Godrej Properties FY25 Results: Booking Growth, Profit Surge & Strategic Outlook

🏢 Godrej Properties Q4 & FY25 Result Analysis: Booking Boom & Financial Resilience

📈 Key Highlights & Strategic Insights

• Area Sold (Q4 FY25): 5.25 million sq. ft. ⬆️ 45% YoY
  
  

• Booking Value (Q4 FY25): ₹5,720 Cr ⬆️ 135% YoY
  
  

• Area Sold (FY25): 16.65 million sq. ft. ⬆️ 40% YoY
  
  

• Booking Value (FY25): ₹22,565 Cr ⬆️ 84% YoY
  
  

• Collections (FY25): ₹13,008 Cr ⬆️ 25% YoY
  
  

💰 Revenue & Profit Performance

📊 Segment & Balance Sheet Overview

• Net Worth: ₹17,444 Cr vs ₹10,512 Cr YoY
  
  

• Debt-to-Equity (Gross): 0.69x; Net: 0.25x (significant deleveraging)
  
  

• Total Assets: ₹43,944 Cr (↑ 57% YoY)
  
  

• Inventory: ₹15,313 Cr (↑ 66% YoY)
  
  

• Cash & Equivalents: ₹821 Cr
  
  

• Book Value Per Share: ₹580+
  
  

💡 Industry KPIs & Capital Efficiency

• Debt Service Coverage Ratio (DSCR): 1.91
  
  

• Interest Coverage Ratio (ISCR): 1.91
  
  

• Current Ratio: 1.73
  
  

• Operating Margin: 10.24% (improved from -94.98% in Q3)
  
  

🔍 Valuation Metrics (CMP ₹2,159)

🔮 Outlook: Near-Term & Long-Term

Near-Term:

• Strong pipeline for launches in H1 FY26.
  
  

• Focus on premium residential and redevelopment projects.
  
  

• Likely sustenance of cash flow strength via high bookings and collections.
  
  

Long-Term:

• Positioned as a top player in India’s organized real estate sector.
  
  

• Focus on asset-light model via joint ventures and land partnerships.
  
  

• Real estate formalization trend and urbanization to act as long-term tailwinds.
  
  

📌 Conclusion

Godrej Properties has showcased robust financial growth and operational efficiency in FY25. With a massive scale-up in bookings and low leverage, it is poised to capture upcoming demand in India’s premium and affordable housing space.

📉 Disclosure:

This blog is for informational purposes only. Investors are advised to conduct their own due diligence before making investment decisions.