AWL Agri Business Ltd

During the quarter, the company reported a significant 36% year-on-year revenue growth, with stronger performance in rural towns compared to urban markets. This growth, particularly in the foods category, was driven by expanded reach and increased market penetration. For the entire fiscal year, the company reported strong volume growth of 10% YoY, with edible oils contributing a 10% YoY increase and the food & FMCG sectors achieving a robust 28% YoY growth. However, there was a decline in the Industry Essentials business, the company added. The year ended with total revenue of approximately Rs 62,000 crore, resulting in strong 26% YoY growth. The company met its objective of extending its reach to 50,000 rural towns through the addition of distributors, sub-distributors, and an expanded rural sales force. This represents a tenfold increase over three years, up from 5,000 rural towns in FY '22, the firm stated. The company also announced that it has changed its name to 'AWL Agri Business Limited' from 'Adani Wilmar Limited' as of 17 March 2025, following the receipt of a fresh certificate of incorporation from the Ministry of Corporate Affairs. In Q4, the company's edible oil volume grew by 6% YoY. Sunflower and mustard oils continued to outperform the overall segment growth in FY'25. Fortune Rice Bran Health Oil also saw strong performance, supported by an improved supply chain. However, the company mentioned that higher raw material prices led to increased realizations, contributing to a 44% YoY revenue increase for the quarter. The company reported that its Food & FMCG segment delivered 11% YoY revenue growth, reaching about Rs 1,450 crore. For the full fiscal year FY'25, the segment saw robust volume growth of 28% YoY, driven by strong H1 performance, and generated a total revenue of around Rs 6,150 crore, reflecting its expanding market reach in a large market. AWL Agri Business (formerly Adani Wilmar) is one of India's largest food and FMCG companies, offering a wide range of essential kitchen staples such as edible oils, wheat flour, rice, pulses, and sugar. Its flagship brand, Fortune, is trusted by over 123 million households, reaching one in three Indian families. The company's consolidated net profit zoomed 104.55% to Rs 410.93 crore in Q3 FY25 as against Rs 200.89 crore posted in Q3 FY24. Revenue from operations jumped 23.62% YoY to Rs 15,859.31 crore in the quarter ended 31 December 2024. Shares of Adani Wilmar declined 1.57% to currently trade at Rs 266.45 on the BSE. Powered by Capital Market - Live

AWL Agri Business (formerly known as Adani Wilmar) announced the addition of Fortune Cake Premix to its flourishing product basket for B2B & HoReCa segments. Building on the trusted Fortune brand, Fortune Cake Premix will be available in three variants - Classic Vanilla, Premium Vanilla, and Premium Chocolate, providing a versatile base for creating exceptional cakes. Mukesh Mishra, Senior Vice President - Sales & Marketing, AWL Agri Business said, 'For years, AWL Agri Business Limited has been a trusted supplier to the B2B and HoReCa segment, delivering quality ingredients that professionals rely on. The Fortune Cake Premix is a natural extension of this commitment. We've listened to our partners and developed a product that addresses their need for consistency, efficiency, and versatility in the baking process. It leverages the trust and quality associated with the Fortune brand.' 'By targeting a broad spectrum of culinary experts, we are significantly expanding our consumer base. We believe that premix segment is still under-penetrated with significant scope for growth and disruption. We are confident that our new product will elevate our positioning in the Food FMCG category.' Mukesh Mishra further added.Powered by Capital Market - Live

