Calling it a “very exciting time,” Godrej said the group is looking to blend its legacy strengths with fresh energy as it drives growth across its six operating businesses. These include listed entities—Godrej Properties, Godrej Consumer Products and Godrej Agrovet—alongside unlisted verticals such as Godrej Chemicals, Godrej Ventures and Godrej Capital.
Financial services has emerged as the fastest-growing vertical, with Godrej Capital scaling its assets under management (AUM) to around ₹27,000 crore. The group now aims to expand this to ₹1 lakh crore over the next five years. “At that scale, the business becomes attractive for public listing,” he said, adding that financial services will be a key growth driver. The company is also exploring adjacencies, including entry into the gold loan segment within the current financial year, while insurance remains a longer-term opportunity.
On the real estate front, Godrej Properties has delivered strong momentum, clocking around 40% compounded growth in both sales and collections over the past three to four years. With a current market share of about 5%, the company is targeting a doubling to 10% over the next five years, supported by a launch pipeline of ₹42,000 crore and a broader development pipeline of ₹1.35 lakh crore.
Godrej added that the real estate business is now largely self-sustaining, having generated operating cash flows of over ₹15,000 crore in the past two years. Following a QIP in 2024, the company does not foresee the need for further capital and expects to turn free cash flow positive by FY28.
Also Read: Pirojsha Godrej: ₹1.35 lakh crore portfolio gives Godrej Properties multi-year visibility
Meanwhile, Godrej Consumer Products is seeing a recovery after a subdued first half of FY26, with Q1 FY27 starting on a stronger footing. The company is targeting double-digit volume growth over the medium term, while remaining cautious on pricing amid global uncertainties.
On capital allocation, Godrej reiterated that listed businesses are expected to be self-reliant, while unlisted verticals may require investments of ₹5,000–7,000 crore over the next three years. He added that financial services and chemicals businesses could be potential candidates for future listings, which may help unlock value for shareholders.
Also Read: Godrej Industries up 33% this month, best in 17 years on value unlocking prospects
