Godrej Properties

NSE: GODREJPROPBSE: 533150
Compare with peers
₹ 1,587.00▲ 1.4 (+0.09%)28 Oct, 03:28 pm IST
Market cap
₹ 45,121 Cr.
P/E
33x
P/B
2.46x
52-week range
1,434 – 2,339
ROE
9%
ROCE
8%
Dividend yield
0.6%
Debt / equity
0.83
Sector
Realty
Industry
Residential, Commercial Projects
Listed on
NSE, BSE

About

Godrej Properties Limited is an India-based company, which is engaged in the business of real estate construction, development and other related activities. The Company operates through the Godrej brand. Its segments include Hospitality and Real Estate. It is engaged in residential and commercial property development. The Company’s land parcels are primarily located in four real estate markets in India: Mumbai Metropolitan Region (MMR), Pune, Bengaluru and the National Capital Region. Its projects include Godrej River Crest; Godrej Hillview Estate; Godrej Bayview; Godrej Gold County; Gale at Godrej Park World; Godrej Jardinia; Godrej Zenith; Godrej Vihaa; Godrej Avenue; Godrej Vrikshya; Godrej Jardinia Eleven; Godrej Woodland; Godrej Nest, and others. The Company is developing projects in approximately 12 cities across India, covering over 18.58 million square meters.

Quick check

The five things to look at first. Open one for more.

Godrej Properties against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)33 against a typical 23.3: pricier than most peers (1st = cheapest).109th of 173
  • Sales growth+161.5% against a typical +6.6% from a year earlier.21st of 134
  • Profit growth−64% against a typical +2.9% from a year earlier.82nd of 108
  • Share price, 3 months−26.5% against a typical −10.3%.133rd of 147
  • Size₹ 45,120.7 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).6th of 163

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactPositivePrice +0.1% so far today
    Record sustenance sales and collections keep Godrej on track for Rs 40000 cr+ bookings and a sharp FY28 profit rebound.

    Godrej Properties held its Q2 FY27 earnings call after reporting Q2 bookings of Rs 8,008 crore and first-half bookings of Rs 16,669 crore, with sustenance sales up 83% to Rs 5,054 crore. Collections rose 31% to Rs 5,318 crore in Q2 and operating cash flow rose 33% to Rs 1,584 crore, while reported profit fell 62% to Rs 154 crore due to back-ended deliveries and JV-exit adjustments. Management said it has Rs 32,000 crore of launches planned for the second half, expects Rs 15,000 crore collections and Rs 7,000 crore operating cash flow in H2, and targets positive free cash flow and 20% ROE in FY28.

    Filing
  • 26 Oct 2026Press ReleaseLow impactPositivePrice +1.9% that day
    Godrej reaffirms plan to deliver 4,000 Pune homes by FY27 while launching wellness-focused report and resort clubhouse.

    Godrej Properties unveiled the Pune edition of The Elevated Living Edit, saying wellness, nature and community now define luxury, with 74% seeking wellness amenities and 79% willing to invest in Pune again. The report was launched at Godrej Hill Retreat where it also opened a 1,400 sq m Eco-Resort themed clubhouse with over 25 amenities. Management said it is on track to deliver over 4,000 homes in Pune by end of FY27, reinforcing execution focus in a key market.

    Filing
  • 23 Oct 2026Outcome of Board MeetingHigh impactPositivePrice −4.4% that day
    Q2 revenue surged 161% YoY to Rs 1935 cr but PAT fell 64% on lower one-off gains, with strong advances supporting future growth.

    Godrej Properties reported Q2 FY27 consolidated revenue of Rs 1,935 crore, up 161% from Rs 740 crore last year, with half-year revenue of Rs 2,441 crore. Net profit for the quarter fell to Rs 145 crore from Rs 403 crore last year as last year's other income included large fair-value gains on joint ventures. Inventories and customer advances both rose sharply as construction and collections scaled up, supporting stronger operating momentum despite higher borrowings.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA+ by 2 agencies
AA+
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]AA+Stable2 Sep 2026
India RatingsIND AA+Stable26 Aug 2026
CRISILWithdrawn—6 Oct 2025
Credit rating actions
RatingDetails
2 Sep 2026
Reaffirmed
[ICRA]AA+—ICRA₹ 22,250 Cr.
26 Aug 2026
Reaffirmed
IND AA+—India Ratings₹ 8,500 Cr.
22 Jul 2026
Reaffirmed
IND AA+—India Ratings₹ 8,000 Cr.
21 Jul 2026
Reaffirmed
[ICRA]AA+—ICRA₹ 20,500 Cr.
17 Oct 2025
Rating action
[ICRA]AA+—ICRA₹ 19,800 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
23 Oct 2026Financial ResultsTo consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026.
4 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
4 May 2026Financial Results/Dividend/Fund RaisingTo consider and approve the financial results for the period ended March 31, 2026, dividend and Fund Raising
5 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
6 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
1 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025

Share price

1M change −4.96%
1 of 3 filing days came with a big price moveBiggest −4.4% on 23 Oct 2026AI reading matched the move 0 of 1
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales3301,4267391,0939692,1224357404983,4585061,935
Expenses3971,3039261,0649602,0477051,3366952,9368002,404
Operating Profit−66123−18729975−270−596−197522−294−469
OPM %−20%9%−25%2.6%1%3.5%−62%−80%−40%15%−58%−24%
Other Income2185269602532715591,1861,210514434839640
Interest433141454246332231523637
Depreciation141617181821222632363035
Profit before tax9560171621922056786156625586948098
Tax %34%20%28%−52%28%33%30%29%24%26%27%−48%
Net Profit63478519334158378598403194645349145
EPS in Rs2.2416.9518.712.065.412.6819.9213.456.4821.5811.625.12

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
9%
5 Years
46%
3 Years
32%
TTM
50%
Compounded Profit Growth
10 Years
26%
5 Years
56%
3 Years
49%
TTM
−12%
Stock Price CAGR
10 Years
16%
5 Years
−8%
3 Years
−2%
TTM
—
Return on Equity
10 Years
6%
5 Years
7%
3 Years
8%
TTM
—

Shareholding

Latest: Sep 2026.

Promoters
51.66%
+4.61 pts in a year
FIIs
24.37%
−3.94 pts in a year
DIIs
9.7%
−0.72 pts in a year
Public
14.27%
+0.05 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 33xEPS (12 months) ₹ 45.38Median P/E 54x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Godrej Properties₹ 1,587.00₹ 45,121 Cr.33x2.5x9%—
DLF₹ 653.55₹ 1,61,774 Cr.39x3.6x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.33.7x5.1x15.8%20.6%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.9x2.7x19.8%22%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.27.3x3.8x—41.6%
Rail Vikas Nigam₹ 180.10₹ 37,551 Cr.53.7x4.8x9%4.3%

Management

Pirojsha Adi Godrej
Executive Chairman of the Board
Gaurav Pandey
Chief Executive Officer, Managing Director, Director
Rajendra Khetawat
Chief Financial Officer
Sandeep Navlakhe
Chief Operating Officer
Ashish Sudhakar Karyekar
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.