Archive · 18 Aug 2025
Godrej Properties' Debt Climbs Sharply in Q1 Amid Expansion
Godrej Properties, a real estate company, borrowed more money to buy land and build more houses due to high demand.
Their debt went up, but their financial position is still considered good.
They plan to buy a lot more land.
Despite a slight drop in sales at the beginning of the year, they are still aiming to achieve high sales.
The company made a good profit in the recent quarter.
They are working hard to build more homes!
Godrej Properties' net debt increased by 42% to ₹4,637 crore in Q1 FY26.
The debt-to-equity ratio rose to 0.26 but is considered manageable.
The company aims to acquire land for housing projects worth ₹20,000 crore in FY26.
Five land parcels were acquired in Q1 with a revenue potential of ₹11,400 crore.
Godrej Properties targets sales bookings of ₹32,500 crore for FY26, despite a 18% pre-sales decline in Q1.
- Who
- Godrej Properties, a real estate firm.
- What
- Godrej Properties' net debt rose to ₹4,637 crore.
- When
- In the June quarter (Q1 FY26).
- Where
- Across Mumbai, Pune, Bengaluru, and Panipat.
- Why
- To expand its housing portfolio and meet strong market demand.
- Net Debt (Q1 FY26)
- ₹4,637 crore
- Debt-to-Equity Ratio
- 0.26
- Land Acquisition Guidance (FY26)
- ₹20,000 crore
- Land Parcels Acquired (Q1)
- 5
- Revenue Potential of Land (Q1)
- ₹11,400 crore
- Sales Bookings Target (FY26)
- ₹32,500 crore
- Consolidated Net Profit (Q1)
- ₹598.40 crore
- Total Income (Q1)
- ₹1,620.34 crore
Sources
Godrej Properties net debt rises 42 pc to ₹4,637 cr in Q1, debt-equity ratio at 0.26
Godrej Properties net debt rises 42% to ₹4,637 crore in Q1, debt-equity ratio at 0.26
Godrej Properties net debt rises 42% to ₹4,637 cr in Q1, debt-equity ratio at 0.26