Godrej Agrovet Limited is a leading agri-business company in India, known for its innovative, research-driven approach to enhancing agricultural productivity. Focused on improving the lives of Indian farmers, the company develops products and services that sustainably boost yields in both crops and livestock. With a strong emphasis on research and development, Godrej Agrovet has positioned itself at the forefront of agricultural innovation, addressing the challenges faced by the farming community.
The company operates in five key business segments: Animal Feed, Crop Protection, Oil Palm, Dairy, and Poultry & Processed Foods. It holds dominant positions in these sectors, reflecting its wide-reaching influence across India’s agricultural landscape. In animal feed, Godrej Agrovet is one of the largest players, providing high-quality feed products that enhance livestock productivity. In crop protection, the company offers a range of agrochemicals that protect crops and maximize yields. Its oil palm business promotes sustainable palm cultivation, while the dairy and poultry segments cater to the growing demand for quality food products. Through its diversified business model, Godrej Agrovet continues to contribute significantly to India’s agricultural sector.
Recent News on Godrej Agrovet Ltd
In a strategic move to enhance its presence in the food sector, Godrej Agrovet Limited has acquired Tyson Foods’ 49% stake in Godrej Tyson Foods for ₹322.8 crore, making it a wholly-owned subsidiary. This acquisition aims to strengthen Godrej Agrovet’s food business in India, allowing the company to leverage its expertise in the poultry segment and expand its product offerings. By integrating Tyson Foods’ operations, Godrej Agrovet plans to improve efficiencies, increase production capabilities, and broaden its range of high-quality poultry and processed food products. This decision aligns with the company’s long-term growth strategy, emphasizing its commitment to research and development while delivering innovative and sustainable food solutions to meet the growing consumer demand in the Indian market.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 74.05% | 74.05% | 74.05% | 74.03% | 74.02% |
| FIIs + | 9.55% | 9.44% | 9.43% | 9.48% | 7.48% |
| DIIs + | 5.09% | 5.49% | 5.09% | 4.34% | 5.88% |
| Public + | 11.31% | 11.04% | 11.44% | 12.14% | 12.61% |
| No. of Shareholders | 1,08,641 | 1,02,899 | 1,02,653 | 99,674 | 1,26,487 |
The shareholding patterns of Godrej Agrovet Limited reveal a stable landscape among its stakeholders. Promoters maintained a strong 74.05% stake as of September 2023, slightly decreasing to 74.02% by September 2024. Meanwhile, Foreign Institutional Investors (FIIs) saw a decline from 9.55% to 7.48%, suggesting a reassessment of investments. Domestic Institutional Investors (DIIs) fluctuated between 5.09% and 5.88%, indicating renewed interest. Public shareholding increased from 11.31% to 12.61%, reflecting growing retail investor confidence. The number of shareholders dipped initially but rebounded from 99,674 in June 2024 to 126,487 by September 2024, highlighting a renewed interest in Godrej Agrovet Limited.
Below are the trading platforms that you can use to purchase Godrej Agrovet Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| November 2024 | 785.55 | 683.09 |
| December 2024 | 793.41 | 689.92 |
In November 2024, Godrej Agrovet is expected to reach a maximum price of ₹785.55, while the minimum price is projected to be ₹683.09. Following this, in December 2024, Godrej Agrovet is anticipated to achieve a maximum price of ₹793.41, with a minimum price expected to be ₹689.92. This forecast reflects the company’s potential growth and market dynamics in the latter part of the year.
| When | Maximum Price | Minimum Price |
| January 2025 | 801.34 | 616.42 |
| February 2025 | 809.44 | 622.64 |
| March 2025 | 826.44 | 635.72 |
| April 2025 | 818.25 | 629.43 |
| May 2025 | 794.42 | 611.09 |
| June 2025 | 830.17 | 638.59 |
| July 2025 | 813.89 | 626.07 |
| August 2025 | 839.06 | 645.43 |
| September 2025 | 849.13 | 653.18 |
| October 2025 | 871.21 | 670.16 |
| November 2025 | 892.99 | 686.92 |
| December 2025 | 933.18 | 717.83 |
As we move into January 2025, Godrej Agrovet is expected to have a maximum price of ₹801.34 and a minimum price of ₹616.42. In February, the maximum is projected at ₹809.44, with a minimum of ₹622.64. March shows an expected maximum of ₹826.44 and a minimum of ₹635.72. In April, Godrej Agrovet’s maximum price is anticipated to be ₹818.25, with a minimum of ₹629.43. As we approach May, the maximum is expected at ₹794.42 and the minimum at ₹611.09. June has a projected maximum of ₹830.17 and a minimum of ₹638.59. Moving into July, the maximum is expected at ₹813.89, with a minimum of ₹626.07. In August, the maximum is projected to be ₹839.06, while the minimum is expected to be ₹645.43. September shows a maximum of ₹849.13 and a minimum of ₹653.18. In October, the maximum is projected at ₹871.21, with a minimum of ₹670.16. As we approach November, Godrej Agrovet is expected to reach a maximum of ₹892.99 and a minimum of ₹686.92. Finally, in December, the maximum is anticipated to be ₹933.18, with a minimum of ₹717.83.
