- Total income
- ₹61,387 Cr
- Profit
- ₹1,226 Cr

About Awl Agri Business Limited
Data last updated:
Awl Agri Business Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 22 January 1999 and has been in existence for over 27 years.
Awl Agri Business is ranked #48 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L15146GJ1999PLC035320. Its GSTIN is 24AABCA8056G1ZV (Gujarat). The company holds 31 GST registrations, of which 28 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 543458 and NSE: AWL.
The company has an authorised share capital of ₹362.76 Cr and a paid-up capital of ₹129.97 Cr. It is led by directors including Shrikant Kanhere (Managing Director) and Saumin Champaklal Sheth (Whole-Time Director).
Its last annual general meeting (AGM) was held on 07 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹74,731 Cr, a growth of 17.4% compared to the previous year. For the same year it recorded a net profit of ₹1,059.5 Cr (net margin 1.4%) and EBITDA of ₹2,104.98 Cr (EBITDA margin 2.8%). The net worth stands at ₹10,441 Cr (up 10.8% YoY). Total assets are valued at ₹12,349 Cr (up 3.5% YoY).
The company has about 2,442 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 3 joint ventures.
The company is associated with 2 brands: Fortune Foods and Adani Wilmar. As per MCA filings, the company has open charges of ₹15,180 Cr and satisfied charges of ₹8,784.9 Cr on record. Court records list 420 cases involving the company, including 269 filed by the company and 151 filed against it; 116 cases are pending. The company has 16 deals on record (6 market trades, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹518.98 Cr; the latest was in July 2026. Its 4 peer companies in the Food and Beverages industry (Edible Oils, Instant Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 smaller; the largest is Patanjali Foods Limited with revenue of ₹34,289 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 658 overdue payments to 349 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adaniwilmar.com.
Company details
CIN history
Awl Agri Business has one previous CIN (Corporate Identification Number): U15146GJ1999PLC035320. The current CIN is L15146GJ1999PLC035320, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15146GJ1999PLC035320 | Current |
| U15146GJ1999PLC035320 | Previous |
Recognitions & Rankings of Awl Agri Business
- Valuation
- ₹40,450 Cr
Contact details
Awl Agri Business Limited's registered office is in Ahmadabad City, Gujarat. Its website is adaniwilmar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFortune House, Near Navrangpura Railway Crossing, Ahmedabad, Gujarat, India – 380009
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Awl Agri Business Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Awl Agri Business operates two associated brands: Fortune Foods and Adani Wilmar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures edible oils and processed food products for wholesale distribution. | fortunefoods.com | |
