Godrej Properties
- 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.
Compared with its industry
Residential, Commercial Projects: 174 companies →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 todayRecord 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.
- 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.
- 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.
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- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA+ | Stable | 2 Sep 2026 |
| India Ratings | IND AA+ | Stable | 26 Aug 2026 |
| CRISIL | Withdrawn | — | 6 Oct 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 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 2026 | Financial Results | To consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026. |
| 4 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 4 May 2026 | Financial Results/Dividend/Fund Raising | To consider and approve the financial results for the period ended March 31, 2026, dividend and Fund Raising |
| 5 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 6 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 1 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 330 | 1,426 | 739 | 1,093 | 969 | 2,122 | 435 | 740 | 498 | 3,458 | 506 | 1,935 |
| Expenses | 397 | 1,303 | 926 | 1,064 | 960 | 2,047 | 705 | 1,336 | 695 | 2,936 | 800 | 2,404 |
| Operating Profit | −66 | 123 | −187 | 29 | 9 | 75 | −270 | −596 | −197 | 522 | −294 | −469 |
| OPM % | −20% | 9% | −25% | 2.6% | 1% | 3.5% | −62% | −80% | −40% | 15% | −58% | −24% |
| Other Income | 218 | 526 | 960 | 253 | 271 | 559 | 1,186 | 1,210 | 514 | 434 | 839 | 640 |
| Interest | 43 | 31 | 41 | 45 | 42 | 46 | 33 | 22 | 31 | 52 | 36 | 37 |
| Depreciation | 14 | 16 | 17 | 18 | 18 | 21 | 22 | 26 | 32 | 36 | 30 | 35 |
| Profit before tax | 95 | 601 | 716 | 219 | 220 | 567 | 861 | 566 | 255 | 869 | 480 | 98 |
| Tax % | 34% | 20% | 28% | −52% | 28% | 33% | 30% | 29% | 24% | 26% | 27% | −48% |
| Net Profit | 63 | 478 | 519 | 334 | 158 | 378 | 598 | 403 | 194 | 645 | 349 | 145 |
| EPS in Rs | 2.24 | 16.95 | 18.7 | 12.06 | 5.4 | 12.68 | 19.92 | 13.45 | 6.48 | 21.58 | 11.62 | 5.12 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 46%
- 3 Years
- 32%
- TTM
- 50%
- 10 Years
- 26%
- 5 Years
- 56%
- 3 Years
- 49%
- TTM
- −12%
- 10 Years
- 16%
- 5 Years
- −8%
- 3 Years
- −2%
- TTM
- —
- 10 Years
- 6%
- 5 Years
- 7%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Godrej Properties | ₹ 1,587.00 | ₹ 45,121 Cr. | 33x | 2.5x | 9% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Rail Vikas Nigam | ₹ 180.10 | ₹ 37,551 Cr. | 53.7x | 4.8x | 9% | 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.