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Godrej Industries, the holding company of the Godrej Industries Group, along with Godrej Agrovet and Astec LifeSciences, today announced leadership transitions as part of a planned generational succession. Nadir Godrej, Chairperson of the Godrej Industries Group, will retire upon turning 75 in August 2026 and will assume the role of Chairman Emeritus. He will step down from the boards of Godrej Industries, Godrej Agrovet, Godrej Consumer Products, and Godrej Properties at that time. He has also stepped down as Chairperson and Non-Executive Director of Astec LifeSciences, effective 13 April 2026. Nadir Godrej has played a pivotal role in shaping the Group's growth, values, and global presence over several decades.
Pirojsha Godrej, Chairperson Designate of the Godrej Industries Group, will succeed him as Chairperson of the Godrej Industries Group and Godrej Industries , effective 14 August 2026. He will continue to serve as Chairperson of Godrej Properties, Godrej Capital, and Godrej Ventures.
Burjis Godrej will take on the role of Chairperson of Godrej Agrovet and will join the Board of Godrej Industries as a Non-Executive Director, effective 14 August 2026. He has stepped down as Managing Director of Astec LifeSciences with immediate effect and will continue to serve on its Board as a Non-Executive Director.
Vishal Sharma, CEO of Godrej Chemicals, has been appointed Chairperson of Astec LifeSciences with immediate effect. Arijit Mukherjee, currently COO of Astec LifeSciences, will be appointed Executive Director.
In Q4 FY26, however, the company’s booking value remained flat at Rs 10,163 crore as compared with the same period last year. This booking value was achieved through the sale of 4,791 units with a total area of 7.26 million square feet.
Fourth quarter’s collections stood at Rs 7,947 crore, representing a year-on-year (YoY) growth of 14%. The collections for FY2026 added up to Rs 19,965 crore, up 17% YoY.
For Q4 FY26, operating cash flow (OCF) was Rs 4,631 crore (up 14% YoY) and free cash flow (FCF) was Rs 626 crore (up 5% YoY).
The company’s FY2026 OCF stood at Rs 7,830 crore, representing a YoY growth of 5%.
Godrej Properties said that it has added 18 new projects in FY2026 with a total estimated saleable area of approximately 33.32 million square feet and total estimated booking value potential of Rs 42,100 crore.
The company delivered 12.1 million square feet of projects in FY2026 across 9 cities representing an achievement of 121% of its annual guidance for deliveries in FY2026.
Gaurav Pandey, MD & CEO, Godrej Properties, said: 'Our business development additions with a future booking value potential of over Rs 42,000 crore in FY2026 will ensure that we continue to have a strong launch pipeline in the years ahead and the combined operating cash flow of over Rs 15,000 crore we have generated in the past two financial years enables us to invest for growth while continuing to strengthen our balance sheet.'
Godrej Properties is a leading national real estate developer. It is a real estate arm of the Godrej Group. The company currently operates in various cities and focuses on residential, commercial, and township development.
The company' s consolidated net profit rose 20.00% to Rs 195.16 crore despite a 48.56% decline in revenue to Rs 498.36 crore in Q3 FY26 over Q3 FY25.
Godrej Properties Ltd rose 3.01% today to trade at Rs 1745. The BSE Realty index is up 1.52% to quote at 5861.46. The index is up 3.04 % over last one month. Among the other constituents of the index, DLF Ltd increased 2.49% and Phoenix Mills Ltd added 1.91% on the day. The BSE Realty index went down 2.94 % over last one year compared to the 4.43% surge in benchmark SENSEX.
Godrej Properties Ltd has added 5.75% over last one month compared to 3.04% gain in BSE Realty index and 0.33% rise in the SENSEX. On the BSE, 2220 shares were traded in the counter so far compared with average daily volumes of 50934 shares in the past one month. The stock hit a record high of Rs 2505 on 10 Jun 2025. The stock hit a 52-week low of Rs 1434 on 02 Apr 2026.
Godrej Properties has acquired 11.36 acres of land for residential development in Gurugram, Haryana, through an outright purchase. This project will offer residential development with an estimated revenue potential of over Rs 4,500 crore, comprising a mix of premium low-rise and high-rise residencies, along with exceptional lifestyle amenities.
The plot is strategically located in Sector 63A, one of the prime sectors of Gurugram. It forms part of the Golf Course Extension Road micro-market, a major growth corridor with strong connectivity to Golf Course Road, Sohna Road, and NH-48. The micro-market has matured into a high-demand destination for residential, commercial, and retail developments.
Godrej Properties has won the bid in an e-auction conducted by the West Bengal Housing Infrastructure Development Corporation (WBHIDCO) for a prime land parcel measuring ~ 5 acres, located off EM Bypass, Kolkata, a highly desirable and upmarket residential locality in the city.
The proposed premium residential development is expected to offer an estimated revenue potential of approximately Rs 1,650 crore.
The EM Bypass corridor is one of Kolkata's most well-connected and rapidly developing urban stretches, supported by strong physical and social infrastructure. It links major neighbourhoods such as Salt Lake, New Town, Park Circus, Gariahat, and Garia, enabling seamless access to commercial hubs, IT-ITeS clusters, educational institutions, and leading healthcare facilities across the city. Multiple flyovers, arterial connectors, and its proximity to the under-construction Garia–Airport metro line further enhance connectivity. It also offers convenient road connectivity to Netaji Subhas Chandra Bose International Airport, further strengthening its position as one of Kolkata's most desirable and future-ready micro markets.
The company plans to develop a premium residential project on the site with an estimated revenue potential of approximately Rs 1,650 crore, based on current business assumptions.
The parcel is situated along the EM Bypass corridor, which is a well-connected and rapidly developing micro-market linking Salt Lake, New Town, Park Circus, Gariahat, and Garia.
The location benefits from proximity to the under-construction Garia–Airport metro line and connectivity to Netaji Subhas Chandra Bose International Airport.
In a separate filing, Godrej Properties announced that acquisition of 11.36 acres of land in Sector 63A, Gurugram, through an outright purchase.
The parcel is located along Golf Course Extension Road, one of NCR’s most premium residential corridors.
The proposed residential development is expected to generate over Rs 4,500 crore in revenue potential, comprising a mix of premium low-rise and high-rise units.
The company’s management indicated that with this transaction, GPL has added over Rs 40,000 crore of future sales potential in FY26, representing approximately 2x its full-year business development guidance, and marking its strongest year for incremental booking value addition.
The scrip tumbled 4.51% to currently trade at Rs 1655.40 on the BSE.
Godrej Properties Ltd rose 1.16% today to trade at Rs 1709.4. The BSE Realty index is up 0.2% to quote at 6405.04. The index is down 9.37 % over last one month. Among the other constituents of the index, Lodha Developers Ltd increased 0.71% and Phoenix Mills Ltd added 0.66% on the day. The BSE Realty index went down 10.17 % over last one year compared to the 6.65% surge in benchmark SENSEX.
Godrej Properties Ltd has lost 20.1% over last one month compared to 9.37% fall in BSE Realty index and 2.01% drop in the SENSEX. On the BSE, 2164 shares were traded in the counter so far compared with average daily volumes of 61038 shares in the past one month. The stock hit a record high of Rs 2522.55 on 05 Feb 2025. The stock hit a 52-week low of Rs 1476.05 on 01 Feb 2026.