| Provider of edible oils, packaged rice, and pulses products | adaniwilmar.com |
Business activity
The main business activities of Awl Agri Business are manufacturing and trade. In detail, this covers food, beverages and tobacco products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Awl Agri Business Limited, buy the company report.
Financials of Awl Agri Business Limited
FY 2025-26 filings availableAwl Agri Business Limited reported revenue of ₹74,731 Cr (up 17.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 74,731 | 63,672 | 51,225 | 58,185 | 54,155 | 37,090 | 29,657 |
| Revenue growth | +17.4% | +24.3% | -12.0% | +7.4% | +46.0% | +25.1% | - |
| EBITDA | 2,105 | 2,482 | 1,082 | 959 | 1,736 | 1,325 | 1,310 |
| EBITDA margin | +2.8% | +3.9% | +2.1% | +1.7% | +3.2% | +3.6% | +4.4% |
| Profit before tax | 1,367 | 1,601 | 262 | 789 | 1,059 | 755 | 609 |
| Net profit | 1,060 | 1,229 | 158 | 584 | 804 | 729 | 461 |
| Net profit margin | +1.4% | +1.9% | +0.3% | +1.0% | +1.5% | +2.0% | +1.6% |
| EPS (₹) | 8.08 | 9.46 | 1.14 | 4.48 | 6.18 | 63.74 | 40.32 |
| Balance sheet | |||||||
| Total assets | 12,349 | 11,932 | 11,536 | 11,175 | 10,930 | 6,749 | 5,227 |
| Net worth | 10,441 | 9,424 | 8,316 | 8,166 | 7,606 | 3,299 | 2,571 |
| Total debt | 1,109 | 1,937 | 2,628 | 2,396 | 2,701 | 3,051 | 2,300 |
| Cash & bank | 1,719 | 1,023 | 2,810 | 3,724 | 4,494 | 1,188 | 1,432 |
| Net working capital | 3,058 | 4,212 | 4,786 | 5,072 | 5,198 | 2,288 | 1,162 |
| Cash flow | |||||||
| Cash from operations | 3,928 | 2,150 | 289 | 663 | 1,198 | 726 | 781 |
| Cash from investing | (1,096) | (278) | 138 | 524 | (3,786) | (484) | (506) |
| Cash from financing | (1,678) | (1,544) | (847) | (919) | 2,658 | (531) | (7.77) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22,202 | 20,048 | 21,465 | 18,603 | 17,605 | 17,059 | 18,230 | 16,839 |
| Revenue growth (YoY) | +26.1% | +17.5% | +17.8% | +10.5% | +21.7% | +20.5% | - | - |
| Other income | 80.74 | 57.13 | 182 | 132 | (61.66) | 212 | 62.04 | 66.69 |
| EBITDA | 623 | 725 | 524 | 527 | 688 | 366 | 448 | 792 |
| EBITDA margin | +2.8% | +3.6% | +2.4% | +2.8% | +3.9% | +2.1% | +2.5% | +4.7% |
| Depreciation | 118 | 117 | 128 | 111 | 107 | 103 | 97.81 | 108 |
| Interest | 241 | 186 | 174 | 185 | 189 | 159 | 178 | 204 |
| Profit before tax | 344 | 478 | 404 | 363 | 330 | 317 | 234 | 546 |
| Tax | 104 | 127 | 111 | 102 | 85.37 | 78.83 | 57.82 | 153 |
| Net profit | 239 | 351 | 293 | 262 | 245 | 238 | 177 | 393 |
| EPS (₹) | 1.85 | 2.71 | 2.26 | 2.08 | 1.89 | 1.84 | 1.47 | 3.16 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 72,308 | 61,677 | 49,243 | 55,262 | 52,302 | 37,090 | 29,657 |
| Revenue growth | +17.2% | +25.3% | -10.9% | +5.7% | +41.0% | +25.1% | - |
| EBITDA | 1,959 | 2,423 | 1,087 | 914 | 1,725 | 1,327 | 1,312 |
| EBITDA margin | +2.7% | +3.9% | +2.2% | +1.7% | +3.3% | +3.6% | +4.4% |
| Profit before tax | 1,321 | 1,640 | 381 | 825 | 1,084 | 757 | 609 |
| Net profit | 996 | 1,215 | 296 | 609 | 808 | 655 | 395 |
