Adani Wilmar Ltd (AWL)

Adani Wilmar Targets Double-Digit Growth in Edible Oil Segment - 22 Jul, 2024

Adani Wilmar aims to achieve double-digit volume growth in the edible oil segment, particularly in rural markets. The company is leveraging its brand presence and strong distribution network to grow its branded edible oil segment faster than the overall industry. Adani Wilmar sees better margins from the Food and FMCG segment and is investing in expanding its distribution reach in modern trade channels.

Adani, Wilmar Explore Selling Stake in Adani Wilmar - 16 Jul, 2024

Indian billionaire Gautam Adani and Wilmar International are exploring selling equal stakes worth 13% in total of their consumer joint venture Adani Wilmar Ltd., valued at around $670 million.

Adani Wilmar Acquires Majority Stake in Omkar Chemicals - 12 Jul, 2024

Adani Wilmar is set to acquire a 67% stake in Gujarat-based specialty chemicals firm, Omkar Chemicals Industries Private Limited, for an enterprise value of Rs 56.25 crore. The acquisition will help Adani establish a direct production footprint and enhance its offerings in line with the strategies of co-promoter, Wilmar International.

Adani Wilmar Acquires Stake in Specialty Chemicals Firm; Reports Growth in Q1 Volumes - 11 Jul, 2024

Adani Wilmar Ltd acquires a 67% stake in Omkar Chemical Industries Private Ltd (OCIPL) and reports 13% YoY growth in Q1FY25 volumes despite industry challenges.

Adani Wilmar Reports Strong Q1FY25 Results - 08 Jul, 2024

Adani Wilmar Ltd reported a robust 13% YoY volume growth in Q1FY25, along with significant growth in the food & FMCG segment. The company also saw a surge in consolidated net profit of 67.45% in Q4 FY24.

Adani Wilmar Reports Strong Volume Growth in Q1 - 07 Jul, 2024

Adani Wilmar has reported a 13% overall volume growth in the June quarter, with its food and FMCG business volumes growing by 23% YoY. The company anticipates margin expansions aided by stable commodity prices and cost-saving measures.

Adani Wilmar Reports Strong Growth in Q1 FY25 - 06 Jul, 2024

Adani Wilmar reported robust volume growth of 13% YoY in Q1 FY25, driven by market-specific strategies and alternate channels like e-commerce and quick commerce. The company also expects double-digit sales growth for the quarter due to a revival in rural demand. Branded exports were up by 36% YoY, while consolidated net profit surged 67.45% to Rs 156.75 crore in Q4 FY24.

Adani Wilmar Reports Strong Volume Growth in Q1 - 05 Jul, 2024

Adani Wilmar reports a robust 13% YoY volume growth in the April-June quarter of FY2024, driven by market-specific strategies and strong sales and distribution execution. The company's food products business grew by 23%, while branded exports increased by 36%.

Adani Wilmar Ltd Stock Up Despite Inconsistent Financials - 28 Jun, 2024

Adani Wilmar Ltd stock has increased by 3.8% over the past three months despite mixed financials. The company's ROE will be closely watched for any adverse effects on its current price movement.

Investec Maintains Hold Rating on Adani Wilmar with Target Price of Rs 374 - 26 Jun, 2024

Global investment bank Investec has maintained a hold rating on Adani Wilmar Ltd, citing the long-term volume market share gain opportunity as compelling. The bank expects a 7% revenue CAGR in edible oils over FY24-26E driven by 6% volume CAGR. However, the inherent volatility and low-margin nature of the business limit any potential upside.

Adani Wilmar Expects Double-Digit Growth in Q1 FY25 - 24 Jun, 2024

Adani Wilmar is set to achieve double-digit volume growth in the first quarter of fiscal year 2025, with improved margins and a more stable business environment. The company's CEO highlighted that all their plants are AIB approved, setting a benchmark standard quality for their factories.