BSECompany Update5 Aug 2026 · 5 Aug 2026, 06:25 pm
Please find enclosed Investor Presentation for the quarter ended June 30 2026
Godrej Agrovet Ltd · 540743
✦ AI SummaryResults
Godrej Agrovet Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, with a focus on its refreshed strategy and direction. The company has identified areas for growth, transformation, and reduction, and has outlined its priorities for capital allocation and portfolio streamlining.
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Earnings Impact6/10
Growth Catalyst7/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Godrej Agrovet Ltd - 540743 - Announcement under Regulation 30 (LODR)-Investor Presentation
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Date: August 5, 2026
To, To,
BSE Limited National Stock Exchange of India Limited
P. J. Towers, Dalal Street, Exchange Plaza, Bandra - Kurla Complex,
Fort, Mumbai – 400001 Bandra (East), Mumbai - 400051
Ref.: BSE Scrip Code No. “540743” Ref.: “GODREJAGRO”
Sub: Presentation to Investors & Analysts
Dear Sir/Madam,
The Board of Directors of Godrej Agrovet Limited (“The Company”) at its Meeting held on Wednesday,
August 5, 2026, has approved the Standalone and Consolidated Unaudited Financial Results for the
Quarter ended June 30, 2026.
We enclose herewith a copy of the presentation for the Investors and Analysts and the same is being
placed on the website of the Company i.e., www.godrejagrovet.com.
Kindly take the above on your record.
Thanking you,
Yours sincerely,
For Godrej Agrovet Limited
Vivek Raizada
Head- Legal & Company Secretary & Compliance Officer
(ACS 11787)
Encl.: As above
RESULTS PRESENTATION
FIRST QUARTER, FINANCIAL YEAR 2027
1I Godrej Agrovet
DISCLAIMER
This communication is provided for information purposes only and does not constitute (and should not be construed as) an
offer, invitation or solicitation to buy or sell any securities or other financial instruments, or any investment advice. Recipients
should make their own independent assessment and consult appropriate professional advisers. The information and opinions
contained herein are stated as of the date of this communication and are subject to change without notice; while reasonable
care has been taken in its preparation, the Company makes no representation or warranty, express or implied, as to the
accuracy, completeness or fairness of such information (including any third-party/industry data) and, to the fullest extent
permitted by law, disclaims any liability for any loss arising from the use of this communication or its contents. Certain
statements herein may constitute “forward-looking statements” under applicable laws and regulations, based on current
expectations, assumptions and information available to the Company, and involve risks and uncertainties that could cause
actual results to differ materially, including changes in economic and market conditions, competitive dynamics, laws,
regulations, taxes and their interpretation, foreign exchange and interest rate movements, demand and supply conditions,
operational or supply-chain disruptions, labour matters, litigation or regulatory proceedings, and the timing or impact of
corporate actions. Forward-looking statements speak only as of the date hereof and undue reliance should not be placed on
them; except as required by law, the Company undertakes no obligation to update or revise them. This communication should
be read together with the Company’s disclosures and filings made from time to time in accordance with applicable legal and
regulatory requirements; where alternative performance measures are included, they are presented for supplemental purposes,
may not be comparable across companies, and should not be viewed as a substitute for financial information prepared in
accordance with applicable accounting standards.
2 I Godrej Agrovet
GAVL Strategy Curtain Raiser
Macro overview of our refreshed direction
3 I Godrej Agrovet
Recognizing the strengths & Reimagining the future
While our core is strong… … we need a structural reset focused on value creation
1 Deep understanding of Agri sector 1 Streamlining a complex portfolio
2 State-of-the-art R&D capabilities 2 Building “Multiple pillars of growth” (MPOG) in each business
3 Pan-India manufacturing and farmer footprint 3 Building future-ready market-facing capabilities
4 Procurement and sourcing edge 4 Shifting away from commodity mindset
5 Increasing value-added portfolio 5 Fostering a high-performance, results-oriented culture
6 Entrepreneurial and resilient
OUR PURPOSE
Crafting abundance
through innovation that empowers farmers and nourishes our nation.
