Godrej Agrovet
667.25
-4.50(-0.67%)
Market Cap₹12,919.70 Cr
PE Ratio28.20
Company Performance:
1D-0.67%
1M-9.39%
6M-10.07%
1Y-11.02%
5Y+25.20%
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More news about Godrej Agrovet
20Aug 25
Godrej Agrovet Unveils 'Ashitaka': A Game-Changing Herbicide for Maize Crops
Godrej Agrovet has introduced 'Ashitaka', a new herbicide for maize crops, developed in collaboration with ISK Japan. The product targets effective weed control, particularly during early growth stages, to improve maize productivity. Ashitaka is designed to control both grasses and broad-leaved weeds when applied at the 2-4 weed leaf stage. Initially launched in Telangana, Karnataka, and Tamil Nadu, with plans for nationwide expansion. The herbicide aims to address challenges in India's maize sector, which ranks 4th globally in acreage and 5th in annual production.
06Aug 25
Godrej Agrovet Reports 24% Jump in Quarterly Profit to ₹169 Crore
Godrej Agrovet announced impressive financial results for the quarter. Standalone net profit increased by 23.8% to ₹168.89 crore, while revenue from operations grew 15.1% to ₹1,996.81 crore. Consolidated net profit rose 13.1% to ₹148.83 crore, with revenue up 11.2% to ₹2,614.29 crore. The company acquired an additional 36.79% stake in Creamline Dairy Products Limited, increasing its holding to 99.32%. Subsidiary companies declared interim dividends.
02May 25
Godrej Agrovet: Stock Plummets 20% from Peak Post Q4 Results Despite Profit Surge
Godrej Agrovet announced Q4 FY23 results with net profit up 24% to ₹708.00 crore, while revenue remained stable at ₹21,330.00 crore. The company saw improvements in crop protection, vegetable oil, and animal feed segments, but faced challenges in subsidiary Astec Lifesciences and dairy segments. Despite positive financials, the stock fell 8% on May 2 and is down 20% from its 52-week high. The board recommended a dividend of ₹11.00 per equity share.
30Apr 25
Godrej Agrovet: Q4 Profit Up 24%, Declares ₹11 Final Dividend
Godrej Agrovet Limited (GAVL) reported a 24% year-on-year increase in consolidated net profit to ₹70.80 crore for Q4 FY2025. Revenue remained stable at ₹2,134.00 crore, while EBITDA slightly decreased by 0.9% to ₹146.60 crore. The Board recommended a final dividend of ₹11.00 per equity share. GAVL acquired the remaining stakes in Godrej Foods Limited and plans to fully acquire Creamline Dairy Products Limited by September 2025.
21Mar 25
Godrej Agrovet Strengthens Dairy Portfolio: Acquires Remaining Stake in Creamline Dairy Products
Godrej Agrovet Limited (GAVL) has signed an agreement to acquire the remaining 47.38% stake in Creamline Dairy Products Limited (CDPL), making it a wholly-owned subsidiary. This follows a previous announcement to acquire 48.06% for Rs 930.00 crore. Concurrently, CDPL's brand 'Godrej Jersey' has introduced a 3x3 Strategy for FY 2025-26, focusing on increasing household penetration, market expansion, and product innovation. The strategy aims for Rs 1,000.00 crore topline revenue in Telangana within two years, expanding to 20,000 outlets, and making Godrej Jersey Badam Milk a Rs 100.00 crore brand. R&D spend is set to increase by 50% in FY26. The plan emphasizes three key product categories: Badam Milk, Paneer, and Curd, with increased marketing investments and celebrity endorsements.
21Mar 25
Godrej Agrovet Unveils Ambitious Growth Plans for Southern Markets
Godrej Agrovet Limited (GAVL) announces major expansion in Andhra Pradesh and Telangana, targeting a ₹1000 crore value-added portfolio. Subsidiary Godrej Jersey reveals '3X3 Strategy' for FY26, focusing on three hero products, increased household penetration, and market expansion. The company plans to boost R&D spend by 50%, aiming for ₹1000 crore topline revenue in Telangana within two years. Distribution network to expand to 20,000 outlets in Telangana.
12Mar 25
Godrej Agrovet to Acquire Remaining 48.06% Stake in Creamline Dairy Products for ₹930 Crore
Godrej Agrovet Limited (GAVL) will acquire the remaining 48.06% equity stake in Creamline Dairy Products Limited (CDPL) for ₹930 crore, making it a wholly-owned subsidiary. The acquisition will be completed by September 30, 2025, increasing GAVL's shareholding from 51.94% to 100%. CDPL, operating under the 'Godrej Jersey' brand, has shown consistent growth with a turnover of ₹1,54,050.18 lakh in FY 2023-24. This move aims to strengthen GAVL's position in the southern Indian dairy market.
Godrej Agrovet
667.25
-4.50
(-0.67%)
1 Year Returns:-11.02%
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