Godrej Properties Ltd

• Booking value rises 16% to INR 34,171 cr in FY2026, highest in India. • Collections grow 17% to INR 19,965 cr, also a record. • Operating cash flow up 5% to INR 7,830 cr. • 18 new projects added, boosting future sales potential to INR 42,100 cr.

📈 Strong Booking & Sales Performance:

• FY2026 booking value of INR 34,171 crore grew 16% YoY and 41% CAGR over 3 years.
• Sold 17,515 units totaling 27 million sq.ft, +5% volume growth YoY.
• Highest booking value and volume ever by an Indian real estate developer.
• Bookings well diversified across major Indian cities like Mumbai (INR 10,313 cr), Bangalore (INR 8,802 cr), NCR (INR 7,410 cr), Pune, Hyderabad, and others.

💰 Collections & Cash Flow:

• FY2026 collections increased 17% YoY to INR 19,965 crore, highest ever.
• Operating cash flow rose 5% YoY to INR 7,830 crore with 30% CAGR over 3 years.
• Q4 collections were INR 7,947 crore, up 14% YoY and 86% QoQ.
• Direct construction spend increased 62%, supporting future deliveries.

🏗️ Project Deliveries & New Launches:

• Delivered 12.1 million sq.ft projects across 9 cities in FY2026 (121% of target).
• Added 18 new projects with ~33.32 million sq.ft saleable area.
• Future sales potential from new projects stands at INR 42,100 crore (exceeding initial guidance by 100%).

🤝 Promoter Stake & Growth Outlook:

• Promoters increased stake by 5% in FY2026, investing INR 2,674 crore at an average price 21% above FY-end stock price.
• Stake also increased in holding company by 5%, investing INR 1,896 crore.

⚖️ What This Means:

• Strong sales, collections, and cash flow indicate good demand and execution.
• Broad geographic diversification reduces dependence on a single market.
• High future sales potential supports growth pipeline.
• Increased promoter investment might reflect confidence.

This update provides useful insights on operational performance and growth prospects for investors to consider.