Godrej Properties Limited · NSE:GODREJPROP
Godrej Properties — Q2 FY26 Earnings Presentation
40 slides from Godrej Properties's earnings presentation, Nov 6, 2025
Slide 1: Exchange filing cover letter
Godrej Properties Limited Regd. Office: Godrej One 5th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (E), Mumbai – 400 079. India Tel.: +91-22-6169-8500 Website: www.godrejproperties.com CIN: L74120MH1985PLC035308 November 06, 2025 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumba
Slide 2: Results Presentation Second Quarter FY2026
R E S U LT S P R E S E N T A T I O N SECOND QUARTER, FINANCIAL YEAR 2026 1 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 3: Disclaimer
DISCLAIMER Some of the statements in this communication may be 'forward looking statements' within the meaning of applicable laws and regulations. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company's operation
Slide 4: Agenda
AGENDA Overview 01 Q2 FY26 Operational Highlights 02 Q2 FY26 Financial Highlights 03 Annexure 04 3 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 5: Godrej Industries Group
GODREJ INDUSTRIES GROUP • Established in 1897 Value Creation Track Record • $7 billion in annual revenue 24 year CAGR in ` 1 invested in Particulars stock price June 2001 is now worth • Group companies’ combined market cap over $25 billion • Over 1 billion people globally use a Godrej Industries Gro
Slide 6: Godrej Properties
GODREJ PROPERTIES • India’s largest residential real estate developer by booking value, booking volume, collections & operating cash flow in FY25 • Fastest growing sales (84%) for any large company in India across Chandigarh sectors in FY24* 0.5, 1 NCR • Successfully delivered ~69 million sq. ft. of
Slide 7: Strengths
STRENGTHS 1 Ÿ Over 1 billion people globally use a Godrej Industries Group product Godrej Brand Ÿ Godrej Properties ranked as the most trusted real estate brand in the 2023 Brand Trust Report Ÿ GPL brings the Godrej brands reputation for trust, quality and corporate governance to the real estate se
Slide 8: Stock Performance
STOCK PERFORMANCE An investment into GPL’s IPO would be worth ~5X an identical investment into the BSE Realty Index Value Creation Track Record 15 year CAGR in ` 1 invested in Particulars stock price January 2010 is now worth BSE Sensex 10.1% 4.57 Godrej Properties 14.6% 8.57 BSE Realty Index 3.6% 1
Slide 9: GPL's Trajectory: Strong Growth Momentum
GPL’S TRAJECTORY: STRONG GROWTH MOMENTUM Transformative Growth - Multi-fold acceleration across core metrics Booking Value Collections Operating Cash Flow (INR Crores) (INR Crores) (INR Crores) 2.7X 4.2X 17,047 7,484 3.7X 39% 62% 29,444 55% CAGR CAGR CAGR 6,359 7,861 1,761 FY22 FY25 FY22 FY25 FY22 F
Slide 10: Growth Consistency
GROWTH CONSISTENCY Increasing Market Share in a growing market Market Size & GPL's Market share 1000 Market Size (INR Crores) 5 -6% GPL's Market Share (%) 800 4.3% 600 2.4% 400 200 325K 690K 900-1000K 0 FY22 FY25 FY28 Source: PropEquity for Industry Data ; FY28 projections is assuming 10-13% growth
Slide 11: GPL's Strategic Priorities
GPL’S STRATEGIC PRIORITIES GPL intends to deliver 20% RoE by FY28 while retaining market share leadership across cycles 4 Key Core Operating Priorities Best Execution Robust Asset Superior Growth 1 2 3 4 Ecosystem Management Product Quality Consistency Ÿ Best-in-class scalable Ÿ Robust Play Book for
Slide 12: Agenda
AGENDA Overview 01 Q2 FY26 Operational Highlights 02 Q2 FY26 Financial Highlights 03 Annexure 04 11 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 13: Q2 FY26 Operational Highlights
Q2 FY26 OPERATIONAL HIGHLIGHTS Ÿ Q2 FY26 booking value grew 64% YoY and 20% QoQ to INR 8,505 crore. This was achieved through the sale of 4,522 homes with a total area of 7.14 million sq. ft. H1 FY26 booking value grew 13% YoY to INR 15,587 crore. This was achieved through the sale of 8,753 homes wi
Slide 14: Sales Highlights
SALES HIGHLIGHTS Particulars Q2 FY26 Q2 FY25 Growth Q1 FY26 Growth H1 FY26 H1 FY25 Growth Area Sold (million sq. ft.) 7.14 5.15 39% 6.17 16% 13.31 14.14 -6% Booking Value (INR Cr) 8,505 5,198 64% 7,082 20% 15,587 13,835 13% Customer Collections* 4,066 4,005 2% 3,670 11% 7,736 7,017 10% (INR Cr) *Net
Slide 15: Sales Highlights (Contd.)
