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Not investment advice. Data and computed figures, for information only.

Godfrey Phillips India Ltd

NSE: GODFRYPHLPF&O
₹1,837.50
−₹22.50 (−1.21%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹28,283 Cr
CMP
₹1,837.50
52-wk High / Low
₹3,468 / 1,770
P/E
20.7
P/B
4.6
Book Value
₹398.0
Div Yield
2.76%
ROCE
30.0%
ROE
23.4%
Face Value
₹2
D/E
0.04

Price−45.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹936
√(22.5 × EPS × book value per share)
ROIC
17.9%
vs 13.1% sector median
Cash flow to profit
0.34
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−774
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
10.0%
ROE × earnings retention ratio
ROE stability
3.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.11DII +0.38
Latest quarter vs the previous one
Cash-accrual divergence
13.2%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 17% vs the 2022 sector median of 16%)
+PE of 20.7x is below the sector median of 34.6x
Watch-outs
−Borrowings are up 77.3% since FY2016 (132 to 234)
−Price trades below its 200-day moving average (0.9x)
−Price is 47.0% below its 52-week high
−Annualised volatility of 46.9% is in the high band (≥45%)
−Balance-sheet accruals of 13.2% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0461,1581,2508751,0881,3601,5891,5731,4861,2891,8291,7871,206
Expenses7949341,0226858191,0831,2281,3041,1499751,4491,2351,024
Operating Profit253224228191270277361269338314380553181
OPM %24.2%19.3%18.2%21.8%24.8%20.4%22.7%17.1%22.7%24.4%20.8%30.9%15.0%
Other Income53388711440948013614110194152107
Interest7764333433333
Depreciation37363628272728422829313334
Profit before tax262219272273280341411359448383440669251
Net Profit254202212215229248316280356305343521198
EPS (₹)16.3112.9513.6113.7314.6515.9220.2517.9022.8419.5622.0133.4312.72

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,5862,3312,4032,3262,4972,8772,5252,6883,5624,0185,6116,3916,110
Expenses2,2192,0062,1492,0652,0942,2841,9842,0542,7593,1154,4344,8064,682
Operating Profit3673242542604035925416338049031,1771,5851,429
OPM %14.2%13.9%10.6%11.2%16.1%20.6%21.4%23.5%22.6%22.5%21.0%24.8%23.4%
Other Income3237477379107119114252328349489454
Interest19104213031342914121211
Depreciation108107989899155141145154108124121127
Profit before tax2712441992333835144875688731,1091,3901,9411,744
Net Profit1831701371592603853764386908841,0721,5261,368
EPS (₹)11.7510.888.8010.2016.6924.6724.1428.0844.2656.6168.7297.8487.72

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital101010101010101010101031—
Reserves1,3021,5661,6501,7832,0282,1772,5722,9173,5384,2225,2356,181—
Borrowings277132732842357396337355345179234—
Other Liabilities4844524746447857517548371,0651,2661,5441,864—
Total Liabilities2,0732,1592,2082,4652,8663,2953,7324,1024,9685,8436,9698,310—
Fixed Assets6756957006506941,0151,034983932893732812—
CWIP6549131814172642221023168—
Investments2734105079241,2321,2511,5541,8442,6693,0003,1973,299—
Other Assets1,0601,0069878729251,0121,1181,2341,3461,9403,0174,031—
Total Assets2,0732,1592,2082,4652,8663,2953,7324,1024,9685,8436,9698,310—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity29663319245516362375310479736290107518
Cash from Investing Activity−140−32−119−125−405−310−72−298−234−5415540227
Cash from Financing Activity−158−31−197−125−99−43−303−16−238−206−359−491−619
Net Cash Flow−313−41290−46−11−1318−73

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %22.018.014.012.010.016.020.015.017.022.023.026.030.0
ROE %————————————23.4
EPS (₹)11.2511.7510.888.8010.2016.6924.6724.1428.0844.2656.6168.7297.84
Book Value (₹)————————————398.0
Face Value (₹)————————————2
P/E————————————20.7
Div Yield %————————————2.76
NPM %7.17.07.25.66.610.112.914.215.618.120.318.022.2
OPM %15.014.014.011.011.016.021.021.024.023.022.021.025.0
D/E0.200.210.080.040.020.020.160.150.120.100.080.030.04
P/B————————————4.6

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+11.0%
5 years+20.0%
3 years+22.0%
TTM+2.0%
Compounded profit growth
10 years+24.0%
5 years+34.0%
3 years+32.0%
TTM+12.0%
Stock price CAGR
10 years+15.0%
5 years+34.0%
3 years+35.0%
Last year−46.0%
Return on equity
10 years17.0%
5 years19.0%
3 years21.0%
Last year23.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters72.19%72.19%72.19%72.19%72.19%72.78%72.83%72.58%72.58%72.58%72.58%72.58%
FIIs10.78%10.78%11.92%12.36%11.70%10.55%10.16%10.05%10.76%9.72%7.91%7.80%
DIIs0.38%0.38%1.56%2.00%2.18%1.89%1.62%1.62%1.52%3.29%3.28%3.66%
Government0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.02%0.02%
Public16.60%16.60%14.28%13.40%13.89%14.73%15.35%15.69%14.67%14.36%16.20%15.93%
No. of shareholders20,00020,00020,97718,41521,65136,96930,06744,38638,48974,9941,66,8451,56,601
Change since Jun 2023 (pp)
Promoters +0.39FIIs −2.98DIIs +3.28Public −0.67

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Newspaper PublicationShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGM
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026PPTMay 2026PPTJan 2026PPTNov 2025PPTAug 2025PPT

Corporate actions

As of 11 Aug 2026
11 Aug 2026DIVIDENDDividend - Rs 33 Per Sh—
10 Nov 2025DIVIDENDInterim Dividend - Rs 17 Per Share—
16 Sep 2025BONUSBonus 2:1—
22 Aug 2025DIVIDENDDividend - Rs 60 Per Share—
29 Nov 2024DIVIDENDInterim Dividend - Rs 35 Per Share—
23 Aug 2024DIVIDENDAnnual General Meeting / Dividend - Rs 56 Per Share—
11 Aug 2023DIVIDENDAnnual General Meeting/Dividend - Rs 44 Per Share—
11 Aug 2022DIVIDENDAnnual General Meeting/Dividend - Rs 28 Per Share—
28 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 24 Per Share—
17 Mar 2020DIVIDEND Interim Dividend - Rs 24 Per Share—
13 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 10 Per Share—
17 Sep 2018DIVIDEND Annual General Meeting/Dividend- Rs 8 Per Share—
7 Sep 2017DIVIDEND Annual General Meeting/Dividend - Rs 8/- Per Share—
16 Sep 2016DIVIDEND Annual General Meeting And Dividend Rs.8/- Per Share—
21 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Rs 8/- Per Share—
28 Nov 2014SPLITFace Value Split From Rs 10/- Per Share To Rs 2/- Per Share10 : 2
15 Sep 2014DIVIDENDAnnual General Meeting/Dividend - Rs.40/- Per Share—
5 Sep 2013DIVIDENDAnnual General Meeting And Dividend Rs.40/- Per Share—
30 Aug 2012DIVIDENDAnnual General Meeting / Dividend Rs 40 Per Share—
8 Sep 2011DIVIDENDAnnual General Meeting And Dividend Rs.35/- Per Share (Bc Dates Revised)—
2 Sep 2010DIVIDENDAnnual General Meeting And Dividend Rs.25/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman