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Economic Times
4 days ago
- Business
- Economic Times
Godfrey Phillips shares surge 16% in 2 days, hit 52-week high. Here's why
Godfrey Phillips share price target Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Godfrey Phillips India rallied 16.4% over the last two sessions after the company posted strong Q1 earnings and announced a bonus issue. In Wednesday's trade, the stock jumped nearly 6% to hit a 52-week high of Rs 10,464.1 on the Monday, the cigarette maker reported a 56% year-on-year (YoY) rise in consolidated net profit to Rs 356.28 crore for the June quarter, driven by higher sales. In the same quarter last year, profit stood at Rs 228.55 from operations rose to Rs 1,813.26 crore from Rs 1,358.81 crore a year ago. Total expenses increased to Rs 1,506.68 crore from Rs 1,118.49 crore in the corresponding company's board approved a bonus share issue in a 2:1 ratio — two fully paid-up bonus shares of Rs 2 each for every one existing share — through capitalisation of general reserves and/or retained earnings. The issuance is subject to shareholder and regulatory to Trendlyne, the average target price for Godfrey Phillips stands at Rs 1,787, indicating an upside potential of 11% from current levels. The stock holds a 'Buy' recommendation from 19 10:19 am, shares of Godfrey Phillips were trading 5.2% higher at Rs 10,400. The stock is up 107% year-to-date and has gained nearly 420% over the past two years. Its current market capitalisation stands at Rs 54,106 Phillips India is one of the leading FMCG Companies in India, the flagship company of KK Modi Group. They have many iconic cigarette brands like Four Square, Red & White, and Cavanders to their also has an exclusive sourcing and supply agreement with Philip Morris International to manufacture and distribute the renowned Marlboro brand in India.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
4 days ago
- Business
- Time of India
Godfrey Phillips shares surge 16% in 2 days, hit 52-week high. Here's why
Shares of Godfrey Phillips India rallied 16.4% over the last two sessions after the company posted strong Q1 earnings and announced a bonus issue. In Wednesday's trade, the stock jumped nearly 6% to hit a 52-week high of Rs 10,464.1 on the BSE. Tired of too many ads? Remove Ads Godfrey Phillips share price target Tired of too many ads? Remove Ads Shares of Godfrey Phillips India rallied 16.4% over the last two sessions after the company posted strong Q1 earnings and announced a bonus issue. In Wednesday's trade, the stock jumped nearly 6% to hit a 52-week high of Rs 10,464.1 on the Monday, the cigarette maker reported a 56% year-on-year (YoY) rise in consolidated net profit to Rs 356.28 crore for the June quarter, driven by higher sales. In the same quarter last year, profit stood at Rs 228.55 from operations rose to Rs 1,813.26 crore from Rs 1,358.81 crore a year ago. Total expenses increased to Rs 1,506.68 crore from Rs 1,118.49 crore in the corresponding company's board approved a bonus share issue in a 2:1 ratio — two fully paid-up bonus shares of Rs 2 each for every one existing share — through capitalisation of general reserves and/or retained earnings. The issuance is subject to shareholder and regulatory to Trendlyne, the average target price for Godfrey Phillips stands at Rs 1,787, indicating an upside potential of 11% from current levels. The stock holds a 'Buy' recommendation from 19 10:19 am, shares of Godfrey Phillips were trading 5.2% higher at Rs 10,400. The stock is up 107% year-to-date and has gained nearly 420% over the past two years. Its current market capitalisation stands at Rs 54,106 Phillips India is one of the leading FMCG Companies in India, the flagship company of KK Modi Group. They have many iconic cigarette brands like Four Square, Red & White, and Cavanders to their also has an exclusive sourcing and supply agreement with Philip Morris International to manufacture and distribute the renowned Marlboro brand in India.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Business Standard
5 days ago
- Business
- Business Standard
Godfrey Phillips spurts as Q1 PAT rises 56% YoY to Rs 356 cr; to issue 2:1 bonus shares
Godfrey Phillips India soared 9.20% to Rs 9,819.20 after the company's consolidated net profit climbed 55.89% to Rs 356.31 crore in Q1 FY26, compared with Rs 228.56 crore in Q1 FY25. Total revenue from operations (excluding excise duty) increased 36.54% year on year to Rs 1,486.2 crore in Q1 FY26. Profit before tax (PBT) was at Rs 447.99 crore in Q1 FY26, up 33.32%, compared with Rs 336.02 crore in Q1 FY25. Total expenses jumped 34.70% YoY to Rs 1,506.68 crore during the quarter. The cost of material consumed stood at Rs 454.56 crore (up 36.99% YoY), employees benefit expenses was at Rs 113.77 crore (up 21.03% YoY) and finance cost was at Rs 2.90 crore (up 5.07% YoY) during the period under review. Revenue from cigarettes, tobacco and related products jumped 33.09% YoY to Rs 1,781.36 crore in Q1 FY26 while revenue from retail and related products gained 56.29% to Rs 31.90 crore in Q1 FY26 from Rs 20.41 crore in Q1 FY25. The company also announced that its board of directors, at a meeting held on 4 August 2025, approved a bonus issue of equity shares in the ratio of 2:1. Under the scheme, shareholders will receive two fully paid-up bonus equity shares of face value Rs 2 each for every one existing fully paid-up equity share of Rs 2 held. The bonus shares will be issued by capitalising the companys general reserves and/or retained earnings. The record date for determining shareholder eligibility for the bonus shares has been fixed as Tuesday, 16 September 2025. Godfrey Phillips India is one of the leading FMCG Companies in India - flagship company of KK Modi Group. They have 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.
