Cigarette and Tobacco Products Company Godfrey Phillips India Limited There is tremendous selling pressure in the shares on January 1. The stock fell 15.4 percent from its previous closing price to a low of Rs 2335 on BSE. The stock has seen such a huge fall in a single day for the first time in 22 months. This is because the central government has imposed excise duty on cigarettes. This duty will be levied in the range of Rs 2050 to Rs 8500 per thousand sticks depending on the length of the product.
It will come into effect from 1 February 2026. The Finance Ministry issued an order regarding this late on Wednesday night. In December 2025, the Center had approved a new law ‘Central Excise (Amendment) Bill 2025’. The excise duty will replace the temporary tax imposed on cigarettes and tobacco products. The Finance Ministry’s statement on Wednesday said that in addition to the existing 40 percent GST on cigarettes, excise duty will also be imposed from February 1. The government has also imposed a new cess on Pan Masala.
Godfrey Phillips India The stock fell 30 percent in 3 months
The market cap of the company has fallen to Rs 36800 crore. The stock has fallen 30 percent in 3 months. At the same time, it has increased by about 240 percent in 2 years. Promoters held 72.58 percent stake in the company by the end of September 2025. The face value of the share is Rs 2. Godfrey Phillips India has paid an interim dividend of Rs 17 per share for FY2026. The record date for this was 10 November 2025. Earlier, the company had given 2 new shares as bonus for every 1 share. The record date for this was 16 September 2025.
Financial health of the company
Godfrey Phillips India’s revenue on standalone basis in the July-September 2025 quarter stood at Rs 1,633.02 crore. Net profit was recorded at Rs 304.44 crore. Revenue on standalone basis in FY2025 was recorded at Rs 6,758.49 crore and net profit at Rs 1,043.20 crore. Apart from Godfrey Phillips, on Thursday, shares of another cigarette manufacturing company ITC also saw a decline of up to 9.5 percent.
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