Page 2 - Godrej

Godrej Capital eyes 2-fold AUM rise by FY28, rules out capital infusion

Non-bank lender Godrej Capital's assets under management have grown to about Rs 18,000 crore, and the company is targeting to close FY26 at over Rs 25,000 crore, a top official has said. Over the next two years -- FY27 and FY28 -- it plans to nearly double the AUM to Rs 50,000 crore, its managing director and chief executive Manish Shah told PTI. The company, in which parent Godrej Industries owns over 90 per cent stake, has sufficient capital right now as most of the capital committed by the group has already come in, he said. "Until such time as we list, the capital will come from the group. Most of it we have already received. We don't need a lot more capital over the next few years," Shah said. The parent firm has infused an additional Rs 285 crore into the company to increase its stake by 1.41 per cent to a total of 90.89 per cent. Shah said the company is also delivering profits now, which can be reploughed back into the business for asset growth, but made it clear that the

Godrej Industries to invest ₹750 cr on capacity expansion of chemicals biz

Godrej Industries on Thursday said it will invest more than Rs 750 crore over the next few years to expand capacities of its chemicals business and achieve higher annual revenue. In a regulatory filing, Godrej Industries informed that its chemical business will undertake significant capacity expansions as part of its growth plan to become a USD 1 billion global business before 2030. "With a total capital outlay for expansions to exceed Rs 750 crore over the next few years, the company has already kicked off several projects," it said. Godrej Industries (Chemicals) will double its fatty alcohol and uric acid capacities with an addition of 35,000 tonnes per annum and 20,000 tonnes per annum respectively. It has tripled its specialities capacity with an addition of 21,000 tonnes per annum, while the glycerine capacity will be doubled with an addition of 24,000 tonnes per annum. The fermentation capacity will also see a threefold increase with an addition of 1,500 tonnes per annum. I

Godrej Properties buys 43-acre land in Panipat, aims ₹1,250 cr revenue

Godrej Properties has acquired a 43-acre land parcel in Panipat, Haryana and is expecting a revenue of more than Rs 1,250 crore through the sale of residential plots. In a regulatory filing on Monday, Godrej Properties informed that it has "acquired 43 acres of land for a plotted development that will have a revenue potential in excess of Rs 1,250 crore." The company did not disclose the deal value. This will be the company's first project in Panipat and fourth residential plotted township in North India. The land is located in Sector 40, Panipat. This project will contain approximately 1.02 million sq ft of plotted residential development. Godrej Properties MD and CEO Gaurav Pandey said, "The project fits well with our strategy of expanding into new markets for plotted development. Haryana has been a key market for us, and we look forward to develop a quality plotted township in Panipat, that creates long-term value for its residents." Godrej Properties is one of the leading rea

Godrej Properties sells over 1,450 homes for Rs 2,000 cr in Bengaluru

Godrej Properties Ltd has sold more than 1,450 flats for over Rs 2,000 crore in its new project in Bengaluru, as consumer demand for premium apartments remains strong. In a regulatory filing on Monday, Godrej Properties informed that it has "sold inventory worth over Rs 2,000 crore during the launch of the first phase of the project, Barca at Godrej MSR City, located in Devanahalli, Bengaluru." The project was launched in April 2025. The company sold over 1,450 homes with more than 2.2 million (22 lakh) square feet of area in the first phase of the project. Godrej MSR City, a township project, has a developable potential of around 5.6 million (56 lakh) square feet and has significant unlaunched inventory remaining, which the company plans to sell in the coming years. Gaurav Pandey, MD & CEO, Godrej Properties, said, "The strong demand reflects growing consumer preference for thoughtfully designed communities that offer a blend of lifestyle, connectivity, and long-term ...

