Godrej Properties Limited — PPTs, 02-05-2025: Investor Presentation

1. Financial Highlights:

Godrej Properties reported record Q4 and FY25 results with bookings of INR 10,163 crore in Q4 (up 87% QoQ, 7% YoY) and INR 29,444 crore for FY25 (31% YoY). Collections surged 127% QoQ to INR 6,961 crore in Q4, with FY25 collections rising 49% to INR 17,047 crore. Operating cash flow was strong at INR 4,047 crore in Q4 (up 559% QoQ) and INR 7,484 crore for FY25 (73% YoY growth). Net profit doubled to INR 1,400 crore in FY25, while project deliveries grew 47% YoY to 18.4 million sq. ft., with a sharp Q4 jump. Revenue rose 57% for FY25 to INR 6,848 crore; EBITDA increased 65% YoY to INR 1,970 crore. Q4 net profit dipped 19% YoY to INR 382 crore.

2. Strategic Initiatives & Growth Drivers:

The company launched 34 new projects/phases in FY25 across seven cities, including 12 in Q4. It added 14 new projects totaling ~19 million sq. ft. and booking potential of ~INR 26,450 crore, surpassing targets by 32%. Key Q4 launches like Godrej Riverine (Noida) and Godrej Madison Avenue (Hyderabad) boosted bookings. Godrej raised INR 6,000 crore via a record QIP to fuel expansion and cash flow growth. FY26 guidance targets residential bookings above INR 32,500 crore, supported by strong new project pipeline and sales momentum.

3. Business Developments:

Godrej’s Hyderabad debut with the Madison Avenue project generated INR 1,081 crore in Q4 bookings. Promoters increased shareholding through open market purchases, reflecting confidence. The company won 32 industry awards in Q4 and 117 in FY25, enhancing brand value. Executive Chairperson Pirojsha Godrej received the EY Entrepreneur of The Year™ 2024 honor, underscoring leadership strength.

4. Market Position & Competitive Advantage:

Godrej Properties leads with eight consecutive years of booking growth, setting industry records in bookings, collections, cash flow, and deliveries. Its well-diversified sales across regions reduce market concentration risk. Cumulative bookings since FY20 stand at INR 84,704 crore, the highest in the sector. A strong balance sheet and record cash flow combined with fresh capital give the company a competitive advantage for sustained growth.

5. Investor Implications:

Robust demand, diversified portfolio, and strong cash flows indicate positive growth potential. Promoter stake increase aligns management with shareholders. Execution risks remain but are mitigated by scale, funding strength, and market presence. With urbanization and sector tailwinds intact, Godrej Properties is well-positioned to maintain growth and financial momentum. Retail investors should track new launches and cash flows as key value drivers.