Adani Wilmar Limited (AWL) AI Stock Analysis

• Market Cap: ₹341.62B
• Dividend Yield: N/A
• Average Volume (3M): 87.44K
• Price to Earnings (P/E): 29.7
• Beta (1Y): 0.83
• Revenue Growth: 26.87%
• EPS Growth: 112.88%
• Country: IN
• Employees: 2,678
• Sector: Consumer Defensive
• Sector Strength: 45
• Industry: Agricultural Farm Products
• EPS (TTM): 1.80
• Shares Outstanding: 1,299,678,600
• 10 Day Avg. Volume: 98,048
• 30 Day Avg. Volume: 87,445
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹294.00
• Price Target Upside: 11.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: ₹294.00 ▲(11.85% Upside)

Adani Wilmar Limited's strong financial performance, characterized by significant revenue growth and improved cash flow, is the primary driver of its stock score. The technical analysis presents a neutral outlook, while the valuation indicates moderate pricing. The lack of earnings call and corporate events data limits additional insights.

Adani Wilmar Limited Business Overview & Revenue Model

Company Description

Adani Wilmar Limited (AWL) is a leading agribusiness company in India, specializing in edible oils, food products, and industry essentials. As a joint venture between the Adani Group and Wilmar International, AWL is involved in the production and distribution of a wide range of consumer goods including cooking oils, rice, flour, sugar, and packaged foods under popular brands like Fortune. The company also engages in the manufacturing of oleochemicals and castor oil derivatives, catering to both domestic and international markets.

How the Company Makes Money

Adani Wilmar Limited generates revenue through the sale of its diverse range of consumer products and industrial essentials. The primary revenue stream comes from the production and distribution of edible oils, which are sold under various brand names and through multiple distribution channels across India. Additionally, AWL earns from its packaged food products, leveraging its extensive retail network to capture market share in the fast-moving consumer goods sector. The company also profits from its oleochemicals and castor oil derivative segments, which serve industrial clients globally. Strategic partnerships, such as the joint venture between Adani Group and Wilmar International, enhance AWL's supply chain capabilities, allowing for cost-effective sourcing and distribution, further contributing to its earnings.

Adani Wilmar Limited Financial Statement Overview

Summary

Adani Wilmar Limited exhibits strong financial health with robust revenue growth and improved cash flow management. The company maintains healthy profitability margins and a balanced debt structure. There is room for improvement in cost management and cash generation efficiency, but the overall financial trajectory remains positive.

Income Statement

Adani Wilmar Limited shows robust revenue growth from 2024 to 2025, with a significant increase in revenue from 511,547.9 million to 636,722.4 million INR. The company has a strong gross profit margin of 11.83% and a net profit margin of 1.92%, indicating healthy profitability. The EBIT margin stands at 10.94%, reflecting strong operating efficiency. However, the EBITDA margin is slightly lower, at 3.9%, indicating potential areas for cost optimization.

Balance Sheet

The balance sheet reveals a solid equity position with a debt-to-equity ratio of 0.21, showcasing a conservative capital structure. The company maintains a return on equity (ROE) of 12.99%, demonstrating effective use of shareholders' funds. An equity ratio of 42.01% suggests a balanced approach to financing assets. However, the total liabilities are 58% of total assets, which could indicate potential leverage risks.

Cash Flow

Cash flow analysis highlights a remarkable turnaround in free cash flow from negative 6,433.8 million INR in 2024 to a positive 11,541.5 million INR in 2025, reflecting improved operational efficiency. The operating cash flow to net income ratio is 0.05, suggesting room for improving cash generation efficiency. The free cash flow to net income ratio is 0.94, indicating strong cash conversion and management's ability to turn profits into cash.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	637.18B	636.72B	581.85B	511.55B	541.07B	370.39B
Gross Profit	73.65B	75.35B	60.02B	53.08B	49.53B	42.75B
EBITDA	26.59B	24.81B	16.76B	12.63B	16.96B	13.45B
Net Income	12.25B	12.25B	5.82B	1.48B	8.04B	7.29B
Balance Sheet
Total Assets	224.38B	224.38B	209.80B	198.07B	213.17B	133.27B
Cash, Cash Equivalents and Short-Term Investments	25.75B	25.75B	44.30B	14.72B	25.95B	1.07B
Total Debt	19.37B	19.37B	23.96B	68.08B	27.01B	20.05B
Total Liabilities	130.14B	130.14B	128.14B	114.91B	137.11B	100.28B
Stockholders Equity	94.24B	94.24B	81.66B	83.16B	76.06B	32.98B
Cash Flow
Free Cash Flow	0.00	11.54B	-159.50M	-6.43B	6.24B	4.64B
Operating Cash Flow	0.00	21.50B	6.63B	2.89B	11.60B	9.26B
Investing Cash Flow	0.00	-2.70B	5.33B	1.42B	-38.61B	-4.84B
Financing Cash Flow	0.00	-15.44B	-9.19B	-5.63B	26.91B	-7.31B

Adani Wilmar Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 262.85
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AWL, the sentiment is Positive. The current price of 262.85 is above the 20-day moving average (MA) of 256.03, above the 50-day MA of 261.29, and below the 200-day MA of 272.20, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 54.48 is Neutral, neither overbought nor oversold. The STOCH value of 78.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AWL.

Adani Wilmar Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AWL	70 Outperform	₹341.62B	29.71		―	26.87%	112.88%
Sector *	63 Neutral	$20.52B	14.79	-2.72%	3.09%	1.95%	-4.74%
VENKEYS	59 Neutral	₹21.01B	36.69		0.67%	-5.74%	-57.53%
APEX	57 Neutral	₹6.86B	74.81		0.92%	18.85%	-37.83%
GODREJAGRO	57 Neutral	₹143.92B	31.62		1.47%	2.61%	16.80%
KSCL	―	₹61.33B	18.97		0.43%	―	―
SAKUMA	50 Neutral	₹4.11B	38.19		0.38%	-19.22%	-79.54%