Godfrey Phillips , a leading tobacco company, saw its shares surge to a 52-week high following robust quarterly results and the announcement of a bonus share issue.

Strong Q1 Performance

The company reported a significant 56% year-on-year increase in consolidated net profit for the first quarter. Net profit rose to Rs 356.28 crore, compared to Rs 228.55 crore in the corresponding period last year. Revenue from operations also showed impressive growth, increasing to Rs 1,813.26 crore from Rs 1,358.81 crore.

Bonus Share Issue

In a move that further boosted investor sentiment, Godfrey Phillips India's board approved a 2:1 bonus share issue. This means shareholders will receive two fully paid-up bonus shares for every existing share held, subject to necessary approvals.

Stock Performance

The company's shares have been on a remarkable uptrend, gaining 107% year-to-date and nearly 420% over the past two years. Following the announcement of Q1 results and the bonus issue, the stock surged 16.4% over two sessions, reaching a 52-week high of Rs 10,464.10.

Market Capitalization and Analyst Outlook

Godfrey Phillips India's market capitalization now stands at Rs 54,106.00 crore. Analysts maintain a positive outlook on the stock, with a consensus 'Buy' recommendation and an average target price of Rs 1,787.00, suggesting an 11% upside potential from current levels.

Investor Communication

In line with its commitment to transparency and shareholder engagement, Godfrey Phillips India has issued a communication to shareholders regarding Tax Deduction at Source (TDS) on dividends. The company has outlined the process and documentation required for claiming tax exemption or withholding tax at applicable rates on the proposed dividend, subject to shareholder approval at the upcoming Annual General Meeting on September 4.

Godfrey Phillips India , a leading cigarette manufacturer, has reported a robust financial performance for the first quarter, coupled with a significant corporate action announcement.

Strong Q1 Performance

The company's net profit for Q1 surged by 55.9% year-on-year to Rs 356.00 crore, compared to Rs 229.00 crore in the same quarter last year. This impressive growth was accompanied by a 36.5% increase in revenue, which reached Rs 1,486.00 crore, up from Rs 1,088.00 crore in the corresponding period.

Operational Metrics

Godfrey Phillips India's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a 25.1% increase, rising to Rs 338.00 crore from Rs 270.00 crore in the previous year. However, the EBITDA margin experienced a slight decline, moving from 24.8% to 22.7%.

Bonus Share Issuance

In a move that is likely to benefit shareholders, the company's board has approved the issuance of bonus shares in the ratio of 2:1. This means shareholders will receive two new fully paid-up bonus equity shares for every one existing fully paid-up equity share held.

Key Details of Bonus Issue

Capital Structure Changes

Post the bonus issue, the company's paid-up share capital will increase significantly:

Dividend Announcement

The board has also set Friday, 22nd August 2025, as the record date for the payment of the final dividend for FY 2024-25. The dividend, if approved at the upcoming 88th Annual General Meeting (AGM), will be paid within 30 days of the AGM.

Corporate Actions Timeline

• 88th AGM Date: Thursday, 4th September 2025
• AGM Mode: Video Conferencing / Other Audio-Visual Means
• Book Closure: 23rd August 2025 to 4th September 2025 (both days inclusive)

Conclusion

Godfrey Phillips India's strong Q1 performance, coupled with the announcement of a bonus share issue, reflects the company's robust financial health and its commitment to enhancing shareholder value. Investors will be keenly watching the upcoming AGM for further insights into the company's future strategies and dividend approval.

Note: All dates mentioned are for the year 2025 as per the provided information.