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Godrej Consumer Products Limited (532424) Fair Value & Analysis

Consumer Goods · IN · Market cap ₹706B

GC Godrej Consumer Products Limited 532424 · BSE
Price₹928.70
Fair Value₹329.76
Upside-64.5%
Quality72/100
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Healthy Growth
Solidly profitable · 15.0% net margin
Low debt
1.17% dividend yield
Ranks above peers (8/12)
Wide moat 67/100
Evidence: High Range ₹217.72 – ₹452.89 Share as image

Fair value as of: Aug 18, 2026

From 26 valuation models · updated today

Share price −12.8% over the past month.

A solid business, but screening 64% overvalued on our models.

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What matters now

  • A high-quality business (quality 72/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (₹452.89). The favourable scenario is already priced in.
  • A fairly wide model range (₹217.72 to ₹452.89) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹1,460 ₹631.01 Fair Value ₹329.76 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 18, 2026.

How to read this chart

60‑month range ₹631.01 – ₹1,460 · fair‑value band ₹217.72 – ₹452.89 · the ₹928.70 price screens above the ₹329.76 fair value. Dashed = 300-day average. As of Aug 18, 2026.

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Analysis

Godrej Consumer Products Limited (532424) currently trades at ₹928.70, while our model-based Fair Value estimate is ₹329.76, implying the stock looks roughly 64.5% overvalued today. The Quality Score stands at 72/100 (solid quality), in the Consumer Goods sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Godrej Consumer Products Limited generated revenue of ₹102B at a net margin of 15.0%. Revenue grew 10.8% year over year. It earns a return on equity of 18.8%. The stock trades on a trailing P/E of 61.3. Fundamentals as of Aug 18, 2026

Our scenario range runs from ₹217.72 (bear case) to ₹452.89 (bull case); at ₹928.70, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 28% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Goods peers we cover trades at -55% fair-value upside, at -64%, 532424 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹236.39 ₹351.56 ₹522.79 80
Residual Income ₹123.48 ₹151.10 ₹304.61 76
Rev-Margin DCF ₹232.48 ₹369.74 ₹524.26 74
All 26 models by family
DCF Models
FCF DCF ₹230.77 ₹358.10 ₹558.28 38
Owner Earnings ₹174.36 ₹270.09 ₹420.60 31
5Y Revenue Exit ₹232.48 ₹369.38 ₹542.49 39
5Y EBITDA Exit ₹245.57 ₹393.52 ₹563.62 41
5Y P/E Exit ₹239.81 ₹382.89 ₹530.56 38
10Y Revenue Exit ₹222.28 ₹348.43 ₹514.32 36
10Y EBITDA Exit ₹238.36 ₹365.45 ₹530.61 37
10Y P/E Exit ₹234.62 ₹357.95 ₹505.13 35
Earnings-Based
Graham-Dodd ₹123.19 ₹356.03 ₹469.88 54
Lynch FV ₹73.55 ₹105.07 ₹136.59 50
PEG = 1.0 ₹73.55 ₹105.07 ₹136.59 46
EPV ₹242.73 ₹284.96 ₹322.49 59
Dividend Discount
Gordon GGM ₹240.58 ₹525.22 ₹883.70 70
DDM Multi-Stage ₹240.58 ₹392.79 ₹547.36 61
Multiples
P/E Multiple ₹271.73 ₹362.31 ₹452.89 63
P/S Multiple ₹230.97 ₹307.96 ₹384.96 58
P/B Multiple ₹230.97 ₹307.96 ₹384.96 55
EV/EBIT ₹362.38 ₹482.03 ₹601.68 53
EV/EBITDA ₹284.98 ₹378.83 ₹472.69 54
EV/Revenue ₹245.38 ₹349.08 ₹452.78 43
Asset-Based
NCAV (Graham) ₹58.70 ₹78.66 ₹117.40 50
Growth DCF
Growth DCF ₹236.39 ₹351.56 ₹522.79 80
Rev-Margin DCF ₹232.48 ₹369.74 ₹524.26 74
Economic Profit
Residual Income ₹123.48 ₹151.10 ₹304.61 76
ROIC Compounder ₹258.88 ₹327.58 ₹407.48 72
Growth Earnings
Growth-Adj P/E ₹220.19 ₹314.56 ₹408.93 68

Widest divergence: Dividend Discount (₹392.79) versus Asset-Based (₹78.66). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹102B
Revenue growth (YoY) +10.8%
Net margin 15.0%
Return on equity 18.8%
P/E ratio 61.3
Operating margin 20.3%
More key figures
EPS (TTM) ₹14.95
Dividend yield 1.2%
EPS growth (YoY) +10.7%

Figures from reported company fundamentals · as of Aug 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 72/100

Of which business quality 69 · Market factors (momentum, volatility) 39

Profitability 59
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Godrej Consumer Products Limited, a fast moving consumer goods company, manufactures and markets personal care and household products in India, Indonesia, Africa, and internationally.

