Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the fourth quarter and year ended March 31, 2026. The company delivered its highest ever annual net profit of ₹1,850 crore for FY26, marking a year-on-year growth of 32%. The fourth quarter net profit also saw a significant increase, growing 70% to ₹650 crore, the highest quarterly net profit for the company.
The board of directors has recommended a dividend of ₹10 per share, equivalent to 200% for FY26. This financial year, GPL achieved its highest ever business development, bookings, collections, and operating cash flow. The company retained its position as India’s largest residential developer by booking value for the third consecutive financial year.
Booking value for FY26 grew 16% year-on-year and at a 3-year compound annual growth rate (CAGR) of 41%, reaching ₹34,171 crore. The fourth quarter booking value was the highest ever quarterly bookings by GPL, equalling the previous best quarter in Q4FY25 and growing 21% quarter-on-quarter to ₹10,163 crores.
Collections for FY26 grew by 17% year-on-year and at a 3-year CAGR of 30%, amounting to ₹19,965 crore. The fourth quarter collections stood at ₹7,947 crore, representing a year-on-year growth of 14% and a quarter-on-quarter growth of 86%. This marks the highest collections ever reported by an Indian real estate developer in a quarter and in a financial year.
Operating cash flow (OCF) for Q4FY26 was ₹4,631 crore, showing a year-on-year growth of 14% and a quarter-on-quarter growth of 336%. For the financial year, OCF stood at ₹7,830 crore, a year-on-year growth of 5%. Direct construction spend increased by 62% in FY26.
The company generated free cash flow (FCF) of ₹628 crores in Q4FY26, a 6% increase year-on-year. GPL added ₹42,100 crore of future sales potential through portfolio additions in FY26, achieving over 200% of guidance and delivering a year-on-year growth of 59%. Projects aggregating 12.1 million sq. ft. were delivered in FY26, achieving 121% of guidance.
Commenting on the performance, Mr. Pirojsha Godrej, Executive Chairperson, said, “Godrej Properties delivered a record-breaking financial year 2026 with its highest ever bookings, collections, operating cashflows, earnings, and business development. The demand for residential real estate in India remains strong across key markets and the company will continue to seek to gain market share through outstanding design, timely delivery, and high-quality developments.”
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).