Research Reports'Buy' AWL Agri Shares To Get An Upside Of 37% Says ICICI Securities Post Q1 Results — Here's Why
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'Buy' AWL Agri Shares To Get An Upside Of 37% Says ICICI Securities Post Q1 Results — Here's Why
AWL Agri remains focused on throughput-led recovery, with foods execution and rural expansion key to de-risking edible oil business and supporting long-term re-rating, says the brokerage.
AWL Agri Business reported 20% YoY revenue growth due to pricing action, while volume growth was impacted by weakness in palm oil and rationalisation of rice business.
(Photo source: Company website)
AWL’s Q1 FY26 revenue grew 20% YoY on pricing tailwinds in edible oils. Segment-wise, edible oil revenue rose 26% YoY (volumes -4%), food and fmcg declined 8% YoY (volumes -20%) due to discontinuation of G2G rice and consolidation in regional rice, while Industry Essentials grew 12% YoY.