Godfrey Phillips shares surge over 9%; here is why stock is surging in Tuesday's session

Godfrey Phillips share price: Shares of cigarette maker Godfrey Phillips rose over 9% to hit an intraday high of ₹3,720 apiece on the National Stock Exchange. On the BSE, Godfrey Phillips shares surged as much as 9.25%.

The stock started trading ex-bonus in a ratio of 2:1 on Tuesday, September 16.

The company had on August 4 fixed September 16 as the record date for recognising shareholders eligible for receiving bonus shares. The post-bonus issue paid-up share capital will be ₹3,119.64 lakh divided into 15,59,81,760 shares of ₹2 each, Godfrey Phillips said.

As per the corporate action announced last month, the existing shareholders of Godfrey Phillips on the record date will get two bonus shares of face value of ₹2 each for every one share held on the record date.

Godfrey Phillips Q1 earnings

The company had last month posted a 55.9% year-on-year (YoY) growth in its consolidated net profit to ₹356 crore in the June quarter of the 2025-26 financial year (Q1FY26). In the same period a year ago, it had clocked a profit of ₹229 crore.

The tobacco manufacturer's revenue from operations surged 33.44% YoY to ₹1,486 crore in the first quarter of FY26, compared to ₹1,088 crore in the June FY25 quarter, Godfrey Phillips said in a regulatory filing.

The cigarettes, tobacco, and related products segments contributed ₹1,781 crore to its revenue during the quarter under review, rising 33.11% YoY from ₹1,338 crore in Q1FY25.

Furthermore, its revenue from other segments increased by 60% YoY to ₹32 crore, as against ₹20 crore.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation) stood at ₹338 crore during the reporting quarter, marking a 25.1% YoY increase from ₹270 crore in the year-ago period.

Its EBITDA margin, however, contracted to 18.62% during the quarter, as against 19.86% in Q1FY25.

Godfrey Phillips shares have handsomely rewarded investors, as the stock has nearly doubled so far this year.

As of 10:01 am, Godfrey Phillips shares traded 7.85% higher at ₹3,673, outperforming the NIFTY50 index, which was up 0.42%.