Godrej Properties Ltd., a leading Mumbai-based real estate developer, has announced an ambitious target of ₹32,500 crore in booking value for the financial year 2026 (FY26). This marks a significant increase from its FY25 guidance of ₹27,000 crore, reflecting the company's confidence in the robust growth of the Indian real estate sector.

FY26 Strategic Plans:

For FY26, Godrej Properties has outlined comprehensive plans to achieve its booking target:

• Launch Value: The company aims to launch projects worth ₹40,000 crore, expanding its footprint across key markets.

• Customer Collections: It anticipates collecting ₹21,000 crore from customers, indicating strong sales and efficient collection mechanisms.

• Business Development: The firm plans to invest ₹20,000 crore in business development, focusing on acquiring new projects and enhancing existing ones.

• Project Deliveries: Godrej Properties expects to deliver 10 million square feet of projects in FY26, slightly lower than the 15 million square feet guided for in the previous year.

FY25 Performance Overview:

In FY25, Godrej Properties surpassed its projected figures across all parameters:

• Booking Value: Achieved 109% of the guided figure, indicating strong market demand and effective sales strategies.

• Launch Value: Exceeded projections by 122%, showcasing the company's proactive approach in project initiation.

• Customer Collections: Surpassed expectations by 114%, reflecting efficient collection processes and customer trust.

• Project Deliveries: Delivered 123% of the projected area, demonstrating operational efficiency and commitment to timelines.

Q4 FY25 Financial Highlights:

In the fourth quarter of FY25, Godrej Properties reported:ETRealty.com+7Business & Finance News India+7The Financial Express+7

• Net Profit: A 14% year-on-year increase to ₹471 crore, indicating strong profitability.Business News Today+5The Indian Express+5Business & Finance News India+5

• Revenue: A 13% decline to ₹1,426 crore, attributed to various market factors.The Economic Times+1CNBCTV18+1

• EBITDA: A 2% decrease to ₹717 crore, with margins narrowing to 5.2% from 8.6% in the previous year.The Economic Times

Despite the revenue dip, the company's consistent profitability underscores its resilience and effective cost management.

Market Performance:

Shares of Godrej Properties are currently trading 1.5% higher, priced at ₹2,192.9, reflecting investor confidence in the company's strategic direction and financial health.

Conclusion:

Godrej Properties' ambitious targets for FY26, coupled with its strong performance in FY25, highlight its robust position in the Indian real estate market. The company's focus on expansive project launches, strategic business development, and efficient operations positions it well for sustained growth in the coming years.

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