Godrej Properties Share Price Analysis

As of 10:15AM on Thursday, shares of Godrej Properties Ltd. were up 1.89 percent to Rs 1075.7. (IST). During the period, the stock’s price ranged between Rs 1053.0 and Rs 1078.7.

The stock’s return on equity (ROE) was 4.06 percent. Around 10:15 AM, there were 1015 shares traded on the counter, with a transaction of Rs 0.99 crore. Godrej Properties Ltd.’s shares recently traded at a 52-week high of Rs. 1704.9 and a 52-week low of Rs. 1005.7.

Developer/FII Holding
Promoters owned 58.42% of the business as of December 31, 2022, while foreign investors owned 27.31% and domestic institutional investors owned 2.61%.

Primary Financials
The company reported consolidated sales of Rs 404.58 crore for the quarter that ended on Dec. 31, 2022, an increase of 9.58% from the previous quarter’s Rs 369.2 crore and 13.35% from the same quarter a year earlier. Net income after taxes for the most recent quarter.

Let us look at the Fundamentals

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	452	770	1,037	1,179	1,843	2,123	1,583	1,604	2,817	2,441	765	1,825	1,937
Expenses +	346	650	751	897	1,586	1,986	1,330	1,819	2,639	2,181	1,214	1,880	1,956
Operating Profit	105	120	286	283	257	137	253	-216	178	260	-449	-56	-19
OPM %	23%	16%	28%	24%	14%	6%	16%	-13%	6%	11%	-59%	-3%	-1%
Other Income +	107	88	10	75	83	146	150	499	419	473	568	761	786
Interest	4	5	3	4	5	41	104	150	234	220	185	167	164
Depreciation	4	4	4	6	10	14	14	16	14	21	20	21	23
Profit before tax	204	199	289	347	326	228	284	117	348	493	-86	516	580
Tax %	30%	35%	32%	32%	28%	30%	27%	26%	27%	44%	-121%	32%
Net Profit	143	129	197	236	236	160	207	87	253	274	-189	351	425
EPS in Rs	7.34	4.92	6.95	8.00	9.58	7.33	9.56	4.01	11.04	10.73	-6.81	12.68	15.10
Dividend Payout %	24%	24%	23%	25%	21%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	9%
5 Years:	3%
3 Years:	-13%
TTM:	109%

Compounded Profit Growth
10 Years:	15%
5 Years:	11%
3 Years:	15%
TTM:	514%

Stock Price CAGR
10 Years:	16%
5 Years:	8%
3 Years:	20%
1 Year:	-37%

Return on Equity
10 Years:	4%
5 Years:	2%
3 Years:	2%
Last Year:	4%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	70	78	78	99	100	108	108	108	115	126	139	139	139
Reserves	842	1,365	1,351	1,694	1,747	1,657	1,896	1,102	2,354	4,682	8,181	8,536	8,639
Borrowings +	945	2,087	1,678	2,574	3,486	3,123	3,980	3,703	3,516	3,715	4,593	5,196	5,382
Other Liabilities +	361	1,179	1,572	1,779	2,030	1,691	1,197	3,358	2,107	1,567	3,333	3,932	4,885
Total Liabilities	2,218	4,709	4,679	6,147	7,363	6,578	7,181	8,271	8,092	10,090	16,245	17,804	19,045
Fixed Assets +	46	46	51	64	117	107	102	113	97	113	174	183	188
CWIP	1	19	36	62	73	1	0	71	100	163	229	340	428
Investments	0	0	0	0	0	664	760	1,454	2,637	3,571	5,243	4,883	4,489
Other Assets +	2,170	4,644	4,593	6,021	7,173	5,807	6,319	6,633	5,259	6,243	10,599	12,397	13,940
Total Assets	2,218	4,709	4,679	6,147	7,363	6,578	7,181	8,271	8,092	10,090	16,245	17,804	19,045