Godrej Properties Ltd.
GODREJPROPConsumer Discretionary filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
29 transcript(s)/analyst meet(s) served; 4 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (1 of 29 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20190516 | 2019-03-31 | yes | |
| TRANSCRIPT | 20190816 | 2019-06-30 | yes | |
| TRANSCRIPT | 20191108 | 2019-09-30 | yes | |
| TRANSCRIPT | 20200211 | 2019-12-31 | yes | |
| TRANSCRIPT | 20200514 | 2020-03-31 | yes | |
| TRANSCRIPT | 20200810 | 2020-06-30 | yes | |
| TRANSCRIPT | 20201105 | 2020-09-30 | yes | |
| TRANSCRIPT | 20210208 | 2020-12-31 | yes | |
| TRANSCRIPT | 20210507 | 2021-03-31 | yes | |
| TRANSCRIPT | 20210805 | 2021-06-30 | yes | |
| TRANSCRIPT | 20211108 | 2021-09-30 | yes | |
| TRANSCRIPT | 20220208 | 2021-12-31 | yes | |
| TRANSCRIPT | 20220505 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220806 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221112 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230208 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230508 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230808 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231106 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240209 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240507 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240805 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241028 | 2024-09-30 | yes | |
| DUPLICATE | 20241028 | 2024-09-30 | no | |
| TRANSCRIPT | 20250206 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250505 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250804 | 2025-06-30 | yes | |
| DUPLICATE | 20250804 | 2025-06-30 | no | |
| TRANSCRIPT | 20251111 | 2025-09-30 | yes | |
| DUPLICATE | 20251111 | 2025-09-30 | no | |
| TRANSCRIPT | 20260210 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260506 | 2026-03-31 | yes | |
| DUPLICATE | 20260506 | 2026-03-31 | no |
GODREJPROP
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 1,671.20 |
| 52-week range | 1471.3 – 2320.3 |
| Return 1M | -18.44% |
| Return 3M | -9.69% |
| Return 1Y | -17.23% |
| Return 3Y | 4.72% |
| Return 5Y | -23.74% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 506.00 |
| Other income | 839.00 |
| Total income | 1,345.00 |
| Cost of materials consumed | 2,914.00 |
| Purchases of stock-in-trade | 1.00 |
| Changes in inventories | -2,715.00 |
| Employee benefit expense | 169.00 |
| Finance costs | 36.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.52 | 0.00 |
| institutions foreign | 0.25 | -0.01 |
| institutions domestic | 0.09 | 0.01 |
| mutual funds | 0.06 | 0.01 |
| public | 0.48 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| DUPLICATE | 2026-03-31 | 4 |
| TRANSCRIPT | 2026-03-31 | 29 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 165.00 | 196.00 | 1,646.00 | 936.00 | 343.00 | 330.00 | 1,426.00 | 739.00 | 1,093.00 | 969.00 | 2,122.00 | 435.00 | 740.00 | 498.00 | 3,458.00 | 506.00 |
| Other income | 204.00 | 208.00 | 193.00 | 330.00 | 262.00 | 218.00 | 489.00 | 960.00 | 253.00 | 271.00 | 559.00 | 1,186.00 | 1,210.00 | 535.00 | 349.00 | 839.00 |
| Total income | 369.00 | 405.00 | 1,839.00 | 1,266.00 | 605.00 | 548.00 | 1,915.00 | 1,699.00 | 1,347.00 | 1,240.00 | 2,681.00 | 1,620.00 | 1,950.00 | 1,034.00 | 3,807.00 | 1,345.00 |
