Godrej Agrovet Ltd - Company Profile
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Business Description
Godrej Agrovet Ltd (GAVL), a subsidiary of Godrej Industries Ltd, is an agri-business company. It offers products and services to improve the productivity of crop and livestock yields. The company operates in various sectors, including animal feed, aqua feed, crop protection, oil palm plantation, dairy, and processed food. Agrovet serves industries such as agriculture, livestock, aquaculture, and dairy. GAVL manufactures and markets processed food and poultry under Real Good Chicken, Yummiez and Jersey brand names.
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R&D Overview
GAVL has been strategically investing in R&D capabilities across its business segments. The company's subsidiary, Astec LifeSciences Ltd, has launched an advanced R&D Center for Chemical Research, complementing existing facilities in animal feed, oil palm, and crop protection. The company aims to accelerate the development and commercialization of new products through these investments. The R&D initiatives include exploring the full genetic potential of animals through nutrition, improving livestock productivity, optimizing the cost of poultry meat, eggs, and milk, and adding value to agricultural by-products. The company also focuses on developing high-quality products for Aqua farmers and conducting plantation experiments such as precision agriculture and plant nutrition. The R&D units of GAVL include the Nadir Godrej Centre for Animal Research & Development (NGCARD), R&D Centre at Nashik, Aqua Feed R&D Centre, R&D Centre at Hanuman Junction, Adi Godrej Centre for Chemical Research & Development, and R&D Centre at Rabale, Maharashtra. These units are responsible for exploring the full genetic potential of animals, improving livestock productivity, developing high-quality products for Aqua farmers, and conducting chemical research and development. In FY2025, the company incurred an expenditure of INR281.3 million on R&D, which as a percentage of revenue, stood at 0.4%.
Business Segments
Overview
Offers cattle feed, poultry feed, aqua feed and specialty feed. Operates animal feed manufacturing plants in Ikolaha in Punjab; Miraj in Maharashtra; Sachin in Gujarat; Kharagpur in West Bengal; Khurda in Orissa; Kondapalli and Medchal in Telangana; Tumkur in Karnataka; Hajipur in Bihar; Erode in Tamil Nadu; Chandauli and Unnao in Uttar Pradesh; Dhule in Maharashtra; and Khanna in Punjab.
Performance
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Overview
Offers palm plantation products including crude palm oil, palm kernel cake, and crude palm kernel oil. Operates palm oil factories in Pothepally, Chintampalli, Seethanagaram in Andhra Pradesh; Varanavasi in Tamil Nadu; Valpoi in Goa, and Kolasib in Mizoram.
Performance
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Overview
Provides plant growth regulators, generic agrochemicals, organic manures, and specialized herbicides. Operates agri inputs manufacturing plants in Jammu and Kashmir and Lote Parshuram in Maharashtra.
Performance
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Overview
Manufactures various dairy products under its brand name Jersey through its subsidiary Creamline Dairy Products ltd. In FY2024, the segment's capital expenditure stood at INR370.5 million which grew 10.1% YoY.
Performance
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Overview
Includes seed business, real estate business and energy generation through windmills. In FY2024, the segment incurred a capital expenditure of INR84.8 million which grew 61.5% YoY.
Performance
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Overview
Manufacturers processed poultry and vegetarian products through its brands Real Good Chicken and Yummiez.
Performance
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Geographical Segments
Performance
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Performance
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