# AWL (AWL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/awl

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹186.99
- Change: +1.60%
- As of: 2026-09-18
- 1D return: +1.60%
- 5D return: +0.69%
- 1M return: -0.88%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading below key moving averages on the daily and weekly charts, indicating a bearish short-to-medium term technical stance. While the monthly timeframe shows the price above the Supertrend indicator, suggesting a potential longer-term bullish undertone, the daily and weekly trends are currently bearish, with the Supertrend pointing downwards on both.

Daily analysis reveals the price is below the 20-day Exponential Moving Average (EMA) of ₹188.32, the 50-day EMA of ₹189.96, and the 200-day Simple Moving Average (SMA) of ₹200.49. The ADX of 20.76 on the daily chart suggests a lack of strong trending momentum. On the weekly chart, the price is also below the 20-week EMA (₹191.83) and 50-week EMA (₹209.06), with a bearish Supertrend at ₹217.49.

Recent daily patterns include a Bullish Engulfing Reversal, Morning Star, and Inside Bar, which may suggest potential for a short-term bounce. However, these are occurring within a broader bearish trend on shorter timeframes. The stock is currently trading near its nearest support level of ₹184.77, approximately 1.18% below the current price of ₹186.98. The nearest resistance is at ₹187.02, just 0.02% above the current price.

The stock has experienced an upward gap anomaly on September 17, 2026, with high severity. Current volatility is indicated by an annualized volatility of 32% and an Average True Range (ATR) of 2.45%. The maximum drawdown observed is -48%, with a current drawdown of -43%.

- Current price on September 18, 2026: ₹186.98.
- Daily and weekly trends are bearish, with prices below key moving averages and Supertrend indicators.
- Nearest support level identified at ₹184.77 (1.18% below current price).
- Nearest resistance level identified at ₹187.02 (0.02% above current price).
- Active daily patterns include Bullish Engulfing Reversal, Morning Star, and Inside Bar.

- Hammer
- Harami
- Bullish Engulfing Reversal
- Morning Star
- Inside Bar
- Doji

### News Context

AWL Agri Business Limited (formerly Adani Wilmar Limited) announced on August 25, 2026, the launch of Fortune Yellow Mustard Oil, a new variant in its edible oil portfolio. This product, made from yellow mustard seeds and fortified with Omega-3 and Omega-6, is initially available in 1-litre PET packs in Delhi NCR, Punjab, and Haryana, targeting health-conscious consumers via retail and quick-commerce channels.

In other news, the company addressed a media report on August 8, 2026, concerning an FSSAI penalty order from Goa. AWL stated it had not yet received a certified copy of the order, which pertains to declared vitamin levels in a single sample of Fortune Fryola sunflower oil, not product safety. The company indicated this matter has no material impact on its financial position or operations and that it would pursue legal remedies.

AWL also informed exchanges about upcoming interactions with analysts and institutional investors. These included meetings on August 13-14, 2026, and a scheduled appearance at the Jefferies India Forum 2026 on September 17, 2026. The company confirmed that no price-sensitive information or forward-looking statements would be disclosed during these sessions.

- On August 25, 2026, AWL Agri Business launched Fortune Yellow Mustard Oil, expanding its product range with a health-focused variant.
- The company clarified on August 8, 2026, that an FSSAI penalty order related to a single sample of sunflower oil does not impact its financial position or operations.
- AWL Agri Business participated in analyst and investor meetings on August 13-14, 2026.
- The company is scheduled to engage with analysts and investors at the Jefferies India Forum 2026 on September 17, 2026, with no price-sensitive information to be disclosed.

- AWL Agri Business Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- AWL Agri Business Limited has informed the Exchange about ESG Ratings by NSE Sustainability Ratings and Analytics Limited |SUBJECT: General Updates
- AWL Agri Business Limited has informed the Exchange regarding a press release dated August 25, 2026, titled " Fortune expandsmustard oil portfolio with launch of Fortune Yellow Mustard Oil. ". |SUBJECT: Press Release
- AWL Agri Business Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- The Exchange has sought clarification from AWL Agri Business Limited with respect to recent news item captioned FSSAI imposes penalty, adjudication order on AWL Agri Business Ltd. The response from the Company is attached. |SUBJECT: News Verification

### What Changed

AWL Agri Business (AWL) on the NSE experienced a slight price increase to ₹186.98 as of September 18, 2026, up from ₹183.60 previously. The provided data does not indicate any new filings or news developments for the company. The technical trends, both daily and weekly, were not available for comparison.

