Godrej Properties Limited reported a strong set of numbers for the March quarter, with consolidated net profit rising 70 per cent on-year to ₹650 crore in Q4 FY26, driven by robust project deliveries and sustained demand across key markets.
Revenue from operations rose 63 per cent to ₹3,458 crore, while EBITDA increased 51 per cent to ₹959 crore.
In an analyst call, the management said the first half of FY27 was looking bright due to a strong launch pipeline.
For the full year FY26, the company posted a 32 per cent rise in net profit at ₹1,850 crore, with revenue growing 4 per cent to ₹5131.4 crore. Adjusted EBITDA climbed 37% to ₹2,957 crore, reflecting strong operating leverage amid higher scale.
Operationally, the developer delivered record performance across key metrics. Booking value rose 16 per cent on-year to ₹34,171 crore, while collections increased 17 per cent to ₹19,965 crore. Operating cash flow stood at ₹7,830 crore. The company also reported its highest-ever quarterly bookings in Q4 at ₹10,163 crore.
In terms of guidance versus actual performance, Godrej Properties exceeded or met most of its FY26 targets, with bookings and launch value surpassing guidance. Deliveries significantly outperformed at 121 per cent of guidance, and business development overshot expectations sharply at 211 pr cent. However, collections came in slightly below target at 95 per cent of guidance.
For FY27, it is targeting booking value of ₹39,000 crore, collections of ₹24,000 crore, and launch value of ₹48,000 crore. Deliveries are expected to reach 13.5 million sq. ft., while business development guidance has been set at ₹20,000 crore.
Geographically, sales remained well diversified, with the Mumbai Metropolitan Region (MMR) contributing the highest booking value at ₹10,312 crore, followed by Bengaluru at ₹8,801 crore and NCR at ₹7,412 crore. Pune and Hyderabad contributed ₹3,659 crore and ₹2,360 crore, respectively.
The company also added 18 new projects during the year with an expected booking value of ₹42,100 crore—more than double its initial guidance—highlighting an aggressive expansion strategy.
Published on May 4, 2026