Godrej Properties Limited Consolidated Financials for Q2 FY27 Results
Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the second quarter ended September 30, 2026.
Sales highlights
Godrej Properties’ achieved a booking
value of INR 8,008 crores in Q2 FY27. This was achieved through the sale of
3,658 units with a total area of 6.2 million sq. ft.
H1 FY27 booking value grew 7% YoY to INR
16,659 crore. This was achieved through the sale of 7,396 units with a total
area of 12.3 million sq. ft. This is the highest ever H1 booking value achieved
by Godrej Properties.
Best-ever quarter for sustenance sales
growing 83% YoY and 43% QoQ in Q2 FY27. Sustenance sales grew 55% in H1 FY27. 3
projects contributed more than INR 500 crores to sustenance sales in the
quarter - Godrej Trilogy in MMR, Godrej Vanantara in Bengaluru and Godrej
Samaris in Gurugram.
Sales in Q2 FY27 were also driven by
strong demand in some key new project launches including Godrej Crown
Residences, Noida (INR 1,036 crores), Godrej Regent Park (INR 463 crores) and
Godrej Florenne (INR 142 crores) in Bengaluru, and 2 plotted projects –
Rivershore Estate, Nagpur (INR 310 crores) and Greenvale Estate, Raipur (INR
276 crores). Godrej Brooklyn Avenue, Hyderabad, launched towards the end of
first quarter also contributed INR 727 crores to bookings.
This performance was driven by a broad and
diversified portfolio, with contributions by 5 individual projects of more than
INR 500 crore and 6 individual projects of INR 200-500 crore to the booking
value during the quarter.
The company’s sales were well diversified
geographically, with key contributions from major residential markets: NCR (INR
1,926 crore), MMR (INR 1,899 crore), Bengaluru (INR 1,564 crore), Pune (INR 976
crore), Hyderabad (INR 782 crore) and Others (INR 861 crore) during the
quarter.
This is the 7th consecutive quarter in
which GPL delivered more than INR 7,000 crores of booking value and 13th
consecutive quarter in which GPL has delivered more than INR 5,000 crore of
booking value.
Collections and cashflow highlights
Operating Cashflow in Q2 FY27 grew 297%
QoQ and 33% YoY to INR 1,584 crore. With this Godrej Properties has achieved
OCF of INR 1,983 crores in H1 FY27.
Construction and related outflow increased
by 31% YoY in Q2 FY27 and by 42% YoY in H1 FY27.
GPL has added 1 new project with an
estimated saleable area of approximately 1.1 million sq. ft. and expected
booking value of INR 6,000 crore in Q2 FY27.
GPL has added 4 new projects with an
estimated saleable area of ~9.1 million sq. ft. and expected booking value of
INR 15,500 crore in H1 FY27, achieving 78% of its full year guidance.
Other highlights
GPL has delivered 2.5 million sq. ft. of
projects in Q2 FY27.
Godrej Properties is ranked #1 globally
with a score of 100/100 by the Global Real Estate Sustainability benchmark
(GRESB) for the second consecutive year in 2026.
Godrej Properties received Green Champion
of the year Award by NDTV.
GPL received 59 awards in Q2 FY27.
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