Godrej Agrovet Q1 results, quarter to Jun 2026

NSE: GODREJAGROBSE: 540743Food ProductsSmall Cap

Godrej Agrovet Limited · Face value ₹10 · Listed Oct 2017 · Issue price ₹460

₹587.45₹8.00 (1.38%)BSE ₹587.75

Share price at the NSE close on 29 Oct 2026. Previous close ₹579.45.

29 Oct: open ₹579.00, high ₹589.00, low ₹575.05

52-week range of traded prices to 29 Oct 2026

₹506.10Low, 27 Jan 2026₹698.40High, 24 Sep 2026

Next results date: the board meets on 6 Nov 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹11,303 Cr524th largest listed
P/E: 25.45
P/B: 5.56
Dividend yield: 1.87%
ROE: 20.1%
ROCE: 16.7%
Debt to equity: 0.68
Volume, NSE: 60,35750.9% delivered

Godrej Agrovet filed its Q1 results for the quarter to Jun 2026 on 5 Aug 2026 at 6:38 pm, consolidated: the company and its subsidiaries together.

Q1 results, quarter to Jun 2026

₹ crore.Godrej Agrovet annual results and balance sheet

Revenue: ₹2,855 Cr+9.2% on a year ago · +22.4% on the quarter before
Operating profit: ₹240 Cr−10.9% on a year ago · +72.9% on the quarter before
Net profit: ₹128 Cr−13.8% on a year ago · +25.4% on the quarter before
Earnings per share: ₹6.99−16.3% on a year ago · +28.3% on the quarter before
Operating margin: 8.4%
Net margin: 4.5%

From revenue to net profit, ₹ crore

Revenue2,855
Materials and goods−2,146
Employee costs−162
Other expenses−307
Operating profit240
Depreciation−57
Other income+15
Finance costs−30
Profit before tax169
Tax−53
Joint ventures+13
Net profit128

Godrej Agrovet results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹2,855 Cr, quarter to Jun 2026; lowest ₹2,134 Cr, quarter to Mar 2025

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4Filed 30 Apr	Jun 2025Q1	Sep 2025Q2	Dec 2025Q3	Mar 2026Q4	Jun 2026Q1
Revenue from operations	2,154	2,078	2,081	2,510	2,445	2,324	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	2,855
	1,964	1,942	1,912	2,348	2,295	2,187	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	2,615
Materials and goods bought	1,627	1,591	1,576	1,989	1,910	1,809	1,681	1,903	1,961	1,790	1,589	1,721	1,821	1,822	1,582	1,894	1,884	2,012	1,786	2,146
Employee costs	105	108	124	120	118	124	92	135	142	121	141	140	123	141	131	159	165	166	146	162
Other expenses	232	244	211	240	266	255	247	279	266	275	257	263	282	267	274	291	306	299	262	307
Operating profit before depreciation	190	136	169	162	150	136	75	193	201	159	148	226	223	220	147	270	213	242	139	240
Operating margin	8.8%	6.6%	8.1%	6.4%	6.1%	5.9%	3.6%	7.7%	7.8%	6.8%	6.9%	9.6%	9.1%	9.0%	6.9%	10.3%	8.3%	8.9%	6.0%	8.4%
Depreciation and amortisation	42	44	46	45	46	47	48	53	53	53	56	55	58	57	56	58	57	56	58	57
Other income	6	10	53	8	9	78	13	12	11	8	10	9	13	9	13	12	8	18	68	15
Finance costs	16	16	18	22	26	25	27	29	28	25	25	30	40	34	29	35	40	35	29	30
Profit before one-off items and tax	138	86	159	103	87	143	13	122	132	89	77	151	138	138	74	188	125	169	120	169
One-off items	0	−17	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	−30	0	0
Profit before tax	138	68	159	103	87	143	13	122	132	89	77	151	138	138	74	188	125	139	120	169
	38	18	35	28	22	33	−1	35	37	19	22	34	54	41	20	52	51	37	28	53
Current tax	37	33	37	26	25	31	−7	35	42	31	11	52	31	50	17	51	46	38	26	58
Deferred tax	1	−15	−3	2	−3	2	6	0	−5	−12	11	−17	23	−8	4	1	5	−2	2	−5
Tax rate	27.2%	25.6%	21.8%	27.1%	25.1%	23.4%	−6.6%	28.9%	27.9%	21.3%	28.5%	22.9%	39.3%	30.1%	27.5%	27.5%	40.7%	26.5%	23.1%	31.3%
Share of profit of joint ventures and associates	12	12	16	13	4	5	10	20	9	13	10	16	12	14	12	12	10	8	10	13
	112	62	140	88	70	115	23	107	104	83	65	132	96	110	66	149	84	110	102	128
Belonging to the company's shareholders	112	65	122	83	72	116	31	105	105	92	57	135	112	111	71	161	93	115	102	135
Belonging to outside owners of subsidiaries	–	−3	18	5	−2	−2	−8	2	−1	−9	8	−4	−17	−2	−5	−12	−8	−5	–	−6
Other comprehensive income	0	−1	−1	−2	0	0	−3	−3	1	0	0	4	−1	2	−9	1	2	−4	1	0
Total comprehensive income	112	62	139	86	70	114	21	104	105	83	65	135	95	112	57	150	86	106	104	128
Net margin	5.2%	3.0%	6.7%	3.5%	2.8%	4.9%	1.1%	4.3%	4.0%	3.5%	3.1%	5.6%	3.9%	4.5%	3.1%	5.7%	3.3%	4.0%	4.4%	4.5%
Net margin without joint ventures and associates	4.7%	2.4%	6.0%	3.0%	2.7%	4.7%	0.6%	3.5%	3.7%	3.0%	2.6%	4.9%	3.4%	3.9%	2.5%	5.2%	2.9%	3.8%	4.0%	4.1%
Earnings per share	₹5.69	₹3.39	₹6.37	₹4.30	₹3.73	₹6.06	₹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	₹6.99
Diluted earnings per share	₹5.69	₹3.38	₹6.36	₹4.30	₹3.73	₹6.06	₹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	₹6.99

