AWL Agri Business Limited (AWL) — Financial Results

Investor Takeaways

20%+ YoY revenue growth in Food & FMCG segment for Q1 FY27

30% YoY revenue growth in Industry Essentials segment

27% YoY growth in Alternate Channels contributing ₹5,600 crores on TTM basis

Added over 1 lakh retail outlets, reaching 9.7 lakh total outlets

17%+ volume growth in Q1 FY27 driven by rice (+40%+ YoY) and wheat flour recovery

Overall Tone: Positive

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹16,859.31 Cr	20%+
Net Profit	₹410.93 Cr	N/A
EBITDA	N/A	N/A
EPS	[amount context mismatch]	N/A
OPM	4.7%	N/A

What Changed

The filing reveals significant segmental momentum in Q1 FY27, with Food & FMCG revenue growing over 20% YoY and Industry Essentials achieving 30% YoY growth. Volume growth of 17%+ was driven by strong performance in rice (+40%+ YoY) and wheat flour recovery, while edible oil revenue grew 13% YoY despite flat volumes. The company expanded its distribution network by adding over 1 lakh retail outlets, bringing total outlets to 9.7 lakh, and achieved 27% YoY growth in Alternate Channels, which now contribute ₹5,600 crores on a TTM basis. The expansion of the premium portfolio through a Madhur brand licensing deal further supports strategic positioning. The board is set to approve consolidated and standalone financial results for Q1 FY27 ending June 30, 2026, following this business update.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
AWL Agri Business Limited	21.78	Not available	Not available	25,958.48
Hindustan Unilever Limited	36.79	29.38%	27.39%	5,33,874.13
ITC Limited	11.06	50.02%	38.91%	3,87,724.39
Nestle India Limited	84.59	81.33%	93.64%	2,75,845.36

AWL trades at a significant discount to peers on P/E ratio, reflecting lower valuation multiples compared to HUL, ITC, and Nestle India, though its ROE and ROCE metrics are not provided in the fundamentals.