Godrej Properties Limited (NSE: GODREJPROP)
Market Cap | 862.71B |
Revenue (ttm) | 35.89B |
Net Income (ttm) | 13.89B |
Shares Out | 301.18M |
EPS (ttm) | 49.92 |
PE Ratio | 57.38 |
Forward PE | 84.45 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 262,170 |
Open | 2,890.00 |
Previous Close | 2,887.40 |
Day's Range | 2,837.95 - 2,899.95 |
52-Week Range | 1,976.25 - 3,402.70 |
Beta | 0.90 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jan 31, 2025 |
About Godrej Properties
Godrej Properties Limited, together with its subsidiaries, engages in the real estate construction, development, and other related activities in India. It develops residential, commercial, and township projects. The company was incorporated in 1985 and is headquartered in Mumbai, India. [Read more]
Financial Performance
In 2023, Godrej Properties's revenue was 30.36 billion, an increase of 34.78% compared to the previous year's 22.52 billion. Earnings were 7.25 billion, an increase of 26.93%.
Financial StatementsNews
Midcap Nifty gains 1.11% as Hindustan Petroleum, Cummins India, and Godrej Properties lead the rally
The Nifty Midcap 100 Index rose by 1.11%, trading at 12,824.55 as of 11:19 AM. The index added 141.40 points, supported by strong performances in select midcap stocks across various sectors. The index...
Bandra West’s largest slum to give way to luxe towers, residents claim to be in dark
Nargis Dutt Nagar, Bandra's largest slum, is slated for a massive redevelopment project worth Rs 10,000 crore. Omkar will rehabilitate over 1,500 families while Godrej Properties will develop luxury r...
HSBC maintains Buy call on Godrej Properties, DLF and Sobha in its 2025 strategy
HSBC expects a mixed outlook for India’s real estate sector in 2025. While Q1 is anticipated to see robust sales due to mega launches, demand is likely to shift toward mid-income housing, potentially ...
Jefferies reiterates ‘Buy’ on Godrej Properties, expects 35% pre-sales growth in FY25
Jefferies has maintained a "Buy" rating on Godrej Properties with a target price of ₹3,750, highlighting its robust growth prospects driven by strategic pivots and equity raises.
GIC, Blackrock, Aberdeen among key investors in Godrej Properties’ Rs 6,000 crore QIP
Godrej Properties announced that it has raised INR 6,000 crore through the QIP route. The issue saw a strong demand of ~4X the size of the QIP and was fully covered with long only demand. The issue al...
Godrej Properties shares in focus today as company launches QIP to raise Rs 6,000 crore
Shares of Godrej Properties were trading 1.64% higher at ₹2,880.65 on the NSE as of 9:28 am today, following the company’s launch of a Qualified Institutional Placement (QIP) to raise up to ₹6,000 cro...
Stocks To Watch Today: Sonata Software, Godrej Properties, PCBL, Waaree Renewables, Ashoka Buildcon, KEC International and more
Indian equity markets had a strong session yesterday, with BSE Sensex ending 230 points higher at 80,234, while the NSE Nifty 50 gained 80 points to close at 24,274.
Godrej Properties launches QIP, floor price set at at ₹2,727.44 per share
Godrej Properties Limited has initiated a Qualified Institutional Placement (QIP) to raise capital by issuing equity shares with a face value of ₹5 each.
Godrej Properties shares jump 3% as BofA upgrades to ‘Buy’ rating
Godrej Properties Limited (GPL) saw its shares rise 3% after BofA upgraded its rating from “Neutral” to “Buy.” The brokerage also raised the target price to ₹3,600 from ₹3,500, citing robust growth po...
Godrej Properties shares in focus as company acquires 53-acre plot in Joka, Kolkata with potential revenue of Rs 500 crore
Godrej Properties Ltd, the Mumbai-based real estate developer, announced the acquisition of a 53-acre land parcel in Joka, Kolkata, marking a significant expansion in its portfolio. The planned projec...
Godrej Properties acquires 53-acre land parcel in Joka, Kolkata
Godrej Properties Ltd. (BSE: GODREJPROP), one of India’s top real estate developers, has made a significant move by acquiring a sprawling 53-acre land parcel in Joka, Kolkata. This acquisition paves t...
