Adani Wilmar Ltd

Adani Wilmar Ltd

Fortune 500 2024
+ 3 More
+ 3 More
OVERVIEW
FINANCIALS
NEWS

About

Adani Wilmar is a joint venture between the Adani Group, a diversified multinational business group, and the Wilmar Group, an Asian agribusiness group. It primarily provides kitchen commodities under various brands globally. Adani Wilmar is present in the USA, the Middle East, Canada, Southeast Asian nations, and Africa. Its edible oil division, of which ‘Fortune Oil’ is the flagship brand, includes soybean, sunflower, rice bran, and mustard oil, among others. The company’s other major division, Food and FMCG, provides varieties of packaged staple foods like rice, besan, wheat flour, and pulses. Adani Wilmar offers industrial products like soap noodles, palmitic acid, and glycerin as well, thereby catering to the personal and home care, pharmaceuticals, and rubber industries. The company has 23 plants in India manufacturing the largest amount of castor oil, lauric fat, and oleochemicals in India.

Incorporation Year: 1999
Headquarters: Ahmedabad
Top Management: Angshu Mallick
Industry: Food & Agri Products

Featured In Fortune India Ranking

Fortune 500 India
#55(2024)
#47(2023)
#39(2022)
#124(2011)
#55(2024)#47(2023)#39(2022)#124(2011)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
51,531
(INR Cr)
Net Operating Income
51,262
(INR Cr)
Assets
11,536
(INR Cr)
Profit
148
(INR Cr)
Net Worth
8,316
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS202420232022202120202019201820172016201520142013201220102009
Revenue
(INR Cr)
51531
-11.0%
57910
3.3%
56084
47.1%
38140
30.2%
29297
1.4%
28884
8.1%
26724
14.2%
23403
27.7%
18328
21.9%
15036
-0.3%
15079
4.8%
14391
18.6%
12137
88.8%
6427
10.6%
5811
-
Net Operating Income
(INR Cr)
51262
-11.90%
58185
7.44%
54155
46.01%
37090
25.06%
29657
2.98%
28797
0.00%
26354
14.72%
22973
29.45%
17746
19.93%
14797
0.11%
14780
3.65%
14260
18.41%
12043
0.00%
6031
4.76%
5757
70.42%
Profit
(INR Cr)
148
-74.6%
582
-27.6%
804
10.3%
729
58.1%
461
22.7%
376
0.2%
375
63.2%
230
165.7%
86
54.0%
56
1220.7%
4
-94.4%
75
797.9%
8
-46.5%
16
-74.1%
61
-
Assets
(INR Cr)
11536
3.2%
11175
2.2%
10930
61.9%
6749
29.1%
5227
22.8%
4256
4.4%
4076
0.5%
4057
27.6%
3179
24.7%
2550
-9.4%
2813
-17.3%
3399
97.7%
1719
81.5%
947
26.0%
752
-
Net Worth
(INR Cr)
8316
1.8%
8166
7.4%
7606
130.6%
3299
28.3%
2571
21.8%
2111
0.0%
1655
29.3%
1280
22.2%
1048
17.4%
892
15.0%
776
0.6%
771
13.1%
682
0.0%
361
4.6%
345
90.5%
Employee Cost
(INR Cr)
421
6.8%
394
0.4%
392
21.9%
322
43.7%
224
8.2%
207
-19.0%
255
43.1%
178
18.3%
151
22.4%
123
38.8%
89
6.5%
83
31.7%
63
49.5%
42
36.1%
31
-
Interest Cost
(INR Cr)
74977554140756948729832831430734721718269102
Cash & Bank Balance
(INR Cr)
281037244494118814321215106089464255510011615734130180
Total Debt
(INR Cr)
2628239627013051230018292244262220071555194826041023514335

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS202420232022202120202019201820172016201520142013201220102009
Profit As % Of Revenues 0.3%1.0%1.4%1.9%1.6%1.3%1.4%1.0%0.5%0.4%0.0%0.5%0.1%0.2%1.0%
Profit As % Of Assets 1.3%5.2%7.4%10.8%8.8%8.8%9.2%5.7%2.7%2.2%0.2%2.2%0.5%1.7%8.1%
Profit As % Of Networth 1.8%7.1%10.6%22.1%17.9%17.8%22.7%17.9%8.3%6.3%0.6%9.8%1.2%4.4%17.6%
Interest Cost to EBITDA % 69.3%80.8%31.2%30.7%43.5%43.0%32.4%50.3%74.6%78.2%152.0%77.0%129.6%469.5%105.3%
Debt to Equity Ratio 0.320.290.360.920.890.871.362.051.921.742.513.381.501.420.97
RONW 2.2%7.0%14.2%22.2%17.2%16.8%25.5%19.7%10.0%8.0%0.6%10.4%1.2%4.5%23.0%
ROCE 9.2%14.2%18.1%19.4%24.9%24.8%21.3%18.7%14.6%15.6%11.4%13.3%11.4%10.9%32.9%