Godrej Properties, a prominent player in the Indian real estate sector, released its Q4 financial results for the fiscal year 2024-2025 on May 2, revealing a mixed bag of performance indicators. The company experienced a 19% drop in net profit, totaling ₹382 crore, compared to ₹471 crore from the same quarter the previous year. Despite this decline in profit, the company’s consolidated revenue from operations soared by an impressive 48.77%, reaching ₹2,122 crore in the latest quarter.

Financial Performance Overview

In terms of operational efficiency, Godrej Properties reported a 6% decrease in EBITDA, which fell to ₹567 crore from ₹601 crore a year earlier. This downturn in earnings comes alongside a significant 54% increase in overall expenses, which surged to ₹2,079 crore during Q4 FY25. Consequently, the net profit margin took a hit, sliding from 24.1% the prior year to 14.4% in the recent quarter.

Record-Breaking Sales

On a brighter note, Godrej Properties achieved its highest quarterly booking value ever, reaching ₹10,163 crore—a 7% increase over the previous year. This achievement was fueled by the sale of 3,703 homes, encompassing a total area of 7.52 million sq. ft. Notably, this marks the first time the company has exceeded ₹10,000 crore in booking value within a single quarter, and it also marks the seventh consecutive quarter with bookings surpassing ₹5,000 crore.

• Key Sales Metrics:
  • Quarterly Booking Value: ₹10,163 crore
  • Homes Sold: 3,703
  • Total Area Sold: 7.52 million sq. ft.
  • New Projects Launched: 12 across five cities

Future Outlook for FY26

Looking ahead, Godrej Properties surpassed its own guidance for FY25, achieving a booking value of ₹29,444 crore, well above the expected ₹27,000 crore. The launch value also exceeded projections, hitting ₹36,600 crore against a forecast of ₹30,000 crore. For FY26, the company has set ambitious targets, projecting a booking value of ₹32,500 crore and a launch value of ₹40,000 crore, indicating a positive growth trajectory. However, it has cautioned that deliveries may decrease to 10 million sq. ft. from 15 million sq. ft. in FY25.

Stock Performance

Following the announcement of its Q4 earnings, Godrej Properties’ stock showed volatility, trading slightly up at ₹2,161 per share on the BSE, reflecting a 0.11% increase. Over the past year, the company’s shares have faced challenges, declining by 14.54%, and a 22% drop year-to-date.

In summary, while Godrej Properties faced a decline in net profit during the last quarter, the substantial growth in revenue and record-breaking sales figures suggest a robust business model. With strategic planning for FY26, the company appears poised for continued progress in the competitive real estate market.