Godrej Properties Limited

rs,

operties.com CIN: L74120MHl985PLC035308 February 03, 2022 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 National Stock Exchange of India Limited Exchange Plaza, Plot No.

1.1 billion

TIES I RESULTS PRESENTATION Q3 FY22 GODREJ GROUP • Established in 1897 • $5 bn annual revenue • 1.1 billion people globally use a Godrej product¹ • Godrej ranks amongst the most trusted Indian brands² • $2

2.4 billion

n people globally use a Godrej product¹ • Godrej ranks amongst the most trusted Indian brands² • $2.4 billion brand valuation by Interbrand³ • Amongst India’s most diversified and trusted conglomerates • Rea

15%

Products Godrej Industries 21 year CAGR in stock price ` 1 invested in June 2001 is now worth 15% 29% 30% 17 196 209 Note: CAGR calculated for opening prices as of 18th June, 2001 when GCPL a

29%

cts Godrej Industries 21 year CAGR in stock price ` 1 invested in June 2001 is now worth 15% 29% 30% 17 196 209 Note: CAGR calculated for opening prices as of 18th June, 2001 when GCPL and GI

30%

Godrej Industries 21 year CAGR in stock price ` 1 invested in June 2001 is now worth 15% 29% 30% 17 196 209 Note: CAGR calculated for opening prices as of 18th June, 2001 when GCPL and GIL wer

20 million

shed in 1990 • India’s largest developer by residential sales in FY21 • Successfully delivered ~20 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 27.3, 16 • ~186 million sq

186 million

ed ~20 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 27.3, 16 • ~186 million sq. ft. of saleable area across India • Differentiated asset-light business model • Over 300 awar

81 million

nd high ROE development model Strong Project Pipeline 2 • • Added 38 residential projects with ~81 million sq. ft. saleable area since FY2018 • Access to Group’s land bank across India (e.g. Vikhroli) Sale

8x

N Q3 FY22 STOCK PERFORMANCE An investment into GPL’s IPO would be worth ~ 8x an identical investment into the BSE Realty Index Value Creation Track Record Particulars BSE S

10.5%

rties BSE Realty Index 12 year CAGR in stock price ` 1 invested in January 2010 is now worth 10.5% 19.1% -0.1% 3.32 8.15 0.99 Note: CAGR calculated for prices as on 4 January, 2010 (the date o

19.1%

BSE Realty Index 12 year CAGR in stock price ` 1 invested in January 2010 is now worth 10.5% 19.1% -0.1% 3.32 8.15 0.99 Note: CAGR calculated for prices as on 4 January, 2010 (the date of GPL’s

“ft.) 2,216,214 2,395,688 -7% 3,612,142 -39% 6,602,702 6,636,971 -1% Booking Value (INR Cr) 1,541 1,488 4% 2,574 -40% 4,613 4,093 13% Strong response to new project/phase launches Bliss @ Godrej Palm Retreat, NCR Godrej Meadows, Pune • Launched in December 2021 • Launched in December 2021 • Total sales stood at 298,201 sq.”

“GPL is the development manager for the project 2.”

“in Q3 FY22 Sarjapur 5, Bangalore • The project is an outright purchase of land in Sarjapur, Bangalore which has established itself as one of the most preferred residential locations with excellent connectivity to the IT/ITES belt at Bellandur on Outer Ring Road and several key hubs of the city • Spread across approximately 16 acres, this project will offer approximately 1.5 million sq.”

“of saleable area comprising primarily of residential apartments of various configurations • The expected revenue potential from the project is approximately INR 650 crore • GPL’s economic interest is 10% of revenue as DM fee and 50% of profit Project Update under Commercial Platform Yerwada, Pune • GPL has bought a 20% stake in a company to develop a commercial project with Godrej Fund Management under its commercial platform • The project offers 0.80 million sq.”

“of leasable area • GPL’s economic interest is 20% equity in project specific company 14 | GODREJ PROPERTIES I RESULTS PRESENTATION Q3 FY22 BUSINESS DEVELOPMENT (Contd.) Existing Project Update Kalyan, MMR GPL Economic Interest: 100% Owned Project • As per new UDCR, there has been a significant upside in FSI due to which the potential saleable area has increased from 1.5 million sq.”

“57% (GPL) • GPL has chosen to withdraw from the project allowing the original landowner to develop the project further by itself.”

“This is the first project from India to get registered on the VCS platform.”

“It has an estimated Annual Emission Reduction of 21,633 TCO2e 1,35,750 saplings have been planted using the Miyawaki method in Gujarat and additional 1,52,500 saplings will be planted under community farmers model in Uttarakhand, which has a total potential to sequestrate approximately 14,413 TCO2e In our new pilot project for Crop Residue Management at Gurdaspur district in Punjab, farmers from across ten villages were mobilized to manage their agricultural waste.”

“in Q3 FY22 Sarjapur 5, Bangalore  The project is an outright purchase of land in Sarjapur, Bangalore which has established itself as one of the most preferred residential locations with excellent connectivity to the IT/ITES belt at Bellandur on Outer Ring Road and several key hubs of the city  Spread across approximately 16 acres, this project will offer approximately 1.5 million sq.”