SALES HIGHLIGHTS (CONTD.) Geographic distribution of Sales for Q2 FY26 BENGALURU MMR Registered booking value of INR 1,972 crore through sale of Registered booking value of INR 1,959 crore through sale of 868 homes with total sales of 1.60 million sq. ft. 696 homes with total sales of 1.04 million s
Slide 16: Project Booking
PROJECT BOOKING Booking Area Booking Value Particulars (mn. sq. ft.) (INR Cr) Q2 FY26 H1 FY26 Q2 FY26 H1 FY26 Godrej Regal Pavilion, Hyderabad 1.82 1.82 1,527 1,527 Godrej MSR City, Bengaluru 1.02 3.68 1,032 3,459 Godrej Tiara, Bengaluru 0.54 0.82 877 1,347 Godrej Sora, Gurugram 0.21 0.21 633 633 Go
Slide 17: Quarterly Sales Trend
QUARTERLY SALES TREND Quarterly Sales Value 10,163 9,519 8,637 8,505 7,082 (INR cr) 5,720 5,446 5,034 5,198 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Quarterly Sales Volume 8.99 8.17 7.52 7.14 (Million sq. ft.) 6.17 5.23 5.15 4.34 4.07 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q
Slide 18: Business Development
BUSINESS DEVELOPMENT • Added 4 new projects with an estimated saleable area of 5.82 million sq. ft. and expected booking value of INR 4,850 crore in Q2FY26. • In H1FY26, GPL has added 9 new projects with an estimated saleable area of 15.06 million sq. ft. and expected booking value of INR 16,250 cro
Slide 19: Construction Highlights
CONSTRUCTION HIGHLIGHTS Delivered ~2.2 million sq. ft. in Q2 FY26 Godrej Air, NCR 0.99 million sq. ft. GPL Economic Interest : Profit Share 37.5% Plotted Development Godrej Forest Estate, Nagpur 1.18 million sq. ft. GPL Economic Interest: Profit Share of 40% for 89.75% of area 18 | GODREJ PROPERTI
Slide 20: FY26 Guidance vs Actual
FY26 GUIDANCE VS ACTUAL FY25 FY26 FY26 YTD Updated Particulars Achievement (%) Actual Guidance Actual Assessment* Launch value (INR Crore) 36,600 40,000 18,600 47% Booking Value (INR Crore) 29,444 32,500 15,587 48% Customer Collections (INR Crore) 17,047 21,000 7,736 37% Deliveries# (Million Sq. Ft.
Slide 21: Sustainability – ESG Performance and CSR Impact
SUSTAINABILITY – ESG PERFORMANCE AND CSR IMPACT GPL ranks #1 globally in Real Estate and Management (REM) sector on the S&P Globals Dow Jones Best in class st indices for 2025 with a score of 89/100 (as on 31 October 2025) up from 79/100 in 2024 Recognised as a Global Sector Leader and Ranked #
Slide 22: Global Recognition for Sustainability Initiatives
GLOBAL RECOGNITION FOR SUSTAINABILITY INITIATIVES Ranked #1 amongst residential developers globally by GRESB (Global Real Estate Sustainability Benchmark) with a score of 100/100 21 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 23: Awards and Recognitions
AWARDS AND RECOGNITIONS Received 56 awards in Q2 FY26 ILLUSTRATIVE LIST OF AWARDS GODREJ PROPERTIES PROJECT AWARDS Ÿ Construction Week Awards 2025 Ÿ Godrej Aristocrat, NCR | Godrej Nautre Plus, NCR | Godrej Park Ridge, Pune | Winner Real Estate Company of the Year West Godrej Reserve, MMR Ÿ Real
Slide 24: Agenda
AGENDA Overview 01 Q2 FY26 Operational Highlights 02 Q2 FY26 Financial Highlights 03 Annexure 04 23 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 25: Consolidated Financial Statements – P&L
CONSOLIDATED FINANCIAL STATEMENTS – P & L (INR Cr) Particulars Q2 FY26 Q2 FY25 % Change Q1 FY26 % Change H1 FY26 H1 FY25 % Change Total Income 1,867 1,343 39% 1,593 17% 3,460 2,981 16% Adjusted EBITDA** 630 329 91% 925 -32% 1,555 1,181 32% EBITDA** 614 282 118% 915 -33% 1,529 1,056 45% Profit before
Slide 26: Consolidated Financial Statements - Cashflow
