Godrej Properties Limited

rs,

roperties.com CIN: L74120MH1985PLC035308 February 02, 2023 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 FY23 GODREJ GROUP • Established in 1897 • $6 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

14%

Products Godrej Industries 21 year CAGR in stock price ` 1 invested in June 2001 is now worth 14% 27% 26% 18 177 144 Note: CAGR calculated for opening prices as of 18th June, 2001 when GCPL a

27%

cts Godrej Industries 21 year CAGR in stock price ` 1 invested in June 2001 is now worth 14% 27% 26% 18 177 144 Note: CAGR calculated for opening prices as of 18th June, 2001 when GCPL and GI

26%

Godrej Industries 21 year CAGR in stock price ` 1 invested in June 2001 is now worth 14% 27% 26% 18 177 144 Note: CAGR calculated for opening prices as of 18th June, 2001 when GCPL and GIL wer

25 million

shed in 1990 • India’s largest developer by residential sales in FY21 • Successfully delivered ~25 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 37.5, 22 • ~213 million sq

213 million

ed ~25 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 37.5, 22 • ~213 million sq. ft. of saleable area across India • Differentiated asset-light business model • Over 400 awar

110 million

nd high ROE development model Strong Project Pipeline 2 • • Added 55 residential projects with ~110 million sq. ft. saleable area since FY2018 • Access to Group’s land bank across India (e.g. Vikhroli) Sale

6x

N Q3 FY23 STOCK PERFORMANCE An investment into GPL’s IPO would be worth ~ 6x an identical investment into the BSE Realty Index Value Creation Track Record Particulars BSE S

10.0%

rties BSE Realty Index 13 year CAGR in stock price ` 1 invested in January 2010 is now worth 10.0% 13.7% -0.9% 3.46 5.32 0.89 Note: CAGR calculated for prices as on 4 January, 2010 (the date o

13.7%

BSE Realty Index 13 year CAGR in stock price ` 1 invested in January 2010 is now worth 10.0% 13.7% -0.9% 3.46 5.32 0.89 Note: CAGR calculated for prices as on 4 January, 2010 (the date of GPL’s

“in Bengaluru and NCR • Net operating cashflow for Q3 FY23 is INR 549 crore ESG/CSR Updates • • In line with our commitment to minimize waste to landfill, a new pilot project for Bioremediation and Bio- mining of Landfill site and Integrated Decentralised Solid Waste Management (IDSWM) in Chakrata (Cantonment Board), Uttarakhand has been undertaken with a target to divert 2,500 tonnes of legacy waste and 2,700 of daily domestic household waste from landfill in a period of 36 months.”

“ft.) Booking Value (INR Cr) Q3 FY23 9M FY23 Q3 FY23 9M FY23 1.01 0.83 0.49 0.20 0.30 0.31 0.14 0.04 0.01 0.05 0.05 0.04 0.02 0.06 0.07 0.75 4.38 1.01 438 440 0.88 0.81 0.46 0.49 0.89 0.40 0.10 424 449 356 582 269 585 232 379 211 606 112 291 102 247 0.04 90 242 0.05 89 89 0.08 87 152 0.36 81 774 0.05 59 120 0.21 58 149 0.44 52 297 3.62 9.89 562 3,222 2,722 8,124 PROJECT BOOKING (Contd.) Particulars Commercial Projects Godrej Eternia, Chandigarh Total Grand Total Booking Area (mn.”

“• The estimated revenue potential from the project is approximately INR 400 crore • It is a 100% owned project Khalapur Plotted • Spread across approximately 89 acres, the project will offer 1.90 million sq.”

“of residential plotted development located in the fast- developing micro market of Khalapur - Raigad, Maharashtra • The estimated revenue potential from the project is approximately INR 600 crore • It is a 100% owned project GPL has added 15 new projects with a total estimated saleable area of 23.42 million sq.”

“GPL Economic Interest : 100% Owned Project • Godrej Woodland, Bengaluru – 0.20 million sq.ft.”

“In line with our commitment to minimize waste to landfill, a new pilot project for Bioremediation and Bio-mining of Landfill site and Integrated Decentralised Solid Waste Management (IDSWM) in Chakrata (Cantonment Board), Uttarakhand has been undertaken with a target to divert 2,500 tonnes of legacy waste and 2,700 of daily domestic household waste from landfill in a period of 36 months.”

