Mumbai: Godrej Properties Q3FY26 results show strong operational momentum, with Godrej Properties Limited (GPL) reporting significant year-on-year growth in booking value, collections, and profitability for the quarter ended December 31, 2025.
The company recorded booking value growth of 55% YoY to ₹8,421 crore in Q3FY26, while 9MFY26 booking value rose 25% YoY to ₹24,008 crore.
GPL also reported its highest-ever third-quarter and nine-month net profit, reaching ₹195 crore in Q3FY26 and ₹1,200 crore in 9MFY26.
Godrej Properties Q3FY26: Sales and Business Performance
During the quarter, GPL sold 3,973 homes covering 6.43 million sq. ft., while 12,726 homes covering 19.74 million sq. ft. were sold in 9MFY26, marking the highest-ever Q3 and nine-month booking values achieved by the company.
This marked the fourth consecutive quarter with booking value exceeding ₹7,000 crore and the tenth consecutive quarter exceeding ₹5,000 crore.
GPL has achieved 74% of its annual booking value guidance and remains on track to surpass its FY26 guidance of ₹32,500 crore.
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The Mumbai Metropolitan Region (MMR) contributed ₹3,239 crore (38%) to Q3FY26 booking value, supported by the successful launch of Godrej Trilogy at Worli, which generated ₹1,742 crore in bookings during the quarter.
GPL launched 11 new projects and phases across nine cities during the quarter.
Godrej Properties Q3FY26: Collections, Cash Flow, and Development
Collections for the quarter grew 40% YoY to ₹4,282 crore, while 9MFY26 collections rose 19% to ₹12,018 crore.
Operating cash flow increased 73% YoY to ₹1,062 crore in Q3FY26, while 9MFY26 operating cash flow stood at ₹3,199 crore. Direct construction spend increased 66% YoY in 9MFY26, reflecting execution momentum across projects.
Business Development and Project Additions
GPL added three new projects in Q3FY26 with an estimated saleable area of 7.30 million sq. ft. and expected booking value of ₹8,400 crore.
In 9MFY26, the company added 12 new projects with an estimated saleable area of 22.36 million sq. ft. and expected booking value of ₹24,650 crore, achieving 123% of its annual business development guidance within nine months.
GPL also delivered projects totaling approximately 1.7 million sq. ft. across three cities during Q3FY26.
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Godrej Properties Q3FY26: Sustainability, Recognition, and Corporate Updates
Godrej Properties was included in the CDP Leadership Index with an “A” rating in 2025 and recognized as a supply chain leader in CDP’s Supplier Engagement Assessment, being included in the A-list for the 2024 disclosure cycle.
The company also received Science Based Targets initiative (SBTi) validation for its near-term, long-term, and net-zero goals in December 2025 and won 42 awards in Q3FY26.
Promoters increased their stake in GPL through open-market purchases of 15,18,681 shares worth ₹300 crore in FY26 year-to-date.
Godrej Properties Q3FY26: Financial Performance Overview
Godrej Properties Q3FY26 (YoY comparison):
- Total Income: ₹1,020 crore (down 17%)
- EBITDA: ₹338 crore (up 21%)
- Net Profit: ₹195 crore (up 20%)
- EPS: ₹6.48
For 9MFY26 (YoY comparison):
- Total Income: ₹4,480 crore (up 7%)
- EBITDA: ₹1,867 crore (up 40%)
- Net Profit: ₹1,200 crore (up 18%)
- EPS: ₹39.85
Commenting on the performance of Q3 FY2026, Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said: “Godrej Properties delivered another solid quarter for bookings and earnings. The company has achieved a remarkable increase in scale in the past four years.
The equity capital of INR 6,000 crore we raised through a QIP last financial year combined with the operating cash flow we are generating will enable us to continue to invest for growth. With a robust launch pipeline, strong balance sheet, and resilient demand, we are confident of ending FY26 as our best ever year across all key operating metrics and of delivering sustained high-quality performance in the years ahead.”
