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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Godrej Industries Ltd

About the Company - Godrej Industries Ltd

Godrej Industries Ltd. is a Public Limited Listed company incorporated on 07/03/1988 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24241MH1988PLC097781 and registration number is 097781. Currently company belongs to the Industry of Personal Care. Company’s Total Operating Revenue is Rs. 3339.60 Cr. and Equity Capital is Rs. 33.66 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Personal CareGodrej One, Pirojshanagar, Mumbai Maharashtra 400079investor@godrejinds.com
http://www.godrejindustries.com
Management
NamePosition Held
Mr. Adi GodrejChairman Emeritus
Mr. Nadir GodrejChairman & Managing Director
Ms. Tanya DubashExecutive Director & Chief Brand Officer
Mr. Nitin NabarExecutive Director & President
Mr. Jamshyd GodrejDirector
Mr. Pirojsha GodrejDirector
Dr. Ganapati D YadavIndependent Director
Mr. Mathew EipeIndependent Director
Ms. Monaz NobleIndependent Director
Ms. Shweta BhatiaIndependent Director
Mr. Sandeep MurthyIndependent Director
Mr. Ajaykumar VaghaniIndependent Director

Godrej Industries Ltd. Share Price Update

Share PriceValue
Today₹810.40
Previous Day₹804.20

Basic Stock Data of Godrej Industries Ltd

Market Cap 27,415 Cr.
Current Price 814
High / Low912/395
Stock P/E40.8
Book Value 244
Dividend Yield0.00 %
ROCE7.81 %
ROE11.2 %
Face Value 1.00

Data Source: screener.in

Godrej Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales2,3562,6112,8903,2803,5154,4454,0254,0213,8434,8524,5063,9383,590
Expenses2,2642,6272,7483,1123,2723,9553,7083,8013,4694,2524,2643,6723,311
Operating Profit92-16142169243490317220373600242266279
OPM %4%-1%5%5%7%11%8%5%10%12%5%7%8%
Other Income292209292307225312261302413442532397380
Interest113124134147167175188223248284303333348
Depreciation62636467717272767879868996
Profit before tax2106237261230554318224460679386240216
Tax %19%1,584%22%23%20%24%19%2%17%17%24%32%24%
Net Profit171-92186201183423258219382562291164165
EPS in Rs3.92-0.474.124.274.296.756.064.649.348.915.292.593.16

Godrej Industries Ltd Quarterly Chart

Godrej Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5,5436,8667,7999,1017,4548,3659,07610,84811,2919,33414,13016,74017,138
Expenses5,2766,4917,3438,6157,0617,7088,80510,23310,4799,02013,08315,23015,658
Operating Profit2673754554873926572716158123141,0471,5101,480
OPM %5%5%6%5%5%8%3%6%7%3%7%9%9%
Other Income1902202013172555209151,1429961,0151,1321,4181,784
Interest1111101191923434024135084914696239431,167
Depreciation56597093117148175163234242274305332
Profit before tax2904264675191876265971,0861,0836171,2821,6811,765
Tax %33%32%37%26%58%27%19%20%25%37%23%15%
Net Profit3524674695893234594848648123919921,4211,400
EPS in Rs11.669.7211.984.787.6310.0517.5316.469.9419.4228.9626.13
Dividend Payout %19%15%18%15%37%23%17%7%0%0%0%0%

Godrej Industries Ltd Profit & Loss Yearly Chart

Godrej Industries Ltd Growth

Compounded Sales Growth
10 Years:9%
5 Years:13%
3 Years:14%
TTM:7%
Compounded Profit Growth
10 Years:11%
5 Years:30%
3 Years:19%
TTM:14%
Stock Price CAGR
10 Years:12%
5 Years:12%
3 Years:23%
1 Year:98%
Return on Equity
10 Years:9%
5 Years:9%
3 Years:8%
Last Year:11%

Godrej Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital32343334343434343434343434
Reserves2,3353,0722,7013,1942,9683,1623,3014,3135,7557,5207,0937,9518,190
Borrowings2,8652,8294,1675,8857,2007,5546,9187,1167,27510,07114,50619,64225,272
Other Liabilities3,1273,4904,3074,3923,9314,2416,5006,5307,14311,15712,20216,11718,771
Total Liabilities8,3599,42411,20813,50414,13314,99116,75317,99320,20728,78133,83543,74452,267
Fixed Assets1,1931,1701,6501,8372,8283,2813,3023,8244,0494,5204,9715,2695,530
CWIP21462846677527454271202334444483942994
Investments1,1531,3622,3362,6913,0523,2034,1375,4736,5949,9529,6098,0099,461
Other Assets5,7996,2646,7578,2027,9798,4529,0428,4949,22913,86618,77229,52536,282
Total Assets8,3599,42411,20813,50414,13314,99116,75317,99320,20728,78133,83543,74452,267

Godrej Industries Ltd Reserves and Borrowings Chart

Godrej Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1,241345-394-1,0501995691,6891,240392-672-1,756-4,409
Cash from Investing Activity -222-767-901-459-185-234-1,016-1,360-1,874-5,147461,851
Cash from Financing Activity 1,4724031,4201,4092-528-9591,0561,3495,7721,9163,535
Net Cash Flow10-19126-9916-193-286936-133-47206977