“RESIDENTIAL PROJECTS * Primarily a residential project with a portion of commercial saleable area.”

“RESIDENTIAL PROJECTS * Total estimated saleable area represent GPL share balance area to be sold for project 32 | GODREJ PROPERTIES I RESULTS PRESENTATION Q3 FY23 B.”

“This leaves us well positioned to surpass our FY 23 bookings guidance of 10,000 crore and to sharply grow on this base in the years ahead.” Financial Overview (Consolidated) Q3 FY2023 performance overview compared with Q3 FY2022 • Total Income stood at INR 366 crore as compared to INR 399 crore • EBITDA stood at INR 153 crore as compared to INR 115 crore • Net Profit stood at INR 59 crore as compared to INR 39 crore • EPS# amounted to INR 2.11 as compared to INR 1.40 #not annualised --ENDS--”

Legends

1

Plotted development projects which received OC

1

CORPORATE HIGHLIGHTS

1

About Godrej Properties Limited

1

For further information please contact

1

DISCLAIMER

1

Legends

Kochi 2.2, 1 Chennai 5.0, 3 Total Developable Area (million sq. ft.): ~213 No. of Projects: 97 (As on February 02 , 2023) nd 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 55 residential projects with ~110 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 • India’s largest developer by residential sales in FY21 • Successfully delivered ~25 million sq. ft. of real estate in the past five years • Confidence of capital markets demonstrated by sector leading stock performance sin

Plotted development projects which received OC

• Godrej Retreat, NCR - 0.22 million sq.ft. GPL Economic Interest : 100% Owned Project • Godrej Woodland, Bengaluru – 0.20 million sq.ft. GPL Economic Interest : 100% Owned Project 18 | GODREJ PROPERTIES I RESULTS PRESENTATION Q3 FY23 AWARDS AND RECOGNITIONS GPL received 27 Project awards in Q3 FY23 ILLUSTRATIVE LIST OF AWARDS PROJECT AWARDS • Godrej Boulevard, Pune | Godrej Rejuve, Pune | Godrej Hill Retreat, Pune | Godrej Park Ridge, Pune Platinum Award - Greentech International EHS Award 2022 • Godrej Nirvana, MMR | Godrej Urban Park, MMR | Godrej Se7en, Kolkata Winner- Greentech International EHS Award 2022 • Godrej Woodville, Pune Design Project of the year - Realty Plus Excellence Awards • Godrej Hill Retreat, Pune Best Interior Design - Realty Plus Excellence Awards • Godrej Woods, NCR | Godrej Palm Retreat, NCR Gold Award - 13th Exceed Occupational Health and Safety Award 2022 19 | GODREJ PROPERTIES I RESULTS PRESENTATION Q3 FY23 SUSTAINABILITY – ESG PERFORMANCE AND CSR IMPACT

CORPORATE HIGHLIGHTS

Sales Highlights • Q3 FY23 witnessed total booking value of INR 3,252 crore and total booking volume of 4.42 million sq. ft. • 4 new phase launches during the quarter Business Development Added 9 new projects in NCR, MMR, and Pune with an estimated booking value of INR 23,050 crore Particulars Estimated Expected Business Model Saleable Area Booking (million sq. Value Kandivali, MMR Mahalaxmi, MMR Sector 89, Gurugram Sector 49, Gurugram Mundhwa, Pune Sec 146 A, Noida Sec 146 B, Noida Sec 41 Kurukshetra, NCR Manor, Palghar, MMR ft.) 3.72 0.76 2.90 1.60 2.20 1.60 1.60 1.40 1.20 (INR Cr) 7,000 100% owned group housing development project 3,500 GPL owns 50% of equity in the project specific company 3,000 100% owned group housing development project 2,500 100% owned group housing development project 2,000 100% owned group housing development project 2,000 100% owned group housing development project 2,000 100% owned group housing development project 550 500 100% owned plotted development pro

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 126-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 and 2022, 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

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/

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 from those expressed or implied. Important developments that could affect the Company’s operations include changes in the industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labour relations.