Godrej Properties Limited · NSE:GODREJPROP
Godrej Properties — Q4 FY2026 Earnings Presentation
48 slides from Godrej Properties's earnings presentation, May 4, 2026
Slide 1: Results Presentation Filing Cover Letter to Stock Exchanges
Godrej Properties Ltd. Godrej One, 5th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (E), Mumbai- 400 079. India Tel.: +91-22-6169-8500 Fax: +91-22-6169-8888 Website: www.godrejproperties.com CIN: L74120MH1985PLC035308 May 04, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumba
Slide 2: Results Presentation Fourth Quarter, Financial Year 2026
Results Presentation Fourth Quarter, Financial Year 2026
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 FY26 Operational Highlights 02 Q4 FY26 Operational Highlights 03 Q4 FY26 Financial Highlights 04 Annexure 05 3 | Godrej Properties | Results Presentation Q4 FY26
Slide 5: Godrej Industries Group
Godrej Industries Group • Established in 1897 Value Creation Track Record • $7 billion in annual revenue 25-year CAGR ₹ 1 invested in June Particulars in stock price 2001 is now worth • Group companies’ combined market cap over $20 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 Chandigarh volume and collections in both FY25 and FY26 0.5, 1 NCR 47.8, 31 • Successfully delivered ~78 million sq. ft. of real estate since FY18 • ~250 million sq. ft. of saleable area across India Ahme
Slide 7: Strengths
Strengths • Over 1 billion people globally use a Godrej Industries Group product1 Godrej Brand • Godrej Properties ranked as the most trusted real estate brand in the 2023 Brand Trust Report • GPL brings the Godrej brand’s reputation for trust, quality and corporate governance to the real estate sec
Slide 8: Strategic priorities
Strategic priorities GPL intends to deliver 20% ROE from FY28 while retaining market share leadership across cycles 4 Key Core Operating Priorities Superior Strong Robust Asset Consistent 1 2 3 4 Product Quality Execution Management Growth • Heavily committed to Superior • Best-in-class scalable • R
Slide 9: 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 16-year CAGR in stock ₹1 invested in Jan 2010 Particulars price is now worth BSE Sensex 9.1% 4.10 Godrej Properties 12.1% 6.40 BSE Realty 1.6% 1.30 Note: CA
Slide 10: Agenda
Agenda Overview 01 FY26 Operational Highlights 02 Q4 FY26 Operational Highlights 03 Q4 FY26 Financial Highlights 04 Annexure 05 9 | Godrej Properties | Results Presentation Q4 FY26
Slide 11: Transformative growth delivered across core KPIs
Transformative growth delivered across core KPIs Highest ever bookings, collections, Operating cashflow and earnings delivered in FY26 Booking Value (INR Crores) Collections (INR Crores) 2.8X 34,171 2.2X 41% CAGR 19,965 30% CAGR 8,991 12,232 FY23 FY26 FY23 FY26 Operating cashflow (INR Crores) Profit
Slide 12: FY26 highlights
FY26 highlights • Highest ever bookings - FY26 booking value grew 16% YoY to INR 34,171 crore. This was achieved through the sale of 17,513 units with a total area of 27 million sq. ft., a YoY volume growth of 5%. This is the highest ever full year booking value and volume announced by any real esta
Slide 13: FY26 highlights (contd.)
