- Godrej Properties reported a net income of 6 billion rupees for Q1, which is a 15% increase year-over-year and significantly higher than the estimated 3.13 billion rupees.
- Revenue for the quarter was 4.35 billion rupees, reflecting a 41% decline compared to the previous year and falling short of the estimated 12.28 billion rupees.
- Total costs for the quarter were reduced by 20% year-over-year, totaling 7.33 billion rupees.
- Other income rose by 24% year-over-year, reaching 11.9 billion rupees.
- Analyst recommendations for Godrej Properties include 16 buy ratings, 1 hold, and 4 sell ratings.
A look at Godrej Properties Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Godrej Properties, Ltd. is a real estate development company that shows promising signs for long-term growth potential based on Smartkarma’s Smart Scores. With a high score of 5 in Growth and 4 in Resilience, the company is positioned well for future expansion and shows strength in weathering market uncertainties. This indicates a positive outlook for Godrej Properties in terms of increasing its market presence and adapting to changing economic conditions.
While the company scores lower in Dividend at 1, indicating a lower focus on dividend payouts, it still maintains decent scores in Value and Momentum at 3 each. This suggests that Godrej Properties may offer good value opportunities for investors and is showing steady upward momentum. Overall, with a mix of solid growth, resilience, and momentum, Godrej Properties appears to have a bright future ahead in the real estate development sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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