FMCG stock in focus after its board approves acquisition of 48% stake in Creamline Dairy Products for ₹930 CrFMCG stock in focus after its board approves acquisition of 48% stake in Creamline Dairy Products for ₹930 Cr

Introduction:

Leading FMCG company has approved the acquisition of a 48.06% stake in Creamline Dairy Products Ltd. for ₹930 crore, making it a wholly owned subsidiary. This strategic move strengthens its dairy sector presence, enhancing milk procurement, processing, and distribution capabilities.

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Share price movement of Godrej Agrovet:

On March 12, 2025, Godrej Agrovet Ltd opened at ₹763.55, up 3.79% from its previous close of ₹735.65. The stock reached a high of ₹766.75 (4.23%) and a low of ₹738.05. By 10:20 AM, it traded at ₹748.90, a 1.80% increase, with a market cap of ₹14,398.46 crore.

Godrej Agrovet to Acquire 48.06% Stake in Creamline Dairy for ₹930 Crore:

Godrej Agrovet Ltd. has approved the acquisition of the remaining 48.06% equity stake in Creamline Dairy Products Ltd. (CDPL) for ₹930 crore, making it a wholly owned subsidiary. The deal strengthens its dairy business under the ‘Godrej Jersey’ brand.

The transaction, a related party deal, will be executed at arm’s length based on an independent valuation report. CDPL, a major private dairy company in southern India, recorded a turnover of ₹15,405 crore in FY24. The acquisition is expected to be completed by September 30, 2025.

With this move, Godrej Agrovet consolidates its presence in the dairy sector, enhancing milk procurement, processing, and distribution capabilities. The company aims to expand its footprint in the fast-growing dairy industry, leveraging CDPL’s strong market position and extensive distribution network.

Recent news on Godrej Agrovet:

As of February 01, 2025, Godrej Agrovet Ltd reported a robust Q3 FY25 performance, with net profit surging 32.4% YoY to ₹109.9 crore. EBITDA grew 38.4% to ₹220 crore, driven by margin expansion to 9% from 6.8%.

Stock performance of Godrej Agrovet for Period of 1 week, 6 months, and 1 year:

Godrej Agrovet Ltd showed a mixed performance, declining 3.28% over the past week and 7.46% in six months. However, the stock gained 47.2% over the past year, highlighting its strong long-term growth despite short-term fluctuations.

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Shareholding pattern of Godrej Agrovet:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	67.60%	74.00%	74.00%
FII	7.10%	7.50%	9.50%
DII	6%	6%	4.30%
Public	19.10%	12.60%	12.10%

About Godrej Agrovet:

Godrej Agrovet Ltd (NSE: GODREJAGRO) is a diversified agri-business company focused on R&D-driven solutions to enhance Indian farmers’ productivity. It leads in animal feed, crop protection, oil palm, dairy, poultry, and processed foods, promoting sustainable agricultural growth.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.