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Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Godfrey Phillips India Ltd

About the Company - Godfrey Phillips India Ltd

Godfrey Phillips India Ltd. is a Public Limited Listed company incorporated on 03/12/1936 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L16004MH1936PLC008587 and registration number is 008587. Currently Company is involved in the business activities of Retail trade, except of motor vehicles and motorcycles. Company’s Total Operating Revenue is Rs. 2674.29 Cr. and Equity Capital is Rs. 10.40 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Cigarettes & Tobacco ProductsMacropolo Building, Ground Floor, Mumbai Maharashtra 400033isc-gpi@modi-ent.com
http://www.godfreyphillips.com
Management
NamePosition Held
Dr. Bina ModiChairman & Managing Director
Mr. Samir ModiExecutive Director
Mr. Sharad AggarwalWhole Time Director
Mr. Sumant BharadwajDirector
Mr. Subramanian LakshminarayananDirector
Mr. Ajay VohraInd. Non-Executive Director
Dr. Lalit BhasinDirector
Mr. AtuI Kumar GuptaDirector
Mrs. Nirmala BagriDirector

Basic Stock Data of Godfrey Phillips India Ltd

Last Updated: July 24, 2024, 11:16 pm

Market Cap 21,698 Cr.
Current Price 4,178
High / Low4,821/1,695
Stock P/E24.6
Book Value 814
Dividend Yield1.05 %
ROCE22.6 %
ROE22.7 %
Face Value 2.00
PEG Ratio1.52

Data Source: screener.in

Godfrey Phillips India Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales7017067066116467067248281,0199207961,0461,158
Expenses547539549464498531561626779710644794934
Operating Profit154167157147147175164201241210152253224
OPM %22%24%22%24%23%25%23%24%24%23%19%24%19%
Other Income2436182835272524379445338
Interest77978811677977
Depreciation34343935363737383939373736
Profit before tax137162126132139157140159238243149262219
Tax %25%24%24%15%24%26%26%17%25%23%26%16%25%
Net Profit10312395112105117104142202199147254202
EPS in Rs19.8923.6118.3221.6120.1822.5119.9527.3738.8238.3228.2948.9438.87

Last Updated: July 10, 2024, 5:24 pm

Godfrey Phillips India Ltd Quarterly Chart

Godfrey Phillips India Ltd Profit & Loss

Last Updated: July 10, 2024, 5:24 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,9092,0962,4772,5862,3312,4032,3262,4972,8772,5252,6883,5624,250
Expenses1,5821,7692,1112,2192,0062,1492,0652,0942,2841,9842,0542,7593,394
Operating Profit328327367367324254260403592541633804856
OPM %17%16%15%14%14%11%11%16%21%21%24%23%20%
Other Income2829123237477379107119114252192
Interest32272919104213031342928
Depreciation679391108107989899155141145154147
Profit before tax257237259271244199233383514487568873873
Tax %30%28%32%33%30%31%32%32%25%23%23%21%
Net Profit181170175183170137159260385376438690816
EPS in Rs34.9032.7033.7635.2632.6326.3930.6050.0774.0272.4184.25132.80156.94
Dividend Payout %23%24%24%23%25%30%26%16%32%33%33%33%

Godfrey Phillips India Ltd Profit & Loss Yearly Chart

Godfrey Phillips India Ltd Growth

Compounded Sales Growth
10 Years:6%
5 Years:12%
3 Years:21%
TTM:24%
Compounded Profit Growth
10 Years:17%
5 Years:33%
3 Years:42%
TTM:50%
Stock Price CAGR
10 Years:23%
5 Years:43%
3 Years:59%
1 Year:149%
Return on Equity
10 Years:15%
5 Years:17%
3 Years:19%
Last Year:23%

