3. Introduction
Key people Adi Godrej (Chairman)
Jamshyd Godrej (Chairman)
Nadir Godrej (M.D.)
Products Real estate, FMCG, Industrial
engineering,Appliances,
Furniture, Security, Agri care, and
others
Revenue 21600 crore (US$3.3 billion)
Employees 26,000
Subsidiaries GCPL, Godrej InfotechLtd, Godrej
Industries Ltd, Godrej
Properties, Godrej Agrovet
Website www.godrej.com
4. Timeline
īą 1897 - Godrej is established in 1897
īą 1902 - Godrej makes its first Indian Safe
īą 1918 - Godrej Soaps Limited incorporated
īą 1961- Godrej Started Manufacturing Forklift Trucks in India
īą 1971- Godrej Agrovet Limited began as an Animal Feeds
division of Godrej Soaps
īą 1974 - Veg oils division in Wadala, Mumbai acquired
īą 1990 - Godrej Properties Limited, another subsidiary,
established
īą 1991 - Foods business started
īą 1994 - Transelektra Domestic Products acquired
īą 1995 - Transelektra forged a strategic alliance with Sara Lee
USA
īą 1999 - Transelektra renamed Godrej Sara Lee Limited and
incorporated Godrej Infotech Ltd.
5. īą 2001 - Godrej Consumer Products was formed as a result of the demerger
of Godrej Soaps Limited. Godrej Soaps renamed Godrej Industries Limited
īą 2002 - Godrej Tea Limited set up
īą 2003 - Entered the BPO solutions and services space with Godrej Global
Solutions Limited
īą 2004 - Godrej HiCare Limited set up to provide a Safe Healthy Environment
to customers by providing professional pest management services
īą 2006 - Foods business was merged with Godrej Tea and Godrej Tea
renamed Godrej Beverages & Foods Limited
īą 2007 - Godrej Beverages & Foods Limited formed a JV with The Hershey
Company of North America and the company was renamed Godrej Hershey
Foods & Beverages Limited
īą 2008 - Godrej relaunched itself with new colourful logo and a fresh identity
music
īą 2010 - Godrej launched GoJiyo a free, browser based 3D virtual world
īą 2011 - Godrej & Boyce shuts down its typewriter manufacturing plant, the
last in the world.
īą 2014 - Godrej kick-starts Masterbrand 2.0 â bigger & brighter; Launches
FreeG; Indiaâs first non-web based mobile browsing experience, 18 November
2014
6. Vision and Mission
ī¨ The vision is Godrej in every home and every workplace
ī¨ The mission is Enriching quality of life everyday
everywhere
ī¨ Mission statements are:
ī¤ Accelerate the growth of the Indian household
ī¤ Strengthen our leadership position in India
ī¤ Rapidly globalize our business
8. Management Chart
Name Position
A. B. Godrej Chairman
J. N. Godrej
N. B. Godrej Managing Director
S. A. Ahamdullah
A. B. Choudhury
V. M. Crishna
K. K. Dastur
K. M. Elavia
N. D. Forbes
T. A. Dubash Executive Director & Chief Brand
Officer
N. S. Nabar Executive Director & president
(Chemicals)
9. CSR
īļ Overall CSR Policyâs
ī¨ Their Corporate Environment Policy has identified biodiversity
enhancement as a centre point.
ī¨ The preservation of open spaces and specially green open spaces
such as mangroves.
ī¨ Godrej's entire campus, known as Pirojshanagar, is an industrial
garden township.
ī¨ Godrej strongly believes that this green environment increases
productivity and quality.
ī¨ Monitor and reduce the effect of dust and noise level in the
ambient air.
ī¨ Conserve key resources like water, fuel, energy and raw materials
such as wood derivatives, steel etc. by optimizing its use.
10. CSR
īļ Godrej Environment Policy
ī¨ Practice pollution prevention systems.
ī¨ Promote the usage of recyclable material.
ī¨ Dispose off inevitable waste in an environment friendly
manner.
ī¨ CSR Area:
ī¤ Environment
ī¤ Health Care
ī¤ Education
ī¤ Community Development
12. Organisation structure of Godrej
What is organisation structure?
âĸ An organisation is a collection of people, system and procedures which
are put together to earn profit.
âĸ An organisational structure defines how activities such as task
allocation, coordination and supervision are directed towards
achievement of organisational aim.
15. Godrej and Boyce Mfg Ltd
īˇ This is one of the largest industrial corporations in india.
