Good evening :)
Place Order
Add to Watchlist

Godrej Properties Ltd

GODREJPROP

Godrej Properties Ltd

GODREJPROP
Real EstateReal Estate
MidcapWith a market cap of ₹61,010 cr, stock is ranked 143
High RiskStock is 3.03x as volatile as Nifty
1,968.152.84% (-57.55)
1,968.152.84% (-57.55)

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 ₹61,010 cr, stock is ranked 143
High RiskStock is 3.03x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Good

The stock is underpriced and 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 ₹61,010 cr, stock is ranked 143
High RiskStock is 3.03x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
40.975.92—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
55.673.800.79%

Forecast & Ratings

Detailed Forecast 
83%
Analysts have suggested that investors can buy this stock

from 18 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 

Feb 4, 2025

PDF
View Older Presentations
PE Ratio
61.78
1Y Return
20.21%
Buy Reco %
89.47
PE Ratio
75.53
1Y Return
5.30%
Buy Reco %
76.47
PE Ratio
30.74
1Y Return
18.86%
Buy Reco %
50.00
PE Ratio
52.04
1Y Return
21.72%
Buy Reco %
62.50
PE Ratio
38.80
1Y Return
11.48%
Buy Reco %
88.24
Compare with Peers

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 3.81%

Decreasing 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 decreased from 4.78% to 4.76%

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 14.64%

Loading...

Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,268.401,733.062,102.363,235.932,914.591,333.092,585.693,039.004,361.966,237.86
Raw Materialssubtract0.000.000.000.000.000.000.000.00178.054,253.29
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/Amortizationsubtract14.1914.5016.1314.3420.5219.5421.4324.1444.5668.67
Interest & Other Itemssubtract40.57103.82150.13234.03220.07184.86167.48174.23152.11159.17
Taxes & Other Itemssubtract69.1177.7029.9795.05222.37103.64163.96223.88274.72267.57
EPS7.639.564.0211.3611.24-7.1412.6820.5526.0953.56
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
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

Feb 4PDF
Oct 23PDF
 

Peers & Comparison

Comparing 3 stocks from 
Real EstateReal Estate

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Godrej Properties Ltd84.125.92—
DLF Ltd61.784.270.73%
Macrotech Developers Ltd75.536.670.19%
Oberoi Realty Ltd30.744.280.25%

Price Comparison

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

Shareholdings

Promoter Holdings Trend

Decreased 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 decreased by 11.98%

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

Increased 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 increased by 2.52%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding46.50%5.66%3.74%30.85%13.25%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

SepDec '23MarJunSepDec '2429.25%29.73%29.67%29.91%28.33%30.85%

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 1.29%

Top 5 Mutual Funds holding Godrej Properties Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.5183%2.94%0.20%8/76 (-2)
0.4625%0.49%0.30%115/225 (+11)
0.4195%0.80%0.23%15/251 (+8)

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

Loading...
Realty Tracker

Realty Tracker

Created by Windmill Capital

GODREJPROP's Wtg.
11.56%
CAGR
24.45%

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
Earnings
Godrej Properties consolidated net profit rises 161.19% in the December 2024 quarter

Net profit of Godrej Properties rose 161.19% to Rs 162.64 crore in the quarter ended December 2024 as against Rs 62.27 crore during the previous quarter ended December 2023. Sales rose 193.21% to Rs 968.88 crore in the quarter ended December 2024 as against Rs 330.44 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales968.88330.44 193 OPM %0.96-20.00 - PBDT237.95108.82 119 PBT220.2694.66 133 NP162.6462.27 161 Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Godrej Properties jumps after Q3 PAT soars 161% YoY

On a consolidated basis, the real estate major's net profit surged 161% to Rs 163 crore while total income jumped 133% to Rs 1,222 crore in Q3 December 2024 (Q3 FY25) over Q3 December 2023 (Q3 FY24). Profit before tax surged 133% year-on-year (YoY) to Rs 220 crore in Q3 FY25. Adjusted EBITDA stood at Rs 309 crore in Q3 FY25, up 84% YoY. It fell 6% over Q2 September 2024 (Q2 FY25). Godrej Properties has set a booking value target of Rs 27,000 crore for FY25. In nine-month ended December 2024 (9M FY25), the firm achieved bookings of Rs 19,281 crore, representing 71% of their target. Customer collections also saw significant progress, reaching Rs 10,086 crore, representing 67% of the FY25 target of Rs 15,000 crore. In terms of physical progress, the company delivered 11.9 million sq. ft. of projects, achieving 79% of their 15 million sq. ft. guidance for FY25. Business development through expected booking value has exceeded expectations, with achievements of Rs 23,450 crore in 9M FY25, surpassing the Rs 20,000 crore target. The company's net debt stood at Rs 3848 crore as on 31 December 2024. Net debt-to-equity ratio stood 0.23 as on 31 December 2024, lower than 0.70 as on 30 September 2024 and 0.71 as on 30 June 2024. Godrej Properties, India's largest residential real estate developer by booking value in FY24, has delivered approximately 59 million sq. ft. of real estate since FY2018 and holds a substantial portfolio of ~240 million sq. ft. of saleable area across the country. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Godrej Properties acquires Pearlshine Home Developers

