Integrated Filing — IndAS

General information about company
Scrip Code	540743
NSE Symbol	GODREJAGRO
MSEI Symbol	NOTLISTED
ISIN	INE850D01014
Name of company	Godrej Agrovet Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	30-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	24-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	30-Apr-2025   15:30:00
End date and time of board meeting	30-Apr-2025   17:08:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	21336400000	93827700000
	Other income	129500000	434900000
	Total income	21465900000	94262600000
2	Expenses
(a)	Cost of materials consumed	16006300000	67376000000
(b)	Purchases of stock-in-trade	307200000	1912000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-493700000	174300000
(d)	Employee benefit expense	1305900000	5346800000
(e)	Finance costs	289400000	1333500000
(f)	Depreciation, depletion and amortisation expense	564500000	2261000000
(f)	Other Expenses
1	Other expenses (Refer Note 7)	2743900000	10856700000
	Total other expenses	2743900000	10856700000
	Total expenses	20723500000	89260300000
3	Total profit before exceptional items and tax	742400000	5002300000
4	Exceptional items	0	0
5	Total profit before tax	742400000	5002300000
6	Tax expense
7	Current tax	165300000	1490000000
8	Deferred tax	39100000	14300000
9	Total tax expenses	204400000	1504300000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	538000000	3498000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	123000000	535700000
16	Total profit (loss) for period	661000000	4033700000
17	Other comprehensive income net of taxes	-93000000	-43200000
18	Total Comprehensive Income for the period	568000000	3990500000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	707800000	4297200000
	Total profit or loss, attributable to non-controlling interests	-46800000	-46800000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-92400000	-42200000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-600000	-1000000
21	Details of equity share capital
	Paid-up equity share capital	1922700000	1922700000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		21886300000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.68	22.35
	Diluted earnings (loss) per share from continuing operations	3.68	22.34
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.68	22.35
	Diluted earnings (loss) per share from continuing and discontinued operations	3.68	22.34
24	Debt equity ratio	0.0049	0.0049
25	Debt service coverage ratio	0.0284	0.0321
26	Interest service coverage ratio	0.0357	0.0475
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	24997500000
	Capital work-in-progress	399300000
	Investment property	0
	Goodwill	2648800000
	Other intangible assets	677900000
	Intangible assets under development	239900000
	Biological assets other than bearer plants	792200000
	Investments accounted for using equity method	1221300000
	Non-current financial assets
	Non-current investments	165000000
	Trade receivables, non-current	0
	Loans, non-current	314700000
	Other non-current financial assets	411600000
	Total non-current financial assets	891300000
	Deferred tax assets (net)	105000000
	Other non-current assets	1251900000
	Total non-current assets	33225100000
2	Current assets
	Inventories	12587200000
	Current financial asset
	Current investments	0
	Trade receivables, current	5720800000
	Cash and cash equivalents	367300000
	Bank balance other than cash and cash equivalents	26000000
	Loans, current	241000000
	Other current financial assets	363400000
	Total current financial assets	6718500000
	Current tax assets (net)	0
	Other current assets	2560000000
	Total current assets	21865700000
3	Non-current assets classified as held for sale	69100000
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	55159900000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1922700000
	Other equity	21886300000
	Total equity attributable to owners of parent	23809000000
	Non controlling interest	2216100000
	Total equity	26025100000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	4555900000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	897300000
	Total non-current financial liabilities	5453200000
	Provisions, non-current	87700000
	Deferred tax liabilities (net)	1433100000
	Deferred government grants, Non-current	0
	Other non-current liabilities	136500000
	Total non-current liabilities	7110500000
	Current liabilities
	Current financial liabilities
	Borrowings, current	8254800000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	431700000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	8422900000
	Total Trade payable	8854600000
	Other current financial liabilities	2631700000
	Total current financial liabilities	19741100000
	Other current liabilities	1644200000
	Provisions, current	332900000
	Current tax liabilities (Net)	306100000
	Deferred government grants, Current	0
	Total current liabilities	22024300000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	29134800000
