AWL AGRI BUSINESS Q2 CONCALL : REVENUE UP 26% YOY, MANAGEMENT TARGETS ₹85,000 CR FY27 REVENUE & ₹2,600 CR EBITDA; FOOD & FMCG GROWTH REMAINS STRONG

• MANAGEMENT GUIDES FY27 CONSOLIDATED REVENUE OF APPROXIMATELY ₹85,000 CR, EBITDA OF ₹2,600 CR & OVERALL EBITDA MARGIN CLOSE TO 3% • MANAGEMENT EXPECTS FY27 VOLUME GROWTH OF APPROXIMATELY 8–9%, SUPPORTED BY EDIBLE OILS, FOOD & FMCG AND INDUSTRY ESSENTIALS • MANAGEMENT EXPECTS FOOD & FMCG REVENUE GROWTH ABOVE 25%, WITH FY27 EBITDA MARGIN GUIDANCE OF 3–4% & MEDIUM-TERM ASPIRATION TOWARDS HIGH-SINGLE-DIGIT MARGINS FROM FY28 ONWARD • MANAGEMENT MAINTAINS EDIBLE OIL EBITDA GUIDANCE OF ₹4,000–4,500 PER MT, WHILE EXPECTING MID-SINGLE-DIGIT VOLUME GROWTH • MANAGEMENT EXPECTS INDUSTRY ESSENTIALS VOLUME GROWTH TO MODERATE TO APPROXIMATELY 10–11% IN COMING QUARTERS, FOLLOWING EXCEPTIONALLY STRONG Q2 GROWTH • Q2 CONSOLIDATED REVENUE UP 26% YOY TO ₹22,202 CR, SUPPORTED BY 14% UNDERLYING VOLUME GROWTH • Q2 NORMALIZED OPERATING EBITDA UP 11% YOY TO ₹623 CR, WITH EBITDA MARGIN AT APPROXIMATELY 2.8% • Q2 NET PROFIT DOWN 2% YOY TO ₹239 CR, MAINLY DUE TO HIGHER TAX EXPENSES AT THE BANGLADESH SUBSIDIARY • H1 REVENUE UP 22% YOY TO ₹42,250 CR, NORMALIZED EBITDA UP 25% TO ₹1,378 CR & NET PROFIT UP 22% TO ₹591 CR • FOOD & FMCG REVENUE SURGED 32% YOY TO ₹2,216 CR, WITH EBITDA MARGIN AT 3.2%, WHILE FORTUNE PULSES GREW OVER 40% & CROSSED ₹100 CR QUARTERLY REVENUE • EDIBLE OIL VOLUMES GREW 5% YOY, WITH EBITDA AT APPROXIMATELY ₹4,100 PER MT, WITHIN MANAGEMENT'S GUIDED RANGE • INDUSTRY ESSENTIALS VOLUMES SURGED 25% YOY, WITH EBITDA AT APPROXIMATELY ₹4,300 PER MT, EXCEEDING GUIDANCE OF ₹3,000–3,500 PER MT • BRANDED EXPORTS GREW 72% YOY, QUICK COMMERCE GREW 40% & HORECA GREW 22%, WHILE DIRECT RETAIL REACH EXPANDED TO 9.7 LAKH OUTLETS • MANAGEMENT EXPECTS INVENTORY LEVELS TO NORMALIZE IN THE COMING QUARTER AFTER APPROXIMATELY ₹6,000 CR INVENTORY BUILDUP, WHICH CONTRIBUTED TO NEGATIVE H1 OPERATING CASH FLOW • MANAGEMENT REMAINS POSITIVE ON BRANDED FOODS, SPECIALTY CHEMICALS & EXPORTS, BUT COMMODITY PRICE VOLATILITY, HIGH WORKING-CAPITAL REQUIREMENTS, WEAK RURAL DEMAND & DELAYED MARGIN IMPROVEMENT REMAIN KEY RISKS

AWL AGRI BUSINESS LIMITED

← Back to feed