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GODREJPROP - Godrej Propert.

📊 NSE: GODREJPROP 🏢 Construction 📅 Last Updated: 12/13/2025 22:28

📢 Recent Corporate Announcements

Godrej Properties Enters Coimbatore with 44-Acre Land Acquisition; ₹450 Cr Revenue Potential

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 13 Mar 2026, 05:44 AM

Godrej Properties has announced its entry into the Coimbatore market through the outright purchase of a 44-acre land parcel. The company plans to develop a premium plotted residential project with a developable potential of approximately 1.1 million sq. ft. This project is estimated to have a revenue potential of around INR 450 crore. The move aligns with Godrej's strategy to expand into high-potential growth cities and scale its plotted development portfolio across India.

Acquired ~44-acre land parcel in Coimbatore for a premium plotted residential project
Estimated developable potential of ~1.1 million sq. ft. with quality infrastructure
Projected revenue potential of approximately INR 450 crore from the development
Strategic entry into Coimbatore, marking geographic diversification into a new high-growth market
Focus on plotted developments which offer faster turnaround and high appreciation potential

💡 Investors should look favorably upon this expansion as it demonstrates the company's ability to enter new markets and scale its high-velocity plotted development segment. Monitor the project launch timelines and initial booking response as indicators of market reception in Coimbatore.

Godrej Properties Allots 1,397 Equity Shares Under ESOP Scheme

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 09 Mar 2026, 02:29 PM

Godrej Properties Limited has allotted 1,397 equity shares of face value Rs. 5 each to employees under its Employees Stock Grant Scheme, 2011. This allotment follows the exercise of stock grants by eligible employees during the specified exercise period. As a result, the company's paid-up equity share capital has increased to Rs. 1,50,60,38,705. The total number of outstanding equity shares now stands at 30,12,07,741. This is a routine administrative update with negligible impact on existing shareholders.

Allotment of 1,397 equity shares of face value Rs. 5 each under GPL ESGS 2011
Total paid-up capital increased to Rs. 1,50,60,38,705 from the previous level
Total number of equity shares post-allotment stands at 30,12,07,741
The allotment was approved by the Board's Allotment Committee on March 09, 2026

💡 No action is required from investors as this is a routine issuance of shares under an employee benefit scheme with minimal dilution.

Godrej Properties Wins 5-Acre Kolkata Land Bid with INR 1,650 Cr Revenue Potential

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 04 Mar 2026, 05:51 AM

Godrej Properties Limited (GPL) has won a bid for a prime 5-acre land parcel off EM Bypass in Kolkata through an e-auction conducted by WBHIDCO. The company plans to develop a premium residential project on this site with an estimated revenue potential of approximately INR 1,650 crore. This acquisition is strategically located near major commercial hubs and the upcoming Garia-Airport metro line, enhancing its marketability. This move aligns with GPL's strategy to deepen its presence in high-growth micro-markets across India's major cities.

Acquired ~5-acre land parcel in the premium EM Bypass micro-market of Kolkata via e-auction.
Projected revenue potential from the residential development is estimated at INR 1,650 crore.
Strategic location offers connectivity to Salt Lake, New Town, and the Netaji Subhas Chandra Bose International Airport.
GPL maintained its position as India's largest developer by residential sales value in FY 2025.

💡 Investors should look at this as a positive addition to the company's project pipeline, providing clear revenue visibility for the coming years. Monitor the project launch timeline and pre-sales velocity as key performance indicators for this specific asset.

Godrej Properties Wins 5-Acre Kolkata Land Bid with INR 1,650 Crore Revenue Potential

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 04 Mar 2026, 05:43 AM

Godrej Properties Limited (GPL) has successfully won a bid for a prime 5-acre land parcel in Kolkata's EM Bypass area through an e-auction by WBHIDCO. The company plans to develop a premium residential project on this site with an estimated revenue potential of approximately INR 1,650 crore. The location is highly strategic, offering excellent connectivity to IT hubs, Salt Lake, and the upcoming Garia-Airport metro line. This acquisition further strengthens GPL's portfolio in the Kolkata market and aligns with its strategy of securing high-value land in key urban micro-markets.

