Note On Godrej Agrovet Updated
Note On Godrej Agrovet Updated
Note On Godrej Agrovet Updated
GCPL’s India branded business delivered strong growth of 16% for year ended Mar-23. As GCPL
centralizes and leverages synergies for R&D and marketing, it is also setting up Godrej International,
a dedicated team to scale up global exports and serve world class product mixes.
Godrej Chemicals
Chemicals business had an outstanding year ended Mar-23. The Total revenue of the business stood at
Rs. 4,173 Crore and recorded a growth of 36%, operating profit of the business stood at Rs. 706 Crore
and recorded growth of 207% over the previous year.
Godrej Properties
GPL continues to be ranked #1 for the third consecutive year amongst residential developers by
Global Real Estate Sustainability benchmark (GRESB). It achieved collections of Rs. 8,991 Crore for
FY 23, representing a growth of 40% over the previous year.
Godrej Agrovet
In FY23, GAVL’s consolidated revenues from operations increased to 9,374 Crore from Rs. 8,306
Crore, a growth of 13% year-on-year. The growth was primarily driven by market share gains in
Animal Feed and robust volume growth in branded products in food businesses i.e. Dairy and Poultry.
Godrej Capital
Godrej Capital Limited (GCL), is a Non-Banking Finance Company. GCL is the holding company of
Godrej Housing Finance Limited (GHFL), a Non-Banking Finance Company – Housing Finance
Company and Godrej Finance Limited (GFL), a Non-Banking Finance Company which have Rs.3500
crores and Rs.1400 crores of AUM as on March 31, 2023.
₹ Crores
Particulars FY23 FY22
Total Income 9,481 8,386
EBITDA 564 723
Profit Before Tax 280 487
Profit After Tax 239 409
Valuations-
Sources
1. Motilal Oswal report on Godrej Agrovet-
https://www.motilaloswal.com/site/rreports/638349442648512118.pdf (Refer exhibit
11)
3. https://www.hindustantimes.com/business/godrej-family-begins-formal-division-of-
group-will-start-divestments-soon-report-101713501932496.html