GODREJPROPRealty

Godrej Properties Limited

Residential, Commercial Projects · ISIN INE484J01027 · BSE 533150 · NSE EQ · FV ₹5
Last price
₹1,678
+0.77%today
What this company does

Godrej Properties Limited operates in Residential, Commercial Projects, part of the Realty sector. It booked ₹506 cr of revenue in its latest quarter (Q1 FY27) and kept 69.2% of sales as profit. It is the 6th largest of 9 Residential, Commercial Projects companies we track, by market value.

50out of 100
Equitytale Health Score
Mixed

Healthier than 50% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
23

At close. Not part of the score.

Profitability & returns49

How much profit it earns on the money it employs

Balance sheet39

How much it owes, and whether earnings cover the interest

Cash quality9

Whether reported profit actually arrives as cash

Growth & consistency89

Whether sales and profit have grown, and how steadily

Valuation36

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 69% net margin
Sales up 16% vs last year
Promoters hold 52%
No promoter shares pledged
Watch-outs
! Profit down 42% vs last year
! Low 7.3% return on equity
! Operating cash flow is negative

What if I invest in GODREJPROP?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,678 +0.77%
latest close · 2026-09-17
1-year return
+14.5%
52-wk low ₹1,13052-wk high ₹2,598
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio36.1High
LowAverageHigh
P/B ratio2.64Moderate
Below bookModerateHigh
EV / EBITDA29.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.3%Weak
WeakFairStrong ▸15%
Return on capital9.2%Fair
WeakFairStrong
Net margin69.2%Strong
ThinDecentStrong
EBITDA margin107.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.81Moderate
LowModerateHigh ▸1
Interest cover14.5×Strong
RiskyOkayStrong ▸5×
Current ratio1.27Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹50,551 cr
Book value
₹636
EPS
₹11.62
latest quarter
Net debt
₹13,754 cr
owes more than its cash
Enterprise value
₹64,305 cr
EBITDA
₹2,181 cr
annualised
EBIT
₹2,061 cr
annualised
Operating margin
101.8%
Return on assets
1.7%
Earnings yield
2.77%
P/S
24.97
Sales / share
₹67.2
Tax rate
27.2%
Face value
₹5
Shares
30.1 cr
Working capital
₹16,293 cr
Current assets
₹75,818 cr
Current liabilities
₹59,525 cr
Delivery %
40.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹394₹430, midpoint ₹412

