NSE: GODREJPROP | BSE: 533150

Expensive Underperformer

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2011.00 -4.60 (-0.23%)

40.90% Fall from 52W High

190.7K NSE+BSE Volume

NSE 16 Apr, 2025 10:31 AM (IST)

60,568.3

Market Cap

High in industry

1.7

Beta 1Year

Very High Volatility

Godrej Properties Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GODREJPROP, BSE:533150 Godrej Properties Ltd.

Godrej Properties Ltd.

04 May 2024

2011.00

-0.23%

Exceptional performance across parameters

Buy: Godrej Properties Ltd.

Target

Motilal Oswal

Godrej Properties (GPL) reported the highest ever bookings of INR95b, up
135%/66% YoY/QoQ and 47% above our estimate. In FY24, bookings stood
at INR225b, up 84% YoY (61%/15% higher than guidance/estimate)

Godrej Properties Ltd. has lost -36.09% in the last 6 Months

Godrej Properties Ltd.

02 Nov 2023

2011.00

-0.23%

Sales bookings impress, but debt levels continue to rise

Sell: Godrej Properties Ltd.

ICICI Securities Limited

Godrej Properties (GPL) clocked record Q2FY24 gross sales bookings of 5.2msf worth INR50.3bn (10% above I-sec estimate of INR45.0bn), led by INR20.2bn of sales from Tropical Isle, Noida project launched during the quarter. While the company retained guidance for INR140bn of FY24 gross sales bookings driven by a launch pipeline of ~17.6msf in H2FY24, operating cash surplus for H1FY24 was weak at INR9.3bn.

Godrej Properties Ltd. has an average target of 2627.00 from 4 brokers.

Godrej Properties Ltd.

25 Oct 2023

2011.00

-0.23%

Technical pick update 01 - GODREJ PROP

Buy: Godrej Properties Ltd.

IDBI Capital

Godrej Properties Ltd. has an average target of 2627.00 from 4 brokers.

Godrej Properties Ltd.

10 Oct 2023

2011.00

-0.23%

TECHNICAL PICK: GODREJ PROP

Buy: Godrej Properties Ltd.

IDBI Capital

Godrej Properties Ltd. has lost -36.09% in the last 6 Months

Godrej Properties Ltd.

24 Aug 2023

2011.00

-0.23%

GODREJ PROPERTIES LIMITED

Accumulate: Godrej Properties Ltd.

Target

Geojit BNP Paribas

Godrej Properties Ltd. has lost -36.09% in the last 6 Months

Godrej Properties Ltd.

02 Aug 2023

2011.00

-0.23%

Muted pre-sales and cash flows, but healthy completions

Buy: Godrej Properties Ltd.

Target

Motilal Oswal

Godrej Properties Ltd. is trading below all available SMAs

Godrej Properties Ltd.

02 Aug 2023

2011.00

-0.23%

Cash flows disappoint, debt levels a key monitorable

Sell: Godrej Properties Ltd.

Recommendation

ICICI Securities Limited

Godrej Properties (GPL) clocked muted Q1FY24 gross sales bookings of 2.25msf worth INR22.5bn (I-sec estimate of INR24.0bn) and was down 11% YoY in value terms owing to delay in a few planned launches. While the company retains guidance for INR140bn of FY24 gross sales bookings driven by a launch pipeline of ~19msf for rest of FY24, operating cash surplus for Q1FY24 were weak at INR1.2bn.

ICICI Securities Limited upgraded Godrej Properties Ltd. to Buy with a price target of 2515.0 on 08 Apr, 2025.

Godrej Properties Ltd.

03 May 2023

2011.00

-0.23%

Delivers on all parameters

Buy: Godrej Properties Ltd.

Recommendation Target

Motilal Oswal

Promoters have decreased holdings from 58.48% to 46.50% in Dec 2024 qtr

Godrej Properties Ltd.

03 May 2023

2011.00

-0.23%

Cash flows impress, growth story on track

Hold: Godrej Properties Ltd.

Target

ICICI Securities Limited

Godrej Properties (GPL) clocked Q4FY23 gross sales bookings of Rs40.5bn vs. I-sec estimate of Rs40.0bn led by 12 new launches across MMR, Pune and Bengaluru. The company clocked record FY23 sales bookings of Rs122.3bn (up 56% YoY) and with a strong pipeline of ~20msf of launches in FY24, the company has given FY24 sales booking guidance of Rs140bn (I-sec estimate of Rs147bn).