Mumbai: Godrej Industries on Wednesday unveiled an ambitious five-year roadmap, targeting a market capitalisation of Rs 5 lakh crore by 2031. The plan is backed by the launch of two new publicly listed platforms and strong double-digit growth across its businesses.
Presenting the vision, Pirojsha Godrej, who will take over as group chairman in August this year, said the group is aiming for over 15% annual sales growth and more than 20% annual earnings per share growth. It also plans to maintain return on equity of over 18% in each business at a steady state.
The announcement coincided with the unveiling of a new brand identity, marking what the company described as a new phase following its 2024 restructuring.
The vision lays out key people and sustainability goals. The group is targeting employee engagement scores in the 85th percentile and aims to achieve 40% representation of women, LGBTQ, and persons with disabilities across its workforce by 2031.
On sustainability, the company is seeking global leadership in ESG benchmarks, including those defined by the Dow Jones Best-in-Class Sustainability Indices. It plans to achieve net-zero emissions across Scope 1 and 2 by 2035, transition to a 100% greener portfolio by 2031, and build responsible supply chains by 2047.
