Shares of this Adani Group stock are in focus today after posting positive Q3FY25 results today, where Net profits increased by 105% YoY and revenues went up by 31% YoY.
Share Price Movement
The shares of Adani Wilmar Ltd were trading around, Rs 259 per share, up by 3% from its previous close of Rs 252 apiece. The market capitalization of the company stands at Rs 33,629.18 Crores as of Monday.
Q3FY25 Results
Adani Wilmar Ltd reported a 105% increase in Net profits Year-on-Year, from Rs 201 Crores in Q3FY24 to Rs 411 Crores in Q3FY25, and on a quarterly basis, profits increased by 32% from Rs 311 Crores in Q2FY25.
The company reported an increase of around 31% in revenue from operations on a yearly basis from Rs 12,828 Crores in Q3FY24 to Rs 16,859 Crores in Q3FY25 and 16.6% on a quarterly basis, from Rs 14,460 Crores in Q2FY25.
Segment Revenue
Revenue from Edible oil saw a growth of 38% from Rs 9,711 Crores in Q3FY24 to Rs 13,387 Crores in Q3FY25. Food & FMCG saw a growth of 22% from Rs 1,273 Crores to Rs 1558 Crores over the same period and Industry essentials grew by 4% from Rs 1,844 Crores to Rs 1,915 Crores over the same period.
Key Highlights
The Company has been expanding its distribution network to access more towns, reaching over 43,000 rural towns directly by the end of December 2024. This marks substantial progress from just over 5,000 towns in March 2022. Their goal is to reach over 50,000 rural towns by the end of FY’25 and drive the penetration of outlets as well as volume offtake in these new outlets.
Management Commentary
Mr. Angshu Mallick, MD & CEO of Adani Wilmar, commented, “Our revenue grew by 31% YoY to INR 16,859 crores, driven by strong performance in both edible oils (38% YoY) and Food & FMCG (22% YoY). We achieved record profits with EBITDA of INR 792 crores and PAT of INR 411 crores. Our TTM performance reached the best-ever levels, with operating EBITDA of INR 2,390 crores and PAT of INR 1,192 crores. We have significantly expanded rural coverage to 43,000 towns and achieved 41% YoY growth in e-commerce. Our strategies continue to drive growth, with the ‘Fortune’ brand celebrating its 25th anniversary.”
About Adani Wilmar Ltd
Adani Wilmar Limited was founded in 1999 as a 50:50 joint venture between Adani Group of India and Wilmar Group of Singapore. It is one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. In December 2024, Gautam Adani’s group announced its exit from Adani Wilmar, selling its entire 43.94% stake for over USD 2 billion. 31.06% of the stake was sold to Wilmar International, while the remaining 13% will be sold in the open market to meet public shareholding requirements.
Written By Adhvaitha Nayani
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