.png)
Key Facts
case study
-
A diversified agribusiness group, Godrej Agrovet Limited (GAVL) is primarily engaged in the production and sale of high-quality animal feed, innovative crop protection and agricultural inputs, palm oil and related products, poultry, processed foods, and dairy goods.
​
-
With yearly sales of more than a million tonnes of high-quality feed and cutting-edge nutrition products for cattle, poultry, aquaculture, and specialty feed, GAVL is present throughout India.
GROWTH
-
When compared to the same period in the previous financial year, Godrej Agrovet's consolidated profit increased by 120.59% to Rs. 139.81 crores during the quarter that ended in March 2022.
​​
-
The company's profit for the same time of the prior fiscal year was Rs 63.38 crore.
​​
-
The company reported a 20.59% increase in profit for the entire year, from Rs 347.57 crore in FY21 to Rs 419.15 crore.
​​
-
Compared to FY21, the company's revenue from operations increased by 32.90% to Rs 8,292.93 crore from Rs. 6,239.60 Cr.
INVESTMENTS
-
It is a publically listed company, with a market cap of Rs. 9850 Cr. as of 1st October, 2022.
​​
-
It raised a total of Rs. 1,157 Cr. through its Initial Public Offering back in October 2017
TECHNOLOGIES
-
To offer Indian farmers crop solutions, Gramophone and Godrej Agrovet Limited (GAVL) have collaborated.
​​
-
Gramophone has made a name for itself as a full-stack platform for farmers, offering individualized farm management at the plot and crop levels as well as day-to-day weather forecasts. Agrovet will be able to benefit from this.
​​
-
Godrej Agrovet and Farmonaut, an Indian start-up that provides satellite-based crop health monitoring, are working together to map over 15,000 farmer farms and collect pertinent farm-level data.
MARKETING STRATEGIES
-
The power of its marketing lies in its marketing mix.
​​
-
A robust, pan-India distribution of about 6,000 distributors across India ensures a wider reach
Other companies in Agriculture Industry
