Slides
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Results Presentation Second Quarter, Financial Year 2027
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Disclaimer Some of the statements in this communication may be 'forward looking statements' within the meaning of applicable laws and regulations. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company's operations include changes in industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labor relations
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Agenda Overview 01 Q2 FY27 Operational Highlights 02 Q2 FY27 Financial Highlights 03 Annexure 04 3 | Godrej Properties | Results Presentation Q1 FY27
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Godrej Industries Group 1. Godrej Group internal study | 2. The Brand Trust Report 2023 | 3. Interbrand study done in 2023 Value Creation Track Record Note: CAGR calculated for opening prices of 18th June, 2001 when GCPL and GIL were demerged and publicly listed 4 | Godrej Properties | Results Presentation Q2 FY27 Crafting tomorrow since 1897 $7 billion in annual sales Group companies’ combined market cap of $19 billion Over 1 billion people globally use a Godrej Industries Group product1 Amongst India’s most diversified and trusted conglomerates Real estate is the group’s largest business by sales Particulars 25-year CAGR in stock price ₹ 1 invested in June 2001 is now worth BSE Sensex 13% 22 Godrej Consumer Products 23% 173 Godrej Industries 26% 347
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Godrej Properties Legends: Total Developable Area (million sq. ft.): 261 No. of projects: 127 (As of Sep 30th, 2026) Chennai 6.2, 4 Kolkata 9.0, 5 Bengaluru 40.6, 21 Ahmedabad 24.3, 2 NCR 54.8, 33 Chandigarh 0.5, 1 Mumbai 58.3, 33 Pune 45.6, 16 Nagpur 5.7, 3 Hyderabad 11.0, 4 Indore 1.8, 2Vadodara 0.9, 1 Raipur 1.0, 1 Coimbatore 1.1, 1 5 | Godrej Properties | Results Presentation Q2 FY27 Crafting spaces that spark joy, one community, one family, one home at a time # Investors should not use the rating to make investment decisions as per SEBI guidelines India’s largest residential real estate developer by booking value, booking volume, and cash collections in both FY25 and FY26 Successfully delivered ~81 million sq. ft. of real estate since FY18 ~261 million sq. ft. of developable area across India Godrej Properties ranks #1 globally in the Real Estate and Management (REM) sector on the S&P Global’s Dow Jones Best in class indices for 2025# Ranked #1 globally with a score of 100/100 by the Global Real Estate Sustainability benchmark (GRESB) in 2025 & 2026 500+ awards received in the last 5 years
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Strengths 1. Based on Godrej Group Internal Study | 2. Total saleable area under projects, irrespective of the revenue / profit / area sharing arrangement since FY18 | 3. Comparing BV to reported sales growth for all companies with sales of more than INR 10,000 crores in FY23 | 4. Investors should not use the rating to make investment decisions as per SEBI guidelines 6 | Godrej Properties | Results Presentation Q2 FY27 Godrej Brand • Over 1 billion people globally use a Godrej Industries Group product1 •GPL brings the Godrej brand’s reputation for trust, quality and corporate governance to the real estate sector Effective Land Sourcing Model • Competitive advantage in sourcing and executing outright/joint development projects with higher economic interest • Capital efficient and high ROE development model Strong Project Pipeline • Added 102 residential projects with ~196 million sq. ft. saleable area since FY182 • Development Management Agreement with Godrej & Boyce for its large Vikhroli landholding Sales and Execution Capability •India’s largest real estate developer by booking value, booking volume, and cash collections in both FY25 & FY26 • Fastest growing large company across sectors in FY243 • Successfully delivered ~81 million sq. ft. of real estate since FY18 Access to Capital • Confidence of capital markets demonstrated by sector leading stock performance since IPO • Largest QIP (INR 6,000 crores) ever in Indian real estate in December 2024 • Lowest bank funding rates in the sector Sustainability Leadership • Godrej Properties ranks #1 globally in the Real Estate and Management (REM) sector on the S&P Global’s Dow Jones Best in class indices for 20254 • Ranked #1 globally with a score of 100/100 by the Global Real Estate Sustainability benchmark (GRESB) in 2025 & 2026 • Godrej Properties Limited has been included in the CDP - ‘A’ list in 2025 and also recognized as the supply chain leader in CDP’s Supplier Engagement Assessment (SEA). • GPL has received approval and validation from the SBTi on the near-term goals, long term and Net Zero Goals in Jan 2026. •Godrej Properties ranks #1 in the real estate sector for Business World’s Top Sustainable Companies in India. •Godrej Properties was included in TIME World’s Most Sustainable Companies 2026 the only real estate company in India to feature on the list. • Godrej Properties was recognized as the NDTV Green Champion of the year in 2026. • GPL committed to have all its projects certified as green buildings by credible green building rating systems like IGBC, LEED etc. in 2010. • GPL is proud to be a carbon Neutral organisation for Scope 1 & 2, water positive and a waste positive organisation by virtue of offsets.
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Strategic priorities GPL intends to deliver 20% ROE from FY28 while retaining market share leadership 4 Core Operating Priorities Superior Product Quality • Heavily committed to superior product design •100% of GPL’s portfolio is certified or under certification for credible external green building rating systems • Ensuring robust construction quality under our Quality Management System (QMS) • Established Godrej Living, GPL’s community management arm to provide consistent post handover service Consistent Growth •FY26 is GPL’s 9th year in a row of booking value growth and 3rd consecutive year as India’s largest developer by booking value • CY25 was the first time GPL was #1 or #2 by booking value amongst listed players in each of the country’s 5 largest real estate markets • Steadily expanding presence in new micro-markets within core cities. • Testing new markets through plotted development projects - entered Indore, Panipat, Raipur, Baroda, and Coimbatore recently. Strong Execution • Best-in-class scalable execution ecosystem to enhance the speed of construction. • 42% increase YoY in construction and related outflow in H1 FY27 • Enhanced supply chain & procurement • Expanding contractor mix and greater mix of Grade-A contractors • Industry leading initiatives to establish long term partnership with execution stakeholders, while enhancing innovation • Mobilizing labour strength through tech led initiatives. • More than 40,000 labourers on sites in Sep-26. Robust Asset Management • Robust play book for critical decision making at product conceptualization stage for holistic asset management driving capital efficiency • Fast turnaround of projects. 51 out of 52 projects acquired between FY21-FY25 are launched. 11 out of 18 projects acquired in FY26 also launched. • Institutionalized scalable real- time cost management culture for margin protection 7 | Godrej Properties | Results Presentation Q2 FY27
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Stock performance An investment into GPL’s IPO would be worth 4X an identical investment into the BSE Realty Index 8 | Godrej Properties | Results Presentation Q2 FY27 Value Creation Track Record Note: CAGR calculated for prices as on 4th January, 2010 (the date of GPL’s public listing) and 30th September, 2026 Particulars 16-year CAGR in stock price ₹ 1 invested in Jan 2010 is now worth BSE Sensex 8.8% 4.13 Godrej Properties 12.4% 7.09 BSE Realty 3.3% 1.71
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Agenda Overview 01 Q2 FY27 Operational Highlights 02 Q2 FY27 Financial Highlights 03 Annexure 04
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Q2 FY27 Highlights Booking value INR 8,008 crores* Area Sold 6.2 million sq.ft. Units Sold 3,658 Collections INR 5,318 crores ↑ 31% YoY | ↑ 22% QoQ Operating Cashflow INR 1,584 crores ↑ 33% YoY | ↑ 297% QoQ Construction and related outflow ↑ 31% YoY Business Development 1 new project Saleable area – 1.1 million sq. ft. Expected BV – INR 6,000 crores Delivery 2.5 million sq.ft. Leasing 1.7 lakh sq.ft. net area Awards 59 *Includes INR 203 crores sales done by GPL on behalf of JV partner 10 | Godrej Properties | Results Presentation Q2 FY27 Awarded Green Champion of the year By NDTV GRESB #1 globally for 2025 & 2026
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H1 FY27 Highlights Booking value INR 16,659 crores* ↑ 7% YoY Area Sold 12.3 million sq.ft. Units Sold 7,396 Collections INR 9,666 crores ↑ 25% YoY Operating Cashflow INR 1,983 crores Construction and related outflow ↑ 42% YoY Business Development 4 new projects Saleable area – 9.1 million sq. ft. Expected BV – INR 15,500 crores Delivery 3.4 million sq.ft. Leasing 2.0 lakh sq.ft. net area Awards Golden Peacock National Quality Award 2026 *Includes INR 203 crores sales done by GPL on behalf of JV partner 11 | Godrej Properties | Results Presentation Q2 FY27
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Sales highlights #Includes sales done by GPL on behalf of JV partner | *Net of taxes and includes collections for DM Projects 12 | Godrej Properties | Results Presentation Q2 FY27 Particulars Q2 FY27 Q2 FY26 Growth Q1 FY27 Growth H1 FY27 H1 FY26 Growth Area Sold (million sq. ft.) 6.2 7.1 -13% 6.2 0% 12.3 13.3 -7% Booking Value# (INR Cr) 8,008 8,505 -6% 8,651 -7% 16,659 15,587 7% Customer Collections* (INR Cr) 5,318 4,066 31% 4,348 22% 9,666 7,736 25% • GPL achieved a booking value of INR 8,008 crores in Q2 FY27. This was achieved through the sale of 3,658 units with a total area of 6.2 million sq. ft. • This is the 7th consecutive quarter in which GPL has delivered more than INR 7,000 crores of booking value and 13th consecutive quarter in which GPL has delivered more than INR 5,000 crore of booking value. • The sales was 6% & 7% lower YoY & QoQ, respectively due to some launches moving to Q3 FY27 and launches aggregating only INR 5,500 crores in the quarter. Q2 FY27 Bookings • H1 FY27 booking value grew 7% YoY to INR 16,659 crore. This was achieved through the sale of 7,396 units with a total area of 12.3 million sq. ft. • This is the highest ever H1 booking value achieved by Godrej Properties. H1 FY27 Bookings • Sales in Q2 FY27 were driven byGPL’s best ever quarter for sustenance sales, which contributed 63% to the booking value in the quarter. The sustenance sales grew 83% YoY and 43% on QoQ basis. In H1 FY27, sustenance sales contributed 52% to the booking value and grew 55% YoY. 3 projects contributed more than INR 500 crores to sustenance sales in the quarter - Godrej Trilogy in MMR, Godrej Vanantara in Bengaluru and Godrej Samaris in Gurugram. Sustenance Sales • Sales in Q2 FY27 were also driven by strong demand in some key new project launches including Godrej Crown Residences, Noida (INR 1,036 crores), Godrej Regent Park (INR 463 crores) and Godrej Florenne (INR 142 crores) in Bengaluru, and 2 plotted projects – Rivershore Estate, Nagpur (INR 310 crores) and Greenvale Estate, Raipur (INR 276 crores). Godrej Brooklyn Avenue, Hyderabad, launched towards the end of first quarter also contributed INR 727 crores to launch bookings. Launch Sales • This performance was driven by a broad and diversified portfolio, with contributions by 5 individual projects of more than INR 500 crore and 6 individual projects of INR 200-500 crore to the booking value during the quarter. • The company’s sales were well diversified geographically, with key contributions from major residential markets: NCR (INR 1,926 crore), MMR (INR 1,899 crore), Bengaluru (INR 1,564 crore), Pune (INR 976 crore), Hyderabad (INR 782 crore) and Others (INR 861 crore). Diversified portfolio • H2 FY27 is expected to benefit from an exceptionally strong launch pipeline with projects like Bandra, Sector-63A Gurgaon, Thane Uniabex, Vikhroli, Noida DMIC, Neopolis, Kharadi 2, Mahalunge 2, Vastrapur as well as new phases of several projects in the pipeline. H2 FY27 Pipeline
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Sales highlights – Strong H2 FY27 opportunity Bookings of INR 22,500-25,000 crores expected in H2 on the back of 2X launches and continued momentum in sustenance sales 16,000 ~32,000 H1 FY27 H2 FY27E Launch value (INR Crores) • GPL expects to close FY27 with bookings growth of 15-20% on year-on-year basis. This would imply a 5-year CAGR of 38-40% • H2 FY27 is expected to benefit from an exceptionally strong launch pipeline with projects like Bandra, Sector-63A Gurugram, Thane Uniabex, Vikhroli, Noida DMIC, Neopolis, Kharadi 2, Mahalunge 2, Vastrapur as well as new phases of several projects in the pipeline. 13 | Godrej Properties | Results Presentation Q2 FY27 Launch sales - 8,070 22,500-25,000 Sustenance Sales - 8,589 H1 FY27 H2 FY27E Bookings (INR Crores) 16,659
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Maanhinje, Pune INR 204 crores | 0.23 million sq. ft. Godrej Avenue Eleven, MMR INR 199 crores | 0.05 million sq. ft. Godrej Reserve, MMR INR 178 crores | 0.07 million sq. ft. Godrej Horizon, MMR INR 170 crores | 0.06 million sq. ft. Godrej Vistas, MMR INR 112 crores | 0.05 million sq. ft. Godrej Eternal Palms, MMR INR 89 crores | 0.04 million sq. ft. Godrej Skyshore, MMR INR 77 crores | 0.03 million sq. ft. Godrej RKS, MMR INR 87 crores | 0.04 million sq. ft. Godrej Evergreen Square, Pune INR 84 crores | 0.08 million sq. ft. Godrej Nurture, MMR INR 74 crores | 0.05 million sq. ft. Godrej City, MMR INR 68 crores | 0.06 million sq. ft. Godrej Vrikshya, Gurugram INR 84 crores | 0.05 million sq. ft. Godrej Aveline, Bengaluru INR 319 crores | 0.19 million sq. ft. Godrej Aqua Vista, Pune INR 58 crores | 0.07 million sq. ft. Godrej Elaris, Pune INR 185 crores | 0.14 million sq. ft. Godrej Ivara, Pune INR 263 crores | 0.24 million sq. ft. Godrej Majesty, Noida INR 95 crores | 0.06 million sq. ft. Sales highlights – Best ever sustenance sales Projects with more than INR 500 crores of sustenance sales in the quarter Other projects with strong performance Godrej Vanantara, Bengaluru INR 529 crores | 0.46 million sq. ft. Godrej Samaris, Gurugram INR 514 crores | 0.16 million sq. ft. *Includes INR 203 crores sales done by GPL on behalf of JV partner 14 | Godrej Properties | Results Presentation Q2 FY27 Godrej Skyline, Pune INR 70 crores | 0.04 million sq. ft. Godrej Varanya, MMR INR 66 crores | 0.04 million sq. ft. Godrej Bliss, MMR INR 66 crores | 0.04 million sq. ft. Godrej Woods, Bengaluru INR 56 crores | 0.04 million sq. ft. Manjari, Pune INR 59 crores | 0.07 million sq. ft. Godrej Blue, Kolkata INR 118 crores | 0.08 million sq. ft. Sustenance sales contributed 63% to the bookings in Q2 FY27 - INR 5,054 crores Godrej Trilogy, MMR* INR 567 crores | 0.09 million sq. ft. Godrej Regal Pavillion, Hyderabad INR 71 crores | 0.08 million sq. ft.
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Sales highlights – New launches Godrej Crown Residences, Noida INR 1,036 crores | 0.55 million sq. ft. Godrej Regent Park, Bengaluru INR 463 crores | 0.46 million sq. ft. Rivershore Estate, Nagpur INR 310 crores | 0.69 million sq. ft. Greenvale Estate, Raipur INR 276 crores | 0.64 million sq. ft. Godrej Florenne, Bengaluru INR 142 crores | 0.11 million sq. ft. Godrej Crown Residences, Noida Godrej Brooklyn Avenue, Hyderabad The above images are artistic impressions, purely indicative, informative, and representational in nature and not actual photographs. Designs, layouts, specifications, amenities, and floor plans are based on sanctioned plans and may be modified or changed as required by developers, government authorities, or relevant laws. Any interior decor, furnishings, fittings, or landscape elements shown in renders are for illustrative and aesthetic purposes only and are not part of the standard unit delivery or final sale. 15 | Godrej Properties | Results Presentation Q2 FY27 Godrej Brooklyn Avenue, Hyderabad* INR 727 crores | 0.58 million sq. ft. *The project of Godrej Brooklyn Avenue, Hyderabad was launched towards the end of Q1 FY27 but entire sales booking in Q2 FY27 was within 90 days of launch. Godrej Regent Park, Bengaluru
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Sales highlights – Geographic distribution Geographic distribution of sales for Q2 FY27 16 | Godrej Properties | Results Presentation Q2 FY27 City Area Sold (million sq. ft.) Booking Value (INR Crores) Units sold NCR 0.94 1,926 390 MMR 0.70 1,899 422 Bengaluru 1.31 1,564 749 Pune 0.91 976 719 Hyderabad 0.65 782 322 Others 1.67 861 1,056 Geographic distribution of sales for H1 FY27 City Area Sold (million sq. ft.) Booking Value (INR Crores) Units sold Bengaluru 4.60 5,362 2,635 MMR 1.54 3,704 1,077 NCR 1.50 3,464 591 Pune 1.81 1,914 1,396 Hyderabad 1.01 1,192 495 Others 1.86 1,023 1,202
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5.2 4.1 7.5 6.2 7.1 6.4 7.3 6.2 6.2 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 (Million sq. ft.) Quarterly Sales Volume Sales highlights - Quarterly sales trend Minimum quarterly booking value of INR 7,000 Crores in last 7 quarters Minimum quarterly volume of 6 million sq. ft. in last 7 quarters 17 | Godrej Properties | Results Presentation Q2 FY27 5,198 5,446 10,163 7,082 8,505 8,421 10,163 8,651 8,008 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 (INR cr) Quarterly Sales Value
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Highest ever Q2 & H1 collections - grew 31% in Q2 & 25% in H1 ~INR 15,000 crores collections expected in H2 FY27; to surpass annual guidance of INR 24,000 crores 3,012 4,005 3,069 6,961 3,670 4,066 4,282 7,947 4,348 5,318 6,500+ 8,000+ Q1 Q2 Q3 Q4 Collections (INR Crores) FY25 FY26 FY27 Operating Cashflow in Q2 FY27 grew 297% QoQ and 33% YoY to INR 1,584 crore. With this Godrej Properties has achieved OCF of INR 1,983 crores in H1 FY27. GPL expects collections and operating cash flows to scale up to ~INR 15,000 crores and INR ~7,000 crores respectively in H2 F Y27. This will enable GPL to be FCF positive in H2 FY27. 18 | Godrej Properties | Results Presentation Q2 FY27 9,666 ~ 15,000 ~30,000 H1 FY27 H2 FY27E FY28E Collections (INR Crores) 1,983 ~ 7,000 ~11,000- 12,000 H1 FY27 H2 FY27E FY28E OCF (INR Crores)
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Particulars Estimated saleable area (Million sq. ft.) Estimated booking value (INR Crores) Segment Business Model Marine Lines, Mumbai 1.10 6,000 Group Housing Revenue Share - 86.4% for ~89% of saleable area Business development Added 1 new project with an estimated saleable area of ~1.1 million sq. ft. and expected booking value of INR 6,000 crore in Q2 FY27 19 | Godrej Properties | Results Presentation Q2 FY27 GPL has added 4 new projects with an estimated saleable area of ~9.1 million sq. ft. and expected booking value of INR 15,500 crore in H1 FY27, achieving 78% of its full year guidance.
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Construction highlights Delivered 2.5 million sq. ft. in Q2 FY27 Delivery represents receipt of occupancy certificate from competent authorities Godrej Meadows & Godrej Hillretreat (Mahalunge), Pune 2.0 million sq. ft. GPL Economic Interest : 100% owned project 20 | Godrej Properties | Results Presentation Q2 FY27 Godrej Meridien, Gurugram 0.32 million sq. ft. GPL Economic Interest : GPL owns 20% equity in project specific company Godrej Park Greens (Mamurdi), Pune 0.13 million sq. ft. GPL Economic Interest : 100% owned project GPL has delivered 3.4 million sq. ft. in H1 FY27
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BV of INR 40,000 Crores to be delivered and recognized in P&L by FY28* 21 | Godrej Properties | Results Presentation Q2 FY27 *Deliveries are dependent on receipt of regulatory approvals and can be delayed beyond initial expectations. Revenue recognition will be basis the respective project work completion, underlying business model, economic interest and accounting method. The list includes booking value for all structures excluding DM which are accounted for on accrual basis. >2X increase in scale of booking value recognition expected ~15,000 ~ 40,000 FY25-FY26 BV recognized in P&L FY27-FY28 expected BV recognition in P&L GPL’s economic Interest ~74% GPL’s economic Interest 85-90% Godrej Reserve, MMR 100% owned Godrej Zenith, Gurugram 100% owned Godrej Ananda, Bengaluru 49% profit share Godrej Woodscapes, Bengaluru 100% owned Godrej Jardinia, Noida 100% owned Godrej Tropical Isle, Noida 100% owned Godrej Riverine, Noida 100% owned Godrej Lakeside Orchard, Bengaluru 100% owned Godrej Horizon, MMR 100% owned Godrej Ascend, MMR 100% owned Godrej Evergreen Square, Pune 100% owned Godrej Avenue Eleven, MMR 50% profit share Major projects and phases expected to be delivered by FY28 Godrej Blue, Kolkata 100% owned Godrej MSR City, Bengaluru 50% profit share Godrej Aristocrat, Gurugram 100% owned