Godrej Properties acquires 16-acre parcel in Pune, eyes Rs 3,100 cr revenue

The 16-acre parcel in Pune's Upper Kharadi will support premium housing and retail, marking Godrej Properties' second acquisition in the region this month

Godrej Properties to develop Rs 3,100 cr housing-cum-retail project in Pune

Realty firm Godrej Properties Ltd has acquired 16-acre land in Pune to develop a housing-cum-retail project with an estimated revenue of Rs 3,100 crore. In a regulatory filing on Tuesday, the company informed it will develop about 16-acre land parcel in Upper Kharadi, Pune. "The development on this land will primarily comprise premium group housing and high-street retail. The project will have a developable potential of about 2.5 million square feet with an estimated revenue potential of around Rs 3,100 crore," Godrej Properties said. This is the company's second land acquisition this month in the Kharadi-Wagholi belt, taking the estimated cumulative revenue potential from the two developments to about Rs 7,300 crore. The company did not mention whether the acquisition of this land parcel is through outright purchase or partnership with the landowner. Gaurav Pandey, MD and CEO, Godrej Properties, said,"Upper Kharadi has rapidly emerged as one of Pune's most promising real estate .

Godrej's Tanya Dubash-promoted firm buys apartment in Mumbai for 226 cr

Private real estate firm Shaula Real Estates, where the daughter of Godrej Industries Chairman Adi Godrej is a director, has purchased a duplex apartment in a luxury housing project at Worli in Mumbai for nearly Rs 226 crore. Tanya Arvind Dubash, the eldest daughter of industrialist Adi Godrej, and Clement George Pinto are directors in Shaula Real Estates Pvt Ltd, according to sources. The company has been incorporated on March 26, 2025, in Mumbai. In a statement on Monday, real estate consultant Square Yards said, "Shaula Real Estates has purchased a duplex apartment in the Naman Xana project located in Worli, Mumbai, for Rs 225.76 crore". Square Yards said it has seen property registration documents. The transaction was registered in May 2025. Godrej Industries did not comment on the transaction. The purchased property is part of Naman Xana, an under-construction luxury residential project. As per RERA, the project is spread over 0.64 acres and is scheduled for completion by ..

Godrej acquires 14-acre land in Pune to build project worth Rs 4,200 cr

Realty firm Godrej Properties Ltd has acquired a 14-acre land in Pune to develop a housing project with a revenue potential of Rs 4,200 crore as part of its expansion plan. In a regulatory filing on Monday, Godrej Properties said it will develop the 14-acre land parcel in Kharadi - Wagholi, Pune. The development on this land will comprise primarily premium group housing. "The project will have a developable potential of 3.7 million square feet with an estimated revenue potential of Rs 4,200 crore," the company said. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Kharadi - Wagholi is one of the most sought-after destinations in Pune, and we are happy to mark our entry into this micro market. This further enhances our presence in Pune and fits within our strategy of strengthening our presence across key micro-markets in India." "We will aim to build a high-quality development that creates long-term value for its residents," Pandey said. Mumbai-based Godrej Properties is one of

India's pet care industry to touch Rs 10K cr by 2028: Godrej Pet Care chief

Early this month, GPC entered Tamil Nadu with Godrej Ninja-a pet care brand offering scientifically formulated pet food for dogs, designed to enhance gut health and immunity

Godrej Enterprises aeropsace unit signs pact with 3D printing player EOS

The aerospace business of Godrej Enterprises Group on Tuesday announced signing an initial pact with industrial 3D-printing solutions provider EOS to develop an additive manufacturing (AM)-based manufacturing ecosystem focused on the Indian aviation and space industries. This collaboration represents a critical step in India's technological evolution, enabling the transformation of complex manufacturing processes and positioning the country as a global leader in aerospace innovation, the company said. With EOS possessing the largest AM global install-base in the space technology industry, the collaboration brings together a powerful combination of technological expertise and manufacturing capabilities, it said. Stating that the partnership aims to transform the aviation and space industry in India through AM-driven design and delivery of functionally enhanced products, the company said the two partners will build the technical capabilities and production capacities required to ...

