 13.0%. PAT Margin: 5.7% for Q1FY26. B. S. Yadav, Managing Director, Godrej Agrovet, said: Godrej Agrovet Limited reported strong financial performance for Q1FY26 with notable growth in revenues, profitability, and operational efficiencies. The growth in profitability was mainly driven by robust volumes & improved operational efficiencies in the Vegetable Oils business supported by significant reduction in losses in Astec Lifesciences. In the Animal Feed business, while overall volume growth was a healthy 8%, segment revenue & underlying margins were flat due to lower realizations. In the domestic Crop Protection business, the segment revenue grew marginally by 5% and segment margins were similar year-on-year due to lower net realizations in respect of in-house & in-licensing categories. In our Dairy business, early rains and higher milk procurement prices impacted profitability while segment revenue was flat. In our Poultry & Processed foods business, revenues declined primarily due to lower volumes in live bird category which is in line with our strategy to reduce salience in this category & profitability was impacted due to muted realizations in live bird category. While the branded revenues were flat, contribution margins improved YoY. Astec LifeSciences reported a growth in revenue of ~ 31% on account of higher volumes in both Enterprise & CDMO categories. EBITDA losses reduced significantly primarily on account of lower raw material costs and higher volumes. Result PDF
Conference Call with Godrej Agrovet Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Agricultural Products company Godrej Agrovet announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: The consolidated revenues from operations remained flat at Rs 2,134 crore in Q4FY25 as compared to Rs 2,134 crore in Q4FY24. Company reported consolidated EBITDA, excluding non-recurring & exceptional items, of Rs 160 crore in Q4FY25 as compared to Rs 164 crore in Q4FY24. Company reported Profit before tax*, excluding non-recurring & exceptional items, of Rs 74 crore in Q4FY25 as compared to Rs 83 crore in Q4FY24. FY25 Financial Highlights: FY25 consolidated revenue from operations was Rs 9,383 crore as compared to Rs 9,561 crore in FY24. Company reported consolidated EBITDA, excluding non-recurring & exceptional items, of Rs 845 crore in FY25 as compared to Rs 757 crore in FY24. Company reported Profit before tax*, excluding non-recurring & exceptional items, of Rs 485 crore in FY25 as compared to Rs 434 crore in FY24. B. S. Yadav, Managing Director, Godrej Agrovet, said: In the FY25 Godrej Agrovet Limited (GAVL) continued to create value for its stakeholders by focusing on margin expansion initiatives across all its businesses. As a result of this, I am delighted to share that FY25 was the best year of profitability for Standalone Godrej Agrovet Limited. On a consolidated basis as well, profitability improved across all businesses except Astec LifeSciences and Poultry & Processed Foods and Profit before tax (excluding non-recurring & exceptional items) grew by 12%. This growth in profitability was primarily driven by exceptional performance of the domestic Crop Protection business, Vegetable Oil business and margin expansion in Animal Feed business. The domestic Crop Protection business delivered stellar performance primarily driven by higher volumes of in-house products. The performance of the Vegetable Oil business improved significantly on the back of improved end-product prices. Animal Feed business recorded a significant increase in segment margins led by favorable commodity positions and cost optimization. Our Dairy business continued to build on the remarkable turnaround and profitability improved year-on-year due to focused efforts on improving operational efficiencies and improved milk spread. The Poultry business recorded a decline in topline and profitability. Decline in topline was on account of lower volumes in live bird category in line with our strategy to improve the salience of branded categories. While volumes in the branded category improved, elevated input costs & unfavorable product & channel mix adversely impacted profitability. For Astec Lifesciences, FY25 proved to be another challenging year as it was severely impacted by continued demand-supply imbalance, volume headwinds and price corrections in both enterprise and contract manufacturing portfolios. During the year, Godrej Agrovet continued to focus on achieving the long-term sustainability targets guided by the Godrej Group's Good & Green vision. For second year in a row, we have been included in “A” list – leadership band of Climate Disclosure Project’s (CDP) climate disclosures & also for Water & Forests (Palm Oil) disclosure. GAVL’s CDP scores are ahead of the global averages. We achieved good progress in achieving 2025 sustainability targets led by (a) 81% of energy consumption from clean renewable energy sources as against target of 90% and (b) being a water positive company already conserving 16 times more water than the consumption. The Company has also been conferred with CII’s coveted & prestigious Climate Action Programme ‘CAP 2.0 Award’ in “Oriented” category. Result PDF