Godrej Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days292525254240403950604333
Inventory Days298277290325437356299161171594335913
Days Payable17913113110910312010188117327162318
Cash Conversion Cycle147171184241376276238111104327217627
Working Capital Days1531391321622172027673110257217247
ROCE %5%6%6%5%4%8%7%11%10%5%8%8%

Godrej Industries Ltd Financial Efficiency Indicators Chart

Godrej Industries Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters67.19%67.19%67.18%67.18%67.18%67.18%67.17%67.17%67.17%67.17%67.16%67.16%
FIIs7.79%7.76%8.45%8.62%9.00%8.89%8.96%9.79%10.41%10.76%10.39%10.17%
DIIs5.06%5.17%3.76%3.77%3.27%3.19%3.00%2.82%2.13%1.84%2.34%2.90%
Public19.95%19.88%20.61%20.43%20.55%20.74%20.86%20.22%20.28%20.23%20.12%19.77%
No. of Shareholders87,35787,38195,26489,89095,10098,4551,05,57094,91896,47692,34291,44194,147

Godrej Industries Ltd Shareholding Pattern Chart

No. of Godrej Industries Ltd Shareholders

Godrej Industries Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Mahindra Manulife Small Cap Fund10918963.0668.65
Mahindra Manulife Mid Cap Fund3606251.4622.67
Bandhan Emerging Businesses Fund3524710.9922.16
Mahindra Manulife Business Cycle Fund1805812.411.35
Samco Active Momentum Fund900001.315.66
Samco ELSS Tax Saver Fund390003.672.45
Motilal Oswal Nifty Midcap 150 Index Fund297700.181.87
Nippon India ETF Nifty Midcap 150269050.181.69
Nippon India Nifty Midcap 150 Index Fund249520.181.57
Mirae Asset Nifty Midcap 150 ETF149440.180.94

Godrej Industries Ltd ROCE Trend

Godrej Industries Ltd EPS Trend

Godrej Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)28.9619.429.9416.4117.53
Diluted EPS (Rs.)28.9519.429.9416.4117.52
Cash EPS (Rs.)39.5029.158.3423.2113.51
Book Value[Excl.RevalReserv]/Share (Rs.)424.86388.62397.22277.78194.96
Book Value[Incl.RevalReserv]/Share (Rs.)424.86388.62397.22277.78194.96
Revenue From Operations / Share (Rs.)497.33419.79277.29335.53322.48
PBDIT / Share (Rs.)75.2358.7628.9641.0934.82
PBIT / Share (Rs.)66.1950.6421.7634.1529.97
PBT / Share (Rs.)38.1829.637.8319.2017.50
Net Profit / Share (Rs.)30.4621.021.1416.268.66
NP After MI And SOA / Share (Rs.)28.9619.429.9416.4117.52
PBDIT Margin (%)15.1213.9910.4412.2410.79
PBIT Margin (%)13.3012.067.8410.179.29
PBT Margin (%)7.677.052.825.725.42
Net Profit Margin (%)6.125.000.414.842.68
NP After MI And SOA Margin (%)5.824.623.584.895.43
Return on Networth / Equity (%)12.209.174.429.5413.56
Return on Capital Employeed (%)10.208.984.3111.1612.47
Return On Assets (%)2.211.921.152.693.22
Long Term Debt / Equity (X)0.880.760.410.100.27
Total Debt / Equity (X)2.442.031.291.151.57
Asset Turnover Ratio (%)0.200.170.130.160.19
Current Ratio (X)1.181.351.461.040.85
Quick Ratio (X)0.540.840.940.720.51
Inventory Turnover Ratio (X)0.710.680.740.630.50
Dividend Payout Ratio (NP) (%)6.649.2412.8513.5516.14
Dividend Payout Ratio (CP) (%)5.056.517.459.5212.64
Earning Retention Ratio (%)93.3690.7687.1586.4583.86
Cash Earning Retention Ratio (%)94.9593.4992.5590.4887.36
Interest Coverage Ratio (X)2.693.172.082.812.31
Interest Coverage Ratio (Post Tax) (X)2.092.271.081.781.55
Enterprise Value (Cr.)36408.7634165.4432983.6518772.0326122.80
EV / Net Operating Revenue (X)2.172.423.531.662.41
EV / EBITDA (X)14.3817.2733.8413.5822.30
MarketCap / Net Operating Revenue (X)0.811.101.960.841.66
Retention Ratios (%)93.3590.7587.1486.4483.85
Price / BV (X)1.702.192.421.654.15
Price / Net Operating Revenue (X)0.811.101.960.841.66
EarningsYield0.070.040.010.050.03

Godrej Industries Ltd Profitability Ratios (%)

Godrej Industries Ltd Liquidity Ratios

Godrej Industries Ltd Liquidity Ratios (%)

Godrej Industries Ltd Interest Coverage Ratios (%)

Godrej Industries Ltd Valuation Ratios

Fair Value of Godrej Industries Ltd Stock

Fair Value: ₹1137.28

The stock is undervalued by 39.72% compared to the current price ₹814

*Investments are subject to market risks

Strength and Weakness of Godrej Industries Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (9.85 cr) and profit (287.23 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 40.54 and average Dividend Yield of 10.53%.
  2. The stock has a low average ROCE of 6.92%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 165.42, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 251.58, which may not be favorable.
  5. The company has higher borrowings (9,330.77) compared to reserves (4,735.00), which may suggest financial risk.

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 Godrej Industries 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