Crafting abundance will need a shift from commodity led thinking to
customer facing approach
From To
Animal Nutrition
Feed business, with commodity buying and R&D Nutrition mindset, with innovation, technical
Business, ACI
as strengths service, marketing and sourcing as moats
Godrej
Crop-care proposition with product innovation,
Crop Care Business Product chemistry and patent focus
distribution and branding as moats
Oil Palm Business Volume led upstream player & bulk refiner Differentiated, value added products player
Specialized, service-led CDMO player, along with
Astec Enterprise product catalogue led approach
premium enterprise offerings
Protein forward foods company with strong
GFL Processed poultry player
consumer brands
Value-added dairy business with distribution
CDPL Milk-dominated business model
excellence and brands
Focused businesses, Selective capital allocation for superior value creation
• Double-down on growth / invest: Cattle Feed, OPB, CCB, GFL Branded
Prioritize • Reboot / Transform: CDPL, ACI Godrej, Astec
businesses
• Reduce revenue / restrict capex: RGC B2B, Broiler Feed
• Remaining segments within businesses: Grow with market / manage for cash
• Businesses have been identified for strategic review (e.g., Shrimp Feed)
Streamline the • Select plants have been evaluated for closure
portfolio
• Unprofitable / sub-scale sub-segments have been identified for exit
• Live Bird Trading will be closed
• Capex to continue @ 300 – 350 Cr / year, funded through internal accruals
• A majority of growth capex allocated towards high-margin, high ROCE businesses
Allocate capital to
with focus on long-term value creation
portfolio priorities
• Sharp focus on managing Net Working Capital to ensure significant improvement in
ROCE
OPB = Oil Palm business, CCB = Crop Care business, GFL = Godrej Foods Ltd., CDPL = Creamline Dairy, RGC = Real Good Chicken 7
Q1FY27 Performance Update
8 I Godrej Agrovet
Resilient topline performance amid transient cost and weather headwinds
Animal Nutrition - Bangladesh
Animal Nutrition - India
Oil Palm Business
Cattle feed volume +15% Volume growth +15%
OER# growth
43 bps
growth
Volume growth +9% PBT* growth +12%
EBIT growth +14%
EBIT growth +30%
* In local currency terms
Godrej Foods Creamline Dairy Astec
Sharp reduction in losses y-o-y
Yummiez volume growth 22% Revenue growth +11%
EBITDA Break-even continued
Branded salience >80% Volume growth +8%
Crop Care
Significantly delayed monsoon impacted volumes of
key products resulting in de-growth in revenue (~17%)
and margins (~38%)
# OER: Oil Extraction Ratio
9 I Godrej Agrovet
CONSOLIDATED FINANCIALS – Q1 FY27
Excluding non-recurring & exceptional items As reported
₹ Crore
Q1FY27 Q1FY26 Y-o-Y Change Q1FY27 Q1FY26 Y-o-Y Change
Sales 2,852 2,603 10% 2,852 2,603 10%
Earnings before interest, tax and
259 282 -8% 255 282 -9%
Depreciation (EBITDA)
EBITDA Margin (%) 9.1% 10.8% 8.9% 10.8%
Profit before Tax & Share of Profit
172 188 -8% 169 188 -10%
of joint venture
PBT Margin (%) 6.0% 7.2% 5.9% 7.2%
Profit after tax (PAT) 126 149 -15% 128 149 -14%
PAT Margin (%) 4.4% 5.7% 4.5% 5.7%
Please refer to annexure for details of non-recurring items
10 I Godrej Agrovet
Segment Wise Performance Update
11 I Godrej Agrovet
ANIMAL NUTRITION
Leading compound animal nutrition play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India
Particulars Q1 FY27 Q1 FY26 Y-o-Y Change
Sales Volume (tons) 402,257 375,139 7.2%
Segment Revenue (Cr) 1,302 1,156 12.6%
Reported Segment Result (Cr) 84 65 29.7%
Reported Segment Margin (%) 6.4% 5.6%
Underlying Segment Result (Cr) 102# 75 35.8%
Underlying Segment Margin (%) 7.8% 6.5%
▪ Delivered robust topline growth powered by strong demand-led volume expansion and improved
realizations. Cattle feed volumes grew ~15% YoY, reinforcing the business's leadership position and
growth momentum.
▪ Margin performance strengthened materially, with underlying segment results improving by ~36% YoY,
reflecting the benefits of strategic commodity sourcing, operating leverage, and relentless cost discipline.
#Underl
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