- Adani Wilmar reported a net income of 3.13 billion rupees for the first quarter of 2024.
- This is a significant turnaround compared to a loss of 790 million rupees in the same quarter last year.
- The company achieved a revenue of 141.7 billion rupees, marking a 9.6% increase year-on-year.
- Total costs for the quarter were 138.1 billion rupees, up by 5.7% compared to the previous year.
- Shares of Adani Wilmar rose 6.1% to 344.90 rupees, with 2.59 million shares traded.
- Analysts’ recommendations include 2 buys, 2 holds, and 1 sell.
A look at Adani Wilmar Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Adani Wilmar Limited, a provider of edible oil and fats, shows a mixed long-term outlook based on Smartkarma Smart Scores. With a value score of 3, the company is considered moderately valued. However, its dividend score of 1 indicates a weak dividend profile. In terms of growth potential, Adani Wilmar scores a 2, suggesting room for improvement. Nevertheless, the company demonstrates resilience with a score of 3, highlighting its ability to withstand market fluctuations. Momentum is also positive with a score of 3, indicating favorable trends in the company’s performance.
In summary, Adani Wilmar Limited, known for offering a variety of oil products to both households and business institutions globally, shows varying prospects across different Smartkarma Smart Scores. While the company is moderately valued and exhibits resilience and momentum, there is room for improvement in terms of dividends and growth. Investors may need to carefully weigh these factors when considering the long-term investment potential of Adani Wilmar.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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