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Godrej Properties FY22 Annual Report Analysis


BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Godrej Properties Ltd.’s FY22 annual report highlights:

  1. its target to achieve pre-sales of Rs 100 billion, driven by a very robust launch pipeline;

  2. leveraging its strong balance sheet to pursue business development; and

  3. continued adoption of sustainability measures.

Godrej Properties for the first-time achieved sales bookings of $1 billion, ending FY22 with a booking value of Rs 78 billion, up 17% YoY.

National capital region generated sales of Rs 32 billion, representing 41% of overall bookings. Godrej Properties has significant upcoming launches in this market in FY23, including its premium project at Ashok Vihar, Delhi.

The management’s aims to achieve Rs 100 billion of sales in FY23, which will translate in 27% YoY growth. The company also aims to deliver another record fiscal in terms of collections and cash flows.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.





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