Godrej Properties , a leading real estate developer in India, has announced ambitious plans for the second half of the fiscal year 2026. The company is poised to launch housing units worth Rs 22,000 crore, building on its performance in the first half of the year.

First Half Performance

In the first six months of FY26, Godrej Properties has made significant strides:

Second Half Outlook and Annual Targets

The company's plans for the second half of FY26 are equally ambitious:

Godrej Properties remains confident in achieving its annual guidance, with the planned launches in the second half expected to complement the performance seen in the first six months.

Market Implications

The substantial increase in planned property launches for the second half of the fiscal year suggests that Godrej Properties is optimistic about the real estate market's potential. This expansion strategy could be indicative of demand in the housing sector, particularly in the markets where Godrej Properties operates.

The company's ability to maintain its annual guidance, despite the significant increase in launch value for the second half, demonstrates confidence in its execution capabilities and market positioning. Investors and industry observers will likely be watching closely to see if Godrej Properties can successfully deliver on these targets.

As the real estate sector continues to evolve, Godrej Properties' performance could provide insights into the broader trends in India's housing market and consumer demand for residential properties.

Godrej Properties , one of India's leading real estate developers, has reported strong financial results for the second quarter of fiscal year 2026, demonstrating significant growth across key metrics.

Financial Highlights

Godrej Properties achieved its highest-ever second quarter and half-year net profit, recording INR 405.00 crores for Q2 and INR 1,005.00 crores for H1 FY2026, marking year-on-year growth of 21% and 18% respectively. The company's booking value for Q2 surged by 64% year-on-year to INR 8,505.00 crores, representing the ninth consecutive quarter of sales exceeding INR 5,000.00 crores.

Key Performance Indicators

For the first half of FY2026, Godrej Properties reported a booking value of INR 15,587.00 crores, marking a 13% year-on-year increase and achieving 48% of its annual guidance of INR 32,500.00 crores.

Market Performance

The company demonstrated strong performance across multiple markets:

• Four key markets - Bangalore, Mumbai, NCR, and Hyderabad - each contributed over INR 1,500.00 crores to quarterly bookings.
• Notable project launches included Godrej Regal Pavilion in Hyderabad (INR 1,527.00 crores) and Godrej MSR City in Bangalore (INR 1,032.00 crores).
• The company's entry into Hyderabad has been particularly successful, with total sales of about INR 2,600.00 crores in the current calendar year.

Business Development and Future Outlook

Godrej Properties added four new projects in Q2 with an estimated booking value of nearly INR 5,000.00 crores. For the first half of FY2026, the company has added nine projects with a total estimated saleable area of 15 million square feet and an expected booking value of INR 16,250.00 crores.

The management has announced a 20% Return on Equity (ROE) target for FY2028, expecting significant profit growth driven by project completions.

Collections and Cash Flow

Collections grew by 2% year-on-year to INR 4,066.00 crores in Q2. For H1 FY2026, collections increased by 10% to INR 7,736.00 crores. The management remains confident of achieving the full-year guidance of INR 21,000.00 crores in collections, despite a skew towards the fourth quarter due to delivery schedules.

Sustainability Recognition

Godrej Properties has been recognized as a global sector leader in real estate sustainability, ranking number one globally with a perfect score of 100 on the Global Real Estate Sustainability Benchmark in 2025.

As Godrej Properties continues to demonstrate strong growth and market leadership, investors and industry observers will be keenly watching the company's performance in the coming quarters, particularly its ability to meet its ambitious targets for bookings, collections, and profitability.