AWL Agri Business Limited (formerly known as Adani Wilmar Limited) — Quarter and year ended March 31, 2026
This document contains auditor reports and multiple consolidated/standalone financial statements. The extracted financial tables are below.
| Sr. No. | Particulars | Quarter Ended March 31, 2026 (Audited) Refer Note 13 | Quarter Ended December 31, 2025 (Unaudited) | Quarter Ended March 31, 2025 (Audited) Refer Note 13 | Year Ended March 31, 2026 (Audited) | Year Ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| a) Revenue from Operations | 21,464.78 | 18,602.67 | 18,229.59 | 74,730.67 | 63,672.24 | |
| b) Other Income (Refer Note 6) | 158.52 | 132.15 | 62.04 | 417.80 | 238.04 | |
| Total Income | 21,623.30 | 18,734.82 | 18,291.63 | 75,148.47 | 63,910.28 | |
| 2 | Expenses | |||||
| a) Cost of Materials Consumed | 18,406.69 | 15,587.55 | 15,609.84 | 64,185.48 | 53,614.40 | |
| b) Purchases of Stock-in-trade | 725.31 | 587.15 | 729.61 | 2,988.62 | 3,366.01 | |
| c) Changes in Inventories of Finished Goods and By-products | 97.16 | 493.79 | 134.87 | (266.26) | (843.00) | |
| d) Employee Benefits Expense (Refer Note 7) | 214.93 | 163.52 | 145.56 | 676.02 | 566.03 | |
| e) Finance Costs | 174.28 | 184.73 | 178.15 | 706.91 | 724.06 | |
| f) Depreciation and Amortisation Expense | 127.89 | 111.16 | 97.81 | 448.83 | 395.10 | |
| g) Other Expenses (Refer Note 6) | 1,496.95 | 1,217.66 | 1,161.45 | 5,016.00 | 4,487.06 | |
| Total Expenses | 21,243.21 | 18,345.56 | 18,057.29 | 73,755.60 | 62,309.66 | |
| 3 | Profit before share of profit from Associates and Joint Ventures, Exceptional Items and Tax (1-2) | 380.09 | 389.26 | 234.34 | 1,392.87 | 1,600.62 |
| 4 | Exceptional Items (Refer Note 10) | – | 25.83 | – | 25.83 | – |
| 5 | Profit before share of profit from Associates and Joint Ventures and Tax (3-4) | 380.09 | 363.43 | 234.34 | 1,367.04 | 1,600.62 |
| 6 | Tax Expenses | |||||
| – Current Tax | 93.44 | 89.76 | 57.15 | 324.52 | 418.47 | |
| – Deferred Tax (Credit) / Charge | 17.32 | 13.20 | (0.03) | 53.40 | 18.80 | |
| – Tax Adjustment of earlier year | 0.04 | (1.36) | 0.70 | (1.32) | 0.12 | |
| Total Tax Expense (sum above) | 110.80 | 101.60 | 57.82 | 376.60 | 437.39 | |
| 7 | Profit after Tax and before share of Profit from Associates and Joint Ventures (5-6) | 269.29 | 261.83 | 176.52 | 990.44 | 1,163.23 |
| 8 | Share of Profit from Joint Ventures and Associates | 23.77 | 7.20 | 14.14 | 54.45 | 62.58 |
| 9 | Profit for the period / year (7+8) | 293.06 | 269.03 | 190.66 | 1,044.89 | 1,225.81 |
| 10 | Other Comprehensive Income | |||||
| Items that will not be reclassified to profit or loss | ||||||
| – Re-measurement gain / (loss) on defined benefit plans (net of tax) | 1.32 | 2.78 | (2.25) | 0.53 | (4.40) | |
| – Share in Other Comprehensive (Loss) / Income of Joint Ventures and Associates (net of tax) | 0.09 | – | (0.45) | 0.09 | (0.45) | |
| Items that will be reclassified to profit or loss | ||||||
| – Exchange difference (loss) / gain on translation of foreign operations | (6.49) | (3.60) | 0.40 | (16.94) | 2.98 | |
| Other Comprehensive (Loss) (net of tax) | (5.08) | (0.82) | (2.30) | (16.32) | (1.87) | |
| 11 | Total Comprehensive Income for the period / year (9+10) | 287.98 | 268.21 | 188.36 | 1,028.57 | 1,223.94 |
| Net Profit attributable to | ||||||
| Owners of the company | 292.08 | 268.82 | 190.28 | 1,042.05 | 1,225.08 | |
| Non-Controlling Interest | 0.98 | 0.21 | 0.38 | 2.84 | 0.73 | |
| Net Profit for the period / year | 293.06 | 269.03 | 190.66 | 1,044.89 | 1,225.81 | |
| Other Comprehensive (Loss) (net of tax) attributable to | ||||||
| Owners of the company | (5.08) | (0.82) | (2.30) | (16.32) | (1.87) | |
| Non-Controlling Interest | – | – | – | – | – | |
| Other Comprehensive (Loss) (Net of Tax) | (5.08) | (0.82) | (2.30) | (16.32) | (1.87) | |
| Total Comprehensive Income attributable to |
| Particulars | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| NON-CURRENT ASSETS | ||
| (a) Property, Plant and Equipment | 5,973.37 | 4,969.37 |
| (b) Capital Work in Progress | 442.83 | 1,056.34 |
| (c) Goodwill on Consolidation | 325.38 | 53.84 |
| (d) Other Intangible Assets | 364.81 | 137.36 |
| (e) Intangible assets under development | – | 3.18 |
| (f) Right of Use Assets | 479.06 | 320.08 |
| (g) Investments accounted for using equity method | 428.09 | 373.59 |
| (h) Financial Assets | ||
| – (i) Investments | 0.13 | 0.13 |
| – (ii) Loans | 31.33 | 49.05 |
| – (iii) Other Financial Assets | 77.90 | 63.95 |
| (i) Deferred Tax Assets (Net) | 23.06 | 25.06 |
| (j) Income Tax Asset (Net) | 3.28 | 1.55 |
| (k) Other Non Current Assets | 930.61 | 745.00 |
| TOTAL NON-CURRENT ASSETS | 9,079.85 | 7,798.50 |
| CURRENT ASSETS | ||
| (a) Inventories | 8,190.72 | 8,641.28 |
| (b) Financial Assets | ||
| – (i) Investments | 653.28 | 250.27 |
| – (ii) Trade Receivables | 2,624.32 | 2,415.55 |
| – (iii) Cash and Cash Equivalents | 1,677.01 | 543.70 |
| – (iv) Bank balance other than Cash and Cash Equivalents | 42.30 | 478.86 |
| – (v) Loans | 3.46 | 3.51 |
| – (vi) Other Financial Assets | 1,706.55 | 1,539.32 |
| (c) Other Current Assets | 758.04 | 743.20 |
| TOTAL CURRENT ASSETS | 15,655.68 | 14,615.69 |
| Non-current assets classified as held for sale | 23.09 | 23.32 |
| TOTAL ASSETS | 24,758.62 | 22,437.51 |
| EQUITY AND LIABILITIES | ||
| EQUITY | ||
| (a) Equity Share Capital | 129.34 | 129.53 |
| (b) Other Equity | 10,311.38 | 9,294.27 |
| Equity attributable to share-holders | 10,440.72 | 9,423.80 |
| Non-Controlling Interest | 2.96 | 0.12 |
| TOTAL EQUITY | 10,443.68 | 9,423.92 |
| LIABILITIES | ||
| NON-CURRENT LIABILITIES | ||
| (a) Financial Liabilities | ||
| – (i) Borrowings | 392.24 | 186.24 |
| – (ii) Lease Liabilities | 233.25 | 178.01 |
| – (iii) Other Financial Liabilities | 148.30 | – |
| (b) Provisions | 647.81 | 570.87 |
| (c) Deferred Tax Liabilities (Net) | 465.04 | 351.51 |
| TOTAL NON-CURRENT LIABILITIES | 1,886.64 | 1,286.63 |
| CURRENT LIABILITIES | ||
| (a) Financial Liabilities | ||
| – (i) Borrowings | 425.93 | 1,525.59 |
| – (ii) Trade Credits from Banks and Others | 7,013.25 | 5,732.23 |
| – (iii) Lease Liabilities | 57.85 | 47.48 |
| – (iv) Trade Payables | ||
| — Total outstanding dues of Micro and Small Enterprises | 367.68 | 168.63 |
| — Total outstanding dues of creditors other than Micro and Small Enterprises | 2,901.32 | 2,787.08 |
| – (v) Other Financial Liabilities | 1,018.68 | 1,079.53 |
| (b) Other Current Liabilities | 588.24 | 303.02 |
| (c) Provisions | 22.91 | 10.18 |
| (d) Current Tax Liabilities (Net) | 32.44 | 73.22 |
| TOTAL CURRENT LIABILITIES | 12,428.30 | 11,726.96 |
| TOTAL LIABILITIES | 14,314.94 | 13,013.59 |
| TOTAL EQUITY AND LIABILITIES | 24,758.62 | 22,437.51 |