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Taj The Trees Particulars H1 FY27 H1 FY26 Growth Room Occupancy % 86.1 77.6 850 bps Average Room Rate INR 13,896 12,937 7% Revenue INR Crores 60 54 13% EBITDA INR Crores 25 20 17% EBITDA margin % 42.2% 37.9% 150 bps Key operating metrics • The hotel is designed, built and owned by GPL and managed by Taj. • The hotel has a capacity of 151-keys, meeting room capacity of 172 guests, banquet capacity of 380+ guests, F&B capacity of 353 guests with restaurants like Shamiana, Nonya and a rooftop bar, The Mangrove Bar. The hotel also comprises of a state-of-the art wellness centre – Spa, Gym & yoga studio, beauty salon, and an infinity pool. • The hotel has been awarded ‘Leading Designer Hotel’ at the South Asian Travel Awards 2026. • The hotel has also won the Hotel of the Year Award in the Taj - Large Hotels, Domestic category at the IHCL’s Annual Business Conference 2025, being selected as the winner amongst 51 hotels in its first full year of operations. • The hotel received award for Sustainable & Environment Conscious Hotel of the Year (Luxury – Upper Upscale) by Hotelier India ESG Excellence Awards 2025 22 | Godrej Properties | Results Presentation Q2 FY27 Won ‘Leading Designer Hotel’ award by South Asian Travel Awards
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FY27 guidance vs actual Particulars FY26 Actual FY27 Guidance FY27 YTD Actual Achievement (%) Updated Assessment* Launch value (INR Crore) 42,200 48,000 16,000 33% Booking Value (INR Crore) 34,171 39,000 16,659 43% Customer Collections (INR Crore) 19,965 24,000 9,666 40% Deliveries# (Million Sq. Ft.) 12.1 13.5 3.4 25% Business Development (by expected booking value) (INR Crore) 42,100 20,000 15,500 78% * Updated management assessment of initial FY27 guidance # Represents receipt of occupancy/ completion certificate from competent authorities 23 | Godrej Properties | Results Presentation Q2 FY27 Guidance Met On track to meet or exceed guidance Not on track to meet guidance
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Sustainability – ESG performance and CSR impact • Godrej Properties ranks #1 in Business World’s Top Sustainable companies in the real estate sector in 2026. • Godrej Properties was included in TIME World’s Most Sustainable Companies 2026, the only real estate company in India to feature on the list. • Awarded the IGBC Green Champion Award for Driving the Net Zero Building Movement in India. • Godrej Properties was recognized as the NDTV Green Champion of the year. • Successfully renewed our ISO 14001:2015 certification, an internationally recognized standard for Environment Management System (EMS) across all our operations. • As of FY26, 100% of projects in reporting boundary are certified or under certification for credible external green building rating systems like IGBC and GRIHA. Milestone Achievements • GPL ranks #1 globally in Real Estate and Management (REM) sector on the S&P Global’s Dow Jones Best in class indices for 2025. • GPL has been recognized #1 globally in the Global Real Estate Sustainability Benchmark with a score of 100/100 for 2025 & 2026, 5 star rating, and an A rating for its public disclosure. • Godrej Properties Limited has been included in the Leadership Index of CDP with an ‘A’ Rating in 2025 and also recognized as the supply chain leader in CDP’s Supplier Engagement Assessment (SEA). # • GPL remains a part of FTSE Good Index Series. • GPL has received an approval and validation from the Science Based Targets initiative (SBTi) on the near-term goals. GPL has also received an approval on its commitment to long term Net Zero goals by SBTi. ESG Ratings & Disclosures ESGCSR On-going CSR projects • GPL supported parametric climate insurance for 6,541 construction workers. Workers received benefits of INR 1.52 crore (against GPL’s investment of 80 lakhs) for two weather events – extreme heat and excess rainfall. • GPL supported 2,286 workers through BOCW and non-BOCW registrations, enabling access to government social security schemes and unlocking INR 2.27 crore in government welfare support. • Under GIG group’s corporate innovation and sustainability engine - Godrej Good & Green Labs, a CSR initiative Habitat Matters, led by GPL and managed in partnership with Xynteo, was launched, that aims to accelerate the adoption of low-carbon construction materials in India by piloting promising innovations on live construction sites. A Request for Applications has been launched, inviting start-ups, research institutions and technology providers to submit promising solutions across cement, concrete, steel, blocks, glass and bio-based materials. • Through integrated waste management initiatives, GPL supported 27,501 metric tonnes of waste diversion from landfills across 4 cities, 11 urban local bodies and 1.55 lakh households in H1 FY27. • Under the crop residue management project, GPL in partnership outreached 18000+ farmers across 310 villages and 40,000 hectares of land to deliver IEC and support with in-situ and ex-situ solutions for preventing stubble burning. # Investors should not use the rating to make investment decisions as per SEBI guidelines 24 | Godrej Properties | Results Presentation Q2 FY27
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Global recognition for sustainability initiatives Ranked #1 amongst residential developers globally by GRESB (Global Real Estate Sustainability Benchmark) with a score of 100/100 for 2025 & 2026 25 | Godrej Properties | Results Presentation Q2 FY27
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Awards & recognition Received 59 awards in Q2 FY27 Illustrative list of awards Godrej Properties • NDTV Green Champion of the Year Winner •TIME Statista World’s Most Sustainable Companies Winner • Construction World Architect and Builder 2026 Winner - Developer of the year – residential Winner - India's Fastest growing real estate company – Large Category • Fulcrum Awards Winner - Best Infrastructure and Real Estate Sector Campaign • Bombay Chamber Inclusion Awards 2026 Winner – Marquee Best of the Best - Energy, Resources & Industrials Category • CII CWL Gender Parity Awards 2026 Winner - Distinguished Achievement Award – Business Excellence Category • Economic Times HR Future Skills Awards 2026 Winner – Silver & Bronze Project Awards • 2025 South Asia SABRE Awards Live Events - Godrej Meridian, Gurugram | Godrej South Estate, NCR Superior Achievement in Reputation Management - Godrej Meridian, Gurugram | Godrej South Estate, NCR Marketing to Consumers (Existing Product) – Godrej City, MMR • 10th Apex India Foundation Quality Excellence awards - 2025 Platinum Winner - Godrej Urban Retreat, Pune | Godrej Skygreens, Pune | Godrej Park Springs, Pune Gold Winner – Godrej Meadows, Pune | Godrej Evergreen Square, Pune | Godrej Forest Estate, Nagpur • Honourz Quality Excellence Awards Platinum Winner - Godrej River Royale, Pune | Godrej Evergreen Square, Pune | Godrej Emerald Waters, Pune Diamond Winner – Godrej Hill Retreat 1&2, Pune Gold Winner – Godrej Meadows, Pune | Godrej Hillside 3, Pune | Godrej Forest Estate, Nagpur • National Safety Council Merit - Godrej Evergreen Square, Pune 26 | Godrej Properties | Results Presentation Q2 FY27 Project Awards (Contd.) • GreenTech Foundation Godrej Nurture, MMR | Godrej Reserve, MMR | Godrej Avenue Eleven, MMR | Godrej Sky Terraces, MMR | Godrej Arden, Noida | Godrej Vrikshya, Gurugram | Godrej Tropical Isle, Noida | Godrej Nature Plus, Gurugram | Godrej Majesty, Noida | Godrej South Estate, NCR • ICC Safety Award Platinum Winner - Godrej Riviera, MMR | Godrej Five Gardens, MMR | Godrej Emerald Waters, Pune | Godrej Evergreen Square, Pune Gold Winner – Godrej Avenue Eleven, MMR | Godrej Horizon, MMR | Godrej Meridien, Gurugram | Godrej Nature Plus, Gurugram | Godrej Aristocrat, Gurugram | Godrej Skyline, Pune | Godrej Hillside-3, Pune | Godrej River Royale, Pune | Godrej Meadows, Pune Silver Winner – Godrej Woods, Bengaluru | Evora Estate, Panipat | Godrej Vrikshya, Gurugram | Godrej Urban Retreat, Pune | Orchard Estate, Nagpur | Godrej Hill Retreat, Pune Recognition – Godrej Zenith, Gurugram | Godrej Tropical Isle, Noida | Godrej Tiara, Bengaluru | Godrej Parksprings, Pune
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Agenda Overview 01 Q2 FY27 Operational Highlights 02 Q2 FY27 Financial Highlights 03 Annexure 04 20 | Godrej Properties | Results Presentation Q1 FY27
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Consolidated financial statements – P&L Particulars Q2 FY27 Q2 FY26 % Change Q1 FY27 % Change H1 FY27 H1 FY26 % Change Total Income 2,575 1,867 38% 1,337 93% 3,912 3,460 13% Adjusted EBITDA 268 630 -57% 557 -52% 825 1,555 -47% EBITDA 171 614 -72% 545 -69% 717 1,529 -53% Profit before tax 98 566 -83% 480 -79% 578 1,427 -59% Net Profit after tax 154 405 -62% 350 -56% 504 1,005 -50% Notes: Total Income = Sales & Operating Income + Other Income + Share of profit/loss in Joint Venture Adjusted EBITDA = EBITDA + interest included in cost of sale EBITDA = PBT (before exceptional items) + Interest + Depreciation + Share of profit in Joint Venture PBT = PBT (before exceptional items) + share of profit in Joint Venture PAT = Net profit after minority interest Note: All Numbers as per Ind AS (INR Crores) Total Income for Q2 FY27 Particulars INR Cr Mahalunge, Pune 1,589 Godrej South Estate, NCR 32 Godrej Reserve, MMR 31 Maanhinje, Pune 25 Godrej Splendour, Bengaluru 22 Evora Estate, Panipat 17 Others 219 Interest and other Income 637 Profit & Loss from Joint Venture 3 Total Income 2,575 Profit & Loss from Joint Ventures with Structuring Income Particulars INR Crs Profit & Loss for Joint Ventures as reported in P&L 3 Add: Structuring Income DM Fees from Joint Venture Projects 7 Net Interest Income from Joint Ventures Projects 59 Profit & Loss for Joint Ventures including Structuring Income 69 28 | Godrej Properties | Results Presentation Q2 FY27
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Cashflow statement (INR Crores) Notes Particulars Q2 FY27 H1 FY27 A Operating cashflow Total operating cash inflow1 5,884 10,882 Operating cash outflow Construction & related outflow -2,121 -4,365 Other project related outflow -2,179 -4,534 Total operating cash outflow -4,300 -8,899 Net operating cashflow 1,584 1,983 B Financial cashflow Interest, Corporate Taxes & Other Outflow -646 -893 Dividend -301 -301 Net financial cashflow -947 -1,194 C Capital cashflow Land, approval & capital outflow -1,501 -2,712 Advance to JV Partners 5 -130 Net capital cashflow -1,496 -2,842 (A+B+C) Net cashflow -859 -2,053 D Adjustment for JV projects2 105 103 (A+B+C+D) Total net GPL cashflow -754 -1,949 E Ind AS Adjustments 483 455 (A+B+C+D+E) (Increase) / Decrease in Net Debt under Ind AS -271 -1,494 Notes: 1. Total operating cash inflow includes gross collection for DM projects and Other project related outflow includes JVP share of collection for DM projects | 2. Adjustment for JV projects represents mainly timing difference in cash collection from customers in respective project SPV and pending transfer to GPL due to non-Availability of RERA Limits and restrictions in respective agreements with JV partners whereby GPL cannot withdraw cash till particular milestones are achieved. 29 | Godrej Properties | Results Presentation Q2 FY27
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Consolidated Balance Sheet (INR Crores) SN Particulars As on 30.09.2026 As on 31.03.2026 A ASSETS Unaudited Audited 1 Non-current Assets a Property, Plant and Equipment 1,413.57 1,280.73 b Right-of-Use Asset 256.76 263.32 c Capital Work-In-Progress 138.65 169.40 d Investment Property 145.75 150.51 e Goodwill on consolidation 0.07 0.07 f Other Intangible assets 12.38 13.72 g Intangible Assets under Development 3.30 2.61 h Equity accounted investees 853.42 625.62 i Financial Assets Other Investments 2,016.60 2,000.83 Trade Receivables 63.55 73.91 Loans 117.47 127.72 Other Non-Current Financial Assets 337.87 717.07 j Deferred Tax Assets (Net) 359.76 304.61 k Income Tax Assets (Net) 446.03 335.28 l Other Non-Current Non Financial Assets 8.75 10.75 Total Non-Current Assets 6,173.93 6,076.15 2 Current Assets a Inventories 64,625.83 57,806.91 b Financial Assets Investments 5,359.44 2,884.23 Trade Receivables 466.17 554.07 Cash and Cash Equivalents 1,626.65 1,860.74 Bank Balances Other than Above 4,648.70 3,857.08 Loans 2,161.01 2,108.35 Other Current Financial Assets 2,036.18 1,538.03 c Other Current Non Financial Assets 5,915.57 5,208.87 Total Current Assets 86,839.55 75,818.28 Total Assets 93,013.48 81,894.43 SN Particulars As on 30.09.2026 As on 31.03.2026 B Equity and Liabilities Unaudited Audited 1 Equity a Equity share capital 150.61 150.60 b Other equity 19,207.97 19,004.94 c Non-controlling interest 193.64 199.35 Total Equity 19,552.22 19,354.89 2 Liabilities 2.1 Non Current Liabilities a Financial Liabilities Borrowings 2,250.00 2,250.00 Lease Liabilities 234.18 234.74 Other Non - Current Financial Liabilities 22.44 17.04 b Provisions 76.04 70.62 c Deferred Tax Liabilities (Net) 558.88 442.03 Total Non-Current Liabilities 3,141.54 3,014.43 2.2 Current Liabilities a Financial Liabilities Borrowings 17,495.56 13,364.87 Lease Liabilities 46.21 44.48 Trade payables Total Outstanding Dues of Micro and Small Enterprises 931.47 1,002.74 Total Outstanding Dues of Creditors other than Micro and Small Enterprises 4,955.66 4,896.94 Other Current Financial Liabilities 803.21 951.26 b Other Current Non Financial Liabilities 45,907.87 39,087.42 c Provisions 115.89 51.63 d Current Tax Liabilities (Net) 63.85 125.77 Total Current Liabilities 70,319.72 59,525.11 Total Liabilities 73,461.26 62,539.54 Total Equity and Liabilities 93,013.48 81,894.43 (INR Crores) 30 | Godrej Properties | Results Presentation Q2 FY27
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Financial Analysis Profitability Indicators Particulars Q2 FY27 Q2 FY26 Q1 FY27 H1 FY27 H1 FY26 Adjusted EBITDA / Total Income % 10.4% 33.7% 41.7% 21.1% 44.9% EBITDA / Total Income % 6.6% 32.9% 40.8% 18.3% 44.2% PBT Margin % 3.8% 30.3% 35.9% 14.8% 41.2% Net Profit Margin % 6.0% 21.7% 26.2% 12.9% 29.1% Particulars As on 30th Sep 2026 As on 30th Jun 2026 As on 31st Mar 2026 Net Debt (INR Cr) 7,908 7,637 6,414 Networth (INR Cr) 19,359 19,505 19,156 Net Debt / Equity Ratio 0.41 0.39 0.33 Average Borrowing Cost (YTD) 7.25% 7.15% 7.05% Leverage Indicators Note: All Numbers as per Ind AS 31 | Godrej Properties | Results Presentation Q2 FY27
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Agenda Overview 01 Q2 FY27 Operational Highlights 02 Q2 FY27 Financial Highlights 03 Annexure 04 25 | Godrej Properties | Results Presentation Q1 FY27
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A. Residential Projects – Mumbai Zone 33 | Godrej Properties | Results Presentation Q2 FY27 As on 30th Sep 2026 SN Project Name Location Business Model Accounting Method Total Estimated Saleable Area (mn sq ft) GPL Share Area (mn sq ft) PTD Area Launched (mn sq ft) PTD Area Sold (mn sq ft) PTD Booking Value (INR Cr) PTD Collection (INR Cr) PTD OC Received (mn sq ft) 1 Godrej Emerald Mumbai Revenue Based – 64% (GPL holds 20% equity in the project specific company) Equity Method 1.32 1.32 1.32 1.30 1,159 1,127 1.32 2 Godrej Nurture Mumbai 100% owned project Line by Line Consolidation 1.27 1.27 0.86 0.44 702 234 - 3 Godrej Vihaa Mumbai DM Fee – 10% of Revenue Accrual Method 1.30 1.30 0.74 0.73 285 265 0.34 4 Godrej City Mumbai Profit Based – 71.07% Line by Line Consolidation 10.25 10.25 7.08 5.90 4,108 2,404 2.00 5 Godrej Golfside Estate Mumbai 100% owned project Line by Line Consolidation 0.41 0.41 0.41 0.40 340 317 0.41 6 Godrej Vistas Mumbai DM Fee – 10% of Revenue Accrual Method 0.62 0.62 0.62 0.57 1,363 814 - 7 G&B, Vikhroli Mumbai DM Fee – 10% of Revenue Accrual Method 1.20 1.20 - - - - - 8 Godrej Tranquil Mumbai DM Fee – 11% of Revenue Accrual Method 1.58 1.58 1.29 1.20 1,656 1,255 0.94 9 Godrej Edenwoods Mumbai Profit Based – 50% (from 85% of revenue for this project) Equity Method 0.03 0.03 0.03 - - - - 10 Bandra Mumbai Revenue Based – 60% Line by Line Consolidation 1.07 1.07 - - - - - 11 Godrej Bayview Mumbai Profit Share–60%; SPV to construct space for society in lieu of saleable area Equity Method 0.56 0.56 0.56 0.36 728 350 - 12 Godrej Exquisite Mumbai GPL holds 20% equity in the project specific company Equity Method 0.79 0.79 0.79 0.73 868 655 0.03 13 Godrej RKS Mumbai 100% owned project Line by Line Consolidation 0.38 0.38 0.38 0.37 944 848 0.38 14 Godrej Nirvaan Mumbai Profit Share - 50% Equity Method 2.84 2.42 1.45 1.33 906 722 1.43 15 Taloja Mumbai Profit Share - 55% Equity Method 7.50 7.50 - - - - - 16 Godrej Ascend Mumbai 100% owned project Line by Line Consolidation 1.68 1.65 1.65 1.43 1,691 1,078 0.01 17 Godrej Trilogy Mumbai Area Share - 73% Line by Line Consolidation 1.50 1.10 0.81 0.61 3,603 703 - 18 Godrej Five Gardens Mumbai GPL to construct space for society in lieu of saleable area Line by Line Consolidation 0.19 0.18 0.18 0.11 459 349 - 19 Godrej Riviera Mumbai 100% owned project Line by Line Consolidation 2.74 2.69 0.60 0.59 432 196 - 20 Godrej Eternal Palms Mumbai 100% owned project Line by Line Consolidation 0.45 0.45 0.45 0.33 691 207 - 21 Godrej Horizon Mumbai GPL to construct space for society in lieu of saleable area Line by Line Consolidation 1.73 1.70 1.70 1.37 3,204 2,229 - 22 Godrej Carmichael Mumbai 100% owned project Line by Line Consolidation 0.12 0.12 0.09 0.04 434 217 - 23 Godrej Country Estate, Palghar Mumbai 100% owned project Line by Line Consolidation 1.09 1.09 1.09 0.21 72 66 1.09 24 Godrej Reserve Mumbai 100% owned project Line by Line Consolidation 3.88 3.88 3.24 3.14 6,207 3,193 0.06 25 Godrej Avenue Eleven* Mumbai GPL owns 50% of equity in the project specific company Line by Line Consolidation 0.89 0.89 0.89 0.78 2,543 1,679 - 26 Godrej Hillview Estate Mumbai 100% owned project Line by Line Consolidation 1.79 1.79 1.79 1.77 705 693 1.79 27 Godrej Sky Terraces Mumbai 100% owned project Line by Line Consolidation 0.21 0.21 0.21 0.19 550 401 - 28 Godrej Woodside Estate Mumbai 100% owned project Line by Line Consolidation 1.76 1.76 1.76 1.68 743 692 1.76 29 Godrej Varanya (Kharghar) Mumbai 100% owned project Line by Line Consolidation 1.97 1.97 1.10 0.47 813 151 - 30 Godrej Skyshore Mumbai Revenue Share - 84% for ~86% of area Line by Line Consolidation 0.52 0.45 0.45 0.26 829 275 - 31 Thane Mumbai Revenue share - 74.5% Line by Line Consolidation 4.00 4.00 - - - - - 32 Marine Lines Mumbai Revenue Share - 86.4% for ~88.7% of saleable area (95% equity in the project) Equity Method 1.10 0.98 - - - - - 33 Godrej Greenview Estate Indore 100% owned project Line by Line Consolidation 1.16 1.16 1.16 1.00 512 373 1.16 34 Verdania Estate Indore 100% owned project Line by Line Consolidation 0.62 0.62 0.42 0.26 213 146 0.62 Total Mumbai Zone 58.53 57.39 33.12 27.59 36,761 21,641 13.33 *Total estimated saleable area represents GPL share of balance area to be sold
