MarketFriction

Godrej Industries Ltd

NSE GODREJIND · BSE 500164 · Diversified
₹1,019.60 -1.90%
NSE close2026-10-01
52 week range744.20 - 1,443.00
Market cap₹35,561 Cr.
P/E29.6
Nifty 500Midcap 150 Price band 20% Delivery 30.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,9383,5904,5674,2484,8054,8255,7804,4605,0325,0517,6945,448
Expenses3,6723,3114,5113,9144,2304,2285,1864,0634,8984,5076,5274,873
Operating Profit266279563345755975933971345441,167575
OPM %7%8%1.2%8%12%12%10%9%2.7%11%15%11%
Other Income3973805361,0724394366951,3521,2946947841,036
Interest333348369433477505542576584626684745
Depreciation8996100101108111110114121126141133
Profit before tax2402161228734294176351,0597234861,126732
Tax %32%24%121%27%-14%25%34%31%32%27%25%29%
Net Profit164165-25641489312416725493353841523
EPS in Rs2.593.16-9.269.588.545.595.4410.377.206.0713.198.44
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7,4548,3659,07610,84811,2919,33414,13016,74016,60119,65722,23723,225
Expenses7,0617,7088,80510,23310,4799,02013,08315,23015,40617,55319,99520,806
Operating Profit3926572716158123141,0471,5101,1952,1042,2422,419
OPM %5%8%3.0%6%7%3.4%7%9%7%11%10%10%
Other Income2555209151,1429961,0151,1321,4181,4932,6364,1233,808
Interest3434024135084914696239431,3521,9572,4702,639
Depreciation117148175163234242274305371430501521
Profit before tax1876265971,0861,0836171,2821,6819642,3533,3933,067
Tax %58%27%19%20%25%37%23%15%38%21%29%
Net Profit3234594848648123919921,4215951,8582,4122,210
EPS in Rs4.787.6310.0517.5316.469.9419.4228.961.7829.1436.8334.90
Dividend Payout %37%23%17%7%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%19%10%17%
Compounded Profit Growth21%26%5%19%
Stock Price CAGR9%13%23%-12%
Return on Equity8%8%7%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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 Liabilities13,50414,13314,99116,75317,99320,20728,78133,83543,74461,32987,728125,901
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 Assets8,2027,9798,4529,0428,4949,22913,86618,77229,52545,83269,350106,889
Total Assets13,50414,13314,99116,75317,99320,20728,78133,83543,74461,32987,728125,901
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-1,0501995691,6891,240392-672-1,756-4,409-4,284-5,151-8,855
Cash from Investing Activity-459-185-234-1,016-1,360-1,874-5,147461,851-2,646-4,562244
Cash from Financing Activity1,4092-528-9591,0561,3495,7721,9163,5357,21910,6898,056
Net Cash Flow-9916-193-286936-133-47206977288976-555
Free Cash Flow-1,533-1593001,22183611-1,399-2,256-5,150-5,471-5,912-9,417
CFO/OP-179%90%125%683%227%64%-179%-132%-273%-321%-222%-367%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days254240403950604333283033
Inventory Days3254373562991611715943359131,95210,759
Days Payable109103120101881173271623183981,622
Cash Conversion Cycle2413762762381111043272176271,5819,16833
Working Capital Days13-37-42-137-116-85-12-15-24-3617-64
ROCE %5%4%8%7%11%10%5%8%8%6%8%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters67.16%67.16%67.16%67.16%67.69%65.73%69.65%70.97%71.31%74.64%74.63%74.64%
FIIs10.39%10.17%7.92%8.02%8.38%8.24%6.97%5.66%5.12%4.86%4.47%4.56%
DIIs2.34%2.90%4.86%5.01%4.76%4.42%2.49%2.54%2.77%3.29%3.47%3.47%
Public20.12%19.77%20.05%19.81%19.17%21.61%20.89%20.83%20.81%17.22%17.43%17.32%
No. of Shareholders91,44194,14790,39995,33887,92285,79787,74484,61082,21981,88984,01484,502

