Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Godrej Agrovet Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,095 | 2,510 | 2,571 | 2,345 | 2,134 | 2,351 | 2,449 | 2,450 | 2,134 | 2,614 | 2,567 | 2,718 | 2,333 |
| Expenses + | 2,020 | 2,317 | 2,369 | 2,186 | 1,986 | 2,125 | 2,225 | 2,230 | 1,987 | 2,345 | 2,354 | 2,477 | 2,194 |
| Operating Profit | 75 | 193 | 201 | 159 | 148 | 226 | 223 | 220 | 147 | 270 | 213 | 242 | 139 |
| OPM % | 4% | 8% | 8% | 7% | 7% | 10% | 9% | 9% | 7% | 10% | 8% | 9% | 6% |
| Other Income + | 23 | 32 | 20 | 21 | 20 | 25 | 25 | 22 | 25 | 24 | 18 | -5 | 78 |
| Interest | 27 | 29 | 28 | 25 | 25 | 30 | 40 | 34 | 29 | 35 | 40 | 35 | 29 |
| Depreciation | 48 | 53 | 53 | 53 | 56 | 55 | 58 | 57 | 56 | 58 | 57 | 56 | 58 |
| Profit before tax | 23 | 142 | 141 | 102 | 87 | 166 | 150 | 151 | 87 | 200 | 135 | 146 | 130 |
| Tax % | -4% | 25% | 26% | 19% | 25% | 21% | 36% | 27% | 24% | 26% | 38% | 25% | 21% |
| Net Profit + | 23 | 107 | 104 | 83 | 65 | 132 | 96 | 110 | 66 | 149 | 84 | 110 | 102 |
| EPS in Rs | 1.61 | 5.48 | 5.48 | 4.78 | 2.97 | 7.03 | 5.84 | 5.80 | 3.68 | 8.35 | 4.81 | 5.97 | 5.45 |
Financials of Godrej Agrovet Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3,312 | 3,750 | 4,911 | 5,186 | 5,918 | 6,964 | 6,267 | 8,306 | 9,374 | 9,561 | 9,383 | 10,233 |
| Expenses + | 3,043 | 3,579 | 4,471 | 4,741 | 5,462 | 6,475 | 5,703 | 7,637 | 8,851 | 8,856 | 8,562 | 9,369 |
| Operating Profit | 269 | 171 | 440 | 445 | 456 | 489 | 564 | 669 | 523 | 704 | 821 | 864 |
| OPM % | 8% | 5% | 9% | 9% | 8% | 7% | 9% | 8% | 6% | 7% | 9% | 8% |
| Other Income + | 104 | 315 | 95 | 58 | 154 | 49 | 90 | 109 | 139 | 90 | 93 | 116 |
| Interest | 65 | 98 | 86 | 45 | 34 | 42 | 46 | 63 | 99 | 108 | 133 | 138 |
| Depreciation | 37 | 52 | 75 | 86 | 98 | 148 | 154 | 173 | 185 | 214 | 226 | 229 |
| Profit before tax | 271 | 336 | 375 | 372 | 477 | 349 | 453 | 542 | 378 | 473 | 554 | 612 |
| Tax % | 22% | 22% | 27% | 32% | 27% | 14% | 23% | 23% | 22% | 24% | 27% | 27% |
| Net Profit + | 210 | 261 | 273 | 251 | 349 | 301 | 348 | 419 | 295 | 359 | 403 | 445 |
| EPS in Rs | 22.69 | 28.19 | 13.44 | 11.94 | 17.13 | 15.94 | 16.33 | 20.96 | 15.71 | 18.71 | 22.35 | 24.58 |
| Dividend Payout % | 114% | 16% | 33% | 38% | 26% | 34% | 49% | 45% | 60% | 53% | 49% | 45% |
Financials of Godrej Agrovet Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 93 | 93 | 185 | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 192 |
| Reserves | 548 | 690 | 824 | 1,219 | 1,457 | 1,646 | 1,859 | 2,076 | 2,145 | 2,324 | 2,189 | 1,840 |
| Borrowings + | 685 | 1,372 | 664 | 410 | 398 | 651 | 1,007 | 1,599 | 1,433 | 1,416 | 1,396 | 1,574 |
| Other Liabilities + | 417 | 957 | 1,535 | 1,714 | 2,183 | 2,183 | 1,721 | 1,689 | 1,673 | 1,734 | 1,729 | 2,564 |
| Total Liabilities | 1,742 | 3,111 | 3,208 | 3,535 | 4,230 | 4,672 | 4,779 | 5,556 | 5,444 | 5,667 | 5,505 | 6,170 |
| Fixed Assets + | 693 | 1,507 | 1,473 | 1,492 | 2,051 | 2,178 | 2,298 | 2,407 | 2,568 | 2,806 | 2,912 | 2,825 |
| CWIP | 138 | 64 | 50 | 190 | 94 | 153 | 141 | 90 | 204 | 192 | 64 | 178 |
| Investments | 37 | 59 | 175 | 195 | 117 | 129 | 124 | 160 | 158 | 177 | 139 | 115 |
| Other Assets + | 873 | 1,481 | 1,509 | 1,657 | 1,969 | 2,211 | 2,216 | 2,900 | 2,513 | 2,492 | 2,391 | 3,052 |
| Total Assets | 1,742 | 3,111 | 3,208 | 3,535 | 4,230 | 4,672 | 4,779 | 5,556 | 5,444 | 5,667 | 5,505 | 6,170 |
Financials of Godrej Agrovet Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 109 | 168 | 897 | 354 | 448 | 240 | -2 | -120 | 874 | 678 | 969 | 1,281 |
| Cash from Investing Activity + | -131 | -428 | -63 | -253 | -233 | -255 | -187 | -208 | -284 | -327 | -82 | -150 |
| Cash from Financing Activity + | -79 | 278 | -812 | -125 | -217 | 36 | 189 | 311 | -594 | -328 | -901 | -869 |
| Net Cash Flow | -101 | 18 | 22 | -24 | -2 | 21 | -0 | -17 | -5 | 23 | -13 | 262 |
| Free Cash Flow | -1 | 43 | 702 | 109 | 207 | -18 | -251 | -388 | 595 | 301 | 758 | 1,047 |
| CFO/OP | 61% | 125% | 222% | 98% | 122% | 69% | 20% | 5% | 185% | 114% | 136% | 167% |
Financials of Godrej Agrovet Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30 | 44 | 39 | 44 | 45 | 45 | 48 | 42 | 22 | 20 | 22 | 24 |
| Inventory Days | 54 | 83 | 71 | 70 | 72 | 60 | 78 | 83 | 66 | 70 | 66 | 65 |
| Days Payable | 30 | 42 | 81 | 82 | 99 | 87 | 58 | 40 | 35 | 32 | 47 | 80 |
| Cash Conversion Cycle | 54 | 85 | 29 | 31 | 18 | 17 | 68 | 84 | 54 | 58 | 42 | 10 |
| Working Capital Days | 49 | -51 | -26 | -8 | -3 | -7 | 7 | 6 | -4 | 1 | -2 | -17 |
| ROCE % | 24% | 17% | 19% | 20% | 18% | 15% | 16% | 16% | 10% | 14% | 17% | 20% |