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 ₹ 33,692 Cr.
- Current Price ₹ 1,000
- High / Low ₹ 1,314 / 642
- Stock P/E 48.8
- Book Value ₹ 252
- Dividend Yield 0.00 %
- ROCE 5.59 %
- ROE 0.65 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 3.97 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 6.83% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.2,426 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
Sector: Chemicals Industry: Chemicals
Part of BSE 250 SmallCap Index Nifty LargeMidcap 250 BSE Allcap BSE Industrials BSE MidCap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6,866 | 7,799 | 9,101 | 7,454 | 8,365 | 9,076 | 10,848 | 11,291 | 9,334 | 14,130 | 16,740 | 16,601 | 17,210 | |
6,491 | 7,343 | 8,615 | 7,061 | 7,708 | 8,805 | 10,233 | 10,479 | 9,020 | 13,083 | 15,230 | 15,406 | 15,966 | |
Operating Profit | 375 | 455 | 487 | 392 | 657 | 271 | 615 | 812 | 314 | 1,047 | 1,510 | 1,195 | 1,244 |
OPM % | 5% | 6% | 5% | 5% | 8% | 3% | 6% | 7% | 3% | 7% | 9% | 7% | 7% |
220 | 201 | 317 | 255 | 520 | 915 | 1,142 | 996 | 1,015 | 1,132 | 1,418 | 1,493 | 2,426 | |
Interest | 110 | 119 | 192 | 343 | 402 | 413 | 508 | 491 | 469 | 623 | 943 | 1,352 | 1,626 |
Depreciation | 59 | 70 | 93 | 117 | 148 | 175 | 163 | 234 | 242 | 274 | 305 | 371 | 405 |
Profit before tax | 426 | 467 | 519 | 187 | 626 | 597 | 1,086 | 1,083 | 617 | 1,282 | 1,681 | 964 | 1,639 |
Tax % | 32% | 37% | 26% | 58% | 27% | 19% | 20% | 25% | 37% | 23% | 15% | 38% | |
467 | 469 | 589 | 323 | 459 | 484 | 864 | 812 | 391 | 992 | 1,421 | 595 | 1,269 | |
EPS in Rs | 11.66 | 9.72 | 11.98 | 4.78 | 7.63 | 10.05 | 17.53 | 16.46 | 9.94 | 19.42 | 28.96 | 1.78 | 12.02 |
Dividend Payout % | 15% | 18% | 15% | 37% | 23% | 17% | 7% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 21% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | -15% |
5 Years: | -36% |
3 Years: | -45% |
TTM: | -21% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 18% |
3 Years: | 18% |
1 Year: | 50% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 34 | 33 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 |
Reserves | 3,072 | 2,701 | 3,194 | 2,968 | 3,162 | 3,301 | 4,313 | 5,755 | 7,520 | 7,093 | 7,951 | 7,968 | 8,458 |
2,829 | 4,167 | 5,885 | 7,200 | 7,554 | 6,918 | 7,116 | 7,275 | 10,071 | 14,506 | 19,642 | 28,996 | 35,184 | |
3,490 | 4,307 | 4,392 | 3,931 | 4,241 | 6,500 | 6,530 | 7,143 | 11,157 | 12,202 | 16,117 | 24,331 | 27,872 | |
Total Liabilities | 9,424 | 11,208 | 13,504 | 14,133 | 14,991 | 16,753 | 17,993 | 20,207 | 28,781 | 33,835 | 43,744 | 61,329 | 71,547 |
1,170 | 1,650 | 1,837 | 2,828 | 3,281 | 3,302 | 3,824 | 4,049 | 4,520 | 4,971 | 5,269 | 6,365 | 6,809 | |
CWIP | 628 | 466 | 775 | 274 | 54 | 271 | 202 | 334 | 444 | 483 | 942 | 462 | 262 |
Investments | 1,362 | 2,336 | 2,691 | 3,052 | 3,203 | 4,137 | 5,473 | 6,594 | 9,952 | 9,609 | 8,009 | 8,669 | 9,502 |
6,264 | 6,757 | 8,202 | 7,979 | 8,452 | 9,042 | 8,494 | 9,229 | 13,866 | 18,772 | 29,525 | 45,832 | 54,973 | |
Total Assets | 9,424 | 11,208 | 13,504 | 14,133 | 14,991 | 16,753 | 17,993 | 20,207 | 28,781 | 33,835 | 43,744 | 61,329 | 71,547 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
345 | -394 | -1,050 | 199 | 569 | 1,689 | 1,240 | 392 | -672 | -1,756 | -4,409 | -4,284 | |
-767 | -901 | -459 | -185 | -234 | -1,016 | -1,360 | -1,874 | -5,147 | 46 | 1,851 | -2,646 | |
403 | 1,420 | 1,409 | 2 | -528 | -959 | 1,056 | 1,349 | 5,772 | 1,916 | 3,535 | 7,219 | |
Net Cash Flow | -19 | 126 | -99 | 16 | -193 | -286 | 936 | -133 | -47 | 206 | 977 | 288 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 25 | 25 | 25 | 42 | 40 | 40 | 39 | 50 | 60 | 43 | 33 | 28 |
Inventory Days | 277 | 290 | 325 | 437 | 356 | 299 | 161 | 171 | 594 | 335 | 913 | 1,952 |
Days Payable | 131 | 131 | 109 | 103 | 120 | 101 | 88 | 117 | 327 | 162 | 318 | 398 |
Cash Conversion Cycle | 171 | 184 | 241 | 376 | 276 | 238 | 111 | 104 | 327 | 217 | 627 | 1,581 |
Working Capital Days | 139 | 132 | 162 | 217 | 202 | 76 | 73 | 110 | 257 | 217 | 247 | 344 |
ROCE % | 6% | 6% | 5% | 4% | 8% | 7% | 11% | 10% | 5% | 8% | 8% | 6% |
Documents
Announcements
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Constitution Of Environment, Sustainability And Governance (ESG) Committee Of The Board Of Godrej Industries Limited
13 Nov - Constitution of ESG Committee by Godrej Industries.
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Approval Of Key Information Document For Issue Of Up To 1,00,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures Aggregating Up To INR 1,000 Crore On Private Placement Basis, In One Or More Tranches.
13 Nov - Approval for issuance of ₹1000 Crore debentures.
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Announcement under Regulation 30 (LODR)-Investor Presentation
13 Nov - Approval of Q2 and H1 FY 2024-25 financial results.
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Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30, 2024
13 Nov - Board approved unaudited financial results for Q2 FY2024.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On November 13, 2024
13 Nov - Board approved unaudited financial results for Q2 FY2024.
Annual reports
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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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Financial Year 2011
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Concalls
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Nov 2024TranscriptNotesPPT
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Nov 2015TranscriptPPT
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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]