Godrej Consumer Products Limited (GODREJCP)
₹855.00 -1.66% last close, 16 Oct
Q2 FY27 results
📅 Next results: 29 Oct 2026 (board meeting)Godrej Consumer Products Limited's board meets on 29 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, Godrej Consumer's revenue was ₹4,225 Cr (+15.4% year on year, +8.3% on the previous quarter), and net profit ₹505 Cr (+11.5% year on year); the operating margin was 19.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹4,225 | +15.4% | +8.3% |
| Operating profit | ₹801 | +15.4% | -4.7% |
| Net profit | ₹505 | +11.5% | +11.6% |
| Operating margin | 19.0% | — | — |
GODREJCP delivery percentage and open interest
NSE end-of-day data for
On Fri, 16 Oct 2026, 48.87% of the GODREJCP shares traded on NSE were taken to delivery, against the stock's own 20-session average of 57.24%. That is lower than usual for this stock. In GODREJCP futures, open interest rose 1.95% while the futures price fell 1.42%: short buildup (new short positions).
Delivery in the last 5 sessions: 50.1% · 65.0% · 69.4% · 45.3% · 48.9%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Godrej Consumer Products Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the period ended September 30, 2026. The certificate, issued by Registrar and Transfer Agent MUFG Intime India Private Limited, confirms that security certificates received for dematerialisation were duly processed and cancelled within stipulated timelines. This is a standard quarterly administrative filing with no material impact on company operations or finances.
- Compliance certificate pertains to the quarter ended September 30, 2026
- Issued by RTA MUFG Intime India Private Limited dated October 3, 2026
- Formal submission made to stock exchanges on October 12, 2026
- Confirms securities dematerialised were listed and certificates duly mutilated
Godrej Consumer Products Limited (GCPL) announced that its shareholders have approved the appointment of Mr. Aasif Malbari as Managing Director & Chief Executive Officer for a 5-year tenure effective August 12, 2026. The postal ballot resolution passed with an overwhelming 99.32% of total polled votes in favor. Institutional shareholder participation was strong at 90.05%, with 97.86% institutional votes supporting the appointment. This concludes the formal shareholder ratification of top leadership for the Rs 120,208 Cr FMCG firm.
- Resolution passed with 99.32% votes in favor (91,97,72,981 votes) versus 0.68% against (62,79,224 votes)
- Appointment of Mr. Aasif Malbari as MD & CEO confirmed for a period of 5 years effective August 12, 2026
- Public institutions voted 97.86% in favor with a voter turnout of 90.05%
- Promoter group voted 100% (54,26,72,366 votes) in favor of the resolution
- Remote e-voting concluded on October 7, 2026, after opening on September 8, 2026
Godrej Consumer Products Indonesia (GCPI) has inaugurated the first phase of its new manufacturing facility in the Kendal Special Economic Zone. The total investment stands at IDR 500 billion (approximately ₹250 crore), which represents about 1.6% of GCPL's TTM revenue (₹16,050 crore) and about 3.2% of its net worth (₹7,844 crore). The plant expands GCPL's home and personal care capacity by roughly 15%, addressing current utilization levels of 75-80%. The initial phase spans 2.5 hectares of a 5.5-hectare site and is dedicated to Household Insecticides, serving domestic Indonesian demand as well as regional export markets.
- Inaugurated Phase 1 of a new facility built across 2.5 hectares of a 5.5-hectare site in Kendal, Indonesia
- Total investment of IDR 500 billion (approx. ₹250 crore), representing ~1.6% of TTM revenue
- Expands home and personal care capacity by approximately 15%, easing 75-80% capacity utilization
- Dedicated initially to Household Insecticides for both domestic consumption and regional export markets
Godrej Consumer Products released its Q2 FY27 quarterly business update indicating high-teens consolidated revenue growth alongside high-single-digit underlying volume growth. Consolidated EBITDA is guided to deliver double-digit growth despite renewed input cost pressures in crude-linked derivatives and palm oil. Standalone India operations expect teens revenue growth, despite an estimated 100–150 bps drag from trade inventory correction. International businesses in Indonesia and GAUM both maintained momentum with high-teens and double-digit expansions, respectively.
