Who are Godrej Properties's main competitors?

Named competitors: Macrotech Developers (Lodha) (LODHA.NS), DLF (DLF.NS), Prestige Estates Projects (PRESTIGE.NS), Oberoi Realty (OBEROIRLTY.NS). The cockpit's measured peer set (industry) also includes Shanghai Zhangjiang Hi-Tech Park Development (600895.SS), Tokyu Fudosan Holdings Corporat (3289.T), Castellum (CAST.ST), China Vanke (000002.SZ), NEPI Rockcastle (NRP.AS), Tsim Sha Tsui Properties (0247.HK).

Is Godrej Properties expensive compared with its peers?

On forward p/e it trades at 24.5× against a peer median of 14.0×, 4th most expensive of 18 in its peer set.

How has Godrej Properties stock performed?

Over six months to 6 Nov 2026 the shares returned -3.7% against -7.1% for the median peer; over one year -21.3%.

← CockpitCompetitor Analysis › GODREJPROP.NS Godrej PropertiesOpen in the cockpit ↗

Godrej PropertiesGODREJPROP.NSCompetitor analysis, valuation and peers

India · INR·Realty›Real Estate Development

Real-estate arm of the Godrej conglomerate, building residential and commercial projects across Indian cities via asset-light joint development.

≈ India's brand-led, capital-light homebuilderMomentum neutral 55

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$5.77B

US dollars, full cap

Free float

42%

of shares outstanding

$/day

$12.1M

20-day average traded

Fwd P/E

24.5×

forward earnings

ROIC−WACC

n/a

WACC 18.7%

Hurdle

n/a

no reverse DCF

Next earnings

90 days

4 Feb 2027

Close · INR₹1,809

1D-0.3%

1W+15.4%

1M+14.5%

3M-13.1%

6M-3.7%

YTD-9.7%

1Y-21.3%

ATR %3.3%

Beta1.79

52w lowhigh22.6% off high

What Godrej Properties does

Real-estate arm of the Godrej conglomerate, building residential and commercial projects across Indian cities via asset-light joint development.

Sells apartments and plots to homebuyers, often before completion, and frequently pays landowners with a share of sales instead of buying the land outright, which saves capital. Mumbai, the Delhi region and Bengaluru are its main markets. The Godrej family group is the controlling shareholder.

In one line: India's brand-led, capital-light homebuilder.

Products and services

Residential projects
Commercial/office projects
Township/plotted development

Customers

Homebuyers across India
Landowners (JV partners)
Office tenants

Where it sits in the supply chain

Real estate
Residential + commercial development
Asset-light joint development/JVs with…

What could go right

Pan-India housing demand
Faster project launches via JV model

What could go wrong

Real estate cycle sensitivity
JV/land-owner execution risk

Moat: narrow (brand, distribution). Trusted Godrej brand plus a capital-light land-JV model that scales faster than balance-sheet-heavy peers.

Headquarters: Mumbai, India · Founded: 1990 · Employees: 7,669

Named competitors

Godrej Properties at a glance

Size Godrej Properties (GODREJPROP.NS) is an India Real Estate company (Real Estate Development) with a market value of $5.77B, the 193rd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,809 on 6 Nov 2026.

Performance Over six months the shares fell 3.7%, against -7.1% for the median peer and 0.0% for the India market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 16.9% over the last twelve months (peer median +6.2%); the operating margin is 20.7% (peer median 25.3%).

Valuation It trades at 24.5× forward earnings against a peer median of 14.0× (4th most expensive of 18).

Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Godrej Properties against the median of its 20 peers (local-currency closes).

Godrej Properties financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹87.6B	₹51.3B	₹49.2B	₹30.4B	₹22.5B
Revenue growth	—	+4%	+62%	+35%	—
Gross profit	₹46.2B	₹19.4B	₹18.1B	₹10.5B	₹9.06B
EBITDA	₹19.5B	-₹3.91B	₹593M	-₹1.18B	₹2.57B
Net income	₹13.5B	₹18.5B	₹14.0B	₹7.25B	₹5.71B
Free cash flow	n/a	-₹32.3B	-₹32.7B	-₹19.9B	-₹32.8B
Capital expenditure	n/a	₹4.06B	₹2.12B	₹6.95B	₹3.06B
Total debt	₹200B	₹157B	₹124B	₹105B	₹63.8B

Quarterly statements and history in the cockpit →

Godrej Properties competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Godrej Properties is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Godrej Properties is the large dot.

