Godfrey Phillips India Limited has reported a robust financial performance for the quarter and year ended March 31, 2026. The company posted an annual standalone net profit of Rs. 150,748 lakhs, reflecting significant growth compared to the previous fiscal year. Driven by a strong recovery in the cigarettes and tobacco business, the Board has recommended a final dividend of 1650%, amounting to Rs. 33 per share for the fiscal year.
Financial Highlights
For the financial year ended March 31, 2026, Godfrey Phillips India achieved a total standalone revenue of Rs. 911,902 lakhs, a substantial increase over the previous year. The standalone net profit for the same period stood at Rs. 150,748 lakhs, compared to Rs. 104,320 lakhs in the prior year. On a consolidated basis, the company reported an annual net profit of Rs. 152,602 lakhs, highlighting the steady contribution from subsidiaries and associates.
Segment Performance
The company’s core business, Cigarettes, Tobacco and related Products, remained the primary growth engine. This segment recorded a significant rise in annual revenue to Rs. 900,820 lakhs with segment results reaching Rs. 147,478 lakhs. The strategic exit from the 24Seven retail business, completed in the previous year, has streamlined operations, allowing the company to focus on its high-performing core tobacco operations.
Dividend and Shareholder Returns
Reflecting strong cash flow and profitability, the Board of Directors has recommended a final dividend of 1650%, which translates to Rs. 33 per equity share of Rs. 2 face value. When combined with the interim dividend of Rs. 17 per share declared in November 2025, the total dividend for the financial year 2025-26 reaches Rs. 50 per share. The final dividend payout is subject to approval by shareholders at the upcoming Annual General Meeting.
Operational Developments
During the fiscal year, the company successfully allotted over 103 million bonus equity shares in a 2:1 ratio, capitalizing general reserves to enhance shareholder value. Despite a fire incident at a third-party tobacco processing plant in Prakasam, Andhra Pradesh, in October 2025, operations have since resumed. The company has filed insurance claims for inventory and input tax credit losses and expects full recovery of these amounts.
Source: BSE