Godrej Industries Group

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Godrej Industries Group
Traded asBSE: 500164
NSE: GODREJIND
ISININE233A01035
IndustryConglomerate
Founded1963
HeadquartersMumbai, Maharashtra, India
Key people
Services
RevenueIncrease ₹15,064 crore (US$2.1 billion) (2022)[2]
Increase ₹1,081 crore (US$150 million) (2022)
Increase ₹707 crore (US$99 million) (2022)
Total assetsIncrease ₹34,047 crore (US$4.8 billion) (2022)
Total equityDecrease ₹7,126 crore (US$1.0 billion) (2022)
SubsidiariesGodrej Chemicals
Godrej Agrovet
Godrej Consumer Products
Godrej Properties
Godrej Capital
Websitewww.godrejindustries.com

Godrej Industries Group is an Indian conglomerate headquartered in Mumbai, with business interests across consumer goods, chemicals, real estate, agriculture, financial services, and investments.

The group traces its origins to the Godrej business founded in 1897 by Ardeshir Godrej, which later developed into the diversified Godrej Group.[3]

Godrej Industries Group comprises a portfolio of operating and investment companies, including Godrej Consumer Products, Godrej Properties, Godrej Agrovet, Godrej Industries (Chemicals), Godrej Fund Management, and Godrej Capital. Its businesses operate across Asia, Africa, and Latin America and serve over 1 billion consumers globally.

In 2024, the Godrej Group underwent a restructuring following a family settlement agreement between members of the Godrej family, resulting in the separation of business interests into two independent entities: Godrej Industries Group and Godrej Enterprises Group. [4]

History[edit | edit source]

The Godrej business was founded in 1897 by Ardeshir Godrej in Mumbai. The initial venture involved the manufacture of locks.[5]

In the early years of the business, the company developed indigenous manufacturing capabilities and introduced security products, safes, at a time when such products were largely imported into India. [5] [6]

In 1919, Ardeshir Godrej launched the world's first pure-vegetarian soap, made from vegetable oil extracts. [7] In the early decades of the 20th century, the business expanded into additional product categories.[6]

In 1951, the company was commissioned to manufacture ballot boxes for India’s first general election.[5] [8]

The group diversified into new sectors in the later decades. In 1990, Godrej Properties was established to expand into real estate, followed by the incorporation of Godrej Agrovet in 1991 for agribusiness operations.[9]

Businesses[edit | edit source]

Godrej Industries Group operates through a portfolio of businesses across sectors including agribusiness, real estate, chemicals, financial services, and investments. [10][11]

Godrej Agrovet Limited operates in the animal feed and agribusiness sectors.[12] Its subsidiary Astec Lifesciences operates in agrochemicals, and its joint venture, Godrej Tyson Foods, is engaged in processed poultry products. [10][11][12]

Godrej Properties Limited is engaged in real estate development, with residential and commercial projects across multiple Indian cities.[10][11][13]

Godrej Chemicals manufactures oleochemicals and related products used in industries including personal care, pharmaceuticals, and food.[10][11]

Godrej Capital Limited operates in the financial services sector, offering lending products including housing and personal loans.[11]

The group’s present lending operations, housed under Godrej Capital Limited, encompass Godrej Housing Finance Limited as well as Godrej Finance Limited, which is a Non-Banking Financial Company (NBFC).[14]

Godrej Consumer Products Limited (GCPL) is an Indian Multinational consumer goods company based in Mumbai, India. GCPL's products include soap, hair colourants, toiletries and liquid detergents. Its brands include 'Cinthol', 'Godrej Fair Glow', 'Godrej No.1' and 'Godrej Shikakai' in soaps, 'Godrej Powder Hair Dye', 'Renew', 'ColourSoft' in hair colourants and 'Ezee' liquid detergent.[15]

Godrej Ventures is the group’s real estate-focused investment platform, managing investments across real estate assets.[11]

Corporate structure[edit | edit source]

Godrej Industries Ltd., Godrej Properties Ltd., Godrej Agrovet Ltd., Godrej Consumer Products Ltd., and Godrej Capital Limited operate under the Godrej Industries Group.[16]

The group is chaired by Nadir Godrej and is controlled by Adi Godrej, and their immediate families.[17]

Pirojsha Godrej serves as Executive Vice Chairperson of Godrej Industries Group and is expected to succeed Nadir Godrej as Chairperson.[17]

The listed companies within the group operate as separate legal entities, with their own management and operational structures.[17]

The company announced plans to transfer its entire stake in Godrej Capital Limited to a wholly owned subsidiary, Godrej FS Limited, subject to shareholder approval, following its quarterly financial results.