īˇ Company owned by Godrej Group.
īˇ Godrej group started its journey with manufacture of high quality locks.
Consumer Products
īˇ GCPL is an indian consumer goods company based in Mumbai.
īˇ The GCPL products include soap,hair colourants,toiletries and liquid
detergents.
īˇ It brands include cinthol,godrej shikakai,hair dye etc.
16. Office automation
īˇ Office automation refer to the varied computer machinery and
software used to create,collect,store,manipulate and relay office
information needed for accomplishing basic task
īˇ Office automation helps in optimizing or automating existing
office procedure.
Godrej Commodities
īˇ The term commodity is specifically used for an economic good or
services.
īˇ When demand for it has no qualitative differentiation across
market
17. Godrej Infotech
īˇ Godrej infotech LTd is a software services and Consulting company.
īˇ Companyâs Headquarter is in Mumbai.
īˇ Godrej infotech, formerly division of godrej and Boyce Mfg.Co.Ltd.
Godrej infotech is a part of diversified Godrej group.
Godrej Singapore & Malaysia
īˇ These company manufactures and distributes desks shelving systems,
compact systems, security equipment, custom built steel
Fabrications.
23. Certificates
There are 3 certifications
1) BIFMA e3 2012 Furniture Sustainability
Standard
2) Greenguard
3) ISO 14001 : 2004
24. Certificates
Level : BIFMA e3 2012 Furniture Sustainability Standard
BIFMA levelÂŽ, is a multi-attribute sustainability standard and third-party certification program for the industry, it assesses the
environmental and social impact of a furniture product in a built environment while simultaneously taking into account a
companyâs processes, social actions, energy usage, material selection and human and ecosystem health impacts.
In August 2012 In its drive towards sustainability, Godrej Interio (GI) has crossed yet another milestone. It has attained BIFMA
levelÂŽ 2 Gold Certification for WISH, the popular system furniture range from Godrej Interio, making it the first in the Indian
furniture industry.
Hence, the BIFMA levelÂŽ 2 Gold certification is an endorsement for Godrej Interioâs larger sustainability practices with focus on
design for environment, human, ecosystem health management, life cycle assessment , GHG baseline and sustainability reporting.
25. Greenguard
The GREENGUARD Certification Program, developed and administered by the
GREENGUARD Environmental Institute (GEI), is an industry-independent, third-party testing
and certification program for products that emit low levels of volatile organic compounds
(VOCs), formaldehyde, aldehydes, respirable particles and other indoor air pollutants.
The GREENGUARD Environmental Institute was established in 2001, with the first product
becoming GREENGUARD Indoor Air Quality Certified in 2002. In 2005, GEI introduced the
GREENGUARD Children & Schools standard, the most stringent product emissions criteria to
date. The GREENGUARD Environmental Institute is currently developing a health-based
emission standard for residential, healthcare, educational and commercial environments.
26. ISO 14001 : 2004
It is an Environmental Standard has been developed by International Standards
Organization. It provides guidelines for Environment Management systems for those
environmental aspects which the organization has control and those over which it can
be expect to have an influence. Current version being used is ISO 14001:2004. An
EMS meeting the requirement of ISO 14001:2004 is a management tool enabling
organizations to:
37. Competition
ī¨ In soaps, LUX & LIFEBUOY - HUL and NIRMA.
ī¨ In hair colours, SUPERVASMOL, LâOreal &
GARNIER.
ī¨ In shaving creams, GILLETTE, PALMOLIVE & OLD
SPICE.
ī¨ In talcum powders, PONDS â HUL and DENIM.
ī¨ In liquid detergents, Ezee & Genteel of GCPL
competes with SAFEWASH âWIPRO and SURF
EXCEL- HUL.
38. SOME INTERESTING FACTS ABOUT
GODREJ
īļ Godrej touches the lives of 470 million
Indians everyday.
īļ 40% of Indian Population uses atleast one
Godrej products every single day..
īļ Godrej produce over 1 billion cakes of soaps
a year
īļ BusinessWeek lists GCPL amongst Asiaâs 100
fastest growing Companies.
39. īļ Three out of every four Indian banks are
secured by Godrej.
īļ Godrej sells one refrigerator every 30
seconds in India.
īļ Godrej & Boyce Mfg. Company â the last
manufacturers of typewriters in the world
īļ Godrej made the first 100% CFC free
refrigerators which start the go-green
revolution in industry.
