Godrej Agrovet Limited, an agri-business company, provides products and services that enhance crop and livestock yields.
Excellent balance sheet with proven track record.
Share Price & News
How has Godrej Agrovet's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 540743's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 540743 underperformed the Indian Food industry which returned 10% over the past year.
Return vs Market: 540743 exceeded the Indian Market which returned -27.6% over the past year.
Price Volatility Vs. Market
How volatile is Godrej Agrovet's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Godrej Agrovet undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 540743 (₹387.35) is trading above our estimate of fair value (₹167.41)
Significantly Below Fair Value: 540743 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 540743 is poor value based on its PE Ratio (21.6x) compared to the Food industry average (11.2x).
PE vs Market: 540743 is poor value based on its PE Ratio (21.6x) compared to the Indian market (9.6x).
Price to Earnings Growth Ratio
PEG Ratio: 540743 is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: 540743 is overvalued based on its PB Ratio (4.3x) compared to the IN Food industry average (0.8x).
How is Godrej Agrovet forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 540743's forecast earnings growth (19.7% per year) is above the savings rate (6.5%).
Earnings vs Market: 540743's earnings (19.7% per year) are forecast to grow faster than the Indian market (19.1% per year).
High Growth Earnings: 540743's earnings are forecast to grow, but not significantly.
Revenue vs Market: 540743's revenue (11.3% per year) is forecast to grow faster than the Indian market (8.8% per year).
High Growth Revenue: 540743's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 540743's Return on Equity is forecast to be low in 3 years time (17.9%).
How has Godrej Agrovet performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 540743 has a large one-off gain of ₹1.5B impacting its December 31 2019 financial results.
Growing Profit Margin: 540743's current net profit margins (5.1%) are higher than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: 540743's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: 540743's earnings growth over the past year (44.1%) exceeds its 5-year average (10.7% per year).
Earnings vs Industry: 540743 earnings growth over the past year (44.1%) exceeded the Food industry 20.6%.
Return on Equity
High ROE: 540743's Return on Equity (16.5%) is considered low.
How is Godrej Agrovet's financial position?
Financial Position Analysis
Short Term Liabilities: 540743's short term assets (₹22.0B) do not cover its short term liabilities (₹22.9B).
Long Term Liabilities: 540743's short term assets (₹22.0B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: 540743's debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 540743's debt to equity ratio has reduced from 109.6% to 30.1% over the past 5 years.
Debt Coverage: 540743's debt is well covered by operating cash flow (39.4%).
Interest Coverage: 540743's interest payments on its debt are well covered by EBIT (8.5x coverage).
What is Godrej Agrovet's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 540743's dividend (1.16%) is higher than the bottom 25% of dividend payers in the Indian market (0.91%).
High Dividend: 540743's dividend (1.16%) is low compared to the top 25% of dividend payers in the Indian market (3.92%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 540743 has been paying a dividend for less than 10 years.
Growing Dividend: 540743 has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.1%), 540743's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 540743's dividends in 3 years are forecast to be well covered by earnings (28% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Balram Yadav (55yo)
Mr. Balram Singh Yadav has been the Managing Director of Godrej Agrovet Limited since May 20, 2009. Mr. Yadav serves as Managing Director of Godrej Tyson Foods. He serves as an Executive of Godrej Industri ...
CEO Compensation Analysis
Compensation vs Market: Balram's total compensation ($USD620.20K) is above average for companies of similar size in the Indian market ($USD472.13K).
Compensation vs Earnings: Balram's compensation has been consistent with company performance over the past year.
|MD & Executive Director||no data||₹46.90m||2.22% ₹1.5b|
|CFO and Head of Legal & IT||3.5yrs||no data||no data|
|Head of Legal||no data||no data||0.000030% ₹20.8k|
|Head of Human Resources||2.75yrs||no data||no data|
|Head of Manufacturing & Supply Chain Excellence||3.83yrs||no data||0.056% ₹38.8m|
|Head of Research & Development and Nutrition||3.5yrs||no data||no data|
|Executive Vice President||no data||no data||no data|
|Head of Crop Protection Business||3.5yrs||no data||0.046% ₹31.6m|
|Head of Human Resources - Food Business||3.83yrs||no data||no data|
|Chief Executive Officer of Oil Palm Plantations Business||3.83yrs||no data||no data|
Experienced Management: 540743's management team is considered experienced (3.5 years average tenure).
|MD & Executive Director||no data||₹46.90m||2.22% ₹1.5b|
|Chairman||no data||₹750.00k||0.000050% ₹34.7k|
|Independent Director||27.67yrs||₹1.50m||no data|
|Independent Director||2.75yrs||₹1.50m||0.000050% ₹34.7k|
|Independent Director||2.75yrs||₹1.35m||no data|
|Independent Director||2.75yrs||₹1.45m||0.00052% ₹360.7k|
|Director||no data||₹750.00k||0.92% ₹637.5m|
Experienced Board: 540743's board of directors are seasoned and experienced ( 14.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 540743 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Godrej Agrovet Limited's company bio, employee growth, exchange listings and data sources
- Name: Godrej Agrovet Limited
- Ticker: 540743
- Exchange: BSE
- Founded: 1991
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: ₹69.356b
- Shares outstanding: 192.04m
- Website: https://www.godrejagrovet.com
Number of Employees
- Godrej Agrovet Limited
- Godrej One
- 3rd Floor, Pirojshanagar
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|540743||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2017|
|GODREJAGRO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 2017|
Godrej Agrovet Limited, an agri-business company, provides products and services that enhance crop and livestock yields. It operates through Animal Feed, Vegetable Oil, Crop Protection, Dairy, and Other Business segments. The company offers animal feed, such as cattle, poultry, aqua, and specialty feed, as well as on-farm technical support services. It also engages in the oil palm cultivation with approximately 61,700 hectares of plantations across Andhra Pradesh, Telangana, Tamil Nadu, Goa, Maharashtra, and Mizoram producing crude palm oil, crude palm kernel oil, and palm kernel cake. In addition, the company produces and markets plant growth regulators and bio-stimulants under the Vipul, Double, and Combine brands in India, as well as exports to the United States, Kenya, and Mauritius; herbicides; insecticides; fungicides; and soil conditioners and organic manures. Further, it manufactures and markets poultry and meat products under the Real Good Chicken brand; vegetarian and non-vegetarian ready-to-cook products under the Real Good Yummiez name; and processes and sells milk and milk-based products under the Jersey brand. Additionally, the company produces agrochemical active ingredients, intermediates, and pharmaceutical intermediates, as well as offers off-patented chemistries to domestic agrochemical marketers and also for exports to the United States, Europe, West Asia, South East Asia, and Latin America. It is also involved in the seed and real estate businesses, as well as energy generation through windmill. The company was incorporated in 1991 and is based in Mumbai, India. Godrej Agrovet Limited is a subsidiary of Godrej Industries Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 13:03|
|End of Day Share Price||2020/04/08 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.