GODREJPROP
Godrej Properties Ltd
NSE BSELast Traded Price
₹1814.6
19.5 (1.09%)
Open
₹1804
High
₹1815.2
Low
₹1768.4
Prev Close
₹1795.1
Industry
Residential Commercial Projects
Market Cap
54660.56 Cr
Filing History
Recent corporate announcements and filings for 533150
Business Update
Positive
2026-10-27 17:15
Operational Performance
- Q2 FY27 booking value stood at ₹8,008 Cr; H1 FY27 bookings reached ₹16,669 Cr (up 7% YoY), achieving 43% of annual booking guidance.
- Sustenance sales surged 83% YoY to ₹5,054 Cr in Q2 FY27.
- Q2 collections grew 31% YoY to ₹5,318 Cr; operating cash flow jumped 33% YoY to ₹1,584 Cr.
- Q2 Total Income grew 38% YoY to ₹2,575 Cr, while EBITDA and PAT declined to ₹171 Cr and ₹154 Cr respectively due to back-ended completion timings.
Management Guidance & Outlook
- Confident of surpassing full-year guidance across all key operating metrics, targeting total bookings over ₹40,000 Cr in FY27.
- Guiding for ₹15,000 Cr collections and ₹7,000 Cr operating cash flow in H2 FY27, with high probability of turning FCF positive in Q4.
- Reaffirmed guidance of positive free cash flow and a 20% reported ROE in FY28.
- On track to achieve annual project delivery guidance of 13.5 million sq. ft.
Launch Pipeline & Growth Drivers
- Robust launch pipeline of ₹32,000 Cr for H2 FY27, including major projects like Bandra Bay and Gurugram Golf Course Extension.
- Added 4 new projects with expected booking value of ~₹15,500 Cr in H1 FY27, completing 78% of full-year BD guidance.
- Business development disciplined around hurdle rates of 20% IRR and 15% net profit margin.
Business Update
Positive
2026-10-27 17:14
Current Scenario & Operational Highlights
- Q2 FY27 booking value achieved was ₹8,008 Cr across 6.2 mn sq. ft., taking H1 FY27 bookings to ₹16,669 Cr (up 7% YoY).
- Sustenance sales surged 83% YoY to ₹5,054 Cr, driven by strong demand across major markets like Mumbai, Bengaluru, and NCR.
- Collections grew 31% YoY to ₹5,318 Cr in Q2, leading to operating cash flows of ₹1,584 Cr.
- Reported financial numbers were subdued (PAT of ₹154 Cr, down 62% YoY) due to the back-ended nature of project completion accounting deliveries.
Management Guidance & Outlook
- Management remains confident of surpassing full-year guidance across all key operating metrics.
- H2 FY27 launch pipeline stands at ₹32,000 Cr, with expected H2 bookings of ₹22,500 Cr to ₹25,000 Cr.
- Expects ₹15,000 Cr in collections and ₹7,000 Cr in operating cash flow in H2 FY27, driving positive free cash flow.
- Reaffirmed guidance for FY28 to deliver strong P&L recognition, positive free cash flow, and a 20% reported ROE.
Business Development & Growth Drivers
- Added 4 projects in H1 FY27 with estimated booking potential of ₹15,500 Cr (78% of full-year BD guidance achieved).
- Actively evaluating replacement inventory in high-absorption markets like Bengaluru, Mumbai, and NCR.
Business Update
Positive
2026-10-26 14:40
Godrej Properties unveiled the Pune edition of 'The Elevated Living Edit', highlighting that wellness, nature, and community define luxury for Pune's affluent homebuyers.
- The report was launched at Godrej Hill Retreat, Mahalunge, Pune, along with the inauguration of a 1,400 sq m Eco-Resort-themed clubhouse.
- The company stated it is on track to deliver over 4,000 homes in Pune by the end of FY27.
Business Update
Positive
2026-10-26 14:39
- Godrej Properties unveiled the Pune edition of 'The Elevated Living Edit', highlighting homebuying priorities of affluent consumers.
- Key findings show 74% prioritise wellness amenities, 78% seek yoga and meditation spaces, and 79% would invest in Pune's residential market again.
- The company announced it is on track to deliver over 4,000 homes in Pune by the end of FY27.
- Unveiled a 1,400 sq m Eco-Resort-themed clubhouse at Godrej Hill Retreat featuring resort-style amenities.
Business Update
Neutral
2026-10-23 19:25
- Godrej Properties Ltd has uploaded the audio recording of the earnings conference call held on October 23, 2026.
