Q4 Results: Godfrey Phillips India Shares Slide Over 4% as Excise Duty Hike Weighs

Mumbai, May 18: Shares of Godfrey Phillips India Limited were under significant pressure on Monday, trading at Rs 2,321.40 as of early afternoon, a decline of Rs 103.50 or 4.27% from the previous session’s close of Rs 2,424.90.

The stock opened at Rs 2,439, briefly surged to a high of Rs 2,491.70 in the first few minutes of trade likely a knee-jerk reaction before sellers took control before tumbling sharply to an intraday low of Rs 2,275.60. From that low, the stock partially recovered and was consolidating in the Rs 2,320-2,325 range through the afternoon, with the VWAP for the session at Rs 2,368.92.

The order book showed a near-equal split between buyers and sellers  50.81% buy versus 49.19% sell  with total quantities of approximately 2.54 lakh on the bid side and 2.46 lakh on the ask, suggesting the stock was finding a tentative floor but lacked conviction on either side.

On a weekly basis, the stock had actually been on a strong upward trajectory heading into Monday. From around Rs 2,385 on May 11, it dipped to approximately Rs 2,352 on May 12, before recovering sharply through the week to hit a weekly high of around Rs 2,456 on May 14  before Monday’s steep selloff reversed all of those weekly gains and pulled the stock back to the Rs 2,320 zone as of May 15-18, effectively erasing a week’s worth of accumulated gains in a single session.

Financial Results; PAT Up 85%

Godfrey Phillips delivered a strong quarterly performance on a year-on-year basis across all key financial parameters. Total income from continuing operations surged 84.6% to Rs 3,48,554 lakh in Q4 FY26, up from Rs 1,88,779 lakh in Q4 FY25, reflecting robust revenue momentum despite the challenging taxation environment. Profit before tax from continuing operations nearly doubled, jumping 78.8% to Rs 66,840 lakh in Q4 FY26 compared with Rs 37,376 lakh in the same quarter a year ago. Net profit after tax (PAT) from continuing operations rose 77.2% year-on-year to Rs 52,076 lakh in Q4 FY26, against Rs 29,396 lakh in Q4 FY25, marking a sharp expansion in bottom-line profitability. While the results do not separately disclose EBITDA, the consistent expansion across revenue, pre-tax profit and PAT — all growing in the 77-85% range year-on-year — points to meaningful operating leverage and margin improvement at the consolidated level.

Full Year FY26 – Consolidated

For the full year ended March 31, 2026, total income from continuing operations stood at Rs 9,12,094 lakh versus Rs 1,88,779 lakh in Q4 FY25 — a full-year to single-quarter comparison that is not directly comparable, but underscores the scale of annual earnings. Annual PAT from continuing operations came in at Rs 1,52,532 lakh for FY26. Basic earnings per share (EPS) from continuing operations on a consolidated basis rose to Rs 97.80 for FY26, against Rs 18.88 in the prior year period — a 418% jump — reflecting transformative earnings-per-share growth over the full fiscal year. The company’s equity share capital remained unchanged at Rs 3,120 lakh. The board declared a dividend of 400%, or Rs 8 per share on a face value of Rs 2, underlining management’s confidence in the company’s sustained cash generation capacity.

Source:

• https://www.nseindia.com/get-quote/equity/GODFRYPHLP/Godfrey-Phillips-India-Limited