Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Management Changes
Audit Opinion:
Unmodified opinion on both standalone and consolidated financial results
Auditor’s Comment:
No qualifications or modifications. The limited review did not identify any material misstatements.
Key Financial Highlights [₹ in crore]:
Standalone Results:
Revenue from Operations: ₹2,205.39 crore (10% increase YoY from ₹2,006.56 crore in Q1 FY26)
Total Income: ₹2,269.10 crore
Net Profit: ₹183.60 crore (9% increase YoY from ₹168.89 crore in Q1 FY26)
EPS: ₹9.55 (basic) and ₹9.54 (diluted)
Consolidated Results:
Revenue from Operations: ₹2,855.22 crore (9% increase YoY from ₹2,614.29 crore in Q1 FY26)
Total Income: ₹2,869.99 crore
Net Profit: ₹128.31 crore (14% decrease YoY from ₹148.83 crore in Q1 FY26)
EPS: ₹6.99 (basic and diluted)
Net Profit Attribution:
- Owners of the Company: ₹134.50 crore
- Non-Controlling Interest: ₹(6.19) crore
Segment-wise Performance [₹ in crore]:
Segment Revenue (Consolidated):
- Animal Nutrition: ₹1,302.09 crore
- Vegetable Oil: ₹619.24 crore
- Crop Care Business: ₹349.02 crore
- Dairy: ₹464.63 crore
- Poultry and processed food: ₹188.17 crore
- Others: ₹37.35 crore
- Total Segment Revenue: ₹2,960.50 crore
- Less: Inter Segment Revenue: ₹(105.28) crore
- Total Revenue: ₹2,855.22 crore
Segment Results (Profit Before Interest and Tax):
- Animal Nutrition: ₹83.68 crore
- Vegetable Oil: ₹99.61 crore
- Crop Care Business: ₹75.55 crore
- Dairy: ₹(1.90) crore
- Poultry and processed food: ₹0.87 crore
- Others: ₹(1.23) crore
- Total Segment Results: ₹256.58 crore
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.
Management Changes:
- Mr. S. Varadaraj will superannuate as Chief Financial Officer & Head – Finance & Legal effective close of business hours on September 30, 2026
- Mr. Ravishankar A. appointed as Chief Financial Officer – Designate effective September 21, 2026 until September 30, 2026
- Mr. Ravishankar A. appointed as Chief Financial Officer effective October 1, 2026
Other Significant Information:
- The company issued and allotted 30,973 equity shares of ₹10 each on April 30, 2026 pursuant to exercise of stock options
- Godrej Foods Limited (wholly owned subsidiary) recognized deferred tax as per new tax regime under Section 115BAA of Income Tax Act, 1961
- The company holds 99.78% equity stake in Creamline Dairy Products Limited as of June 30, 2026
- Omnivore India Capital Trust received SEBI approval for winding up of Omnivore Capital I India on June 12, 2025
- Astec LifeSciences Limited completed rights issue in July 2025, increasing Godrej Agrovet's stake to 67.03% as of March 31, 2026
- Exceptional items of ₹32.96 crore recognized in Q4 FY26 for impairment of investment in Godrej Cattle Genetics Private Ltd (standalone only)
- Statutory impact of new Labour Codes resulted in exceptional items of ₹20.46 crore (standalone) and ₹30.44 crore (consolidated) in FY26
Financial Ratios (Consolidated):
- Debt Equity Ratio (gross): 0.71
- Debt Equity Ratio (net): 0.70
- Debt Service Coverage Ratio: 0.64
- Interest Service Coverage Ratio: 6.66
- Current Ratio: 0.94
- Operating Margin: 8.41%
- Net Profit Margin: 4.49%