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Adani Wilmar Ltd
NSE:AWL

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Adani Wilmar Ltd
NSE:AWL
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Price: 195.99 INR -0.65% Market Closed
Market Cap: ₹253.6B

EV/EBIT

14.5
Current
54%
Cheaper
vs 3-y average of 31.5

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
14.5
=
Enterprise Value
₹213.6B
/
EBIT
₹16.4B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
14.5
=
Enterprise Value
₹213.6B
/
EBIT
₹16.4B

Valuation Scenarios

Adani Wilmar Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (31.5), the stock would be worth ₹424.82 (117% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+137%
Average Upside
95%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 14.5 ₹195.99
0%
3-Year Average 31.5 ₹424.82
+117%
5-Year Average 34.4 ₹464.16
+137%
Industry Average 24.2 ₹327.1
+67%
Country Average 23.3 ₹314.18
+60%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
₹213.6B
/
Jan 2026
₹16.4B
=
14.5
Current
₹213.6B
/
Mar 2026
₹17.6B
=
12.1
Forward
₹213.6B
/
Mar 2027
₹19.9B
=
10.8
Forward
₹213.6B
/
Mar 2028
₹21.1B
=
10.1
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
IN
Adani Wilmar Ltd
NSE:AWL
255.5B INR 14.5 27
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 318 284.3 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 17.8 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
73.8B USD 25.1 30.1
FR
Danone SA
PAR:BN
43.3B EUR 13.4 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 11.5 12.8
US
Hershey Co
NYSE:HSY
38.8B USD 28.5 44
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 22 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 24.7 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 8.6 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 25.1 32.4

Market Distribution

Lower than 74% of companies in India
Percentile
26th
Based on 2 572 companies
26th percentile
14.5
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

Adani Wilmar Ltd
Glance View

Adani Wilmar Ltd. stands as a significant player in India's food industry, tracing its origins to a strategic joint venture between the Indian conglomerate Adani Group and the Singaporean multinational Wilmar International. This partnership blends Adani's logistical prowess and infrastructure with Wilmar's extensive experience in agribusiness, creating a formidable force in the edible oil sector. The company has grown its roots deep into the Indian market, becoming synonymous with household brands like Fortune — a name that resonates with the day-to-day culinary endeavors of countless Indian families. Adani Wilmar's operational strategy hinges on its integrated business model, which spans the entire value chain: from sourcing raw materials through its vast network of farmers to meticulous processing, packaging, and distribution. This vertical integration helps the company maintain competitive pricing and control over quality, making Fortune a staple in many Indian kitchens. Apart from dominating the edible oil industry, Adani Wilmar has diversified its product portfolio to include essential items such as rice, flour, and ready-to-eat snacks, responding to the growing demand for diverse food products in urban and rural markets. The company capitalizes on its extensive distribution network, optimizing logistical efficiencies to reach different consumer segments across India. By leveraging Adani's domestic infrastructure and Wilmar's expansive agribusiness expertise, they achieve scale and reach that are difficult for competitors to match. This strategic positioning allows Adani Wilmar to thrive in a highly competitive industry while continuously expanding its footprint beyond edible oils, nudging its way deeper into the broader food market. Through sustained innovation and a keen eye on quality control, the company not only meets the nutritional needs of its consumers but also remains a robust, agile competitor in the ever-evolving landscape of India's consumer goods sector.

AWL Intrinsic Value
287.61 INR
Undervaluation 32%
Intrinsic Value
Price ₹195.99
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