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹506 cr
Other Income₹839 cr
Total Income₹1,345 cr
Cost of Materials₹2,914 cr
Purchases of Stock-in-Trade₹84 L
Inventory Change (±)₹-2,715 cr
Employee Benefit Expense₹169 cr
Finance Costs₹36 cr
Depreciation & Amortisation₹30 cr
Other Expenses₹422 cr
Total Expenses₹857 cr
Exceptional Items₹-9 cr
Profit before Tax₹480 cr
Tax Expense₹130 cr
Net Profit₹349 cr
Net margin on total income26.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹200 cr15.0%
Employee benefit expense₹169 cr12.6%
Finance costs₹36 cr2.7%
Depreciation & amortisation₹30 cr2.3%
Other expenses₹422 cr31.6%
Tax expense₹130 cr9.8%
Profit for the period₹349 cr26.1%
Total income ₹1,345 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue498 cr3,458 cr506 cr
Total income1,034 cr3,807 cr1,345 cr
Expenses744 cr3,023 cr857 cr
Profit before tax269 cr869 cr480 cr
Tax61 cr224 cr130 cr
Net profit (owners' share)195 cr650 cr350 cr
Net margin (owners' share, on revenue)39.2%18.8%69.2%
EPS (₹)6.4821.5811.62
YoY (latest quarter): total income -17.0% · net profit -41.7%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹81,894 cr
Shareholder equity
₹19,156 cr
parent shareholders
Total debt
₹15,615 cr
Cash
₹1,861 cr
Cash flow · H1 FY26
Operating
₹-1,502 cr
Investing
₹-1,940 cr
Financing
₹3,009 cr
Peer comparison
Residential, Commercial Projects · by market value
CompanyPriceMarket capP/E
DLF Limited₹640₹1.58 L cr49.8
Lodha Developers Limited₹1,103₹1.10 L cr20.1
The Phoenix Mills Limited₹1,872₹66,957 cr56.4
Oberoi Realty Limited₹1,741₹63,292 cr29.1
Prestige Estates Projects Limited₹1,440₹62,025 cr65.7
Godrej Properties Limitedthis company₹1,678₹50,551 cr36.1
Anant Raj Limited₹597₹21,482 cr35.9
Brigade Enterprises Limited₹621₹20,251 cr25.3
Horizon Industrial Parks Limited₹52₹12,779 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.60%
trailing 12 months
Dividend / share (TTM)
₹10
Last dividend
₹10
ex 28 Jul 2026
ActionDetailEx-date
Dividend₹10 / share28 Jul 2026
Dividend₹2 / share27 Jul 2015
Dividend₹2 / share28 Jul 2014
Stock splitStock Split From Rs.10/- to Rs.5/-21 Nov 2013
Dividend₹4 / share2 Jul 2013
Dividend₹3 / share19 Jul 2012
Who owns it · 2026-06-30
No pledge
Promoter
51.7%
FII / Foreign
25.3%
DII / Domestic
9.0%
Retail / others
14.0%
Promoter stake down 6.8% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtGodrej Seeds & GeneticsLimited · Promoter Group1.31 L · ₹26.1 cr10 Mar 25
BoughtGodrej Seeds & GeneticsLimited · Promoter Group11,020 · ₹2.2 cr7 Mar 25
BoughtGodrej Seeds & GeneticsLimited · Promoter Group1.00 L · ₹19.4 cr3 Mar 25
Bulk / block deals
short · NSE30027 Aug 26
short · NSE65025 Aug 26
short · NSE6124 Jul 26
Stake changes
SoldGamnat→ 2.38%7 Apr 26
SoldMAS→ 1.58% · 25,5227 Apr 26
SoldGOS→ 2.44% · 1.41 L7 Apr 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 1 Aug 2025
See the official result
1
To consider and adopt the audited standalone financial statements and the audited consolidated financial statements of the Company for the financial year ended March 31, 2025, together with the reports of the Board of Directors and the Auditors thereon and other reports.
Backed by 100% of shareholders other than promotersneeded 50%
12.51 cr votes for, 185 against · 0% of mutual funds and other big investors said no
2
To appoint a Director in place of Mr. Pirojsha Godrej (DIN: 00432983), who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 96% of shareholders other than promotersneeded 50%
12.00 cr votes for, 51.64 L against · 5% of mutual funds and other big investors said no
3
To re-appoint Mr. Gaurav Pandey (DIN: 07229661) as the Managing Director & Chief Executive Officer and Key Managerial Personnel of the Company for a period of three years commencing from January 01, 2026 to December 31, 2028;
Backed by 76% of shareholders other than promotersneeded 75%
9.47 cr votes for, 3.05 cr against · 29% of mutual funds and other big investors said no
4
To approve the appointment of M/s BNP & Associates as the Secretarial Auditors of the Company from the financial year 2025-26 till the financial year 2029-30;
Backed by 100% of shareholders other than promotersneeded 50%
12.51 cr votes for, 1.68 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 123 named members
owning 51.7% between them · as of 2026-06-30
Godrej Industries Limited44.77%
Anamudi Real Estates LLP4.50%
Innovia Multiventures LLP (Formerly known as Innovia Multiventures Private Limited)1.40%
Godrej Seeds & Genetics Limited0.69%
Nadir Godrej, Hormazd Godrej and Rati Godrej (Trustees of BNG Family Trust)0.05%
Nadir Godrej, Hormazd Godrej and Rati Godrej (Trustees of HNG Family Trust)0.05%
Nadir Godrej, Hormazd Godrej and Rati Godrej (Trustees of SNG Family Trust)0.05%
Nisaba Godrej and Pirojsha Godrej (Trustees of NG Family Trust)0.05%
Business done with them
FY2026 · 2 of the group
The company paid ₹43 cr to companies in the promoter group last year — about 0.8% of its ₹5,131 cr revenue and received ₹6 L back from them.
GODREJ INDUSTRIES LIMITED
Other payments to them · Expenses charged by other Companies / Entities, Amount paid on transfer of Employee (Net), Expense charged to other Companies / Entities
also owns 44.77% of the company
₹40 cr
company paid
Godrej One Premises Management Private Limited
Other payments to them · Expenses charged by other Companies / Entities, Deposit given
₹2 cr
company paid
Godrej One Premises Management Private Limited
Transfers Under Finance Agreements From Entity · Expenses charged by other Companies / Entities, Deposit given
₹6 L
company received

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹6,000 cr raised in Dec 2024 by selling shares to large investors

As of Jun 2026, the company says it has spent 75% of what it set aside, leaving ₹1,488 cr still to be spent. ICRA Limited watches the spending on the exchange’s behalf.

To Invest in Our Subsidiaries Joint Ventures Associate and Affiliates Either Through Debt or Equity Capital Expenditure Including Acquisition of Land Land Development Rights or Development Rights Directly or Indirectly Working Capital Requirements of Our Company Repayment of Debt And General Corporate Purposes
75%
₹4,512 cr of ₹6,000 cr
Spent by quarter: 42%65%72%71%75%75% (to Jun 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.