GODREJPROP
Godrej Properties Limited
NSELast Traded Price
₹2029.1
-40.3 (-1.95%)
Open
₹2075.4
High
₹2083.3
Low
₹2024.5
Prev Close
₹2069.4
Industry
Residential Commercial Projects
Market Cap
61121.87 Cr
Filing History
Recent corporate announcements and filings for GODREJPROP
Business Update
Neutral
2026-08-27 20:06
- Intimation of Analyst/Institutional Investor Meet Schedule
- Concall Date: Tuesday, September 01, 2026
- Concall Time: Not explicitly mentioned, but it's a 1-on-1/Group Meeting organized by Elara Securities Ltd. in Mumbai.
Business Update
Positive
2026-08-26 15:12
- India Ratings affirmed/assigned credit ratings for Godrej Properties Ltd.
- Commercial Paper: IND A1+ (enhanced from ₹3,500 Cr to ₹4,000 Cr).
- Non-Convertible Debentures: IND AA+ (Stable), affirmed for ₹4,500 Cr.
Ownership
Positive
2026-08-25 19:03
- NCLT approved selective capital reduction in Godrej Redevelopers (Mumbai) Private Limited (GRMPL), a step-down subsidiary of Godrej Properties Limited. This was achieved by cancelling 47.32% equity held by Shubh Properties Coöperatief U.A. without consideration. As a result, Godrej Projects Development Limited's (GPDL's) shareholding in GRMPL will increase from 51% to 96.81%.
Governance
Neutral
2026-08-20 11:51
- Postal Ballot Notice for re-designation of Pirojsha Godrej from Whole-time Director (Executive Chairperson) to Non-Executive Non-Independent Director and Chairperson of the Company.
- He will cease to be Key Managerial Personnel upon re-designation, effective August 14, 2026.
- Remote e-Voting will be available from August 21, 2026, to September 19, 2026.
- Results of the Postal Ballot will be declared on or before September 21, 2026.
Governance
Neutral
2026-08-13 13:29
- Pirojsha Godrej re-designated from Whole-time Director (Executive Chairperson) to Non-Executive Non-Independent Director (Non-Executive Chairperson) of Godrej Properties Ltd.
- Effective August 14, 2026, he will also become Executive Chairperson of Godrej Industries Limited and Chairperson of the Godrej Industries Group.
- He will cease to be a Key Managerial Personnel of Godrej Properties Ltd.
Ownership
Neutral
2026-08-11 14:47
- On August 11, 2026, 535 employee stock grants were exercised and allotted as 535 Equity Shares (face value Rs. 5 each) under the GPL ESGS, 2011.
- This increased the company's issued, subscribed, and paid-up capital to Rs. 1,50,61,32,485, comprising 30,12,26,497 equity shares.
Governance
Positive
2026-08-10 18:50
- NCLT Mumbai Bench sanctioned the Scheme of Amalgamation of Embellish Houses Private Limited (Transferor) with Godrej Properties Limited (Transferee).
- The NCLT order was pronounced on July 8, 2026, and the scheme became effective on August 10, 2026, upon filing with ROC.
- The Appointed Date for the scheme is November 01, 2025.
- The amalgamation aims for business consolidation, streamlined structure, operational efficiency, and cost reduction.
Business Update
Positive
2026-08-06 17:33
- Company achieved a booking value of INR8,651 crores in Q1 FY27, a 22% YoY growth, with collections at INR4,348 crores (▲18% YoY).
- While Q1 FY27 total income, EBITDA, and net profit declined due to project completion timing, the full-year guidance for booking value of INR39,000 crores, collections of INR24,000 crores, and OCF of INR9,000 crores (expected to increase significantly from weak Q1) is maintained.
- Added 3 new projects in Q1 FY27 with an estimated booking value of INR9,500 crores, achieving 48% of the annual business development guidance.
- On track to deliver 13.5 million square feet in FY27 and achieve 20% Return on Equity (ROE) in FY28, with expectations to be free cash flow positive in FY28.
- A robust launch pipeline is planned for FY27, including major projects in Bandra and Gurugram, alongside launches in Bengaluru, Hyderabad, Pune, Noida, Panvel, and Ahmedabad.
- Management noted reversal of cost inflation trends, with steel costs down by approximately 12%.
Governance
Positive
2026-08-04 19:07
- Godrej Properties Limited announced the voting results of its 41st Annual General Meeting held on August 04, 2026.
