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 ₹ 39,750 Cr.
- Current Price ₹ 1,180
- High / Low ₹ 1,392 / 764
- Stock P/E 39.4
- Book Value ₹ 301
- Dividend Yield 0.00 %
- ROCE 7.83 %
- ROE 9.64 %
- Face Value ₹ 1.00
Pros
- Promoter holding has increased by 1.33% over last quarter.
Cons
- Stock is trading at 3.92 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.7% over past five years.
- Company has a low return on equity of 7.20% over last 3 years.
- Earnings include an other income of Rs.2,921 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 500 Nifty 500 BSE MidCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7,799 | 9,101 | 7,454 | 8,365 | 9,076 | 10,848 | 11,291 | 9,334 | 14,130 | 16,740 | 16,601 | 19,657 | 19,869 | |
7,343 | 8,615 | 7,061 | 7,708 | 8,805 | 10,233 | 10,479 | 9,020 | 13,083 | 15,230 | 15,406 | 17,553 | 17,708 | |
Operating Profit | 455 | 487 | 392 | 657 | 271 | 615 | 812 | 314 | 1,047 | 1,510 | 1,195 | 2,104 | 2,162 |
OPM % | 6% | 5% | 5% | 8% | 3% | 6% | 7% | 3% | 7% | 9% | 7% | 11% | 11% |
201 | 317 | 255 | 520 | 915 | 1,142 | 996 | 1,015 | 1,132 | 1,418 | 1,493 | 2,636 | 2,921 | |
Interest | 119 | 192 | 343 | 402 | 413 | 508 | 491 | 469 | 623 | 943 | 1,352 | 1,957 | 2,100 |
Depreciation | 70 | 93 | 117 | 148 | 175 | 163 | 234 | 242 | 274 | 305 | 371 | 430 | 443 |
Profit before tax | 467 | 519 | 187 | 626 | 597 | 1,086 | 1,083 | 617 | 1,282 | 1,681 | 964 | 2,353 | 2,539 |
Tax % | 37% | 26% | 58% | 27% | 19% | 20% | 25% | 37% | 23% | 15% | 38% | 21% | |
469 | 589 | 323 | 459 | 484 | 864 | 812 | 391 | 992 | 1,421 | 595 | 1,858 | 1,943 | |
EPS in Rs | 9.72 | 11.98 | 4.78 | 7.63 | 10.05 | 17.53 | 16.46 | 9.94 | 19.42 | 28.96 | 1.78 | 29.14 | 29.94 |
Dividend Payout % | 18% | 15% | 37% | 23% | 17% | 7% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 12% |
3 Years: | 12% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 10% |
TTM: | 393% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 24% |
3 Years: | 37% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 33 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 |
Reserves | 2,701 | 3,194 | 2,968 | 3,162 | 3,301 | 4,313 | 5,755 | 7,520 | 7,093 | 7,951 | 7,968 | 10,118 |
4,167 | 5,885 | 7,200 | 7,554 | 6,918 | 7,116 | 7,275 | 10,071 | 14,506 | 19,642 | 28,996 | 38,088 | |
4,307 | 4,392 | 3,931 | 4,241 | 6,500 | 6,530 | 7,143 | 11,157 | 12,202 | 16,117 | 24,331 | 39,488 | |
Total Liabilities | 11,208 | 13,504 | 14,133 | 14,991 | 16,753 | 17,993 | 20,207 | 28,781 | 33,835 | 43,744 | 61,329 | 87,728 |
1,650 | 1,837 | 2,828 | 3,281 | 3,302 | 3,824 | 4,049 | 4,520 | 4,971 | 5,269 | 6,365 | 6,954 | |
CWIP | 466 | 775 | 274 | 54 | 271 | 202 | 334 | 444 | 483 | 942 | 462 | 258 |
Investments | 2,336 | 2,691 | 3,052 | 3,203 | 4,137 | 5,473 | 6,594 | 9,952 | 9,609 | 8,009 | 8,669 | 11,165 |
6,757 | 8,202 | 7,979 | 8,452 | 9,042 | 8,494 | 9,229 | 13,866 | 18,772 | 29,525 | 45,832 | 69,350 | |
Total Assets | 11,208 | 13,504 | 14,133 | 14,991 | 16,753 | 17,993 | 20,207 | 28,781 | 33,835 | 43,744 | 61,329 | 87,728 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-394 | -1,050 | 199 | 569 | 1,689 | 1,240 | 392 | -672 | -1,756 | -4,409 | -4,284 | -5,151 | |
-901 | -459 | -185 | -234 | -1,016 | -1,360 | -1,874 | -5,147 | 46 | 1,851 | -2,646 | -4,562 | |
1,420 | 1,409 | 2 | -528 | -959 | 1,056 | 1,349 | 5,772 | 1,916 | 3,535 | 7,219 | 10,689 | |
Net Cash Flow | 126 | -99 | 16 | -193 | -286 | 936 | -133 | -47 | 206 | 977 | 288 | 976 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 25 | 25 | 42 | 40 | 40 | 39 | 50 | 60 | 43 | 33 | 28 | 30 |
Inventory Days | 290 | 325 | 437 | 356 | 299 | 161 | 171 | 594 | 335 | 913 | 1,952 | 10,759 |
Days Payable | 131 | 109 | 103 | 120 | 101 | 88 | 117 | 327 | 162 | 318 | 398 | 1,622 |
Cash Conversion Cycle | 184 | 241 | 376 | 276 | 238 | 111 | 104 | 327 | 217 | 627 | 1,581 | 9,168 |
Working Capital Days | 2 | 13 | -37 | -42 | -137 | -116 | -85 | -12 | -15 | -24 | -36 | 17 |
ROCE % | 6% | 5% | 4% | 8% | 7% | 11% | 10% | 5% | 8% | 8% | 6% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment
1d - Allotment of 80,000 NCDs totaling ₹800 crore (₹400Cr Series1, ₹400Cr Series2) on Sep 22, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Sep - Please find enclosed intimation which is self-explanatory.
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Approval Of Key Information Document For Issue Of Up To 80,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures Aggregating Up To Rs. 800 Crore On Private Placement Basis, In One Or More Tranches.
16 Sep - Approved KID to issue up to 80,000 NCDs aggregating to ₹800 crore via private placement on Sept 16, 2025.
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Intimation Regarding 100 Days Campaign- "Saksham Niveshak"
12 Sep - 100-day IEPFA 'Saksham Niveshak' campaign Jul28–Nov6,2025; ads Sept12; shareholders urged to update KYC and claim dividends.
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Intimation To Shareholders Holding Shares In Physical Form
26 Aug - Dispatching SEBI-mandated PAN/KYC/nomination update notices to physical shareholders; ref June 23, 2025 circular.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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Aug 2025TranscriptNotesPPT
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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]