Godrej Properties Limited — Quarter and year ended March 31, 2026
| Sr. No. | Particulars | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.12.2025 (Unaudited) | Quarter Ended 31.03.2025 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 Income | ||||||
| Revenue from operations | 928.35 | 268.48 | 911.69 | 1,395.16 | 1,949.62 | |
| Other income | 507.96 | 442.42 | 445.41 | 1,991.27 | 2,207.76 | |
| Total Income | 1,436.31 | 710.90 | 1,357.10 | 3,386.43 | 4,157.38 | |
| 2 Expenses | ||||||
| Cost of materials consumed | 5,896.48 | 2,641.41 | 2,325.71 | 11,705.74 | 7,265.02 | |
| Changes in inventories of finished goods and construction work-in-progress | (5,376.46) | (2,473.85) | (1,737.83) | (10,932.84) | (6,052.07) | |
| Employee benefits expense | 86.01 | 84.24 | 68.80 | 378.64 | 283.57 | |
| Finance costs | 165.28 | 140.36 | 149.66 | 542.25 | 565.42 | |
| Depreciation and amortisation expense | 21.93 | 18.91 | 11.47 | 69.57 | 37.43 | |
| Other expenses | 349.01 | 191.45 | 177.89 | 1,115.81 | 793.19 | |
| Total Expenses | 1,142.25 | 602.52 | 995.70 | 2,879.17 | 2,892.56 | |
| 3 Profit before Exceptional Items and Tax | ||||||
| Profit before Exceptional Items and Tax | 294.06 | 108.38 | 361.40 | 507.26 | 1,264.82 | |
| Exceptional item (Refer Note 4) | 1.98 | 16.12 | – | 18.10 | – | |
| 4 Profit before tax for the period / year | ||||||
| Profit before tax for the period / year | 292.08 | 92.26 | 361.40 | 489.16 | 1,264.82 | |
| 5 Tax expense charge | ||||||
| Current tax | 118.90 | 41.10 | 80.33 | 181.94 | 172.01 | |
| Deferred tax (credit)/charge | (46.00) | (9.18) | 2.53 | (41.53) | 81.80 | |
| 6 Profit after tax for the period / year | ||||||
| Profit after tax for the period / year | 219.20 | 60.34 | 278.54 | 348.75 | 1,011.01 | |
| 7 Other Comprehensive Income for the period / year | ||||||
| Items that will not be subsequently reclassified to profit or loss | ||||||
| Remeasurements of the defined benefit plan | (1.51) | (1.20) | (6.50) | (5.11) | (7.62) | |
| Tax on Above | 0.38 | 0.30 | 1.63 | 1.29 | 1.92 | |
| 8 Total Comprehensive Income for the period/ year | ||||||
| Total Comprehensive Income for the period/ year | 218.07 | 59.44 | 273.67 | 344.93 | 1,005.31 | |
| 9 Paid-up Equity Share Capital | ||||||
| Face Value – INR 5/- per share | 150.60 | 150.60 | 150.59 | 150.60 | 150.59 | |
| 10 Reserves Excluding Revaluation Reserve and Debenture Redemption Reserve | ||||||
| Reserves Excluding Revaluation Reserve and Debenture Redemption Reserve | 17,642.53 | 17,293.55 | ||||
| 11 Net-Worth | ||||||
| Net-Worth | 17,793.13 | 17,573.94 | 17,444.14 | 17,793.13 | 17,444.14 | |
| 12 Earning Per Equity Share (EPS) (Amount in INR) | ||||||
| Basic EPS (* not annualized) | 7.28* | 2.00* | 9.25* | 11.58 | 35.40 | |
| Diluted EPS (* not annualized) | 7.28* | 2.00* | 9.25* | 11.58 | 35.39 | |
| 13 Key Ratios and Financial Indicators (Refer Note 7) | ||||||
| Debt Equity Ratio (Gross) | 0.84 | 0.99 | 0.69 | 0.84 | 0.69 | |
| Debt Equity Ratio (Net) | 0.45 | 0.46 | 0.25 | 0.45 | 0.25 | |
| Debt Service Coverage Ratio (DSCR) | 0.24 | 0.26 | 2.03 | 0.40 | 1.91 | |
| Interest Service Coverage Ratio (ISCR) | 1.65 | 0.93 | 2.03 | 1.04 | 1.91 | |
| Current Ratio | 1.39 | 1.44 | 1.73 | 1.39 | 1.73 | |
| Long Term Debt to Working Capital | 0.16 | 0.22 | 0.24 | 0.16 | 0.24 | |