FY26 highlights (contd.) Business • Best-ever year for business development - In FY26, GPL has added 18 new projects with an estimated saleable area of 33.32 Development million sq. ft. and expected booking value of INR 42,100 crores, more than doubling its initial guidance of INR 20,000 crore. Cons
Slide 14: Sales highlights
Sales highlights Booking value attributable to GPL has grown by 55% CAGR in the last 5 years due to a combination of higher economic interest in the projects, growth in sales volume, change in product mix towards more premium portfolio, and market price increase Particulars FY21 FY22 FY23 FY24 FY25
Slide 15: Launch highlights
Launch highlights Launched 38 projects/phases across 11 cities in FY26 with an aggregate area of 33.2 million sq. ft. and estimated saleable value of INR 42,200 crores. Geographic distribution of Launches City Launch Area (MSF) Launch Value (INR Crores) MMR 4.7 11,300 NCR 5.6 9,400 Bengaluru 9.7 10,
Slide 16: Best-ever year for business development
Best-ever year for business development Added 18 new projects with an estimated saleable area of 33.32 million sq. ft. and expected booking value of INR 42,100 crore, achieving 211% of annual guidance in FY26 Estimated Saleable Expected Booking SN Particulars Business Model Area (Million sq. ft.) Va
Slide 17: Construction highlights
Construction highlights Delivered ~12.1 million sq. ft. in FY26 Area Area SN Name of the Project GPL’s Economic Interest SN Name of the Project GPL’s Economic Interest (Msf) (Msf) Group housing Plotted development 1 Godrej Air, Gurugram 0.99 Profit Share – 37.5% Profit Share of 40% for 89.75% 1 Godr
Slide 18: Pro-forma P&L basis operating performance
Pro-forma P&L basis operating performance Particulars FY2024 FY2025 FY2026 YoY Growth 2-Year CAGR Booking value INR Crore 22,527 29,444 34,171 16% 23% Imputed EBIT INR Crore 6,034 7,727 8,394 9% 18% Imputed PBT INR Crore 4,507 6,114 6,968 14% 24% Imputed PAT INR Crore 3,299 4,497 5,104 13% 24% Imput
Slide 19: FY26 guidance achievement & FY27 guidance
FY26 guidance achievement & FY27 guidance Particulars FY26 Guidance FY26 Actual Achievement (%) FY27 Guidance Launch value (INR Crore) 40,000 42,200 106% 48,000 Booking Value (INR Crore) 32,500 34,171 105% 39,000 Customer Collections (INR Crore) 21,000 19,965 95% 24,000 Deliveries# (Million Sq. Ft.)
Slide 20: Guidance vs delivery
Guidance vs delivery GPL on average has surpassed its booking value guidance by 18%, collections guidance by 5%, delivery guidance by 13% and business development guidance by 74% Achievement against Achievement against Achievement against Achievement against Achievement against business development
Slide 21: Update on commercial portfolio
Update on commercial portfolio • 5 operational assets (5.85 msf) with rental potential of INR ~1,000 crores p.a. (GPL’s share – INR ~230 crores) • 2 under-construction assets (1.47 msf) with rental potential of INR ~200 crores p.a. (GPL’s share – INR ~40 crores) Godrej Two, Godrej Centre Godrej Cent
Slide 22: Taj The Trees – Hotel of the year at IHCL Awards
Taj The Trees – Hotel of the year at IHCL Awards • The hotel is owned by GPL and managed by Taj. • The hotel has a capacity of 151-keys, meeting room capacity of 172 guests, banquet capacity of 380+ guests, F&B capacity of 353 guests with restaurants like Shamiana, Nonya and a rooftop bar, The Mangr
Slide 23: Godrej Living – GPL's community management arm
Godrej Living – GPL’s community management arm • Godrej Living, GPL’s community management arm, is a 100% subsidiary of GPL • First pre-possession service at GPL site commenced in July 2022 • Offers services like community management services, transition, NCR snagging-desnagging, deep cleaning and h
Slide 24: 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 Global’s Dow Jones Best in class indices for 2025. # • GPL has been recognized as the Global Sector Leader with #1 ranking globally in the Global Real Estate Sustainability B
Slide 25: 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 24 | Godrej Properties | Results Presentation Q4 FY26
Slide 26: Awards & recognition
Awards & recognition Received 122 awards in FY26 Illustrative list of awards Godrej Properties Godrej Properties Project Awards • Construction Week Awards 2025 • Brandon Hall Group Excellence Awards 2025 • Realty Plus Awards Winner – Real Estate Company of the Year – West Gold – DEI Category Manjari
Slide 27: Agenda
Agenda Overview 01 FY26 Operational Highlights 02 Q4 FY26 Operational Highlights 03 Q4 FY26 Financial Highlights 04 Annexure 05 26 | Godrej Properties | Results Presentation Q4 FY26
Slide 28: Q4FY26 highlights
Q4FY26 highlights • Q4 FY26 booking value was the highest quarterly bookings ever by GPL equaling the previous best ever quarter in Q4 FY25 and growing 21% QoQ to INR 10,163 crores. This was achieved through the sale of 4,789 units with a total area of 7.3 million sq. ft. • This is the 5th consecuti
Slide 29: Sales highlights
Sales highlights Particulars Q4 FY26 Q4 FY25 Growth Q3 FY26 Growth FY26 FY25 Growth Area Sold (million sq. ft.) 7.3 7.5 -4% 6.4 13% 27.0 25.7 5% Booking Value (INR Cr) 10,163 10,163 0% 8,421 21% 34,171 29,444 16% Customer Collections* (INR Cr) 7,947 6,961 14% 4,282 86% 19,965 17,047 17% * Net of tax
Slide 30: Sales highlights (contd.)
