Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Scrutinizer''s Report and Voting results of 89th Annual General Meeting.
Godfrey Phillips India Ltd (GPIL), part of the K. K. Modi Group, is a leading consumer products company headquartered in India, primarily recognized for its manufacturing and distribution of cigarettes and other tobacco products.
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Scrutinizer''s Report and Voting results of 89th Annual General Meeting.
Shareholder Meeting / Postal Ballot-Outcome of AGM
Summary of proceedings of 89th Annual General Meeting and Chairperson''s speech.
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication regarding Loss of Share certificates.
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication regarding Loss of Share certificates.
Godfrey Phillips India Ltd
About
Godfrey Phillips India Ltd (GPIL), part of the K. K. Modi Group, is a leading consumer products company headquartered in India, primarily recognized for its manufacturing and distribution of cigarettes and other tobacco products.
Established in 1936, it is one of India’s largest cigarette makers, with a diverse brand portfolio that includes well-known names such as Four Square, Cavanders, Red & White, Tipper, and Jaisalmer. Besides its core tobacco business, GPIL has diversified into the manufacturing and distribution of confectionery, tea, and other FMCG products, leveraging an expansive pan-India distribution network.
The company operates multiple state-of-the-art manufacturing facilities across India, strictly adhering to regulatory standards and quality benchmarks. GPIL has also entered into licensing and distribution agreements with international brands and has a notable focus on research and development, product innovation, and sustainability initiatives. Its export operations span multiple geographies, making it a significant player on the global tobacco trade landscape.
Business Model & Strategy
Godfrey Phillips India Ltd earns its primary revenues through the manufacture, marketing, and distribution of cigarette products across India and select international markets. Its business is fortified by a robust distribution network, wide brand recognition, and collaboration agreements, including Philip Morris International for the manufacturing and distribution of Marlboro cigarettes in India. The company has actively diversified into ancillary segments, notably tea and confectionery, augmenting its revenue base.
Growth strategies include continued focus on brand strengthening, product innovation (including low-tar and capsule cigarettes), operational efficiency, and responsible business practices. Strong distributor relationships and expansion into non-tobacco segments represent ongoing efforts to mitigate regulatory challenges in the core business, while investments in supply chain digitization and sustainability drive long-term competitiveness.
Management Overview
13 MembersMrs.Bina Modi
Executive Director-Chairperson related to Promoter-CEO-MDMr.Sharad Aggarwal
Executive DirectorMs.Charu Modi
Executive DirectorMrs.Nirmala Bagri
Non-Executive - Independent DirectorMr.Sumant Bharadwaj
Non-Executive - Independent DirectorMr.Subramanian Lakshminarayanan
Non-Executive - Independent DirectorMr.Ajay Vohra
Non-Executive - Independent DirectorMr.Avtar Singh Monga
Non-Executive - Independent DirectorMr.Paul Norman Janelle
Non-Executive - Non Independent DirectorBhishamWadhera
Chief Executive OfficerMr.Rajeev Kapoor
Sr. Vice President- FinanceMr.Vishal Dhariwal
Chief Financial OfficerMr.Pumit Kumar Chellaramani
Company Secretary & Compliance OfficerAwards & Recognition
5 Awards- Recipient of 'Great Place to Work' certification (2024)
- Gold-level recognition at the Apex India Safety Awards 2023
- Featured among India’s Most Trusted Brands by Brand Trust Report 2023
- Awarded for Outstanding HR Practices at the Indian HR Leadership Awards 2024
- Recognized for progress in ESG reporting and sustainability initiatives in 2024 annual report
Market Information
Company Timeline
88+ Years of Excellence | 8 Major Milestones
Company incorporated as Godfrey Phillips India Ltd
Acquired by K.K. Modi Group from Philip Morris International
Entered tea business, launching Symphony and SuperCup brands
Formed distribution alliance with Philip Morris International for Marlboro in India
Expanded footprint in confectionery business
Launched premium cigarette brand Jaisalmer
Expanded sustainability agenda, unveiling key ESG targets
Attained 'Great Place to Work' certification and introduced advanced digitization in supply chain
The Next Evolution
Contact Information
Registered Office
Macropolo Building, Ground Floor, Next to Kala Chowky Post Office, Dr. Babasaheb Ambedkar Road, Lalbaug,
Tel: 022-61952300,
Fax: 022-61952319,
Email: isc-gpi@modi.com
Website: godfreyphillips.co.in
Registrars
MUFG Intime India Pvt. Ltd
Tel: 022 - 49186270
Email: rnt.helpdesk@linkintime.co.in; bonds.helpdesk@linkintime.co.in
Corporate Actions
15| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Final Dividend ₹33 per share | 11 Aug 2026 Tuesday | 11 Aug 2026 Tuesday | - | - |
Interim Dividend ₹17 per share | 10 Nov 2025 Monday | 10 Nov 2025 Monday | - | - |
Bonus issue 2:1 | 16 Sep 2025 Tuesday | 16 Sep 2025 Tuesday | - | - |
Final Dividend ₹60 per share | 22 Aug 2025 Friday | 22 Aug 2025 Friday | - | - |
Interim Dividend ₹35 per share | 29 Nov 2024 Friday | 29 Nov 2024 Friday | - | - |
Final Dividend ₹56 per share | 23 Aug 2024 Friday | - | 24 Aug 2024 Saturday | 06 Sep 2024 Friday |
Final Dividend ₹44 per share | 11 Aug 2023 Friday | - | 12 Aug 2023 Saturday | 01 Sep 2023 Friday |
Dividend ₹28 per share | 11 Aug 2022 Thursday | - | 13 Aug 2022 Saturday | 26 Aug 2022 Friday |
Final Dividend ₹24 per share | 28 Jul 2021 Wednesday | - | 30 Jul 2021 Friday | 05 Aug 2021 Thursday |
Interim Dividend ₹24 per share | 17 Mar 2020 Tuesday | 18 Mar 2020 Wednesday | - | - |
Dividend ₹10 per share | 13 Sep 2019 Friday | - | 17 Sep 2019 Tuesday | 23 Sep 2019 Monday |
Dividend ₹8 per share | 17 Sep 2018 Monday | - | 19 Sep 2018 Wednesday | 25 Sep 2018 Tuesday |
Dividend ₹8 per share | 07 Sep 2017 Thursday | - | 09 Sep 2017 Saturday | 15 Sep 2017 Friday |
Dividend ₹8 per share | 16 Sep 2016 Friday | - | 20 Sep 2016 Tuesday | 26 Sep 2016 Monday |
Dividend ₹8 per share | 21 Sep 2015 Monday | - | 23 Sep 2015 Wednesday | 29 Sep 2015 Tuesday |
₹32,413 Cr.