| Cost of materials consumed | 663.00 | 2,757.00 | 2,062.00 | 1,121.00 | 782.00 | 2,302.00 | 2,712.00 | 2,578.00 | 1,813.00 | 3,379.00 | 3,693.00 | 3,544.00 | 3,853.00 | 4,212.00 | 7,981.00 | 2,914.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 48.00 | 13.00 | 2.00 | 2.00 | 2.00 | 0.00 | 0.00 | 2.00 | 1.00 | 1.00 |
| Changes in inventories | -603.00 | -2,676.00 | -1,072.00 | -440.00 | -620.00 | -2,197.00 | -1,900.00 | -2,097.00 | -1,203.00 | -2,908.00 | -2,350.00 | -3,368.00 | -3,208.00 | -4,065.00 | -6,004.00 | -2,715.00 |
| Employee benefit expense | 38.00 | 36.00 | 110.00 | 59.00 | 73.00 | 80.00 | 119.00 | 99.00 | 108.00 | 114.00 | 130.00 | 149.00 | 168.00 | 130.00 | 149.00 | 169.00 |
| Finance costs | 41.00 | 46.00 | 54.00 | 30.00 | 48.00 | 43.00 | 31.00 | 41.00 | 45.00 | 42.00 | 46.00 | 33.00 | 22.00 | 31.00 | 52.00 | 36.00 |
| Depreciation and amortisation | 6.00 | 6.00 | 7.00 | 7.00 | 7.00 | 14.00 | 16.00 | 17.00 | 18.00 | 18.00 | 21.00 | 22.00 | 26.00 | 32.00 | 36.00 | 30.00 |
| Other expenses | 135.00 | 96.00 | 200.00 | 345.00 | 170.00 | 187.00 | 324.00 | 271.00 | 341.00 | 354.00 | 537.00 | 352.00 | 440.00 | 402.00 | 809.00 | 422.00 |
| Total expenses | 279.00 | 265.00 | 1,360.00 | 1,122.00 | 460.00 | 429.00 | 1,351.00 | 921.00 | 1,124.00 | 1,001.00 | 2,079.00 | 733.00 | 1,301.00 | 744.00 | 3,023.00 | 857.00 |
| Profit before exceptional items and tax | 91.00 | 139.00 | 478.00 | 144.00 | 145.00 | 119.00 | 564.00 | 778.00 | 222.00 | 239.00 | 602.00 | 888.00 | 649.00 | 290.00 | 784.00 | 488.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -35.00 | -27.00 | 0.00 | -21.00 | 86.00 | -9.00 |
| Profit before tax | 91.00 | 139.00 | 478.00 | 144.00 | 145.00 | 119.00 | 564.00 | 778.00 | 222.00 | 239.00 | 567.00 | 861.00 | 649.00 | 269.00 | 869.00 | 480.00 |
| Current tax | 38.00 | 64.00 | 76.00 | 66.00 | 37.00 | 15.00 | 69.00 | 30.00 | 54.00 | 32.00 | 98.00 | 51.00 | 14.00 | 38.00 | 216.00 | 26.00 |
| Deferred tax | -57.00 | -19.00 | 40.00 | -7.00 | 1.00 | 17.00 | 54.00 | 167.00 | -169.00 | 30.00 | 91.00 | 212.00 | 149.00 | 23.00 | 8.00 | 104.00 |
| Tax expense | -19.00 | 45.00 | 116.00 | 59.00 | 39.00 | 32.00 | 123.00 | 197.00 | -115.00 | 62.00 | 188.00 | 262.00 | 163.00 | 61.00 | 224.00 | 130.00 |
| Profit for the period | 67.00 | 56.00 | 454.00 | 134.00 | 73.00 | 63.00 | 478.00 | 519.00 | 334.00 | 158.00 | 378.00 | 598.00 | 403.00 | 194.00 | 645.00 | 349.00 |
| Profit attributable to owners | 55.00 | 59.00 | 412.00 | 125.00 | 67.00 | 62.00 | 471.00 | 520.00 | 335.00 | 163.00 | 382.00 | 600.00 | 405.00 | 195.00 | 650.00 | 350.00 |
| Profit attributable to non-controlling interests | 12.00 | -2.00 | 42.00 | 9.00 | 6.00 | 0.00 | 7.00 | -1.00 | -1.00 | -4.00 | -4.00 | -2.00 | -2.00 | -1.00 | -4.00 | -1.00 |
| Other comprehensive income | -0.00 | -0.00 | 2.00 | 0.00 | 0.00 | 0.00 | -2.00 | -0.00 | -0.00 | -0.00 | -6.00 | -1.00 | -1.00 | -1.00 | -2.00 | -1.00 |
| Total comprehensive income | 67.00 | 56.00 | 456.00 | 134.00 | 73.00 | 63.00 | 476.00 | 519.00 | 334.00 | 158.00 | 373.00 | 597.00 | 402.00 | 193.00 | 643.00 | 348.00 |
| Earnings per share, basic | 1.98 | 2.11 | 14.82 | 4.59 | 2.40 | 2.24 | 16.95 | 18.70 | 12.06 | 5.70 | 12.68 | 19.92 | 13.45 | 6.48 | 21.58 | 11.62 |
| Earnings per share, diluted | 1.98 | 2.11 | 14.82 | 4.59 | 2.40 | 2.24 | 16.95 | 18.70 | 12.05 | 5.70 | 12.68 | 19.92 | 13.45 | 6.48 | 21.57 | 11.62 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,817.00 | 2,441.00 | 765.00 | 1,825.00 | 2,252.00 | 3,036.00 | 4,923.00 | 5,131.00 |
