The search for the next big opportunity in the quick-paced world of investing never ends. Adani Wilmar appears as an alluring competitor for companies looking to capitalize on future development. Investors looking to ensure their financial future have taken notice of Adani Wilmar due to its wide selection of consumer goods and solid business style.
This article explores Adani Wilmar’s share price targets from 2024 to 2030, revealing the potential course of this stock. Join us as we examine the fascinating history of Adani Wilmar and determine whether it is truly a worthwhile addition to your investing portfolio, whether you are an experienced investor or a rookie eager to make your mark.
About Adani Wilmar
Adani Wilmar Limited is a leading Indian FMCG food company, a joint venture between Adani Enterprises and Wilmar International since 1999. It offers essential kitchen commodities, including edible oil, wheat flour, rice, pulses, and sugar, under various brands catering to diverse customer groups. “Fortune” is its top-selling edible oil brand in India. With 23 plants across 10 states and 28 tolling units, it meets excess demand efficiently.
Adani Wilmar is also India’s largest crude edible oil importer and a major manufacturer and exporter of various oils and oleochemicals. Recognized for its innovations and CSR efforts, the company benefits from its parent groups’ expertise in local markets and global sourcing capabilities.
Recent News about Adani Wilmar
Adani Wilmar, a major player in the edible oil and food-FMCG sector, is making strides through strategic acquisitions and product innovation. Recent purchases in food processing and packaging aim to enhance market presence, while new product launches cater to health-conscious consumers. With a focus on sustainability and consumer satisfaction, Adani Wilmar is poised for continued growth and market leadership.
Adani Wilmar Reports 67% Surge in Q4 Net Profit to ₹157 Crore Despite Revenue Dip
- Adani Wilmar’s Q4 FY24 net profit surged by 67% year-on-year to ₹157 crore, compared to ₹94 crore in the same period last year.
- Despite a 3% decline in revenue, totaling ₹51,262 crore, the company managed to achieve robust profitability.
- Strong volume growth in edible oils and food-FMCG businesses drove the impressive performance, fueled by increased retail penetration.
- Focused sales and marketing strategies, along with a regional approach in each category, enabled the company to gain market share.
- Significant milestones were achieved, with sales volumes surpassing 6 million tonnes and the Food and FMCG business reaching 1 million tonnes in sales.
- Improved branded mix in edible oils contributed to enhanced profitability in the latter half of the fiscal year.
- Challenges faced in Bangladesh operations were overcome, with operations returning to normalcy in the quarter.
- Despite declines in revenue from edible oils and industry essentials products, revenue from the food and FMCG business witnessed substantial growth.
- Sales volumes of edible oils, industrial essentials, and food and FMCG products experienced positive growth, reflecting resilience and adaptability in navigating market dynamics.
Below are the trading platforms that you can use to purchase Adani Wilmar shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2024 | 363.74 | 316.29 |
| June 2024 | 376.83 | 327.68 |
| July 2024 | 373.06 | 324.40 |
| August 2024 | 387.99 | 337.38 |
| September 2024 | 403.51 | 350.87 |
| October 2024 | 395.59 | 343.99 |
| November 2024 | 411.42 | 357.75 |
| December 2024 | 415.53 | 361.33 |
In May 2024, the maximum price of Adani Wilmar shares is expected to be 363.74, while the minimum price is anticipated to be 316.29. As we move into June 2024, the maximum price is forecasted to increase to 376.83, with the minimum price rising to 327.68. By July 2024, Adani Wilmar’s maximum price is projected to reach 373.06, while the minimum price is expected to be 324.40. In August 2024, the maximum price for Adani Wilmar shares is anticipated to climb to 387.99, with the minimum price forecasted to be 337.38. Moving forward to September 2024, analysts predict a further increase in Adani Wilmar’s maximum price to 403.51, alongside a minimum price of 350.87. In October 2024, it is expected that the maximum price will be 395.59, while the minimum price is anticipated to be 343.99. As we reach November 2024, Adani Wilmar’s maximum price is projected to peak at 411.42, with the minimum price forecasted to be 357.75. Finally, by December 2024, Adani Wilmar’s maximum price is expected to rise to 415.53, while the minimum price is anticipated to reach 361.33.
| When | Maximum Price | Minimum Price |
| January 2025 | 419.69 | 322.84 |
| February 2025 | 423.93 | 326.10 |
| March 2025 | 432.83 | 332.94 |
| April 2025 | 428.54 | 329.65 |
| May 2025 | 416.06 | 320.05 |
| June 2025 | 434.78 | 334.45 |
| July 2025 | 426.26 | 327.89 |
| August 2025 | 439.44 | 338.03 |
| September 2025 | 444.72 | 342.09 |
| October 2025 | 456.28 | 350.98 |
| November 2025 | 467.68 | 359.76 |
| December 2025 | 488.73 | 375.95 |
In January 2025, Adani Wilmar shares are projected to reach a maximum price of 419.69 and a minimum of 322.84. By December, the maximum price is expected to surge to 488.73, with the minimum rising to 375.95.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹576.12 | ₹377.54 |
| 2027 | ₹695.48 | ₹447.60 |
| 2028 | ₹847.89 | ₹545.69 |
| 2029 | ₹1,033.70 | ₹665.27 |
| 2030 | ₹1,260.22 | ₹811.05 |
In 2026, Adani Wilmar’s maximum price is projected to reach ₹576.12, while the minimum price is expected to be ₹377.54. Moving into 2027, the maximum price for Adani Wilmar is forecasted to increase to ₹695.48, with the minimum price anticipated to rise to ₹447.60. As we progress into 2028, it is expected that Adani Wilmar’s maximum price will climb to ₹847.89, while the minimum price is projected to reach ₹545.69. Looking ahead to 2029, analysts predict a significant uptick in Adani Wilmar’s maximum price to ₹1,033.70, indicating potential growth prospects for the company. Similarly, the minimum price is anticipated to rise to ₹665.27, reflecting a positive outlook for Adani Wilmar’s valuation and market performance. By 2030, Adani Wilmar’s maximum price is forecasted to further increase to ₹1,260.22, suggesting a continuation of the positive momentum witnessed in previous years. Meanwhile, the minimum price is expected to experience a slight increase to ₹811.05, indicating the resilience of Adani Wilmar’s value even amidst market fluctuations. These projections offer valuable insights for stakeholders, providing them with a basis for strategic planning and decision-making in the years ahead.
