Godfrey Phillips India Limited
Godfrey Phillips India Limited, together with its subsidiaries, manufactures and trades cigarettes, tobacco products, and related products in India and internationally. It operates through Cigarette, Tobacco and Related Products; and Others segments. The company offers cigarette products under the Marlboro, Four Square, Red & White, Stellar, Cavanders, Originals, North Pole & Tipper, Focus, Jaisa… Read more
Godfrey Phillips India Limited (GODFRYPHLP) - Net Assets
Latest net assets as of September 2025: ₹58.33 Billion INR
Based on the latest financial reports, Godfrey Phillips India Limited (GODFRYPHLP) has net assets worth ₹58.33 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹81.02 Billion) and total liabilities (₹22.69 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹58.33 Billion |
| % of Total Assets | 72.0% |
| Annual Growth Rate | 14.79% |
| 5-Year Change | 103.0% |
| 10-Year Change | 267.34% |
| Growth Volatility | 4.74 |
Godfrey Phillips India Limited - Net Assets Trend (2005–2025)
This chart illustrates how Godfrey Phillips India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Godfrey Phillips India Limited (2005–2025)
The table below shows the annual net assets of Godfrey Phillips India Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹52.52 Billion | +23.93% |
| 2024-03-31 | ₹42.38 Billion | +19.28% |
| 2023-03-31 | ₹35.53 Billion | +21.15% |
| 2022-03-31 | ₹29.33 Billion | +13.35% |
| 2021-03-31 | ₹25.87 Billion | +16.77% |
| 2020-03-31 | ₹22.16 Billion | +6.97% |
| 2019-03-31 | ₹20.72 Billion | +13.20% |
| 2018-03-31 | ₹18.30 Billion | +7.59% |
| 2017-03-31 | ₹17.01 Billion | +18.95% |
| 2016-03-31 | ₹14.30 Billion | +8.57% |
| 2015-03-31 | ₹13.17 Billion | +11.08% |
| 2014-03-31 | ₹11.86 Billion | +11.93% |
| 2013-03-31 | ₹10.59 Billion | +12.92% |
| 2012-03-31 | ₹9.38 Billion | +16.16% |
| 2011-03-31 | ₹8.08 Billion | +18.07% |
| 2010-03-31 | ₹6.84 Billion | +14.09% |
| 2009-03-31 | ₹6.00 Billion | +14.92% |
| 2008-03-31 | ₹5.22 Billion | +22.85% |
| 2007-03-31 | ₹4.25 Billion | +15.99% |
| 2006-03-31 | ₹3.66 Billion | +9.94% |
| 2005-03-31 | ₹3.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Godfrey Phillips India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1202.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹41.99 Billion | 80.05% |
| Common Stock | ₹104.00 Million | 0.20% |
| Other Comprehensive Income | ₹10.36 Billion | 19.75% |
| Other Components | ₹28.00K | 0.00% |
| Total Equity | ₹52.46 Billion | 100.00% |
Godfrey Phillips India Limited Competitors by Market Cap
The table below lists competitors of Godfrey Phillips India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SolarWinds Corp
NYSE:SWI
|
$1.05 Billion |
|
Tata Technologies Limited
NSE:TATATECH
|
$1.05 Billion |
|
MIRAIT ONE Corporation
PINK:MRHLF
|
$1.05 Billion |
|
Deutsche Wohnen AG
LSE:0OBQ
|
$1.05 Billion |
|
Heron Neutron Medical Corp.
TW:7799
|
$1.05 Billion |
|
TKH Group NV
AS:TWEKA
|
$1.05 Billion |
|
Dorian LPG Ltd
NYSE:LPG
|
$1.05 Billion |
|
Air Transport Services Group Inc
NASDAQ:ATSG
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Godfrey Phillips India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 42,321,200,000 to 52,458,200,000, a change of 10,137,000,000 (24.0%).
- Net income of 10,720,328,000 contributed positively to equity growth.
- Dividend payments of 4,692,600,000 reduced retained earnings.
- Share repurchases of 274,400,000 reduced equity.
- New share issuances of 274,400,000 increased equity.
- Other comprehensive income increased equity by 3,499,473,000.