| Other income | 405.00 | 473.00 | 568.00 | 761.00 | 787.00 | 1,299.00 | 2,044.00 | 3,279.00 |
| Total income | 3,222.00 | 2,915.00 | 1,333.00 | 2,586.00 | 3,039.00 | 4,334.00 | 6,967.00 | 8,411.00 |
| Cost of materials consumed | 565.00 | 1,490.00 | 3,015.00 | 2,082.00 | 6,454.00 | 6,787.00 | 11,463.00 | 19,590.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 178.00 | 19.00 | 4.00 |
| Changes in inventories | 1,629.00 | 74.00 | -2,540.00 | -888.00 | -5,212.00 | -5,157.00 | -8,558.00 | -16,645.00 |
| Employee benefit expense | 173.00 | 185.00 | 300.00 | 110.00 | 218.00 | 331.00 | 451.00 | 596.00 |
| Finance costs | 234.00 | 222.00 | 185.00 | 167.00 | 174.00 | 152.00 | 174.00 | 137.00 |
| Depreciation and amortisation | 14.00 | 21.00 | 20.00 | 21.00 | 24.00 | 45.00 | 74.00 | 116.00 |
| Other expenses | 272.00 | 348.00 | 324.00 | 388.00 | 544.00 | 1,026.00 | 1,503.00 | 2,003.00 |
| Total expenses | 2,888.00 | 2,339.00 | 1,303.00 | 1,881.00 | 2,203.00 | 3,362.00 | 5,126.00 | 5,800.00 |
| Profit before exceptional items and tax | 334.00 | 576.00 | 30.00 | 705.00 | 836.00 | 972.00 | 1,841.00 | 2,610.00 |
| Exceptional items | 0.00 | -85.00 | 0.00 | 0.00 | 0.00 | 0.00 | -119.00 | -60.00 |
| Profit before tax | 334.00 | 491.00 | 30.00 | 705.00 | 836.00 | 972.00 | 1,723.00 | 2,551.00 |
| Current tax | 95.00 | 69.00 | 50.00 | 184.00 | 199.00 | 187.00 | 214.00 | 319.00 |
| Deferred tax | 0.00 | 152.00 | 54.00 | -18.00 | -24.00 | 66.00 | 119.00 | 391.00 |
| Tax expense | 95.00 | 220.00 | 104.00 | 166.00 | 175.00 | 253.00 | 333.00 | 710.00 |
| Profit for the period | 253.00 | 271.00 | -189.00 | 351.00 | 621.00 | 747.00 | 1,389.00 | 1,841.00 |
| Profit attributable to owners | 253.00 | 267.00 | -189.00 | 352.00 | 571.00 | 725.00 | 1,400.00 | 1,850.00 |
| Profit attributable to non-controlling interests | 0.00 | 3.00 | 0.00 | -2.00 | 49.00 | 22.00 | -11.00 | -10.00 |
| Other comprehensive income | -0.00 | -0.00 | -1.00 | -1.00 | 1.00 | -1.00 | -6.00 | -5.00 |
| Total comprehensive income | 253.00 | 270.00 | -190.00 | 349.00 | 622.00 | 746.00 | 1,383.00 | 1,836.00 |
| Earnings per share, basic | 11.16 | 10.84 | -7.48 | 12.68 | 20.55 | 26.09 | 49.02 | 61.43 |
| Earnings per share, diluted | 11.15 | 10.84 | -7.48 | 12.67 | 20.55 | 26.08 | 49.01 | 61.42 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 19,045.00 | 23,105.00 | 29,433.00 | 35,735.00 | 42,604.00 | 55,466.00 | 72,165.00 | 81,894.00 |
| Non-current assets | 2,743.00 | 2,933.00 | 2,957.00 | 3,285.00 | 4,108.00 | 4,321.00 | 5,660.00 | 6,076.00 |
| Current assets | 16,302.00 | 20,173.00 | 26,475.00 | 32,450.00 | 38,496.00 | 51,144.00 | 66,505.00 | 75,818.00 |
| Property, plant and equipment | 136.00 | 170.00 | 189.00 | 930.00 | 1,017.00 | 1,043.00 | 1,192.00 | 1,281.00 |
| Capital work-in-progress | 428.00 | 652.00 | 773.00 | 249.00 | 193.00 | 113.00 | 87.00 | 169.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 18.00 | 15.00 | 14.00 | 15.00 | 14.00 | 14.00 | 13.00 | 14.00 |
| Inventories | 7,143.00 | 12,073.00 | 17,029.00 | 22,565.00 | 25,912.00 | 32,928.00 | 47,099.00 | 57,807.00 |
| Trade receivables | 213.00 | 359.00 | 402.00 | 310.00 | 339.00 | 434.00 | 393.00 | 554.00 |
| Cash and cash equivalents | 123.00 | 715.00 | 684.00 | 1,320.00 | 782.00 | 1,502.00 | 1,067.00 | 1,861.00 |
| Total equity and liabilities | 19,045.00 | 23,105.00 | 29,433.00 | 35,735.00 | 42,604.00 | 55,466.00 | 72,165.00 | 81,894.00 |
