Godrej Properties logo

Godrej Properties share price

NSE: GODREJPROPBSE: 533150RealtyMid Cap

Godrej Properties Limited · Face value ₹5 · Listed Jan 2010
Last close ₹1,600.00up ₹13.00 (0.82%)BSE ₹1,609.20

Share price at the NSE close on 29 Oct 2026. Previous close ₹1,587.00.

29 Oct: open ₹1,578.50, high ₹1,617.00, low ₹1,570.00

52-week range of traded prices to 29 Oct 2026
₹1,434.00Low, 2 Apr 2026₹2,339.00High, 31 Oct 2025
Market cap
₹48,196 Cr196th largest listed
P/E
35.72
P/B
2.49
Dividend yield
0.63%
ROE
7.2%
ROCE
−1.4%
Debt to equity
1.01
Volume, NSE
13,52,51869.4% delivered

Godrej Properties share price chart

Daily closes since Jan 2010, adjusted for splits and bonuses

−30.8%over a year · Nifty Realty −13.8% · Nifty 500 −8.4%

ResultsDividend20-session average 5,87,156 shares a day, 44.3% delivered

About Godrej Properties

Godrej Properties Limited develops and sells homes, mainly to individual buyers, in Indian cities including the Mumbai Metropolitan Region (MMR), the National Capital Region (NCR), Bengaluru, Pune and Hyderabad.12 It also sells commercial units and plotted land, and provides development and project management services.3

It buys some land outright and develops other projects with landowners under joint development agreements, sharing the revenue, profit or built area with them.45

It was incorporated on 8 Feb 1985 and listed its shares on 4 Jan 2010.16 In Dec 2024 it raised ₹6,000 crore by selling new shares to institutional investors (a qualified institutional placement), the largest such sale in Indian real estate, the company says.7

It is part of the Godrej Industries Group, for which real estate is the largest business by sales.8 In the year to Mar 2026 its promoters increased their stakes in the company and in its holding company, Godrej Industries Limited, by 5% each, investing ₹2,674 crore and ₹1,896 crore respectively.9 Pirojsha Godrej is Executive Chairperson and Gaurav Pandey is Managing Director and Chief Executive Officer.10

Godrej Properties key points

Results

  • In the quarter to Sep 2026, consolidated total income was ₹2,575 crore (₹1,867 crore a year earlier), EBITDA (profit before interest, tax, depreciation and amortisation) ₹171 crore (₹614 crore) and net profit ₹154 crore (₹405 crore).11
  • In the year to Mar 2026, consolidated total income, as the company presents it, was ₹8,374 crore, up 22%, EBITDA ₹2,826 crore and net profit after minority interest ₹1,850 crore, up 32%.1213
  • Bookings (the value of homes sold) were ₹34,171 crore in the year to Mar 2026, up 16%, the highest by any Indian developer in a year, the company says. It was India's largest residential developer by booking value for the 3rd year running.14

Business segments

  • It reports 2 segments: real estate development, with ₹5,011.79 crore of revenue in the year to Mar 2026, and hospitality, with ₹119.64 crore. It owns Taj The Trees, a 151-room hotel that Taj manages.1516

Bookings by city

  • Bookings by region217
    Itemquarter to Sep 2026
    NCR₹1,926 crore
    MMR₹1,899 crore
    Bengaluru₹1,564 crore
    Pune₹976 crore
    Hyderabad₹782 crore
    Others₹861 crore
    In the year to Mar 2026, no single city brought more than 30% of bookings.
  • In the year to Dec 2025 it was for the first time 1st or 2nd by bookings among listed developers in each of India's 5 largest property markets, the company says.18

Sales and cash flow

  • Bookings were ₹8,008 crore in the quarter to Sep 2026 from 3,658 homes, down 6% on a year earlier as some launches moved to the next quarter and launches totalled ₹5,500 crore. Bookings for the half year rose 7% to ₹16,659 crore.19
  • Collections from customers were ₹5,318 crore in the quarter to Sep 2026, up 31%, and operating cash flow (cash generated by its operations) was ₹1,584 crore, up 33%.2021
  • Net debt (borrowings less cash) was ₹7,908 crore at the end of September 2026, against ₹6,414 crore in March 2026, under its own ceiling of ₹10,000 crore.2223