| Bad Debts to Account Receivable Ratio | – | – | – | – | 0.00 | |
| Current Liability Ratio | 0.93 | 0.91 | 0.85 | 0.93 | 0.85 | |
| Total Debts to Total Assets | 0.27 | 0.32 | 0.27 | 0.27 | 0.27 | |
| Debtors Turnover (annualized) | 30.06 | 6.32 | 14.83 | 7.29 | 7.11 | |
| Inventory Turnover (annualized) | 0.09 | 0.03 | 0.16 | 0.04 | 0.10 | |
| Operating Margin (%) | (1.72)% | (63.23)% | 10.24% | (61.07)% | (15.22)% | |
| Adjusted EBITDA (%) | 34.26% | 38.35% | 39.70% |
| Sr. No. | Particulars | As at 31.03.2026 Audited | As at 31.03.2025 Audited |
|---|---|---|---|
| A | ASSETS | ||
| 1 | Non-current Assets | ||
| a | Property, Plant and Equipment | 502.53 | 313.29 |
| b | Right-of-Use Asset | 229.15 | 72.52 |
| c | Capital Work-In-Progress | 104.64 | 93.53 |
| d | Investment Property | 150.51 | 135.44 |
| e | Other Intangible assets | 11.61 | 13.82 |
| f | Intangible Assets under Development | – | 0.59 |
| g | Financial Assets | ||
| Investments in Subsidiaries, Joint Ventures and Associate | 1,498.71 | 1,442.49 | |
| Other Investments | 2,214.24 | 2,014.11 | |
| Loans | 912.89 | 732.44 | |
| Other Non-Current Financial Assets | 588.65 | 178.52 | |
| h | Deferred Tax Assets (Net) | 34.54 | – |
| i | Income Tax Assets (Net) | 162.22 | 94.17 |
| j | Other Non-Current Non Financial Assets | 9.43 | 18.91 |
| Total Non-Current Assets | 6,419.12 | 5,109.83 | |
| 2 | Current Assets | ||
| a | Inventories | 26,253.21 | 15,312.68 |
| b | Financial Assets | ||
| Investments | 2,659.88 | 3,453.68 | |
| Trade Receivables | 98.83 | 283.89 | |
| Cash and Cash Equivalents | 942.74 | 821.60 | |
| Bank Balances Other than Above | 2,876.15 | 3,238.38 | |
| Loans | 11,850.62 | 9,842.38 | |
| Other Current Financial Assets | 2,507.23 | 2,284.08 | |
| c | Other Current Non Financial Assets | 2,820.72 | 3,597.07 |
| Total Current Assets | 50,009.38 | 38,833.76 | |
| Total Assets | 56,428.50 | 43,943.59 | |
| B | EQUITY AND LIABILITIES | ||
| 1 | EQUITY | ||
| a | Equity Share Capital | 150.60 | 150.59 |
| b | Other Equity | 17,642.53 | 17,293.55 |
| Total Equity | 17,793.13 | 17,444.14 | |
| 2 | LIABILITIES | ||
| 2.1 | Non-current Liabilities | ||
| a | Financial Liabilities | ||
| Borrowings | 2,250.00 | 4,000.00 | |
| Lease Liabilities | 211.87 | 63.90 | |
| Other Non – Current Financial Liabilities | 15.70 | 7.85 | |
| b | Provisions | 56.00 | 25.27 |
| c | Deferred Tax Liabilities (Net) | – | 8.28 |
| Total Non-Current Liabilities | 2,533.57 | 4,105.30 | |
| 2.2 | Current Liabilities | ||
| a | Financial Liabilities | ||
| Borrowings | 12,717.40 | 7,968.09 | |
| Lease Liabilities | 32.11 | 10.56 | |
| Trade Payables | |||
| – total outstanding dues of micro enterprises and small enterprises | 303.35 | 110.33 | |
| – total outstanding dues of creditors other than micro enterprises and small enterprises | 1,759.35 | 1,296.93 | |
| Other Current Financial Liabilities | 1,002.41 | 814.96 | |
| b | Other Current Non Financial Liabilities | 20,210.91 | 12,122.97 |
| c | Provisions | 32.66 | 27.42 |
| d | Current Tax Liabilities (Net) | 43.61 | 42.89 |
| Total Current Liabilities | 36,101.80 | 22,394.15 | |
| Total Liabilities | 38,635.37 | 26,499.45 | |
| Total Equity and Liabilities | 56,428.50 | 43,943.59 |
| Particulars | For the Year Ended 31.03.2026 Audited | For the Year Ended 31.03.2025 Audited |
