AWL Agri Business: Fortune Favors the Bold in Southern Expansion

AWL Agri Business (formerly Adani Wilmar) is planning strategic expansion into South and Central India through acquisitions in the condiments and kitchen essentials segments, according to MD & CEO Angshu Mallick. The company, known for flagship brands such as Fortune and Kohinoor, currently has a strong presence in North and West India.

AWL closed FY25 with a revenue of ₹63,672 crore, with its food business crossing ₹6,000 crore, contributing 10% to the topline. The edible oils segment, led by Fortune, remains the core of the business, accounting for approximately 78% of revenue, while industry essentials like oleochemicals contribute around 12%.

Looking ahead, AWL is exploring new categories, including organic foods and cold-pressed edible oils, as it diversifies its portfolio. The company has earmarked over ₹1,000 crore in capital expenditure for FY26 to enhance production capacities.

Mallick projects mid-to-high teens revenue growth in FY26, driven by rising consumption, favorable edible oil prices, and positive macroeconomic trends.

News by Rahul Yelligetti.