Add a name for Godrej Agrovet with a goal worth of Rs 550. present market worth. 513.4 is Rs. worth can attain its goal. Analysts have given its time interval as one yr.

Godrej Agrovet Ltd., integrated within the yr 1991, is a Mid Cap firm (having a market cap of Rs 9901.05 Crore) working in Agriculture/Horticulture/Livestock sector.

The most important product/income segments of Godrej Agrovet Restricted embody Animal Feed, Oil Vegetable, Crop Safety, Different, Different Working Income for the yr ended 31-March-2022.

monetary scenario

For the quarter ended 30-06-2022, the Firm reported Consolidated Whole Revenue of Rs.2517.53 Crore, up 17.98% from final quarter’s Whole Revenue of Rs.2133.92 Crore and 25.67% over final yr’s corresponding quarter of Rs.2003.21 Crore. above. Firm has reported Web Revenue after Tax of Rs 74.97 Crore in newest quarter.

funding logic
Godrej Agrovet’s profitability confronted turmoil attributable to a pointy fall in cattle feed (49.6% in Q1 FY23) margins; A pointy correction in soybean costs, whereas the corporate had high-cost stock, resulted in animal feed’s EBIT falling 61.6% year-on-year. Nevertheless, on the income entrance, progress remained sturdy throughout sectors (crop safety). The corporate has additionally gained market share in sub-segments like broiler feed, shrimp feed, cattle feed and dairy. It fashions GAVL to report income and PAT CAGR of 21.1% and 16% throughout FY 2012-24E, and stays assured of worth creation (ROE > value of fairness). This cuts earnings estimates to issue within the firm’s decrease profitability in Q1FY23.

Promoter/FII Holdings
As of June 30-June-2022, promoters held 73.7 per cent stake within the firm, whereas FIIs held 1.48 per cent, DIIs 2.89 per cent.

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