Godrej Agrovet Ltd

Godrej Agrovet Ltd Performance

Day's Price Range
52-Week Price Range
1 Month Return-4.96 %
3 Month Return-8.48 %
1 Year Return-9.14 %

Analyst Rating

based on 8 analysts


Based on 8 analysts offering long term price targets for Godrej Agrovet Ltd. An average target of ₹530.25

Source: S&P Global Market Intelligence

Analyst Forecast

Godrej Agrovet Ltd price forecast by 8 analysts

Upside of27.04%







Current Price: ₹411

Target Price: ₹530.25

Source: S&P Global Market Intelligence

Godrej Agrovet Ltd Valuation

Godrej Agrovet Ltd in the last 5 years

Lowest (15.61x)

March 24, 2020

Today (20.40x)

March 22, 2023

Highest (60.00x)

April 24, 2018



Price to Earnings TTM Ratio

Insights on Godrej Agrovet Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.


    MF Holding Up

    Mutual Funds have increased holdings from 2.25% to 2.28% in Dec 2022 quarter


    Profit Spike

    Netprofit is up for the last 2 quarters, 71.76Cr → 116.42Cr (in ₹), with an average increase of 38.4% per quarter

  • imgNO EFFECT

    Against Peers

    In the last 1 year, Bombay Super Hybrid Seeds Ltd has given 690.5% return, outperforming this stock by 699.6%

  • imgNO EFFECT

    Against Peers

    In the last 3 years, Bombay Super Hybrid Seeds Ltd has given 4027.4% return, outperforming this stock by 3984.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    Promoters holdings remained unchanged at 74.07% of holdings in Dec 2022 quarter


    Retail Holding Down

    Retail Investor have decreased holdings from 19.13% to 10.61% in Dec 2022 quarter


    Price Dip

    In the last 6 months, GODREJAGRO stock has moved down by -19.7%


    Revenue Fall

    Revenue is down for the last 3 quarters, 2.53KCr → 2.40KCr (in ₹), with an average decrease of 2.5% per quarter


    FII Holding Down

    Foreign Institutions have decreased holdings from 1.64% to 1.58% in Dec 2022 quarter

Godrej Agrovet Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
Foreign Institutions
Mutual Funds
Retail Investors

Godrej Agrovet Ltd Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Corporate Announcements

  • Godrej Agrovet Ltd Earnings Results

    Godrej Agrovet Ltd’s net profit jumped 78.94% since last year same period to ₹116.42Cr in the Q3 2022-2023. On a quarterly growth basis, Godrej Agrovet Ltd has generated 62.24% jump in its net profits since last 3-months.

    Read More
  • Godrej Agrovet Ltd Dividends May,2022

    In the quarter ending June 2022, Godrej Agrovet Ltd has declared dividend of ₹9.5 - translating a dividend yield of 2.28%.