- Consolidated revenue expected to grow in high-teens with high-single-digit underlying volume growth
- Consolidated EBITDA expected to achieve double-digit growth despite commodity inflation
- Standalone business impacted by approximately 100–150 basis points due to trade inventory correction
- Indonesia business projects high-teens revenue growth backed by high-single-digit volume growth
- GAUM segment anticipated to record robust double-digit revenue and volume growth
Godrej Consumer Products Limited has allotted 1,57,122 equity shares of face value ₹1 each upon the exercise of stock options under its Employees Stock Grant Scheme, 2011. The exercise price was ₹1 per share, raising ₹1,57,122. Consequently, the company's paid-up equity share capital increased from ₹1,02,33,04,953 to ₹1,02,34,62,075. The dilution from this allotment represents an immaterial ~0.015% of the total outstanding share capital.
- Allotment of 1,57,122 equity shares of face value ₹1 each under GCPL ESGS 2011
- Exercise price set at ₹1 per share, realizing ₹1,57,122 in proceeds
- Paid-up share capital expanded to ₹1,02,34,62,075 across 1,02,34,62,075 equity shares
- Pre-allotment paid-up share capital stood at ₹1,02,33,04,953
Godrej Consumer Products Limited informed that members of the Promoter and Promoter Group executed block deals on September 24, 2026, involving 1,02,30,000 equity shares (1.00% of paid-up capital). The shares were sold by Godrej Industries Limited and Godrej Seeds & Genetics Limited, and simultaneously acquired by individual promoters Mr. Nadir Godrej, Ms. Nisaba Godrej, Mr. Pirojsha Godrej, and Ms. Tanya Dubash. Consequently, the transaction causes zero net change to the overall promoter shareholding, which remains intact at 53.05%.
- Promoter entities sold 1,02,30,000 equity shares representing 1.00% of paid-up equity share capital
- Individual family promoters acquired an aggregate of 1,02,30,000 equity shares (1.00%)
- Overall promoter and promoter group shareholding remains completely unchanged at 53.05%
- Transaction was executed on September 24, 2026 via block deals on stock exchanges
Godrej Consumer Products Limited has published a public notice in Financial Express on September 17, 2026, regarding the loss of share certificates and subsequent issuance of duplicate securities. This disclosure is in compliance with SEBI Circular No. HO/38/13/11(3)2025-MIRSD-POD/I/1102/2025 dated December 24, 2025. Any claims or objections must be submitted within 15 days of the publication date. This is a standard statutory procedure with no financial or operational impact on the company.
- Newspaper notice published in Financial Express (English) - All India Edition on September 17, 2026
- Pertains to loss of share certificates and issuance of duplicate securities
- Issued under SEBI circular dated December 24, 2025
- Objection window provided is 15 days from publication
Godrej Consumer Products Limited (GCPL) submitted the transcript of its institutional investor meet held on September 2, 2026, marking new MD & CEO Aasif Malbari's strategic briefing three weeks post-appointment. The management discussed refreshing long-range planning, addressing prior shortfalls in delivering double-digit volume growth, and executing an inventory correction in India that will create short-term pressure on domestic margins. GCPL also highlighted product launches, including Godrej Rizz in Maharashtra at an MRP of INR 79, while reaffirming investments despite rising commodity uncertainties.
- Call hosted on September 2, 2026, following the appointment of Aasif Malbari as MD & CEO three weeks prior.
- Announced the launch of dishwashing/cleaning product 'Godrej Rizz' in Maharashtra at an MRP of INR 79.
- Management noted a 'reasonably large' inventory correction underway in India, creating near-term pressure on domestic profitability.
- Acknowledged that historical five-year targets of sustained double-digit volume growth were not delivered as expected.
Godrej Consumer Products Limited has issued a Postal Ballot notice seeking shareholder approval via an Ordinary Resolution to appoint Mr. Aasif Malbari as Managing Director & Chief Executive Officer for a 5-year tenure from August 12, 2026, to August 11, 2031. Remote e-voting commences on September 8, 2026, and concludes on October 7, 2026, with results to be declared on or before October 9, 2026. The cut-off date to reckon voting rights was September 1, 2026. This formalizes top executive leadership following the Board's approval on August 11, 2026.
- Appointment of Mr. Aasif Malbari as Managing Director & CEO for a 5-year term from August 12, 2026, to August 11, 2031
- Shareholder approval sought via an Ordinary Resolution through remote e-voting
- Remote e-voting period runs from September 8, 2026 (9:00 AM IST) to October 7, 2026 (5:00 PM IST)
- Cut-off date for reckoning voting eligibility set as September 1, 2026
- Postal Ballot results to be announced on or before Friday, October 9, 2026
Godrej Consumer Products Limited has made available the audio and video recording of its Institutional Investors and Financial Analysts Meet conducted on September 2, 2026. The submission complies with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements. The complete recording has been hosted on the company's official website. This is a routine administrative compliance filing with no new quantitative data presented in the intimation.