Corporate social responsibility  [edit | edit source]

Godrej Industries Group undertakes its sustainability and social responsibility initiatives through programmes focused on environmental sustainability, resource efficiency, and community development.[18][19]

In 2011, Godrej Industries Group formalised its sustainability framework under the “Good & Green” initiative, which established targets related to emissions reduction, waste management, water conservation, and energy efficiency, along with social objectives including employment generation and public health interventions.[18]

The programme was subsequently expanded to include value chain initiatives involving suppliers, logistics, and consumers, with a focus on promoting sustainable practices beyond the organisation’s operations.[18]

It has committed to reducing absolute emissions in line with science-based targets and has set internal net-zero targets for 2035. It is also a signatory to global climate initiatives and has undertaken measures related to carbon reduction and resource efficiency.[18]

Godrej Industries Group has implemented water conservation programmes in multiple Indian states and reports returning more water to the environment than it withdraws.[18]

In 2025, Godrej Industries Group, in collaboration with the Brihanmumbai Municipal Corporation, the Bhamla Foundation, and the United Nations Environment Programme, launched the #BeatPlasticPollution campaign to address plastic waste and promote sustainable consumption practices.[19]

Godrej Consumer Products Limited joined hands with the Home Insect Control Association for an initiative that promotes the safe disposal of plastic waste.[20]

Corporate Governance  [edit | edit source]

The financial results are reviewed by the Audit Committee prior to approval by the Board.[21]

The company makes disclosures to stock exchanges, including BSE Limited and the National Stock Exchange of India Limited, in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.[21]

Regulatory filings are authorised by the Company Secretary and Compliance Officer.

Leadership[edit | edit source]

Adi Godrej is the Chairman Emeritus of the Godrej Industries Group.[22]

Nadir Godrej serves as Chairman and Managing Director of Godrej Industries Group.[23]

Pirojsha Godrej serves as Executive Vice Chairperson of Godrej Industries Group,  Executive Chairperson of Godrej Properties Limited, and Chairman Designate until Nadir Godrej retires when he turns 75. From 14th August 2026 Nadir Godrej will assume the role of Chairman Emeritus of the Godrej Industries Group.[24]

Tanya Dubash serves as Executive Director and Chief Brand Officer of Godrej Industries Limited.[25]

Nisaba Godrej serves as Executive Chairperson of Godrej Consumer Products Limited.[26]

Burjis Godrej serves as Executive Director of Godrej Agrovet and Managing Director of Astec LifeSciences.[27]

Karan Singh Bolaria serves as Director and Partner at Godrej Ventures and Investment Advisers Private Limited.[28]

Manish Shah serves as Managing Director of Godrej Capital.[29]

Vishal Sharma serves as Executive Director and Chief Executive Officer of Godrej Industries Limited (Chemicals).[30]

Sumit Mitra serves as Group Chief Human Resources Officer (CHRO) of Godrej Industries Group.[31]

Financial performance[edit | edit source]

For the financial year ended March 31, 2025 (FY25), Godrej Industries Group reported total revenue of ₹219,241 million.[32]

Profit after tax for FY25 stood at ₹18,582 million.[32]

Awards[edit | edit source]

Astec LifeSciences Limited, a subsidiary of Godrej Agrovet, was awarded the EcoVadis Gold Medal for sustainability and environmental, social and governance (ESG) performance, placing it among the top 5% of companies assessed globally. [33]

Godrej Industries Group was shortlisted at the SABRE Awards South Asia 2025 in the “Company of the Year” category for its campaign “From Stories to Leadership: Building Reputation the Godrej Way” [ 24] The group was also shortlisted in the “Corporate Image” category at the SABRE Awards South Asia 2025 for the same campaign.[34]

