Godrej Properties Limited (GODREJPROP) AI Stock Analysis

• Market Cap: ₹516.01B
• Dividend Yield: N/A
• Average Volume (3M): 22.02K
• Price to Earnings (P/E): 32.2
• Beta (1Y): 2.00
• 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): 6.90
• 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: 59 Neutral
• Price Target: ₹1,775.00 ▼(-14.20% Downside)

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 Growth

Sustained revenue growth of 62% year-over-year signals strong demand and successful project execution. Over 2-6 months this underpins recurring project launches, supports scale benefits in procurement and marketing, and provides a larger base to convert future launches into profits and cash.

Margin Improvement

Higher gross and net margins reflect improved pricing, cost control and project mix. Durable margin improvement enhances resilience across cycles, enabling reinvestment in land/project development and buffering cash flows against construction cost inflation and sales slowdowns.

Partnership/JDA Business Model

Reliance on joint development agreements and JVs reduces upfront land capital and spreads development risk. Structurally this lowers capital intensity, accelerates geographic expansion and preserves balance-sheet capacity, improving long-term scalability and return on invested capital.

Negative Factors

Negative Free Cash Flow

Persistently negative free cash flow and a FCF-to-net-income ratio of -1.75 indicate earnings are not being converted to cash. This strains liquidity for ongoing construction, increases reliance on external funding, and raises refinancing and execution risk over the medium term.

Weak Operational Efficiency (EBITDA)

An EBITDA margin near 1% shows limited operating profit before non-cash and financing items. Such thin operational cushions reduce tolerance for cost overruns or slower sales, making long-term margin sustainability and cash generation vulnerable during cyclical downturns.

Reliance on Debt / Moderate Leverage

A debt-to-equity of 0.73 and equity ratio ~31% show meaningful reliance on borrowed funds. In a capital-intensive, cyclical sector this elevates interest and refinancing exposure, constrains strategic flexibility, and increases vulnerability to rising rates or tighter credit conditions.

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

Strong revenue growth (+62.14% from 2024 to 2025) and improved profitability (gross margin 40.60%, net margin 28.44%) support the score. It is tempered by weak operational efficiency (EBITDA margin 0.90%), negative free cash flow, and only moderate balance-sheet strength (debt-to-equity 0.73).

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: Negative
• RSI: Neutral
• STOCH: Negative

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 1718.46, above the 50-day MA of 1918.36, and below the 200-day MA of 2109.04, indicating a bearish trend. The MACD of -92.65 indicates Negative momentum. The RSI at 42.61 is Neutral, neither overbought nor oversold. The STOCH value of 88.56 is Negative, 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	₹1.63T	36.91	―	0.86%	28.92%	18.86%
OBEROIRLTY	68 Neutral	₹561.17B	25.08	―	0.48%	2.76%	-3.84%
LODHA	65 Neutral	₹1.06T	31.56	―	0.39%	25.57%	58.31%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
PHOENIXLTD	64 Neutral	₹614.71B	56.43	―	0.14%	-1.32%	-4.67%
GODREJPROP	59 Neutral	₹516.01B	32.17	―	―	37.14%	3.92%
PRESTIGE	54 Neutral	₹660.42B	68.06	―	0.11%	-2.28%	5.18%

Godrej Properties Limited Corporate Events

Godrej Properties to Present Q3 FY26 Unaudited Results to Investors

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 signals the company’s ongoing engagement with capital markets and stakeholders via formal investor presentations, underscoring its emphasis on transparency and regular financial disclosures, though no specific performance figures or strategic details are provided in this announcement.

Godrej Properties Nets Over ₹1,000 Crore at Launch of First Plotted Project in Panipat

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-themed, 43-acre project in Sector 40, located off NH 44A, comprises more than 600 plots across about 8 lakh square feet and expands the developer’s portfolio of plotted townships in North India, underscoring its growing presence in Haryana and tapping into Panipat’s rising appeal as a residential hub amid improving infrastructure and connectivity.

Godrej Properties Clocks Over ₹2,000 Crore in Launch Sales at Worli’s Godrej Trilogy

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 launch in November 2025. The development, spread over 2.63 acres and featuring three towers with sea, skyline, and racecourse views, leverages Worli’s status as a prime, well-connected residential hub and is designed as an IGBC Platinum pre-certified project, reinforcing the company’s sustainability credentials while strengthening its position in Mumbai’s premium housing market and its portfolio of landmark urban developments.

Godrej Properties Buys 8.5-Acre Pune Plot With ₹2,000 Crore Revenue Potential

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 developable area and an estimated revenue potential of around INR 2,000 crore. Strategically located in the Mahalunge–Maan–Nande belt near the upcoming Pune Inner Ring Road and well-connected to major IT and BFSI hubs like Hinjewadi and Baner–Balewadi, the project is intended to strengthen the company’s presence in Pune and aligns with its broader strategy of expanding across high-potential urban micro-markets, signaling continued growth momentum and value creation opportunities in a key residential market.

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.