Sales highlights (contd.) Geographic distribution of sales for Q4 FY26 MMR Bengaluru NCR • Registered booking value of INR 3,513 crore • Registered booking value of INR 2,517 crore • Registered booking value of INR 2,180 crore through sale of 1,192 homes with total area of 1.55 through sale of 1,168
Slide 31: Sales by project details
Sales by project details Particulars Booking Area (mn. sq. ft.) Booking Value (INR Cr) Q4 FY26 FY26 Q4 FY26 FY26 Godrej Aveline, Bengaluru 0.98 0.98 1,572 1,572 Godrej Arden, Gr. Noida 1.18 1.18 1,529 1,529 Godrej Trilogy, MMR 0.17 0.48 1,122 2,864 Godrej Parkshire, Bengaluru 0.74 0.74 760 760 Godre
Slide 32: Quarterly sales trend
Quarterly sales trend Minimum quarterly booking value of INR 7,000 Quarterly Sales Value Crores throughout FY26 10,163 10,163 9,519 8,637 8,505 8,421 7,082 (INR cr) 5,198 5,446 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Minimum quarterly Quarterly Sales Volume volume of 6 million
Slide 33: Business development
Business development Added 6 new projects with an estimated saleable area of nearly 11 million sq. ft. and expected booking value of INR 17,450 crore in Q4FY26 Thane, MMR • The project is spread over 18 acres and is strategically located in an established micro-market of Thane, with excellent connec
Slide 34: Business development (contd.)
Business development (contd.) EM Bypass, Kolkata • The project is spread over ~5 acres land off EM bypass. The EM Bypass corridor is one of Kolkata’s most well-connected and rapidly developing urban stretches, supported by strong physical and social infrastructure. It links major neighbourhoods such
Slide 35: Construction highlights
Construction highlights Delivered ~7.4 million sq. ft. in Q4 FY26 Godrej City, MMR Godrej Park Retreat, Bengaluru Godrej Woods, Noida Godrej Meridien, NCR Godrej Nurture (Mamurdi), Pune 0.75 million sq. ft. 0.68 million sq. ft. 0.65 million sq. ft. 0.39 million sq. ft. 0.30 million sq. ft. GPL Econo
Slide 36: Awards & recognition
Awards & recognition Received 14 awards in Q4 FY26 Illustrative list of awards Godrej Properties • Business World India’s Most Sustainable Companies Award 2026 Ranked number 1 in Real Estate Sector and Number 25 overall in India • IGBC Green Champion for Driving Net Zero Movement in India, 2025 • Le
Slide 37: Agenda
Agenda Overview 01 FY26 Operational Highlights 02 Q4 FY26 Operational Highlights 03 Q4 FY26 Financial Highlights 04 Annexure 05 36 | Godrej Properties | Results Presentation Q4 FY26
Slide 38: Consolidated financial statements – P&L
Consolidated financial statements – P&L (INR Crores) Particulars Q4 FY26 Q4 FY25 % Change Q3 FY26 % Change FY26 FY25 % Change Total Income 3,895 2,646 47% 1,020 282% 8,374 6,848 22% Adjusted EBITDA 1,051 675 56% 351 200% 2,957 2,164 37% EBITDA 959 634 51% 338 183% 2,826 1,970 43% Profit before tax 8
Slide 39: Cashflow statement
