Godrej Agrovet Limited

NSEI:GODREJAGRO Stock Report

Market Cap: ₹137.1b

Godrej Agrovet Valuation

Is GODREJAGRO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GODREJAGRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GODREJAGRO (₹713.35) is trading above our estimate of fair value (₹525.66)

Significantly Below Fair Value: GODREJAGRO is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GODREJAGRO?

Key metric: As GODREJAGRO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GODREJAGRO. This is calculated by dividing GODREJAGRO's market cap by their current earnings.
What is GODREJAGRO's PE Ratio?
PE Ratio34.6x
Earnings₹3.96b
Market Cap₹137.15b

Price to Earnings Ratio vs Peers

How does GODREJAGRO's PE Ratio compare to its peers?

The above table shows the PE ratio for GODREJAGRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.3x
GAEL Gujarat Ambuja Exports
17.4x18.8%₹58.9b
KSCL Kaveri Seed
14.7x12.0%₹44.1b
530307 Chaman Lal Setia Exports
18.2xn/a₹20.2b
BSHSL Bombay Super Hybrid Seeds
66.9xn/a₹15.5b
GODREJAGRO Godrej Agrovet
34.6x19.5%₹137.1b

Price-To-Earnings vs Peers: GODREJAGRO is expensive based on its Price-To-Earnings Ratio (34.6x) compared to the peer average (29.3x).

Price to Earnings Ratio vs Industry

How does GODREJAGRO's PE Ratio compare vs other companies in the IN Food Industry?

11 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARIIND Zuari Industries
1.3xn/aUS$111.62m
SARVESHWAR Sarveshwar Foods
3.3xn/aUS$107.69m
539594 Mishtann Foods
2.1xn/aUS$91.64m
507315 Sakthi Sugars
4.4xn/aUS$42.98m
GODREJAGRO 34.6xIndustry Avg. 24.5xNo. of Companies25PE020406080100+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GODREJAGRO is expensive based on its Price-To-Earnings Ratio (34.6x) compared to the Indian Food industry average (24.5x).

Price to Earnings Ratio vs Fair Ratio

What is GODREJAGRO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GODREJAGRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.6x
Fair PE Ratio38.8x

Price-To-Earnings vs Fair Ratio: GODREJAGRO is good value based on its Price-To-Earnings Ratio (34.6x) compared to the estimated Fair Price-To-Earnings Ratio (38.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GODREJAGRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹713.35
₹797.67
+11.8%
7.6%₹910.00₹729.00n/a6
Dec ’25₹750.55
₹797.67
+6.3%
7.6%₹910.00₹729.00n/a6
Nov ’25₹723.35
₹812.80
+12.4%
7.0%₹910.00₹735.00n/a5
Oct ’25₹738.70
₹830.80
+12.5%
9.5%₹970.00₹735.00n/a5
Sep ’25₹783.70
₹775.67
-1.0%
12.2%₹880.00₹590.00n/a6
Aug ’25₹818.30
₹669.33
-18.2%
13.3%₹830.00₹590.00n/a6
Jul ’25₹750.75
₹626.00
-16.6%
9.3%₹740.00₹570.00n/a6
Jun ’25₹519.10
₹580.86
+11.9%
12.3%₹661.00₹420.00n/a7
May ’25₹544.15
₹548.00
+0.7%
11.1%₹619.00₹420.00n/a8
Apr ’25₹501.90
₹549.88
+9.6%
10.9%₹619.00₹420.00n/a8
Mar ’25₹526.85
₹549.88
+4.4%
10.9%₹619.00₹420.00n/a8
Feb ’25₹566.45
₹505.50
-10.8%
9.1%₹579.00₹420.00n/a8
Jan ’25₹557.30
₹501.75
-10.0%
9.3%₹579.00₹420.00n/a8
Dec ’24₹503.20
₹501.75
-0.3%
9.3%₹579.00₹420.00₹750.558
Nov ’24₹462.80
₹493.63
+6.7%
9.2%₹579.00₹420.00₹723.358
Oct ’24₹480.25
₹513.43
+6.9%
8.7%₹579.00₹470.00₹738.707
Sep ’24₹480.65
₹520.50
+8.3%
8.8%₹579.00₹470.00₹783.708
Aug ’24₹487.85
₹488.63
+0.2%
12.8%₹570.00₹400.00₹818.308
Jul ’24₹453.70
₹470.50
+3.7%
12.1%₹570.00₹400.00₹750.758
Jun ’24₹430.55
₹470.50
+9.3%
12.1%₹570.00₹400.00₹519.108
May ’24₹437.95
₹530.25
+21.1%
9.0%₹570.00₹440.00₹544.158
Apr ’24₹412.70
₹530.25
+28.5%
9.0%₹570.00₹440.00₹501.908
Mar ’24₹439.95
₹546.38
+24.2%
10.4%₹631.00₹440.00₹526.858
Feb ’24₹446.60
₹558.38
+25.0%
8.4%₹631.00₹475.00₹566.458
Jan ’24₹469.70
₹570.88
+21.5%
8.6%₹631.00₹490.00₹557.308
Dec ’23₹481.80
₹569.78
+18.3%
8.1%₹631.00₹490.00₹503.209

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 18:49
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Godrej Agrovet Limited is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Vijayaraghavan SwaminathanAvendus Spark
Gnanasundaram SaminathanAvendus Spark