- Investor & Analysts Meet conducted on September 2, 2026.
- Prior schedule intimation letter was submitted on August 27, 2026.
- Audio/Video recording made publicly available on the company website pursuant to SEBI LODR Regulation 30.
Godrej Consumer Products Limited (GODREJCP) has submitted an intimation regarding its investor presentation for the Institutional Investors and Financial Analysts Meet scheduled for September 2, 2026. The presentation has been uploaded to the company's website in compliance with Regulation 30 of SEBI LODR Regulations. This follows the prior meeting schedule intimation dated August 27, 2026. As a procedural intimation of presentation availability, there is no direct financial impact.
- Investor & Analysts Meet conducted on September 2, 2026
- Prior intimation regarding the meeting schedule was issued on August 27, 2026
- Investor presentation hosted on the company's website per SEBI LODR Regulation 30 requirements
Godrej Consumer Products Limited (GCPL) has informed the exchanges regarding a scheduled Institutional Investors & Financial Analysts meet. The virtual conference call is slated for Wednesday, September 2, 2026, from 4:30 pm to 6:00 pm IST. Senior management will represent the company to discuss business updates. Any presentation shared during the event will be submitted to the stock exchanges and uploaded on the company website.
- Conference call scheduled for Wednesday, September 2, 2026
- Session timing set from 4:30 pm to 6:00 pm IST
- Meeting to be conducted virtually with senior management to discuss business updates
- Presentations, if any, will be filed with the exchanges and published on GCPL's website
Godrej Consumer Products Limited (GCPL) has inaugurated its 4th manufacturing unit at Malanpur, Madhya Pradesh, involving an investment of over ₹480 crore, taking cumulative site investment to ₹850 crore. The expansion elevates total soap manufacturing capacity to over 2 lakh metric tonnes per annum with lines capable of producing 4,000 soap bars per minute. GCPL projects the expanded facility to generate a turnover of ₹3,800 crore once fully operational, which equates to ~23.7% of its TTM revenue (₹16,050 crore). The plant will manufacture products across key brands including Cinthol, Godrej No.1, GoodKnight, Godrej Aer, and Godrej Expert Hair Colour.
- Inaugurated 4th unit at Malanpur with an investment of over ₹480 crore, bringing total site investment to ₹850 crore across 65 acres.
- Expected to generate an annual turnover of ₹3,800 crore once fully operational (~23.7% of TTM revenue of ₹16,050 crore).
- Soap manufacturing capacity expanded to over 2 lakh metric tonnes per annum, producing up to 4,000 soap bars per minute.
- Features high-speed automation lines operating nearly 3x faster than existing lines across soaps, hair colours, and household insecticides.
Godrej Consumer Products Limited has issued a statutory notice to shareholders regarding the proposed transfer of unpaid dividends and underlying equity shares to the Investor Education and Protection Fund (IEPF). This applies to interim dividends declared in November 2019 that have remained unpaid or unclaimed for seven consecutive years, ending December 12, 2026. Concerned shareholders must submit their valid claims and KYC documents to the RTA by November 15, 2026. This is a mandatory compliance process under Section 124(6) of the Companies Act, 2013, with no impact on the company's operational or financial performance.
- Notice issued for transfer of shares where dividends remain unclaimed for 7 consecutive years since August 2019
- 7-year period for the November 2019 interim dividend concludes on December 12, 2026
- Deadline for shareholders to submit claims to RTA is November 15, 2026
- Claims above ₹10,000 require an Indemnity Letter on non-judicial stamp paper
Godrej Consumer Products Limited has scheduled an interaction with analysts and institutional investors on Thursday, August 27, 2026, from 10:00 a.m. onwards. The meeting will be conducted in a physical group format. The company noted that presentations made will align with existing disclosures available on exchange websites, with no new unpublished price-sensitive information expected.
- Analyst/Investor meeting scheduled for Thursday, August 27, 2026
- Meeting start time set for 10:00 a.m. onwards (IST)
- Interaction format is a physical Group Meeting
- Filing submitted under Regulation 30 of SEBI LODR Regulations on August 21, 2026
Financial Performance
Revenue Growth by Segment
Africa segment margins are at 14% with strong growth; Indonesia volume growth is in the low single-digit range; India and Indonesia cost savings are being plowed back into pricing resulting in negative Unit Price Growth (UPG).
