Godrej Properties Limited (GODREJPROP) AI Stock Analysis

• Market Cap: ₹563.75B
• Dividend Yield: N/A
• Average Volume (3M): 22.02K
• Price to Earnings (P/E): 36.1
• Beta (1Y): 1.83
• Revenue Growth: 37.14%
• EPS Growth: 3.92%
• Country: IN
• Employees: 3,015
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 13.40
• Shares Outstanding: 301,206,330
• 10 Day Avg. Volume: 23,822
• 30 Day Avg. Volume: 22,018
• PEG Ratio: 0.47
• Price to Book (P/B): 3.37
• Price to Sales (P/S): 11.84
• P/FCF Ratio: -23.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ₹1,918.00 ▼(-7.28% Downside)

The overall stock score is primarily influenced by strong financial performance, despite cash flow challenges and high debt reliance. Technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation.

Positive Factors

Robust Revenue Growth

A 62% YoY revenue jump reflects strong sales execution and project delivery momentum. Over the next 2-6 months this supports backlog realization, improves cash inflows as projects complete, and demonstrates sustainable market demand for the company’s developments.

Improved Profitability and Margins

Significantly higher gross and net margins indicate stronger pricing power and cost control. Durable margin improvement increases retained earnings potential, builds resilience to input cost swings, and supports reinvestment into projects and land over the medium term.

Established Brand and JV Business Model

Being part of the Godrej Group and using joint ventures provides durable competitive advantages: brand-driven demand, access to premium land through partners, and risk/capital sharing that improves capital efficiency and accelerates project pipeline execution.

Negative Factors

Negative Free Cash Flow

Persistent negative free cash flow means profits are not converting into cash, increasing reliance on external funding to complete projects. Over months this constrains liquidity, raises financing needs, and can delay new launches or slow deleveraging efforts.

Reliance on Debt Financing

A debt-to-equity of 0.73 signals material leverage funding land and construction. While common in real estate, this increases exposure to interest-rate and refinancing risk, limiting flexibility to pursue large opportunities if credit conditions tighten in the medium term.

Very Low EBITDA Margin

An EBITDA margin under 1% despite strong gross margins suggests high operating overhead or stage-of-completion effects limiting operating profitability. This weakens operating cash generation and leaves less buffer to absorb cost pressures or slower sales cycles over coming quarters.

Godrej Properties Limited Business Overview & Revenue Model

Company Description

Godrej Properties Limited, together with its subsidiaries, primarily engages in the real estate construction, development, and other related activities in India. It develops residential, commercial, and township projects. Godrej Properties Limited was incorporated in 1985 and is based in Mumbai, India.

How the Company Makes Money

Godrej Properties primarily generates revenue through the sale of residential and commercial properties. Its revenue model is centered around project development, where the company earns income from the sale of units in its completed projects. Key revenue streams include residential sales, commercial leasing, and joint venture agreements with landowners and other developers. The company often engages in partnerships to develop large-scale projects, sharing profits and risks while expanding its portfolio. Additionally, Godrej Properties may earn ancillary revenue through amenities and services offered within its developments, thereby enhancing overall earnings.

Godrej Properties Limited Financial Statement Overview

Summary

Godrej Properties Limited demonstrates strong revenue growth and improved profitability, indicating a positive business outlook. However, challenges with cash flow and reliance on debt financing highlight areas for improvement.

Income Statement

Godrej Properties Limited has shown a strong revenue growth trajectory with a 62.14% increase from 2024 to 2025, reflecting robust business expansion. The gross profit margin improved significantly to 40.60% in 2025, indicating effective cost management. Net profit margin also increased to 28.44%, highlighting enhanced profitability. However, the EBITDA margin remains low at 0.90%, indicating room for operational efficiency improvements.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio of 0.73, which is manageable but indicates reliance on debt financing. The equity ratio stands at 31.22%, reflecting a stable capital structure. Return on equity has improved to 8.08%, suggesting better returns for shareholders, though still with some room for improvement.

