Adani Wilmar Limited, established in 1999 as a joint venture between Adani Enterprises and Wilmar International, stands out as a prominent player in the Indian FMCG food industry. It specializes in a wide range of kitchen essentials, including edible oil, wheat flour, rice, pulses, and sugar, marketed under different brands tailored to diverse consumer preferences. Notably, its “Fortune” brand holds a significant market share in the edible oil segment in India. With an extensive network comprising 23 manufacturing plants spread across 10 states and 28 tolling units, the company efficiently meets the growing demand for its products.
Furthermore, Adani Wilmar emerges as a key player in India’s edible oil landscape, serving as the largest importer of crude edible oil and a significant manufacturer and exporter of various oils and oleochemicals. The company’s reputation for innovation and commitment to corporate social responsibility enhances its brand value. Leveraging the expertise of its parent groups in local markets and global sourcing capabilities, Adani Wilmar remains well-positioned to navigate the competitive FMCG sector while contributing positively to both the economy and society.
This article explores Adani Wilmar’s share price targets from 2024 to 2030, revealing the potential course of this stock. Join us as we examine the fascinating history of Adani Wilmar and determine whether it is truly a worthwhile addition to your investing portfolio, whether you are an experienced investor or a rookie eager to make your mark.
Latest News about Adani Wilmar
Adani Wilmar, a prominent figure in the edible oil and food-FMCG domain, is advancing through strategic acquisitions and innovative product development. Recent endeavors in food processing and packaging acquisitions are geared towards bolstering market influence, while fresh product introductions target the health-conscious consumer segment. With a steadfast commitment to sustainability and customer contentment, Adani Wilmar is primed for sustained expansion and maintaining its position as a market leader.
Adani Wilmar Reports 67% Surge in Q4 Net Profit to ₹157 Crore
- Operational efficiency drove a 67% increase in net profit to ₹157 crore in Q4 FY24, compared to ₹94 crore in the previous year.
- Despite a marginal 3% decline in revenue, totaling ₹51,262 crore, the company maintained robust profitability through effective cost management.
- The strong performance was fueled by significant volume growth in both the edible oils and food-FMCG segments, supported by an expanded retail footprint.
- Adani Wilmar’s strategic sales and marketing initiatives, tailored to regional preferences, contributed to notable market share gains across product categories.
- Milestones achieved include surpassing 6 million tonnes in sales volumes and reaching 1 million tonnes in sales for the Food and FMCG business.
- Enhanced profitability was driven by an improved branded mix within the edible oils segment during the latter half of the fiscal year.
- Despite challenges in Bangladesh operations, the company swiftly resolved issues, ensuring a return to normalcy by the quarter’s end.
- While revenue from edible oils and industry essentials experienced declines, revenue from the food and FMCG segment saw substantial growth.
- Positive sales volume trends across edible oils, industrial essentials, and food and FMCG products demonstrate Adani Wilmar’s resilience and adaptability in a dynamic market landscape.
How to purchase Adani Wilmar shares?
Below are the trading platforms that you can use to purchase Adani Wilmar shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Adani Wilmar Share Price Prediction: 2024, 2025 to 2030
Adani Wilmar Share Price Target 2024
| When | Maximum Price | Minimum Price |
| May 2024 | 360.44 | 313.42 |
| June 2024 | 373.41 | 324.71 |
| July 2024 | 369.68 | 321.46 |
| August 2024 | 384.47 | 334.32 |
| September 2024 | 399.84 | 347.69 |
| October 2024 | 392.00 | 340.87 |
| November 2024 | 407.68 | 354.51 |
| December 2024 | 411.76 | 358.05 |
In May 2024, Adani Wilmar shares are expected to range from ₹313.42 to ₹360.44. June may see prices between ₹324.71 and ₹373.41. July’s forecast is ₹321.46 to ₹369.68. August could reach ₹384.47 (max) and ₹334.32 (min). September’s range might be ₹347.69 to ₹399.84. October may range from ₹340.87 to ₹392.00. November could see ₹354.51 (min) and ₹407.68 (max). December’s forecast is ₹358.05 (min) to ₹411.76 (max).
