Godrej Properties Q4 FY26: Net profit jumps 70% to ₹649.88 crore
Record Results Driven by Strong Housing Demand
Godrej Properties reported a 70 per cent increase in consolidated net profit to Rs 649.88 crore for the quarter ended March, capitalizing on robust residential demand across its key markets. Total income stood at ₹3,806.65 crore, up 42% from ₹2,681.06 crore in the same quarter last year.
Record Full-Year Performance
The company's profit grew by 32.16 per cent year-on-year to Rs 1,850.2 crore, the highest ever in the company's history. The company reported a strong performance in FY26 compared to FY25, with total income rising 22% to ₹8,374 crore from ₹6,848 crore.
The company delivered its highest-ever business development, bookings, collections, and operating cash flow in FY26. GPL achieved its highest-ever annual booking value of ₹34,171 crore, representing a 16% year-on-year growth and surpassing the company's annual guidance by 5%.
Quarterly Sales and Collections Performance
Booking value in the quarter rose 21% sequentially to Rs 10,163 crore, driven by the sale of 4,789 units spanning 7.3 million sq ft. Collections for the quarter stood at Rs 7,947 crore, up 14 per cent year-on-year. Collections for FY2026 reached INR 19,965 crore, an increase of 17% year-on-year, marking the highest annual collections reported by any listed real estate developer in India.
Notable Q4 Project Launches
Strong sales momentum was concentrated across the company's key metropolitan markets. Sales were led by strong demand for new launches, including Godrej Aveline (Rs 1,572 crore) and Godrej Parkshire (Rs 760 crore) in Bengaluru, Godrej Arden (Rs 1,529 crore) in Greater Noida, Godrej Varanya (Rs 628 crore) in the Mumbai Metropolitan Region, and Godrej Ivara (Rs 346 crore) in Pune.
Land Acquisitions and Pipeline
The company added ₹42,100 crore of future sales potential through portfolio additions in the fiscal year, achieving over 200% of guidance and delivering year-on-year growth of 59%. In FY27, GPL plans to grow residential bookings to over Rs 39,000 crore through the launch of "a large number of new projects combined with strong sustenance sales".
Cash Flow and Financial Strength
The company reported record operating cash flows of ₹7,830 crore in FY26, which it said will support continued investments while maintaining a strong balance sheet. EBITDA for the year increased 43% to ₹2,826 crore as compared to ₹1,970 crore.
Management Outlook
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. He noted that residential real estate demand in India remains strong across key markets and that the company will continue to seek market share through outstanding design, timely delivery, and high-quality developments.
About Godrej Properties
Godrej Properties is a leading top 2 real estate company in India, headquartered in Mumbai with a strong presence in Bangalore. It was established in 1990 as part of the Godrej Group. The company operates 10+ active projects in Gurgaon — its most concentrated market in Delhi NCR — with a portfolio spanning Golf Course Road, Dwarka Expressway, Sohna Road, and New Gurgaon sectors. The Bangalore portfolio includes projects in Devanahalli Airport Road, Whitefield–Budigere Cross, Sarjapur Road, Indiranagar-HAL, Thanisandra, and Yeshwanthpur.