Godrej Industries up 33% this month, best in 17 years on value unlocking prospects

Godrej Industries up 33% this month, best in 17 years on value unlocking prospects


Shares of Godrej Industries Ltd. gained as much as 10% on Thursday, April 23, after the company outlined an ambitious five-year growth roadmap.

The company is targeting over 15% annual revenue growth and more than 20% EPS growth, while aiming to scale its market capitalisation to ₹5 lakh crore over the next five years.

 

Godrej Industries pointed to its strong portfolio of listed entities, including Godrej Properties, Godrej Consumer Products, and Godrej Agrovet.

It also plans to unlock value through the listing of Godrej Capital and Godrej Chemicals over the next five years.

The company said its listed entities will not require external funding from Godrej Industries, while it plans to invest ₹5,000-7,000 crore in its unlisted businesses over the next 3-5 years.

Pirojsha Godrej outlined key operational targets across businesses. Godrej Capital aims to scale its assets under management to ₹1 lakh crore from the current ₹27,000 crore.

Godrej Properties is targeting a doubling of market share to 10% and expects to turn free cash flow positive by FY28.

Meanwhile, Godrej Consumer Products is aiming for 10% volume growth over the medium term.



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