### **Overview** Godrej Industries Limited (GIL) is a diversified conglomerate and a part of the century-old Godrej Group, established in 1897. Headquartered at Godrej One, Vikhroli, Mumbai, the company operates across multiple high-growth sectors including **Chemicals, Agri Inputs, Property Development, Financial Services, Vegetable Oils, Dairy, Animal Feeds, and Estate Management**. Listed on the BSE and NSE, GIL has evolved into a sustainable, innovation-driven enterprise with a strong domestic and global footprint. The company's operations are anchored on the **"Good & Green" vision**, emphasizing environmentally responsible practices, sustainability, and customer-centric innovation. Over recent years, Godrej Industries has strategically diversified into growth-oriented sectors such as **financial services and specialty chemicals**, while reinforcing its leadership in traditional businesses. --- ### **Core Business Segments** #### **1. Chemicals Division** *Established in 1963*, the Chemicals Division is a leading Indian manufacturer of **oleochemicals, surfactants, specialty chemicals, and biotech products**, primarily derived from renewable vegetable oil feedstocks. The business is a pioneer in **green chemistry** and sustainable manufacturing. ##### **Manufacturing & Sustainability** - Operates **four manufacturing plants**: - **Ambernath** (Maharashtra) – Responsible Care certified - **Valia** (Gujarat) – GreenCo Platinum certified, recognized by JUSE (Japan) for 5S Workplace Management; awarded **GreenCo Star Performer** (CII, 2025) - **Dombivli** (Maharashtra) - **Goa** – Acquired in April 2025 for food additives - Both Valia and Ambernath facilities are **Kosher certified** and operate under **Responsible Care** and **5S standards**. - **Wind energy** is sourced via windmills in Maharashtra, supplied through power wheeling to the Ambernath plant, supporting energy sustainability. - Recognized as a **“Resilient Company”** in CII’s Climate Action Program 2.0 (2025) for climate risk preparedness. ##### **Product Portfolio & Performance (FY25)** - **Turnover**: ₹3,392–₹3,393 crore (26% YoY growth) - **Operating Profit (PBIT)**: ₹361 crore (42% YoY increase) - **Sales Volume**: Record **226,000 MT**, up 13% YoY - Oleochemicals: +14% - Surfactants: +11% - Specialty Chemicals: +13% ###### **Key Segments:** - **Surfactants (21% of division turnover)** - Core products: **SLES, SLS, AOS (Alpha Olefin Sulphonate)** from lauryl alcohol - AOS alone accounts for **41% of division turnover** - Serves **home & personal care, oil & gas, polymers, construction, and agrochemicals** - Achieved **11% volume growth**; has approvals from MNCS for global sourcing - **Specialty Chemicals (9% of division turnover)** - Includes emulsifying waxes, esters, biocides, secondary surfactants, ready blends - **13% volume growth**; key focus for expansion via **capacity building, acquisitions, and R&D** - **Biotech & Bio-surfactants (Early growth phase, high potential)** - Bio-surfactants (e.g., **Sophorolipids**) produced via fermentation of vegetable oils - Applications in **skincare, haircare, cosmetics, home care, agriculture, animal nutrition, and industrial uses** - Focus on commercializing **Sophorolipid-based products** and developing **probiotics/prebiotics** - **Innovation & R&D** - Driven by **Nadir Godrej Centre for Science, Technology and Applications Research (NGSTAR)** - Focus areas: **Enzymatic processes, fermentation, flow chemistry, ozonolysis, castor oil derivatives** - Strategy to shift batch processes to **continuous/green processes** within 5 years - Launched patented **anti-dandruff ingredient (Biogod)** and **polymeric quaternary compound** for hair care - Developing **green preservatives, sulphate-free surfactants**, and **bio-based alternatives** - **Acquisitions & Expansion (2025)** - Acquired **ethoxylation facility in Kheda, Gujarat** – enhances specialty chemicals portfolio - Acquired **food additives business with manufacturing plant in Goa (April 2025)** – strengthens presence in **food & beverages** segment - These