Adani Wilmar Limited: History, Latest Updates, Milestones, Subsidiaries and Share Price

INTRODUCTION

Adani Wilmar Limited is based in Ahmedabad, India, and is a multinational conglomerate majoring in food and beverages. Adani Wilmar Limited was set up in 1999 as a joint venture between Adani Enterprises Ltd. and Wilmar International Ltd. By 2022, had ramped up its capacity to produce 22 plants situated in 10 states in India, with a focus on the domestic market. Apart from satisfying domestic demand, there are other foreign markets through which AWL sells its products; these are the Middle East, Africa, and Southeast Asia.

Adani Wilmar Ltd. moves in 2024:

•  Adani Wilmar's net profit for FY2024 plunged by 75% to Rs 148 crore, down from Rs 582 crore in FY2023. This significant decline has notably impacted the Adani Wilmar share price.

• The company's operating revenue decreased by 12%, falling from Rs 58,185 crore in FY2023 to Rs 51,262 crore in FY2024, a factor that likely contributed to fluctuations in the Adani Wilmar share price.

• Despite the profit increase, the company's consolidated revenue for the quarter dropped by 4.6% to Rs 13,238 crore, from Rs 13,873 crore in the previous year due to declining edible oil prices, which could influence the Adani Wilmar share price.

• The company saw a 9% increase in edible oil volumes for the year and an 11% surge in the March quarter, with food & FMCG volumes also growing by 9% during the same period, factors that can potentially influence the Adani Wilmar share price.

Evolution of Adani Wilmar Ltd.: From Past to Present:

Past:

• Founded in 1999 as a joint venture between Adani Enterprises and Wilmar International, Adani Wilmar initially concentrated on the edible oil market, establishing its Fortune brand as a major player. Between 2014 and 2017, the company expanded its product line to include rice, soya chunks, and flour. By 2020, it had also entered the personal care market with the Alife brand and the Ready to Cook (RTC) products segment, achieving an 18.3% market share in the branded edible oil market in India by 2021.

Present:

• In January 2022, Adani Wilmar launched a successful IPO, leading to its stock market debut on February 8, 2022. Currently, the company is expanding its presence in edible oils, packaged foods, personal care, and RTC products, leveraging its established brand and market share to drive growth and adapt to changing consumer demands.

 

Timeline of Adani Wilmar Ltd. :

 

 

Inside Adani Wilmar Ltd: Exploring Products/Brands

 

Adani Wilmar Ltd

 

Corporate actions: Adani Wilmar Limited has not provided any dividends in the last 5 years

 

Main News:In Q4 2024, Adani Wilmar's net profit soared by 67% to Rs 157 crore.However, the company's total income decreased to Rs 13,342.26 crore, down from Rs 14,185.68 crore in the same quarter the previous year, as per their regulatory filing.

 

Main News:In May 2024, Adani Wilmar's share price rose by 2.47% to reach Rs 352.80, and was last observed trading 1.32% higher at Rs 348.85. Despite these gains, the share price has decreased by 19.94% over the past year.On the BSE, around 61,000 shares changed hands, which is lower than the two-week average volume of 1.80 lakh shares. The turnover amounted to Rs 2.13 crore, with the Adani Wilmar share price contributing to a market capitalization of Rs 45,378.28 crore.

Bangladesh Edible Oil Limited: 

Main News: Bangladesh Edible Oil Limited recently donated daily commodities to various orphanages and madrasas. The authorities of these institutions expressed their gratitude for the generous support provided by the company.

Current Adani Wilmar Ltd. share price NSE/BSE : 

 

 

Achievements and Milestones:

 

 

CONCLUSION

In conclusion, Adani Wilmar Limited has charted a remarkable trajectory since its inception, positioning itself for a promising future. Its consistent growth, expansive product portfolio, sustainability initiatives, and global presence make it a compelling consideration for investors interested in the agribusiness sector, influencing factors such as Adani Wilmar share price. Careful decision-making requires thorough research and alignment with financial goals and risk tolerance to ensure sound outcomes. It is advisable to seek tailored investment advice from a financial advisor to navigate the complexities of investment in Adani Wilmar Limited.

 

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Frequently Asked Questions:

 

1. Where can I find real-time updates on the Adani Wilmar share price?

Explore the latest Adani Wilmar share price and real-time stock price updates on Enrich Money's stock analysis page here.

 

2. What has been the highest share price of Adani Wilmar in the last 52 weeks?

52 Week's highest Adani Wilmar Ltd share price is Rs 841.70, while Adani Wilmar Ltd share price 52 week's low is Rs 327.25.

 

3. What is the current trend in the Adani Wilmar share market price?

The Adani Wilmar share market price has shown significant volatility. In May, it increased by 2.47% to reach Rs 352.80, although it has declined by 19.94% over the past year. Investors should consider these fluctuations when evaluating the Adani Wilmar share price for investment purposes.

4. How has Adani Wilmar's revenue growth compared to the industry average over the last five years?

Over the past five years, Adani Wilmar's revenue has grown at an annual rate of 17.47%, significantly surpassing the industry average of 11.83%. This robust growth underscores the company's effective strategies and could positively influence the Adani Wilmar share price.

5. How has Adani Wilmar's net income growth rate compared to the industry?

Adani Wilmar's net income has grown at an annual rate of 9.21% over the past five years, which is lower than the industry average of 13.47%. While this may impact investor sentiment, the overall performance and potential for growth still make the Adani Wilmar share price a point of interest for many investors.