Godrej Properties Ltd
NSE: GODREJPROP · Residential, Commercial Projects · sector
₹1,525.20NSE close 2026-10-26
Key numbers
Market cap₹45,942 cr
Price₹1,525.20
52w high / low₹2,352 / ₹1,434
P/E28.7xSector median 18.7x
P/B2.4xSector median 1.4x
Book value₹635.9
Dividend yield–Sector median 0.54%
ROE8.8%Sector median 5.5%
ROCE6.9%Sector median 6.5%
OPM-7.7%Sector median 12.1%
Debt / equity0.82xSector median 0.36x
EV/EBITDA–Sector median 17.7x
Interest cover17.2x
Current ratio1.27x
Sales growth 3y+31.6%Sector median +16.6%
Profit growth 3y+47.9%Sector median +28.0%
PEG0.65x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 141 companies in Residential, Commercial Projects (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹8,602 cr vs borrowings ₹15,615 cr (FY26): borrowings are higher by ₹7,013 cr.
- Borrowings rose in each of the last 3 years (₹6,412 cr → ₹15,615 cr).
- Operating profit covered interest 17.2x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 4.61 percentage points in a year, to 51.66% (2026-09-30).
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 183% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹1,525.20 on 2026-10-26: -35.2% from the 52-week high, +6.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹3,192.35 · low ₹1,497.20
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,093 | 969 | 2,122 | 435 | 740 | 498 | 3,458 | 506 |
| EBITDA | 32 | 28 | 75 | -270 | -513 | -204 | 608 | -294 |
| OPM % | 2.9% | 2.8% | 3.5% | -62.2% | -69.3% | -40.9% | 17.6% | -58.0% |
| Other income | 253 | 271 | 559 | 1,186 | 1,210 | 535 | 349 | 839 |
| Net profit | 335 | 163 | 382 | 600 | 405 | 195 | 650 | 350 |
| EPS (₹) | 12.06 | 5.70 | 12.68 | 19.92 | 13.45 | 6.48 | 21.58 | 11.62 |
| Revenue YoY | -32.3% | -48.6% | +63.0% | +16.5% | ||||
| Profit YoY | +20.8% | +20.0% | +70.1% | -41.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,825 | 2,252 | 3,036 | 4,923 | 5,131 | 5,203 |
| EBITDA | 133 | 248 | -130 | -74 | -476 | -402 |
| Net profit | 352 | 571 | 725 | 1,400 | 1,850 | 1,600 |
| EPS (₹) | 12.68 | 20.55 | 26.09 | 49.02 | 61.43 | 53.13 |
| Revenue growth | +23.4% | +34.8% | +62.2% | +4.2% | +12.7% | |
| Profit growth | +62.2% | +26.9% | +93.0% | +32.2% | +8.1% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +31.6% | +46.3% | +12.7% |
| Net profit | +47.9% | – | +8.1% |
| EPS | +44.1% | – | – |
| Share price | – | -28.2% (2y) | -31.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 9,264 | 9,993 | 17,312 | 19,156 |
| Borrowings | – | 6,412 | 10,656 | 12,561 | 15,615 |
| Cash & equivalents | – | 3,096 | 4,709 | 9,115 | 8,602 |
| Total assets | – | 23,105 | 35,735 | 55,466 | 81,894 |
| Fixed assets | – | 170 | 930 | 1,043 | 1,281 |
| Capital work in progress | – | 652 | 249 | 113 | 169 |
| Investments | – | 668 | 592 | 1,404 | 2,001 |
| Receivables | – | 359 | 310 | 434 | 554 |
| Inventory | – | 12,073 | 22,565 | 32,928 | 57,807 |
| Payables | – | 3,357 | 3,756 | 0 | 5,900 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -452 | -2,861 | -693 | -2,242 | -1,961 |
| Cash from investing | 124 | 1,134 | -2,080 | -4,273 | 622 |
| Cash from financing | 238 | 832 | 3,363 | 6,710 | 938 |
| Capex | 146 | 306 | 695 | 212 | 406 |
| Free cash flow | -598 | -3,166 | -1,388 | -2,454 | -2,368 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 6.2% | 7.3% | 8.1% | 9.7% |
| ROCE % | – | 6.4% | 5.4% | 6.3% | 7.7% |
| Debtor days | – | 58 | 37 | 32 | 39 |
| Inventory days | – | 3,548 | 4,555 | 4,110 | 7,155 |
| Payable days | – | 987 | 758 | 0 | 730 |
| Cash conversion cycle (days) | – | 2,619 | 3,834 | 4,142 | 6,464 |
| Working capital days | – | 1,035 | 1,169 | 1,288 | 1,159 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 51.66% |
