Godrej Properties Ltd logo

Godrej Properties Ltd

GODREJPROP NSE

Key Fundamentals

MidcapResidential Commercial ProjectsRealty
Market Cap
₹60,369 Cr
Volatility
Moderate
P/E Ratio
38.17
EBITDA
₹2,863 Cr
Return on Equity
9.51%
Debt to Equity
0.83
Book Value
₹635.92
EPS
₹40.29
52W High
₹2,352
52W Low
₹1,434

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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50 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

2
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 56.1% CAGR over last 5 years

Weaknesses

5
  • Stock is trading at 3.17 times its book value
  • Company has a low return on equity of 8.20% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.2,997 Cr.
  • Promoter holding has decreased over last 3 years: -6.82%

Growth Rate

Revenue Growth
20.72% ↗
Net Income Growth
32.50% ↗
Cash Flow Change
10.66% ↗
ROE
20.23% ↗
ROCE
37.41% ↗
EBITDA Margin (Avg.)
13.54% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 10h ago
AI opinion · based on fundamentals
Risk high

Godrej Properties Ltd is a large-cap realty company with a market cap of ~Rs.60,369 Cr trading at a PE of 38x and PB of 3.16x. The company has delivered strong 5-year profit CAGR of 56% and 5-year sales CAGR of 46%, but carries a modest 3-year average ROE of 8% and faces questions around earnings quality given Rs.2,997 Cr of other income.

Bull Case 7
  • Exceptional 5-year compounded profit growth of 56% CAGR indicates strong earnings momentum and execution capability
  • 5-year compounded sales growth of 46% CAGR demonstrates sustained top-line expansion well above sector averages
  • TTM sales growth of 13% shows continued revenue traction even on a larger base
  • 10-year stock CAGR of 19% reflects long-term value creation for shareholders
  • 3-year compounded profit growth of 49% CAGR indicates accelerating profitability in recent years
  • ROE has improved from 6% (10-year average) to 9% in the last year, suggesting improving capital efficiency
  • Company is expected to deliver a good quarter based on operational indicators, supporting near-term earnings visibility
Bear Case 8
  • PE of 38x is elevated for a company generating only 8-9% ROE, implying the stock prices in significant future growth
  • 3-year average ROE of just 8.2% is low for a capital-intensive business trading at 3.16x book value
  • Earnings include other income of Rs.2,997 Cr which raises concerns about core operating profit quality
  • Promoter holding has declined by 6.82% over the last 3 years, signaling potential dilution or reduced promoter confidence
  • Company may be capitalizing interest costs, which could overstate reported profitability and understate true operating expenses
  • Dividend yield of just 0.5% offers minimal income return to shareholders at current valuations
  • 1-year stock CAGR of only 3% versus 10-year CAGR of 19% suggests recent returns have plateaued despite strong earnings growth
  • TTM profit growth has decelerated to 9% from 49% (3-year CAGR), indicating potential earnings growth slowdown

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 3h ago
Headwinds 1
  • Q1FY26 net profit drops 42% Aug 4

    Consolidated net profit fell 42% YoY to ₹349.38 crore from ₹598.40 crore due to margin pressures, despite 16.5% revenue growth. Auditors flagged excess managerial remuneration requiring shareholder approval.

Positives 3
  • Strong Q1FY27 bookings & cash flow Aug 4

    Godrej Properties reported ₹8,651 crore bookings in Q1FY27, exceeding the ₹8,000 crore target. Operating cash flow turned positive at ₹399 crore with guidance of ₹20,000-22,000 crore OCF by FY28.

  • ₹40,000 Cr P&L recognition by FY28 Aug 4

    Company confirmed it is on track to recognise ₹40,000 crores in booking value in P&L by FY28, representing approximately 2x growth in booking value recognition.

  • ₹10 dividend declared at AGM Aug 4

    41st AGM approved ₹10 per share dividend for FY26. Shareholders also waived excess remuneration for Executive Chairperson Pirojsha Godrej.

Neutral 4
  • Pirojsha Godrej becomes Executive Chairperson Aug 13

    Godrej Industries appointed Pirojsha Godrej as Executive Chairperson effective August 14, 2026, succeeding Nadir Godrej as part of a generational transition. The group reported over 20% CAGR in sales and profits leading up to FY26.

  • Merger with housing subsidiary Aug 4

    Board approved amalgamation of Godrej Housing Projects Private Limited, an indirect wholly owned subsidiary, to streamline operations.

