Godrej Properties Consolidated Financials for Q1 FY27 Results
• Godrej Properties’ bookings grew 22% YoY to INR 8,651 crores.
• This
is the highest first quarter booking value achieved by Godrej Properties.
• Collections
grew by 18% YoY to INR 4,348 crores.
• Added
INR 9,500 crore of future sales potential through portfolio additions in Q1
FY27.
• Net
profit of INR 350 crore for Q1 FY27
Godrej Properties Limited (GPL), a leading national
real estate developer, announced its financial results for the first quarter
ended June 30, 2026.
CORPORATE HIGHLIGHTS:
• Sales
highlights
o Booking
value in Q1 FY27 grew to INR 8,651 crores, a YoY growth of 22%. This was
achieved through the sale of 3,738 units with a total area of 6.2 million sq.
ft.
o This
is the 6th consecutive quarter in which GPL’s booking value has exceeded INR
7,000 crore.
o This
is the highest first quarter booking value achieved by Godrej Properties.
o Booking
value in the quarter was driven by strong demand in several new project
launches including Godrej Vanantara (INR 3,237 crores) in Bengaluru, Godrej
Samaris (INR 1,248 crores) in Gurugram and Godrej Brooklyn Avenue (INR 317
crores) in Hyderabad.
o Bookings
contribution were led by Bengaluru (44%), followed by MMR (21%), NCR (18%),
Pune (11%) & Hyderabad (5%).
• Collections
and cashflow highlights
o Q1
FY27 collections stood at INR 4,348 crore representing a YoY growth of 18%.
o Q1
FY27 OCF stood at INR 399 crore
o Construction and related outflow increased by 54% YoY in Q1 FY27.
• Business
development highlights
o GPL
has added 3 new projects with an estimated saleable area of approximately
8.0 million sq. ft. and expected booking value of INR
9,500 crore in Q1 FY27
o GPL
has achieved 48% of its annual guidance for business development for FY27 in
the first quarter.
• Other
highlights
o GPL
has delivered 0.9 million sq. ft. of projects in Q1 FY27
o Godrej
Properties was included in TIME World’s Most Sustainable Companies 2026 the
only real estate company in India to feature on the list.
o Godrej
Properties received Golden Peacock National Quality Award 2026
Commenting on the performance of Q1 FY27, Mr. Pirojsha
Godrej, Executive Chairperson, Godrej Properties Limited, said:
“Godrej Properties delivered another solid quarter for
bookings, collections, business development and earnings. We expect the sales
momentum to continue for rest of the year led by strong end user demand across
key markets. We remain on track to deliver on bookings of over INR 39,000 crore
and collections of INR 24,000 crores for the year, which will allow us to
generate approximately Rs. 9,000 crores of operating cash flow, which in turn
will allow us to continue to invest in sustainable growth. We will continue to
seek to gain market share through outstanding design, timely delivery, and
high-quality developments.”
Financial Overview (Consolidated)
Q1 FY27 performance overview compared with Q1 FY26
• Total
Income declined by 16% to INR 1,337 crore as compared to INR 1,593 crore
• EBITDA
declined by 40% to INR 545 crore as compared to INR 915 crore
• Net
Profit declined by 42% to INR 350 crore as compared to INR 600 crore
• EPS#
amounted to INR 11.62 as compared to INR 19.92
.
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