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Godrej Agrovet

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Godrej Agrovet

  • 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
  • 20 major factories
  • Two R&D centres

Godrej Agrovet is part of the 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 51.7 per cent of its revenues. It is one of the largest organised players in India’s compound animal feed market.

Consolidated Total Income of the company reached Rs 5,923.85 crore (US$ 847.60 million) in FY19 and Rs 5,367.2 crore (US$ 767.95 million) in 9MFY20.

Company Website: www.godrejagrovet.com

Godrej Agrovet – brighter farming

2018 Godrej Agrovet entered into the value-added products segment in dairy with the launch of ‘Jersey Thickshakes’ in the southern market.
2017 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

 

Updated: May, 2019

Agriculture and Allied Industries
Agri exports from India is likely to reach US$ 60 billion by 2022. In FY20 (till January 2020) agriculture exports were US$ 28.93 billion.