āagman

Not investment advice. Data and computed figures, for information only.

Godrej Agrovet Ltd

NSE: GODREJAGRO
₹620.20
−₹7.70 (−1.23%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹12,092 Cr
CMP
₹620.20
52-wk High / Low
₹698 / 506
P/E
25.8
P/B
5.9
Book Value
₹106.0
Div Yield
1.75%
ROCE
19.0%
ROE
20.9%
Face Value
₹10
D/E
0.77

Price−6.2% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹242
√(22.5 × EPS × book value per share)
ROIC
12.8%
vs 13.1% sector median
Cash flow to profit
2.88
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−192
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
11.5%
ROE × earnings retention ratio
ROE stability
3.2
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.16DII −0.58
Latest quarter vs the previous one
Cash-accrual divergence
−14.3%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.1x)
+PE of 25.8x is below the sector median of 34.6x
Watch-outs
−Promoter holding fell by 6.3pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,5102,5712,3452,1342,3512,4492,4502,1342,6142,5672,7182,3332,855
Expenses2,3172,3692,1861,9862,1252,2252,2301,9872,3452,3542,4772,1942,615
Operating Profit193201159148226223220147270213242139240
OPM %7.7%7.8%6.8%6.9%9.6%9.1%9.0%6.9%10.3%8.3%8.9%6.0%8.4%
Other Income32202120252522252418−57827
Interest29282525304034293540352930
Depreciation53535356555857565857565857
Profit before tax1421411028716615015187200135146130181
Net Profit1071048365132961106614984110102128
EPS (₹)5.485.484.782.977.035.845.803.688.354.815.975.456.99

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,3123,7504,9115,1865,9186,9646,2678,3069,3749,5619,38310,23310,474
Expenses3,0433,5794,4714,7415,4626,4755,7037,6378,8518,8568,5629,3699,640
Operating Profit269171440445456489564669523704821864834
OPM %8.1%4.6%9.0%8.6%7.7%7.0%9.0%8.1%5.6%7.4%8.7%8.4%8.0%
Other Income104315955815449901091399093116119
Interest659886453442466399108133138133
Depreciation3752758698148154173185214226229228
Profit before tax271336375372477349453542378473554612593
Net Profit210261273251349301348419295359403445425
EPS (₹)22.6928.1913.4411.9417.1315.9416.3320.9615.7118.7122.3524.5823.22

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 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—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
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−1011822−24−2210−17−523−13262

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %24.017.019.020.018.015.016.016.010.014.017.019.0
ROE %———————————20.9
EPS (₹)22.6928.1913.4411.9417.1315.9416.3320.9615.7118.7122.3524.58
Book Value (₹)———————————106.0
Face Value (₹)———————————10
P/E———————————25.8
Div Yield %———————————1.75
NPM %6.16.45.54.85.74.35.55.03.13.74.34.3
OPM %8.04.69.09.08.07.09.08.06.07.09.08.0
D/E1.071.750.660.290.240.350.490.710.610.560.590.77
P/B———————————5.9

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+11.0%
5 years+10.0%
3 years+3.0%
TTM+9.0%
Compounded profit growth
10 years+11.0%
5 years+8.0%
3 years+23.0%
TTM+3.0%
Stock price CAGR
5 years+0.0%
3 years+9.0%
Last year−5.0%
Return on equity
10 years17.0%
5 years17.0%
3 years18.0%
Last year21.0%

Shareholding pattern

As of 31 Dec 2025
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters68.79%68.79%68.95%70.08%70.70%71.64%74.06%74.05%67.56%67.75%67.75%
FIIs3.21%3.21%3.13%3.46%2.83%2.43%9.70%9.43%7.55%6.32%6.48%
DIIs16.79%16.79%2.82%2.17%1.67%1.61%5.01%5.09%5.45%5.86%5.28%
Government———————————
Public11.22%11.22%25.11%24.29%24.80%24.33%11.23%11.44%19.47%20.08%20.49%
No. of shareholders1,10,2851,10,2851,16,1901,10,5761,05,9541,03,4761,12,5111,02,6531,16,5321,11,3651,14,250
Change since Jun 2023 (pp)
Promoters −1.04FIIs +3.27DIIs −11.51Public +9.27

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Closure of Trading WindowLapse Of 10,958 Stock Options Granted Under Godrej Agrovet Limited - Employees Stock Grant Scheme, 2018Grant Of Stock Options To An Eligible Employee Of The Company Under Godrej Agrovet Limited - Employees Stock Grant Scheme, 2018Intimation Of Resignation Tendered By Senior Management Personnel (SMP)
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026TranscriptMay 2026PPTMay 2026RecordingMay 2026PPT

Corporate actions

As of 29 Jul 2026
29 Jul 2026DIVIDENDDividend - Rs 11 Per Share—
31 Jul 2025DIVIDENDDividend - Rs 11 Per Share—
26 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 10 Per Share—
28 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Rs 9.50 Per Share—
22 Jul 2022DIVIDENDAnnual General Meeting/Dividend - Rs. 9.50 Per Share—
4 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 8 Per Share—
22 Jul 2020DIVIDEND Annual General Meeting/Dividend - Rs 5.50 Per Share—
25 Jul 2019DIVIDEND Annual General Meeting/ Dividend - Rs 4.50 Per Share—
23 Jul 2018DIVIDEND Annual General Meeting / Dividend- Rs 4.5 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman