Godrej Properties Ltd (GPL), one of India’s leading national real estate developers, reported its highest-ever bookings, collections, operating cash flow and business development additions in FY26.
Strong booking growth
GPL recorded a 16% year-on-year increase in booking value to ₹34,171 crore in FY26, driven by the sale of 17,515 units covering 27 million sq. ft., reflecting a volume growth of 5%.
The company achieved 105% of its annual booking guidance, while posting a robust three-year CAGR of 41% in booking value.
Geographically diversified sales
Sales remained well diversified across key residential markets, with Mumbai Metropolitan Region (MMR) contributing ₹10,313 crore, followed by Bengaluru at ₹8,802 crore, NCR ₹7,410 crore, Pune ₹3,659 crore, Hyderabad ₹2,360 crore and other regions ₹1,627 crore.
Notably, GPL’s South Zone (Bengaluru, Hyderabad and Chennai) and Mumbai Zone (Mumbai and Indore) each crossed ₹11,000 crore in booking value for the first time.
Strong execution and collections
Collections rose 17% to ₹19,965 crore, with a three-year CAGR of 30%, while the company achieved 95% of its annual collection’s guidance.
Direct construction spends increased by 62%, reflecting accelerated execution. Operating cash flow also witnessed a strong three-year CAGR of 30%.
GPL delivered 12.1 million sq. ft. across nine cities, achieving 121% of its annual delivery guidance.
Robust pipeline and business development
During FY26, the company added 18 new projects with a total estimated saleable area of 33.32 million sq. ft. and a booking value potential of ₹42,100 crore, including six projects with around 11 million sq. ft. of saleable area.
“Our business development additions with a future booking value potential of over ₹42,000 crore in FY26 will ensure that we continue to have a strong launch pipeline in the years ahead. The combined operating cash flow of over ₹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 Ltd, Managing Director and CEO, Gaurav Pandey, said.
We remain focused on building on this momentum in FY27 through excellence in design, construction quality, timely delivery, sustainability, and innovation,” he said.
Outlook
The company’s strong operational and financial performance, coupled with a robust project pipeline, positions it well to sustain growth momentum in FY27.