Integrated Filing — IndAS



General information about company

Scrip Code 500163
NSE Symbol GODFRYPHLP
MSEI Symbol NOTLISTED
ISIN INE260B01028
Name of company GODFREY PHILLIPS INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 15-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 15-05-2026   14:45:00
End date and time of board meeting 15-05-2026   16:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,48,554.00 9,12,094.00
Other income 4,633.00 20,479.00
Total income 3,53,187.00 9,32,573.00
2 Expenses
(a) Cost of materials consumed 47,118.00 1,89,243.00
(b) Purchases of stock-in-trade 73,276.00 1,90,061.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (32,433.00) (25,051.00)
(d) Employee benefit expense 11,093.00 45,341.00
(e) Finance costs 302.00 1,174.00
(f) Depreciation, depletion and amortisation expense 3,261.00 12,095.00
(f) Other Expenses
1 Excise Duty 1,69,827.00 2,72,983.00
2 Other Expenses 24,398.00 81,053.00
Total other expenses 1,94,225.00 3,54,036.00
Total expenses 2,96,842.00 7,66,899.00
3 Total profit before exceptional items and tax 56,345.00 1,65,674.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 56,345.00 1,65,674.00
6 Tax expense
7 Current tax 14,530.00 39,793.00
8 Deferred tax 234.00 1,661.00
9 Total tax expenses 14,764.00 41,454.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 41,581.00 1,24,220.00
12 Profit (loss) from discontinued operations before tax 94.00 94.00
13 Tax expense of discontinued operations 24.00 24.00
14 Net profit (loss) from discontinued operation after tax 70.00 70.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 10,495.00 28,312.00
16 Total profit (loss) for period 52,146.00 1,52,602.00
17 Other comprehensive income net of taxes (10,148.00) (448.00)
18 Total Comprehensive Income for the period 41,998.00 1,52,154.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 52,153.00 1,52,606.00
Total profit or loss, attributable to non-controlling interests 3.00 (4.00)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 41,995.00 1,52,158.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 3.00 (4.00)
21 Details of equity share capital
Paid-up equity share capital 3,120.00 3,120.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 6,18,124.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 33.39 97.8
Diluted earnings (loss) per share from continuing operations 33.39 97.8
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.04 0.04
Diluted earnings (loss) per share from discontinued operations 0.04 0.04
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 33.43 97.84
Diluted earnings (loss) per share from continuing and discontinued operations 33.43 97.84
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to audited consolidated financial results: 1. The above results are as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended and have been taken on record by the Board of Directors at its meeting held on May 15, 2026 after being reviewed by the Audit Committee. 2. These financial results have been prepared in accordance with the requirements of Indian Accounting Standards (Ind AS) as prescribed under section 133 of Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended. 3. The figures for the quarter ended 31.03.2026 and the corresponding quarter ended 31.03.2025 are the balancing figures between the audited figures in respect of full financial year and the published year to date figures upto the third quarter of the respective financial years. 4. During the quarter ended September 30, 2025, 103,987,840 equity shares were allotted by the Holding Company on the record date of September 16, 2025 as fully paid up bonus equity shares in the proportion of 2 bonus equity shares of Rs.2 each for every 1 fully paid up equity share of Rs.2 each by capitalizing General Reserves. In accordance with the ‘Ind AS 33 – Earnings per Share’, the figures of Earnings Per Share for all the previous periods presented in these financial results have been restated to give effect to the allotment of the bonus shares. 5. The Board of Directors of the Holding Company, during the previous year had decided to exit from carrying out the business operations of its Retail Business Division being operated under the name 24Seven. Pursuant to which the Group had closed the operations of the said division during the quarter ended March 31, 2025. Consequently, the said retail business was classified as discontinued operations in accordance with Ind AS 105 Non-Current Assets Held for Sale and Discontinued Operations” and no longer considered as a separate segment. 6. With effect from February 01, 2026, the Government of India has revised the indirect tax structure on cigarettes by reducing compensation cess to Nil and simultaneously increasing GST and excise duty. Consequent to such amendments, the composition of indirect taxes included in revenue from contract with customers, excise duty expense and inventory valuation has a significant change. Accordingly, the amounts of revenue from contract with customers and excise duty for the quarter and year ended March 31, 2026 and value of inventory as at March 31, 2026 are not comparable with those of previous periods. 7. On October 10, 2025, a fire broke out in the tobacco processing plant and inventory warehouse operated by a third-party, located at District Prakasam in Andhra Pradesh. The Holding Company has filed a claim with the insurance company against the loss of inventories and input tax credits aggregating to Rs.28,436 lakhs besides additional claim of loss of profit. The said claim is pending final assessment however, the Group expects to fully recover its losses. Operations have since resumed at the said tobacco processing plant. 