Godrej Agrovet Limited achieved a significant milestone in FY26, surpassing ₹10,000 crore in total revenue, marking a 9% year-on-year growth. The company reported its all-time high profitability, with PBT growing by 17%. This robust performance was driven by strong volume growth in the animal nutrition segment and improved margins across several core businesses, underscoring the company’s resilient operating strategy despite challenges in the dairy and crop care sectors.
FY26 Financial Highlights
Godrej Agrovet delivered a strong financial performance for the fiscal year ended March 31, 2026. The company reported a 9.1% growth in revenue from operations, reaching ₹10,233 crore. Excluding non-recurring and exceptional items, the EBITDA stood at ₹936 crore, a 10.8% increase over the previous year. Profit after tax (PAT) also saw a healthy growth of 13.9%, reaching ₹440 crore.
Segment-Wise Performance
The Animal Nutrition segment emerged as a key growth engine, with sales volumes increasing by 11.6% and EBIT growing by 19.3% for the full year. The Oil Palm business also recorded a landmark year, with segment results surging 67.9%. Meanwhile, Astec LifeSciences achieved a successful turnaround, reaching EBITDA break-even during the period.
While the Dairy and Crop Care businesses faced temporary pressures from extreme weather and elevated procurement costs, the company maintains a positive outlook. Strategic initiatives, including a shift toward branded products and improved operational efficiencies, continue to support long-term growth.
Operational and Strategic Milestones
Beyond financial growth, the company has made significant strides in operational optimization. Average Net Working Capital has been effectively reduced, contributing to an improvement in Average ROCE, which rose to 20% in FY26. Additionally, the company successfully completed the SAP S/4HANA ‘Project Rise’ go-live, strengthening its digital core for better agility and real-time decision-making.
Sustainability Commitments
Godrej Agrovet continues to integrate sustainability into its business model. The company reported a 78.9% renewable energy portfolio and achieved a 14x water conservation ratio. With leadership ratings in CDP Climate & Forest and a commitment to Science-Based Targets, the company remains focused on driving meaningful environmental and social impact across its farmer value chain and nature-based programs.
Source: BSE
