Godrej Properties Limited share price

NSE: GODREJPROP · ISIN INE484J01027

Key numbers

Market cap
₹ 51,212 Cr
Current price
₹ 1,700.10
52-week high / low
₹ 2,352 / 1,434
Stock P/E
32.1
Book value
₹ 636.0
Dividend yield
0.59%
ROCE
7.7%
ROE
10.1%
Debt to equity
0.83
Sales growth (3 yrs)
32.4%
Profit growth (3 yrs)
47.9%
1-year return
-15.8%

About Godrej Properties Limited

Godrej Properties Limited, together with its subsidiaries, engages primarily in the business of real estate construction, development, hospitality, and other related activities in India. It develops residential and commercial projects. Godrej Properties Limited was incorporated in 1985 and is headquartered in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales2,1224354983,458506
Operating profit110-243-183522-285
Net profit382600195650350
EPS (₹)12.6819.926.4821.5811.62

Concall summary (2026-08-06)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • GPL has thereby achieved 22% of its annual guidance for booking value for the financial year.
  • Godrej Properties Limited August 04, 2026 While OCF in Q1 was very weak, we expect our operating cash flow to meaningfully increase in the rest of the year and grow to approximately INR9,000 crores for the full year.

Growth & demand

  • GPL achieved a booking value of INR8,651 crores, a year-on-year growth of 22% from the sale of 3,738 homes with a total area of 6.2 million square feet.
  • Collections in the first quarter stood at INR4,348 crores, year-on-year growth of 18%.

Margins & costs

  • EBITDA declined by 40% to INR545 crores and net profit declined by 42% to INR350 crores.
  • There is a 2.6% minimum wage or so in some markets that have hit, but broadly, nothing that was not planned for because wage rate inflation is a very predictable event.

Capex & expansion

  • But again, there is no desperation to essentially target a city and have to enter, because usually the thumb rule is that you get a booking value of INR500 crores to INR700 crores after one acquisition, but a very high PAT margin.

Balance sheet & cash

  • And we think that the operating cash flow will be strong enough to ensure very robust business development plus some free cash flows next year.
  • We've already said that we would look at INR10,000 crores net debt as a cap that we would not like to exceed, and we'll work to make sure we stay within that.

Peers in Real Estate - Development

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