Archive · 9 Nov 2025
Godrej Properties Set to Meet or Exceed FY26 Sales Target Amid Strong Demand
Godrej Properties, a company that builds homes, is feeling very optimistic about sales this year!
Their top boss, Pirojsha Godrej, believes they will reach or even beat their goal of selling ₹32,500 crore worth of homes.
They've already sold almost half of their yearly goal in just the first six months.
This is because many people want to buy homes right now.
They are also planning to launch big new housing projects, including a huge one in Mumbai that could bring in over ₹10,000 crore.
While collecting money from buyers has been a little slow because of the rainy season and other delays, they are still sure they will collect the ₹21,000 crore they expect this year.
The company also made more profit than usual in the last three months.
They have a good amount of money from selling shares and from their regular business to keep growing.
Godrej Properties is likely to meet or exceed its FY26 pre-sales target of ₹32,500 crore due to robust housing demand.
The company achieved 48% of its full-year sales target in the first six months of FY26, with pre-sales growing 13% to ₹15,587 crore.
Collections from customers are slightly impacted by monsoon and environmental delays, but the company is confident in meeting its ₹21,000 crore collection target for the fiscal year.
Godrej Properties reported a 21% year-on-year increase in consolidated net profit to ₹402.99 crore for Q2 FY26.
A strong launch pipeline for the second half of FY26, including a major project in Worli, Mumbai, is expected to contribute significantly to sales.
- Who
- Godrej Properties Executive Chairperson Pirojsha Godrej
- What
- Expressed confidence in meeting or exceeding the FY26 pre-sales target of ₹32,500 crore, citing strong housing demand and a robust launch pipeline. The company also reported a 21% year-on-year increase in consolidated net profit for Q2 FY26.
- When
- Results for Q2 FY26 reported in November 2025, covering the period July-September 2025. The discussion pertains to the fiscal year 2025-2026.
- Where
- Operations are focused in key Indian real estate markets including Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, and Hyderabad, with a significant new project launch in Worli, Mumbai.
- Why
- Strong housing demand, a robust launch pipeline, and capital raised through a qualified institutional placement are contributing to the positive outlook and confidence in achieving sales and collection targets.
Company Confidence & Strong Performance
Potential Hurdles & Collection Pace
Sales Target Achievement
Company Confidence & Strong Performance
Godrej Properties' Executive Chairperson Pirojsha Godrej is confident of meeting or exceeding the FY26 pre-sales target of ₹32,500 crore, with 48% already achieved in the first six months and a strong launch pipeline, including a major project in Worli, Mumbai.
Potential Hurdles & Collection Pace
While confident, the company's ability to exceed the target relies on the typically stronger performance of the second half of the fiscal year, as has been the trend in previous years.
Customer Collections
Company Confidence & Strong Performance
Pirojsha Godrej expressed confidence in meeting the FY26 collection target of ₹21,000 crore, despite some delays due to monsoon and environmental factors, with significant project deliveries planned for Q4 FY26.
Potential Hurdles & Collection Pace
Collections in the first six months of FY26 reached ₹7,736 crore, representing 37% of the annual target, indicating a substantial amount needs to be collected in the latter half of the year.
- FY26 Pre-sales Target
- ₹32,500 crore
- First Six Months FY26 Pre-sales
- ₹15,587 crore (13% growth YoY)
- Collection Target FY26
- ₹21,000 crore
- First Six Months FY26 Collections
- ₹7,736 crore (37% of target)
- Q2 FY26 Consolidated Net Profit
- ₹402.99 crore (21% increase YoY)
- Q2 FY26 Total Income
- ₹1950.05 crore
- Key Markets for Group Housing
- Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Hyderabad
- Major Upcoming Project
- Worli, Mumbai (estimated revenue over ₹10,000 crore)
