Adani Wilmar Ltd Share Price (AWL)

Adani Wilmar's Branded Sales of Edible Oil Grow 15% in FY24 - 10 Apr, 2024

Adani Wilmar reports a 15% YoY growth in branded sales of edible oil in FY24, outpacing the overall segment growth of 10%, as consumers shift back to buying packaged staples from loose items due to falling commodity prices.

Nuvama Institutional Equities Expects 4% Drop in Sales for Adani Wilmar Ltd - 09 Apr, 2024

Adani Wilmar Ltd is expected to see a 4% drop in sales for Q1 FY24 due to price cuts in edible oil. However, Nuvama anticipates EBITDA growth of 43% YoY and margin expansion of 126 basis points YoY. The Food & FMCG business is likely to grow 18% YoY, aided by Kohinoor; whereas the industry essentials segment may suffer a double-digit decline. Overall, consolidated revenue is expected to fall 4% YoY for FY24.

Adani Wilmar Reports Strong Growth in Edible Oils and Foods Businesses - 08 Apr, 2024

Adani Wilmar, the FMCG arm of Adani Group, reported double-digit growth in its edible oils and food businesses during the March quarter. The company achieved its highest-ever volume and gained market share, driven by increased retail penetration and strong domestic sales.

Adani Wilmar Witnesses Double-Digit Growth in Q4 FY2024 - 06 Apr, 2024

Adani Wilmar reported double-digit growth in both edible oils and foods businesses during Q4 FY2024, driven by increased retail penetration. Despite negative impacts of continued export restrictions, the segments revenue grew strongly by 18% YoY due to strong domestic sales. Branded sales in edible oils grew at a faster clip at 15%, compared to overall segment growth of 10% YoY. The Food & FMCG segment achieved the milestone of 1mn MT of sales in FY2024.

Adani Wilmar Reports Double-Digit Growth in Edible Oil and Food Business Segments - 05 Apr, 2024

Adani Wilmar Ltd reports a 15% YoY growth in branded edible oils and an 18% YoY increase in revenue from the food and FMCG segment. The company achieved its highest-ever volume during Q4 FY24.

Adani Wilmar Aims to Increase Food Segment's Share in Overall Revenues - 29 Mar, 2024

Adani Wilmar is focusing on its food and FMCG portfolio, aiming to increase its share of overall revenues from 20% to almost 40% in the next 3-4 years. The company plans to expand direct distribution across rural and urban regions and expects its branded play to become bigger as more consumers shift from unbranded to branded segments.

Adani Wilmar's Balance Sheet Shows Strain - 22 Mar, 2024

Adani Wilmar has liabilities totalling ₹77.0b more than its cash and near-term receivables combined, with EBIT falling 37% in the last twelve months. Future earnings will determine its ability to maintain a healthy balance sheet.

Adani Wilmar Eyes Growth in Branded Foods Business - 14 Mar, 2024

Adani Wilmar is targeting significant growth opportunities in the branded food segment, particularly in staples, spices, sugar, pulses, and wheat flour. The food and FMCG segment constituted 10% of total revenue during April-December 2023, with volume growth at 19%. Adani Wilmar also aims for double-digit volume growth for edible oil by fiscal year 2025.