New Risk • May 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Announcement • May 08
Godrej Industries Limited to Report Q4, 2026 Results on May 15, 2026 Godrej Industries Limited announced that they will report Q4, 2026 results on May 15, 2026 Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹1,227, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 26x in the Industrials industry in India. Total returns to shareholders of 158% over the past three years. Announcement • Apr 14
Godrej Industries Group Announces Board Changes, Effective August 14, 2026 Godrej Industries Group announced the elevation of Burjis Godrej, the son of group chairperson Nadir Godrej, to the board of the group holding company Godrej Industries Ltd. as part of succession planning. The 34-year-old will join the board of Godrej Industries as a non-executive director from August 14, 2026. On the same day, his cousin Pirojsha Godrej, 45, will take over as the group chairperson from Nadir Godrej, who will step down on turning 75. Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: ₹6.07 (vs ₹5.59 in 3Q 2025) Third quarter 2026 results: EPS: ₹6.07 (up from ₹5.59 in 3Q 2025). Revenue: ₹57.0b (up 11% from 3Q 2025). Net income: ₹2.05b (up 8.7% from 3Q 2025). Profit margin: 3.6% (down from 3.7% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 05
Godrej Industries Limited to Report Q3, 2026 Results on Feb 11, 2026 Godrej Industries Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 11, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹7.20 (vs ₹8.54 in 2Q 2025) Second quarter 2026 results: EPS: ₹7.20 (down from ₹8.54 in 2Q 2025). Revenue: ₹62.9b (up 23% from 2Q 2025). Net income: ₹2.42b (down 16% from 2Q 2025). Profit margin: 3.9% (down from 5.6% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Announcement • Nov 04
Godrej Industries Limited to Report Q2, 2026 Results on Nov 11, 2025 Godrej Industries Limited announced that they will report Q2, 2026 results on Nov 11, 2025 Announcement • Aug 09
Godrej Industries Limited to Report Q1, 2026 Results on Aug 13, 2025 Godrej Industries Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • Jul 23
Full year 2025 earnings released: EPS: ₹29.14 (vs ₹1.78 in FY 2024) Full year 2025 results: EPS: ₹29.14 (up from ₹1.78 in FY 2024). Revenue: ₹209.8b (up 19% from FY 2024). Net income: ₹9.81b (up ₹9.21b from FY 2024). Profit margin: 4.7% (up from 0.3% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Reported Earnings • May 17
Full year 2025 earnings released: EPS: ₹29.14 (vs ₹1.78 in FY 2024) Full year 2025 results: EPS: ₹29.14 (up from ₹1.78 in FY 2024). Revenue: ₹219.2b (up 25% from FY 2024). Net income: ₹9.81b (up ₹9.21b from FY 2024). Profit margin: 4.5% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Announcement • May 16
Godrej Industries Limited, Annual General Meeting, Aug 13, 2025 Godrej Industries Limited, Annual General Meeting, Aug 13, 2025. Announcement • May 09
Godrej Industries Limited to Report Q4, 2025 Results on May 15, 2025 Godrej Industries Limited announced that they will report Q4, 2025 results on May 15, 2025 New Risk • Feb 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹1,002, the stock trades at a trailing P/E ratio of 69.3x. Average trailing P/E is 20x in the Industrials industry in India. Total returns to shareholders of 97% over the past three years. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹5.59 (vs ₹3.16 in 3Q 2024) Third quarter 2025 results: EPS: ₹5.59 (up from ₹3.16 in 3Q 2024). Revenue: ₹51.5b (up 34% from 3Q 2024). Net income: ₹1.88b (up 77% from 3Q 2024). Profit margin: 3.7% (up from 2.8% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Feb 05
Godrej Industries Limited to Report Q3, 2025 Results on Feb 12, 2025 Godrej Industries Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Announcement • Dec 13
Godrej Industries Limited (BSE:500164) acquired 26% stake in Clean Max Kaze Private Limited from Clean Max Enviro Energy Solutions Private Limited for INR 0.03 million. Godrej Industries Limited (BSE:500164) acquired 26% stake in Clean Max Kaze Private Limited from Clean Max Enviro Energy Solutions Private Limited for INR 0.03 million on December 12, 2024. A cash consideration will be paid by Godrej Industries Limited.
