Godrej Properties Share Price Gains as Developer Nears ₹32,500 Crore FY26 Sales Target

Godrej Properties is gearing up for a record financial year, with the real estate developer confident of exceeding its ₹32,500 crore pre-sales target for FY26. 

Backed by steady housing demand, rising urbanisation, and a strong launch pipeline, the company has already achieved nearly half of its target in the first half of the fiscal, setting the stage for another milestone year.

Godrej Properties Strong First-Half Performance

In H1 FY26, Godrej Properties posted sales bookings worth ₹15,587 crore, a 13% increase from ₹13,835 crore in the same period last year. 

This accounts for 48% of its annual guidance, supported by a favourable demand environment and consistent project execution. Historically, the company’s second half yields stronger results, reinforcing its confidence in surpassing the full-year target.

Widespread Demand Across Core Markets

For the first time, the company recorded over ₹1,500 crore in quarterly sales from each of its five key markets Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, and Hyderabad.

A flagship project in Worli, Mumbai, with an estimated ₹10,000+ crore revenue potential, is expected to further boost its second-half performance.

Collections and Execution Momentum

Despite minor delays due to monsoon-related disruptions and environmental clearances, Godrej Properties expects to meet its ₹21,000 crore collection target for FY26. 

Collections stood at ₹7,736 crore in H1, representing 37% of the annual goal. The company anticipates a strong recovery in Q4 FY26, supported by several scheduled project deliveries.

Financial Snapshot: Q2 FY26

• Net Profit: ₹403 crore (up 21% YoY)
• Total Income: ₹1,950 crore (up from ₹1,347 crore YoY)

 The company’s financial performance reflects both efficient cost management and resilient demand across its project portfolio.

Strategic Market Focus

Godrej Properties continues to prioritise development in five core markets:

• Delhi-NCR
• Mumbai Metropolitan Region (MMR)
• Pune
• Bengaluru
• Hyderabad

 This targeted approach ensures scalability while maintaining high operational efficiency and brand equity in India’s most lucrative residential markets.

Read More: Godrej Properties Reports ₹405 Crore Net Profit in Q2 FY26; Booking Value Up 64%.

Conclusion

Godrej Properties’ strong performance in the first half of FY26, combined with a healthy launch pipeline and steady demand across major metros, positions the company well to achieve or exceed its annual sales guidance. 

While timely project execution and market stability will remain key factors, the overall outlook for the real estate major appears stable and growth-oriented heading into the second half of the fiscal year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.