- The recording can be accessed on the company's official website under the investors section.
Business Update
Neutral
2026-10-23 19:14
- Godrej Properties Limited has informed the exchanges about the audio recording of the earnings conference call held on October 23, 2026.
- The audio recording has been made available on the company website for investors and analysts.
Business Update
Neutral
2026-10-23 12:35
- Booking value reached ₹8,008 Cr in Q2 FY27; collections rose 31% YoY to ₹5,318 Cr.
- Consolidated Total Income increased 38% YoY to ₹2,575 Cr.
- Net Profit fell 62% YoY to ₹154 Cr; EBITDA dropped 72% YoY to ₹171 Cr.
- Management guides for ₹15,000 Cr collections in H2 FY27 and 20% reported ROE in FY28.
Business Update
Neutral
2026-10-23 12:33
- Godrej Properties released its Q2 FY27 investor presentation.
- Developable portfolio stands at ~261 million sq. ft. across 127 projects in India.
- Construction and related cash outflow grew 42% YoY in H1 FY27.
- Strategic priority set to achieve 20% ROE starting from FY28.
Business Update
Neutral
2026-10-23 12:33
- Booking value reached ₹8,008 Cr in Q2 FY27; collections up 31% YoY to ₹5,318 Cr.
- Total Income rose 38% YoY to ₹2,575 Cr, while Net Profit dropped 62% YoY to ₹154 Cr.
- Management remains confident of surpassing full-year guidance with strong H2 launch pipeline.
Financials
Neutral
2026-10-23 12:31
Q2 FY27 Consolidated Revenue ₹1,935.17 Cr vs ₹740.38 Cr (▲161% YoY)
EBITDA ₹-465.39 Cr vs ₹-595.88 Cr
PAT ₹145.47 Cr vs ₹402.99 Cr (▼64% YoY)
EBITDA Margin -24.05% vs -80.48% (▲5643bps)
Financials
Neutral
2026-10-23 12:29
Q2 FY27 Consolidated Revenue ₹1,935.17Cr vs ₹740.38Cr (▲161% YoY)
EBITDA ₹-465.39Cr vs ₹-595.88Cr (Loss reduced YoY)
PAT ₹145.47Cr vs ₹402.99Cr (▼64% YoY)
EBITDA Margin -24.05% vs -80.48% (▲5643bps)
Business Update
Neutral
2026-10-23 12:28
- Godrej Properties released its Investor Presentation for Q2 and H1 FY27.
- The company targets to deliver a 20% ROE starting from FY28 while maintaining market share leadership.
- Total developable area stands at ~261 million sq. ft. across 127 projects as of September 30, 2026.
Financials
Neutral
2026-10-23 12:26
Q2 FY27 Consolidated Revenue ₹1,935.17 Cr vs ₹740.38 Cr (▲161.37% YoY)
EBITDA ₹-465.39 Cr vs ₹-595.88 Cr (Loss reduced)
PAT ₹145.47 Cr vs ₹402.99 Cr (▼63.90% YoY)
EBITDA Margin -24.05% vs -80.48% (▲5,643 bps YoY)
Business Update
Neutral
2026-10-14 15:06
Concall Schedule
Concall Date: October 23, 2026
Concall Time: 05:00 PM IST
Business Update
Positive
2026-10-11 14:28
Godrej Properties and RC Group, in partnership with BMC, inaugurated the newly developed pedestrian corridor along LK Mehta Marg as part of the Bandra Bay Beautification Initiative. This marks the first completed public infrastructure project under the larger plan to develop a green, walkable waterfront featuring public amenities.
Business Update
Positive
2026-10-11 14:27
- Godrej Properties and RC Group inaugurated the first milestone of the Bandra Bay Transformation in partnership with the BMC.
- The newly developed pedestrian corridor along LK Mehta Marg is the first completed public infrastructure project under the Bandra Bay Beautification Initiative.
- Phase 2 plans include connecting LK Mehta Marg directly to the waterfront, adding a green promenade, open lawns, pet park, and sports zones.
Business Update
Positive
2026-10-07 17:50
- Godrej Properties, in partnership with BMC and RC Group, announced the first phase of The Bayside Promenade at Bandra Bay.
- The project features a bayside walking track, a garden with lawns, and a lifestyle hub with a pet park, literature zone, and amphitheatre.
- The second phase will introduce a mini golf course and a dedicated activity and sports zone.
Business Update
Positive
2026-10-07 17:49
BMC partnered with Godrej Properties and RC Group to develop the first phase of 'The Bayside Promenade' at Bandra Bay.