Last Updated: July 25, 2024, 5:06 am

Godfrey Phillips India Ltd Balance Sheet

Last Updated: July 10, 2024, 5:24 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10101010101010101010101010
Reserves9261,0471,1741,3021,5661,6501,7832,0282,1772,5722,9173,5383,781
Preference Capital000000111111
Borrowings330304239277132732741356395336354347
Other Liabilities3964565184844524746457867527558381,0671,186
Total Liabilities1,6621,8171,9412,0732,1592,2082,4652,8663,2953,7324,1024,9685,323
Fixed Assets5677417076756957006506941,0151,034983932900
CWIP139164665491318141726422218
Investments3252863272734105079241,2321,2511,5541,8442,6692,730
Other Assets6317738621,0601,0069878729251,0121,1181,2341,3461,675
Total Assets1,6621,8171,9412,0732,1592,2082,4652,8663,2953,7324,1024,9685,323

Godfrey Phillips India Ltd Reserves and Borrowings Chart

Godfrey Phillips India Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 19129663319245516362375310479736290
Cash from Investing Activity -86-140-32-119-125-405-310-72-298-234-54155
Cash from Financing Activity -106-158-31-197-125-99-43-303-16-238-206-349
Net Cash Flow-1-313-41290-46-11-4

Godfrey Phillips India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days14141518172713109182115
Inventory Days182246216248257187179218199222247190
Days Payable587255494245529974707575
Cash Conversion Cycle138188176217231169140130134170192131
Working Capital Days243732648377341527495128
ROCE %23%18%22%18%14%12%10%16%20%15%17%22%

Godfrey Phillips India Ltd Financial Efficiency Indicators Chart

Godfrey Phillips India Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters72.55%72.78%72.83%72.83%72.83%72.83%72.83%72.83%72.58%72.58%72.58%72.58%
FIIs10.66%10.55%10.26%10.36%10.16%10.16%10.28%9.87%9.89%10.05%10.05%9.93%
DIIs2.16%1.89%1.67%1.66%1.64%1.62%1.61%1.62%1.61%1.62%1.49%1.55%
Government0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%
Public14.59%14.73%15.20%15.10%15.32%15.35%15.24%15.62%15.86%15.69%15.83%15.88%
No. of Shareholders34,71536,96937,84232,58030,61130,06729,94131,55340,73944,38644,56638,936

Godfrey Phillips India Ltd Shareholding Pattern Chart

No. of Godfrey Phillips India Ltd Shareholders

Godfrey Phillips India Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HSBC Midcap Fund571,9911.62129.58,4852024-07-246641.2%
Bandhan Emerging Businesses Fund43,4270.449.838,4852024-07-24411.81%
ITI Flexi Cap Fund34,9191.947.918,4852024-07-24311.54%
ICICI Prudential FMCG Fund - Dividend30,8820.496.998,4852024-07-24263.96%
ICICI Prudential FMCG Fund - Growth30,8820.496.998,4852024-07-24263.96%
Nippon India Nifty Smallcap 250 Index Fund8,4850.271.928,4852024-07-240%
Motilal Oswal Nifty Smallcap 250 Index Fund5,3270.271.218,4852024-07-24-37.22%
SBI Nifty Smallcap 250 Index Fund3,9110.270.898,4852024-07-24-53.91%
Motilal Oswal Nifty 500 Index Fund5810.020.138,4852024-07-24-93.15%
Edelweiss Nifty Smallcap 250 Index Fund1800.270.048,4852024-07-24-97.88%