Adani Wilmar Share Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 415.88 | 319.91 |
| February 2025 | 420.08 | 323.14 |
| March 2025 | 428.90 | 329.92 |
| April 2025 | 424.65 | 326.66 |
| May 2025 | 412.29 | 317.14 |
| June 2025 | 430.84 | 331.41 |
| July 2025 | 422.39 | 324.92 |
| August 2025 | 435.45 | 334.97 |
| September 2025 | 440.68 | 338.98 |
| October 2025 | 452.14 | 347.80 |
| November 2025 | 463.44 | 356.49 |
| December 2025 | 484.30 | 372.54 |
Throughout 2025, Adani Wilmar shares are projected to experience fluctuations in their prices. Starting in January, the shares are expected to reach a maximum price of 415.88 and a minimum price of 319.91. As the year progresses, these fluctuations continue, with the maximum price peaking at 484.30 and the minimum price reaching 372.54 by December 2025. Investors should monitor market trends and company performance to make informed decisions throughout the year.
Adani Wilmar Share Price Prediction 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 498.83 | 383.71 |
| February 2026 | 486.35 | 374.12 |
| March 2026 | 496.08 | 381.60 |
| April 2026 | 506.21 | 389.39 |
| May 2026 | 501.19 | 385.53 |
| June 2026 | 513.72 | 395.17 |
| July 2026 | 503.65 | 387.42 |
| August 2026 | 519.23 | 399.41 |
| September 2026 | 529.61 | 407.39 |
| October 2026 | 543.38 | 417.99 |
| November 2026 | 556.97 | 428.44 |
| December 2026 | 570.89 | 439.15 |
Adani Wilmar Share Price Prediction 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 576.60 | 443.54 |
| February 2027 | 591.38 | 454.91 |
| March 2027 | 614.45 | 472.65 |
| April 2027 | 602.40 | 463.38 |
| May 2027 | 584.85 | 449.89 |
| June 2027 | 611.17 | 470.13 |
| July 2027 | 599.19 | 460.91 |
| August 2027 | 617.72 | 475.17 |
| September 2027 | 639.34 | 491.80 |
| October 2027 | 655.96 | 504.59 |
| November 2027 | 672.36 | 517.20 |
| December 2027 | 689.17 | 530.13 |
Adani Wilmar Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 702.96 | 540.74 |
| February 2028 | 720.98 | 554.60 |
| March 2028 | 749.10 | 576.23 |
| April 2028 | 734.41 | 564.93 |
| May 2028 | 713.02 | 548.48 |
| June 2028 | 745.11 | 573.16 |
| July 2028 | 730.50 | 561.92 |
| August 2028 | 753.09 | 579.30 |
| September 2028 | 779.45 | 599.57 |
| October 2028 | 799.71 | 615.16 |
| November 2028 | 819.70 | 630.54 |
| December 2028 | 840.20 | 646.31 |
Adani Wilmar Share Price Target 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 857.00 | 659.23 |
| February 2029 | 878.98 | 676.14 |
| March 2029 | 913.26 | 702.50 |
| April 2029 | 895.35 | 688.73 |
| May 2029 | 869.27 | 668.67 |
| June 2029 | 908.39 | 698.76 |
| July 2029 | 890.58 | 685.06 |
| August 2029 | 918.12 | 706.25 |
| September 2029 | 950.25 | 730.96 |
| October 2029 | 974.96 | 749.97 |
| November 2029 | 999.33 | 768.72 |
| December 2029 | 1,024.32 | 787.94 |
Adani Wilmar Share Price Prediction 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 1,044.80 | 803.70 |
| February 2030 | 1,071.59 | 824.30 |
| March 2030 | 1,113.39 | 856.45 |
| April 2030 | 1,091.56 | 839.66 |
| May 2030 | 1,059.76 | 815.20 |
| June 2030 | 1,107.45 | 851.89 |
| July 2030 | 1,085.74 | 835.18 |
| August 2030 | 1,119.32 | 861.01 |
| September 2030 | 1,158.49 | 891.15 |
| October 2030 | 1,188.61 | 914.32 |
| November 2030 | 1,218.33 | 937.18 |
| December 2030 | 1,248.79 | 960.61 |
As we step into January 2030, Adani Wilmar shares are anticipated to range between a maximum price of 1,044.80 and a minimum price of 803.70. Over the subsequent months, fluctuations in share prices are expected, with February seeing a rise to a maximum of 1,071.59 and a minimum of 824.30. March is likely to witness further increases, with the maximum price reaching 1,113.39 and the minimum rising to 856.45. Throughout the year, these fluctuations are expected to continue, with prices fluctuating between 1,248.79 and 960.61 by December 2030.
