Godrej Properties Q4 FY26 net profit grows 70% to record ₹650 crore

Record Quarterly Profit Driven by Strong Demand and Execution

Godrej Properties' profit for Q4 FY26 grew 70.13 percent year-on-year to ₹649.5 crore — the highest-ever quarterly profit in the company's history. The quarter, which ended March 31, 2026, reflects accelerating sales momentum and disciplined execution across the company's portfolio.

Revenue from operations also saw strong growth, rising nearly 64 percent year-on-year to ₹3,458 crore in Q4FY26, compared to ₹2,121 crore in Q4FY25. The sequential improvement was even more pronounced: sequentially, revenue increased significantly from ₹498 crore in the previous quarter, reflecting a strong project pipeline and improved execution across key markets.

Operational and Profitability Margins Strengthen

The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter grew by 51 percent to ₹959 crore. More notably, the company's EBITDA margin improved to 15.12 percent on a year-on-year basis in contrast to 5.18 percent reported in the same quarter of the previous fiscal year. This substantial margin expansion reflects improved operational leverage and higher realizations across the project base.

Collections and Cash Generation Hit New Peaks

Collections for the quarter stood at ₹7,947 crore, up 14 percent year-on-year, while operating cash flow stood at ₹4,631 crore, representing a year-on-year growth of 14 percent. For the full year, the scale of liquidity generation was unprecedented: the company's Q4 FY26 collections of ₹7,947 crore represented the highest collections ever reported by an Indian real estate developer in a quarter and in a financial year.

Full-Year FY26 Performance Sets New Benchmarks

Godrej Properties delivered its highest ever annual net profit of ₹1,850 crore for FY26, registering a year-on-year growth of 32 percent. The year-long momentum was underscored by landmark achievements in pre-sales and asset generation. The company's booking value for the year grew 16 percent year-on-year and at a three-year compound annual growth rate of 41 percent to ₹34,171 crore in FY26. More significantly, GPL retained its position as India's largest residential developer by booking value for the third consecutive financial year.

Collections grew by 17 percent year-on-year and at a three-year CAGR of 30 percent to ₹19,965 crore. The company's operating cash flow for FY26 stood at ₹7,830 crore, representing a year-on-year growth of 5 percent.

Investor Returns and Capital Management

The board of directors has recommended a dividend of ₹10 per share (200%) for FY26. This marks Godrej Properties' highest-ever dividend since its listing and the first payout since 2015, when it last declared a final dividend of ₹2 per share. 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.

The company also expanded its financial capacity. The company had raised ₹6,000 crore through a qualified institutional placement (QIP) in December 2024. Additionally, the company's board of directors also approved raising up to ₹3,000 crore by issue of non-convertible debentures (NCDs), bonds and/or other debt securities on a private placement basis, in one or more tranches.

Growth Pipeline and FY27 Outlook

The company added ₹42,100 crore of future sales potential through portfolio additions in the fiscal year, achieving over 200 percent of guidance and delivering year-on-year growth of 59 percent. Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said the company delivered a record-breaking financial year 2026 with its highest ever bookings, collections, operating cash flows, earnings, and business development, noting that the demand for residential real estate in India remains strong across key markets. In FY27, the company plans to grow residential bookings to over ₹39,000 crore through the launch of a large number of exciting new projects combined with strong sustenance sales.

About Godrej Properties

Godrej Properties was established in 1990 as the real estate development arm of the Godrej Group, a diversified Indian conglomerate founded in 1897. In 2010, the company went public following an initial public offering that raised approximately US$100 million. The company operates in 12 cities across India, including the Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, and Hyderabad.