Lodha Developers Ltd

The company's profit before tax (PBT) climbed 6.5% YoY to Rs 1,263.9 crore in Q4 FY26. Net debt declined by around Rs 800 crore to Rs 5,377 crore during the quarter, supported by strong collections. Net debt-to-equity stood at 0.23x, below the 0.5x ceiling. The exit cost of debt for Q4 FY26 stood at 7.8%, down 10 basis points sequentially. On a full-year basis, the company's net profit rose 24% to Rs 3,430.7 crore on a 21% increase in revenue from operations to Rs 16,676.2 crore in FY26 over FY25. During the year, the company added 12 projects with a gross development value (GDV) of around Rs 60,000 crore across MMR, Pune, Bengaluru, and NCR, at 2.4 times its annual guidance. Its entry into the NCR market strengthens its presence in India's second-largest housing market. As of April 1, 2026, the company had a saleable GDV of Rs 200,000 crore, excluding township landbank earmarked for development beyond five years. It expects moderation in business development investments over the next 24 months, along with higher free cash flow generation. The company has signed an MoU with the Government of Maharashtra to develop a green data center park in Palava spanning about 400 acres. It plans to build 1 GW of data center capacity on a built-to-suit basis over around 100 acres, aimed at generating rental income. The Palava landholding of over 4,000 acres is expected to witness value accretion driven by such initiatives and improved connectivity. The data center, along with retail, warehousing, and select office developments, is expected to scale up annuity income tenfold over the next six years. Abhishek Lodha, MD & CEO, Lodha Developers, said, 'We are pleased to deliver record profitability for FY26. Our focus on profitable growth and long-term value creation with low leverage has enabled us to scale up our business significantly over the last few years. What is heartening is that this performance has come through despite multiple geopolitical headwinds in the last 12 months, reaffirming the resilience of housing demand from the top brands. This is the first time that we have achieved more than Rs 20,000 crores of pre-sales for the year, and yet, our market share is only about 3.5% (in value terms) out of the primary housing sales in the top 6 cities in India, indicating a long growth runway ahead.' Meanwhile, the company has recommended a final dividend of Rs 4.25 per equity share of face value Rs 10 each (42.5%) for the financial year ended 31 March 2026. The dividend will be paid to shareholders on the record date to be announced, subject to approval at the forthcoming 31st Annual General Meeting. Lodha Developers (formerly known as Macrotech Developers) is primarily engaged in the business of real estate development.

The company's profit before tax (PBT) climbed 6.5% YoY to Rs 1,263.9 crore in Q4 FY26. Net debt declined by around Rs 800 crore to Rs 5,377 crore during the quarter, supported by strong collections. Net debt-to-equity stood at 0.23x, below the 0.5x ceiling. The exit cost of debt for Q4 FY26 stood at 7.8%, down 10 basis points sequentially. On a full-year basis, the company's net profit rose 24% to Rs 3,430.7 crore on a 21% increase in revenue from operations to Rs 16,676.2 crore in FY26 over FY25. During the year, the company added 12 projects with a gross development value (GDV) of around Rs 60,000 crore across MMR, Pune, Bengaluru, and NCR, at 2.4 times its annual guidance. Its entry into the NCR market strengthens its presence in India's second-largest housing market. As of April 1, 2026, the company had a saleable GDV of Rs 200,000 crore, excluding township land bank earmarked for development beyond five years. It expects moderation in business development investments over the next 24 months, along with higher free cash flow generation. The company has signed an MoU with the Government of Maharashtra to develop a green data center park in Palava spanning about 400 acres. It plans to build 1 GW of data center capacity on a built-to-suit basis over around 100 acres, aimed at generating rental income. The Palava landholding of over 4,000 acres is expected to witness value accretion driven by such initiatives and improved connectivity. The data center, along with retail, warehousing, and select office developments, is expected to scale up annuity income tenfold over the next six years. Abhishek Lodha, MD & CEO, Lodha Developers, said, 'We are pleased to deliver record profitability for FY26. Our focus on profitable growth and long-term value creation with low leverage has enabled us to scale up our business significantly over the last few years. What is heartening is that this performance has come through despite multiple geopolitical headwinds in the last 12 months, reaffirming the resilience of housing demand from the top brands. This is the first time that we have achieved more than Rs 20,000 crores of pre-sales for the year, and yet, our market share is only about 3.5% (in value terms) out of the primary housing sales in the top 6 cities in India, indicating a long growth runway ahead.' Meanwhile, the company has recommended a final dividend of Rs 4.25 per equity share of face value Rs 10 each (42.5%) for the financial year ended 31 March 2026. The dividend will be paid to shareholders on the record date to be announced, subject to approval at the forthcoming 31st Annual General Meeting. Lodha Developers is primarily engaged in the business of real estate development. The counter fell 1.78% to settle at Rs 840.95 on Friday, 24 April 2026.

