Good evening :)
Place Order
Add to Watchlist

Godrej Properties Ltd

GODREJPROP

Godrej Properties Ltd

GODREJPROP
Real EstateReal Estate
MidcapWith a market cap of ₹74,665 cr, stock is ranked 132
Moderate RiskStock is 2.93x as volatile as Nifty
2,678.650.24% (-6.55)
2,678.650.24% (-6.55)

Price Chart

High
—
Low
—
Returns
—
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
Real EstateReal Estate
MidcapWith a market cap of ₹74,665 cr, stock is ranked 132
Moderate RiskStock is 2.93x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Real EstateReal Estate
MidcapWith a market cap of ₹74,665 cr, stock is ranked 132
Moderate RiskStock is 2.93x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
53.767.25—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
61.074.110.73%

Forecast & Ratings

Detailed Forecast 
68%
Analysts have suggested that investors can buy this stock

from 19 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Godrej Properties Limited is a real estate company engaged in construction and real estate development.

Investor Presentation

View older 

Oct 23, 2024

PDF
View Older Presentations

Get more out of Tickertape, Go Pro!

Customise key metrics, see detailed forecasts, download stock data and more

Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 6.15%, vs industry avg of 3.63%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 4.8% to 4.86%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 23.43%, vs industry avg of 14.25%

Loading...

Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,268.401,733.062,102.363,235.932,914.591,333.092,585.693,039.004,361.965,546.20
Raw Materialssubtract0.000.000.000.000.000.000.000.00178.053,690.20
Power & Fuel Costsubtract0.000.000.000.000.000.000.000.000.00
Employee Costsubtract44.9892.84138.42173.04184.68299.56110.25218.41331.32
Selling & Administrative Expensessubtract84.2375.17111.86114.09162.47108.67153.40288.75471.77
Operating & Other expensessubtract1,856.761,162.231,568.942,352.231,833.96806.121,616.801,538.202,184.16
Depreciation/Amortizationsubtract14.1914.5016.1314.3420.5219.5421.4324.1444.5665.14
Interest & Other Itemssubtract40.57103.82150.13234.03220.07184.86167.48174.23152.11159.73
Taxes & Other Itemssubtract69.1177.7029.9795.05222.37103.64163.96223.88274.72242.34
EPS7.639.564.0211.3611.24-7.1412.6820.5526.0949.95
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 3PDF
Feb 3PDF
Nov 2PDF
Aug 3PDF
FY 2023

Annual report

PDF

Investor Presentation

May 3PDF
Feb 2PDF
Nov 9PDF
Aug 2PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 2PDF
FY 2025

Annual Report Pending

Investor Presentation

Oct 23PDF
 

Peers & Comparison

Comparing 3 stocks from 
Real EstateReal Estate

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Godrej Properties Ltd102.957.25—
DLF Ltd71.344.930.64%
Macrotech Developers Ltd75.286.650.19%
Oberoi Realty Ltd38.065.300.20%

Price Comparison

Compare GODREJPROP with any stock or ETF
Compare GODREJPROP with any stock or ETF
GODREJPROP
Loading...

Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 1.58%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding58.48%4.36%2.76%28.33%6.07%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep28.85%29.25%29.73%29.67%29.91%28.33%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 1.19%

Top 5 Mutual Funds holding Godrej Properties Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Blue Chip Fund - Growth - Direct Plan

Growth
0.5772%0.85%-0.21%36/57 (0)
HSBC Midcap Fund - Growth - Direct Plan

Growth
0.4526%2.87%-0.03%4/98 (-1)
Axis Midcap Fund - Growth - Direct Plan

Growth
0.3462%0.81%0.59%74/114 (+14)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Loading...