- All resolutions were approved by the members with requisite majority.
- Key approvals included adoption of financial statements, declaration of a dividend of ₹10 (200%) per equity share, and waiver for recovery of excess managerial remuneration.
Business Update
Neutral
2026-08-04 18:50
- The Company has uploaded the audio recording of the earnings conference call with investors/analysts held on August 04, 2026.
- The recording is accessible on the company's website at https://www.godrejproperties.com/investors/financials.
Governance
Positive
2026-08-04 16:28
- 41st Annual General Meeting (AGM) held on August 04, 2026.
- Members adopted the audited financial statements for FY ended March 31, 2026, and approved a dividend of Rs. 10 (200%) per equity share.
- Resolutions also included ratifying cost auditor remuneration and approving non-executive director remuneration.
Financials
Neutral
2026-08-04 11:47
- Consolidated Total Income ₹1,337Cr vs ₹1,593Cr (▼16% YoY)
- EBITDA ₹545Cr vs ₹915Cr (▼40% YoY)
- PAT ₹350Cr vs ₹600Cr (▼42% YoY)
- EBITDA Margin 40.76% vs 57.44% (▼1668bps)
Business Update
Positive
2026-08-04 11:44
- Godrej Properties Limited (GPL) Board of Directors approved the Scheme of Amalgamation of Godrej Housing Projects Private Limited (GHPPL) with GPL on August 04, 2026.
- GHPPL is an indirect wholly-owned subsidiary of GPL.
- The amalgamation aims to consolidate real estate business, streamline group structure, improve operational efficiency, and reduce costs.
- There will be no change in GPL's shareholding pattern as no new shares are being issued.
Business Update
Positive
2026-08-04 11:41
- Godrej Properties Limited's Board approved the scheme of amalgamation of its indirect wholly-owned subsidiary, Godrej Housing Projects Private Limited (GHPPL), with GPL on August 04, 2026.
- The amalgamation aims to consolidate real estate business, streamline group structure, and achieve operational efficiencies and cost rationalization.
- The scheme is subject to requisite approvals including NCLT, shareholders, and creditors, with no change expected in GPL's shareholding pattern.
Financials
Negative
2026-08-04 11:30
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹506.17 Cr vs ₹434.56 Cr (▲16.48% YoY)
- EBITDA ₹553.9 Cr vs ₹942.49 Cr (▼41.23% YoY)
- PAT ₹349.38 Cr vs ₹598.40 Cr (▼41.61% YoY)
- Adjusted EBITDA Margin 41.66% vs 58.09% (▼1643 bps)
Business Update
Positive
2026-07-21 19:33
- Godrej Properties fully repaid ₹750 Cr Non-Convertible Debentures (NCDs) on July 03, 2026.
- ICRA withdrew the credit rating for the repaid NCDs due to full redemption.
- Ratings for other existing instruments, including NCDs worth ₹5,250 Cr, Commercial Paper, and bank facilities, were reaffirmed by ICRA.
Business Update
Positive
2026-07-09 16:49
- NCLT, Mumbai, sanctioned the Scheme of Amalgamation of Embellish Houses Private Limited (wholly-owned subsidiary) with Godrej Properties Limited on July 8, 2026.
- The amalgamation aims to consolidate real estate business, streamline the group structure, and achieve operational efficiencies and cost reduction.
- The scheme will become effective upon filing the certified order with the Registrar of Companies.
Governance
Positive
2026-07-09 16:45
- NCLT Mumbai sanctioned the Scheme of Amalgamation of Embellish Houses Private Limited (wholly-owned subsidiary) with Godrej Properties Limited on July 8, 2026.
- The scheme is expected to bring operational efficiency, a streamlined structure, and cost reduction for the company.
- The scheme will become effective upon filing the certified order with the Registrar of Companies.
Financials
Positive
2026-07-09 14:15
- Board recommended a dividend of ₹10 (200%) per equity share for FY ended March 31, 2026.
- Record date for dividend entitlement is July 28, 2026, with AGM for approval on August 4, 2026.
- Dividend income is taxable; shareholders must update PAN and other details by July 28, 2026, for correct TDS.
- Dividends will be paid electronically.
Governance
Positive
2026-07-08 22:44
- The 41st Annual General Meeting (AGM) will be held on Tuesday, August 4, 2026, at 2:30 p.m. (IST) via VC/OAVM.