- As of September 18, 2026, AWL Agri Business was trading at ₹186.98 on the NSE.
- The previous trading price for AWL Agri Business was ₹183.60.
- No new filings or news were reported for AWL Agri Business as of September 18, 2026.

### Official Filings

AWL Agri Business Limited (formerly Adani Wilmar Limited) has provided updates on several fronts. The company announced the appointment of Mr. Pankaj Goyal as Chief Financial Officer, effective July 31, 2026, succeeding his role as Interim CFO. This follows the Board of Directors' approval on July 30, 2026. In terms of financial performance, the company reported for Q1 FY27, with revenue growing 18% year-on-year to INR 20,048 crore and operating EBITDA increasing by 34% to INR 693 crore. The Food and FMCG segment showed strong growth, with revenue up 22% to INR 1,726 crore. Looking ahead, the company anticipates mid-teen revenue growth for Food and FMCG, and specific volume growth targets for Edible Oils (5%-6%) and Industry Essentials (8%-9%).

AWL Agri Business also launched a new product, Fortune Yellow Mustard Oil, on August 25, 2026, expanding its edible oil portfolio. This product is initially targeting consumers in Delhi NCR, Punjab, and Haryana. The company has also been engaging with investors and analysts, with scheduled meetings in August and September 2026. Notably, the company stated that no price-sensitive information or forward-looking statements would be disclosed during these interactions. Regarding a media report on an FSSAI penalty, AWL clarified on August 8, 2026, that it had not yet received a certified copy of the order, which related to declared vitamin levels in a single sample and was not expected to materially impact its financial position or operations. Furthermore, the company received a sustainability rating of '63' from NSE Sustainability Ratings and Analytics Ltd. based on FY2025-26 data.

- Mr. Pankaj Goyal appointed Chief Financial Officer, effective July 31, 2026.
- Q1 FY27 revenue grew 18% year-on-year to INR 20,048 crore; operating EBITDA up 34% to INR 693 crore.
- Launched Fortune Yellow Mustard Oil on August 25, 2026.
- Scheduled investor and analyst meetings in August and September 2026, with no price-sensitive information to be disclosed.
- Received a sustainability rating of '63' from NSE Sustainability Ratings and Analytics Ltd. for FY2025-26.

- AWL Agri Business Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- AWL Agri Business Limited has informed the Exchange about ESG Ratings by NSE Sustainability Ratings and Analytics Limited |SUBJECT: General Updates
- AWL Agri Business Limited has informed the Exchange regarding a press release dated August 25, 2026, titled " Fortune expandsmustard oil portfolio with launch of Fortune Yellow Mustard Oil. ". |SUBJECT: Press Release
- AWL Agri Business Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- The Exchange has sought clarification from AWL Agri Business Limited with respect to recent news item captioned FSSAI imposes penalty, adjudication order on AWL Agri Business Ltd. The response from the Company is attached. |SUBJECT: News Verification

### Fundamentals

AWL Agri Business reported a steady increase in its Profit Before Tax (PBT) across the observed periods. For Q1 FY2026-27, PBT stood at ₹458.89 crore, up from ₹380.09 crore in Q4 FY2025-26 and ₹363.43 crore in Q3 FY2025-26. This upward trend in PBT was mirrored in the Profit Before Exceptional Items And Tax, which also rose sequentially to ₹458.89 crore in Q1 FY2026-27. The company's tax expense followed a similar pattern, increasing to ₹127.09 crore in Q1 FY2026-27 from ₹110.80 crore in Q4 FY2025-26. Comprehensive income for the period also showed growth, reaching ₹349.13 crore in Q1 FY2026-27, compared to ₹287.98 crore in Q4 FY2025-26 and ₹268.21 crore in Q3 FY2025-26. The company's reported tax expense includes both current and deferred tax components, with current tax forming the larger portion.

