BSE:540743

Stock Analysis Report

Executive Summary

Godrej Agrovet Limited, an agri-business company, provides products and services that enhance crop and livestock yields.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

8.5%

540743

4.9%

IN Food

3.8%

IN Market


1 Year Return

1.3%

540743

17.9%

IN Food

6.0%

IN Market

Return vs Industry: 540743 underperformed the Indian Food industry which returned 17.9% over the past year.

Return vs Market: 540743 underperformed the Indian Market which returned 6% over the past year.


Shareholder returns

540743IndustryMarket
7 Day8.5%4.9%3.8%
30 Day4.5%6.7%2.9%
90 Day9.5%17.9%2.9%
1 Year2.3%1.3%19.5%17.9%8.2%6.0%
3 Yearn/a69.8%64.8%23.0%16.7%
5 Yearn/a141.6%129.7%43.6%30.0%

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

1 year ago | Simply Wall St

Top 3 Growth Stocks For The Month

1 year ago | Simply Wall St

Top 3 Growth Stocks For The Month

Valuation

Is Godrej Agrovet undervalued compared to its fair value and its price relative to the market?

30.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 540743 (₹518.7) is trading above our estimate of fair value (₹249.24)

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 (30.9x) compared to the Food industry average (14.3x).

PE vs Market: 540743 is poor value based on its PE Ratio (30.9x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: 540743 is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: 540743 is overvalued based on its PB Ratio (6x) compared to the IN Food industry average (0.9x).


Next Steps

Future Growth

How is Godrej Agrovet forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

12.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 540743's forecast earnings growth (12.2% per year) is above the savings rate (7.6%).

Earnings vs Market: 540743's earnings (12.2% per year) are forecast to grow slower than the Indian market (18% per year).

High Growth Earnings: 540743's earnings are forecast to grow, but not significantly.

Revenue vs Market: 540743's revenue (12% per year) is forecast to grow faster than the Indian market (11.3% per year).

High Growth Revenue: 540743's revenue (12% 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 (15.8%).


Next Steps

Past Performance

How has Godrej Agrovet performed over the past 5 years?

8.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 540743's earnings have grown by 8.4% per year over the past 5 years.

Accelerating Growth: 540743's earnings growth over the past year (38.3%) exceeds its 5-year average (8.4% per year).

Earnings vs Industry: 540743 earnings growth over the past year (38.3%) exceeded the Food industry 15.6%.


Return on Equity

High ROE: 540743's Return on Equity (16.9%) is considered low.


Return on Assets

ROA vs Industry: 540743 has a higher Return on Assets than the Food industry average last year.


Return on Capital Employed

ROCE Improving: 540743's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Godrej Agrovet's financial position?


Financial Position Analysis

Short Term Liabilities: 540743's short term assets (₹18.6B) do not cover its short term liabilities (₹18.8B)

Long Term Liabilities: 540743's short term assets (18.6B) exceeds its long term liabilities (3.0B)


Debt to Equity History and Analysis

Debt Level: 540743's debt to equity ratio (19.4%) is considered satisfactory

Reducing Debt: 540743's debt to equity ratio has reduced from 115.9% to 19.4% over the past 5 years.

Debt Coverage: 540743's debt is well covered by operating cash flow (112.5%).

Interest Coverage: 540743's interest payments on its debt are well covered by EBIT (11.3x coverage).


Balance Sheet

Inventory Level: 540743 has a high level of physical assets or inventory.

Debt Coverage by Assets: 540743's debt is covered by short term assets (assets are 4.684680x debt).


Next Steps

Dividend

What is Godrej Agrovet's current dividend yield, its reliability and sustainability?

0.87%

Current Dividend Yield


Dividend Yield vs Market

company0.9%marketbottom25%0.6%markettop25%2.4%industryaverage0.8%forecastin3Years1.0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 540743's dividend (0.87%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 540743's dividend (0.87%) is low compared to the top 25% of dividend payers in the Indian market (2.42%).