Acquired ~5-acre land parcel off EM Bypass, Kolkata, via WBHIDCO e-auction
Estimated revenue potential from the proposed premium residential project is ~INR 1,650 crore
Strategic location with proximity to Salt Lake, New Town, and the under-construction Garia-Airport metro
GPL remains India’s largest developer by residential sales value as of FY 2025

💡 Investors should view this as a positive step towards sustaining long-term revenue growth and expanding market share in East India. Monitor the project launch timeline and subsequent pre-sales figures to gauge execution efficiency.

Godrej Properties to Participate in IIFL Securities Investor Conference on Feb 25, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 19 Feb 2026, 05:22 PM

Godrej Properties Limited has scheduled an interaction with analysts and institutional investors on February 25, 2026. The engagement is part of an investor conference organized by IIFL Securities Ltd in Mumbai. The company will participate in both 1-on-1 and group meetings to discuss its business operations. Management intends to use the existing quarterly investor presentation already available in the public domain for these discussions.

Meeting scheduled for Wednesday, February 25, 2026, in Mumbai.
Event organized by IIFL Securities Ltd featuring 1-on-1 and group meeting formats.
Discussions will be based on the latest quarterly investor presentation already hosted on the company website.
Disclosure submitted in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

💡 No immediate action is required as this is a routine investor relations event. Investors may review the existing quarterly presentation to stay updated on the company's current projects and financial health.

Godrej Properties Q3 FY26: Net Profit Up 20%, Booking Value Surges 55% to INR 8,421 Cr

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 10 Feb 2026, 06:27 PM

Godrej Properties reported a strong Q3 FY26 with net profit rising 20% YoY to INR 195 crore and booking value growing 55% to INR 8,421 crore. For the 9-month period, the company has achieved 74% of its annual booking guidance and exceeded its business development target by 23%, adding projects worth INR 25,000 crore. Management highlighted that the company has doubled its market share to 4.8% over the last four years and remains the largest residential developer in India by bookings. While operating cash flow for 9M FY26 saw a slight decline due to a 66% increase in construction spending, a significant ramp-up in deliveries is expected in Q4.

Booking value for Q3 FY26 grew 55% YoY to INR 8,421 crore, driven by the sale of nearly 4,000 homes.
9M FY26 net profit reached INR 1,200 crore, an 18% increase compared to the previous year.
Business development exceeded annual guidance in just 9 months, adding 12 projects with INR 25,000 crore sales potential.
Collections for Q3 grew 40% YoY to INR 4,282 crore, with the company on track to meet its INR 21,000 crore annual target.
Market share doubled from 2.4% in CY21 to 4.8% in CY25, with top-two rankings in India's five leading real estate markets.

💡 Investors should take note of the strong booking momentum and aggressive land acquisitions which provide high revenue visibility for the coming years. The company's ability to maintain market leadership across multiple geographies makes it a robust play in the consolidating residential real estate sector.

Godrej Properties to Participate in Axis Capital Investor Conference on February 11

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 06 Feb 2026, 05:18 PM

Godrej Properties Limited has announced its participation in an investor conference organized by Axis Capital Limited on February 11, 2026. The event will take place in Mumbai and will include both 1-on-1 and group meetings with various analysts and institutional investors. The company intends to use its latest quarterly investor presentation, which is already available in the public domain. This is a standard regulatory disclosure under SEBI LODR Regulations to maintain transparency with stakeholders.

Investor conference scheduled for February 11, 2026, in Mumbai.
Organized by Axis Capital Limited featuring 1-on-1 and group meeting formats.
Company will present the latest quarterly investor presentation already hosted on its website.
Disclosure made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

💡 No immediate action is required as this is a routine investor relations update. Investors should monitor for any subsequent transcripts or management commentary that may emerge from these interactions.

Godrej Properties Releases Audio Recording of Q3 FY26 Earnings Conference Call

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Feb 2026, 06:56 PM

Godrej Properties Limited has officially released the audio recording of its earnings conference call held on February 05, 2026. This disclosure follows the company's financial results announcement for the quarter, providing transparency into management's discussion with analysts. The recording is accessible via the company's investor relations website for public review. This is a standard regulatory filing under SEBI (LODR) Regulations, 2015, ensuring all shareholders have access to the same information.

Audio recording of the earnings call held on February 05, 2026, is now available for public access.
The filing is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Investors can access the recording directly at the company's official website under the financials section.

💡 Investors should listen to the recording to gain insights into management's guidance on future project launches and sales targets. No immediate portfolio changes are necessary based on this procedural update.