| Net profit margin | +1.4% | +2.0% | +0.6% | +1.1% | +1.6% | +1.8% | +1.3% |
| EPS (₹) | 7.59 | 9.38 | 2.14 | 4.67 | 6.22 | 57.27 | 34.53 |
| Balance sheet | |||||||
| Total assets | 11,970 | 11,800 | 11,173 | 10,812 | 10,576 | 6,517 | 5,068 |
| Net worth | 10,340 | 9,368 | 8,272 | 7,988 | 7,378 | 3,067 | 2,412 |
| Total debt | 976 | 1,885 | 2,360 | 2,259 | 2,626 | 3,051 | 2,300 |
| Cash & bank | 1,443 | 760 | 2,662 | 3,534 | 4,446 | 1,188 | 1,416 |
| Net working capital | 3,458 | 4,595 | 4,930 | 5,241 | 5,391 | 2,282 | 1,154 |
| Cash flow | |||||||
| Cash from operations | 3,858 | 1,735 | 366 | 514 | 1,192 | 741 | 793 |
| Cash from investing | (1,052) | (302) | 139 | 596 | (3,852) | (499) | (518) |
| Cash from financing | (1,668) | (1,235) | (619) | (919) | 2,682 | (531) | (7.37) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21,410 | 19,170 | 20,582 | 17,854 | 17,126 | 16,746 | 17,487 | 16,470 |
| Revenue growth (YoY) | +25.0% | +14.5% | +17.7% | +8.4% | +22.4% | +21.9% | - | - |
| Other income | 70.56 | 67.71 | 160 | 132 | (78.45) | 205 | 61.09 | 64.81 |
| Total expenses | 20,816 | 18,517 | 20,104 | 17,367 | 16,463 | 16,415 | 17,086 | 15,688 |
| EBITDA | 594 | 653 | 478 | 487 | 662 | 331 | 401 | 782 |
| EBITDA margin | +2.8% | +3.4% | +2.3% | +2.7% | +3.9% | +2.0% | +2.3% | +4.7% |
| Depreciation | 105 | 104 | 115 | 98.56 | 94.80 | 90.14 | 87.59 | 98.34 |
| Interest | 220 | 171 | 161 | 172 | 181 | 144 | 166 | 189 |
| Profit before tax | 339 | 446 | 362 | 349 | 309 | 301 | 208 | 560 |
| Tax | 87.31 | 114 | 94.24 | 88.90 | 79.50 | 76.77 | 51.41 | 150 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22,202 | 20,048 | 21,465 | 18,603 | 17,605 | 17,059 | 18,230 | 16,839 |
| Revenue growth (YoY) | +26.1% | +17.5% | +17.8% | +10.5% | +21.7% | +20.5% | - | - |
| Other income | 80.74 | 57.13 | 182 | 132 | (61.66) | 212 | 62.04 | 66.69 |
| EBITDA | 623 | 725 | 524 | 527 | 688 | 366 | 448 | 792 |
| EBITDA margin | +2.8% | +3.6% | +2.4% | +2.8% | +3.9% | +2.1% | +2.5% | +4.7% |
| Depreciation | 118 | 117 | 128 | 111 | 107 | 103 | 97.81 | 108 |
| Interest | 241 | 186 | 174 | 185 | 189 | 159 | 178 | 204 |
| Profit before tax | 344 | 478 | 404 | 363 | 330 | 317 | 234 | 546 |
| Tax | 104 | 127 | 111 | 102 | 85.37 | 78.83 | 57.82 | 153 |
| Net profit | 239 | 351 | 293 | 262 | 245 | 238 | 177 | 393 |
| EPS (₹) | 1.85 | 2.71 | 2.26 | 2.08 | 1.89 | 1.84 | 1.47 | 3.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 74,731 | 63,672 | 51,225 | 58,185 | 54,155 | 37,090 | 29,657 |
| Revenue growth | +17.4% | +24.3% | -12.0% | +7.4% | +46.0% | +25.1% | - |
| Other income | 418 | 238 | 294 | 964 | 172 | 104 | 110 |
| Total expenses | 72,626 | 61,190 | 50,143 | 57,226 | 52,419 | 35,765 | 28,348 |
| Employee cost | 676 | 566 | 421 | 394 | 392 | 322 | 224 |
| EBITDA | 2,105 | 2,482 | 1,082 | 959 | 1,736 | 1,325 | 1,310 |
| EBITDA margin | +2.8% | +3.9% | +2.1% | +1.7% | +3.2% | +3.6% | +4.4% |
| Depreciation | 449 | 395 | 364 | 358 | 309 | 268 | 241 |
| Interest | 707 | 724 | 749 | 775 | 541 | 407 | 569 |