Adani Wilmar (AWL) today announced the signing of a definitive agreement to acquire G.D. Foods Manufacturing (India) (GD Foods). The acquisition will be executed in multiple tranches, with 80% of the shares to be acquired in the first tranche, and the remaining 20% to be acquired over the next three years. In FY'24, GD Foods achieved a revenue of Rs 386 crore, growing at a 3-year CAGR of 15%, and recorded an EBITDA of Rs  32 crore. The company said, Aligned with our vision to cater to the kitchen needs of Indian households, this acquisition offers a strategic advantage by expanding our portfolio with a broad range of value-added food products. Founded in 1984, GD Foods' owned brand 'Tops' has built a strong reputation as a household brand in North India over the last 40 years, offering high-quality products in categories spanning across tomato ketchup, snack sauce, specialty sauces & culinary sauces, jams, pickles, noodles, instant mixes, corn & choco flakes and cooking essentials such as vinegar, baking powder, cake mix, corn flour. Headquartered in Delhi, the Company's sales are mainly concentrated in seven states in North India, with a retail presence across more than 150,000 outlets. It also maintains in-house manufacturing facilities at 3 locations. Powered by Capital Market - Live

Approximately 99.99% of the total votes cast were in favor of the company's resolution to change its name. The approval of shareholders was sought through a postal ballot, as outlined in the Postal Ballot Notice dated 15 January 2025, which was sent to all shareholders of the company. Adani Wilmar is a provider of edible oil, vanaspati, and specialty fats. The company offers soyabean oil, sesame oil, sunflower oil, cottonseed oil, groundnut oil, mustard oil, groundnut oil, and coconut oil, as well as vegetable ghee. The company is one of the largest FMCG companies in India. The company's consolidated net profit zoomed 104.55% to Rs 410.93 crore in Q3 FY25 as against Rs 200.89 crore posted in Q3 FY24. Revenue from operations jumped 23.62% YoY to Rs 15,859.31 crore in the quarter ended 31 December 2024. The counter declined 1.29% to Rs 259.25 on the bSE.Powered by Capital Market - Live

Revenue from operations jumped 23.62% YoY to Rs 15,859.31 crore in the quarter ended 31 December 2024. Profit before tax was at Rs 546.24 crore in Q3 FY25, registering a growth of 94.42% as against Rs 280.95 crore in Q3 FY24. Adani Wilmar also reported its highest-ever quarterly operating EBITDA of Rs 792 crore, up 57% year-on-year. The edible oil volume grew by 4% YoY and recorded revenue of Rs 13,387, up by 38% YoY. However, branded sales experienced a slight decline, primarily due to lower packed palm oil sales and consumer downtrading. Sales of other branded edible oils, however, saw an increase across the board. The Food & FMCG segment recorded revenue of Rs 1,558 crore in Q3 FY25, up by 22% YoY, driven by robust double-digit growth in both general trade and e-commerce channels. The segment benefitted from bundling low-penetration products with fast-selling items, encouraging consumer trials and adoption. On a trailing-twelve-month (TTM) basis, the segment's revenue reached Rs 6,150 crore. In wheat flour, Adani Wilmar outpaced industry growth and gained market share, with the introduction of smaller pack sizes (up to 2 kg) contributing to strong growth in the South and West regions. The company also worked on improving product availability in rice through better supply chain management. The Industry Essentials segment's revenue increased by 4% YoY to Rs 1,915 crore, although lower sales in castor meals and oil meals led to a volume decline for the segment during the quarter. Angshu Mallick, MD & CEO, Adani Wilmar Limited, 'The company's revenue grew by 31% YoY to Rs 16,859 crore. We delivered another strong quarter, with double-digit growth in both edible oils and Food & FMCG segments. Our edible oils revenue grew by 38% YoY, and our Food & FMCG revenue grew by 22% YoY. This translated into record profits for the quarter, with EBITDA of Rs 792 crore and PAT of Rs 411 crore, marking our best-ever trailing-twelve-month performance with operating EBITDA of Rs 2,390 crore and PAT of Rs 1,192 crore on a TTM basis. He added, 'Our overall Food & FMCG business crossed Rs 6,150 crore on a TTM basis, and we remained committed to building a large packaged food business in India. We gained market share in underindexed markets and categories such as sunflower oil and mustard oil. In wheat flour, we outpaced industry growth this year. Additionally, we expanded our direct rural coverage significantly, reaching 43,000 rural towns by December 2024, up from 5,000 towns in March 2022, positioning us well for future growth. E-commerce revenue grew by 41% YoY on a TTM basis. Adani Wilmar also made significant strides in the South, reporting a 15% YoY volume growth in branded products during Q3. Furthermore, the 'Fortune' brand celebrated its 25th anniversary with a year-long series of consumer campaigns to mark the milestone. Adani Wilmar is a provider of edible oil, vanaspati, and specialty fats. The company offers soyabean oil, sesame oil, sunflower oil, cottonseed oil, groundnut oil, mustard oil, groundnut oil, and coconut oil, as well as vegetable ghee. The company is one of the largest FMCG companies in India. Powered by Capital Market - Live

