Godrej Properties Limited

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perties.com CIN: L74120MH1985PLC035308 November 02, 2023 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 The National Stock Exchange of India Limited Exchange Plaza, Plo

6 billion

TS PRESENTATION Q2 FY24 GODREJ GROUP • Established in 1897 Value Creation Track Record • • $6 billion in annual revenue 1 1.1 billion people globally use a Godrej product Particulars 22 year CAGR in

1.1 billion

GROUP • Established in 1897 Value Creation Track Record • • $6 billion in annual revenue 1 1.1 billion people globally use a Godrej product Particulars 22 year CAGR in stock price ` 1 invested in J

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• • $6 billion in annual revenue 1 1.1 billion people globally use a Godrej product Particulars 22 year CAGR in stock price ` 1 invested in June 2001 is now worth 2 • Godrej ranks amongst the mos

2.4 billion

June 2001 is now worth 2 • Godrej ranks amongst the most trusted Indian brands BSE Sensex • 3 $2.4 billion brand valuation by Interbrand • Amongst India’s most diversified and trusted conglomerates • Real

14%

Real estate is a key growth business for the Group Godrej Consumer Products Godrej Industries 14% 27% 27% 20 201 190 Note: CAGR calculated for opening prices of 18 June, 2001 when GCPL and GI

27%

estate is a key growth business for the Group Godrej Consumer Products Godrej Industries 14% 27% 27% 20 201 190 Note: CAGR calculated for opening prices of 18 June, 2001 when GCPL and GIL wer

38 million

in 1990 • India’s largest developer by number of homes sold in FY23 • Successfully delivered ~38 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 39.4, 25 • ~214 million sq

214 million

ed ~38 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 39.4, 25 • ~214 million sq. ft. of saleable area across India • Differentiated asset-light business model • ~400 awards r

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across India • Differentiated asset-light business model • ~400 awards received in the last 5 years 5 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY24 Ahmedabad 23.4, 1 Mumbai 48.9, 30 Nagpur 3.7,

1 billion

e Area (million sq. ft.): ~214 No. of Projects: 99 (As on November 02 , 2023) nd STRENGTHS • 1 .1 billion people globally use a Godrej product 1 Godrej Brand • Godrej Properties ranked as the most trust

121 million

and high ROE development model Strong Project Pipeline • • Added 61 residential projects with ~121 million sq. ft. saleable area since FY2018 • Access to Group’s land bank across India (e.g. Vikhroli) 2 S

“of area sold Ÿ 7 new project and phase launches during the quarter across 5 cities Business Development Ÿ Added 1 new plotted development project in Nagpur with an estimated booking value of INR 725 crores in Q2 FY24 in addition to two group housing projects with an estimated value of INR 3,100 crore announced in July and mentioned in our Q1 quarterly update Construction Highlights Ÿ Delivered projects aggregating ~1.55 million sq.”

“ft.) Booking Value (INR Cr) Customer Collections (INR Cr) 5.24 5,034 2,378 2.71 2,409 1,930 93% 109% 23% 2.25 2,254 1,954 132% 123% 21% 7.49 7,288 4,332 5.54 4,929 3,485 35% 48% 24% Strong responses to new project/phases launched Godrej Tropical Isle, Noida Godrej Parkland Estate, Kurukshetra Godrej Park Retreat, Bengaluru Ÿ Launched in August 2023 Ÿ Launched in August 2023 Ÿ Launched in July 2023 Ÿ Total sales stood at 1.51 million sq.”

“11 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY24 PROJECT BOOKING Particulars Booking Area (mn.”

“q s n o i l l i M ( 2.22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 13 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY24 BUSINESS DEVELOPMENT Added 1 new project with an estimated saleable area of 2.2 million sq.”

“and expected booking value of INR 725 crore in Q2FY24 Nagpur Plotted 2 • Spread across approximately 109 acres, the project will offer 2.2 million sq.”

“Total operating cash inflow includes gross collection for DM projects and Other project related outflow includes JVP share of collection for DM projects | 2.”