Financial Condition of Adani Wilmar: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 29,657 | 37,090 | 54,155 | 58,185 | 51,262 |
| Expenses + | 28,348 | 35,765 | 52,418 | 56,521 | 50,126 |
| Operating Profit | 1,310 | 1,326 | 1,736 | 1,664 | 1,135 |
| OPM % | 4% | 4% | 3% | 3% | 2% |
| Other Income + | 110 | 104 | 172 | 259 | 240 |
| Interest | 569 | 407 | 541 | 775 | 749 |
| Depreciation | 241 | 268 | 309 | 358 | 364 |
| Profit before tax | 609 | 755 | 1,059 | 789 | 262 |
| Tax % | 34% | 14% | 27% | 30% | 35.00% |
| Net Profit + | 461 | 729 | 804 | 582 | 148 |
| EPS in Rs | 40.32 | 63.74 | 6.18 | 4.48 | 1.14 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
- Sales have demonstrated consistent growth, rising from ₹29,657 crores in March 2020 to ₹51,262 crores in March 2024.
- Similarly, expenses have increased steadily, from ₹28,348 crores in March 2020 to ₹50,126 crores in March 2024.
- Despite the increase in sales and expenses, the operating profit has fluctuated over the years. It peaked at ₹1,736 crores in March 2022 before declining to ₹1,135 crores in March 2024. This decline led to a reduction in the operating profit margin (OPM) from 4% in March 2022 to 2% in March 2024.
- Other income has shown an upward trend, increasing from ₹110 crores in March 2020 to ₹240 crores in March 2024.
- Interest expenses have fluctuated, with a notable increase from ₹56.9 crores in March 2020 to ₹74.9 crores in March 2024.
- Depreciation expenses have also increased over the years, reflecting investments in assets and infrastructure.
- Profit before tax has shown variability, reaching its peak at ₹1,059 crores in March 2022 before declining to ₹262 crores in March 2024.
- The effective tax rate has fluctuated, reaching its highest at 35% in March 2024.
- Net profit has followed a similar trend to profit before tax, peaking at ₹804 crores in March 2022 before decreasing to ₹148 crores in March 2024.
- Earnings per share (EPS) have shown a significant decline over the years, from ₹63.74 in March 2021 to ₹1.14 in March 2024.
- Dividend payout percentage has remained at 0% throughout the period.
Overall, the financials indicate a mixed performance with fluctuating profitability and declining EPS, suggesting potential challenges in the company’s operations and financial management.
Consensus Share Price Target recommends purchasing Adani Wilmar with a target price of ₹388.00.
FAQS
The projected share price target for Adani Wilmar in 2024 is ₹415.53.
Yes, there is an expected growth in Adani Wilmar’s share price from 2024 to 2030.
The expected maximum share price target for Adani Wilmar is ₹1,260.22.
How has Adani Wilmar’s profit and loss performance been in the past five years?
Adani Wilmar’s profit and loss performance in the past five years has been positive, with consistent growth in revenue and profit.
Based on the company’s income growth, PAT, revenue growth, and profit growth over the last five years, investing in Adani Wilmar shares seems to be a promising opportunity. A Bit PE of 334 indicates Adani Wilmar is slightly overvalued.
Yes, it is recommended for potential investors to seek expert advice and conduct thorough research before making any investment decisions in Adani Wilmar shares.
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Conclusion
In conclusion, Adani Wilmar’s financial performance over the previous five years presents a positive image for potential investors thinking about purchasing company shares.
The reason we are seeing a dip in the share price this year is because Hindenburg reports on Adani Group companies, The business has seen impressive income growth, along with a notable increase in Profit After Tax (PAT), demonstrating its capacity to produce profits effectively.
Adani Wilmar has had remarkable revenue growth and profit growth, underscoring its dominant market position and effective business practices. Purchasing Adani Wilmar shares seems to be a wise decision given the predicted share price objectives from 2024 to 2030, which show an upward tendency.
For those looking to profit from the company’s ongoing success, Adani Wilmar shares provide an attractive investment opportunity because of their history of steady growth and good financial indicators.
What did we learn?
- 1 About Adani Wilmar
- 2 Recent News about Adani Wilmar
- 3 Adani Wilmar Reports 67% Surge in Q4 Net Profit to ₹157 Crore Despite Revenue Dip
- 4 How to purchase Adani Wilmar shares?
- 5 Adani Wilmar Share Price Prediction: 2024 to 2030
- 6 Financial Condition of Adani Wilmar: Last 5 years
- 7 Consensus Share Price Target on Adani Wilmar Share Price Target
- 8 FAQS
- 8.1 What is the projected share price target for Adani Wilmar in 2024?
- 8.2 Is there an expected growth in Adani Wilmar’s share price from 2024 to 2030?
- 8.3 What is the maximum share price target for Adani Wilmar in 2030?
- 8.4 How has Adani Wilmar’s profit and loss performance been in the past five years?
- 8.5 Is investing in Adani Wilmar shares considered a good opportunity?
- 8.6 Should potential investors seek expert advice before investing in Adani Wilmar shares?
- 9 Conclusion
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