- The project includes a walking track, landscaped garden, and lifestyle hub featuring a pet park, literature zone, and amphitheatre.
- A second phase will introduce a mini golf course and a dedicated activity/sports zone.
Business Update
Neutral
2026-10-05 16:43
Concall Schedule
Concall Date: October 23, 2026
Concall Time: 05:00 p.m. (IST)
Purpose: Discussion on Q2 FY2027 financial results.
Governance
Neutral
2026-10-05 16:33
- Board meeting scheduled on Friday, October 23, 2026.
- Agenda: Consider and approve Unaudited Standalone and Consolidated Financial Results for Q2 and half year ended September 30, 2026.
- Trading window closed from October 01, 2026 to October 25, 2026.
Routine
Negative
2026-10-01 20:04
CRITICAL RED FLAG DETECTED
- Godrej Properties received a letter from MoEFCC revoking the Environmental Clearance for its commercial building 'Godrej Eternia' in Chandigarh.
- The MoEFCC alleges the project is within 10 km of Sukhna Wildlife Sanctuary without NBWL clearance, which the company denies as the project is 6.6 km away (outside the notified 2.75 km ESZ).
- The company has appealed against the order before the National Green Tribunal (NGT) and considers the matter sub judice.
Business Update
Negative
2026-10-01 20:02
CRITICAL RED FLAG DETECTED
- Godrej Properties received a letter from MoEFCC revoking the Environmental Clearance for its commercial building project 'Godrej Eternia' in Chandigarh.
- The revocation is based on allegations that the project falls within 10 km of the Sukhna Wildlife Sanctuary without NBWL clearance.
- The company denies the allegations, stating the project is located 6.6 km away, well outside the notified 2.75 km ESZ.
- The company has appealed against the order before the National Green Tribunal (NGT).
Business Update
Positive
2026-09-28 06:17
- Godrej Properties has entered into a development agreement for a prime ~2.5-acre land parcel in Marine Lines, South Mumbai.
- The proposed luxury housing project has an estimated overall revenue potential of approximately ₹6,000 crore.
- The location offers strong connectivity and strategic advantage along Mumbai's iconic coastline and Coastal Road.
Business Update
Positive
2026-09-28 06:15
- Godrej Properties has entered into a development agreement for a prime 2.5-acre land parcel in Marine Lines, South Mumbai.
- The proposed luxury housing project has an estimated overall revenue potential of approximately ₹6,000 crore.
- This addition strengthens the company's footprint in the South and Central Mumbai luxury residential micro-markets.
Business Update
Positive
2026-09-23 15:43
- Godrej Properties celebrated its 100th home handover at Godrej Nest in Noida, under its 'Shubh Aarambh' initiative, with actor Sanya Malhotra surprising the 100th family.
- The company has delivered over 3,000 homes in Delhi-NCR in the last 12 months, reinforcing its focus on execution.
Business Update
Positive
2026-09-23 15:38
- Godrej Properties Ltd. celebrated the 100th home handover at Godrej Nest, Sector 150, Noida, with 'Shubh Aarambh'.
- Actor Sanya Malhotra surprised the 100th family during the handover.
- The company has delivered over 3,000 homes in Delhi-NCR in the last 12 months, including 120 recent handovers at Godrej Nest.
Governance
Positive
2026-09-21 15:50
- Godrej Properties Ltd. announced the results of its Postal Ballot, which concluded on September 19, 2026.
- The resolution for the re-designation of Mr. Pirojsha Godrej (DIN: 00432983) as the Non-Executive Non-Independent Director and Chairperson of the Company was approved by the Members.
- 99.61% of the votes polled were in favour of the resolution, with 0.39% against.
Governance
Neutral
2026-09-21 15:44
- Godrej Properties Limited announced the results of the remote e-Voting (Postal Ballot) for the special business transacted through a Notice dated August 13, 2026.
- The resolution for the re-designation of Pirojsha Godrej as Non-Executive Non-Independent Director and Chairperson of the Company was approved by members with a 99.61% vote in favour.
- The voting concluded on September 19, 2026.
Governance
Neutral
2026-09-21 15:41
- Results of remote e-Voting on the special business transacted through Postal Ballot dated August 13, 2026, for the re-designation of Pirojsha Godrej as Non-Executive Non-Independent Director and Chairperson of the Company.
- The resolution was approved by members with the requisite majority (99.61% in favor).
- The voting concluded on September 19, 2026.
