SHORT TERM MULTIBAGGER MANTRA WITH REGULAR DIVIDENDS - ADD IN ALL DIPS
Godrej Industries is an Indian manufacturer of oleochemicals for use in over various industries. It also manufactures edible oils, vanaspati and bakery fats. In addition, it operates real estate. Godrej Industries (Chemicals Division) has its headquarters in Mumbai, India, and bases in 40 countries; it exports to more than 60 countries.
Godrej Industries is one of the Godrej Group's holding companies. They have significant interests in consumer goods, real estate, agriculture and gourmet retail through our subsidiary and associate companies, across 18 countries.
Godrej Consumer Products is an emerging markets FMCG leader, delighting consumers with innovative, superior quality products at affordable prices. Godrej Properties brings innovation and excellence to the real estate industry in India, delivering superior value through extraordinary and imaginative spaces created out of deep customer focus and insight. Godrej Agrovet is a diversified, Research & Development backed agri-business company, dedicated to addressing India’s key agricultural crises. Godrej Nature’s Basket is India’s foremost retail destination for fine foods from across the world. Our Chemicals division, ranks among India’s leading manufacturers of oleochemicals and surfactants and our products are exported to over 80 countries in North and South America, Asia, Europe, Australia and Africa.
Our Corporate Centre works across these companies and drives synergy and excellence across our diverse, growing portfolios. The teams at the Centre include Strategy, Strategic Marketing, Human Resources, Communication, Legal, Audit and Assurance, Information Technology, Finance, Good & Green and the Godrej India Culture Lab.
SHAREHOLDING PATTERN
Promotor Holdings - 74.74% with 12.25 % FIIS
Godrej group is engaged in chemicals, vegoils & Real Estate. It delivers international quality product, exports its products to North America, South America, Asia, Europe, Australia, and Africa. The company was earlier called Godrej Soaps, then it got de–merged with godrej consumer products & residual and became part of Godrej industries.The company has its manufacturing plant located at facility at Vikhroli, Mumbai, and Maharashtra .It has the capabilities of Fat splitting, Fatty Acid distillation, Fatty Acid fractional distillation, Hydrogenation of Fatty Acids, Sweet water evaporation, Glycerin distillation and Alfa Olefin Sulphonation. It also has a Co– generation plant which satisfies partially its requirements of power and steam.
The greatest advantage Godrej Industries (Chemicals Division) enjoys, thanks to the Vikhroli complex, is a high level of operational flexibility to meet customers' requirements with a short lead time. The facility is well equipped to deliver the products of superior Quality, in time and at competitive price.
The company also has a modern, integrated manufacturing facility at Valia in the Indian state of Gujarat. This faculty uses vegetable oils as the raw material to manufacture Fatty Acids, Glycerin, Fatty Alcohols & Surfactants such as Sodium Lauryl Sulphate, Sodium Lauryl Ether Sulphate & Alpha Olefin Sulphonate. The installed capacity for Fatty Alcohols is 65000 MT per annum which includes a dedicated Export Oriented Unit of 30000 MT.
Godrej Industries has recently launched its latest soap variant – Godrej No 1 Saffron and Milk Cream soap. The latest launch in Godrej No.1 franchise, Saffron & Milk cream soap comes in a premium white color enriched with richness of Saffron and milk cream combined with Natural oils to give its users soft skin with a natural glow.
Godrej Industries Ltd's revenue for Q4FY18 came in at Rs2,316.91cr, up by 17.4% yoy.
As per the company, the adjusted EBITDA for the quarter stood at Rs311cr, which includes gain on sale of equity shares of Godrej Green Homes Ltd. The adjusted net profit after tax stood at Rs199.20cr in Q4FY18 as against Rs45.00cr in Q4FY17.
• The increase in adjusted net profit of the company to Rs199.20cr in Q4FY18 as against Rs45.00cr in Q4FY17. This is on account of significantly higher other incomes and lower effective tax rate as against previous year corresponding quarter.
• The effective tax rate of the company stood at 23% in FY18 as against 27% in FY17.
• The segment revenue for chemicals increased by 4.3% yoy to Rs444.38cr whereas segment EBIT increased by 37.9% yoy to Rs27.02cr. The EBIT margin improved by ~148bps yoy to 6.1% in Q4FY18.
• The total debt of the company (long term and short term) reduced to Rs6,264.07cr as on March 31, 2018 as against Rs7,100.57cr as on March 31, 2017.
• The increase in adjusted net profit of the company to Rs199.20cr in Q4FY18 as against Rs45.00cr in Q4FY17. This is on account of significantly higher other incomes and lower effective tax rate as against previous year corresponding quarter.
• The effective tax rate of the company stood at 23% in FY18 as against 27% in FY17.
• The segment revenue for chemicals increased by 4.3% yoy to Rs444.38cr whereas segment EBIT increased by 37.9% yoy to Rs27.02cr. The EBIT margin improved by ~148bps yoy to 6.1% in Q4FY18.
• The total debt of the company (long term and short term) reduced to Rs6,264.07cr as on March 31, 2018 as against Rs7,100.57cr as on March 31, 2017.