Fundamentals

Market Cap₹ 35,561 Cr.
Current Price₹ 1,056
Stock P/E29.6
Book Value₹ 332
ROCE8.17 %
ROE9.26 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)19%
Consolidated figures.
Valuation
Market capRs 34,341 Cr
Enterprise valueRs 78,978 Cr
P/E (TTM)29.21x
Price to book3.07x
Price to sales1.48x
EV / EBITDA12.68x
EV / EBIT13.84x
EV / sales3.40x
Earnings yield3.42%
P/E, 3-year average166.18x
P/B, 3-year average3.10x
P/E, 5-year average107.27x
P/B, 5-year average2.64x
Profitability
Operating margin (excl. other income)10.08%
Operating margin (incl. other income)28.62%
EBITDA margin26.81%
Pre-tax margin13.21%
Net profit margin5.06%
Net margin, latest quarter5.22%
ROE11.63%
ROCE10.57%
ROA1.16%
ROE, 3-year average7.73%
ROCE, 3-year average9.28%
ROA, 3-year average0.86%
ROE, 5-year average9.00%
ROCE, 5-year average9.64%
ROA, 5-year average1.44%
ROIC (approx.)7.27%
Tax rate28.92%
Other income / net worth36.89%
Growth
Sales growth (latest year)13.12%
Profit growth (latest year)26.41%
Sales CAGR, 3 years9.93%
Sales CAGR, 5 years18.96%
Profit CAGR, 3 years8.37%
Profit CAGR, 5 years29.96%
Sales growth QoQ-29.19%
Profit growth QoQ-36.00%
Sales growth YoY (latest quarter)22.16%
Profit growth YoY (latest quarter)-18.57%
Per share
EPS (TTM)Rs 34.91
EPS (latest year)Rs 36.83
EPS (latest quarter)Rs 8.44
EPS, 3-year averageRs 22.59
EPS, 5-year averageRs 23.23
Book value per shareRs 331.84
Sales per shareRs 689.57
Cash flow per shareRs -262.91
Free cash flow per shareRs -279.60
Efficiency
Asset turnover0.18x
Fixed asset turnover3.03x
Inventory turnover0.25x
Inventory days1458 days
Debtor days33 days
Debtors turnover11.06x
Creditor days1622 days
Cash conversion cycle33 days
Working capital days-64 days
Leverage
Total debtRs 51,564 Cr
Cash and bankRs 6,927 Cr
Net debtRs 44,637 Cr
Debt to equity4.61x
Net debt / EBITDA7.17x
Interest coverage2.16x
Current ratio (filing 2026-03-31)1.09x
Quick ratio (filing 2026-03-31)0.35x
Trade payables (filing 2026-03-31)Rs 8,657 Cr
Owners' fund to total sources8.88%
Debt to assets40.96%
Cash flow
Cash from Operating Activity (latest year)Rs -8,855 Cr
Cash from Investing Activity (latest year)Rs 244 Cr
Cash from Financing Activity (latest year)Rs 8,056 Cr
Net Cash Flow (latest year)Rs -555 Cr
Free cash flow (latest year)Rs -9,417 Cr
FCFE (approx.: FCF + change in debt)Rs 4,060 Cr
Cash from ops / profit, 5 years-3.36x
Statement figures
Net sales (TTM)Rs 23,225 Cr
Net sales (latest year)Rs 22,237 Cr
Sales (latest quarter)Rs 5,448 Cr
Operating profit excl. other income (latest year)Rs 2,242 Cr