Godrej Industries Limited (BSE:500164) completed the acquisition of 26% stake in Clean Max Kaze Private Limited from Clean Max Enviro Energy Solutions Private Limited on December 12, 2024. Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹8.54 (vs ₹2.59 in 2Q 2024) Second quarter 2025 results: EPS: ₹8.54 (up from ₹2.59 in 2Q 2024). Revenue: ₹51.2b (up 20% from 2Q 2024). Net income: ₹2.88b (up 230% from 2Q 2024). Profit margin: 5.6% (up from 2.1% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Nov 09
Godrej Industries Limited to Report Q2, 2025 Results on Nov 13, 2024 Godrej Industries Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Price Target Changed • Aug 14
Price target increased by 7.9% to ₹1,090 Up from ₹1,010, the current price target is provided by 1 analyst. New target price is 22% above last closing price of ₹890. Stock is up 76% over the past year. The company posted earnings per share of ₹1.78 last year. Announcement • Jul 31
Godrej Industries Limited to Report Q1, 2025 Results on Aug 13, 2024 Godrej Industries Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • Jul 22
Full year 2024 earnings released: EPS: ₹1.78 (vs ₹28.96 in FY 2023) Full year 2024 results: EPS: ₹1.78 (down from ₹28.96 in FY 2023). Revenue: ₹175.9b (flat on FY 2023). Net income: ₹599.7m (down 94% from FY 2023). Profit margin: 0.3% (down from 5.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 18% per year. Announcement • May 23
Godrej Industries Limited, Annual General Meeting, Aug 13, 2024 Godrej Industries Limited, Annual General Meeting, Aug 13, 2024. Reported Earnings • May 18
Full year 2024 earnings released: EPS: ₹1.78 (vs ₹28.96 in FY 2023) Full year 2024 results: EPS: ₹1.78 (down from ₹28.96 in FY 2023). Revenue: ₹181.0b (up 2.4% from FY 2023). Net income: ₹599.7m (down 94% from FY 2023). Profit margin: 0.3% (down from 5.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Announcement • May 11
Godrej Industries Limited to Report Q4, 2024 Results on May 17, 2024 Godrej Industries Limited announced that they will report Q4, 2024 results on May 17, 2024 Price Target Changed • Feb 13
Price target increased by 33% to ₹1,010 Up from ₹760, the current price target is provided by 1 analyst. New target price is 24% above last closing price of ₹815. Stock is up 93% over the past year. The company posted earnings per share of ₹28.96 last year. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹3.16 (vs ₹9.34 in 3Q 2023) Third quarter 2024 results: EPS: ₹3.16 (down from ₹9.34 in 3Q 2023). Revenue: ₹38.4b (down 6.0% from 3Q 2023). Net income: ₹1.06b (down 66% from 3Q 2023). Profit margin: 2.8% (down from 7.7% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Feb 09
Godrej Industries Limited Approves Re-Constitution of Certain Committees with Effect from May 1, 2024 Godrej Industries Limited at its board meeting held on February 9, 2024 approved re-constitution of certain committees of the Board of Directors with effect from May 1, 2024, as under: AUDIT COMMITTEE: Mr. Mathew Eipe, Independent Director as Chairperson, Ms. Monaz Noble, Independent Director, Dr. Ganapati Yadav, Independent Director, Mr. Sandeep Murthy, Independent Director and Mr. Vishal Sharma, Whole Time Director as members. STAKEHOLDERS' RELATIONSHIP COMMITTEE: Mr. Mathew Eipe, Independent Director as Chairperson, and Mr. Nadir Godrej, Chairman and Managing Director, Ms. Tanya Dubash, Whole Time Director, Mr. Vishal Sharma, Whole Time Director and Ms. Shweta Bhatia, Independent Director as members. CORPORATE SOCIAL RESPONSIBILITY COMMITTEE: Mr. Nadir Godrej, Chairman and Managing Director as Chairperson and Ms. Tanya Dubash, Whole Time Director, Mr. Vishal Sharma, Whole Time Director and Mr. Mathew Eipe, Independent Director as members. RISK MANAGEMENT COMMITTEE: Mr. Nadir Godrej, Chairman and Managing Director as chairperson, Mr. Vishal Sharma, Whole Time Director, Mr. Mathew Eipe, Independent Director, Dr. Ganapati Yadav, Independent Director and Mr. Clement Pinto, Chief Financial Officer as chairperson. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹2.59 (vs ₹4.64 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.59 (down from ₹4.64 in 2Q 2023). Revenue: ₹42.6b (flat on 2Q 2023). Net income: ₹873.0m (down 44% from 2Q 2023). Profit margin: 2.1% (down from 3.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
