GODREJAGRONSEGodrej Agrovet LimitedHighNeutral
Announced Thu, 30 Apr · 18:06 IST

Godrej Agrovet Limited has informed the Exchange regarding Grant of 50507 Options.

Pat Growth 25pctExceptional ItemResults View source PDF

GODREJAGRO · price

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Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹600.00
prior close
₹607.55
base price
After-mkt
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AI summary

Godrej Agrovet reported FY2026 consolidated revenue of Rs. 10,233 crore, up 9% from Rs. 9,383 crore in FY2025. Profit after tax grew 10% to Rs. 445 crore from Rs. 403 crore. Basic EPS stood at Rs. 24.58 vs Rs. 22.35 in the prior year. The board recommended a final dividend of Rs. 11 per share (110%) for shareholder approval at the August 2026 AGM. Vegetable Oil segment showed strong growth (up 39% to Rs. 1,998 crore), while Poultry segment declined slightly. The Nomination Committee granted 50,507 stock options to eligible employees at Rs. 10 per option, vesting over 3 years. Additionally, 30,973 equity shares were allotted under the employee stock scheme, and 7,518 options lapsed due to employee departures. Auditors gave an unmodified opinion with no qualifications.

Likely market impact

The company delivered solid 10% PAT growth with stable margins. The dividend yield offers decent shareholder returns. The Vegetable Oil segment is the key growth driver. The impairment in standalone books (Rs. 33 crore in Cattle Genetics) is non-cash at consolidated level and does not affect underlying operations.