Godfrey Phillips India makes cigarettes under brands including Four Square, Bristol and Red & White, and it runs a sizeable cigar and smokeless tobacco business, mostly sold through India's domestic distribution network. Its moat is the scale and brand recall of its mass-market cigarette franchises in a sector where pricing power is strong and excise hikes tend to push volume toward incumbents. The pressure point is volume: revenue fell 18.9% on the latest reported comparison, so the question for a PM is whether that is excise-driven trade-down that will reverse or a structural share loss. At 19.7x trailing and 15.4x forward earnings the stock is priced for a recovery in earnings that the 12.2% operating margin does not yet show, while a 43.6% gross margin indicates the brand economics are intact. This merits a deeper look at the volume and excise trajectory, not a conclusion on the price.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
Trades are only made public after a delay. We show the delay so you know how old the news is.
Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | ₹1740 | first publication | ₹1727 |
Answered from Godfrey Phillips India Limited fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| GODFRYPHLP.NS Godfrey Phillips India Limited | ₹1669.00 | - | - | 19.0x | - | 84 | 41 |
| TPB Turning Point Brands Inc. Common Stock | $66.87 | $45 | 48% above | 27.6x | 17.6% | 59 | 44 |
| UVV Universal Corporation Common Stock | $39.67 | $59 | 32% below | 51.7x | 2.3% | 34 | 33 |
| HAYPP.ST Haypp Group AB (publ) | kr 168.60 | kr 62 | 170% above | 690.4x | 1.1% | 34 | 49 |
| IMB.L Imperial Brands | £28.48 | £43 | 34% below | 13.4x | 37.1% | 68 | 61 |
| ITC.NS ITC | ₹258.90 | ₹182 | 42% above | 16.3x | 29.3% | 92 | 46 |
| 2914.T Japan Tobacco Inc. | ¥7481.00 | - | - | 21.7x | 14.3% | 79 | 80 |
Where GODFRYPHLP.NS ranks against its sector peers on each metric.