Operating profit (latest quarter)Rs 575 Cr
Other income (TTM)Rs 3,808 Cr
EBITDA (TTM)Rs 6,227 Cr
PBDT (TTM)Rs 3,588 Cr
Profit before tax (TTM)Rs 3,067 Cr
Tax (latest year)Rs 982 Cr
Net profit (TTM)Rs 1,176 Cr
Net profit (latest year)Rs 1,241 Cr
Net profit (latest quarter)Rs 284 Cr
Depreciation (TTM)Rs 521 Cr
Depreciation (latest quarter)Rs 133 Cr
Interest (TTM)Rs 2,639 Cr
Cost of goods sold (latest year)Rs 14,993 Cr
Total expenditure (latest year)Rs 19,995 Cr
Total income (latest year)Rs 26,360 Cr
Share capitalRs 34 Cr
ReservesRs 11,143 Cr
Shareholders' fundsRs 11,176 Cr
Total assetsRs 125,901 Cr
Net blockRs 7,333 Cr
Capital work in progressRs 432 Cr
InvestmentsRs 11,247 Cr
ReceivablesRs 2,010 Cr
InventoryRs 59,872 Cr
Other liabilitiesRs 63,160 Cr
Shares outstanding (crore)33.68
Ownership
Promoter holding74.64% (+3.67 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 29.2 is at the 42th percentile of its own 8.8-year range (median 33.0, low 15.1, high 87.1).
P/B 3.07 is at the 41th percentile (median 3.29).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGODREJINDNifty 50Difference
1 week-7.2%-2.8% -4.4 pts
1 month-11.6%-6.8% -4.8 pts
3 months-15.7%-7.6% -8.1 pts
6 months+36.1%+0.4% +35.7 pts
1 year-15.9%-9.9% -6.0 pts
2 years-17.6%-13.6% -4.1 pts
3 years+79.0%+14.2% +64.8 pts
5 years+80.5%+27.9% +52.6 pts
59 mutual fund schemes hold about ₹1,128 Cr. Over three months 52 bought more and 3 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Tata Small Cap Fund3.42%448 +10%
Bandhan Small Cap Fund0.76%260 -1%
Tata Large & Mid Cap Fund2.58%198 +18%
Bandhan Large & Mid Cap Fund0.36%76 +296%
WOC Mid Cap Fund0.51%38 -6%
Tata Retirement Sav Fund - Prog Plan1.28%29 +10%
Tata Retirement Sav Fund - Mod Plan1.22%27 +11%
WOC Large & Mid Cap Fund0.47%12 +5%
WOC Multi Cap Fund0.20%8 +1%
Tata Children's Fund1.71%6 +16%
Motilal Oswal Nifty Midcap 150 Index Fund0.12%5 +10%
Quantum Small Cap Fund1.59%4 +12%
Nippon India Nifty Midcap 150 Index Fund0.12%3 +8%
HDFC BSE India Sector Leaders Index Fund1.04%2 +13%
ICICI Pru Nifty Midcap 150 Index Fund0.12%2 +10%
SBI Nifty Midcap 150 Index Fund0.12%1 +9%
Zerodha Nifty LargeMidcap 250 Index Fund0.06%1 +11%
Nippon India Nifty 500 Equal Weight Index Fund0.17%1 -2%
HDFC NIFTY Midcap 150 Index Fund0.12%1 +9%
Motilal Oswal Nifty 500 Index Fund0.02%1 +14%
Aditya Birla SL Nifty Midcap 150 Index Fund0.11%1 +9%
Navi Nifty Midcap 150 Index Fund0.11%0 +10%
Tata Retirement Sav Fund - Cons Plan0.27%0 +13%
Tata Nifty Midcap 150 Index Fund0.12%0 +10%
JioBlackRock Nifty Midcap 150 Index Fund0.12%0 +10%

