GODREJ INDUSTRIES LTD
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BSE Code:
500164
NSE Code:
GODREJIND
Business Profile
Business Profile
Godrej Industries (GODREJIND), part of the Godrej group, is a diversified Indian company with business interests in chemicals, foods and beverages, property development, agri-products, household consumables and BPO. The company was incorporated on March 7, 1988.
The chemicals division manufactures more than 100 chemicals including oleochemicals like fatty acids, glycerine and fatty alcohols, and surfactants like alpha olefin sulphonate and refined glycerin. It has a strong distribution network in India and abroad and caters to industries like detergents, cosmetics, pharmaceuticals and plastics.
The animal feed segment includes feed for cattle, poultry and aquatic animals. Its food division specializes in edible oils, bakery fats and soft drinks. The main soft drinks brand is Jumpin, a range of fruit juices. The company also manufactures fruit nectars using the XS trade name, which is available in different flavors such as mango, lichee and guava.
The company has trading activities in medical diagnostic products, estate management and investment activities. The medical diagnostics division distributes diagnostic equipment and consumables to the medical community. The division has tie-ups with Becton Dickinson (USA), the Nichols Institute of Diagnostics and Snijders Analyser (Holland). The company also runs the corporate divisions of corporate finance, corporate affairs, corporate audit and assurance and research and development, which operate on behalf of the entire Godrej group.
The company has modern, integrated chemical factories at Valia in the Indian state of Gujarat, and at Vikhroli in suburban Mumbai. Its subsidiaries include Godrej Agrovet, Goldmohur Foods and Feeds, Golden Feed Products, Godrej Properties and Godrej International. The company's products are exported to over 40 countries in North and South America, Asia, Europe, Australia and Africa.
The registered office of the company is at Pirojshanagar Eastern Express Highway, Vikhroli (East), Mumbai-400079.
Financials
The company swung to a loss for the quarter ended in December 2008. Net sales for the quarter declined 6.19% to Rs 1,791.40 million, while total income for the quarter dipped 9.08% to Rs 1,843.3 million, when compared with the prior year period. It posted earnings of Rs 0.11 a share during the quarter, registering 0.00% decline over previous year period.
Recent Developments
03-APR-09
The company entered into partnership with the Indian Institute of Technology, Bombay (IIT-B) for a mega global initiative titled `Ten Great Ideas to change the world in the next 50 years`.