Full company description

Godrej Consumer Products Limited, a fast moving consumer goods company, manufactures and markets personal care and household products in India, Indonesia, Africa, and internationally. The company offers a range of home care and personal care products, air care products, household insecticides, hair colors, liquid detergents, soaps, air fresheners, hair extensions, hair care products, personal wash products, wet wipes, depilatory products, and color cosmetics, as well as skin care, fabric care, and hygiene products. It provides its products primarily under the Good knight, Godrej Expert, Cinthol, Godrej No. 1, Hit, Darling, B Blunt, Godrej protekt, Godrej aer, TCB Naturals', MegaGrowth, Just For Me, African Pride Moisture Miracle, Millefiori, issue, Ilicit, Godrej nupur, mitu, Godrej Ezee, Inecto, Stella, Pamela Grant, Renew, NYU, Roby, and Godrej Professional brands. The company has strategic partnerships with Zomato, ShopKirana, Zoomcar for the delivery of essential goods to consumers, retailers, and distributors during the ongoing lockdown to curb the coronavirus spread. Godrej Consumer Products Limited was founded in 1897 and is headquartered in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Godrej Consumer Products Limited reported revenue of ₹144B in FY2025 versus ₹110B in FY2021, a compound +6.8%/yr. Reported net income was ₹18.5B in FY2025, compounding +1.9%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
₹144B
Latest YoY
+1.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.7%
Avg. growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.0%
Revenue +6.8%/yr
FY21 ₹110B
FY22 ₹123B
FY23 ₹133B
FY24 ₹141B
FY25 ₹144B
Net income +1.9%/yr
FY21 ₹17.2B
FY22 ₹17.8B
FY23 ₹17.0B
FY24 −₹5.6B
FY25 ₹18.5B

532424 screens 64% overvalued. Compare with Marico Limited →

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Cite: Fair Value Calculator (2026). "Godrej Consumer Products Limited Fair Value". https://www.fairvalue-calculator.com/stock/532424

Peer Group

Consumer Goods · 9 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Personal Products” was too small, so the broader sector is used.)

Quality Score 72 · Top 25%
Fair Value upside −65% · Bottom 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth 11% · Above median
Dividend yield (TTM) 1.2% · Above median

Valuation Multiples vs Consumer Goods median · lower = cheaper

P/E (TTM) 61.3× · Pricier than 75% of peers
P/B 5.89× · Pricier than 75% of peers
P/S (TTM) 6.94× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 12
FUTURE 54 · sector 54
PAST 75 · sector 52
HEALTH 100 · sector 100
DIVIDEND 23 · sector 15

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Personal Products stocks, each showing price versus our Fair Value estimate (as of Aug 18, 2026).

Stock Price Fair Value vs Fair Value
Marico Limited 531642 ₹866.00 ₹200.14 -77%
Gillette India Limited 507815 ₹7,599 ₹1,674 -78%
Jyothy Labs Limited 532926 ₹199.85 ₹147.46 -26%
Pee Cee Cosma Sope Limited 524136 ₹389.75 ₹515.36 +32%
Ador Multiproducts Limited 523120 ₹74.86 ₹104.07 +39%
Hatsun Agro Product Limited 531531 ₹972.35 ₹362.14 -63%
Sundram Fasteners Limited 500403 ₹1,210 ₹240.89 -80%
EPL Limited 500135 ₹247.30 ₹111.65 -55%
V-Guard Industries Limited 532953 ₹343.45 ₹146.29 -57%
Finolex Industries Limited 500940 ₹161.30 ₹166.00 +3%

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Frequently asked questions

Is Godrej Consumer Products Limited (532424) overvalued or undervalued?
As of Aug 18, 2026, our model estimates a fair value of ₹329.76 versus a price of ₹928.70, about −64% (overvalued).
What is the fair value of 532424?
Our model-based fair value for Godrej Consumer Products Limited is ₹329.76 (as of Aug 18, 2026), built from audited fundamentals. The current price is ₹928.70.
What is the quality score of 532424?
Godrej Consumer Products Limited has a Quality Score of 72/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Godrej Consumer Products Limited (532424)?
Godrej Consumer Products Limited reported trailing-twelve-month revenue of about ₹102B (latest available figure, as of Aug 18, 2026).
What is the net profit margin of 532424?
The net profit margin of Godrej Consumer Products Limited is about 15.0%, meaning it keeps roughly 15.0% of revenue as net income. Based on the latest reported figures.
Does Godrej Consumer Products Limited pay a dividend?
Godrej Consumer Products Limited currently shows a dividend yield of about 1.17% relative to its recent price (as of Aug 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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