- Profit Before Tax (PBT) increased sequentially from ₹363.43 crore in Q3 FY2025-26 to ₹380.09 crore in Q4 FY2025-26, and further to ₹458.89 crore in Q1 FY2026-27.
- Profit Before Exceptional Items And Tax also showed sequential growth, reported at ₹458.89 crore for Q1 FY2026-27.
- Comprehensive Income for the period grew from ₹268.21 crore in Q3 FY2025-26 to ₹349.13 crore in Q1 FY2026-27.
- Tax Expense increased to ₹127.09 crore in Q1 FY2026-27, comprising ₹120.16 crore of Current Tax and ₹6.93 crore of Deferred Tax.

### Bear Case

AWL Agri Business's technical indicators suggest a weakening trend. The daily SuperTrend is in a bearish direction, and the 20-day Exponential Moving Average (EMA) slope over 5 days is negative, indicating a downward price momentum. Furthermore, the company has experienced a significant decline over the past year, with a return of -28% and a year-to-date return of -22%. The current drawdown stands at -43%, with a maximum drawdown of -48%, highlighting substantial price erosion from recent peaks. The stock is trading below its 20-day Simple Moving Average (SMA) and its 50-day SMA, both of which have negative slopes, reinforcing the cautionary technical signals.

- The daily SuperTrend indicator is currently 'bearish' as of 2026-09-18.
- The stock's return over the past year was -28%, and the year-to-date return was -22%.
- The current drawdown is -43%, with a maximum drawdown recorded at -48%.
- The 20-day and 50-day SMAs are both below the current price and exhibit negative slopes.

### FAQs

**What is the company's recent ESG rating and how was it determined?**

On September 3, 2026, AWL Agri Business Ltd. announced that NSE Sustainability Ratings and Analytics Ltd. assigned the company a sustainability rating of '63'. This rating was based on the company's public data for the fiscal year 2025-26. The company noted that it did not engage the rating agency for this assessment.

**What is the company's response to the FSSAI penalty report?**

AWL Agri Business Ltd. clarified on August 8, 2026, that it had not yet received a certified copy of an adjudication order from the Ld. Adjudicating District Magistrate, Goa, related to a single sample of Fortune Fryola sunflower oil. The company stated the matter concerned declared levels of Vitamins A and D in that specific sample, not product safety. AWL indicated the article had no material impact on its financial position or business operations and that it would pursue legal remedies upon receiving the order.

**What new product has AWL Agri Business launched recently?**

On August 25, 2026, AWL Agri Business Ltd. launched Fortune Yellow Mustard Oil, a new variant in its edible oil portfolio. This product is made from yellow mustard seeds and is enriched with Omega-3 and Omega-6. It is initially available in 1-litre PET packs in Delhi NCR, Punjab, and Haryana through retail and quick-commerce channels, targeting health-conscious consumers.

**What is the company's recent stock performance and trend?**

As of September 18, 2026, AWL Agri Business Ltd. has experienced a one-year return of -28%. The stock has shown a negative daily trend, with its closing price of ₹186.98 below the 20-day Exponential Moving Average (EMA) of ₹188.32 and the 50-day EMA of ₹189.96. The SuperTrend indicator is also showing a bearish signal. However, the monthly trend, as indicated by the SuperTrend, is bullish.

- AWL Agri Business Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- AWL Agri Business Limited has informed the Exchange about ESG Ratings by NSE Sustainability Ratings and Analytics Limited |SUBJECT: General Updates
- AWL Agri Business Limited has informed the Exchange regarding a press release dated August 25, 2026, titled " Fortune expandsmustard oil portfolio with launch of Fortune Yellow Mustard Oil. ". |SUBJECT: Press Release
- AWL Agri Business Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- The Exchange has sought clarification from AWL Agri Business Limited with respect to recent news item captioned FSSAI imposes penalty, adjudication order on AWL Agri Business Ltd. The response from the Company is attached. |SUBJECT: News Verification
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹184.77
- Risk regime: Higher Price Risk

### Support levels
- 184.56
- 179.885
- 175.6

### Resistance levels
- 198.63468749999998
- 211.03
- 216.01

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.60% |
| return_10 | -2.00% |
| return_1m | -1.61% |
| return_1y | -27.97% |
| return_20 | -0.88% |
| return_3m | -2.83% |
| return_5 | +0.69% |
| return_6m | +5.48% |
| return_since_start | -43.12% |
| return_ytd | -21.91% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -47.87% |
| annualized_volatility | +31.71% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit rises 48% year-over-year as margins expand

In the first quarter of FY2026-27, AWL Agri Business reported a 48% year-over-year increase in profit before tax, while revenue grew 17.5%. This gap led to an expansion in profit margins. Even compared to the preceding quarter, profit rose despite a decline in revenue, indicating that earnings were less dependent on top-line growth.