45. Balance Sheet as at March 31, 2015
Current Year Previous Year
Equity and Liabilities
Shareholdersâ Funds
a) Share Capital 33.59 33.12
b) Reserves and Surplus 1,624.69 1,401.81
1,658.28 1,434.93
Non Current Liabilities
a) Long-Term Borrowings 1012.78 663.26
b) Deferred Tax
Liabilites (Net) 17.02 39.48
c) Long-Term Provisions 8.30 7.23
1038.10 709.97
Current Liabilities
a) Short-Term Borrowings 782.37 675.94
b) Trade Payables 397.13 553.49
c) Other Current Liabilities 317.63 193.01
d) Short-Term Provisions 77.26 73.05
1,574.39 1,495.49
TOTAL 4,270.77
Amount INR
Crore
46. Current Year Previous Year
Assets
Non-Current Assets
(a) Fixed Assets
i) Tangible Assets 647.13 613.85
ii) Intangible Assets 0.67 0.78
iii) Capital Work-in-Progress 666.96 382.00
1,314.76 996.63
(b) Non-Current Investments 2,377.78 2,048.26
(c) Long-Term Loans and Advances 52.96 65.75
(d) Other Non-Current Assets 0.10 -
3,745.60 3,110.64
Current Assets
a) Current Investments - -
(b) Inventories 166.34 232.17
(c) Trade Receivables 104.30 93.99
(d) Cash and Bank Balances 107.30 68.55
(e) Short-Term Loans and Advances 122.16 104.47
(f) Other Current Assets 25.07 30.57
525.17 529.75
4,270.77 3,640.39
47. Statement of Profit and Loss for the year ended March 31, 2015
Particulars Current Year Previous Year
Revenue from Operations (Gross) 1,547.79 1,543.79
Less: Excise Duty 93.15 90.24
1,454.64 1,453.55
Other Income 37.62 40.77
Total Revenue 1,492.26 1,494.32
Expenses
(a) Cost of Materials Consumed 942.41 984.40
(b) Purchases of Stock-in-Trade 3.39 3.70
(c) Changes in Inventory of Finished Goods,
Work-in- Progress and Stock-in-Trade
26.13 (53.62)
(d) Employee Benefits Expense 127.60 112.33
(e) Finance Costs 147.74 94.84
(f) Depreciation and Amortisation Expense 28.59 24.61
(g) Other Expenses 283.84 307.39
Total Expenses 1,559.70 1,473.65
Profit Before Exceptional Items and Tax (67.44) 20.67
Exceptional Items 199.61 104.21
Profit Before Tax 132.17 124.88
Amount INR
Crore
48. Particulars Current Year Previous
Year
Profit Before Tax 132.17 124.88
Tax Expense
a) Current Tax 4.23 0.09
b) Deferred Tax (20.87) 5.10
c) Adjustment for Tax of Previous Years
(net)
- -
Total Tax (16.64) 5.19
Profit for the Year 148.81 119.69
Continue by previous slideâĻ
Amount INR
Crore
49. Product Range and Revenue Percent
19%
19%
22%
9%
6%
25%
0%
Detergent
Personal Production
Beverages
Oils and Fats
Food
Soaps
Others
50. SHARE HOLDING PATTERN AS ON JUNE 30,
2015
Category Shares held
(nos.)
