Godrej Properties Limited announced financial results for Q4 2026

 Godrej Properties Limited announced financial results for Q4 and the year ended March 31, 2026.

 CORPORATE HIGHLIGHTS:

 Godrej Properties delivers its highest ever quarterly and full year bookings.

• Q4FY26 booking value was the highest quarterly bookings ever by GPL equaling the previous best ever quarter in Q4FY25 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 consecutive quarter in which GPL has delivered more than INR 7,000 crores of booking value and 11th consecutive quarter in which GPL has delivered more than INR 5,000 crore of booking value.
• Sales in Q4FY26 were driven by strong demand in some key new project launches including Godrej Aveline (INR 1,572 Crores) and Godrej Parkshire (INR 760 crores) in Bengaluru, Godrej Arden (INR 1,529 crores) in Greater Noida, Godrej Varanya (INR 628 crores) in MMR and Godrej Ivara (INR 346 crores) in Pune. Sales were also supported by strong sustenance momentum in Godrej Trilogy (INR 1,122 crores) and Godrej Reserve (INR 502 crores) in MMR, and Evora Estate (INR 228 crores) in Panipat.
• 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%. 
• GPL has achieved 105% of its annual guidance for booking value for FY26. 
• Booking value has grown at a CAGR of 41% in the past 3 years.
• FY26 is the 9th consecutive year in which GPL has delivered growth in booking value.
• The company’s sales were well diversified geographically, with key contributions from major residential markets: MMR (INR 10,312 crore), Bengaluru (INR 8,801 crore), NCR (INR 7,412 crore), Pune (INR 3,659 crore), Hyderabad (INR 2,360 crore) and Others (INR 1,627 crore). 
• This performance was driven by a broad and diversified portfolio, with 11 individual projects across 6 cities each generating booking value of more than INR 1,000 crore during the year.

 Highest ever quarterly and full year collections & Operating cash flow (OCF)

• Q4FY26 collections stood at INR 7,947 crore representing a YoY growth of 14% over the previous best ever quarter and QoQ growth of 86%. 
• FY26 collections stood at INR 19,965 crore representing a YoY growth of 17%. 
• GPL has achieved 95% of its annual guidance for collections for FY26.
• Collections have grown at a CAGR of 30% in the last 3 years. 
• Direct construction spend increased by 62% in FY26.
• Q4FY26 OCF stood at INR 4,631 crore representing a YoY growth of 14% over the previous best ever quarter and a QoQ growth of 336%. FY26 OCF stood at INR 7,830 crore representing a YoY growth of 5%. 
• OCF has grown at a CAGR of 30% in the last 3 years.
• Free cash flow (FCF) of INR 628 crores was generated in Q4FY26, a 6% increase YoY

 Best-ever year for business development

• GPL has added 18 new projects in FY26 with a total estimated saleable area of approximately 33.32 million sq. ft. and total estimated booking value potential of ~INR 42,100 crore. 
• This includes 6 new projects with a total estimated saleable area of approximately 11 million sq. ft. and total expected booking value of INR 17,450 crore added in Q4FY26. 
• This was GPL’s best ever year for business development, with expected booking value added more than double the initial guidance.

 Strong deliveries in Q4FY26

• GPL has delivered 12.1 million sq. ft. of projects in FY26 across 9 cities representing an achievement of 121% of its annual guidance for deliveries in FY26. This includes 7.4 million sq. ft. of deliveries across 8 cities in Q4FY26.

 Stake increase by promoters in GPL and in holding company GIL in FY26

• Promoters have utilized the entire creeping acquisition limit by investing INR 2,674 crore to acquire a 5.0% stake in GPL in FY26 at an average price 21% higher than the FY26 financial year-end stock price. This included 4.5% stake acquired for INR 2,373 crores in Q4FY26. 
• Promoters also utilized entire creeping acquisition limit in GPL’s holding company, Godrej Industries Limited (GIL) by investing INR 1,896 crore to acquire a 5.0% stake in FY26.

 Dividend of 200% recommended by the board

• The board of directors has recommended dividend of INR 10 per share (200%) for FY26 subject to approval of members of the Annual General Meeting.

 Commenting on the performance of Q4FY26, Mr. Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said:

“Godrej Properties delivered a record-breaking financial year 2026 with its highest ever bookings, collections, operating cashflows, earnings, and business development. The demand for residential real estate in India remains strong across key markets and the company will continue to seek to gain market share through outstanding design, timely delivery, and high-quality developments. Our business development additions with a future booking value of over Rs 42,000 crore in FY26 will ensure that we continue to have a strong launch pipeline in the year ahead. 

The record operating cash flow of INR 7,830 crore we generated in FY26 will enable us to continue to invest for growth while ensuring a strong balance sheet. In FY27, we plan to grow residential bookings to over INR 39,000 crore through the launch of a large number of exciting new projects combined with strong sustenance sales. This combined with strong construction progress will allow us to maintain rapid growth in operating cash flows as well. With a robust launch pipeline and strong balance sheet, we are confident of a strong FY27, but will remain watchful about potential global security led disruptions to the economy and sectoral demand.”