AWL Agri Business Ltd.
NSE: AWLAWL Agri Business Ltd.: A 30-second snapshot
AWL Agri Business (FMCG) trades at ₹199.73, down 24.09% over 12 months and 30.16% off its 52-week high, with the price currently above the 50-DMA (₹187.91) but 13.9% below the 200-DMA (₹231.89). A PE of 24.81 (forward 19.59) sits at the lower end of FMCG peers, while a D/E of 10.62 stands in sharp contrast to the sector norm. Revenue has compounded at 18% over 5 years, but a net profit margin of 1.39% and ROE of 10.52% reflect the leverage-heavy capital structure.
P/E
24.8
Forward P/E
19.6
ROE
+10.5%
Debt / Equity
10.62
Profit Margin
+1.4%
Div. Yield
+0.5%
5Y ROE > 15%
0/5
5Y FCF > 0
2/5
Quality
44/100
News
8 headlines · 2 positive · 4 negative
Q4 Results 28th Apr Highlights: AWL Agri, Eternal and Leela Palaces post Q4 profit rise; Maruti Suzuki, REC, Dalmia Bharat see decline - BusinessLine
BusinessLine
AWL Agri Business flags 20% rise in oil-linked costs amid Middle East conflict - The Economic Times
The Economic Times
AWL Agri Business - Midcap Meltdown: 12 stocks slide up to 50% from 52-week highs, FIIs cut stakes - The Economic Times
The Economic Times
AWL Agri Business shares: Nuvama maintains 'Buy' but trims target price; here's why - Business Today
Business Today
AWL Agri Business Slides Despite Strong Q4 Results; Shares Fall - HDFC Sky
HDFC Sky
Recent context
- ·Q4 FY26 results (released 28 April 2026) showed a profit rise; shares fell on the day despite the positive result, per HDFC Sky coverage, reflecting a disconnect between reported earnings and market reaction.
- ·AWL Agri flagged a 20% increase in oil-linked input costs tied to the Middle East conflict (Economic Times, 29 April 2026), creating direct margin pressure on the 1.39% net profit margin.
- ·Nuvama maintained its rating on the stock but trimmed its target price (Business Today, 30 April 2026) — and the stock appeared in a midcap meltdown list of 12 stocks down 50%+ from 52-week highs, with FIIs noted as having cut stakes (Economic Times, 22 April 2026).
Strengths
- +5-year revenue CAGR of 18% and earnings CAGR of 53.7% demonstrate strong top-line momentum for an agri-FMCG business of this scale.
- +PE of 24.81 (forward 19.59) ranks 2nd lowest among 6 FMCG peers tracked, with NESTLEIND (78.73) and TATACONSUM (79.36) trading at multiples 3x higher.
- +Price is above the 50-DMA (₹187.91), and RSI of 52.8 is in neutral territory, with the most recent support levels at ₹175.60 and ₹171.19 identified below current price.
- +Q4 FY26 results showed a profit rise, with the 5-year earnings CAGR of 53.7% indicating consistent improvement in absolute profit even from a low base.
Weaknesses
- −D/E of 10.62 is the most acute structural risk — FMCG businesses typically operate below 1.0, and this leverage is extreme regardless of sector classification. FCF was positive in only 2 of the tracked years, compounding the debt-service concern.
- −ROE of 10.52% has never cleared 15% in any tracked year, ranking 4th of 6 peers. NESTLEIND (76.34%), BRITANNIA (53.31%), and HINDUNILVR (21.6%) all generate materially higher returns on equity.
- −Net profit margin of 1.39% is thin for a consumer staples business; AWL Agri itself flagged a 20% rise in oil-linked costs in April 2026, which directly pressures this margin.
- −Price is 30.16% below the 52-week high and 13.9% below the 200-DMA of ₹231.89, with the stock ranked last among peers on 1-year price change; FII stakes have reportedly been cut per recent coverage.
Open questions
- ?Does the extreme D/E of 10.62 reflect structural financing of working capital (common in edible-oil distribution) or balance-sheet risk that peers have managed to avoid?
- ?If oil-linked input costs remain elevated through FY27, how much further margin compression does the 1.39% net profit margin have before operating profit turns negative?
- ?The 5-year earnings CAGR of 53.7% is high, but ROE has never exceeded 15% — does this suggest the growth is primarily funded by debt rather than compounding on equity, and if so, when might that dynamic shift?
- ?At ₹199.73 with resistance at ₹211–₹220 and a 200-DMA at ₹231.89, what operating or balance-sheet milestones would a long-term investor monitor to assess whether the valuation gap versus peers (PE 24.81 vs sector leaders at 50–79) is structural or cyclical?
Peer comparison: FMCG
Ranks 3 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| AWL | AWL Agri Business Ltd.You're viewing | 24.8 | +10.5% | 53 |
| Industry avg | across 5 peers | 55.7 | +39.5% | 52 |
| NESTLEIND | Nestle India Ltd. | 78.7 | +76.3% | 61 |
| HINDUNILVR | Hindustan Unilever Ltd. | 50.2 | +21.6% | 58 |
| BRITANNIA | Britannia Industries Ltd. | 51.3 | +53.3% | 50 |
| TATACONSUM | Tata Consumer Products Ltd. | 79.4 | +6.9% | 45 |
| ITC | ITC Ltd. | 19.0 | — | 44 |
Technical state
Current price
₹199.73
SMA 50
₹187.91
SMA 200
₹231.89
RSI (14)
52.8 (neutral)
From 52w high
-30.2%
1Y return
-24.1%
3M return
-4.7%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highD/E of 10.62 is extreme for an FMCG company; sector peers HINDUNILVR, BRITANNIA, and NESTLEIND typically operate well below 1.0. At this leverage, any deterioration in operating cash flows could impair debt-service capacity.
- highFCF was positive in only 2 of the tracked years, alongside a D/E of 10.62. Persistent cash-flow constraints at this leverage level represent a material solvency concern.
- mediumROE of 10.52% has never exceeded 15% in any tracked year (roeYearsAbove15 = 0), ranking 4th of 6 FMCG peers. NESTLEIND posts 76.34% and BRITANNIA 53.31%, highlighting the gap in capital efficiency.
- mediumNet profit margin of 1.39% provides a narrow buffer against input cost shocks. AWL Agri flagged a 20% rise in oil-linked costs amid Middle East conflict in April 2026, directly compressing this already thin margin.
- mediumCurrent price of ₹199.73 is 13.9% below the 200-DMA of ₹231.89, and the stock is down 24.09% over 12 months and 30.16% from its 52-week high. Below-200-DMA conditions have persisted through the measurement period.
- lowNews corpus totals 8 articles, limiting sentiment signal reliability. Negative sentiment (4 of 8) is notable but based on a small sample.
Cross-section contradictions
- Q4 FY26 profit reportedly rose YoY (per headlines), yet the stock is down 24.09% over 12 months and 30.16% off its 52-week high — the market appears to be weighting structural concerns (extreme leverage, thin margins, sub-15% ROE) against the near-term earnings improvement.
- 5-year earnings CAGR of 53.7% contrasts sharply with ROE that has never exceeded 15% in any tracked year, suggesting growth may be driven by balance-sheet expansion rather than compounding returns on equity.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days