Godrej Industries Ltd(GODREJIND)

NSE: GODREJINDBSE: 500164

₹ 918-3.64%refreshed 23 Oct, 03:30 pm ISTMarket cap: ₹ 30,923 crWebsite: www.godrejindustries.comUpdated: 24 Oct 2026

About

Godrej Industries Ltd is a diversified Indian conglomerate with eight business segments spanning real estate development, animal nutrition, chemicals, financial investments, vegetable oils, dairy, and crop protection. Its listed subsidiaries and associates include Godrej Properties, Godrej Agrovet, and Godrej Consumer Products. Reported revenue was 22236.85 crore in FY26.^[1]

Business segments

Estate and Property Development was the largest segment in FY26 with 31.3% of segment revenue (₹8,504.33 cr) and EBIT of ₹2,862.3 cr.^[2]
Animal Nutrition made up 18.2% of FY26 segment revenue (₹4,941.54 cr); Chemicals 15.2% (₹4,135.3 cr); Finance and Investments 12.0% (₹3,257.18 cr).^[2]
Veg Oils made up 8.7% of FY26 segment revenue, Dairy 5.9%, Crop Care 4.4% and Others 3.8%.^[2]
Over FY2018-FY2026, Finance and Investments' revenue share rose 9.2 points and Estate and Property Development's 7.6 points, while Dairy's fell 5.3 points.^[2]

Chemicals business

Godrej Chemicals supplies oleochemicals, surfactants, specialty chemicals and biotech-based solutions to customers in nearly 70 countries (FY26).^[3]
In FY26, fatty acids made up about 35% of division turnover and 37% of exports; fatty alcohols about 21%; glycerin about 10%.^[3]
Specialty chemicals made up about 11% of division turnover in FY26 vs 8% the year before, with volumes up 37%.^[3]
Four plants: Valia (Gujarat), Ambernath (Maharashtra), Kundaim (Goa) and Kheda (Gujarat); running at over 80% capacity utilisation (FY26).^[3]
Oleochemicals are made from palm and rapeseed oil feedstocks.^[3]
NGSTAR is an 8,000 sq. ft. R&D centre at Ambernath; the R&D team has doubled in 2 years. Vitality Index was 5% in 2026 vs 1.5% in 2023, with a 10% target.^[3]
Q1 FY27 Chemicals revenue rose 31% to ₹1,161 cr from ₹883 cr and PBIT rose 86% to ₹159 cr from ₹86 cr; volume grew 9% and exports 20%.^[4]
Exports are about 28% of Chemicals revenue and grew 19% in FY26.^[5]

Real estate (Godrej Properties)

GPL booking value was ₹34,171 crore in FY26, up 16% YoY; 18 projects were added with expected booking value of ₹42,100 crore.^[3]
GPL collections were ₹19,965 crore and operating cash flow ₹7,830 crore in FY26.^[3]
GPL delivered 12.1 million sq. ft. across 9 cities in FY26, 121% of its delivery guidance.^[5]
Q1 FY27 GPL booking value rose 22% to ₹8,651 cr and it added 3 projects worth ~₹9,500 cr.^[4]
As of December 2025, GPL ranked number one real estate company worldwide on DJSI and GRESB.^[3]

Agri business (Godrej Agrovet)

Godrej Agrovet operates across animal nutrition, crop care, oil palm, dairy, and poultry and processed foods.^[3]
Brands include 'Godrej Jersey' dairy (a leading private dairy in southern India), and 'Real Good Chicken' and 'Yummiez' processed foods.^[3]
GAVL set up 10 new Samadhan centres for oil palm farmers in FY26, taking the total to 24.^[3]
Q1 FY27 GAVL total income was ₹2,870 cr vs ₹2,626 cr; cattle feed volumes grew ~15%; Crop Care revenue was ₹349 cr vs ₹403 cr.^[4]
Dairy (Creamline) PBT fell to ₹14 crore in FY26 from ₹28 crore on milk cost inflation; Astec reached EBITDA breakeven with income of ₹453 crore.^[3]

Financial services

Financial services AUM grew 65% to ₹27,867 crore in FY26 from ₹16,931 crore: GHFL ₹9,340 crore and GFL ₹18,527 crore.^[3]
The financial services customer base grew to over 49,290 in FY26.^[3]
GWAML's new subsidiaries are Godrej Wealth (portfolio management) and Godrej Asset Management (mutual fund platform).^[3]

Godrej Consumer Products (associate)

GCPL Q1 FY27 consolidated sales grew 19% on 9% underlying volume growth; Home Care grew 12% and Personal Care 11%.^[4]
GCPL completed its acquisition of Muuchstac on November 10, 2025.^[6]

Expansion and capex

Chemicals commissioned new plants at Ambernath and Valia in FY26; Kundaim is adding a reactor for about 30% more overall capacity.^[3]
GAVL's Palm Kernel Oil refinery is expected to start operations in FY27.^[3]
A new glycerin plant capacity expansion was completed and commercial production began in FY26.^[3]

Recent developments

Pirojsha Godrej is to become Chairperson of Godrej Industries Group from August 14, 2026.^[3]
The company invested ₹3,863 crore in Godrej Investments (GINVL), the new holding company for financial services, which used it to acquire the company's stake in GCL.^[3]
Commercialised a new surfactant, Ammonium Lauryl Sulfate (ALS), in FY26.^[3]
Employees numbered 1,328 as of March 31, 2026; female diversity ratio rose from 19% to 22% in the year.^[3]

Market Cap

₹30,923 Cr

High / Low

₹1,444 / 744

Stock P/E

26.3

Price / Book

2.8

Book Value

₹332

EPS

₹36.8

No. of Shares

33.68 Cr

ROCE

8.8%

ROE

11.6%

OPM

21.1%

Debt / Equity

4.57

Sales

₹22,237 Cr

Net Profit

₹2,412 Cr

Promoter holding

74.6%

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Godrej Industries Ltd(GODREJIND)

About

Business segments

Chemicals business

Real estate (Godrej Properties)

Agri business (Godrej Agrovet)

Financial services

Godrej Consumer Products (associate)

Expansion and capex

Recent developments

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