| Profit before tax | 1,367 | 1,601 | 262 | 789 | 1,059 | 755 | 609 |
| Tax | 377 | 437 | 91.75 | 235 | 284 | 103 | 206 |
| Net profit | 1,060 | 1,229 | 158 | 584 | 804 | 729 | 461 |
| Net profit margin | +1.4% | +1.9% | +0.3% | +1.0% | +1.5% | +2.0% | +1.6% |
| EPS (₹) | 8.08 | 9.46 | 1.14 | 4.48 | 6.18 | 63.74 | 40.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 129 | 130 | 130 | 130 | 130 | 114 | 114 |
| Reserves & surplus | 10,311 | 9,294 | 8,186 | 8,036 | 7,476 | 3,185 | 2,456 |
| Shareholders' funds (net worth) | 10,441 | 9,424 | 8,316 | 8,166 | 7,606 | 3,299 | 2,571 |
| Minority interest | 2.96 | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 811 | 1,705 | 2,415 | 2,226 | 2,076 | 2,950 | 2,161 |
| Unsecured loans | 298 | 232 | 212 | 171 | 625 | 101 | 139 |
| Total debt | 1,109 | 1,937 | 2,628 | 2,396 | 2,701 | 3,051 | 2,300 |
| Total liabilities | 12,349 | 11,932 | 11,536 | 11,175 | 10,930 | 6,749 | 5,227 |
| Assets | |||||||
| Gross block | 9,763 | 7,705 | 6,839 | 6,405 | 5,949 | 4,753 | 4,561 |
| Net block | 7,143 | 5,481 | 4,921 | 4,793 | 4,601 | 3,702 | 3,758 |
| Capital work in progress | 443 | 1,060 | 879 | 324 | 275 | 531 | 325 |
| Investments | 1,082 | 624 | 312 | 392 | 362 | 332 | 206 |
| Inventories | 8,191 | 8,641 | 7,204 | 7,681 | 7,717 | 4,778 | 3,826 |
| Sundry debtors | 2,624 | 2,416 | 1,783 | 1,931 | 2,219 | 1,515 | 921 |
| Cash & bank balances | 1,719 | 1,023 | 2,810 | 3,724 | 4,494 | 1,188 | 1,432 |
| Loans & advances | 2,468 | 2,286 | 922 | 1,145 | 903 | 1,176 | 1,152 |
| Total current assets | 15,002 | 14,365 | 12,718 | 14,482 | 15,332 | 8,657 | 7,331 |
| Total current liabilities | 11,945 | 10,154 | 7,932 | 9,409 | 10,135 | 6,369 | 6,169 |
| Net working capital | 3,058 | 4,212 | 4,786 | 5,072 | 5,198 | 2,288 | 1,162 |
| Total assets | 12,349 | 11,932 | 11,536 | 11,175 | 10,930 | 6,749 | 5,227 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 302 | (25.43) | 394 | 127 | 57.25 | 346 | 78.86 |
| Net cash from operating activities | 3,928 | 2,150 | 289 | 663 | 1,198 | 726 | 781 |
| Net cash from investing activities | (1,096) | (278) | 138 | 524 | (3,786) | (484) | (506) |
| Net cash from financing activities | (1,678) | (1,544) | (847) | (919) | 2,658 | (531) | (7.77) |
| Net change in cash | 1,154 | 328 | (419) | 268 | 69.82 | (289) | 267 |
| Closing cash | 1,719 | 1,023 | 2,810 | 3,724 | 4,494 | 1,188 | 1,432 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.4% | +24.3% | -12.0% | +7.4% | +46.0% | +25.1% | - |
| EBITDA growth | -15.2% | +129.4% | +12.8% | -44.8% | +31.0% | +1.2% | - |
| PBT growth | -14.6% | +510.0% | -66.7% | -25.5% | +40.2% | +24.0% | +7.4% |
| Net income growth | -13.8% | +677.3% | -72.9% | -27.3% | +10.3% | +58.1% | - |
| Revenue CAGR (3Y) | +8.7% | +5.6% | +11.4% | +25.2% | +23.4% | - | - |
| EBITDA CAGR (3Y) | +30.0% | +12.7% | -6.6% | -9.9% | +15.4% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +1.3% | +1.8% | +0.3% | +1.0% | +1.4% | +1.8% | +1.4% |
| Return on capital employed | +17.1% | +19.8% | +9.2% | +14.2% | +18.1% | +19.4% | +24.9% |