| Equity | 8,786.00 | 9,287.00 | 9,483.00 | 10,301.00 | 11,118.00 | 17,574.00 | 18,575.00 | 19,355.00 |
| Equity share capital | 139.00 | 139.00 | 139.00 | 139.00 | 139.00 | 151.00 | 151.00 | 151.00 |
| Other equity | 8,639.00 | 9,125.00 | 9,320.00 | 9,853.00 | 10,711.00 | 17,162.00 | 18,160.00 | 19,005.00 |
| Total liabilities | 10,259.00 | 13,818.00 | 19,949.00 | 25,433.00 | 31,486.00 | 37,892.00 | 53,590.00 | 62,540.00 |
| Non-current liabilities | 34.00 | 32.00 | 2,690.00 | 2,701.00 | 4,045.00 | 4,122.00 | 3,728.00 | 3,014.00 |
| Current liabilities | 10,225.00 | 13,786.00 | 17,259.00 | 22,732.00 | 27,440.00 | 33,770.00 | 49,862.00 | 59,525.00 |
| Borrowings, non-current | 0.00 | 0.00 | 2,660.00 | 2,660.00 | 4,000.00 | 4,000.00 | 3,250.00 | 2,250.00 |
| Borrowings, current | 5,360.00 | 6,412.00 | 7,587.00 | 7,996.00 | 9,573.00 | 8,561.00 | 12,923.00 | 13,365.00 |
| Trade payables | 2,172.00 | 3,357.00 | 3,001.00 | 3,756.00 | 2,914.00 | 0.00 | 4,777.00 | 5,900.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -917.00 | -2,861.00 | -1,415.00 | -693.00 | -925.00 | -2,242.00 | -1,502.00 | -1,961.00 |
| Net cash from investing activities | 846.00 | 1,134.00 | -1,934.00 | -2,080.00 | -2,021.00 | -4,273.00 | -1,940.00 | 622.00 |
| Net cash from financing activities | 16.00 | 832.00 | 3,318.00 | 3,363.00 | 2,419.00 | 6,710.00 | 3,009.00 | 938.00 |
| Purchase of property, plant and equipment | 111.00 | -306.00 | 106.00 | 695.00 | 70.00 | 212.00 | 152.00 | 406.00 |
| Net increase in cash | -56.00 | -894.00 | -31.00 | 591.00 | -528.00 | 194.00 | -433.00 | -402.00 |
| con:CFO.BEFORE_TAX | -853.00 | -2,692.00 | -1,305.00 | -19.00 | -821.00 | -1,996.00 | -1,340.00 | -1,588.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 64.00 | 169.00 | 110.00 | 265.00 | 104.00 | 246.00 | 162.00 | 374.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | -409.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 34.00 |
| con:INVESTMENTS_SOLD | 0.00 | -17.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 6.00 | 0.00 | 2.00 | 0.00 | 4.00 | 9.00 | 28.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 175.00 | 37.00 | 87.00 | 112.00 | 170.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 65.00 | 47.00 | 47.00 | 63.00 | 63.00 |
| con:CF_INVESTING.JV_ACQUIRED | 27.00 | -414.00 | 98.00 | 0.00 | 149.00 | 63.00 | 245.00 | 249.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-03 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 58.48 | 58.48 | 58.48 | 58.48 | 58.48 | 58.48 | 46.48 | 46.50 | 46.67 | 46.70 | 0.47 | 0.47 | 0.52 | 0.52 |
| Domestic institutions | 4.30 | 4.61 | 4.70 | 5.55 | 5.63 | 7.12 | 9.24 | 9.40 | 9.33 | 9.07 | 0.10 | 0.11 | 0.08 | 0.09 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 6.04 | 0.07 | 0.07 | 0.05 | 0.06 |
| Insurance companies | 1.73 | 1.82 | 1.86 | 1.70 | 1.84 | 1.96 | 2.20 | 2.12 | 2.18 | 2.06 | 0.02 | 0.03 | 0.02 | 0.02 |
| Foreign institutions | 28.85 | 29.25 | 29.73 | 29.67 | 29.91 | 28.33 | 31.09 | 30.85 | 30.54 | 30.54 | 0.28 | 0.28 | 0.26 | 0.25 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 41.52 | 41.52 | 41.52 | 41.52 | 41.52 | 41.52 | 53.52 | 53.50 | 53.33 | 53.30 | 0.53 | 0.53 | 0.48 | 0.48 |
| Non-institutional | 8.36 | 7.66 | 7.09 | 6.30 | 5.98 | 6.07 | 13.20 | 13.25 | 13.46 | 13.69 | 0.14 | 0.14 | 0.14 | 0.14 |
| Shares outstanding | 278029098 | 278039638 | 278039638 | 278041474 | 278056965 | 278062112 | 301183499 | 301183499 | 301184878 | 301206126 | 301206344 | 301206344 | 301207741 | 301225962 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Godrej Projects Development Limited | Wholly Owned Subsidiary | Any other transaction | 18,757,800,000.00 | 9 |
| Godrej Green Woods Private Limited | Wholly Owned Subsidiary | Any other transaction | 6,353,500,000.00 | 7 |
| Godrej Highview LLP | Associate Company | Any other transaction | 2,136,600,000.00 | 7 |
| Maan-Hinje Township Developers LLP | Subsidiary of Parent Company | Any other transaction | 1,994,900,000.00 | 8 |
| AR Landcraft LLP | Associate Company | Any other transaction | 1,821,000,000.00 | 7 |
| Caroa Properties LLP | Joint Venture | Any other transaction | 1,577,600,000.00 | 14 |
| Dream World Landmarks LLP | Subsidiary | Any other transaction | 1,065,000,000.00 | 9 |
| Godrej Vestamark LLP | Wholly Owned Subsidiary | Any other transaction | 944,400,000.00 | 7 |
| Prakhhyat Dwellings LLP | Joint Venture | Any other transaction | 796,300,000.00 | 10 |
| Godrej Residency Private Limited | Subsidiary | Any other transaction | 770,000,000.00 | 8 |
| Wonder City Buildcon Private Limited | Wholly Owned Subsidiary | Any other transaction | 693,000,000.00 | 6 |
| Godrej Hillside Properties Private Limited | Wholly Owned Subsidiary | Any other transaction | 598,400,000.00 | 9 |
| Godrej Home Developers Private Limited | Wholly Owned Subsidiary | Any other transaction | 592,500,000.00 | 8 |
| Manjari Housing Projects LLP | Joint Venture | Any other transaction | 577,800,000.00 | 12 |
| Vivrut Developers Private Limited | Associate Company | Any other transaction | 551,900,000.00 | 6 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-05-06 | Q4FY26 | GODREJ PROPERTIES LIMITED | Read the call |
| 2026-02-10 | Q3FY26 | GODREJ PROPERTIES LIMITED | Read the call |
| 2025-11-11 | Q2FY26 | GODREJ PROPERTIES LIMITED | Read the call |
| 2025-08-04 | Q1FY26 | GODREJ PROPERTIES LIMITED | Read the call |
| 2025-05-05 | Q4FY25 | CEO, GODREJ PROPERTIES, GODREJ PROPERTIES | Read the call |
| 2025-02-06 | Q3FY25 | GODREJ PROPERTIES LIMITED | Read the call |
| 2024-10-28 | Q2FY25 | GODREJ PROPERTIES LIMITED | Read the call |
| 2024-08-05 | Q1FY25 | GODREJ PROPERTIES LIMITED | Read the call |
| 2024-05-07 | Q4FY24 | GODREJ PROPERTIES LIMITED | Read the call |
| 2024-02-09 | Q3FY24 | GODREJ PROPERTIES LIMITED | Read the call |
| 2023-11-06 | Q2FY24 | GODREJ PROPERTIES LIMITED | Read the call |
| 2023-08-08 | Q1FY24 | GODREJ PROPERTIES LIMITED | Read the call |
| 2023-05-08 | Q4FY23 | GODREJ PROPERTIES LIMITED | Read the call |
| 2023-02-08 | Q3FY23 | GODREJ PROPERTIES LIMITED | Read the call |
| 2022-11-12 | Q2FY23 | Read the call | |
| 2022-08-06 | Q1FY23 | Read the call | |
| 2022-05-05 | Q4FY22 | Read the call | |
| 2022-02-08 | Q3FY22 | Read the call | |
| 2021-11-08 | Q2FY22 | Read the call | |
| 2021-08-05 | Q1FY22 | Read the call | |
| 2021-05-07 | Q4FY21 | Read the call | |
| 2021-02-08 | Q3FY21 | Read the call | |
| 2020-11-05 | Q2FY21 | Read the call | |
| 2020-08-10 | Q1FY21 | Read the call | |
| 2020-05-14 | Q4FY20 | Read the call | |
| 2020-02-11 | Q3FY20 | Read the call | |
| 2019-11-08 | Q2FY20 | Read the call | |
| 2019-08-16 | Q1FY20 | Read the call | |
| 2019-05-16 | Q4FY19 | Read the call |
What they said about it, quarter by quarter
