realty

Godrej Properties

GODREJPROP · Nifty 50

1,788.3

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positionrealty sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score55/100 (ADEQUATE). 2 positive flags, 6 concerns.
Historical Context46 similar technical setups. Average outcome: -12.3% decline. 0% positive.

Fundamental

55/100

ADEQUATE

Trust

95/100

Verification

Coverage

44/100

LIMITED

Quick Take

Godrej Properties scores 55/100 on fundamentals (adequate). Godrej Properties: BROAD EXPANSION regime.

Fundamental Score: 55/100 · ADEQUATE · 2 signals detected

DuPont Analysis

ROE 9.5% broken into three drivers. Each shows how efficiently the company generates returns.

ROE9.5%=
28.1%Net Margin
×
0.1xTurnover
×
4.3xLeverage

ROE of 9.53% is modest leverage-driven and stable. Net margin of 28.1% × asset turnover of 0.08x × leverage of 4.3x.

What This Means

Net margin of 28.1% means the company keeps ₹28.1 as profit for every ₹100 of revenue. This is a healthy margin. Asset turnover of 0.08x means the company generates ₹0.08 of revenue for every ₹1 of assets. This is a capital-heavy business. Leverage of 4.3x means the company uses significant debt. Higher leverage amplifies returns but also risk.

Margin Structure

Gross

44.0%

Operating

41.6%

Net

28.1%

declining

Gross margin 44.0% → operating margin 41.6% → net margin 28.1%. Margins are DECLINING. Check if input costs are rising or competition is pressuring pricing.

Financial Health

Earnings Quality

WEAK

Cash flow only covers -1.1x of net income — earnings quality is WEAK. Profit may not be converting to cash. Check receivables and inventory.

Debt Sustainability

COMFORTABLE

Interest covered 16.8x — very comfortable. Debt service is not a concern. Debt/EBITDA at 5.6x is high — monitor leverage.

Free Cash Flow

STRONG

FCF margin negative at -37.0% — spending more than earning. Check capex cycle.

Peer Comparison

Godrej Properties is compared against 9 peers in the realty sector.

Key Watchpoints

🟢

Breaks above ₹1878 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹1699 (-5%)

Further downside risk

🟢

Realty sector entering leadership

Sector rotation signal

Detected Patterns

➡️ Leverage Slowly Rising: Debt growing faster (25.7%) than equity (10.6%)
⚠️ Low Earnings Quality: Cash flow only -1.1x earnings — weak cash conversion

Risk Flags

🔴 2 Critical⚠️ 4 Warning2 Positive8 total flags
🔴Cash covers only 3% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

🔴Operating cash flow significantly below net income
Cash Flow

OCF is only -1.1x net income. Profit not converting to cash — aggressive accounting possible.

⚠️Non-core revenue is 21% of total
Earnings Quality

Significant income from non-operating sources. Core business may be smaller than it appears.

⚠️84% of debt is short-term
Balance Sheet

High refinancing risk. Company needs to roll over debt frequently. Vulnerable to credit market freezes.

⚠️Working capital changes are 65% of operating cash flow
Cash Flow

Working capital is consuming significant cash. Operational efficiency declining.

⚠️Price/Sales: 10.6x — expensive on revenue basis
Valuation

High revenue multiple. Market pricing in significant growth or margins expansion.

Minimal unusual items — clean earnings
Earnings Quality

Profits are from core operations, not one-offs. High quality.

High promoter holding: 58%
Governance

Strong insider alignment. Promoters have significant skin in the game.

🔴 2 CRITICAL flags — significant concerns. Investigate before investing.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)
Our margin analysis (declining) matches news reports of cost/margin pressure

50 articles scanned for fundamental themes

Facts

P/E Ratio
27.5UNAVAILABLE
P/B Ratio
2.7HIGH
Market Cap
₹5094935.8L CrHIGH
From 52W High
72% of high
Sector Peers
9