Godrej Properties moves up on reporting 7% Y-o-Y growth in bookings in Q4 FY25
Godrej Properties is currently trading at Rs. 1984.10, up by 57.95 points or 3.01% from its previous closing of Rs. 1926.15 on the BSE.
The scrip opened at Rs. 2012.05 and has touched a high and low of Rs. 2051.30 and Rs. 1941.00 respectively. So far 29523 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3400.00 on 26-Sep-2024 and a 52 week low of Rs. 1869.50 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 2175.00 and Rs. 1869.50 respectively. The current market cap of the company is Rs. 59625.57 crore.
The promoters holding in the company stood at 46.50%, while Institutions and Non-Institutions held 40.25% and 13.25% respectively.
Godrej Properties (GPL) has achieved its highest ever quarterly and full year bookings. In Q4 FY25 booking value grew 7% Year-on-Year (Y-o-Y) and 87% Q-o-Q to Rs 10,163 crore. This was achieved through the sale of 3,703 homes with a total area of 7.52 million sq. ft.
This is also the 7th consecutive quarter in which GPL has delivered more than Rs 5,000 crore of booking value. In FY25 booking value grew 31% YoY to Rs 29,444 crore. This was achieved through the sale of 15,302 homes with a total area of 25.73 million sq. ft., a YoY volume growth of 29%. GPL has achieved 109% of its annual guidance for booking value for FY25.
Sales in Q4 FY25 were driven by strong demand in several key new project launches including Godrej Riverine in Noida, which achieved a booking value of over Rs 2,000 crore, Godrej Astra in Gurugram, which achieved a booking value of over Rs 1,000 crore, and Godrej Madison Avenue, in Hyderabad, which achieved a booking value of over Rs 1,000 crore. NCR, MMR & Bengaluru contributed more than Rs 10,500 crore, Rs 8,000 crore and Rs 5,000 crore respectively to the booking value in FY25.
Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.
