Godrej Properties Limited
5,702words
7turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
6 billion
1.1 billion
2.4 billion
14%
27%
22 million
192 million
rs
5
88 million
6x
9.2%
Guidance — 16 items
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“• Post Q1 FY23, added a new residential project in MMR with a saleable area of ~1.2 lakh sq.”
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“ft.) 2,829,405 771,817 267% 4,235,271 -33% 10,837,043 Booking Value (INR Cr) 2,520 497 407% 3,248 -22% 7,861 Strong response to new project/phase launches Godrej Horizon, MMR Launched in May 2022 Godrej Ascend, MMR Launched in May 2022 Godrej Connaught One, NCR Launched in May 2022 Total sales stood at 245,822 sq.”
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“GPL is the development manager for the project 2.”
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“ft.) Booking Value (INR Cr) Q1 FY23 Q1 FY23 245,822 381,119 424,025 345,468 255,756 136,233 138,159 93,990 111,136 7,984 75,808 74,310 56,161 52,580 40,516 366,908 2,805,975 528 415 268 218 175 167 92 85 54 52 48 47 44 34 34 241 2,502 PROJECT BOOKING (Contd.) Particulars Commercial Projects Godrej Eternia, Chandigarh Total Grand Total Booking Area (sq.”
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“q s n o i l l i M ( Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 13 | GODREJ PROPERTIES I RESULTS PRESENTATION Q1 FY23 BUSINESS DEVELOPMENT Added a new project with saleable area of ~1.5 million sq.”
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“Nagpur Plotted, Nagpur Spread across 58 acres, this project will offer approximately 1.5 million sq.”
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“of saleable area with an estimated revenue potential of approximately INR 1,000 crore Post Q1 FY23 - Added a new project in MMR with a saleable area of ~1.2 lakh sq.”
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“Carmichael Road, MMR Spread across approximately 0.5 acres, the project will offer 1.2 lakh sq.”
CORPORATE HIGHLIGHTS
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“in Q1 FY22 Business Development Added a new project with saleable area of ~1.5 million sq.”
CORPORATE HIGHLIGHTS
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“ft Nagpur Plotted, Nagpur Spread across 58 acres, this project will offer approximately 1.5 million sq.”
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Opening remarks
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Investors Presentation and Press Release Dear Sir/Madam, Please find enclosed a copy of the Investors' Presentation and the Press Release on the financial results of the Company for the quarter ended June 30, 2022. This is for your information and records. Thank you, Yours truly, For Godrej Properties Limited �,�\L �Ashish Karyekar Company Secretary & Compliance Officer Encl. as above R E S U L T S P R E S E N T A T I O N F I R S T Q U A R T E R , F I N A N C I A L Y E A R 2 0 2 3 1 | GODREJ PROPERTIES I RESULTS PRESENTATION Q4 FY19 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
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Kochi 2.2, 1 Chennai 3.4, 2 Total Developable Area (million sq. ft.): ~192 No. of Projects: 86 (As on August 01 , 2022) 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 brands 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 Sales and Execution Capability Access to Capital Sustainability Leadership 2 Added 43 residential projects with ~88 million sq. ft. saleable area since FY2018 Access to Groups land bank across India (e.g. Vikhroli) Indias largest developer by residential sales in FY21 Successfully delivered ~22 million sq. ft. of real estate in the past five years Confidence of capital markets demonstrated by sector leadin
CORPORATE HIGHLIGHTS
Sales Highlights Q1 FY23 witnessed total booking value of INR 2,520 crore and total booking volume of 2.83 million sq. ft. as compared to total booking value of INR 497 crore and total booking volume of 0.77 million sq. ft. in Q1 FY22 Business Development Added a new project with saleable area of ~1.5 million sq. ft Nagpur Plotted, Nagpur Spread across 58 acres, this project will offer approximately 1.5 million sq. ft. of plotted residential development, offering attractive plot sizes The estimated revenue potential from the project is approximately INR 575 crore It is a 100% owned project
Existing Project Update
Godrej Tranquil Extension, MMR GPL has extended its existing arrangements with Shivam Realty to develop a residential group housing project at Kandivali The site is strategically located with easy access to the Western Express Highway offering a well-developed social and civic infrastructure with multiple schools, hospitals, retail malls, residential and commercial spaces in close proximity The project is an extension of Godrej Tranquil and Godrej Nest and will offer approximately 0.7 million sq. ft. of saleable area with an estimated revenue potential of approximately INR 1,000 crore Post Q1 FY23 - Added a new project in MMR with a saleable area of ~1.2 lakh sq. ft Carmichael Road, MMR Spread across approximately 0.5 acres, the project will offer 1.2 lakh sq. ft. of luxury residential development near Carmichael Road, an exclusive residential area in Mumbai The estimated revenue potential from the project is approximately INR 1,200 crore It is a 100% owned project Other Hi
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 Anoop Poojari CDR India Tel: +91 22 6645 1211 Fax: +91 22 6645 1213 Email: rajendra@godrejproperties.com Email: anoop@cdr-india.com/
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