CONSOLIDATED FINANCIAL STATEMENTS - CASHFLOW (INR Cr) Notes Particulars Q2 FY26 H1 FY26 Operating cashflow Total operating cash inflow 1 4,556 8,690 Operating cash outflow A Construction & related outflow -1,615 -3,073 Other project related outflow -1,750 -3,480 Total operating cash outflow -3,366 -
Slide 27: Consolidated Financial Statements - BS
CONSOLIDATED FINANCIAL STATEMENTS - BS (INR Cr) Sr. No Particulars As on 30.09.2025 As on 31.03.2025 A Assets Unaudited Audited 1 Non Current assets a Property, Plant and Equipment 1,192.07 1,043.42 b Right-of-Use Asset 144.28 77.76 c Capital Work-In-Progress 87.12 113.13 d Investment Property 155.8
Slide 28: Consolidated Financial Statements - BS
CONSOLIDATED FINANCIAL STATEMENTS - BS (INR Cr) Sr. No Particulars As on 30.09.2025 As on 31.03.2025 B Equity and Liabilities Unaudited Audited 1 Equity a Equity share capital 150.60 150.59 b Other equity 18,160.46 17,161.87 c Non-controlling interest 263.54 261.27 Total Equity 18,574.60 17,573.73 2
Slide 29: Financial Analysis
FINANCIAL ANALYSIS Profitability Indicators (INR Cr) Particulars Q2 FY26 Q2 FY25 Q1 FY26 H1 FY26 H1 FY25 Adjusted EBITDA / Total Income** 33.7% 24.5% 58.1% 44.9% 39.6% EBITDA / Total Income* 32.9% 21.0% 57.5% 44.2% 35.4% PBT Margin % 30.3% 16.3% 54.0% 41.2% 31.4% Net Profit Margin %# 21.7% 25.0% 37.
Slide 30: Agenda
AGENDA Overview 01 Q1 FY26 Operational Highlights 02 Q1 FY26 Financial Highlights 03 Annexure 04 29 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 31: A. Residential Projects
A. RESIDENTIAL PROJECTS 30 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 32: A. Residential Projects
A. RESIDENTIAL PROJECTS 31 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 33: A. Residential Projects
A. RESIDENTIAL PROJECTS 32 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 34: A. Residential Projects
A. RESIDENTIAL PROJECTS Area share - 73% 33 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 35: B. Commercial Projects
B. COMMERCIAL PROJECTS 34 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 36: Thank You
THANK YOU For further information, please contact: Rajendra Khetawat Godrej Properties Limited Tel: +91 22 6169 8500 Fax: +91 22 6169 8888 Email: rajendra@godrejproperties.com 35 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY26
Slide 37: Press Release: Consolidated Financials for Q2 FY26 Results
GODREJ PROPERTIES LIMITED CIN : L74120MH1985PLC035308 Registered and Corporate Office: Godrej One, 5th Floor, Pirojshanagar, Vikhroli (E), Eastern Express Highway, Mumbai – 400079 PRESS RELEASE Consolidated Financials for Q2 FY26 Results Booking value grew 64% y-o-y and 20% q-o-q to INR 8,505 cror
Slide 38: Press Release: Project launches and business development
Godrej MSR City, Bengaluru, which was launched in Q1 FY26 and saw additional area being released in Q2 FY26, achieved a booking value of INR 1,032 crore, Godrej Tiara, Bengaluru, launched towards the end of Q1 FY26, achieved a booking value of over INR 877 crore, Godrej Sora in Golf Course Roa
Slide 39: Press Release: Total Income and Net Profit performance
Total Income grew by 39% to INR 1,867 crore as compared to INR 1,343 crore EBITDA grew by 118% to INR 614 crore as compared to INR 282 crore Net Profit grew by 21% to INR 405 crore as compared to INR 335 crore EPS# amounted to INR 13.45 as compared to INR 12.06 # not annualised H1 FY26 perfo
Slide 40: About Godrej Properties Limited
About Godrej Properties Limited: Godrej Properties brings the Godrej Industries Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines a 128-year legacy of excellence and trust with a commitment to cutting edge design,