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:
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Adani Wilmar Ltd’s revenue increased by 18.12% year-on-year to Rs. 14,565.30 crore in Q2 2024-2025, with a quarterly growth of 2.36% over the last three months, potentially impacting the Adani Wilmar share price positively.
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Adani Wilmar Ltd's net profit jumped 337.91% year-on-year to Rs. 311.02 crore in Q2 2024-2025, though it experienced a 0.7% decline compared to the previous quarter, which could impact the Adani Wilmar share price.
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Adani Wilmar Ltd’s net profit margin rose 301.42% year-on-year to 2.14% in Q2 2024-2025, though it declined by 2.98% quarter-on-quarter, potentially affecting theAdani Wilmar share price trajectory.
Evolution of Adani Wilmar Ltd.: From Past to Present:
Past:
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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, the company made its entry into the personal care industry with the Alife brand and also launched products in the Ready to Cook (RTC) segment.By 2021, it had secured an 18.3% share of India's branded edible oil market.
Present:
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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.
Name |
Adani Wilmar Limited |
Founded year |
1999 |
Chairman |
Gautam Adani |
Headquarters |
Ahmedabad, India |
Sector |
FMCG |
Major subsidiaries |
Omkar Chemical Industries Private Limited, Adani Wilmar Pte. Ltd., Awn Agro Private Ltd, Acalmar Oils & Fats Limited, K T V Health Food Private Limited, Vishakha Polyfab Private Limited, Golden Valley Agrotech Private Limited, Awl Edible Oils And Foods Private Limited |
revenue |
Rs. 51,555 crore (US$6.2 billion) (FY24) |
Nse code |
AWL |
Bse code |
543458 |
Timeline of Adani Wilmar Ltd. :
Year |
Fact |
Description |
1999 |
Incorporation |
Adani Wilmar Ltd. was established as a joint venture between Adani Enterprises and Wilmar International, marking a strategic partnership that has shaped its growth and market presence. |
2014-2017 |
Product Expansion |
Launched new packaged products under the Fortune brand, including rice, soya chunks, and flour. |
2019-2020 |
Entry into Personal Care and RTC Markets |
Made its foray into the personal care industry with the Alife brand and extended its reach into the Ready to Cook (RTC) products category. |
2021 |
Market Share |
Adani Wilmar holds a substantial 18.3% market share in India's branded edible oil market, highlighting its strong position in the industry. |
2022 |
Initial Public Offering (IPO) |
Held a three-day IPO from January 27 to January 31; listed on the stock exchange on February 8, 2022. |
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 the fourth quarter of 2024, Adani Wilmar's net profit surged 67%, reaching 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 increased by 2.47%, reaching Rs 352.80, and was last seen 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, approximately 61,000 shares were traded, falling short of 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.
Main News: On December 6, 2024, Adani Wilmar Limited (AWL) announced the elevation of Shrikant Kanhere to the position of Deputy Chief Executive Officer.
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 :
COMPANY NAME |
SECTOR |
SHARE PRICE LINK |
Adani Wilmar Ltd |
FMCG |
Achievements and Milestones:
Year |
Award/Recognition |
Description |
2022 |
Most Trusted Brand Award |
Recognized as one of the most trusted brands in the FMCG sector. |
2023 |
India Green Manufacturing Challenge Gold Medal |
Mundra facility awarded for sustainable manufacturing practices. |
2023 |
India Green Manufacturing Challenge Silver Medal |
Hazira plant honored for its commitment to eco-friendly operations. |
2024 |
Champion of Food Fortification and Nutrition Award |
Recognized for enhancing food nutrition and fortification. |
2024 |
Best Rural Children Healthcare Initiative Award |
Fortune SuPoshan program awarded for addressing malnutrition and anemia in rural areas. |
2024 |
Sabre South Asia Awards |
Fortune brand campaign recognized for impactful storytelling on pickle-making traditions. |
CONCLUSION
In summary, Adani Wilmar Limited has followed an impressive path since its establishment, setting the stage for a bright and 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:
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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.
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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.
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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.
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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 12.26%, significantly surpassing the industry average of 9.59%. This robust growth underscores the company's effective strategies and could positively influence the Adani Wilmar share price.
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How has Adani Wilmar's net income growth rate compared to the industry?
Adani Wilmar's net income has declined at an annual rate of -16.99% over the past five years, significantly lagging behind the industry average growth rate of 11.1%. This disparity may influence investor sentiment, but the company's long-term potential and strategic initiatives continue to make the Adani Wilmar share price a topic of interest among investors.
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