Latest news with #GodfreyPhillips
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Business Standard
4 days ago
- Business
- Business Standard
KK Modi Group stock surges 10% today, zooms 118% in 5 months. Do you own?
Shares of Godfrey Philips India hit a new high of ₹9,452.70, surging 10 per cent on the BSE in Friday's intra-day trade amid heavy volumes on the expectation of healthy earnings. The stock price of KK Modi Group Company has surpassed its previous high of ₹9,256.55 touched on May 15, 2025. The market price of the fast-moving consumer goods (FMCG) company is trading higher for the fourth straight day, rallying 18 per cent during the period. In the past five months, Godfrey Philips India has seen its market price zoom 118 per cent from a level of ₹4,333.65 on January 27, 2025. Further, in the past three months, it skyrocketed 800 per cent from ₹1,050 on the BSE. What's driving Godfrey Philips India shares' rally? Godfrey Philips India has continued its growth momentum from the financial year 2024 25 (FY24-25). The company has recorded consolidated gross sales value of ₹14,480 crore and net profit of ₹1,153 crore (from continuing operations) in FY25, representing an increase of 24 per cent as compared to the corresponding period in the last year. Godfrey Phillips has delivered robust cigarette domestic volume growth in FY25. The company's topline is supported by unmanufactured tobacco export of ₹2,010 crore in FY25, which continues to show an upward trend. The management in the FY25 investor presentation said the company plans to enter new markets with new offerings that are underway, and continues to focus on improving productivity and profitability. Godfrey Phillips has strengthened its partnership with Philip Morris International in the manufacture and distribution of the Marlboro brand cigarettes in India. The company's portfolio comprises established cigarette brands such as Four Square, Red & White, Stellar, and Cavenders; the company also manufactures and distributes the Marlboro brand of cigarettes, which enjoys strong customer loyalty and has been a significant revenue driver. Cigarette volume growth momentum is expected to sustain with the government not increasing taxes on cigarettes, according to analysts. Godfrey Phillips' operations are concentrated in northern and western India, which contribute to more than 90 per cent of its cigarette sales. Further, the company is a distant second in the Indian tobacco industry, accounting for around 14 per cent of volume share and faces intense competition from the dominant player -- ITC Ltd, Crisil Ratings said. Sector outlook The domestic cigarettes industry in the past was affected by a sustained rise in taxes and regulatory regime, along with a sharp hike in illegal trade in the past few years, especially at the premium end, which continues to pose significant challenges to the legal cigarettes industry. However, in recent times, the government has undertaken stringent actions to curb illicit cigarette sales. This, along with lower price hikes in the cigarette portfolio, will help cigarette companies post better volume growth, according to Mirae Asset Sharekhan. About Godfrey Phillips Godfrey Phillips is an associate of the KK Modi group of companies and Philip Morris Global Brands Inc. (Philip Morris; a subsidiary of Altria Group Inc). The KK Modi group owns 47.48 per cent equity shares of the company, and Philip Morris owns 25.1 per cent. GPIL primarily manufactures cigarettes. It has diversified into segments such as confectionery and retail. It has retail stores, named 24SEVEN (TFS), in the National Capital Region, Hyderabad and Chandigarh from which it has announced to exit in May 2024.
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Business Standard
15-05-2025
- Business
- Business Standard
Godfrey Phillips Q4 results: Profit up 30% at ₹279.61 cr, expenses down 43%
Godfrey Phillips India Limited has reported a profit after tax (PAT) of ₹279.61 crore in the fourth quarter of financial year 2024–25, up 29.98 per cent from ₹215.12 crore in the corresponding quarter last year. Revenue from contracts with customers surged 74 per cent year-on-year to ₹1,880.22 crore in Q4FY25, compared to ₹1,079.94 crore in Q4FY24. However, revenue from operations declined 41 per cent to ₹1,106.64 crore in Q4FY25, down from ₹1,887.79 crore in the same quarter of FY24. Similarly, total income fell 40 per cent year-on-year to ₹1,171.48 crore in Q4FY25, compared to ₹1,965.44 crore in Q4FY24. On the expenses front, the company reported a 43 per cent decrease in total expenses at ₹947.63 crore in Q4FY25, down from ₹1,663.92 crore in the corresponding quarter of FY24. For the full financial year, net profit increased by 21.31 per cent to ₹1,072.31 crore, up from ₹883.97 crore in FY24. In FY25, revenue from operations grew 38 per cent to ₹6,767.49 crore, compared to ₹4,903.33 crore in FY24. Godfrey Phillips has also announced a final dividend of 3,000 per cent, translating to ₹60 per equity share of face value ₹2 each, for the financial year ended 31 March 2025. The dividend is subject to shareholder approval at the company's upcoming Annual General Meeting (AGM). In Q4FY25, revenue from the Cigarettes, Tobacco and related products segment rose 73.8 per cent to ₹1,865.89 crore, compared to ₹1,073.56 crore in Q4FY24. For the full year FY25, revenue from this segment grew 38.6 per cent to ₹6,689.56 crore, up from ₹4,831.21 crore in FY24.