8. On November 21, 2025, the Government of India notified four new Labour Codes (the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code,2020) consolidating 29 existing labour laws. The incremental impact of these changes, as assessed by the Group is not material and has been recognised in the consolidated statement of profit and loss during the year ended March 31, 2026. The Group continues to monitor the finalization of Central/ State Rules and clarifications from the Government on other aspects of the Labour Codes and would provide appropriate accounting effect as and when such clarifications are issued/rules are notified. 9. The Board of Directors of the Company have recommended Final Dividend of Rs.33 per equity share of Rs 2 each for the financial year 2025-26. Further, the Board of Directors at its meeting held on November 03, 2025 declared an Interim Dividend of Rs.17 per equity share of Rs 2 each for the financial year 2025-26, which has been subsequently paid, thus, the total dividend for the financial year 2025-26 amounts to Rs.50 per equity share of Rs 2 each.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 65,280.00
Capital work-in-progress 16,783.00
Investment property 3,877.00
Goodwill 0.00
Other intangible assets 763.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 2,73,329.00
Trade receivables, non-current 0.00
Loans, non-current 1,682.00
Other non-current financial assets
1 Other non-current financial assets 858.00
Total of other non-current financial assets 858.00
Total non-current financial assets 2,75,869.00
Deferred tax assets (net) 0.00
Other non-current assets
1 Right of use assets 11,283.00
2 Non - current Tax assets 2,613.00
3 Other non-current assets 12,737.00
Total of other non-current assets 26,633.00
Total non-current assets 3,89,205.00
2 Current assets
Inventories 2,26,435.00
Current financial asset
Current investments 56,577.00
Trade receivables, current 90,743.00
Cash and cash equivalents 329.00
Bank balance other than cash and cash equivalents 2,932.00
Loans, current 658.00
Other current financial assets
Total of other current financial assets 32,789.00
Total current financial assets 1,84,028.00
Current tax assets (net) 0.00
Other current assets
1 Other current assets 31,091.00
Total of other current assets 31,091.00
Total current assets 4,41,554.00
3 Non-current assets classified as held for sale 279.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 8,31,038.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,120.00
Other equity 6,18,124.00
Total equity attributable to owners of parent 6,21,244.00
Non controlling interest 664.00
Total equity 6,21,908.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 164.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Other non-current financial liabilities 95.00
2 Lease Liabilities 10,313.00
Total of other non-current financial liabilities 10,408.00
Total non-current financial liabilities 10,572.00
Provisions, non-current 0.00
Deferred tax liabilities (net) 15,475.00
Deferred government grants, Non-current
Other non-current liabilities
1 Employee Benefit Obligations 1,779.00
Total of other non-current liabilities 1,779.00
Total non-current liabilities 27,826.00
Current liabilities
Current financial liabilities
Borrowings, current 9,308.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 3,041.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 50,190.00
Total Trade payable 53,231.00
Other current financial liabilities
1 Lease Liabilties 3,583.00
2 Other current financial liabilities 32,072.00
Total of other current financial liabilities 35,655.00
Total current financial liabilities 98,194.00
Other current liabilities 81,664.00
1 Other current liabilities 80,379.00
2 Employee Benefit Obligations 1,285.00
Total of other current liabilities 81,664.00
Provisions, current 0.00
Current tax liabilities (Net) 1,282.00
Deferred government grants, Current 0.00
Total current liabilities 1,81,140.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 164.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 2,09,130.00
Total equity and liabilites 8,31,038.00
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) 4. During the quarter ended September 30, 2025, 103,987,840 equity shares were allotted by the Holding Company on the record date of September 16, 2025 as fully paid up bonus equity shares in the proportion of 2 bonus equity shares of Rs.2 each for every 1 fully paid up equity share of Rs.2 each by capitalizing General Reserves. In accordance with the ‘Ind AS 33 – Earnings per Share’, the figures of Earnings Per Share for all the previous periods presented in these financial results have been restated to give effect to the allotment of the bonus shares. 5. The Board of Directors of the Holding Company, during the previous year had decided to exit from carrying out the business operations of its Retail Business Division being operated under the name 24Seven. Pursuant to which the Group had closed the operations of the said division during the quarter ended March 31, 2025. Consequently, the said retail business was classified as discontinued operations in accordance with Ind AS 105 Non-Current Assets Held for Sale and Discontinued Operations” and no longer considered as a separate segment.



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Cigarettes, Tobacco and related Products 3,46,181.00 9,00,820.00
2 Others 2,373.00 11,274.00
Total Segment Revenue 3,48,554.00 9,12,094.00
Less: Inter segment revenue 0.00 0.00
Revenue from operations 3,48,554.00 9,12,094.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Cigarettes, Tobacco and related Products 54,672.00 1,48,029.00
2 Others (1,462.00) (276.00)
Total Profit before tax 53,210.00 1,47,753.00
i. Finance cost 33.00 133.00
ii. Other Unallocable Expenditure net off Unallocable income (13,663.00) (46,366.00)
Profit before tax 66,840.00 1,93,986.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Cigarettes, Tobacco and related Products 4,78,195.00 4,78,195.00
2 Others 92,621.00 92,621.00
Total Segment Asset 5,70,816.00 5,70,816.00
Un-allocable Assets 2,60,222.00 2,60,222.00
Net Segment Asset 8,31,038.00 8,31,038.00
4 Segment Liabilities
Segment Liabilities
1 Cigarettes, Tobacco and related Products 1,79,663.00 1,79,663.00
2 Others 1,413.00 1,413.00
Total Segment Liabilities 1,81,076.00 1,81,076.00
Un-allocable Liabilities 28,054.00 28,054.00
Net Segment Liabilities 2,09,130.00 2,09,130.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) 3. The figures for the quarter ended 31.03.2026 and the corresponding quarter ended 31.03.2025 are the balancing figures between the audited figures in respect of full financial year and the published year to date figures upto the third quarter of the respective financial years.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Gain/ (Loss) on remeasurements of the defined benefit/contribution plans 330.00 62.00
2 Changes in fair value of equity instruments through other comprehensive income (12,131.00) (578.00)
Total Amount of items that will not be reclassified to profit and loss (11,801.00) (516.00)
2 Income tax relating to items that will not be reclassified to profit or loss (1,653.00) (68.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (10,148.00) (448.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,65,674.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,138.00
Adjustments for decrease (increase) in inventories (53,302.00)
Adjustments for decrease (increase) in trade receivables, current (39,113.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (9,211.00)
Adjustments for decrease (increase) in other non-current assets (1,105.00)
Adjustments for other financial assets, non-current 518.00
Adjustments for other financial assets, current (1,097.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,999.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 4,581.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 12,095.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 615.00
Adjustments for provisions, non-current (559.00)
Adjustments for other financial liabilities, current 20,371.00
Adjustments for other financial liabilities, non-current (746.00)
Adjustments for unrealised foreign exchange losses gains 1,598.00
Adjustments for dividend income 0.00
Adjustments for interest income 1,380.00
Adjustments for share-based payments 3,005.00
Adjustments for fair value losses (gains) (7,904.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (7,092.00)
Other adjustments to reconcile profit (loss) 94.00
Other adjustments for non-cash items 558.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (74,937.00)
Net cash flows from (used in) operations 90,737.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 38,921.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 51,816.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 12,50,345.00
Other cash payments to acquire equity or debt instruments of other entities 12,43,750.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 890.00
Purchase of property, plant and equipment 31,219.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 25,841.00
Interest received 1,414.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (772.00)
Net cash flows from (used in) investing activities 2,749.00
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 3,216.00
Dividends paid 57,525.00
Interest paid 1,118.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (61,859.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (7,294.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (7,294.00)
Cash and cash equivalents cash flow statement at beginning of period (652.00)
Cash and cash equivalents cash flow statement at end of period (7,946.00)





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. Batliboi & Co. LLP Yes 31-07-2027