|
Net
sales (including other operating income) of Godrej Industries has increased
34.39% to Rs 4824.83 crore. Sales of
Chemicals segment has gone up 44.21% to Rs 890.77 crore (accounting for 16.46%
of total sales). Sales of Animal Feed
segment has gone down 1.33% to Rs 1,274.18 crore (accounting for 23.55% of
total sales). Sales of Veg Oils segment
rose 40.21% to Rs 591.53 crore (accounting for 10.93% of total sales). Sales of Estate & Property Development
segment has gone up 123.75% to Rs 1,233.17 crore (accounting for 22.79% of
total sales). Sales of Finance and
Investments segment has gone up 54.73% to Rs 574.08 crore (accounting for
10.61% of total sales). Sales of Dairy
segment has gone up 1.00% to Rs 369.84 crore (accounting for 6.84% of total
sales). Sales of Crop Protection segment
has gone down 13.05% to Rs 193.42 crore (accounting for 3.57% of total
sales). Sales of Others segment has gone
down 0.40% to Rs 253.04 crore (accounting for 4.68% of total sales). Sales of Hospitality segment has gone up
78.56% to Rs 30.32 crore (accounting for 0.56% of total sales). Inter-segment sales came down from Rs 269.03
crore to Rs 263.47 crore.
Profit
before interest, tax and other unallocable items (PBIT) has jumped 83.03% to Rs
662.55 crore. PBIT of Chemicals segment
rose 265.82% to Rs 113.33 crore (accounting for 17.11% of total PBIT). PBIT of Animal Feed segment rose 43.03% to Rs
78.21 crore (accounting for 11.80% of total PBIT). PBIT of Veg Oils segment rose 52.48% to Rs
101.72 crore (accounting for 15.35% of total PBIT). PBIT of Estate & Property Development
segment rose 64.70% to Rs 280.44 crore (accounting for 42.33% of total
PBIT). PBIT of Finance and Investments
segment rose 219.68% to Rs 63.04 crore (accounting for 9.51% of total
PBIT). PBIT of Dairy segment fell 9.39%
to Rs 9.26 crore (accounting for 1.40% of total PBIT). PBIT of Crop Protection segment fell 51.96%
to Rs 11.91 crore (accounting for 1.80% of total PBIT). PBIT of Others reported profit of Rs 0.40
crore compared to loss of Rs 11.32 crore.
PBIT of Hospitality reported profit of Rs 4.24 crore compared to loss of
Rs 4.06 crore.
PBIT
margin of Chemicals segment rose from 5.02% to 12.72%. PBIT margin of Animal Feed segment rose from
4.23% to 6.14%. PBIT margin of Veg Oils
segment rose from 15.81% to 17.20%. PBIT
margin of Estate & Property Development segment fell from 30.89% to
22.74%. PBIT margin of Finance and Investments
segment rose from 5.32% to 10.98%. PBIT
margin of Dairy segment fell from 2.79% to 2.50%. PBIT margin of Crop Protection segment fell
from 11.14% to 6.16%. PBIT margin of
Others segment rose from negative 4.46% to 0.16%. PBIT margin of Hospitality segment rose from
negative 23.91% to 13.98%. Overall PBIT
margin rose from 8.80% to 12.25%.
Operating
profit margin has jumped from 7.78% to 12.37%, leading to 113.68% rise in
operating profit to Rs 596.84 crore. Raw
material cost as a % of total sales (net of stock adjustments) decreased from
36.14% to 31.64%. Purchase of finished
goods cost fell from 3.86% to 1.98%.
Employee cost decreased from 4.98% to 4.73%. Other expenses rose from 50.18% to
53.99%. Selling and administration
expenses rose from 39.78% to 43.35%.
Construction development cost rose from 39.78% to 43.35%.
Other
income rose 26.96% to Rs 322.05 crore.
PBIDT rose 72.41% to Rs 918.89 crore.
Provision for interest rose 45.27% to Rs 504.95 crore.
PBDT
rose 123.29% to Rs 413.94 crore.
Provision for depreciation rose 16.02% to Rs 110.93 crore.
Profit
before tax grew 237.54% to Rs 303.01 crore.
Share of profit/loss was 9.83% lower at Rs 113.67 crore. Provision for tax was expense of Rs 104.28
crore, compared to Rs 51.25 crore.
Effective tax rate was 25.03% compared to 23.75%.
Minority
interest increased 113.51% to Rs 124.20 crore.
Net profit attributable to owners of the company increased 76.86% to Rs
188.20 crore.
Promoters’
stake was 65.73% as of 31 December 2024 ,compared to 67.16% as of 31 December
2023 . Promoters pledged stake was 5.74%
as of 31 December 2024 ,compared to 5.62% as of 31 December 2023 .
For year-to-date
(YTD) results analysis
Net
sales (including other operating income) of Godrej Industries has increased
15.33% to Rs 13877.72 crore. Sales of
Chemicals segment has gone up 20.53% to Rs 2,442.18 crore (accounting for
14.76% of total sales). Sales of Animal Feed
segment has gone down 4.80% to Rs 3,634.93 crore (accounting for 21.97% of
total sales). Sales of Veg Oils segment
rose 4.07% to Rs 1,493.17 crore (accounting for 9.02% of total sales). Sales of Estate & Property Development
segment has gone up 73.72% to Rs 4,281.85 crore (accounting for 25.88% of total
sales). Sales of Finance and Investments
segment has gone up 100.66% to Rs 1,805.06 crore (accounting for 10.91% of
total sales). Sales of Dairy segment has
gone up 1.72% to Rs 1,201.06 crore (accounting for 7.26% of total sales). Sales of Crop Protection segment has gone down
13.09% to Rs 854.65 crore (accounting for 5.17% of total sales). Sales of Others segment has gone down 14.10%
to Rs 756.79 crore (accounting for 4.57% of total sales). Sales of Hospitality segment has gone up
343.82% to Rs 75.36 crore (accounting for 0.46% of total sales). Inter-segment sales rose Rs 711.59 crore to
Rs 1,020.54 crore.
Profit
before interest, tax and other unallocable items (PBIT) has jumped 84.13% to Rs
2,452.66 crore. PBIT of Chemicals
segment rose 35.85% to Rs 286.49 crore (accounting for 11.68% of total
PBIT). PBIT of Animal Feed segment rose
35.90% to Rs 229.92 crore (accounting for 9.37% of total PBIT). PBIT of Veg Oils segment rose 36.89% to Rs 204.88
crore (accounting for 8.35% of total PBIT).
PBIT of Estate & Property Development segment rose 156.58% to Rs
1,351.01 crore (accounting for 55.08% of total PBIT). PBIT of Finance and Investments segment rose
138.76% to Rs 160.02 crore (accounting for 6.52% of total PBIT). PBIT of Dairy segment rose 240.09% to Rs
36.22 crore (accounting for 1.48% of total PBIT). PBIT of Crop Protection segment fell 9.37% to
Rs 153.75 crore (accounting for 6.27% of total PBIT). PBIT of Others segment fell 33.15% to Rs
21.74 crore (accounting for 0.89% of total PBIT). PBIT of Hospitality reported profit of Rs
8.63 crore compared to loss of Rs 4.06 crore.
PBIT
margin of Chemicals segment rose from 10.41% to 11.73%. PBIT margin of Animal Feed segment rose from
4.43% to 6.33%. PBIT margin of Veg Oils
segment rose from 10.43% to 13.72%. PBIT
margin of Estate & Property Development segment rose from 21.36% to
31.55%. PBIT margin of Finance and
Investments segment rose from 7.45% to 8.87%.
PBIT margin of Dairy segment rose from 0.90% to 3.02%. PBIT margin of Crop Protection segment rose
from 17.25% to 17.99%. PBIT margin of
Others segment fell from 3.69% to 2.87%.
PBIT margin of Hospitality segment rose from negative 23.91% to 11.45%. Overall PBIT margin rose from 9.72% to
14.82%.
Operating
profit margin has jumped from 6.54% to 10.85%, leading to 91.43% rise in
operating profit to Rs 1,505.53 crore.
Raw material cost as a % of total sales (net of stock adjustments)
decreased from 45.54% to 34.52%.
Purchase of finished goods cost fell from 3.37% to 2.50%. Employee cost decreased from 5.56% to
5.22%. Other expenses rose from 40.39%
to 50.27%. Selling and administration
expenses rose from 27.52% to 38.60%.
Construction development cost rose from 27.52% to 38.60%.
Other
income rose 71.42% to Rs 1646.79 crore.
PBIDT rose 80.43% to Rs 3152.32 crore.
Provision for interest rose 43.84% to Rs 1414.56 crore.
PBDT
rose 127.54% to Rs 1737.76 crore.
Provision for depreciation rose 18.20% to Rs 319.72 crore.
Profit
before tax grew 187.49% to Rs 1,418.04 crore.
Share of profit/loss was 14.03% lower at Rs 299.89 crore. Provision for tax was expense of Rs 275.83
crore, compared to Rs 221.6 crore.
Effective tax rate was 16.06% compared to 26.32%.
Minority
interest increased 158.83% to Rs 643.81 crore.
Net profit attributable to owners of the company increased 114.74% to Rs
798.29 crore.
Promoters’
stake was 65.73% as of 31 December 2024 ,compared to 67.16% as of 31 December
2023 . Promoters pledged stake was 5.74%
as of 31 December 2024 ,compared to 5.62% as of 31 December 2023 .
The scrip is
currently trading at Rs 812
|
Godrej Industries : Consolidated
Results
|
|
Particulars
|
2412 (03)
|
2312 (03)
|
Var.(%)
|
2412 (09)
|
2312 (09)
|
Var.(%)
|
2403 (12)
|
2303 (12)
|
Var.(%)
|
|
Net Sales (including other operating income)
|
4,824.83
|
3,590.08
|
34
|
13,877.72
|
12,033.35
|
15
|
16,600.62
|
16,740.25
|
-1
|
|
OPM (%)
|
12.4
|
7.8
|
|
10.9
|
6.5
|
|
7.5
|
9.0
|
|
|
OP
|
596.84
|
279.31
|
114
|
1,505.53
|
786.47
|
91
|
1,244.53
|
1,510.22
|
-18
|
|
Other Inc.
|
322.05
|
253.67
|
27
|
1,646.79
|
960.67
|
71
|
1,496.36
|
1,022.11
|
46
|
|
PBIDT
|
918.89
|
532.98
|
72
|
3,152.32
|
1,747.14
|
80
|
2,740.89
|
2,532.33
|
8
|
|
Interest
|
504.95
|
347.6
|
45
|
1,414.56
|
983.42
|
44
|
1,352.42
|
942.7
|
43
|
|
PBDT
|
413.94
|
185.38
|
123
|
1,737.76
|
763.72
|
128
|
1,388.47
|
1,589.63
|
-13
|
|
Depreciation
|
110.93
|
95.61
|
16
|
319.72
|
270.48
|
18
|
370.75
|
304.52
|
22
|
|
PBT
|
303.01
|
89.77
|
238
|
1418.04
|
493.24
|
187
|
1017.72
|
1285.11
|
-21
|
|
Share of Profit/(Loss) from Associates
|
113.67
|
126.06
|
-10
|
299.89
|
348.85
|
-14
|
-53.28
|
395.47
|
PL
|
|
PBT before EO
|
416.68
|
215.83
|
93
|
1717.93
|
842.09
|
104
|
964.44
|
1680.58
|
-43
|
|
EO Income
|
0
|
0
|
-
|
0
|
0
|
-
|
0
|
0
|
-
|
|
PBT after EO
|
416.68
|
215.83
|
93
|
1717.93
|
842.09
|
104
|
964.44
|
1680.58
|
-43
|
|
Taxation
|
104.28
|
51.25
|
103
|
275.83
|
221.6
|
24
|
369.28
|
259.94
|
42
|
|
PAT
|
312.4
|
164.58
|
90
|
1442.1
|
620.49
|
132
|
595.16
|
1420.64
|
-58
|
|
Minority Interest (MI)
|
124.2
|
58.17
|
114
|
643.81
|
248.74
|
159
|
535.19
|
445.86
|
20
|
|
Net profit
|
188.2
|
106.41
|
77
|
798.29
|
371.75
|
115
|
59.97
|
974.78
|
-94
|
|
EPS (Rs)*
|
#
|
#
|
|
#
|
#
|
|
1.8
|
29.0
|
|
|
Notes
|
|
* EPS is on current equity of Rs 33.68 crore, Face value of Rs
1, Excluding extraordinary items.
