NSEI:GODFRYPHLP

Stock Analysis Report

Executive Summary

Godfrey Phillips India Limited manufactures and sells cigarettes, chewing products, and tobacco products primarily in India.


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.

Share Price & News

How has Godfrey Phillips India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GODFRYPHLP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

25.2%

GODFRYPHLP

14.6%

IN Tobacco

9.3%

IN Market


1 Year Return

-16.8%

GODFRYPHLP

-40.7%

IN Tobacco

-29.6%

IN Market

Return vs Industry: GODFRYPHLP exceeded the Indian Tobacco industry which returned -41.4% over the past year.

Return vs Market: GODFRYPHLP exceeded the Indian Market which returned -30.6% over the past year.


Shareholder returns

GODFRYPHLPIndustryMarket
7 Day25.2%14.6%9.3%
30 Day-18.2%-11.2%-23.3%
90 Day-27.3%-23.4%-28.0%
1 Year-13.9%-16.8%-38.4%-40.7%-28.2%-29.6%
3 Year-14.7%-18.8%-37.4%-43.5%-15.8%-20.5%
5 Year120.3%106.0%-26.3%-37.7%-4.7%-9.6%

Price Volatility Vs. Market

How volatile is Godfrey Phillips India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Godfrey Phillips India undervalued compared to its fair value and its price relative to the market?

12.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GODFRYPHLP (₹940.5) is trading above our estimate of fair value (₹901.9)

Significantly Below Fair Value: GODFRYPHLP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GODFRYPHLP is good value based on its PE Ratio (12.4x) compared to the Tobacco industry average (13x).

PE vs Market: GODFRYPHLP is poor value based on its PE Ratio (12.4x) compared to the Indian market (9.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GODFRYPHLP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GODFRYPHLP is overvalued based on its PB Ratio (2.2x) compared to the IN Tobacco industry average (2.2x).


Next Steps

Future Growth

How is Godfrey Phillips India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.0%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Godfrey Phillips India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Godfrey Phillips India performed over the past 5 years?

18.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GODFRYPHLP has high quality earnings.

Growing Profit Margin: GODFRYPHLP's current net profit margins (13.6%) are higher than last year (9.6%).


Past Earnings Growth Analysis

Earnings Trend: GODFRYPHLP's earnings have grown by 18.3% per year over the past 5 years.

Accelerating Growth: GODFRYPHLP's earnings growth over the past year (67.6%) exceeds its 5-year average (18.3% per year).

Earnings vs Industry: GODFRYPHLP earnings growth over the past year (67.6%) exceeded the Tobacco industry -1.9%.


Return on Equity

High ROE: GODFRYPHLP's Return on Equity (17.7%) is considered low.


Next Steps

Financial Health

How is Godfrey Phillips India's financial position?


Financial Position Analysis

Short Term Liabilities: GODFRYPHLP's short term assets (₹12.6B) exceed its short term liabilities (₹7.4B).

Long Term Liabilities: GODFRYPHLP's short term assets (₹12.6B) exceed its long term liabilities (₹3.5B).


Debt to Equity History and Analysis

Debt Level: GODFRYPHLP's debt to equity ratio (2.2%) is considered satisfactory.

Reducing Debt: GODFRYPHLP's debt to equity ratio has reduced from 20.8% to 2.2% over the past 5 years.

Debt Coverage: GODFRYPHLP's debt is well covered by operating cash flow (809.5%).

Interest Coverage: GODFRYPHLP's interest payments on its debt are well covered by EBIT (25.6x coverage).


Balance Sheet

Inventory Level: GODFRYPHLP has a high level of physical assets or inventory.

Debt Coverage by Assets: GODFRYPHLP's debt is covered by short term assets (assets are 25.8x debt).


Next Steps

Dividend

What is Godfrey Phillips India's current dividend yield, its reliability and sustainability?

2.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GODFRYPHLP's dividend (2.55%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).

