Godrej Properties shares surged over 4% in early trade after the company reported a strong set of Q4 FY26 results, driven by robust execution, higher revenue recognition, and improved operating performance.
For the quarter ended March 31, 2026, the company posted a sharp rise in both revenue and profitability. Revenue from operations jumped 63.22% YoY to ₹3,458.13 crore compared to ₹2,121.73 crore in the same period last year. Profit attributable to owners of the company rose 68.17% YoY to ₹649.88 crore from ₹381.99 crore.
Total income stood at ₹3,806.65 crore, up from ₹2,681.06 crore a year ago. Meanwhile, total expenses increased to ₹3,023.14 crore from ₹2,078.82 crore, largely due to higher construction costs and project-related spending, reflecting the scale-up in operations.
Operational performance remained a key highlight for the quarter. EBITDA surged 374.90% YoY to ₹522.24 crore from ₹109.96 crore, indicating strong operating leverage.
EBITDA margin improved significantly to 15.10% from 5.18% in the year-ago period, supported by higher revenue recognition and better cost absorption.
Finance costs rose modestly to ₹51.63 crore from ₹45.98 crore, while depreciation and amortisation expenses increased to ₹35.62 crore from ₹21.07 crore.
Profit after tax came in at ₹645.44 crore compared to ₹378.44 crore last year. Earnings per share (EPS) stood at ₹21.58 versus ₹12.68 YoY.
The company also delivered a strong operational performance for FY26, exceeding most of its guidance metrics.
Launch value reached ₹42,200 crore against a guidance of ₹40,000 crore, achieving 106%. Booking value stood at ₹34,171 crore versus a target of ₹32,500 crore, translating to 105% achievement.
Customer collections came in slightly below guidance at ₹19,965 crore compared to ₹21,000 crore, achieving 95%. Deliveries during the year reached 12.1 million square feet, surpassing the guidance of 10 million square feet with a 121% achievement.
Business development significantly outperformed expectations, reaching ₹42,100 crore against a guidance of ₹20,000 crore, marking a 211% achievement.
FY27 Guidance
Looking ahead, Godrej Properties has set an ambitious growth outlook for FY27. The company is targeting launch value of ₹48,000 crore and booking value of ₹39,000 crore.
Customer collections are expected to reach ₹24,000 crore, while deliveries are projected at 13.5 million square feet. Business development guidance has been maintained at ₹20,000 crore.