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AWL Agri Business Limited reported low single-digit volume growth in Q3 FY26, propelled by edible oils and Food & FMCG gains despite Industry Essentials declines. Alternate channels soared 42% YoY, backed by quick commerce surge, new TVCs, and distribution to 9.5 lakh outlets. Full financials await board approval.
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AWL Agri Business Limited posted low single-digit volume growth in Q3 FY26, driven by edible oils and Food & FMCG upticks, offset by declines in Industry Essentials. Alternate channels surged 42% YoY, with robust marketing via new TVCs and distribution expansion to 9.5 lakh outlets boosting branded performance. Full results pending board approval.
Key Business Highlights
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Volumes grew low single digits overall, led by edible oils at 3% YoY and Food & FMCG at 3% excluding G2G.
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Alternate channels hit 42% YoY volume growth, with quick commerce up 65%; LTM revenue neared INR 4,800 crore.
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Distribution reached ~9.5 lakh outlets, up 18% YoY, shifting focus to efficiency and rural micro-fulfilment.
Segment Performance Snapshot
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Edible oils up 3% volumes (62% mix), with mustard and palm strong; sunflower flat due to inflation. Food & FMCG other categories exceeded 30% YoY growth.
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Industry Essentials down 7% on castor and de-oiled cakes weakness. HoReCa and branded exports posted double-digit gains.
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Q3 standalone: volumes +1%, value +5%; 9M volumes +2%, value +17% excluding G2G rice.
Strategic Initiatives
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Launched five new TVCs featuring Akshay Kumar and regional stars, plus festive activations for brand saliency. Introduced multi-grain wheat flour as NPD.
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Branded rice grew strong double digits; e-com atta and rice over 40% YoY despite rationalized spends.
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GD Foods grew 18% YoY via bundling and distribution leverage. Pricing hygiene improved wheat profitability amid flat volumes.
Sources: AWL Agri Business Limited Quarterly Update Q3 FY26; TipRanks.com
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