Godrej Properties shares rally 3% on achieving 105% of FY26 bookings guidance. Check details

Shares of Godrej Properties rallied as much as 3% to their day's high of Rs 1,745 on the BSE on Friday after the company released its provisional business update for the fourth quarter and the full financial year 2026.

The developer said FY26 was a record year across key metrics, including bookings, collections, operating cash flow and business development. It added that both booking value and collections during the year were the highest ever reported by an Indian real estate company.

For the full year, Godrej Properties exceeded its bookings guidance, achieving 105% of the target. Booking value for FY26 rose 16% to Rs 34,171 crore, translating into a three-year CAGR of 41%. In the fourth quarter, booking value stood at Rs 10,163 crore, marking the company’s best-ever quarterly performance and matching the previous peak recorded a year ago. This represented a 21% sequential increase, with sales of 4,791 units covering a total area of 7.26 million square feet.


The company highlighted that this was the fifth consecutive quarter with booking value above Rs 7,000 crore and the eleventh straight quarter exceeding Rs 5,000 crore.

Collections for FY26 increased 17% to Rs 19,965 crore, with a three-year CAGR of 30%. In the March quarter, collections came in at Rs 7,947 crore, up 14% from the previous best quarter and 86% higher sequentially.

Operating cash flow for the year grew 5% to Rs 7,830 crore, also reflecting a three-year CAGR of 30%. In the fourth quarter, operating cash flow stood at Rs 4,631 crore, rising 14% compared to the earlier peak and surging 336% on a sequential basis.

During FY26, the company added projects with an estimated future booking value of Rs 42,100 crore, more than double its initial guidance and representing a 59% increase. Free cash flow in the fourth quarter rose 5% year-on-year to Rs 626 crore.

Godrej Properties launched 18 new projects during the year, with a combined estimated booking value potential of Rs 42,100 crore and a saleable area of about 33.32 million square feet. This included six launches in the fourth quarter alone, with an expected booking value of Rs 17,450 crore and saleable area of around 11 million square feet.

The company described FY26 as its strongest year for business development, with the value of new additions more than twice the initial guidance of Rs 20,000 crore.

In terms of execution, Godrej Properties delivered 12.1 million square feet across nine cities during the year, achieving 121% of its annual delivery target. Of this, 7.4 million square feet across eight cities was delivered in the fourth quarter.

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