“Adjustment for JV projects represents mainly timing difference in cash collection from customers in respective project SPV and pending transfer to GPL due to non-Availability of ERA Limits and restrictions in respective agreements with JV partners whereby GPL cannot withdraw cash till particular milestones are achieved.”

“ Added 3 new project with a total estimated booking value of ~INR 3,825 Crore  Projects aggregating ~1.55 million sq.”

“ 7 new projects/phases were launched during the quarter Business Development  Added 1 new plotted development project in Nagpur with an estimated booking value of INR 725 crore.”

“We saw strong demand for our new launches this quarter and we are delighted with the response to our project, Godrej Tropical Isle in Noida which received bookings of more than INR 2,000 crores within the quarter making it GPL’s most successful ever launch.”

GPL Economic Interest

2

Legends

1

CORPORATE HIGHLIGHTS

1

About Godrej Properties Limited

1

For further information please contact

1

DISCLAIMER

1

Legends

Kochi 2.2, 1 Total Developable Area (million sq. ft.): ~214 No. of Projects: 99 (As on November 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 • G PL 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 • • Added 61 residential projects with ~121 million sq. ft. saleable area since FY2018 • Access to Group’s land bank across India (e.g. Vikhroli) 2 Sales and Execution Capability Access to Capital • India’s largest developer by number of homes sold in FY23 • Successfully delivered ~38 million sq. ft. of real estate in the past five years • Confidence of capital markets demonstrated by sector leading stock performance since IPO • L

GPL Economic Interest

Profit Share – 40% 16 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY24 OPENING OF TAJ THE TREES AT VIKHROLI, GPL’S FIRST HOSPITALITY DEVELOPMENT IN OCTOBER, 2023 Taj The Trees in Vikhroli, Mumbai • Owned by GPL and managed in partnership with Tata Group • State of the art lobby • Banquet - capacity of 380+ guests Meeting rooms • Capacity of 172 guests • Standard | Co-working | Conference Wellness Centre - Spa | Gym & yoga studio | Beauty Salon | Infinity pool F&B - Capacity of 353 guests • Restaurants - Shamiana and Nonya • Rooftop bar - The Mangrove Bar Rooms • Mangrove/pool facing • 151 keys – 140 rooms | 10 suites | 1 presidential suite 17 | GODREJ PROPERTIES I RESULTS PRESENTATION Q2 FY24 FY24 GUIDANCE VS ACTUAL Particulars FY23 Actual FY24 Guidance FY24 YTD Actual Achieveme nt (%) Updated Assessment* Booking Value (INR Crore) 12,232 14,000 7,288 52% Cash Collections (INR Crore) 8,991 10,000 4,332 43% Deliveries (Million Sq. Ft.) 10.47 12.50 6.5 52% Business Development (by expec

CORPORATE HIGHLIGHTS

Sales Highlights  Q2 FY24 was GPL’s highest ever quarterly sales witnessing total booking value of INR 5,034 crore with 5.24 million sq. ft. of area sold during the quarter.  Godrej Tropical Isle, Noida was GPL’s most successful ever launch achieving a booking value of INR 2,016 crores from 1.51 million sq. ft. of area sold  Godrej Parkland Estate, Kurukshetra was GPL’s most successful plotted launch achieving a booking value of INR 628 crores from 1.39 million sq. ft. of area sold.  7 new projects/phases were launched during the quarter Business Development  Added 1 new plotted development project in Nagpur with an estimated booking value of INR 725 crore. This is in addition to two group housing projects with an estimated value of INR 3,100 crore announced in July and mentioned in Q1 quarterly update. Other Highlights  Collections grew by 23% to INR 2,378 crore in Q2 FY24, leading to net operating cash flow of INR 811 crore in Q2 FY24  Delivered ~1.55 million sq. ft. across 2

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 Chief Financial Officer Godrej Properties Limited Tel: +91 22 6169 8500 Fax: +91 22 6169 8888 Email: rajendra@godrejproperties.com Anurag David Corporate Communications Godrej Industries Limited Email: anurag.david@godrejinds.com, Mobile: +91 93225 01136

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.