Godrej Properties Limited
Godrej Properties Limited is a real estate company with its head office in Mumbai, India and is one of the top three developers in Delhi-NCR, Bangalore, Mumbai & Pune. A subsidiary of Godrej Industries Ltd, the company was established in 1990 under t...
Key Metrics
EPS
26.09
Current ratio
1.46
Debt/Equity
1.49
Debt/EBITDA
11.55
Interest coverage ratio
7.57
Operating Cashflow to total debt
-0.21
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Strong parentage with access to land holdings of Group entities; exceptional financial flexibility
Robust collections and sales; strong project pipeline
Healthy cash flow cover
Leading real estate developer with long track record, strong market position and diversified portfolio
Liquidity position: Strong
Cons
Exposure to execution and market risks
Increase in gross debt; refinancing risk
Exposure to cyclicality inherent in real estate business
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About Godrej Properties Limited bond.
This comprehensive profile covers key factual information about Godrej Properties Limited. Godrej Properties Limited is a real estate company with its head office in Mumbai, India and is one of the top three developers in Delhi-NCR, Bangalore, Mumbai & Pune. A subsidiary of Godrej Industries Ltd, the company was established in 1990 under the leadership of Adi Godrej. Godrej Properties Limited (GPL) is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).[9] It operates in Chandigarh, Gurgaon, Ahmedabad, Kolkata, Nagpur, Mumbai, Pune, Hyderabad, Mangalore, Noida, Bengaluru, Chennai and Kochi. EPS in Mar-2024 was 26.09. Current ratio in Mar-2024 was 1.46. Debt/Equity in Mar-2024 was 1.49. Debt/EBITDA in Mar-2024 was 11.55. Interest coverage ratio in Mar-2024 was 7.57. Operating Cashflow to total debt in Mar-2024 was -0.21. Total revenue for Mar-2025 (E) was ₹5,215.05. Net income for Mar-2025 (E) stood at ₹1,834.49. Total assets as of Mar-2024 were ₹23,105.30. Total liabilities as of Mar-2024 were ₹13,818.15. Operating cash flow for Mar-2024 was ₹-2860.64. The company’s borrowing relationships include Axis Bank Limited (₹N/A Cr), State Bank of India (₹N/A Cr), State Bank of India (₹N/A Cr), IDBI Bank Limited (₹N/A Cr), Federal Bank Limited (₹N/A Cr), (₹N/A Cr). Peers and comparison entities consist of Godrej Properties Limited, DLF Limited, Macrotech Developers Limited, Oberoi Realty Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Strong parentage with access to land holdings of Group entities; exceptional financial flexibility; Robust collections and sales; strong project pipeline; Healthy cash flow cover; Leading real estate developer with long track record, strong market position and diversified portfolio; Liquidity position: Strong. Key risks include: Exposure to execution and market risks; Increase in gross debt; refinancing risk; Exposure to cyclicality inherent in real estate business. Leadership team details include Adi B Godrej (Chairman Emeritus), Ashish Karyekar (Company Secretary & Compliance Officer), Gaurav Pandey (Managing Director & CEO), Indu Bhushan (Independent Director), Jayashree Vaidhyanathan (Independent Director), Nadir B Godrej (Non Executive Non Independent Director), Pirojsha Godrej (Executive Chairperson), Rajendra Khetawat (Chief Financial Officer), Sumeet Narang (Independent Director), Sutapa Banerjee (Independent Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.