Godfrey Phillips India (500163) Q4 2026 earnings summary

Executive summary

• Consolidated gross sales value reached Rs. 18,379 crore in FY26, up 27% year-over-year, with net profit from continuing operations at Rs. 1,525 crore, a 32% increase over last year.

• Audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were approved, with unmodified audit opinions issued by statutory auditors.

• Domestic cigarette sales volume grew 20% year-over-year, reflecting robust demand and effective market strategies.

• Board declared a total dividend of Rs. 50 per share for FY26 (Rs. 33 final, Rs. 17 interim).

• Operations of the retail business division (24Seven) were discontinued and classified as discontinued operations.

Financial highlights

• Gross sales value for FY26 was Rs. 18,379 crore, with gross profit at Rs. 2,848 crore and net profit at Rs. 1,525 crore.

• Q4 FY26 gross sales value was Rs. 5,574 crore, up 39.9% year-over-year; net profit for Q4 FY26 was Rs. 521 crore, up 86.5% year-over-year.

• Standalone total income from continuing operations for FY 2025-26 was Rs.911,902 lakhs, up from Rs.675,849 lakhs year-over-year.

• Consolidated net profit after tax from continuing operations for FY 2025-26 was Rs.152,532 lakhs, up from Rs.115,289 lakhs year-over-year.

• Basic and diluted EPS (consolidated, continuing operations) for FY 2025-26 was Rs.97.80, up from Rs.74.12 year-over-year.

Outlook and guidance

• Management anticipates challenges in FY27 due to steep tax increases but plans phased price hikes and continued focus on operational efficiency.

• The company expects to fully recover losses from the fire incident at the tobacco processing plant, with insurance claims pending final assessment.

• Strategic priorities include sustaining cigarette business growth, expanding international business, and strengthening core operations.

• Continued investment in brand strengthening, portfolio innovation, and market execution.