|
|
# EPS is not annualised
|
|
bps : Basis points
|
|
EO : Extraordinary items
|
|
Figures in Rs crore
|
|
Source: Capitaline Corporate Database
|
|
Godrej Industries : Consolidated
Segment Results
|
|
|
% of (Total)
|
2412 (03)
|
2312 (03)
|
Var.(%)
|
% of (Total)
|
2412 (09)
|
2312 (09)
|
Var.(%)
|
% of (Total)
|
2403 (12)
|
2303 (12)
|
Var.(%)
|
|
Sales
|
|
|
|
|
|
Chemicals
|
16
|
890.77
|
617.68
|
44
|
15
|
2,442.18
|
2,026.27
|
21
|
14
|
2,696.67
|
4,172.97
|
-35
|
|
Animal Feed
|
24
|
1,274.18
|
1,291.39
|
-1
|
22
|
3,634.93
|
3,818.10
|
-5
|
26
|
5,007.65
|
4,956.69
|
1
|
|
Veg Oils
|
11
|
591.53
|
421.89
|
40
|
9
|
1,493.17
|
1,434.74
|
4
|
9
|
1,675.65
|
1,930.65
|
-13
|
|
Estate & Property Development
|
23
|
1,233.17
|
551.14
|
124
|
26
|
4,281.85
|
2,464.85
|
74
|
23
|
4,374.60
|
3,119.25
|
40
|
|
Finance and Investments
|
11
|
574.08
|
371.01
|
55
|
11
|
1,805.06
|
899.58
|
101
|
6
|
1,208.72
|
525.44
|
130
|
|
Dairy
|
7
|
369.84
|
366.18
|
1
|
7
|
1,201.06
|
1,180.74
|
2
|
8
|
1,572.86
|
1,501.13
|
5
|
|
Crop Protection
|
4
|
193.42
|
222.46
|
-13
|
5
|
854.65
|
983.36
|
-13
|
7
|
1,237.78
|
1,196.25
|
3
|
|
Others
|
5
|
253.04
|
254.05
|
0
|
5
|
756.79
|
880.98
|
-14
|
6
|
1,129.18
|
1,164.28
|
-3
|
|
Hospitality
|
1
|
30.32
|
16.98
|
79
|
0
|
75.36
|
16.98
|
344
|
|
|
|
|
|
Total Reported Sales
|
100
|
5,410.35
|
4,112.78
|
32
|
100
|
16,545.05
|
13,705.60
|
21
|
100
|
18,943.77
|
18,566.66
|
2
|
|
Less: Inter segment revenues
|
|
263.47
|
269.03
|
-2
|
|
1,020.54
|
711.59
|
43
|
|
846.79
|
804.3
|
5
|
|
Net Sales
|
|
5,146.88
|
3,843.75
|
34
|
|
15,524.51
|
12,994.01
|
19
|
|
18,096.98
|
17,762.36
|
2
|
|
PBIT
|
|
|
|
|
|
Chemicals
|
17
|
113.33
|
30.98
|
266
|
12
|
286.49
|
210.89
|
36
|
12
|
253.95
|
697.02
|
-64
|
|
Animal Feed
|
12
|
78.21
|
54.68
|
43
|
9
|
229.92
|
169.18
|
36
|
11
|
238.63
|
184.76
|
29
|
|
Veg Oils
|
15
|
101.72
|
66.71
|
52
|
8
|
204.88
|
149.67
|
37
|
8
|
166.44
|
261.27
|
-36
|
|
Estate & Property Development
|
42
|
280.44
|
170.27
|
65
|
55
|
1,351.01
|
526.54
|
157
|
51
|
1,105.27
|
1,003.06
|
10
|
|
Finance and Investments
|
10
|
63.04
|
19.72
|
220
|
7
|
160.02
|
67.02
|
139
|
5
|
116.25
|
9.35
|
1143
|
|
Dairy
|
1
|
9.26
|
10.22
|
-9
|
1
|
36.22
|
10.65
|
240
|
1
|
30.99
|
-43.85
|
LP
|
|
Crop Protection
|
2
|
11.91
|
24.79
|
-52
|
6
|
153.75
|
169.64
|
-9
|
10
|
216.43
|
125.5
|
72
|
|
Others
|
0
|
0.4
|
-11.32
|
LP
|
1
|
21.74
|
32.52
|
-33
|
2
|
40.75
|
19.22
|
112
|
|
Hospitality
|
1
|
4.24
|
-4.06
|
LP
|
0
|
8.63
|
-4.06
|
LP
|
|
|
|
|
|
Total PBIT
|
100
|
662.55
|
361.99
|
83
|
100
|
2,452.66
|
1,332.05
|
84
|
100
|
2,169.22
|
2,256.33
|
-4
|
|
Less : Interest
|
|
266.01
|
213.54
|
25
|
|
775.1
|
629.52
|
23
|
|
842.42
|
751.24
|
12
|
|
Add: Other un-allcoable
|
|
-93.53
|
-58.68
|
-59
|
|
-259.52
|
-209.31
|
-24
|
|
-309.08
|
-219.98
|
-41
|
|
PBT
|
|
303.01
|
89.77
|
238
|
|
1,418.04
|
493.22
|
188
|
|
1,017.72
|
1,285.11
|
-21
|
|