AWL Agri pivots to packaged foods to escape edible oil margin swings
Fortune-maker AWL Agri is accelerating its shift into rice, pulses, sauces and soaps, targeting 30% revenue from food/FMCG in 2-3 years versus 8.8% today. Plans Rs 10,000 crore food revenue by 2027 via acquisitions and quick commerce, leveraging 2.6 million outlets.
AWL Agri, maker of Fortune oils, is pivoting toward packaged food and FMCG (rice, pulses, sauces, soaps) to hedge against volatile edible oil margins, targeting 30% revenue from food within 2-3 years via acquisitions and quick commerce.
Why this matters
Builds on AWL Agri's recent Shree Renuka licensing pact for Madhur sugar and aligns with Jefferies' Buy thesis on the foods pivot, despite a target cut to Rs 260.
Retail-company signals steady at 1,594 over 90 days, reflecting sustained category diversification activity.
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