Godrej Properties Limited (IN:GODREJPROP)
:GODREJPROP
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Godrej Properties Limited
(GODREJPROP)
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Rating:59Neutral
Price Target:
₹1,577.00
▼(-23.77% Downside)
Action:ReiteratedDate:02/04/26
The score is driven primarily by strong financial performance (rapid revenue growth and improved margins), but is held back by negative free cash flow and a clearly bearish technical setup with the stock trading below major moving averages. Valuation is a modest additional headwind given the P/E of 32.73 and no stated dividend yield.
Positive Factors
Revenue & margin expansion
A 62% revenue jump with materially higher gross and net margins signals durable demand, improved pricing and cost control across projects. Sustained top-line growth and margin expansion support internal reinvestment for launches, enhance resilience to cycles, and underpin long-term profitability.
Negative Factors
Negative free cash flow
Persistent negative free cash flow and weak operating cash conversion mean profits are not translating into surplus cash. This forces reliance on external financing for launches and completions, raising refinancing risk and constraining discretionary spending like buybacks or accelerated deleveraging.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue & margin expansion
A 62% revenue jump with materially higher gross and net margins signals durable demand, improved pricing and cost control across projects. Sustained top-line growth and margin expansion support internal reinvestment for launches, enhance resilience to cycles, and underpin long-term profitability.
Read all positive factors
Godrej Properties Limited (GODREJPROP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹517.23B
Dividend YieldN/A
Average Volume (3M)22.02K
Price to Earnings (P/E)77.3
Beta (1Y)1.86
Revenue Growth37.14%
EPS Growth3.92%
CountryIN
Employees3,015
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)6.90
Shares Outstanding301,207,730
10 Day Avg. Volume23,822
30 Day Avg. Volume22,018
Financial Highlights & Ratios
PEG Ratio0.47
Price to Book (P/B)3.37
Price to Sales (P/S)11.84
P/FCF Ratio-23.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹2,096.00Price Target Upside1.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)83.36
Revenue Forecast (FY)₹90.20B
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...
How the Company Makes Money
Godrej Properties makes money primarily by developing and selling real estate units in its projects. Its key revenue stream is income from the sale of residential and other property units (e.g., apartments or commercial inventory), which is typica...
Godrej Properties Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
70
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 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
Neutral
2068.70
Price Trends
1671.96
Positive
1843.25
Negative
1997.36
Negative
Market Momentum
-10.60
Negative
58.84
Neutral
90.54
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GODREJPROP, the sentiment is Neutral. The current price of 2068.7 is above the 20-day moving average (MA) of 1581.53, above the 50-day MA of 1671.96, and above the 200-day MA of 1997.36, indicating a neutral trend. The MACD of -10.60 indicates Negative momentum. The RSI at 58.84 is Neutral, neither overbought nor oversold. The STOCH value of 90.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GODREJPROP.
Godrej Properties Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹1.41T | 35.36 | ― | 0.86% | 28.92% | 18.86% | |
68 Neutral | ₹607.76B | 24.40 | ― | 0.48% | 2.76% | -3.84% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | ₹826.85B | 27.67 | ― | 0.39% | 25.57% | 58.31% | |
64 Neutral | ₹630.51B | 60.08 | ― | 0.14% | -1.32% | -4.67% | |
59 Neutral | ₹517.23B | 77.34 | ― | ― | 37.14% | 3.92% | |
52 Neutral | ₹569.12B | 77.12 | ― | 0.11% | -2.28% | 5.18% |
* Real Estate Sector Average
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Godrej Properties Limited Corporate Events
Godrej Properties Buys 20-Acre Bengaluru Plot for ₹1,350 Crore Premium Housing Project
Mar 18, 2026
Godrej Properties has acquired an approximately 20-acre land parcel near the Whitefield growth corridor in East Bengaluru, where it plans to develop a premium residential project with an estimated revenue potential of about ₹1,350 crore. Loc...
Godrej Properties Secures Prime EM Bypass Land in Kolkata for Premium Housing Project
Mar 4, 2026
Godrej Properties has secured a prime five-acre land parcel off Kolkata’s EM Bypass through an e-auction held by West Bengal Housing Infrastructure Development Corporation, where it plans a premium residential project with an estimated reven...
Godrej Properties Buys Prime Gurugram Land, Adding ₹4,500 Crore Revenue Potential
Mar 4, 2026
Godrej Properties has acquired an 11.36-acre land parcel in Sector 63A on Gurugram’s Golf Course Extension Road through an outright purchase, aiming to develop a mix of premium low-rise and high-rise residences with lifestyle amenities and a...
Godrej Properties to Launch ₹7,500-Crore Residential Project in Thane
Feb 23, 2026
Godrej Properties has entered a joint development agreement to build a largely residential project on an approximately 18-acre land parcel in Thane, Mumbai, a well-connected micro-market with strong social infrastructure. The project, the develope...
Godrej Properties to Present Q3 FY26 Unaudited Results to Investors
Feb 5, 2026
Godrej Properties Limited has announced that it will present its unaudited financial results for the quarter and nine months ended December 31, 2025, to investors and analysts through a scheduled conference call on February 5, 2026. The release si...
Godrej Properties Nets Over ₹1,000 Crore at Launch of First Plotted Project in Panipat
Feb 3, 2026
Godrej Properties has reported sales of over INR 1,000 crore from the launch of Evora Estate, its first plotted residential development in Panipat, marking the company’s most successful plotted development launch by value. The Mediterranean-...
Godrej Properties Clocks Over ₹2,000 Crore in Launch Sales at Worli’s Godrej Trilogy
Feb 2, 2026
Godrej Properties has reported sales of over INR 2,000 crore from the first phase of its luxury residential project Godrej Trilogy in Worli, South Mumbai, where it has sold nearly 100 high-end 3- and 4-bedroom apartments since the project’s ...
Godrej Properties Buys 8.5-Acre Pune Plot With ₹2,000 Crore Revenue Potential
Jan 30, 2026
Godrej Properties has acquired an approximately 8.5-acre land parcel in the fast-growing Mahalunge micro-market of Pune through an outright purchase, with plans to develop a primarily group housing project offering about 2.1 million square feet of...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.