- Godrej Properties reported a net income of 3.82 billion rupees in the fourth quarter, which is higher than the estimated 3.64 billion rupees, but marked a 19% decrease year-over-year.
- The company achieved revenue of 21.2 billion rupees, showing a 48% increase compared to the previous year, and exceeding the estimated 14.11 billion rupees.
- Total costs for the quarter were 20.8 billion rupees, reflecting a significant 54% rise from the previous year.
- Other income came in at 5.59 billion rupees, up by 14% from the previous year.
- Investment analysts have a strong positive outlook on the stock with 18 buy recommendations, zero holds, and 2 sell recommendations.
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 with a strong growth outlook, scoring a 5 in Growth according to Smartkarma Smart Scores. This indicates that the company is well-positioned for future expansion and profitability in the real estate market. Additionally, Godrej Properties scores a respectable 4 in Resilience, signifying its ability to withstand market fluctuations and economic challenges, further solidifying its long-term sustainability.
On the other hand, the company scores lower in Dividend with a score of 1, which suggests a lower focus on distributing profits to shareholders in the form of dividends. However, its Value score of 3 indicates that the company may be trading at a reasonable price compared to its intrinsic value. Overall, with a mixed bag of scores but a strong emphasis on growth and resilience, Godrej Properties appears to have a promising long-term outlook in the real estate 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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