## Revenue and profit growth

Revenue from operations for the quarter ended 30 June 2026 was ₹20,048.14 crore, up 17.5% from ₹17,058.65 crore in the same quarter last year. However, revenue fell 6.6% from the ₹21,464.78 crore reported in the immediately preceding quarter (Q4 FY2025-26).

Profit before tax (PBT) reached ₹458.89 crore, compared to ₹310.60 crore in Q1 FY2025-26 – an increase of 47.7%. Sequentially, PBT rose 20.7% from ₹380.09 crore in Q4 FY2025-26, even as revenue declined. This divergence indicates that the company’s earnings were less dependent on top-line growth in the current quarter.

In the current quarter, profit before tax was equal to profit before exceptional items, indicating no exceptional items were recorded. Therefore, the profit growth reflects underlying business performance.

## Margin improvement

The faster growth in profit relative to revenue led to an expansion in profitability ratios. The PBT margin (PBT divided by revenue) increased from 1.82% in Q1 FY2025-26 to 2.29% in the current quarter. Similarly, the net profit margin (profit after tax divided by revenue) rose from 1.40% to 1.75%.

This margin improvement is the central financial story of the quarter. It shows that the company converted a larger share of its revenue into profit compared to a year ago, even as the absolute revenue base grew.

## Tax and comprehensive income

Tax expense for the quarter was ₹127.09 crore, up 61.2% from ₹78.83 crore in the same period last year. The effective tax rate (tax expense divided by PBT) increased from 25.4% to 27.7%, which partially offset the profit growth. The increase in tax was driven entirely by current tax, which rose 84.3% year-over-year, while deferred tax fell by 49.1%.

Comprehensive income for the period was ₹349.13 crore, slightly below the net profit of ₹351.39 crore due to a negative other comprehensive income item of ₹2.26 crore (net of tax). This difference is small and does not alter the overall profit trend.

## Continuing operations versus total profit

Total profit for the period was ₹351.39 crore, while profit from continuing operations was ₹331.80 crore. The difference of ₹19.59 crore is consistent with a gap that has appeared in prior quarters (ranging from ₹6.18 crore to ₹23.77 crore over the last five quarters). The reported figures do not explain the source of this difference, but it is a recurring feature and not unique to the current quarter.

## Key Takeaway

AWL Agri Business reported a 48% year-over-year increase in profit before tax, driven by margin expansion. Profit margins improved as profit grew much faster than revenue. This margin improvement occurred even as revenue declined sequentially from the previous quarter, indicating that earnings strengthened independently of top-line momentum. The increase in the effective tax rate partially offset the profit growth but did not prevent a rise in net profit.

