GODREJINDDiversified

Godrej Industries Limited

Diversified · ISIN INE233A01035 · BSE 500164 · NSE EQ · FV ₹1
Last price
₹1,127
-0.81%today
What this company does

Godrej Industries Limited operates in the Diversified sector. It booked ₹5,448 cr of revenue in its latest quarter (Q1 FY27) and kept 5.2% of sales as profit. It is the largest of 5 Diversified companies we track, by market value.

The Company is engaged in the business of manufacturing and marketing of oleochemicals, their precursors and derivatives, bulk edible oils, estate management and investment activities. 2.
In the report:
37out of 100
Equitytale Health Score
Strained

Healthier than 37% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns42

How much profit it earns on the money it employs

Balance sheet12

How much it owes, and whether earnings cover the interest

Cash quality2

Whether reported profit actually arrives as cash

Growth & consistency61

Whether sales and profit have grown, and how steadily

Valuation33

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 22% vs last year
Promoters hold 75%
No promoter shares pledged
Watch-outs
! Thin 5.2% net margin
! Profit down 19% vs last year
! Carries high debt (D/E 2.2)
! Operating cash flow is negative

What if I invest in GODREJIND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,127 -0.81%
latest close · 2026-09-17
1-year return
+104.2%
52-wk low ₹40552-wk high ₹1,399
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio33.4High
LowAverageHigh
P/B ratio3.40High
Below bookModerateHigh
EV / EBITDA14.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.2%Fair
WeakFairStrong ▸15%
Return on capital11.8%Fair
WeakFairStrong
Net margin5.2%Decent
ThinDecentStrong
EBITDA margin27.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity2.20High
LowModerateHigh ▸1
Interest cover1.8×Risky
RiskyOkayStrong ▸5×
Current ratio1.09Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹37,967 cr
Book value
₹332
EPS
₹8.44
latest quarter
Net debt
₹47,989 cr
owes more than its cash
Enterprise value
₹85,957 cr
EBITDA
₹5,948 cr
annualised
EBIT
₹5,414 cr
annualised
Operating margin
24.8%
Return on assets
0.9%
Earnings yield
2.99%
P/S
1.74
Sales / share
₹647.0
Tax rate
34.3%
Face value
₹1
Shares
33.7 cr
Working capital
₹7,544 cr
Current assets
₹87,965 cr
Current liabilities
₹80,421 cr
Delivery %
39.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹132₹306, midpoint ₹219

