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GODREJPROP Diversified 23 Jan 2024

Godrej Properties Limited — Q3 FY24

Godrej Properties reported its most successful quarter ever with new bookings of ₹5,720 crore, up 76% YoY, driven by strong launches like Godrej Aristocrat (₹2,667 crore) and Go...

bullish high
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Revenue ₹330 Cr
EBITDA
PAT ₹63 Cr
EBITDA Margin
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter4
Delivered0
Missed4

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY24

Exceed annual booking guidance of INR 14,000 crore

Management is confident of surpassing the INR 14,000 crore booking value guidance for FY24, driven by a robust H2 launch pipeline.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q2 FY24

Achieve cash collections of INR 10,000 crore in FY24

Cash collections guidance of INR 10,000 crore is on track, with H1 collections at INR 4,332 crore.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q2 FY24

Business development of INR 15,000 crore estimated booking value in FY24

Year-to-date business development stands at INR 7,175 crore, in line with the full-year guidance of INR 15,000 crore.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q2 FY24

Launch of marquee projects in H2 FY24

Key launches include Ashok Vihar (Delhi), Carmichael Road (Mumbai), and Kandivali (Mumbai), targeted for Q3/Q4.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1