- Other factors increased equity by 609,799,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹10.72 Billion | +20.44% |
| Dividends Paid | ₹4.69 Billion | -8.95% |
| Share Repurchases | ₹274.40 Million | -0.52% |
| Share Issuances | ₹274.40 Million | +0.52% |
| Other Comprehensive Income | ₹3.50 Billion | +6.67% |
| Other Changes | ₹609.80 Million | +1.16% |
| Total Change | ₹- | 23.95% |
Book Value vs Market Value Analysis
This analysis compares Godfrey Phillips India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.96x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 94.17x to 5.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹21.34 | ₹2010.10 | x |
| 2006-03-31 | ₹23.47 | ₹2010.10 | x |
| 2007-03-31 | ₹27.22 | ₹2010.10 | x |
| 2008-03-31 | ₹33.24 | ₹2010.10 | x |
| 2009-03-31 | ₹38.25 | ₹2010.10 | x |
| 2010-03-31 | ₹43.69 | ₹2010.10 | x |
| 2011-03-31 | ₹51.63 | ₹2010.10 | x |
| 2012-03-31 | ₹60.01 | ₹2010.10 | x |
| 2013-03-31 | ₹203.37 | ₹2010.10 | x |
| 2014-03-31 | ₹227.78 | ₹2010.10 | x |
| 2015-03-31 | ₹84.15 | ₹2010.10 | x |
| 2016-03-31 | ₹91.37 | ₹2010.10 | x |
| 2017-03-31 | ₹106.45 | ₹2010.10 | x |
| 2018-03-31 | ₹114.97 | ₹2010.10 | x |
| 2019-03-31 | ₹130.70 | ₹2010.10 | x |
| 2020-03-31 | ₹140.23 | ₹2010.10 | x |
| 2021-03-31 | ₹165.54 | ₹2010.10 | x |
| 2022-03-31 | ₹563.06 | ₹2010.10 | x |
| 2023-03-31 | ₹227.46 | ₹2010.10 | x |
| 2024-03-31 | ₹271.38 | ₹2010.10 | x |
| 2025-03-31 | ₹337.33 | ₹2010.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Godfrey Phillips India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.11%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.33x
- Recent ROE (20.44%) is above the historical average (16.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 19.57% | 9.55% | 1.21x | 1.70x | ₹318.60 Million |
| 2006 | 16.33% | 8.74% | 1.14x | 1.64x | ₹231.86 Million |
| 2007 | 20.95% | 11.68% | 1.18x | 1.52x | ₹465.09 Million |
| 2008 | 23.98% | 13.77% | 1.04x | 1.68x | ₹724.91 Million |
| 2009 | 18.19% | 9.59% | 1.12x | 1.69x | ₹488.84 Million |
| 2010 | 16.89% | 8.32% | 1.27x | 1.59x | ₹469.26 Million |
| 2011 | 20.63% | 10.37% | 1.14x | 1.75x | ₹856.06 Million |
| 2012 | 19.39% | 9.50% | 1.15x | 1.78x | ₹878.93 Million |
| 2013 | 16.08% | 8.11% | 1.15x | 1.72x | ₹642.84 Million |
| 2014 | 14.82% | 7.08% | 1.28x | 1.64x | ₹571.13 Million |
| 2015 | 13.97% | 7.09% | 1.25x | 1.58x | ₹520.58 Million |
| 2016 | 11.91% | 7.28% | 1.16x | 1.41x | ₹271.54 Million |
| 2017 | 8.26% | 5.71% | 1.09x | 1.33x | ₹-288.17 Million |
| 2018 | 8.87% | 6.84% | 0.94x | 1.38x | ₹-202.28 Million |
| 2019 | 12.77% | 10.42% | 0.87x | 1.41x | ₹564.38 Million |
| 2020 | 17.60% | 13.38% | 0.87x | 1.51x | ₹1.66 Billion |
| 2021 | 14.58% | 14.91% | 0.68x | 1.45x | ₹1.18 Billion |
| 2022 | 14.96% | 16.30% | 0.66x | 1.40x | ₹1.45 Billion |
| 2023 | 19.46% | 19.38% | 0.72x | 1.40x | ₹3.36 Billion |
| 2024 | 20.87% | 21.98% | 0.69x | 1.38x | ₹4.60 Billion |
| 2025 | 20.44% | 19.11% | 0.81x | 1.33x | ₹5.47 Billion |
Industry Comparison
This section compares Godfrey Phillips India Limited's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $16,003,322,512
- Average return on equity (ROE) among peers: 4.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Godfrey Phillips India Limited (GODFRYPHLP) | ₹58.33 Billion | 19.57% | 0.39x | $1.05 Billion |
| Golden Tobacco Limited (GOLDENTOBC) | $925.21 Million | -12.65% | 2.57x | $2.41 Million |
| ITC Limited (ITC) | $44.66 Billion | 0.00% | 0.66x | $32.92 Billion |
| VST Industries Limited (VSTIND) | $2.42 Billion | 25.54% | 1.07x | $52.63 Million |