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 ₹ 41,066 Cr.
- Current Price ₹ 1,219
- High / Low ₹ 1,325 / 744
- Stock P/E 32.5
- Book Value ₹ 332
- Dividend Yield 0.00 %
- ROCE 8.84 %
- ROE 11.9 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 3.67 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.90% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.4,123 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 Industrials BSE 150 MidCap Index BSE 250 LargeMidCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,101 | 7,454 | 8,365 | 9,076 | 10,848 | 11,291 | 9,334 | 14,130 | 16,740 | 16,601 | 19,657 | 22,237 | |
| 8,615 | 7,061 | 7,708 | 8,805 | 10,233 | 10,479 | 9,020 | 13,083 | 15,230 | 15,406 | 17,553 | 19,995 | |
| Operating Profit | 487 | 392 | 657 | 271 | 615 | 812 | 314 | 1,047 | 1,510 | 1,195 | 2,104 | 2,242 |
| OPM % | 5% | 5% | 8% | 3% | 6% | 7% | 3% | 7% | 9% | 7% | 11% | 10% |
| 317 | 255 | 520 | 915 | 1,142 | 996 | 1,015 | 1,132 | 1,418 | 1,493 | 2,636 | 4,123 | |
| Interest | 192 | 343 | 402 | 413 | 508 | 491 | 469 | 623 | 943 | 1,352 | 1,957 | 2,470 |
| Depreciation | 93 | 117 | 148 | 175 | 163 | 234 | 242 | 274 | 305 | 371 | 430 | 501 |
| Profit before tax | 519 | 187 | 626 | 597 | 1,086 | 1,083 | 617 | 1,282 | 1,681 | 964 | 2,353 | 3,393 |
| Tax % | 26% | 58% | 27% | 19% | 20% | 25% | 37% | 23% | 15% | 38% | 21% | 29% |
| 589 | 323 | 459 | 484 | 864 | 812 | 391 | 992 | 1,421 | 595 | 1,858 | 2,412 | |
| EPS in Rs | 11.98 | 4.78 | 7.63 | 10.05 | 17.53 | 16.46 | 9.94 | 19.42 | 28.96 | 1.78 | 29.14 | 36.83 |
| Dividend Payout % | 15% | 37% | 23% | 17% | 7% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 19% |
| 3 Years: | 10% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 32% |
| 3 Years: | 14% |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 17% |
| 3 Years: | 36% |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 3,194 | 2,968 | 3,162 | 3,301 | 4,313 | 5,755 | 7,520 | 7,093 | 7,951 | 7,968 | 10,118 | 11,143 |
| 5,885 | 7,200 | 7,554 | 6,918 | 7,116 | 7,275 | 10,071 | 14,506 | 19,642 | 28,996 | 38,088 | 51,564 | |
| 4,392 | 3,931 | 4,241 | 6,500 | 6,530 | 7,143 | 11,157 | 12,202 | 16,117 | 24,331 | 39,488 | 63,564 | |
| Total Liabilities | 13,504 | 14,133 | 14,991 | 16,753 | 17,993 | 20,207 | 28,781 | 33,835 | 43,744 | 61,329 | 87,728 | 126,305 |
| 1,837 | 2,828 | 3,281 | 3,302 | 3,824 | 4,049 | 4,520 | 4,971 | 5,269 | 6,365 | 6,954 | 7,359 | |
| CWIP | 775 | 274 | 54 | 271 | 202 | 334 | 444 | 483 | 942 | 462 | 258 | 406 |
| Investments | 2,691 | 3,052 | 3,203 | 4,137 | 5,473 | 6,594 | 9,952 | 9,609 | 8,009 | 8,669 | 11,165 | 11,247 |
| 8,202 | 7,979 | 8,452 | 9,042 | 8,494 | 9,229 | 13,866 | 18,772 | 29,525 | 45,832 | 69,350 | 107,292 | |
| Total Assets | 13,504 | 14,133 | 14,991 | 16,753 | 17,993 | 20,207 | 28,781 | 33,835 | 43,744 | 61,329 | 87,728 | 126,305 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1,050 | 199 | 569 | 1,689 | 1,240 | 392 | -672 | -1,756 | -4,409 | -4,284 | -5,151 | -8,855 | |
| -459 | -185 | -234 | -1,016 | -1,360 | -1,874 | -5,147 | 46 | 1,851 | -2,646 | -4,562 | 202 | |
| 1,409 | 2 | -528 | -959 | 1,056 | 1,349 | 5,772 | 1,916 | 3,535 | 7,219 | 10,689 | 8,056 | |
| Net Cash Flow | -99 | 16 | -193 | -286 | 936 | -133 | -47 | 206 | 977 | 288 | 976 | -597 |
| Free Cash Flow | -1,533 | -159 | 300 | 1,221 | 836 | 11 | -1,399 | -2,256 | -5,150 | -5,471 | -5,912 | -9,417 |
| CFO/OP | -179% | 90% | 125% | 683% | 227% | 64% | -179% | -132% | -273% | -321% | -222% | -367% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 25 | 42 | 40 | 40 | 39 | 50 | 60 | 43 | 33 | 28 | 30 | 33 |
| Inventory Days | 325 | 437 | 356 | 299 | 161 | 171 | 594 | 335 | 913 | 1,952 | 10,759 | 1,558 |
| Days Payable | 109 | 103 | 120 | 101 | 88 | 117 | 327 | 162 | 318 | 398 | 1,622 | 225 |
| Cash Conversion Cycle | 241 | 376 | 276 | 238 | 111 | 104 | 327 | 217 | 627 | 1,581 | 9,168 | 1,365 |
| Working Capital Days | 13 | -37 | -42 | -137 | -116 | -85 | -12 | -15 | -24 | -36 | 17 | 10 |
| ROCE % | 5% | 4% | 8% | 7% | 11% | 10% | 5% | 8% | 8% | 6% | 8% | 9% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Chemicals Exports as % of Revenue % of Revenue ・Standalone data |
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| Chemicals Sales Volume Growth % YoY ・Standalone data |
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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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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Submitted Regulation 74(5) depository compliance certificate for quarter ended June 30, 2026.
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
6 Jul - Intimation for allotment of Equity Shares of Godrej Industries Limited which is self-explanatory.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Jul - Please find attached intimation regarding newspaper publication dated July 3, 2026, which is self-explanatory.
- Closure of Trading Window 26 Jun
-
Announcement under Regulation 30 (LODR)-Acquisition
25 Jun - Godrej Industries completed ₹370 crore further investment in wholly owned subsidiary Godrej Investment Limited.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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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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Business Segments
Consumer (GCPL) - It includes Home care, Air Freshener, Fabric Care, Personal care like shampoo and hair color, Park Avenue, and KamaSutra. [1]