Godrej Properties Limited (GPL), which is part of the Godrej Group, was founded in 1985. The company had 92 ongoing and planned projects with a total saleable area of more than 200 million square feet as of March 31, 2023. The company’s business area is concentrated in the Mumbai Metropolitan Area, National Capital Region, Pune and Bengaluru.
With its headquarters in Mumbai, Godrej Properties has a presence in 10 cities. The company’s total workforce as of March 31, 2023, is 2,391 employees.
As on March 31, 2023, the promoters hold 58.48% shares in the company whereas FIIs, DIIs and public holds 29.25%, 4.61% and 7.66% shares respectively.
Godrej Properties became a publicly listed company in 2010 with a successful initial public offering (IPO). The company has a market capitalisation of over ₹55,000 crore as of December 30, 2023), Godrej Properties’ share price has gained 43.29% in 3 years.
Business operations
Residential Developments:
Godrej Properties develops modern residential spaces. The company’s portfolio comprises residences that combine aesthetic appeal and utility, ranging from luxurious high-rises to mid-range homes.
Mixed Use & Township Developments:
Godrej Properties combine residential, commercial and recreational areas. The goal is to establish a self-sufficient environment where people can live, work and play without compromising on convenience or quality.
Plotted Developments:
These projects give people the chance to construct their own houses on carefully laid-out plots. It helps combine the benefits of an established neighbourhood with the flexibility to personalise one’s living space.
In FY23, Godrej Properties achieved its highest-ever sales with 15.2 million square feet sold at a booking value of ₹12,232 crore. The year-on-year growth was 56%.
The company’s housing sales were evenly distributed across its four major markets. Each contributed over ₹2,000 crore in sales.
Godrej Properties’ Projects
Godrej Properties has several well-known projects in the Indian market. Planet Godrej, a skyscraper in Mumbai, which was built in 2008, was the country’s tallest occupied building at the time.
The company’s commercial office project, Godrej BKC, is located in Mumbai’s Bandra-Kurla Complex. It is a LEED Platinum-rated skyscraper.
One of India’s best mixed-use residential buildings with sustainable planning is The Trees, a flagship project of Godrej Properties.
The CII-Godrej Green Building Centre in Hyderabad, completed in 2004, was the first LEED Platinum building outside the United States and held the highest LEED rating globally.
The Clinton Foundation selected Godrej Garden City, a sprawling township project in Ahmedabad, as one of just two projects in India and 16 globally to partner in achieving a climate-positive development.
Godrej Properties Financial Highlights
- Revenue: Godrej Properties reported revenue of ₹8,410.88 crore in FY26 vs ₹6,967.05 crore in FY25. It showed an increase of 20.72% on a yearly basis.
- Operating Profit: Godrej Properties reported an operating profit of ₹2,550.58 crore in FY26 vs ₹1,722.62 crore in FY25. It showed an increase of 48.06% on a year-on-year basis.
- Net Profit: Godrej Properties reported a net profit of ₹1,840.66 crore in FY26 vs ₹1,389.23 crore in FY25. It showed an increase of 32.49% on a yearly basis.
Godrej Properties Quarterly Result Highlights
- Godrej Properties reported revenue of ₹1,345.04 crore in Jun 2026, compared with ₹3,806.65 crore in Mar 2026, representing a decrease of 64.67% on a quarter-on-quarter (QoQ) basis.
- Godrej Properties reported an operating profit of ₹479.71 crore in Jun 2026, compared with ₹869.40 crore in Mar 2026, representing a decrease of 44.82% on a quarter-on-quarter (QoQ) basis.
- Godrej Properties reported a profit of ₹349.38 crore in Jun 2026, compared with ₹645.44 crore in Mar 2026, reflecting a decrease of 45.87% on a QoQ basis.
- The earnings per share (EPS) of Godrej Properties stood at ₹61.43 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