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Godrej Properties Ltd

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

GODREJPROP has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 27, 2015

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Jul 27, 2015

Cash Dividend

Ex DateEx DateJul 28, 2014

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Jul 28, 2014

Cash Dividend

Ex DateEx DateJul 2, 2013

Final
Final | Div/Share: ₹4.00

Dividend/Share

₹4.00

Ex DateEx Date

Jul 2, 2013

Cash Dividend

Ex DateEx DateJul 19, 2012

Final
Final | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Jul 19, 2012

Cash Dividend

Ex DateEx DateJul 14, 2011

Final
Final | Div/Share: ₹4.50

Dividend/Share

₹4.50

Ex DateEx Date

Jul 14, 2011

News & Opinions
Corporate
Godrej Properties set to undertake luxury residential project in Gurugram

Godrej Properties announced that it has emerged as the highest bidder and has secured the Letter of Intent to develop a group housing plot at Golf Course Road in Gurugram through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). The plot, measuring 7.5 acres is located in the prestigious Golf Course Road micro-market and will offer a development potential of over 1.7 million square feet, comprising of luxury residential apartments of varied configurations, with an estimated revenue potential in excess of Rs 5,500 crore. In FY24, GPL acquired two prime parcels measuring 5.15 acres and 2.76 acres in the Golf Course Road micro-market from HSVP through auction and plans to launch both these projects in the current financial year. The estimated revenue potential of GPL's developable land on Golf Course Road in Gurgaon is in excess of USD 1.5 billion. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Godrej Properties emerges as highest bidder for luxury housing project in Gurugram

The company has received the letter of intent for the said project. GPL was declared as the highest bidder for this project post an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). The plot, measuring 7.5 acres is located in the prestigious Golf Course Road micro-market and will offer a development potential of over 1.7 million square feet, comprising of luxury residential apartments of varied configurations, with an estimated revenue potential in excess of Rs 5,500 crore. In FY24, GPL acquired two prime parcels measuring 5.15 acres and 2.76 acres in the Golf Course Road micro-market from HSVP through auction and plans to launch both these projects in the current financial year. The estimated revenue potential of GPL's developable land on Golf Course Road in Gurgaon is in excess of $1.5 billion. Gaurav Pandey, MD & CEO, Godrej Properties, said: 'We have witnessed strong demand for our projects in the NCR market demonstrating the huge trust and confidence which our customers have placed in us. I am very confident that this new acquisition will further strengthen our development portfolio in NCR as well as cater to strong demand for our products in this market.' Godrej Properties is the real estate arm of the Godrej Group. It is subsidiary of Godrej Industries, which holds 58.48% of the company's equity shares as on 30 September 2024. The company currently operates in various cities and focuses on residential, commercial, and township development. The company's consolidated net profit soared to Rs 335.21 crore in Q2 FY25 as against Rs 66.80 crore posted in Q2 FY24. Revenue from operations zoomed to Rs 1,093.23 crore in the quarter ended 30 September 2024 as compared to Rs 343 crore reported in the corresponding quarter previous year. The scrip rose 0.21% to currently trade at Rs 2931.30 on the BSE. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Godrej Properties consolidated net profit rises 401.81% in the September 2024 quarter

Net profit of Godrej Properties rose 401.81% to Rs 335.21 crore in the quarter ended September 2024 as against Rs 66.80 crore during the previous quarter ended September 2023. Sales rose 218.73% to Rs 1093.23 crore in the quarter ended September 2024 as against Rs 343.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1093.23343.00 219 OPM %2.63-27.78 - PBDT237.51118.81 100 PBT219.25111.42 97 NP335.2166.80 402 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Godrej Properties gains after Q2 PAT zooms to Rs 335 cr

