AWL Agri Business files BRSR for FY26

2 min read     Updated on 15 Jun 2026, 05:43 PM
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AWL Agri Business filed its Business Responsibility and Sustainability Report for FY26 with exchanges, reporting a turnover of ₹72,307.63 crore and achieving 95% traceability for self-sourced palm oil. The company operates 24 plants and 7 offices, serving 28 states and 8 union territories in India, with exports contributing 7% to sales. The report highlights that 98% of packaging materials used were recyclable and confirms RSPO certification for all palm refineries.

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AWL Agri Business has filed its Business Responsibility and Sustainability Report for the financial year 2025-26 with BSE Limited and National Stock Exchange of India Limited. The disclosure, submitted on June 13, 2026, details the company's performance on environmental, social, and governance parameters as part of its Integrated Annual Report.

The company reported that it achieved more than 95% traceability to mills for self-sourced palm oil, meeting its medium-term target for FY26. Additionally, approximately 98% of the packaging materials used by the company were recyclable. All palm refineries remained certified under the Roundtable on Sustainable Palm Oil (RSPO) standards during the year.

Operational and Financial Overview

For the financial year 2025-26, AWL Agri Business recorded a turnover of ₹72,307.63 crore and a net worth of ₹10,340.17 crore. The company’s operations are primarily in the manufacturing of edible oils, food, and FMCG products, which accounted for 96% of its turnover. The remaining 4% came from other manufacturing activities.

The company operates 24 plants and 7 offices nationally, serving 28 states and 8 union territories in India, along with 68 countries internationally. Exports contributed 7% to the overall sales.

Employee and Workforce Statistics

As of March 31, 2026, the company had a total workforce of 6,950 individuals, comprising 2,881 permanent employees and 4,069 workers. The permanent employee base included 2,781 male and 100 female employees. The workforce included 4,049 male workers and 20 female workers.

The Board of Directors comprised 8 members, with female representation at 11.11%. The company reported that it had no differently abled employees or workers on its rolls during the period.

Environmental and Governance Initiatives

The company has implemented an Occupational Health and Safety Management System aligned with ISO 45001:2018 standards across its 24 manufacturing facilities. It has also commissioned rooftop solar systems across 17 locations with a cumulative installed capacity of 11661 kWp to reduce greenhouse gas emissions.

AWL Agri Business has constituted an Environmental, Social, and Governance (ESG) Committee, comprising a majority of Independent Directors, to oversee sustainability-related matters. The company obtained reasonable assurance and limited assurance for its BRSR report from Intertek India Private Limited.

Key Subsidiaries and Holdings

Name of Entity Type % of Shares Held
Golden Valley Agrotech Private Limited Subsidiary 100%
G. D. Foods Manufacturing (India) Private Limited Subsidiary 80%
Omkar Chemical Industries Private Limited Subsidiary 67%
AWL Agri Holdings Pte. Ltd. Subsidiary 100%
Leverian Holdings Pte. Ltd. Step Down Subsidiary 100%
Bangladesh Edible Oil Limited Step Down Subsidiary 100%
Vishakha Polyfab Private Limited Joint Venture 50%
K.T.V. Health Food Private Limited Joint Venture 50%
AWN Agro Private Limited Joint Venture 50%
PT Flextech Packaging, Indonesia Associate 25%

Historical Stock Returns for AWL Agri Business

1 Day5 Days1 Month6 Months1 Year5 Years
+3.89%+4.99%+0.24%-19.11%-25.77%-28.76%

How will AWL Agri Business leverage its high traceability and RSPO certification to expand its market share in environmentally conscious international markets?

What specific strategies will the company implement to improve gender diversity, given the low female representation in its workforce and board?

With 98% of packaging materials already recyclable, what are the next steps in the company's sustainability roadmap to further reduce its environmental footprint?

Shree Renuka Sugars partners with AWL for Madhur brand distribution

1 min read     Updated on 29 May 2026, 03:53 AM
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Shree Renuka Sugars Limited entered into definitive agreements with AWL Agri Business Ltd on May 28, 2026, for the marketing and distribution of 'Madhur' sugar. Effective July 1, 2026, Shree Renuka Sugars will manufacture the product while AWL manages distribution, with royalties set at 1% for company-supplied sugar and 0.5% for third-party procurement. The material related party transaction, subject to shareholder approval, leverages AWL's network of 113 depots and 0.95 million retail outlets to expand the brand's reach.

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Shree Renuka Sugars Limited has entered into definitive agreements with AWL Agri Business Ltd for the supply, marketing, and distribution of refined sugar under the 'Madhur' brand. The agreements, signed on May 28, 2026, include a Supply Agreement, a Brand License Agreement, and an Employee Transfer Agreement. This strategic collaboration is set to take effect from July 1, 2026, and aims to strengthen the presence of the 'Madhur' brand across India through AWL's extensive distribution network.

Under the arrangement, Shree Renuka Sugars will continue to manufacture and package 'Madhur' sugar, while AWL will handle marketing, distribution, logistics, and supply chain management. The definitive agreements outline that Shree Renuka Sugars will retain ownership of the 'Madhur' brand and related intellectual property, granting AWL the rights to use the brand for marketing and allied activities. Both parties have also agreed to transfer certain employees from Shree Renuka Sugars to AWL from the cut-off date.

The financial terms of the collaboration include a royalty structure based on total sales. AWL will pay a royalty of 1% on the total sales of 'Madhur' sugar manufactured and supplied by Shree Renuka Sugars through its own mills. For 'Madhur' sugar procured by AWL through third-party or toll unit arrangements, the royalty rate is set at 0.5% of total sales. The pricing for procurement of refined sugar will be determined as per the pricing formula specified in the Supply Agreement.

Metric Detail
Brand Licensed Madhur
Product Category Refined Sugar
Effective Date July 1, 2026
Royalty Rate (SRSL Mills) 1% of total sales
Royalty Rate (Third Party) 0.5% of total sales
AWL Responsibilities Marketing, Distribution, Logistics, Supply Chain
Minimum Annual Supply 100,000 MT
Target Supply Volume 150,000 MT

The arrangement is a related party transaction in the ordinary course of business, conducted on an arm’s length basis. Wilmar International Limited, through its wholly owned subsidiaries, is the ultimate holding company of both Shree Renuka Sugars and AWL, holding 62.48% and 56.94% respectively. The company stated that this integration is expected to drive higher market penetration, improve operational efficiency, and optimize sales and distribution costs, thereby supporting the growth of its branded food business.

Historical Stock Returns for AWL Agri Business

1 Day5 Days1 Month6 Months1 Year5 Years
+3.89%+4.99%+0.24%-19.11%-25.77%-28.76%

How will this partnership impact Shree Renuka Sugars' profit margins given the differential royalty rates?

What risks does Shree Renuka Sugars face by outsourcing critical distribution and marketing functions to AWL?

Could this operational model pave the way for similar collaborations with other brands within the Wilmar International portfolio?

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