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Business Standard
15-05-2025
- Business
- Business Standard
Q4 results today: JSW Energy, PB Fintech, Patanjali Food, Godrej on May 15
Q4 FY25 company results today: Godfrey Phillips, ITC Hotels, and Allied Blenders and Distillers will be among 135 companies to post earnings reports for the January-March quarter New Delhi JSW Energy, PB Fintech, Patanjali Food, and Godrej will be among 135 companies to release their earnings report for the fourth quarter (Q4) of the financial year 2024-25 (FY25) on Wednesday, May 15. These companies will also release their performance report for the entire financial year that ended on March 31, 2025. Godfrey Phillips, ITC Hotels, and Allied Blenders and Distillers will also be releasing their quarterly and yearly performance report today. Market overview May 15 In the previous trading session on Wednesday, May 14, the Sensex rose by 182.34 points (0.22 per cent) to close at 81,330.56, while the Nifty50 ended 88.55 points (0.36 per cent) higher at 24,666.90. At 6:34 am today, May 15, GIFT Nifty futures were trading 41 points higher at 24,756, suggesting a positive start for the domestic market. Quarterly earnings, institutional flows, global market cues, and comments from Federal Reserve Chair Jerome Powell are expected to guide the movement of benchmark indices—Sensex and Nifty—through the day. Follow the latest market updates here: Stock Market LIVE Updates List of firms releasing Q4 results on May 15 7Seas Entertainment Ltd. Abbott India Ltd. Allied Blenders and Distillers Ltd. Accedere Ltd. Allcargo Gati Ltd. Aditya Forge Ltd. Alivus Life Sciences Ltd. Amrutanjan Health Care Ltd. Arvind Ltd. Atal Realtech Ltd. Atlantaa Ltd. AVI Polymers Ltd. Avon Mercantile Ltd. Balmer Lawrie & Co. Ltd. Balrampur Chini Mills Ltd. Banganga Papers Ltd. Banswara Syntex Ltd. The Bombay Burmah Trading Corporation Ltd. Brand Concepts Ltd. Bikaji Foods International Ltd. BLS International Services Ltd. Camex Ltd. Cantabil Retail India Ltd. Capfin India Ltd. Caplin Point Laboratories Ltd. CESC Ltd. Cochin Shipyard Ltd. Crompton Greaves Consumer Electricals Ltd. Cubex Tubings Ltd. Darjeeling Ropeway Company Ltd. Datamatics Global Services Ltd. Ddev Plastiks Industries Ltd. Dhruv Consultancy Services Ltd. Diffusion Engineers Ltd. Ecoboard Industries Ltd. Elpro International Ltd. Endurance Technologies Ltd. Fortis Malar Hospitals Ltd. Garware Technical Fibres Ltd. Glance Finance Ltd. Gujarat Mineral Development Corporation Ltd. Godfrey Phillips India Ltd. Godrej Industries Ltd. G R Infraprojects Ltd. Haryana Leather Chemicals Ltd. Hindustan Fluorocarbons Ltd. H P Cotton Textile Mills Ltd. IFCI Ltd. Inventurus Knowledge Solutions Ltd. Indo Credit Capital Ltd. Inox India Ltd. IRM Energy Ltd. Ishwarshakti Holdings & Traders Ltd. ITC Hotels Ltd. IVP Ltd. Jayatma Industries Ltd. JSW Energy Ltd. Junglecamp Resorts Ltd. Kaka Industries Ltd. Kanpur Plastipack Ltd. Kaynes Technology India Ltd. Kennametal India Ltd. Kesar Enterprises Ltd. Kopran Ltd. Kusam Electrical Industries Ltd. Lerthai Finance Ltd. LIC Housing Finance Ltd. LT Foods Ltd. Mangal Credit and Fincorp Ltd. Mangalya Soft-Tech Ltd. Markolines Pavement Technologies Ltd. Global Health Ltd. Medi Assist Healthcare Services Ltd. Melstar Information Technologies Ltd. Menon Bearings Ltd. String Metaverse Ltd. Minaxi Textiles Ltd. Mangalam Industrial Finance Ltd. Madhya Pradesh Financial Services Ltd. Mukka Proteins Ltd. NCC Ltd. NDA Securities Ltd. Neuland Laboratories Ltd. Next Mediaworks Ltd. Niyogin Fintech Ltd. NOCIL Ltd. (formerly National Organic Chemical Industries Ltd.) Omnipotent Industries Ltd. Organic Recycling Systems Ltd. Orient Technologies Ltd. Page Industries Ltd. Palash Securities Ltd. Parmeshwar Metal Ltd. Patanjali Foods Ltd. (formerly Ruchi Soya Industries Ltd.) PDS Ltd. (formerly PDS Multinational Fashions Ltd.) P N Gadgil Jewellers Ltd. PB Fintech Ltd. (operates Policybazaar and Paisabazaar) Premco Global Ltd. Pricol Ltd. Prism Johnson Ltd. Quest Capital Markets Ltd. Rajesh