Sunflower-to-Mustard Oils Turnaround

India's largest edible oil company, AWL Agri Business, is sharpening its focus on branded staples and quick commerce

- BY RIDDHIMA BHATNAGAR

FOR AWL AGRI BUSINESS, FY25 was marked by a big change in ownership. In July, Wilmar International raised its stake in the firm, formerly Adani Wilmar, to 64% after a ₹7,150 crore deal, becoming the majority shareholder, while the Adani family’s stake fell to 11%.

The firm reported a sharp turnaround with a whopping 582% jump in profit after tax (PAT), the highest increase in the BT500 India's Most Profitable Companies list for FY25, while net sales rose 24% to ₹63,672 crore.

Angshu Mallick, Managing Director and Chief Executive Officer of AWL Agri Business, attributes this resilience to a unique blend of global expertise and local execution. He insists that operations remain unchanged as AWL continues to use Adani’s ports and logistics infrastructure while strengthening its own supply chain.

“Wilmar gives us a global understanding of the edible oil supply chain and pricing trends. Our multi-oil portfolio lets us switch between oils during shortages or price spikes and our distribution strength ensures our brand reaches every corner of India,” he says.