Godrej Properties Limited has announced its financial results for the first quarter of FY27, reporting a 22% year-over-year increase in booking value to ₹8,651 crores. This growth was driven by the sale of 3,738 units, covering 6.2 million sq. ft. Collections also saw a robust 18% YoY rise to ₹4,348 crores. The company showcased strong operational highlights, including key project launches and sustained booking consistency.
Godrej Properties Reports Strong Q1 FY27 Performance
Godrej Properties Limited (GPL) has unveiled its financial and operational results for the first quarter ending June 30, 2026 (Q1 FY27), demonstrating significant growth across key business metrics. The company reported a substantial 22% year-over-year increase in its booking value, reaching ₹8,651 crores. This achievement was supported by the sale of 3,738 residential units, aggregating to 6.2 million square feet of saleable area.
Key Financial and Operational Highlights
Customer collections for the quarter stood at ₹4,348 crores, marking an impressive 18% year-over-year growth. GPL also maintained its booking consistency, achieving its 6th consecutive quarter with booking value exceeding ₹7,000 crores and its 12th consecutive quarter above ₹5,000 crores.
Q1 FY27 Snapshot:
- Booking Value: ₹8,651 crores (↑22% YoY)
- Units Sold: 3,738 units
- Area Sold: 6.2 million sq. ft.
- Collections: ₹4,348 crores (↑18% YoY)
- Operating Cashflow: ₹399 crores
- Construction and Related Outflow: ↑54% YoY
New Launches and Business Development
The quarter saw the launch of key projects, including Godrej Vanantara (₹3,237 crores), Godrej Samaris (₹1,248 crores), and Godrej Brooklyn Avenue (₹317 crores). In terms of business development, GPL added 3 new projects with an estimated saleable area of 8.0 million sq. ft., projecting a future booking value of ₹9,500 crores.
Sustainability and Awards
GPL continues to be recognized for its sustainability efforts. The company was included in TIME World’s Most Sustainable Companies 2026, being the only real estate company from India to feature on the list. Furthermore, GPL received the prestigious Golden Peacock National Quality Award 2026, highlighting its commitment to quality and excellence.
Sales Performance Details
The sales highlights for Q1 FY27 indicate strong performance across major cities. Bengaluru led with a booking value of ₹3,798 crores and sold area of 3.3 million sq. ft. (1,886 units). The MMR region contributed ₹1,805 crores, followed by NCR at ₹1,538 crores.
Detailed sales by project indicate that Godrej Vanatara, Bengaluru generated the highest booking value at ₹3,237 crores, followed by Godrej Samaris, Gurugram at ₹1,248 crores.
FY27 Guidance vs. Actual Performance
The company’s performance is tracking well against its FY27 guidance. For Booking Value, the YTD Actual is ₹8,651 crores against a guidance of ₹39,000 crores, achieving 22%. Customer Collections are at ₹4,348 crores (18% achievement), and Business Development by expected booking value is ₹9,500 crores (48% achievement). Deliveries at 0.9 million sq. ft. represent 7% of the guidance, while Launch value is at ₹10,500 crores (22% achievement).
Consolidated Financials
The consolidated Profit & Loss statement for Q1 FY27 shows a Total Income of ₹1,337 crores, a decrease of 16% compared to Q1 FY26. However, the Net Profit after tax stood at ₹350 crores, down 42% YoY. The Cashflow statement indicates a Net Operating Cashflow of ₹399 crores for Q1 FY27.
Balance Sheet Overview
As of June 30, 2026, the company’s Consolidated Balance Sheet shows Total Assets of ₹88,318.71 crores and Total Equity and Liabilities of ₹88,318.71 crores. The Total Equity stands at ₹19,703.67 crores, with Net Debt at ₹7,637 crores, resulting in a Net Debt/Equity Ratio of 0.39.
Source: BSE