Business Update
Positive
2026-09-19 13:25
- Godrej Properties Ltd. announced the opening of a new 24-metre-wide government road in Gurugram. It links Sector 49 to the Southern Peripheral Road (SPR), improving connectivity and enhancing Godrej Aristocrat's location advantage.
Business Update
Positive
2026-09-19 13:22
- Godrej Properties announced the opening of a new 24-metre-wide government road in Gurugram, linking Sector 49 to the Southern Peripheral Road (SPR). This infrastructure, built with the Haryana government, improves connectivity and enhances Godrej Aristocrat's location advantage.
Governance
Positive
2026-09-18 16:53
- Nomination and Remuneration Committee approved the grant of 1,238 stock options to eligible employees under GPL ESGS at an exercise price of ₹5 per option, vesting over three years.
- Noted the lapse of 985 previously issued stock grants under GPL ESGS.
Governance
Neutral
2026-09-18 16:44
- Nomination and Remuneration Committee approved the grant of 1,238 stock options under Godrej Properties Limited Employee Stock Grant Scheme, 2011 (GPL ESGS) to eligible employees at an exercise price of ₹5, vesting over 3 years.
- The committee also noted the lapse of 985 stock grants under GPL ESGS.
Governance
Positive
2026-09-18 16:40
- On September 18, 2026, the Nomination and Remuneration Committee approved the grant of 1,238 stock options under GPL ESGS at an exercise price of ₹5, vesting over 3 years.
- The Committee also noted the lapse of 985 stock grants under the same scheme.
Business Update
Neutral
2026-09-17 17:53
- Investor Meet Schedule
- Meet Date: Tuesday, September 22, 2026
- Event: JP Morgan India Conference 2026
- Type: 1-on-1/ Group Meeting
- Place: Mumbai
Business Update
Positive
2026-09-10 17:45
- Godrej Properties settled disputes with Orris Infrastructure Private Limited concerning the Godrej Air Project, Gurugram, via a Settlement Agreement dated August 25, 2026.
- The Hon'ble Bombay High Court has listed the matter for compliance reporting on September 24, 2026.
- The estimated financial impact of this settlement on the company is approximately INR 70 crore.
- The company will update public disclosure upon completion of actions under the Settlement Agreement.
Business Update
Positive
2026-09-10 16:45
- Godrej Properties settled a dispute with Orris Infrastructure concerning the Godrej Air Project, Gurugram, via a Settlement Agreement dated August 25, 2026.
- The estimated financial impact of the settlement is approximately ₹70 crore.
- The company will provide public disclosure upon completion of the settlement actions.
Business Update
Neutral
2026-09-08 18:51
- Analyst/Investor Meet Schedule
- Meet Date: September 16, 2026
- Event: Jefferies India Forum 2026
- Type: 1-on-1/Group Meeting
- Location: Gurgaon
- The company will present its latest quarterly investor presentation.
Business Update
Positive
2026-09-02 16:31
- ICRA Limited has reaffirmed and assigned credit ratings for Godrej Properties Ltd.'s instruments, effective September 02, 2026.
- Non-Convertible Debentures of ₹5,250 crore were reaffirmed at [ICRA]AA+ (Stable).
- Commercial Paper amount enhanced to ₹4,000 crore (from ₹3,500 crore) was reaffirmed/assigned at [ICRA]A1+.
- Long/Short Term Fund-based/Non-fund-based bank facilities amount enhanced to ₹13,000 crore (from ₹11,000 crore) were reaffirmed/assigned at [ICRA]AA+ (Stable) for long-term and [ICRA]A1+ for short-term rating.
Business Update
Positive
2026-09-02 16:24
- ICRA Limited reaffirmed and assigned credit ratings for Godrej Properties Ltd. on September 02, 2026.
- Non-Convertible Debentures rated [ICRA]AA+ (Stable) for ₹5,250 Cr.
- Commercial Paper rated [ICRA]A1+ for an enhanced amount of ₹4,000 Cr (from ₹3,500 Cr).
- Long/Short Term Bank Facilities rated [ICRA]AA+ (Stable) and [ICRA]A1+ for an enhanced amount of ₹13,000 Cr (from ₹11,000 Cr).
Business Update
Positive
2026-08-29 20:26
- Godrej Properties announced the opening of 'On Court', one of India's largest indoor padel facilities with four international-standard courts, at Godrej City, Panvel.
- World No. 1 and No. 2 ranked padel players, Arturo Coello and Agustín Tapia, attended the opening on August 29, 2026.
- A new phase of 3 and 4 bed Sky Villas was also launched at Godrej City, Panvel.
