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Adani Wilmar (AWL Agri)

CSell / Avoid
AWL · NSE · Mid Cap · FMCG Supplier
FMCG Supplier
Fetching live…
290
1D -0.4%1M -2.5%1Y -22%
Fundamental (RQ-100)
36
Technical (TQ-100)
36
Valuation
47
Market cap
₹38.0K Cr
Live decision ratingDSell / Avoid
Fundamental score breakdown
36/100
Growth Quality
8.4 / 20
Rev 1Y 4.0%, 3Y CAGR 8.0%, 5Y CAGR 12.0%
Margin & Profitability
1.5 / 15
EBITDA 3.0%, PAT 1.5%
Return on Capital
9.0 / 20
ROCE 12.0%, ROE 8.0%
Cash Flow Quality
4.0 / 15
OCF/EBITDA 0.45
Leverage
6.0 / 10
ND/EBITDA 1.40
Reinvestment
3.0 / 8
Capex/Sales 1.0%
Accounting
4.0 / 7
Governance
4.0 / 5
Red flags (penalty)
-4.0 / 0
Technical score breakdown
36/100
Trend Structure
8.0 / 20
↓ 200 · ↓ 50 · ↓ 20
Momentum
3.0 / 15
1Y -22.0%, 1M -2.5%
Volume Dynamics
8.0 / 15
Vol30 —%
Relative Strength
2.0 / 15
1Y -22.0%
MA Cluster
5.0 / 10
Extension
5.0 / 10
—% from 50DMA
Volatility
4.0 / 8
Price Action
1.0 / 7
-100.0% from 52W H

Business

What this company actually does

Edible oils (Fortune) + staples. Mass-market reach.

Stores
Dark stores
Cities
Listed status
Listed

Format exposure

How direct is this play?

Primary formatFMCG Supplier
Exposure typeMeaningful
Revenue visibilityLow
Operating leverage stageInvestment
Policy beneficiaryNone
Data confidenceMedium

Financial snapshot

Live · green dot = live, falls back to curated

Revenue
₹53.0K Cr
Rev 1Y growth
4%
Rev 3Y CAGR
8%
EBITDA margin
3.0%
PAT margin
1.5%
ROE
8%
ROCE
12%
OCF/EBITDA
0.45
Net Debt/EBITDA
1.4

Financial statements

Multi-year P&L, balance sheet, cash flow — scraped live from Screener.in

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Valuation

Live multiples + retail-specific (curated)

P/E
45
Forward P/E
38
EV/EBITDA
22
EV/Sales
0.7
P/B
4.0
FCF Yield
2.7%

Trading below 25× EV/EBITDA — relatively reasonable for this segment.

Investment thesis

AI-generated · always cite sources before acting

Bull
Long-runway TAM with structural tailwinds.
Base
Earnings growth of ~9% over the next 3 years assuming margins hold. Multiple compression risk if growth slows; multiple expansion possible if FMCG Supplier GMV outperforms.
Bear
Format-level risk: regulation, gig-cess, or competitive pressure compress contribution margin.
Variant perception
Consensus views Adani Wilmar (AWL Agri) as a challenged player. Our differentiated take: the current multiple already prices in mid-cycle outcomes.
Key monitorables
  • Quarterly EBITDA margin trajectory
  • Revenue growth vs management guidance
  • Capex vs store/dark-store adds
  • Promoter holding and ESOP dilution