Geographic Revenue Split
Revenue is diversified across India, Indonesia, Africa, the US, Latin America, and the Middle East; specific percentage split by region is not disclosed in available documents.
Profitability Margins
Africa operating margins are approximately 14%; Indonesia margins are within the normative range but on the lower side; consolidated EBITDA growth is expected to be marginally lower due to cost reclassifications.
EBITDA Margin
Africa EBITDA margins are at 14%; Indonesia margins are described as being on the lower side of the normative range; Muuchstac (TSPL) has an adjusted EBITDA margin of ~40% as of TTM September 2025.
Capital Expenditure
The company has planned capital expenditure of INR 500-600 Cr annually to augment manufacturing capacities over the medium term.
Credit Rating & Borrowing
Credit ratings are reaffirmed at [ICRA] AAA (Stable) / [ICRA] A1+ and CRISIL A1+; liquidity is supported by bank limits of INR 143 Cr and overseas fund-based limits of $370 million.
Operational Drivers
Raw Materials
Raw materials include palm oil (implied for soaps) and chemicals for insecticides; specific percentage of total cost for each is not disclosed.
Capacity Expansion
Planned capex of INR 500-600 Cr annually for manufacturing capacity augmentation across plants in Assam, Himachal Pradesh, Jammu and Kashmir, Madhya Pradesh, Meghalaya, Puducherry, Sikkim, and Tamil Nadu.
Raw Material Costs
Operating margins are susceptible to changes in raw material prices; procurement strategies focus on internal cost savings to offset price growth.
Strategic Growth
Expected Growth Rate
30%
Growth Strategy
Growth will be achieved through the offline scale-up of the Muuchstac brand (targeting INR 200-300 Cr revenue by FY30 from INR 80 Cr), cost savings in India and Indonesia, and strategic acquisitions like the FMCG business of Raymond Consumer Care Ltd.
Products & Services
Household insecticides, soaps, hair colourants, air fresheners, liquid detergents, deodorants, and sexual wellness products.
Brand Portfolio
Goodknight, Hit, Park Avenue, Kamasutra, KS, Premium, and Muuchstac.
New Products/Services
Muuchstac men's facewash and grooming products are expected to grow from INR 80 Cr to INR 200-300 Cr by FY30.
Market Expansion
Focus on building presence in key emerging markets in Asia, Africa, and Latin America; Muuchstac expansion focuses on moving from online (30-35% market share) to offline channels.
Market Share & Ranking
Muuchstac holds a 10-15% online market share in men's facewash and 30-35% in specific premium grooming segments.
Strategic Alliances
Family settlement agreement (FSA) entered into in April 2024 to manage promoter interests; acquisition of Triology Solutions Private Limited (TSPL) FMCG business.
External Factors
Industry Trends
The FMCG sector is seeing a shift toward premiumization in men's grooming and digital-first brands; competitive intensity remains high in international markets like Indonesia.
Competitive Landscape
Intense competition from both global retailers and local companies, particularly in the Indonesian market.
Competitive Moat
Moat is sustained by strong brand reputation (Godrej group), diversified geographic presence, and financial flexibility with a net cash positive position.
Macro Economic Sensitivity
High sensitivity to macroeconomic and geopolitical risks in overseas operations, particularly currency volatility in Africa and Latin America.
Consumer Behavior
Shift toward premium men's grooming products and online purchasing for personal care.
Geopolitical Risks
Geopolitical risks in overseas geographies are a key rating sensitivity factor that could impact the financial risk profile.
Regulatory & Governance
Industry Regulations
Compliance with Section 197 of the Companies Act regarding director remuneration and Section 124(6) regarding transfer of shares to the Investor Education and Protection Fund (IEPF).
Environmental Compliance
ESG profile supports the credit risk profile; FMCG sector has moderate environmental and social impact.
Taxation Policy Impact
Slump sale structuring of the Muuchstac acquisition will result in availing tax depreciation on brands, reducing cash tax.
Risk Analysis
Key Uncertainties
Currency volatility in international markets and elevated competitive pressures in Indonesia are key business risks with potential to impact margins by 4-5%.
Geographic Concentration Risk
Revenue is well-distributed across India, Indonesia, and Africa, reducing reliance on any single region.
Third Party Dependencies
Dependency on contractual labor and suppliers for manufacturing operations.
Technology Obsolescence Risk
The company is mitigating technology risks by acquiring digital-first brands like Muuchstac to capture online market share.
Credit & Counterparty Risk
Strong liquidity with cash and equivalents of ~INR 3,800 Cr as of September 2024 supports receivables quality.