Business Update
Positive
2026-08-29 20:22
- Godrej Properties launched four international-standard indoor padel courts and a 9-hole golf course at Godrej City, Panvel on August 29, 2026.
- This development, part of a 145-acre mixed-use township, also includes a new phase of 3 and 4 bed Sky Villas.
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.
Business Update
Positive
2026-08-26 14:53
- India Ratings and Research Private Limited affirmed/assigned credit ratings for Godrej Properties Ltd.
- Commercial Paper rating: IND A1+ for ₹4,000 crore (enhanced from ₹3,500 crore).
- Non-Convertible Debentures rating: IND AA+ (Stable) for ₹4,500 crore (Affirmed).
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
Positive
2026-08-25 18:59
- NCLT approved the selective reduction of equity share capital of Godrej Redevelopers (Mumbai) Private Limited (GRMPL), a step-down subsidiary.
- 47.32% equity stake held by Shubh Properties Coöperatief U.A. was cancelled without consideration.
- Godrej Projects Development Limited's (GPDL) shareholding in GRMPL will increase from 51% to 96.81%.
Governance
Neutral
2026-08-20 11:55
- Postal Ballot Notice issued for the re-designation of Pirojsha Godrej (DIN: 00432983).
- Pirojsha Godrej to be re-designated as Non-Executive Non-Independent Director and Chairperson of the Company, effective August 14, 2026, as part of a planned generational transition.
- Consequent to this re-designation, he ceased to be a Key Managerial Personnel (KMP) of the Company.
- 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
2026-08-20 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.
Governance
Positive
2026-08-13 13:28
- Godrej Properties Ltd. announced the re-designation of Pirojsha Godrej from Whole-time Director (Executive Chairperson) to Non-Executive Non-Independent Director and Chairperson of the Company, effective August 14, 2026.
- He will cease to be a Key Managerial Personnel of Godrej Properties.
- This transition is part of a planned generational shift, with Pirojsha Godrej assuming broader leadership roles as Executive Chairperson of Godrej Industries Limited and Chairperson of the Godrej Industries Group, while continuing to provide strategic guidance to Godrej Properties.
Ownership
Neutral
2026-08-11 14:48
- On August 11, 2026, 535 stock grants were exercised by employees under the Godrej Properties Limited Employees Stock Grant Scheme, 2011, resulting in the allotment of 535 Equity Shares of face value Rs. 5 each.
- Consequently, the company's issued, subscribed, and paid-up capital increased to Rs.1,50,61,32,485, comprising 30,12,26,497 equity shares of Rs. 5 each.
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
2026-08-10 18:43
- NCLT Mumbai sanctioned the Scheme of Amalgamation of Embellish Houses Private Limited (Transferor Company) with Godrej Properties Limited (Transferee Company).
- The Scheme became effective on August 10, 2026, with an Appointed Date of November 01, 2025.
- Benefits include consolidation of real estate business, streamlined group 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
Neutral
2026-08-04 16:29
CRITICAL RED FLAG DETECTED
- The 41st Annual General Meeting (AGM) was held on August 04, 2026.
- A dividend of ₹10 (200%) per equity share was declared for the financial year ended March 31, 2026.
- Members approved the waiver for recovery of excess managerial remuneration paid to the Executive Chairperson for FY 2025-26.
- The company also approved not to fill the vacancy caused by the retirement of Mr. Nadir Godrej.
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)
Financials
Negative
2026-08-04 11:44
- Consolidated Total Income ₹1,337 Cr vs ₹1,593 Cr (▼16% YoY)
- EBITDA ₹545 Cr vs ₹915 Cr (▼40% YoY)
- PAT ₹350 Cr vs ₹600 Cr (▼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.
Business Update
Positive
2026-08-04 11:41
- Board of Directors approved the Scheme of Amalgamation of Godrej Housing Projects Private Limited (GHPPL) with Godrej Properties Limited (GPL) on August 04, 2026.
- GHPPL is an indirect wholly-owned subsidiary of GPL.
- Rationale includes consolidating real estate business, streamlining group structure, and improving operational efficiency.
- The scheme will not result in any change to 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)
Financials
Negative
2026-08-04 11:29
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹506.17 Cr vs ₹434.56 Cr (▲16.5% YoY)
- EBITDA ₹-293.5 Cr vs ₹-270.48 Cr (worsened by 8.5% YoY)
- PAT ₹349.38 Cr vs ₹598.40 Cr (▼41.6% YoY)
- EBITDA Margin -21.82% vs -16.69% (worsened by 513 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.