Projects and land

  • At the end of September 2026 it had 127 projects with about 261 million square feet of developable area (floor space it can build).24
  • It added 18 projects with expected bookings of ₹42,100 crore in the year to Mar 2026, and 4 more with ₹15,500 crore in the half year to Sep 2026.2526

What the company expects

  • In its presentation of 23 Oct 2026, the company said it expects bookings of ₹22,500 crore to ₹25,000 crore in the half year to Mar 2027 and 15% to 20% bookings growth in the year to Mar 2027.27
  • In its presentation of 23 Oct 2026, the company said it expects about ₹15,000 crore of collections and ₹7,000 crore of operating cash flow in the half year to Mar 2027, turning free cash flow (cash after all spending) positive.28
  • In its presentation of 23 Oct 2026, the company said it aims for a 20% return on equity (profit over shareholders' funds) from the year to Mar 2028, with ₹40,000 crore of booking value delivered and recognised in profit by then, subject to approvals.2930
  • On its earnings call of 4 Aug 2026, the company said that for the projects it is taking on it keeps its expectation of a 20% internal rate of return (yearly return on money invested) and 15% profit after tax.31

Recent events

  • On 2 Sep 2026 ICRA reaffirmed the company's credit ratings (a view of its ability to repay debt): AA+ (Stable) for long-term and A1+ for short-term debt.32
  • On 10 Aug 2026 the merger of Embellish Houses Private Limited into the company took effect; on 4 Aug 2026 the board approved merging Godrej Housing Projects Private Limited, an indirect wholly owned subsidiary, into it.3334
  • On 4 May 2026 the board recommended a dividend of ₹10 a share for the year to Mar 2026, the company's first dividend since 2015.3536

Litigation and regulatory matters

  • On 24 Jul 2024 Chandigarh's Estate Officer revoked approvals for the Godrej Eternia commercial building; the company's challenge was pending in the Punjab and Haryana High Court as of 8 Jul 2026, and the Chandigarh Administration told the court it would take no coercive action.37
  • An arbitration award of 8 Sep 2025 directs the company to pay ₹240.81 crore plus interest over Project Anandam, Nagpur; it has challenged the award in the High Court, where the matter was pending as of its annual report of 8 Jul 2026.38
  • On 3 Jul 2026 the company received an order of 8 Jun 2026 from the Chhattisgarh real estate regulator fining it ₹10 lakh for advertising Greenvale Estate, Raipur, before registration; it says third parties issued them, and it obtained registration on 25 Jun 2026.3940

Last updated

All 40 sources, each with its page
  1. 1. Annual report, 8 Jul 2026, page 138
  2. 2. Investor presentation, 23 Oct 2026, page 13
  3. 3. Annual report, 8 Jul 2026, page 167
  4. 4. Annual report, 8 Jul 2026, page 33
  5. 5. Investor presentation, 23 Oct 2026, page 34
  6. 6. Investor presentation, 23 Oct 2026, page 9
  7. 7. Investor presentation, 23 Oct 2026, page 7
  8. 8. Investor presentation, 23 Oct 2026, page 5
  9. 9. Annual report, 8 Jul 2026, page 16
  10. 10. Annual report, 8 Jul 2026, page 116
  11. 11. Investor presentation, 23 Oct 2026, page 29
  12. 12. Annual report, 8 Jul 2026, page 115
  13. 13. Annual report, 8 Jul 2026, page 16
  14. 14. Annual report, 8 Jul 2026, page 115
  15. 15. Annual report, 8 Jul 2026, page 242
  16. 16. Investor presentation, 23 Oct 2026, page 23
  17. 17. Annual report, 8 Jul 2026, page 33
  18. 18. Investor presentation, 23 Oct 2026, page 8
  19. 19. Investor presentation, 23 Oct 2026, page 13
  20. 20. Investor presentation, 23 Oct 2026, page 11
  21. 21. Investor presentation, 23 Oct 2026, page 19
  22. 22. Investor presentation, 23 Oct 2026, page 32
  23. 23. Annual report, 8 Jul 2026, page 34
  24. 24. Investor presentation, 23 Oct 2026, page 6
  25. 25. Annual report, 8 Jul 2026, page 115
  26. 26. Investor presentation, 23 Oct 2026, page 20
  27. 27. Investor presentation, 23 Oct 2026, page 14
  28. 28. Investor presentation, 23 Oct 2026, page 19
  29. 29. Investor presentation, 23 Oct 2026, page 8
  30. 30. Investor presentation, 23 Oct 2026, page 22
  31. 31. Earnings call, 4 Aug 2026, page 15
  32. 32. Exchange filing, 2 Sep 2026, page 1
  33. 33. Exchange filing, 10 Aug 2026, page 1
  34. 34. Exchange filing, 4 Aug 2026, page 1
  35. 35. Annual report, 8 Jul 2026, page 115
  36. 36. Annual report, 8 Jul 2026, page 16
  37. 37. Annual report, 8 Jul 2026, page 195
  38. 38. Annual report, 8 Jul 2026, page 195
  39. 39. Exchange filing, 3 Jul 2026, page 1
  40. 40. Exchange filing, 3 Jul 2026, page 2

