Godrej Properties announces ₹10 dividend per share, highest-ever payout

Record-Breaking Dividend Marks Strong FY26 Close for Godrej Properties

Godrej Properties has recommended a dividend of ₹10 per share (200%) for FY26—the highest-ever dividend since its listing and the first payout since 2015, when it last declared a final dividend of ₹2 per share. The company said it will distribute around ₹301.20 crore to shareholders.

The record date for dividend eligibility has been set as July 28, 2026, and the payout will be made before September 3, 2026, after AGM approval.

Strong Profitability Drives the Announcement

Godrej Properties delivered its highest ever annual net profit of ₹1,850 crore for FY26, registering a YoY growth of 32%. In the March 2026 quarter alone, the company reported a 73% jump in its consolidated profit at ₹650 crore for the quarter ended March, compared to ₹376 crore in the year-ago period.

Revenue from operations rose nearly 64% year-on-year to ₹3,458 crore in Q4FY26, compared to ₹2,121 crore in Q4FY25. The firm reported stable operational performance as its EBITDA surged to ₹523 crore as against ₹110 crore a year earlier.

Full-Year Delivery and Execution

The company said it has delivered projects aggregating 12.1 million sq. ft. in FY26, achieving 121% of guidance. Pirojsha Godrej, Executive Chairperson, Godrej Properties, said the company has delivered its highest ever bookings, collections, operating cash flows, earnings, and business development in FY26.

About Godrej Properties

Godrej Properties was founded in 1990 by Adi Godrej, as the real estate arm of the Godrej Group. The company became a publicly listed company in 2010, raising funds through an Initial Public Offering (IPO) to expand its development portfolio.

The company has over 200 completed and ongoing projects in cities like Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Ahmedabad, Delhi-NCR, and Kolkata. It has developed over 20 million sq. ft. of residential and commercial space and has a pipeline of over 80 million sq. ft. in various stages of planning and construction.

Market Response

Following the earnings, Godrej Properties shares climbed 6.3% to touch an intraday high of ₹1,951.90 apiece.