### Ratios

## Official filings

- 2026-09-11 — Generic Announcement: AWL Agri Business Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_11092026181655_SE_Investor_meet_inti.pdf)
- 2026-09-03 — Generic Announcement: AWL Agri Business Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_03092026111225_SE_Intimation_NSE_ESG_Rating_FY26.pdf)
- 2026-08-25 — Press Release: AWL Agri Business Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_25082026182314_SE_PR_25082026.pdf)
- 2026-08-11 — Generic Announcement: AWL Agri Business Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_11082026182353_SE_Investor_meet_inti.pdf)
- 2026-08-08 — Generic Announcement: AWL Agri Business Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_08082026125323_Response_to_SE_Aug_8_2026.pdf)
- 2026-08-04 — Generic Announcement: AWL Agri Business Limited (formerly Adani Wilmar Limited) hosted an earnings call for Q1 FY27, reporting an 18% year-on-year revenue growth to INR 20,048 crore, with operating EBITDA up 34% to INR 693 crore. The Food and FMCG segment revenue grew 22% to INR 1,726 crore, while Edible Oil saw a 2% volume growth and Industry Essentials reported 13% volume growth. The company anticipates mid-teen revenue growth for Food and FMCG, 5%-6% volume growth for Edible Oils, and 8%-9% volume growth for Industry Essentials in the upcoming periods. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_04082026151929_SE_Transcript.pdf)
- 2026-07-31 — Official Filing: AWL Agri Business Limited (formerly Adani Wilmar Ltd.) announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results on July 30, 2026. The results were published in the Indian Express and Financial Express on July 31, 2026, and are also available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_31072026152611_SE_Newsad.pdf)
- 2026-07-30 — Official Filing: AWL Agri Business Ltd. (formerly Adani Wilmar Ltd.) has made available the audio recording of an analysts/investors call held on July 30, 2026. The call pertained to the company's unaudited financial results for the quarter ended June 30, 2026, which were approved by the Board of Directors on the same date. The recording can be accessed via a provided weblink. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_30072026234324_SE_Earnings_call_link.pdf)
- 2026-07-30 — Official Filing: AWL AGRI BUSINESS LIMITED announced the appointment of Mr. Pankaj Goyal as Chief Financial Officer, effective July 31, 2026. Mr. Goyal, a Chartered Accountant with over 23 years of experience, has been with the company since 2019 and previously served as Interim Chief Financial Officer. This change in Key Managerial Personnel was an outcome of a board meeting held on July 30, 2026.
- 2026-07-30 — Official Filing: AWL Agri Business Limited announced on July 30, 2026, that its Board of Directors approved the appointment of Mr. Pankaj Goyal as Chief Financial Officer, effective July 31, 2026. Mr. Goyal, previously the Interim Chief Financial Officer, has over 23 years of experience in finance and has been with the company since 2019. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_30072026174805_Change_in_Mgt_Pankaj_Goyal.pdf)
- 2026-07-30 — Official Filing: AWL Agri Business Ltd. reported its unaudited financial results for the quarter ended June 30, 2026, with consolidated revenue from operations at ₹20,048 crore, an 18% year-over-year increase. The company's EBITDA was ₹693 crore, up 34% year-over-year. The Food & FMCG segment saw revenue growth of 22% YoY to ₹1,726 crore and EBITDA of ₹104 crore, a 9% YoY increase. The Edible Oil segment reported revenue of ₹15,465 crore (15% YoY growth) and EBITDA per ton of ₹5,030 (30% YoY growth). The Industry Essentials segment revenue grew 28% YoY to ₹2,857 crore, with EBITDA per ton at ₹4,349 (30% YoY growth). — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_30072026173534_SE_Investor_presentation.pdf)
- 2026-07-30 — Official Filing: AWL Agri Business Limited reported its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. Consolidated revenue grew 18% year-over-year to INR 20,048 Crore, with operating EBITDA up 34% year-over-year to INR 693 Crore and profit after tax up 48% year-over-year to INR 351 Crore. The Food & FMCG segment revenue grew 22% year-over-year to INR 1,726 Crore, and Alternate Channels grew 27% year-over-year. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_30072026173420_Press_Release_Q1.pdf)
- 2026-07-30 — Official Filing: AWL Agri Business Limited (formerly Adani Wilmar Ltd.) announced the outcome of its Board Meeting held on July 30, 2026, approving and taking on record the unaudited financial results for the quarter ended June 30, 2026. The company's consolidated revenue from operations for the quarter was ₹20,048.14 Crores, with a profit before tax of ₹403.86 Crores. Standalone revenue from operations was ₹19,170.30 Crores, with a profit before tax of ₹446.13 Crores. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_30072026171743_BM_Outcome.pdf)
- 2026-07-23 — Generic Announcement: AWL Agri Business Limited (formerly Adani Wilmar Ltd.) will host an Earnings Conference Call on July 30, 2026, at 6:00 PM IST to discuss financial and operational performance for the quarter ended June 30, 2026. Key management personnel, including the Executive Deputy Chairman and CEO, will participate. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_23072026113551_SE_Earnings_call_inti.pdf)
