GODREJ PROPERTIES SHARE PRICE TARGET 2023, 2024, 2025 TO 2030

As of November 9th, 2023, Godrej Properties is trading at Rs.1,813 with a market cap of Rs. 50,407 Crore. The stock is now in an uptrend and is a good buy for a short-term gain.

Investors are eagerly following Godrej Properties Ltd., a top developer noted for its innovative and sustainable developments, as the Indian real estate market grows at an incredible rate. Many people are curious as to what Godrej Prop’s share price target for 2023 to 2030 is in light of the company’s remarkable financial success in recent years. Is it wise to purchase this stock?

We’ll go deeply into Godrej Prop’s financials, including its revenue and profit growth as well as its potential for future growth, to provide answers to these issues. So, join us as we explore the world of Godrej Prop’s share price goal while you sit back and buckle up.

• Q2 Net Profit: Increased by 22% to Rs 66.80 crore.
• Sales Bookings: More than doubled, reaching Rs 5,034 crore, with the highest-ever quarterly value.
• Total Income: Rose to Rs 605.11 crore in Q2 FY24 from Rs 369.20 crore in the same period last year.
• Collections: Grew by 23% to Rs 2,378 crore in Q2 FY24, contributing to a net operating cash flow of Rs 811 crore.
• Project Deliveries: Godrej Properties delivered around 1.55 million sq. ft. across two markets in Q2 FY24.
• Key Project Success: Godrej Tropical Isle in Noida achieved Rs 2,016 crore in sales bookings, making it the most successful launch.
• Outlook: The company remains confident in exceeding its FY24 bookings target of Rs 14,000 crore and achieving the best-ever cash collections and project deliveries.

How to purchase Godrej Properties shares?

Below are the trading platforms that you can use to purchase Godrej Properties Ltd shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Godrej Properties Share Price Prediction: 2023 To 2030

Godrej Properties Share Price Target 2023

In the volatile landscape of real estate, Godrej Properties demonstrates a promising outlook for its share prices in the closing months of 2023. Projections indicate a maximum price of ₹2,022.66 and a minimum of ₹1,702.64 in November, with a subsequent rise to ₹2,022.66 and ₹1,758.83 in December. These figures suggest a potentially lucrative period for investors.

Accompanying this optimism is a noteworthy Price/Earnings (P/E) ratio of 76.4, indicating a market perception of strong future earnings growth. As Godrej Properties continues to thrive in the real estate sector, these projections underscore the confidence investors place in the company’s performance.

Godrej Properties Share Price Target 2024

Godrej Properties anticipates a dynamic trajectory for its share prices throughout 2024, with a range of maximum and minimum values reflecting the market’s expectations. Commencing in January, the projected share prices range from ₹2,063.93 to ₹1,794.73, gradually ascending to ₹2,360.28 and ₹2,052.41 by December.

This upward trend suggests sustained investor confidence in the company’s performance over the year. The varied values offer a comprehensive view of potential market fluctuations, showcasing the dynamic nature of the real estate sector. As the company navigates through 2024, these projections provide investors with insights into the expected resilience and growth of Godrej Properties in the coming months.

Godrej Properties Share Price Target 2025

Godrej Properties’ share price forecast for 2025 paints a picture of sustained growth and market optimism. Starting the year with a range of ₹2,407.48 to ₹1,851.91 in January, the projections consistently climb throughout the months, reaching ₹2,877.51 to ₹2,213.47 by December. This upward trajectory suggests a positive outlook for the company, with investors anticipating robust performance and potential market opportunities.

The varying values provide a nuanced perspective on potential market fluctuations, reflecting the dynamic nature of the real estate sector. As Godrej Properties navigates through 2025, these projections indicate a favorable sentiment and confidence in the company’s future prospects.

Godrej Properties Share Price Target: 2026 – 2030

Looking ahead to the mid-2020s and beyond, Godrej Properties’ share price targets from 2026 to 2030 reveal an ambitious growth trajectory. Starting in 2026, the projected share prices range from ₹3,021.38 to ₹2,114.97, indicating a steady upward climb. The subsequent years continue this trend, reaching a maximum of ₹5,237.06 and a minimum of ₹3,665.94 by 2030.

