Godfrey Phillips India LT

NSE: GODFRYPHLP · Cigarettes & Tobacco Products · sector

₹1,664.00NSE close 2026-10-26

Key numbers

Market cap₹25,958 cr

Price₹1,664.00

52w high / low₹3,437 / ₹1,664

P/E19.0xSector median 10.3x

P/B4.2xSector median 2.7x

Book value₹398.2

Dividend yield2.22%Sector median 2.22%

ROE23.9%Sector median 14.7%

ROCE23.9%Sector median 17.6%

OPM12.8%Sector median 14.8%

Debt / equity0.02xSector median 0.01x

EV/EBITDA17.8xSector median 13.7x

Interest cover131.9x

Current ratio2.44x

Sales growth 3y+28.9%Sector median +17.9%

Profit growth 3y+30.3%Sector median +30.3%

PEG0.63x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 6 companies in Cigarettes & Tobacco Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹598 cr vs borrowings ₹95 cr (FY26): cash is higher (net cash).
Operating profit covered interest 131.9x in the last 12 months.
0.21% of the promoters' shares are pledged (0.1% of all shares).
Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY24).
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 15% of net profit in the last 12 months.
Debtor days went from 12 (FY24) to 36 (FY26).
Dividend paid in 5 of the last 5 financial years.
Price ₹1,664.00 on 2026-10-26: -51.6% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹11,064.00 · low ₹1,664.00

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1,651	1,896	1,888	1,813	1,632	2,190	3,486	3,820
EBITDA	272	359	269	338	314	380	553	181
OPM %	16.5%	18.9%	14.3%	18.6%	19.3%	17.4%	15.9%	4.8%
Other income	51	47	78	77	37	45	46	78
Net profit	248	316	279	356	305	343	522	198
EPS (₹)	15.97	20.32	17.96	22.84	19.56	22.01	33.43	12.72
Revenue YoY					-1.2%	+15.5%	+84.6%	+110.6%
Profit YoY					+22.8%	+8.7%	+86.7%	-44.3%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	3,229	4,260	5,305	6,767	9,121	11,127
EBITDA	633	804	892	1,177	1,585	1,429
Net profit	438	690	883	1,072	1,526	1,368
EPS (₹)	28.08	44.27	56.62	68.94	97.84	87.72
Revenue growth		+31.9%	+24.5%	+27.6%	+34.8%	+53.5%
Profit growth		+57.6%	+27.9%	+21.4%	+42.4%	+14.0%
Dividend / share (₹)	24.00	28.00	44.00	91.00	77.00

Compounded growth	3 years	5 years	Last 12 months
Sales	+28.9%	+25.2%	+53.5%
Net profit	+30.3%	+32.3%	+14.0%
EPS	+30.3%	+32.3%	–
Share price	–	-10.9% (2y)	-48.1%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	3,548	4,232	5,246	6,212
Borrowings	–	36	45	31	95
Cash & equivalents	–	179	183	209	598
Total assets	–	4,968	5,843	6,969	8,310
Fixed assets	–	603	595	554	653
Capital work in progress	–	22	10	23	168
Investments	–	2,530	2,843	3,018	2,733
Receivables	–	150	173	516	907
Inventory	–	928	1,442	1,997	2,264
Payables	–	365	467	500	532

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	479	736	290	107	518
Cash from investing	-234	-541	55	402	27
Cash from financing	-238	-206	-349	-491	-619
Capex	83	87	100	168	312
Free cash flow	395	649	190	-60	206

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	19.5%	20.9%	20.4%	24.6%
ROCE %	–	22.8%	22.5%	24.2%	26.5%
Debtor days	–	13	12	28	36
Inventory days	–	190	215	224	233
Payable days	–	75	70	56	55
Cash conversion cycle (days)	–	128	157	196	214
Working capital days	–	33	55	85	104

Shareholding

Holder	% (2026-09-30)
Promoters	72.58%
FIIs	7.86%
DIIs	3.50%
of which Mutual funds	3.29%
of which Insurance	0.04%
Government	0.02%
Public (non-institutions)	16.04%

Quarter	Mar 2025	Jun 2025	Sep 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	72.58%	72.58%	72.58%	72.58%	72.58%	72.58%	72.58%	72.58%