| When | Maximum Price | Minimum Price |
| January 2026 | 961.17 | 739.36 |
| February 2026 | 937.14 | 720.88 |
| March 2026 | 955.88 | 735.30 |
| April 2026 | 975.39 | 750.30 |
| May 2026 | 965.73 | 742.87 |
| June 2026 | 989.88 | 761.44 |
| July 2026 | 970.47 | 746.51 |
| August 2026 | 1,000.48 | 769.60 |
| September 2026 | 1,020.49 | 784.99 |
| October 2026 | 1,047.03 | 805.40 |
| November 2026 | 1,073.20 | 825.54 |
| December 2026 | 1,100.03 | 846.18 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,111.03 | 854.64 |
| February 2027 | 1,139.52 | 876.55 |
| March 2027 | 1,183.96 | 910.74 |
| April 2027 | 1,160.75 | 892.88 |
| May 2027 | 1,126.94 | 866.88 |
| June 2027 | 1,177.65 | 905.88 |
| July 2027 | 1,154.56 | 888.12 |
| August 2027 | 1,190.27 | 915.59 |
| September 2027 | 1,231.93 | 947.64 |
| October 2027 | 1,263.96 | 972.27 |
| November 2027 | 1,295.55 | 996.58 |
| December 2027 | 1,327.94 | 1,021.50 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,354.50 | 1,041.93 |
| February 2028 | 1,389.23 | 1,068.64 |
| March 2028 | 1,443.41 | 1,110.32 |
| April 2028 | 1,415.11 | 1,088.55 |
| May 2028 | 1,373.89 | 1,056.84 |
| June 2028 | 1,435.72 | 1,104.40 |
| July 2028 | 1,407.57 | 1,082.74 |
| August 2028 | 1,451.10 | 1,116.23 |
| September 2028 | 1,501.89 | 1,155.30 |
| October 2028 | 1,540.94 | 1,185.34 |
| November 2028 | 1,579.46 | 1,214.97 |
| December 2028 | 1,618.95 | 1,245.35 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,651.33 | 1,270.25 |
| February 2029 | 1,693.67 | 1,302.82 |
| March 2029 | 1,759.72 | 1,353.63 |
| April 2029 | 1,725.22 | 1,327.09 |
| May 2029 | 1,674.97 | 1,288.44 |
| June 2029 | 1,750.34 | 1,346.42 |
| July 2029 | 1,716.02 | 1,320.02 |
| August 2029 | 1,769.10 | 1,360.84 |
| September 2029 | 1,831.01 | 1,408.47 |
| October 2029 | 1,878.62 | 1,445.09 |
| November 2029 | 1,925.59 | 1,481.22 |
| December 2029 | 1,973.73 | 1,518.25 |
| When | Maximum Price | Minimum Price |
| January 2030 | 2,013.20 | 1,548.62 |
| February 2030 | 2,064.82 | 1,588.32 |
| March 2030 | 2,145.35 | 1,650.27 |
| April 2030 | 2,103.28 | 1,617.91 |
| May 2030 | 2,042.02 | 1,570.79 |
| June 2030 | 2,133.91 | 1,641.47 |
| July 2030 | 2,092.07 | 1,609.29 |
| August 2030 | 2,156.77 | 1,659.06 |
| September 2030 | 2,232.26 | 1,717.12 |
| October 2030 | 2,290.30 | 1,761.77 |
| November 2030 | 2,347.56 | 1,805.81 |
| December 2030 | 2,406.25 | 1,850.96 |
As we move into January 2030, Godrej Agrovet is expected to have a maximum price of ₹2,013.20 and a minimum price of ₹1,548.62. In February, the maximum is projected at ₹2,064.82, with a minimum of ₹1,588.32. March shows an expected maximum of ₹2,145.35 and a minimum of ₹1,650.27. In April, Godrej Agrovet’s maximum price is anticipated to be ₹2,103.28, with a minimum of ₹1,617.91. As we approach May, the maximum is expected at ₹2,042.02 and the minimum at ₹1,570.79. June has a projected maximum of ₹2,133.91 and a minimum of ₹1,641.47. Moving into July, the maximum is expected at ₹2,092.07, with a minimum of ₹1,609.29. In August, the maximum is projected to be ₹2,156.77, while the minimum is expected to be ₹1,659.06. September shows a maximum of ₹2,232.26 and a minimum of ₹1,717.12. In October, the maximum is projected at ₹2,290.30, with a minimum of ₹1,761.77. As we approach November, Godrej Agrovet is expected to reach a maximum of ₹2,347.56 and a minimum of ₹1,805.81. Finally, in December, the maximum is anticipated to be ₹2,406.25, with a minimum of ₹1,850.96.