| Return on net worth | +10.0% | +13.1% | +2.2% | +7.0% | +14.2% | +22.2% | +17.2% |
| Debt / equity | 0.15 | 0.26 | 0.30 | 0.32 | 0.53 | 0.91 | 0.88 |
| Long-term debt / equity | 0.05 | 0.03 | 0.02 | 0.02 | 0.11 | 0.38 | 0.45 |
| Interest cover | 42.68 | 34.70 | 104.35 | 129.08 | 37.89 | 38.45 | 53.28 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 8.56 | 8.76 | 7.74 | 9.42 | 10.12 | 7.96 | 7.28 |
| Inventory turnover | 8.88 | 8.04 | 6.88 | 7.56 | 8.67 | 8.62 | 7.54 |
| Debtors turnover | 29.66 | 30.33 | 27.58 | 28.04 | 29.01 | 30.45 | 27.22 |
| EPS (₹) | 8.08 | 9.46 | 1.14 | 4.48 | 6.18 | 63.74 | 40.32 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 80.72 | 72.75 | 63.98 | 62.83 | 58.52 | 288.65 | 224.92 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21,410 | 19,170 | 20,582 | 17,854 | 17,126 | 16,746 | 17,487 | 16,470 |
| Revenue growth (YoY) | +25.0% | +14.5% | +17.7% | +8.4% | +22.4% | +21.9% | - | - |
| Other income | 70.56 | 67.71 | 160 | 132 | (78.45) | 205 | 61.09 | 64.81 |
| Total expenses | 20,816 | 18,517 | 20,104 | 17,367 | 16,463 | 16,415 | 17,086 | 15,688 |
| EBITDA | 594 | 653 | 478 | 487 | 662 | 331 | 401 | 782 |
| EBITDA margin | +2.8% | +3.4% | +2.3% | +2.7% | +3.9% | +2.0% | +2.3% | +4.7% |
| Depreciation | 105 | 104 | 115 | 98.56 | 94.80 | 90.14 | 87.59 | 98.34 |
| Interest | 220 | 171 | 161 | 172 | 181 | 144 | 166 | 189 |
| Profit before tax | 339 | 446 | 362 | 349 | 309 | 301 | 208 | 560 |
| Tax | 87.31 | 114 | 94.24 | 88.90 | 79.50 | 76.77 | 51.41 | 150 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 72,308 | 61,677 | 49,243 | 55,262 | 52,302 | 37,090 | 29,657 |
| Revenue growth | +17.2% | +25.3% | -10.9% | +5.7% | +41.0% | +25.1% | - |
| Other income | 418 | 233 | 290 | 959 | 169 | 104 | 108 |
| Total expenses | 70,349 | 59,254 | 48,155 | 54,348 | 50,577 | 35,763 | 28,345 |
| Employee cost | 558 | 522 | 374 | 343 | 358 | 321 | 224 |
| EBITDA | 1,959 | 2,423 | 1,087 | 914 | 1,725 | 1,327 | 1,312 |
| EBITDA margin | +2.7% | +3.9% | +2.2% | +1.7% | +3.3% | +3.6% | +4.4% |
| Depreciation | 398 | 355 | 322 | 319 | 285 | 268 | 242 |
| Interest | 658 | 661 | 674 | 729 | 525 | 407 | 569 |
| Profit before tax | 1,321 | 1,640 | 381 | 825 | 1,084 | 757 | 609 |
| Tax | 339 | 424 | 103 | 217 | 276 | 103 | 214 |
| Net profit | 996 | 1,215 | 296 | 609 | 808 | 655 | 395 |
| Net profit margin | +1.4% | +2.0% | +0.6% | +1.1% | +1.6% | +1.8% | +1.3% |
| EPS (₹) | 7.59 | 9.38 | 2.14 | 4.67 | 6.22 | 57.27 | 34.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 129 | 130 | 130 | 130 | 130 | 114 | 114 |
| Reserves & surplus | 10,211 | 9,238 | 8,142 | 7,858 | 7,248 | 2,952 | 2,298 |
| Shareholders' funds (net worth) | 10,340 | 9,368 | 8,272 | 7,988 | 7,378 | 3,067 | 2,412 |
| Secured loans | 725 | 1,672 | 2,174 | 2,125 | 2,016 | 2,950 | 2,161 |
| Unsecured loans | 251 | 213 | 187 | 134 | 610 | 101 | 139 |
| Total debt | 976 | 1,885 | 2,360 | 2,259 | 2,626 | 3,051 | 2,300 |
| Total liabilities | 11,970 | 11,800 | 11,173 | 10,812 | 10,576 | 6,517 | 5,068 |
