26-Oct-2026 07:58:50
GODREJINDGeneral news
Jefferies on Godrej Prop ; Buy, TP Rs 2550
Steady execution ramp-up is driving a surge in cashflow perf. for Godrej with 2Q collections +31% YoY driving a trebling of Op. CF surplus. Strong launch pipeline near term could drive a guidance beat taking pre-sales growth to 20%+. While reported profitability was weak, management continues to guide for 20% reported ROE and FCF positive financials in FY28. Stock is cheap at 9x FY28 earnings and financial parameter delivery can drive a rerating.
GODREJ INDUSTRIES LTD