    Read More

Godrej Agrovet Ltd Company Information

Godrej Agrovet Limited GAVL is a diversified agribusiness Group and its principal activities include manufacturing and marketing of high quality animal feed innovative crop protection agricultural inputs palm oil allied products poultry and processed food dairy products.GAVL has a pan India presence with sales of over a million tonnes annually of high quality feed and cuttingedge nutrition products for cattle poultry aqua feed and specialty feed. Apart from these businesses the company has two joint ventures one with Tyson Foods Inc. USA in the processed poultry segment and other one with the ACI group of Bangladesh for animal feed business in Bangladesh.Godrej Agrovet Limited was incorporated as a private limited company with the name Godrej Agrovet Private Limited on November 25 1991 in the state of Gujarat. The company became a deemed public limited company and the word private was struck off from the name of the Company with effect from April 27 1992.In 1992 the company acquired the agrovet division of Godrej Soaps Limited. In 1997 the company acquired the oil palm business from Godrej Soaps Limited. In 1999 the company acquired poultry business from IPF Breeders Private Limited.The company was converted into a public limited company and the name of the company was changed to Godrej Agrovet Limited on February 19 2002. In 2004 the company entered into a joint venture with the Advanced Chemical Industries Limited ACI Group from Bangladesh to manufacture and sell Compound Feed. The ACIGodrej Agrovet joint venture ranks among the top three feed companies across all categories in Bangladesh.The company entered the dairy business with acquisition of 26 equity interest in Creamline Dairy Products Limited in 2005. Creamline Dairy Products has significant presence in Andhra Pradesh Telangana Tamil Nadu Karnataka and Maharashtra under the Jersey Brand name. It also has a very interesting valueadded product portfolio like Curd Flavored Yogurt and Ice Cream among others. During the year under review the company acquired 26 stake in Polchem Hygiene Laboratories Private Limited. During the year under the company acquired shrimp feed business from Higashimaru Feeds India Limited.In 2012 VSciences made investment in Godrej Agrovet Limited by acquiring 19.99 equity stake. In 2015 Godrej Agrovet acquired promoter holding in Astec Life Sciences Limited. Astec is a business tobusiness tech bulk manufacturer of fungicides in India. It also has a contract manufacturing presence and counts multinational agro chemical companies like Sumitomo and Nufarm among its clients. It has established a successful track record in nurturing stable and long term relationships with highly reputed companies in U.S.A. Europe West Asia South East Asia and Latin America.During the year under review Godrej Agrovet increased its stake from 26 to 52 in Creamline Dairy.In 2016 Godrej Agrovet sold its 26 stake in Polchem Hygiene Laboratories Private Limited.The company came out with an initial public offer IPO during the period from 4 October 2017 to 6 October 2017. The IPO comprised of fresh issue of Rs 291.51 crore. The IPO also comprised of offer for sale of 1.23 crore shares by VSciences Investments Pte Ltd an indirect wholly owned subsidiary of Temasek Holdings Private Limited and offer for sale of Rs 300 crore by pomoters Godrej Industries. The stock debuted at Rs 621 on BSE on 16 October 2017 a premium of 35 compared to the IPO price of Rs 460 per share. On 23 January 2018 Godrej Agrovet announced that Maxximilk Private Limited had also allotted 2.16 of the Equity Share Capital to Anamudi Real Estates LLP on Preferential basis. Consequently the shareholding of Godrej Agrovet Limited in Maxximilk Private Limited on 18 January 2018 was less than 50 instead of 51 as informed earlier vide letter dated 18 January 2018. Hence Maxximilk Private Limited is not a subsidiary of Godrej Agrovet Limited.On 11 May 2018 Godrej Agrovet announced that it has increased its total shareholding from 49 to 49.9 in Godrej Tyson Foods Limited GTFL by way of purchase of additional 0.9 of the total Paidup Equity Share Capital from GTFLs existing member viz. Tyson India Holdings Limited with effect from 10 May 2018.On 17 May 2018 Godrej Agrovets subsidiary Creamline Dairy Products Limited CDPL announced that as a part of its expansion plans it intends to invest Rs 400 crore in 3 greenfield milk processing plants in Tamil Nadu North Karnataka and Maharashtra over the period of next three years. Further CDPL may plan to raise funds through debt or by way of public issue if required subject to necessary approvals. The Board of Directors Board of Godrej Agrovet at its Meeting held on 14 September 2018 considered and approved the amalgamation of Astec LifeSciences Limited Astec with Godrej Agrovet Limited GAVL in consideration for Equity Shares of GAVL. The proposed amalgamation would be carried out vide a Scheme of Amalgamation of Astec LifeSciences Limited with Godrej Agrovet Limited and their respective Shareholders the Scheme under Sections 230 to 232 of the Companies Act 2013 and other applicable provisions if any of the Companies Act 2013. In consideration for the amalgamation of Astec with GAVL GAVL will issue and allot 11 Eleven fully paid up equity shares of Rs. 10 / each to the Equity Shareholders of Astec as on Record Date for every 10 Ten fully paid up equity shares of Rs. 10/ each held by them in Astec.During the year 2019 Company has taken multiple steps to increase its product offering and increase connect with farmers and distributors. It introduced products across categories such as Reflex Pixel Annova Beleaf Czaar Green etc. with the objective of upgrading product portfolio from solo to ready mix products. Marketing team also worked towards redesigning and standardizing product designs emplates and marketing collateral which helped to increase brand awareness. Apart from this it launched a digital platform named Drishtikon to promote seamless communication with distributors and promote transparency. The application was launched in November 2018 with the channel partners and witnessed high subscription from distributors.In the dairy business Companys subsidiary Creamline Dairy Products Limited CDPL launched new products in FY 201819 with the purpose of increasing product offering. New product launches included products like thick milk shakes in different flavors premium range of icecreams and yogurts in different flavors. All new products received encouraging response from customers. CDPL also set up a new Ultrahigh temperature UHT milk processing facility in Hyderabad plant for supplying the UHT Milk.The Company increased stake in Godrej Tyson Foods Limited GTFL to 51 on March 27 2019 and thereby the latter became a subsidiary from a Joint Venture. During FY 2019 Poultry Processed Foods Business focused on increasing the product portfolio in Yummiez product range and on growing the live bird business. In the Yummiez portfolio GTFL launched the Royale product range to include new chicken products in the portfolio. It focused on increasing brand visibility through outdoor advertising in key cities in which it operates. Further Ludhiana plant which was set up for increasing vegetarian processed food product range is now ready and GTFL plans to launch to new vegetarian range in coming fiscal year. Godrej Tyson Foods and Godrej Maxximilk became majority owned subsidiaries in 2019.In CFY 201920 Company launched Hitweed Maxx which is an inhouse herbicide and a onestop solution for controlling all major weeds in the cotton crop. It launched Hanabi through an inlicensing arrangement with Nissan Chemical Corporation Japan which is used for managing mites in tea plantation. In addition other products such as Bloxit Veteran Prudens and Rohelus were launched which not only enhanced product portfolio but also helped Company to enter new crops and new markets.During the year 2021 the Company launched a cattle feed product Samruddhi in the western region. In the Dairy segment it rebranded product portfolio under the new Godrej Jersey logo and have also started selling Jersey ghee in parts of Maharashtra. In Crop Protection it has partnered with other large agrochemical companies to increase the distribution reach of inhouse and inlicensed products.During the FY 202021 there has been considerable progress on RD projects undertaken to increase the oil extraction ratio from the Fresh Fruit BunchesFFBs. Further the Company also worked on increasing area under plantation and currently has around 75000 hectares under palm oil cultivation. Also the Department of Horticulture Telangana allotted to the Company for oil palm cultivation and the district has a development potential of 28164 hectares.During year 202021 Creamlime Dairy Products Limited CDPL focused in strengthening the marketing position and increasing the brand awareness. Additional Jersey parlours Jersey distribution centers and digital platforms were set up to increase brand awareness and market share. CDPL also relaunched the entire product portfolio under a new Godrej Jersey logo. In the key southern markets Mysore Pak was introduced and Jersey Ghee was launched in Maharashtra Mumbai.In FY 2021 Astec LifeSciences commissioned a new herbicides plant in Mahad.In the Animal Feed business the Company launched two new products Doodh Vriddhi and Champion in year 2022. In the Crop Protection segment it launched two new products Protraitt herbicide and Gracia insecticide. Gracia has further strengthened its collaboration with Nissan after introduction of Hanabi. Its subsidiary Astec LifeSciences Limited commissioned two new products under Contract Development and Manufacturing Organisation CDMO category during the year. The Dairy subsidiary Creamline Dairy Products Limited CDPL introduced new variants of its Jersey Recharge energy drink fruit yogurt as well as paneer and ghee. Company also launched Jersey milk beverages in the Northern States. Moreover CDPL registered strong market share gains in Curd milk drinks and ghee categories in key South Indian markets as well.During the year 2022 the Company participated in the Carbon Disclosure Project CDP under carbon and forests categories becoming one of the first companies in the agri sector. In February 2022 GAVLs Crop Protection segment launched new insecticide Gracia by extending inlicensing arrangement with Nissan Chemical Corporation Japan.

