Godrej Industries Eyes ₹1 Lakh Crore AUM in Financial Services; Gold Loan Foray in FY27
Godrej Industries, led by Chairman-designate Pirojsha Godrej, is betting big on financial services, aiming to scale its assets under management (AUM) to ₹1 lakh crore over the next five years. The company has already achieved a remarkable ₹27,000 crore in AUM, driven by the growth of Godrej Capital.
Key Highlights
- Financial Services: Godrej Industries is aggressively expanding its financial services business, targeting ₹1 lakh crore AUM by FY32.
- Gold Loan Foray: The company plans to enter the gold loan segment in the current financial year, marking a significant expansion of its financial services offerings.
- Real Estate: Godrej Properties has reported strong growth, with 40% compounded growth in sales and collections over the past three to four years.
- Consumer Business: Godrej Consumer Products is seeing a recovery in the second half of FY26, with double-digit volume growth expected in the medium term.
Interview Excerpts
In an interview with CNBC-TV18, Pirojsha Godrej highlighted the group's growth trajectory, emphasizing strong momentum across businesses and an ambitious expansion pipeline.
Pirojsha Godrej: "At that scale, the business becomes attractive for public listing."
Financial Services Expansion
Godrej Capital has achieved significant growth, with AUM scaling to ₹27,000 crore. The company is now exploring adjacencies, including the gold loan segment, and insurance remains a longer-term opportunity.
Real Estate Growth
Godrej Properties has reported strong growth, with 40% compounded growth in sales and collections over the past three to four years. The company is targeting a doubling of its market share 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.
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.