Godrej Properties Q3 FY26 Booking Value Jumps 55% YoY to INR 8,421 Crore

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 05 Feb 2026, 01:48 PM

Godrej Properties reported its best-ever calendar year performance in 2025, with booking values reaching INR 34,171 crore, a 19% YoY growth. For Q3 FY26, booking value surged 55% YoY to INR 8,421 crore, driven by strong sales in MMR and the successful launch of Godrej Trilogy at Worli. The company has achieved 74% of its annual booking guidance and remains on track to exceed its FY26 target of INR 32,500 crore. Additionally, the firm maintains a strong liquidity position following a record INR 6,000 crore QIP in December 2024.

Q3 FY26 booking value grew 55% YoY to INR 8,421 crore through the sale of 3,973 homes.
CY25 collections rose 28% to INR 18,979 crore with operating cash flow increasing 20% to INR 7,246 crore.
Market share in Tier-1 cities doubled in four years to 4.8% in CY25.
Successfully raised INR 6,000 crore via QIP at INR 2,595 per share in December 2024.
Average borrowing cost remains industry-low at 7.25% with a credit rating of AA+/Stable.

💡 Investors should note the strong operational momentum and market share gains as indicators of sustained growth. The significant discount of the current stock price compared to the recent QIP price and analyst targets suggests a potential valuation re-rating.

Godrej Properties Q3 Net Profit Rises 20% to ₹195 Cr; Booking Value Surges 55% to ₹8,421 Cr

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 05 Feb 2026, 12:51 PM

Godrej Properties reported a strong operational performance for Q3 FY26, with booking values growing 55% YoY to ₹8,421 crore, marking its highest-ever third-quarter sales. While total income saw a 17% YoY decline to ₹1,020 crore, net profit increased by 20% to ₹195 crore, and EBITDA grew by 21%. The company has already achieved 123% of its annual business development guidance and 74% of its sales guidance for FY26. Notably, promoters increased their stake by 0.5% during the year, signaling strong internal confidence.

Booking value grew 55% YoY to ₹8,421 crore in Q3 FY26, the highest ever for a third quarter.
Net profit for 9M FY26 reached ₹1,200 crore, an 18% increase compared to the previous year.
Business development exceeded annual targets, adding projects worth ₹24,650 crore in 9 months (123% of guidance).
Collections grew 40% YoY to ₹4,282 crore in Q3, supporting a 73% growth in operating cash flow for the quarter.
Promoters increased their stake by 0.5% in FY26 YTD through open market purchases worth ₹300 crore.

💡 Investors should focus on the robust booking momentum and the company's ability to exceed business development targets, which secures future growth. The promoter stake increase and strong cash flow growth are significant positive signals for long-term holders.

Godrej Properties Q3 Standalone PAT Rises 73% YoY to ₹60.34 Cr; Revenue Up 45%

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 05 Feb 2026, 12:47 PM

Godrej Properties reported a standalone total income of ₹710.90 crore for Q3 FY26, marking a 21% growth compared to ₹585.41 crore in the same quarter last year. Standalone Profit After Tax (PAT) stood at ₹60.34 crore, a significant jump from ₹34.85 crore YoY, despite a one-time exceptional charge. The company recorded an exceptional item of ₹16.12 crore related to incremental employee benefit liabilities following the implementation of new Labour Codes. However, the Net Debt-to-Equity ratio has increased to 0.46, up from 0.24 a year ago, reflecting higher borrowing for project execution.

Standalone Revenue from operations grew 45% YoY to ₹268.48 crore in Q3 FY26.
Standalone PAT increased by 73% YoY to ₹60.34 crore despite an exceptional charge of ₹16.12 crore.
Net Debt-Equity ratio rose to 0.46 as of Dec 31, 2025, compared to 0.37 in the previous quarter.
Total standalone income for the nine-month period ended Dec 2025 reached ₹1,950.12 crore.
Adjusted EBITDA margin for the quarter remained healthy at 38.35%.

💡 Investors should view the strong standalone profit growth positively, but must monitor the rising leverage and the impact of the new Labour Codes on future margins. The stock remains a key play in the residential real estate sector, though consolidated project delivery timelines remain the primary driver for long-term value.

Godrej Properties Grants 152 ESOPs and Notes Lapse of 1,954 Stock Grants

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 05 Feb 2026, 10:53 AM

Godrej Properties Limited has announced the grant of 152 stock options to an eligible employee under its 2011 Employee Stock Grant Scheme. These options are priced at an exercise price of ₹5 per share and will vest over a period of three years. Simultaneously, the company noted the lapse of 1,954 stock grants previously issued to employees. Given the very small number of shares involved, this development has no material impact on the company's equity structure or financial performance.

