| Management target | Net Profit 20.0% FY31 |
|---|
| Revenue growth | Q2 +18%, H1 +30% YoY |
|---|---|
| Margins | Adj EBITDA margin 36.2% Q2 (+180bps); H1 39.8% |
| Order book | Unsold GDV ~INR 2,000bn; 1H BD adds INR 71bn GDV |
| Demand visibility | Unsold GDV ~INR 2,000bn; limited BD needed |
| Management confidence | Expects to easily exceed FY PAT guidance |
Growth
H1FY27 revenue INR 94.6bn (+30%); PAT INR 23.9bn (+63%); Q2 pre-sales INR 50.4bn (+10%).
Outlook
FY27 pre-sales guidance INR 240bn; ~20% PAT CAGR to FY31 (PAT INR 85bn+); expects to easily exceed FY PAT guidance.
Risks
Q2 collections flat YoY at INR 34.5bn; net debt rose INR 3.5bn QoQ; H1 pre-sales growth slowed to 7%.
Last quarter's promises, checked
Delivered
- FY27 PAT ~INR 41bn (+20%), Q1 33% of it → H1 PAT INR 23.9bn (~58%) (= BEAT)
- Q2 pre-sales INR 50bn+ → INR 50.4bn (= BEAT)
- Net debt/equity below 0.5x ceiling (0.2x) → 0.21x (= BEAT)
Partly delivered
- Like-to-like pricing +5–7% over FY27 → YTD +4% (= PARTIAL)
- FY27 launches ~INR 250bn GDV → 1H launches INR 40.8bn, pipeline INR 190.7bn; basis unclear (= PARTIAL)
Missed
- DevCo net-debt-free in 2–3 yrs, Q1 net debt <INR 50bn → rose INR 3.5bn QoQ to INR 52.8bn (= MISS)
Investor Presentation filed with NSE, NSE: LODHA. Summary written with AI assistance from the document.
Lodha Developers Ltd: key numbers
- Share price
- ₹1,037.00
- Market cap
- ₹1,03,642 Cr
- Revenue (annual)
- ₹16,676 Cr
- Net profit (annual)
- ₹3,428 Cr
- P/E (TTM)
- 25.1×Sector 34.5×
- 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 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 Results Update
Lodha reported Q2 FY27 PAT of Rs.1,013 crore, up 28% YoY, and expects to beat full-year profit guidance. Pre-sales reached Rs.5,037 crore in the quarter.
Lodha Developers Q2 FY27 Results: Net Profit ₹1,014 Cr, Up 28.3% YoY
Lodha Developers Ltd reported revenue from operations of ₹4,467 Cr (+17.6% YoY) and net profit of ₹1,014 Cr (+28.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹1,014 Cr · +28.3% YoY
Lodha Developers Debt & Borrowing: ₹1.2 Cr
Lodha Developers made a partial principal payment of ₹1.20 Crore on debentures (ISIN INE670K07349). Outstanding debt stands at ₹121.81 Crore.
- Value
- ₹1.20 Cr
Lodha Developers Board Meeting Date
Lodha Developers has scheduled a board meeting on October 30, 2026, to consider unaudited consolidated and standalone results for the quarter and half year ended September 30, 2026. The meeting is a future intimation, and the agenda is proposed only.