Adani Wilmar Limited (IN:AWL)
:AWL
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Adani Wilmar Limited
(AWL)
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Rating:69Neutral
Price Target:
₹192.00
▼(-16.78% Downside)
Action:DowngradedDate:03/24/26
The score is driven primarily by strong financial performance, especially revenue growth and the sharp improvement in free cash flow with conservative leverage. This is offset by weak technical positioning (price below major moving averages and negative MACD) and a relatively high P/E with no dividend yield data to provide valuation support.
Positive Factors
Sustained Revenue Growth
Large, sustained revenue expansion reflects lasting demand for packaged edible oils and staples and benefits from scale across sourcing, processing and distribution. This durable top-line growth supports investment in brand, distribution reach and fixed-cost absorption over months.
Negative Factors
Thin Profit Margins
Very thin EBITDA and net margins leave limited room to absorb commodity cost inflation or competitive price moves. Structural margin pressure constrains long-term free cash generation and capacity to fund capex or marketing without eroding returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
Large, sustained revenue expansion reflects lasting demand for packaged edible oils and staples and benefits from scale across sourcing, processing and distribution. This durable top-line growth supports investment in brand, distribution reach and fixed-cost absorption over months.
Read all positive factors
Adani Wilmar Limited (AWL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹233.81B
Dividend YieldN/A
Average Volume (3M)218.81K
Price to Earnings (P/E)28.6
Beta (1Y)0.76
Revenue Growth27.53%
EPS Growth10.43%
CountryIN
Employees2,678
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)2.30
Shares Outstanding1,299,678,600
10 Day Avg. Volume67,915
30 Day Avg. Volume218,813
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)3.66
Price to Sales (P/S)0.54
P/FCF Ratio29.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)9.7
Revenue Forecast (FY)₹763.22B
Adani Wilmar Limited Business Overview & Revenue Model
Company Description
AWL Agri Business Ltd. provides edible oil, vanaspati and specialty fats. The firm offers vanaspati, packed basmati rice, pulses, soya chunks, besan and specialty fats, lauric range products, castor oils, oleo chemicals and non-GMO soya products. ...
How the Company Makes Money
AWL primarily makes money by selling food and agri-based products, with edible oils as its main revenue driver. Its revenue model is a mix of branded consumer sales and bulk/business-to-business sales: (1) Branded packaged products: AWL earns reve...
Adani Wilmar Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
88
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 696.86B | 636.72B | 512.25B | 581.85B | 541.87B | 370.90B |
| Gross Profit | 69.70B | 74.73B | 58.85B | 52.44B | 53.66B | 45.65B |
| EBITDA | 22.67B | 24.32B | 10.81B | 10.92B | 18.35B | 12.85B |
| Net Income | 10.82B | 12.25B | 1.48B | 5.82B | 8.04B | 7.29B |
Balance Sheet | ||||||
| Total Assets | 250.30B | 224.38B | 198.07B | 209.80B | 213.17B | 133.27B |
| Cash, Cash Equivalents and Short-Term Investments | 17.92B | 12.35B | 14.72B | 23.82B | 25.95B | 1.07B |
| Total Debt | 97.59B | 19.37B | 68.08B | 23.96B | 27.01B | 30.51B |
| Total Liabilities | 151.23B | 130.14B | 114.91B | 128.14B | 137.11B | 100.28B |
| Stockholders Equity | 99.05B | 94.24B | 83.16B | 81.66B | 76.06B | 32.98B |
Cash Flow | ||||||
| Free Cash Flow | 9.40B | 11.54B | -6.43B | -159.50M | 6.24B | 4.64B |
| Operating Cash Flow | 13.77B | 21.50B | 2.89B | 6.63B | 11.60B | 9.26B |
| Investing Cash Flow | -2.20B | -2.70B | 1.42B | 5.33B | -38.61B | -4.84B |
| Financing Cash Flow | -11.33B | -15.44B | -5.63B | -9.19B | 26.58B | -1.96B |
Adani Wilmar Limited Technical Analysis
Negative
230.70
Price Trends
193.84
Negative
221.15
Negative
241.80
Negative
Market Momentum
-3.35
Negative
45.16
Neutral
37.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AWL, the sentiment is Negative. The current price of 230.7 is above the 20-day moving average (MA) of 179.01, above the 50-day MA of 193.84, and below the 200-day MA of 241.80, indicating a neutral trend. The MACD of -3.35 indicates Negative momentum. The RSI at 45.16 is Neutral, neither overbought nor oversold. The STOCH value of 37.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AWL.
Adani Wilmar Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹43.66B | 96.95 | ― | 1.01% | ― | ― | |
69 Neutral | ₹233.81B | 28.59 | ― | ― | 27.53% | 10.43% | |
64 Neutral | ₹12.22B | 21.59 | ― | 0.72% | 31.51% | 378.33% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
58 Neutral | ₹110.28B | 23.92 | ― | 1.92% | 5.24% | 9.79% | |
54 Neutral | ₹19.09B | 11.00 | ― | 0.69% | -1.16% | -78.82% | |
44 Neutral | ₹3.01B | 137.71 | ― | 0.46% | -22.06% | -79.52% |
* Consumer Defensive Sector Average
IN:AWL
Adani Wilmar Limited
179.90
-89.95
-33.33%
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192.51
97.01%
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573.40
-118.55
-17.13%
IN:KSCL
Kaveri Seed Co. Ltd.
848.75
-491.39
-36.67%
IN:SAKUMA
Sakuma Exports Limited
1.92
-0.58
-23.20%
IN:VENKEYS
Venky's (India) Limited
1,354.90
-218.14
-13.87%
Adani Wilmar Limited Corporate Events
AWL Agri Business Clears Q3 and Nine-Month FY26 Unaudited Results, Publishes in Press and Online
Feb 4, 2026
AWL Agri Business Limited announced that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025 at a meeting held on 3 February 2026. The company has p...
AWL Agri Business Board Clears Q3 FY26 Unaudited Results After Limited Review
Feb 3, 2026
AWL Agri Business Limited announced that its Board of Directors has approved the company’s unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, at a meeting held on February 3, 2026...
AWL Agri Business Posts Record Revenue, Expands Reach in Edible Oils and Quick Commerce
Feb 3, 2026
AWL Agri Business Limited reported its highest-ever last-twelve-month revenue of ₹71,497 crore, driven by strong growth in the December 2025 quarter, where revenue from operations rose 10% year-on-year to ₹18,603 crore on the back of 3...
AWL Agri Business Posts Modest Volume Growth as Branded Foods and Digital Channels Gain Traction in Q3 FY26
Jan 5, 2026
AWL Agri Business Limited reported low single-digit volume growth for the quarter ended 31 December 2025, driven by an uptick in its Edible Oil and Food FMCG segments, while overall performance was partially offset by declines in its Industry Ess...
AWL Agri Business Faces Rs 80.59 Lakh GST Penalty, Plans Appeal
Dec 25, 2025
AWL Agri Business Limited has disclosed that it received an order from the Office of the Assistant Commissioner of State Tax, Gujarat, imposing a penalty of Rs 80.59 lakh under Section 74 of the Central Goods and Services Tax Act, 2017, and the Gu...
AWL Agri Business Faces GST Penalty, Sees No Material Impact
Dec 24, 2025
AWL Agri Business Limited has disclosed that it received an order from the Office of the Joint Commissioner, Corporate Circle, Lucknow, under Section 73 of the Uttar Pradesh Goods Services Tax Act, 2017, imposing a penalty of Rs 35,02,383. The pe...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.