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Screener Research Unlisted Startup Funding IPO

Godrej Properties

₹1430.2 5 | 0.4%

Market Cap ₹39765 Cr.

Stock P/E 69.6

P/B 4.3

Current Price ₹1430.2

Book Value ₹ 333.2

Face Value 5

52W High ₹1530.8

Dividend Yield 0%

52W Low ₹ 1005.7

Godrej Properties Research see more...

Overview Inc. Year: 1985Industry: Construction - Real Estate

Godrej Properties Limited is an India-based real estate organisation. The Company is engaged mostly in the business of property construction, improvement and different associated activities. The Company focuses on growing residential and industrial tasks. It operates in about 12 domestic places. The Company operates in India across cities along with Mumbai, Pune, Kolkata, Nagpur, Chennai, National Capital Region (NCR), Bangalore, Ahmedabad, Mangalore and Chandigarh.

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Godrej Properties Share Price

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Volume
Price

Quarterly Price

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Godrej Properties Quarterly Results

#(Fig in Cr.) Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 170 433 86 129 279 1331 245 165 196 1646
Other Income 141 143 176 205 188 192 182 204 208 193
Total Income 311 576 262 334 467 1523 426 369 405 1839
Total Expenditure 225 587 150 185 284 1073 259 232 213 1300
Operating Profit 86 -11 112 149 183 450 168 137 192 539
Interest 45 41 42 41 42 43 34 41 46 54
Depreciation 5 5 5 5 5 6 5 6 6 7
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 36 -57 66 102 136 401 128 91 139 478
Provision for Tax 17 67 19 23 29 96 33 -19 45 116
Profit After Tax 19 -123 47 80 107 306 95 109 95 363
Adjustments -5 -68 -30 -44 -68 -45 -49 -54 -36 50
Profit After Adjustments 14 -192 17 36 39 260 46 55 59 412
Adjusted Earnings Per Share 0.6 -6.9 0.6 1.3 1.4 9.4 1.6 2 2.1 14.8

Godrej Properties Profit & Loss

#(Fig in Cr.) Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
Net Sales 770 1037 1179 1843 2123 1583 1604 2817 2441 765 1825 2252
Other Income 50 10 79 83 129 118 499 405 473 568 761 787
Total Income 820 1048 1258 1927 2252 1701 2102 3222 2915 1333 2586 3039
Total Expenditure 612 751 901 1586 1986 1330 1783 2639 2096 1098 1692 2004
Operating Profit 208 296 358 341 266 371 320 583 819 235 894 1036
Interest 5 3 4 5 41 104 150 234 220 185 167 175
Depreciation 4 4 6 10 14 15 16 14 21 20 21 24
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 199 289 347 326 211 253 153 334 578 30 705 836
Provision for Tax 70 92 111 90 68 78 30 95 219 104 166 175
Profit After Tax 129 197 236 236 143 175 123 239 359 -73 539 662
Adjustments -31 -59 -77 -45 15 32 -37 14 -89 -116 -187 -89
Profit After Adjustments 98 138 159 191 159 207 87 253 271 -189 352 572
Adjusted Earnings Per Share 5.8 8.2 8 9.6 7.3 9.6 4 11 10.7 -6.8 12.7 20.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 139% -13% 3% 9%
Operating Profit CAGR 280% 15% 19% 16%
PAT CAGR 0% 31% 25% 15%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 4% 20% 13% 19%
ROE Average 6% 5% 7% 10%
ROCE Average 7% 7% 7% 7%

Godrej Properties Balance Sheet

#(Fig in Cr.) Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Shareholder's Funds 1443 1429 1793 1847 1765 2004 1210 2469 4808 8320 8675
Minority's Interest 47 106 203 228 0 0 0 0 0 0 -2
Borrowings 189 376 286 567 500 475 500 500 0 1000 1000
Other Non-Current Liabilities 95 146 134 262 -117 -153 -629 -503 -331 -131 -194
Total Current Liabilities 3113 2913 4061 4871 4308 4696 6550 5111 5264 6777 8021
Total Liabilities 4886 4969 6478 7776 6456 7022 7631 7577 9742 15966 17500
Fixed Assets 46 51 64 117 107 102 110 94 103 151 149
Other Non-Current Assets 186 349 331 532 496 611 1200 1963 1994 2731 2251
Total Current Assets 4655 4569 6083 7126 5853 6309 6321 5520 7645 13083 15100
Total Assets 4886 4969 6478 7776 6456 7022 7631 7577 9742 15966 17500

Godrej Properties Cash Flow

#(Fig in Cr.) Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Opening Cash & Cash Equivalents 138 503 168 860 -89 37 -189 -500 -24 -2 269
Cash Flow from Operating Activities -1226 121 -689 -941 490 -344 1155 478 -232 -671 -452
Cash Flow from Investing Activities 28 -15 -185 -96 186 -196 -973 -981 -1721 -3322 124
Cash Flow from Financing Activities 1564 -442 1566 852 -554 315 -493 970 1974 4259 235
Net Cash Inflow / Outflow 366 -336 692 -184 122 -225 -311 467 21 266 -93
Closing Cash & Cash Equivalent 503 168 860 676 37 -189 -500 -24 -2 269 179

