Stockrabit · Analysts
Questions across 4 calls

Mohit Agrawal

IIFL

Godrej Properties Limited

Godrej Properties Limited CC-Nov25.pdf · 2025-11-06
Yes. Thanks for the opportunity and congratulations on good set of bookings. So, it's heartening to see a comeback of the ROE target of 20%. Just wanted two clarifications. Firstly, is this target irrespective of the capital base in FY ‘28? So, that's the first question. Secondly, you're basically committing yourself to deliver INR4,000 crores, INR4.500 crores of PAT by FY ‘28. So, how will it be kind of evenly spread between now and FY ‘28 or will we see a step jump in profitability in one of the years?
And for the…
Godrej Properties Limited CC-Jun24.pdf · 2024-07-31
So my question is given that you have such a large scale now, why would collections on a quarterly basis, customer collections continue to remain volatile, especially fourth quarter seeing a sharp jump and then the next quarter, we see normalization? My as sumption was that with such large volume of ongoing projects, shouldn't collections be more like a stable number with kind of a more predictable growth and some impact obviously coming in from launches or completions. So just love to have your thoughts there?
Okay. Understood. My second question is on business development. Should we now understand that essentially you are looking to add projects to replenish your sales plus a growth element or are you still looking to build a pipeline? So in which case, it could be substantially higher than -- while we know your guidance, but it could still be much higher than that if you get opportunity or are you just now looking at replenishing your sales and then looking at a growth number on that? So yes. So -- and in that context, how do we see land spend also stabilizing basically to 10% to 15% of that BD target?

Lodha Developers Limited