Godrej Properties eyes over Rs 39,000 crore bookings

Godrej Properties, part of the Godrej Industries Group, is eyeing residential bookings to over Rs 39,000 crore in FY 2027.

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The company’s booking value grew 16 per cent to Rs 34,171 crore in FY 2026. In the fourth quarter the company recorded its highest ever quarterly bookings of Rs 10,163 crore equaling the previous best in fourth quarter of FY 2025.

Godrej Properties fourth quarter net profit grew 70 per cent to Rs 650 crore, its highest ever quarterly net profit.

It also posted its highest ever annual net profit of Rs 1,850 crore for FY26, registering a growth of 32 per cent from last year.

The company’s collections increased 17 per cent to Rs 19,965 crore in FY26. Fourth quarter collections stood at Rs 7,947 crore.

This is the highest collections ever reported by an Indian real estate developer in a quarter and in a financial year, Godrej Properties said.

“Godrej Properties delivered a record-breaking financial year 2026 with its highest ever bookings, collections, operating cashflows, earnings, and business development. The demand for residential real estate in India remains strong across key markets and the company will continue to seek to gain market share through outstanding design, timely delivery, and high-quality developments,” Pirojsha Godrej, Executive Chairperson, Godrej Properties Ltd, said in a statement.

“Our business development additions with a future booking value of over Rs 42,000 crore in FY26 will ensure that we continue to have a strong launch pipeline in the year ahead. The record operating cash flow of Rs 7,830 crore we generated in FY26 will enable us to continue to invest for growth while ensuring a strong balance sheet,” he said.

“In FY27, we plan to grow residential bookings to over Rs 39,000 crore through the launch of a large number of exciting new projects combined with strong sustenance sales. This combined with strong construction progress will allow us to maintain rapid growth in operating cash flows as well. With a robust launch pipeline and strong balance sheet, we are confident of a strong FY27, but will remain watchful about potential global security led disruptions to the economy and sectoral demand,” Pirojsha Godrej said.

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