Godrej Properties Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 67980.42 Crore) operating in Real Estate sector.
Godrej Properties Ltd. key Products/Revenue Segments include Income From Real Estate Development, Sale of services, Other Operating Revenue and Lease Rentals for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 334.22 Crore, up 27.57 % from last quarter Total Income of Rs 261.99 Crore and up 33.57 % from last year same quarter Total Income of Rs 250.23 Crore. Company has reported net profit after tax of Rs 79.79 Crore in latest quarter.
Investment Rationale
There is a triple bottom near 2200 which indicates that the stock is now poised for fresh upside.
Promoter/FII Holdings
Promoters held 58.43 per cent stake in the company as of 30-Sep-2021, while FIIs owned 31.36 per cent, DIIs 2.99 per cent.
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