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.Godrej Agrovet segment results by year

Animal Nutrition
Revenue, ₹ crore
1,242
1,291
1,190
1,155
1,205
1,274
1,146
1,156
1,217
1,298
1,270
1,302
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
57
52
68
78
71
77
65
65
70
81
132
84
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Vegetable Oil
Revenue, ₹ crore
447
355
187
260
441
488
244
499
640
627
231
619
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
69
67
9
24
74
115
18
87
138
145
16
100
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Dairy
Revenue, ₹ crore
390
366
392
429
403
370
384
417
393
380
399
465
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
3
10
20
19
8
9
7
4
9
5
2
−2
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Poultry and processed food
Revenue, ₹ crore
237
223
216
234
197
216
179
187
183
215
183
188
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
15
−7
12
19
1
7
4
4
2
13
13
1
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Crop Care
Revenue, ₹ crore
349
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
76
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Other Business
Revenue, ₹ crore
37
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
−1
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	2,704	2,480	2,261	2,471	2,565	2,569	2,252	2,713	2,676	2,821	2,431	2,961
Company revenue, as in its results	2,571	2,345	2,134	2,351	2,449	2,450	2,134	2,614	2,567	2,718	2,333	2,855
Revenue	1,242	1,291	1,190	1,155	1,205	1,274	1,146	1,156	1,217	1,298	1,270	1,302
Revenue growth	1.8%	1.5%	−2.3%	−10.1%	−3.0%	−1.3%	−3.6%	0.1%	1.0%	1.9%	10.8%	12.6%
Profit	57	52	68	78	71	77	65	65	70	81	132	84
Profit growth	15.8%	−9.6%	52.5%	44.7%	23.8%	47.2%	−3.6%	−17.4%	−0.5%	4.9%	101.2%	29.7%
Margin	4.6%	4.0%	5.7%	6.8%	5.9%	6.0%	5.7%	5.6%	5.8%	6.2%	10.4%	6.4%
Assets	1,868	1,751	1,871	2,268	2,027	1,825	1,616	1,902	1,823	1,656	1,629	2,203
Liabilities	376	497	515	486	428	488	648	939	939	975	1,379	1,441
Capital employed	1,491	1,254	1,355	1,781	1,599	1,337	968	962	884	681	251	762
Revenue	447	355	187	260	441	488	244	499	640	627	231	619
Revenue growth	10.5%	−2.2%	28.3%	12.4%	−1.5%	37.6%	30.1%	91.7%	45.3%	28.5%	−5.1%	24.1%
Profit	69	67	9	24	74	115	18	87	138	145	16	100
Profit growth	4.8%	−15.4%	−49.9%	−14.1%	7.1%	71.7%	100.0%	260.5%	88.1%	25.3%	−11.8%	14.7%
Margin	15.4%	19.0%	4.9%	9.2%	16.7%	23.7%	7.5%	17.4%	21.6%	23.1%	7.0%	16.1%
Assets	550	520	522	564	629	594	587	657	738	678	749	825
Liabilities	92	59	58	74	118	72	96	118	174	116	159	174
Capital employed	458	461	463	489	510	522	492	539	564	562	589	651
Revenue	390	366	392	429	403	370	384	417	393	380	399	465