Grant of 152 stock options to an eligible employee at an exercise price of ₹5 per share
Options follow a 3-year vesting schedule with a 1-month exercise window post-vesting
Lapse of 1,954 stock grants recorded due to employee exits or non-exercise
Each stock option entitles the holder to one equity share of face value ₹5
The meeting of the Nomination and Remuneration Committee concluded on February 05, 2026

💡 This is a routine administrative disclosure with negligible impact on share dilution. No action is required from investors based on this specific announcement.

Godrej Properties Sells Plots Worth Over ₹1,000 Crore in Panipat Project Launch

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 03 Feb 2026, 06:39 AM

Godrej Properties has successfully sold plots worth over ₹1,000 crore at its first project in Panipat, Evora Estate. Since its launch in December 2025, the company has sold more than 600 plots across 8 lakh square feet of saleable area. This achievement represents the company's most successful plotted development launch by sales value to date. The strong performance underscores the growing demand for premium residential plots in emerging North Indian markets like Panipat.

Sold over 600 plots worth more than ₹1,000 crore at Evora Estate, Panipat
Achieved sales of approximately 8 lakh square feet of saleable area since December 2025
Marks the company's most successful plotted development launch by sales value
The project spans 43 acres and represents the company's first entry into the Panipat market

💡 The strong sales momentum in a new market demonstrates brand strength and execution capability, which is a positive signal for growth. Investors should track the conversion of these bookings into revenue and cash flows in future earnings reports.

Godrej Properties sells homes worth over INR 2,000 crore at Godrej Trilogy, Worli

🟢 POSITIVE ⭐ 8/10

EXPANSION 📅 02 Feb 2026, 09:59 AM

Godrej Properties has achieved sales worth over INR 2,000 crore from its luxury project 'Godrej Trilogy' in Worli, Mumbai. Since the launch in November 2025, the developer has sold nearly 100 homes, representing a significant portion of the INR 3,500 crore inventory opened in Phase 1. This successful launch reinforces the company's leadership in the premium South Mumbai market and provides strong revenue visibility for the upcoming quarters. The project's IGBC Platinum pre-certification also highlights the company's continued focus on sustainable high-end developments.

Sold homes worth over INR 2,000 crore in Phase 1 of Godrej Trilogy, Worli
Nearly 100 luxury homes sold since the project launch in November 2025
Total inventory opened for the initial phase is valued at approximately INR 3,500 crore
Project features premium 3 and 4-bedroom residences across 2.63 acres
Godrej Properties retained its position as India’s largest developer by residential sales value in FY 2025

💡 The strong sales velocity in a high-ticket micro-market like Worli validates Godrej's premium brand pull and execution capability. Investors should remain positive on the stock as these bookings will significantly contribute to future revenue recognition and cash flows.

Godrej Properties Acquires 8.5-Acre Land in Pune with INR 2,000 Crore Revenue Potential

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 30 Jan 2026, 06:25 AM

Godrej Properties has acquired an 8.5-acre land parcel in the Mahalunge micro-market of Pune through an outright purchase. The project is expected to offer a developable potential of approximately 2.1 million square feet with an estimated revenue potential of INR 2,000 crore. This acquisition strengthens the company's presence in the Hinjewadi-Balewadi corridor, a major IT and BFSI hub. The strategic location near the upcoming Pune Inner Ring Road enhances the long-term value proposition of the development.

Acquisition of ~8.5-acre land parcel in Mahalunge, Pune via outright purchase
Estimated revenue potential of approximately INR 2,000 crore
Developable potential of ~2.1 million square feet primarily for group housing
Strategic proximity to Pune Inner Ring Road and major IT hubs like Hinjewadi and Baner
GPL remains India's largest developer by residential sales value as of FY 2025

💡 Investors should view this as a positive expansion of GPL's project pipeline in a high-demand residential corridor. Monitor the project launch timeline and pre-sales velocity as indicators of future cash flow realization.

View All GODREJPROP Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Standalone Revenue from Operations grew 46.5% YoY to INR 1,949.62 Cr in FY25. H1 FY26 Total Income grew 16% YoY to INR 3,460 Cr, primarily driven by residential sales momentum.