₹2,080
₹3,947 / 1,832
23.69
₹398.71
5.21
₹87.72
₹2.00
2.41 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | 2,691 | 3,175 | 3,080 | 3,343 | 4,428 | 5,519 | 6,988 | 9,326 | 11,334 |
| Expenses | - | - | - | 2,309 | 2,662 | 2,592 | 2,774 | 3,639 | 4,585 | 5,726 | 7,669 | 9,837 |
| Profit | - | - | - | 260 | 385 | 376 | 438 | 690 | 884 | 1,072 | 1,526 | 1,368 |
| Tax | - | - | - | 123 | 129 | 111 | 130 | 182 | 211 | 318 | 415 | 376 |
| EPS | - | - | - | 50 | 74 | 72 | 84 | 133 | 170 | 222 | 98 | 12.72 |
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | 2,867 | 3,295 | 3,732 | 4,102 | 4,968 | 5,843 | 6,969 | 8,310 | - |
| Equity And Liabilities | - | - | - | 2,867 | 3,295 | 3,732 | 4,102 | 4,968 | 5,843 | 6,969 | 8,310 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 17 Apr '19 | Mar 2020 20 Apr '20 | Mar 2021 20 Apr '21 | Mar 2022 14 Apr '22 | Mar 2023 20 May '23 | Mar 2024 18 Apr '24 | Mar 2025 16 Apr '25 | Mar 2026 07 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | - | - |
| Promoter And Promoter Group | - | - | - | 72.19% | 72.19% | 72.78% | 72.83% | 72.58% | 72.58% | 72.58% | 72.58% | - |
| Non Institutions | - | - | - | 13.40% | 13.89% | 14.73% | 15.35% | 15.69% | 14.67% | 14.36% | 16.20% | - |
| FII | - | - | - | - | - | - | - | 10.05% | 10.77% | 9.73% | 7.91% | - |
| DII | - | - | - | - | - | - | - | 1.63% | 1.53% | 3.28% | 3.29% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Godfrey Phillips India Ltd
Godfrey Phillips India Ltd
Godfrey Phillips India Ltd (GPIL), part of the K. K. Modi Group, is a leading consumer products company headquartered in India, primarily recognized for its manufacturing and distribution of cigarettes and other tobacco products.
Established in 1936, it is one of India’s largest cigarette makers, with a diverse brand portfolio that includes well-known names such as Four Square, Cavanders, Red & White, Tipper, and Jaisalmer. Besides its core tobacco business, GPIL has diversified into the manufacturing and distribution of confectionery, tea, and other FMCG products, leveraging an expansive pan-India distribution network.
The company operates multiple state-of-the-art manufacturing facilities across India, strictly adhering to regulatory standards and quality benchmarks. GPIL has also entered into licensing and distribution agreements with international brands and has a notable focus on research and development, product innovation, and sustainability initiatives. Its export operations span multiple geographies, making it a significant player on the global tobacco trade landscape.
Godfrey Phillips India Ltd earns its primary revenues through the manufacture, marketing, and distribution of cigarette products across India and select international markets. Its business is fortified by a robust distribution network, wide brand recognition, and collaboration agreements, including Philip Morris International for the manufacturing and distribution of Marlboro cigarettes in India. The company has actively diversified into ancillary segments, notably tea and confectionery, augmenting its revenue base.
Growth strategies include continued focus on brand strengthening, product innovation (including low-tar and capsule cigarettes), operational efficiency, and responsible business practices. Strong distributor relationships and expansion into non-tobacco segments represent ongoing efforts to mitigate regulatory challenges in the core business, while investments in supply chain digitization and sustainability drive long-term competitiveness.
Recipient of 'Great Place to Work' certification (2024)
Gold-level recognition at the Apex India Safety Awards 2023
Featured among India’s Most Trusted Brands by Brand Trust Report 2023
Awarded for Outstanding HR Practices at the Indian HR Leadership Awards 2024
Recognized for progress in ESG reporting and sustainability initiatives in 2024 annual report
Company incorporated as Godfrey Phillips India Ltd
Acquired by K.K. Modi Group from Philip Morris International
Entered tea business, launching Symphony and SuperCup brands
Formed distribution alliance with Philip Morris International for Marlboro in India
Expanded footprint in confectionery business
Launched premium cigarette brand Jaisalmer
Expanded sustainability agenda, unveiling key ESG targets
Attained 'Great Place to Work' certification and introduced advanced digitization in supply chain
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon
Heatmap View
Premium Feature| Company | CMP (₹) | MCap (₹ Cr) | EPS TTM (₹) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon




