Godrej Agrovet Ltd is a leading Indian agri-business company with diversified operations across animal feed, crop protection, oil palm, dairy, poultry, and processed foods. As a subsidiary of the Godrej Group, it benefits from strong brand equity, R&D capabilities, and a pan-India presence. Despite recent headwinds in sales, the company delivered strong profit growth in FY25, driven by margin expansion and operational efficiency. With healthy return ratios, consistent dividends, and strategic focus on food security, Godrej Agrovet remains a compelling long-term play in India’s agri-value chain. This article provides a fact-based outlook and realistic share price targets for each year from 2026 to 2030.
Based on strong ROCE, dividend reliability, and sector tailwinds in food security, we project the following realistic price ranges:
Year
Target Price Range (₹)
2026
₹580 – ₹650
2027
₹620 – ₹710
2028
₹660 – ₹770
2029
₹700 – ₹830
2030
₹740 – ₹890
These targets assume:
EPS CAGR of 15–18% (supported by 40% recent profit growth, though likely to moderate)
P/E range of 17–20x (reasonable for a quality agri-business with 25%+ ROCE)
Sustained dividend payout (~35–40% of profits)
Year-wise Breakdown
Godrej Agrovet Share Price Target 2026
Year
Target 1
Target 2
2026
₹580
₹650
Rationale: Near-term upside is supported by strong Q3 FY26 results and margin resilience despite flat sales. Current P/E of 18.4x is attractive vs peers.
Godrej Agrovet Share Price Target 2027
Year
Target 1
Target 2
2027
₹620
₹710
Rationale: Expected recovery in rural demand and oil palm yield improvement could drive volume growth. The crop protection segment may benefit from government farm schemes.
Godrej Agrovet Share Price Target 2028
Year
Target 1
Target 2
2028
₹660
₹770
Rationale: By 2028, processed foods and dairy could contribute meaningfully to margins. ROCE sustainability (~25%) justifies premium valuation.
Godrej Agrovet Share Price Target 2029
Year
Target 1
Target 2
2029
₹700
₹830
Rationale: Long-term play on India’s rising protein and food safety demand. Animal feed and poultry segments are well-positioned for structural growth.
Godrej Agrovet Share Price Target 2030
Year
Target 1
Target 2
2030
₹740
₹890
Rationale: The upper end assumes sales recovery, debt reduction, and ROE above 22%. Even at ₹890, P/E would be ~20x—reasonable for quality.
Quality-focused investor bullish on India’s food security and protein consumption trends
FAQs
Yes—for long-term portfolios. Its strong returns, dividend history, and Godrej backing make it a reliable compounder.
The company is Godrej Agrovet Ltd (not “crop”). Current price: ₹554.
It was part of Godrej Soaps until the demerger in 2017. No separate “old name”.
₹141.06 per share (TTM).
Due to declining sales (-1.11%) and rural demand weakness, despite strong profits.
₹460 per share in October 2017.
Final Verdict
Godrej Agrovet is a high-quality agri-business with best-in-class capital efficiency and strong group backing. While near-term sales are under pressure, its profit resilience, dividend reliability, and exposure to India’s food security mission make it a solid long-term holding. Our 2026–2030 price targets (₹580–₹890) reflect steady, sustainable appreciation—not speculative hype. Investors should consider accumulating on dips with a 5-year horizon.
📌 Disclaimer: Price targets are estimates based on current fundamentals and sector trends. They are not investment advice. Please consult a SEBI-registered advisor before investing.
