Bookings (Q4)
₹10,163cr
+21% QoQ
Highest ever quarterly bookings, driven by new launches and sustenance sales.
GODREJPROPERTIES
Other
15 May 2026
Godrej Properties Limited — Q4 FY26
Godrej Properties delivered a record Q4 FY26 with ₹10,163cr in bookings, up 21% QoQ, and ₹7,947cr in collections, up 14% YoY.
✓ Verified against BSE filing
2-Min Summary
✦ AI-Generated from Full Transcript
Godrej Properties delivered a record Q4 FY26 with ₹10,163cr in bookings, up 21% QoQ, and ₹7,947cr in collections, up 14% YoY. Full-year bookings grew 16% to ₹34,171cr, achieving 105% of guidance. EBITDA grew 51% to ₹959cr and PAT grew 70% to ₹650cr. The strong performance was driven by new project launches (Godrej Abode, Godrej Arden) and sustained sales from projects like Godrej Trillium. Management guided FY27 bookings to ₹39,000cr (+20% YoY) and collections to ₹24,000cr (+20% YoY), supported by a robust launch pipeline and 35% higher opening inventory. Key risks include geopolitical uncertainty (Middle East conflict) impacting demand and potential cost inflation of 5-6% from supply chain disruptions.
Key Numbers
Collections (FY26)
₹19,965cr
+17% YoY
Highest collections ever reported by an Indian real estate developer in a financial year.
Business Development (FY26)
₹42,100cr
+59% YoY
Added 33 million sq ft of future sales potential, achieving over 200% of guidance.
Deliveries (FY26)
12.1M sq ft
+121% of guidance
Delivered across nine cities, enabling strong earnings growth.
Management Guidance
FY27 residential bookings target of ₹39,000cr
Management expects 20% growth in bookings to over ₹39,000cr, driven by a strong launch pipeline and sustained sales.
Management guidance revenueFY27 collections target of ₹24,000cr
Collections are guided to grow 20% to over ₹24,000cr, supported by strong operating cash flow and project deliveries.
Management guidance revenueFY28 ROE target of 20%
Management targets a return on equity of 20% by FY28, driven by faster execution and project deliveries.
Management guidance growthFY27 business development guidance of ₹20,000cr
The company plans to add ₹20,000cr of future sales potential, with flexibility to be opportunistic based on market conditions.
Management guidance expansionKey Risks
Geopolitical uncertainty impacting demand
The Middle East conflict caused a temporary slowdown in March, and continued uncertainty could affect buyer sentiment and sales conversions.
high · management_commentaryCost inflation from supply chain disruptions
Management estimates a 5-6% cost impact from the war, potentially reducing margins by 1-2% per quarter if the situation persists.
medium · management_commentaryNCR sales recovery dependent on project approvals
NCR sales dipped in FY26 due to delayed approvals for key projects like Ashok Vihar; any further delays could impact FY27 guidance.
medium · analyst_questionFree cash flow uncertainty in FY27
Management indicated that FCFE may not be positive in FY27 if business development exceeds guidance, depending on opportunity quality.
low · management_commentaryNotable Quotes
We have enough and more to be very confident like was mentioning that there is a guidance of launch guidance and we keep tend to keep buffer so some of these may flip but in spite of them flipping we very confident to bring the inventory given as guidance.
I think you know it's in a pretty tight band. There will always be a little bit of fluctuation on this.
I think the idea will be to ensure a strong diversification in our growth as we've been able to do the last few years.
Frequently Asked Questions
What was Godrej Properties's revenue in Q4 FY26?
Godrej Properties reported revenue of ₹3,458 Cr in Q4 FY26, representing a +47% change compared to the same quarter last year.
What guidance did Godrej Properties management give for FY27?
FY27 residential bookings target of ₹39,000cr: Management expects 20% growth in bookings to over ₹39,000cr, driven by a strong launch pipeline and sustained sales. FY27 collections target of ₹24,000cr: Collections are guided to grow 20% to over ₹24,000cr, supported by strong operating cash flow and project deliveries. FY28 ROE target of 20%: Management targets a return on equity of 20% by FY28, driven by faster execution and project deliveries. FY27 business development guidance of ₹20,000cr: The company plans to add ₹20,000cr of future sales potential, with flexibility to be opportunistic based on market conditions.
What are the key risks for Godrej Properties in FY27?
Key risks include Geopolitical uncertainty impacting demand — The Middle East conflict caused a temporary slowdown in March, and continued uncertainty could affect buyer sentiment and sales conversions.; Cost inflation from supply chain disruptions — Management estimates a 5-6% cost impact from the war, potentially reducing margins by 1-2% per quarter if the situation persists.; NCR sales recovery dependent on project approvals — NCR sales dipped in FY26 due to delayed approvals for key projects like Ashok Vihar; any further delays could impact FY27 guidance.; Free cash flow uncertainty in FY27 — Management indicated that FCFE may not be positive in FY27 if business development exceeds guidance, depending on opportunity quality..
Did Godrej Properties meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Godrej Properties Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary verified against official BSE/NSE filings.