| Assets | |||||||
| Gross block | 8,552 | 7,254 | 6,403 | 5,961 | 5,476 | 4,753 | 4,547 |
| Net block | 6,042 | 5,101 | 4,548 | 4,377 | 4,146 | 3,702 | 3,759 |
| Capital work in progress | 431 | 1,059 | 864 | 323 | 262 | 531 | 325 |
| Investments | 1,354 | 497 | 230 | 288 | 286 | 106 | 55.00 |
| Inventories | 7,827 | 8,322 | 6,924 | 7,096 | 7,376 | 4,778 | 3,826 |
| Sundry debtors | 2,866 | 2,592 | 1,741 | 1,937 | 2,142 | 1,515 | 921 |
| Cash & bank balances | 1,443 | 760 | 2,662 | 3,534 | 4,446 | 1,188 | 1,416 |
| Loans & advances | 2,445 | 2,268 | 895 | 1,085 | 854 | 1,151 | 1,159 |
| Total current assets | 14,581 | 13,942 | 12,221 | 13,652 | 14,818 | 8,631 | 7,323 |
| Total current liabilities | 11,124 | 9,347 | 7,292 | 8,411 | 9,427 | 6,349 | 6,169 |
| Net working capital | 3,458 | 4,595 | 4,930 | 5,241 | 5,391 | 2,282 | 1,154 |
| Total assets | 11,970 | 11,800 | 11,173 | 10,812 | 10,576 | 6,517 | 5,068 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 70.21 | (128) | 269 | 78.96 | 56.98 | 346 | 78.01 |
| Net cash from operating activities | 3,858 | 1,735 | 366 | 514 | 1,192 | 741 | 793 |
| Net cash from investing activities | (1,052) | (302) | 139 | 596 | (3,852) | (499) | (518) |
| Net cash from financing activities | (1,668) | (1,235) | (619) | (919) | 2,682 | (531) | (7.37) |
| Net change in cash | 1,138 | 198 | (114) | 190 | 21.98 | (289) | 268 |
| Closing cash | 1,443 | 760 | 2,662 | 3,534 | 4,446 | 1,188 | 1,416 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.2% | +25.3% | -10.9% | +5.7% | +41.0% | +25.1% | - |
| EBITDA growth | -19.2% | +122.9% | +19.0% | -47.0% | +30.0% | +1.2% | - |
| PBT growth | -19.5% | +330.2% | -53.8% | -24.0% | +43.2% | +24.5% | +6.7% |
| Net income growth | -18.1% | +310.1% | -51.4% | -24.6% | +23.4% | +66.0% | - |
| Revenue CAGR (3Y) | +9.4% | +5.7% | +9.9% | +23.1% | +22.0% | +12.1% | +8.9% |
| EBITDA CAGR (3Y) | +28.9% | +12.0% | -6.4% | -11.3% | +16.1% | +12.9% | +26.3% |
| Profitability & leverage | |||||||
| Net income margin | +1.4% | +2.0% | +0.6% | +1.1% | +1.5% | +1.8% | +1.3% |
| Return on capital employed | +16.7% | +20.0% | +9.6% | +14.5% | +18.8% | +20.1% | +25.7% |
| Return on net worth | +10.0% | +13.8% | +3.4% | +7.9% | +15.5% | +23.9% | +17.8% |
| Debt / equity | 0.15 | 0.24 | 0.28 | 0.32 | 0.54 | 0.98 | 0.93 |
| Long-term debt / equity | 0.05 | 0.03 | 0.01 | 0.01 | 0.11 | 0.41 | 0.48 |
| Interest cover | 42.15 | 31.97 | 88.08 | 122.56 | 36.46 | 38.35 | 53.19 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 9.15 | 9.03 | 7.96 | 9.66 | 10.23 | 7.98 | 7.37 |
| Inventory turnover | 8.95 | 8.09 | 7.02 | 7.64 | 8.61 | 8.62 | 7.54 |
| Debtors turnover | 26.50 | 28.47 | 26.78 | 27.09 | 28.60 | 30.45 | 27.17 |
| EPS (₹) | 7.59 | 9.38 | 2.14 | 4.67 | 6.22 | 57.27 | 34.53 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 79.95 | 72.32 | 63.65 | 61.46 | 56.77 | 268.33 | 211.06 |
To see the full year-wise statements and ratios of Awl Agri Business Limited, buy the company report.
