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GODREJIND - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.9

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 2.9

Stock Code GODREJIND Market Cap 32,963 Cr. Current Price 980 ₹ High / Low 1,392 ₹
Stock P/E 35,829 Book Value 52.7 ₹ Dividend Yield 0.00 % ROCE 8.13 %
ROE 9.04 % Face Value 1.00 ₹ DMA 50 1,020 ₹ DMA 200 1,077 ₹
Chg in FII Hold -0.26 % Chg in DII Hold 0.52 % PAT Qtr 99.0 Cr. PAT Prev Qtr -30.0 Cr.
RSI 42.9 MACD -10.5 Volume 25,223 Avg Vol 1Wk 70,086
Low price 764 ₹ High price 1,392 ₹ PEG Ratio 191 Debt to equity 6.26
52w Index 34.4 % Qtr Profit Var -35.1 % EPS 0.03 ₹ Industry PE 22.8

📊 Core Financials

  • Revenue & Profit Growth: Quarterly PAT improved to 99 Cr. from a loss of -30 Cr., but YoY profit variation is -35.1%, showing weak consistency.
  • Margins: ROE at 9.04% and ROCE at 8.13% reflect low profitability compared to industry peers.
  • Debt Ratios: Debt-to-equity at 6.26 indicates very high leverage, raising financial risk.
  • Cash Flows: Cash generation is constrained by high debt servicing and weak earnings.
  • Return Metrics: EPS at 0.03 ₹ is extremely low relative to price, highlighting valuation concerns.

💹 Valuation Indicators

  • P/E Ratio: 35,829, abnormally high due to negligible EPS, making valuation unattractive.
  • P/B Ratio: ~18.6 (Current Price / Book Value), reflecting expensive valuation relative to assets.
  • PEG Ratio: 191, extremely high, showing poor growth-adjusted valuation.
  • Intrinsic Value: Current price (980 ₹) appears significantly overvalued; downside risk remains unless profitability improves.

🏢 Business Model & Competitive Advantage

  • Diversified conglomerate with exposure to multiple sectors including real estate, consumer goods, and industrials.
  • Competitive advantage lies in brand legacy and diversified holdings, but profitability is under pressure.
  • High debt levels weaken resilience and limit growth opportunities.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Safer accumulation range between 850 ₹ – 900 ₹ (closer to support levels and below DMA 200).
  • Long-Term Holding: Suitable only for high-risk investors; improvement in debt management and profitability is critical before long-term holding.

Positive

  • Turnaround from loss (-30 Cr.) to profit (99 Cr.) in the latest quarter.
  • Strong brand legacy and diversified business portfolio.
  • Domestic institutional inflows (+0.52%) show some local confidence.

Limitation

  • Extremely high debt-to-equity ratio (6.26).
  • Abnormally high P/E and PEG ratios indicate poor valuation metrics.
  • Low ROE and ROCE compared to industry standards.
  • No dividend yield, reducing investor appeal.

Company Negative News

  • Reduction in FII holdings (-0.26%) shows cautious foreign investor sentiment.
  • Weak technical indicators (RSI 42.9, MACD -10.5) reflect bearish momentum.

Company Positive News

  • Quarterly turnaround from loss to profit.
  • Rising DII inflows (+0.52%) support stock stability.

Industry

  • Diversified conglomerates face cyclical risks but benefit from exposure to multiple sectors.
  • Industry PE at 22.8 reflects moderate optimism and fair valuations.

Conclusion

  • Godrej Industries shows weak fundamentals with high debt and poor valuation metrics.
  • Turnaround in profitability is encouraging but sustainability remains uncertain.
  • Best suited for high-risk investors; safer entry near lower support levels with close monitoring of debt reduction and earnings improvement.

I can also prepare a comparison with other conglomerates like Aditya Birla Capital or Reliance to highlight how Godrej Industries stacks up in terms of leverage and profitability.

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