Godrej Properties Limited
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Guidance — 4 items
CORPORATE HIGHLIGHTS
opening
“and expected booking value of INR 36,250 crore Net profit grew by 124% to INR 1,489 crores Sales Highlights for Q3FY25 and 9MFY25 Booking value in 9M FY25 grew 48% to INR 19,281 crores from the sale of 18.21 million sq.”
CORPORATE HIGHLIGHTS
opening
“and expected booking value of INR 10,800 crore in Q3FY25 • In 9M FY25, GPL added 12 new projects with a total estimated saleable area of approximately 16.9 million sq.”
CORPORATE HIGHLIGHTS
opening
“and total estimated booking value potential of ~INR 23,450 Crore and have thereby surpassed the full year guidance of INR 20,000 crores.”
CORPORATE HIGHLIGHTS
opening
“With a robust launch pipeline, strong balance sheet, and resilient demand, we are on-track to surpass our bookings guidance of INR 27,000 cores in FY25 while also achieving our highest ever cash collections, deliveries, earnings and operating cash flow.”
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Risks & concerns — 1 flagged
of area, a decline of 5% year-on-year and a growth of 5% quarter-on-quarter.
— CORPORATE HIGHLIGHTS
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Opening remarks
CORPORATE HIGHLIGHTS
A record-breaking calendar year 2024 Booking value grew 69% to INR 28,800 crores from the sale of 26.38 million sq. ft. of area, a volume growth of 54%. This is the highest ever booking value achieved by any listed developer in India in a calendar year. Collections and operating cash flow was INR 14,779 Crore, a YoY growth of 40%, and INR 6,043 crore, a YoY growth of 52%, respectively Delivered projects aggregating ~18 million sq. ft. across 7 cities Added 16 new projects with an estimated saleable area of 29.1 million sq. ft. and expected booking value of INR 36,250 crore Net profit grew by 124% to INR 1,489 crores Sales Highlights for Q3FY25 and 9MFY25 Booking value in 9M FY25 grew 48% to INR 19,281 crores from the sale of 18.21 million sq. ft. of area, a volume growth of 54%. This is the highest ever 9M booking value and area sold achieved by Godrej Properties and the highest ever by any Indian Real estate developer. Booking value in Q3FY25 was INR 5,446 crore from the
About Godrej Properties Limited
Godrej Properties brings the Godrej Industries Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines a 127-year legacy of excellence and trust with a commitment to cutting edge design, technology, and sustainability. In FY 2024, Godrej Properties was the largest developer in India by the value 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 Propert
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
DISCLAIMER
Anurag David Corporate Communications Godrej Industries Limited Email: anurag.david@godrejinds.com, Mobile: +91 93225 01136 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.
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