Godrej Industries increases stake in Godrej Capital to 91.11% with ₹409 crore investment

Godrej Industries Ltd (GIL) on Thursday (October 16) said it has increased its stake in its subsidiary, Godrej Capital Limited (GCL), taking its holding from 90.89% to 91.11%. The move follows a rights issue by GCL, through which GIL acquired 22,107 fully paid-up equity shares of ₹10 each, amounting to a primary capital infusion of approximately ₹409 crore.

GCL, a core investment company, holds equity shares of Godrej Housing Finance Limited and Godrej Finance Ltd. The total paid-up share capital of GCL currently stands at ₹42.78 lakh, and its consolidated income for the financial year ended March 31, 2025, was ₹1,620.20 crore, showing robust growth over the past three years from ₹346.91 crore in FY23 and ₹889.14 crore in FY24.

The transaction, executed at arm’s length, falls within the overall investment limits approved by GIL’s shareholders under Section 186 of the Companies Act, 2013. GCL has been a subsidiary of GIL since March 25, 2021.

Q1 result

Meanwhile, GIL reported an 8.2% year-on-year rise in consolidated net profit to ₹349 crore for the quarter ended June 30, 2025, up from ₹322.5 crore in the same period last year. Revenue from operations grew 5% to ₹4,459 crore, while EBITDA jumped 18% to ₹395.5 crore. The operating margin improved to 8.9% from 7.9% a year ago, reflecting strong operational performance across its businesses.

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