Godrej Agrovet
India has captured nearly 50% of the world market for rice in FY22.
Godrej Agrovet is part of Godrej Group, one of the largest Indian conglomerates. The company has interests in diversified agriculture related businesses. It operates across five business verticals which include animal feed, crop protection, oil palm, dairy and poultry and processed foods. Animal feed is the largest business of the company, contributing over 49.4% of its revenues in FY 2021-22. It is one of the largest organised players in India’s compound animal feed market.
Revenue of the company reached Rs. 2,517.5 crore (US$ 315.62 million) in the first quarter of FY 2022-23.
- A diversified, R&D focused agri-business company
- Second largest player in India’s processed poultry segment
- One of the largest players in animal feed business in India
- 62 manufacturing plants
- Two R&D centres
Godrej Agrovet – brighter farming
| Year | Milestone |
|---|---|
| 2022 |
Godrej Agrovet Limited (GAVL) is planning to invest Rs. 500 crore (US$ 64.42 million) in FY 2022-23 as a part of their Capex plan. |
| 2021 |
In March 2021, Godrej Agrovet Limited (GAVL) collaborated with Gramophone, a farming platform that provides agronomic intelligence, to provide crop solutions to Indian farmers. |
| 2020 |
In December 2020, Godrej Agrovet secured 28,164 hectares of land in Telangana for cultivating oil palm. Godrej Agrovet launched a new plant nutrition product portfolio for plant stress management in partnership with Bioberca, a Spanish company. |
| 2018 |
Godrej Agrovet entered the value-added products segment in dairy with the launch of ‘Jersey Thickshakes’ in the southern market |
| 2017 |
Gross sales reached Rs 1,791 crore (US$ 277.89 million). Became a listed company through Initial Public Offering (IPO) |
| 2016 |
Sold entire stake in Polchem Hygiene Laboratories Pvt Ltd. |
| 2015 |
Acquired majority stake in Astec Lifesciences |
| 2012 |
Investment from V-Sciences |
| 2005 |
Acquired shrimp feed business from Higashimaru Feeds (India) Ltd. |
| 2004 |
Established a joint venture in Bangladesh named ACI Godrej Agrovet Pvt Ltd. |
| 1999 |
Acquired poultry business from IPF Breeders Pvt Ltd. |
| 1997 |
Acquired palm oil business from Godrej Soaps Ltd. |
| 1992 |
Acquired agrovet division of Godrej Soaps Ltd. |
| 1991 |
Incorporated in November |
Partners