Net profit of Adani Wilmar rose 104.38% to Rs 410.57 crore in the quarter ended December 2024 as against Rs 200.89 crore during the previous quarter ended December 2023. Sales rose 31.42% to Rs 16859.31 crore in the quarter ended December 2024 as against Rs 12828.36 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales16859.3112828.36 31 OPM %4.703.93 - PBDT654.68376.35 74 PBT546.24280.95 94 NP410.57200.89 104 Powered by Capital Market - Live

Adani Wilmar will hold a meeting of the Board of Directors of the Company on 27 January 2025.Powered by Capital Market - Live

Adani Commodities LLP, one of the promoters of Adani Wilmar have sold 17,56,01,314 equity shares of face value of Rs. 1 each, representing 13.51% of the total issued and paid-up equity share capital of the Company, on 10 January 2025 and 13 January 2025, by way of an offer for sale through a separate designated window of BSE and National Stock Exchange of India, which was completed in accordance with the 'Comprehensive Framework on Offer for Sale (OFS) of Shares through the Stock Exchange Mechanism'. Powered by Capital Market - Live

Adani Commodities (promoter of Adani Wilmar) is exercising the oversubscription option in the offer for sale to the extent of 1,96,29,910 equity shares (representing 1.51% of the total issued and paid-up equity share capital of the company) in addition to 17,54,56,612 equity shares (representing 13.50% of the total issued and paid-up equity share capital of the company) forming part of the base offer size. Accordingly, the aggregate number of offer shares will be up to 19,50,86,522 equity shares (representing 15.01% of the total issued and paid-up equity share capital of the company) of which, up to 1,95,08,653 equity shares (representing 1.50% of the total issued and paidup equity share capital of the company) would be available as part of the Offer on T+1 day (13 January 2025).Powered by Capital Market - Live

Through OFS, promoter proposes to sell up to 17,54,56,612 equity shares or 13.50% stake with an potion to sell additional 6.50% stake or 8,44,79,110 equtiy shares incase of oversubscription. The floor price for sale has been set at Rs 275 per share, a 15.11% discount to the counter's closing price of Rs 323.95 on 9 January 2025. The total OFS size (base size + green shoe) stands at 25,99,35,722 shares, representing 20% of outstanding equity shares of the company, the value of which (at floor price) aggregates to Rs 7,148.23 crore. Adani Commodities held 43.94% stake in Adani Wilmar as of September 2024. The OFS opened on Friday (10 January 2025) for non-retail investors, while both retail as well as non-retail investors will be able to subscribe on Monday (13 January 2025). On Day 1 (T-day), as of 2.15 IST, the OFS received subscription for 5,33,80,821 shares. It was subscribed 33.80% on the base non-retail offer size of 15,79,10,950 shares. Adani Wilmar is a provider of edible oil, vanaspati, and specialty fats. The company offers soybean oil, sesame oil, sunflower oil, cottonseed oil, groundnut oil, mustard oil, groundnut oil, and coconut oil, as well as vegetable ghee. The company is one of the largest FMCG companies in India. The FMCG major reported a consolidated net profit of Rs 311.02 crore in Q2 FY25 as against a net loss of Rs 130.73 crore posted in Q2 FY24. Revenue from operations jumped 17.87% YoY to Rs 14,460.45 crore in the quarter ended 30 September 2024.Powered by Capital Market - Live