Godrej Industries Limited to Report Q2, 2024 Results on Nov 08, 2023 Godrej Industries Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Announcement • Sep 01
Godrej Industries Limited Announces Designation Change of Vishal Sharma from Chief Executive Officer- Designate to Chief Executive Officer Godrej Industries Limited announced that the Nomination and Remuneration Committee and the Board of Directors of the Company have approved change in designation of Mr. Vishal Sharma from the Chief Executive Officer- Designate (CEO-Designate) of GIL-Chemicals Business to the "Chief Executive Officer" (CEO) of GIL- Chemicals Business with effect from September 1, 2023. Mr. Vishal Sharma will continue to report to Mr. Nitin Nabar, Executive Director and President (Chemicals) of the Company. Mr. Vishal Sharma will continue to be a Senior Management Employee (Non-Key Managerial Personnel, Non-Board Member) under the applicable provisions of the Companies Act, 2013 read with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any modification(s) /amendment(s) /re-enactment(s) thereto). Announcement • Aug 01
Godrej Industries Limited to Report Q1, 2024 Results on Aug 11, 2023 Godrej Industries Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Announcement • Jul 21
Godrej Industries Limited Announces Resignation of Atul Prakash as Chief Operating Officer-GIL Chemicals, Effective October 17, 2023 Godrej Industries Limited announced Mr. Atul Prakash was holding the position of the Chief Operating Officer of Officer- GIL Chemicals and has resigned from the said position which shall come into effect from close of business hours on October 17, 2023. Reported Earnings • Jul 20
Full year 2023 earnings released: EPS: ₹28.96 (vs ₹19.42 in FY 2022) Full year 2023 results: EPS: ₹28.96 (up from ₹19.42 in FY 2022). Revenue: ₹176.8b (up 18% from FY 2022). Net income: ₹9.75b (up 49% from FY 2022). Profit margin: 5.5% (up from 4.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Jul 06
Clean Max Enviro Energy Solutions Pvt. Ltd. acquired remaining 26% stake in Clean Max Kaze Private Limited from Godrej Industries Limited (BSE:500164) for INR 42.9 million. Clean Max Enviro Energy Solutions Pvt. Ltd. acquired remaining 26% stake in Clean Max Kaze Private Limited from Godrej Industries Limited (BSE:500164) for INR 42.9 million on July 5, 2023.
Clean Max Enviro Energy Solutions Pvt. Ltd. completed the acquisition of remaining 26% stake in Clean Max Kaze Private Limited from Godrej Industries Limited (BSE:500164) on July 5, 2023. Price Target Changed • May 23
Price target increased by 16% to ₹731 Up from ₹628, the current price target is provided by 1 analyst. New target price is 56% above last closing price of ₹469. Stock is up 4.8% over the past year. The company posted earnings per share of ₹28.96 last year. Reported Earnings • May 20
Full year 2023 earnings released: EPS: ₹28.96 (vs ₹19.42 in FY 2022) Full year 2023 results: EPS: ₹28.96 (up from ₹19.42 in FY 2022). Revenue: ₹177.6b (up 18% from FY 2022). Net income: ₹9.75b (up 49% from FY 2022). Profit margin: 5.5% (up from 4.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Godrej Industries Limited, Annual General Meeting, Aug 11, 2023 Godrej Industries Limited, Annual General Meeting, Aug 11, 2023. Announcement • May 11
Godrej Industries Limited to Report Q4, 2023 Results on May 19, 2023 Godrej Industries Limited announced that they will report Q4, 2023 results at 12:15 PM, Indian Standard Time on May 19, 2023 Announcement • Feb 16
Godrej Industries Limited (BSE:500164) completed the acquisition of 26% stake in Clean Max Kaze Private Limited from Clean Max Enviro Energy Solutions Pvt. Ltd. for INR 0.03 million Godrej Industries Limited (BSE:500164) agreed to acquire 26% stake in Clean Max Kaze Private Limited from Clean Max Enviro Energy Solutions Pvt. Ltd. for INR 0.03 million on February 14, 2023. Consideration is in the form of cash. GIL has acquired 2,600 Equity Shares.