	Total equity and liabilites	55159900000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Animal Feed	11462700000	47812000000
2	Vegetable Oil	2439300000	14327900000
3	Crop Protection Business	2708100000	11254600000
4	Dairy	3841700000	15852300000
5	Poultry and Processed Food	1787700000	8258100000
6	Others	283200000	1065300000
	Total Segment Revenue	22522700000	98570200000
	Less: Inter segment revenue	1186300000	1186300000
	Revenue from operations	21336400000	93827700000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Animal Feed	654400000	2911100000
2	Vegetable Oil	183600000	2314500000
3	Crop Protection Business	456800000	1994300000
4	Dairy	66100000	428300000
5	Poultry and Processed Food	40700000	303500000
6	Others	10100000	-76400000
	Total Profit before tax	1411700000	7875300000
	i. Finance cost	254800000	254800000
	ii. Other Unallocable Expenditure net off Unallocable income	414500000	414500000
	Profit before tax	742400000	5002300000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Animal Feed	16164300000	16164300000
2	Vegetable Oil	5874800000	5874800000
3	Crop Protection Business	16186400000	16186400000
4	Dairy	7880600000	7880600000
5	Poultry and Processed Food	4927900000	4927900000
6	Others	1282600000	1282600000
	Total Segment Asset	52316600000	52316600000
	Un-allocable Assets	2843300000	2843300000
	Net Segment Asset	55159900000	55159900000
4	Segment Liabilities
	Segment Liabilities
1	Animal Feed	6482300000	6482300000
2	Vegetable Oil	955900000	955900000
3	Crop Protection Business	9809000000	9809000000
4	Dairy	3585600000	3585600000
5	Poultry and Processed Food	1810000000	1810000000
6	Others	478400000	478400000
	Total Segment Liabilities	23121200000	23121200000
	Un-allocable Liabilities	6013600000	6013600000
	Net Segment Liabilities	29134800000	29134800000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of defined benefit liability	-23900000	-25600000
2	Fair value changes on equity investments through OCI	-43000000	37700000
3	Share of OCI in associates and joint ventures (net of tax)	800000	400000
	Total Amount of items that will not be reclassified to profit and loss	-66100000	12500000
2	Income tax relating to items that will not be reclassified to profit or loss	-16600000	2300000
3	Amount of items that will be reclassified to profit and loss
1	Foreign operations – foreign currency translation differences	-43500000	-53400000
	Total Amount of items that will be reclassified to profit and loss	-43500000	-53400000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-93000000	-43200000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			5002300000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1333500000
	Adjustments for decrease (increase) in inventories			1195000000
	Adjustments for decrease (increase) in trade receivables, current			-632100000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-469900000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			148800000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			2631400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			-101200000
	Adjustments for depreciation and amortisation expense			2261000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			-4700000
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			-198600000
	Adjustments for unrealised foreign exchange losses gains			37100000
	Adjustments for dividend income			6000000
	Adjustments for interest income			131700000
	Adjustments for share-based payments			21900000
	Adjustments for fair value losses (gains)			14100000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			57900000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			6156500000
	Net cash flows from (used in) operations			11158800000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1465400000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			9693400000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			232100000
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			2246700000
	Proceeds from sales of investment property			130400000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			333000000
	Cash receipts from repayment of advances and loans made to other parties			593600000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			673700000
	Interest received			129500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			5100000
	Net cash flows from (used in) investing activities	-815300000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			5276500000
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			600000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			83003800000
	Repayments of borrowings			83278000000
	Payments of lease liabilities			316900000
	Dividends paid			1922700000
	Interest paid			1218700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-9008400000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-130300000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-130300000
	Cash and cash equivalents cash flow statement at beginning of period			497600000
	Cash and cash equivalents cash flow statement at end of period			367300000