Financial Condition of Godrej Agrovet Ltd
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 6,964 | 6,267 | 8,306 | 9,374 | 9,561 | 9,401 |
| Expenses + | 6,475 | 5,703 | 7,637 | 8,851 | 8,856 | 8,666 |
| Operating Profit | 489 | 564 | 669 | 523 | 704 | 735 |
| OPM % | 7% | 9% | 8% | 6% | 7% | 8% |
| Other Income + | 49 | 90 | 109 | 139 | 90 | 86 |
| Interest | 42 | 46 | 63 | 99 | 108 | 109 |
| Depreciation | 148 | 154 | 173 | 185 | 214 | 216 |
| Profit before tax | 349 | 453 | 542 | 378 | 473 | 496 |
| Tax % | 14% | 23% | 23% | 22% | 24% | |
| Net Profit + | 301 | 348 | 419 | 295 | 359 | 384 |
| EPS in Rs | 15.94 | 16.33 | 20.96 | 15.71 | 18.71 | 20.26 |
| Dividend Payout % | 34% | 49% | 45% | 60% | 53% |
Godrej Agrovet Ltd has demonstrated a commendable financial performance from March 2020 to March 2024, highlighting its strategic positioning within the diversified agri-business landscape. In this five-year span, the company recorded a significant increase in sales, growing from ₹6,964 crores in March 2020 to ₹9,561 crores in March 2024. This upward trend in sales illustrates Godrej Agrovet’s ability to effectively leverage its diverse portfolio, which spans across animal feed, crop protection, dairy, and processed foods, among other segments.
However, this growth in sales has not come without challenges, as expenses have also escalated, reaching ₹8,856 crores in March 2024. This increase in expenses has had an impact on the operating profit, which, while achieving a solid ₹704 crores in March 2024, reflects an operating profit margin (OPM) of 7%. The OPM, although indicative of a healthy operational performance, underscores the need for the company to manage its cost structures effectively to enhance profitability further.
In terms of other income, Godrej Agrovet Ltd experienced fluctuations, peaking at ₹139 crores in March 2023 before declining to ₹90 crores in March 2024. Such variability suggests that the company may rely on specific non-operational revenues, which could be influenced by various external factors or investment performance. Interest expenses have also increased, climbing to ₹108 crores in March 2024, along with depreciation costs that rose to ₹214 crores. These rising costs highlight the importance of efficient capital management and strategic financial planning to sustain profitability.
Despite these rising costs, the company has shown resilience in its profit before tax, which grew from ₹349 crores in March 2020 to ₹473 crores in March 2024. The effective tax rate during this period has remained relatively stable, averaging around 24%, which has allowed Godrej Agrovet to retain a healthy portion of its earnings for reinvestment and distribution. Consequently, net profit increased from ₹301 crores in March 2020 to ₹359 crores in March 2024, resulting in commendable earnings per share (EPS) of ₹18.71.
Moreover, Godrej Agrovet Ltd’s commitment to returning value to its shareholders is reflected in its dividend payout ratio, which stood at 53% in March 2024. This consistent dividend distribution signals the company’s financial health and its strategy to reward investors while ensuring adequate funds for growth and expansion.
FAQs
What is the current market capitalization of Godrej Agrovet Ltd?
Godrej Agrovet Ltd’s current market capitalization stands at a Strong ₹14,326 crore.
The latest share price of Godrej Agrovet Ltd is priced at ₹745, reflecting market confidence and potential.
Godrej Agrovet Ltd’s share price targets for 2025 range from a promising ₹611.09 to an optimistic ₹933.18, indicating strong potential for growth and investor interest throughout the year.
Godrej Agrovet Ltd share price is projected to soar from ₹1,548.62 to ₹2,406.25 in 2030, suggesting substantial growth opportunities and market optimism.
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Conclusion
In conclusion, Godrej Agrovet Limited stands out as a prominent player in India’s agricultural sector, driven by a commitment to innovation and sustainability. The company’s strategic focus on diverse segments, including animal feed, crop protection, and dairy, positions it favorably in a rapidly evolving market. The recent acquisition of Tyson Foods’ stake demonstrates its ambition to enhance its footprint in the food sector and expand product offerings.
Shareholding patterns reveal stability among promoters and a growing retail investor base, indicating confidence in the company’s growth trajectory. Looking ahead, projections for Godrej Agrovet’s share prices suggest a strong upward trend, with significant increases anticipated from 2024 through 2030. This indicates not only the company’s resilience but also its potential to deliver sustained value to shareholders as it continues to innovate and meet the demands of the agricultural landscape.
What did we learn?
- 1 Recent News on Godrej Agrovet Ltd
- 2 Shareholdings Patterns of Godrej Agrovet Limited
- 3 How to Purchase Godrej Agrovet Ltd Shares in India?
- 4 Godrej Agrovet Ltd Share Price Prediction: 2024 – 2030
- 4.1 Godrej Agrovet Ltd Share Price Prediction 2024
- 4.2 Godrej Agrovet Ltd Share Price target 2025
- 4.3 Godrej Agrovet Ltd Share Price Prediction 2026
- 4.4 Godrej Agrovet Ltd Share Price target 2027
- 4.5 Godrej Agrovet Ltd Share Price Prediction 2028
- 4.6 Godrej Agrovet Ltd Share Price Prediction 2029
- 4.7 Godrej Agrovet Ltd Share Price Prediction 2030
- 5 Financial Condition of Godrej Agrovet Ltd
- 6 FAQs
- 7 Conclusion