| Topic | Q4FY19 | Q4FY20 | Q4FY21 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | — | — | — | — | And the second, in terms of our land-related CAPEX, we have done roughly about 5,500 crores this year. | I think that would be sort of a thing to watch out from a risk point of view and I think interest rate getting into a sort of a lower cycle, this coul… | My second question is of the INR42,000 crores of GDV that you announced in FY26, how much do you estimate would be the total land and related capex pa… |
| Capital allocation | — | The projects in NCR include the Delhi land acquisition in Ashok Vihar from the Railway Land Development Authority. | — | So, you are looking to do like more 3-to-4-year one single phase kind of new land acquisition. | But certainly, we continue to think there is good value land acquisition opportunities available. | — | So, some of it is through the acquisition right now. | So a large acquisition in Gurgaon that we've done. |
| Costs | — | — | — | Do you intend to continue that strategy given how the cost pressures are there in various phases of projects? | — | — | But as of now the cost pressure environment looks relatively benign. | — |
| Debt and cash | Well, our net cash flow shows that Puneet, largely shows what has been invested into lands and approvals for the quarter. | 1,401 crore, which led to positive net operational cash flow of Rs. | These collections led to a strong net operating cash flow of Rs. | This combined with strong project deliveries should allow us to maintain rapid growth in operating cash flows. | These collections lead to our highest ever net operating cash flow of INR2,245 crores for the fourth quarter, and INR3,533 crores for the full year. | The strong cash collections allowed for GPL to reduce net debt by over 700 crores in the 4th Quarter despite strong business development in that piece… | Operating cash flow in the 4th Quarter stood at Rs. | GPL also delivered positive net cash flow post business development expenses of INR628 crores in the fourth quarter, a 6% increase year-on-year. |
| Demand | The total value of bookings in FY19 stood at rupees 5,316 crore, with the second half of the financial year contributing two thirds of the sales for t… | On the sales side, we will have to wait and watch how this impacts demand and for how long. | While there is no question that it's been a challenging year for the world and for India, and the risk to the Indian economy remains significant, we a… | In addition to the new projects we have already announced, we have a robust pipeline of new development opportunities, and we are confident new projec… | In addition to the new projects we have already announced, we have a robust pipeline of new development opportunities. | In terms of new bookings, Godrej Properties achieved its highest ever quarterly and annual sales, booking value for the quarter stood at Rs.9,519 cror… | I am happy to share that Financial Year 2025 was another record-breaking year for Godrej Properties in which we achieved our highest ever bookings, co… | GPL delivered its best ever year for business development, bookings, collections, operating cash flow and earnings in financial year '26. |
