Leading real estate developer Godrej Properties Limited (GPL) reported blockbuster Q3 FY26 results with highest-ever Q3 booking value of ₹8,421 crore (+55% YoY), achieved through sale of 3,973 homes spanning 6.43 million sq ft across 9 cities.
Sales & Collections Surge
Q3 Highlights:
Bookings: ₹8,421 Cr (+55% YoY) - 11 new launches
Collections: ₹4,282 Cr (+40% YoY)
Operating Cash Flow: ₹1,062 Cr (+73% YoY)
9M FY26:
Bookings: ₹24,008 Cr (+25% YoY) - 12,726 homes, 19.74 Mn sq ft
Collections: ₹12,018 Cr (+19% YoY)
74% of FY26 guidance (₹32,500 Cr) achieved, on track to exceed
MMR led with ₹3,239 Cr (38%), anchored by Godrej Trilogy Worli (₹1,742 Cr).
Business Development
Q3: Added 3 projects (7.3 Mn sq ft, ₹8,400 Cr potential)
9M: 12 projects (22.36 Mn sq ft, ₹24,650 Cr) - 123% of annual guidance
Financial Performance
Q3 FY26 vs Q3 FY25:
Total Income: ₹1,222 Cr → ₹1,020 Cr (-17%)
EBITDA: ₹280 Cr → ₹338 Cr (+21%)
PAT: ₹195 Cr (+20%) | EPS: ₹6.48 (vs ₹5.70)
9M FY26 vs 9M FY25:
Total Income: ₹4,203 Cr → ₹4,480 Cr (+7%)
EBITDA: ₹1,336 Cr → ₹1,867 Cr (+40%)
PAT: ₹1,200 Cr (+18%) | EPS: ₹39.85 (vs ₹36.29)
Executive Chairperson Pirojsha Godrej, "Q3 delivered solid bookings and earnings with scale growth across markets. ₹6,000 Cr QIP equity + operating cash flow fuels growth. Robust pipeline, strong balance sheet ensure FY26 as best-ever year."
Other Highlights:
- Delivered 1.7 Mn sq ft across 3 cities
- CDP 'A' rating, SBTi validation
- 42 awards in Q3
- Promoters added 0.5% stake YTD (₹300 Cr)
Godrej Properties achieves 10th straight ₹5,000 Cr+ quarter, 4th consecutive ₹7,000 Cr+ quarter.
Shares of Godrej Properties Limited was last trading in BSE at Rs. 1689.85 as compared to the previous close of Rs. 1713.15. The total number of shares traded during the day was 61612 in over 6071 trades.
The stock hit an intraday high of Rs. 1716.05 and intraday low of 1649.60. The net turnover during the day was Rs. 103454918.00.