Results

Consolidated; ₹ crore.Godrej Properties quarterly results

Revenue growth, 12 months
+50.0%
Net profit growth, 12 months
−12.9%

Quarter to Sep 2026, against the quarter before

Revenue
₹1,935 Crup 282.32%
Net profit
₹145 Crdown 58.36%
Net margin
7.5%

Revenue by quarter

₹969 CrDec 24₹2,122 CrMar 25₹435 CrJun 25₹740 CrSep 25₹498 CrDec 25₹3,458 CrMar 26₹506 CrJun 26₹1,935 CrSep 26
Peak revenue ₹3,458 Cr, quarter to Mar 2026; lowest ₹435 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹158 CrDec 24₹378 CrMar 25₹598 CrJun 25₹403 CrSep 25₹194 CrDec 25₹645 CrMar 26₹349 CrJun 26₹145 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue9692,1224357404983,4585061,935
Net profit158378598403194645349145
Net margin16.3%17.8%137.7%54.4%38.9%18.7%69.0%7.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Real Estate Development, which carries all its revenue. From the quarter to Sep 2026 it reports 2 businesses, by share of revenue: Real Estate, 98.5% and Hospitality, 1.5%.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2019: days before it are of the company before the change.Godrej Properties PE ratio and valuation

Price to earnings

At or below today's level on 8% of 2,200 trading days over the last 10 years.

LowestHighest
Its median71.80Industry median17.55
Price to book

At or below today's level on 1% of 1,762 trading days since Nov 2018.

LowestHighest
Its median4.80Industry median1.56
Dividend yield

At or below today's level on 99% of 2,479 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.50%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−30.2%+32.2%−47.7%0.7%
3 years+12.8%+44.1%−21.8%0.2%
5 years+1.0%––0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Godrej Properties shareholding pattern

Shareholding by group

  • Promoters51.66%
  • Foreign institutions24.37%
  • Indian institutions9.71%
  • Individuals and others14.26%
Holder
Godrej Industries LimitedPromoter44.77%
Anamudi Real Estates LLPPromoter4.50%
GODREJ & BOYCE MFG CO LTDCompanies3.54%
GAMNAT PTE. LTD.Foreign portfolio investors, category I2.38%
GOVERNMENT OF SINGAPOREForeign portfolio investors, category I1.91%
MONETARY AUTHORITY OF SINGAPOREForeign portfolio investors, category I1.44%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.96 pts, Indian institutions +0.69 pts, mutual funds +0.76 pts.

Mutual fund holdings

177 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 95 of the 107 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 177 funds holding Godrej Properties

Bought for the first time
4
Bought again
2
Added
64
Cut
43
Held unchanged
62
Sold out
7
Fund
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund18,58,3500.40%₹302.6 Cr
Tata Mutual Fund logoTata Large & Mid Cap FundTata Mutual Fund17,00,0003.82%₹276.8 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund12,50,0000.20%₹203.6 Cr
DSP Mutual Fund logoDSP Midcap FundDSP Mutual Fund10,78,8140.90%₹175.7 Cr
SBI Mutual Fund logoSBI Multicap FundSBI Mutual Fund10,00,0000.69%₹162.9 Cr
Invesco Mutual Fund logoInvesco India Arbitrage FundInvesco Mutual Fund8,43,3750.45%₹137.3 Cr
Tata Mutual Fund logoTata Balanced Advantage FundTata Mutual Fund7,70,7701.57%₹125.5 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Mid Cap FundICICI Prudential Mutual Fund7,40,3231.51%₹120.6 Cr
Tata Mutual Fund logoTata Arbitrage FundTata Mutual Fund7,34,1750.49%₹119.6 Cr
SBI Mutual Fund logoSBI Arbitrage FundSBI Mutual Fund6,68,5250.24%₹108.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Godrej Properties insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade
  • Others: no market trade · 1 pledge filing of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Godrej Properties competitors and peers

Residential, Commercial Projects, 171 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Godrej Properties in market cap.Real estate companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Lodha Developers logoLodha DevelopersLODHA1,04,51625.334.49+26.0%+39.2%19.0%16.5%0.41%
The Phoenix Mills logoThe Phoenix MillsPHOENIXLTD70,45955.056.41+17.7%+29.0%11.9%12.0%0.13%
Prestige Estates Projects logoPrestige Estates ProjectsPRESTIGE61,98254.423.81+67.5%+115.9%7.2%8.7%0.14%
Oberoi Realty logoOberoi RealtyOBEROIRLTY59,63122.653.12+16.6%+18.0%14.7%15.8%0.49%
Brigade Enterprises logoBrigade EnterprisesBRIGADE17,35723.902.43−4.4%−8.7%10.6%8.8%0.38%
Anant Raj logoAnant RajANANTRAJ16,69627.952.76+12.3%+21.2%11.4%9.6%0.22%
Horizon Industrial Parks logoHorizon Industrial ParksHORIZONIND13,947–1.71––––0.00%
Sobha logoSobhaSOBHA12,36064.692.61+9.6%+28.5%4.1%3.5%0.52%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Godrej Properties dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 2510Mar 26
Highest ₹10.00 a share, year to Mar 2026.
Ex-dateTypePer share
28 Jul 2026Final₹10.00
27 Jul 2015Final₹2.00
28 Jul 2014Final₹2.00
2 Jul 2013Final₹4.00
19 Jul 2012Final₹3.00
14 Jul 2011Final₹4.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Godrej Properties announcements

Godrej Properties share price by year

Each calendar year to 2025.Godrej Properties share price history

YearClose at year endChangeHighest closeLowest close
20252,004.40−28.1%2,811.951,927.15
20242,786.50+38.4%3,381.402,002.05
20232,013.35+64.4%2,061.451,013.45
20221,224.70−34.6%1,977.951,150.90
20211,871.80+30.7%2,502.801,221.20
20201,432.15+44.9%1,432.15560.00
2019988.30+51.4%1,096.25660.30
2018652.70−5.8%882.05467.40
2017692.55+128.4%728.20313.70
2016303.20−9.8%377.80267.35
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 20261,573.201,599.801,562.501,587.001,585.717,21,40459.1%
27 Oct 20261,533.901,585.601,524.201,585.601,568.228,17,23642.1%
26 Oct 20261,500.001,547.201,475.601,525.201,517.718,76,29247.9%
23 Oct 20261,571.001,574.301,468.401,496.501,502.549,41,25229.0%
22 Oct 20261,557.001,581.901,536.901,565.001,561.214,74,29940.2%
21 Oct 20261,592.001,610.001,542.701,564.301,569.675,21,75342.2%
19 Oct 20261,605.001,627.501,579.201,589.001,600.732,64,01937.4%
16 Oct 20261,623.401,623.401,575.201,603.301,597.404,15,58041.8%
15 Oct 20261,580.401,635.001,575.001,616.901,614.726,63,84830.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
21 Nov 2013Split0.5000Each share became 2.
19 Aug 2013Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson
Pirojsha Adi Godrej
At the end of the quarter to Sep 2026
Managing director and CEO
Gaurav Pandey
At the end of the quarter to Sep 2026
NSE symbol
GODREJPROP
BSE code
533150
ISIN
INE484J01027
Industry
Realty
CIN
L74120MH1985PLC035308
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
Godrej One, 5th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (East), Mumbai 400079, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments