Godrej Properties has been making waves in the stock market. With a strong reputation for delivering quality projects and a focus on sustainability, the company’s share price has been steadily increasing. As investors look towards the future, the question on everyone’s mind is “what is the Godrej Properties share price target for 2023 to 2030?”
In this article, we will explore this question in detail and analyze whether Godrej Properties is a good auto stock to buy. Additionally, with the recent announcement of Godrej Properties and Neelkamal Realators joining hands for a project in Mumbai in FY23, the future looks even brighter for the company.
About the Company
Godrej Properties Ltd is a real estate development company based in India. The company was established in 1990 and is a part of the Godrej Group. It is one of the largest real estate companies in India and has developed projects in 12 cities across the country. The company focuses on creating residential, commercial, and retail properties that are designed to meet the needs of modern-day living. Godrej Properties Ltd also has a presence in international markets, with projects in Dubai and London. The company is committed to creating innovative and sustainable projects that combine modern design with green technologies.
Stock history of Godrej Properties Ltd
Godrej Properties Ltd shares have been publicly traded on the National Stock Exchange (NSE) since 2007. The stock has seen a steady rise since its listing and has outperformed the benchmark Nifty 500 index over the past decade.
In July 2020, the stock reached its highest price of Rs 1,594.50, reflecting a growth of more than 1000% since its listing. Since then, the stock has seen some volatility but has remained in the range of Rs 1,200-1,650. The stock is currently trading at Rs 1,239.10.
Godrej Properties Ltd has been able to sustain its growth due to its strong focus on execution and innovation. The company has a strong presence in the Indian real estate market, backed by a strong management team, efficient operations, and a strong track record of project completion. Investors have been bullish on the stock, due to its attractive valuation and potential for future growth.
Latest news about Godrej Properties Ltd
- Godrej Properties’ Q1 results show a significant three-fold increase in profit, reaching Rs 125 crore. However, the company’s sale bookings have experienced an 11% decline during the same period.
- In Q1FY24, Godrej Properties reported a net profit of Rs 121 crore, accompanied by a notable 44% increase in revenue.
- Godrej Properties witnessed a surge in consolidated profit during fiscal Q1; however, the company’s shares experienced a 6% drop.
- Attention on Godrej Properties shares intensifies as the real estate company acquires a land parcel in Kolkata.
How to buy Godrej Properties Ltd shares?
To buy Godrej Properties Ltd shares, open a Demat account with a broker, deposit funds into your account, search for Godrej Properties Ltd on the broker’s platform, enter the quantity of shares you want to buy, select the order type (market or limit order), review and confirm the order details, and place the order. After the order is executed, the shares will be credited to your Demat account.
You can buy shares from the following trading platforms:
| Zerodha | Click here |
| Upstox | Click here |
| Groww | Click here |
| AngelOne | Click here |
| ICICIDirect | Click here |
Share Price Prediction of Godrej Properties Ltd: 2023 to 2030
Share Price Target 2023 of Godrej Properties Ltd is ₹1,695.68
| When | Maximum Price | Minimum Price |
| August 2023 | ₹1,632.00 | ₹1,483.64 |
| September 2023 | ₹1,669.54 | ₹1,517.76 |
| October 2023 | ₹1,620.91 | ₹1,473.55 |
| November 2023 | ₹1,653.33 | ₹1,503.02 |
| December 2023 | ₹1,702.93 | ₹1,548.12 |
The Godrej Properties share price prediction for 2023 indicates a bullish trend with a significant growth percentage. The maximum price was recorded in August 2023 with ₹1,632.00 .
Throughout the year, the share price shows an uptrend, with a consistent increase from October to December. The average share price for the year 2023 was ₹1,702.93 , which represents a growth of 29.7% compared to the minimum price.
These predictions suggest that 2023 could be a good year for Godrej Properties, and the company may continue to see growth in the future.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹1,784.93 | ₹1,373.02 |
| February 2024 | ₹2,005.54 | ₹1,671.28 |
| March 2024 | ₹2,111.10 | ₹1,716.34 |
| April 2024 | ₹1,919.18 | ₹1,476.29 |
| May 2024 | ₹1,599.31 | ₹1,230.24 |
| June 2024 | ₹1,919.18 | ₹1,476.29 |
| July 2024 | ₹1,631.30 | ₹1,264.57 |
| August 2024 | ₹1,794.43 | ₹1,424.15 |
| September 2024 | ₹1,884.15 | ₹1,449.35 |
| October 2024 | ₹2,216.65 | ₹1,705.12 |
| November 2024 | ₹2,327.48 | ₹1,790.37 |
| December 2024 | ₹2,374.03 | ₹1,826.18 |
The Godrej Properties share price target for 2024 shows an even stronger bullish trend with an even higher growth percentage. The maximum price was recorded in October 2024 with ₹2,216.65, an increase of 68.1% from the minimum price in May 2024 at ₹1,599.31.
Throughout the year, the share price continues to show an uptrend, with a consistent increase from January to December. The average share price for the year 2024 was ₹1,978.84, which represents a growth of 45.5% compared to the minimum price. The maximum and minimum share price target for 2024 are ₹2,216.65 and ₹1,599.31 respectively.
These predictions suggest that 2024 could be an even better year for Godrej Properties
Share Price Target 2025 of Godrej Properties Ltd is ₹2,879.74
| When | Maximum Price | Minimum Price |
| January 2025 | ₹2,421.51 | ₹1,862.70 |
| February 2025 | ₹2,548.96 | ₹1,960.74 |
| March 2025 | ₹2,676.41 | ₹2,058.78 |
| April 2025 | ₹2,389.65 | ₹1,838.19 |
| May 2025 | ₹2,172.41 | ₹1,671.08 |
| June 2025 | ₹2,389.65 | ₹1,838.19 |
| July 2025 | ₹2,275.86 | ₹1,750.66 |
| August 2025 | ₹2,370.69 | ₹1,823.60 |
| September 2025 | ₹2,489.22 | ₹1,914.78 |
| October 2025 | ₹2,638.57 | ₹2,029.67 |
| November 2025 | ₹2,823.27 | ₹2,171.75 |
| December 2025 | ₹2,879.74 | ₹2,215.18 |
The maximum price for Godrej was recorded in November 2025 with ₹2,823.27, an increase of 74.3% from the minimum price in May 2025 at ₹2,172.41. Throughout the year, the share price continues to rise, with a consistent increase from January to December.
The average share price for the year 2025 was ₹2,532.12, which represents a growth of 59.2% compared to the minimum price. The maximum and minimum share price target for 2025 are ₹2,823.27 and ₹2,172.41 respectively. These predictions suggest that 2025 could be a fantastic year for Godrej Properties.
Godrej Properties Ltd Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹2,015.82 | ₹1,411.07 |
| 2027 | ₹1,713.44 | ₹1,199.41 |
| 2028 | ₹3,084.20 | ₹2,158.94 |
| 2029 | ₹6,335.43 | ₹4,434.80 |
| 2030 | ₹7,055.36 | ₹4,938.75 |
The Godrej Properties share price target for the years 2026 to 2030 shows a mixed trend. In 2026, the maximum share price target is ₹2,015.82, while the minimum share price target is ₹1,411.07. This represents a significant drop in share price compared to 2025, but the company is expected to bounce back in the following year, with a minimum share price target of ₹1,713.44.
In 2028, the share price is expected to experience a major growth, with a maximum share price target of ₹3,084.20 and a minimum share price target of ₹2,158.94.
The year 2029 and 2030 is expected to bring in even greater growth, with maximum share price targets of ₹6,335.43 and ₹7,055.36 respectively, and minimum share price targets of ₹4,434.80 and ₹4,938.75 respectively.
These projections suggest that investing in Godrej Properties shares in the long term can be a lucrative decision.
Financial Condition of Godrej Properties Ltd: Last 5 years
| Godrej Properties Financial Condition |
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales (Rs. Crores) | 2,817 | 2,441 | 765 | 1,825 | 2,252 |
| Expenses (Rs. Crores) | 2,639 | 2,181 | 1,214 | 1,880 | 2,045 |
| Operating Profit (Rs. Crores) | 178 | 260 | -449 | -56 | 207 |
| Operating Profit Margin (%) | 6% | 11% | -59% | -3% | 9% |
| Profit Before Tax (Rs. Crores) | 348 | -86 | 516 | 795 | 942 |
| Tax (%) | 27% | -121% | 32% | 22% | 25% |
| Net Profit (Rs. Crores) | 253 | 274 | -189 | 351 | 706 |
| EPS (Rs) | 11.04 | 10.73 | -6.81 | 12.68 | 25.53 |
Godrej Properties’ sales trajectory has demonstrated variability over the past five years. From March 2019 to March 2020, sales rose from Rs. 2,817 crore to Rs. 2,441 crore, followed by a notable decline to Rs. 765 crore in March 2021. However, a rebound occurred, with sales recovering to Rs. 1,825 crore in March 2022 and further ascending to Rs. 2,252 crore in March 2023. The company’s capacity to maintain consistent sales expansion necessitates careful scrutiny.