| FIIs | 24.37% |
| DIIs | 9.71% |
| of which Mutual funds | 6.99% |
| of which Insurance | 1.86% |
| Government | 0.00% |
| Public (non-institutions) | 14.26% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 46.50% | 46.67% | 46.70% | 47.05% | 47.17% | 51.66% | 51.66% | 51.66% |
| Promoter group | % |
|---|---|
| Godrej Industries Limited | 44.77% |
| Anamudi Real Estates LLP | 4.50% |
| Innovia Multiventures LLP (Formerly known as Innovia Multiventures Private Limited) | 1.40% |
| Godrej Seeds & Genetics Limited | 0.69% |
| Nadir Godrej, Hormazd Godrej and Rati Godrej (Trustees of HNG Family Trust) | 0.05% |
| Nisaba Godrej and Pirojsha Godrej (Trustees of NG Family Trust) | 0.05% |
| Nadir Godrej, Hormazd Godrej and Rati Godrej (Trustees of BNG Family Trust) | 0.05% |
| Pirojsha Godrej and Nisaba Godrej (Trustees of PG Family Trust) | 0.05% |
| Tanya Dubash and Pirojsha Godrej (Trustees of TAD Family Trust) | 0.05% |
| Nadir Godrej, Hormazd Godrej and Rati Godrej (Trustees of SNG Family Trust) | 0.05% |
| Nadir Burjor Godrej | 0.00% |
| Nisaba Godrej | 0.00% |
| Pirojsha Adi Godrej | 0.00% |
| Tanya Arvind Dubash | 0.00% |
| Burjis Nadir Godrej | 0.00% |
| Public holders above 1% | % |
|---|---|
| Godrej & Boyce MFG Co Ltd | 3.54% |
| Gamnat PTE. Ltd. | 2.38% |
| Government of Singapore | 1.91% |
| Monetary Authority of Singapore | 1.44% |
| Tata Nifty Midcap 150 Index Fund | 1.37% |
| Government Pension Fund Global | 1.13% |
1,97,705 shareholders. Pledged: 0.00% of promoter shares.
Peers in Residential, Commercial Projects
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DLF | ₹1,63,939 cr | 35.9x | 3.6x | 10.3% | 6.3% | 14.8% | +12.9% | 0.90% |
| LODHA | ₹97,912 cr | 23.7x | 4.2x | 19.0% | 17.9% | 32.2% | +20.8% | 0.43% |
| PHOENIXLTD | ₹67,737 cr | 52.9x | 6.2x | 11.9% | 15.4% | 59.1% | +18.8% | 0.13% |
| PRESTIGE | ₹60,152 cr | 52.8x | 3.7x | 7.2% | 10.5% | 28.1% | +15.1% | 0.12% |
| OBEROIRLTY | ₹57,522 cr | 21.9x | 3.0x | 14.7% | 16.9% | 57.1% | +12.8% | 0.51% |
| GODREJPROP | ₹45,942 cr | 28.7x | 2.4x | 8.8% | 6.9% | -7.7% | +31.6% | – |
| BRIGADE | ₹17,781 cr | 25.6x | 2.6x | 11.2% | 10.9% | 27.0% | +18.3% | 0.35% |
| ANANTRAJ | ₹16,514 cr | 27.8x | 2.9x | 11.6% | 11.1% | 27.0% | +37.9% | 0.15% |
| SOBHA | ₹12,247 cr | 64.1x | 2.6x | 4.1% | 6.5% | 6.5% | +16.2% | 0.26% |
| ABREL | ₹12,035 cr | – | 3.2x | -3.1% | -4.4% | -88.7% | -56.1% | 0.18% |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Real Estate | ₹476 cr | 94.1% | ₹473 cr | 99.3% |
| Hospitality | ₹30 cr | 5.9% | ₹7 cr | 23.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-28 | Dividend | Dividend - Rs 10 Per Share |
| 2015-07-27 | Dividend | Annual General Meeting/Dividend - Rs 2/- Per Share |
| 2014-07-28 | Dividend | Annual General Meeting And Dividend - Rs.2/- Per Share |
| 2013-11-21 | Split | Face Value Split From Rs.10/- To Rs.5/- |
| 2013-08-19 | Rights | Rights 8:29 @ Premium Rs.315/- Per Equity Share |
| 2013-07-02 | Dividend | Annual General Meeting And Dividend - Rs.4/- Per Share |
| 2012-07-19 | Dividend | Annual General Meeting And Dividend - Rs.3/- Per Share |
| 2011-07-14 | Dividend | Dividend-Rs.4.50 Per Share |
| 2010-07-08 | Dividend | Final Dividend-Rs.4/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Real Estate Development: Development of Building Projects for sale
| Sector | Consumer Discretionary |
| Industry | Residential, Commercial Projects |
| Sub-industry | Residential, Commercial Projects |
| Symbol | GODREJPROP |
| BSE code | 533150 |
| ISIN | INE484J01027 |
| Face value | ₹5.0 |
| Incorporated | 1985-02-08 |
| Website | http://www.godrejproperties.com |
| Plants (India / abroad) | 93 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.