  • ₹21 Cr block trade on BSE Jul 17

    A block trade of ~1 lakh shares at ₹2,110.70 per share worth ₹21.11 crore was recorded on BSE, indicating institutional-level participation.

  • Earnings call audio uploaded Aug 4

    Godrej Properties uploaded its Q1 earnings conference call audio recording to its website for investor access.

TL;DR: Godrej Properties is executing strongly on pre-sales and cash flow, with Q1FY27 bookings of ₹8,651 crore beating guidance and OCF turning positive. The ₹40,000 crore P&L recognition pipeline by FY28 provides strong revenue visibility. The key risk is near-term margin compression as seen in the 42% Q1FY26 profit decline despite revenue growth. The trend is improving operationally with the leadership transition and subsidiary consolidation signaling long-term structural streamlining.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
936
343
330
1,426
739
1,093
969
2,122
435
740
498
3,458
506
Expenses
1,085
438
397
1,303
926
1,064
960
2,047
705
1,336
695
2,936
800
Operating Profit
-149
-95
-66
123
-187
29
9
75
-270
-596
-197
522
-294
OPM %
-16%
-28%
-20%
9%
-25%
2.6%
1%
3.5%
-62%
-80%
-40%
15%
-58%
Other Income
379
262
218
526
960
253
271
559
1,186
1,210
514
434
839
Interest
30
48
43
31
41
45
42
46
33
22
31
52
36
Depreciation
7
7
14
16
17
18
18
21
22
26
32
36
30
PBT
193
111
95
601
716
219
220
567
861
566
255
869
480
Tax %
31%
35%
34%
20%
28%
-52%
28%
33%
30%
29%
24%
26%
27%
Net Profit
134
73
63
478
519
334
158
378
598
403
194
645
349
EPS in Rs
4.49
2.4
2.24
16.95
18.7
12.06
5.4
12.68
19.92
13.45
6.48
21.58
11.62
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,843
2,123
1,583
1,604
2,817
2,441
765
1,825
2,252
3,036
4,923
5,131
5,203
Expenses
1,586
1,986
1,330
1,819
2,639
2,181
1,214
1,880
2,045
3,165
4,997
5,585
5,767
Operating Profit
257
137
253
-216
178
260
-449
-56
207
-130
-74
-453
-564
OPM %
14%
6%
16%
-13%
6%
11%
-59%
-3%
9%
-4.3%
-1.5%
-9%
-11%
Other Income
83
146
150
499
419
473
568
761
787
1,326
2,044
3,256
2,997
Interest
5
41
104
150
234
220
185
167
174
152
174
137
140
Depreciation
10
14
14
16
14
21
20
21
24
45
74
116
124
PBT
326
228
284
117
348
493
-86
516
795
1,000
1,723
2,551
2,170
Tax %
28%
30%
27%
26%
27%
44%
121%
32%
22%
25%
19%
28%
—
Net Profit
236
160
207
87
253
274
-189
351
621
747
1,389
1,841
1,592
EPS in Rs
9.58
7.33
9.56
4.01
11.04
10.73
-6.82
12.68
20.55
26.08
46.48
61.43
53.13
Div. Payout %
21%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
16%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
100
108
108
108
115
126
139
139
139
139
151
151
Reserves
1,747
1,657
1,896
1,102
2,354
4,678
8,181
8,536
9,125
9,853
17,162
19,005
Borrowings
3,486
3,123
3,980
3,703
3,516
3,715
4,542
5,196
6,431
10,679
12,641
15,894
Other Liabilities
2,030
1,691
1,197
3,358
2,107
1,586
3,385
3,932
7,410
15,063
25,496
46,540
Total Liabilities
7,363
6,578
7,181
8,271
8,092
10,106
16,247
17,804
23,105
35,735
55,450
81,590
Fixed Assets
117
107
102
113
97
113
174
183
218
997
1,271
1,708
CWIP
73
1
0
71
100
163
229
340
653
250
116
172
Investments
0
664
760
1,454
2,637
3,571
5,243
4,883
2,534
3,150
5,951
5,511
Other Assets
7,173
5,807
6,319
6,633
5,259
6,259
10,600
12,397
19,700
31,337
48,112
74,199
Total Assets
7,363
6,578
7,181
8,271
8,092
10,106
16,247
17,804
23,105
35,735
55,450
81,590
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-941
490
-566
1,155
478
-232
-671
-452
-2,861
-693
-2,242
-2,003
Investing
-96
191
14
-973
-971
-1,721
-3,317
127
2,564
-1,974
-4,273
664
Financing
852
-554
335
-493
970
1,974
4,259
235
832
3,258
6,710
938
Net Cash Flow
-184
126
-217
-311
476
22
271
-90
536
591
194
-402
Free Cash Flow
-951
466
-575
1,005
404
-295
-797
-592
-3,161
-1,386
-2,450
-2,382
CFO/OP
-320
435
-161
-568
290
-79
153
469
-1,301
330
2,689
359
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
34
30
53
36
21
65
114
38
58
37
32
39
Inventory Days
—
—
—
5,457
495
—
—
—
—
—
—
—
Days Payable
—
—
—
457
56
—
—
—
—
—
—
—
Cash Conversion Cycle
34
30
53
5,035
461
65
114
38
58
37
32
39
Working Capital Days
309
185
262
-251
-128
-32
912
476
533
602
612
547
ROCE %
5%
5%
7%
1%
10%
9%
1%
5%
6%
6%
7%
8%