Board of directors of Awl Agri Business Limited
Awl Agri Business has 9 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khoon Hong Kuok Also directs: Shree Renuka Sugars Limited | Director | 27 Feb 1999 | 27 Years 8 Months | Current |
| Angshu Mallick Also directs: KTV Edible Oils Private Limited, K.T.V. Health Food Private Limited, The Indian Society of Advertisers and 2 more | Director | 01 Apr 2021 | 5 Years 7 Months | Current |
| Anup Pravin Shah Also directs: Adani Green Energy Limited, JM Financial Trustee Company Private Limited, JM Financial Home Loans Limited and 4 more | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
| Madhu Ramachandra Rao | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
| Dorab Erach Mistry Also directs: Shree Renuka Sugars Limited | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
| Dipali Hemant Sheth Also directs: Welspun Corp Limited, Endurance Technologies Limited, Raymond Realty Limited and 5 more | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Awl Agri Business Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Edible Oils, Instant Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Awl Agri Business Limitedthis company | ₹74,731 Cr (FY 2026) | ₹1,059.5 Cr | 1.4% | 17.4% | 2,442 | Ahmedabad, Gujarat, India |
| Patanjali Foods Limited | ₹34,289 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Nestle India Limited | ₹20,260 Cr (FY 2025) | -17.0% | New Delhi, Delhi, India | |||
| Gokul Agro Resources Limited | ₹19,585 Cr (FY 2025) | 41.0% | Ahmedabad, Gujarat, India | |||
| Mother Dairy Fruit and Vegetable Private Limited | ₹17,387 Cr (FY 2025) | 16.0% | Delhi, India |
To see the full peer comparison of Awl Agri Business Limited, buy the company report.
Auditor
Awl Agri Business Limited is audited by Dharmesh Parikh & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dharmesh Parikh & Co. LLP | FY 2023 | 112054W/W100725 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 56.90%, foreign institutional investors hold 21.10%, domestic institutional investors hold 8.50% and retail and other public shareholders hold 13.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 56.90% | 56.90% | 56.90% | 63.90% |
| Public | 43.10% | 43.10% | 43.10% | 36.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2024 | 100980158 | Sbicap Trustee Company Limited | ₹1,230 Cr | Open | |
| 08 Dec 2014 | 10535881 | Sbicap Trustee Company Limited | ₹13,950 Cr | Open | |
| 29 Sep 2020 | 100379810 | Sbicap Trustee Company Limited | ₹317.7 Cr | Satisfied | |
| 03 Sep 2020 | 100367822 | Sbicap Trustee Company Limited | ₹250 Cr | Satisfied | |
| 04 Aug 2020 | 100360234 | Sbicap Trustee Company Limited | ₹158 Cr | Satisfied |
To see the full charge records of Awl Agri Business Limited, buy the company report.
Total charge records: 71 View all charges
Deals & funding
Awl Agri Business Limited has 16 deals on record (6 market trades, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹518.98 Cr; the latest was in July 2026.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Market trade | ₹1,085.78 Cr | Seller: Adani Commodities LLP |
| Nov 2025 | Market trade | ₹1,416.46 Cr | Seller: Adani Commodities LLP |
| Jul 2025 | Market trade | ₹3,732.54 Cr | Buyer: Shajaeatan Investment Fzco, Idfc Mutual Fund Seller: Adani Commodities LLP |
| Jul 2025 | Market trade | ₹3,732.54 Cr | Buyer: Shajaeatan Investment Fzco, Idfc Mutual Fund, Quant Mutual Fund Seller: Adani Commodities LLP |
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: Others - Awl Agri Business Limited Seller: Adani Commodities LLP |
To see the full deal history of Awl Agri Business Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Awl Agri Business Limited has 420 court cases on record: 269 filed by Awl Agri Business, 151 filed against it. 116 cases are pending and 304 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 255 | 99 | 56 |
| District courts | 155 | 42 | 59 |
| Supreme Court | 10 | 10 | 1 |
Cases on record (5 of 420)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Commercial suit | Filed by the company against Vaibhav Edibles Private Limited | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Motor accident claim | Filed by the company against The Managing Director, VRL Logistics Ltd., and 1 other | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against Royal Green Oil Refineries Pvt Ltd | Disposed |
| Supreme Court | Court case | Filed against the company by Ahmedabad and 1 other | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Motor accident claim | Filed by the company against The Managing Director, VRL Logistics Ltd., and 1 other | Disposed |
To see the full case history of Awl Agri Business Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Awl Agri Business Limited was last rated by Care on 26 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 26 Jul 2022 |
To see the full credit ratings and regulatory alerts of Awl Agri Business Limited, buy the company report.