- A dividend of ₹10 per share (face value ₹5 each) has been recommended.
- The Record Date for Dividend and Cut-off date for e-voting is Tuesday, July 28, 2026.
- Web-links and QR codes are provided for accessing the AGM Notice and Integrated Annual Report for FY 2025-26.
- Instructions for shareholders to update KYC details for dividend payments are also included.
Governance
Negative
2026-07-08 15:47
CRITICAL RED FLAG DETECTED
- Notice of the 41st Annual General Meeting (AGM) to be held on Tuesday, August 04, 2026, at 02:30 p.m. (IST) via Video Conferencing (VC)/Other Audio-Visual Means (OAVM).
- Agenda includes adoption of financial statements for FY 2025-26 and declaration of a dividend of ₹10 (200%) per equity share.
- Shareholders will vote on waiving the recovery of excess managerial remuneration (₹21.76 crore) paid to Mr. Pirojsha Godrej for FY 2025-26 due to inadequate standalone profits.
- Mr. Nadir Godrej will retire by rotation (age 75), and his vacancy will not be filled.
Business Update
Negative
2026-07-03 22:14
CRITICAL RED FLAG DETECTED
- Godrej Properties received a ₹10,00,000 penalty from CGRERA.
- Penalty for alleged contravention of RERA Act, Section 3(1), regarding advertising a project prior to registration.
- Company states no material impact and plans legal remedies, claiming third-party ads.
Business Update
Positive
2026-07-01 06:13
- Godrej Properties Ltd. emerged as the highest bidder for a 4.95-acre residential land parcel in Sector 151, Noida.
- Acquisition Cost: ₹331.75 Cr.
- Estimated Revenue Potential: Over ₹2,000 Cr.
- Development Type: Residential group housing project.
Business Update
Positive
2026-06-30 05:57
- Godrej Properties Limited (GPL) acquired a ~47 acre land parcel through an outright purchase in South Chennai, off Old Mahabalipuram Road (OMR).
- The proposed development will comprise primarily plotted residential units with an estimated developable potential of ~1.2 million square feet.
- This project has an estimated revenue potential of ~INR 500 crore.
Business Update
Positive
2026-06-09 12:46
- Sales Achievement: Godrej Properties Ltd. sold homes at the launch of Godrej Vanantara in Bengaluru
- Sales Value: Over INR 2,000 crore
- Units Sold: Over 1000 homes
- Area Sold: Over 1.8 million square feet
- Launch Date: 1st week of June 2026
Ownership
Neutral
2026-06-01 14:51
Godrej Properties Ltd. allotted 18,221 Equity Shares of face value Rs. 5 each to option grantees under its Employees Stock Grant Scheme, 2011, on June 01, 2026. This allotment increases the company's issued, subscribed, and paid-up capital to Rs. 1,50,61,29,810, now consisting of 30,12,25,962 equity shares.
Business Update
Positive
2026-06-01 05:59
Godrej Properties Ltd. won an auction for a 23.2-acre residential land parcel in the DMIC integrated township, Greater Noida. This development is expected to offer an estimated revenue potential of over INR 7,000 crore.
Business Update
Neutral
2026-05-29 17:47
Godrej Properties Limited announced an Analyst/Institutional Investor Meet scheduled for Thursday, June 04, 2026, in Mumbai. The company officials will engage in multiple 1-on-1 and group meetings, presenting the latest quarterly investor presentation. The schedule is subject to change.
Business Update
Positive
2026-05-22 11:31
Godrej Properties Ltd. has partnered with Tata Projects for construction contracts valued at approximately INR 1,100 crore. These contracts are for the core and shell construction of three luxury residential developments (Godrej Sora, Godrej Astra, and Godrej Samaris) along Golf Course Road in Gurgaon. This marks Godrej Properties' largest single construction contract award to date, aiming to strengthen execution and enhance delivery timelines for these key projects.
Business Update
Positive
2026-05-06 18:42
Management guided for FY27 residential bookings of over INR39,000 crores, representing a 20% increase over FY26 guidance, and collections to grow by 20% to over INR24,000 crores. The company aims for a 20% Return on Equity (ROE) by FY28. Godrej Properties recorded its best-ever year in FY26 across bookings, collections, operating cash flow, and earnings, adding INR42,100 crores in future sales potential, exceeding guidance by 200%. A strong launch pipeline for FY27 is expected across key markets. The company expects FY28 to be strongly free cash flow positive and plans for consistent, growing dividends. Volume and value growth are anticipated to be roughly equal, and potential cost impacts from the Middle East situation are deemed manageable.