| Guidance | Our sales performance has strengthened significantly in H2 FY19. We expect to further scale our sales momentum in FY20, given our exciting launch pipe… | So as people's economic concerns subside, we expect the residential real-estate sector to do quite well. | While this situation will interrupt the improved momentum for construction, pace and property sales in the current quarter, we expect the sector to co… | My first question is with respect to your FY '23 launch guidance. | This is our sixth consecutive year of record annual sales to INR12,232 crores, representing a growth of 56% over what was our previous best-ever year,… | Booking value for the full year 2024 stood at INR22,527 crores, up 84% year-on-year over the previous best ever year and 61% above the guidance we pro… | 29,444 crores a year-on-year growth of 31% and guidance achievement of 109%. | For financial year '26, booking value grew 16% year-on-year to INR34,171 crores and thereby achieving 105% of our guidance. |
| Margin | Our EBITDA increased by 327% to INR 314 crore and net profit increased by 271% to INR 157 crore. | So this is one point which has brought down our margin. | 1,217 crore, our adjusted EBITDA stood at Rs. | Our EBITDA increased by 611 % to INR 403 crore and net profit increased by 236% to INR 260 crore. | Our total income for the fourth quarter increased by 31% and stood at INR1,930 crores, our EBITDA increased by 66% to | Our EBITDA increased by 3% to Rs.649 crores and net profit increased by 14% to Rs.471 crores over a very strong base quarter. | And we would continue to buy land where we feel that our ability to turn them around within 6 to 12 months is very high and our ability to improve our… | For the quarter, our total income grew by 47% to INR3,895 crores, EBITDA grew by 51% to INR959 crores and net profit grew by 70% to INR650 crores. |
| People | — | 1,000 crore of NCDs that we are looking at, the utilization of that will be towards acquiring these projects, the newer projects? | — | So, you will have to take the average utilization much higher. | So, have you seen higher- than-normal attrition? | — | — | — |
| Pricing | So the pricing difference is pretty stark in these two inventories. | While this micro market has, over the past few years, been quite oversupplied, we believe that the type of project design and pricing that we can come… | The first one is, now that volumes have been good in the sector for, give or take six, nine months, do you spot an opportunity for price hikes in proj… | While commodity cost inflation poses a substantial near-term risk to operating margins of projects where most of the sales have been completed, the pr… | That’s kind of more medium term project given the kind of inflationary environment we had seen during deliveries and the kind of muted pricing environ… | And I think pricing is in two parts it's important to remember. | 50,000-55,000 crores because a lot of assumptions have from what we were launching those projects have seen price hike. | Yes, Puneet, I think it's fairly decipherable from the -- I think every BD deal we do, we announced now an expected booking value from it and an area,… |
| Revenue growth | The total sales for the quarter stood at rupees 2, 161 crore which represents year on year growth of 105% and a quarter on quarter growth of 41%, desp… | 2,383 crore, which represents a quarter-on- quarter growth of 100% and year-on-year growth of 10% despite Q4 FY19 being the previous best ever quarter… | 2,632 crore, representing a quarter-on-quarter value growth of 77% and a year-on-year value growth of 10%. | The revenue, the way the accounting works because of our JV, the JV revenue doesn't get reflected into our top line. | We achieved sales volume of 5.25 million square feet in the quarter, and sales value of just over INR4,000 crores representing a quarter-on-quarter an… | This sales growth was on the back of both improving project mix as well as strong volume growth of 21% in Financial Year ‘24. | This was achieved through the sale of 25.73 million square feet of area, a volume growth of 29%. | This was achieved through the sale of 17,513 units with a total area of 27 million square feet, a year-on-year volume growth of 5%. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2023-02-08 | Q3FY23 | GODREJ PROPERTIES LIMITED | The Finance Minister has forecasted economic growth at 7% for the next financial year and with a planned capital expenditure of INR 10 lakh crores, a year-on-year increase of 33%, we expect robust economic growth, which will be very supportive of development of the real estate sector. |
| 2023-02-08 | Q3FY23 | GODREJ PROPERTIES LIMITED | We look forward to building on this momentum in the current quarter and hope to significantly exceed our annual guidance of INR 10,000 crores booking value for the year. |
| 2023-02-08 | Q3FY23 | GODREJ PROPERTIES LIMITED | For the financial year-to-date, we have added 15 new projects with an estimated sales potential in excess of INR 27,500 crores, thereby significantly exceeding our full year annual guidance of INR 15,000 crores of future booking value. |
| 2023-02-08 | Q3FY23 | GODREJ PROPERTIES LIMITED | I think year-to-date number of deliveries is, of course, very underwhelming, but we are on track for that 10 million square feet of guidance. |
| 2023-05-08 | Q4FY23 | GODREJ PROPERTIES LIMITED | More than double the guidance of INR15,000 crores given at the start of the year, and growing by more than 250% from the previous year’s actual. |
| 2023-05-08 | Q4FY23 | GODREJ PROPERTIES LIMITED | This combined with strong projects deliveries should allow us to maintain rapid growth in operating cash flows, and as we expect collection to register over INR10,000 crores this year. |
| 2023-08-08 | Q1FY24 | GODREJ PROPERTIES LIMITED | We remain confident of meeting our annual bookings guidance of INR14,000 crores. |
| 2023-11-06 | Q2FY24 | GODREJ PROPERTIES LIMITED | November 02, 2023 year and resilient demand, we are confident of exceeding our annual booking guidance of INR14,000 crores. |
| 2023-11-06 | Q2FY24 | GODREJ PROPERTIES LIMITED | We remain on track to achieve our guidance of INR10,000 crores of cash collections during the financial year. |
| 2023-11-06 | Q2FY24 | GODREJ PROPERTIES LIMITED | We added one new plotted development project in Nagpur with an estimated booking value of INR725 crores, taking our year-to-date total to five projects with an estimated booking value of INR7,175 crores, which is broadly in line with our full year guidance of INR15,000 crores of estimated booking value addition. |
| 2023-11-06 | Q2FY24 | GODREJ PROPERTIES LIMITED | Our commercial projects in partnership with Godrej Fund Management are at an advanced stage of development, and we expect four of these projects across Bangalore, NCR, and Pune, with a total area of 4.3 million square feet and a total steady state annual rental income potential of INR740 crores to receive their occupation certificate and start generating rental income in the upcoming financial year. |
| 2023-11-06 | Q2FY24 | GODREJ PROPERTIES LIMITED | Separately from that, we anticipate INR100 crores to INR200 crores will be required for the buyback. |