- 2026-07-17 — Official Filing: AWL AGRI BUSINESS LIMITED will hold a board meeting on July 30, 2026, to consider unaudited standalone and consolidated financial results for the quarter ended June 2026. The trading window for the company's securities will be closed from July 1, 2026, to August 2, 2026.
- 2026-07-17 — Official Filing: AWL Agri Business Limited (formerly Adani Wilmar Limited) relaunched its Alife bathing soap portfolio on July 15, 2026, introducing four new variants with upgraded formulations, contemporary packaging, and skincare-inspired ingredients. The relaunch, under the new brand promise 'Khubsurati Kuchh Khaas', aims to enhance the everyday bathing experience and was launched at the company's Mundra manufacturing facility. This initiative is part of AWL's expansion into the Home & Personal Care segment. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_17072026131338_SE_Alife_PR.pdf)
- 2026-07-16 — Generic Announcement: AWL Agri Business Ltd. announced the resignation of Mr. Suchandan Chowdhury, Associate Vice President (Sales & Marketing- Foods & FMCG), a Senior Management Personnel. His resignation is effective July 15, 2026, to pursue external career opportunities. The company is formerly known as Adani Wilmar Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_16072026123827_Suchandan_Resignation.pdf)
- 2026-07-14 — Generic Announcement: AWL Agri Business Limited (formerly Adani Wilmar Limited) received an ESG rating of '57' from ESG Risk Assessments and Insights Limited. The rating agency independently prepared the report based on publicly available data for FY2025-26, and the company did not engage their services. This rating reflects the company's performance on Environmental, Social, and Governance parameters. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_14072026182201_SE_ESG_Rating_14072026.pdf)
- 2026-07-09 — Official Filing: AWL Agri Business Limited is expanding its regenerative mustard program for the 2026-27 crop cycle, following demonstration farms in Rajasthan, Madhya Pradesh, and Haryana that showed up to a 30% increase in mustard yields during the 2025-26 Rabi season. The expansion includes over 400 groundnut and soybean model farms and more than 3,000 regenerative mustard model farms across these three states. This initiative, supported by partners including Bunge India and Godrej Agrovet, aims to improve domestic oilseed productivity and farmer incomes, aligning with the Indian government's goal of edible oil self-reliance. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_09072026181523_SE_Press_Release.pdf)
- 2026-07-08 — Official Filing: AWL Agri Business Limited (formerly Adani Wilmar Ltd.) held its 28th Annual General Meeting on July 7, 2026, where shareholders voted on nine resolutions. The resolutions included adopting audited financial statements for the year ended March 31, 2026, declaring a final dividend of Re. 1 per equity share, appointing directors, approving related party transactions for FY 2026-27, and ratifying auditor remuneration. All resolutions passed with a significant majority of votes in favor. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_08072026172935_SE_Scru_Report.pdf)
- 2026-07-07 — Official Filing: AWL Agri Business Limited (formerly Adani Wilmar Limited) held its 28th Annual General Meeting on July 7, 2026, via video conference. The meeting included ordinary and special businesses, such as adopting financial statements for the year ended March 31, 2026, declaring a final dividend of Rs. 1 per equity share, and re-appointing directors. Voting results and the scrutinizer's report will be submitted within two working days. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_07072026160442_SE_AGM_Proceedings.pdf)
- 2026-07-07 — Official Filing: AWL Agri Business Limited (formerly Adani Wilmar Limited) held its 28th Annual General Meeting on July 7, 2026, via video conference. Key agenda items included the adoption of audited financial statements for the year ended March 31, 2026, declaration of a final dividend of Rs. 1 per equity share, re-appointment of directors Angshu Mallick and Ravindra Kumar Singh, approval of material related party transactions with Wilmar Trading Pte. Ltd., and ratification of remuneration for cost auditors and non-executive independent directors. Voting results are expected within two working days. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_07072026164307_SE_AGM_Proceedings.pdf)
- 2026-07-07 — Official Filing: AWL Agri Business Limited (formerly Adani Wilmar Ltd.) submitted a confirmation certificate for the quarter ended June 30, 2026, as required by SEBI regulations. The certificate, provided by Registrar and Share Transfer Agent MUFG Intime India Private Limited, confirms that securities received for dematerialization were processed and updated in the register of members within the stipulated timelines. — [Official attachment](https://nsearchives.nseindia.com/corporate/AWL_07072026160540_SE_Reg_74.pdf)
- 2026-07-03 — Official Filing: AWL Agri Business Limited (formerly Adani Wilmar Ltd.) reported quarterly updates for Q1 FY2026-27, highlighting a mid-single digit volume growth. The Food & FMCG portfolio achieved over 20% YoY revenue growth with 17%+ volume growth, driven by rice and other food categories. The Edible Oil business saw 13% YoY revenue growth with flat volumes, while Industry Essentials reported 14% YoY volume growth and 30% YoY revenue growth. Alternate Channels grew 27% YoY, reaching approximately ₹5,600 crore in revenue on a TTM basis. The company also expanded its direct retail reach to 9.7 lakh outlets.