Godrej Agrovet Ltd Share Price: ₹411.00 per share as on 23 Mar, 2023 04:01 PM
Godrej Agrovet Ltd Market Capitalisation: ₹8,595.36Cr as of today
Godrej Agrovet Ltd Revenue: ₹2,407.01Cr as on December 2022 (Q4 22)
Godrej Agrovet Ltd Net Profit: ₹116.42Cr as on December 2022 (Q4 22)
Godrej Agrovet Ltd Listing date: 06 May, 1996
Godrej Agrovet Ltd Chairperson Name: N B Godrej
OrganisationGodrej Agrovet Ltd
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Frequently Asked Questions

Godrej Agrovet Ltd(GODREJAGRO) share price today is ₹411.00 (last updated 23 Mar, 2023 at 04:01 PM)

  • Today’s highest price of Godrej Agrovet Ltd(GODREJAGRO) is ₹419.20.
  • Today’s lowest price of Godrej Agrovet Ltd(GODREJAGRO) is ₹410.10.
  • (last updated 23 Mar, 2023 at 04:01 PM)
Today’s traded volume of Godrej Agrovet Ltd(GODREJAGRO) is 50083.
Today’s market capitalisation of Godrej Agrovet Ltd(GODREJAGRO) is ₹8,595.36Cr.
Godrej Agrovet Ltd(GODREJAGRO)Price
52 Week High₹593.00
52 Week Low₹407.00
  • (last updated 23 Mar, 2023 at 04:01 PM)
  • Godrej Agrovet Ltd(GODREJAGRO) share price is ₹411.00 (last updated 23 Mar, 2023 at 04:01 PM). It is down -30.69% from its 52 Week High price of ₹593.00
    Godrej Agrovet Ltd(GODREJAGRO) share price is ₹411.00 (last updated 23 Mar, 2023 at 04:01 PM). It is up 0.98% from its 52 Week Low price of ₹407.00
    Godrej Agrovet Ltd(GODREJAGRO)Returns (%)
    1 Day Returns-1.53%
    1 Month Returns-4.96%
    1 Year Returns-9.14%
    3 Year Returns43.29%
    5 Year Returns-35.08%
    Godrej Agrovet Ltd(GODREJAGRO) share price is ₹411.00 and its price to earning (PE) is 20.40. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.

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