Routine
Neutral
2026-05-04 20:07
New Filing detected. See link for details.
Governance
Positive
2026-05-04 13:28
Godrej Properties Ltd. announced a dividend of ₹10 per equity share (200%) for FY26, subject to approval at the 41st Annual General Meeting scheduled for August 04, 2026. Mr. Nadir Godrej, Non-Executive Non-Independent Director, will retire effective August 04, 2026, upon reaching 75 years of age. The Board also granted an enabling approval to raise funds up to ₹3,000 crore through the issuance of debt securities via private placement.
Governance
Negative
2026-05-04 13:28
CRITICAL RED FLAG DETECTED
The Board of Directors of Godrej Properties Ltd. recommended a dividend of ₹10 per equity share (200%) for the financial year ended March 31, 2026. The 41st Annual General Meeting will be held on August 04, 2026, with July 28, 2026, as the record date for the dividend. Mr. Nadir Godrej will retire as a Non-Executive Non-Independent Director of the Company, effective from the conclusion of the 41st AGM, upon attaining 75 years of age. The Board also approved raising funds up to ₹3,000 crore through the issuance of debt securities.
Governance
Positive
2026-05-04 13:21
Godrej Properties Ltd. announced a dividend of ₹10 per equity share (200%) for the financial year ended March 31, 2026. The 41st Annual General Meeting will be held on August 04, 2026, with July 28, 2026, as the record date for the dividend. Mr. Nadir Godrej will retire as a Non-Executive Non-Independent Director of the Company effective from the conclusion of the 41st AGM due to attaining 75 years of age. The Board also granted an enabling approval to raise funds up to ₹3,000 crore through the issuance of Non-Convertible Debentures/Debt Securities via private placement.
Governance
Positive
2026-05-04 13:14
Godrej Properties' Board recommended a dividend of ₹10 per equity share (200%) for FY26. The 41st AGM will be held on August 04, 2026, with July 28, 2026, as the record date for dividend. Mr. Nadir Godrej will retire as Non-Executive Non-Independent Director post-AGM due to attaining 75 years of age. The Board also approved raising funds up to ₹3,000 crore via Non-Convertible Debentures/Debt Securities through private placement.
Routine
Neutral
2026-05-04 13:14
New Filing detected. See link for details.
Financials
Positive
2026-05-04 12:48
Consolidated Revenue ₹3,895Cr vs ₹2,646Cr (▲47% YoY), EBITDA ₹959Cr vs ₹634Cr (▲51% YoY), PAT ₹650Cr vs ₹382Cr (▲70% YoY). EBITDA Margin 24.6% vs 24.0% (▲66bps). The company also reported highest ever annual net profit, bookings, collections, and operating cash flow in FY26, and recommended a dividend of INR 10 per share.
Routine
Neutral
2026-05-04 12:35
New Filing detected. See link for details.
Governance
Positive
2026-05-04 10:41
The Nomination and Remuneration Committee of Godrej Properties Limited, at its meeting on May 04, 2026, approved the grant of 29,371 stock options to eligible employees under the GPL ESGS. These options have an exercise price of ₹5 per option and will vest over three years. The committee also noted the lapse of 3,418 previously issued stock grants.
Governance
Neutral
2026-04-29 15:50
Godrej Properties Ltd. announced changes in its Senior Management Personnel. Mr. Lalit Makhijani, Chief Sales, Marketing and Customer Centricity Officer, has resigned effective June 30, 2026. Concurrently, Mr. Subhasish Pattanaik, previously Zonal CEO – West East, is appointed as the new Chief Sales, Marketing and Customer Centricity Officer, and Mr. Mayank Poddar, previously Head - Strategic Initiatives, is appointed as Zonal CEO – West East, both effective July 1, 2026.
Financials
Neutral
2026-04-27 19:13
Godrej Properties Ltd. announced an investor and analyst conference call to discuss its Q4 FY2026 results. The call is scheduled for Monday, May 4, 2026, at 5:00 PM IST, and will include a management discussion and Q&A session.
