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.
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 hike effective Feb 1 weighs on outlook; analysts see support at Rs 2,200-2,280.
Why this matters
Despite a strong Q4 print with profit and revenue both up over 84% YoY, Godfrey Phillips shares remain under pressure as the Feb 1 cigarette excise hike clouds the FY26 outlook for India's tobacco majors.
Retail-company signals steady at 521 over the past 90 days.