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Godrej Industries Limited (GODREJIND) Fair Value & Analysis

Industrials · IN · Market cap ₹408B

GI Godrej Industries Limited GODREJIND · NSE
Price₹1,253
Fair Value₹1,392
Upside+11.2%
Quality31/100
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Expensive Growth
Thin margins · 4.8% net margin
High debt · negative free cash flow
Mixed vs. peers (6/13)
Narrow moat 44/100
Evidence: Medium Range ₹1,044 – ₹1,740 Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from ₹626.15 to ₹1,392 (+122.4%) since Aug 6, 2026. Share price −9.2% over the past month.

Below-average quality, screening 11% undervalued on our models.

What matters now

  • Our model range runs from ₹1,044 (bear) to ₹1,740 (bull), base ₹1,392. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 31/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

₹1,418 ₹397.30 Fair Value ₹1,392 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹397.30 – ₹1,418 · fair‑value band ₹1,044 – ₹1,740 · the ₹1,253 price screens below the ₹1,392 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Godrej Industries Limited (GODREJIND) currently trades at ₹1,253, while our model-based Fair Value estimate is ₹1,392, implying the stock looks roughly 11.2% undervalued today. The Quality Score stands at 31/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Godrej Industries Limited generated revenue of ₹260B at a net margin of 4.8%. Revenue grew 51.6% year over year. It earns a return on equity of 10.8%. Net debt stands at ₹446B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹1,044 (bear case) to ₹1,740 (bull case); at ₹1,253, the current price sits within 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 5% below its 52-week high and 68% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 11% fair-value upside, at 11%, GODREJIND 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
Residual Income ₹304.13 ₹359.90 ₹812.47 76
Gordon GGM ₹21.25 ₹46.40 ₹78.06 70
P/E Multiple ₹580.11 ₹773.48 ₹966.85 63
All 9 models by family
DCF Models
Owner Earnings ₹128.02 ₹618.16 31
Earnings-Based
Graham-Dodd ₹250.46 ₹1,215 ₹1,674 54
Lynch FV ₹325.38 ₹464.82 ₹604.27 50
Dividend Discount
Gordon GGM ₹21.25 ₹46.40 ₹78.06 70
DDM Multi-Stage ₹21.25 ₹38.01 ₹48.35 61
Multiples
P/E Multiple ₹580.11 ₹773.48 ₹966.85 63
P/B Multiple ₹469.61 ₹626.15 ₹782.69 55
Asset-Based
NCAV (Graham) ₹165.92 ₹222.33 ₹331.84 50
Economic Profit
Residual Income ₹304.13 ₹359.90 ₹812.47 76

Widest divergence: Multiples (₹626.15) versus Dividend Discount (₹38.01). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹260B
Revenue growth (YoY) +51.6%
Net margin 4.8%
Return on equity 10.8%
Free cash flow −₹129B FY2026
P/E ratio 34.0
More key figures
Operating margin 19.4%
EPS (TTM) ₹36.88
EPS growth (YoY) +143%
Net debt ₹446B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 31/100

Of which business quality 27 · Market factors (momentum, volatility) 60

Profitability 23
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 5
Balance sheet, leverage, solvency risk
Investment 42
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 60
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 Industries Limited, together with its subsidiaries, engages in the chemical, agriculture, real estate, vegetable oil, hospitality, and financial and investment businesses in India and internationally.

Full company description

Godrej Industries Limited, together with its subsidiaries, engages in the chemical, agriculture, real estate, vegetable oil, hospitality, and financial and investment businesses in India and internationally. The company produces and sells fatty acids, fatty alcohols, esters and waxes, refined glycerine, alpha olefin sulphonates, sodium lauryl sulphate, and sodium lauryl ether sulphate. It also offers compound feeds for cattle, poultry, shrimp, and fish. In addition, the company provides refined vegetable and vanaspati oil; and engages in oil trading and oil palm plantation business. Further, it is involved in real estate sales, development, and leasing activities; financial services business; and crop protection business. Additionally, the company provides milk and milk products; and hotel room, food and beverage sale, and banquet services. Furthermore, it is involved in poultry and cattle breeding; energy generation through windmills; and seeds related business. Godrej Industries Limited offers hair care, home care, pet care, and personal care products. The company provides business loan, plot, loan against property, and home loan. Godrej Industries Limited was formerly known as Godrej Soaps Limited and changed its name to Godrej Industries Limited in April 2001. The company was founded in 1897 and is based in Mumbai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Godrej Industries Limited reported revenue of ₹222B in FY2026 versus ₹150B in FY2022, a compound +10.3%/yr. Reported net income was ₹12.4B in FY2026, compounding +17.4%/yr from FY2022.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹222B
Latest YoY
+6.0%
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.
+7.9%
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.
+17.4%
Avg. growth/yr (21Y) 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.
+12.3%
Revenue +10.3%/yr
FY22 ₹150B
FY23 ₹177B
FY24 ₹176B
FY25 ₹210B
FY26 ₹222B
Net income +17.4%/yr
FY22 ₹6.5B
FY23 ₹9.7B
FY24 ₹600M
FY25 ₹9.8B
FY26 ₹12.4B
Character of growth · EPS growth decomposed (2015-2026) +12.0 % p.a.
Revenue per share +10.1 pp

of which total revenue +10.1 pp · buybacks/dilution +0.0 pp

EBIT margin +1.4 pp
Tax rate −2.0 pp
Residual (interest, one-offs) +2.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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

Peer Group

Conglomerates · 384 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 31 · Bottom 25%
Fair Value upside +11% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 3% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 19% · Top 25%
Revenue growth 52% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 1.92× · Higher than 75% of peers

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 34.0× · Pricier than 75% of peers
P/B 3.65× · Pricier than 75% of peers
P/S (TTM) 1.57× · Pricier than median
EV/EBITDA 9.2× · Pricier than median

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 48 · sector 27
FUTURE 100 · sector 16
PAST 43 · sector 18
HEALTH 4 · sector 88
DIVIDEND 4 · sector 46

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.

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Frequently asked questions

Is Godrej Industries Limited (GODREJIND) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹1,392 versus a price of ₹1,253, about +11% (undervalued).
What is the fair value of GODREJIND?
Our model-based fair value for Godrej Industries Limited is ₹1,392 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹1,253.
What is the quality score of GODREJIND?
Godrej Industries Limited has a Quality Score of 31/100. 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 Industries Limited (GODREJIND)?
Godrej Industries Limited reported trailing-twelve-month revenue of about ₹260B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of GODREJIND?
The net profit margin of Godrej Industries Limited is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.

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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