Geographic Revenue Split

In Q2 FY26, booking value was balanced across four key markets: Bangalore, Mumbai, NCR, and Hyderabad, each contributing over INR 1,500 Cr (approximately 17.6% each of the INR 8,505 Cr total).

Profitability Margins

Net profit margin improved from 16.6% in FY24 to 20.4% in FY25. Standalone Profit after Tax grew 79% YoY to INR 1,011.01 Cr in FY25.

EBITDA Margin

EBITDA margin was 28.8% in FY25, up from 27.4% in FY24. H1 FY26 EBITDA grew 45% YoY to INR 1,529 Cr.

Capital Expenditure

The company added projects with an expected booking value of over INR 20,000 Cr in FY25 and INR 16,250 Cr in H1 FY26 (81% of annual guidance).

Credit Rating & Borrowing

Godrej Properties maintains a credit rating of CRISIL AA+/Stable and ICRA AA+/Stable. Borrowing costs are influenced by parent support from Godrej Industries Ltd, which holds 44.77% equity.

⚙️ Operational Drivers

Raw Materials

Key inputs include construction materials (steel, cement, aggregates) and labor, though specific percentage breakdowns for each are not disclosed in available documents.

Capacity Expansion

Successfully delivered ~18.4 million sq. ft. in FY25. Added 15.06 million sq. ft. of saleable area in H1 FY26 to support future delivery targets.

Raw Material Costs

Raw material costs are managed through design standardization and advanced construction technologies to mitigate inflationary pressures.

Manufacturing Efficiency

Focus on design standardization and advanced construction technologies to improve delivery speed and quality across projects.

Logistics & Distribution

Marketing and distribution costs are expensed in the year of launch, which can temporarily impact margins during high-growth phases like Q2 FY26.

📈 Strategic Growth

Expected Growth Rate

10.40%

Growth Strategy

Growth will be achieved by focusing on top-tier markets (NCR, MMR, Bengaluru, Pune, Hyderabad), leveraging the Godrej brand for Joint Development Agreements (JDAs), and maintaining a robust project pipeline (INR 16,250 Cr added in H1 FY26).

Products & Services

Residential apartments (luxury and premium), plotted developments, and commercial real estate projects.

Brand Portfolio

Godrej Properties, Godrej Zenith, Godrej Miraya, Godrej Reserve, Godrej Avenue Eleven, Godrej Aristocrat, Godrej Tropical Isle, Godrej Regal Pavilion.

New Products/Services

New launches like Godrej Regal Pavilion in Hyderabad achieved INR 1,527 Cr in booking value, contributing significantly to the Q2 FY26 record performance.

Market Expansion

Strong entry into Hyderabad with INR 2,600 Cr sales in the current calendar year; expansion into Tier-2 cities via plotted developments.

Market Share & Ranking

India's largest developer by value of residential sales achieved in FY25.

Strategic Alliances

Joint Development Agreements (JDAs) and a Development Management agreement with Godrej & Boyce for lands in Vikhroli.

🌍 External Factors

Industry Trends

The industry is seeing a shift toward large organized developers with a focus on design, customer experience, and sustainability.

Competitive Landscape

Competes with other national and regional developers; currently leads the market in residential sales value.

Competitive Moat

Durable moat through a 128-year brand legacy, high trust (ranked among most trusted Indian brands), and exclusive development rights for Vikhroli land.

Macro Economic Sensitivity

Highly sensitive to interest rate cycles and the economic environment in India, which affects home loan affordability.

Consumer Behavior

Post-pandemic consumer shift toward larger homes, better amenities, and trusted developer brands.

Geopolitical Risks

Changes in the political and economic environment in India are cited as factors that could affect operations.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by RERA, pollution norms, and local building codes. Changes in tax laws or import duties are noted as potential risks.

Environmental Compliance

Commitment to sustainability and cutting-edge technology is central to the Godrej Industries Group philosophy.

Taxation Policy Impact

Effective tax rate for FY25 was approximately 20% based on PBT of INR 1,264.82 Cr and PAT of INR 1,011.01 Cr.

Legal Contingencies

Litigation is mentioned as a general business risk; specific pending case values in INR are not disclosed in the provided documents.

⚠️ Risk Analysis

Key Uncertainties

Accounting mismatches where marketing costs are expensed upfront while revenue is recognized years later; execution risk at a scale of 18.4 million sq. ft. deliveries.