Economic Times
15-05-2025
- Business
- Economic Times
Godfrey Phillips Q4 Results: Profit jumps 30% to Rs 240 crore, revenue soars 70%
Cigarette maker Godfrey Phillips India Ltd on Thursday reported a 30.73 per cent rise in its consolidated net profit to Rs 293.96 crore in the March quarter of FY25. The company had posted a net profit of Rs 224.86 crore during the January-March period a year ago, according to a regulatory filing from Godfrey Phillips India, the flagship company of Modi Enterprises. ADVERTISEMENT However, its revenue from operations was up 70.6 per cent to Rs 1,887.79 crore during the March quarter of FY25. It stood at Rs 1,106.64 crore in the corresponding period of the previous fiscal. Total expenses of Godfrey Phillips during the period under review increased 75.58 per cent to Rs 1,663.92 crore. Godfrey Phillips' total income, which includes other income, was Rs 1,965.44 crore, up 67.77 per cent in Q4FY25. For the financial year ended March 31, 2025, Godfrey Phillips' net profit grew 24.45 per cent to Rs 1,152.89 crore, from Rs 926.35 crore a year ago. In FY25, its total consolidated income rose 36.66 per cent to Rs 6,988.11 crore. ADVERTISEMENT Godfrey Phillips India is the flagship company of Modi Enterprises. It makes popular cigarette brands like Four Square, Red and White, Cavanders, Tipper and North Pole. It also manufactures and distributes the brand Marlboro under a license agreement with Philip Morris. Shares of Godfrey Phillips India Ltd on Thursday settled at Rs 9,199.80 apiece, up 2.65 per cent from the previous close on the BSE. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
15-05-2025
- Business
- Time of India
Godfrey Phillips Q4 Results: Profit jumps 30% to Rs 240 crore, revenue soars 70%
Cigarette maker Godfrey Phillips India Ltd on Thursday reported a 30.73 per cent rise in its consolidated net profit to Rs 293.96 crore in the March quarter of FY25. The company had posted a net profit of Rs 224.86 crore during the January-March period a year ago, according to a regulatory filing from Godfrey Phillips India, the flagship company of Modi Enterprises. However, its revenue from operations was up 70.6 per cent to Rs 1,887.79 crore during the March quarter of FY25. It stood at Rs 1,106.64 crore in the corresponding period of the previous fiscal. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Yopougon: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo Total expenses of Godfrey Phillips during the period under review increased 75.58 per cent to Rs 1,663.92 crore. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Godfrey Phillips' total income, which includes other income, was Rs 1,965.44 crore, up 67.77 per cent in Q4FY25. For the financial year ended March 31, 2025, Godfrey Phillips' net profit grew 24.45 per cent to Rs 1,152.89 crore, from Rs 926.35 crore a year ago. Live Events In FY25, its total consolidated income rose 36.66 per cent to Rs 6,988.11 crore. Godfrey Phillips India is the flagship company of Modi Enterprises. It makes popular cigarette brands like Four Square, Red and White, Cavanders, Tipper and North Pole. It also manufactures and distributes the brand Marlboro under a license agreement with Philip Morris. Shares of Godfrey Phillips India Ltd on Thursday settled at Rs 9,199.80 apiece, up 2.65 per cent from the previous close on the BSE.
