AWL Agri Business (AWL) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 consolidated revenue grew 18% year-on-year to ₹20,048 crore, with normalized EBITDA up 34% to ₹693 crore and PAT up 48% to ₹351 crore, driven by strong Food & FMCG and edible oils performance.

• The company continues its transformation from an edible oil-focused business to a diversified food and FMCG player, with food and FMCG now a central growth engine.

• Underlying volume growth was 7% year-on-year, with robust expansion in branded foods and alternate channels.

• Unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, were approved by the Board on July 30, 2026.

• Statutory auditors conducted a limited review and found no material misstatements in the financial statements.

Financial highlights

• Consolidated revenue reached ₹20,048 crore, up 18% year-on-year, with 7% underlying volume growth.

• Operating EBITDA rose 34% year-on-year to ₹693 crore; profit before tax and after tax grew 48% and 40% respectively.

• Consolidated net profit stood at ₹351.39 crore, up from ₹237.95 crore year-over-year; basic and diluted EPS was ₹2.71, up from ₹1.83.

• Segment-wise EBITDA: Edible Oil ₹492 crore, Food & FMCG ₹104 crore, Industry Essentials ₹176 crore.

• Gross profit was ₹2,134 crore (+21% YoY), EBITDA margin (excl. OI) ₹4,060 per MT (+24% YoY).

Outlook and guidance

• Food & FMCG segment targets mid-teen revenue growth and EBITDA margin in the 3%-4% range.

• Edible oils expected to see 5%-6% volume growth, with EBITDA of ₹4,000-4,500 per metric ton.

• Industry Essentials aims for 8%-9% volume growth and EBITDA of ₹3,000-3,500 per metric ton.

• Full-year food and FMCG revenue growth guidance is 18%-20%.

• Food & FMCG business expected to drive further margin improvement over the next five years, targeting 20-25%+ ROCE at company level as it matures.