## News and market events

- 2026-09-01 — The Hindu: **Delhi High Court seeks Centre, FSSAI’s response to plea against ‘ban’ on Fortune soyabean refined oil** — Delhi High Court requests Centre and FSSAI's response on petition challenging ban of Fortune soybean oil over labelling claims. — [Source](https://www.thehindu.com/news/cities/delhi/delhi-high-court-seeks-centre-fssais-response-to-plea-against-ban-on-fortune-soyabean-refined-oil/article71415346.ece)
- 2026-08-25 — Orissa POST: **Delhi HC asks FSSAI not to cancel ITC's licence over '100 per cent' claims - OrissaPOST** — New Delhi: The Delhi High Court Tuesday asked the FSSAI not to cancel for the time being ITC Ltd’s licence over failure to comply with directives asking the conglomerate to remove all “100 per cent” claims in relation to its product, ‘Aashirvaad M.P Chakki Atta’. Justice Swarana Kanta Sharma granted interim protection to ITC on […] — [Source](https://www.orissapost.com/delhi-hc-asks-fssai-not-to-cancel-itcs-licence-over-100-per-cent-claims)
- 2026-08-25 — The Hindu: **Delhi HC asks FSSAI not to cancel ITC's licence over ‘100%’ claims** — Delhi HC grants ITC interim protection against FSSAI's license cancellation over disputed '100%' claims on product labeling. — [Source](https://www.thehindu.com/news/national/delhi-hc-asks-fssai-not-to-cancel-itcs-licence-over-100-claims/article71388350.ece)
- 2026-08-24 — CNBC-TV18: **LT Foods hit a 52-week high with extraordinary volumes** — LT Foods shares hit a one-year high of ₹487, up 13% by midday on August 24. The rally coincides with gains in other basmati stocks too. — [Source](https://www.cnbctv18.com/market/stocks/lt-foods-hit-a-52-week-high-with-85-times-avg-volume-19975530.htm)
- 2026-08-07 — MONEYCONTROL: **FSSAI penalises Fortune oil maker AWL after sunflower oil sample fails Vitamin D test** — FSSAI penalty AWL Agri Business, Fortune Fryola sunflower oil, Fortune oil lab test, AWL Agri Business penalty, substandard edible oil India, FSSAI fortified edible oil, Vitamin D in cooking oil, Fortune sunflower oil news, FSSAI food safety action, edible oil fortification standards — [Source](https://www.moneycontrol.com/news/business/fssai-penalises-fortune-oil-maker-awl-after-sunflower-oil-sample-fails-vitamin-d-test-13997801.html)
- 2026-08-07 — The Hindu: **Sensex today | Stock Market Live: Sensex down 400 pts, Nifty slips to 24,560; Siemens Energy soars 13%, Bajaj Finance tanks 5.5%** — Sensex, Nifty, Share Prices Live: Markets remained under pressure through mid-session on Friday. Both indices opened gap-down and have struggled to recover, with selling pressure concentrated in financial stocks even as information technology continued to provide support. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-7th-august-2026/article71314561.ece)
- 2026-08-07 — Orissa POST: **FSSAI cracks down on substandard Fortune sunflower oil - OrissaPOST** — New Delhi: Food regulator FSSAI has imposed a penalty on edible oil major AWL Agri Business Ltd for manufacturing and selling substandard fortified sunflower cooking oil. Ahmedabad-based AWL Agri Business Ltd sells edible oils under the ‘Fortune’ brand. Also Read TN CM Vijay-led meeting of MPs resolves to oppose in toto Centre’s proposed delimitation exercise […] — [Source](https://www.orissapost.com/fssai-cracks-down-on-substandard-fortune-sunflower-oil)
- 2026-08-07 — The Hindu: **FSSAI imposes penalty order on AWL Agri Business** — Regulator also directs PIE Foods to halt sale of monk fruit sweeteners over licensing, labelling violations — [Source](https://www.thehindubusinessline.com/companies/fssai-imposes-penalty-adjudication-order-on-awl-agri-business-ltd/article71316438.ece)
- 2026-08-07 — Economic Times: **Stocks in news: LIC, Trent, AWL Agri Business, SBI, Titan** — Indian markets experienced a quiet day of trading on weekly expiry, influenced by varying signals. LIC announced a remarkable 23% increase in its net profit year-on-year, while Trent reported a solid 21% growth in consolidated net profit. PNB Housing is optimistic about its micro-housing loan business aiming for Rs 100 crore. Additionally, Dabur has taken legal action against FSSAI's directive concerning its product claims in the Delhi High Court. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-lic-trent-awl-agri-business-sbi-titan/articleshow/133018256.cms)