Revenue growth	8.1%	5.3%	−1.7%	1.0%	3.2%	1.0%	−2.0%	−2.7%	−2.4%	2.7%	3.9%	11.5%
Profit	3	10	20	19	8	9	7	4	9	5	2	−2
Profit growth	–	–	–	–	187.7%	−9.4%	−67.5%	−76.7%	7.7%	−49.4%	−75.8%	–
Margin	0.8%	2.8%	5.2%	4.3%	2.1%	2.5%	1.7%	1.0%	2.3%	1.2%	0.4%	−0.4%
Assets	800	841	848	807	762	756	788	772	759	779	790	783
Liabilities	429	465	460	409	367	330	359	342	331	352	364	361
Capital employed	370	376	388	398	395	427	430	429	428	427	426	422
Revenue	379	222	254	365	297	193	271	403	213	260	313	–
Revenue growth	2.3%	3.1%	5.1%	−4.6%	−21.7%	−13.1%	6.4%	10.4%	−28.3%	34.4%	15.6%	–
Profit	65	25	47	87	55	12	46	116	16	20	26	–
Profit growth	10.2%	188.6%	253.4%	8.5%	−15.1%	−52.0%	−2.4%	34.2%	−70.4%	67.5%	−42.0%	–
Margin	17.1%	11.1%	18.4%	23.8%	18.6%	6.2%	16.9%	28.9%	7.7%	7.7%	8.5%	–
Assets	1,539	1,486	1,469	1,552	1,594	1,573	1,619	1,791	1,853	1,869	1,874	–
Liabilities	963	892	898	1,018	1,022	987	981	1,128	878	912	936	–
Capital employed	576	594	570	534	572	586	638	662	975	957	938	–
Revenue	237	223	216	234	197	216	179	187	183	215	183	188
Revenue growth	3.7%	−20.5%	−12.1%	−24.5%	−16.7%	−3.3%	−17.4%	−20.2%	−7.4%	0.0%	2.5%	0.7%
Profit	15	−7	12	19	1	7	4	4	2	13	13	1
Profit growth	–	–	–	−28.4%	−96.6%	–	−65.9%	−76.8%	356.9%	94.5%	208.6%	−80.5%
Margin	6.3%	−3.3%	5.5%	8.2%	0.3%	3.0%	2.3%	2.4%	1.3%	5.9%	6.9%	0.5%
Assets	521	531	517	495	510	498	493	491	494	497	506	502
Liabilities	226	241	221	188	206	188	181	177	184	182	183	174
Capital employed	296	290	296	307	304	310	312	314	310	315	323	327
Revenue	9	23	22	28	22	29	28	52	30	41	35	–
Revenue growth	–	–	–	−41.0%	–	–	–	87.4%	–	41.7%	22.7%	–
Profit	−9	−6	−5	−3	−3	−3	1	2	−4	−2	2	–
Profit growth	–	–	–	–	–	–	–	–	–	–	78.2%	–
Margin	−96.2%	−24.9%	−22.7%	−11.7%	−12.4%	−9.4%	3.6%	4.0%	−11.8%	−5.2%	5.2%	–
Assets	131	135	130	131	123	124	128	141	134	140	122	–
Liabilities	46	56	33	34	32	40	48	53	48	48	40	–
Capital employed	85	78	97	97	91	84	80	88	86	92	82	–
Revenue	–	–	–	–	–	–	–	–	–	–	–	349
Profit	–	–	–	–	–	–	–	–	–	–	–	76
Margin	–	–	–	–	–	–	–	–	–	–	–	21.6%
Assets	–	–	–	–	–	–	–	–	–	–	–	2,053
Liabilities	–	–	–	–	–	–	–	–	–	–	–	1,040
Capital employed	–	–	–	–	–	–	–	–	–	–	–	1,013
Revenue	–	–	–	–	–	–	–	–	–	–	–	37
Profit	–	–	–	–	–	–	–	–	–	–	–	−1
Margin	–	–	–	–	–	–	–	–	–	–	–	−3.3%
Assets	–	–	–	–	–	–	–	–	–	–	–	140
Liabilities	–	–	–	–	–	–	–	–	–	–	–	49
Capital employed	–	–	–	–	–	–	–	–	–	–	–	92

Profit is before tax and finance costs, the way companies report their segments.

Q1 results, quarter to Jun 2026

From revenue to net profit, ₹ crore

Godrej Agrovet results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Animal Nutrition

Vegetable Oil

Dairy

Poultry and processed food

Crop Care

Other Business