Godrej Industries Ltd
Godrej Industries is one of the holding companies of Godrej Group. It is one of the leading manufacturers of oleochemicals on a standalone basis.
Godrej Industries is promoter of Godrej Agrovet Ltd and Godrej Properties Ltd. It also has stake in Godrej Consumer Products Ltd [1].
- Market Cap ₹ 38,349 Cr.
- Current Price ₹ 1,138
- High / Low ₹ 1,444 / 744
- Stock P/E 409
- Book Value ₹ 52.5
- Dividend Yield 0.00 %
- ROCE 5.79 %
- ROE -7.28 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 22.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of -4.48% over last 3 years.
- Earnings include an other income of Rs.266 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Diversified Diversified Diversified Diversified
Part of BSE Industrials Nifty MidSmallcap400 50:50 BSE 500 Nifty 500 Nifty Midcap 150
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,450 | 1,303 | 1,500 | 1,958 | 2,144 | 1,969 | 1,856 | 3,340 | 4,488 | 3,018 | 4,171 | 4,809 | 5,080 | |
| 1,378 | 1,209 | 1,432 | 1,722 | 1,750 | 1,676 | 1,719 | 2,955 | 3,768 | 2,645 | 3,262 | 4,088 | 4,324 | |
| Operating Profit | 73 | 94 | 68 | 237 | 394 | 293 | 137 | 384 | 720 | 373 | 909 | 721 | 757 |
| OPM % | 5% | 7% | 4.5% | 12% | 18% | 15% | 7% | 12% | 16% | 12% | 22% | 15% | 15% |
| 236 | 159 | 47 | 301 | -202 | 35 | 65 | 10 | 69 | 94 | 120 | 271 | 266 | |
| Interest | 148 | 200 | 208 | 212 | 240 | 229 | 238 | 364 | 478 | 582 | 742 | 839 | 846 |
| Depreciation | 29 | 44 | 52 | 69 | 54 | 69 | 72 | 75 | 79 | 87 | 97 | 92 | 92 |
| Profit before tax | 132 | 8 | -145 | 257 | -101 | 31 | -108 | -44 | 233 | -203 | 190 | 61 | 86 |
| Tax % | -13% | -314% | -0% | 6% | -0% | -0% | -0% | 0% | 0% | 0% | 0% | 0% | |
| 149 | 34 | -145 | 242 | -101 | 31 | -108 | -44 | 233 | -203 | 190 | 61 | 86 | |
| EPS in Rs | 4.43 | 1.02 | -4.32 | 7.18 | -3.01 | 0.92 | -3.20 | -1.31 | 6.91 | -6.02 | 5.63 | 1.81 | 2.55 |
| Dividend Payout % | 40% | 172% | -40% | 24% | -38% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 21% |
| 3 Years: | 2% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -2% |
| 3 Years: | % |
| TTM: | 72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 17% |
| 3 Years: | 30% |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 0% |
| 3 Years: | -4% |
| Last Year: | -7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 |
| Reserves | 1,625 | 1,723 | 1,582 | 1,781 | 1,609 | 1,597 | 1,493 | 1,450 | 1,683 | 1,482 | 1,671 | 1,736 |
| 2,022 | 2,658 | 2,862 | 2,704 | 3,195 | 2,889 | 4,447 | 6,195 | 6,917 | 8,551 | 10,068 | 11,063 | |
| 590 | 297 | 400 | 465 | 475 | 502 | 780 | 1,006 | 1,079 | 795 | 1,076 | 1,404 | |
| Total Liabilities | 4,271 | 4,712 | 4,877 | 4,985 | 5,313 | 5,022 | 6,753 | 8,683 | 9,712 | 10,862 | 12,849 | 14,236 |
| 648 | 1,172 | 1,526 | 1,494 | 1,483 | 1,483 | 1,770 | 1,746 | 1,811 | 1,852 | 2,053 | 1,960 | |
| CWIP | 667 | 210 | 4 | 8 | 9 | 18 | 73 | 38 | 84 | 20 | 78 | 58 |
| Investments | 2,378 | 2,623 | 2,785 | 2,828 | 2,705 | 2,614 | 3,998 | 5,547 | 6,548 | 7,868 | 9,123 | 10,335 |
| 578 | 707 | 562 | 655 | 1,116 | 907 | 913 | 1,352 | 1,270 | 1,123 | 1,595 | 1,882 | |
| Total Assets | 4,271 | 4,712 | 4,877 | 4,985 | 5,313 | 5,022 | 6,753 | 8,683 | 9,712 | 10,862 | 12,849 | 14,236 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -124 | -363 | 248 | 284 | 448 | 397 | 138 | 159 | 837 | 318 | 931 | 660 | |
| -298 | -1 | -226 | 171 | -214 | 3 | -1,713 | -1,587 | -1,118 | -1,353 | -1,552 | -1,012 | |
| 456 | 251 | -17 | -406 | 218 | -595 | 1,323 | 1,455 | 232 | 1,031 | 833 | 175 | |
| Net Cash Flow | 34 | -112 | 5 | 49 | 452 | -195 | -251 | 26 | -49 | -4 | 211 | -176 |
| Free Cash Flow | -441 | -560 | 188 | 224 | 374 | 349 | -223 | 73 | 700 | 242 | 624 | 832 |
| CFO/OP | -165% | -381% | 376% | 123% | 116% | 138% | 109% | 47% | 120% | 96% | 108% | 103% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26 | 52 | 30 | 22 | 31 | 37 | 49 | 44 | 36 | 42 | 43 | 43 |
| Inventory Days | 62 | 117 | 104 | 87 | 88 | 81 | 121 | 101 | 69 | 95 | 81 | 83 |
| Days Payable | 149 | 76 | 109 | 103 | 110 | 123 | 188 | 119 | 95 | 104 | 112 | 109 |
| Cash Conversion Cycle | -60 | 94 | 24 | 7 | 9 | -5 | -18 | 26 | 10 | 34 | 13 | 17 |
| Working Capital Days | -291 | -358 | -433 | -414 | -425 | -426 | -488 | -299 | -316 | -597 | -517 | -472 |
| ROCE % | 2% | 2% | 1% | 4% | 8% | 6% | 2% | 5% | 8% | 4% | 8% | 6% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Chemicals Exports as % of Revenue % of Revenue |
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| Chemicals Sales Volume Growth % YoY |
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| GPL Booking Value INR crore |
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| GPL Area Delivered million sq ft |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Godrej Industries Group signs Haryana MoU for ₹20,000 crore investment, targeting 40,000 jobs by FY28.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Copies of Newspaper Advertisement published today in connection with dispatch of Postal Ballot Notice dated August 13, 2026.
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
- Postal ballot seeks approval for Pirojsha Godrej’s Executive Chairperson appointment from Aug 14, 2026 to Aug 13, 2031.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- 38th AGM held; shareholders approved ₹1,500 crore NCD/bond issuance, ₹1,000 crore investment, and Vishal Sharma reappointment.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Concalls
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Business Segments
Consumer (GCPL) - It includes Home care, Air Freshener, Fabric Care, Personal care like shampoo and hair color, Park Avenue, and KamaSutra. [1]