Godfrey Phillips India (BOM:500163) ROE %: 33.57% (As of Mar. 2026) — 97% Above Median

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BOM:500163 Godfrey Phillips India Ltd BOM:500163
83 GF Score
Price ₹2,133.00
GF Value ₹2,383.81
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Godfrey Phillips India ROE %?

Godfrey Phillips India BOM:500163 +1.04% 83 ROE % is 33.57% as of Mar. 2026, which is 97% above its 10-year median of 17.06. GuruFocus rates BOM:500163 with a GF Score™ of 83/100 and a GF Value™ of ₹2,383.81 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 45 Tobacco Products companies, Godfrey Phillips India ranks better than 62.22% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Godfrey Phillips India's annualized net income for the quarter that ended in Mar. 2026 was ₹20,857 Mil. Godfrey Phillips India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹62,124 Mil. Therefore, Godfrey Phillips India's annualized ROE % for the quarter that ended in Mar. 2026 was 33.57%.

The historical rank and industry rank for Godfrey Phillips India's ROE % or its related term are showing as below:

BOM:500163' s ROE % Range Over the Past 10 Years
Min: 8.48   Med: 17.06   Max: 26.64
Current: 26.49

During the past 13 years, Godfrey Phillips India's highest ROE % was 26.64%. The lowest was 8.48%. And the median was 17.06%.

BOM:500163's ROE % is ranked better than
62.22% of 45 companies
in the Tobacco Products industry
Industry Median: 16.13 vs BOM:500163: 26.49

Godfrey Phillips India  (BOM:500163) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=20857.2/62124.4
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20857.2 / 71246.4)*(71246.4 / 83103.8)*(83103.8 / 62124.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.27 %*0.8573*1.3377
=ROA %*Equity Multiplier
=25.09 %*1.3377
=33.57 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=20857.2/62124.4
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (20857.2 / 26736) * (26736 / 20805.6) * (20805.6 / 71246.4) * (71246.4 / 83103.8) * (83103.8 / 62124.4)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7801 * 1.285 * 29.2 % * 0.8573 * 1.3377
=33.57 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Godfrey Phillips India ROE % Related Terms


Godfrey Phillips India ROE % Historical Data

* Premium members only.

The historical data trend for Godfrey Phillips India's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Godfrey Phillips India ROE % Chart

Godfrey Phillips India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.90 21.33 22.70 22.62 26.64

Godfrey Phillips India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.30 27.17 20.94 23.57 33.57

BOM:500163 vs PM, MO, TPB: ROE % Comparison

For the Tobacco subindustry, Godfrey Phillips India's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Godfrey Phillips India ROE % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Godfrey Phillips India's ROE % distribution charts can be found below:

* The bar in red indicates where Godfrey Phillips India's ROE % falls into.


BOM:500163
83GF Score
Godfrey Phillips India Ltd BOM:500163
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Godfrey Phillips India ROE % Calculation

Godfrey Phillips India's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=15260.6/( (52458.16+62124.4)/ 2 )
=15260.6/57291.28
=26.64 %

Godfrey Phillips India's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=20857.2/( (0+62124.4)/ 1 )
=20857.2/62124.4
=33.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 33.57% mean?
Godfrey Phillips India (BOM:500163) has a ROE % of 33.57% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Godfrey Phillips India and its competitors. This is 97% above median its historical median of 17.06. Over the past decade, Godfrey Phillips India's ROE % has ranged from 8.48 to 26.64. According to the industry distribution chart, Godfrey Phillips India ranks #17 out of 45 companies in the Tobacco Products industry, placing it in the top 37.8%.
Is Godfrey Phillips India's ROE % too high?
Godfrey Phillips India's current ROE % of 33.57% is 97% above median its 10-year median of 17.06. Over the past 10 years, this metric has ranged from a low of 8.48 to a high of 26.64. The Tobacco Products industry median ROE % is 16.13. Godfrey Phillips India's value of 33.57% is 108.1% above this industry median. Based on the distribution chart, Godfrey Phillips India ranks #17 out of 45 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Godfrey Phillips India has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Godfrey Phillips India's ROE % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Godfrey Phillips India ranks #17 out of 45 companies for ROE %. This puts Godfrey Phillips India in the upper half of its industry. The industry median ROE % is 16.13. Godfrey Phillips India's value of 33.57% is 108.1% above this benchmark. Historically, Godfrey Phillips India's own ROE % has ranged from 8.48 to 26.64 over the past decade. While the company's 10-year median is 17.06 vs. the industry median of 16.13, Godfrey Phillips India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Tobacco Products company?
The median ROE % among Tobacco Products companies is 16.13, based on 45 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Godfrey Phillips India's current ROE % of 33.57% is 108.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Godfrey Phillips India and its competitors. For the Tobacco Products industry, the median ROE % is 16.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godfrey Phillips India's current ROE % is 33.57%, which is 97% above median its own 10-year median of 17.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godfrey Phillips India stock overvalued right now?
Based on GuruFocus' analysis, Godfrey Phillips India (BOM:500163) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,383.81, compared to a current price of ₹2,133.00 — trading 10.5% below its estimated fair value. The current ROE % is 33.57%, which is 97% above median its 10-year median of 17.06 and 108.1% above the Tobacco Products industry median of 16.13. Godfrey Phillips India's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Godfrey Phillips India (BOM:500163), the current ROE % is 33.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Godfrey Phillips India (BOM:500163) Overvalued in 2026?

Based on GuruFocus' analysis, Godfrey Phillips India stock appears to be undervalued. The current stock price of ₹2,133.00 is trading 10.5% below its estimated GF Value™ of ₹2,383.81. GuruFocus considers Godfrey Phillips India to be Modestly Undervalued.

Key valuation signals for BOM:500163:

  • ROE %: 33.57% (97% above median its 10-year median of 17.06)
  • GF Value™: ₹2,383.81 vs. price of ₹2,133.00 (10.5% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 108.1% above the Tobacco Products median (#17 of 45)

No single metric tells the full story. See the BOM:500163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Godfrey Phillips India Business Description

Other Exchanges GODFRYPHLP:India
Address Omaxe Square, Plot No.14, Jasola District Centre, Jasola, New Delhi, IND, 110025
Godfrey Phillips India Ltd is a cigarette manufacturer that sells its products globally under brand names including Four Square, Red & White, Cavanders, Jaisalmer, Stellar, and Marlboro which it has a license to sell in India. Cigarette sales account for the vast majority of the total revenue, although the company also sells tea and other retail products. The company operates through three reportable segments: Cigarette, Tobacco, and Related Products and Related Products; and Others. The majority of the Godfrey Phillips sales are generated in India, but the company exports some of its cigarette brands and cuts tobacco.
83GF Score

Get the complete analysis for BOM:500163

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,133.00
Price
₹2,383.81
GF Value