Shareholding Pattern

As of Jun 2026
Promoters 51.66%
FIIs 25.33%
DIIs 9.02%
Others 7.41%
Public 6.59%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
58.44%
58.43%
58.43%
58.43%
58.43%
58.43%
58.48%
58.48%
58.48%
58.48%
58.48%
58.48%
58.48%
58.48%
58.48%
46.50%
46.67%
46.70%
47.05%
47.17%
51.66%
51.66%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
29.25%
0.00%
29.67%
29.91%
28.33%
30.85%
30.54%
30.54%
28.31%
28.14%
26.17%
25.33%
DIIs
3.83%
3.61%
2.99%
2.78%
2.77%
2.71%
4.54%
4.56%
4.69%
4.30%
4.61%
4.07%
5.55%
5.63%
7.12%
9.40%
9.33%
9.07%
10.43%
10.77%
8.20%
9.02%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
6.36%
6.41%
5.56%
6.20%
7.41%
7.80%
8.04%
8.13%
8.28%
7.14%
6.51%
5.99%
5.22%
4.91%
5.00%
5.80%
6.01%
6.17%
6.59%
6.34%
6.46%
6.59%
Others
31.37%
31.55%
33.01%
32.60%
31.38%
31.07%
28.94%
28.83%
28.55%
30.08%
1.15%
31.46%
1.08%
1.07%
1.07%
7.45%
7.45%
7.52%
7.62%
7.57%
7.52%
7.41%
No. of Shareholders
63,143
96,586
82,871
1,13,439
1,75,189
1,87,096
2,00,900
1,97,664
1,98,301
1,65,666
1,52,769
1,41,035
1,32,152
1,33,402
1,38,277
1,44,425
1,63,470
1,72,914
1,88,989
1,81,277
1,89,691
1,89,178

Documents

Frequently Asked Questions about Godrej Properties Ltd

What does Godrej Properties Ltd do?
Godrej Properties Limited (GPL) is the real estate development arm of the Godrej Group, which was started in 1897 and is today one of India’s most successful conglomerates. Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate indust...
Where is Godrej Properties Ltd (GODREJPROP) listed?
Godrej Properties Ltd is listed on the Indian stock exchanges. It is listed on NSE: GODREJPROP and BSE: 533150. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Godrej Properties Ltd belong to?
Godrej Properties Ltd operates in the Realty sector within the Residential Commercial Projects industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Godrej Properties Ltd?
Godrej Properties Ltd has a market capitalisation of approximately ₹60368.69 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Godrej Properties Ltd?
The Price-to-Earnings (PE) ratio of Godrej Properties Ltd is 38.17. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Godrej Properties Ltd?
Over the past 52 weeks, Godrej Properties Ltd has traded between a low of ₹1,434 and a high of ₹2,352. This range helps investors understand the stock's price volatility and recent trading levels.
Does Godrej Properties Ltd pay dividends?
Yes, Godrej Properties Ltd has a dividend yield of 0.50%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Godrej Properties Ltd?
Godrej Properties Ltd has a Return on Equity (ROE) of 9.51%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Godrej Properties Ltd on Tapetide?
On Tapetide, you can view Godrej Properties Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Godrej Properties Limited (GPL) is the real estate development arm of the Godrej Group, which was started in 1897 and is today one of India’s most successful conglomerates. Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry. [1]

Website godrejproperties.com
CEO Mr. Pirojsha Adi Godrej
Employees 4,199
Listed 2010-01-05
Face Value ₹ 5
Issued Size 30,12,06,344

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