Godrej Agrovet ~ Animal Feed, Crop Protection, Palm Oil, Dairy & Processed Foods

My Notes About Godrej Agrovet

Agri Sector
– Provides livelihood for ~55% of India’s population. This number has been de-growing and is expected to further reduce over the longer period.
– From FY16 to FY22, agri exports grew at a CAGR of ~7.5% (from ~$32B to ~$50B)
– Detailed report on agri sector – here
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Overview of Godrej Group and Agrovet

• Over a 100 year old group (estd. in 1897)
• Godrej Agrovet is a subsidiary of Godrej Industries
  
• Journey of Godrej Agro
  
• Last 10 Years Revenue CAGR: 13%
• Largest feed and crude palm oil produced in India
  
• Godrej Agrovet Subsidiaries
  

• Company also has a couple of Joint Ventures and some investments in UAE. One of the JV is in Bangaldesh (agrochem) and another is a VC firm that invests in agri-startups.
• Has some investment in UAE but I have never been interested in their UAE investment so I’ll skip it.

{I’ll add more later. I wish there was a save option}

Disclaimer: Invested (PF sizing here). I may increase or decrease my investment at any time without informing anyone so please do your own research.