Exports Ltd. Rajvi Logitrade Ltd. Rapicut Carbides Ltd. Rishiroop Ltd. R & B Denims Ltd. RPSG Ventures Ltd. Salem Erode Investments Ltd. Samor Reality Ltd. Saregama India Ltd. Senores Pharmaceuticals Ltd. Signatureglobal (India) Ltd. SKF India Solara Active Pharma Sciences Ltd. The South Indian Bank Ltd. Spencer's Retail Ltd. Sarda Proteins Ltd. Steel Strips Wheels Ltd. Surbhi Industries Ltd. Tamboli Industries Ltd. TCI Finance Ltd. Tega Industries Ltd. Thangamayil Jewellery Ltd. Tube Investments of India Ltd. Tijaria Polypipes Ltd. Transglobe Foods Ltd. Transindia Real Estate Ltd. Universal Autofoundry Ltd. Vinati Organics Ltd. Virat Industries Ltd. Vishnu Chemicals Ltd. Wanbury Ltd. Websol Energy System Ltd. Welspun Enterprises Ltd. Zee Learn Ltd. ZF Commercial Vehicle Control Systems India Ltd.
Economic Times
11-05-2025
- Business
- Economic Times
Why BigBasket is still a good bet
Despite losing market share, why BigBasket is still a good bet Once the undisputed market leader, BigBasket is slogging to defend its turf against its upstart rivals. The Tata-owned company is in the market to raise external funding. For those private equity investors who want to enter the most happening consumer Internet segment, the online grocery commerce company may well be their last bus. Godfrey Phillips is up 63% this year. Why the market FONT SIZE SAVE PRINT COMMENT Refer & Earn
Economic Times
22-04-2025
- Economic Times
Godfrey Phillips: Bina Modi, Lalit Bhasin not charged in Samir Modi assault case
Samir Modi Synopsis Bina Modi, chairperson of Godfrey Phillips India, and former director Lalit Bhasin, have not been charged in the alleged assault case of Samir Modi at a board meeting. Delhi Police cited a lack of evidence, only charging Bina Modi's personal security officer, Surendra Prasad. Samir Modi's lawyer claims sufficient evidence exists against Bina Modi, planning to file a protest petition. Godfrey Phillips India's chairperson Bina Modi and former director Lalit Bhasin have not been charged in a case accusing them of conspiracy to assault the company's former director Samir Modi at a board meeting last year, according to people familiar with the matter. ADVERTISEMENT They remain suspects in the case but were not charged due to lack of evidence, Delhi Police officials said on condition of anonymity. The police have only charge-sheeted Bina Modi's personal security officer (PSO), Surendra Prasad, who was a co-accused in the matter, they said. Samir Modi, a former Godfrey Phillips director and current promoter, is Bina Modi's son. His lawyer, Simran Singh, claimed Bina Modi had not been exonerated. However, the police officials cited earlier said the investigation had been completed.'The police has not exonerated Bina Modi and therefore places her in column 12 of the charge sheet,' said Singh. 'There is sufficient evidence on record against Mrs Bina Modi for intentionally aiding and abetting her PSO in wrongful restrain and also common intention with him to not only restrain Samir Modi from entering the meeting room but also voluntarily causing assault and grievous hurt to Samir Modi in that process. We will file a protest petition and will request the court to take cognizance against Mrs Bina Modi also, for offences under sections 341/325/34 of the IPC.'The final charge sheet was prepared by Delhi Police after an investigation that lasted for almost a year. A first information report was filed at Delhi's Sarita Vihar police station last year by Samir Modi alleging he was assaulted by Bina Modi's personal security officer at Godfrey Phillips India's board meeting on May 31, 2024. ADVERTISEMENT Samir Modi, who was formerly an executive director with Godfrey Phillips India, was sacked from the company's board on August 7. He has been locked in a family dispute where he has accused his mother of not making good on the distribution of the family inheritance the terms of which were laid out in a trust deed by the family patriarch, the late KK Modi. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online. NEXT STORY