Cashflow statement (INR Crores) Notes Particulars Q4 FY26 FY26 Operating cashflow Total operating cash inflow1 8,789 22,129 Operating cash outflow A Construction & related outflow -1,966 -6,906 Other project related outflow -2,193 -7,393 Total operating cash outflow -4,158 -14,299 Net operating cash
Slide 40: Consolidated Balance Sheet
Consolidated Balance Sheet (INR Crores) (INR Crores) As on As on As on As on Sr. No Particulars Sr. No Particulars 31.03.2026 31.03.2025 31.03.2026 31.03.2025 A ASSETS Audited Audited B Equity and Liabilities Audited Audited 1 Non-current Assets 1 Equity a Property, Plant and Equipment 1,280.73 1,04
Slide 41: Financial Analysis
Financial Analysis Profitability Indicators Particulars Q4 FY26 Q4 FY25 Q3 FY26 FY26 FY25 Adjusted EBITDA / Total Income % 27.0% 25.5% 34.4% 35.3% 31.6% EBITDA / Total Income % 24.6% 24.0% 33.2% 33.7% 28.8% PBT Margin % 22.4% 21.4% 27.0% 30.7% 25.2% Net Profit Margin % 16.7% 14.4% 19.1% 22.1% 20.4%
Slide 42: Agenda
Agenda Overview 01 FY26 Operational Highlights 02 Q4 FY26 Operational Highlights 03 Q4 FY26 Financial Highlights 04 Annexure 05 41 | Godrej Properties | Results Presentation Q4 FY26
Slide 43: A. Residential Projects – Mumbai Zone
A. Residential Projects – Mumbai Zone As on 31st Mar 2026 Total Estimated PTD Area GPLShare Area PTD Area Sold (mn PTD Booking Value PTD Collection PTD OC Received S.No Project Name Location Business Model Accounting Method Saleable Area Launched (mn sq ft) sq ft) (INR Cr) (INR Cr) (mn sq ft) (mn sq
Slide 44: A. Residential Projects – North Zone
A. Residential Projects – North Zone As on 31st Mar 2026 Total Estimated PTD Area PTD Booking GPLShare Area PTD Area Sold PTD Collection PTD OC Received S.No Project Name Location Business Model Accounting Method Saleable Area Launched Value (mn sq ft) (mn sq ft) (INR Cr) (mn sq ft) (mn sq ft) (mn s
Slide 45: A. Residential Projects – South Zone
A. Residential Projects – South Zone As on 31st Mar 2026 Total Estimated PTD Area PTD Booking GPLShare Area PTD Area Sold PTD Collection PTD OC Received S.No Project Name Location Business Model Accounting Method Saleable Area Launched Value (mn sq ft) (mn sq ft) (INR Cr) (mn sq ft) (mn sq ft) (mn s
Slide 46: A. Residential Projects – West-East Zone
A. Residential Projects – West-East Zone As on 31st Mar 2026 Total Estimated PTD Area PTD Booking GPLShare Area PTD Area Sold PTD Collection PTD OC Received S.No Project Name Location Business Model Accounting Method Saleable Area Launched Value (mn sq ft) (mn sq ft) (INR Cr) (mn sq ft) (mn sq ft) (
Slide 47: B. Commercial Projects
B. Commercial Projects i. Commercial Projects (Build to Sale) As on 31st Mar 2026 PTD Collection SN Project Name Location Business Model Accounting Method Estimated Saleable GPLShare Area PTD Area Launch PTD Area Sold PTD Booking Value PTD OC Received Received Area (mn sq ft) (mn sq ft) (mn sq ft) (
Slide 48: Thank You
Thank You For further information, please contact: Investor Relations Dept, Godrej Properties Limited Email: GPL.IR@godrejproperties.com