Godrej Industries Ltd Q2 FY18 Share Price & Earnings Call Analysis

Financials of Godrej Industries Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Godrej Industries Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +4,8524,5063,9383,5904,5674,2484,8054,8255,7804,4605,0325,0517,694
Expenses +4,2524,2643,6723,3114,5113,9144,2304,2285,1864,0634,8984,5076,527
Operating Profit600242266279563345755975933971345441,167
OPM %12%5%7%8%1%8%12%12%10%9%3%11%15%
Other Income +4425323973805361,0724394366951,3521,294694784
Interest284303333348369433477505542576584626684
Depreciation79868996100101108111110114121126141
Profit before tax6793862402161228734294176351,0597234861,126
Tax %17%24%32%24%121%27%-14%25%34%31%32%27%25%
Net Profit +562291164165-25641489312416725493353841
EPS in Rs8.915.292.593.16-9.269.588.545.595.4410.377.206.0713.19

Financials of Godrej Industries Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +9,1017,4548,3659,07610,84811,2919,33414,13016,74016,60119,65722,237
Expenses +8,6157,0617,7088,80510,23310,4799,02013,08315,23015,40617,55319,995
Operating Profit4873926572716158123141,0471,5101,1952,1042,242
OPM %5%5%8%3%6%7%3%7%9%7%11%10%
Other Income +3172555209151,1429961,0151,1321,4181,4932,6364,123
Interest1923434024135084914696239431,3521,9572,470
Depreciation93117148175163234242274305371430501
Profit before tax5191876265971,0861,0836171,2821,6819642,3533,393
Tax %26%58%27%19%20%25%37%23%15%38%21%29%
Net Profit +5893234594848648123919921,4215951,8582,412
EPS in Rs11.984.787.6310.0517.5316.469.9419.4228.961.7829.1436.83
Dividend Payout %15%37%23%17%7%0%0%0%0%0%0%0%

Financials of Godrej Industries Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital343434343434343434343434
Reserves3,1942,9683,1623,3014,3135,7557,5207,0937,9517,96810,11811,143
Borrowings +5,8857,2007,5546,9187,1167,27510,07114,50619,64228,99638,08851,564
Other Liabilities +4,3923,9314,2416,5006,5307,14311,15712,20216,11724,33139,48863,564
Total Liabilities13,50414,13314,99116,75317,99320,20728,78133,83543,74461,32987,728126,305
Fixed Assets +1,8372,8283,2813,3023,8244,0494,5204,9715,2696,3656,9547,359
CWIP77527454271202334444483942462258406
Investments2,6913,0523,2034,1375,4736,5949,9529,6098,0098,66911,16511,247
Other Assets +8,2027,9798,4529,0428,4949,22913,86618,77229,52545,83269,350107,292
Total Assets13,50414,13314,99116,75317,99320,20728,78133,83543,74461,32987,728126,305

Financials of Godrej Industries Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-1,0501995691,6891,240392-672-1,756-4,409-4,284-5,151-8,855
Cash from Investing Activity +-459-185-234-1,016-1,360-1,874-5,147461,851-2,646-4,562202
Cash from Financing Activity +1,4092-528-9591,0561,3495,7721,9163,5357,21910,6898,056
Net Cash Flow-9916-193-286936-133-47206977288976-597
Free Cash Flow-1,533-1593001,22183611-1,399-2,256-5,150-5,471-5,912-9,417
CFO/OP-179%90%125%683%227%64%-179%-132%-273%-321%-222%-367%

Financials of Godrej Industries Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days254240403950604333283033
Inventory Days3254373562991611715943359131,95210,7591,558
Days Payable109103120101881173271623183981,622225
Cash Conversion Cycle2413762762381111043272176271,5819,1681,365
Working Capital Days13-37-42-137-116-85-12-15-24-361710
ROCE %5%4%8%7%11%10%5%8%8%6%8%9%