Cash Flow

Despite a challenging cash flow situation, with negative free cash flow, the company managed to improve its operating cash flow to net income ratio to -1.60 in 2025, showing progress in cash generation relative to earnings. The free cash flow to net income ratio is -1.75, reflecting ongoing challenges in converting profits into free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	54.75B	49.23B	30.36B	22.52B	18.25B	7.65B
Gross Profit	22.46B	19.98B	12.28B	10.10B	6.31B	2.90B
EBITDA	5.90B	526.70M	-998.00M	2.46B	1.25B	-3.37B
Net Income	15.50B	14.00B	7.25B	5.71B	3.52B	-1.89B
Balance Sheet
Total Assets	721.65B	554.66B	357.35B	231.05B	178.04B	162.48B
Cash, Cash Equivalents and Short-Term Investments	99.03B	91.15B	42.24B	44.27B	48.74B	40.53B
Total Debt	163.24B	126.41B	106.79B	64.31B	51.96B	45.42B
Total Liabilities	535.90B	378.92B	254.33B	138.18B	91.30B	79.28B
Stockholders Equity	183.11B	173.12B	99.93B	92.64B	86.75B	83.19B
Cash Flow
Free Cash Flow	-22.10B	-24.54B	-13.88B	-31.66B	-5.98B	-8.00B
Operating Cash Flow	-20.58B	-22.42B	-6.93B	-28.61B	-4.52B	-6.71B
Investing Cash Flow	-21.68B	-43.07B	-20.80B	24.88B	1.24B	-33.22B
Financing Cash Flow	37.63B	67.10B	32.58B	8.32B	2.35B	42.59B

Godrej Properties Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2068.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GODREJPROP, the sentiment is Negative. The current price of 2068.7 is above the 20-day moving average (MA) of 2016.98, below the 50-day MA of 2073.84, and below the 200-day MA of 2139.36, indicating a bearish trend. The MACD of -33.08 indicates Positive momentum. The RSI at 31.54 is Neutral, neither overbought nor oversold. The STOCH value of 7.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GODREJPROP.

Godrej Properties Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DLF	69 Neutral	₹1.61T	37.56	―	0.86%	28.92%	18.86%
OBEROIRLTY	68 Neutral	₹598.98B	26.82	―	0.48%	2.76%	-3.84%
LODHA	65 Neutral	₹1.06T	31.71	―	0.39%	25.57%	58.31%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
PHOENIXLTD	64 Neutral	₹667.81B	61.92	―	0.14%	-1.32%	-4.67%
GODREJPROP	55 Neutral	₹563.75B	36.06	―	―	37.14%	3.92%
PRESTIGE	54 Neutral	₹645.17B	84.28	―	0.11%	-2.28%	5.18%

Godrej Properties Limited Corporate Events

Godrej Properties Secures Key Land Parcel in Hyderabad’s Neopolis

Godrej Properties Limited has emerged as the highest bidder for a 5-acre land parcel in Neopolis, Kokapet, Hyderabad, a high-growth real estate destination. The proposed premium residential project on this land is expected to offer 2.5 million sq. ft. of saleable area with an estimated revenue potential of INR 4,150 crore. This acquisition reinforces Godrej Properties’ growing presence in Hyderabad, a rapidly expanding market for the company, and aligns with its strategic focus on high-potential regions. The development is set to benefit from the area’s robust infrastructure and demand from high-income homebuyers.

Godrej Properties Expands into Dubai with New Subsidiary

Godrej Properties Limited has announced the incorporation of a wholly owned subsidiary, GODREJ REDCO CONSULTANCIES L.L.C., in Dubai, UAE. This strategic move aims to expand their real estate operations internationally, focusing on comprehensive real estate transactions and services. This expansion is expected to strengthen Godrej Properties’ market presence in the Middle East, potentially offering new opportunities for growth and collaboration in the region.

Godrej Properties Surpasses FY26 Guidance with Strategic Nagpur Land Acquisition

Godrej Properties Limited has announced the acquisition of a 75-acre land parcel in Nagpur, surpassing its FY26 business development guidance. This acquisition, strategically located near key infrastructure, will focus on developing plotted residential units, enhancing Godrej’s presence in emerging real estate markets and contributing to Nagpur’s growth as a center for infrastructure and industrial development.

Godrej Properties Releases Unaudited Financial Results for September 2025

Godrej Properties Limited has published its unaudited financial results for the quarter and half-year ending September 30, 2025, in newspapers Financial Express and Loksatta. The results, which include both standalone and consolidated figures, show the company’s financial performance over the period. The publication of these results is in compliance with the Securities and Exchange Board of India’s regulations, and they are accessible through a QR code for detailed viewing. This disclosure is part of the company’s commitment to transparency and regulatory compliance, potentially impacting stakeholder confidence and market positioning.

Godrej Properties Secures RERA Approval for Major Mumbai Project

Godrej Properties Limited has received the RERA approval for Phase 1 of its Godrej Trilogy project in Worli, Mumbai, which is expected to generate over INR 10,000 crore in revenue. This development, strategically located near the Mahalaxmi Racecourse, will feature three towers with luxurious residences offering expansive views and high-end amenities. The project strengthens Godrej’s presence in South Mumbai, aligning with its strategy to develop high-potential urban land parcels, and is anticipated to significantly enhance its residential portfolio in the region.