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Earnings Call

Lodha Developers Earnings Call: Key Takeaways

Lodha achieved record FY26 presales of ₹205B and 20% PAT margin. Strategy focuses on deleveraging, expanding annuity income, and entering the NCR market.

Why this was an Alfa AlertBusiness development beat: Guided for GDV addition, but achieved ₹600 billion, which is 2.4x (140% beat) their own guidance.
Highlights
Revenue growth21% growth in financial revenue for FY26.
MarginsPAT margin touched 20%; embedded EBITDA margins 32-34% expected.
Order bookLaunch pipeline for FY27 at ₹218 billion GDV.
Demand visibilityStrong; available GDV for sale at ₹2 trillion.
Management confidenceHigh; citing structural expansion in Indian housing market.

Growth

FY26 presales grew 16% to ₹205B; PAT grew 24% to ₹34.3B; revenue up 21%.

Outlook

FY27 presales guidance of ₹240B; targeting ₹85B PAT by FY31; plan to become net-debt zero in DevCo.

Risks

Geopolitical tensions in Middle East impacting NRI sales and construction costs; potential labor attrition.

Source

Earnings Call filed with NSE, NSE: LODHA. Summary written with AI assistance from the document.

Read the document ↗

Lodha Developers Ltd: key numbers

Share price
₹1,165.00
Market cap
₹1,16,428 Cr
Revenue (annual)
₹16,676 Cr
Net profit (annual)
₹3,428 Cr
P/E (TTM)
28.2×Sector 35.8×
Promoter holding
70.31%-1.96% QoQ
FII holding
23.65%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Lodha Developers Limited allotted 50,720 equity shares under the "Lodha Developers Limited - Employee Stock Option Scheme 2021 – II".

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Lodha Developers Employee Stock Options

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Lodha Developers Debt & Borrowing

Lodha Developers Limited has announced September 14, 2026, as the record date for partial redemption and interest payments on its various debt securities.

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Lodha Developers Acquisition

Lodha Developers Limited announced court-convened meetings for equity shareholders and secured creditors on October 09, 2026, to approve the Scheme of Merger by Absorption.

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Debt & Borrowing

Lodha Developers Debt & Borrowing: ₹21.5 Cr

Lodha Developers Limited certified maintenance of a Rs. 21.50 Crore Debt Service Reserve Account (DSRA). This reserve supports its Rs. 500 Crore non-convertible debenture issuance.

Value
₹21.50 Cr