Godrej Properties Ratios

# Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Earnings Per Share (Rs) 5.83 8.24 8.04 9.58 7.33 9.56 4.01 11.04 10.73 -6.81 12.68
CEPS(Rs) 7.9 12.01 12.21 12.32 7.29 8.76 6.45 11.06 15.06 -1.93 20.17
DPS(Rs) 1.5 2 2 2 0 0 0 0 0 0 0
Book NAV/Share(Rs) 85.84 84.93 92.45 92.4 81.43 92.44 55.7 107.44 190.53 299.15 311.92
Core EBITDA Margin(%) 20.52 27.56 23.61 13.96 6.44 15.96 -11.16 6.32 14.15 -43.58 7.3
EBIT Margin(%) 26.47 28.14 29.84 17.94 11.87 22.53 18.93 20.17 32.69 28.14 47.81
Pre Tax Margin(%) 25.78 27.85 29.46 17.69 9.96 15.97 9.57 11.86 23.68 3.98 38.64
PAT Margin (%) 16.72 19.02 20.04 12.78 6.76 11.06 7.7 8.49 14.71 -9.57 29.55
Cash Profit Margin (%) 17.23 19.45 20.53 13.32 7.43 11.98 8.7 9 15.55 -7.02 30.73
ROA(%) 3.53 4 4.13 3.31 2.02 2.6 1.69 3.15 4.15 -0.57 3.22
ROE(%) 10.95 13.76 14.5 12.82 7.96 9.31 7.7 13.04 9.88 -1.12 6.35
ROCE(%) 7.57 8.8 9.42 6.82 4.93 6.56 5.57 10.43 11.01 2.02 6.55
Receivable days 68.67 62.22 41 32.64 29.37 46.43 44.04 20.47 44.3 163.07 44.24
Inventory Days 889.65 1051.16 1077.47 837.09 743.74 909.57 876.19 385.04 324.13 1652.63 1047.04
Payable days 365.54 465.58 331.93 174.08 137.7 187.74 111.3 46.64 112.93 1006.91 635.27
PER(x) 49.29 29.84 26.53 26.23 40.41 40.34 180.81 73.77 56.15 0 131.91
Price/Book(x) 3.35 2.9 2.31 2.72 3.64 4.17 13.03 7.58 3.16 4.71 5.36
Dividend Yield(%) 0.49 0.76 0.94 0.8 0 0 0 0 0 0 0
EV/Net Sales(x) 8.29 5.44 5.03 4.23 4.44 7.71 11.9 7.75 7.53 56.19 27.54
EV/Core EBITDA(x) 30.72 19.03 16.59 22.89 35.42 32.9 59.7 37.5 22.47 183.06 56.22
Net Sales Growth(%) 70.55 34.68 13.7 56.3 15.17 -25.43 1.31 75.68 -13.34 -68.67 138.57
EBIT Growth(%) -2.22 43.16 20.56 -6.01 -23.83 41.58 -14.88 87.21 40.44 -73.03 305.32
PAT Growth(%) -9.73 53.19 19.77 -0.3 -39.12 22.1 -29.5 93.75 50.11 -120.39 836.42
EPS Growth(%) -33.02 41.35 -2.42 19.06 -23.44 30.36 -58 174.97 -2.76 -163.45 286.12
Debt/Equity(x) 1.45 1.18 1.4 1.89 1.77 1.99 3.07 1.43 0.77 0.54 0.59
Current Ratio(x) 1.5 1.57 1.5 1.46 1.36 1.34 0.97 1.08 1.45 1.93 1.88
Quick Ratio(x) 0.62 0.46 0.58 0.49 0.45 0.5 0.4 0.65 1.05 1.22 1.18
Interest Cover(x) 38.4 97.25 78.54 69.92 6.21 3.44 2.02 2.43 3.63 1.16 5.21
Total Debt/Mcap(x) 0.43 0.41 0.61 0.7 0.49 0.48 0.24 0.19 0.24 0.12 0.11

Godrej Properties Shareholding Pattern

# Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Promoter 64.44 58.44 58.43 58.43 58.43 58.43 58.43 58.48 58.48 58.48
FII 20.21 28.2 28.07 30.02 29.85 28.38 27.73 27.5 27.41 27.09
DII 5.56 5.21 5.14 4.33 4.09 4.56 4.92 4.54 4.55 4.69
Public 9.79 8.15 8.36 7.22 7.63 8.63 8.92 9.48 9.55 9.74
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 25% CAGR over last 5 years
  • Debtor days have improved from 1006.91 to 635.27days.

Cons

  • Company has a low return on equity of 5% over the last 3 years.
  • Stock is trading at 4.3 times its book value.
  • Earnings include an other income of Rs. 761 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Godrej Properties News