Godfrey Phillips Share Price Down 65%? Know What's Causing The Drop

Godfrey Phillips Share Price: On September 16, 2025, shares of Godfrey Phillips appeared to trade significantly lower. The share price was down by over 65 per cent as the stock traded at Rs 3,501 apiece on the NSE. However, the change in the share price was not due to any other reason apart from the stock trading ex-bonus today.

The stock price shown on the exchanges indicates the price of the stock which has been adjusted for the issue of bonus shares. A bonus issue increases the number of shares in circulation on the market and reduces the company’s free reserves, in turn lowering the earnings per share (EPS).

Due to this adjustment, the stock price adjusts downward without any dilution of equity. Soon after market opened, Godfrey Phillips shares surged over 9 per cent to trade at an early high of Rs 3,720 apiece on the NSE. In early trade, Godfrey Phillips total market capitalisation stood at Rs 56,808.56 crore.

Godfrey Phillips Bonus Issue

Earlier on August 4, Godfrey Phillips India announced an issue of bonus shares. The bonus issue was announced in the 2:1 ratio. In a 2:1 bonus ratio, eligible shareholders of the company get two new fully paid-up equity shares for every one existing equity share they hold on the record date.

Godfrey Phillips had announced that September 16, 2025 is the record date for the issue of bonus shares. Thus, only shareholders who hold the stock on the record date are eligible to receive the bonus shares, and investors purchasing the stock on the record date and after the record date will not be eligible for the 2:1 bonus issue.

The tobacco products manufacturer had announced the issue of 103,987,840 bonus shares of the company each with a face value of Rs 2 per share, taking the post-issue share capital to 155,981,760 shares.

Companies announce bonus shares to reward investors, as the additional share they get is credited to them free of cost.

Notably, the stock has tumbled nearly 11 per cent from its adjusted 52-week high at Rs 3,816.85, it hit in August 2025. The stock has zoomed nearly 250 per cent from its adjusted 52-week low at Rs 1,370.30 hit on January 28, 2025.

Godfrey Phillips Bonus History

Godfrey Phillips has not made a bonus issue in recent years. Prior to its bonus issue in 2025, the company issued bonus shares in 1991 and 1992 in the 1:1 ratio.

Godfrey Phillips India Q1FY26 Results

Godfrey Phillips India’s consolidated total revenue from operations for Q1FY26 surged by 33 per cent to Rs 1,813.26 crore from Rs 1,358.81 crore in Q1FY25. Sequentially, Godfrey Phillips revenue from operations fell by nearly 4 per cent from Rs 1,887.79 crore in Q4FY25.

Godfrey Phillips’ consolidated profit-after-tax (PAT) for Q1FY26 surged by nearly 56 per cent to Rs 356.28 crore compared to Rs 228.55 crore in the corresponding quarter of the preceding fiscal. On a quarter-on-quarter (q-o-q) basis, Godfrey Phillips India’s PAT has grown by over 27 per cent to Rs 279.61 crore.

At the time of writing, shares of Godfrey Phillips India were trading at Rs 3,655 apiece, up by 7.18 per cent on the NSE.