Godrej Properties Ltd
Godrej Properties Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Godrej Properties targets roughly sales in line with the business development to sustain growth momentum, as H1 sales and BD were relatively close. Godrej Properties expects a medium-term growth rate of around 20% annually from the current scale.
From Godrej Properties Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Godrej Properties targets roughly sales in line with the business development to sustain growth momentum, as H1 sales and BD were relatively close.
- They anticipate a similar sales-BD relationship in the second half of FY26.
- Medium-term growth rate expectation is approximately 20%, with opportunities to exceed this in certain cycles.
- Expansion in key markets: NCR, Mumbai (including upcoming projects like Worli), Bangalore, Pune, Hyderabad (rapid market entry), and new micro-markets.
- Growth opportunities arise from increasing market share; currently at 4.3% of national residential sales, with headroom to grow as no market exceeds 10% share.
- Robust launch pipeline and strong balance sheet support bookings target of INR32,500 crores for FY26.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Godrej Properties Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Upcoming launches across multiple markets indicate continued capital investment:
- Sector 53 second phase launch with pricing strategy tied to previous phase inventory quality.
- Mumbai: Launch of a project in Indore's Manglia micro market expected within the quarter.
- Panvel township commercial office space launch anticipated this or early next quarter.
- Kharghar projects (three parcels acquired via auctions) slated for launch likely in Q4.
- Remaining retail inventory launch on ground and third floors.
- Panipat acquisition to open up soon.
- 7.5-acre super prime land parcel launch on Golf Course Road in Mumbai planned later.
- Construction spend is expected to grow year-on-year to support these projects.
- Management aims for an operating cash flow range of INR 6,500 to INR 8,500 crores depending on ramp-up speed of construction.
2 more points management made on capital expenditure plans
Top-ranked in Realty
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Godrej Properties Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points management made on order book & pipeline
Godrej Properties Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹3.5K Cr, net profit ₹645 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Godrej Propert.'s management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q4 FY25 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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Frequently Asked Questions
What were Godrej Properties Ltd Q2 FY26 results?
Godrej Properties targets roughly sales in line with the business development to sustain growth momentum, as H1 sales and BD were relatively close. Godrej Properties expects a medium-term growth rate of around 20% annually from the current scale.
What is Godrej Properties Ltd share price analysis?
Godrej Properties Ltd currently shows a neutral. The stock trades at a P/E of 39.1 with a market cap of ₹63,227 Cr. Investors should review the full earnings analysis for detailed insights.
Is Godrej Properties Ltd planning capital expenditure?
Upcoming launches across multiple markets indicate continued capital investment: - Sector 53 second phase launch with pricing strategy tied to previous phase inventory quality.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.