MSME payment delays
Awl Agri Business Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 658 overdue payments to 349 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 349)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bharat Overseas | |||
| KBL Agro Private Limited | |||
| K M International | |||
| HS Edible Oils Private Limited |
To see the full MSME payment records of Awl Agri Business Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Awl Agri Business has 2 subsidiary companies and 3 joint ventures. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Golden Valley Agrotech Private | U23200GJ2010PTC060954 | |
| Awl Edible Oils and Foods Private Limited | U74999MH2018PTC311941 |
To see the full group structure of Awl Agri Business Limited, buy the company report.
Employees & EPFO
Awl Agri Business Limited has a workforce of 2,442 employees on its EPFO records as of Apr 09, 2024, across 15 active EPFO establishments.
GST
Awl Agri Business has 31 GST registrations: 28 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8056G1ZV | Gujarat | Active | 01 Jul 2017 |
| 24AABCA8056G2ZU | Gujarat | Active | 06 Sep 2017 |
| 24AABCA8056G3ZT | Gujarat | Active | 01 Jul 2021 |
| 24AABCA8056G4ZS | Gujarat | Active | 25 May 2023 |
To see the full GST registrations and return filing status of Awl Agri Business Limited, buy the company report.
Recent activity
Awl Agri Business Limited has 46 board changes on record since 1999: 28 appointments and 18 cessations. The latest: Pankaj Goyal was appointed as CFO on 13 Nov 2025.
223 earlier events are in the company report.
News
Frequently asked questions
Awl Agri Business is an active public limited company based in Ahmedabad, Gujarat, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 22 January 1999 (27+ years old) and is registered under CIN L15146GJ1999PLC035320. Listed on BSE: 543458 and NSE: AWL.
Awl Agri Business reported revenue of ₹74,731 Cr for FY 2025-26 (up 17.4% YoY) based on consolidated financials.
Awl Agri Business has 9 current directors:
- Shrikant Kanhere - Managing Director
- Saumin Champaklal Sheth - Whole-Time Director
- Ravindra Kumar Singh - Whole-Time Director
- Khoon Hong Kuok - Director
- Angshu Mallick - Director
- Anup Pravin Shah - Director
- Madhu Ramachandra Rao - Director
- Dorab Erach Mistry - Director
- Dipali Hemant Sheth - Director
The latest financial statements of Awl Agri Business on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Awl Agri Business is 24AABCA8056G1ZV, registered in Gujarat. The company has 31 GST registrations in all, of which 28 are active and 3 are cancelled or inactive. Other active GSTINs include 24AABCA8056G2ZU (Gujarat), 24AABCA8056G3ZT (Gujarat), 24AABCA8056G4ZS (Gujarat).
The CIN (Corporate Identification Number) of Awl Agri Business is L15146GJ1999PLC035320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Awl Agri Business is a listed company as per MCA records. Its shares are listed on both BSE (code: 543458) and NSE (symbol: AWL).
Awl Agri Business has 420 court cases on record: 269 filed by the company and 151 filed against it. 116 are pending. Most are in the high courts.
Awl Agri Business was incorporated on 22 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Awl Agri Business has 16 deals on record (6 market trades, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹518.98 Cr; the latest was in July 2026.
The peers of Awl Agri Business by revenue are Patanjali Foods Limited, Nestle India Limited, Gokul Agro Resources Limited, Mother Dairy Fruit and Vegetable Private Limited, all in the Food and Beverages industry (Edible Oils, Instant Foods), with the same principal business activity (food, beverages and tobacco products).
Pankaj Goyal was appointed as CFO on 13 Nov 2025. Saumin Champaklal Sheth was appointed as Whole-Time Director on 04 Nov 2025. Shrikant Kanhere was appointed as Managing Director on 04 Nov 2025. Awl Agri Business has 46 board changes on record in total.