Godfrey Phillips India Ltd ROCE Trend

Godfrey Phillips India Ltd EPS Trend

Godfrey Phillips India Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)169.87132.8084.2572.4174.02
Diluted EPS (Rs.)169.87132.8084.2572.4174.02
Cash EPS (Rs.)167.16146.26112.1899.68103.76
Book Value[Excl.RevalReserv]/Share (Rs.)815.07683.17563.87497.43425.97
Book Value[Incl.RevalReserv]/Share (Rs.)815.07683.17563.87497.43425.97
Revenue From Operations / Share (Rs.)849.92685.17516.90485.70553.25
PBDIT / Share (Rs.)212.77186.87143.75126.93134.33
PBIT / Share (Rs.)184.70157.32115.8299.76104.48
PBT / Share (Rs.)179.67151.74109.3093.8298.67
Net Profit / Share (Rs.)139.09116.7184.2572.5073.91
NP After MI And SOA / Share (Rs.)169.82132.8084.2572.4174.02
PBDIT Margin (%)25.0327.2727.8126.1324.28
PBIT Margin (%)21.7322.9622.4020.5318.88
PBT Margin (%)21.1422.1421.1419.3117.83
Net Profit Margin (%)16.3617.0316.2914.9213.35
NP After MI And SOA Margin (%)19.9819.3816.2914.9013.37
Return on Networth / Equity (%)20.8619.4614.9614.5817.60
Return on Capital Employeed (%)20.7420.8218.3617.6321.24
Return On Assets (%)15.1113.8910.6810.0811.67
Total Debt / Equity (X)0.010.010.010.010.01
Asset Turnover Ratio (%)0.810.820.700.730.95
Current Ratio (X)1.661.372.001.931.43
Quick Ratio (X)0.460.470.990.980.49
Inventory Turnover Ratio (X)0.911.090.800.751.11
Dividend Payout Ratio (NP) (%)0.0021.0828.480.0045.93
Dividend Payout Ratio (CP) (%)0.0017.2421.390.0032.73
Earning Retention Ratio (%)0.0078.9271.520.0054.07
Cash Earning Retention Ratio (%)0.0082.7678.610.0067.27
Interest Coverage Ratio (X)42.3333.5022.0221.4023.11
Interest Coverage Ratio (Post Tax) (X)28.6721.9213.9113.2213.71
Enterprise Value (Cr.)16083.659457.545238.714719.934892.95
EV / Net Operating Revenue (X)3.642.651.951.871.70
EV / EBITDA (X)14.549.737.017.157.01
MarketCap / Net Operating Revenue (X)3.632.651.951.881.70
Retention Ratios (%)0.0078.9171.510.0054.06
Price / BV (X)3.792.671.791.842.24
Price / Net Operating Revenue (X)3.632.651.951.881.70
EarningsYield0.050.070.080.070.07

Godfrey Phillips India Ltd Profitability Ratios (%)

Godfrey Phillips India Ltd Liquidity Ratios

Godfrey Phillips India Ltd Liquidity Ratios (%)

Godfrey Phillips India Ltd Interest Coverage Ratios (%)

Godfrey Phillips India Ltd Valuation Ratios

Fair Value

Fair Value: 4,593.27

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 9.94% compared to the current price 4178

Intrinsic Value: 5,338.25

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 27.77% compared to the current price 4178

Last 5 Year EPS CAGR: 16.22%

*Investments are subject to market risks

Strength and Weakness of Godfrey Phillips India Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 17.25%, which is a positive sign.
  2. The company has higher reserves (2,164.67 cr) compared to borrowings (240.42 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (2.15 cr) and profit (415.23 cr) over the years.
  1. The stock has a high average Working Capital Days of 43.42, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 168.00, which may not be favorable.

FAQ

What is the latest fair value of Godfrey Phillips India Ltd?

The latest fair value of Godfrey Phillips India Ltd is ₹4593.27.

What is the Market Cap of Godfrey Phillips India Ltd?

The Market Cap of Godfrey Phillips India Ltd is 21,698 Cr..

What is the current Stock Price of Godfrey Phillips India Ltd as on 25 July 2024?

The current stock price of Godfrey Phillips India Ltd as on 25 July 2024 is 4,178.

What is the High / Low of Godfrey Phillips India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Godfrey Phillips India Ltd stocks is 4,821/1,695.

What is the Stock P/E of Godfrey Phillips India Ltd?

The Stock P/E of Godfrey Phillips India Ltd is 24.6.

What is the Book Value of Godfrey Phillips India Ltd?

The Book Value of Godfrey Phillips India Ltd is 814.

What is the Dividend Yield of Godfrey Phillips India Ltd?

The Dividend Yield of Godfrey Phillips India Ltd is 1.05 %.

What is the ROCE of Godfrey Phillips India Ltd?

The ROCE of Godfrey Phillips India Ltd is 22.6 %.

What is the ROE of Godfrey Phillips India Ltd?

The ROE of Godfrey Phillips India Ltd is 22.7 %.

What is the Face Value of Godfrey Phillips India Ltd?

The Face Value of Godfrey Phillips India Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Godfrey Phillips India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE