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GODREJAGRO - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 4.0

Stock Code GODREJAGRO Market Cap 11,469 Cr. Current Price 596 ₹ High / Low 876 ₹
Stock P/E 20.2 Book Value 151 ₹ Dividend Yield 1.84 % ROCE 23.4 %
ROE 20.8 % Face Value 10.0 ₹ DMA 50 591 ₹ DMA 200 629 ₹
Chg in FII Hold 0.03 % Chg in DII Hold 0.48 % PAT Qtr 88.2 Cr. PAT Prev Qtr 131 Cr.
RSI 51.2 MACD 3.78 Volume 1,20,183 Avg Vol 1Wk 1,30,686
Low price 506 ₹ High price 876 ₹ PEG Ratio 0.62 Debt to equity 0.30
52w Index 24.4 % Qtr Profit Var 29.6 % EPS 27.4 ₹ Industry PE 23.2

📊 Financials: GODREJAGRO maintains strong fundamentals with ROE at 20.8% and ROCE at 23.4%, reflecting efficient capital utilization. EPS at ₹27.4 supports earnings strength. Debt-to-equity at 0.30 indicates moderate leverage but manageable. Quarterly PAT declined to ₹88.2 Cr. from ₹131 Cr., showing earnings pressure despite long-term stability.

💹 Valuation: Current P/E of 20.2 is below the industry average of 23.2, suggesting relative undervaluation. PEG ratio of 0.62 indicates growth is fairly priced. Book value of ₹151 vs. CMP ₹596 highlights a reasonable P/B multiple, supported by profitability and dividend yield of 1.84%.

🏗️ Business Model: GODREJAGRO operates in agribusiness, including animal feed, crop protection, and dairy. Its competitive advantage lies in diversified product lines, strong brand presence, and integration across agriculture value chains.

📈 Entry Zone: Accumulation near ₹580–₹600 (close to 50 DMA support) offers favorable risk-reward. RSI at 51.2 indicates neutral momentum, while MACD at 3.78 shows mild bullishness. Exit strategy near ₹640–₹650 with stop-loss around ₹560.

🕰️ Long-Term Holding: Strong fundamentals, dividend yield, and sectoral demand support long-term holding. Earnings volatility remains a risk, but valuation comfort makes it suitable for cautious accumulation.

Positive

  • Strong ROCE (23.4%) and ROE (20.8%)
  • P/E (20.2) below industry average (23.2)
  • PEG ratio of 0.62 indicates fair growth valuation
  • Dividend yield of 1.84% adds steady returns
  • Institutional support with DII holdings up (+0.48%)

Limitation

  • Quarterly PAT decline (₹131 Cr. → ₹88.2 Cr.)
  • Moderate debt-to-equity ratio (0.30)
  • 52-week performance relatively weak (24.4%)
  • FII holdings decreased (-0.03%)

Company Negative News

  • No major negative news reported; earnings decline remains the primary concern

Company Positive News

  • Strong fundamentals with dividend yield support
  • DII holdings increased (+0.48%)

Industry

  • Agribusiness sector supported by rising demand for food and crop protection
  • Industry P/E at 23.2 reflects moderate valuations

Conclusion

GODREJAGRO is fundamentally strong with efficient profitability and fair valuation. Entry near ₹580–₹600 is favorable, with profit booking advised near ₹640–₹650. Best suited for long-term investors seeking stable agribusiness exposure with moderate risk.

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