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GODREJAGRO - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.9

Stock Code GODREJAGRO Market Cap 11,325 Cr. Current Price 588 ₹ High / Low 876 ₹
Stock P/E 20.8 Book Value 141 ₹ Dividend Yield 1.87 % ROCE 24.4 %
ROE 20.9 % Face Value 10.0 ₹ DMA 50 593 ₹ DMA 200 642 ₹
Chg in FII Hold -0.92 % Chg in DII Hold 0.20 % PAT Qtr 131 Cr. PAT Prev Qtr 177 Cr.
RSI 48.2 MACD -3.13 Volume 1,09,625 Avg Vol 1Wk 1,47,000
Low price 506 ₹ High price 876 ₹ PEG Ratio 1.75 Debt to equity 0.57
52w Index 22.1 % Qtr Profit Var -21.1 % EPS 27.5 ₹ Industry PE 25.5

📊 Core Financials

  • Quarterly PAT declined from ₹177 Cr. to ₹131 Cr., showing short-term weakness.
  • ROCE at 24.4% and ROE at 20.9% → strong efficiency and profitability.
  • Debt-to-equity ratio of 0.57 → moderate leverage compared to peers.
  • Cash flows supported by agri-business operations but cyclical in nature.

💹 Valuation Indicators

  • P/E Ratio: 20.8 vs Industry PE of 25.5 → slightly undervalued compared to peers.
  • P/B Ratio: ~4.2x (₹588 / ₹141) → moderate valuation.
  • PEG Ratio: 1.75 → indicates moderately expensive valuation relative to growth.
  • Intrinsic Value: Current price near fair zone, with limited upside.

🏢 Business Model & Competitive Advantage

  • Agri-business company with diversified portfolio in animal feed, crop protection, and dairy.
  • Strong brand presence under Godrej group provides trust and distribution strength.
  • Exposure to rural demand cycles and commodity prices affects earnings stability.

📈 Technical & Entry Zone

  • Current Price: ₹588, near 50 DMA (₹593) and below 200 DMA (₹642).
  • RSI: 48.2 → neutral zone.
  • MACD: -3.13 → bearish momentum.
  • Entry Zone: Attractive accumulation between ₹540–₹560.
  • Long-Term Holding: Suitable for investors with 3–5 year horizon, given agri-sector demand growth.

✅ Positive

  • Strong ROCE and ROE.
  • Dividend yield of 1.87% provides steady income.
  • DII holdings increased by 0.20%, showing institutional support.

⚠️ Limitation

  • Moderate debt levels (0.57 debt-to-equity).
  • Quarterly profit decline (-21.1%) raises concerns.

📉 Company Negative News

  • Decline in FII holdings (-0.92%).
  • Stock corrected from 52-week high of ₹876.

📈 Company Positive News

  • EPS of ₹27.5 reflects profitability despite cyclical pressures.
  • Strong brand presence under Godrej group supports long-term stability.

🏭 Industry

  • Agriculture and FMCG sector supported by rising rural demand and food security initiatives.
  • Industry PE at 25.5 indicates moderate investor confidence.

🔎 Conclusion

GODREJAGRO is a diversified agri-business company with strong efficiency metrics and brand support.

Despite short-term earnings weakness and moderate debt, valuations remain reasonable compared to peers.

Best accumulated around ₹540–₹560 for investors with a 3–5 year horizon, while monitoring profit sustainability.

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