Macrotech Developers shares surge over 7% – Check details
Macrotech Developers saw a significant rise of over 7% as of 9:57 am, trading at ₹1,278.65 on NSE. The Nifty Realty index emerged as the leading sector, gaining over 1% in the morning session, driven ...
Q2 2025 Godrej Properties Ltd Earnings Call Transcript
Q2 2025 Godrej Properties Ltd Earnings Call Transcript
Godrej Properties secures prime luxury housing plot on Golf Course Road, Gurugram with revenue potential exceeding INR 5,500 crore
Godrej Properties Limited (BSE: GODREJPROP, NSE: GODREJPROP) has announced that it has emerged as the highest bidder for a prestigious luxury group housing plot located on Golf Course Road, Gurugram, ...
Godrej Properties shares up over 3% after Q2 results; revenue jumps 218% YoY to ₹1,093.23 crore, net profit surges 360%
Brokerage firms Jefferies and HSBC have maintained their buy ratings on Godrej Properties, raising their price targets to ₹3,750 and ₹3,700, respectively, signaling a significant upside from the curre...
Jefferies maintains buy call on Godrej Properties, hikes share price target; sees 26.7% upside from CMP
Jefferies has maintained its buy rating on Godrej Properties and increased the share price target to ₹3,750 from ₹3,725, indicating a 26.7% upside from the current market price (CMP) of ₹2,960.10. The...
HSBC maintains buy call on Godrej Properties, sees 25% upside in share price from CMP
HSBC has maintained its buy rating on Godrej Properties with a share price target of ₹3,700, indicating a 25% upside from the current market price (CMP). The company expects its upcoming fundraise to ...
Godrej Properties Q2 Results: Revenue jumps 218% YoY to ₹1,093.23 crore, Net profit Jumps 360% YoY to ₹333.79 crore
Godrej Properties announced unaudited financial results for the quarter and half-year ended September 30, 2024. The Board of Directors approved the results, which were reviewed by the Audit Committee ...
Godrej Properties share price surge 2% ahead of Q2FY25 earning results today
Godrej Properties’ share price rose 2% today ahead of its Q2FY25 earnings report. The stock opened at ₹2,912.85, hitting a high of ₹2,975.60 and a low of ₹2,870.10 during the day. With a 52-week high ...
TVS Holdings shares fall over 2% ahead of Q2 results
TVS Holdings shares dropped by over 2% ahead of the company’s Q2 FY25 earnings announcement, scheduled for October 23, 2024. The market is closely watching the earnings reports of 73 companies today, ...
Realty stocks fall: Prestige, Godrej Properties, and Lodha drop over 3% as Nifty Realty sees sharp declines
The Nifty Realty index witnessed significant losses in early trading on Thursday, with several real estate stocks showing sharp declines as of 10:26 AM. Broader market indices were also down, with the...
Stocks To Watch: RIL, Bharti, HDFC Life, Godrej Properties, Cochin Shipyard, and more
Indian benchmark indices closed lower on October 15, with Nifty falling below the 25,100 mark. The Sensex ended the day down by 152.93 points, or 0.19%, at 81,820.12, while the Nifty declined by 70.70...
Godrej Properties secures 6.5 acres of land in Kharghar, Mumbai, with a revenue potential of ₹3,500 crore
Godrej Properties Limited (GPL) has successfully acquired 6.5 acres of land in Kharghar, Mumbai, after emerging as the highest bidder in an e-auction conducted by the City and Industrial Development C...
Godrej Properties acquires 6 land parcels in July-September to build projects worth Rs 9,650 crore
Godrej Properties acquired six land parcels in Q2 to develop housing projects worth Rs 9,650 crore, driven by strong demand. With these acquisitions, the firm reached 63% of its annual land acquisitio...
Brokerage Updates: Key calls on Zomato, Tata Motors, Nykaa, Zomato, Godrej Properties, Aurobindo Pharma, M&M, Info Edge, and more
Brokerage Reports Highlight Target Prices for Tata Motors, Nykaa, Info Edge, Godrej Properties, Skipper, Trent, Aurobindo Pharma, and more stocks.