ALFA Finder| Management target | Net Profit 20.0% FY27 |
|---|
| Revenue growth | 43% YoY reaching INR 50.0bn |
|---|---|
| Margins | PAT margin up to 26.9% due to land sales |
| Order book | Unsold GDV of ~INR 2,000bn |
| Demand visibility | Strong; 14mn new homes required for high-income households this decade |
| Management confidence | High; citing 'once in a country’s lifetime opportunity' |
Growth
Revenue grew 43% YoY; PAT up 103% YoY with margins expanding to 26.9% from 18.6% in Q1FY26.
Outlook
FY27 pre-sales guidance of INR 240bn; target 20% PAT CAGR; debt-free goal for DevCo level within years.
Risks
Construction cost inflation, though manageable at <3% annualized; regulatory shifts; potential demand-supply mismatch in lower ticket segments.
Last quarter's promises, checked
Delivered
- Guided FY26 Pre-sales INR 205bn → delivered INR 205bn (= BEAT)
- Guided FY26 PAT Margin 20% → delivered 20% (= BEAT)
- Guided FY26 Business Development INR 250bn GDV → delivered INR 600bn (= BEAT)
Partly delivered
- Guided FY26 Collections growth → delivered 5% YoY (noted as modest) (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: LODHA. Summary written with AI assistance from the document.
Lodha Developers Ltd: key numbers
- Share price
- ₹1,220.00
- Market cap
- ₹1,21,939 Cr
- Revenue (annual)
- ₹16,676 Cr
- Net profit (annual)
- ₹3,428 Cr
- P/E (TTM)
- 28.0×Sector 38.9×
- Promoter holding
- 70.29%-0.02% QoQ
- FII holding
- 25.33%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Lodha Developers Ltd
All →Lodha Developers Employee Stock Options
Lodha Developers allotted 56,654 equity shares under its ESOP 2021-II scheme on November 4, 2026. No price or consideration amount is disclosed.
Lodha Developers Debt & Borrowing: ₹5 Cr
Lodha Developers fixed a November 14, 2026 record date for ₹5 Crore partial redemption of its debentures. Each of 25,000 debentures sees ₹2,000 face value redeemed by November 30.
- Value
- ₹5.00 Cr
Lodha Developers Earnings Call Transcript: Key Takeaways
Lodha delivered record H1 performance with 63% PAT growth, though management relies heavily on second-half momentum and large one-time data center land sales to beat their 20% annual profit growth guidance.
- Call
- Guides 20% growth
Lodha Developers Debt & Borrowing: ₹300 Cr
Lodha Developers disclosed utilisation of ₹300 Crore from its 30 June 2026 NCD private placement, with no deviation. The Reg 52(7) statement covers the quarter ended 30 September 2026.
- Value
- ₹300.0 Cr
Lodha Developers Management Change
Lodha Developers replaces its Company Secretary and Compliance Officer: Sanjyot Rangnekar retires effective 30 October 2026, and Savita Kodain is appointed effective 31 October 2026. Both changes are routine KMP movements with no monetary impact.
Lodha Developers Investor Presentation: Key Takeaways
Q2FY27 revenue INR 44.7bn (+18% YoY), Adj. EBITDA INR 16.1bn (36.2% margin), PAT INR 10.1bn (+28%, 22.1% margin). Strategy targets ~20% PAT CAGR to FY31 with net D/E at or below 0.5x.
- Call
- Guides 20% growth