Godfrey Phillips Hits 10% Upper Circuit After 56% Profit Jump in Q1FY26

On Tuesday, the Godfrey Phillips shares surged by 10 percent and touched the upper circuit limit and day’s high price of Rs 9,881.50 on NSE after it released its financial results for Q1FY26, which firmly reinforced its status as a standout performer in the consumer staples sector. The company’s Q1FY26 revenue rose by an impressive 26.98 percent year-on-year to Rs 1,486 crore (after excise duty), driven largely by robust demand in its cigarettes and tobacco products segment. This segment, a consistent revenue driver for the company, contributed a majority of the topline, while the company also saw a notable 56 percent surge in revenue from other segments, reflecting its diversification efforts and operational efficiency.

On the profitability front, Godfrey Phillips posted a remarkable 55.9 percent year-on-year jump in consolidated net profit to Rs 356 crore, compared to Rs 229 crore in the same quarter last year. Operationally, EBITDA also grew by 27.06 percent year-on-year to Rs 338 crore. While the EBITDA margin stood at 22.7 percent, it was consistent with a year earlier; the sustained double-digit margin underscores the company’s ability to manage costs effectively amid a dynamic operating environment.

Godfrey Phillips’ board approved a 2:1 bonus equity share issue, which means two fully paid-up equity shares of Rs 2 each for every one equity share held. This move is subject to shareholder and regulatory approval. The record date for determining eligible shareholders has been set as September 16, 2025. This substantial bonus issue aims to reward long-term shareholders, improve share liquidity, and widen retail participation, in line with the company’s commitment to shareholder value creation. 

The final dividend of Rs 60 per share was announced on May 15, 2025, for FY25 and is subject to approval at the upcoming Annual General Meeting (AGM) scheduled on 4th September 2025. The record date for the same is fixed on August 22, 2025.

Looking ahead, Godfrey Phillips aims to consolidate its leadership in the Indian tobacco market, build out high-growth segments, and explore selective international opportunities. The focus remains on leveraging its deep distribution network, premium product offerings, and improved manufacturing capacities to tap into emerging consumer trends. Management has articulated its ambition to continually surpass industry growth rates while maintaining superior margins, even as it remains vigilant about potential policy and tax changes in the domestic market environment.

The stock market has rewarded the company’s stellar performance and strong outlook. Over the past year, Godfrey Phillips shares have delivered a multibagger return of around 146 percent, significantly outperforming the Nifty Index and cementing its reputation as one of India’s best-performing consumer stocks.