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was -802% of net profit over the last 3 years
lookInventory outrunning sales Inventory grew 72% vs sales +13% in 2026
lookProfit leans on other income Other income was 122% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2021-06-29Anamudi Real Estates LLPPromoter Groupsell6,633,552Rs 381.33 CrMarket Sale
2021-06-29TAD Family TrustPromoter Groupbuy2,520,068Rs 144.90 CrMarket Purchase
2021-06-29NG Family TrustPromoter Groupbuy2,520,069Rs 144.90 CrMarket Purchase
2021-06-29PG FAMILY TRUSTPromoter Groupbuy2,520,069Rs 144.90 CrMarket Purchase
2021-06-29HNG Family TrustPromoter Groupbuy2,520,068Rs 144.90 CrMarket Purchase
2021-06-29BNG Family TrustPromoter Groupbuy2,520,069Rs 144.90 CrMarket Purchase
2021-06-29SNG Family TrustPromoter Groupbuy2,520,068Rs 144.90 CrMarket Purchase
2021-06-29Godrej Seeds & Genetics LimitedPromoter Groupsell8,486,859Rs 487.87 CrMarket Sale
2021-06-28Shailesh S DeshpandeEmployees/Designated Employesell3,000Rs 0.17 CrMarket Sale
2021-03-31Nitin NabarDirectorsell4,000Rs 0.19 CrMarket Sale
2021-03-31AREL ENTERPRISE LLPPromoter Groupbuy91,807Rs 5.04 CrMarket Purchase
2021-03-30Nitin NabarDirectorsell4,000Rs 0.22 CrMarket Sale
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹5,448 Cr +22.2% vs Jun 2025. Net profit ₹523 Cr -27.9%.
Against our estimate for Jun 2026: sales +2.7%, profit -4.8% in line. Our estimate for Sep 2026: sales Rs 6,423 Cr, profit Rs 623 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-08-05Annual General Meeting
2023-08-03Annual General Meeting
2022-08-03Annual General Meeting
2021-08-04 Annual General Meeting
2020-08-04 Annual General Meeting
2019-08-02 Annual General Meeting/ Dividend - Re 1.15
2018-08-02 Dividend- Rs 1.75 Per Share
2017-08-02 Dividend - Rs 1.75 Per Share
2016-03-15 Interim Dividend - Re 1.75 Per Share (Purpose Revised)
2015-07-31Annual General Meeting/ Dividend - Rs 1.75/- Per Share
2015-01-05Bonus 1 : 12500.9992
2014-07-31Annual General Meeting / Final Dividend - Rs 1.75/- Per Share
2013-08-01Annual General Meeting / Dividend - Rs.1.75/- Per Equity Share
2012-08-02Annual General Meeting/Dividend Rs 1.75 Per Share
2011-07-21Annual General Meeting And Dividend Rs.1.75 Per Share
2010-07-16Final Dividend-Rs.1.50 Per Share
2009-07-20Agm/Div.Rs.1.25/-Pershare
2008-07-18Agm/Dividend-125%
2007-07-18Agm/Div-Re.1/- Per Sh
2006-08-25Fv Split Rs.6/- To Re.1/0.1667
2006-07-13Agm/Div-Rs.5/- Per Sh
DateTypeWhat it says
2026-09-25Shareholder meetingVoting results.
2026-09-25AcquisitionAcquisition.
2026-09-24General UpdatesPlease find attached intimation which is self-explanatory.
2026-09-18AllotmentAllotment of 75,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures.
2026-09-11General UpdatesApproval of Key Information Document for issue of up to 75,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures aggregating up to Rs. ...
2026-08-27UpdatesPlease find attached a copy of intimation sent to Shareholders holding shares in physical form.
2026-08-24Press ReleasePlease find enclosed Press release dated August 24, 2026.
2026-08-21Shareholder meetingNotice of Postal Ballot dated August 13, 2026
2026-08-14Shareholder meetingVoting results.
2026-08-13Shareholder meetingProceedings of 38th Annual General Meeting held on August 13, 2026
2026-08-13AppointmentPlease find enclosed intimation for Change in Management of Company which is self-explanatory in nature.
2026-08-13General UpdatesPlease find enclosed herewith Performance Update for the Quarter ended June 30, 2026
2026-08-13Board meeting outcomeOutcome of Board Meeting held on August 13, 2026.
2026-08-13Board meeting outcomeOutcome of Board Meeting held on August 13, 2026.
2026-08-13Board meeting outcomeGodrej Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-22General UpdatesDispatch of Letters to Shareholders under Regulation 36(1)(b) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
2026-07-20UpdatesBusiness Responsibility and Sustainability Report for FY 2025-26.
2026-07-20Shareholder meetingNotice of Annual General Meeting to be held on August 13, 2026
2026-07-06AllotmentAllotment of 46,213 securities pursuant to ESOP/ESPS on July 6, 2026
2026-06-25General UpdatesAcquisition
2026-06-24AllotmentAllotment of 1,00,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures.
2026-06-23Shareholder meetingVoting results.
2026-06-22Director changeChange in Director(s) of the company.
2026-06-18General UpdatesApproval of Key Information Document for issue of up to 1,00,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures aggregating up to Rs...
2026-06-17Disclosure under SEBI TakeovNadir Godrej has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqu...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2018-02-09CESTATGODREJ INDUSTRIES LTD ---VS.--- JAIPUR-I
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Godrej Industries Ltd?

Godrej Industries Ltd (GODREJIND) has a market capitalisation of Rs 35,561 Cr. at the 2026-10-01 close.

What is the P/E ratio of Godrej Industries Ltd?

Godrej Industries Ltd trades at a P/E of 29.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Godrej Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Godrej Industries Ltd sales was Rs 5,448 Cr (+22.2% vs Jun 2025) and net profit was Rs 523 Cr.

What is the 52-week high and low of Godrej Industries Ltd?

The 52-week high is Rs 1,443.00 and the 52-week low is Rs 744.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03