Godrej Consumer Products Limited, a subsidiary of Godrej Industries Group, was ranked first globally in the personal products category on the Dow Jones Best-in-Class Indices 2025, based on S&P Global’s Corporate Sustainability Assessment.[35]

Godrej Industries Group won eight awards, including seven golds, at the BW Marketing World Excel Awards 2024.[36]

Key people[edit | edit source]

  • Adi Godrej (Chairman Emeritus of the Godrej Group)[37]
  • Nadir Godrej (Chairperson and Managing Director of the Godrej Industries Group)[38]
  • Pirojsha Godrej (Executive Vice-Chairperson of the Godrej Industries Group)[39]
  • Nisaba Godrej (Executive Chairperson of Godrej Consumer Products Limited)[40]
  • Tanya Dubash (Chief Brand Officer and Executive Director of the Godrej Industries Group)[41]

References[edit | edit source]

  1. ↑ "Godrej Industries Group". Indiainfoline.com. 28 May 2010. Retrieved 20 July 2010.
  2. ↑ "BSE 2010 Data". bseindia.com. Retrieved 20 July 2010.
  3. ↑ team, dcf model. "Godrej Industries Limited: history, ownership, mission, how it works & makes money". AI-Powered Discounted Cash Flow Model Templates. Retrieved 1 April 2026.
  4. ↑ team, dcf model. "Godrej Industries Limited: history, ownership, mission, how it works & makes money". AI-Powered Discounted Cash Flow Model Templates. Retrieved 1 April 2026.
  5. ↑ 5.0 5.1 5.2 Standard, Business. "Godrej Group division: Here's a look at 127-year-old history of the company". www.business-standard.com. Archived from the original on 28 January 2026. Retrieved 18 April 2026. {{cite web}}: |first= has generic name (help)
  6. ↑ 6.0 6.1 "7". News 18.
  7. ↑ Traveller, Condé Nast (28 June 2020). "The original Made in India success story: a soap so good, even Tagore modelled for it". Condé Nast Traveller India. Retrieved 18 April 2026.
  8. ↑ "Swadeshi to ahimsa, locks to rockets: How Godrej won the nation's trust". Economic Times.
  9. ↑ "Rising Giants: Spotlighting Godrej Agrovet". Marcellus. Retrieved 18 April 2026.
  10. ↑ 10.0 10.1 10.2 10.3 "The planned split in the Godrej Group: What to expect - PrimeInvestor". 30 November 2021. Retrieved 18 April 2026.
  11. ↑ 11.0 11.1 11.2 11.3 11.4 11.5 Chettiar, Archana (6 May 2024). "Godrej Industries Split: 6 Things To Know As An Investor - Best Stock Market Blogs & Investment Insights | Equentis". Retrieved 18 April 2026.
  12. ↑ 12.0 12.1 "Godrej Agrovet", Wikipedia, 3 January 2026, retrieved 18 April 2026
  13. ↑ "Godrej Properties", Wikipedia, 26 January 2026, retrieved 18 April 2026
  14. ↑ Service, Statesman News (14 January 2026). "Godrej incorporates subsidiary to enhance its presence in financial services". The Statesman. Retrieved 18 April 2026.
  15. ↑ "Godrej Consumer Products", Wikipedia, 21 September 2025, retrieved 18 April 2026
  16. ↑ Sharma, Dipti (2 May 2024). "Godrej split: What it means for the group's listed companies | Stock Market News". mint. Retrieved 19 April 2026.
  17. ↑ 17.0 17.1 17.2 Mishra, Lalatendu (1 May 2024). "Godrej family announces ownership realignment, group splits into two". The Hindu. ISSN 0971-751X. Retrieved 19 April 2026.
  18. ↑ 18.0 18.1 18.2 18.3 18.4 "https://www.businessworld.in/article/godrej-industries-journey-towards-sustainable-excellence-489721". BW Businessworld. Retrieved 20 April 2026. {{cite web}}: External link in |title= (help)
