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GODREJPROP Diversified 31 Oct 2023

Godrej Properties Limited — Q2 FY24

Godrej Properties reported its most successful quarter ever with new bookings of INR 5,034 crore, up 109% YoY, driven by strong launches like Tropical Isle in Noida (INR 2,000 c...

bullish high
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Revenue ₹343 Cr
EBITDA
PAT ₹73 Cr
EBITDA Margin
Duration
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Regulatory approval delays for key launches

Ashok Vihar and other projects face approval uncertainties; any slippage could impact booking guidance achievement.

high · management_commentary
R

Godrej Summit buyback costs may exceed provisions

Management has provided INR 155 crore for repairs and buybacks, but actual costs could be higher if more customers opt for buyback.

medium · analyst_question
R

Potential impact of promoter family settlement on Vikhroli DM agreement

News reports about promoter family settlement raised concerns; management downplayed impact but uncertainty remains.

medium · analyst_question
R

Slower-than-expected ramp-up in operating cash flows

Despite strong bookings, operating cash flow improvement may lag if project execution faces delays.

low · data_observation