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Godrej Properties shares jump 2.5% after Q4FY26 collections surge 14% YoY to ₹7,947 crore

Godrej Properties shares jump 2.5% after Q4FY26 collections surge 14% YoY to ₹7,947 crore

Business Upturn 3 days ago

Shares of Godrej Properties Limited rose approximately 2.5% on April 10 after the company announced record quarterly and full year operational performance for Q4 and FY2026.

The stock opened at ₹1,738.00 against its previous close of ₹1,695.50, touching a session high of ₹1,747.80 and a low of ₹1,706.40. The 52-week range stands between ₹1,434.00 and ₹2,506.50.

According to the company's operational update, FY2026 booking value grew 16% year on year to ₹34,171 crore, achieved through the sale of 17,515 units covering 27 million square feet. This is the highest ever full year booking value and volume announced by any listed real estate developer in India. The company achieved 105% of its annual guidance for booking value. Booking value has grown at a CAGR of 41% over the past three years.

Q4FY2026 booking value stood at ₹10,163 crore, the highest quarterly bookings ever recorded by the company, growing 21% quarter on quarter. This marks the fifth consecutive quarter in which the company delivered more than ₹7,000 crore in booking value and the 11th consecutive quarter above ₹5,000 crore. FY2026 is the ninth consecutive year in which the company delivered growth in booking value.

Sales were geographically diversified, with key contributions from MMR at ₹10,313 crore, Bengaluru at ₹8,802 crore, NCR at ₹7,410 crore, Pune at ₹3,659 crore, Hyderabad at ₹2,360 crore, and other markets contributing ₹1,627 crore. Eleven individual projects across six cities each generated booking value of more than ₹1,000 crore during the year.

On collections, Q4FY2026 collections stood at ₹7,947 crore, a 14% year on year increase and the highest quarterly collections reported by any real estate developer in India. FY2026 collections stood at ₹19,965 crore, up 17% year on year, also the highest annual collections reported by any listed real estate developer in India. The company achieved 95% of its annual guidance for collections.

On business development, the company added 18 new projects in FY2026 with a total estimated saleable area of approximately 33.32 million square feet and a total estimated booking value potential of approximately ₹42,100 crore, more than double its initial guidance of ₹20,000 crore. In Q4FY2026, six new projects with an estimated saleable area of 11 million square feet and expected booking value of ₹17,450 crore were added.

The company delivered 12.1 million square feet of projects in FY2026 across nine cities, representing 121% of its annual delivery guidance. Promoters also invested ₹2,674 crore to acquire a 5% stake in the company during FY2026 at an average price 21% above the financial year-end stock price.

Godrej Properties is a national real estate developer and part of the Godrej Industries Group, with a presence across residential, commercial, and mixed-use developments in India's major metropolitan markets.

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