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Godrej Properties GODREJPROP

Pan-India residential developer, largely through joint-development and outright land deals in MMR, NCR, Pune, Bengaluru and Hyderabad

Mapped in 1 theme: Real Estate.

From publicly available information

Where Godrej Properties sits in the supply chain

Godrej Properties appears in 2 supply-chain layers in one theme, Real Estate.

Revenue and profit

₹ CrFY24FY25FY26
Revenue3,0364,9235,131
Net profit7471,3891,841

Latest-year revenue ₹5,131 Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths

  • Largest Indian developer by booking value for three years running: record FY26 bookings of ₹34,171 Cr (+16%), beating guidance by 5%
  • Record FY26 operating cash flow (~₹7,830 Cr) and FY27 bookings guidance of ₹39,000 Cr
  • Godrej brand and a multi-city land pipeline added through JDAs and outright buys

Risks

  • Reported profit lags bookings because revenue is recognised on completion; reported ROE is still single-digit
  • Aggressive land buying lifts net debt if sales slow
  • Stock has fallen in the year to Oct 2026 as the housing cycle cooled

Common questions

What does Godrej Properties do?

Pan-India residential developer, largely through joint-development and outright land deals in MMR, NCR, Pune, Bengaluru and Hyderabad.

Where does Godrej Properties sit in the supply chain?

Godrej Properties (NSE: GODREJPROP) is mapped in 2 supply-chain layers: Residential developers (Real Estate) and Land banks & approvals (Real Estate).

Who are Godrej Properties' peers?

In the Residential developers layer of Real Estate: DLF, Prestige Estates Projects, Lodha Developers (Macrotech), Oberoi Realty, Signatureglobal (India), Sobha and 3 more.

What is Godrej Properties' market cap and valuation?

As of 30 Oct 2026: market cap ₹46,962 Cr, P/E 34.4x, ROCE 7.6%, ROE 8.8%, dividend yield 0.64%.