Godrej Industries Limited (BSE:500164) Completed the acquisition of 26% stake in Clean Max Kaze Private Limited from Clean Max Enviro Energy Solutions Pvt. Ltd. on February 14, 2023. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹9.34 (vs ₹4.29 in 3Q 2022) Third quarter 2023 results: EPS: ₹9.34 (up from ₹4.29 in 3Q 2022). Revenue: ₹40.9b (up 9.5% from 3Q 2022). Net income: ₹3.15b (up 118% from 3Q 2022). Profit margin: 7.7% (up from 3.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Feb 03
Godrej Industries Limited to Report Q3, 2023 Results on Feb 13, 2023 Godrej Industries Limited announced that they will report Q3, 2023 results at 12:15 PM, Indian Standard Time on Feb 13, 2023 Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Additional Non Executive Non Independent Director Pirojsha Godrej was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 02
Godrej Industries Limited to Report Q2, 2023 Results on Nov 14, 2022 Godrej Industries Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Aug 07
Godrej Industries Limited to Report Q1, 2023 Results on Aug 12, 2022 Godrej Industries Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Announcement • Jun 03
Godrej Industries Limited (BSE:500164) acquired an additional 4.7% stake in Godrej Capital Limited for INR 6850 million. Godrej Industries Limited (BSE:500164) acquired an additional 4.7% stake in Godrej Capital Limited for INR 6850 million on June 2, 2022.
Godrej Industries Limited (BSE:500164) completed the acquisition of an additional 4.7% stake in Godrej Capital Limited for INR 6850 million on June 2, 2022. Announcement • May 28
Godrej Industries Limited, Annual General Meeting, Aug 12, 2022 Godrej Industries Limited, Annual General Meeting, Aug 12, 2022. Reported Earnings • May 28
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₹19.42 (up from ₹9.91 in FY 2021). Revenue: ₹141.3b (up 42% from FY 2021). Net income: ₹6.54b (up 96% from FY 2021). Profit margin: 4.6% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • May 20
Godrej Industries Limited to Report Q4, 2022 Results on May 27, 2022 Godrej Industries Limited announced that they will report Q4, 2022 results on May 27, 2022 Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Additional Non Executive Non Independent Director Pirojsha Godrej was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 13
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: ₹4.29 (up from ₹3.92 in 3Q 2021). Revenue: ₹37.3b (up 48% from 3Q 2021). Net income: ₹1.44b (up 9.4% from 3Q 2021). Profit margin: 3.9% (down from 5.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Feb 03
Godrej Industries Limited to Report Q3, 2022 Results on Feb 11, 2022 Godrej Industries Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Executive Departure • Oct 06
Non-Executive Chairman Adi Godrej has left the company On the 1st of October, Adi Godrej's tenure as Non-Executive Chairman ended after 33.6 years in the role. As of June 2021, Adi still personally held 1.35m shares (₹772m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.46 years. Reported Earnings • Jul 22
Full year 2021 earnings released: EPS ₹9.91 (vs ₹11.30 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: ₹99.3b (down 16% from FY 2020). Net income: ₹3.33b (down 12% from FY 2020). Profit margin: 3.4% (up from 3.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jul 03
Insider recently sold ₹1.7m worth of stock On the 28th of June, Shailesh Deshpande sold around 3k shares on-market at roughly ₹574 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.4m more than they bought in the last 12 months. Reported Earnings • May 24
Full year 2021 earnings released: EPS ₹9.90 (vs ₹11.25 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: ₹99.9b (down 15% from FY 2020). Net income: ₹3.33b (down 12% from FY 2020). Profit margin: 3.3% (up from 3.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Apr 02
Board Member recently sold ₹2.2m worth of stock On the 30th of March, Nitin Nabar sold around 4k shares on-market at roughly ₹538 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹12m more than they bought in the last 12 months. Executive Departure • Apr 01