% of holding
Promoter holding 25,13,36,467 74.83
Institutional investors :
- Mutual funds & UTI 15,03,847 0.45
- Banks, financial institutional investors
& Insurance companies
1,02,40,875 3.05
- Foreign Institutional Investors 4,32,35,502 12.87
Others :
- Private corporate bodies 1,00,08,391 2.98
- Indian Public 1,83,82,153 5.47
- NRI/OCBs 11,82,533 0.35
Total 33,58,89,768 100.00
51. Share Price
BSE (SEPT. 09,
15:29)
365.00 +5.00 (1.39%)
PREV. CLOSE
360.00
OPEN PRICE
366.65
NSE (SEPT. 09,
16.01)
367.60 +6.15 (1.70%)
PREV. CLOSE
361.45
OPEN PRICE
370.00
52. Company at BSE for the year ended March 31, 2015
Month High Low Volume
C) C) (No. of Shares)
April 2014 334.80 297.80 5,08,736
May 2014 322.50 282.90 9,24,649
June 2014 367.00 298.00 37,68,483
July 2014 372.45 324.05 15,54,735
August 2014 348.55 321.25 9,50,073
September 2014 359.00 298.15 72,00,043
October 2014 311.50 274.95 8,14,847
November 2014 311.90 278.05 7,46,173
December 2014 303.60 261.60 7,48,943
January 2015 321.90 273.90 8,74,581
February 2015 336.95 286.20 15,95,607
March 2015 351.00 324.00 6,49,805
53. Month High Low Volume
C) C) (No. of Shares)
April 2014 334.80 297.60 46,34,150
May 2014 322.45 282.00 73,09,780
June 2014 368.00 297.55 1,79,54,677
July 2014 372.80 323.80 86,69,701
August 2014 349.00 321.10 73,62,360
September 2014 359.65 298.00 1,13,40,393
October 2014 309.70 274.20 71,58,031
November 2014 313.00 278.05 80,90,513
December 2014 303.55 261.50 85,17,974
January 2015 322.45 272.95 67,62,904
February 2015 340.00 285.15 1,15,91,416
March 2015 350.90 327.05 58,85,124
Company at NSE for the year ended March 31, 2015
55. Philosophy
ī¨ THE COMPANYâS PHILOSOPHY
The Company is a part of the Godrej Group
which has established a reputation for honesty
and integrity. The Companyâs philosophy of
corporate governance is to achieve business
excellence by enhancing the long-term welfare
of all its stakeholders. The Company believes
that corporate governance is about creating
organisations that succeed in the marketplace
with the right approach and values
56.
57. SEBI ACTIONS AGAINST COMPANY
Details of Non-compliance
There has not been any non-compliance by the
Company and no penalties or strictures were
imposed on the Company by the Stock
Exchanges or SEBI or any statutory authority,
on any
matter related to capital markets.
58. Employee Protection Policy
Whistle Blower Policy
With a view to establish a mechanism for protecting the employees reporting unethical
behaviour,
fraud, violation of Companyâs Code of Conduct, the Board of Directors has adopted a Whistle
Blower Policy. During the year 2014-15, no personnel has been denied access to the Audit
Committee.
Policy to Prevent Sexual Harassment at the work place
The Company is committed to creating and maintaining an atmosphere in which employees
can
work together, without fear of sexual harassment, exploitation or intimidation. Every employee
is made aware that the Company is strongly opposed to sexual harassment and that such
behaviour is prohibited both by law and by the Godrej group. The Company has formed an
Internal Complaints Committee headed by Ms. T.A. Dubash, Executive Director & Chief Brand
Officer, pursuant to the provisions of Sexual Harassment of Women at Workplace
(prevention,
Prohibition and Redressal) Act, 2013. While the Act is applicable only to the women
employees,
59. SCAMS
Godrej employee Gold Coin fraud 2010
The company used to buy gold coins to give it to retailers and
distributors as an incentive for sales.
âAmit Gaine, 51, former DGM (purchase), and his two associates,
Tushar Desai, 31, and Jitendra Saini, 32, for cheating,â Sunil
Deshmukh
Gaine had placed certain orders for gold illegally without any authority
and falsely projected himself as acting on behalf of the company.
He forged the signatures of a few of officials to create false
purchase orders.
GCPL has also filed a complaint against Gaine, who is now in custody
His services have been terminated.
60. SWOT ANALYSIS
STRENGTH
Leader among Indiaâs FMCG company.
Present in more than 60 countries.
Widespread distribution network in India.
Over 1300 full time employees.
61. SWOT ANALYSIS
WEAKNESS
Market share is limited due to other strong
FMCG.
Godrej product has stiff competition from big
domestic players & international brand.
64. Awards
īą BNHS Green GovernanceAward:2005 for conservation and restoration
of habitat.
īą InApril 2013 Godrej was awarded the Entrepreneur of theYear Award
atThe AsianAwards
īą He was awarded the Padma Bhushan, India's third highest civilian
award, in 2013.
īą He was awarded the prestigious Ernst &Young Entrepreneur of theYear
IndiaAward in February 2013.
65. Conclusion
ī¨ The philanthropic activities by the chairman Mr.ADI GODREJ and
other family members even before the word CSR was known has
made the Godrej group one of the most trusted business house
in India.
ī¨ The CSR activities continue from generation to generation.
ī¨ The CSR activities of Godrej are spread across all fields.
ī¨ They believe in action, than words.
ī¨ Equal Participation from Employees and Management.