Adani Wilmar Ltd

₹ 734 0.31%
19 Aug - close price
About

Adani Wilmar is a leading FMCG food company in India that offers most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. Our products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.[1]

Key Points

Parent entities[1] AWL is a joint venture incorporated in 1999 between the Adani Group, which is a multinational diversified business group with significant interests across transport and logistics, and energy and utility sectors, and the Wilmar Group, one of Asia's leading agribusiness groups which were ranked seventh largest listed companies by market capitalization on the Singapore Exchange as of September 30, 2021.

  • Market Cap 95,357 Cr.
  • Current Price 734
  • High / Low 878 / 221
  • Stock P/E 118
  • Book Value 56.8
  • Dividend Yield 0.00 %
  • ROCE 20.0 %
  • ROE 15.5 %
  • Face Value 1.00

Pros

  • Company has delivered good profit growth of 29.1% CAGR over last 5 years

Cons

  • Stock is trading at 12.9 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Edible Oil Industry: Solvent Extraction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
10,229 10,672 11,312 13,012 13,763 14,273 14,024
9,914 10,320 10,933 12,587 13,256 13,859 13,628
Operating Profit 316 352 379 425 507 414 396
OPM % 3% 3% 3% 3% 4% 3% 3%
8 26 57 24 26 61 51
Interest 84 111 142 144 138 101 144
Depreciation 68 66 68 69 73 75 77
Profit before tax 172 202 226 237 322 299 227
Tax % 35% -46% 26% 26% 25% 25% 25%
Net Profit 111 295 168 176 241 223 170
EPS in Rs 9.71 25.81 1.47 1.54 2.11 1.72 1.31

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
14,780 22,973 26,354 28,802 29,657 37,090 52,361 55,073
14,552 22,330 25,433 27,703 28,345 35,763 50,635 53,330
Operating Profit 228 643 921 1,100 1,312 1,328 1,726 1,743
OPM % 2% 3% 4% 4% 4% 4% 3% 3%
198 152 88 122 108 104 169 163
Interest 347 328 298 470 569 407 525 527
Depreciation 72 119 146 182 242 268 285 294
Profit before tax 8 348 566 570 609 757 1,084 1,085
Tax % 45% 34% 34% 36% 35% 14% 25%
Net Profit 4 230 375 365 395 655 808 811
EPS in Rs 0.39 20.09 32.79 31.95 34.52 57.27 6.22 6.68
Dividend Payout % -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 22%
TTM: 41%
Compounded Profit Growth
10 Years: %
5 Years: 29%
3 Years: 31%
TTM: 23%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 19%
3 Years: 18%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
109 114 114 114 114 114 130
Reserves 666 1,166 1,540 1,905 2,298 2,952 7,248
1,948 2,622 2,244 1,829 2,300 3,051 2,626
2,521 3,465 5,750 7,541 6,914 6,958 10,247
Total Liabilities 5,244 7,367 9,649 11,390 11,627 13,076 20,251
1,377 1,950 2,273 2,954 3,759 3,702 4,146
CWIP 43 70 443 570 325 531 363
Investments 136 52 53 54 55 106 286
3,688 5,294 6,880 7,812 7,488 8,736 15,456
Total Assets 5,244 7,367 9,649 11,390 11,627 13,076 20,251

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-64 1,601 1,680 793 741 1,154
-396 -916 -935 -518 -499 -3,848
459 -645 -742 -7 -531 2,716
Net Cash Flow -1 39 2 268 -289 22

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 18 13 17 16 11 15 15
Inventory Days 37 54 60 59 57 55 59
Days Payable 22 56 82 96 20 11 15
Cash Conversion Cycle 34 12 -5 -21 49 60 59
Working Capital Days 5 17 1 -9 -5 11 10
ROCE % 22% 27% 28% 22% 20%

Shareholding Pattern

Numbers in percentages

Mar 2022 Jun 2022
87.94 87.94
2.01 1.50
0.41 0.00
9.64 10.56

Documents