Business Update
Positive
2026-04-10 05:57
Godrej Properties achieved its highest ever full-year bookings of INR 34,171 Cr (▲16% YoY) and collections of INR 19,965 Cr (▲17% YoY) in FY2026. Operating cash flow rose 5% YoY to INR 7,830 Cr. It also added INR 42,100 Cr in future sales potential, marking a best-ever year for business development. Promoters also increased their stake in GPL.
Routine
Neutral
2026-04-09 18:04
New Filing detected. See link for details.
Routine
Neutral
2026-04-09 18:02
New Filing detected. See link for details.
Business Update
Positive
2026-04-09 17:59
Godrej Properties Limited will participate in an Analyst/Institutional Investor Meet on April 14, 2026, in Singapore. Multiple investors will attend 1-on-1/Group meetings where the latest quarterly investor presentation will be shared.
Routine
Neutral
2026-04-09 16:37
New Filing detected. See link for details.
Business Update
Positive
2026-03-18 06:26
Godrej Properties Limited announced the acquisition of a ~20-acre land parcel near Whitefield, Bengaluru. The company plans to develop a premium residential project on this site with an estimated revenue potential of approximately INR 1,350 Crore, further strengthening its presence in a key residential micro-market.
Business Update
Positive
2026-03-13 05:45
Godrej Properties Limited acquired a 44-acre land parcel in Coimbatore for a plotted residential project. The development has a potential of 1.1 million sq. ft. and an estimated revenue potential of ₹450 crore, marking the company's entry into Coimbatore.
Ownership
Positive
2026-03-09 14:29
Godrej Properties Limited allotted 1397 equity shares of face value Rs. 5 each on March 09, 2026, following the exercise of stock grants under the GPL ESGS. This resulted in an increase in the company's issued, subscribed, and paid-up capital.
Business Update
Positive
2026-03-04 05:51
Godrej Properties acquired an 11.36-acre land parcel in Gurugram for residential development, with an estimated revenue potential of over INR 4,500 crore. This acquisition contributes to over INR 40,000 crore in future sales potential for FY26, marking their best year for business development.
Business Update
Positive
2026-03-04 05:44
Godrej Properties Limited won a bid for a ~5-acre land parcel off EM Bypass, Kolkata, on March 04, 2026. The proposed residential development is expected to generate an estimated revenue potential of INR 1,650 crore.
Business Update
Positive
2026-02-23 05:44
Godrej Properties Ltd. announced a joint development agreement to develop an 18-acre land parcel in Thane, Mumbai. The largely residential project has an estimated revenue potential of over INR 7,500 crore, supporting the company's growth.
Business Update
Neutral
2026-02-19 17:23
Godrej Properties Limited will participate in an Analyst/Institutional Investor Meet organized by IIFL Securities Ltd. on February 25, 2026, in Mumbai. The latest quarterly investor presentation will be discussed during the 1-on-1/Group Meeting.
Business Update
Positive
2026-02-10 18:28
Transcript of Q3 FY'26 Earnings Conference Call. For Q3, Net Profit grew 20% YoY to INR195 crores, EBITDA grew 21% YoY to INR338 crores. Booking value surged 55% YoY to INR8,421 crores. Company achieved highest ever Q3 & 9-month net profit, affirming strong performance and growth prospects.
Business Update
Neutral
2026-02-06 17:19
Godrej Properties Limited will participate in an Investor Conference organized by Axis Capital Limited on Wednesday, February 11, 2026, in Mumbai. The company's latest quarterly investor presentation will be presented during the 1-on-1/Group Meeting.
Routine
Neutral
2026-02-05 23:50
New Filing detected. See link for details.
Routine
Neutral
2026-02-05 23:49
New Filing detected. See link for details.
Routine
Neutral
2026-02-05 23:48
New Filing detected. See link for details.
Routine
Neutral
2026-02-05 23:47
New Filing detected. See link for details.
Routine
Positive
2026-02-05 23:39
Godrej Properties Limited submitted the Monitoring Agency Report from ICRA Limited for the quarter ended December 31, 2025. The report confirms no deviation in the utilization of proceeds raised through Qualified Institutional Placement (QIP) from the objects of the issue. The actual net proceeds were INR 5,921.00 Crore.
Business Update
Neutral
2026-02-05 23:34
Godrej Properties Limited announced the upload of the audio recording of its earnings conference call with investors/analysts, held on Thursday, February 05, 2026, which is accessible on the company's website under the 'investors/financials' section.