Independent Non-Executive Director has left the company On the 1st of April, Kavas Petigara's tenure as Independent Non-Executive Director ended after 19.2 years in the role. We don't have any record of a personal shareholding under Kavas' name. A total of 3 executives have left over the last 12 months. Is New 90 Day High Low • Mar 08
New 90-day high: ₹474 The company is up 8.0% from its price of ₹438 on 08 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 18% over the same period. Announcement • Mar 01
Godrej Industries Limited Appoints Sandeep Murthy as an Additional Director Non-Executive Independent Director, Effective March 1, 2021 The Board of Directors of Godrej Industries Limited approved the appointment of Mr. Sandeep Murthy as an Additional Director Non-Executive Independent Director on the Board of Directors of the Company with effect from March 1, 2021 for a term of five years, i.e., up to February 28, 2026, subject To Approve the Shareholders of the Company. Mr. Sandeep Murthy will be a Non-Executive, Independent Director and he is not related to the Promoter or Promoter Group and fulfills the criteria of independence as required under the provisions of the Companies Act. Executive Departure • Feb 17
Independent Non-Executive Director has left the company On the 11th of February, Keki Elavia's tenure as Independent Non-Executive Director ended after 7.7 years in the role. We don't have any record of a personal shareholding under Keki's name. A total of 3 executives have left over the last 12 months. Announcement • Feb 13
Keki Elavia Steps Down as Non-Executive Independent Director of Godrej Industries Limited Godrej Industries Limited announced that Mr. Keki Elavia has stepped down from the position of the "Non-Executive Independent Director" of the Company with effect from close of business hours on February 11, 2021. The Board of Directors have taken note of his resignation and appreciates his valuable contribution and support during his term as the Director of the Company. Reported Earnings • Feb 13
Third quarter 2021 earnings released: EPS ₹3.92 (vs ₹3.35 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹25.2b (down 12% from 3Q 2020). Net income: ₹1.32b (up 17% from 3Q 2020). Profit margin: 5.2% (up from 3.9% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 06
Godrej Industries Limited to Report Q3, 2021 Results on Feb 12, 2021 Godrej Industries Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Recent Insider Transactions • Nov 21
Insider recently sold ₹321k worth of stock On the 18th of November, Nasim Ali sold around 800 shares on-market at roughly ₹401 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹1.2m. Despite this recent sale, insiders have collectively bought ₹92m more than they sold in the last 12 months. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹4.41 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹25.7b (down 7.9% from 2Q 2020). Net income: ₹1.48b (up 37% from 2Q 2020). Profit margin: 5.8% (up from 3.9% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Nov 05
Godrej Industries Limited to Report Q2, 2021 Results on Nov 11, 2020 Godrej Industries Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Announcement • Oct 29
Aspy Cooper Ceases as Independent Director of Godrej Industries Limited Godrej Industries Limited announced that the tenure of directorship Mr. Aspy Cooper Independent Director of the Company, who was appointed as an Independent Director of the Company for a term of 5 (Five) years, i.e. from October 28, 2015 to October 27, 2020, has come to an end and accordingly, he has ceased to be the Independent Director of the Company with effect from close of business hours on October 27, 2020. Recent Insider Transactions • Sep 22
Insider recently sold ₹1.2m worth of stock On the 14th of September, Sandeep Singh sold around 3k shares on-market at roughly ₹415 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹92m more than they sold in the last 12 months. Announcement • Aug 04
Godrej Industries Limited to Report Q1, 2021 Results on Aug 13, 2020 Godrej Industries Limited announced that they will report Q1, 2021 results on Aug 13, 2020 