Godrej Properties Ltd.
NSE: GODREJPROPGodrej Properties Ltd.: A 30-second snapshot
GODREJPROP trades at ₹1,714.2, down 23.7% over 12 months and 10.3% below its 200-day moving average of ₹1,910.67, with a 31.6% drawdown from its 52-week high. Trailing PE stands at 27.9 against a forward PE of 16.2, while ROE is 9.97% and D/E is 82.1 with a rising debt trend in a capital-intensive development model. Five-year revenue growth of 63% and earnings growth of 70% reflect meaningful scale, though FCF has remained negative across all tracked years and the earnings consistency score is 35 out of 100.
P/E
27.9
Forward P/E
16.2
ROE
+10.0%
Debt / Equity
82.12
Profit Margin
+36.1%
Div. Yield
+0.6%
5Y ROE > 15%
0/5
5Y FCF > 0
0/5
Quality
46/100
News
7 headlines · 5 positive · 0 negative
Tata Projects secures first-ever construction deal with Godrej Properties for Gurgaon portfolio worth Rs 1,100 crore - ANI News
ANI News
Godrej Properties posts 70% jump in Q4 net profit on strong bookings - Business Standard
Business Standard
Godrej Properties Ltd stock (INE694A01020): Focus on project launches after recent quarterly update - AD HOC NEWS
AD HOC NEWS
Godrej Properties Ltd stock: Indian real estate developer reports strong quarterly sales growth and - AD HOC NEWS
AD HOC NEWS
Buy Godrej Properties; target of Rs 2520: Choice Institutional Equities - TradingView
TradingView
Recent context
- ·Q4 FY26 net profit rose approximately 70% YoY on strong pre-sales bookings growth, per Business Standard (May 2026); booking momentum has been cited as the primary driver of reported earnings expansion.
- ·Tata Projects secured a ₹1,100 crore first-ever construction deal with Godrej Properties for its Gurgaon portfolio (ANI News, May 2026), representing a significant execution milestone for the development pipeline.
- ·Choice Institutional Equities published a note retaining a specific price target of ₹2,520 (TradingView, May 2026); at the current price of ₹1,714.2 this implies a 47% gap to that third-party estimate — readers should note this reflects a single broker view and not a platform recommendation.
Strengths
- +Five-year revenue growth of 63% and earnings growth of 70% reflect sustained top-line and bottom-line expansion over the medium term.
- +Q4 FY26 net profit rose 70% year-on-year per Business Standard, and profit margin stands at 36.1%, among the higher reported margins in the Realty peer group.
- +Forward PE of 16.2 implies a significant compression from the trailing PE of 27.9, indicating analyst estimates embed meaningful earnings growth expectations.
- +A ₹1,100 crore construction contract with Tata Projects for the Gurgaon portfolio (May 2026) signals active project execution pipeline.
Weaknesses
- −FCF has been negative in every year across all tracked history, and ROE has never exceeded 15% in any recorded period, indicating profits do not convert to free cash or high-return equity compounding.
- −D/E of 82.1 with a rising debt trend in a sector with capital-intensive land acquisition cycles elevates refinancing and interest-cost sensitivity.
- −Quality score of 44 ranks 4th of 6 in the Realty sector, and ROE of 9.97% ranks 5th of 6 — both metrics are below the peer median, trailing Lodha, Oberoi Realty, and Phoenix Mills.
- −The stock has been below its 200-DMA and is down 23.7% over 12 months; the 31.6% drawdown from the 52-week high of approximately ₹2,506 is among the steeper corrections in the peer set.
Open questions
- ?Does the 70% five-year earnings growth reflect structural demand for premium residential real estate, or is it leveraged to a cyclical upcycle in specific micro-markets like NCR and Mumbai?
- ?Given that FCF has been negative throughout all tracked years despite a 36% profit margin, how does the company plan to transition the capital cycle — and at what level of leverage does refinancing risk become material?
- ?The forward PE of 16.2 versus trailing PE of 27.9 implies significant earnings growth; what are the key pre-sales and delivery milestones that would need to be met to justify that compression?
- ?Quality score of 44 and ROE of 9.97% rank below most direct peers — does the brand premium and project pipeline justify the valuation gap versus Oberoi Realty (quality score 65, ROE 14.91%) or is it narrowing?
Peer comparison: Realty
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| GODREJPROP | Godrej Properties Ltd.You're viewing | 27.9 | +10.0% | 44 |
| Industry avg | across 5 peers | 36.2 | +11.9% | 45 |
| OBEROIRLTY | Oberoi Realty Ltd. | 23.9 | +14.9% | 65 |
| PHOENIXLTD | Phoenix Mills Ltd. | 49.8 | +11.1% | 55 |
| LODHA | Lodha Developers Ltd. | 26.1 | +15.7% | 49 |
| DLF | DLF Ltd. | 32.5 | +10.0% | 29 |
| PRESTIGE | Prestige Estates Projects Ltd. | 48.9 | +8.0% | 25 |
Technical state
Current price
₹1,714.20
SMA 50
₹1,708.92
SMA 200
₹1,910.67
RSI (14)
45.1 (neutral)
From 52w high
-31.6%
1Y return
-23.7%
3M return
-3.2%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highFCF-positive years = 0 across all tracked history and ROE has never exceeded 15% in any recorded year (roeYearsAbove15 = 0); D/E stands at 82.1 with a rising debt trend and a consistency score of 35/100 — all three persistence signals indicate earnings are not self-funding and the balance sheet depends on pre-sales inflows to service obligations.
- highCurrent price of ₹1,714.2 is 10.3% below the 200-DMA of ₹1,910.67; the stock is down 23.7% over 12 months and 3.2% over the past 3 months, with a 31.6% drawdown from its 52-week high — indicating a sustained medium-term downtrend.
- mediumQuality score of 44 ranks 4th of 6 in the Realty sector; ROE of 9.97% ranks 5th of 6, trailing Lodha (15.71%), Oberoi Realty (14.91%), Phoenix Mills (11.06%), and DLF (10.03%), indicating below-median capital efficiency versus direct peers.
- lowSector peer priceChange1Y is null for all 5 peers, removing relative 1-year price performance comparison; analyst consensus rating is also null (count = 22 analysts), limiting interpretation of sell-side positioning.
Cross-section contradictions
- Profit margin of 36.1% and Q4 FY26 net profit growth of 70% YoY appear strong on reported figures, yet ROE has never exceeded 15% in any tracked year and FCF has been negative throughout all recorded periods — indicating profits are absorbed by land acquisition and working-capital cycles rather than flowing to shareholder returns or free cash.
- News sentiment is positive (5 of 7 articles positive, 0 negative) with a record ₹1,100 crore construction partnership and strong booking growth reported, yet the stock is down 23.7% over 12 months and 31.6% below its 52-week high — reported operational momentum has not been reflected in price.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 24 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 1 Jun 2026 · rotates through NIFTY 500 every ~5 days