āagman

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

Godrej Industries Ltd

NSE: GODREJIND
₹1,044.20
+₹13.70 (+1.33%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹33,193 Cr
CMP
₹1,044.20
52-wk High / Low
₹1,443 / 744
P/E
27.6
P/B
3.0
Book Value
₹332.0
Div Yield
0.00%
ROCE
8.0%
ROE
9.3%
Face Value
₹1
D/E
4.61

Price−0.4% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
2
/ 9
2 of 9 F-score tests passed
Graham Number
₹525
√(22.5 × EPS × book value per share)
ROIC
2.0%
vs 8.1% sector median
Cash flow to profit
−3.67
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+165
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
9.3%
ROE × earnings retention ratio
ROE stability
4.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.01FII +0.09DII +0.00
Latest quarter vs the previous one
Cash-accrual divergence
10.5%
of assets
Low = accruals track cash flow
Strengths
+Promoter holding rose by 7.5pp over the last year
Watch-outs
−Latest ROCE of 8% trails the sector median of 12%
−Borrowings are up 616.2% since FY2016 (7200 to 51564)
−Price trades below its 200-day moving average (1.0x)
−Piotroski F-Score of 2/9 is in the weak band (≤3)
−Balance-sheet accruals of 10.5% 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
Sales4,5063,9383,5904,5674,2484,8054,8255,7804,4605,0325,0517,6945,448
Expenses4,2643,6723,3114,5113,9144,2304,2285,1864,0634,8984,5076,5274,873
Operating Profit242266279563345755975933971345441,167575
OPM %5.4%6.8%7.8%1.2%7.9%12.0%12.4%10.3%8.9%2.7%10.8%15.2%10.6%
Other Income5323973805361,0724394366951,3521,2946947841,036
Interest303333348369433477505542576584626684745
Depreciation868996100101108111110114121126141133
Profit before tax3862402161228734294176351,0597234861,126732
Net Profit291164165−25641489312416725493353841523
EPS (₹)5.292.593.16−9.269.588.545.595.4410.377.206.0713.198.44

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
Sales9,1017,4548,3659,07610,84811,2919,33414,13016,74016,60119,65722,23723,225
Expenses8,6157,0617,7088,80510,23310,4799,02013,08315,23015,40617,55319,99520,806
Operating Profit4873926572716158123141,0471,5101,1952,1042,2422,419
OPM %5.4%5.3%7.9%3.0%5.7%7.2%3.4%7.4%9.0%7.2%10.7%10.1%10.4%
Other Income3172555209151,1429961,0151,1321,4181,4932,6364,1233,808
Interest1923434024135084914696239431,3521,9572,4702,639
Depreciation93117148175163234242274305371430501521
Profit before tax5191876265971,0861,0836171,2821,6819642,3533,3933,067
Net Profit5893234594848648123919921,4215951,8582,4122,210
EPS (₹)11.984.787.6310.0517.5316.469.9419.4228.961.7829.1436.8334.90

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital343434343434343434343434—
Reserves3,1942,9683,1623,3014,3135,7557,5207,0937,9517,96810,11811,143—
Borrowings5,8857,2007,5546,9187,1167,27510,07114,50619,64228,99638,08851,564—
Other Liabilities4,3923,9314,2416,5006,5307,14311,15712,20216,11724,33139,48863,160—
Total Liabilities13,50414,13314,99116,75317,99320,20728,78133,83543,74461,32987,7281,25,901—
Fixed Assets1,8372,8283,2813,3023,8244,0494,5204,9715,2696,3656,9547,333—
CWIP77527454271202334444483942462258432—
Investments2,6913,0523,2034,1375,4736,5949,9529,6098,0098,66911,16511,247—
Other Assets8,2027,9798,4529,0428,4949,22913,86618,77229,52545,83269,3501,06,889—
Total Assets13,50414,13314,99116,75317,99320,20728,78133,83543,74461,32987,7281,25,901—

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 Activity−394−1,0501995691,6891,240392−672−1,756−4,409−4,284−5,151−8,855
Cash from Investing Activity−901−459−185−234−1,016−1,360−1,874−5,147461,851−2,646−4,562244
Cash from Financing Activity1,4201,4092−528−9591,0561,3495,7721,9163,5357,21910,6898,056
Net Cash Flow126−9916−193−286936−133−47206977288976−555

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %6.05.04.08.07.011.010.05.08.08.06.08.08.0
ROE %————————————9.3
EPS (₹)9.7211.984.787.6310.0517.5316.469.9419.4228.961.7829.1436.83
Book Value (₹)————————————332.0
Face Value (₹)————————————1
P/E————————————27.6
Div Yield %————————————0.00
NPM %6.06.34.25.24.87.26.63.86.57.83.38.39.2
OPM %6.05.05.08.03.06.07.03.47.09.07.011.010.0
D/E1.521.822.402.362.071.641.261.332.042.463.623.754.61
P/B————————————3.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+12.0%
5 years+19.0%
3 years+10.0%
TTM+17.0%
Compounded profit growth
10 years+21.0%
5 years+26.0%
3 years+5.0%
TTM+19.0%
Stock price CAGR
10 years+8.0%
5 years+11.0%
3 years+13.0%
Last year−9.0%
Return on equity
10 years8.0%
5 years8.0%
3 years7.0%
Last year9.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.77%74.77%74.74%61.33%62.21%67.19%67.18%67.17%67.16%69.65%74.63%74.64%
FIIs14.79%14.79%12.25%12.12%11.22%7.79%9.00%10.41%7.92%6.97%4.47%4.56%
DIIs3.19%3.19%4.59%4.70%4.62%5.06%3.27%2.13%4.86%2.49%3.47%3.47%
Government————————————
Public7.17%7.17%8.42%21.85%21.95%19.95%20.55%20.28%20.05%20.89%17.43%17.32%
No. of shareholders56,09956,09968,77376,24382,87987,35795,10096,47690,39987,74484,01484,502
Change since Jun 2023 (pp)
Promoters −0.13FIIs −10.23DIIs +0.28Public +10.15

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingClosure of Trading WindowShareholder Meeting / Postal Ballot-Outcome of Postal_BallotAnnouncement under Regulation 30 (LODR)-AcquisitionSale Of Part Equity Stake In Godrej Consumer Products Limited
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026PPTMay 2026PPTFeb 2026PPTNov 2025PPTAug 2025PPT

Corporate actions

As of 2 Aug 2019
2 Aug 2019DIVIDEND Annual General Meeting/ Dividend - Re 1.15—
2 Aug 2018DIVIDEND Dividend- Rs 1.75 Per Share—
2 Aug 2017DIVIDEND Dividend - Rs 1.75 Per Share—
15 Mar 2016DIVIDEND Interim Dividend - Re 1.75 Per Share (Purpose Revised)—
31 Jul 2015DIVIDENDAnnual General Meeting/ Dividend - Rs 1.75/- Per Share—
5 Jan 2015BONUSBonus 1 : 1250—
31 Jul 2014DIVIDENDAnnual General Meeting / Final Dividend - Rs 1.75/- Per Share—
1 Aug 2013DIVIDENDAnnual General Meeting / Dividend - Rs.1.75/- Per Equity Share—
2 Aug 2012DIVIDENDAnnual General Meeting/Dividend Rs 1.75 Per Share—
21 Jul 2011DIVIDENDAnnual General Meeting And Dividend Rs.1.75 Per Share—
16 Jul 2010DIVIDENDFinal Dividend-Rs.1.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman