Godfrey Phillips slides 4.5% despite 86% Q4 profit jump as excise hike clouds outlook
Shares fell to Rs 2,314.80 even after Q4 FY26 net profit surged 86.5% YoY to Rs 521.46 cr and revenue climbed 84.6% to Rs 3,485.54 cr. The Feb 1 cigarette excise hike (Rs 2,050-8,500 per 1,000 sticks) is weighing on sentiment, with stock down 19.5% over six months. Analysts flag support at Rs 2,200-2,280.
What happened
Godfrey Phillips shares fell 4.45% to Rs 2,314.80 despite Q4 FY26 net profit jumping 86.5% YoY to Rs 521.46 cr and revenue rising 84.6%. Steep cigarette excise
Key facts
- Rs 2,314.80 share price
- -4.45% day
- -19.53% 6M
- Q4 net profit Rs 521.46 cr +86.5% YoY
- Q4 revenue Rs 3,485.54 cr +84.64% YoY
- excise Rs 2,050-8,500 per 1,000 sticks
Why this matters
Excise-driven sector compression may accelerate consolidation opportunities and bolt-on acquisitions in adjacent FMCG categories as tobacco majors diversify away from regulatory risk.