Stable Dividend: Too early to tell whether 540743's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 540743's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.8%), 540743's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Godrej Agrovet's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

Balram Yadav (55yo)

0yrs

Tenure

₹46,903,986

Compensation

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: Insufficient data to establish whether Balram's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Balram's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.0yrs

Average Tenure

Experienced Management: 540743's management team is considered experienced (3 years average tenure).


Board Age and Tenure

14.3yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 540743's board of directors are seasoned and experienced ( 14.3 years average tenure).


Insider Trading

Insider Buying: 540743 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Buy₹47603 Oct 19
Nbg Family Trust
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Godrej Industries Limited
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Role
Senior Key Executive
Head of Central Buying Organisation
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Godrej Industries Limited
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Role
Senior Key Executive
Head of Central Buying Organisation
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Godrej Industries Limited
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Godrej Industries Limited
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Godrej Industries Limited
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Godrej Industries Limited
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Godrej Industries Limited
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Godrej Industries Limited
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EntityIndividual
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R. Masali
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R. Annamalai
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M. Kumar
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A. Rajendra
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R. Masali
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Role
Senior Key Executive
Head of Manufacturing & Supply Chain Excellence
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Praful Bhat
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Role
Senior Key Executive
Head of Manufacturing & Supply Chain Excellence
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R. Masali
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Godrej Industries Limited
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Godrej Industries Limited
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Godrej Industries Limited
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Godrej Industries Limited
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Godrej Industries Limited
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EntityIndividual
Role
Senior Key Executive
Head of Crop Protection Business
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R. Masali
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Pramod Sahu
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Shares13,000
Max Price₹526.87

Ownership Breakdown


Management Team

  • Balram Yadav (55yo)

    MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹46.90m
  • Praful Bhat

    Head of Manufacturing & Supply Chain Excellence

    • Tenure: 3.3yrs
  • R. Govindan

    Executive Vice President

    • Tenure: 0yrs
  • S. Varadaraj

    Head of Finance

    • Tenure: 3yrs
  • Vivek Raizada

    Head of Legal

    • Tenure: 0yrs
  • Vinay Mishra

    Head of Central Buying Organisation

    • Tenure: 3.3yrs
  • Pitamber Narkhade

    Head of Research & Development and Nutrition

    • Tenure: 3yrs
  • Rakesh Dogra

    Head of Crop Protection Business

    • Tenure: 3yrs
  • Sanjivani Sadani

    Head of Human Resources - Food Business

    • Tenure: 3.3yrs
  • Salil Chinchore

    Head of Human Resources

    • Tenure: 2.3yrs

Board Members

  • Vijay Crishna (74yo)

    Director

    • Tenure: 27.2yrs
    • Compensation: ₹750.00k
  • Nadir Godrej (68yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: ₹750.00k
  • Kavas Petigara (71yo)

    Independent Director

    • Tenure: 27.2yrs
    • Compensation: ₹1.50m
  • Tanya Dubash (51yo)

    Director

    • Tenure: 16.5yrs
    • Compensation: ₹750.00k
  • Jamshyd Godrej (70yo)

    Director

    • Tenure: 27.2yrs
    • Compensation: ₹750.00k
  • Ritu Anand (61yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: ₹1.50m
  • Raghunath Mashelkar (76yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: ₹1.35m
  • Roopa Purushothaman (41yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: ₹1.45m
  • Balram Yadav (55yo)

    MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹46.90m
  • Nisa Godrej (41yo)

    Director

    • Tenure: 0yrs
    • Compensation: ₹750.00k

Company Information

Godrej Agrovet Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Godrej Agrovet Limited
  • Ticker: 540743
  • Exchange: BSE
  • Founded: 1991
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹99.612b
  • Shares outstanding: 192.04m
  • Website: https://www.godrejagrovet.com

Number of Employees


Location

  • Godrej Agrovet Limited
  • Godrej One
  • 3rd Floor, Pirojshanagar
  • Mumbai
  • Maharashtra
  • 400079
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540743BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2017
GODREJAGRONSEI (National Stock Exchange of India)YesEquity SharesININROct 2017

Biography

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 Bu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 12:53
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.