Sign in to fuzzto save your conversations, follow your research and come back anytime.

Godfrey Phillips India (GPIL) is an FMCG company founded in 1936. It primarily manufactures and trades cigarettes, tobacco products, and chewing products. The company also engages in retail operations, vaping product distribution, securities acquisition, and real estate development. GPIL produces several cigarette brands including Four Square, Red and White, and Cavanders, and manufactures Marlboro under license. The company operates the 24Seven convenience store chain with outlets across multiple Indian states. GPIL has diversified into chewing products, confectionery, and previously operated in the tea business. The company has seven subsidiaries and three associate companies, and serves both B2B and retail customers.
In the news

ITC shares rise 2% despite Q1 profit decline amid tax hikes

Godfrey Phillips India Ends 6-Day Rally, Down 1.5% on Profit Booking

Godfrey Phillips India shares gain 2.13% to ₹2,295 on strong growth

Godfrey Phillips shares tumble 7% as Q1 profit tumbles 44% to ₹198 cr

5 Stocks to Buy: KIMS, Endurance, Kalpataru, Godfrey Phillips

Godfrey Phillips shares fall 6% despite strong Q4 results, ₹3 dividend

Godfrey Phillips shares drop 4.5% despite strong Q4 results

Godfrey Phillips Q4 profit jumps 86% to ₹521.46 crore

Godfrey Phillips India Q4 profit surges 86.71% to ₹521.46 cr

Godfrey Phillips shares fall 11% after 31% three-day rally

Godfrey Phillips shares surge 25% in February on price hikes

Cigarette stocks surge up to 15% on price hike reports

Centre revamps tobacco taxation, brings back excise and resets GST rates from Feb 1, 2026

ITC shares crash 10% as Nuvama downgrades on 20% price hike fears

Cigarette Tax Hike: Experts Warn of Illicit Trade Surge
The Quarter story
The two most recent quarterly results, compared side-by-side.
Sales and revenue keep growing, but heavy excise duties and pricing pressure are squeezing profit margins.
Gross Revenue grew from ₹1,813 Cr to ₹3,820 Cr from Q1 FY26 to Q1 FY27, demonstrating robust top-line expansion.
EBITDA Margin fell from 8.3% to 3.2% from Q1 FY26 to Q1 FY27, reflecting severe profitability pressure.
Employee Benefits Margin fell from 2.8% to 1.4% from Q1 FY26 to Q1 FY27, confirming sustained labor cost efficiency.
Excise Duty surged from ₹327 Cr to ₹2,614 Cr from Q1 FY26 to Q1 FY27, acting as a major drag on margins.
Other Expenses Margin dropped from 4.3% to 3.2% from Q1 FY26 to Q1 FY27, showing improved discretionary spending control.
Gross Profit Margin dropped from 15.3% to 7.8% from Q1 FY26 to Q1 FY27, warning of pricing and cost pressures.
Gross Sales Value rose from ₹4,094 Cr to ₹5,676 Cr from Q1 FY26 to Q1 FY27, validating steady market demand.
Tobacco Volume eased from 1,903 units to 1,866 units from Q1 FY26 to Q1 FY27, suggesting seasonal consumption pullback.