Lodha Developers announced that the Board of Directors of the Company at its meeting held on 24 April 2026, inter alia, have recommended the final dividend of Rs 4.25 per equity Share (i.e. 42.5%) , subject to the approval of the shareholders.

Net profit of Lodha Developers rose 9.35% to Rs 1007.90 crore in the quarter ended March 2026 as against Rs 921.70 crore during the previous quarter ended March 2025. Sales rose 11.58% to Rs 4713.50 crore in the quarter ended March 2026 as against Rs 4224.30 crore during the previous quarter ended March 2025. For the full year,net profit rose 24.02% to Rs 3428.20 crore in the year ended March 2026 as against Rs 2764.30 crore during the previous year ended March 2025. Sales rose 21.02% to Rs 16676.20 crore in the year ended March 2026 as against Rs 13779.50 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales4713.504224.30 12 16676.2013779.50 21 OPM %29.9728.88 -29.5128.93 - PBDT1374.501264.30 9 4716.703827.40 23 PBT1263.901186.50 7 4371.303555.50 23 NP1007.90921.70 9 3428.202764.30 24 Powered by Capital Market - Live

Lodha Developers will hold a meeting of the Board of Directors of the Company on 24 April 2026.

Lodha Developers Ltd gained 1.78% today to trade at Rs 871.1. The BSE Realty index is up 1.04% to quote at 6115.2. The index is up 12.87 % over last one month. Among the other constituents of the index, Oberoi Realty Ltd increased 1.6% and Godrej Properties Ltd added 1.38% on the day. The BSE Realty index went down 8.73 % over last one year compared to the 0.72% fall in benchmark SENSEX. Lodha Developers Ltd has added 9.3% over last one month compared to 12.87% gain in BSE Realty index and 5.77% rise in the SENSEX. On the BSE, 5851 shares were traded in the counter so far compared with average daily volumes of 6.58 lakh shares in the past one month. The stock hit a record high of Rs 1534.25 on 09 Jun 2025. The stock hit a 52-week low of Rs 650.85 on 02 Apr 2026.

Lodha Developers has allotted 63,642 equity shares under ESOP on 08 April 2026.

For the full year FY26, the company's pre-sales added up to Rs 20,530 crore, up 16% YoY. Lodha Developers developers stated that March saw select deferral of sales due to the Iran war leading to pre-sales being Rs 470 crore below guidance. Collections for Q4 FY26 were Rs 5,230 crore (up 18% YoY), significantly picking up from previous quarter as construction activity ramped up. For FY26, the company's collections were Rs 15,160 crore, up 5% YoY. The company stated that it has added one project in MMR with GDV of Rs 1,300 crore in Q4 FY26. During FY26, the company has added twelve projects across MMR, Pune, Bengaluru and NCR with GDV of approximately Rs 60,000 crore, which is 2.4 times the company's annual guidance. As of 01 April 2026, the company has GDV amounting to nearly Rs 200 crore available for sale (excluding land bank in townships which will not be used in next 5 years). Consequently, the company expects to reduce business development investments over the next 24 months and increase free cash flow. The company's net debt reduced by Rs 800 crore to Rs 5,370 crore during the quarter on the back of strong collections. Despite significant investment in business development in FY26, net debt-to-equity stood at 0.23x, well below the ceiling of 0.5x net debt-to-equity. Lodha Developers is primarily engaged in the business of real estate development. The company's consolidated net profit rose 1.32% to Rs 956.90 crore on a 14.44% increase in revenue from operations to Rs 4,672.50 crore in Q3 FY26 over Q3 FY25. The scrip rose 0.63% to currently trade at Rs 716.40 on the BSE.

Lodha Developers has allotted 22,992 equity shares under ESOS on 18 March 2026. Powered by Capital Market - Live

Lodha Developers has allotted 2,414 equity shares under ESOS on 05 March 2026. Powered by Capital Market - Live