Godrej Properties on 03 February 2025, has acquired 100% equity shares of Pearlshine Home Developers (PHDPL) from its existing shareholders. Pursuant to the said acquisition, PHDPL has become the wholly-owned subsidiary of the Company. PHDPL, incorporated on 09 October 2023, is primarily engaged in the business of Real Estate Development.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Godrej Properties announces board meeting date

Godrej Properties will hold a meeting of the Board of Directors of the Company on 4 February 2025.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Live Market Update
Barometers trade with major cuts; Metal shares lose sheen

The headline equity benchmarks traded with significant losses in early afternoon trade, following an unexpectedly strong US jobs report, which dampened expectations of early interest rate cuts by the Federal Reserve. At the same time, concerns over slowing earnings continued to persist. The Nifty traded below the 23,250 mark. Metal shares extended losses for the fourth consecutive trading session. At 12:30 IST, the barometer index, the S&P BSE Sensex, slipped 626.11 points or 0.81% to 76,758.41. The Nifty 50 index lost 212.50 points or 0.91% to 23,219. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 2.69% and the S&P BSE Small-Cap index dropped 2.79%. The market breadth was weak. On the BSE, 684 shares rose and 3,266 shares fell. A total of 148 shares were unchanged. Economy: India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed. Foreign currency assets decreased by $6.441 billion to $545.48 billion, the data released on Friday showed. Gold reserves increased by $824 million to $67.092 billion during the week. The Special Drawing Rights (SDRs) were down by $58 million to $17.815 billion, the RBI said. India's reserve position with the IMF was down by $18 million at $4.199 billion in the reporting week, the apex bank data showed. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 6.18% to 15.84. The Nifty 30 January 2025 futures were trading at 23,276.55, at a premium of 57.55 points as compared with the spot at 23,219. The Nifty option chain for the 30 January 2025 expiry showed maximum Call OI of 52 lakh contracts at the 24,000 strike price. Maximum Put OI of 47.8 lakh contracts was seen at 24,000 strike price. Buzzing Index: The Nifty Metal index dropped 2.18% to 8,082.80. The index tumbled 5.58% in four consecutive trading sessions. APL Apollo Tubes (down 5.79%), Welspun Corp (down 4.37%), Adani Enterprises (down 3.15%), Ratnamani Metals & Tubes (down 2.98%), NMDC (down 2.92%), Steel Authority of India (down 2.9%), Vedanta (down 2.34%), Tata Steel (down 2.31%), Jindal Stainless (down 2.05%) and National Aluminium Company (down 1.81%) declined. Stocks in Spotlight: Godrej Properties slipped 3.05%. The company has announced the launch of its first premium residential project, Godrej Madison Avenue, in Kokapet, Hyderabad. Ola Electric Mobility fell 3.05% after the firm said that the Central Consumer Protection Authority (CCPA) requested additional documents from the company as part of its ongoing investigation on 10 January 2025. Sarda Energy & Minerals (SEML) dropped 6.33%. The company has announced that its wholly owned subsidiary, Chhattisgarh Hydro Power LLP, has commenced the trial production of Rehar Small Hydro Power Project. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Godrej Properties launches premium residential project in Hyderabad with Rs Rs 1,300 crore revenue potential

The project is spread across a 3-acre land parcel and has approximately 1.2 million square feet of saleable area. It hosts premium residential apartments in 3 & 4 BHK configurations and the projects total estimated booking value is Rs 1,300 crore. The company's cumulative booking value potential in Hyderabad stands at Rs 4,800 crore. Hyderabad's residential market has been gaining momentum and witnessing an increase in demand for high-quality homes, driven by a strong IT ecosystem and robust infrastructure development. Kokapet, known for its proximity to the Outer Ring Road, is a preferred destination for premium residential and commercial developments and has been at the forefront of this growth. Gaurav Pandey, MD & CEO, Godrej Properties, said: 'We are excited to launch our first project in Hyderabad, representing a significant step in our growth journey. Kokapet's strategic location and infrastructure advantages make it an ideal destination for premium residential developments. Godrej Madison Avenue aligns with our vision of creating sustainable, high-quality homes that cater to the aspirations of discerning buyers seeking thoughtfully designed living spaces.' Godrej Properties is the real estate arm of the Godrej Group. It is a subsidiary of Godrej Industries, which holds 58.48% of the company's equity shares as of 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 declined 2.93% to currently trade at Rs 2315.95 on the BSE. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Godrej Properties launches premium residential project in Kokapet, Hyderabad

Godrej Properties announced the launch of Godrej Madison Avenue its first premium residential project in Kokapet, Hyderabad, underlining its commitment to expanding its footprint in Hyderabad's high-growth residential real estate market. Situated on ~3 acres of land with an estimated booking value of ~Rs 1,300 crore, Godrej Madison Avenue will feature ~1.2 million square feet of saleable area, offering premium residential apartments in 3 & 4 BHK configurations. This project brings to life Manhattan-inspired architecture and design, catering to the evolving preferences of homebuyers seeking sustainable, wellness-driven living spaces in high-potential locations. Thoughtfully planned to complement a modern lifestyle, the development features Manhattan-style landscaped spaces, a Central Park-inspired fountain, and a triple-height lobby. Key features include exclusive terrace amenities, such as a gym, badminton court, and lounge, offering unparalleled views and experiences. The project also boasts a range of well-curated amenities, including jogging tracks, pickleball courts, water features, and a three-level clubhouse. Together, these elements create a harmonious balance of elegance, functionality, and wellness for contemporary living. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Godrej Properties acquires land parcel in Indore for developing premium residential units

The development on the said land will primarily comprise premium plotted residential units. The project will have an estimated revenue potential of Rs 500 crore. After acquiring 46 acres in July'2024 on Indore-Ujjain Road, this will be GPL's second acquisition in Indore thereby strengthening its presence in the city of Indore,' the company stated. Gaurav Pandey, MD & CEO, Godrej Properties, said: 'We are happy to expand our presence in Indore further strengthening our presence in this vibrant city. With residential plotted developments gaining momentum, the Indore bypass road presents a promising opportunity for us to expand. This acquisition strategically aligns with our focus on entering high-growth cities through plotted developments.' Godrej Properties is the real estate arm of the Godrej Group. It is a subsidiary of Godrej Industries, which holds 58.48% of the company's equity shares as of 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 fell 0.88% to currently trade at Rs 2474.80 on the BSE. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Godrej Properties acquires 24-acre land in Indore

Godrej Properties  today announced that it has acquired ~24-acres of land in Indore. The development on this land will primarily comprise premium plotted residential units and will offer an estimated saleable area of ~6.20 lakh square feet. After acquiring 46 acres in July'2024 on Indore-Ujjain Road, this will be GPL's second acquisition in Indore thereby strengthening its presence in the city of Indore. Located just off prime Indore bypass road, a rapidly growing real estate hub, the land is connected to key areas like Dewas and Palda with excellent infrastructure. The area boasts seamless connectivity via major junctions like Chhatrapati Shivaji Square and other major nodes of the city. It features renowned institutions, top hospitals like CHL Hospital, leisure attractions such as Phoenix Inside Mall, and hotels like Sheraton. Proximity to IT hubs like Crystal IT Park and Software Technology Parks of India enhances employment opportunities, making it an ideal residential destination.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Godrej Properties Ltd Spikes 0.15%

Godrej Properties Ltd rose 0.15% today to trade at Rs 2790.55. The BSE Realty index is up 0.43% to quote at 8269.36. The index is up 0.71 % over last one month. Among the other constituents of the index, Anant Raj Ltd increased 0.13% and Sobha Ltd added 0.01% on the day. The BSE Realty index went up 34.52 % over last one year compared to the 8.86% surge in benchmark SENSEX. Godrej Properties Ltd has lost 3.83% over last one month compared to 0.71% gain in BSE Realty index and 2.47% drop in the SENSEX. On the BSE, 198 shares were traded in the counter so far compared with average daily volumes of 1.7 lakh shares in the past one month. The stock hit a record high of Rs 3400 on 16 Jul 2024. The stock hit a 52-week low of Rs 1984.5 on 02 Jan 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live