Godrej Properties Q4 Results: Profit Drops 19% YoY Despite 49% Surge in Revenue

Market Performance

Godrej Properties' Q4 FY25 earnings reveal a mixed performance. While the real estate giant posted a robust 49% jump in revenue, profit figures took a hit. Following the results announcement, shares traded marginally higher by 0.11% at ₹2,161 on the BSE by 1:15 PM.

Over the past year, Godrej Properties' stock has declined by 14.54% and shows a 22% drop on a year-to-date (YTD) basis, reflecting investor caution amid fluctuating quarterly numbers.

Quarterly Financial Highlights

Godrej Properties reported its Q4 FY25 financials with some notable ups and downs:

Revenue

• ₹2,122 crore in Q4 FY25
• Up 48.77% YoY compared to ₹1,426 crore in Q4 FY24

EBITDA

• ₹567 crore, a 6% YoY decline from ₹601 crore
• Reflects increasing operational costs impacting profitability

EBITDA Margins

• EBITDA margin compressed due to rising expenses
• No specific percentage was disclosed, but margin pressure evident

Net Profits

• ₹382 crore, down 19% YoY from ₹471 crore
• Net profit margin shrank to 14.4% from 24.1% a year ago

Expenses

• Total expenditure jumped to ₹2,079 crore, up 54% YoY
• Indicates rising input and project costs

Sales Milestones and Project Launches

Despite the dip in profit, Godrej Properties achieved record-breaking sales in Q4:

• Highest-ever quarterly booking value of ₹10,163 crore, up 7% YoY
• 3,703 homes sold across a total area of 7.52 million sq. ft.
• Marked the first-ever quarter to cross ₹10,000 crore in bookings
• Continued its streak with the 7th consecutive quarter exceeding ₹5,000 crore
• Launched 12 new projects and phases across five major cities

FY25 Performance vs Guidance

Godrej Properties exceeded its projections for FY25:

• Booking Value: ₹29,444 crore vs guidance of ₹27,000 crore
• Launch Value: ₹36,600 crore vs guidance of ₹30,000 crore

FY26 Outlook

Looking ahead, the company has set higher targets for FY26:

• Booking Value Guidance: ₹32,500 crore
• Launch Value Guidance: ₹40,000 crore
• Delivery Outlook: Lower at 10 million sq. ft. vs 15 million sq. ft. in FY25
• Booking Development Guidance: Maintained at ₹20,000 crore

Company Overview

Godrej Properties is among India's leading real estate developers known for its consistent project pipeline and sales performance. The Q4 FY25 results reflect strong operational momentum, although rising costs have weighed on profit margins.

Summary

The Godrej Properties Q4 Results show a company balancing rapid sales growth with rising expenses. While revenue has soared nearly 49% YoY, net profit has declined 19%, underlining the cost pressures in India's real estate sector. With record bookings and ambitious FY26 guidance, the company is poised for expansion, but profitability will remain a key area to watch.