Godrej Properties sells around 90 flats for over ₹1,000 cr in Gurugram

Real estate company Godrej Properties Ltd has sold around 90 flats for more than Rs 1,000 crore on the launch day of its new luxury housing project at Gurugram, despite an overall demand slowdown in residential property market. In a regulatory filing on Friday, the company said around 90 flats were sold on the launch day of its project 'Godrej Astra' located on Golf Course Road micro-market. The project is spread over 2.76 acres. This is the company's second launch in the prime Golf Course Road micro-market. "Gurugram is an extremely important market for Godrej Properties and we look forward to further strengthening our presence there in the coming years," Gaurav Pandey, MD & CEO, Godrej Properties, said. Godrej Properties is one of the leading real estate developers in the country. Recently, real estate data analytics firm PropEquity said that housing sales declined 23 per cent in January-March across nine major cities, while housing brokerage firm Anarock reported a 28 per cent

Godrej Properties acquires CIDCO land in Navi Mumbai for Rs 717 crore

Earlier, in October 2024, the company had emerged as the highest bidder for these plots with a revenue potential of Rs 3,500 crore

Godrej Enterprises Group eyes 50% growth in AC sales in FY26 on high demand

Godrej Enterprises Group expects sales of its air conditioners to grow 50 per cent in the next fiscal on the back of continued robust demand and its new range of products, including smart ACs, a top company official said on Tuesday. With the early onset of summer, the group expects the overall industry demand for ACs to be strong at around 30-35 per cent growth but not as high as 60 per cent witnessed last year due to a high base, Godrej Enterprises Group, Business Head & EVP, Appliances Business Kamal Nandi told PTI here. The group on Tuesday ramped up its AC portfolio, including a premium range of smart ACs and also announced its foray into the commercial AC segment with Cassette ACs and Tower ACs. "We will be ending this year (FY25), doubling our volumes. We will be closing this year with about 10 per cent market share. This is up from 6.7 lakh to 14 lakh units. We are growing more than 100 per cent against industry growth that will be roughly about 36 per cent," Nandi said ...

Godrej Properties acquires around 10-acre land in Bengaluru's Yelahanka

The project will have an estimated revenue potential of ₹ 2,500 crore

Godrej Interio aims to ride e-commerce wave, targets 18-20% growth

The firm's parent company has planned an investment of Rs 100 crore for its digital revamp, customer experience, and sales growth through e-commerce over the next year

Aerospace revenue to double in five years: Godrej's Maneck Behramkamdin

Godrej Enterprises Group's aerospace division has evolved from making ISRO rocket components to becoming a key player in India's push for self-reliance in military aircraft engines

Godrej Enterprises' Energy Solutions arm eyes Rs 2,000 cr revenue in 3 yrs

Company says it's focused on constructing power substations and expanding mechanical, electrical and plumbing business

Godrej Enterprises group to double topline in 5 yrs, to invest Rs 200 cr

Godrej Enterprises Group looks to double the turnover of its Process Equipment business in the next 4 to 5 years, helped by the green energy transition happening across the globe, an official said. Moreover, the company which operates in the sectors such as oil, gas and chemicals is investing Rs 200 crore in the second phase of its Dahej Plant to expand the annual manufacturing capacity to approximately 30,000 MT from the existing 23,000 MT. However, the Process Equipment division is simultaneously scaling down its operation at the Vikhroli plant in Mumbai due to logistical challenges, limiting it to domestic markets largely, its Executive Vice President & Business Head Hussain Shariyarr said. The fresh investment is in addition to Rs 300 crore invested by the Godrej Enterprises Group in the first phase of its production facility at Dahej. The Process Equipment (PE) manufacturing division business, which produces reactors, pressure vessels, columns, heat exchangers etc has a ...

Godrej Industries gains 10% on healthy Q3 show; PAT rises 77%, rev up 34%

On Wednesday, after market hours, Godrej Industries reported a 77 per cent rise in consolidated profit to Rs 188 as compared to Rs 106 crore a year ago

Godrej Group-owned Anamudi Real Estates buys Rs 80.83 cr land in Mumbai

The land is located in Juhu, a prime Mumbai location, and spans an area of around 560 square metres