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹5,448 cr
Other Income₹912 cr
Total Income₹6,360 cr
Cost of Materials₹2,911 cr
Purchases of Stock-in-Trade₹3,139 cr
Inventory Change (±)₹-2,758 cr
Employee Benefit Expense₹554 cr
Finance Costs₹745 cr
Depreciation & Amortisation₹133 cr
Other Expenses₹1,027 cr
Total Expenses₹5,752 cr
Profit before Tax₹608 cr
Tax Expense₹209 cr
Share of JV / Associates₹124 cr
Net Profit₹523 cr
Net margin on total income8.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹3,292 cr50.8%
Employee benefit expense₹554 cr8.5%
Finance costs₹745 cr11.5%
Depreciation & amortisation₹133 cr2.1%
Other expenses₹1,027 cr15.8%
Tax expense₹209 cr3.2%
Profit for the period₹523 cr8.1%
Total income ₹6,360 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue5,051 cr7,694 cr5,448 cr
Total income5,698 cr8,274 cr6,360 cr
Expenses5,259 cr7,352 cr5,752 cr
Profit before tax375 cr921 cr608 cr
Tax133 cr285 cr209 cr
Net profit (owners' share)205 cr444 cr284 cr
Net margin (owners' share, on revenue)4.0%5.8%5.2%
EPS (₹)6.0713.198.44
YoY (latest quarter): total income +11.2% · net profit -18.6%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹1.26 L cr
Shareholder equity
₹11,176 cr
parent shareholders
Total debt
₹51,038 cr
Cash
₹3,049 cr
Cash flow · H1 FY26
Operating
₹-4,072 cr
Investing
₹-2,592 cr
Financing
₹5,739 cr
Peer comparison
Diversified · by market value
CompanyPriceMarket capP/E
Godrej Industries Limitedthis company₹1,127₹37,967 cr33.4
3M India Limited₹32,530₹36,645 cr58.3
DCM Shriram Limited₹984₹15,424 cr5.5
Balmer Lawrie & Company Limited₹162₹2,778 cr9.7
TTK Healthcare Limited₹1,049₹1,482 cr17.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1.15
ex 2 Aug 2019
ActionDetailEx-date
Dividend₹1.15 / share2 Aug 2019
Dividend₹1.75 / share2 Aug 2018
Dividend₹1.75 / share2 Aug 2017
Dividend₹1.75 / share15 Mar 2016
Dividend₹1.75 / share31 Jul 2015
Bonus issue1250:15 Jan 2015
Who owns it · 2026-06-30
No pledge
Promoter
74.6%
FII / Foreign
4.6%
DII / Domestic
3.5%
Retail / others
17.3%
Promoter stake up 7.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtTAD Family Trust · Promoter Group25.20 L · ₹144.9 cr29 Jun 21
SoldGodrej Seeds & Genetics Limited · Promoter Group84.87 L · ₹487.9 cr29 Jun 21
SoldAnamudi Real Estates LLP · Promoter Group66.34 L · ₹381.3 cr29 Jun 21
Bulk / block deals
short · NSE30028 Jul 26
short · NSE110 Jul 26
short · NSE48123 Jun 26
Stake changes
BoughtGodrej seeds & Genetions Ltd · promoter→ 7.81% · 75.30 L14 Nov 25
BoughtGodrej Seeds & Genetics Limited · promoter→ 7.79% · 75.30 L14 Nov 25
BoughtAnamudi Real Estates LLP · promoter→ 3.59% · 36.84 L14 Nov 25
Promoter pledges
ReleasedMr Nadir Godrej90,000 · 1.72% held28 Sep 20
PledgedMr Nadir Godrej3.60 L · 0.41% held28 Sep 20
ReleasedMr. Nadir Godrej2.70 L · 1.65% held28 Sep 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 13 Aug 2026
See the official result
1
Adoption of Audited Financial Statements for the Financial Year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
6.62 cr votes for, 868 against · 0% of mutual funds and other big investors said no
2
Appointment of Mr. Vishal Sharma, as a Director, liable to retire by rotation, who has offered himself for re-appointment
Backed by 95% of shareholders other than promotersneeded 50%
6.29 cr votes for, 33.16 L against · 14% of mutual funds and other big investors said no
3
Approval for re-appointment of and remuneration payable to Mr. Vishal Sharma as a “Whole Time Director”
Backed by 95% of shareholders other than promotersneeded 75%
6.29 cr votes for, 32.96 L against · 14% of mutual funds and other big investors said no
4
Approval for raising of funds by way of issuance of Unsecured Non-Convertible Debentures (NCDs) / bonds / other instruments aggregating to ₹1,500 crore and to delegate the powers to the Management Committee in this regard
Backed by 100% of shareholders other than promotersneeded 75%
6.62 cr votes for, 2,636 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 58 named members
owning 74.6% between them · as of 2026-06-30
NADIR GODREJ16.91%
GODREJ SEEDS & GENETICS LIMITED7.80%
PIROJSHA ADI GODREJ5.84%
NISABA GODREJ5.80%
TANYA ARVIND DUBASH5.80%
ANAMUDI REAL ESTATES LLP3.59%
NISABA GODREJ AND PIROJSHA GODREJ (TRUSTEES OF NG FAMILY TRUST)3.54%
TANYA DUBASH AND PIROJSHA GODREJ (TRUSTEES OF TAD FAMILY TRUST)3.54%
Business done with them
FY2025 · 3 of the group
The company paid ₹588 cr to companies in the promoter group last year — about 3.0% of its ₹19,657 cr revenue and received ₹152 cr back from them.
GODREJ SEEDS & GENETICS LIMITED
Bought goods from them · Purchase of Goods
also owns 7.80% of the company
₹355 cr
company paid
GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
Bought property or assets from them · Rent, Establishment & other epenses paid, Purchase of Property, Plants & Equipments & Purchase of Investment Property
₹162 cr
company paid
GODREJ CONSUMER PRODUCTS LIMITED
Sold goods to them · Sale of Goods, Purchase of Goods, Licence fees / Service charges / Storage Income, Recovery of establishment & other Expenses, Rent, Establishment & other epenses paid
₹138 cr
company received
GODREJ CONSUMER PRODUCTS LIMITED
Other payments to them · Sale of Goods, Purchase of Goods, Licence fees / Service charges / Storage Income, Recovery of establishment & other Expenses, Rent, Establishment & other epenses paid
₹62 cr
company paid
GODREJ CONSUMER PRODUCTS LIMITED
Other income from them · Sale of Goods, Purchase of Goods, Licence fees / Service charges / Storage Income, Recovery of establishment & other Expenses, Rent, Establishment & other epenses paid
₹13 cr
company received
GODREJ CONSUMER PRODUCTS LIMITED
Bought goods from them · Sale of Goods, Purchase of Goods, Licence fees / Service charges / Storage Income, Recovery of establishment & other Expenses, Rent, Establishment & other epenses paid
₹6 cr
company paid
GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
Other payments to them · Rent, Establishment & other epenses paid, Purchase of Property, Plants & Equipments & Purchase of Investment Property
₹4 cr
company paid

The company also transacted with 1 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.