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.

Business Today · Latest · 6/1/2026, 2:45:40 PM

Fortune-owner AWL Agri Business has signed a licensing pact with Shree Renuka Sugars to sell refined sugar under the Madhur label, leveraging Renuka's distribution to deepen its packaged foods footprint and broaden the staples portfolio beyond edible oils.

The Hindu BusinessLine · 5/29/2026, 5:15:02 AM

AWL Agribusiness parent Wilmar International calls for India to cut its 60% edible oil import dependence and aim for 50-60% self-sufficiency. Retail cooking oil prices have jumped 20-25% in four months amid biodiesel diversion and Iran conflict disruptions. Palm oil accounts for 38% of consumption.

ET Retail · 5/26/2026, 5:31:30 AM

AWL Agribusiness parent Wilmar International is calling for India to target 50-60% edible oil self-sufficiency, against current 60% import dependence. Retail cooking oil prices have surged 20-25% in four months on biofuel-driven global scarcity, squeezing Fortune-brand maker AWL and triggering a 10% consumption cut.

ET Small Business · 5/26/2026, 12:41:50 AM

Jefferies trims AWL Agri Business target from Rs 340 to Rs 260 and cuts EPS 15-17%, but maintains Buy citing the strategic reset from edible oils to diversified kitchen essentials. Fortune-led Foods unit (Rs 250 cr+ sales) seen compounding 16% over FY26-29 versus 7-8% for oils. Stock trades at 23x FY27 P/E, a 50% discount to FMCG peers.

NDTV Profit · 5/20/2026, 5:24:30 AM