“of saleable area comprising primarily of residential apartments of various configurations  The expected revenue potential from the project is approximately INR 650 crore  GPL’s economic interest is 10% of revenue as DM fee and 50% of profit”

Sub

1

Legends

1

CORPORATE HIGHLIGHTS

1

Project under Commercial Platform

1

About Godrej Properties Limited

1

For further information please contact

1

DISCLAIMER

1

Sub

Investors Presentation and Press Release Dear Sir/Madam, Please find enclosed the Investors' Presentation and the Press Release on the financial results for the quarter and Nine months ended December 31, 2021. This is for your information and records. Thank you, Yours truly, For Godrej Propertie., Li' ted f oll , • re ary & Chief Legal Officer Enclosed as above R E S U L T S P R E S E N T A T I O N T H I R D Q U A R T E R , F I N A N C I A L Y E A R 2 0 2 2 1 | GODREJ PROPERTIES I RESULTS PRESENTATION Q3 FY22 DISCLAIMER Some of the statements in this communication may be 'forward looking statements' within the meaning of applicable laws and regulations. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company's operations include changes in industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labor relations 2 | GOD

Legends

Kochi 2.2, 1 Chennai 3.4, 2 Total Developable Area (million sq. ft.): ~186 No. of Projects: 81 (As on December 31 2021) st STRENGTHS • 1.1 billion people globally use a Godrej product 1 Godrej Brand • Godrej Properties ranked as the most trusted real estate brand in the 2019 Brand Trust Report • GPL brings the Godrej brand’s reputation for trust, quality and corporate governance to the real estate sector Effective Land Sourcing Model • Competitive advantage in executing joint development projects • Capital efficient and high ROE development model Strong Project Pipeline 2 • • Added 38 residential projects with ~81 million sq. ft. saleable area since FY2018 • Access to Group’s land bank across India (e.g. Vikhroli) Sales and Execution Capability Access to Capital Sustainability Leadership • India’s largest developer by residential sales in FY21 • Successfully delivered ~20 million sq. ft. of real estate in the past five years • Confidence of capital markets demonstrated by sector leadin

CORPORATE HIGHLIGHTS

Sales Highlights  Q3 FY22 witnessed a total booking value of INR 1,541 crore and total booking volume of 2.22 million sq. ft. as compared to total booking value of INR 1,488 and total booking volume of 2.40 million sq. ft. in Q3 FY21.  9M FY22 witnessed a total booking value of INR 4,613 crore and total booking volume of 6.60 million sq. ft. as compared to total booking value of INR 4,093 crore and total booking volume of 6.64 million sq. ft. in 9M FY21. Business Development Added 3 new projects with saleable area of ~2.4 million sq. ft. in Q3 FY22 Sarjapur 5, Bangalore  The project is an outright purchase of land in Sarjapur, Bangalore which has established itself as one of the most preferred residential locations with excellent connectivity to the IT/ITES belt at Bellandur on Outer Ring Road and several key hubs of the city  Spread across approximately 16 acres, this project will offer approximately 1.5 million sq. ft. of saleable area comprising of residential apartments of vari

Project under Commercial Platform

Yerwada, Pune  GPL has bought a 20% stake in a company to develop a commercial project with Godrej Fund Management under its commercial platform  The project offers 0.80 million sq. ft. of leasable area  GPL’s economic interest is 20% equity in project specific company Other Highlights  Delivered ~0.08 million sq. ft. in MMR in Q3 FY22  26 awards received in Q3 FY22 Commenting on the performance of Q3 FY2022, Mr. Pirojsha Godrej, Executive Chairman, Godrej Properties Limited, said: “It is encouraging to see that the real estate sector in India has continued to strengthen despite the challenges of the third wave. Our own sales were muted in the third quarter due to several planned launches seeing minor delays, but we believe the current quarter will be our best ever for residential sales. We are also focused on adding several exciting new projects to our portfolio, which will set us up well for a very strong FY23.” Financial Overview (Consolidated) Q3 FY22 performance overview comp

About Godrej Properties Limited

Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines a 125-year legacy of excellence and trust with a commitment to cutting edge design, technology, and sustainability. In FY 2021, Godrej Properties emerged as the largest developer in India by the value and volume of residential sales achieved. Godrej Properties has deeply focused on sustainable development. In 2010, GPL committed that all of its developments would be third party certified green buildings. In 2020 and again in 2021, the Global Real Estate Sustainability Benchmark ranked GPL #1 globally amongst listed residential developers for its sustainability and governance practices. In 2017, GPL was one of the founding partners of the Sustainable Housing Leadership Consortium (SHLC), whose mission is to spread sustainable development practices across the Indian real estate sector. In recent years, Godrej Propertie

For further information please contact

Rajendra Khetawat Godrej Properties Limited Tel: +91 22 6169 8500 Fax: +91 22 6169 8888 Email: rajendra@godrejproperties.com Anoop Poojari CDR India Tel: +91 22 6645 1211 Fax: +91 22 6645 1213 Email: anoop@cdr-india.com/