Godrej Properties competitors and peer comparison

Head to head with its named competitors (GODREJPROP.NS vs LODHA.NS vs DLF.NS vs PRESTIGE.NS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Godrej Properties GODREJPROP.NS	$5.77B	-4%	+17%	21%	24.5×	n/a
Lodha Developers LODHA.NS	$12.5B	+22%	+21%	31%	27.0×	n/a
DLF DLF.NS	$19.7B	+22%	-29%	13%	38.3×	n/a
Prestige Estates Projects PRESTIGE.NS	$7.42B	+10%	+66%	24%	38.5×	n/a
Oberoi Realty OBEROIRLTY.NS	$6.66B	+4%	+16%	57%	20.0×	n/a

How Godrej Properties compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Godrej Properties against its 20 peers (data as of 6 Nov 2026)
Measure	GODREJPROP.NS	Peer median	Rank in peer set
1-month return	+14.5%	+4.8%	4th highest of 21
6-month return	-3.7%	-7.1%	10th highest of 21
Distance from 52-week high	-22.6%	-22.1%	11th highest of 21
Revenue growth (TTM)	+16.9%	+6.2%	7th highest of 21
Operating margin	20.7%	25.3%	8th lowest of 21
Forward P/E	24.5×	14.0×	4th most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Godrej Properties GODREJPROP.NS	India	$5.77B	-4%	+17%	21%	24.5×	n/a	n/a
Shanghai Zhangjiang Hi-Tech Park Development 600895.SS	China	$5.71B	-33%	+89%	26%	36.4×	n/a	n/a
Tokyu Fudosan Holdings Corporat 3289.T	Japan	$5.69B	-7%	+6%	14%	8.6×	n/a	n/a
Castellum CAST.ST	Sweden	$5.94B	+10%	-3%	67%	16.1×	n/a	n/a
China Vanke 000002.SZ	China	$5.36B	-17%	-32%	-24%	n/a	n/a	n/a
NEPI Rockcastle NRP.AS	Netherlands	$6.34B	+9%	+20%	62%	12.1×	n/a	n/a
Tsim Sha Tsui Properties 0247.HK	Hong Kong	$5.24B	-20%	+15%	34%	n/a	n/a	n/a
UOL U14.SI	Singapore	$5.23B	-23%	+2%	25%	13.8×	n/a	n/a
Fastighets AB Balder BALD-B.ST	Sweden	$6.43B	-2%	+4%	66%	12.2×	n/a	n/a
Nomura Real Estate 3231.T	Japan	$5.17B	-12%	+19%	14%	8.8×	n/a	n/a
FirstService FSV.TO	Canada	$6.46B	+18%	+3%	6%	23.6×	n/a	n/a
City Developments C09.SI	Singapore	$5.13B	-11%	+36%	14%	14.1×	n/a	n/a
Oberoi Realty OBEROIRLTY.NS	India	$6.66B	+4%	+16%	57%	20.0×	n/a	n/a
Cpi Property O5G.DE	Germany	$6.85B	-1%	-8%	41%	n/a	n/a	n/a
Shanghai Lujiazui Finance & Trade Zone Development 600663.SS	China	$4.81B	-10%	-21%	21%	14.0×	n/a	n/a
AB Sagax SAGA-A.ST	Sweden	$6.96B	+5%	+5%	78%	15.7×	n/a	n/a
Deutsche Wohnen DWNI.DE	Germany	$7.05B	-20%	0%	48%	11.0×	n/a	n/a
Daito Trust Construction 1878.T	Japan	$7.10B	-7%	+6%	7%	9.7×	n/a	n/a
Howard Hughes HHH	United States	$4.64B	+18%	+32%	15%	29.6×	n/a	n/a
Prestige Estates Projects PRESTIGE.NS	India	$7.42B	+10%	+66%	24%	38.5×	n/a	n/a
Ctp CTPNV.AS	Netherlands	$7.43B	-18%	+12%	67%	13.0×	n/a	n/a

Questions

Who are Godrej Properties's main competitors?: Named competitors: Macrotech Developers (Lodha) (LODHA.NS), DLF (DLF.NS), Prestige Estates Projects (PRESTIGE.NS), Oberoi Realty (OBEROIRLTY.NS). The cockpit's measured peer set (industry) also includes Shanghai Zhangjiang Hi-Tech Park Development (600895.SS), Tokyu Fudosan Holdings Corporat (3289.T), Castellum (CAST.ST), China Vanke (000002.SZ), NEPI Rockcastle (NRP.AS), Tsim Sha Tsui Properties (0247.HK).
Is Godrej Properties expensive compared with its peers?: On forward p/e it trades at 24.5× against a peer median of 14.0×, 4th most expensive of 18 in its peer set.
How has Godrej Properties stock performed?: Over six months to 6 Nov 2026 the shares returned -3.7% against -7.1% for the median peer; over one year -21.3%.