Trending stocks: Godrej Properties shares down 1% on weak Q4 results

NEW DELHI: Shares of Godrej Properties Ltd. traded 0.89 per cent down in Tuesday 's trade at 09:47AM (IST).
Around 2142 shares changed hands on the counter. The stock opened at Rs 625.0 and touched an intraday high and low of Rs 625.0 and Rs 613.0 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 1189.25 and a 52-week low of Rs 505.0 .


Godrej Properties posted a 23 per cent drop in its profit before tax for the fourth quarter of FY20 at Rs 190 crore mainly because of increase in cost of raw materials consumed.

Financials
Godrej Properties Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 15559.96 Crore) operating in Real Estate sector.

For the quarter ended 31-03-2020, the company has reported a Consolidated sales of Rs 1163.05 Crore, up 203.81 % from last quarter Sales of Rs 382.82 Crore and up 10.44 % from last year same quarter Sales of Rs 1053.09 Crore Company has reported net profit after tax of Rs 128.72 Crore in latest quarter.

Godrej Properties Ltd. key Products/Revenue Segments include Income From Real Estate Development which contributed Rs 1326.78 Crore to Sales Value (92.53 % of Total Sales), Sale of services which contributed Rs 78.69 Crore to Sales Value (5.48 % of Total Sales), Other Operating Revenue which contributed Rs 23.82 Crore to Sales Value (1.66 % of Total Sales) and Lease Rentals which contributed Rs 4.46 Crore to Sales Value (0.31 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 64.38 per cent stake in the company as of quarter ended 31st Mar 2020 .

Valuation ratio
It quoted a price-to-earnings ratio of 48.59 and price to book value of 5.79 .