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A. Residential Projects – North Zone 34 | Godrej Properties | Results Presentation Q2 FY27 As on 30th Sep 2026 SN Project Name Location Business Model Accounting Method Total Estimated Saleable Area (mn sq ft) GPL Share Area (mn sq ft) PTD Area Launched (mn sq ft) PTD Area Sold (mn sq ft) PTD Booking Value (INR Cr) PTD Collection (INR Cr) PTD OC Received (mn sq ft) 1 Godrej 101 Gurugram Revenue Based – 66.66% Line by Line Consolidation 1.03 1.03 1.03 1.02 824 553 0.63 2 Godrej Icon Gurugram 100% owned project Line by Line Consolidation 0.80 0.80 0.68 0.66 457 449 0.66 3 Godrej Nature+ Gurugram 100% owned project Line by Line Consolidation 1.75 1.75 1.75 1.75 1,120 697 0.39 4 Godrej Air Gurugram 100% owned project Line by Line Consolidation 0.99 0.99 0.99 0.98 578 491 0.99 5 Godrej Meridien Gurugram GPL owns 20% equity in project specific company Equity Method 1.52 1.52 1.52 1.51 1,361 1,341 1.20 6 Godrej Habitat Gurugram Revenue Share – 95% Line by Line Consolidation 0.77 0.77 0.77 0.76 467 252 0.32 7 Godrej Zenith Gurugram 100% owned project Line by Line Consolidation 2.90 2.90 2.90 2.84 4,179 2,080 - 8 Godrej Aristocrat Gurugram 100% owned project, 2.4% area share to landowner Line by Line Consolidation 1.71 1.67 1.67 1.58 3,152 1,522 - 9 Godrej Vrikshya Gurugram 100% owned project Line by Line Consolidation 1.59 1.59 1.59 1.07 1,860 865 - 10 Godrej Miraya, GCR Gurugram 100% owned project Line by Line Consolidation 0.94 0.94 0.61 0.25 896 341 - 11 Godrej Astra, GCR Gurugram 100% owned project Line by Line Consolidation 0.56 0.56 0.51 0.47 1,477 385 - 12 Godrej Sora, GCR Gurugram 100% owned project Line by Line Consolidation 0.86 0.86 0.66 0.27 819 206 - 13 Godrej Alira Gurugram 100% owned project Line by Line Consolidation 0.37 0.37 0.37 0.12 286 77 - 14 Godrej Samaris, GCR Gurugram 100% owned project Line by Line Consolidation 1.78 1.78 0.93 0.54 1,763 187 - 15 Godrej Verano (Sector 63A) Gurugram 100% owned project Line by Line Consolidation 1.75 1.75 - - - - - 16 Godrej South Estate NCR 100% owned project Line by Line Consolidation 1.01 1.01 0.94 0.83 1,739 1,165 0.71 17 Ashok Vihar NCR 100% owned project Line by Line Consolidation 3.28 3.28 - - - - - 18 Godrej Connaught One NCR DM - 10% of Revenue & Profit Share - 50% Equity Method 0.12 0.12 0.12 0.07 471 225 - 19 Godrej Green Estate Sonipat 100% owned project Line by Line Consolidation 1.00 1.00 1.00 1.00 840 837 1.00 20 Godrej Parkland Estate Kurukshetra 100% owned project Line by Line Consolidation 1.40 1.40 1.40 1.38 628 619 1.40 21 Evora Estate Panipat 100% owned project Line by Line Consolidation 1.02 1.02 0.98 0.95 1,194 609 0.45 22 Godrej Nest Noida DM Fee – 11% of Revenue Accrual Method 2.20 2.20 1.88 1.87 1,155 993 0.86 23 Godrej Palm Retreat Noida DM Fee – 13% of Revenue Accrual Method 1.82 1.82 1.37 1.37 963 922 0.91 24 Godrej Woods Noida Profit Share – 49% Equity Method 2.46 2.46 2.46 2.45 2,907 2,820 2.25 25 Godrej Tropical Isle Noida 100% owned project Line by Line Consolidation 1.62 1.62 1.62 1.61 2,215 1,520 - 26 Godrej Jardinia Noida 100% owned project Line by Line Consolidation 1.62 1.62 1.62 1.60 2,373 1,390 - 27 Godrej Riverine Noida 100% owned project Line by Line Consolidation 1.48 1.48 1.48 1.26 2,794 722 - 28 Noida Sector 151 Noida 100% owned project Line by Line Consolidation 1.09 1.09 - - - - - 29 Godrej Golf Links Gr. Noida Profit Share – 40% Equity Method 4.59 4.59 4.58 4.26 4,127 2,367 3.32 30 Godrej Arden Gr. Noida 100% owned project Line by Line Consolidation 2.16 2.16 1.76 1.27 1,664 452 - 31 Godrej Majesty Gr. Noida 100% owned project Line by Line Consolidation 1.74 1.74 1.50 1.06 1,525 422 - 32 Greater Noida DMIC Gr. Noida 100% owned project Line by Line Consolidation 5.78 5.78 - - - - - Total North Zone 53.70 53.67 38.70 34.82 43,835 24,509 15.09 GPL has given exit to JV partner and increased its stake in Godrej Air to 100% from 37.5% earlier
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A. Residential Projects – South Zone 35 | Godrej Properties | Results Presentation Q2 FY27 As on 30th Sep 2026 SN Project Name Location Business Model Accounting Method Total Estimated Saleable Area (mn sq ft) GPL Share Area (mn sq ft) PTD Area Launched (mn sq ft) PTD Area Sold (mn sq ft) PTD Booking Value (INR Cr) PTD Collection (INR Cr) PTD OC Received (mn sq ft) 1 Godrej MSR City Bengaluru Profit Share – 50% Equity Method 6.32 6.32 4.03 4.01 3,800 1,150 - 2 Godrej Woodland Bengaluru 100% owned project Line by Line Consolidation 1.77 1.77 1.49 1.33 455 406 1.49 3 Godrej Reflections Bengaluru GPL holds 20% equity in the project specific company Equity Method 0.97 0.97 - - - - - 4 Tumkur Road Bengaluru Revenue Based – 78.0% Line by Line Consolidation 0.79 0.79 - - - - - 5 Godrej Ananda Bengaluru DM-4.5% of Revenue & Profit Share- 49% Equity Method 3.29 3.29 3.29 3.23 1,954 1,678 1.66 6 Godrej Park Retreat Bengaluru 100% owned project Line by Line Consolidation 1.66 1.66 1.66 1.66 1,216 1,195 1.66 7 Godrej Splendour Bengaluru 100% owned project; 5.4% area share to landowner Line by Line Consolidation 2.57 2.48 2.08 1.99 1,436 1,233 1.10 8 Godrej Lakeside Orchard Bengaluru 100% owned project Line by Line Consolidation 1.64 1.64 1.64 1.44 1,590 831 - 9 Godrej Vanantara Bengaluru 100% owned project Line by Line Consolidation 3.53 3.53 3.53 3.45 3,765 683 - 10 Godrej Athena Bengaluru 100% owned project Line by Line Consolidation 0.57 0.57 0.57 0.50 704 553 - 11 Godrej Woodscapes Bengaluru 100% owned project; 0.1 msf area share to landowner Line by Line Consolidation 4.43 4.32 4.07 4.03 3,803 1,973 - 12 Godrej Tiara Bengaluru 100% owned project Line by Line Consolidation 0.84 0.84 0.84 0.82 1,344 583 - 13 Godrej Woods Bengaluru 100% owned project Line by Line Consolidation 0.97 0.97 0.97 0.42 546 156 - 14 Godrej Aveline Bengaluru 100% owned project Line by Line Consolidation 1.60 1.60 1.57 1.45 2,412 409 - 15 Godrej Parkshire Bengaluru 100% owned project - ~26% area share to landowner Line by Line Consolidation 1.56 1.16 1.16 0.81 835 285 - 16 Aravya Estate Bengaluru 100% owned project Line by Line Consolidation 1.10 1.10 1.10 1.08 480 276 - 17 Godrej Regent Park (Kada Agrahara)* Bengaluru 100% owned project Line by Line Consolidation 3.56 3.56 0.80 0.46 463 46 - 18 Godrej Florenne (Whitefield) Bengaluru 100% owned project Line by Line Consolidation 1.09 1.06 1.00 0.11 142 7 - 19 Godrej Palm Grove Chennai Area Based – 70% (for 12.57 acres), 68% (for 4.82 acres) Line by Line Consolidation 2.40 2.40 0.65 0.64 264 255 0.65 20 Godrej Azure Chennai 100% owned project Line by Line Consolidation 1.04 1.04 1.04 0.83 464 267 0.47 21 Godrej Sunrise Estate Chennai 100% owned project Line by Line Consolidation 1.55 1.55 1.45 1.04 289 270 1.55 22 Chennai Plotted 2 Chennai 100% owned project Line by Line Consolidation 1.18 1.18 - - - - - 23 Coimbatore Coimbatore 100% owned project Line by Line Consolidation 1.10 1.10 - - - - - 24 Godrej Regal Pavilion Hyderabad 100% owned project Line by Line Consolidation 4.13 4.13 3.29 2.91 2,497 783 - 25 Godrej Madison Avenue Hyderabad 100% owned project with 0.095 msf area share with landowner Line by Line Consolidation 1.25 1.15 0.96 0.91 1,092 325 - 26 Godrej Brooklyn Avenue Hyderabad 100% owned project Line by Line Consolidation 3.06 3.06 2.66 0.84 1,044 129 - 27 Neopolis Hyderabad 100% owned project Line by Line Consolidation 2.55 2.55 - - - - - Total South Zone 56.52 55.78 39.83 33.98 30,595 13,494 8.58 *Total estimated saleable area has increased from 3.06 msf on account of design efficiency