moves support a strategic shift toward **high-value, value-added products (VAP)** ##### **Global Reach** - **Exports**: ₹960 crore in FY24–25 (**24% YoY growth**, ~33% of total sales) - Serves **over 80 countries** across home care, personal care, agrochemicals, pharma, oil & gas, lubricants, and polymers - Customer base: **MNCs, OEMs, trade partners, SMEs** --- #### **2. Agri & Agrovet (Godrej Agrovet Limited – GAVL)** A dominant player in India’s agricultural value chain: - **Largest oil palm processor in India**, directly working with **11,000+ farmers** - Strong presence in **herbicides**, both **in-house and in-licensed** - **Oil palm segment**: 32% YoY increase in Crude Palm Oil realization; 43% increase in Palm Kernel Oil realization - New initiatives: - Developing a **100 MTPD Palm Kernel Oil Refinery** for forward integration - Expanding distribution, launching new products via **in-house R&D and global collaborations** - **Animal Feed Business**: - 26% YoY growth in segment margins (despite flat volumes) - Focus on **digital initiatives** to enhance brand visibility in unorganized markets - Innovation in **high-value nutrition ingredients** using **Biogod and Glycerides** --- #### **3. Financial Services (Godrej Capital Limited – GCL)** Strategic move into financial services to diversify and unlock long-term value. - **GCL** serves as the **core investment NBFC** and holding entity for: - **Godrej Housing Finance Limited (GHFL)** - **Godrej Finance Limited (GFL)** ##### **FY25 Performance (as of Mar 31, 2025)** - **GHFL**: - AUM: ₹6,812 crore (up from ₹5,463 crore in FY24) - Loans Sanctioned: ₹3,465 crore - **GFL**: - AUM: ₹9,205 crore (up from ₹4,842 crore) - Loans Sanctioned: ₹6,547 crore ##### **Strategy** - Digital-first platform with **contactless loans, "Design Your EMI"**, and scalable tech infrastructure - Expansion into **affordable housing, unsecured loans**, and tier-2/3 cities - Grew from ₹45 crore AUM (2022) to over ₹9,200 crore by 2025 – **rapid scaling in NBFC space** - Dividend income: ₹240 crore (FY25), up from ₹118 crore (FY24) --- #### **4. Property Development (Godrej Properties Limited – GPL)** - **FY25 Record Bookings**: ₹29,444 crore (31% YoY growth) from 15,302 homes - Has achieved **8 consecutive years of booking growth** – a rare distinction - Added **₹26,450 crore in future booking potential** via new business developments - **Global Recognition**: - Ranked in **top 10%** of Real Estate & Development in **S&P Global Sustainability Yearbook 2025** - Included in **Dow Jones Emerging Markets Best-in-Class Index (2nd year)** - **GRESB #1** residential developer (3 years in a row) - Expanding beyond Mumbai, NCR, Bengaluru, Pune into **tier-2 cities** and plotted developments --- #### **5. Other Businesses** - **Vegetable Oils**: Operates a **100 TPD continuous refinery** producing edible oils, Vanaspati (zero trans fat), and pharma-grade oils; products marketed in **Mumbai, Maharashtra, Goa** - Certifications: **Kosher, Halal, ISO 22000:2018** - **Dairy (CDPL/GAVL)**: - Focus on **value-added products (VAPs)** with **3x3 strategy** targeting ₹1,000 crore in AP & Telangana - **Godrej Maxximilk**: In-vitro production of high-yield cows to empower dairy farmers - **Estate Management & Investments**: Manages legacy real estate assets and holds stakes in joint ventures (10 real estate JVs, equity method accounted) --- ### **Growth & Innovation Drivers** 1. **Shift to Value-Added & Green Products**: Expansion in **specialty chemicals, bio-surfactants, and green formulations** 2. **R&D Leadership**: NGSTAR center advancing **fermentation, enzymatic processes, and novel ingredient discovery** 3. **Sustainability Focus**: GreenCo Platinum, Responsible Care, carbon-lite manufacturing, renewables integration 4. **Strategic Acquisitions**: Goa (food additives), Kheda (ethoxylation) – enhancing product breadth 5. **Financial Services Diversification**: High-growth NBFC expansion under GCL 6. **Digital & Market Expansion**: Aggressive growth in tier-2 cities (real estate), digital lending, export push ---