Godrej Properties Limited

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drejproperties.com CIN: L74120MH1985PLC035308 May 03, 2021 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 The National Stock Exchange of India Limited Exchange Plaza, Plo

5 billion

e 05 3 | GODREJ PROPERTIES I RESULTS PRESENTATION Q4 FY21 GODREJ GROUP • Established in 1897 • $5 billion in annual revenue • 1.1 billion people globally use a Godrej product 1 2 • Godrej ranks amongst

1.1 billion

ESULTS PRESENTATION Q4 FY21 GODREJ GROUP • Established in 1897 • $5 billion in annual revenue • 1.1 billion people globally use a Godrej product 1 2 • Godrej ranks amongst the most trusted Indian brands •

2.4 billion

eople globally use a Godrej product 1 2 • Godrej ranks amongst the most trusted Indian brands • $2.4 billion brand valuation by Interbrand 3 • Amongst India’s most diversified and trusted conglomerates • R

15%

Products Godrej Industries 20 year CAGR in stock price ` 1 invested in June 2001 is now worth 15% 29% 30% 14 147 181 Note: CAGR calculated for opening prices as of 18 June, 2001 when GCPL and

29%

cts Godrej Industries 20 year CAGR in stock price ` 1 invested in June 2001 is now worth 15% 29% 30% 14 147 181 Note: CAGR calculated for opening prices as of 18 June, 2001 when GCPL and GIL

30%

Godrej Industries 20 year CAGR in stock price ` 1 invested in June 2001 is now worth 15% 29% 30% 14 147 181 Note: CAGR calculated for opening prices as of 18 June, 2001 when GCPL and GIL were

22 million

shed in 1990 • Amongst India’s largest developers by residential sales • Successfully delivered ~22 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 27.2, 15 • ~187 million sq

187 million

ed ~22 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 27.2, 15 • ~187 million sq. ft. of saleable area across India • Differentiated asset-light business model • Over 300 awar

79 million

pital efficient and high ROE development model Strong Project Pipeline • Added 36 projects with ~79 million sq. ft. saleable area since FY2018 • Access to Group’s land bank across India (e.g. Vikhroli) 2 S

9x

ON Q4 FY21 STOCK PERFORMANCE An investment into GPL’s IPO would be worth ~9x an identical investment into the BSE Realty Index Value Creation Track Record Particulars BSE S

9.7%

rties BSE Realty Index 11 year CAGR in stock price ` 1 invested in January 2010 is now worth 9.7% 17.5% -3.2% 2.82 6.12 0.69 Note: CAGR calculated for prices as on 04 January, 2010 (the date

“across 3 cities in FY21 Commercial Project Update • Full OC has been received for Godrej Two • Leased 0.24 million sq.”

“ft.) Kalyan, MMR Sarjapur 4, Bangalore Whitefield, Bangalore Sanpada, MMR Total 1.50 1.60 2.50 0.39 5.99 Business Model 100% owned project 100% owned project 100% owned project with 5.4% area share to landlord 100% owned project Deal pipeline for FY22 is strong and we expect significant portfolio additions during the year 12 | GODREJ PROPERTIES I RESULTS PRESENTATION Q4 FY21 CONSTRUCTION HIGHLIGHTS Delivered ~6.5 million sq.”

“ft.) 4,176,803 3,610,789 16% 2,395,688 74% 10,813,774 8,799,842 23% Booking Value (INR Cr) 2,632 2,383 10% 1,488 77% 6,725 5,915 14% Strong response to new project/phase launches Godrej Woods, NCR Godrej Green Vistas, Pune Godrej Woodland, Bangalore • Launched in March 2021 • Launched in February 2021 • Launched in March 2021 • Total sales stood at 493,156 sq.”

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

“q s n o i l l i M ( Quarterly Sales Value 2,383 2,632 1,446 1,189 897 1,531 1,488 1,074 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Quarterly Sales Volume 3.6 4.2 2.3 1.3 1.6 2.5 2.4 1.7 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 23 | GODREJ PROPERTIES I RESULTS PRESENTATION Q4 FY21 BUSINESS DEVELOPMENT Added a new project with saleable area of ~0.4 million sq.”

“in Q4 FY21 Sanpada, MMR • The project is an acquisition of land from the City and Industrial Development Corporation (CIDCO) in Sanpada, Navi Mumbai which offers a well-developed social and civic infrastructure with reputed schools, hospitals, residential and commercial spaces in close proximity • Spread across approximately 1.5 acres, this project will offer approximately 0.4 million sq.”

“Commercial Project with 50% equity stake Godrej United, Bangalore 0.95 million sq.ft.”

“DM Fee project Godrej Platinum, Vikhroli 0.17 million sq.ft.”

“57% (GPL) Profit Share - 58% 100% owned project 100% owned project DM Fee - 11% of Revenue DM Fee - 13% of Revenue Profit Share - 40% Profit Sharing - 49% Status Ongoing Forthcoming Forthcoming Forthcoming Ongoing Forthcoming Forthcoming Forthcoming Forthcoming Ongoing Ongoing Forthcoming Ongoing Ongoing Ongoing Ongoing Ongoing Share in project specific company 11.09%, Development manager fee Rs 162/sq.”

“While the real estate sector like all parts of the economy has been impacted by the second wave, we expect the sector will continue the robust recovery it was witnessing once this crisis abates.”

Legends

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CORPORATE HIGHLIGHTS

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About Godrej Properties Limited

1

For further information please contact

1

DISCLAIMER

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Legends

Total Saleable Area (million sq. ft.): ~187 No. of Projects: 85 (As on March 31 2021) st 5 | GODREJ PROPERTIES I RESULTS PRESENTATION Q4 FY21 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 • Added 36 projects with ~79 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 Sustainability Leadership • Amongst India’s largest developers by residential sales • Successfully delivered ~22 million sq. ft. of real estate in the past five years • Confidence of capital markets demonstrated by sector

CORPORATE HIGHLIGHTS

Sales Highlights  Q4 FY21 witnessed total booking value growth of 10% YoY and 77% QoQ to INR 2,632 crore and total booking volume growth of 16% YoY to 4.18 million sq. ft.  We launched seven new projects across 4 cities in Q4 FY21  FY21 witnessed a total booking value of INR 6,725 crore and total booking volume of 10.81 million sq. ft. representing a growth of 14% in booking value and 23% in booking volume Other Highlights  Highest ever quarterly collection of INR 2,041 crore leading to net operating cash flow of INR 785 crore in Q4 FY21  Delivered ~2.3 million sq. ft. in three projects in Q4 FY21  GPL received 42 awards in Q4 FY21 and a total of 69 awards in FY21 Commenting on the performance of Q4 FY2021, Mr. Pirojsha Godrej, Executive Chairman, Godrej Properties Limited, said: “Our primary focus at the moment is to ensure the safety and wellbeing of our workforce and to do anything we can to assist the country’s response to this crisis. While the real estate sector like all pa

About Godrej Properties Limited

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 124–year legacy of excellence and trust with a commitment to cutting edge design, technology, and sustainability. In recent years, Godrej Properties has received over 250 awards and recognitions, including being ranked #1 globally amongst listed residential developers by the Global Real Estate Sustainability Benchmark (GRESB) 2020, the Porter Prize 2019, The Most Trusted Real Estate Brand in the 2019 Brand Trust Report, Builder of the Year at the CNBC-Awaaz Real Estate Awards 2019, and The Economic Times Best Real Estate Brand 2018.

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@godrejinds.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.