Whalesbook
Asal mein, ye holding company hai na, toh jitni bhi subsidiaries hain jaise Godrej Consumer Products, Godrej Agrovet, Godrej Properties, sabka performance GIL ke consolidated results mein dikhta hai. Aur iss baar in subsidiaries ne kamaal kar diya, jiske wajah se total income 29.30% badh kar ₹8,274.35 crore tak pahunch gayi.
Pure saal (FY26) ki baat karein toh consolidated profit 2,411.91 crore ho gaya, jo pichhle saal se 29.80% zyada hai. ZABARDAST growth hai group level pe!
Par, iss consolidated strength ke beech ek bada contrast hai. GIL ka standalone business pressure mein nazar aa raha hai. Iska annual profit FY26 mein 67.83% tak gir gaya. Iska matlab, parent company ke andar kuch operations mein dikkat aa rahi hai, jispe dhyan dena hoga.
Financial health ki baat karein toh leverage ka issue bhi hai. Standalone business ka Net Debt Equity Ratio 5.50 hai March 2026 tak, jo kaafi high hai aur financial risk badhata hai. Iske saath hi, ek subsidiary mein regulatory problem bhi nikli hai – managerial remuneration legal limit se ₹21.57 crore zyada pay kiya gaya. Ye governance issue par nazar rakhni padegi.
Company ne exceptional liabilities bhi report ki hain, consolidated basis par ₹65.81 crore aur standalone basis par ₹8.21 crore, jo gratuity aur leave benefits se related hain.
Shareholders ke liye, consolidated profit kaafi acha hai toh dividend milne ki umeed hai. Lekin sab ki nazar ab management ke plan par hai ki wo standalone business ki profitability aur high leverage ko kaise theek karenge. Aur regulatory issue ka kya hoga, ye bhi dekhna hoga.