AWL Agri Business reported a 10% YoY increase in revenue, reaching ₹18,603 Crore for Q3 FY’26. Volume grew by 3% YoY. EBITDA stood at ₹637 Crore, a 19% YoY decrease, while PAT reached ₹269 Crore, down 35% YoY. The decrease in profitability is attributed to one-off gains in the previous year. The company saw growth in key brands, with Fortune up 13% and Kohinoor up 32%.
Financial Performance
AWL Agri Business reported the following consolidated financial results for Q3 FY’26:
- Revenue: ₹18,603 Crore (+10% YoY)
- Volume: 1.7 Million MT (+3% YoY)
- EBITDA: ₹637 Crore (-19% YoY)
- PAT: ₹269 Crore (-35% YoY)
The company attributes the dip in profitability to the absence of one-off gains that were present in the previous year’s base figures. Per MT margins were in line with management expectations.
Segment Highlights
The company experienced varied performance across its key segments:
- Edible Oil: Revenue of ₹15,025 Cr (+12% YoY), PBT of ₹344 Cr (-41% YoY)
- Food & FMCG: Revenue of ₹1,648 Cr (+6% YoY), PBT of ₹44 Cr (year-over-year not meaningful)
- Industry Essentials: Revenue of ₹1,930 Cr (+1% YoY), PBT of ₹72 Cr (-12% YoY)
Brand Performance
Key brands showed strong performance during the quarter:
- Fortune: Volume growth of 13% YoY
- Kohinoor: Volume growth of 32% YoY
- Kings: Volume growth of 7% YoY
Business Updates and Strategy
AWL is focusing on alternate channels, which continue to show robust growth. Alternate channels delivered strong volume growth of 42% YoY. The company is also seeing good performance in the HoReCa and Branded exports channels.
AWL is focused on gradually building a health and convenience-focused food portfolio, with new product launches like multi-grain Atta and a focus on products like Soya Nuggets, Biryani Kit, and Brown Rice.
Operational Metrics
Alternate channels (E-Com, Q-Com, MT) have grown by 42% YoY. The company has achieved a direct reach of over 9 Lac outlets and covers over 60,000 rural towns.
Source: BSE
