Financials Godrej Industries Limited

Equities

GODREJIND

INE233A01035

Consumer Goods Conglomerates

Market Closed - Bombay S.E. 06:00:50 2024-04-26 am EDT 5-day change 1st Jan Change
869.6 INR +1.19% Intraday chart for Godrej Industries Limited +5.10% +16.74%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 184,242 180,319 95,388 182,565 155,855 136,002
Enterprise Value (EV) 1 242,736 232,084 137,754 224,572 242,142 286,644
P/E ratio 43.9 x 30.7 x 17.3 x 54.6 x 23.8 x 14 x
Yield 0.32% 0.21% - - - -
Capitalization / Revenue 1.89 x 1.57 x 0.81 x 1.84 x 1.04 x 0.77 x
EV / Revenue 2.49 x 2.02 x 1.16 x 2.26 x 1.61 x 1.62 x
EV / EBITDA 28.9 x 23.4 x 10.2 x 24.6 x 12.5 x 11.9 x
EV / FCF 22.9 x 245 x -11.3 x -7.94 x -17.5 x -9.4 x
FCF Yield 4.37% 0.41% -8.82% -12.6% -5.73% -10.6%
Price to Book 4.71 x 4.15 x 1.65 x 2.42 x 2.19 x 1.7 x
Nbr of stocks (in thousands) 336,269 336,384 336,466 336,525 336,584 336,638
Reference price 2 547.9 536.0 283.5 542.5 463.0 404.0
Announcement Date 7/13/18 7/19/19 7/20/20 7/20/21 7/15/22 7/17/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 97,478 114,793 118,465 99,315 149,996 176,810
EBITDA 1 8,393 9,914 13,442 9,145 19,309 24,125
EBIT 1 6,640 8,187 11,466 6,724 16,573 21,521
Operating Margin 6.81% 7.13% 9.68% 6.77% 11.05% 12.17%
Earnings before Tax (EBT) 1 8,148 10,860 9,073 6,159 12,824 16,806
Net income 1 4,214 5,895 5,522 3,346 6,537 9,748
Net margin 4.32% 5.14% 4.66% 3.37% 4.36% 5.51%
EPS 2 12.47 17.47 16.41 9.938 19.42 28.95
Free Cash Flow 1 10,606 949.2 -12,152 -28,276 -13,870 -30,506
FCF margin 10.88% 0.83% -10.26% -28.47% -9.25% -17.25%
FCF Conversion (EBITDA) 126.36% 9.57% - - - -
FCF Conversion (Net income) 251.69% 16.1% - - - -
Dividend per Share 2 1.750 1.150 - - - -
Announcement Date 7/13/18 7/19/19 7/20/20 7/20/21 7/15/22 7/17/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 58,494 51,766 42,366 42,008 86,287 150,642
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.969 x 5.222 x 3.152 x 4.593 x 4.469 x 6.244 x
Free Cash Flow 1 10,606 949 -12,152 -28,276 -13,870 -30,506
ROE (net income / shareholders' equity) 12.2% 15.4% 7.98% 3.43% 7.5% 10.4%
ROA (Net income/ Total Assets) 2.67% 2.9% 3.7% 1.7% 3.29% 3.45%
Assets 1 157,716 203,567 149,238 196,852 198,962 282,692
Book Value Per Share 2 116.0 129.0 172.0 224.0 212.0 237.0
Cash Flow per Share 2 8.410 22.50 18.30 11.80 17.80 46.90
Capex 1 4,839 4,411 3,879 7,456 5,239 8,277
Capex / Sales 4.96% 3.84% 3.27% 7.51% 3.49% 4.68%
Announcement Date 7/13/18 7/19/19 7/20/20 7/20/21 7/15/22 7/17/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
869.6 INR
Average target price
1,010 INR
Spread / Average Target
+16.15%
Consensus
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