Regarding operating profit, Godrej Properties has exhibited a mixed performance. It recorded an operating profit of Rs. 178 crore in March 2019, which escalated to Rs. 260 crore in March 2020. Yet, a significant downturn transpired, resulting in an operating loss of Rs. 449 crore in March 2021. However, the company managed to ameliorate the situation, curbing the loss to Rs. 56 crore in March 2022 and achieving a positive operating profit of Rs. 207 crore in March 2023. The company’s potential to establish a sustainable positive operating profit necessitates evaluation.
Considering profitability, Godrej Properties has experienced volatility. The net profit surged from Rs. 253 crore in March 2019 to Rs. 274 crore in March 2020, followed by a downturn with a net loss of Rs. 189 crore in March 2021. Yet, a turnaround unfolded, culminating in a net profit of Rs. 351 crore in March 2022 and further growth to Rs. 621 crore in March 2023. Scrutinizing the factors behind the intermittent negative profitability is imperative in assessing the company’s long-term profit potential.
Regarding Earnings Per Share (EPS), Godrej Properties’ trend has also been fluctuating. It stood at Rs. 11.04 in March 2019, decreased to Rs. 10.73 in March 2020, plummeted to -6.81 in March 2021, but rebounded to Rs. 12.68 in March 2022. The EPS continued its ascent to Rs. 20.55 in March 2023. Investors should delve into the reasons underlying the instances of negative EPS and evaluate the company’s capacity to generate consistent earnings for shareholders.
FAQS
Will the share price of Godrej Properties Ltd increase in 2023?
Yes, the per share price of Godrej Properties Ltd is expected to rise and reach ₹1,702.93 by the December of 2023.
What is the price prediction for Godrej Properties Ltd for 2030?
Godrej Properties Ltd is expected to see significant growth in the future, driven by their strong presence in the Indian real estate market. With the economy expected to expand significantly over the next decade, Godrej Properties Ltd is likely to benefit from increased demand for residential and commercial properties. As a result, analysts predict that the share price of Godrej Properties Ltd could reach as high as Rs.7,000 by 2030.
Can Godrej reach 1500 INR?
Yes, Godrej can reach 1500 INR in 2023. The maximum it can reach is Rs. 1695 by December 2023.
What is the current market capitalisation of Godrej Properties Ltd?
On the day of writing, the Godrej Properties Ltd share price is trading at ₹1,239.10 with a market capitalisation of 344.50 billion INR.
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Godrej Properties Ltd share price target by experts:
Sharekhan has issued a “buy” recommendation for Godrej Properties Ltd, suggesting investors to consider acquiring the company’s shares with a target price of Rs. 1430.
Motilal Oswal expressed a similar sentiment, advising investors to persist in purchasing Godrej Properties Ltd shares, with a target price of Rs. 1575.(April 2023)
Conclusion
In conclusion, Godrej Properties has shown remarkable growth in the last five years with a steady increase in revenue and profit growth. The company’s performance is reflected in the PAT and the maximum share price which reached ₹7,055.36 in 2030.
With the new joint venture project with Neelkamal Realtors in Mumbai in FY23, the future looks promising for Godrej Properties. Based on the financial performance, it can be assumed that Godrej shares are a good investment option.
However, it is always advisable to keep a close eye on market trends and developments in the real estate industry before making any investment decisions. In light of the growth and potential of Godrej Properties, the share price target of 2023 to 2030 looks positive.
In light of expert opinions, Godrej Properties Ltd’s performance displays a positive outlook. Both Sharekhan and Motilal Oswal have recommended a “buy” stance on the company’s shares, with target prices of Rs. 1430 and Rs. 1575 respectively. These recommendations suggest that experts perceive the company as an appealing investment opportunity. However, prudent consideration of the experts’ views alongside comprehensive market research is essential for making informed investment decisions.
Hello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.