|---|---|---|
| Cash Flows from Operating Activities | ||
| Profit before Tax | 489.16 | 1,264.82 |
| Adjustments for: | ||
| Depreciation and amortisation expense | 69.57 | 37.43 |
| Finance costs | 542.25 | 565.42 |
| Profit on sale of property, plant and equipment (net) | (3.86) | (0.50) |
| Share of Loss in Limited Liability Partnerships | 120.47 | 41.41 |
| Share based payments to employees | 4.05 | 4.82 |
| Provision/Liabilities written back | (5.57) | (2.24) |
| Interest income | (1,582.03) | (1,256.83) |
| Dividend income | 0.00 | 0.00 |
| Profit on sale of Investments (net) | (164.99) | (211.32) |
| Fair value gain upon relinquishment of joint control | (131.09) | (618.87) |
| Income from investment measured at FVTPL | (66.61) | (115.74) |
| Provision / expected credit loss written back on investments (Net) | (20.43) | (1.22) |
| Lease rent from investment property | (6.99) | (1.81) |
| Provision / Expected Credit Loss on other asset (net) | 24.07 | 21.37 |
| Intangibles/ Other financial assets Written off | 0.57 | 5.02 |
| Write down of inventories | – | 9.55 |
| Operating Loss before working capital changes | (731.43) | (258.69) |
| Changes in Working Capital: | ||
| Increase in Non-Financial Liabilities | 7,116.07 | 6,318.51 |
| Increase / (Decrease) in Financial Liabilities | 799.51 | (92.23) |
| (Increase) in Inventories | (7,761.98) | (4,870.51) |
| (Increase) in Non-Financial Assets | (793.59) | (2,666.03) |
| (Increase) in Financial Assets | (68.41) | (25.91) |
| Taxes Paid (net) | (708.40) | (1,336.17) |
| (249.26) | (162.98) | |
| Net cash flows (used in) operating activities | (1,689.09) | (1,757.84) |
| Cash Flows from Investing Activities | ||
| Acquisition of property, plant and equipment, investment property and intangible assets, including capital creditors and advances | (317.23) | (166.99) |
| Proceeds from sale of property, plant and equipment and intangible assets | 14.66 | 3.51 |
| Redemption/(Purchase) of investment in mutual funds (net) | 1,050.89 | (1,558.12) |
| Purchase of investments in fixed deposits (net) | (13.27) | (2,122.53) |
| Investment in subsidiaries and joint ventures | (198.34) | (53.61) |
| Investment in debentures of joint ventures | (18.76) | (55.40) |
| Investment in debentures | (20.07) | – |
| Investment in equity | (13.94) | – |
| Withdrawal of fluctuating capital from LLP | 240.21 | 42.67 |
| Loan given to subsidiaries and joint ventures (net) | (1,356.56) | (1,602.62) |
| Loan given to others (net) | (32.88) | (21.49) |
| Interest received | 554.10 | 313.76 |
| Proceeds from Sale of Investment in Joint venture | 11.88 | 46.69 |
| Dividend received | 0.00 | 0.00 |
| Lease rent from investment property | 6.99 | 1.81 |
| Net Cash Flows (used in) Investing Activities | (92.32) | (5,172.32) |
| Cash Flows from Financing Activities | ||
| Proceeds from issue of equity share capital (net of issue expenses) | 0.01 | 5,921.72 |
| Proceeds from Long Term Borrowings | – | 1,340.00 |
| Proceeds from short-term borrowings (net) | 2,253.99 | 475.47 |
| Interest and other borrowing cost paid | (1,091.82) | (920.69) |
| Payment of minimum lease liabilities | (20.08) | (7.01) |
| Net Cash Flows generated from Financing Activities | 1,142.10 | 6,809.49 |
| Net (Decrease) in Cash and Cash Equ |