These forecasts suggest an optimistic outlook for Godrej Properties, reflecting confidence in the company’s ability to navigate and thrive in the evolving real estate market. Investors may find these projections compelling as they consider the long-term potential of Godrej Properties’ stock.

Financial Condition of Godrej Properties Ltd: Last 5 years

Based on the financial data from the table provided, the following conclusions can be drawn:

Godrej Properties Sales Growth: Godrej Properties has experienced a fluctuating trend in sales over the last five years. Sales increased from Rs. 2,817 crores in Mar 2019 to Rs. 2,441 crores in Mar 2020, followed by a significant drop to Rs. 765 crores in Mar 2021. However, there was a recovery in sales to Rs. 1,825 crores in Mar 2022 and further growth to Rs. 2,252 crores in Mar 2023. The company’s ability to maintain consistent sales growth should be carefully assessed.

Godrej Properties Operating Profit: The company’s operating profit has shown mixed results. It was Rs. 178 crores in Mar 2019, increased to Rs. 260 crores in Mar 2020, but turned negative with a loss of Rs. 449 crores in Mar 2021. However, the company managed to improve its operating profit to a loss of only Rs. 56 crores in Mar 2022 and a positive operating profit of Rs. 207 crores in Mar 2023. The company’s ability to achieve sustainable positive operating profits needs to be evaluated.

Godrej Properties Profitability: The profitability of Godrej Properties has been volatile. The net profit was Rs. 253 crores in Mar 2019, increased to Rs. 274 crores in Mar 2020, but turned negative with a loss of Rs. 189 crores in Mar 2021. However, the company recovered with a net profit of Rs. 351 crores in Mar 2022 and further growth to Rs. 621 crores in Mar 2023. Evaluating the reasons behind the negative profitability in certain years is crucial for assessing the company’s long-term profitability.

Godrej Properties Earnings Per Share (EPS): The EPS of Godrej Properties has also shown fluctuations. It was Rs. 11.04 in Mar 2019, decreased to Rs. 10.73 in Mar 2020, turned negative at -6.81 in Mar 2021, but recovered to Rs. 12.68 in Mar 2022. The EPS further increased to Rs. 20.55 in Mar 2023. Investors should consider the reasons behind the negative EPS and assess the company’s ability to generate consistent earnings for shareholders.

Motilal Oswal on Godrej Properties Ltd share price target

FAQS

What is the current share price of Godrej Properties Ltd?

Current price of Godrej Properties share price is Rs.1,813 (as of November 9th, 2023)

What is the share price target for Godrej Properties Ltd from 2023-2030?

The share price target for Godrej Properties Ltd from 2023-2030 varies based on market analysis and predictions. As per the data provided, the company has a bullish outlook and is expected to see significant growth in the coming years.

Can Godrej Properties Ltd reach a share price of 10,000 INR by 2025?

While it’s difficult to predict with certainty, Godrej Properties Ltd can reach a share price of 10,000 INR by 2040 or 2050 based on market trends and expected growth.

What factors contribute to Godrej Properties Ltd’s expected growth?

Factors that contribute to Godrej Properties Ltd’s expected growth include the company’s strong brand reputation, its focus on sustainable development, and the overall growth of the real estate market in India.

Are there any potential risks to investing in Godrej Properties Ltd?

As with any investment, there are potential risks to investing in Godrej Properties Ltd. These risks could include changes in government policies or economic conditions, changes in the real estate market, or unforeseen events such as natural disasters.

What is the average target price for Godrej Properties Ltd?

Average share price target for Godrej Properties from 2023 to 2030:

How has Godrej Properties Ltd performed in the past?

Godrej Properties Ltd has a strong track record of performance in the real estate industry in India. The company has consistently delivered high-quality projects and has received numerous awards and recognitions.

Can investing in Godrej Properties Ltd provide long-term returns?

Yes, investing in Godrej Properties Ltd can potentially provide long-term returns for investors. As with any investment, it’s important to do thorough research and consult with a financial advisor before making any investment decisions.

What is Godrej Properties’ share price target for 2025?

The share price target for Godrej Properties in 2025 would be an average price of ₹2,677.16.

What is Godrej Properties’ share price target for 2030?

The share price targets for Godrej Properties in 2030 are as follows:

Maximum Price Target: ₹8,007.04 Minimum Price Target: ₹5,604.93 Average Price Target: ₹6,805.99

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Conclusion

Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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