Godfrey Phillips India shares zoom over 50% in 1 month amid weak market; key details to know

The stock has jumped nearly 53% in the past one month, per BSE data. In comparison, the benchmark S&P BSE SENSEX has fallen over 1%. The BSE FMCG index during the period has slipped 5.75%, the data show.

Godfrey Phillips India, a flagship company of Modi Enterprises—KK Modi Group, is one of the largest FMCG companies in India. The stock is part of the BSE500 universe. The company is known for its cigarette brands such as Four Square, Red & White, Cavanders, Stellar, Focus, Originals International, and others.

Besides, Godfrey Phillips India also manufactures and distributes the global cigarette brand, Marlboro, in India under an arrangement with Philip Morris. Along with a strong cigarette and tobacco portfolio, the company also has a strong confectionery portfolio with Funda and has unique offerings for international markets.

Godfrey Philips India Q3 FY25 Results

For the quarter that ended December 31, 2024 (Q3 FY25), the cigarette manufacturer reported a 27.4% rise in its net revenue at ₹1,592 crore, up 27.4% against ₹1,250 crore logged in the corresponding quarter of the previous fiscal year (Q3 FY24).

The company's cost of goods sold (COGS) during the quarter under review came in at ₹959 crore, up 30.5% YoY.

EBITDA (operating) jumped 56.8% to ₹359 crore. The figure stood at ₹229 crore in the year-ago period.

EBITDA stands for earnings before interest, taxes, depreciation, and amortisation.

Net profit for the company jumped 48.7% YoY to ₹316 crore.

For the nine months starting April 1, 2024, and ending December 31, 2024, Godfrey Phillips India reported a 20.1% YoY rise in revenue at ₹4,146 crore, while EBITDA (Operating) jumped 27.4% to ₹897 crore. Net profit after an exceptional item rallied 18.5% YoY to ₹793 crore.

Commenting on the results, Sharad Aggarwal, Chief Executive Officer at Godfrey Phillips, said the company has delivered robust domestic cigarette volume growth in 9 months FY25. The company’s topline is supported by unmanufactured tobacco exports of ₹1,411 cr in nine months FY25, which continues to show an upward trend.

Growth Plans

The company, in its investor presentation encompassing December quarter results, outlined five strategies. They are:

• Sustain growth momentum across all markets and prepare a base for quantum jump;

• Strengthen partnership with Philip Morris International in the manufacture and distribution of Marlboro brand cigarettes in India;

• Build on export markets to enhance the sale of unmanufactured tobacco;

• Leverage and monetise distribution infrastructure; entered into a product supply agreement with Ferrero India for the distribution/resale of the sweet packaged food products manufactured by them.

• Contribute to the socio-economic growth across the value chain through programs for tobacco farmers.

At the time of writing this article, Godfrey Phillips India shares were trading 18.69% higher at ₹7,097.10 apiece on the BSE.