Godrej Properties Limited (GPL) announced robust financial and operational performance for the second quarter of FY27. The company achieved a booking value of ₹8,008 crore, marking its 7th consecutive quarter above ₹7,000 crore. Collections grew 31% YoY to ₹5,318 crore, and operating cash flow saw a substantial 297% QoQ increase to ₹1,584 crore. GPL also highlighted a strong pipeline of new launches and sustained sales momentum.
Godrej Properties Reports Strong Q2 FY27 Performance
Godrej Properties Limited (GPL) has reported significant growth in its operational and financial metrics for the second quarter of Financial Year 2027 (Q2 FY27), ending September 30, 2026. The company achieved a total booking value of ₹8,008 crore in Q2 FY27, underscoring its sustained market leadership and strong sales execution. This marks the 7th consecutive quarter where GPL has surpassed ₹7,000 crore in booking value.
Key Financial and Operational Highlights
Q2 FY27 Highlights
- Booking value: ₹8,008 crore*
- Collections: ₹5,318 crore, showing a 31% YoY and 22% QoQ growth.
- Operating Cashflow: ₹1,584 crore, up 33% YoY and an impressive 297% QoQ.
- Area Sold: 6.2 million sq. ft.
- Units Sold: 3,658.
- Construction and related outflow: Increased by 31% YoY.
- Business Development: Added 1 new project with a saleable area of 1.1 million sq. ft. and an expected booking value of ₹6,000 crore.
- Delivery: 2.5 million sq. ft. delivered.
- Leasing: 1.7 lakh sq. ft. net area.
- Awards: Received 59 awards, including the ‘Green Champion of the Year’ by NDTV and ranked #1 globally for GRESB for 2025 & 2026.
H1 FY27 Highlights
- Booking value: ₹16,659 crore*, a 7% YoY growth.
- Collections: ₹9,666 crore, up 25% YoY.
- Operating Cashflow: ₹1,983 crore.
- Construction and related outflow: Increased by 42% YoY.
- Business Development: Added 4 new projects with a saleable area of 9.1 million sq. ft. and an expected booking value of ₹15,500 crore.
- Delivery: 3.4 million sq. ft. delivered.
- Leasing: 2.0 lakh sq. ft. net area.
- Awards: Received the ‘Golden Peacock National Quality Award 2026’.
Sales and Market Performance
In Q2 FY27, GPL’s sales were significantly driven by sustenance sales, which contributed 63% to the booking value, growing 83% YoY. For H1 FY27, sustenance sales contributed 52% to the booking value and grew 55% YoY. New project launches, including Godrej Crown Residences, Noida, and Godrej Regent Park, Bengaluru, also contributed strongly to the sales figures.
The company’s sales portfolio remains diversified geographically, with key contributions from major markets such as NCR, MMR, and Bengaluru. The H2 FY27 pipeline is expected to be robust, with a strong launch pipeline and continued momentum in sustenance sales, projecting bookings of INR 22,500-25,000 crore.
Financial Health and Outlook
GPL’s consolidated financial statements show a total income of ₹2,575 crore in Q2 FY27, a 38% increase YoY. While adjusted EBITDA and EBITDA saw a decline compared to the previous year, the company’s net profit after tax stood at ₹154 crore. The company anticipates collections to reach approximately ₹15,000 crore in H2 FY27, positioning it for Free Cash Flow (FCF) positivity in the second half of the fiscal year. The balance sheet indicates total assets of ₹93,013.48 crore as of September 30, 2026.
Sustainability and ESG Leadership
Godrej Properties continues to demonstrate strong leadership in sustainability, ranking #1 globally in the Real Estate and Management sector on the S&P Global’s Dow Jones Best in class indices for 2025. The company also achieved a perfect score of 100/100 in the GRESB Benchmark Report for 2025 & 2026. GPL’s ongoing CSR projects focus on climate insurance, worker welfare, and waste management initiatives.
Source: BSE