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A. Residential Projects – West-East Zone 36 | Godrej Properties | Results Presentation Q2 FY27 As on 30th Sep 2026 SN Project Name Location Business Model Accounting Method Total Estimated Saleable Area (mn sq ft) GPL Share Area (mn sq ft) PTD Area Launched (mn sq ft) PTD Area Sold (mn sq ft) PTD Booking Value (INR Cr) PTD Collection (INR Cr) PTD OC Received (mn sq ft) 1 Godrej Garden City Ahmedabad Phase I to IV: Area Based – 73.6% Phase V : Revenue Based – 67.6% Phase VI to X - 17% of Revenue Phase XI onwards - 15.6% of Revenue Line by Line Consolidation/ Accrual Method 21.00 19.76 9.02 8.84 3,045 2,798 7.86 2 Vastrapur Ahmedabad 100% owned project Line by Line Consolidation 0.90 0.90 - - - - - 3 Godrej Heritage Estate Vadodara 100% owned project Line by Line Consolidation 0.89 0.89 0.89 0.36 125 85 0.89 4 Greenvale Estate Raipur 100% owned project Line by Line Consolidation 0.95 0.95 0.80 0.64 276 30 - 5 Godrej Seven Kolkata 100% owned project Line by Line Consolidation 2.70 2.70 2.70 2.47 1,225 867 0.96 6 Godrej Prakriti Kolkata 100% Owned Project Line by Line Consolidation 2.95 2.95 2.77 2.77 989 985 2.34 7 Godrej Blue Kolkata 100% owned project Line by Line Consolidation 1.00 1.00 1.00 0.83 1,161 453 - 8 Godrej Zen Estates Kolkata 100% owned project Line by Line Consolidation 1.33 1.33 1.33 0.19 68 27 0.75 9 EM Bypass Kolkata 100% owned project Line by Line Consolidation 1.03 1.03 - - - - - 10 Godrej Orchard Estate Nagpur 100% owned project Line by Line Consolidation 1.47 1.47 1.47 1.41 605 587 1.47 11 Godrej Forest Estate Nagpur Profit Share - 40% for 89.75% of area Line by Line Consolidation 2.48 2.23 2.23 2.22 781 746 2.48 12 Rivershore Estate (Nagpur 3) Nagpur 100% owned project Line by Line Consolidation 1.72 1.72 1.54 0.69 310 36 - 13 Godrej Infinity/ Rejuve/ Aqua Vista (Keshavnagar) Pune Profit Share – 58.64% Equity Method 3.94 3.94 2.79 2.40 1,525 1,333 2.08 14 Godrej Greens Pune Profit Share – 40% Line by Line Consolidation 1.05 1.05 0.88 0.87 399 405 0.88 15 Godrej Park Greens (Mamurdi) Pune 100% owned project Line by Line Consolidation 4.18 4.18 3.88 3.67 2,091 1,540 1.69 16 MaanHinje Pune 100% owned project (99% Equity in project SPV) Line by Line Consolidation 7.59 7.59 6.35 5.16 4,335 2,207 0.41 17 Manjari Pune 100% owned project (99% Equity in project SPV) Line by Line Consolidation 4.27 4.27 3.99 3.26 2,176 1,616 1.32 18 Mahalunge Pune 100% owned project (99% Equity in project SPV) Line by Line Consolidation 6.38 6.38 6.38 5.73 4,006 3,417 4.47 19 Godrej Emerald Waters Pune 100% owned project Line by Line Consolidation 1.47 1.47 1.47 1.21 1,220 714 0.08 20 Godrej Elaris Pune 100% owned project Line by Line Consolidation 2.02 2.02 1.37 0.75 905 198 - 21 Godrej Skyline Pune 100% owned project with 0.05 msf area share with landowner Line by Line Consolidation 0.79 0.74 0.62 0.38 627 218 - 22 Godrej Evergreen Square Pune 100% owned project Line by Line Consolidation 2.40 2.40 2.40 1.93 1,648 607 - 23 Godrej Ivara Pune 100% owned project Line by Line Consolidation 3.70 3.70 1.60 0.82 876 98 - 24 Kharadi 2 Pune 100% owned project (99% Equity in project SPV) Line by Line Consolidation 2.52 2.52 - - - - - 25 Mahalunge 2 Pune 100% owned project Line by Line Consolidation 2.13 2.13 - - - - - Total West East Zone 80.86 79.32 55.48 46.60 28,393 18,967 27.68 Total Residential Projects 249.60 246.16 167.13 142.99 1,39,584 78,610 64.68
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B. Commercial Projects SN Project Name Location Business Model Accounting Method As on 30th Sep 2026 Estimated Saleable Area (mn sq ft) GPL Share Area (mn sq ft) PTD Area Launch (mn sq ft) PTD Area Sold (mn sq ft) PTD Booking Value (INR Cr) PTD Collection Received (INR Cr) PTD OC Received (mn sq ft) 1 Godrej Garden City* Ahmedabad Phase I to IV: Area Based – 73.6% Phase V : Revenue Based – 67.6% Phase VI onwards - 17% of Revenue Line by Line Consolidation/ Accrual Method 2.40 2.40 - - - - - 2 Godrej Eternia Chandigarh Revenue Based – 70.79% Line by Line Consolidation 0.51 0.51 0.51 0.42 355 272 0.51 3 Godrej Genesis Pune Revenue Based 58% Line by Line Consolidation 0.48 0.48 - - - - - Total Commercial Projects (Build to Sale) 3.39 3.39 0.51 0.42 355 272 0.51 i. Commercial Projects (Build to Sale) *Primarily a residential project with a portion of commercial saleable area. GPL has given exit to JV partners and increased its stake in Godrej Eternia to 70.79% from 54% earlier ii. Commercial Projects (Build to Lease) SN Project Name Location Business Model Accounting Method Estimated Leasable Area (mn sq ft) PTD Area Leased (mn sq ft)* Average Lease Rent (per sq ft) OC Received (mn sq ft) 1 Hebbal Bangalore GPL holds 17.5% equity in project specific company Investment accounting 0.76 0.74 92 0.76 2 Indira Nagar Bangalore GPL holds 17.5% equity in project specific company Investment accounting 1.08 1.04 162 1.08 3 Hudson Circle Bangalore GPL holds 20% equity in project specific company Investment accounting 0.48 - - - 4 Godrej Two Mumbai GPL holds 45% equity in project specific company Investment accounting 1.24 1.24 187 1.24 5 Golf Course Road Gurugram GPL owns 9.5% of equity in project specific company Investment accounting 1.12 0.72 180 1.12 6 Koregaon Park Pune GPL holds 17.5% equity in project specific company Investment accounting 1.66 0.62 100 1.66 7 Yerwada Pune GPL holds 20% equity in project specific company Equity Method 0.99 0.21 115 - Total Commercial Projects (Build to Lease) 7.32 4.56 150 5.85 *Including LOIs iii. Commercial Projects (Build to Operate) SN Project Name Location Business Model Accounting Method Estimated Area (mn sq ft) OC Received (mn sq ft) 1 The Trees - Hotel Mumbai 100% owned project Line by Line Consolidation 0.34 0.34 Total Commercial Projects (Build to Operate) 0.34 0.34 37 | Godrej Properties | Results Presentation Q2 FY27
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Thank You For further information, please contact: Investor Relations Dept, Godrej Properties Limited Email: GPL.IR@godrejproperties.com