Godrej Properties reported a landmark performance for FY26, achieving its highest-ever annual booking value of INR 34,171 crore, marking a 16% year-on-year growth. The company remains the largest residential developer in India by bookings for the third consecutive year. Driven by strong demand and strategic project launches, the firm delivered robust earnings growth, with net profit rising by 32% to INR 1,850 crore for the full financial year.
Record-Breaking Annual Performance
Godrej Properties concluded the financial year 2026 with record-breaking metrics across all key operational areas. The company achieved an annual booking value of INR 34,171 crore, exceeding its original guidance by 5%. This growth was fueled by the sale of 17,513 units covering 27 million square feet. In the final quarter (Q4) alone, bookings reached INR 10,163 crore, representing a 21% quarter-on-quarter increase.
Geographic Diversification and Sales Momentum
The company’s sales portfolio remained well-diversified across India’s top real estate markets. The Mumbai region led with contributions exceeding INR 10,000 crore, followed by Bengaluru (INR 8,801 crore), NCR (INR 7,412 crore), Pune (INR 3,659 crore), and its new market, Hyderabad (INR 2,360 crore). Eleven individual projects across six cities generated booking values surpassing INR 1,000 crore each during the fiscal year.
Financial Health and Future Outlook
For the full year, the company’s total income grew by 22% to INR 8,374 crore, while EBITDA increased by 43% to INR 2,826 crore. Collections for FY26 rose 17% to INR 19,965 crore, the highest ever reported by an Indian real estate developer. Looking ahead to FY27, management has set an ambitious residential booking target of over INR 39,000 crore, supported by a robust launch pipeline and a 35% year-on-year increase in available inventory.
Strategic Growth and Business Development
Godrej Properties significantly bolstered its future sales potential by adding INR 42,100 crore in new deals during the fiscal year, achieving over 200% of its development guidance. With 18 deals closed aggregating approximately 33 million square feet, the firm is well-positioned for consistent growth. Management noted that while the industry faces global geopolitical uncertainties, the company remains cautiously optimistic and focused on maintaining its strong momentum and execution speed.
Source: BSE
