Godfrey Phillips India Ltd - Stock Valuation and Financial Performance

BSE: 500163 | NSE: GODFRYPHLP | Cigarettes/Tobacco | Small Cap

Godfrey Phillips Share Price

5,851.25 -141.20 -2.36%
as on 21-Nov'24 16:00

DeciZen - make an informed investing decision on Godfrey Phillips

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Godfrey Phillips India stock performance -

mw4me loader
P/E Ratio (SA):
34.85
Market Cap:
31,157.1 Cr.
52-wk low:
2,005
52-wk high:
8,480

Is Godfrey Phillips India Ltd an attractive stock to invest in?

1. Is Godfrey Phillips India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Godfrey Phillips India Ltd is a good quality company.

2. Is Godfrey Phillips India Ltd undervalued or overvalued?

The key valuation ratios of Godfrey Phillips India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Godfrey Phillips India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Godfrey Phillips India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Godfrey Phillips:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Godfrey Phillips India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 19.6%15.9%12.2%13.9%19.8%27.2%21.7%22.7%27.4%31.3%-
Value Creation
Index
0.40.2-0.10.00.41.00.60.71.01.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,5862,3252,3862,3122,4772,8532,4902,6743,5604,3905,707
Sales YoY Gr.--10.1%2.6%-3.1%7.2%15.2%-12.7%7.4%33.1%23.3%-
Adj EPS 31.9292122.739.362.755.671.798144.1172
YoY Gr.--9%-27.6%8.1%73.3%59.5%-11.4%28.9%36.6%47.1%-
BVPS (₹) 248.6290.4306.2328.4364.7396.4464.8523.9613.2737.9772.6
Adj Net
Profit
166151109118204326289373509749894
Cash Flow from Ops. 63.1326248514352377300482739270-
Debt/CF from Ops. 4.40.40.30.10.100.30.10.10.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.1%12.1%20.8%23.3%
Adj EPS 18.2%29.7%37.3%47.1%
BVPS12.9%15.1%16.7%20.3%
Share Price 24.8% 38.4% 70.2% 183%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
13.510.877.211.416.512.914.517.221.322.8
Op. Profit
Mgn %
13.913.810.511.21620.820.723.522.519.716
Net Profit
Mgn %
6.46.54.65.18.311.411.613.914.317.115.7
Debt to
Equity
0.20.10.100000000
Working Cap
Days
73807398104971151189910679
Cash Conv.
Cycle
3842354839314651404436

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 22.80%

Sales growth is growing at healthy rate in last 3 years 20.81%

Net Profit is growing at healthy rate in last 3 years 37.34%

Sales growth is good in last 4 quarters at 22.49%

No data to display

Latest Financials - Godfrey Phillips India Ltd.

Standalone Consolidated
TTM EPS (₹) 172 173.8
TTM Sales (₹ Cr.) 5,707 5,707
BVPS (₹.) 772.6 906
Reserves (₹ Cr.) 4,007 4,700
P/BV 7.76 6.61
PE 34.85 34.49
From the Market
52 Week Low / High (₹) 2004.95 / 8480.00
All Time Low / High (₹) 22.00 / 8480.00
Market Cap (₹ Cr.) 31,157
Equity (₹ Cr.) 10.4
Face Value (₹) 2
Industry PE 28.6

Management X-Ray of Godfrey Phillips:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Godfrey Phillips

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2,5862,3252,3862,3122,4772,8532,4902,6743,5604,390
Operating Expenses 2,2262,0042,1382,0542,0972,2611,9732,0472,7593,525
Manufacturing Costs120115115143178198168177204224
Material Costs1,0931,0491,2701,1911,0701,2531,2181,2251,7812,438
Employee Cost 239225216203245242224240223217
Other Costs 774615536516603568362406551646
Operating Profit 360321248258380592516627802865
Operating Profit Margin (%) 13.9%13.8%10.4%11.2%15.4%20.8%20.7%23.4%22.5%19.7%
Other Income 3337475479106118110168390
Interest 19103213031342926
Depreciation 102102949696152138142151143
Exceptional Items 00020000000
Profit Before Tax 2712461982343635164655627901,087
Tax 88746174122128108130181206
Profit After Tax 183172136161241388357432608881
PAT Margin (%) 7.1%7.4%5.7%7.0%9.7%13.6%14.3%16.2%17.1%20.1%
Adjusted EPS (₹)35.233.026.230.946.474.668.783.1117.0169.4
Dividend Payout Ratio (%)23%24%31%26%22%32%35%34%38%33%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1,2931,5101,5921,7071,8962,0612,4162,7243,1883,837
Share Capital 10101010101010101010
Reserves 1,2821,4991,5811,6971,8862,0502,4062,7133,1783,826
Minority Interest0000000000
Debt207794627411115303544
Long Term Debt312700000000
Short Term Debt175534627411115303544
Trade Payables151126163174291251239259374474
Others Liabilities 377314277408416775848834941991
Total Liabilities 2,0272,0292,0782,3162,6443,0973,5183,8464,5385,346

Fixed Assets

Gross Block1,1657668619001,0341,4971,6391,6911,6841,753
Accumulated Depreciation529100193285377523649777819932
Net Fixed Assets636666667615656974991914865821
CWIP 65491318141726422110
Investments 3223965008951,1431,1901,4761,7192,3642,582
Inventories7386665775115696146717568561,376
Trade Receivables130104175886767124156150173
Cash Equivalents 25262737283726363222
Others Assets111123118153167200205224251363
Total Assets 2,0272,0292,0782,3162,6443,0973,5183,8464,5385,346