Revenue from operations zoomed to Rs 1,093.23 crore in the quarter ended 30 September 2024 as compared to Rs 343 crore reported in the corresponding quarter previous year. Profit before tax stood at Rs 219.25 crore in Q2 FY25, registering a growth of 96.77% from Rs 111.42 crore recorded in Q2 FY24. EBITDA grew by 68.86% to Rs 282 crore in the quarter ended 30 September 2024 as compared to Rs 167 crore posted in the same period a year ago. The company reported a collection of Rs 4,005 crore for Q2 FY25, reflecting a year-on-year growth of 68%. The company has achieved its highest booking value in Q2 FY25, with a YoY increase of 3% to Rs 5,198 crore from the sale of 5.15 million square feet (sq. ft.) of area. GPL has achieved 51% of its annual guidance for booking value for FY25. The company had launched seven new projects and phases during the quarter across four cities. GPL has added 10 new projects in year-to-date FY25 with a total estimated saleable area of approximately 13.9 million sq. ft. and total estimated booking value potential of around Rs 17,450 crore. This included 6 new projects with an expected booking value of Rs 9,650 crore in Q2 and 2 new projects with an expected booking value of Rs 4,800 crores post-Q2. GPL has achieved 87% of its annual guidance for business development, the company stated in exchange filing. On half year basis the company's consolidated net profit zoomed to Rs 855.26 crore in H1 FY25 as against Rs 191.74 crore posted in H1 FY24. The company's revenue from operation jumped 43.24% YoY to Rs 1,832.23 crore in H1 FY25. Pirojsha Godrej, executive chairperson, Godrej Properties, said, 'Godrej Properties delivered a robust quarter with its highest ever Q2 and H1 bookings, collections, operating cashflows, and deliveries. With bookings growth of 56% in FY23, 84% in FY24 and 90% in H1 FY25, GPL has reset its scale. The benefit of this is clearly visible in our cash flows with collections growth of 68% and operating cash flow growth of 125% in Q2. With a robust launch pipeline, strong balance sheet, and resilient demand, we are on-track to significantly surpass our bookings target of Rs 27,000 crore in FY25 while also achieving our highest ever deliveries and collections. The sectoral tailwinds for the residential real estate sector in India will continue over the next few years and we remain focused on building scale through continued market share gains and margin expansion.' Godrej Properties is the real estate arm of the Godrej Group. It is subsidiary of Godrej Industries, which holds 58.48% of the company's equity shares as on 30 September 2024. The company currently operates in various cities and focuses on residential, commercial, and township development. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Godrej Properties acquires land for Rs 1,300 crore residential project in Ahmedabad

The development on this land is estimated to have a potential of ~0.9 million square feet of saleable area comprising primarily of premium residential apartments of various configurations with an estimated booking value of nearly Rs 1,300 crore. This land parcel is strategically located in Vastrapur, a premium residential locality in West Ahmedabad offering good social infrastructure and excellent connectivity to key areas of the city. Gaurav Pandey, MD & CEO, Godrej Properties said: 'We are happy to add our second project in Ahmedabad. This will further strengthen our presence in Ahmedabad and complement our strategy of deepening our presence in key micro-markets across India's leading cities.' Godrej Properties is the real estate arm of the Godrej Group. It is subsidiary of Godrej Industries, which holds 58.48% of the company's equity shares as on 30 June 2024. The company currently operates in various cities and focuses on residential, commercial, and township development. The company reported its highest ever consolidated net profit of Rs 520.05 crore in Q1 FY25, steeply higher than Rs 124.94 crore posted in Q1 FY24. Revenue from operations declined 21.05% year on year to Rs 739 crore in Q1 FY25 from Rs 936.09 crore recorded in the same period a year ago. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Godrej Properties acquires land for residential project in Vastrapur, Ahmedabad

Godrej Properties announced that it has acquired ~3 acres of land in Vastrapur, Ahmedabad. The development on this land is estimated to have a potential of ~0.9 million square feet of saleable area comprising primarily of premium residential apartments of various configurations with an estimated booking value of Rs 1,300 crore. This acquisition is in line with GPL's strategy of developing high-quality residential projects across India's leading real estate markets. This land parcel is strategically located in Vastrapur, a premium residential locality in West Ahmedabad offering good social infrastructure and excellent connectivity to key areas of the city. The area is wellserved by top schools and healthcare facilities. Renowned landmarks, including IIM Ahmedabad, Vastrapur Lake Garden, Sabarmati Riverfront Project, and Nexus Ahmedabad One Mall, further enhance its appeal. Additionally, Vastrapur's proximity to business hubs like Navratna Business Park and Pinnacle Business Park makes it a prime location for residents seeking convenience, modern living, and accessibility. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Live Market Update
Market extends losses; auto stocks slide

The benchmark indices traded with modest losses in mid-morning trade. The Nifty traded near the 24,950 mark after hitting day's high of 25,093.40 in morning trade. Auto shares extended loss for the second consecutive trading session. At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 342 points or 0.42% to 81,478.12. The Nifty 50 index lost 104.50 points or 0.42% to 24,952.85. In the broader market, the S&P BSE Mid-Cap index fell 0.40% and the S&P BSE Small-Cap index lost 0.28%. The market breadth was negative. On the BSE, 1,844 shares rose and 1,877 shares fell. A total of 143 shares were unchanged. IPO Update: The initial public offer (IPO) of Hyundai Motor India received bids for 2,18,65,193 shares as against 9,97,69,810 shares on offer, according to stock exchange data at 11:15 IST on Wednesday (16 October 2024). The issue was subscribed 0.22 times. The issue opened for bidding on Tuesday (15 October 2024) and it will close on Thursday (17 October 2024). The price band of the IPO is fixed between Rs 1,865 to Rs 1,960 per share. An investor can bid for a minimum of 7 equity shares and in multiples thereof. Buzzing Index: The Nifty Auto index fell 1.66% to 25,807.15. The index declined 2.48% in the two trading sessions. Mahindra & Mahindra (down 2.41%), Samvardhana Motherson International (down 1.87%), Eicher Motors (down 1.5%), Hero MotoCorp (down 1.45%), Exide Industries (down 1.43%), Maruti Suzuki India (down 1.2%), Ashok Leyland (down 1.07%), Bosch (down 1%), TVS Motor Company (down 0.94%) and Tata Motors (down 0.84%) edged lower. Stocks in Spotlight : Godrej Properties added 1.42% after the company said that it has emerged as the highest bidder to develop a group housing project at a premium location in Sector 5-A, Kharghar, according to e-auction portal of City and Industrial Development Corporation of Maharashtra (CIDCO). G R Infraprojects gained 1.40% after the company informed that it has received Letter of Acceptance (LoA) from Maharashtra State Road Development Corporation aggregating to Rs 1,885.63 crore. Global Markets: Most Asian stocks traded higher on Wednesday, primarily due to a weak outlook from ASML, a leading chipmaker. Cooling optimism about Chinese stimulus measures also contributed to the market's downturn. Regional markets followed Wall Street's lead, where a drop in chipmaking stocks pulled U.S. benchmarks from record highs. At the close in NYSE, the Dow Jones Industrial Average lost 0.75%, while the S&P 500 index fell 0.76%, and the NASDAQ Composite index lost 0.98%. ASML, a major supplier of chipmaking equipment, provided disappointing sales guidance for 2025, citing softer demand in non-AI sectors. Its U.S. shares plummeted 16% overnight. NVIDIA, a market darling, fell 4.5%, while AMD and Intel declined by 5.2% and 3.3%, respectively. All three stocks stabilized after the market closed. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Godrej Properties to develop group housing project in Kharghar

Godrej Properties announced that it has emerged as the highest bidder to develop a group housing project at a premium location in Sector 5-A, Kharghar according to e-auction portal of City and Industrial Development Corporation of Maharashtra (CIDCO). The plots, measuring 6.54 acres, will offer a development potential of ~ 2 million square feet, comprising premium residential apartments of varied configurations, with an estimated combined revenue potential of ~ Rs 3,500 crore. Sector 5-A, Kharghar, enjoys excellent connectivity with key transport hubs, including Kharghar & CBD Belapur Railway Stations, metro connectivity as well as the Sion-Panvel Expressway. The area is in proximity to Kharghar residential node and boasts of a well-developed social infrastructure with healthcare facilities and educational institutions. This development will enjoy excellent views of the Kharghar hills.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Godrej Properties to convene board meeting

Godrej Properties will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Board of Godrej Properties approves fund raising up to Rs 6,000 cr

The Board of Godrej Properties at its meeting held on 01 October 2024 has approved raising of funds for an aggregate amount not exceeding Rs. 6,000 crore by way of issuance of equity shares, fully convertible debentures, partly convertible debentures, non-convertible debentures (with or without warrants), preference shares convertible into equity shares, eligible securities and/or any other security convertible into equity shares or any combination thereof, in one or more tranches through public and/or private offerings including qualified institutions placement, rights issue, further public offer or any other mode. Powered by Capital Market - Live

1 month agoCapital Market - Live