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A TENACITY FOR PEOPLE-DRIVEN SUCCESS

Outlook Business

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July 2023

Empowering People, Driving Growth: The Inspiring Vision of Dr. Bina Modi

A TENACITY FOR PEOPLE-DRIVEN SUCCESS

Dr. Bina Modi has disrupted the business world ever since she broke the glass ceiling to start her first ever business venture at the age of 40. Even today, with a professional journey spanning over thirty decades, Dr. Modi continues to defy societal prejudices. She chairs the illustrious and diverse Modi Enterprises – KK Modi Group. As the Chairperson and Managing Director of the Group’s publicly listed flagship company, Godfrey Phillips India, she is among the handful of women chairpersons leading a Fortune 500 India company.

Penning the Group’s Growth Story

Under her fearless leadership, all businesses of the Group have registered double-digit growth. Dr. Modi is committed to excellence, driven by innovation and a legacy of caring for people. This unique combination of characteristics has become a proven catalyst for growth for the Group and delivers great value to all its stakeholders.

The Group’s FMCG giant, Godfrey Phillips India, has witnessed a record-breaking growth this year. Since Dr. Modi took over reigns of the company in 2019, the top line of Godfrey Phillips India (consolidated) grew at a CAGR of 13% and the Profit Before Tax grew at 20% CAGR in FY 19 to FY 23. Similarly, for Indofil Industries Limited, the Profit Before Tax grew at CAGR of 10% from FY 19 to FY 23 and during the same period, the short- and long-term bank borrowing of Indofil reduced by 58%. It is a tremendous achievement towards making the Company totally debt free.

KPIs for Success

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