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 63326248514352377300482739270
PBT 2712461982343635164655627901,087
Adjustment 978857584892687641-198
Changes in Working Capital -215645029369-109-134-1797-425
Tax Paid -93-74-57-72-128-122-99-139-189-194
Cash Flow From Investing Activity -32-126-131-409-312-70-318-232-53660
Capex -107-135-65-57-124-115-127-713-91
Net Investments 539-68-348-18639-171-167-546-32
Others 2302-3-25-2056182
Cash Flow From Financing Activity -31-200-120-96-39-2997-238-206-333
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -87-21-61-260060000
Interest Paid -15-6-3-1-4-30-29-38-26-28
Dividend Paid -42-42-42-41-41-172-3-124-145-228
Others 113-131-15-286-97-22-76-35-76
Net Cash Flow 10-3907-1112-3-3
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)14.9112.258.799.7513.3719.615.9416.8120.5825.08
ROCE (%)19.5515.9412.1813.8819.827.2421.7222.727.3931.3
Asset Turnover Ratio2.272.12.141.361.081.090.890.881.021.08
PAT to CFO Conversion(x)0.341.91.823.191.460.970.841.121.220.31
Working Capital Days
Receivable Days1010121611812161311
Inventory Days54605267736980816977
Payable Days49474252797973746362

Godfrey Phillips India Ltd Stock News

Godfrey Phillips India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Godfrey Phillips on 21-Nov-2024 16:00 is ₹5,851.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:00 the market cap of Godfrey Phillips stood at ₹31,157.1.
The latest P/E ratio of Godfrey Phillips as of 21-Nov-2024 16:00 is 34.85.
The latest P/B ratio of Godfrey Phillips as of 21-Nov-2024 16:00 is 7.76.
The 52-week high of Godfrey Phillips is ₹8,480 and the 52-week low is ₹2,005.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Godfrey Phillips is ₹5,707 ( Cr.) .

About Godfrey Phillips India Ltd

Godfrey Phillips India Limited, flagship company of Modi Enterprises, is one of the largest FMCG companies in the country with many iconic cigarette brands like Four Square, Red & White, and Cavanders to its name. It also has an exclusive sourcing and supply agreement with Philip Morris International to manufacture and distribute the renowned Marlboro brand in India.

It has expanded its product portfolio beyond cigarettes and tobacco and entered India’s highly competitive chewing products, mouth freshener, confectionery segment and retail. Pan Vilas pan masala, Pan Vilas Silver Dewz - a silver-coated Elaichi (cardamom seed) and Funda Goli candies are all manufactured by the Company at attractive price points. Its premium retail outlets 24Seven is already a brand to contend with. Its brands are popular and it is a successful company because its people love what they do, are fully committed to its consumers and are a great team to work with.

The company’s Cigarette manufacturing units located in Rabale and Guldhar have top brass technology partners like Phillip Morris, G.D., Comas, SMC, Luwa, Forbes Marshall, Honeywell, Miebach, Nefab, Kaesar, and the Haulotte Group.

Business area of the company

It is one of the largest FMCG companies in India. It makes some of the most popular cigarette brands in the country like Four Square, Red and White, Cavanders, Tipper and North Pole. It also manufactures and distributes iconic brand Marlboro under a license agreement with Philip Morris. It has expanded business interests in chewing products, mouth fresheners, confectionary and retail.

Business Divisions

Cigarettes

  • Marlboro
  • Four Square
  • Red & White
  • Cavanders
  • Stellar
  • North Pole and Tipper

Chewing

  • Pan Vilas
  • Pan Vilas Silver Dewz
  • Raag

Retail

  • 24SEVEN

Confectionary

Awards and Recognition

2017-18

  • Rabale Cigarette Factory received Vasundhara Award for Environment Performance, Green Tech Platinum Award for Safety Performance and Excellence Award from “INSAAN” Society.
  • Ghaziabad Chewing Factory received Best Food Safety Award by ASSOCHAM and Gold Award in Best Practices in HR Domain by GMA.

2018-19

  • Rabale cigarette factory received Green Tech Safety “Gold Award” for outstanding achievement in safety management. Green Tech ‘Platinum Award for Safety Performance’ for exceptional achievement in environment management and Excellence Award from “INSAAN” society.
  • Ghaziabad chewing factory has been certified on Environment Management System ISO 14001:2015 by TUV SUD South Asia Private Limited in March 2019.

2019-20

  • Guldhar factory received Greentech Environment “Winner Award” for exceptional achievement & initiatives in environment management.
  • Rabale factory received Green tech Safety “Platinum Award” for outstanding achievement in safety management and environment management.
  • Rabale factory received excellence award from `INSAAN’ society on suggestions schemes.
  • Chewing Ghaziabad plant won Prestigious “GREENTECH Award 2019” in the field of “Environment safety 2019”.
  • Participated in the Asia Collaborative Study organized by TIOJ, Japan in which 69 laboratories from 54 countries took part. The results obtained by its laboratory were found to be at par with any national or international laboratory on the basis of the Z-score issued by TIOJ.
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