Godrej Properties Limited

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jproperties.com CIN: L74120MH1985PLC035308 August 03, 2021 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 National Stock Exchange of India Limited Exchange Plaza, Plot No

5 billion

e 04 3 | GODREJ PROPERTIES I RESULTS PRESENTATION Q1 FY22 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 Q1 FY22 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% 16 176 191 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% 16 176 191 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% 16 176 191 Note: CAGR calculated for opening prices as of 18 June, 2001 when GCPL and GIL were

21 million

shed in 1990 • India’s largest developer by residential sales in FY21 • Successfully delivered ~21 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 27.3, 15 • ~185 million sq

185 million

ed ~21 million sq. ft. of real estate in the past five years Chandigarh 0.5, 1 NCR 27.3, 15 • ~185 million sq. ft. of saleable area across India • Differentiated asset-light business model • Over 300 awar

78 million

ent and high ROE development model Strong Project Pipeline • Added 35 residential projects with ~78 million sq. ft. saleable area since FY2018 • • Access to Group’s land bank across India (e.g. Vikhroli) 2

9x

ON Q1 FY22 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

10.0%

rties BSE Realty Index 11 year CAGR in stock price ` 1 invested in January 2010 is now worth 10.0% 17.0% -3.0% 2.99 6.07 0.71 Note: CAGR calculated for prices as on 04 January, 2010 (the date

“of office space at Godrej Two, despite two months of lockdown Business Development • Exited Ambernath project due to non-receipt of certain approvals within the expected timeline from the JV partner and regulatory authorities Collection and Construction Highlights • Cash collection of INR 1,201* crore in Q1 FY22, despite construction being impacted by the lockdown • Delivered ~0.5 million sq.”

“ft.) Booking Value (INR Cr) Q1 FY22 Q1 FY22 52,363 91,417 48,010 84,895 39,207 44,645 21,307 36,390 23,429 7,434 38,745 35,399 16,804 8,308 6,604 16,384 18,034 179,901 767,556 56 50 37 28 28 27 25 20 19 17 17 16 15 14 12 12 11 91 494 PROJECT BOOKING (Contd.) Particulars Commercial Projects Godrej Eternia, Chandigarh Total Grand Total Booking Area (sq.”

“This is the first project from India to get registered on the VCS platform.”

“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 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.”

“The workforce strength stood at 131% of our pre-COVID strength as of June end Business Development Project Update under Commercial Platform Indira Nagar, Bangalore  GPL has bought a 20% stake in a company to develop a commercial project with Godrej Fund Management under its commercial platform  The project offers 1.05 million sq.”

“of leasable area  GPL’s economic interest is 20% equity in project specific company Other Highlights  Delivered ~0.5 million sq.”

“Sales in June and July were 384% higher than those in April and May and we expect to see very strong sales momentum in the remainder of the financial year given a large number of launches that are planned.”

“We also expect significant portfolio additions this financial year, which will benefit the medium-term growth trajectory of our business.”

Legends

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CORPORATE HIGHLIGHTS

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About Godrej Properties Limited

1

For further information please contact

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DISCLAIMER

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Legends

Total Saleable Area (million sq. ft.): ~185 No. of Projects: 84 (As on June 30 2021) th 5 | GODREJ PROPERTIES I RESULTS PRESENTATION Q1 FY22 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 35 residential projects with ~78 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 • India’s largest developer by residential sales in FY21 • Successfully delivered ~21 million sq. ft. of real estate in the past five years • Confidence of capital markets demonstrate

CORPORATE HIGHLIGHTS

Highlights  Q1 FY22 witnessed total booking value of INR 497 crore and total booking volume of 0.77 million sq. ft. as compared to total booking value of INR 1,531 crore and total booking volume of 2.51 million sq. ft. in Q1 FY21  Leased over 1 lakh sq. ft. of office space at Godrej Two, despite two months of lockdown  Construction activity continued at most of the sites during the lockdown, albeit at a slower pace. The workforce strength stood at 131% of our pre-COVID strength as of June end Business Development Project Update under Commercial Platform Indira Nagar, Bangalore  GPL has bought a 20% stake in a company to develop a commercial project with Godrej Fund Management under its commercial platform  The project offers 1.05 million sq. ft. of leasable area  GPL’s economic interest is 20% equity in project specific company Other Highlights  Delivered ~0.5 million sq. ft. in Pune in Q1 FY22  GPL leads the ESG ratings for real estate sector in CRISIL Ltd.’s ESG report  GPL

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 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, 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 Properties has received ove

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.