High Dividend: GODFRYPHLP's dividend (2.55%) is low compared to the top 25% of dividend payers in the Indian market (4.16%).


Stability and Growth of Payments

Stable Dividend: GODFRYPHLP's dividends per share have been stable in the past 10 years.

Growing Dividend: GODFRYPHLP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.2%), GODFRYPHLP's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Bhisham Wadhera

no data

Tenure

Mr. Bhisham Wadhera serves as the Chief Executive Officer and BR Head of Godfrey Phillips India Limited. Mr. Wadhera served as Chief Operating Officer of International at Godfrey Phillips India Limited and ...


CEO Compensation Analysis

Compensation vs Market: Bhisham's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD464.36K).

Compensation vs Earnings: Bhisham's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Bina Modi
President5.83yrs₹800.00kno data
Sunil Agrawal
CFO & Executive VP of Finance9.17yrs₹18.83m0.00096% 452.6k
Sharad Aggarwal
Executive VP of Operations & Whole Time Director2.42yrs₹19.02mno data
Sanjay Gupta
Compliance Officer & Company Secretary11.25yrs₹12.46m0.00077% 363.0k
Samir Modi
Executive Director26.17yrs₹176.29m0.0039% 1.8m
Bhisham Wadhera
CEO & BR Headno datano datano data

5.8yrs

Average Tenure

Experienced Management: GODFRYPHLP's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bina Modi
President5.83yrs₹800.00kno data
Sharad Aggarwal
Executive VP of Operations & Whole Time Director2.42yrs₹19.02mno data
Samir Modi
Executive Director26.17yrs₹176.29m0.0039% 1.8m
Rajendra Shah
Chairman of the Boardno data₹1.20m0.038% 18.1m
Lalit Bhasin
Non Executive & Independent Director34yrs₹1.30m0.0039% 1.8m
Anup Kothari
Non Executive & Independent Director31yrs₹1.30m0.012% 5.4m
Atul Gupta
Non-Executive Independent Director4.67yrs₹1.10mno data
Ruchir Kumar Modi
Non-Independent & Non-Executive Director4yrs₹15.00m0.0039% 1.8m
Nirmala Bagri
Non-Executive & Independent Director0.83yrno datano data

5.3yrs

Average Tenure

72yo

Average Age

Experienced Board: GODFRYPHLP's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Godfrey Phillips India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Godfrey Phillips India Limited
  • Ticker: GODFRYPHLP
  • Exchange: NSEI
  • Founded: 1936
  • Industry: Tobacco
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹47.143b
  • Shares outstanding: 51.99m
  • Website: https://www.godfreyphillips.com

Location

  • Godfrey Phillips India Limited
  • Omaxe Square
  • Plot No.14
  • New Delhi
  • Delhi
  • 110025
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500163BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1994
GODFRYPHLPNSEI (National Stock Exchange of India)YesEquity SharesININRAug 1994

Biography

Godfrey Phillips India Limited manufactures and sells cigarettes, chewing products, and tobacco products primarily in India. It operates through Cigarette, Tobacco, and Related Products; Retail and Related products; and Other segments. The company also manufactures leaf blends and cut tobacco; and trades in and distributes tobacco and other retail products, and vaping devices. It sells its cigarette products under the Four Square, Red & White, Cavanders, Stellar, North Pole and Tipper, Time 7, Originals, Business Kings, Jaisalmer, and Marlboro brands; pan masala under the Pan Vilas and RAAG brands; mouth freshener under the Pan Vilas Silver Dewz brand; and candies under the Funda Goli brand name. In addition, the company grows tobacco; and operates convenience stores under the 24SEVEN name. Further, it is also involved in the real estate business. The company also exports its products to Latin America, South East Asia, the Middle East, Africa, and Europe. Godfrey Phillips India Limited was incorporated in 1936 and is based in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 13:19
End of Day Share Price2020/03/31 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.