| Sr. No. | Particulars | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|---|
| A | CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net Profit Before Tax | 1,367.04 | 1,600.62 | |
| Adjustment for: | |||
| • Depreciation and Amortization Expenses | 448.83 | 395.10 | |
| • Interest on Income Tax Refund | – | (5.16) | |
| • (Profit) / Loss on Sale of Property, Plant and Equipments | (5.64) | 4.58 | |
| • Liability no longer required written back | (7.52) | (1.58) | |
| • Net Gain on sale / fair valuation of Investment at FVTPL | (12.70) | (7.58) | |
| • Gain on termination of Finance Lease Contract | (1.93) | (2.71) | |
| • Foreign Exchange Loss on Borrowings (Net) | 89.05 | 57.84 | |
| • Unrealised Foreign Exchange Loss / (Gain) other than Borrowings & Derivatives (Net) | 217.22 | (76.13) | |
| • Unrealised Mark to Market (Gain) / Loss on Derivative Contracts (Net) | (119.90) | 75.90 | |
| • Loss on discard of Intangible Assets | 2.54 | – | |
| • Impairment of Trade Receivables | 7.45 | – | |
| • Impairment Allowances of Trade Receivables | 2.47 | 5.19 | |
| • Provision for Doubtful Advances | 3.08 | – | |
| • Impairment of Investment in Subsidiary | 0.10 | – | |
| • Share based payments to employees | 26.15 | 7.03 | |
| • Change in Fair Value for Contingent Consideration and Option Liabilities | 4.98 | – | |
| • Finance Cost | 566.97 | 614.83 | |
| • Interest Income on Bank Deposits and Inter Corporate Deposits | (123.31) | (172.73) | |
| Operating Profit Before Working Capital Changes | 2,464.88 | 2,495.20 | |
| Adjustments for Working Capital Changes: | |||
| (Increase) / Decrease in Operating Assets | |||
| • Inventories | 575.99 | (1,453.63) | |
| • Trade Receivables | (179.11) | (637.62) | |
| • Loans | 0.05 | (0.48) | |
| • Financial Assets | (29.11) | 57.26 | |
| • Other Assets | 6.65 | (190.68) | |
| Increase / (Decrease) in Operating Liabilities | |||
| • Trade Payables | 188.49 | 191.23 | |
| • Trade Credits from Banks and Others | 1,009.33 | 1,645.37 | |
| • Provisions | 80.58 | (23.04) | |
| • Financial Liability | (110.36) | 271.99 | |
| • Other Liabilities | 279.46 | 93.08 | |
| Cash Generated From Operations | 4,286.85 | 2,448.68 | |
| Income Taxes Paid (Net of Refunds) | (358.51) | (298.99) | |
| Net Cash Generated from Operating Activities | 3,928.34 | 2,149.69 | |
| B | CASH FLOW FROM INVESTING ACTIVITIES | ||
| Payment made for purchase of Property, Plant and Equipment (Including Capital Work in Progress, Right of Use Assets, Capital Advance and Capital Creditors) | (832.81) | (994.76) | |
| Payment made for Intangible asset under development | (0.56) | (0.78) | |
| Proceeds from Sale of Property Plant and Equipment | 9.06 | 35.93 | |
| Payment towards Investment in Mutual Funds (Net) | (390.31) | (242.69) | |
| Proceeds from Margin Money, Fixed Deposits & Other Bank Deposits (Net) | 422.03 | 773.51 | |
| Payment towards Purchase Consideration of Business acquired (Refer Note 9)* | (414.98) | (16.36) | |
| Loans received back from Joint Ventures (Net) | 17.95 | – | |
| Interest Received | 123.38 | 174.74 | |
| Net Cash (Used in) Investing Activities | (1,066.24) | (270.41) | |
| C | CASH FLOW FROM FINANCING ACTIVITIES | ||
| (Repayments) of Short-term Borrowings (Net) | (1,260.18) | (888.95) | |
| Proceeds from Non Current Borrowings | 251.29 | 172.66 | |
| Rep |