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HomeSHARE MARKET600 Crore Investment Deal In Front of Chief Minister; Massive Return Possible

600 Crore Investment Deal In Front of Chief Minister; Massive Return Possible

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Godrej Industries (NSE: GODREJIND) has today made a statement related to investment in Gujarat. The company has said that it has signed a Memorandum of Understanding with the Gujarat Government.

The company announced this announcement right following the close of the market. The company has informed that it can invest Rs 600 crore in Gujarat in the next 4 years. 

This investment can be made in Wallia where the company already has a manufacturing facility.

What Information Has The Company Given?

According to the information sent to the stock exchange, Godrej Industries Limited (Chemical Division) has signed a non-binding MoU with the Government of Gujarat. 

According to the experts, the company can make an investment plan of Rs 600 crore for expansion in Walia in the next 4 years.

This will employ many people. These signings were done in the presence of Gujarat Chief Minister Bhupendra Patel.

With this agreement, the way will be paved for expansion in the Walia manufacturing facility located in the Bharuch district of Gujarat.

In this facility, many chemical products are made from organic materials which are used in personal care, pharma, and food industries.

Godrej Industries’ stock closed at Rs 845.8 with a gain of 2.7 percent in Friday’s trade.

Companies In Line To Invest In Gujarat

Next week itself, an investor summit is going to be held in Gujarat once every two years. 

According to the news, the government is talking to many foreign companies manufacturing semiconductors. There could be an announcement about this during the summit.

Before the start of the summit, Torrent Power also signed 4 MoUs with the Gujarat government for investment of more than Rs 47 thousand crore.

DCM Shriram has also signed an MoU for investment of Rs 12 thousand crores.

About Godrej Industries Ltd

The company manufactures and markets surfactants of esters, fatty acids and waxes. 

It also manufactures and markets compounds for feed for poultry, cattle, shrimp and fish processing, trading and distribution of refined vegetable oils and vanaspati, oil palm plantation operations and the development of, sales, leasing and licensing for real property.  

the company is involved in investments and finance activities, which include housing finance, processing of products made from milk, and integrated cattle, poultry breeding, agricultural inputs and seed companies and the production of energy by windmills.

In addition, it offers hair treatments, home care, and personal products. The company also offers loans to businesses, against plot, property and a home loan.

Fundamental Analysis of Godrej Industries Ltd

Market Cap₹ 28,321 Cr.
Current Price₹ 841
52-wk High₹ 854
52-wk Low₹ 395
Stock P/E32.2
Book Value₹ 244
Dividend0.00 %
ROCE7.81 %
ROE11.2 %
Face Value₹ 1.00
P/B Value3.44
OPM8.64 %
EPS₹ 26.1
Debt₹ 25,272 Cr.
Debt to Equity3.07

Godrej Industries Ltd Shareholding Pattern

Promoters Holding
Sept 202267.17%
Dec 202267.17%
Mar 202367.17%
June 202367.17%
Sept 202367.16%
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FII Holding
Sept 20228.96%
Dec 20229.79%
Mar 202310.41%
June 202310.76%
Sept 202310.39%
DII Holding
Sept 20223.00%
Dec 20222.82%
Mar 20232.13%
June 20231.84%
Sept 20232.34%
Public Holding
Sept 202220.86%
Dec 202220.22%
Mar 202320.28%
June 202320.23%
Sept 202320.12%
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Godrej Industries Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹10,848 Cr
2020₹11,291 Cr
2021₹9,334 Cr
2022₹14,130 Cr
2023₹17,138 Cr

Last 5 Years’ Net Profit:

2019₹864 Cr
2020₹812 Cr
2021₹391 Cr
2022₹992 Cr
2023₹1,400 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.57
20201.15
20211.29
20222.03
20232.44
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Last 10 Years’ Profit Growth:

10 Years:11%
5 Years:30%
3 Years:19%
Current Year:14%

Last 10 years’ Return on Equity (ROE):

10 Years:9%
5 Years:9%
3 Years:8%
Last Year:11%

Last 10 Years’ Sales Growth:

10 Years:9%
5 Years:13%
3 Years:14%
Current Year:7%

Company’s Positive Signs:

  • The company has made a profits increase of 30.4 CAGR in the past 5 years.
  • The days of debtors have decreased by a factor of 45.2 up to 32.7 days.

Company’s Negative Signs:

  • The stock is trading at 3.44 times the book value.
  • Although the company reports multiple profits, it’s not paying dividends.
  • The company has a very low return on equity, which is 8.47 percent over the last three years.
  • Earnings include an additional revenue that is Rs.1,784 Cr.

Conclusion

This article is a complete guide about Godrej Industries Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you for your further investment. 

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Also Read: Dividend Share For Eligible Investors; Date- 12 January 2024; Profit ₹8 Per Share

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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