Valuation Godfrey Phillips India Limited

Equities

Market Closed - Bombay S.E. Other stock markets 10:13:17 19/01/2026 GMT			5-day change	1st Jan Change
2,193.85 ^INR	-2.19%		+5.49%	-20.56%

01-01	Indian tobacco stocks tank as government levies new tax on cigarettes	RE
01-01	Indian tobacco stocks fall as India imposes new excise duty on cigarettes	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2020	2021	2022	2023	2024	2025
Capitalization ¹	49,004	47,447	52,524	94,567	160,552	351,627
Change	-	-3.18%	10.7%	80.04%	69.78%	119.01%
Enterprise Value (EV) ¹	51,038	46,547	50,906	96,575	162,324	351,484
Change	-	-8.8%	9.36%	89.71%	68.08%	116.53%
P/E ratio	12.7x	12.6x	12x	13.7x	18.2x	32.7x
PBR	2.24x	1.84x	1.79x	2.67x	3.79x	6.7x
PEG	-	-5.8x	0.7x	0.2x	0.7x	1.5x
Capitalization / Revenue	1.7x	1.88x	1.95x	2.65x	3.63x	6.27x
EV / Revenue	1.77x	1.84x	1.89x	2.71x	3.67x	6.26x
EV / EBITDA	9.27x	9.45x	8.74x	12.7x	19.3x	30.4x
EV / EBIT	11.4x	11.5x	10.3x	14.5x	21.6x	32.8x
EV / FCF	28x	38.6x	16.3x	15x	185x	-382x
FCF Yield	3.58%	2.59%	6.15%	6.66%	0.54%	-0.26%
Dividend per Share ²	8	8	9.333	14.67	18.67	31.67
Rate of return	2.55%	2.63%	2.77%	2.42%	1.81%	1.4%
EPS ²	24.67	24.14	28.08	44.27	56.62	68.94
Distribution rate	32.4%	33.1%	33.2%	33.1%	33%	45.9%
Net sales ¹	28,766	25,253	26,876	35,625	44,196	56,110
EBITDA ¹	5,509	4,927	5,825	7,615	8,427	11,580
EBIT ¹	4,483	4,053	4,935	6,679	7,515	10,716
Net income ¹	3,849	3,765	4,381	6,905	8,830	10,720
Net Debt ¹	2,033	-899.7	-1,619	2,008	1,772	-142.8
Reference price ²	314.17	304.18	336.73	606.27	1,029.30	2,254.28
Nbr of stocks (in thousands)	155,982	155,982	155,982	155,982	155,982	155,982
Announcement Date	07/09/20	14/07/21	04/08/22	08/08/23	13/08/24	06/08/25

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
GODFREY PHILLIPS INDIA LIMITED	-	-	-	-	3.86B
PHILIP MORRIS INTERNATIONAL, INC.	24.01x	7.65x	18.17x	3.41%	270B
BRITISH AMERICAN TOBACCO P.L.C.	12.52x	4.86x	10.09x	5.67%	126B
IMPERIAL BRANDS PLC	10.59x	3.2x	7.36x	5.54%	32.19B
SMOORE INTERNATIONAL HOLDINGS LIMITED	56.88x	3.94x	28.22x	2%	8.68B
PHILIP MORRIS CR	15x	2.02x	9.21x	6.65%	2.52B
TURNING POINT BRANDS, INC.	33.27x	-	-	0.25%	2.27B
UNIVERSAL CORPORATION	11.56x	-	-	-	1.35B
Average	23.40x	4.34x	14.61x	3.92%	55.86B
Weighted average by Cap.	20.38x	6.42x	15.21x	4.18%