  19. ↑ 19.0 19.1 "Godrej Industries Group, BMC, Bhamla Foundation Launch Awareness Campaign Against Plastic Pollution". The CSR Universe. Retrieved 20 April 2026.
  20. ↑ "GCPL and HICA join hands for an initiative to promote plastic waste disposal of household insecticide products". ANI News. Retrieved 20 April 2026.
  21. ↑ 21.0 21.1 "Rising Giants: Spotlighting Godrej Agrovet". Marcellus. Retrieved 20 April 2026.
  22. ↑ "ADI GODREJ | Latest News, Updates & Articles on ADI GODREJ". Outlook Business. Retrieved 21 April 2026.
  23. ↑ "Godrej Industries, the holding company of the Godrej Industries Group, has proposed an extension for its incumbent Chairman and Managing Director Nadir Godrej, ahead of a planned leadership transition later this year". Outlook Business. 23 February 2026. Retrieved 21 April 2026.
  24. ↑ Mishra, Lalatendu (13 April 2026). "Pirojsha Godrej to be new chairperson of Godrej Industries Group". The Hindu. ISSN 0971-751X. Retrieved 21 April 2026.
  25. ↑ Staff, e4m (10 March 2025). "Tanya Dubash: Steering the Godrej Group's strategies for 3 decades - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Retrieved 21 April 2026.{{cite web}}: CS1 maint: numeric names: authors list (link)
  26. ↑ "Ms. Nisaba Godrej | Mahindra". www.mahindra.com. 7 April 2026. Retrieved 21 April 2026.
  27. ↑ "Godrej Industries Group's "National Chemistry Day" charts out roadmap for Indian chemical industry". indianchemicalnews.com. Retrieved 21 April 2026.
  28. ↑ "Karan Singh Bolaria - Profile". The Company Check.
  29. ↑ Shah, Aarav (14 January 2026). "Godrej Industries Restructures Financials, Eyes Wealth Management Boom". Whalesbook. Retrieved 21 April 2026.
  30. ↑ "Godrej Industries Group's "National Chemistry Day" charts out roadmap for Indian chemical industry". indianchemicalnews.com. Retrieved 21 April 2026.
  31. ↑ www.ETHRWorld.com (22 September 2025). CHRO Club S2 Episode 9 | 128 Years of Godrej: A Lesson on Evolution, Values, and People-First Leadership #CHROClub | ETHRWorld. Retrieved 21 April 2026 – via hr.economictimes.indiatimes.com.
  32. ↑ 32.0 32.1 "GODREJ INDUSTRIES 2024-25 Annual Report Analysis".
  33. ↑ Hopkins, Matt (14 January 2026). "India: Astec LifeSciences Awarded EcoVadis Gold Medal for Exceptional Sustainability and ESG Performance". AgriBusiness Global. Retrieved 21 April 2026.
  34. ↑ "2025 SABRE South Asia Finalists". PRovoke Media. Retrieved 21 April 2026.
  35. ↑ "Godrej Consumer Products Named World's No.1 in Personal Products Sector on Dow Jones Best-in-Class Indices 2025". The Wire. Retrieved 21 April 2026.
  36. ↑ "Godrej Industries Group Shines At BW Excel Awards With 8 Wins, Including 7 Golds". BW Marketing World. Retrieved 21 April 2026.
  37. ↑ "ADI GODREJ | Latest News, Updates & Articles on ADI GODREJ". Outlook Business. Retrieved 21 April 2026.
  38. ↑ "Et Edge. conferences/family-business/speakers/nadir-godrej/". Et Edge.
  39. ↑ "Post-Covid surge stabilises: Godrej Properties executive chairperson says Indian housing market remains strong". The Times of India. 8 February 2026. ISSN 0971-8257. Retrieved 21 April 2026.
  40. ↑ "Ms. Nisaba Godrej | Mahindra". www.mahindra.com. 7 April 2026. Retrieved 21 April 2026.
  41. ↑ Staff, e4m (10 March 2025). "Tanya Dubash: Steering the Godrej Group's strategies for 3 decades - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Retrieved 21 April 2026.{{cite web}}: CS1 maint: numeric names: authors list (link)
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