Financial Condition of Adani Wilmar: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 29,657 | 37,090 | 54,155 | 58,185 | 51,262 |
| Expenses + | 28,348 | 35,765 | 52,418 | 56,521 | 50,126 |
| Operating Profit | 1,310 | 1,326 | 1,736 | 1,664 | 1,135 |
| OPM % | 4% | 4% | 3% | 3% | 2% |
| Other Income + | 110 | 104 | 172 | 259 | 240 |
| Interest | 569 | 407 | 541 | 775 | 749 |
| Depreciation | 241 | 268 | 309 | 358 | 364 |
| Profit before tax | 609 | 755 | 1,059 | 789 | 262 |
| Tax % | 34% | 14% | 27% | 30% | 35.00% |
| Net Profit + | 461 | 729 | 804 | 582 | 148 |
| EPS in Rs | 40.32 | 63.74 | 6.18 | 4.48 | 1.14 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Sales have steadily grown from ₹29,657 crores in March 2020 to ₹51,262 crores in March 2024. Similarly, expenses have increased consistently from ₹28,348 crores in March 2020 to ₹50,126 crores in March 2024. Despite these rises, operating profit has fluctuated, peaking at ₹1,736 crores in March 2022 and declining to ₹1,135 crores in March 2024, leading to a decrease in the operating profit margin (OPM) from 4% in March 2022 to 2% in March 2024. Other income has shown a positive trend, rising from ₹110 crores in March 2020 to ₹240 crores in March 2024. Interest expenses have varied, notably increasing from ₹56.9 crores in March 2020 to ₹74.9 crores in March 2024. Depreciation expenses have also risen, reflecting investments in assets and infrastructure. Profit before tax reached its peak at ₹1,059 crores in March 2022 before declining to ₹262 crores in March 2024. The effective tax rate has fluctuated, reaching its highest at 35% in March 2024. Net profit mirrored the trend of profit before tax, peaking at ₹804 crores in March 2022 and decreasing to ₹148 crores in March 2024. Earnings per share (EPS) experienced a significant decline from ₹63.74 in March 2021 to ₹1.14 in March 2024. Throughout this period, the dividend payout percentage has remained at 0%.
Consensus Share Price Target on Adani Wilmar Share Price Target
Consensus Share Price Target recommends purchasing Adani Wilmar with a target price of ₹388.00.
FAQS
What is the projected share price target for Adani Wilmar in 2024?
The projected share price target for Adani Wilmar in 2024 is ₹411.76.
Is there an expected growth in Adani Wilmar’s share price from 2024 to 2030?
Yes, there is an expected growth in Adani Wilmar’s share price from 2024 to 2030.
What is the maximum share price target for Adani Wilmar in 2030?
The expected maximum share price target for Adani Wilmar is ₹1,248.79.
How has Adani Wilmar’s profit and loss performance been in the past five years?
Adani Wilmar’s profit and loss performance in the past five years has been positive, with consistent growth in revenue and profit.
Should potential investors seek expert advice before investing in Adani Wilmar shares?
Yes, it is recommended for potential investors to seek expert advice and conduct thorough research before making any investment decisions in Adani Wilmar shares.
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Conclusion
In conclusion, Adani Wilmar Limited stands as a stalwart in India’s FMCG food industry, fortified by its diverse product range and commanding market share, particularly in the edible oil segment with its renowned “Fortune” brand. The company’s extensive manufacturing and distribution network, coupled with its focus on innovation and sustainability, positions it favorably for continued growth and market dominance. Despite facing challenges such as fluctuations in operating profit margins and regulatory constraints, Adani Wilmar’s strategic acquisitions, product innovations, and resilient financial performance underscore its potential for sustained expansion in the years ahead. As investors contemplate opportunities in India’s thriving FMCG sector, Adani Wilmar presents a compelling prospect, provided they conduct thorough due diligence and seek expert advice to inform their investment decisions.
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