- 2026-08-03 — The Hindu: **Stock Market Today Live, Aug 3: Nifty 50, Sensex outlook: RBI policy, Q1 earnings and global cues to steer markets this week** — Sensex Today, Nifty 50 | Stock Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 3 August 2026 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-3rd-august-2026/article71298312.ece)
- 2026-07-31 — CNBC-TV18: **Q1 Results LIVE Updates: Taj GVK revenue up 55%; ESAF SFB shares rise 7%** — Q1 Results LIVE Updates: Four Nifty companies, ITC, Maruti Suzuki, Sun Pharma and Bajaj Finserv report results today to round off this week dominated by earnings. Broader market names like Dixon Tech, Indian Oil, Glenmark Pharma, GMDC, ABB India, SJVN, GAIL and NALCO among many others will also be reporting their results. The big result reactions of the day include the likes of Swiggy, Mazagon Dock, Thermax, Bajaj Finance's earnings call and upgrades among others. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-sun-pharma-itc-maruti-suzuki-bajaj-finserv-tata-steel-swiggy-share-price-liveblog-19958383.htm)
- 2026-07-31 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty IT falls over 600 pts; TCS, Infosys down 2% each** — Sensex Today | Stock Market Live Updates: The Indian markets are trading on a cautious note. The Nifty is looking to close the week in green, and is trading around 24,300. The Nifty Bank is trying to hold it together, now up around 100 points, moving around 57,250. TCS, Infosys and Wipro are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-it-infosys-banks-tata-steel-swiggy-sun-pharma-mdl-bajaj-fin-share-price-liveblog-19958369.htm)
- 2026-07-30 — CNBC-TV18: **AWL Agri Business Q1 profit jumps 48% as margins improve, FMCG business shines** — AWL Agri Business reported a strong June quarter, with net profit rising 48% on the back of higher revenue and a sharp improvement in operating margins. The company also saw healthy growth across its Food & FMCG business, quick commerce, HoReCa and exports, while maintaining profitability in its core edible oils business. — [Source](https://www.cnbctv18.com/market/earnings/awl-agri-business-q1-profit-jumps-48-as-margins-improve-fmcg-business-shines-19958130.htm)
- 2026-07-30 — CNBC-TV18: **Q1 Results LIVE Updates: AWL Agri Business profit up 48%, Chambal Fertilisers margins expand** — Q1 Results LIVE Updates: Bajaj Finance, M&M and Tata Steel are the three Nifty results for the day, along with broader market names like Hyundai Motor, Vedanta, Vedanta Aluminium, Swiggy, Mazagon Dock, Torrent Pharma, Thermax and many others. Eicher Motors, Dabur, three Vedanta demerged units, Bajaj Housing, Hexaware and many more also react to numbers. Watch this space for all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-bajaj-finance-mm-tata-steel-eicher-dabur-mazagon-dock-swiggy-syngene-irfc-vedanta-aluminium-mtar-hyundai-lic-liveblog-19957385.htm)
- 2026-07-21 — Economic Times: **Qcomm leverages cart clout to draw higher margins from cos** — Quick commerce platforms are increasing demands for higher margins and marketing funds. Consumer goods companies face rising costs for better product visibility and keyword searches. These platforms are now adopting auction-style bidding for marketing activities. This shift pressures companies to invest more for prominent placement and sales. Reliance Retail is renegotiating terms by combining grocery stores and its quick commerce platform. — [Source](https://economictimes.indiatimes.com/industry/services/retail/qcomm-leverages-cart-clout-to-draw-higher-margins-from-cos/articleshow/132523471.cms)

## Business profile

**Strategic vision:** Agri business company operating in India.

### Business segments
- **Agri Business:** Operates in the agri business sector.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/awl
Markdown representation: https://faxioms.com/stocks/awl?render=md