23-Oct-2026 12:37:14
GODREJ PROPERTIES Q2: EXPECTS ₹15,000 CR COLLECTIONS & ₹7,000 CR OPERATING CASH FLOW IN H2 FY27; TARGETS 20% ROE IN FY28
• Sustenance Sales: Strong 83% YoY growth to ₹5,054 Cr despite muted headline bookings • Cash Collections: Up 31% YoY to ₹5,318 Cr, reflecting healthy customer payments • Booking Guidance: Achieved 43% of annual booking target in H1 despite launching only one-third of planned annual projects • Launch Pipeline: Management expects significant acceleration in project launches from October onwards • FY27 Outlook: Confident of exceeding full-year guidance across all key operating metrics • H2 FY27 Guidance: Targets ₹15,000 Cr cash collections and ₹7,000 Cr operating cash flow • Cash Flow Outlook: Expects positive free cash flow in H2 FY27 while continuing growth investments • FY28 Profitability: Targets 20% reported ROE and positive free cash flow, supported by project completions and revenue recognition
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