Godrej Properties Reports 16% Increase in Booking Value for FY26
Godrej Properties gains after booking value climbs to Rs 34,171 crore in FY26
Business Standard
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Godrej Properties saw a 16% increase in booking value, reaching ₹34,171 crore (approximately $4.1 billion USD) for FY26, up from ₹29,444 crore in FY25. Despite a flat booking value of ₹10,163 crore in Q4 FY26, the company reported a 20% rise in net profit, indicating strong operational performance.
- 01Booking value increased by 16% to ₹34,171 crore in FY26.
- 02Q4 FY26 booking value remained flat at ₹10,163 crore compared to last year.
- 03Net profit rose by 20% to ₹195.16 crore in Q3 FY26.
- 04Operating cash flow for FY26 reached ₹7,830 crore, up 5% YoY.
- 05The company launched 18 new projects with a potential booking value of ₹42,100 crore.
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Godrej Properties, a leading real estate developer in India, reported a 16% increase in booking value for FY26, reaching ₹34,171 crore (approximately $4.1 billion USD), compared to ₹29,444 crore in FY25. The company achieved this through the sale of 4,791 units across 7.26 million square feet. In Q4 FY26, however, the booking value was flat at ₹10,163 crore, reflecting a stable market performance. Collections for the fourth quarter stood at ₹7,947 crore, marking a 14% year-on-year growth. For the entire fiscal year, total collections amounted to ₹19,965 crore, a 17% increase YoY. Operating cash flow for FY26 was ₹7,830 crore, up 5%, while free cash flow reached ₹626 crore, reflecting a 5% increase as well. Godrej Properties also launched 18 new projects in FY26, with an estimated saleable area of 33.32 million square feet and a potential booking value of ₹42,100 crore. Gaurav Pandey, MD & CEO, emphasized the company's strong launch pipeline and cash flow generation, which supports future growth and balance sheet strength.
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The growth in booking value and new project launches indicates a robust real estate market, potentially benefiting homebuyers and investors in urban areas.
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