Promoter group	%
K K Modi Investment and Financial Services Private Limited	29.85%
Philip Morris Global Brands INC	25.10%
Good Investment (India) Ltd	8.29%
Quick Investment (India) Ltd	4.30%
Super Investment (India) Limited	1.01%
K K Modi & Bina Modi Trustees -indofil Senior Executives (Offices) Welfare Trust	0.74%
K K Modi & Bina Modi Trustees -indofil Junior Employees (Factory) Welfare Trust	0.73%
K K Modi & Bina Modi Trustees - Indofil Senior Executives (Factory) Welfare Trust	0.59%
K K Modi & Bina Modi Trustees - Indofil Junior Employees (Offices) Welfare Trust	0.59%
K K Modi & Bina Modi Trustees- Indofil Senior Executives (Factory) Benefit Trust	0.27%
HMA Udyog Private Limited	0.24%
K K Modi & Bina Modi Trustees- Indofil Junior Employees (Offices) Benefit Trust	0.21%
K K Modi & Bina Modi Trustees- Indofil Junior Employees (Factory) Benefit Trust	0.19%
Swasth Investment PVT Ltd	0.15%
Longwell Investment PVT Ltd	0.15%

Public holders above 1%	%
Jupiter India Fund	2.96%
The Jupiter Global Fund - Jupiter India Select	1.47%
HSBC Mutual Fund - HSBC Midcap Fund	1.46%

1,61,267 shareholders. Pledged: 0.21% of promoter shares.

Peers in Cigarettes & Tobacco Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
GODFRYPHLP	₹25,958 cr	19.0x	4.2x	23.9%	23.9%	12.8%	+28.9%	2.22%
VSTIND	₹3,319 cr	11.9x	2.3x	20.1%	25.8%	16.9%	+7.0%	5.11%
ELITECON	₹1,069 cr	2.9x	3.1x	86.4%	45.6%	4.5%	+344.1%	0.30%
NTCIND	₹179 cr	8.7x	0.9x	9.3%	11.2%	16.8%	+39.0%	–
SINNAR	₹25 cr	34.6x	5.8x	-5.8%	-6.0%	-5.9%	-7.5%	–
RAGHUNAT	₹5 cr	4.3x	0.3x	6.5%	7.8%	29.8%	+6.5%	–

All 6 companies in Cigarettes & Tobacco Products →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Cigarettes, Tobacco and related Products	₹9,008 cr	98.8%	₹1,480 cr	16.4%
Others	₹113 cr	1.2%	₹-3 cr	-2.4%

Dividends & corporate actions

Ex-date	Action	Detail
2026-08-11	Dividend	Dividend - Rs 33 Per Sh
2025-11-10	Dividend	Interim Dividend - Rs 17 Per Share
2025-09-16	Bonus	Bonus 2:1
2025-08-22	Dividend	Dividend - Rs 60 Per Share
2024-11-29	Dividend	Interim Dividend - Rs 35 Per Share
2024-08-23	Dividend	Annual General Meeting / Dividend - Rs 56 Per Share
2023-08-11	Dividend	Annual General Meeting/Dividend - Rs 44 Per Share
2022-08-11	Dividend	Annual General Meeting/Dividend - Rs 28 Per Share
2021-07-28	Dividend	Annual General Meeting/Dividend - Rs 24 Per Share
2020-09-24	Other	Annual General Meeting
2020-03-17	Dividend	Interim Dividend - Rs 24 Per Share
2019-09-13	Dividend	Annual General Meeting/Dividend - Rs 10 Per Share
2018-09-17	Dividend	Annual General Meeting/Dividend- Rs 8 Per Share
2017-09-07	Dividend	Annual General Meeting/Dividend - Rs 8/- Per Share
2016-09-16	Dividend	Annual General Meeting And Dividend Rs.8/- Per Share
2015-09-21	Dividend	Annual General Meeting/ Dividend - Rs 8/- Per Share
2014-11-28	Split	Face Value Split From Rs 10/- Per Share To Rs 2/- Per Share
2014-09-15	Dividend	Annual General Meeting/Dividend - Rs.40/- Per Share
2013-09-05	Dividend	Annual General Meeting And Dividend Rs.40/- Per Share
2012-08-30	Dividend	Annual General Meeting / Dividend Rs 40 Per Share

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Food Beverages and Tobacco Products: GPIL is primarily engaged in the manufacturing and sale of cigarettes and other tobacco product.
Trading: Wholesale Trading: GPIL is also involved in the trading of unmanufactured tobacco. The Company procures tobacco leaves from farmers and traders and processes them for sale.


Sector	Fast Moving Consumer Goods
Industry	Cigarettes & Tobacco Products
Sub-industry	Cigarettes & Tobacco Products
Symbol	GODFRYPHLP
BSE code	500163
ISIN	INE260B01028
Face value	₹2.0
Incorporated	1936-12-03
Website	www.godfreyphillips.co.in
Plants (India / abroad)	3 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.